Bitcoin Lurker

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Bitcoin Lurker

Bitcoin Lurker

@CryptozLurker2

Just a random schmoe who likes bitcoin and fears inflation

Da Moon Katılım Ağustos 2020
551 Takip Edilen350 Takipçiler
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Avik Roy
Avik Roy@Avik·
While lobbyists in Gucci loafers argue about whether or not stablecoin issuers can transmit 2% yield (excuse me, “rewards”) from Treasuries to their customers, $STRC and $SATA are offering dividend yields of 11.5% and 13%, respectively.
TFTC@TFTC21

Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) have finalized a compromise on stablecoin yield, clearing the way for the Clarity Act to move forward in the Senate Banking Committee. The deal bans rewards offered "in a manner that is economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit." Companies could still offer rewards tied to stablecoins, but only if those rewards pass a regulatory test proving they aren't functioning like bank deposit interest. The compromise also directs regulators to develop a new stablecoin disclosure regime and define a list of permissible reward activities. Stablecoin yield has been the central holdup for the Clarity Act for months. Banks argued that stablecoins offering 5-6% yields were directly competing with traditional savings accounts outside the banking regulatory framework. Tillis says he will push for the bill to enter markup after the May recess. Separately, Tillis expressed support for Senator Cynthia Lummis' framework to protect non-custodial software developers from prosecution under 1960s-era money transmitting statutes, drawing a legal line between developers who write open-source code and entities that actually control customer funds.

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Laura Loomer
Laura Loomer@LauraLoomer·
It’s very interesting how Democrat Congressman Eugene Vindman @YVindman, the Ukrainian Nancy Pelosi @SpeakerPelosi relied on to impeach President Trump during Trump’s first term, told the same lies as Ro Khanna @RoKhanna during the House Armed Services Committee hearing this week. Vindman told @SecWar @PeteHegseth that “Trump betrayed his voters” by striking Iran. Hegseth replied by saying it’s always been President Trump’s promise to voters that he would *never* allow Iran to obtain a nuclear weapon. Earlier this week, Ro Khanna told a very similar lie centered around President Trump “betraying his base” by striking Iran. Like Vindman, Khanna also has a checkered past embracing “Get Trump” policies, and he has recently associated with Hasan Piker @hasanthehun, a Muslim Communist who called for Trump’s death. I doubt it’s a coincidence that arguably the biggest “Get Trumpers” in Congress repeated the same lie in the same hearing while sitting near each other. The script has clearly been sent out!
Laura Loomer@LauraLoomer

During today’s House Armed Services Committee hearing, Democrat Ro Khanna @RoKhanna ranted and raved to @SecWar Pete Hegseth @PeteHegseth about President Trump betraying his base: “I am sad for the people who voted for Trump you betrayed. You betrayed a lot of that MAGA base. And do you know who knows that? JD Vance @JDVance.” In reality, President Trump has said since the 1980s that he would NEVER allow Iran to obtain a nuclear weapon. Thanks to Barack Hussein Obama @BarackObama’s Iran nuclear deal, Iran became close to obtaining a nuclear weapon, so Trump made good on his promise by destroying Iran’s nuclear facilities. This has always been a Trump policy since he launched his Presidential campaign in 2015. Ro Khanna is a crazed Trump hater who refuses to disavow Hasan Piker @hasanthehun, an individual who has called for President Trump’s death. JD Vance must immediately come out and rebuke Khanna’s lies aimed at dividing the MAGA base!

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Mark Meadows
Mark Meadows@MarkMeadows·
Senators when it’s time to fight for the SAVE America Act.
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Bitcoin Lurker
Bitcoin Lurker@CryptozLurker2·
@PeterMcCormack If that silly little socialist had ever built anything, his tune would be different
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Peter McCormack 🏴‍☠️🇬🇧🇮🇪
Here is another stupid take by a silly little socialist. They are two separate businesses. I don't take a wage from the coffee shop despite owning and operating it at the senior level. There is no money left to pay me. I do it out of love. The costs of the podcast are paid out of the profits of the podcast, which is a good little business. But the interesting point here is that he thinks all the profit being generated by the workers should go to them. But the silly little socialists can't fathom the following: 1. I took the risk to open the coffee shop - the £120k refurb, the 10 year lease, the business plan and the risk. My reward for the risk if the profits if it works, which I can share with the staff if I choose. 2. But even if we take the silly little socialist mildly seriously (we shouldn't, he's a dumb dumb), if the business fails and is losing money, should we blame the workers and should it be deducted from their salary? This is why these silly little revolutionaries should not be taken seriously. Firstly they don't understand economics, second they are fundamentally stupid, third their model is based on envy, fourth they have no answer to the coordination problem. I could go on, probably not worth it as you can't reason with silly little socialists.
Bitnik@Bitnik9k

@PeterMcCormack The business would prob be fine if all of the profit being generated by the workers (who are actually doing the work) went to them instead of having to pay you a cut while you travel the globe podcasting

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Bitcoin Teddy
Bitcoin Teddy@Bitcoin_Teddy·
Palantir CEO Alex Karp on Zohran Mandani: “The average Ivy League grad voting for this mayor is annoyed their education is not that valuable, and that the person who knows how to drill for oil has a more valuable profession” “I think that annoys the fuck out of these people”
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Brad Setser
Brad Setser@Brad_Setser·
There has been too much talk of petrodollars. And not enough talk of Chinese dollars China isn't really de-dollarizing. Rather the contrary. A new blog 1/ cfr.org/articles/china…
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Allie Beth Stuckey
Allie Beth Stuckey@conservmillen·
When she goes to events, you demand she stays home. When she stays home, you question her motives. Whether she laughs, cries, or shows anger, it’s always too much or not enough. Erika’s not only ruthlessly condemned, she’s relentlessly mocked as if she’s not a real person navigating massive loss. Yes, she’s a public figure, and as such she will receive critiques and questions. But if you can’t do that without hostility, without dehumanizing her, you’ve got a soul-level sickness that needs to be addressed.
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Bitcoin Lurker
Bitcoin Lurker@CryptozLurker2·
RT @chiproytx: Great news from the Supreme Court striking down Louisiana’s racially gerrymandered map, 6–3. I’ve spent years challenging f…
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Wall Street Mav
Wall Street Mav@WallStreetMav·
If your degree can’t beat a high school salary in 4 years, no more tax money. Same if your grad degree can’t beat a BA. That would wipe out half of majors. And if universities can’t fix it, 80% go bankrupt.
Peter St Onge, Ph.D.@profstonge

Trump wants to end student loans for junk degrees. Taxpayers spend at least $60 billion a year on the 57% of degrees that lose money. And with AI coming, young people can't coast on a zero-skill sheepskin.

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Mario Nawfal
Mario Nawfal@MarioNawfal·
Oil has dozens of global suppliers. When one source gets disrupted, others fill the gap. Domestic rare earth alloys are different. There is no backup supplier. There is no strategic reserve. If rare earth alloys disappeared tomorrow, the F-35 production line at Lockheed Martin would go silent. EVs stop rolling off the line. Missile guidance systems, radar arrays, wind turbines - all of it depends on permanent magnets made from rare earth metals that almost no one outside China can produce. We still cannot imagine the scale of the problem and the concentration of rare earth manufacturing in China. It isn't 30% or 50%; it goes above 90%. Neodymium surged to the $130-150/kg range in China, while quoted metal prices outside China were already around $220/kg. Dysprosium prices in China hit the ~$240–250/kg range in March. Terbium is now holding in the $1,000-1,100/kg range, and at a multiple of every other rare earth used in high-performance magnets. Outside of China, everyone’s paying a massive premium for rare earths. Europe and the U.S. are sometimes paying 2.5-3X of these prices. Neodymium moves closer to the $210-$200 range, while Terbium and Dysprosium shoot through the roof, towards $900/kg for Dysprosium and over $4,000/kg for Terbium, depending on its form. @realloys NASDAQ: $ALOY is the only rare earths manufacturer that is not building into China prices, but into the premium outside China. REalloys operates a facility in Euclid, Ohio, with 30 years of metallurgy expertise, active Pentagon contracts, and a proven capability in the Western Hemisphere to metallize rare earths Their operations are scaling, especially around their partnership with the Saskatchewan Research Council (SRC), which is building North America's first fully integrated, commercial rare earth processing facility. And they are still the only ones ready for January 1, 2027, when new U.S. defense procurement rules under DFARS and 10 U.S.C. §4872 take effect. After that date, Chinese-origin rare earth materials cannot be used in American defense systems. Pay attention. Know more: cjn.link/Realloys-ymc Disclaimer: This content was produced in collaboration with the other party and is intended for informational purposes only. It does not constitute financial or investment advice. Always conduct your own research before making any financial decisions.
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Peter St Onge, Ph.D.
Peter St Onge, Ph.D.@profstonge·
Trump wants to end student loans for junk degrees. Taxpayers spend at least $60 billion a year on the 57% of degrees that lose money. And with AI coming, young people can't coast on a zero-skill sheepskin.
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The Bitcoin Historian
The Bitcoin Historian@pete_rizzo_·
BREAKING: ALBERTA CANADA JUST ANNOUNCED THEY BOUGHT $220,000,000 WORTH OF #BITCOIN EXPOSURE VIA $MSTR COUNTRIES ARE BUYING THE DIP. 🔥🚀
The Bitcoin Historian tweet mediaThe Bitcoin Historian tweet media
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Bill Bishop
Bill Bishop@niubi·
"In Germany’s case, Chancellor Friedrich Merz was notified but authorities determined it would be problematic to have Lai land in Frankfurt on an official aircraft, people familiar with the matter said. After learning Germany was considering Taiwan’s request, Beijing made calls to officials in Berlin pressuring them to deny Lai’s transit, according to the people."
Bill Bishop@niubi

"Germany and the Czech Republic denied requests for Taiwan President Lai Ching-te to transit through Europe earlier this month, dooming his last-minute effort to circumvent a China-backed blockade of his first diplomatic trip to Africa, people familiar with the matter said." bloomberg.com/news/articles/…

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