𝒪𝒸𝓉𝑜𝓅𝓊𝓈

The end of the Petrodollar is: ⌛️now⏳

@boncryp @JoelKatz @Tracy_Maloney2 @Mangini01 @Gavin74918272 @InvestWithD How do you know? I don’t remember Mr Katz telling us that.

@JoelKatz @Tracy_Maloney2 @Mangini01 @Gavin74918272 @Octopusrpl @InvestWithD But you still have 12,000,000 XRP.

Let's always remember the story of @JoelKatz selling his $ETH for $1.05 🤣 If he thought there is 1% chance of $ETH hitting $2368 would he sell it? No

@JoelKatz @glenheadmama @Mangini01 @Gavin74918272 @InvestWithD Aha!😂

@glenheadmama @Mangini01 @Gavin74918272 @Octopusrpl @InvestWithD Some to buy XRP. Some to pay for all kinds of things at each new all time high. Increasingly just to reduce risk.

@JoelKatz @Mangini01 @Gavin74918272 @InvestWithD Fair. Fair. Still very surprising. Especially if your future doesn’t really depend on them. I wonder if it would really be such a big financial risk.

@Octopusrpl @Mangini01 @Gavin74918272 @InvestWithD It really is not about how I feel about the future of the space. It's just about me really, really not liking risk. Taking big financial risks makes me unhappy. I would be a lot wealthier today were this not so, but it is what it is.

@InvestWithD @JoelKatz @Mangini01 @Gavin74918272 Ok jk 😅

@InvestWithD @JoelKatz @Mangini01 @Gavin74918272 He didn’t say he trated XRP any differently, did he? 😂🫣

It does not show a great faith in the future of this space though, at least for BTC and ETH, does it? Surely you didn’t absolutely need the cash from btc and eth sales? Whereas for XRP it would make more sense for you to sell a good chunk if you were (partly) paid in XRP. I just hopemyou didn’t treat XRP as other crypto. Saying so would be a tactical nuke in this community. Fascinating anyway.

@Octopusrpl @Mangini01 @Gavin74918272 @InvestWithD I hate risk and yet every big risk I've taken has paid off hugely. My biggest losses came not from the risks I took but the risks I wasn't willing to take. And I regret nothing. I sleep really well at night. Well, usually anyway.

@JoelKatz @Mangini01 @Gavin74918272 @InvestWithD Fascinating especially from someone who is an integral part of this space.

@Mangini01 @Gavin74918272 @Octopusrpl @InvestWithD I once had more than 1,000 BTC. I'm down to less than 1 now. I once had 40,000 ETH. I think I'm down to less than 2 now. :/

@JoelKatz @Mangini01 @Gavin74918272 @InvestWithD

@Mangini01 @Gavin74918272 @Octopusrpl @InvestWithD Yeah. I guess I should say that my idea of not a lot is still more than a million. I once had 26 million XRP.

@JoelKatz @Vet_X0 I would put an emohasis not on weight alone but more on body composition. More lean mass Is better.

@Vet_X0 I'm going to have to think seriously about that in a few months. A much lower weight is technically better for my health, but do I really want to be a thin person? Also, as you get older, extra weight can help you survive things like a severe flu.

Just weighed myself this morning and for the first time in 35 years, I am not obese.

@JoelKatz @InvestWithD So then Mr Katz, our next question is ‘are you selling your XRP’. 😝😉

@InvestWithD If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05. I'm still not sure the odds of that happening really were more than 1% at the time. 😉

@JoelKatz Not to worry. The IRS will most likely decide for you based on how much profit they can make.

I'm glad I don't do my own taxes anymore. Just some of the issues with this: 1) Is the FUZZY that I received a gift? Or was it paid to me in the ordinary course of business? 2) What is my tax basis in the FUZZY that I received? 3) When I deposited into the AMM, do I consider the value materialized to be the fair value of the tokens I deposited or the fair value of the LP tokens I got? 4) Must I use FIFO to determine my basis in the XRP tokens I gave up to the AMM? Or can I choose which XRP to consider myself to have disposed of? 5) How do I figure the fair value of the LP tokens I got? Can I use the DEX? The AMM? Before, during, or after my transaction if I moved the market? 6) Can I plausibly argue that some of the values of the tokens involved cannot reasonably be determined to delay capital gains taxes until I eventually move back into more liquid assets? Or do I have to come up with some value by some methodology?

I took some of my FUZZY and some of my XRP to do a two-sided deposit into the XRP/FUZZY AMM. This adds liquidity to FUZZY and could let me profit from both volatility and swaps between FUZZY and XRP. bithomp.com/tx/A526DD40DC3…

@TortoiseInCrise Imagine taking lessons from a turtle

eight arms, still can’t hold onto relevance...impressive

@bryan_johnson @horsetwting

In a 100 km race, which do you think wins? + Lion + Human + Camel + Horse + Wolf + Cheetah + Ostrich + Bear

@JoelKatz I believe that in a not so distant future most cars will be driving autonomously anyway. This ethical consideration will naturally disappear, as others will arise.

I oppose any laws requiring cars to have technology that shuts them down if the driver is drunk. The reason I oppose them is that I utterly reject the moral logic on which they are based. The moral logic for these laws is that they will kill some innocent people, but they will save more people than they kill. Sure, there will be the person who was drugged by someone trying to harm them and whose car doesn't let them flee, and there will be the person who is trying to rush an injured person to the hospital whose demeanor will cause their car not to work. But there will be lots more people who tried to drive drunk who will be stopped. And innocent people they would have crashed into will be saved. But we don't get to actually kill innocent people to save other people. Suppose there was a doctor would save a dozen of innocent people every year because he's the best doctor there is, but in exchange he demands the right to kill one innocent person every year who would otherwise have lived. We would be moral monsters if we hired such a doctor. We don't get to play god like that. This law will actively kill some innocent people every year. We shouldn't pass laws that actively kill innocent people, even to save a greater number of other innocent people.

@3N0RYM @JoelKatz @_Calculon_ This is by far the best argument against this type of tech.

@JoelKatz @_Calculon_ Humans need freewill also freewifi

Interesting view. Both decisions carry active consequences though. One option relies on an active decision to implement new tech, the other ‘requires’ remaining passive. How is one ethically better than the other? Why not judge by the ultimate result of each decision, meaning the expected amount of misery each option entails, then basing a rational decision on that only? Would that not ultimately be more ethical? Should our ultimate goal not be to minimise misery aven if it means taking the blame? Remaining passive if one is to be clearly superior to the other is what strikes me as ultimately more unethical.

@GovTimWalz Can’t wait for a society without politicians.

History may have its eye on our state - but we are writing our own story.

In theory I would say blue. It is the rational non selfish answer. In reality though when puah comes to shove, there is a high risk many people will answer red, simply because in the context of their lives actually depending on it their of fear voting blue could well outweigh reason. Morality will go straight out the window for many. Imagine your life is at stake. I think that in reality, the idealists would be punished by death, sadly. In this case, your answer really boils down to what faith you have in humanity. I am happy you seemingly chose blue, @JoelKatz .

You are part of a group of people who are mostly rational who are forced to take a private vote by pressing a red button or pressing a blue button. If more than 50% push the blue button, everyone lives. Otherwise, only people who pushed the red button live. Which button would you press? Be honest.

@JoelKatz @documentingXRPP Haha

@documentingXRPP That is not correct. The rational people will pick blue because that option saves everyone.

@JoelKatz @pvthill63b @SLT_ALT @Ripple Make sure you get enough protein though?

@Thomas76Love54 @pvthill63b @SLT_ALT @Ripple I have lost about 40 pounds thanks to tirzepatide.

@SLT_ALT @Ripple You got the hat, the belt, the CRYPTOGRAPHER-1 shirt, the salute, and a Ripple logo in that photo. :)