Steven Fors

243 posts

Steven Fors banner
Steven Fors

Steven Fors

@StevenFors1

RI

Katılım Ocak 2023
285 Takip Edilen90 Takipçiler
Steven Fors
Steven Fors@StevenFors1·
Andrew Begin@agbegin

⚓️ @SenJackReed Rhode Islander here. I urge you not to offer or support amendments that weaken BRCA’s protections for non-custodial developers, node operators, miners, validators, and wallet providers. Weakening BRCA would stifle innovation, reduce freedom, and hurt everyday Americans. Thank you for supporting CLARITY. Please keep developer protections intact.

QAM
0
1
1
129
Checkmate
Checkmate@Checkmatee27·
The Lakers without LeBron are something else. Seriously, this needs a whole TED Talk 😭
English
147
214
4.9K
821.9K
Steven Fors
Steven Fors@StevenFors1·
@AdamBLiv @grok are there any holes in this plan? Such as rate changing the interest payments?
English
1
0
4
376
Adam Livingston
Adam Livingston@AdamBLiv·
🔥EARLY RETIREMENT LIFE HACK: HOW TO BUY $1 MILLION WITH $100,000🔥 Alright, listen closely, because this is the part of the simulation where your uncle calls you a “degenerate gambler” while he proudly contributes 6% to a 401(k) invested in 14 different flavors of S&P 500 index fund, then wonders why eggs cost $11. Step 1: Borrow $100,000 USDC on Morpho around 2.87%. That’s about $2,870 a year in interest, which is basically one dental emergency, or half a Target run if you have free will issues. Step 2: Take that $100,000 and buy STRK at $78.34. That gets you roughly 1,276.49 shares of STRK. You are now the proud owner of a security that exists because finance people looked at the human soul and said, “How can we wrap this into a coupon?” Step 3: STRK yields about 10.21% effective. On $100,000, that’s roughly $10,210 per year in cash distributions. So you’re paying $2,870 to borrow the money and collecting $10,210 for holding the thing you bought with it. That spread is your carry. Your carry is your emotional support animal. Your carry is the tiny accountant living in your walls going, “Technically this is positive.” Net carry: 10.21% − 2.87% = 7.34%. That’s about $7,340 a year in “free cashflow” before taxes, rate changes, the universe, and your personal talent for suffering. Now the part that melts brains. Step 4: Refinance the carry into MSTR. Meaning, you take that $7,340 a year and you buy MSTR with it over and over. Like a little robot that converts interest spreads into pure chaos. Meanwhile, the STRK itself has a conversion feature: 1 STRK → 0.1 shares of MSTR. So after 10 years, if you convert: 1,276.49 STRK → 127.65 shares of MSTR. If Saylor is correct and we see a Bitcoin CAGR of 30% over the next ten years, MSTR's amplification will mean a ~37.5% CAGR for 10 years. That implies MSTR goes from $129 today to about $3,116 in 10 years. Yes, it sounds insane. That’s why it’s on-brand. So your conversion pile alone becomes: 127.65 shares × $3,116 ≈ $397,771. Cool, right. Cute. Respectable. A nice little “I stopped drinking soda” kind of gain. But the carry reinvestment is where the demon lives. If you recycle that net carry into MSTR every year, under that same growth assumption, you end up with roughly: ~220.6 additional MSTR shares accumulated from the carry buys. Total MSTR shares at the end: 127.65 (conversion) + 220.6 (carry DCA) ≈ 348.3 shares. Value in year 10: 348.3 × $3,116 ≈ $1,085,000. Congrats, your spreadsheet just produced a seven figure outcome using a hundred grand of borrowed stablecoins and a security named like a Star Wars droid. Now pay the piper. You still owe the principal: If you repay just the $100,000 at the end, your rough net is $985,000. If you let interest accrue at 2.87% the whole time, debt becomes about: $132,705, leaving you around $952,000 net. So yeah, that is the “buy a million with a hundred grand” story arc. YOU'RE WELCOME.
Adam Livingston tweet media
English
80
115
1.2K
82.8K
Steven Fors retweetledi
Simply Bitcoin
Simply Bitcoin@SimplyBitcoin·
GIVEAWAY 🚨 One Bitkey left. When this hits 420 likes, it’s gone. • Follow @Bitkey + @SimplyBitcoin • Repost • Smash the like button Winner revealed on SB Live.
English
82
250
349
23.4K
Steven Fors
Steven Fors@StevenFors1·
@MAKS_Diogenes Yeah oldest tweet was last October but account is from 2013. Either deleted or bought the account.
English
0
0
2
42
Ben Justman🍷
Ben Justman🍷@BenJustman·
If Bitcoiners are Cyber Hornets, what should I call this wine?
Ben Justman🍷 tweet media
English
30
0
35
2.5K
Ben Justman🍷
Ben Justman🍷@BenJustman·
Shout out to @River for sending my GF a price notification today. Great stuff.
Ben Justman🍷 tweet media
English
10
17
412
14.8K
Steven Fors
Steven Fors@StevenFors1·
@FFMikeKash I tip if I win a survivor or pickem pool, I do not tip my fantasy commissioner
English
0
0
0
307
Ben Justman🍷
Ben Justman🍷@BenJustman·
What's the best way to get around the youtube requirement for a phone number to create a new account? Mine "has been used too many times"
English
6
0
5
1.1K
Steven Fors
Steven Fors@StevenFors1·
Unwrapping my wife’s grandmothers Christmas ornaments. #Bitcoin
Steven Fors tweet media
English
0
0
2
41
Barchart
Barchart@Barchart·
BREAKING 🚨: Bitcoin $BTC Timberrrrrrrrrrrrrrrr 📉📉
Barchart tweet media
English
97
147
1.4K
92.9K
Steven Fors
Steven Fors@StevenFors1·
Paid for with BTC, the guy isn’t converting his coin either letting it stack. W
Steven Fors tweet media
English
0
0
1
21
Steven Fors
Steven Fors@StevenFors1·
Grok Imagine prompt: You being my picture to life?
English
0
0
0
59
₿itcoin Rachy ⚡️
₿itcoin Rachy ⚡️@BitcoinRachy·
Im at a restaurant, and the owners of this place must be shitcoin maxis Need to find a place with a bitcoin drink rather than a solana drink 🤮
₿itcoin Rachy ⚡️ tweet media
English
9
1
6
1.3K
Steven Fors
Steven Fors@StevenFors1·
Grok Imagine prompt: Have the turkey attack the guy
English
0
0
1
42
Steven Fors
Steven Fors@StevenFors1·
📸 Credit - My mom Westport, MA
Steven Fors tweet mediaSteven Fors tweet mediaSteven Fors tweet mediaSteven Fors tweet media
English
1
0
0
20
Steven Fors
Steven Fors@StevenFors1·
@SimplyBitcoin We require id for on ramps too in the US, they can’t enforce anything after that
English
0
0
1
485
Simply Bitcoin
Simply Bitcoin@SimplyBitcoin·
VERY CONERNING: 🇪🇺 The EU just banned cash payments over €10,000 and will require ID for every Bitcoin transaction starting 2027. They're criminalizing privacy.
Simply Bitcoin tweet mediaSimply Bitcoin tweet media
English
728
1.3K
7.4K
952.7K