Claridgicus

That's how startups work my man - pour years of late nights and hard work for 0 pay (for the past 4 years, literally 0) to build something that will last, employ others in the community and generally benefit the parties involved with it. It's a risk 9/10 Fail in the first year It takes all of my (already heavily taxed) capital to build it And in my case brings high tech jobs to Australia I have no problem with the capital gains tax, I have no problem paying tax in general - but this budget is a disaster for the fledgling startup community in Australia.

@claridgicus @bnthompson You seemed to be concerned about paying a lot of CGT. If your asset is a potential gem without much apparent value now, then transferring it now while it looks to have little value might be a good idea. If it looks valuable now, then the transfer will attract significant CGT.

Why found a startup in Australia when Singapore and NZ have zero % CGT?

@edenstanwarr @bnthompson Very valid point! But how does one calculate fair market value for a business that nets basically no profit - due to it paying salaries to it's staff and tax to the government! The rules are so broken man I ain't defending it but this is how the gas companies are fucking us.

@claridgicus @bnthompson When transactions are between related parties, capital gains tax is levied on the basis of market value, not the amount paid.

@AussieSamizdat @bnthompson Places I have a citizenship One of the places has gold in the hills The other place has gold coming out of them!

@claridgicus @bnthompson Where are you moving to?

@edenstanwarr @bnthompson For a person this would be a problem. In a business context one could theoretically dispose of their IP for a dollar to another company in a different jurisdiction and keep the entity currently operating in place.

@claridgicus @bnthompson Changing tax residence is a CGT realisation event. You have to pay CGT as if you sold the asset.

@trashh_dev Brother how have you managed that hahaha - hotspot your phone

@claridgicus no internet on it

i regret fkn with linux. give me my time back.

@thdxr @StefanTMD I'd reserve that feedback for the 69,420 announcement

@StefanTMD oh grow up

opencode GO now has 69,000 subscribers very nice

How is it that the people with the absolute most brainrot takes on politics get all of the views?

@realargonon @friendlyjordies Brother if you think there is certainty in starting a start up - plz go build one

@claridgicus @friendlyjordies Gambling is taxed at zero because its not an investment. There is no certainty.

This is huge

@danyay @SebastianSzturo Like follow subscribe?

@SebastianSzturo @claridgicus Damn this is some good content thank you

lol, "most popular." Yeah I'm sure most software guys are choosing to light 1% of their revenue on fire, stripe.

I'm lucky I have 3 citizenships and both my other choices have 0% capital gains and lower employment, and I work in tech so I can work from anywhere. I will eventually be exercising my rights to move. Just a shame they could have excised a couple billion from all the fraud and not done this.

@claridgicus @AlboMP NZ is looking good with 0% CGT! Timezones are better with US too! Gov't there isn't wonderful, but it's way better than these clowns.

More tax cuts for working Australians are on the way in Labor's Budget.

@SamNewby_ @SamNewby_ you can my guy compile to web assembly

I love Workers but sometimes I really miss Laravel what if we could have Laravel in Workers?

Just forget everything you've learned about how to prompt. I had a 9 stage workflow with many review gates which had been working really well for the past like year essentially. I was a 100x dev with this workflow and then productivity with the latest models just went to 0 - I spent 2 weeks trying to do one feature set and I was unhappy with its results every time. Saw Dax's post, and just sorta went back to the way I used to code which was Rough out the services Rough out the key goal Make it make types for what it was doing Tracer bullet a workflow without a bunch of detail just get the calls going Then cleaning pass Cleaning pass Cleaning pass It took like 10 minutes to get to a foundationally working MCP for my massive application with auth and then like 20-30 mins for each domain in the app (as it wasn't designed for this and has some wild websocket shenanigans) So yeah - operator error is the learned behavior. It is a step away from a software factory methodolgy but I'm cool with that, at a certain point I don't need to be a feature factory - I need to be an insanely hand polished product to stand out in 2026.

@claridgicus @thdxr how did you put it into practice?

I tested @thdxr 's assertion that treating AI coding like a diffusion model vs waterfall style approach is the peak zone of productivity. After running this theory for a day - my productivity is so back baby.

I'm never building a project again without prefixed id's The mental load of seeing just a random UUID and not knowing what entity it is - is just so incredibly unnecassary in 2026 usr_<id>, org_<id> is the way

@trashh_dev Trad code for the day just for fun. The biz will survive you being non productive for a day if it will make you happy.

another week at the prompt factory