Hekrypto
3.2K posts

Hekrypto
@hekky77
Lawyer & Crypto Geek loving an NFT or 219 🤓 MAYC #13124, and loads of random shit #ClothCats founder 🐈⬛
Cardiff Katılım Ağustos 2014
5K Takip Edilen4.2K Takipçiler
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A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses.
I’ll explain for the economically illiterate.
Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add:
- 12.07% holiday
- Sick pay
- Maternity pay if and when required
- National insurance
- Pension contributions
These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up.
Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t.
Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics.
Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs.
There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay.
So alas, I don’t need the stress, the business would close, a number of jobs would be lost.
Economics is about understanding these dynamics, no vibes.
The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.
Harry Eccles@Heccles94
The Greens will raise the minimum wage to £15 for all workers 💪
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TRUTH BOMB ALERT
I can’t tell you how to get rich, that’s a mix of luck, timing, and hard work, but I can tell you how rich people STAY rich:
- They buy assets and do nothing
If you want to test a politician's integrity, ask them to explain inflation, whether they should be eliminating it and how they will do it.
The chart below shows the problem:
- Yellow line = CPI (the government’s BS version of the cost of living)
- Other lines = real assets: Gold, House Prices, the S&P 500, Bitcoin
Here are the growth factors from 1995 → 2024:
- CPI: 2.02×
- Wages: 2.27×
- House prices: 5.27×
- Gold: 6.17×
- S&P 500: 10.33×
Bitcoin launched in 2009 so I am holding off on that, but it is another tool which protects against inflation.
Now for wage growth - 2.27×, barely above inflation.
So what is the conclusion - assets crush both wages and inflation. The do nothing strategy, it is magic!
If you don’t own assets, you’re treading water. But it gets worse, if CPI actually included the real cost of participating in society (housing, energy, childcare, transport) you wouldn’t even be treading water, you’d be sinking.
You know how everything feels more expensive - yeah that is this. Can't get on the housing ladder - yeah that is this. Rich guy bought another Porsche - yeah that is this.
That gap, the gap between CPI and asset prices, is where wealth inequality is created. It is a transfer of money from the poor and middle-class to the rich.
Asset holders get rich off morons in government, you know the virtuous free stuff politics. Non-asset holders get poorer.
These are the numbers. This is the system. Facts don't care about you feelings.
And any politician who can’t explain it, or won’t fix it, is a fraud.
Anyone who says "tax the rich" and think this is done with the tax code is a moron.

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Offered @ZackPolanski a £5k donation to the charity of his choice for an interview.
I have provided the 10 most important questions in advance.
Peter McCormack 🏴☠️🇬🇧🇮🇪@PeterMcCormack
@ZackPolanski Hi Zack, I’d like to interview you for my podcast. I have had people from Labour, Conservatives, Reform and Lib Dem’s. I have not had anyone from the Green Party. I’ll make a £5k donation to any charity of your choice for the interview. I’ve also provided the questions below:
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How to import $HYBUX to your MetaMask:
1) Open the MetaMask Browser extension
2) Go to Base network and click "import tokens"
3) Copy/paste the $HYBUX CA as custom token:
0xC0497fb3Fc4FD0a17900CF69fc72A03799915301
4) Klick "Next" and confirm to add the token
5) Your balance of the new HYTOPIA coin now shows up :)
Share this post if you found it helpful!




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My @HYTOPIA prediction for the remainder of the year:
In 3 days, the $HYBUX token will launch on Base, alongside a massive community airdrop - TGE likely happening via the Aerodrome DEX.
Shortly after, the HYTOPIA NFT collections (Worlds, Avatars, GrayBoys) will be stakeable to earn tokens from the initial staking pools.
A burn-to-claim mechanism will also go live for the Node collection, which remains on Ethereum.
Player numbers will continue to surge - especially in Asia.
The Android app gonna surpass a least one if not multiple millions of downloads and build a strong, consistent player base.
More creators will join the ecosystem and ship fun games as demand is sky-high and they can finally monetize:
This is because later this year, the HYTOPIA marketplace will launch, allowing creators to sell in-game items for $USDC.
Every $USDC spent will automatically convert into $HYBUX, with 85% going to the creator and 15% to the NFT revenue share pools.
This will create buy pressure for this token, and folks will realize that this flywheel has massive potential.
Some will call it the breakout moment for crypto gaming.
Speculation may drive the $HYBUX market cap beyond $100M market cap by year-end.
How do you think the remainder of the year will turn out on HYTOPIA?
Follow me for daily updates on everything HYTOPIA and $HYBUX 🤝

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Big unlock for our users in the UK - earn interest daily on your GBP savings (3.75% AER).
Eligible deposits up to £85k are FSCS protected, like any other UK bank account. Powered by partnership w/ @clear_bank.
Instant access, and it’s simple to swap into crypto when you want.
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Only 450 left to gift away to MAYC holders! Out of 1,000 @LilMutants
Every MAYC gets 4! Hit me up
Once these are gone it’s go time 🙌🏼

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