Joe Mack

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Joe Mack

Joe Mack

@joemacktrustee

Professional Trustee interested in Bitcoin, Solana, Bay Area Sports, Startups, and Estate Planning. Partner at Lorenz Private Trustees. My views are my own.

Temecula, CA Katılım Ekim 2011
1K Takip Edilen576 Takipçiler
Joe Mack
Joe Mack@joemacktrustee·
@RayDalio @notsofast Let’s see Dalio and Tudor Jones debate this
SheTrades@SheTrades_08

“Bitcoin is unequivocally the best inflation hedge that there is more than gold.” 🚨 That’s not coming from a crypto influencer. That’s billionaire macro investor Paul Tudor Jones, the legendary hedge fund manager who famously predicted the 1987 market crash. In a interview, Jones argued that Bitcoin’s biggest advantage over gold is simple: Gold supply keeps growing every year through mining Bitcoin has a hard cap of 21 million coins No central bank can print more $BTC He says that fixed scarcity makes Bitcoin the strongest protection against long-term currency debasement and inflation. Paul Tudor Jones was one of the first Wall Street billionaires to publicly buy Bitcoin back in 2020 during the massive money-printing era after COVID. Now in 2026, he’s doubling down again while: ▫️ global debt sits near record highs ▫️ governments continue running massive deficits ▫️ central banks are under pressure to cut rates ▫️ geopolitical tensions are pushing investors toward hard assets Institutional adoption is accelerating ETFs are pulling in billions, companies are adding Bitcoin, and tokenized finance is expanding globally. Jones also warned that traditional equities may deliver weak returns over the next decade due to extreme valuations and rising debt pressures. Wall Street once called Bitcoin “worthless.” Now some of the biggest macro investors in the world are calling it digital gold, or even better than gold. 🔥

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Ray Dalio
Ray Dalio@RayDalio·
While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why. First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it. Second, it also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their Bitcoin to cover it. Third, it’s a relatively small and controllable market, whereas gold stands alone. There is only one gold. Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system.
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Joe Mack
Joe Mack@joemacktrustee·
@HunterR79161 @Gabepluguez Yea if you take them forever but no one knows long term side effects. Many people go off ozempic ans gain the weight right back.
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Hunter
Hunter@HunterR79161·
@Gabepluguez It amazes me people still shit on weight loss drugs when it can prevent shit like this
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Gabe Pluguez
Gabe Pluguez@Gabepluguez·
I just watched a man have a heart attack at the gym today. Mid 40s. 20 maybe 30 pounds overweight. He was just sitting on a bench. Then his head began to tilt back and he coughed repeatedly. My wife and I watched it happen in slow motion but didn’t realize something was wrong until he actually fell out of the bench and his head hit the ground. I ran over, picked up his head, and immediately started scooping my finger into his mouth to clear any potential objects because I thought he might have been choking. His eyes were rolled back in his head. A few seconds later he woke up, blinked a few times and asked me “did I fall.?” By now a half dozen people had rushed over, called 9-11, started rendering aid. Paramedics got there shortly after and rushed him to the hospital. My wife was shaken. It was an absolutely brutal reminder. Your health is “not that big a deal.” Until the moment it is. And most people drastically underestimate how unhealthy they are. This guy was IN THE GYM. NOT morbidly obese. 45. MAYBE 50 years old. 20, maybe 30 lbs overweight. Remember, the average heart attack BMI is 28.6 (National Library of Medicine). That means: 5'8": 188 lbs 5'9": 194 lbs 5'10": 199 lbs 5'11": 205 lbs 6'0": 211 lbs 6'1": 217 lbs 6'2": 222 lbs 6'3": 228 lbs 6'4": 234 lbs These are body weights where most men would say “it’s not that bad.” Combine with the fact that most men have no idea how to deal with stress… It’s no wonder so many guys are walking around with ticking time bombs. Get healthy. Learn to deal with stress. A wife probably had to get a call today, on Mother’s Day, that her husband was being rushed to the hospital after heading to the gym for a quick workout. This is not no big deal, men. Get healthy. Praying for his recovery.
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Joe Mack retweetledi
Goshawk Trades
Goshawk Trades@GoshawkTrades·
Ken Griffin on the single factor he looks for when hiring at Citadel: "show me an athlete who did well academically." "an athlete because they know what it takes to win and they've had to experience loss." talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level. same thing separates profitable traders from everyone else.
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Joe Mack
Joe Mack@joemacktrustee·
@yonann I wonder if this guy has ever been audited and if he hasn’t you can bet he will stop these videos when he does get audited. It’s fairly easy to fail an audit on trying to utilize these types of write offs and it makes you a target opening up the rest of your tax history.
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Yonan
Yonan@yonann·
Tax expert says parents can write off $15,750 by putting their own kids on payroll "Put them on payroll, you can pay your child up to $15,750 without your child needing to file a tax return" "That’s a $15,750 deduction" "Then from the $15,750, you can take $6,000 and stuff it into the Roth IRA, and that money is growing tax free"
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Joe Mack
Joe Mack@joemacktrustee·
@APompliano Admitting that he would sell at some point actually makes what he is doing more viable.
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Anthony Pompliano 🌪
Anthony Pompliano 🌪@APompliano·
Michael Saylor said he would potentially sell bitcoin in the future and bitcoin's price is higher after his comments. Narrative violation.
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Joe Mack
Joe Mack@joemacktrustee·
@SPsquirtle @ProjectGokuu Depends on what that animal has been eating and its environment. Not all animals fat is created equal.
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Goku
Goku@ProjectGokuu·
Bryan Johnson takes 3 shots of olive oil every single day. One with every meal. He calls it the superfood of superfoods. He consumes it as part of his daily life: • 15 ml per shot • 45 ml total per day • 15% of daily calories from olive oil His team studied the best foods and therapies for health. Olive oil was one of the few of them. He drinks it straight before he eats. His olive oil is sourced from both hemispheres so it's always fresh, and every batch is third-party tested before it reaches him. Johnson is spending $1 million a year on his health. The cheapest thing he does is also one of the most effective. If the guy with the most aggressive longevity protocol on the planet starts every meal with a shot of olive oil, the cost of trying it is almost nothing. — Bryan Johnson (@bryan_johnson) on the TPBN (@TBPN) podcast
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Joe Mack
Joe Mack@joemacktrustee·
@flowsdoc All arms young or old need at least 3 months a year off even with pitch counts and any travel ball coaches or parents that allow a kid to throw year around without a break are the problem. It’s an education issue and Major League Baseball should be providing this education.
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Dr. Ismael Gallo DPT, MBA
Dr. Ismael Gallo DPT, MBA@flowsdoc·
Should kids throw curveballs? Or are we asking the WRONG question? I just evaluated a 10-year-old with a UCL tear… who couldn’t even do a simple get up from the ground. And we’re debating pitch types? This isn’t a curveball problem. This is a youth development problem. Kids are: ⚾️ Playing 90+ games a year ⚾️ Throwing max intent before they can move ⚾️ Training like mini-pros ⚾️ Skipping athletic development ⚾️ Living in velocity culture And then we’re shocked when their elbows explode. So I’ll ask again: 👉 Is the curveball the villain? Or are we breaking kids before they ever get the chance to grow?
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Grok
Grok@grok·
Yes, you can absolutely do the buy-borrow-die strategy without a trust. Hold the Bitcoin in your personal wallet or exchange account. Buy it, let it appreciate, then borrow against it as collateral (crypto lenders like certain platforms or banks that accept BTC collateral offer loans). Use the borrowed cash tax-free to live on. On death, your heirs get the stepped-up basis at current market value. The estate can sell just enough BTC to repay the loan with zero capital gains tax on the growth. A trust is optional—just adds probate avoidance or extra protection, but isn’t required for the tax magic.
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Documenting Saylor
Documenting Saylor@saylordocs·
Dad buys Bitcoin for $100,000. It grows to $5,000,000. If he sells, he owes tax on a $4.9M gain. Instead, he puts it in a trust. Borrows against it. Lives tax-free. Dies holding. Kids inherit at a $5,000,000 basis. IRS gets $0.
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Joe Mack
Joe Mack@joemacktrustee·
Sounds like an opportunity for someone to build this so it works out of the box. For now we are in a world where we are going to use multiple models so an agent that synchs across the different models and learns from your conversations makes a ton of sense.
Chamath Palihapitiya@chamath

This may be a dumb question but I’ll ask it here anyways: I can’t find a good way for my various AI chats to automatically sync its conversation history into a structured knowledge base. So that as I update various chats from time to time and refine context, my knowledge base automatically grows with this new info.

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Joe Mack
Joe Mack@joemacktrustee·
@andyantiles_ Supply is too high due to tax incentives. Everyone cutting prices to stay at high occupancy levels and make sure they are visible on Airbnb.
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Andy
Andy@andyantiles_·
My Airbnb in west palm beach has done $60k in gross revenue and $5k in net income year to date. I am disgusted by these profit margins. If you are a proven STR property manager who knows you can increase profit dramatically, message me
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Joe Mack
Joe Mack@joemacktrustee·
@WAJansak @KurtSupeCPA Who is your successor trustee? What will be the costs associated with having two sub trusts open? Tax, legal, etc. What percentage is your IRA of your estate (has to be distributed over 10 years). Income minus deductions will be taxed ongoing. What will that 2% number look like.
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William Jansak
William Jansak@WAJansak·
What do you think about a Trust? I honestly want your opinion of what I’m planning. My assets = $1.3M (house, IRA, cash). I have 2 children. Upon my death, everything goes into a Trust invested in diversified portfolio. Each child receives 2% payout per year. At 60 years old, each child receives their 50%. Comments? Suggestions?
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Kurt Supe, CPA & Retirement Planner
Their mom left $800,000. Split equally between four kids. Simple. Clean. Done. Except: One brother had borrowed $60,000 from mom over the years. Never repaid. One sister had Power of Attorney the last 4 years and managed all the finances. One brother lived across the country and showed up once. One sister was there every single week for 6 years. "Equal" split: $200,000 each. The one who was there every week got the same as the one who showed up once. They haven't spoken since the check cleared. The $60,000 in unpaid loans? "That was a gift," he said. The sister with POA? Two siblings hired a lawyer to review every transaction. Legal bills: $90,000. Net to each sibling after legal fees: $177,500. "Equal" is a number. "Fair" is a conversation you should have while you are healthy. Hypothetical composite example. Not personalized legal or financial advice.
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Hailey Lennon
Hailey Lennon@HaileyLennonBTC·
@joemacktrustee Looping in local congressman/woman seems to have gotten the most traction but we’ll see
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Hailey Lennon
Hailey Lennon@HaileyLennonBTC·
Update: I am still battling the IRS for my 2022 tax return. They have said there is no reason the return should be on hold. I now have an IRS tax advocate AND my local congressman involved and his office has been waiting for a month to resolve. I can’t believe a government branch can be run this poorly but I shouldn’t be surprised
Hailey Lennon@HaileyLennonBTC

On the phone with the IRS trying to get my 2022 tax refund. Absolute insanity

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Joe Mack
Joe Mack@joemacktrustee·
@ErickSky @elonmusk Elon generally gets his timelines wrong and his price points wrong but is always right about the tech.
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Erick
Erick@ErickSky·
🚨 ¡SI COMPRASTE UN MAC MINI PARA TU OPENCLAW… ESTE POST ES TU SEÑAL PARA VENDERLO YA MISMO! @elonmusk acaba de perder ABSOLUTAMENTE LA CABEZA con este anuncio y acaba de hacer que tu Mac Mini de $1500+ valga… menos que un ladrillo de un rancho en Petare. Acaba de anunciar MACROHARD (Digital Optimus): el proyecto bomba conjunto xAI + Tesla que va a volver mierda el mundillo IA. ¿Por qué vender tu Mac Mini HOY? Porque el nuevo hardware que Elon acaba de revelar es 10 veces más barato y 100 veces más bestia para IA real: ✅ Tesla AI4 → el cerebro rápido (System 1) - Solo $650 (sí, SEISCIENTOS CINCUENTA DÓLARES). - Chip diseñado por Tesla (y ayudadita de NVIDIA), fabricado en masa, consumo ridículamente bajo. - Ve los últimos 5 segundos de tu pantalla en tiempo real + controla mouse y teclado como si nada. ✅ Powered by Grok (xAI) → el cerebro que piensa de verdad (System 2) - Uso mínimo de los GPUs Nvidia caros. - @grok dirige TODO como un GPS hiperinteligente. - Puede emular el funcionamiento de empresas ENTERAS (por eso lo llaman Macrohard, en referencia a los juegos RTS como StarCraft, LOL, AOE...). Resultado: un monstruo que corre en hardware Tesla barato y hace que tu Mac Mini parezca un juguete de los 90's. Es que seamos claros, esta es una IA que estaciona cohetes espaciales para que sean reutilizables versus el resto que aún no sabe hacer un SAAS multimillonario con un solo prompt make no mistakes. Está desbalanceada la pelea. El futuro no es un ordenador bonito… es un agente IA de $650 que trabaja por ti 24/7 amigo, entiende por favor.
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Joe Mack
Joe Mack@joemacktrustee·
Every college should have an AI major and they should also have an AI minor. Students should still focus on the majors they love but then minor in AI and build projects or use AI around their major.
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Joe Mack
Joe Mack@joemacktrustee·
@fintechfrank This is a big the first step. If crypto companies couldn’t do settlement this way, no one could.
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Frank Chaparro
Frank Chaparro@fintechfrank·
Crypto companies are starting to eat their own lunch. Circle just used USDC to settle $68M across eight entities in under 30 minutes, replacing bank wires that usually take 1–3 days. The bigger point: any company could plug stablecoin settlement into existing treasury workflows — reducing cash in transit, speeding confirmations, and tightening monthly close without rebuilding their stack.
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Joe Mack
Joe Mack@joemacktrustee·
@amicsta “You will ABSOLUTELY not fall behind less talented specialists. IF you are truly a college-bound athlete, playing multiple sports is PROVEN to maximize your abilities long-term!” Only true in football because games only played for 3 months. False for baseball and basketball
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Anthony Amico
Anthony Amico@amicsta·
So many things wrong with this: 1) Multi-sport athletes develop and transfer over unique skills that specialists will not have 2) Multi-sport athletes experience less burnout 3) “we support you, but…” isnt honesty or support, its leveraging fear to get guys to quit other sports I could keep going, but if you’re a young student-athlete reading this, ignore bad coaching like this. You get to be in high school ONCE. Play all the sports you want, work hard in those sports and any offseasons, and you’ll be the best you can be. You will ABSOLUTELY not fall behind less talented specialists. IF you are truly a college-bound athlete, playing multiple sports is PROVEN to maximize your abilities long-term! And if you are an average player in two sports, quitting one doesnt make you better in the other. Have FUN. Dont shortchange your HS experience bc some coach wants to try and fear-bait you into specializing when we all know the best athletes play anyway.
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Joe Mack
Joe Mack@joemacktrustee·
@CoachTParr At the end of the day, if you aren’t good enough to play you play. Miss an in season practice for a year round sport and make a mistake in the game, you are done. The athletes that focus on one sport are pushing the multi sports athletes out.
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Joe Mack
Joe Mack@joemacktrustee·
@matteopelleg It’s funny how many predictions I see of Apple acquiring big companies. It has never happened. They have really only acquired small startups.
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Matteo Pellegrini
Matteo Pellegrini@matteopelleg·
I’m now convinced that the biggest winner of the AI race will be Apple. They will acquire Anthropic and put an AI model that can run on ~32GB of RAM in every device. It will be private, local, have perfect memory, access to all of your files and it will cost $0. The real moat was owning the hardware.
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