Lee Hendricks

5.5K posts

Lee Hendricks

Lee Hendricks

@lhendricks92

Freedom-for-all Maximalist #Bitcoin

Austin, TX Katılım Mart 2009
926 Takip Edilen661 Takipçiler
Lee Hendricks
Lee Hendricks@lhendricks92·
@ShamsCharania Good. This young man gonna stuff SGA in a locker and take his lunch money.
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Shams Charania
Shams Charania@ShamsCharania·
Breaking: Oklahoma City Thunder's Shai Gilgeous-Alexander has won his second consecutive NBA Most Valuable Player award, becoming the 14th player in league history to win back-to-back MVPs, multiple sources tell ESPN.
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Lauren
Lauren@cabsav456·
The Thomas Massie primary is truly insane. We are looking at the most expensive U.S. House primary in history, with spending pushing toward $35 million. Massie's opponent, Ed Gallrein, has raised just $2 million on his own. The rest of the money, over $14 million, is coming from outside Super PACs who desperately want Massie gone. On top of that, Pete Hegseth is being deployed to Kentucky to campaign against him. Stephen Miller & Con Inc. have been on massive Twitter tirades attacking him. And there was a highly coordinated smear campaign of unfounded allegations launched this week by Con Inc. influencers. When the establishment is willing to spend $35M+ and go to these lengths to take one man down, it really makes you wonder why. Whether you like Massie or not, this election will determine whether or not we as voters actually have a voice anymore. If outside special-interest money can successfully buy a seat and sway an election like this, we have a serious, serious problem.
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Lee Hendricks
Lee Hendricks@lhendricks92·
@Mikehomeseller I loved dodgeball. I was a smaller kid, but I had a helluva an arm and caught everything. I was a dodgeball MENACE.
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MileHighDrive 🐎
MileHighDrive 🐎@MileHighDrive·
Spurs vs Thunder rooting map
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Lee Hendricks
Lee Hendricks@lhendricks92·
@wavytalkhoops Duncan is a sure bet, but only one of these dudes is from another planet. 👽
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Wavy
Wavy@wavytalkhoops·
LeBron and MJ are not available, which player in NBA history are you building your franchise around?
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Lee Hendricks
Lee Hendricks@lhendricks92·
@Mikehomeseller Alice in Chains The Cars Massive Attack Thievery Corporation Depeche Mode Fleetwood Mac The Who
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Michael Kelly
Michael Kelly@Mikehomeseller·
What are your favorite bands with more than one singer? Ex: Fleetwood Mac - Stevie, Christine , Lindsey #mikesquestions
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Pontifex
Pontifex@bacchusplateau·
@20th_Centurygal Most people rightly love their huge hits, but lesser known tracks are the real gems on their early albums - Dreamtime Resurrection Joe Hollow Man Nirvana King Contrary Man
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Amy
Amy@20th_Centurygal·
Happy Birthday to Ian Astbury of The Cult. The sound, the swagger, the mystique...The Cult had it all...Favorite song? 🔥
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bob truck
bob truck@TruckBon·
yall got $15 who knows ball👀
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Amy
Amy@20th_Centurygal·
If you could see any band or artist, past or present, live today… who would you choose?
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Vinny’s Corner
Vinny’s Corner@VinnysCorner1·
Name a former first baseman that only true fans of your favorite MLB team will remember.
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Lee Hendricks
Lee Hendricks@lhendricks92·
@VinnysCorner1 Avery Johnson Satin Smooth Sean Elliot Bruce Bowen Matt Bonner Robert Horry Dennis Rodman Danny Green
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Vinny’s Corner
Vinny’s Corner@VinnysCorner1·
Without saying Victor Wembanyama, David Robinson, Tim Duncan, Manu Ginobili, and Tony Parker, name a Spur…
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Ragnar
Ragnar@RoaringRagnar·
I finally watched the COFFEEZILLA vs. JEFF WALTON debate. First of all, what an incredible performance by @PunterJeff. 👏🏻 Second, you find the full transcript of the debate below, if you want to reference certain parts of it. Here are my key takeaways: Coffeezilla's main objection was about language, not legality. He argued that "digital credit" misleads retail because preferred equity has no principal repayment, yet the product is constantly compared to bonds, money market funds, and bank accounts. His position throughout was that if risks are properly disclosed it's fine, but the marketing is where the trouble starts. In my opinion these are mainly semantics, and @coffeebreak_YT focused way too much on it. All risks are properly disclosed in the SEC filings. Nothing is hidden. Coffeezilla doesn't believe that Bitcoin will grow by 30% annually over the next 5-10 years, or 13% for 20-30 years. That's fine of course. Everyone can disagree. But it's just an opinion, and not really revelant for this discussion. Coffeezilla is worried that the flywheel might reverse one day if Bitcoin was in a prolonged bear market or stopped growing >13% per year. Again, this risk is real, and everyone who is purchasing $SATA or $STRC has to underwrite this risk. Coffeezilla's closing argument was counterintuitive. His expectation is that digital credit will succeed wildly. But he's worried that more issuance means a growing overhang of perpetual obligations all dependent on continued high CAGR Bitcoin appreciation, which he doesn't believe in. So to summarize: - Coffee doesn't believe in a Bitcoin CAGR >13% - Coffee believes that digital credit will be wildly successful (!) - Coffee believes that the flywheel will reverse one day and the whole thing will unwind - Coffee doesn't understand the insurance business, or more broadly, companies that have a balance sheet and underwrite risk (like Bitcoin Treasury or structured finance companies) Let's put these points into perspective: 1. At 13% yield, you get your full principle back after 7.69 years, and at 11.5% yield, you get your full principle back after 8.70 years. So that's the duration you are effectively underwriting. 2. Both Strive and Strategy have 1.5 years of dividend coverage in USD. Which means that your effective duration at risk is shortened by this time. 3. You can buy SATA/STRC for $100 (or below) and set a stop loss at $95 or $90. Which would mean that you'd be break-even after 5 or 10 months, and can't lose money after that. 4. Or, you can buy a $90 long put to hedge your exposure, so that your max loss is $10 if you buy at $100. I love Coffeezilla, but here he clearly doesn't know what he is talking about. Here's how I see it: The more people talk about these products, the faster they will grow. So thank you, Coffeezilla, for helping to promote Digital Credit. 🙌🏼 @saylor @phongle @ColeMacro @Werkman @Trollstein @IIICapital
Ragnar@RoaringRagnar

x.com/i/article/2053…

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Royce Morgan
Royce Morgan@PTSportsFix·
What was the first ever sport you played?
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Sir Veillance
Sir Veillance@SVeillance·
@PTSportsFix Smear the queer. That was the name of it! Probably gonna be shadow banned now. 😳
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Vinny’s Corner
Vinny’s Corner@VinnysCorner1·
It’s 4th and goal at the one yard line. 0:01 left on the clock in the fourth quarter of the Super Bowl and you're down by 5. Which running back (current or past) do you give the ball to?
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