Moby Pie

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Moby Pie

Moby Pie

@mojomoby

Options trader. Emoji builder. $MSTR, $BTC, $TSLA Building @joypixels

Mojoverse Katılım Ocak 2014
4.4K Takip Edilen20.9K Takipçiler
JoyPixels ®
JoyPixels ®@joypixels·
Choose your player. Pick your assets wisely.
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Simply Bitcoin
Simply Bitcoin@SimplyBitcoin·
“Bitcoin is complicated” The Dollar:
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Moby Pie
Moby Pie@mojomoby·
I was 60% satisfied with v13. It’s near perfection with v14. What’s fixed, that I care most: 1. Smarter lane changing 2. Maintain faster speeds 3. Accelerate like I would Not yet fixed: 1. Stop signs!!! Can’t handle how slow this is and other cars feel it. As of now, I can’t drive without FSD. Changing profiles is so much easier than messing with max speed that honestly and constantly pressing the gas.
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Nic Cruz Patane
Nic Cruz Patane@niccruzpatane·
One thing I noticed during my road trip down to Texas, and watching all the new Teslas drive around here is that hardly anyone is using FSD. I’ve seen a few, it’s pretty easy to spot the tendencies of FSD, but the majority are not using it. In my opinion, it’s crazy to have a Tesla and not use FSD at this point— it’s way too good.
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JoyPixels ®
JoyPixels ®@joypixels·
The New Era of JoyPixels Has Arrived! ✨ We’ve redesigned everything to be faster, smarter, and built for today’s creators, brands, and teams. • New emoji discovery interface • Clear, simplified pricing tiers • Smarter team management tools 👇 And so much more
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Moby Pie
Moby Pie@mojomoby·
@DennisCW_ 1. Zero chance of FSD 2. Price is fine, they’ll fly off the shelves 3. Buy used for $30k and under
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Dennis Porter
Dennis Porter@Dennis_Porter_·
MASSIVE BREAKING: EXTREMELY PRO-BITCOIN CANDIDATE OFFICIALLY DECLARES CANDIDACY FOR GOVERNOR OF CALIFORNIA - DECLARES SUPPORT FOR A STRATEGIC BITCOIN RESERVE @IanCalderon
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Copperstone 🎶
Copperstone 🎶@copperstoneband·
HUGE shoutout to @mojomoby & team for gifting community members a chance at a number of blue chip NFTs (including a @pudgypenguins !) Was able to grab this Fly Firefly @veefriends using my $CHARM! Sad to see an end to Mojo ID but look forward to the next evolution… @garyvee
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Moby Pie
Moby Pie@mojomoby·
@punk9059 I enjoy your posts, but THIS is the one that prompted me to reply. No need to add anything, the comments cover it!! 🤯
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Stats
Stats@punk9059·
My pacing is getting a bit excessive.
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Clinton Donnelly
Clinton Donnelly@CryptoTaxFixer·
A capital gains tax is an extremely unfair tax to investors, let me explain why. It’s basically a tax on inflation. Think about it: when you receive income from a job, that money is in current dollars. When you get rental income or royalties, it’s in current dollars. But with capital gains, you’re comparing the price you sell something for today with the price you bought it for years ago. Those are not the same dollars. There’s been inflation in between. And the fact that something sells for a higher price now doesn’t necessarily mean it’s worth more, it often just means the dollar has been devalued. It takes more dollars to buy the same thing. Now, how much inflation has there actually been? The government might say it’s 4%. But do you believe that? Many argue it’s closer to 10%. John Williams at ShadowStats even suggests it’s consistently higher than what the government reports. Let’s take an example. You buy a rental property for $300,000. Five years later, you sell it for $500,000. The house hasn’t really gained value — it’s older, has more wear and tear — but you’re now being taxed on a $200,000 “gain.” At a 20% capital gains tax rate, that’s $40,000 in tax. But you didn’t make $200,000 in real profit — that’s just inflation. The government is taxing what they inflated. Inflation is a form of stealing. And now they're taxing you on what they already stole. Let’s look at crypto. Say you bought Bitcoin at $10,000, and now it's worth $1,000,000. Still the same Bitcoin — its quality hasn’t changed. But everything else around it has declined in value because the dollar has lost so much purchasing power through money printing. So why should you be taxed on a $990,000 gain? The government wants 20%, nearly $200,000, of that. But what did they do to earn it? You took the risk, held through the emotional turmoil, and now they get a cut? And it’s not even just 20% — when you add the Net Investment Income Tax (NIIT), you’re up to around 24%. That’s nearly a quarter of your gain. It’s not fair. This is a tax on inflation, created by government policy. What’s the solution? One proposal is to index capital gains to inflation. That means the longer you’ve held an asset, the more you adjust its sale value based on inflation before calculating tax. But that depends on whether you trust the IRS to determine a fair inflation rate. Another approach, already adopted by several countries in Europe and Asia — is much simpler: Zero tax on long-term capital gains. If you hold an asset for more than a year, no tax. Period. The whole reason we have different tax rates for short- and long-term gains is to discourage constant trading (or “churning”), which doesn’t contribute to real economic growth. Long-term investment, on the other hand, brings stability, liquidity, and sustained value. Eliminating long-term capital gains tax would have a low impact on the economy, but a big positive effect on investment in the U.S. So what do you think? Should the government act now, especially with tax reform discussions tied to the Clarity Law? Maybe this is the time for Donald Trump to step up and say: "Capital gains tax is unfair because it taxes inflation. It’s time to remove long-term capital gains from the tax code." If you agree, please share this message. There’s power in numbers, and getting this in front of the right people starts with you. $btc $eth $ada $sol $xrp $link $doge
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Moby Pie
Moby Pie@mojomoby·
@BitMasterK Your'e living that Saylor playbook! Debt is a tool for leveraging growth. Yolo, with care.
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BitMaster ⚡️
BitMaster ⚡️@BitMasterK·
My Debt is insane lol… $657k $HOOD Margin $217k BTC-backed loan on $COIN $169k Heloc $28k life insurance loan -$1.07M in $BTC & $MSTR debt 🚀 $210k mortgage $10k car -$1.29M in total debt 🫣
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Moby Pie
Moby Pie@mojomoby·
@Zeneca 100%! Options trading was the master unlock for me. Allows you to profitably hedge (selling options against your positions) and get paid extra for doing it.
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Zeneca🔮
Zeneca🔮@Zeneca·
One of the biggest unlocks for me in my trading and investing journey was realizing how different the skill set and temperament required is for making lots of money quickly vs holding onto money Most people are good at one or the other, but rarely both
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Moby Pie
Moby Pie@mojomoby·
@CryptoTaxFixer Enjoy your content Clinton!! Not enjoying the content of this Bill. The entire pain of crypto taxes is the exhausted reporting requirements. I’d rather pay more and track less. Now we’re adding wash sale tracking as well? @SenLummis please veto your own bill! 🙏🏼
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Clinton Donnelly
Clinton Donnelly@CryptoTaxFixer·
Senator Cynthia Lummis has introduced The Digital Asset Tax Bill recently and I have been reading very closely between the lines. One provision that’s getting a lot of attention is the de minimis rule. On the surface, it sounds great: no capital gains tax on crypto transactions where the gain is under $300, and up to $5,000 in total gains per year. Sounds like a win, right? Not so fast. Even if you're exempt from paying tax on those small transactions, you still have to track and record every single one of them. You’ll still need to prove the cost basis for each trade and show that the gains stayed within the thresholds. So the administrative burden, the real pain point, doesn’t go away. Let’s be honest: saving $45 in taxes on a $300 gain isn’t exactly life-changing. And the IRS isn't coming after you for $45. They’re focused on large-scale tax evasion, not someone who forgot to report a few coffee-level transactions. So while the de minimis rule sounds attractive, it doesn’t meaningfully reduce your record-keeping headaches. The bill, overall, stitches together various loose ends in crypto tax law and attempts to clarify them. But aside from mining and the wash sale rule, I don't see it as a major overhaul. Now, let’s talk about that wash sale rule. I think it’s horrific. It goes against the very spirit of how crypto markets function. The wash sale rule, currently found in Section 1091 of the tax code, was designed for traditional securities markets. But applying it to crypto, where short-term and high-frequency trading is the norm, makes no sense. In my opinion, the wash sale rule shouldn’t apply to anything, not crypto, not stocks, not bonds. It's a relic. It punishes uninformed investors while savvy traders simply structure their trades to avoid it entirely—using strategies like the mark-to-market accounting method under Section 475. There’s no real economic justification for keeping the rule in place. If anything, eliminating it would encourage more efficient trading and liquidity. If you're concerned about the future of crypto taxation, tell your representatives: kill the wash sale rule, and while we're at it, maybe it’s time to end it for stocks too. #CryptoWeek $btc $eth $sol $xrp $ada $xlm $cro $doge
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