etc
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@InmanRoshi @profplum99 Because if the parents aren't even interested in talking about inheritance you can't plan for how much to draw down from tax advantaged accounts or how to save for kid's college etc
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@profplum99 Millennials have gotten like ~20% CAGR for over a decade, Buffett like returns, for hitting QQQ and "Buy". Why don't they raid their own retirement, especially if they know inheretence is coming anyway?
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Seeing more and more of this -- basically Millenials begging their Boomer parents to give them moar. Whether it's right or wrong, "Why are you reading this now?"
Adam Harding@hardingwealth
Just wrapped a client meeting. Female. 73 and healthy. 2 adult kids (age 42 and 47). 13 year old grandson. Plenty of money for her comfortable retirement. The conversation was mostly focused on estate planning and encouraging her to feel okay giving money to her adult kids. Here's what I said to her: "Think about life 20 years from now. You're 93... Your kids are in their 60s and your grandson is 33. Then they'll inherit your money. However, at that time everyone is fairly settled into who they are and what they'll become. Now compare that with a gift today. Your kids are at a place in their lives where a financial gift can have a trajectory-altering impact. Consider the ripple effects of removing a bit of financial stress from the parents of a 13 year old. I'll help ensure your needs are met for the rest of your life, but if you see an opportunity to help the people who matter to you, seize it."
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@nic_carter Like let's say JPM issued a consumer-facing stablecoin. Is there any reason to pay rents to a decentralized blockchain (like Ethereum etc.) rather than some kind of JPMChain (or maybe an EVM-compatible bank consortium-chain)?
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stablecoins are changing everything relating to offshore finance. access to yield, dollar banking, remittances, payroll, cross border settlement, both b2b and consumer. it's all being rebuilt on stables, expeditiously.
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@cburniske Pattern on what time frame? It looks like it busted through 20k at the end of 2020 in like 2 weeks.
Actually you know what who cares I'm bullish 🫡
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When we look back in a few yrs, we’ll remark at the ~similarity between #Bitcoin’s test, consolidation, and breach into price discovery of former cycle ATHs of $20K & $69K - poetic 🤌
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@sailaunderscore I did a humanities PhD in the 2010s and they tell you quietly within the first couple years if you're white you can't brand yourself as doing black/indigenous studies stuff. Beats me why that guy ignored the whisper network
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“It’s not happening, but if it were that would be a good thing.”
David Sessions@davidsess
It’s anecdotal, for sure, but I personally was told multiple times by insiders in job searches things like “they’ll never hire a white man,” “we can’t give it to a white man in this climate,” “a white man who studies European history is dead on arrival,” etc.
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i'm all about hanging out at stores, believe me, i love hanging out at stores, but nothing made pre-teen me ditch magic cards quicker than the blacked out windows and terrible vibes inside Neutral Ground Card Shop in Mountain View, California
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@crypto1nfern0 You are delusional. There's a million of these bots all over Twitter and you're attributing their random chat gpt crypto phraseology to a multi billion dollar company running the worst most low impact pr campaign conceivable
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@slick_actant I didn't say anything about "propping up" but why would Tether pay for these bots unless they were worried? It fits with their refusal to be audited and it suggests Tether may be a lot more fragile than their apologists so confidently proclaim.
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If Tether is 100% on the up and up, super liquid, and rolling in free cash flow...why the sockpuppets and bots?
It's a detail no Tether apoligist can possibly explain.
Think about it - try to name one example of a legit entity doing this sort of thing.
Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺@Bitfinexed
Tether has spent more money spamming Twitter than performing compliance and auditing their so-called reserves.
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@crypto1nfern0 Your motive is that low engagement random bot tweets are propping up liquidity pools trading tether? How does that make any sense
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@slick_actant If you can't think of a motive what leads you to conclude it is "probably" pig butchers?
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@SilvermanJacob I mean it's kyc aml compliance for new accounts if the crypto critic people wanna celebrate this go for it. But not exactly an own goal
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One of the uncanny things about ULYSSES is the ten or so bits of pop cultural tidbits (“Elijah is coming,” etc) that enter Bloom’s mind and then circulate during 6/16/1904 until they become characterized, epic, or mock epic.
And then they start to circulate in the Reader’s.
Aaron Gwyn@AmericanGwyn
What is home without Plumtree's potted meat? Incomplete. With it an abode of bliss.
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etc retweetledi
What is home without Plumtree's potted meat?
Incomplete.
With it an abode of bliss.
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@profplum99 Trying to get a pulse outside of btc enthusiasts...this seems weird right? It seems weird to me
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The enemy of my enemy is my friend… but I seem to be building a collection of dumb-ass friends… probably says more about me than them...
Tony Spencer@notsleepy
@SplitCapital Wow. It is worse than I thought. I called and the answer I received was "Currently we aren't allowing those to be purchased as it doesn't fit with Vanguard's investment philosophy." Me: "Ok but you let me buy GBTC in the past." Him: "Yes I believe you can only sell that now."
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@DzambhalaHODL Thank God I moved stuff over to fidelity when vanguard stopped letting me buy gbtc when I tried in March this year 👌
John bogle was an amazing visionary but yeeeeeesh lemme use my money
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Why this matters: Volume, especially buy volume (you can still sell GBTC), is being restricted
It's temporary though, there places can block as long as they want plenty of other places WILL you let buy, people just need time to move assets
Steven Lubka ☀️@DzambhalaHODL
Vanguard, Citi, Merrill, Edward Jones, UBS are all being reported to not allow clients to trade the ETF
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@BackTheBunny @DennisKelleher @SECGov No way man normal markets simply can't be manipulated secretservice.gov/investigation/…
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@DennisKelleher @SECGov this BTC move would happen to any stock if earnings were fraudulently released or any commodity if the biggest producer of it said "we're reducing capacity". all markets react to information.
insum: you're an unserious person and I wish you luck on your unserious life journey.
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