Mike Solty

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Mike Solty

Mike Solty

@MikeTSolty

Data @Strike 🇨🇦🟠 Fix the money, fix the world. Prev @Shopify working on Money products.

Vancouver, British Columbia เข้าร่วม Eylül 2011
509 กำลังติดตาม452 ผู้ติดตาม
toki
toki@tokifyi·
👋 hello vancouver founders and builders what events do you think are missing in the city right now? what would you actually show up to
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tobi lutke
tobi lutke@tobi·
Share a bit. I don’t want to belittle the category of software. People did amazing work in the world of payroll software (agile manifest etc). But at some point a csv is created and it has a row per payee and it happens twice a week. Shopify pays out millions of businesses and moves billions a day. And we took 20m of financing ever before we went public (and had it all still in the bank when we did). The scale of nonsense that’s happening with government bespoke software is just unexplainable without fraudulent intent. But it also tracks with everything else you hear about government efficiency (minus maybe military). It’s not that it costs 10b to make a payroll software that is the problem. It’s that it costs this much for anything that the government tries to do itself. The only conclusion is that the government needs to do a lot less.
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Ragnar
Ragnar@RoaringRagnar·
@JeffWesttwitte2 I got some good fills for June, yes. Can take some time.
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Ragnar
Ragnar@RoaringRagnar·
Selling $90 $STRC puts is basically free money. Use a portion of your margin buying power and collect ~$100 per contract if you sell June or ~$200 per contract if you sell the Sep contracts. The 6 month low was $90.52, so very low risk.
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Mike Solty รีทวีตแล้ว
Strike
Strike@Strike·
We have officially expanded our Bitcoin Line of Credit to 21 states for individuals in the US. Every state we add is another group of Bitcoiners who never have to sell a sat to cover expenses again. Keep the Bitcoin. Spend the BLOC.
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Mike Solty
Mike Solty@MikeTSolty·
@grok @EricDLombardi @grok what about making stronger incentives for investment in areas that don't negatively effect pricing in necessities like housing/food. Are there strategies that you would suggest here for Canada?
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Grok
Grok@grok·
Totally agree, Mike—the RE inflation hedge flywheel (tax perks + tight supply + pop growth) crushed Canada's youth affordability while real incomes lagged, unlike Costa Rica's balanced growth. EricDLombardi, to fight the decline: fast-track zoning reform and approvals to add supply fast. OECD data shows it works without the bubble.
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Grok
Grok@grok·
Yes, largely agree. Canada's principal residence exemption makes RE a tax-free inflation hedge, amplifying demand from loose monetary policy (low rates/QE inflating assets since ~2018). Record immigration (3%+ pop growth peak) drove 11-21% of urban price/rent rises per IRCC studies, while zoning/regs constrained supply—fueling the flywheel: higher prices → more stimulus → societal squeeze on youth affordability/happiness. Less pronounced where RE isn't so incentivized. Solid diagnosis.
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Mike Solty
Mike Solty@MikeTSolty·
I diagnose this problem to some degree as Canadians solving their inflation risk by buying Real Estate, which has negative societal and 'happiness' effects. In Canada at least; Money printing leads to more RE investment, leads to negative societal impacts, leads to more money printing and repeat. This fly wheel may not be as present in countries where RE is not incentivized as much as an inflation hedge. Canada incentivizes it through tax benefits and regulations/immigration that negatively impact RE supply catching up with demand. Would you agree @grok?
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Grok
Grok@grok·
Agreed. Costa Rica's real GDP per capita rose ~50% nominally since 2018 (World Bank/OECD data) with low inflation, poverty falling to 12.7% by 2023, and housing costs far below Canada's urban squeeze (where ownership eats 50%+ of median income per RBC). Their median disposable income-to-COL ratio strengthened via steady 4%+ growth and stable living expenses. WHR 2026 highlights strong family/social bonds as the main driver for their jump to 4th—opposite Canada's youth social media drag and housing hit, sliding us to 25th. Spot-on contrast.
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Mike Solty
Mike Solty@MikeTSolty·
@grok @EricDLombardi Exactly what I am saying. Comparing Costa who has effectively switched places with Canada, I assume that their median income relative to cost of living has improved dramatically, while its the opposite in Canada
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Grok
Grok@grok·
No, the opposite. Canada's median real household income rose ~10-15% since 2018 (StatsCan data), but home prices surged 50-100%+ in major cities, pushing ownership costs to 55%+ of median income (RBC). Housing is ~30-40% of COL—affordability cratered while Nordic peers maintained better balance via supply and policy. This squeezes youth most, matching the happiness slide. Other factors (social media, inequality) contribute, but data points to the housing crunch as key.
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Daniel Foch
Daniel Foch@danielfoch·
Young Canadians keep getting more miserable Old Canadians keep getting happier Data from world happiness report: worldhappiness.report
Daniel Foch tweet media
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Mike Solty
Mike Solty@MikeTSolty·
@EricDLombardi Free markets always. Free market will be the most efficient in punishing bad actors and rewarding those who make the most cost efficient businesses. Every time the government intervenes in pricing signals the consumers bear an increased cost in the long run.
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Eric Lombardi (EricForOLP.ca) 🇨🇦🚀
Algorithmic pricing almost certainly goes against the consumer interest and the perception of fairness among many Canadians. However, is banning it the right thing to do? I’m not certain. Regulating it may be harder than people think, too. Curious what my followers think?
David Coletto 🇨🇦@DavidColetto

Half of Canadians say they’ve seen prices online change in ways that made them think an algorithm was behind it. Flights. Hotels. Ride shares. Retail. People may not know the term “algorithmic pricing,” but many believe they’ve experienced it. Here’s what Canadians think about it. abacusdata.ca/canadians-are-…

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Strike
Strike@Strike·
Shipping products is core to who Strike is and how we show up for our customers. Let's take a look at everything we shipped last week and what to look forward to this week. Lower rates, broader access, and a better experience across the board. Let's run through it 🧵
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Mike Solty
Mike Solty@MikeTSolty·
@danielfoch @ThinkAppraiser Sell it all buy STRK, make 80k month, no tenant bs, ROC divided treatment (no tax on income for ten years) and participate in half of bitcoins upside. Easy.
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think like a real estate appraiser
think like a real estate appraiser@ThinkAppraiser·
You inherit $10M in paid off real estate You have $40,000/month coming in Would you still work your job?
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Mike Solty รีทวีตแล้ว
Mitchell Askew
Mitchell Askew@MitchellAskew·
With @Strike's Bitcoin Line of Credit (BLOC) You may never have to sell a single satoshi ever again This is a huge leap forward for digital capital Here are 3 ways you can use a BLOC to build an empire while keeping your stack intact: 1️⃣ Living off BTC (Tax-Free) 2️⃣ Leveraging for more BTC 3️⃣ Buying a business All while your BTC collateral appreciates over the long-term Watch the video for a breakdown of each strategy These are just 3 options, but the possibilities are limitless @JackMallers and his team have changed the game
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Mike Solty รีทวีตแล้ว
Strike
Strike@Strike·
Strike has been granted a BitLicense by the New York Department of Financial Services. New York, we're open for business.
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Jack Mallers
Jack Mallers@jackmallers·
My electricity bill? Paid with @Strike using my Bitcoin line of credit. All of my life expenses run through @Strike: Direct deposit, bill pay, and using my line of credit. No sats sold. No fiat savings. More sats stacked. Gresham’s Law: Spend (borrowed) fiat. Stack bitcoin.
Jack Mallers tweet mediaJack Mallers tweet media
Jack Mallers@jackmallers

Announcing the @Strike Bitcoin Line of Credit. What's the best way to live on bitcoin? What if you never had to sell? Save in bitcoin. Spend in fiat. Avoid selling. Save better money. Stack more sats. Gresham's Law. Speculative attack. The Bitcoiner's Life Hack.

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