spacestr

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ScottyB
Member since: 2024-12-28
ScottyB
ScottyB 8h

Keep it up. Crushing it

ScottyB
ScottyB 2d

One problem with property taxes is that it assumes the monetary value of a property exists objectively and can be measured by formula and adjacency at any given time. When in reality the monetary value of a property is and can only ever be determined at the exact point of exchange between two parties. It takes form when measured, and can only be measured when exchanged. All other valuations are extortion.

ScottyB
ScottyB 5d

Is it just my observation or has the mode functional IQ of the general population become untenable for civilized society? Gork is this true?

ScottyB
ScottyB 7d

Sometimes less is more

ScottyB
ScottyB 7d

Your direct deposit & bill pay strike feature combo is top notch. My appreciations.

ScottyB
ScottyB 7d

If you have kids and receive a child tax credit, start using that to buy Bitcoin. By the time they’re 18 they’ll have a stack to start their life with. No investment vehicle strings attached.

ScottyB
ScottyB 7d

In the prewar 1800’s there was an incessant desire for paper currency due to limitations in the divisibility and portability of gold and silver. What the people were looking for was an instrument of exchange to escape from the limitations of barter. Especially on the frontier. What the people got was shitcoins and fraud. Bitcoin is not digital gold.

ScottyB
ScottyB 9d

They’re holding taxable events over your head to prevent you from leaving their shitty slave currencies. Short and long term cap gains aren’t 100%. Pay the exit fee. Volatility is high enough that with the right tax lot tracking you’ll post enough nominal losses it doesn’t matter anyway. Get paid in bitcoin. Save in bitcoin. Spend on credit and pay off every month. This is under-evangelized

ScottyB
ScottyB 9d

Not enough people are taking advantage of the tools we have today to get on $0. Where’d all the “burn the boats” guys go?

ScottyB
ScottyB 16d

Everything I have read about money from the early republic era points to a landscape that I believe we will be entering into again soon. Many banks all issuing notes for circulation, people trading those notes at x/discount to face value due to some limiting factor, and all being promises for redemption in specie. The vast majority were never redeemed for one reason or another. Either the banks didn’t have the specie or they wouldn’t redeem because of some arbitrary rule they made up. When the Visas, Mastercards, JP Morgan’s, Chase’s, BOA, etc etc are all issuing tokenized securities and stablecoins remember there is only one specie that matters, the divisibility problem has been solved, it’s already digital, it’s Bitcoin. Satoshi solved this problem before it existed in the digital landscape. The analog has already played out.

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