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Unpopular opinion for the fiscally conservative AAM probably - but I would look to use conservative fixed term debt to achieve higher cash on cash returns across a number of properties while ultimately reducing the potential volatility of your cash flows....this will enhance your underlying...

Hats off to you @tecate it getting back to ATH is very surprising...you must feel good about 1.1.2030 right now!....but as I've said before our bet is a moment in time 1.1.2030 & the price then relative to the 2021 ATH.....with the Tether fraud still printing imaginary USDT's sitting in the...

The only narrative test that matters - is the price of BTC as we agreed in the past.....and before i disappear again to return at another 'big' moment....I humbly remind you that my narrative remains the clear and overwhelming winner versus yours. BTC remains c.two years after our first...

Again a fundamental flaw in your logic..which is I think based on your singular focus & zealot like myoptia on bitcoin as the 'one true coin'...BTC's commodification and capital good classification and approval inside an ETF has created the playbook.........the playbook for clones, copies and...

The usually and common sense approach of course is for people, as your advisor pointed out, who find themselves with foreign currency as a result of holiday or a trip to the North. This is understandable - the currency payment dream which is based on the idea that somehow payments funded in btc...

Sound of goal posts moving Regardless - me @letitroll is suggesting and in fact has proved because it so elementarily obvious that a challenger alternative payment system to visa/mastercard/cash is one that generates a litany of capital gains/losses and pushes onto its user end of year tax...

It puts the final nail in the coffin - as I’ve said already - if the laser eye folks aspired for it to be a currency the industry should have rejected on the face of it it’s placement inside an equity/commodity ETF structure traded on STOCK exchanges. Where capital goods are traded. BTC purists...

By my estimation from a cursory look - 90% of BTC is now transacting in a completely US censored, surveilled and controlled wall garden- this being the sum total of BTC volume on Binance, Coinbase, Kraken, Gemini. I'd need to check but the fiat digital & cash economy has about the same split -...

Yep triggered is the right word - the absurdity of looking for a proclamation by someone in authority that BTC or a derivative off BTC - being sold in XYZ convoluted structure (an L2 for example) might somehow negate a gain on sale transaction. That this would be a grey area in anybodys mind is...

Amnesia used to be possible in this space - but the regulators & tax authorities have brought all the exchanges to heel - you can try to forget a gain on sale on interactive brokers or Coinbase ….but the IRS doesn’t forget…cause they’ve forced IBKR & Coinbase to send them their own 1099...

Yes I agree on your cap gains point….the ETF approval It’s the final nail in the coffin on the currency nonsense….only underlying capital goods trade on regulated US equity exchanges in the structure approved….the community lobbied and applied to get BTC ETF….grayscale moved it out of a trust...

oh so let me get this straight the plan with lightning - is that it would be untraceable, unauditibale & anonymous - and that it would obscure transactions? One basic and simple point so we can put that this L2 payments nonsense to bed - how is the untraceable, unauditable & anonymous BTC...

No it confirms BTC as a capital good......which is game over for the payments dream...cause every microtransaction into and out of BTC attracts capital gains and losses. Your euros in fact are the government issued currency and unit of account that decides if/when a capital good has triggered a...

@tecate BTC has been classified as a commodity by the CFTC and now the SEC has allowed it to trade on-exchange inside an ETF which tracks the underlying spot commodity. The IRS classification and treatment follows automatically. The EU has also deemed BTC to be a commodity and the EU's has had...

Closed off by regulators….in this way….your welcome to pay for your tayto with an L2 solution if somebody will accept it….or send somebody satoshis vs revoluting euros. But you never tackled the core problem I gave you to solve for me…..these transactions done as payments on BTC or a L2...

Yeah the problem for btc….which the btc etf approval hastens for an asset with no intrinsic value above and beyond its promise that it can be sold for higher in the future once the catalyst ‘roadmap’ has played out…..is when all the major tent pole promised positive catalysts are gone (and to be...

Think my post about the very likely bifurcation of BTC into onshore US blessed and offshore BTC... has gone wollop due moderation infraction - for which I apologies - @Brendan Burgess @admin curious if it could be pulled back minus the offending sentence or two? Curious what sentence was the...

The one with everyboyds names, addresses, copies of government issued ID's, social security numbers and PPS numbers + all the transaction records of everything those same people have done on the platform........then also of course the physical location where Coinbase is gonna cold storage all...

@jigsaw have a bet on with @tecate already that BTC will be below $69k on 1,1.2030 and that's enough involvement in the cryptoverse for me

Its aging quite beautifully I think BTC you should check.......is still......down what? 37% in nominal terms and 47% in real terms (10% cumulative USD domestic price inflation over the period 2022-2023) from it's $69k all time high V poor, v poor indeed