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40 sats \ 0 replies \ @Jer 8h \ parent \ on: Toronto Blue Jays finally do something Stacker_Sports
The Jays fan in me did a backflip, based on how this offseason has gone.
The baseball fan in me says we’ve gone from 78 wins to 80 wins. There is more to do, plain and simple.
I miss Tom Cheek and Jerry Howarth so much. I miss baseball on AM radio. I still think about them at least once a week. It’s honestly crazy.
Yeah I think the Bitcoin loan thing will be fiat loans against Bitcoin.
The one area that has not been explored yet to the best of my knowledge is Fiat loans for the express purpose of buying Bitcoin. Amortized over a long term like a mortgage. A 2-3 multisig is PERFECT for this. The borrower defaults on the payment and the lender and the third key holder just take the payment out in sats. You don't have to sell a house or tie up the courts.
Many people would borrow $100K USD right now to get in at a whole coin, if they can pay back a 5% loan over 10 years or whatever.
This example doesn't really work though. The car is the collateral. No Bitcoin or additional collateral is generally required for a car loan.
If Alice stops making the fiat payments, the lender sues Alice, repos the car, sells the car, and pursues Alice for the difference in costs between the sale price of the car and the total amoratized loan, plus court costs.
I think the Bitcoin loan game is going to focus on larger purchases like real estate and things like reverse Bitcoin mortgages so Bitcoiners can retire with cash flow.
I was tired of trying to be a TradFi VC for my family.
I'm a simple pleb. I should not have to spend hours every month researching companies, rolling the dice and gambling our family's capital to (hopefully) preserve our purchasing power and plan for the future.
Bitcoin has not only provided us with a better money to save in, but it continues to give me more time to focus on things I enjoy.
Sonos is our daily driver at home. We have better reference speakers for deep, non-Bluetooth listening but Sonos products are second to none IME in terms of consumer grade sound/streaming.
The app was a non-starter for me.
We're gonna need more than Maine for Québec. I'm thinking all of New England. Plus future considerations because we'll be stuck with Conneticut if we take all New England.
It'll basically be New Brunwick once Pollievre uses "economic force" to annex all the border states haha
I need to preface this reply by stating upfront that I am not a gearhead. Like, at all. I did some work on cars I owned when I was young and broke because I had to, but I didn't care for it. I'm not a purist about anything and certainly not a "car guy".
They work for my use case and I am unabashedly bullish on Teslas. I don't care for the dork who owns the company but their cars are fantastic, IME. After driving one: every other car seems dumb dumb in comparison.
High Purchase Price: Electric vehicles often have a higher initial cost compared to their gasoline counterparts, which can deter mass adoption until prices decrease or incentives make them more accessible.
They are not inexpensive. I would not purchase one as a grocery-getter. My work requires a tonne of driving. 80,000+ km per year. I went from about $3,000 CAD per month in fuel and maintenance in my last ICE vehicle to about $500 in electricity, with scant maintenance in my M3LR. I rotate the tires and put washer fluid in it. C'est ça.
The insurance is less than my previous ICE car was.
Charging Time: The time required to charge an EV, especially compared to the quick refueling of gasoline cars, is seen as a significant drawback for long trips or for those without home charging options.
I can't speak to the other charging options for other brands but the Tesla charging infrastructure is great here in Southern Ontario. It takes about 15-20 minutes to charge at a 250 kW machine and depending on the charging station location, costs about $16.00 - $18.00 to charge. I use the time to return emails, zap posts etc. I charge at home for $0.08/kWh.
Battery Life and Replacement: The lifespan of batteries and the high cost of replacement are often cited as potential barriers. There's uncertainty about how long batteries will last under real-world conditions and the cost implications of eventual replacements.
I have about 190,000 km on mine and according to the third-party "Tessie" app: my battery has degraded 8% from new.
Range Anxiety: Despite improvements, there remains a concern about the range of electric cars, especially in adverse conditions like cold weather, which can significantly reduce battery efficiency.
With the aforementioned 8% battery degredation and keeping it at or under 110km/h: I get about 450km on a "nice day" and about 300km on a Canadian winter day.
My son bought a new Kia Niro about 5 months ago and has been very pleased with it. Aside from backing it out of the driveway: I have no other experience with it.
Thanks for taking the time to post this, @cleaningup12. You bring up some great points.
The “good people” signal is high here.
Folks are respectful, which is refreshing in the Bitcoin space. Even on Nostr, a lot of folks forget the “Stay Humble” part of “Stay Humble, Stack Sats”.