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pay the dividends and hope that before his cash reserves run out there is a sustained recovery in Bitcoin
What some people are missing is that BTC price is not independent of what Strategy is doing.
BTC can't go up forever when one company owns more and more of it while getting deeper into debt.
I don't watch movies often, I prefer docus / non-fiction.
I was an extra in this one! In August of 2024, as a police officer. Might just watch it for that reason.
If the government bought those shares, it would be stock float taken off the market.
But they're confiscating them.
And how would it benefit the normal shareholders if their vote stops counting, because the government has 50% voting power and ensures the company serves the government's agenda rather than what the market wants?
Yes, Ray says it will be thanks to AI and nanobots, not downloading our consciousness into a machine.
If you live until 2030, you may live forever.
https://www.thebeiruter.com/article/humans-could-achieve-immortality-by-2030/428
In the UK, lending is already problematic, because when you deposit your corn with a lending platform where you lose custody (and most platforms are custodial), it counts as disposal.
In high school, my required reading included ~100 titles. My classmates read most of them. I didn't even read one. I used summaries and analyses, which you could buy, or (later on) find on the web. For exams, I'd print cheat sheets in small font and I never got caught. And I graduated with the best grades.
So I guess I was ahead of my time.
Remember what our boomer teachers said to us at school 'you won't always have a calculator in your pocket' 🤣🤣
That didn't age well. The only time I don't have a calculator on me is when I'm in the shower or swimming naked in the ocean. Not because my smartphone is not waterproof (it is), but because I'm not a kangaroo 🤣
So you'd rather get 0.03% dividends and pay 20% capital gains tax?
The lack of interest on stablecoins is not a big deterrent either. People in horrible countries are happy to keep USDT.
What moving target? 1 share is always 1 share.
It's not the blockchain company's job, but the token issuer's. Just like with stablecoins. No difference. But instead of backing the token with USD, it will be backed by shares.
The regulations are for the issuer, not the user. Stablecoins are not subject to user KYC either.
The tokens will be pegged. The issuer will have to guarantee the peg, just like with stablecoins, and presumably they will have to show proof of backing, report regularly and be subject to audits.
Names are not the most important thing. There are probably dozens of tokens called USDT, but only one of them is backed by Tether, the others are scam tokens, and you tell them apart by looking at the token address.
Trump launched a coined that wasn't backed by anything. Tokens launched under the new regime will be backed and if they're not, they'll be non-compliant and exposed as such.
If BlackRock launches a token that represents NVDA stock, I'm sure there will be demand for it. And people will trust the token just like they trust their ETFs - because of the issuer's reputation, and the regulations and trust in the US financial system and rule of law.
Most stocks worth buying don't pay dividends.
The tokens would have to be redeemable for shares of course, at least by market makers, to maintain the peg.
It seems like a positive development. It will give people in oppressive countries access to the US stock market, allow no-KYC stock ownership (hopefully), 24/7 trading, and make it possible to buy stocks with and sell them for BTC without going through the banking system.
I actually use multiple browsers, but I open SN in Brave.
I use Chrome a lot too, that's where I'm logged into my Google Account and use Gmail, GDrive etc.
It's kind of like having an Android phone and a GrapheneOS one, for different use cases.
I also use Firefox mobile for its ad-blocking and the button that converts the page to plain text, without any pop-ups about cookies and other nonsense, which also bypasses some paywalls.
If I were to use code, I'd do it like this:
result = 2520;for (i = 11; i <= 20; i++) { if (result % i != 0) result *= i / gcd(result, i);}
where gcd is the greatest common divisor.
After this, result contains the number.
For an arbitrary range from 1..n, the complexity is O(n log n), if gcd uses the standard Euclidean algorithm.
I never understood the appeal of STRC.
People were excited that it was safer than government bonds, while returning a much higher yield.
I don't know how one can think it's safe. Seems about as safe as UST in the Terra-Luna ecosystem. But the yield on that one was 20%.
Maybe Saylor will boost the yield to match that. It's going to be fun to watch.