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I think it's going to take the commercial production of lithium air batteries before the weight comes down enough and energy density rises enough to compete outright in some of these commercial applications. If the rest of the motors and drivetrain are already proven though, the transition could be fairly rapid once we see a lightweight, energy dense battery hit the market.
This reminds me of Jesse Myers's Once in a Species essay, which argues that a random mutation that lets humans appreciate novelty/rarity actually enabled trade and cooperation between groups of humans a hundred thousand years ago. In fact, preferring cooperation to zero-sum violence between tribes is possibly the single most important attribute that gave us an edge over neanderthals - we could live far more densely which allowed specialization in trades.
In that context, the feudalism age was more of a temporary departure from our human nature of open trade and self directed creativity. Perhaps we're just making progress back towards our nature of open markets and positive-sum trade.
I definitely loaded up at $78 in late June. I would have sold them by now, but it's cheaper to use them as collateral for margin and keep the dividend as the return-of-capital has no tax implication. Margin accounts charge way less than 12%.
I'm not a fan of daily dividends. It's more tax reporting burden if trying to calculate cost basis for a future sale, and it doesn't match the biweekly income that people are used to considering. That said, there's no question that it will dampen volatility when there are no longer built-in 0.50% price swings due to large dividend payments. The decreased volatility should improve perception of stability as well, which may attract additional capital. So for those reasons, I think they should proceed with daily dividends, and Strive has already proven how beneficial the daily cadence can be for these products.
I think the establishment of the siloed cash reserve for preferred share obligations and the rebound in bitcoin price have already done a lot to recover the price of STRC. I suspect it will reach par again by November regardless of the vote.
Ned Davis Research sees bitcoin hitting $170,000 by 2030 and maybe as high as $230,000 by 2035. That’s a big ask, depending on whom you ask.
Even the bulls he quotes are bearish!
I like to actually read the agreements sometimes, but I wish there was a diff provided so one could easily see which terms were just monkeyed with. It's so easy to bury onerous new conditions in a sea of legalese.
Whoever runs this bot, you need to pay for a better model, lol. So many errors!
$5,000 checks for everyone from dear leader and state run news with any dissent quelled. What could go wrong?
I don't think being immune to security incidents is the reason to self custody. Plenty of examples of self custody solutions losing funds to vulnerabilities lately. I'm with you on the sentiment, but everyone should be careful right now, whether they self custody or not.
I agree. I'm glad the company had to pay, but if it was really a fair trade for the risk on my part, I feel like it would have to be a payment several orders of magnitude higher. What if I had to change my SSN for repeated identity theft attempts as a result? In the case of ledger, what if I even had to move because I no longer felt safe at that published address? The cost of remediation could vary quite a lot, but at > 1BTC, it might actually represent the risk and impact of having that data public.
You definitely can't put the genie back in the bottle! Who knows how much damage it will do when the right people get ahold of it. Then again, these breaches happen so often lately, and so many third parties sell my data that I'm not even sure how private I should consider this info anymore.
I bought a pixel 10 pro last year and it was probably the first time I've spent more than $300 on a phone. I dropped it in the lake while replacing rigging on my sailboat and rather than write it off, I went and got my scuba gear and went in after it. It's been sitting in a container of desiccant since Saturday. It sat overnight at 28' deep, so I'm a little concerned it will have too much moisture when I try to turn it back on, but for how much I spent, I'm going to give every effort to salvage it.
I like the camera and all, but it's a little crazy to have so much money tied up in a phone. To be honest, I can't say I've missed having a phone this week.
Do you have heavy duties on imports? This youtuber has a whole series of videos on how to install your own solar and there are some pretty good deals out there. I like the idea of finding vetted components that won't break the bank. Panels seem to be the cheapest part these days too - but maybe not after they're mounted and wired. My neighbor has been finding lightly used 400W solar panels for ~$100 each, which makes for a pretty hefty system without spending too much. I hear the solid state inverters are getting a lot more reliable these days too. The heavy transformer based ones have historically lasted longer, but you pay quite a premium for them.
Whatever you decide, please keep us posted with the result - this will be a cool project!
I love the overlay of slicing an apple on the thing at the end. Cheeky.