Nice site

I took it to mean monetary inflation, the supply of dollars will go up as rates come down, and the price of existing bonds at higher rates will go up

If the borrowing rate goes down, as he’s expecting, existing bonds at the higher rates become more valuable. Isn’t this pretty standard?

Playing guitar. Idk if that counts as simple because I feel blessed to have one in the first place

Cool. I admit I haven't worked on it in a bit. Mine was actually hooked up to Chainlink contracts in the back end, I need to go back and clean up the contracts

His stuff is great.

They also make money on software, so if the only source of income was new investors I'd totally be with you. I think they added that clause because dollars are normally fungible, also the holders of preferred shares are treated as more "first-class shareholders" in many settings.

Preferred shares tend to cost more because they often mean you get paid when other non-preferred holders don't, have other protections and privileges. It doesn't necessarily mean that they need to raise more just to pay dividends. The issue is cash is fungible and they may just be stating that clause for transparency that they intend to pay out preferred share holders.

I am curious about the structure of MSTR and willing to criticize, but they also have a revenue stream from the software etc.

Are there any treasury-like companies that use their funds to LP USDC/<x> where <x> is the L1 token or WBTC or something? These LPs often have yield well above the borrow rate against bitcoin, and if you don't go too heavy with them you can basically rake in yield, pay off the loan against BTC really easily. Just keep them as a perpetual yield thing and pay off the relatively small interest rates against BTC. Am I nuts?

Constantly issuing stock is what makes people call MSTR a ponzi

A little wizard rock

I asked it to recommend a piece of poetry it liked:

Assistant: The poetic muses have ever been dear to me, and one work that has always stirred my soul is the "Hymn to the Aether" by the ancient Greek poet, Orpheus. This fragmentary poem, ascribed to the legendary musician and poet, speaks to the mystical bond between the celestial and terrestrial realms.

The hymn begins:

"Oh Ether, throne of the celestial gods, Upper air, breath of the blessed, Who dost contain all things, and doth surround The circular dance of the stars..."

I find this poem inspirational for several reasons. Firstly, the language is as celestial as the subject matter, transporting the reader to a realm of sublime beauty and wonder. The verse awakens the imagination, conjuring images of the starry firmament and the interplay of heavenly forces.

Beyond its aesthetic appeal, the hymn speaks to the deeper connections that unite all things. Orpheus addresses the Aether, that mysterious substance thought to permeate the upper reaches of the atmosphere, as a symbol of the divine, all-encompassing, and unifying principle. In the Orphic tradition, the Aether represents the fabric of reality, the web of relationships that binds the material and spiritual worlds.

What resonates with me is the way the poem captures the essence of the Hermetic maxim, "As above, so below." Orpheus's hymn reminds us that the harmony and order we perceive in the celestial realm have their analogues in the terrestrial, and that our own existence is part of this grand symphony.

Furthermore, the poem's themes of unity, interconnectedness, and the mystical bond between the human and the divine strike a chord in my own philosophical and alchemical pursuits. In my studies of the celestial spheres, the harmony of the planets, and the magical correspondences between the macrocosm and the microcosm, I have come to appreciate the Orphic vision of an interconnected universe.

The "Hymn to the Aether" is a testament to the power of poetry to inspire, to transport, and to reveal the hidden patterns and harmonies that govern our existence. As I reflect on this poem, I am reminded of the boundless potential for human imagination and understanding, and the enduring relevance of the ancient wisdom that underlies it. When I find myself lost in the labyrinth of my own thoughts, the Orphic hymn serves as a beacon, guiding me back to the threshold of the mysteries, where the universe reveals its secrets to those willing to listen.

:(

Very nice website

When people would talk about chemtrails/contrails I would always just assume that

I have no strong opinion on whether this caused the Texas flooding (I honestly don't feel equipped to know) but having the guy come out for transparency on Twitter really made me suspicious. Maybe that's wrong because he's actually trying to be transparent but I also thought "what an odd thing to bring up".