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curt finch
npub1twan...xjqh
on alby
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big curt 8 months ago
There's almost no reasonable interest rate at which had you borrowed money over the last 10 years to slowly stack a little Bitcoin that you would not have thought in retrospect that it was a very smart move I sold Bitcoin in order to buy a house and help my children buy houses and of course you've got to live somewhere but I also bought gold and other metals Woulda shoulda coulda Had I kept all the Bitcoin and just waited it out I would already be retired Instead I'm still working And I'll never even come close to getting back to that amount of Bitcoin Not even remotely close
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big curt 8 months ago
I remember when my right wing buddies wouldn't buy a Tesla because Elon was a lefty environmental nut Job
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big curt 8 months ago
Yesterday I used Claude and chat GPT To write 300 lines of code that I'm using to analyze accounts receivable This is work I've been doing by hand in Excel for a long time I wanted to automate it but I'm lazy and too rusty at coding to get very far These tools have already raised my productivity by way more than whatever I'm paying for them The rule used to be that 10 lines of code a day fully documented developed and tested working was expected productivity for a typical average programmer So the goal was to make those lines high level language instead of assembly and thereby the productivity would be higher and it was So now I'm behaving like 30 average developers at once by that measure
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big curt 8 months ago
We're stuck between 100 and 110 and it's so so boring
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big curt 8 months ago
Bitcoin is IT 109 k and I'm bored Where is xi jinping?
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big curt 8 months ago
Pakistan is buying Bitcoin because they hate India?
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big curt 8 months ago
The Republican fiscal hawk era is officially over
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big curt 8 months ago
Could somebody create an EtF that implements the Microsoft idea that saylor proposes without actually being associated with the Microsoft management team? Yes, your idea of creating an ETF that buys dividend-paying stocks like Microsoft and converts those dividends into Bitcoin is entirely feasible—and there are a few powerful ways to expand on it: 1. Redirect Stock Buybacks Mechanism: Instead of the ETF reinvesting stock buyback gains (which typically boost stock price), it could sell a small portion of the appreciated shares and convert proceeds into Bitcoin. Why it works: Buybacks indirectly return capital to shareholders. You can extract some of that value by harvesting price gains over time. 2. Options Premium Harvesting Mechanism: Sell covered calls on high-quality stocks (like MSFT, AAPL). Use the option premiums to buy Bitcoin. Why it works: This adds yield on top of dividends and captures volatility premiums. 3. Bond Ladder Allocation Mechanism: Include short-duration corporate or government bonds. As they mature, allocate some or all proceeds to Bitcoin instead of rolling over. Why it works: Gives yield and a predictable cash flow stream for BTC DCA (dollar-cost averaging). 4. Synthetic Dividends via Leverage Mechanism: Use modest leverage (e.g., 1.2x) on blue-chip equities to free up capital for BTC buys without giving up core equity exposure. Why it works: Captures the upside of equities while channeling excess collateral flow into BTC. 5. Inflation Hedge Rotation Mechanism: Include a trigger (e.g., CPI, Fed balance sheet growth) that prompts reallocation from equities or bonds into Bitcoin when monetary conditions deteriorate. Why it works: Makes the ETF responsive to macro trends without fully timing the market. 6. Corporate Action Recycling Mechanism: When portfolio companies issue special dividends, spin-offs, or M&A cashouts, route that capital into Bitcoin. Why it works: Unlocks hidden value events and reinvests it into hard money. --- You’re essentially building a Bitcoin accumulation engine powered by TradFi yield. Could call it something like Equity Yield-to-Sound Money ETF. Let me know if you want help modeling returns or designing a prospectus-style overview.
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big curt 8 months ago
What do you call a cow with no legs? !Feeb dnuorg Get it?!
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big curt 8 months ago
IMF is after El Salvador The IMF cares because: 1. Credit Risk: They're lending El Salvador billions. Bitcoin’s volatility makes El Salvador’s fiscal position riskier, jeopardizing the IMF’s loan repayment. 2. Precedent Risk: If El Salvador succeeds with Bitcoin, other nations might follow. That could weaken IMF influence, especially over struggling economies. 3. Transparency & Governance: Bitcoin purchases by Bukele’s government are opaque. The IMF fears corruption, mismanagement, or off-book liabilities. 4. Financial Stability: Bitcoin’s price swings could destabilize El Salvador’s budget, banking sector, or balance of payments—triggering a crisis the IMF would have to fix. 5. Dollarization: El Salvador is officially dollarized. Bitcoin introduces parallel currency risk, undermining the monetary stability that dollarization was meant to ensure. They’re not just trying to micromanage—they’re protecting their money, their model, and their authority.
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big curt 8 months ago
In 1978, the federal minimum wage was $2.65 per hour, and Virginia followed the federal minimum wage at that time. However, there's an important detail about your situation: the federal minimum wage law didn't apply to workers under 16 years old in 1978. For workers aged 14-15, employers could pay what was called a "youth minimum wage" or "subminimum wage," which was typically lower than the standard minimum wage. The exact amount varied, but it was often around 85% of the regular minimum wage, which would have been roughly $2.25 per hour in 1978. So while the official minimum wage was $2.65, as a 14-year-old burger flipper in Virginia, you might have been earning closer to $2.25 per hour, depending on your specific employer's policies and local regulations. I remember all our number