#nostriches and #austriches Here’s an Aussie joke for you: Australia's Future Fund was established in 2006 with the purpose of strengthening the country’s long-term financial position. Its primary goal? To ensure the government can meet unfunded superannuation obligations for public sector employees without placing a financial strain on future budgets. The Future Fund is structured to be a patient, long-term investor—designed to maximize returns over time while managing risk, ensuring there’s enough in the pot when liabilities come due. An independent sovereign wealth fund, created to accumulate savings and offset the government's future liabilities, particularly public sector superannuation payments. But today, the Treasurer reckons it’s a good idea to start investing in houses and renewables. So much for independence. Here’s the punchline: 1 in 5 working Australians is employed by the public sector. 66% of all GDP growth since Q2 2018 has been fueled by government spending. Meanwhile, we’re in a per capita recession with peak biz insolvencies hitting just recently. The government created a Future Fund to secure the future, but their actions seem designed to mortgage it. #TheJokeIsOnUs

#nostriches and #austriches Macquarie Bank has blocked all bitcoin friendly exchanges for SMSF accounts. We cannot purchase bitcoin with our super any more. WTF? Who knows how to get Aussie peso from bank to platform to buy bitcoin?

Hey #nostr I’m going to take a nap. Wake me up when the #bitcoin $100k party starts.

#nostriches and #austriches Started my day thinking I could focus on writing about business and investing…but fuck it. Only 14% of homes nationwide are affordable for the median-earning household. In NSW, it’s 10%. And that’s total homes—not just houses—including regional areas. Meanwhile, the government is flooding the country with record immigration, using dodgy student visa loopholes and commoditising what was once a respectable education system. But hey, we need more yoga instructors to address our so-called "skills shortages," right? You can’t rent because there’s nothing left. Builders and developers are going bust because there’s no profit in building. So don’t peddle the tired supply-side argument—it’s dead on arrival. And what’s the government’s long term solution? More taxes. * Taxes on properties * Taxes on superannuation * Taxes on unrealised capital gains They’ll claim these taxes only target the wealthy. But by artificially inflating property values, they’ll drag ordinary Australians into the firing line while continuing to milk the housing crisis for all it’s worth. This isn’t governance. It’s a scam. The system is rigged against you: * Housing you can’t afford. * Rent you can’t secure. * Immigration policies that crush wages and infrastructure. * Taxes that punish you for simply existing. This is Australia now—a country that exploits its citizens while rewarding the bureautards.

I always chuckle at how much people on X (and probably here) love to bash LinkedIn. Sure, there’s plenty of generic fluff and self-promotion, but honestly, LinkedIn has been the easiest and most effective platform for growing my businesses. Rather than tearing others down, I find it much more rewarding to offer help. Take cold outreach DMs, for example. I get them daily. When someone sends me a “Hi [first_name]…” message, I usually reply to point out their mistake. Now I’m trying something new: if they own up to the error, I’ll pull an Uno reverse card and ask if they’d like help growing their business. What do you think—what kind of conversion rate could that approach get?

#nostriches and #austriches The mis-disinformation bill looks to fail. MAD won’t get enough votes from the senate. Now we just need to make sure they don’t find another way to bring in government issued digital id and facial recognition requirement to log onto the internet. #MakeAlboGoAway

USA: let’s remove bureaucratic waste, investigate big pharma, reduce illegal immigration and promote bitcoin. Australia: nah, let’s ban social media for teenagers, implement widespread censorship, enforce government issued digital id and ensure the housing ponzi never collapses

Hey #nostr and #bitcoin frens, quick mood check: Context: You’re investments are going well and you’re considering a new residence. Are you picking the French castle or the run down dog box with a single bathroom in Eastern Suburbs of Sydney?

#austriches - we are not a serious country. RN - cost of living crisis + masses being priced out of shelter - birth rates seriously dropping - ridiculously high immigration numbers - per capita recession - terrible wage growth But yeah, critical shortage of tour guides. Sooo critical. 👏👏👏

What are some of non bitcoin specific businesses that are moving to receive payment in #bitcoin or #sats? The business could support bitcoin, but what I’m interested in are examples of services like marketing, design, trades (plumbers, carpenters)…and so on. I’ve come across the bitcoin dentist which is cool! What else?

Pulled equity from the #Australian #Property #Ponzi and put it into BTC this month. It’s going pretty well.

Happening: - Enormous differential in average income vs median home prices - Approaching record longest per capita recession - China, our major trading partner, battling declines in growth and incoming USA tariffs Australian Government: let’s focus on censorship and banning social media

Except I’m my own boss 😜 View quoted note →

Hey Australia, it’s probably nothing. Resi property prices just go up forever though, right? RIGHT?

#nostriches and #austriches Do Aussies feel anywhere near the passion for freedom as Americans? We are approaching Orwellian times with MAD and the ban on social media for u16 year olds. This comes after - record immigration to the detriment of housing affordability - Commoditisation of our education (for visas to prop up the ponzi) - Longest lockdowns globally - Inability to seriously fight the above without retribution

#nostriches and #austriches The Communications Minister, Michelle Rowland, has declared that virtually ALL social media platforms will fall under the new legislative framework, aimed at preventing all Australians under 16 years old from accessing social media platforms. She emphasised the inevitability of compliance by stating, “THERE IS NO OUT” and that all must comply to the new regulations. WTF

Gareth Soloway rn #bitcoin #ath

#CheatCode with @Nadia