Real talk!

Wife is out of town, hope I don't forget to feed . If only I had someone to remind me the exact moment it was his dinner time, via shrill bark, but more accurate than an atomic clock.

best follow on the protocol IMO

If you're waiting for conditions to improve in order to be happy you probably won't be in the unlikely event they actually do. If you are happy under your current conditions, they will probably improve, but it won't change things that much for you.

There will be a reckoning whether here on earth or in hell.

I once spent a few minutes looking for my sunglasses before realizing I was wearing them.

no matter how deep down the rabbit hole you go you will never find the rabbit because you are the rabbit

worst part about vibe-coding with Claude is it'll use an old file, make changes to it, then you upload and replace and don't realize what happened until you're fixing the same bugs you already fixed. Surprised it's that poor at recognizing it.

Motorized wheelchairs for people who used to walk

BTW -- apologizes to a few of you to whom I didn't respond. I mainly use Primal now from my desktop, and I miss a ton of notifications I only see much later on my Android phone via Amethyst. It's annoying, but I'm too lazy to switch.

It's chilly and cloudy out, but I'm going to the fucking track even though I don't feel like it because the GOATs go when they don't feel like it, and I'm the GOAT when it comes to running two 10:30 miles.

I wake up every day amazed that coffee shops and bakeries and grocery stores are still open for business. Think it's only possible because of the deflationary nature of technology makes the standard of living higher even if you're broke, so the getting poor part isn't existential, it's just a destruction of freedom. The higher the standard of living the more the difference between rich and poor isn't life/death but freedom/slavery. So society can persist.

Real talk!

People dunking on Saylor for saying he'd sell to pay dividends, but the better question is *why* would he say that in an earnings call? If you assume Saylor is an idiot with lettuce hands, then you should probably not waste even a second thinking about MSTR because it's not for you. But if you assume as I do that Saylor is smart and didn't acquire 800K coins through two steep downturns because he's soft, how do you make sense of it? I'd say maybe (1) tax purposes, it is a corporation that has to pay taxes, and it might make sense to harvest some losses/improve his basis; (2) as proof of concept. If he sold 1K to pay dividends, then STRC is REALLY backed by the coins in the treasury, not just theoretically. This means he doesn't have to keep selling MSTR to raise USD reserves for the dividends because he can sell the BTC. And when you think about it, selling MSTR to raise USD reserves is the same thing as selling BTC because he NOT buying more BTC with the proceeds. IOW, by raising cash (which everyone loved), he was foregoing more BTC purchases. Why not just eliminate the middleman and sell BTC advantageously for tax purposes when needed rather than buying less due to the cash reserve? He can have only BTC in the treasury, and raise cash to pay the bills when needed. What's the downside? If he's willing to sell BTC, he's crossed the Rubicon. He was supposed to never sell, and once you open that door, what's the limit? The limit is his business model. If he sells half the BTC, no one wants MSTR anymore. If he sells at the edges to pay dividends, that doesn't harm the model. I think ultimately what this is is like an OG taking a Strike loan. You borrow fiat against your coins at 11 percent. Your coins appreciate over time, and instead of repaying the loan in fiat, you do it with an ever smaller slice of your stack over time. I think that's the model, and the upside of selling is showing the credit markets that YES, your STRC dividends really are backed by this giant stack that IS used to pay them. It's collateralized 5:1 for real, not just in theory. I've been wrong many times, but IMO this is bullish for MSTR, and also BTC because once the message gets out that STRC is really that well collaterized, the floodgates will open, and the bid will get larger and larger until their are no willing sellers under a much higher number.

such a mystery, what could it possibly be?