Damus
Open in Damus
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BitcoinChurch
@BitcoinChurch
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Relays (17)
  • wss://relay.f7z.io – read & write
  • wss://nostr.orangepill.dev – read & write
  • wss://theforest.nostr1.com – read & write
  • wss://nostr.mutinywallet.com – read & write
  • ws://frhyu2enatdah5xnruu7ofeldh6y7ade2u6bpszlvsnfro7qo5lhcsyd.onion – read & write
  • wss://relay.westernbtc.com – read & write
  • wss://eden.nostr.land – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.mostr.pub – read & write
  • wss://nos.lol – read & write
  • wss://offchain.pub – read & write
  • wss://pyramid.fiatjaf.com – read & write
  • wss://relay.current.fyi – read & write
  • wss://relay.nostrgraph.net – read & write
  • wss://relay.snort.social – read & write
  • wss://relayable.org – read & write
  • wss://brb.io – read & write

Recent Notes

BitcoinChurch profile picture
If the inch got slightly smaller every year, would boomers say stuff like “I know I’m 75 but I am as tall as I’ve ever been. That may be partially caused by the inch getting smaller but mostly from the advances in nutrition and medicine have allowed me to grow taller than any human had ever grown before my generation.” Or “my house is getting so big, even at 8’ tall I can’t reach the top cabinet in my kitchen. Must be those greedy cabinet makers always making the cabinets taller.”
YODL · 7w
I honestly don't know how it's supposed to work. Only heard vaguely that it's supposed to pay 11.5% annually (no taxes too, I think?), so would welcome a short explanation if you don't mind giving one...
 BitcoinChurch profile picture
BitcoinChurch @BitcoinChurch
I’m no expert either but from what I understand Strategy will attempt to peg strc at $100, by adjusting the dividend payout and/or buying back or issuing more strc.

I’m not sure why other stonks/bonds/assets cannot offer the same tax treatment but apparently the way the dividends are paid out, it is considered a return of capital which is tax-deferred, meaning you only pay tax when you sell the asset.
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YODL · 7w
I honestly don't know how it's supposed to work. Only heard vaguely that it's supposed to pay 11.5% annually (no taxes too, I think?), so would welcome a short explanation if you don't mind giving one. Not something I plan to invest in, but I guess it might be good to know what I'm talking about.
Super Testnet · 8w
No, I'm telling you that if you're willing to use a middleman (where there IS counterparty risk), it is getting easier to use a self-custodial bitcoin wallet as a "checking account." You only send your sats to a custodian when you convert to fiat, and, thanks to lightning, it is feasible to do so a...