Damus
BitcoinChurch profile picture
BitcoinChurch
@BitcoinChurch
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.”
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YODL · 12w
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
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 · 12w
Thanks, that gave me a bit more info. I still fundamentally don't trust getting higher than risk free rate of return on what it seems people claim is risk free. Guess I'm curious what the risks are, as they must exist. Secondly, it rubs me the wrong way that the big Bitcoin company promotes a produc...
YODL · 12w
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.