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drew
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Relays (10)
  • wss://nos.lol – read & write
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  • wss://eden.nostr.land – read & write
  • wss://premium.primal.net – read & write
  • wss://nostr.wine – read & write
  • wss://relay.current.fyi – read & write

Recent Notes

Susie Violet · 1w
The UK government has successfully weaponised the 'child safety' narrative to execute one of the most significant power grabs in the history of the British internet. By stripping away a massive slice...
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drew @drew
Palantir have been given contracts for the UK police, NHS, MOD. Facial recognition cameras have been installed on the streets, AI cameras have been installed on the roads. Digital id will be required to access the internet. Bitcoin usage has not been banned but a swarm of misinformation and restrictions to make it very difficult to make purchases have been put in place.
The term Orwellian gets thrown around a lot, but I think even he would be horrified by the take over.
Meanwhile people are busy arguing amongst themselves so sure that what they argue about is the most important new thing to have an opinion on.
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ethfi · 2w
Immortal
YetAnotherAnon · 2w
Definitely It would be cool if Bitcoin were at 112k though
Derek Ross · 2w
Fingers crossed.
Judge Hardcase · 2w
In the context that I'm not qualified to give financial advice 😉, something ranging from a savings account that's FDIC insured if near-zero risk is tolerable; to a Money Market Fund if slightly more risk is tolerable; to maybe STRC if significantly more risk is tolerable. To be clear, while I do...
Judge Hardcase · 2w
Yeah, another way to say this is that Saylor is creating new supply faster than there is demand for it. The yield ought to reduce to the extant demand eventually catches up (if that doesn't encourage...
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drew @drew
Indeed. To be fair to Saylor, they weathered a brutal bear from 22 where they were exposed. I think he’s learned from that in that they have effectively no liquidation level risk now. And from what I’ve seenBTC needs a cagr of 2% going forward for them to meet all their obligations indefinitely. It’s tempting but so far I’m staying humble.
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Judge Hardcase · 2w
Yeah, because of how much BTC had already accumulated, 2% CAGR is probably plenty for *current* obligations. However, to me, that's the wrong metric for considering adding new obligations into the future. The hurdle rate to justify selling more STRC in order to buy more BTC ought to be the 11.5% (...
Judge Hardcase · 2w
Yeah, another way to say this is that Saylor is creating new supply faster than there is demand for it. The yield ought to reduce to the extant demand eventually catches up (if that doesn't encourage Saylor to just increase supply even faster - which seems like would be a big if).
Susie Violet · 3w
The UK has some of the highest energy costs in the world and part of the reason is this: In 2025, *£1.46 billion was spent switching off wind turbines and managing the system, often requiring gas pl...
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drew @drew
Unfortunately the UK has chosen a path of misinformation and authoritarian control and absolutely not adopting BTC in anyway and I don’t see that changing. As a Brit living abroad I can see it anytime I mention it to friends back home, they immediately label it a ponzi, because that’s what they’ve been told to think. I wish it were different, and maybe with enough people like yourself the message will get through. We can hope!
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