Damus
YRP profile picture
YRP
@YRP237

BTC Class of 2017 ⚑️ Mom of 1 amazing, brilliant adult son who isn't interested in bitcoin...but my sats are his sats so one day he'll understand how much I am always committed to his future πŸ’›πŸ§‘πŸ’›

Relays (8)
  • wss://relay.primal.net – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.nostr.band – read & write
  • wss://relay.current.fyi – read & write
  • wss://purplepag.es – read & write
  • wss://nos.lol – read & write
  • wss://onchain.pub – read & write
  • wss://nostr.bitcoiner.social – read & write

Recent Notes

Scotty 5 Times · 65w
I was posting about this in 2020 on the Financial Times website... articles about CALPERS taking risky strategies to close the gap The Legacy Finance guys couldn't comprehend... laughed me out of the...
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This is such an obvious (DUH!) solution that to actually have pension & insurance managers who have not figured this cheat code out yet is scary that they are running these huge companies and don't see the easy solution! But they will.
1❀️1
Lyn Alden · 75w
The Social Security Administration expects their reserves to run out in 2035. That’s a different pile of money than most other government functions, and so without either tax increases or legislati...
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I'm hoping that the proposed Bitcoin Strategic Reserve can be used for those who are interested to "opt in" to take their SS benefit payment in bitcoin instead of USD. That could certainly help the fund provide USD to other retirees for longer.

Then at the same time have young people, who also "opt in" to be able to have their benefits converted to bitcoin for them & that bitcoin be used to fund their retirement in 20-30 years. Then if they die before reaching retirement age, as unfortunately happens, that bitcoin should then be split between the remaining recipients so that the govt doesn't profit off those deaths but that money is disbursed to applicable family under the law first with any remaining funds split between recipients. That way their share is growing in addition to their contributions.

I really hope we can make these proposals & changes to make the transition as smooth as possible on everyone.