The GOP will soon dump Donald Trump and ask you all to accept that they only did what they had to do to stop Democrats. That they can now carry on with conservative principles.

They are spineless cowards. They are finished.
There are no real conservatives in government. There are establishment Republicans with endless power thirst, and populist Republicans who will follow the Trump line.

But there are almost no fiscal conservatives in favor of limited government. It's a sham.
However, the narrative will now shift to the need for fiscal conservatism. It is all a lie. A complete sham. If you're a fiscal conservative, Bitcoin is a much better answer than Republican government.
People of Twitter think I'm some kind of "libtard" and cannot be more wrong. Trust me, I'll have my share of critiques for a Biden administration. But Republicans drove me straight into the arms of their opposition. Have never seen such cowardice of principles in my life.

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More from @ledgerstatus

5 Nov
If you consider a 30% tax rate, selling a bitcoin at $15k to chase an altcoin, if your last tx on that btc was at $10k, you have a $5k profit and roughly $1500 tax burden.

You’ll realize it either way at some point, but my calculus is if it’s worth it before Dec 31 or not.
If you underperform btc you needlessly speed up the time you owe the tax man by a year. If you overperform, you need to make at least 10% (1500/15000) before it makes sense.

It’s really hard but I’m waiting for a fat pitch. Today looks good but not worth it yet for me.
Meanwhile, if btc continues upward, each btc becomes much stronger buying power for paying 2020 cap gains that occurred pre-$10k btc. Reducing the % of portfolio I have to take out in January to pay them.
Read 7 tweets
3 Sep
Alright so, this is where we talk about how money is created.

Most money is created out of thin air. Yes, even in crypto! Newly minted coins are valued based on a minority of coins changing hands and establishing the price.

In a bull market — new inflows enable expansion. 1/n
Without new inflows of fiat, or rarely moved bitcoin or Ethereum moving to alts — the natural state of alts is contraction and a zero sum game despite more coins still being added. Most become zombies.

True value requires liquidity 2/n

ledgerstatus.com/zombie-tokens/
When new money comes, and supplies are constricted, valuations can skyrocket. And some people can even sell coins at those levels. They are taking advantage of the rare occasion for liquidity. Many locked investors have a much slower go of it than the degenerate alt slinger. 3/n
Read 7 tweets
12 Aug
Life happens fast. $yam
Just bought myself a bucket of YAMs. 100% YOLO.
I have no clue what I've done but apparently I'm already up over 65%. Hard to tell.
Read 6 tweets
27 Nov 19
This is the best opportunity in crypto since 2016. Across the board.
I’m not trying to call exact bottoms. Most are in a lull. Many are glued to 1 hour timeframes when we should be considering 1 year horizon. Time to pay attention.
I look around and see religious maximalism, or infinite skepticism, or total apathy, or complete brokenness. The market is here. The opportunities are here. Get focused. This is my attempt at a wake up call. Think about why you’re here and execute.
Read 4 tweets

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