Share this page!

Pomp 🌪 Profile picture
Twitter logo
20 Sep, 4 tweets, 1 min read
One of the main reasons that more public companies are not putting bitcoin on their balance sheet is because of the current accounting rules.

We have a chance to ask for those rules to be re-evaluated.

Here is what you can do (takes 3 minutes) 👇🏼
Go to this website and leave a comment.

COMMENT: fafsurveys.org/se/4CA36E925A8…
You can say something as simple as:

"I support the MicroStrategy position. Bitcoin should have Fair Value Accounting."
There are very few comments at the moment, but my guess is that we could get a couple hundred by EOD tomorrow.

Takes 3 minutes. Any help appreciated.

COMMENT: fafsurveys.org/se/4CA36E925A8…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Pomp 🌪

Pomp 🌪 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @APompliano

Pomp 🌪 Profile picture
13 Sep
Wow!

The Miami City Commission just voted in favor of accepting $4.3 million in protocol contributions generated by MiamiCoin, which is built on top of bitcoin.

Today marks a huge day for Miami, and a milestone for crypto.
MiamiCoin mining (the first of many @minecitycoins) generated this initial $4.3 million contribution in just over 1 month since launch.

Even better: This isn't just a one-time donation: Total contributions continue to grow as the MiamiCoin protocol continues to gain usage.
.@minecitycoins is leading the way out of the crypto casino, and straight into crypto civilization.

Importantly, MiamiCoin — and all future CityCoins — are built on Bitcoin via @stacks.

This gives all CityCoins superpowers.
Read 5 tweets
Pomp 🌪 Profile picture
4 Sep
Incentives drive the world.

This concept is frequently cited, but rarely productized.

I'm fascinated by how prediction markets can change that.

A few thoughts 👇🏼👇🏼👇🏼
We live in a world where "truth" has become highly controversial and debatable.

One idea is to financially incentivize the crowd to identify the truth.

This type of mechanism can essentially tell people to "put up or shut up."
Information markets like those on @PolymarketHQ let users make a return for correctly forecasting future events.

If you truly believe something is going to happen, you can risk capital on it.

If you're right, you win. If you're wrong, you lose.

The market is the referee.
Read 10 tweets
Pomp 🌪 Profile picture
19 Aug
The single most important thing to teach a child is how to think, rather than what to think.

We need more independent thinkers, problem solvers, and entrepreneurs in this world.

@synthesischool is a no brainer for every parent.

APPLY: synthesis.is/pomp
1/ The legacy education system was built for producing factory workers that simply did what they were told.

Young kids are ill-equipped for the dynamic, digital world that makes up modern society.

We don't need factory workers. We need problem solvers: synthesis.is/pomp
2/ The school system literally tells young kids to sit down, don't move around, and be quiet.

It goes against everything a child naturally wants to do.

@synthesischool is pioneering a new way to give your child the tools they need to succeed: synthesis.is/pomp
Read 7 tweets
Pomp 🌪 Profile picture
16 Aug
"The supreme art of war is to subdue the enemy without fighting." - Sun Tzu
"Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." - Sun Tzu
"There is no instance of a nation benefitting from prolonged warfare." - Sun Tzu
Read 9 tweets
Pomp 🌪 Profile picture
24 Jul
Companies across the country are raising their prices in order to combat rising costs.

There is nothing transitory about these price hikes.

Here are a few examples 👇🏽👇🏽👇🏽
Chipotle knows inflation is real:

- Increased wages to $15/hour
- Increased prices about 4%
- Q2 revenue higher than pre-pandemic

“There’s still that possibility that we could take additional pricing action to fully close the gap...So far, really, really good." - Chipotle CFO
Whirlpool won't be left behind:

“We are confident that sustained strong consumer demand and our previously announced cost-based pricing actions will offset the impact of global supply constraints and rising input costs." - CEO

Raw materials go up = Prices go up. Simple math.
Read 10 tweets
Pomp 🌪 Profile picture
22 Jul
If Peter Thiel's $5BN Roth makes him The Lord of the Roths, William Roth is the Rothfather.

Today would have been William Roth's 100th birthday. In 1998, he created the ultimate (tax-free) 3rd stack for future bitcoiners -- the Roth IRA.
2/ The former US Senator believed that if you work hard, save, and invest you should keep more of your hard-earned money.

So he pushed until we got an account from which US citizens can invest, tax-free; an incredibly powerful investing tool - and an incredible way to HODL.
3/ So powerful that Investing legend Peter Thiel was recently highlighted for (legally) accumulating a $5 billion tax-free Roth IRA.

Thread on how he did it here:
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @APompliano has new unrolls!

Check out other threads from @APompliano!

Read all threads by @APompliano

:(