Shane Crockett @shane3628 Twitter profile | Pikagi

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Shane Crockett

@shane3628

794

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1,430

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459

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Director of Business Development @SaltLending Rule #20 - You do NOT Sell your #Bitcoin BTC Backed Loans as a Service are here 😎🤓

Seattle, WA

https://t.co/X3wSWH60GV

Joined June 2024

Don't wanna be here? Send us removal request.

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@shane3628

Shane Crockett

2 months

Sell your #Bitcoin , pay ~20% cap gains, lose your allocation and the associated appreciation. Borrow against your #Bitcoin , pay a small APR, write-off the interest payments, keep stacking Sats, rinse and repeat. Rule #20 - You do NOT Sell your #Bitcoin !

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@shane3628

Shane Crockett

9 days

@Vivek4real_ Curious he mentions 20m BTC instead of 21m. What did he know?

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@shane3628

Shane Crockett

1 month

@kryptospheroid Next time just say you’re allocating to the best risk adjusted asset with the highest sharpe ratio over the past decade, then they’ll be onboard (it’s still Bitcoin 😂)

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@shane3628

Shane Crockett

3 months

@rajatsonifnance No need to ever sell your #Bitcoin , borrow against it!

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@shane3628

Shane Crockett

21 days

@Giovann35084111 @saylor Pretty ironic the guy who made “all your models will be destroyed” popular is now getting on the model train. Proof of (your) work Gio!

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@shane3628

Shane Crockett

2 months

@HodlMagoo You know what would grow retail demand? Doing something useful that Unchained and River and others don't do......like, borrowing against your BTC?

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@shane3628

Shane Crockett

2 months

@tomyoungjr @Sean_Welsh1 @dotkrueger These models are great but they don’t include the lending strategies or tools one would use on the financial end. I’d love to give you some education about our firm and why our customers have been borrowing confidently from us since 2016. If you’re interested.

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@shane3628

Shane Crockett

4 months

@thomas_fahrer @Seb5150 At what point does the OTC supply-chain run dry? I know they work a bit under the radar and have lots of whales in their rolodex, but eventually even those sources get tired of taking discounts when they could just let the price rip and sell on the open market, right?

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@shane3628

Shane Crockett

12 days

@dotkrueger AI as an investment confuses me. If businesses use AI to hire fewer people, who will earn the money people need to buy the goods and services companies produce? Efficiency and productivity are great, but GDP is based on demand being met, not supply being created. Am I dumb? 🥴

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@shane3628

Shane Crockett

6 days

@Swan Converting home equity into Bitcoin and never having a loan payment @OrangeBridgeInc

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@shane3628

Shane Crockett

2 months

@JoeCarlasare Power Laws in nature correlate at 100% forever, that's the best argument you would have against BTC as a power law. But as a C student who was stoked on the occasional B-, I am personally pretty bullish on something correlating at 97% for 15 years! What am I missing?

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@shane3628

Shane Crockett

6 days

@dotkrueger Soon to be diversified into his shitcoin 😂🤦🏻‍♂️

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@shane3628

Shane Crockett

1 month

@mikealfred Harris is probably a better choice for BTC. She'll increase spending and deficits, leading to more inflation. And she'll increase taxes which will limit job growth. So more debt with less GDP and jobs = lower confidence in US debt instruments which will require higher rates to

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@shane3628

Shane Crockett

2 months

@dotkrueger @tomyoungjr @Sean_Welsh1 I can do you one better and get our CEO to join such a call to share more about the company and disruptive vision we have for the future. We want to make borrowing against your BTC a simple integrated part of tradfi and web3 experiences, and have the tech to do it.

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@shane3628

Shane Crockett

1 month

@mikealfred @last_to_crypto This is a struggle with my family, I pose questions about radical left ideas which are clearly bankrupting the planet and they immediately assume I've switched to MAGA. Tribalism is too nuanced for most to understand indeed, especially when they are who have fallen victim to it.

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@shane3628

Shane Crockett

8 days

@GlennTestelmans @Vivek4real_ So he knew Satoshi would have 1M BTC only a week after he created it, and he knew those 21M would never make it back into the available supply, thus refers to said supply as 20M instead of 21M? Very interesting...

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@shane3628

Shane Crockett

3 months

@rajatsonifnance Maybe, but until then people who want to store their economic energy in 25% CAGR instead of -7% via fiat, will need a way to get local currency to engage in local commerce without selling their #Bitcoin

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@shane3628

Shane Crockett

27 days

@tomyoungjr @dotkrueger we should talk, I’d love to get your perspective on a product we’re evaluating.

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@shane3628

Shane Crockett

3 months

@rajatsonifnance A way to use math to represent this idea - divide any asset class or index by M2 growth in the same period and see what the true appreciation was.

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@shane3628

Shane Crockett

2 months

@mikealfred 🤣 Mike Alfred FTW!!! M2 gonna rip and Fannie/Freddie gonna give out $1T in home equity cash to homeowners. Inflation might end up ripping again before end of 2025 but markets are def going to rip prior!

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@shane3628

Shane Crockett

2 months

@hodl_adu Get yourself some NAs, that helped me tremendously when I took a 3 year break. It helped me realize it wasn't the alcohol my body was used to, it was more the taste, repetition, time of day, day of week, social aspect, etc.

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@shane3628

Shane Crockett

6 days

@HODL15Capital @smilesbitcoin is a double bonus; walk and improve your health, get free sats.

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@shane3628

Shane Crockett

12 days

@dotkrueger @BodiCan35 OMG who was it? I cut bait on that group of grifters and scammers a long time ago so it's always funny to hear about HEX and Pulse, can't believe anyone pays attention to that garbage.

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@shane3628

Shane Crockett

2 months

@BritishHodl Power Law data is represented in exponentials, so even if an event like this caused price to move up by a magnitude of 2 or 3, the sell action would normalize it just as fast. When Power Laws correlate at 100% they are considered fact. #Bitcoin is at 97% for 15 years, not bad!

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@shane3628

Shane Crockett

2 months

@dotkrueger Did you then tell them there are BTC shorts they can ride down to the local bottoms of the red squares?

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@shane3628

Shane Crockett

2 months

@BritishHodl We're creating some very low APR offers for Mt Gox recipients to help the BTC market avoid a large selloff, to help individuals avoid taxable events, and to help more people HODL their #Bitcoin . As @saylor said in Prague via rule #20 , "You do NOT sell your Bitcoin!"

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@shane3628

Shane Crockett

2 months

@CarlBMenger We're launching a 0-3% promo APR to help Gox recipients (and other BTC holders) borrow against their #Bitcoin instead of selling it and creating large taxable events which could cost as much as 30%, or more. Learn about the benefits of borrowing instead of selling!

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@shane3628

Shane Crockett

2 months

@sunny051488 Polite disagree, everyone has a price and everyone likes making money. As we approach 6 figures, everyone's tune will change and all will become #Bitcoin fans. This will be the steepening in the S-Curve between 10% over 10 years, to 90% after 20 years.

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@shane3628

Shane Crockett

6 days

@PunterJeff @OrangeBridgeInc is unlocking the home equity and converting it to Bitcoin.

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@shane3628

Shane Crockett

27 days

@dotkrueger We check all those boxes and we’re working on a no liquidation product. Would love to tap into you and your audience for feedback Fred, get us on the show soon. We have COOL stuff in the hopper!

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@shane3628

Shane Crockett

12 days

@heresyfinancial Reminds me of how my cargo shorts went from being all the rage one day, to complete trash the next. Cant keep up with he kids and all their hip trends these days.

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@shane3628

Shane Crockett

2 months

@dotkrueger We're about to launch a 0-3% APR loan program for all the Gox recipients (and any Bitcoin holder!), so it'll be exponentially cheaper for them to keep their #Bitcoin and borrow against it than to sell it and incur a cap gains tax of 20%, or more. Stay tuned!

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@shane3628

Shane Crockett

2 months

@hodl_adu Non-Alcoholic Beers! There's some tasty ones out there these days, I like Athletic Brewing and Heineken 0.0s.

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@shane3628

Shane Crockett

3 months

@HHorsley Banks cant even allocate to #Bitcoin yet, imagine what happens once the US adopts something similar to MiCA and banks can start holding BTC at a 1:1 capital reserve ratio. Some of them will stop lending to consumers entirely and simply allocate to Bitcoin! We're soo early...

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@shane3628

Shane Crockett

3 months

@BitcoinUndisc 'Why Bitcoin' by Chris McLaughlin is the best gateway to Orange Pill. It's 100 hours done in 100 minutes.

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@shane3628

Shane Crockett

3 months

@rajatsonifnance This is because 100 Hours is too much for most people, hence I recommend "Why Bitcoin" by Chris McLaughlin. It's 100 Hours but the 100 minute TLDR version

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@shane3628

Shane Crockett

8 days

@luke_broyles @PeterSchiff Peter not wrong about Gold, he just ran into a better form of it. He's Phil Mickelson during the early 2000s, ran into Tiger Woods. He's Charles Barkley in the 90s, ran into MJ. He's basically every female tennis player over the past 15 years, trying to defeat Serena Williams.

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@shane3628

Shane Crockett

24 days

@dotkrueger No cap gains tax when it's being used as collateral so channel the top 1% tax avoidance strategy; buy/borrow/die

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@shane3628

Shane Crockett

1 month

@SimplyBitcoinTV @CJKonstantinos CJ is even smarter than he looks, and let's be honest, he looks smart AF 🤓😎

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@shane3628

Shane Crockett

1 month

@Ni95057388G @cryptoml21 @dotkrueger @BritishHodl @Giovann35084111 Correct, and in nature the correlation is 100% due to the fact it is a law of nature and mathematics. This is why it's so fascinating to see 96% correlation in something like Bitcoin which is manmade, social, and not part of nature.

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@shane3628

Shane Crockett

2 months

@BritishHodl @howardlutnick We been doing it safely since 2016

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@shane3628

Shane Crockett

1 month

@CarlBMenger

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@shane3628

Shane Crockett

3 months

@LawrenceLepard @BTCsessions @saylor Bit if there was, it'd be you Lawrence!! 🙂

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@shane3628

Shane Crockett

4 months

@EricBalchunas Amazing tour, careful on the stairs down!

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@shane3628

Shane Crockett

21 days

@CarlBMenger I think the AI productivity concept is misguided. Supply doesn’t equal demand, regardless how efficiently the widgets are produced. People with money to spend is what moves the GDP needle.

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@shane3628

Shane Crockett

3 months

@dotkrueger Love your stuff Fred, I see you're going to be at BTC Nashville and I'd love to say hi. Swing by the SALT Lending booth if you get a chance! We're doing some cool stuff to enable HODLers to uphold @Saylor rule #20 from BTC Prague, "You do NOT Sell your #Bitcoin "

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@shane3628

Shane Crockett

1 month

@FMTadvisory @saylor People conflate looking back and citing facts as looking ahead and positing theories. S-Curve, "trust me bro," etc, are forward looking theories which might be true, but until then we can use Power Law to look back and talk about FACTS. There's no debate.

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@shane3628

Shane Crockett

2 months

@sunny051488 Everyone has a plan until they see a God Candle...

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@shane3628

Shane Crockett

6 days

@mikealfred Long bonds are short equities or risk assets right? So when we see bond rates decline sharply ahead of rates, is that not also an indication of recession fears, or broader macro level fears?

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@shane3628

Shane Crockett

11 days

@jtjt008 @dotkrueger And producers accept human want as currency, or do those humans need money to obtain the goods/services in question? Where’s the increased amount of money coming from if fewer people are working due to AI enabled productivity and efficiency gains? Are the robots also consumers

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@shane3628

Shane Crockett

11 days

@NickAltcoin @dotkrueger Full transparency - I don't know sh*t about AI coins

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@shane3628

Shane Crockett

3 months

@saylor Big Guy, love your work, thanks for the Orange Pill! You're disruptive and innovative, but Orange Checkmarks is hardly a blip on the disruptive radar. Time to get into traditional finance and start backing #Bitcoin as pristine collateral for loans. Call me 📞

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@shane3628

Shane Crockett

3 months

@heresyfinancial But most people live check to check and have no savings, thus keeping them out of the Bitcoin economy. This is why BTC rewards checking is necessary, and why we need more BTC bulls to back this product/idea to bring it forward to everyday wage earners.

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@shane3628

Shane Crockett

13 days

@80IQmindset @PrestonPysh “Smart leverage” requires a smart lender with useful tools and resources which make this possible.

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@shane3628

Shane Crockett

3 months

@BTC_for_Freedom Maybe even offer a 50-100 bps discount for payments in #Bitcoin

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@shane3628

Shane Crockett

1 month

@BritishHodl "Yeah but what if..." vs Facts/Data/Math is always fascinating, best of luck Mr HODL!

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@shane3628

Shane Crockett

24 days

@schulzzy I suggested this and got roasted, it was pretty comical. But I agree, if BTC is long entropy and chaos and USD decline, why not elect the president who accelerates and amplifies the impact? The runaway train has no brakes at this point, so might as well hit the gas.

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@shane3628

Shane Crockett

11 days

@jtjt008 @dotkrueger “Demand is endless” yet I’m struggling with economic fundamentals 🤣 ✌🏻

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@shane3628

Shane Crockett

1 month

@BTC_for_Freedom -Level 9: 140% net worth in BTC, feeding family daily orange pill (most of whom think I am on drugs), and left former 20 year career to join BTC Finance Co.

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@shane3628

Shane Crockett

3 months

@rajatsonifnance It will never absorb the value of everything, but there's certainly a debate about how much that "monetary premium" is worth, and how big of a shift we see from those asset classes mentioned, into #Bitcoin

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@shane3628

Shane Crockett

3 months

@HHorsley Even Darth Vader was good in the end, if he can do it surely Banks can too

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@shane3628

Shane Crockett

1 month

@btcwojak Do people learn about chemo or other treatments before getting diagnosed with Cancer? Do they cut out sugar and focus on a balanced diet before getting diagnosed with Diabetes? Some people are proactive, most are reactive and tune in once it becomes existentially necessary.

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@shane3628

Shane Crockett

4 months

@Eros280400 @mclauclin1 @thomas_fahrer @Seb5150 I think the reality is that OTC desks have as much BTC as they can convince whales to sell to them, so there's really no way to know what their inventory or access looks like. But we know it wont last long!

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@shane3628

Shane Crockett

1 month

@BitBuyer313 What happens if the traditional safety nets for black swans are the reason for the black swan?

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@shane3628

Shane Crockett

2 months

@Breedlove22 Me, the world needs to know where they can get fast easy loans against their 🌽 so they can HODL4L and never sell

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@shane3628

Shane Crockett

1 month

@cryptoml21 @dotkrueger @BritishHodl @Giovann35084111 @aantonop Yes, and he would not take you seriously given your support of PulseX, PulseChain, and Richard Heart🤦‍♂️

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@shane3628

Shane Crockett

3 months

@Boomstick44 "Why Bitcoin" by Chris McLaughlin. It's 100 hours in 100 minutes. I've read all the books and this one was by far the easiest, lightest, and fastest, and thus far has proven to create intrigue with many of my friends and family.

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@shane3628

Shane Crockett

1 month

@LnAmbassador @Giovann35084111 @BritishHodl Yeah, I unfollowed the bald turd, guy has proven to be a useless puppet at the end of twitter validation strings looking for attention. He brings no useful perspectives, data, or content, just his own bias infused boredom manifesting itself on Twitter every day. Poor guy 😂

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@shane3628

Shane Crockett

3 months

@BritishHodl Wait until FIT21 impacts are better understood and discussed in mainstream channels, and wait until Power Law wins the debate vs S2F and other data, math, or scientific theories trying to predict #Bitcoin price over time. 97% 15 year correlation isn't hard to understand.

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@shane3628

Shane Crockett

2 months

@LawrenceLepard Most Americans believe inflation is simply a part of life, no different than the sky being blue or water being wet. This is why I have tried to educate my family on the basics of the system via "Why Bitcoin," written by Chris McLaughlin. 100 hours done in 100 minutes!

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@shane3628

Shane Crockett

25 days

@CJKonstantinos 818K jobs update Jackson Hole speech September cuts November election Coincidentally sequential, or tinfoil hat time?

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@shane3628

Shane Crockett

1 month

@BobLji Those guys are focused on lending to institutions and rich people. If you're an everyday person looking to borrow against your BTC, @SALTLending is a great option. We been making it fast and easy since 2016.

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@shane3628

Shane Crockett

1 month

@TaylorHoff145 @mikealfred Correct, why do you think Bitcoin has grown in popularity? The general public starting to catch on.

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@shane3628

Shane Crockett

11 days

@jtjt008 @dotkrueger Farming more food to feed a booming population was a great use of technology to meet demand. Tesla, Samsung, Apple, etc, doubling production for the same number of people with less disposable income to spend will be diluting profits due to surplus. Supply does not equal demand.

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@shane3628

Shane Crockett

18 days

@invest_answers AI productivity = more output More output = More GDP Show me where more GDP is possible without consumption going up, then show me how consumption goes up if less labor is required by companies due to AI productivity. I am confused...

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@shane3628

Shane Crockett

1 month

@Saylor Rule #20 - You do NOT Sell Your Bitcoin!

@SALTLending

SALT

1 month

1/3: 🚨 Exciting News from SALT Lending! 🚨 In case you missed it, we’ve recently lowered our borrowing rates! 🎉 Whether you're looking to leverage your crypto assets for debt consolidation, an amazing vacation, or getting the kids back to school, SALT is here to help!🚀💸

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@shane3628

Shane Crockett

1 month

@Perpetual_BTC @dotkrueger Make more fiat to buy more Bitcoin, don’t sell him short!

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@shane3628

Shane Crockett

26 days

@dotkrueger How about < 30% LTV and no liquidation? 🤔

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@shane3628

Shane Crockett

11 days

@jtjt008 @dotkrueger Your last sentence is EXACTLY why I struggle with the AI productivity concept, because a reduced labor force will create less demand for the very products and services companies produce, regardless if they produced them more efficiently.

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@shane3628

Shane Crockett

4 months

@Adrian_R_Morris We're actually toying with this concept at SALT, but still early innings. Anyone in this MSTR group you think could offer insights or answer some basic questions for me?

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@shane3628

Shane Crockett

11 days

@Invested_In_You Are gains subject to capital gains taxes if withdrawn before 59.5, or just the early withdraw penalty of 10%?

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@shane3628

Shane Crockett

3 months

@fancyrichdoge Even better. 25% CAGR on BTC 12% Interest Only to borrow against it Buy more corn, get a loan against it, do the reno whilst stacking mas sats, live the dream 😎

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@shane3628

Shane Crockett

6 days

@rajatsonifnance Kinda like the wheel; low tech but revolutionary value based on problems it solved.

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@shane3628

Shane Crockett

1 month

@phil_geiger @willcole @unchainedcom @SALTLending Wasn't trying to mislead anyone with false information, I thought the post was in regard to Lending and that was what I was responding to. I see now it was around Trading so I will happily and humbly delete the comment, my apologies.

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@shane3628

Shane Crockett

3 months

@BobLji I'm ~8 books and probably 3,000+ hours of podcasts, videos, online research, etc, into #Bitcoin , so I totally get it. But I'm a technology guy so I also see a great deal of value in Smart Contracts, DeFi, and other blockchain innovations which can help people.

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@shane3628

Shane Crockett

3 months

@PrestonPysh After reading close to 10 books on #Bitcoin and its benefits, I recently discovered "Why Bitcoin" was the best gateway drug I could get for friends and family due to how light, fast, and to the point it is with the key details. @saylor says 100 hours, this book is 100 minutes.

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@shane3628

Shane Crockett

3 months

@BrainHarrington @dotkrueger @fold_app @RobinSeyr @saylor We are considering getting into this space as well, I'd love to see a demo if that's available.

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@shane3628

Shane Crockett

1 month

@sunny051488 Power Law is a histogram with data plotted against time. Some use it to suggest what will happen, most use it to see what actually happened. Humble people are comfortable being wrong if 96% correlation falls dramatically. But "trust me bro" is such a horrible alternative.

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@shane3628

Shane Crockett

2 months

@CJKonstantinos Don't forget about this "stimulus"

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The mortgage reform that could unleash the next big US stimulus

Freddie Mac wants to enter the secondary home equity loan market in a win-win for the government, Wall Street and consumers

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@shane3628

Shane Crockett

1 month

@Scavacini777 @SALTLending

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@shane3628

Shane Crockett

2 months

@bitcoinofficesv Because Bitcoin is legal tender, does that mean it is not used as a collateral asset for lending purposes, or how do banks and other Salvadorian lenders treat it in that regard?

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@shane3628

Shane Crockett

3 months

@Adrian_R_Morris @saylor Hard to disrupt a market which you are middle of the pack and competing with the giants, even with your innovative #Bitcoin strategy. But allocating resources and funds to support BTC backed loans in the tradfi space? That's disruptive front page news.

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@shane3628

Shane Crockett

4 months

@BobLji I'm like 5 days old, still a baby trying to figure out how stuff works!

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@shane3628

Shane Crockett

3 months

@fancyrichdoge What's your reno budget, and what's the total capital available?

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@shane3628

Shane Crockett

2 months

@WealthAutonomy @Invested_In_You @JJsFinclub @lindsaystamp3 Everything carries risk, I was simply observing BTC's dominant Sharpe ratio. I've been borrowing against my BTC for a couple years maintaining a 2+ health factor and 30-40% LTV. Zero liquidations, haven't even come close.

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@shane3628

Shane Crockett

3 months

@Giovann35084111 @Hanakookie1 Let's make it. Step 1 is assembling all the relevant facts and data about Power Law, which I think you've done. Step 2 is looking at Power Laws and their history to understand when or how often models have been wrong, what those rates are, etc. Let's get that data.

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@shane3628

Shane Crockett

3 months

@AlaaKadabra @CJKonstantinos Yes, CJ your connection is pretty spotty brother!

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@shane3628

Shane Crockett

4 months

@heresyfinancial I love your stuff Joe, keep up the good work my friend!

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@shane3628

Shane Crockett

19 days

@OffshoreHODL Runaway interest ballooning deficits and eroding confidence in our debt has been an effective way to orange pill people lately. They seem to understand the debt doom loop and why a hard cap of 21M is a great alternative to the nonstop debasement of the USD.

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@shane3628

Shane Crockett

3 months

@EricOfRivia Careful, some people will take this literally and write Bitcoin in the blank field and check the box

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