Tony Carrera

2025 has been rough. nostr:note1m7jtxyyhhaz0kh3rrynvfel8g5dg904p9vcjrmmhklcwralxydnqxv28vx

Great to go back and listen to some of the original Bitcoin podcasts. Here’s Andreas Antonopoulos’ first appearance on the Joe Rogan podcast 11 years ago. Very much worth watching. https://youtu.be/1cexawnOlR8

In your quest for wealth, you often overlook what truly has value.

Any Bitcoiners out there need lighting or lighting advice/consultation? Would be great to meet other Bitcoin folks and help them with their residential or commercial lighting! A/V integration, fixture specification, lighting layouts, quotations/bids, etc. #plebchain #BitcoinJobs

Woke up today thinking – again – how a lot of people are chameleons. Morphing to please other people. People they barely even know. No opinion or thoughts of their own. Everything they think changes based on their environment, who they are talking to, or what group of people they are with today. They’ll even turn their back on a friend and join a group making fun of them. Don’t be one of these people. If you recognize this in yourself, work hard to understand why and work to fix it every day. Having character and standing up for what you believe in is undervalued. #gm

Bitcoin treasury companies (BTCTCs) are deploying their capital to buy bitcoin in one of two ways. Lump sum or DCA. I would argue it’s better for a BTCTC to buy lump sum at their size (like Strategy $MSTR or Metaplanet $MTPLF). Some other companies like Smarter Web $SWC $TSWCF prefer to DCA over the short-term, hoping to get a lower average price. DCA works with smaller sums but eventually Bitcoin will run and shareholders will be affected by eventually buying at a higher price. Picking up pennies in front of a steamroller. Thoughts? Any interest in Bitcoin treasuries here on nostr? nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs

GM! Enjoy your Saturday. Here I just brewed an espresso on the Moka pot. Sip sip. #coffeechain #plebchain #grownostr #gm

GM! Sometimes I spend time and really think about where I am, where I want to be, and the gap in between the two. Sometimes difficult decisions are required to make the leap to cover the gap. There’s a chance I’ll miss and fall on my face but the reward if I make it would be worth the attempt. These difficult decisions are easy to put away for a later time but you miss opportunities. Cheers to the risk takers out there. I don’t think there are as many of us as I thought. I kind of envy those seeking safety at times, there’s a comfort in it but to me the biggest risk to safety is being too comfortable. Bitcoin helps see life from a different angle. Hope all the #nostriches are having a great day and better week! #plebchain

Meet $STRD - Strategy's newest fiat extraction vehicle to continue accumulating Bitcoin. 10 % yield + a rising floor? "Say more" as Tad Smith would ask. STRD complements their existing preferred stocks (STRK, STRF), diversifying their capital-raising tools while reinforcing their position as the largest corporate Bitcoin holder. Investors can choose STRD for Bitcoin upside or STRK/STRF for steady dividends, depending on their goals. Key points: • 10 % annual coupon – paid only when the board feels like it (non‑cumulative). • Ratchet clause: the $100 face value resets each day to the highest of $100, yesterday’s close, or the 10‑day average. Floor moves up, never down. • Of course, the proceeds go to buy more bitcoin and run the business. • Company may call all shares once <25 % remain outstanding. How does $STRD compare with $STRF or $STRK? See table below. It's getting hard to keep up with all the BTC treasuruy companies and Strategy's continued innovations! What a time to be an investor. #gn #news #grownostr #plebchain #MSTR #STRD #STRF #STRK nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz https://www.strategy.com/press/strategy-announces-proposed-strd-stock-offering_06-02-2025

Curious about President Trump's “One Big Beautiful Bill” tax relief benefits? • Eliminates taxes on tips and overtime pay. • Allows deduction of up to $10,000 in interest on loans for U.S.-made vehicles. • Increases Child Tax Credit to $2,500 through 2028. • Raises the SALT deduction cap to $40,000 for couples earning under $500,000. • Makes 2017 tax cuts permanent. • Provides a $1,000 "Trump Account" for children born between 2024 and 2028. • Adds a $4,000 deduction for seniors over 65. Lots of people are excited but if you stop and think about it, how do we make up for the tax revenue this bill avoids? Yes, it will stimulate the economy because people will feel richer and inevitably spend their savings but it won't be enough... The fed will print. A lot. That money printing will eventually lead to inflation, which will hurt a lot of people. Regular folks, blue collar workers, with little to no ownership of hard assets will suffer in the long-term. Those closest to the printer benefit. Those owning hard assets will win. Buy hard, scarce assets. Buy bitcoin. Buy gold. Buy valuable real estate. Buy quality stocks. Protect your wealth, yourself, and your family. Read "The Big Print" by nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv , "The Bitcoin Standard" by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak , "Broken Money" by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a , "Guide to Investing in Gold and Silver: Protect Your Financial Future" and watch all the episodes of "Hidden Secrets of Money" on Youtube (https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc) by Michael Maloney. nostr:nevent1qqsy8mldtj6sgpwvu9tzn8wrg6apxjyksnu7d5wwt2znx0khnpk2hlszyzndedypan4lukxqdj8y3jxpal5f2uw9txsxun04e2vtmvgsnv297qcyqqqqqqgpp4mhxue69uhkummn9ekx7mqqllpjw

Are you a small business owner and curious about President Trump’s “One Big Beautiful Bill”? Below are some of the key benefits: •QBI Deduction Increased and Made Permanent: The Qualified Business Income (QBI) deduction for pass-through entities (e.g., sole proprietorships, partnerships, S corporations) is increased from 20% to 23% and made permanent. •Section 179 Deduction Expanded: The cap for immediate expensing of qualifying property under Section 179 is increased from $1 million to $2.5 million, with phase-outs beginning at $4 million. •Bonus Depreciation Extended: Allows 100% bonus depreciation for qualified property acquired and placed in service after December 31, 2024. •Research and Development (R&D) Expensing: Permits full expensing of R&D expenditures incurred in the U.S. from 2025 through 2029. •Business Interest Deduction: Reinstates the ability to deduct depreciation and amortization when calculating the limit on business interest deductions. •Estate Tax Exemption Increased: The estate tax exemption is increased to $15 million starting in 2026, adjusted for inflation thereafter. •SALT Deduction Cap Raised: The State and Local Tax (SALT) deduction cap is increased to $40,000 for married couples earning under $500,000. •Limitations on SALT Cap Workarounds: Disallows certain pass-through entities, particularly specified service trades or businesses (SSTBs), from utilizing state-level pass-through entity taxes (PTETs) to circumvent the SALT deduction cap. •Support for Small Business Growth: The bill includes provisions aimed at enhancing small business relief and promoting investment in domestic manufacturing, with projections of securing over 7 million jobs in the next four years. #gm #trump #potus #smallbusiness #news #taxes #grownostr #plebchain

Choose to be strong. Make your own decisions. Own your mistakes. Don’t be a victim. Life can suck. Challenges will come, sometimes all at once. Man up. That goes for women too.

Can you retire borrowing against your Bitcoin forever ("buy‑borrow‑die")? Now that nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jqjrm2qp and others like Unchained, Ledn, nostr:nprofile1qyfhwue69uhkcmmrv9kxsmmnwsarwdehxuqjyamn8ghj7mnpwvh8jatwd9jhyun0v3exjem4v4azucm0d5argwp58qhsqgpfzgk72hyql95jr35ywwdjvu4p4ulgezqgys6kafl2yrrzq52jzqmxlfwh allow for relatively easy Bitcoin-backed loans, the question is... Can you just roll over the debt forever? That's kind of the goal isn't it? Have Bitcoin appreciate in value over the borrowing cost and roll over the debt and live happily ever after? Let's see... Short answer: Maybe. Only if you control five risks – and 12%+ APR makes that challenging. Risk #1 –  Volatility risk Volatility ≠ risk when you long-term hold but it is with loans! Borrow too much and the volatility can trigger liquidation (margin call anyone?). Even big names get margin‑call pressure: Newsweek ran a piece on how a deep Tesla price drop could force Elon Musk to sell pledged shares. Rule of thumb: keep loan‑to‑value (LTV) below 25 %. That survives ~60 % price drops before hitting a liquidation trigger. Risk #2 – Interest‑rate risk Bezos and Musk borrow at 2‑4 % because banks love ultra‑liquid mega‑cap stock collateral. Unfortunately you're not Bezos or Musk, and banks still consider Bitcoin highly risky so you're stuck with high APR's for now (12%+ as of now, though nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc hinted at sub-double digit offerings). If BTC returns stall below the rate for a few years, interest snowballs and you shrink instead of grow. I know nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz says it's 30% ARR but there could be a massively down year that can wipe you out if you get too greedy. Risk #3 –  Refinance risk Rolling the debt “forever” assumes lenders always renew on friendly terms. In a risk‑off market they can raise the rate or refuse rollover. In extreme cases, there may not even be a lender available and you have to sell BTC to cover or find highly unfavorable terms. Risk #4 –  Custody / rehypothecation risk Some crypto lenders re‑lend or rehypothecate your BTC. If they blow up (see Celsius, BlockFi) your collateral can vanish even when price goes up. Recently, Mallers cleared this up with Strike (no rehypothecation) and others listed above seem to mostly be on the same page but there's still a risk of them losing your BTC in a hack or some other black swan event. Risk #5 –  Regulatory & tax risk Congress has floated closing the “buy‑borrow‑die” loophole. New regulations could tighten BTC‑secured lending or change step‑up rules. The ultra-wealthy can borrow cheap, on very liquid collateral, and usually keep LTV ultra‑low. You, fellow pleb, even with a 10 % APR, would need BTC to have double‑digit returns every single year just to break even after tax and loan costs. Yes, borrowing is "tax-free" but if you ever have to sell BTC to cover, it will be a taxable event. So can it work? Yes! But only at low interest (hopefully soon) and low LTV. High APR's carry real danger: one bad year of flat or down BTC price plus rising rates can wipe out years of compounding. If you want to do this: keep borrowing small (≤ 25 % LTV), stockpile an interest buffer, and be ready to shrink the loan quickly when #BTC moons (if it helps you sleep at night). Not financial advice. Do your own research. #gm #gn #nostr #plebchain #bitcoin #loans

There really are a lot of wannabe experts, gurus, and pretend millionaires (even billionaires). Speaking confidently fools a lot of people. Don’t trust, verify.

It’s hard to know the difference between giving up, giving in, letting go, and moving on.

Bitcoin treasury companies (or LBE’s — Leveraged Bitcoin Equities) like Strategy, Metaplanet, and Semler are difficult to value. Each has its own unique attributes. All, except for the recent 21 Capital ($CEP/$XXI), have existing operating businesses, which makes valuation a bit trickier. So how do you figure out which one offers the best bang for your buck? The easiest metric is the mNAV — the multiple of its Bitcoin holdings. You can mean-revert in and out of these if you want to reallocate between them, and it could be a way to outperform simply buying and holding one company. Rotating out of the high mNAV companies and into lower mNAV companies could be a strategy. Here are some very basic mNAV numbers for $MSTR, $SMLR, $MTPLF / $3350, $KULR, and $CEP / $XXI, calculated from recent data (some of these have been much higher on the richer side in the past). It’s still early in the mNAV journey. 21 Capital literally just launched last week, so these numbers will change — but it could become an interesting portfolio reallocation method for those into $BTC and Bitcoin proxies. What do you think? #gm #bitcoin #mstr #smlr #mtplf #3350 #cep #xxi #kulr #plebchain #asknostr #btc #stocks