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 @strike and others like Unchained, Ledn, @Debifi 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 @jack mallers 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 @Michael Saylor 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.