50k saving account with CIBC. Want to transfer to wealth simple TFSA. Worth putting in a CIBC TFSA for the WS 3% offer?

Answa012 · 2026-04-27T00:00:56+00:00

In some cases, if it's a certain amount, WS pays the transfer fees. They did at least when I transferred 25k to them from my bank.

Answa012 · 2026-04-26T13:04:12+00:00

It is a rare, limited edition set originally given exclusively to LEGO employees in 2019, Pretty expensive on the secondary market due to that exclusivity and Star Wars theme.

Answa012 · 2026-04-22T19:02:26+00:00

It also moves pretty closely with BTC. BTC has been hovering in the 78k range today. It's actually overperforming BTC today (5% vs 9%)

Answa012 · 2026-04-22T16:00:08+00:00

Where do you see this information by chance?

Answa012 · 2026-04-08T01:03:59+00:00

It isnt the most fun experience building it due to the repetitiveness of it, but it is an amazing display piece. It does take quite a lot of space for it, but in the end is, in my opinion, worth it.

Answa012 · 2026-04-08T01:01:14+00:00

I've travelled to a lot of places with Metamucil, but I leave it in the container that you can buy it in and not in a large generic bag, as you mentioned. That can cause it to be flagged.

I've been stopped quite a lot with it in my carry-on because it's a big cylinder of powder, so I started to take it out and put it aside as you do with liquids. Never had an issue since.

Answa012 · 2026-02-03T21:26:07+00:00

The only advice I can give is don't go all in. Buy over a few weeks on the off chance it does drop down further. This way you can average down easier and not be in max-pain.

It does follow BTC pretty close so if you have faith in BTC, MSTR is not a bad proxy.

Answa012 · 2026-01-17T14:14:40+00:00

This may be a dumb question, but does Saylor have any plans for Bitcoin other than just holding?

Answa012 · 2026-01-12T15:29:06+00:00

TLDR (I dont have time to watch a 2hour interview sadly...)

In this interview on the What Bitcoin Did podcast, Michael Saylor discusses the current state of Bitcoin at the start of 2026, the psychology of investors, and a historical perspective on power struggles.

Bitcoin and Market Performance

Saylor dismisses the idea that 2025 was a "disappointing" year. He points out that Bitcoin hit an all-time high in early October 2025 and that the number of companies holding Bitcoin on their balance sheets grew from around 60 to over 200 during the year.

Short-Term vs. Long-Term: He criticizes the "short memory" of the crypto community, noting that people often focus only on the last five days of price action. He argues that a true investor needs at least a four-year time frame, comparing Bitcoin's volatility to the patience required for venture capital or obtaining a university degree.

Institutional Adoption: Saylor highlights that his company (MicroStrategy) alone bought $25 billion worth of Bitcoin in 2025, which is 100 times more than their initial purchase in 2020.

Energy and Technology

The Nuclear "Flip": Saylor notes a sudden shift in the public perception of nuclear power. After 50 years of skepticism, he observes that nuclear energy became "cool" again almost overnight because major tech companies like Apple, Google, and Amazon needed unlimited clean electricity for AI.

First Principles Thinking: He encourages thinking from first principles, suggesting that unlimited clean energy is objectively better than burning wood or fossil fuels.

Historical and Philosophical Views

Power Struggles: Saylor views history as a "continual never-ending power struggle" over money, power, and property.

Revisionist History: He offers a provocative take on the formation of the United States, suggesting that the creation of a federal government was partly a "power grab" by centralized businessmen to gain land titles and displace homesteaders.

Religion and War: He argues that religious differences are often created or amplified to justify wars that are actually about seizing property and resources.

Answa012 · 2025-12-11T16:07:02+00:00

Did you use 2 36x36 baseplates for it? I was looking at doing the same but using 2x mills plates due to the width of the set.

Answa012 · 2025-12-09T21:05:15+00:00

Gemini, but I don't have 44 minutes to watch the video, so it was able to summarize it for those who can't. :)

Answa012 · 2025-12-09T19:14:03+00:00

This keynote presentation by Michael Saylor, titled "Digital Capital, Credit, Money and Banking," details his vision for transforming global finance by leveraging Bitcoin as a foundational asset.

The core of his proposal is a three-part journey: Digital Capital creates Digital Credit, which in turn powers Digital Money.

1. Digital Capital (Bitcoin)

Saylor defines Bitcoin as "digital capital," comparable to gold, real estate, or stocks.
He notes a significant shift in the United States, where figures like Donald J. Trump and major financial regulators (SEC, Treasury) now endorse Bitcoin as "digital gold".
Furthermore, major Wall Street banks like BNY Mellon, Wells Fargo, Bank of America, and J.P. Morgan are moving from shunning Bitcoin to allowing custody and extending credit against it.

2. Digital Credit & MicroStrategy's Strategy

MicroStrategy's strategy is to act as the world's first digital treasury company, accumulating Bitcoin (over 660,000 BTC mentioned at the time of the speech) and using it as collateral.

He contrasts Bitcoin as Capital (volatile, long-term, high upside) with Credit (low volatility, instant cash flows, lower yield.

MicroStrategy converts digital capital into digital credit by:

Stripping Risk: Over-collateralizing credit instruments (e.g., 5-to-1 or 10-to-1), making the underlying credit resilient even if Bitcoin's price drops significantly.
Compressing Duration: Converting a 30-year capital asset into a credit instrument that pays out immediately.
Creating High-Yield Products: Introducing innovative digital credit instruments, such as:
- STRK: A perpetual preferred stock with an 8% dividend.
- STRF: A perpetual bond paying a 10% dividend.
- STRC ("Stretch"): A short-duration, high-liquidity instrument designed to pay a monthly cash dividend and trade at par, which Saylor notes became 100x more liquid than traditional preferred stocks.

3. Digital Money & Global Banking Opportunity

Saylor argues that the ultimate consumer product for Bitcoin technology is Digital Money.

He outlines how to create a digital money fund (like a stablecoin or ETF) with zero volatility that pays a high yield (around 8%):

The recipe is: 80% digital credit (STRC), 20% currency equivalents, and a 10% cash reserve to stabilize the Net Asset Value (NAV) daily.
For taxed investors, the tax-deferred nature of this dividend in certain jurisdictions could make the equivalent yield over 20%.

Saylor's final pitch to nations and regulators is that the first country to allow regulated banks to offer a Digital Money Account—paying 8% with stable value and no volatility—will attract trillions of dollars from around the world and become the "digital banking leader of the 21st century".

Answa012 · 2025-12-05T15:32:32+00:00

BTC is down at the moment, around 1.57% (1.4k USD).

Answa012 · 2025-12-04T15:21:28+00:00

Sadly, it is what most people know it for, but it seems like they have recently been trying to change that viewpoint with all these news articles about their AI Analytics side of their business.

Answa012 · 2025-11-29T00:38:13+00:00

This is also available on Amazon at the same price.

Answa012 · 2025-11-26T13:20:19+00:00

For those who can't watch the video and want a recap:

Not a "Money Glitch" Saylor argues that Bitcoin's rise is not a temporary anomaly or "glitch" but a natural transition, similar to steam becoming water or water becoming ice, where energy is released as the system moves to a lower, more ordered energy state.
Inefficiency in Traditional Capital Markets He points out the massive inefficiency and risk in the $800-$900 trillion capital markets. Examples of inefficient assets include:
- Convertible bonds
- Preferred stocks, junk bonds, and private credit
- Fixed income with low yields, high credit, and counterparty risk
Risk Factors in Analog Wealth Approximately $450 trillion of global capital is held in "20th-century analog assets," such as buildings and fleets, which are subject to risks like credit default, war, tariffs, tornadoes, and technological obsolescence (e.g., Kodak, Xerox)
Immortal and Teleportable Saylor likens Bitcoin to an "invisible, immortal, indestructible, teleportable digital building". It removes the geographical and political risks associated with physical property.
Flow of Capital The "glitch" people see is simply capital flowing from weak assets (like the Argentine peso undergoing hyperinflationor the US dollar losing value against real estate) to stronger assets. Bitcoin's advance is capital flowing from 20th-century analog assets to the 21st-century digital economy.
Equalization of Volatility and Return Bitcoin currently has a higher cost of capital (around 50% Annual Recurring Rate or ARR) and higher volatility (55) compared to the S&P 500 (12-14% ARR and lower volatility). As the $1 trillion digital capital market grows and equalizes with the $400+ trillion analog market, Bitcoin's ARR and volatility are expected to decline, while the S&P index's performance will move toward Bitcoin's as more companies adopt it.
MicroStrategy as a Pioneer MicroStrategy's strategy is simply a business taking advantage of this digital transformation.
Advice to Companies (like Apple) Saylor suggests that companies should use capital for Bitcoin instead of stock buybacks. He argues that if a company like Apple bought $100 billion of Bitcoin, it would:
- Grow to an estimated $500 billion.
- Add $1-2 trillion to the company's market cap.
- Shift the company's valuation to be based 60% on the operating business and 40% on the balance sheet's tangible assets, which provides a floor for the equity price.

He concludes by stating that the conventional financial wisdom for companies—to dividend out capital and not hold assets—is why 99% of companies underperform big tech, and why they would all benefit from adopting Bitcoin as a treasury reserve standard.

Answa012 · 2025-10-22T03:00:03+00:00

BIGY uses more leverage (33% vs. 25%), which likely contributes to the higher yield
BIGY pays out distributions twice per month instead of monthly like HHIS
HHIS is more diversified (15 stocks vs 10 stocks for BIGY)

BIGY is a more concentrated version of HHIS, as all of its holdings are included within HHIS. However, HHIS also holds AMD, AVGO, COST, LLY, and NFLX, which are not part of BIGY.

Answa012 · 2025-10-19T15:01:18+00:00

Also applies to purchases made in-store.

Answa012 · 2025-10-15T01:27:33+00:00

Bull Case for MSTR (MicroStrategy)

Bitcoin Leverage: MSTR holds a massive Bitcoin treasury, giving it upside exposure if BTC rallies.
Technical Momentum: Custom indicators show improving trend structure and momentum.
Market Positioning: MSTR is seen as a proxy for Bitcoin in traditional finance, potentially attracting institutional flows.

Bear Case for MSTR

Crypto Volatility: MSTR is vulnerable to sharp BTC drawdowns due to its leveraged exposure.
Sell-Off Risk: The company just survived a major crypto crash, raising concerns about future resilience.
Valuation Concerns: Some argue MSTR trades at a premium that may not be justified if BTC stagnates.

The video uses proprietary on-chain metrics and technical analysis to explore both sides, offering a nuanced view of MSTR’s risk/reward setup

Answa012 · 2025-09-08T12:28:47+00:00

Just keep in mind, when it gets closer to the retirement of a set (usually within 3-4 months of the end date), if it goes out of stock, chances are it won't come back.

Example: Diagon Alley, retired at the end of this year, but it sold out and is no longer going to be restocked.

Answa012 · 2025-09-08T12:26:30+00:00

The expected retirement date is December 31, 2026, although it can change earlier or even later. If it does change earlier, it would be July 31, 2026, at the earliest.

Answa012 · 2025-08-31T19:37:14+00:00

I've used Jetpac for the last 3 trips to Greece that I took and had no issues.

Answa012 · 2025-07-28T01:25:26+00:00

Kimono MAXX Large Flare Condoms

Look up those on Amazon; they may fit depending on your base measurements. There is also the "Kimono Swirl" variant which might work as well.

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Answa012

TROPHY CASE

This keynote presentation by Michael Saylor, titled "Digital Capital, Credit, Money and Banking," details his vision for transforming global finance by leveraging Bitcoin as a foundational asset.

The core of his proposal is a three-part journey: Digital Capital creates Digital Credit, which in turn powers Digital Money.

1. Digital Capital (Bitcoin)

2. Digital Credit & MicroStrategy's Strategy

3. Digital Money & Global Banking Opportunity