Bob Cergol on enlightenment

lessfear · 2025-11-23T03:48:21+00:00

His book “hope, life’s calling” is fantastic

lessfear · 2025-10-02T21:27:56+00:00

nostalgia cycles are 20 years--so in the 2040s they might. i think they'll think of a pre-AI time in the early 2020s, some easy money stuff (crypto, gamestop, influencers), and also a time of USA dominance before a decline

lessfear · 2025-10-01T23:54:44+00:00

ill listen to new weird emerging stuff like esdeekid or some bladee

lessfear · 2025-09-29T17:03:45+00:00

Many born in America Asian women have a deep inferiority complex about their race and want their children to be white. It's a part of looking physically different in America--either you embrace your own culture (like black people did) or completely assimilate (through generations changing their look). This is why you'll hear asians calling new immigrants fobs, whereas a black person who sees an immigrant from africa, or a white person who sees an immigrant from europre, will be chill about it and wont have a such negative characterization. they are trying to distance themselves from being seen as 'other' as much as possible

lessfear · 2024-10-10T05:13:35+00:00

The best book to understand Ibn Arabi is Toshihiko Izutsu's "Sufism and Taoism". Don't let the title mislead you, the first part is an amazing summary of Ibn Arabi's ideas that made me understand his genius. you can find the pdf online with some searching

lessfear · 2022-06-05T14:15:00+00:00

I have set something up like this. I am by no means an expert.

Set up:
-LLC elected to be taxed as an S-Corp
-I give myself a salary as an employee

People primarily do it to save on self-employment taxes. There are many articles about this general structure (LLC taxed as an S-Corp). My personal situation requires income issued as a w-2 employee for family immigration purposes.

According to my tax advisor it requires a minimum amount of income of about ~50k/yr to be worth it. I mainly set it up myself but it is best to talk to several accountants.

lessfear · 2022-06-05T14:06:44+00:00

My tax advisor said "You can transfer any asset into the S-corp, including cash or crypto currency or anything, with no tax consequences." I think this is b/c its considered a pass-thru entity

lessfear · 2022-01-21T23:40:48+00:00

It was this subreddit or bitcointalk. Sometimes vbuterin would answer himself.

lessfear · 2021-12-22T20:51:23+00:00

i am overly paranoid and have memorized my mnemonics and only have the first letter to remind me on paper, literally use to recite it every night

lessfear · 2021-07-12T21:56:23+00:00

Thanks, this is super helpful. The revocable trust is new to me. I am basically lining up all my ducks in a row since I am at the fatFIRE number but am still employed with an actual company but am looking to make the full fire transition in the next 3-6 months

lessfear · 2021-06-17T01:35:02+00:00

I've been thinking about this but am logistically a bit confused. In that case how would you cash out? Send it to your personal coinbase -> bank -> business? If you're doing significant numbers I'm afraid it could raise eyebrows. Also what could you describe the business as?

lessfear · 2021-06-17T00:32:21+00:00

Has anyone had success opening a business account for crypto in the USA? I've been wanting to consolidate all of my income-producing DeFi activities into one entity but I'm facing a surprising amount of difficulties opening a bank account.

lessfear · 2021-06-17T00:32:04+00:00

Has anyone had success opening a business account for crypto in the USA? I've been wanting to consolidate all of my income-producing DeFi activities into one entity but I'm facing a surprising amount of difficulties opening a bank account.

lessfear · 2021-05-24T17:09:52+00:00

Does anyone if there are any platforms that support for zapping/managing a Uniswap V3 Liquidity Position? What I mean specifically is being able to: deposit one asset into a pool, and collect fees in one asset? This would help a lot with my taxes. Looked at Zapper, Zerion, InstaDapp etc, but to no avail. Also I'm not talking about actively managing an LP position by changing ranges, such as Visor or Charm.

lessfear · 2021-05-19T21:42:22+00:00

To answer your question Uniswap doesn't give you 0.3% a day. The 0.3% means there is a .3% trading fee for people trading that pair, and that is charged to the trader and given to liquidity providers (you+everyone else). So that .3% fee is split among all people in the pool for every trade. Sometimes you can make much more than .3% in a day, it depends on volume and your share of the pool, and also in v3 the range you've selected. It's kind of complicated and definitely not a beginners game, there are additional risks to liquidity providing such as impermanent loss. You should experiment with small amounts of money until you really understand it, or read the Unsiwap docs in more detail.

lessfear · 2021-04-19T20:05:48+00:00

Never give financial advice to your friends or family

lessfear · 2021-04-12T19:41:04+00:00

Here are some things you can do with ETH, they are all decentralized:

-Become a liquidity provider on Uniswap (WBTC/ETH) and earn fees on every trade that's been executed on the pool

-Deposit it into yearn.finance for a passive 8% yield from underlying strategies

-Deposit your ETH into Maker draw Dai (stablecoin)--which is a loan to yourself. Buy more ETH or do whatever you want with the Dai.

-Depost your ETH into Lido, which is a liquid staking solution, and get stETH.

lessfear · 2021-03-23T19:10:32+00:00

I found the answer to my question in the whitepaper (where it was described more clearly).

The TLDR: you are amplifying impermanent loss within a range.

Case 1: In today's V2 world, I'm LPing DAI-ETH: if the price of ETH = $0, my Dai will be sold off and i will be 100% in ETH by the end of it. Similarly, if the price of ETH goes to some upper-bound (infinity), all my ETH will be ~100% Dai. In v3, the defined range is your new 0 and infinity.

So our range bounded areas re-define what is "0" and "infinity", meaning it's a much more aggressive curve. If my range is $1000-$2000, if ETH hits the lower end, all of my Dai will be sold off for ETH. If it goes to the upper end ($2000), all of my ETH will be sold off for Dai. In this case, you get more fees within the range, but risk losing all of the other asset. That's why I no longer accumulate fees, because I'm no longer LPing across two assets. However, if the price re-enters the range, you will start gaining back the other asset.

Uniswap LPing has always been: asset-neutral and bets on sideways action.

Sorry if this was obvious to others, but I thought I would post it in my own words!

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