Shawn Price @sprice
Founder • Coach • Creative coder • CTO • Writer • Building onchain products for creatives since 2017 shawnprice.com Vancouver, BC Joined March 2007-
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Do simple + hard things • read every day • meditate every day • write every day • eat clean every day • exercise every day Notice the pattern?
Do simple + hard things • read every day • meditate every day • write every day • eat clean every day • exercise every day Notice the pattern?
This is an incredible package and execution on how operate a business. Amazing way to align a culture with full skin in the game.
This is an incredible package and execution on how operate a business. Amazing way to align a culture with full skin in the game.
If all goes well it will eventually be hundreds of thousands of crashes and thousands of deaths.
If all goes well it will eventually be hundreds of thousands of crashes and thousands of deaths.
“regardless of whatever this evidence may be”
“regardless of whatever this evidence may be” https://t.co/B79u6gY0pn
“NPC house parties”
Self described socialists are liking this post. We’re on to something here folks.
This #Budget2024 capital gains conversation is a good opportunity to once again remind people who the baddies are.
I didn’t realize it until reading @guexx that every single Canadian who owns a share of Canadian equity (directly or via an ETF or mutual fund) just experienced a tax increase. That’s roughly 40% of Canadians.
The is at the heart of the capital gains tax conversation in 🇨🇦
US: - First $10M can be tax-free, per company - 20% on the rest Canada: - First $1M is tax free but probably not - 33% on the rest This is knife to a gun fight type stuff. It's not about the tech bros. It's about building things here.
Having connected with my accountant, “it would seem” small business owners are not exempt from an increase of the inclusion rate on capital gains. Many small business owners invest for their retirement within their corporation. That just got a lot harder to do.
Having connected with my accountant, “it would seem” small business owners are not exempt from an increase of the inclusion rate on capital gains. Many small business owners invest for their retirement within their corporation. That just got a lot harder to do.
I’ve been tweeting about the impact of the 🇨🇦 budget on small business owners who will have a harder time saving for retirement. The score is: 83 likes/retweets/comments by those in support A single “Nope” against (from a partisan no less) I thought we wanted to tax the rich?
This guy, a plumber. Choosing risk and skin in the game for the chance of greater agency and meaning in life Too many, with their email jobs pulling ~$100k/year + benefits excited that the government is “taxing the rich” Me, understanding why 🇨🇦 has negative GDP/capita growth
This guy, a plumber. Choosing risk and skin in the game for the chance of greater agency and meaning in life Too many, with their email jobs pulling ~$100k/year + benefits excited that the government is “taxing the rich” Me, understanding why 🇨🇦 has negative GDP/capita growth
Many such cases
> increase access to venture capital for equity-deserving entrepreneurs. Thankfully we (startup founders) are mentally ill. Show me the money!
> increase access to venture capital for equity-deserving entrepreneurs. Thankfully we (startup founders) are mentally ill. Show me the money!
These new AI music tools like @udiomusic and @suno_ai_ are amazing. Do these or other tools allow me to both include a text prompt as well as attach a short mp3 sample to riff of of? (Both Udio and Suno seem to be txt2sound only)
Brother Dawn, Brother Day, Brother Dusk
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I would like to introduce you now to my Tokyo Blind Date She works as a mechanical engineer in the medical device industry I am not going to give her name for her privacy but maybe she will post here on my account soon She saw my post for the trip and sent me an email Her…
@cathsimard_ @sprice If you can get this far, then once the funds/crypto hits your Canadian company’s bank account or wallet, then you can pay yourself normally and pay personal taxes on the personal income. (I am 100% not an accountant. But have had some convos around these kinds of questions.)
@cathsimard_ @sprice You want to ask specifically about the Double Taxation Avoidance Agreement (DTAA). “Income repatriation refers to the process of transferring profits or earnings generated by a foreign subsidiary or entity back to its parent company or headquarters in another country.”
@cathsimard_ @sprice Talk to an accountant or tax lawyer. They will be able to tell you which countries have the best treaties with Canada. I believe BVI might be a good one. But a tax lawyer will be able to tell you about Controlled Foreign Corporation rules that would apply to your sales/revenue.
Orchid update
As much as the 🇨🇦 budget proposal racks my brain, I’m long Canada. Ain’t no bagel like a Montreal one. Ain’t no shawarma like an Ottawa one. Ain’t no omakase like a Vancouver one. And then there’s toronto. It’s got all the food. All of it.
@Longtermthinke2 @sprice @NyaPfanner That 250000 threshold is for individuals. Any gains within a corporation are now taxable at the higher rate.
US: - First $10M can be tax-free, per company - 20% on the rest Canada: - First $1M is tax free but probably not - 33% on the rest This is knife to a gun fight type stuff. It's not about the tech bros. It's about building things here.
@sprice Ooh we can hope for that in the second dump of groceryleaks (cfor loblawsleaks… haven’t settled on the pet name yet 🤣) - I would love point in time comparisons too. Like by how much has GPM changed in 2020 vs 2022 vs 2024 etc.
Users can now install "Gift Warps" on other non-Warpcast Farcaster apps by installing an action.
Multiple apps support actions Farcaster actions are permissionless. They work on Warpcast, Nook and Buttrfly on Day 1. warpcast.com/v/0xbb2ed1b9 warpcast.com/slokh/0xbade88… warpcast.com/moe/0xae23ddf6 Action directory warpcast.notion.site/Farcaster-Acti… Developer docs notion.so/warpcast/Spec-… Open…
Introducing Farcaster Actions Farcaster Actions are like Chrome Extensions for a social network. Developers can build actions that users can install to their Farcaster app in a few taps via a frame. Works on mobile and web Links in next tweet.
Like this post if you dig Ayn Rand. If you do like her and you are afraid to hit like, don’t you think that’s concerning?