Ellz (@EllzOnChain) header
Ellz (@EllzOnChain) profile picture

To those who much is given, much is required. Luke 12:48

Joined June 2024
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My grand unified theory of British politics is really simple. They're retards. That's it, that's the theory. I would say on average, 4 times per week, something will happen and someone will ask me my opinion, and I'll say well what do you think happened, and I'll hear some labyrinthine conspiracy theory about internecine factional warfare, and who is donating to who, and who owes who money, and who is shagging which journalist, and I'll say - ok, but have you considered: the guy is just a fucking retard? And no one can compete with the simple mathematical elegance of this theory. "Why do you think Keir Starmer resigned, do you think Big Right Wing is pulling the strings" (ideas conceived by the mentally deranged) No. I think he's a fucking dipshit. Remember when Boris and the Tories let millions of the lowest skilled people in the world into Britain? And everyone was clutching their pearls going 'oh what do they know, is the polling bad? Is it over?' and it turned out - no, they were just fucking retarded. Like if you start out from this simple truth, 'they're all retarded' and you base all your political assumptions on that, you will be happier, you will be better off, you will be right most of the time, people will think you're possessed of preternatural insight, if you simply read the news and see what guys in Westminster are doing and say 'they're doing that because they are retarded'. I used to keep this a secret because I like grifting retainers out of having some secret occult knowledge about British politics but it's getting to be too much - so I'm just going to start publicising it. They're retarded. That's it, that's the secret. Use that knowledge, vote on the basis of that knowledge, make every significant decision in your life based on this simple truth - your politicians are fucking retarded.
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Ellz retweeted
One of the biggest blockers to experimentation and innovation on Sol is distribution (or lack of). Put simply, if your idea doesn't fit inside the box given to you by the big infrastructure (routing, indexing, etc), then no one will find your token/idea/launchpad etc. Some have tried to counter this by launching a visible token (i.e via pump or wherever) and then directing that attention to their own site but that's still too high friction. Both the expense of building, and the skill required to do so have been reduced 90%, and we should be using this to innovate and experiment. Not just rely on a few big corps to decide what features are 'worth it'. So i'm building Pipeline (it will never have a token, and any potential revenue if it succeeds will be part of the @fffactoryhq ecosystem). Pipeline is a permissionless onchain router for new bonding curves, AMMs, launchpads etc. Creators can register their contracts with Pipeline, and infra (trading bots, terminals, charting) that has Pipeline integrated will pick them up automatically. Anyone that's interested in experimenting with the platform, looking to build something themselves, whether that's things to register with Pipeline, or infra built on top of it, please drop me a dm or comment here. Currently only live on devnet as still running tests etc, will likely build a few fun AMMs/T22 hooks that can be experimented with myself to go with the mainnet launch, but anything extra built by others would be awesome (if you build your own amms, bonding curves, launchpads etc you can charge your own fees on them). github.com/MetalLegBob/pipel…
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HMRC's new customer system will cost somewhere between £1.7bn and £4.4bn. Give or take £2.7bn. Bold to buy software like it's 2015. The entire sovereign AI fund is £640m.
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Mad how Axel Rudakubana's genocidal ancestry has no bearing on his Welsh Choirboyness, even though his parents moved here right before his birth, but I'm completely responsible for Transatlantic slavery 500 years ago.
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Ellz retweeted
IT'S STILL SIX AND A HALF GRAND A MONTH THOUGH, ISN'T IT MATE.
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Replying to @peterrhague
I kid you not, British people see someone earning £100K the same way an American would see someone earning $1m .
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I’ll translate. A Pakistani MSP who, as a Muslim, doesn’t drink alcohol, is telling Scotland that it’s to make pubs safer spaces for folk like him? Have I been transported in to a parallel universe?
If you don’t like pubs, drinking, or the thought of your kids indulging in British culture, it’s generally not a good idea to live in Britain.
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In 1999 you had to earn over 4x the minimum wage to be considered a higher earner on the 40% rate. Today just 1.8x the minimum wage considered high earner! If the same minimum-wage-to-high-earner ratio was applied from 1999 you’d have to earn over £115k before hitting the 40% income tax rate. We’re seeing a level of wage compression that would make a Soviet era socialist blush.
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🇬🇧 real incomes versus the United States by the way. I am by no means suggesting be exactly like the United States, but there are a few things the UK govt could learn from America. Perhaps with a bit less fentanyl which actually they have cracked down on pretty heavily (post for another time)
Mindblowing chart from OBR. In 2029 real household disposable income per person expected to be just 1% higher than in 2019. What an unbelievably awful decade. It used to grow by 2%+ every year, not 1% in 10 years.
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Both migrants live in state funded flats in Westminster Flats most of us can't afford. Uk is a joke.
🚨 BREAKING: Mohmed Abdulkarim and Nouman Essghir, both aged 24, have been charged under the National Security Act over the RAF Fairford plot
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Ellz retweeted
Long on $BTC $SOL here. We will at least see a nice reversal today.
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If you want to know how shafted the middle class is look no further than this stat. UK new minimum wage will now be £27,456 per year Higher-rate tax bracket (40%) 50,270. That is 1.8x difference between the two. When new Labour won In 1997 there was a 5x difference. Absolutely crazy. We need to support the squeezed middle.
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Has your life improved in the last 100 days? In any way? Have your bills gone down? Do you feel richer? Safer? Has your local community improved at all? For the average person, the answer is a resounding NO. Burnham is making tweaks as broken Britain slides further into terminal decline. He’s a talker, not a doer. He hasn’t changed the country one bit so far, and isn’t going to. We need fundamental change - and that's what I will bring. In our first 100 days, we will: Put the Royal Navy in the Channel and stop the boats forever. Begin the mass exit of over 1 million people who illegally entered Britain. We will make it impossible to live here illegally, so many will leave voluntarily. But, make no mistake, the deportation of those who don’t will be enforced. We will increase your tax-free personal allowance from £12,570 to £15,000 to keep money in your pocket. We’ll reduce your annual energy bills by £250. We’ll charge NO interest on loans for nursing students, lift the cap on medical school places and cut student loan issuance by 20%. If my ministers fail to deliver, I'll sack them. Simple as. The stakes have never been higher. It's time we have a government that acts like it.
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Heads up that in the last decade, the full-time equivalent salary on the minimum wage is up 77% from £15k to £26.5k Meanwhile both the personal allowance and the 40% tax band threshold haven't moved in seven years In 2016 someone earning minimum wage paid just £795 of tax a year; now they pay £2,773
🚨NEW: Chancellor John Healey is set to raise the National Living Wage for workers aged 21+ from £12.71 to around £13.20 per hour, while 18–20-year-olds will see their rate increase from £10.85 to £11.27 Both represent an increase of 3.9%
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Ellz retweeted
It's literally that easy? Remove universal credit, and cut disability benefits by 75%. That's all the UK has to do lmfao.
I wanted to visualise Britain's state spending ahead of the Budget, so I've vibe coded an app which presents it as a disk drive. Take a look at the tradeoffs and see if you can make the budget fit: britains-disk.pages.dev
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Ellz retweeted
Replying to @mistor
Check out @jig_app sick site I’ve launched a clash style nft collection jigpad.com/mint/101/D259BuXc…
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Replying to @ramzyyalii
Oh ramzy listen you GOTTA look into @fffactoryhq by @MetalLegBob. Winner of the colosseum hackathon and something you'd genuinely enjoy imo
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A 3.9% increase takes a 40-hour minimum wage job to £27,456/year. Median salary for graduates 15 months after graduating is £28,500. From tax system to welfare and minimum wage, Britain is an economy that undermines incentives for work and the development of human capital.
🚨 NEW: John Healey will increase the minimum wage for over 21s from £12.71 to around £13.20
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An increase to £13.20p/h equates to a minimum wage of £27,456, based on a 40 hour week. Once you factor in employers NI and basic pension contributions, the MINIMUM cost to hire a 21 year old for a company would be £31,461. This is before you factor in any overarching business costs like office space, laptops, phone, software, training, support staff, vehicles etc. This is going to be devastating to SME's who cant put together a simple 12 month budget without the goalposts being moved & their margins squeezed. It'll also be catastrophic to youngsters opportunities because businesses will simply not be able to afford to hire them. What's also incredible is that anything above £50,270 is seen as 'high earnings' in the UK and is taxed at 40%! We are governed by financially and economically illiterate morons. This will not end well.
🚨 NEW: John Healey will increase the minimum wage for over 21s from £12.71 to around £13.20
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