Building Zaprite. Former CPO - Unchained and Stack Overflow. Bitcoin fixes everything.
Texas, USA
- Tweets 6,114
- Following 662
- Followers 9,638
- Likes 36,099
Bitcoin’s most serious competition predicts current 10 year olds will pay back a 27 trillion dollar debt they didn’t create.
72
350
2,457
#Bitcoin at $72k is exciting, but don't lose sight of the fact that Ethereum still has over 60% of it's outstanding coins as part of an insider pre-mine, has no discernible or credible monetary policy, has reversed it's ledger to protect insiders, and doubled down on centralization moving to proof of stake. Their greed would make world central bankers blush.
These shitcoiners will continue to try and lump themselves in with bitcoin when convenient (the affinity scam), and because they are completely centralized, can - and do - lobby governments to to attack bitcoin.
129
189
1,581
296,778
Like Beyond Meat, Ripple couldn’t sell their unholy slop unless they make it superficially appear like something people like (burgers:bitcoin). They cannot survive much less thrive on their own, and will do anything to cling to bitcoin’s credibility to deceive investors and customers.
243
123
1,299
91,048
Real life Monty Hall problem. One of these breakfast tacos has steak. I want that one. I pick the far left. Wife tells me far right taco is black bean. I switch to the middle taco. I win steak.
29
254
1,293
Downloaded the Coinbase app a few days ago for testing. This is not a serious place to custody millions of #bitcoin.
109
73
1,116
131,312
Holding your own bitcoin keys is not more complicated than: operating a mobile phone/computer, sending mail/packages, driving a car, paying bills, keeping family heirlooms safe. It's just new. Everyone will do it.
48
147
1,048
The debt ceiling is fake. The fight over it is fake. Full faith and credit is fake. We’ve already defaulted/monetized the debt. The only thing that’s real is the 21 million supply cap.
19
119
777
72,467
We’re about to experience the greatest contrast in monetary policy ever seen. As world fiat currencies inflate rapidly over the next ~52 days, bitcoin issuance will cut in half. For people who haven’t taken notice yet, this will be nearly impossible to ignore.
19
165
738
BlockFi bailed out by FTX, FTX bailed out by Binance. Is there another clown casino larger than Binance or will their inevitable collapse be the last one?
51
51
672
CB: That’s some nice BTC you got there. Want a loan against it?
You’ll give me dollars?
CB: Something sorta like dollars.
That’s annoying. But when I pay it back you’ll give me back my bitcoin?
CB: Huh? lol no. We’re going to wrap it up in the Ethereum network hahaha. Deal?
51
46
657
46,478
Dogecoin is not funny. Alt season is not exciting. Blatant affinity scamming should be accompanied by reputation loss. Maximalism is the antidote.
41
46
560
10 years ago, the Cyprus bail-in was big news and I wrote this. #Bitcoin price was ~$70. We’re due for an upgrade.
What would you rather own: a bitcoin or $23k in a United States bank?
22
107
563
65,628
When Trump airdrops 2,000 of his shitcoin on us, do we have to pay taxes when selling them for bitcoin using their value at the time of the airdrop, or can we mark to market after the 5.7 trillion premine is claimed by the leveraged hedge funds through repos?
19
94
553
Remember when it was the Ethereum Foundation that lost money? They didn’t halt trading (but did try), they reversed the ledger. “Blockchain” does not fix the GME situation. Only bitcoin has a credible claim to decentralization and censorship resistance. Don’t be fooled.
13
75
473
If you’re concerned about China banning Bitcoin, I have distressing news. China will ban Bitcoin in 2022. And 2023. And 2024. Bitcoin could fall over $400,000 during 2025’s ban. Might be time to get out.
16
89
465
I went to school with Ross through 8th grade. He was always a good kid. His continued imprisonment is a travesty. Clemency now!
EXCLUSIVE: President Trump is weighing granting clemency to Ross Ulbricht, the founder and former administrator of the world’s most famous darknet drug market, Silk Road, The Daily Beast has learned trib.al/LeApQRK
8
22
433
Elizabeth Warren pretends to be against big banks in public, but has the banks author her bills to protect them in private.
It reminds me of the decades she presented as a white person in public (for obvious reasons), but in private, pretended to be an Indian to grift positions from universities.
No one has been more in the bag for big bank interests over the past 10 years than Elizabeth Warren. She’s completely owned by Wall Street and will stop at nothing to protect their money laundering and seigniorage schemes.
19
69
414
33,208
Full pardon instead of commutation. “Scum”. “Lunatics”. Immediate follow through. This is not first term Trump. This is not anything we’ve seen.
8
21
398
15,255
The premise for BIP300 that bitcoin is losing value to altcoins is nonsense. There is no value being created “outside” bitcoin in the altcoin space.
People do not create altcoins due to bitcoin missing features. They create altcoins to enrich themselves. Drivechains don’t change that.
43
47
381
101,767
Just voted early for Donald Trump. He’s the only candidate that has committed to freeing Ross Ulbricht, a classmate of mine from K-8, early bitcoin adopter, and non violent offender unjustly imprisoned for over ten years. Something only a normal, decent, non-psychopath would do.
Just voted early for Donald Trump. Objectively, he’s the only candidate that has not prosecuted his political rivals, has not equated his opponents to Hitler, has not conspired with tech platforms to censor speech or news, has received votes in a primary and has taken a bullet.
16
50
378
26,347
If you took a job at Coinbase or Gemini thinking you were going to work on bitcoin, but find yourself working on silly staking projects, we can help you: unchained.com/careers/open-j…
5
36
323
Lots of questions so let’s clarify. We’ll call this the Trump stack. @realDonaldTrump wielded a @Strike wallet, paying a @ZapriteApp lightning invoice belonging to @PubKey_NYC who were running their own @lightning LND node on @voltage_cloud . Very stable and reliable setup. In fact, everybody says it’s the best setup.
One of the most historic transactions in #bitcoin history was just made.
President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia.
Block height: 861871
You saw it here first.
27
36
329
44,919
Trump is the real deal. Keeping promises left and right, and just saved Ross Ulbricht’s life. I believe Ross was deserving of mercy, and am incredibly happy to know he’ll be reunited with his family shortly.
8
11
291
10,750
Pierre’s account suspended. Twitter’s suicidal censorship continues to be the one thing ruining an otherwise wonderful product. Original vision corrupted by small minded busy bodies.
25
40
268
Read this proto-money paper by @NickSzabo4 in 2012. Despite it not mentioning Bitcoin (it was originally published in 2002 after all), it did more to help me understand the promise of Bitcoin other than Satoshi's white paper. Must read!
PAPER
Shelling Out: The Origins of Money by @NickSzabo4
This paper discusses the origins of money and the impact it has had in shaping human society as we know it today.
It's a very interesting read, read on here: fermatslibrary.com/s/shellin…
8
86
266
Fairness test:
Bitcoin’s genesis block (mined by Satoshi as possibly the only unfairly mined block) is unspendable.
ORBcoin founders can’t write the codez without 20% of all the money.
12
22
245
Cardano is a high trust centralized shitcoin with an 80% pre-mine and no proof of work. Embarrassing interview.
5
20
266
13,704
Think long and hard about the repercussions of selling your hard won bitcoins for institutional money. It will be easy to get dollars. I hear they’re making more of them. Your bitcoin will only get more difficult to obtain by any means.
5
39
243
If you’re in Miami for #Bitcoin2021, and you’re a full stack, back end, front end or security engineer interested in @unchainedcapital , DMs open. Or interrupt me irl. Or physically block me from leaving a room. Talking with you is more important than what I’m doing.
6
22
246
Senator @CynthiaMLummis recounting how @saifedean ‘s The Bitcoin Standard had a substantial impact on her bitcoin education here at the Bitcoin Ski Summit in Jackson Hole.
9
12
232
People who have mocked you since 2009 claiming credit expansion and printing money doesn't cause inflation are about to do a 180 and claim inflation isn't harmful. Even progressive! They're A/B testing it now.
6
24
223
Chris Larsen is a charlatan not to be taken seriously. Amazed anyone related to Ripple gets any attention ever.
5
8
230
At Unchained, we've been onverwhelmed by customer interest in self soverign multisig vaults, self directed IRA's, no rehypothecation loans and OTC bitcoin purchases. We need some help...
4
32
227
Imagine needing a CFTC license to sell a gallon of milk. Bitcoin would be the only commodity I’m aware of to require such spot oversight. This is the epitome of the swamp.
Don't get too pumped about Trump speaking at this year's @TheBitcoinConf, there are forces in motion that could severely impact the bitcoin industry if people don't begin to make noise.
Earlier today there was a Senate Agriculture Committee hearing on Oversight of Digital Commodities with the head of the CFTC that everyone should watch.
If the legislation that is inevitably going to come out of this hearing gets passed it won't matter if Trump gets into office. The industry will be hindered for years. There is bi-partisan support at the moment as Democrats are moving quickly to react to the buzz Republicans have received due to their embrace of bitcoin.
Long story short, this committee is pushing to give the CFTC regulatory oversight over spot bitcoin markets, which is an unprecedented expansion of CFTC authority into retail commodities trades whereas in the past they have exclusively had jurisdiction over only commodities derivatives markets.
If the CFTC is granted this expansion of authority it would mean that they are likely going to require any bitcoin company to register with the federal government and have enhanced KYC/AML requirements. To be clear, this won't only affect exchanges, but any company that touches spot bitcoin.
These efforts are being spearheaded on the crypto side via lobbying efforts by Kraken, Coinbase and Ripple. Not shocking because this would likely enable them to trivially erect regulatory moats.
It looks like the bi-partisan effort will be looking to pass something through the House and into law rather quickly. Likely before the election.
It is imperative that you speak out against this as it would increase the regulatory and compliance burdens on US bitcoin companies considerably. The best move right now is no action. We need less regulation, not more. As we've seen time and time again throughout the first 15-years of bitcoin, these regulations but users in harm's way and make it unreasonably difficult for companies to operate cheaply and effectively.
Call you Representative and tell them to reject any bill that would give the CFTC oversight over spot bitcoin markets. This is a full on attack.
piped.video/watch?v=F3i0pxWv…
9
33
235
51,029
The NYT accidentally wrote a long article about a zero carbon emission industry. Embarrassing mix up.
12
23
221
26,788
There’s no point having any testimony on any other subject until someone from the Fed can answer this question from @CynthiaMLummis without infantilizing the audience with drivel.
THIS IS *THE* QUESTION in banking right now—is the banks’ biz model of “borrow short-term & lend long-term (with leverage) fundamentally incompatible with the era of online banking, whereby bank runs can start suddenly & finish fast? See how Barr answered Lummis:
14
43
217
51,938
Excited for @CynthiaMLummis to represent Wyoming in the senate. #Bitcoin doesn’t need politicians, but it doesn’t hurt. Like bitcoin, my boy Gus is indifferent.
1
17
212
1/ None of us like to think about the prospect of margin calls, but if you’re borrowing against your bitcoin, it’s critical that you understand the risk. We’re releasing a new collateral management tool for our lending clients today that will help folks navigate these moments.
14
30
212
No one has been more in the bag for big bank interests over the past 10 years than Elizabeth Warren. She’s completely owned by Wall Street and will stop at nothing to protect their money laundering and seigniorage schemes.
Sadly, @SenWarren is now a fascist.
Progressive democrats should condemn and disavow her. If she continues, she should be removed from @TheDemocrats
11
45
214
Any executive order-that you don't want immediately reversed by a future administration-requires legislation to have a lasting impact. The SBR was never going to be a one and done order that put the United States on the right track. The SBR legislation from Senator Lummis has the long term vision of what a reserve could achieve for the country, and is not reliant in any way on an executive order. The right kind of executive order could help for sure, but is not necessary.
The bitcoin centric nature of the legislation comes down to credibility in achieving objectives for the United States that isn't bettered by adding centralized altcoins into the reserve. The reckless spending of my lifetime-and subsequent debt crisis we find ourselves in-can be eased by the United States adopting bitcoin in a reserve fashion. It's a low time preference plan that only works with a monetary asset with a fixed supply and unchanging monetary policy. There's only one of those in existence.
The SBR is far from dead, and doesn't need an executive order to succeed. Any EO with a basket of crypto is extremely unlikely to find any companion legislation and wouldn't achieve the time horizon necessary to have an impact.
12
38
215
22,412
If you know Unchained Capital, you know we're passionate (and particular) about the right way to build bitcoin financial services. If you watched Ross Stevens interview with Michael Saylor, or have met Robbie Gutmann, you'll know why this partnership is a perfect match.
Pleased to announce our equity seed round led by @NYDIG_BTC
#Bitcoin minded entrepreneurs and investors committed to building critical bitcoin infrastructure
We could not be more excited to partner with the team at NYDIG unchained-capital.com/blog/n…
36
63
170
Sound money and law and order were supposed to devastate El Salvador according to the mental midget globalists.
5
25
209
31,099
“Our own currency inflates. Bitcoin does not.”
- @CynthiaMLummis
NgU technological superiority is obvious to our best and brightest.
3
18
193
Coinbase lists securities, spams them to your inbox, and will do everything in their power to shove them down your throat for the benefit of insiders. They’ll even trade unregistered securities against you!
6
31
206
Coinbase went from the simplest, most elegant on/off ramp and trading product to the most confusing. Dai? CDP? Maker? Can’t recommend @CashApp enough.
Ready to take your crypto knowledge to the next level? Earn $14 in Dai when you learn how to generate Dai with a Collateralized Debt Position (CDP) from Maker. Start earning now with our advanced lesson: ow.ly/jNRe50vd7hW
15
20
185
Baseline government CPI excludes taxes, energy, and food. It is useless. As is often the case, a few Texans did the work to get you a much more accurate number.
chapwoodindex.com/
8
44
193
112,211
Just a reminder: Bitcoin cannot be banned. unchained-capital.com/blog/b…
6
42
177
I read a piece on this to my two year old last night. Looking forward to to @Frances_Coppola 's as well, but it's hard to out smart Shel Silverstein.
5
16
159
We had @CynthiaMLummis break the ice, and now @RonWyden visiting the #Bitcoin Commons in Austin, Tx. The discussion: fix the money, fix the world. 2 down, 98 to go. You’re up @tedcruz.
17
28
171
If you've been on the fence about working full time on bitcoin, and are a student of the product profession, reach out for an introductory call. We need you to leave your fiat job to help bitcoiners hold keys and take sovereignty over their money.
We’re hiring two more product managers. Help customers buy bitcoin directly into cold storage with keys they control, and and manage their loans in the safest and most transparent way possible. unchained-capital.com/career…
12
24
166
The most vocal opponent of bitcoin in DC, and the staunchest ally of the legacy banking system, Elizabeth Warren (aka Pocahontas), fraudulently posed as a Native American for decades to advance her career. When is bitcoin going to get a critic that isn’t a confirmed charlatan?
4
23
164
13,006
She’s also a dedicated grandmother, long time #bitcoin advocate, and taught me how to gut a trout. Wyoming through and through.
.@CynthiaMLummis is a friend of mine and a great woman. She is running for Senate in the very Special State of Wyoming. Cynthia is Strongly for our Military, our Vets, and protection of the Second Amendment...
6
6
154
It’s telling that over a month later, I still think about this quote constantly. @michael_saylor has been a fun addition to the swarm.
#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
10
22
148
Bitcoin doesn’t need politicians, but it doesn’t hurt. @CynthiaMLummis getting elected and championing bitcoin won’t have changed the long term outcomes for Bitcoin, but it sure has helped US citizens and her constituents to be among the first sovereign movers.
Excited for @CynthiaMLummis to represent Wyoming in the senate. #Bitcoin doesn’t need politicians, but it doesn’t hurt. Like bitcoin, my boy Gus is indifferent.
8
10
155
17,406
Enjoy the ATH memes while they last. All our best meme'ers are going to have to shut down their Twitter accounts and hire bodyguards at $100k.
6
2
143
It would have been easier to build a centralized layer 2 solution. It would have been easier to keep it that way indefinitely. It's admirable that this team took the harder decentralized route from day 1 and are seeing it through. Impressively ambitious.
Big day for bitcoin, Lightning goes live on mainnet! ⚡
Announcing the first Lightning beta release for the live bitcoin network, lnd 0.4. Read about it here: blog.lightning.engineering/a… 👩🏻🚀👨🏿🚀🚀
18
146
Wyoming created the special purpose depository institution, a pathway for a non-lending, 100% reserved bank. Now the Fed is challenging Wyoming’s sovereignty, denying applications like @custodiabank ‘s.
The Fed prefers “too big to fail” over “too solvent to fail”.
2
34
145
9,432
Bitcoin is not Backed by Nothing from @parkeralewis has become my second resource after @NickSzabo4 's Shelling Out in onboarding nocoiners to the bitcoin mindset. Hugely educational and persuasive. unchained-capital.com/blog/b…
5
49
139
Run gettxoutsetinfo against your own node and realize nothing bad happened to bitcoin today.
Bitcoin doesn't need politicians, politicians (like everyone else) need bitcoin. Reward the ones fighting the good fight, but remember bitcoin is unstoppable.
21
142
It took me a long time to understand why bitcoin matters. The whitepaper is amazing, but without other external knowledge, I never would have actually understood what bitcoin could be. Three things I read after the whitepaper that encouraged me to go deeper can all be found @NakamotoInst
Shelling Out - @NickSzabo4 - nakamotoinstitute.org/shelli…
Hashcash - A Denial of Service Counter-Measure @adam3us - nakamotoinstitute.org/static…
Digital Cash and Privacy - Hal Finney - nakamotoinstitute.org/digita…
3
35
137
42,368
I didn’t think this would need to be said so soon but: Think long and hard about the repercussions of selling your #bitcoin to the US government. It will be easy to get dollars. I hear they’re making more of them. They won’t sell the bitcoin back to you.
Think long and hard about the repercussions of selling your hard won bitcoins for institutional money. It will be easy to get dollars. I hear they’re making more of them. Your bitcoin will only get more difficult to obtain by any means.
7
18
131
13,217
The below remains true. Cynthia has put in incredible effort for four years to educate legislators in DC and Wyoming about bitcoin. I believe today’s legislation is only the beginning. Many will claim credit, and many will join the bandwagon, but @CynthiaMLummis is the #bitcoin senator.
Excited for @CynthiaMLummis to represent Wyoming in the senate. #Bitcoin doesn’t need politicians, but it doesn’t hurt. Like bitcoin, my boy Gus is indifferent.
2
14
144
12,444
While everyone argues how many Ether exist today, I'm reminded that ~65% of all Ether were premined. Outrageous!
5
16
141
January 2021: 40k to 30k
February 2021 : 20% dip
March 2017 : 27% dip in one day!
August 2016 : 30% dip
April 2013: 83% dip (Gox)
All post halving dips on the way to new all time highs. All some of the best times to buy Bitcoin.
8
15
141
12,672
Great day for Thomas and the whole @PubKey_NYC team having @realDonaldTrump send his first permission-less #bitcoin transaction via @ZapriteApp . In the future, 50 smash burgers and 50 diet cokes could land you in climate jail.
3
10
135
16,366
Not your keys, not your bitcoin. My favorite and recommended self custody bitcoin tools:
Hardware wallets: Cold card (@COLDCARDwallet ) and Trezor (@Trezor)
OS Coordinator/Multisig: Sparrow (@SparrowWallet)
Collaborative Custody/Multisig: Unchained (@unchainedcom)
IRA and Trusts: Unchained (@unchained com)
Generate keys, store keys, and keep your bitcoin safe off exchanges.
14
26
127
13,959
Future Austin Mayor @parkeralewis low key taking the torch from Ron Paul in educating the world on the folly of Fed policy.
2
6
123
They should front run the feds.
Texas should amass its own strategic stockpile of bitcoin to invest in the future.
cc @GregAbbott_TX @LtGovTX @Glenn_Hegar
4
14
124
12,098
This mini dip is a godsend for those who still need to upgrade their security posture for a $100k bitcoin. Moving to sovereign multisig takes about as long as adding and removing laser eyes to your profile pic.
3
7
116
One of the things @pierre_rochard and I disagree on most. The relief check should be 47,450.00 monthly.
7
7
114