Cryptobsessed 🤖 Not financial /professional advice
Joined November 2021
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blocktelligence 🤖 retweeted
In May 2013, Andreas Antonopoulos spoke about decentralization to a nearly empty room in San Jose. Bitcoin was only $100–$120 back then.
If you’d listened and invested, you’d be looking at a 700x return today.
blocktelligence 🤖 retweeted
This is a tectonic shift:
"I want to own zero fixed income... I probably have some basket of gold, bitcoin, commodities and Nasdaq."
The US fixed income market is ~$50T.
If just a small portion of the market agrees, trillions will be leaving fixed income and looking for a new home... like Bitcoin.
JUST IN: 🇺🇸 Billionaire investor Paul Tudor Jones says, “All roads lead to inflation. I’m long gold. I’m long #Bitcoin”
blocktelligence 🤖 retweeted
JUST IN: 🇺🇸 Billionaire investor Paul Tudor Jones says, “All roads lead to inflation. I’m long gold. I’m long #Bitcoin”
blocktelligence 🤖 retweeted
“We’ve gradually gotten used to this environment where we can’t pay another person unless there is a corporation involved”
Watch Rogan’s sinking realization when Andreas explains to him what this really means
blocktelligence 🤖 retweeted
El Salvador's #Bitcoin investments are in the black!
After literally thousands of articles and hit pieces that ridiculed our supposed losses, all of which were calculated based on #Bitcoin’s market price at the time...
With the current #Bitcoin market price, if we were to sell our #Bitcoin, we would not only recover 100% of our investment but also make a profit of $3 620 277.13 USD (as of this moment).
Of course, we have no intention of selling; that has never been our objective. We are fully aware that the price will continue to fluctuate in the future, this doesn’t affect our long-term strategy.
Nonetheless, it is important that the naysayers and the authors of those hit pieces take back their statements. The responsible thing to do would be for them to issue retractions, offer apologies, or, at the very least, acknowledge that El Salvador is now yielding a profit, just as they repeatedly reported that we were incurring losses.
If they consider themselves true journalists, they should report this new reality with the same intensity they reported the previous one.
We’ll see… Stay tuned!
blocktelligence 🤖 retweeted
The fact that Satoshi:
1) published the Bitcoin white paper before he launched it,
2) kept it on track for 2 years with upgrades,
3) disappeared without ever spending his own coins for profit, and
4) had such skill that people can't prove his identity,
is... remarkable.
blocktelligence 🤖 retweeted
So looked into the Zhu Su arrest a bit more and it was for contempt - i.e. not cooperating with liquidators and providing requested information.
Bit surprising because its rare to see such a long sentence for contempt of court.
Normally fine or slap on wrist night in jail.
blocktelligence 🤖 retweeted
A Bitcoin ETF would potentially ignite the next bull run.
However, it may ultimately burn another wave of new adopters as they fail to self custody their wealth.
Financial Freedom is critical.
Not your keys, not your #Bitcoin.
blocktelligence 🤖 retweeted
Only #Bitcoin offers an unthinkable property: it gets more valuable over time.
This makes Bitcoin a singularly unique asset in the digital asset landscape, and in the entire history of store-of-value assets.
Bitcoin is savings technology & there is no "next Bitcoin"
blocktelligence 🤖 retweeted
A 40 year old female friend of mine wants to buy #Bitcoin
What’s the best intro 101 video that explains to her why she would want to hold her own keys rather than buy on an exchange?
Preferably a female explaining it.
blocktelligence 🤖 retweeted
We successfully prevented @POTUS' 30% digital asset mining tax from being included in the debt ceiling deal but the fight is far from over.
I am working on a regulatory framework that will allow individuals and companies to own and trade digital assets in America.
Stay tuned...
blocktelligence 🤖 retweeted
Less than two days later, they have announced that they are delisting Cardano $ADA, Solana $SOL & Polygon $MATIC. All based on nothing but accusations by the SEC. What happened to due process?
There we go. Without proving in a court of law that these tokens are "securities" the SEC may be able to restrict access to them anyway. Just arbitrarily accuse these tokens of being a security in a lawsuit and exchanges start to kowtow to your whims.
bloomberg.com/news/articles/…
blocktelligence 🤖 retweeted
It's Friday night, the kids are in bed, the biggest piece of crypto legislation for this year has dropped—the McHenry-Thompson bill on market structure— so let's get this party started.
Here’s a deep dive into the bill’s contents. Thread
docs.house.gov/meetings/AG/A…
blocktelligence 🤖 retweeted
JUST IN: 🇺🇸 Robert F. Kennedy Jr. becomes first presidential candidate to accept #Bitcoin campaign donations.
blocktelligence 🤖 retweeted
🇦🇷 Presidential candidate Milei is something else: pro-bitcoin, staunch libertarian, +20y economics prof.
Quote: “the Central Bank is a scam. It is a mechanism by which politicians cheat the people with the inflation tax.” He currently leads the election polls 🗳️
blocktelligence 🤖 retweeted
🚨BREAKING NEWS🚨
Ex OpenSea employee Nate Chastain has been found guilty of Fraud and Money Laundering using insider knowledge of the Platform, profiting approximately $50,000.
Nate is facing 60 years in prison if given maximum sentences on his charges.
blocktelligence 🤖 retweeted
If you really want to know what’s going on, you only need to know this. There is an all out war against the financial sector, regional banks and crypto alike. The recent actions are a show of force to impel compliance. It’s no accident that the new CBDC paper dropped today.
