Avid learner. Crypto/web3 advocate. Strong opinions loosely held. Building @humanDAO 💜
Network State
Joined March 2019
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CHRIS2PHΞR CHASΞ retweeted
A HUGE Thank You to @humanDAO for sponsoring our team's lunch at @EthereumDenver Buidl week! It's always easier to change the world for the better on a full stomach!
Check out their Human Task Force if you want to see how DAOs are empowering underserved communities in web3!
USD is a medium of exchange, BTC is a store of value. Savings is a luxury in the developed world. Another reason USA needs to embrace DeFi and stables to further USD dominance and help those who need it (stability) the most
CHRIS2PHΞR CHASΞ retweeted
Crypto FTW
Here's what tech CEOs are talking about at the Africa Tech Summit. @KenzieSigalos reports from Nairobi.
CHRIS2PHΞR CHASΞ retweeted
Update and progress post on Human Task Force and all the building we’re doing. LFG!!! medium.com/@TheHumanDAO/huma…
CHRIS2PHΞR CHASΞ retweeted
JUST IN: #Bitcoin becomes the second largest ETF commodity in the US, surpassing silver.
CHRIS2PHΞR CHASΞ retweeted
"AI is digital abundance, crypto is digital scarcity, and the world needs both"
prestonbyrne.com/2023/11/14/…
Good stuff @prestonjbyrne
CHRIS2PHΞR CHASΞ retweeted
hard times create for-profits
for-profits create good times
good times create non-profits
non-profits create hard times
CHRIS2PHΞR CHASΞ retweeted
JUST IN: 🇬🇧 Bank of England proposes allowing stablecoins as a payment option for goods and services.
CHRIS2PHΞR CHASΞ retweeted
SBF found guilty on all 7 counts.
Let's remember that he operated "the safe and regulated" exchange, and not a single regulator caught him.
It was, instead, the market, which is not only a great fountain of innovation, but also the best arbiter of discipline and justice.
This is what we deal w in crypto. Disinformation. This is lazy 2016 narrative at best
Actually just buy $IBTC (wen it launches), someone else can hold your keys. No one (in their right mind) spends their bitcoins anyway
I'm a huge fan of most Bloomberg content but this opinion article by @matt_levine is really bad. I respect most divergent opinions but it's written either as propaganda or from the perspective of someone who has never actually sent a bitcoin transaction.
For example:
"So if you send someone Bitcoin to pay for something, there will probably be a typo in the address and the person won’t get it and you’ll have to send it again and your first payment will just be permanently lost."
Usually you copy it, not type it. And there are checksums in a bitcoin transaction. It's pretty hard to mess up, kind of like IBAN. It's designed well. "Probably" implies the majority, whereas a true mess-up would be a tiny minority. This is neither journalism nor serious opinion.
And then I get to this line and have to double-check to make sure I'm not accidentally on The Onion:
"The third classic problem is that, if you are using Bitcoin to pay for goods and services, there is a good chance that you are paying for something illegal, and Bitcoin payments are traceable. So if you send someone $16,000 worth of Bitcoin to buy a $16,000 thing, (1) some of your money will go missing in transit, (2) the Bitcoins you send won’t be worth $16,000 and you’ll have to send some more, and (3) the $16,000 thing was a murder and now you are in prison."
He then went on to describe where someone hired a hitman for $8k and accidentally sent it to the wrong address and had to do it again. I mean... okay. Way to find the fringe idiot as though that's standard.
I had to double-check that this article wasn't from 2012, because it's a weird set of fringe-cases presented as normal.
It's like saying "You want to pay for something in cash dollars? They're covered in cocaine and you're likely paying for a mob hit. Let me tell you about this guy that..."
Bitcoin is just global open-source money. There are 160+ currency jurisdictions in the world and many of them rapidly dilute their peoples' money and censor their peoples' transactions. Bitcoin is an emerging alternative for them.
CHRIS2PHΞR CHASΞ retweeted
Don’t worry.
This is the cycle where things get serious.
Think about social media.
First, a fad.
Then, a bubble.
Suddenly a “threat to democracy!”
Because it freed speech.
Bitcoin is similar.
First, a fad.
Then, a bubble.
Now? It’ll be taken seriously
Because it frees markets.
This was inevitable but still huge for web3. crypto inception slowly but surely
BREAKING: PayPal's PYUSD is coming to @Venmo
PayPal's SVP Jose Fernandez da Ponte reveals at #Mainnet2023
Love this man
Why are we here?
Permissionless II opener from @ErikVoorhees that got an entire crypto conference on their feet
