Bobby Juncosa (@bjunc) header
Bobby Juncosa (@bjunc) profile picture

Cofounder of Edgewise, technology for residential new construction. Entrepreneur, programmer, economics / philosophy enthusiast, guitarist.

Miami, FL
Joined March 2010
Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)Photo by Bobby Juncosa (@bjunc)
What's the ETA on 1s of processing from a computer the size of a human brain = 1s of human brain activity?
This quoted post is unavailable.
2
4
Recentralization != Decentralization 90% of crypto is just recentralization masquerading as decentralization by conflating decentralization with distribution.
1
10
I'll take BTC over USD any day. Short-term volatility with long-term appreciation is a fair trade compared to short-term stability with long-term depreciation.
#Bitcoin traders all have one thing in common: They’re playing make believe. #BTC is a highly speculative asset, not a currency, and anyone who believes otherwise is living in fantasyland.
Monero's privacy is more than anonymity. It's fungibility – which is required for money. Gresham's Law will cause some BTC to be worth more than others (already starting to happen).
The launch of atomic swaps on Monero has catalyzed a major run-up for the privacy-centric cryptocurrency Monero. decrypt.co/79169/monero-surg…
SEC / Congress proving yet again that the 9 most terrifying words in the English language are “I’m from the government and I’m here to help”.
IMO, you cannot have money ("ultra-sound" or not) without fungibility. The word "money" really has no place describing #BTC or #ETH. Assets, yes. Money, no.
Bobby Juncosa retweeted
We stand with @Square, @RibbitCapital, @coincenter, and @BlockchainAssn about the digital asset provision in the infrastructure bill. And we applaud @ronWyden @senLummis @senToomey in proposing a thoughtful amendment to get the tech right. Read our official statement ↓
19
67
6
242
#KerriStrug was known as the gymnast who wasn't "mentally tough". Pushing through both physical pain and mental pressure, she pulled off one of the greatest clutch moments in sports history. youtube.com/watch?v=rCbfF-R4…
Prior death crosses following a #BTC bull market have had a brief drop, then a rally to the 200 day MA. Not saying it'll happen again, but this looks awfully familiar...
It’s incredible to see over 10,000 people from all over the world join us in Miami for #Bitcoin2021 We’re taking the Miami Movement TO THE MOON 🚀🌙
440
1,524
270
9,289
Money requires fungibility; which #bitcoin does not have; limiting its use to a "store of value" asset. Privacy coins like #Monero can be money, and now it supports atomic swaps with #BTC. That's a huge deal @monero; congratulations on mainnet.
1
The estimated size of the universe (earth radii): Copernicus (1543): 7 M Galileo (1632): 2 K Newton (1729): 20 B Shapley (1920): 1,000,000 B Each time, going against the "facts" by the "experts"; often silenced and vilified as "deniers".
1
Today's blockchain confusion/dismissal is yesterday's internet confusion/dismissal. Just ask Krugman. youtube.com/watch?v=UlJku_CS…
1
I value China's opinion on #Bitcoin as much as I value Blockbuster's opinion on Netflix.
privacy == fungibility. Money requires fungibility; which means any crypto that isn't fully private will have a very hard time (if impossible) making the leap from asset to money. @monero is the best answer to the impending wave of CBDC.
Privacy coin Monero saw an uptick in price as the Biden administration revealed new tax plans for crypto transactions. decrypt.co/71616/privacy-coi…
"Where an excess of power prevails, property of no sort is duly respected. No man is safe in his opinions, his person, his faculties, or his possessions." – James Madison
Crypto's use case is "Privacy, seizure-resistance, censorship resistance." In other words, it's useful for criminals.
IMO, you need *fungibility* to become "currency of Earth". Neither Doge nor Bitcoin are truly fungible. Fees and speed only address *portability* requirement of money.
Replying to @loshan @itsALLrisky
For those bad at math 👆, 100X higher transaction volume with 100X lower fees means total fees earned stay same. Low fees & high volume are needed to become currency of Earth.
Wall Street = DVD rentals Blockchain = Streaming Early 2000s: streaming had poor UX, buffering, limited selection, fuzzy legality, etc.. All kinks that got worked out and left DVDs for dead.