I went to El Salvador & verified myself. I talked to taxi drivers, business owners & employees, tourists, & bitcoiners
I heard a consensus wrt:
- feeling safe in 🇸🇻
- optimistic for the future
- supporting
@nayibbukele
🎉Thrilled to announce I've joined 1 of the oldest
#Bitcoin
co as VP of Biz Dev at
@Coinkite
Bitcoin is for everyone! I'm excited to support all HODLers on their journey 🔐
Let's chat if we can work together to demystify & mainstream self-custody 💪🏼
You've just made a medium rare steak & a whisky neat. You've started syncing your Bitcoin node on your PC. No school tomorrow. Your parents don't care if you stay up all night long. A perfect Summer night. You are 39 years old. The year is 2022.
A special moment in El Zonte: I came across a coconut vendor & asked if he accepted Bitcoin. Si, he said
His little girl opened his wallet & another vendor helped him create the invoice
A short time later, I continued my beach walk, fresh coconut in hand!
@BTC_Archive
It looks like DARPA is confusing the roles of miners & nodes & report is poorly written. Miners secure the network & confirm transactions, nodes validate transactions & enforce the rules of the network.
Your account should DYOR on BTC b/f posting bad FUD just to get attention
I'm excited to join the Board of Advisors for the Digital Securities Commission of El Salvador!
El Salvador is building the future of finance on Bitcoin. The regulatory clarity we're establishing welcomes builders from around the world to Bitcoin country 🌋🏖🏄♀️
If you don't understand the full implication, consider this. If any protest is "offside" w/ the gov, you'll be financially cut off if you support it. What if in the future it's
-Pride
-Black lives matter
-Residential schools
-Occupy Wall Street
A dangerous precedent has been set
Eleven years ago today, Laszlo Hanyecz bought two pizzas for 10,000 bitcoin. It became the first time in history
#bitcoin
was used as a currency.
If you're wondering, those pizzas are now worth nearly $400 million.
I recommend reading the full “deal” to reopen Nickel trade at LME on Wednesday, 16 March.
I mean are u kidding me: $3.5bn trades canceled! The guy still short 150,000 tonnes! Refused to “be closed out”!? JPM agreeing not to increase margins etc…!
1/5
#Nickel
Bullish on Tonga 🇹🇴, which may become the 2nd country to make
#Bitcoin
as legal tender
Remittance inflows = 38% of its GDP, so 🇹🇴 stands much to gain from BTC adoption
Appreciate the support
@RNZPacific
"A member of Tonga's parliament plans to draft legislation to make the cryptocurrency bitcoin legal tender in the kingdom...Western Union take a 30% cut of remittances on average.. but bitcoin cuts out the middle man."
Biden: proposes 30% excise tax on electricity for Bitcoin mining 🙅🏽♀️
Bukele: proposes to eliminate all taxes on tech innovation 🙌🏽
One builds his country, while the other regresses
Next week, I’ll be sending a bill to congress to eliminate all taxes (income, property, capital gains and import tariffs) on technology innovations, such as software programming, coding, apps and AI development; as well as computing and communications hardware manufacturing.
Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the
#Bitcoin
rollout and its benefits in our country.
Yesterday
@Greenpeace
released a "research" report asking financial institutions like
@Fidelity
support changing Bitcoin's code from PoW to PoS.
Let's dive in why this is in bad faith &
#TheCodeisPerfect
1/
Hear me out: Bitcoin scouts
Where you get different badges for achievements like:
⚖️ run a node
⚡️ perform a lightning tx
⛏️ first mining pool payout
🧊 set up & fund cold storage
I spent this morning doing Bitcoin price analysis. My target for the halving is $117,000
I calculated this by taking the current price & adding # of blocks left to the halving. See scientific method 👇🏼
.
@BtcVancity
has a brilliant idea for Canada to host a winter
#Bitcoin
conference just before the next halving in the heart of our Coastal mountains
Are Bitcoin & skiing at Whistler Blackcomb something folks would be down for?
Hey
@Hallmark
!
He's a small town guy struggling to keep his dad's oil ops profitable
She's a Big City Executive secretly scouting new sites for a Bitcoin mining company... that wants his land
Cute Hallmark shenanigans... She quits & they start a flare gas mining co together 🧡
@zerohedge
The real winners in a Bankruptcy are the trustee & lawyers. W/ the extra complications FTX has (Bahamas seizure, US Chapter 11, etc), lawyers are printing money for a few years
I had a fun chat w/
@PrestonPysh
on a variety topics
🔸️Developing a national
#Bitcoin
Strategy & favorable regs
🔸️Incenting ⚡️ & low carbon infra w/ new biz models (vs taxes/rates)
🔸️Quadriga: all that can go wrong on an exchange; & why self custody
🔸️Bitcoin Funds & ETFs
This week,
@PrestonPysh
sits down with
@crypto_mags
to talk about
#Bitcoin
exchange and Bitcoin mining policy incentives.
Listen here:
Episode transcripts:
@energybants
Thanks
@Greenpeace
for contributing to energy poverty
People will die in extreme weather (hot & cold) b/c they can't afford to cool or heat their homes; seniors on fixed pensions are a particularly vulnerable group
While the US & Canadian governments implement policies to discourage bitcoin mining for 'climate reasons', Bhutan - the world's first *carbon negative* country (ie removes more CO2 than it emits) - is expanding it's bitcoin mining operations
Iykyk
You can mine generational wealth. Today. At Home. The entire
#Bitcoin
block subsidy of future years
And in a bear market, ASIC prices will drop. Plan accordingly (&/or buy entire future block subsidies now :)
I'm thrilled I'm advising
@PrtiInc
- a vertically integrated
#Bitcoin
mining company that's solving the global problem of waste tires! 🚗🗑
PRTI flips the narrative about landfill waste &
#BitcoinMining
⛏️ 👇🏼
1/
First they ignore you
Then they laugh at you
Then they fight you
Then tradfi launches ETFs
Then pensions buy the ETFs
Then sovereigns add Bitcoin to their treasury & mine
Then you win
Texas is launching a severance tax exemption to energy producers using fugitive emissions to power
#Bitcoin
mining rigs
Expect more gov incentives to attract
#Bitcoinmining
projects that lower GHGs - from district heating to landfill CH4 mitigation