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@EdanYago

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Most people work to make money. We work to remake money. We work to remake the world. Join the Nation of Sovryns.

#Bitcoin
Joined March 2011
Don't wanna be here? Send us removal request.
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@EdanYago
Yago
19 days
1/ NEW WHITEPAPER: BitSNARK & Grail—Bitcoin Rails for Unlimited Smart Contracts and Scalability. This is a solution to Bitcoin's trilemma of scale, computational expressivity, and decentralization.
@BTC_OS
BitcoinOS
19 days
Introducing "BitSNARK & Grail" – a game-changing framework for scaling Bitcoin and enabling unlimited smart contract functionality on the world's leading Blockchain. Link to the whitepaper below.
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@EdanYago
Yago
4 years
Analysis of the evidence shows that #Corona pandemic could be over faster than most people expect. Short Thread. 👇
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@EdanYago
Yago
2 years
Next month, El Salvador plans to launch its $1B #BTC bond. It’s expected to be oversubscribed. If successful, it will be a geopolitical earthquake. FOMO on a Nation State level.
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@EdanYago
Yago
7 months
Israel suffered the worst military outcome in its history yesterday. How did this happen? How did the vaunted IDF fail so dramatically? Eight factors are starting to emerge that explain what happened…👇
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@EdanYago
Yago
2 years
Of all the things That happened this cycle, Solana’s vote to confiscate a users funds is BY FAR the most egregious. It’s worse even then the ETH DAO confiscation. It’s the clearest demonstration yet that PoS is not a consensus mechanism.
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@EdanYago
Yago
2 years
Free markets clear out ponzis faster than regulators.
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@EdanYago
Yago
2 years
So basically all markets trade like crypto now - with the possible exception of crypto.
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@EdanYago
Yago
6 years
I like Augur and what it represents. BUT The protocol is valued at $308m and has 64 daily users. That’s $4.8m per user.
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@EdanYago
Yago
3 years
The most powerful organization you've never heard of has declared war on your #Bitcoin FATF is the boss-level enemy. Who are they and why are they Bitcoin's biggest enemy?
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@EdanYago
Yago
4 years
The real lesson of Corona virus: We don't really need extroverts and its dangerous to keep them around.
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@EdanYago
Yago
4 years
Iceland, with the most extensive testing in the world, confirms that >80% of cases are asymptomatic or mild.
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@EdanYago
Yago
4 years
We are in the longest stock market bullrun in history - the next runner up? The 1920's before the great depression.
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@EdanYago
Yago
3 years
Which system will win DeFi? Ethereum? Solana? Polkadot? Third gen chain? It will be the one that is most reliable and predictable for the long run. The one with the most solid foundation. It’s called #Bitcoin
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@EdanYago
Yago
4 years
One person can make a difference. And that person is @CaitlinLong_ People flocking to gold everywhere except Wyoming. #bitcoin
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@EdanYago
Yago
2 years
Watching a $40b ponzi collapse in real time is one of the unique pleasures of crypto.
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@EdanYago
Yago
4 years
So what is going on here? It's possible to interpret these data as showing: 1. We may be massively under-measuring global exposure and infection rates 2. Most are asymptomatic 3. Herd immunity is already greater than we imagine
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@EdanYago
Yago
3 years
Bitcoin-based open finance in El Salvador! What does Bitcoin-native DeFi mean for El Salvador and the world? @SovrynBTC @API3DAO @OpenBankProject @QredoNetwork
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@EdanYago
Yago
3 years
In just 3 days, over 5000 ETH streamed over the bridge to @SovrynBTC and into the #Bitcoin ecosytem. This is something that has never happened before. Until now the flow of funds was always in the opposite direction. Something big is happening.
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@EdanYago
Yago
4 months
Dear ETFs, our Bitcoin are in self custody. You can't have em.
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@EdanYago
Yago
4 years
If this is true, then it implies 2 things: 1. The exponential curves begin to saturate quite soon 2. The massive interventions of China and other countries deserve less credit than they are getting.
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@EdanYago
Yago
3 years
#Bitcoin will provide move than just sound money to El Salvador (and the world). With protocol extensions like @SovrynBTC , it will also prove a sound financial and economic system.
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@EdanYago
Yago
3 years
@SovrynBTC continues to rise through the ranks of DeFi projects. Currently ranked 14'th by TVL on @DefiLlama with $1.9B. Just above Uniswap V3. #Bitcoin DeFi isn't coming. It's here.
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@EdanYago
Yago
6 years
Friend: Should I buy Ripple? Me: Why do you want to buy Ripple? Friend: I hear it is going to be Bitcoin Me: If you want Bitcoin, buy Bitcoin, not Ripple.
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@EdanYago
Yago
2 years
Every time the MARKET crashes, just remember this: Only the MARKET crashed. If you hold things of true fundamental value, nothing has changed for you, except a new buying opportunity. This is how true wealth is built. Patiently. #Bitcoin
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@EdanYago
Yago
4 years
Second, the best control group we had - the Diamond Princess topped out with 712 out of the 3,711 crew and passengers infected (20%) and a fatality rate of 0.002% (7 in total).
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@EdanYago
Yago
10 months
The XRP ruling killed #Bitcoin only. The Gensler cavalry are not coming to save us. This is a call to action. #BTC must out-compete on it’s on merits. We need to grow a Bitcoin-native economy faster than the competition.
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@EdanYago
Yago
3 years
Last week was phenomenal week for @SovrynBTC . Next week will be even better! Get ready for Sovryn: The Awakening 🚀
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@EdanYago
Yago
2 years
Advocating for SEC regulation of tokens is an attack on Bitcoin.
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@EdanYago
Yago
4 months
A lot of people are asking - so a quick thread on Rollups on #Bitcoin Yes, they are real, and they are spectacular. But, details matter👇
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@EdanYago
Yago
3 years
Sovryn was built for a multi-chain future. The Sovryn devs have built out infrastructure at an amazing pace, including x-chain bridges. ETH and stablecoin have already migrated to the Bitcoin ecosystem. Today $SOV will migrate to the Ethereum ecosystem and list on Uniswap.
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@EdanYago
Yago
4 years
First, different countries, employing very different strategies, are seeing similar reductions in R0 over time.
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@EdanYago
Yago
3 years
Why is Latin America leading when it comes to the adoption of #Bitcoin ?
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@EdanYago
Yago
3 years
Not only is Sovryn decentralized Bitcoin lending - it also is currently offering lenders the best yield in the market. 15.7% - #BTC yield
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@EdanYago
Yago
4 months
Here is a project doing actual and real Bitcoin rollup work.
@SovrynBTC
Sovryn | DeFi for Bitcoin
4 months
Does Bitcoin seem frozen in time? Other chains have smart contracts, scaling layers, rollups - and Bitcoin? Introducing BitcoinOS: a superlayer of interoperable rollups turning Bitcoin into a global operating system. Innovation is coming to Bitcoin! #BitcoinOS Link⬇️
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@EdanYago
Yago
3 years
Maximalism is complacency.
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@EdanYago
Yago
3 years
Bitcoiners calling alts scams, and white-knighting as the protectors of gamblers from themselves, was a strategic mistake. Bitcoin is not to prevent casinos. It is to prevent monetary corruption. The problem with alts is not that they are scams. It’s that they are corruptible.
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@EdanYago
Yago
3 years
Even if they don't know it, every single person in crypto is a Bitcoiner. Every shitcoiner, every altcoiner, every farmer. If Bitcoin fails, the whole enterprise fails.
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@EdanYago
Yago
3 years
Why @SovrynBTC ? I started acquiring BTC in 2011. I have never sold any of it. Now with #Bitcoin -backed stablecoins, and decentralized #Bitcoin -backed loans I can keep HODLing forever Laura.
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@EdanYago
Yago
2 years
Bitcoin maximalism is actively retarding Bitcoins potential. It’s potential growth. It’s intellectual vigour. It’s moral compass. If you care about #Bitcoin , you should take note that so many are warning of exactly this.
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@EdanYago
Yago
3 years
What does this chart tell you?
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@EdanYago
Yago
3 years
Hypocrites: Bitcoin uses too much electricity. Petro-dollar: Hold my beer.
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@EdanYago
Yago
6 years
I used to think that an early killer app for Bitcoin and cryptocurrency would be online gambling. What I didn't envision was that the gambling games would take the form of pump and dump ICO's. This perspective makes me much more at ease with what is going on.
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@EdanYago
Yago
3 years
Every single shitcoin has relied on one simple argument to attract funding: “Bitcoin can’t do feature X. Altcoin Y can.” The dead-simple, killer response is: “Bitcoin can do anything. NGMI” #Bitcoin sidechains are the killer answer.
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@EdanYago
Yago
3 years
For me, #Bitcoin is our weapon in the battle between Sovryn Individuals and the Fiat Lords. My problem with PoS chains is that they simply create a new class of Fiat Lords: A new currency is fiated into existence and used to extract rent from those who use the chain.
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@EdanYago
Yago
3 years
How do SOV stakers earn fees? Thread...👇 SOV is a new type of asset. You stake SOV - the goal is that you can stake SOV to earn Bitcoin. SOV is not a currency. It is the next evolution of equity. Stateless, permissionless and designed for a Bitcoin-based economy.
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@EdanYago
Yago
2 years
We add covenants and a ZK-proof op code. It’s the last change #Bitcoin will ever need. After that Bitcoin functionality is unlimited, the system will be code complete and become true permaware.
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@EdanYago
Yago
3 years
Centralized Exchanges: 🤬 - Crashing @SovrynBTC : 🔥 - Stayed 100% up - Fast BTC deposits so you can buy the dip - Liquidated all positions smoothly Sovryn is the best place to go long and buy the fucking dip! In this moment I am Euphoric.
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@EdanYago
Yago
2 months
What is the major narrative of this crypto cycle? How can you identify the crypto narrative easily?
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@EdanYago
Yago
3 years
All time high… and we have only just begun to build an economy around #Bitcoin . We are still very early. Next: a borderless economy as permissionless and free of middle men as Bitcoin itself. #StaySovryn with #BTC
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@EdanYago
Yago
7 months
@MarioNawfal Mario, what are you doing? The evidence that Israel did not bomb a hospital is overwhelming at this point. While Hamas have failed to produce any evidence at all for their claim.
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@EdanYago
Yago
3 years
Number of $SOV holders has passed 10K. Everyday, more and more #StaySovryn
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@EdanYago
Yago
3 years
Centralization is dead. The world just hasn't realized it yet. Our century so far, in a thread👇 (01/18)
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@EdanYago
Yago
2 years
$437 Million Blacklisted and Blocked. Tornado Cash added to Feds Blacklist. Centralized tokens (WBTC, USDC, USDT) affected. This is why @Sovryn is building decentralized BTC DeFi and Bitcoin-backed stablecoins. #Bitcoin defense-in-depth. #StaySovryn
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@EdanYago
Yago
3 years
Sovryn Morning to all. #StaySovryn
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@EdanYago
Yago
2 years
The best time to buy #Bitcoin is always. The best time to sell is never.
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@EdanYago
Yago
4 months
@oranj0x @MacnBTC @VanGodvich @rug_ai @bubblemaps You still don’t understand the words you are using. Hopefully this helps.
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@EdanYago
Yago
2 years
#Bitcoin might be the only undervalued asset in the world right now.
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@EdanYago
Yago
7 months
@yishan @rarelyquinn @abcampbell @hueykwik @Noahpinion It’s a democracy. The people have repeatedly voted not to be part of China. Who are you to decide for them?
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@EdanYago
Yago
2 years
Yesterday @SovrynBTC managed a major system upgrade impressively securely and smoothly. The Sovryn mages just keep delivering, and the system keeps improving at a rapid rate.
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@EdanYago
Yago
2 years
Boomer/noob question: why do people keep tagging @inversebrah ? What does it mean?
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@EdanYago
Yago
3 years
USD in a nutshell: Massive pre-mine. Founder currently dumping on the market.
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@EdanYago
Yago
4 years
Most current testing (PCR) will only detect *active* cases. The actual number of infected may be as much as 3X higher.
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@EdanYago
Yago
7 months
Factor 8: It appears that Hamas used civilian protesters as cover to plant explosives by the border fence. These were then used to breach the fence during the assault.
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@EdanYago
Yago
6 years
Following statements are all true: 1. BTC fees are too high. We don't need fees this high YET. 2. If you are not using segwit, you are part of the problem. 3. On-chain scaling is not a viable long-term strategy. 4. Long term matters, but we don't get there without short term.
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@EdanYago
Yago
3 years
Want to know why #Bitcoin hit a new all time high today? Its because Bitcoin got new superpowers yesterday. Explainer thread👇
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@EdanYago
Yago
2 years
@cz_binance The "extra" minted LUNA is owned by people - what do you mean burn it? UST has lost its peg for a reason - how do you expect them to just magically restore it? This is magical thinking.
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@EdanYago
Yago
2 years
@octal @JeffBezos So he needs to remain silent on all things not Elon Musk?
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@EdanYago
Yago
3 years
Stay Sovryn
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@EdanYago
Yago
3 years
Dear Dairy, Today I triggered a bunch of toxic ETH maxis. I was going to be sad, but then I remembered I don't care. Maxis of all stripes can go jump in a fire. 🔥
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@EdanYago
Yago
3 years
STOP what you are doing: These are the most amazing 2 minutes from @michael_saylor . Just listen and melt.
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@EdanYago
Yago
3 months
Thanks @scottmelker for having me. People simply do not fathom how much bigger the #Bitcoin story is going to get this year. Much more than digital gold.
@scottmelker
The Wolf Of All Streets
3 months
Here it is - the most bullish case for Bitcoin. @EdanYago lays it all out. Send it to your friends. Your coworkers. Your mom. Everyone needs to listen.
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@EdanYago
Yago
10 months
The coming year in #Bitcoin is going to seem like it came out of nowhere…. But it’s been building for years: the New Bitcoin Token Economy is upon us.
@AltcoinDailyio
Altcoin Daily
10 months
#Bitcoin Defi will be MASSIVE!!! 📈📈📈 Most don't realize what's about to happen! 🚀 The great @EdanYago REVEALS ALL in this interview!!! Click HERE 👇 >>
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@EdanYago
Yago
3 years
The biggest news in #Bitcoin today - El Salvador is using Bitcoin not just as sound money but as decentralized finance as well. This is hyperbitcoinization.
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@EdanYago
Yago
3 years
Selling Bitcoin now is like jumping of a bridge because everyone is doing it. #StaySovryn
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@EdanYago
Yago
7 months
Factor 5: Hamas blinded Israel in two ways. Large numbers of drones and explosives were used to destroy the extensive array of electronic detection systems that were supposed to offer early warning. Then they breached the barriers and moved on eight forward bases…
@ytirawi
Younis Tirawi | يونس
7 months
Gaza | A successful Hamas drone attack on an Israeli military position (auto-machine gun post) near Nir Am
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@EdanYago
Yago
2 years
Who are the people that look at this and see something aspirational?
@RichardHeartWin
Richard Heart
2 years
$250,000 #mercedes g wagon 4x4 squared twin turbo v8, side pipes, portal axles. $4,000 #philipplein tracksuit. #prada hat. #gucci shoes. #versace glasses. #rolex watch. #prada bracelet.
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@EdanYago
Yago
6 years
9/9) And you know what happens when a scam is successful? The scammers start a new one: Cashless Society. But that’s a rant for another day.
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@EdanYago
Yago
7 years
If "longest chain", or "most accumulated hashpower" were the criteria, there would be no such thing as a 51% attack.
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@EdanYago
Yago
1 month
Why should anyone build a Bitcoin L2? I'm doing it for myself and for the people I love. L2's will enable Bitcoin to be a cornerstone in civilization, with many aspects of our lives tied to it, and Bitcoin value will drive to new heights.
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@EdanYago
Yago
3 months
Forget the dunks for a second. Let's remember why blockchain was invented in the first place: Censorship Resistance When a blockchain goes down, it is censoring all transactions. That is a failed blockchain. Solana has been censoring for 4 years. It's not a blockchain.
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@EdanYago
Yago
2 years
Bear markets have a lot going for them. With the tourists gone, everything is cheaper and less crowded. I live here, so Its going to be nice to work in peace and quiet for a while again. #StaySovryn #Bitcoin
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@EdanYago
Yago
3 years
There are now 12K individual addresses staking $SOV in @SovrynBTC Bitocracy. That's 12k users actively participating in governance.
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@EdanYago
Yago
3 years
Sats are the default on @SovrynBTC
@novogratz
Mike Novogratz
3 years
It is time to switch to Satoshis. Too many people telling me at $58,000 $BTC too expensive. Which exchange will be first to quote in SATS? @cz_binance @brian_armstrong @SBF_Alameda @tyler
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@EdanYago
Yago
7 months
Factor 1: Israel has built a formidable set of fortifications on the border with Gaza. However, fortifications are useless without people to man them. A political decision was taken to deploy almost the entire combat force to the West Bank. In particular…
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@EdanYago
Yago
3 years
Conspiracy theory of the day: THE IMF are shorting BTC with all their might.
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@EdanYago
Yago
4 years
KYC is an affront to basic dignity. The idea that adults must be supervised with their funds, require permission to transact and must submit to judgment on how they make or use their money... ...a violation of the very idea of PRIVATE property.
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@EdanYago
Yago
3 years
Bitcoin in the last few weeks: 1. Added to corporate treasuries 2. Instant international transactions with @ln_strike 3. Full stack decentralized finance with @SovrynBTC 4. Bitcoin-backed stablecoins with @moneyonchainok 5. Nation state adoption Price dropping (LOL).
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@EdanYago
Yago
2 years
Today I will continue to work in @SovrynBTC as part of a great effort to build a world on #Bitcoin .
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@EdanYago
Yago
5 months
@RichardHanania One one day, Oct 7th, Palestinian militants raped more women than Israeli soldiers have raped Palestinians in 80 years of conflict. IDF famously, infuriatingly has zero rapes to its name.
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@EdanYago
Yago
3 years
@SovrynBTC TVL growth is accelerating - now solidly above $115m. The second derivative, the rate of growth, is growing too. Steady, organic growth - hitting an inflection point?
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@EdanYago
Yago
3 years
You, a super shadowy Blockchain/Solidity coder who wants to build on #Bitcoin ? Want to work from anywhere (incl. a secret island paradise) with a talented and dedicated team? You believe the future is #Sovryn ? Cypherpunks write code. Come cypherpunk with us. DM me :)
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@EdanYago
Yago
6 years
5/9) KYC is a massive violation of privacy and creates huge honeypots of private data in millions of databases that are regularly hacked
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@EdanYago
Yago
7 months
@JosephJakeKlein @suss_puppy @hahussain The PLO was complicit and sometimes the main actors in the wave of terror that hit Israel during the Oslo negotiations. Despite the wave of Terri, Israel continued to attempt to achieve a peace agreement. In the end, the PLO chose not to engage with a peace deal.
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