Erik Voorhees Profile Banner
Erik Voorhees Profile
Erik Voorhees

@ErikVoorhees

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Toward peace, markets, and Bitcoin. Founder of

Bitcoinland
Joined July 2009
Don't wanna be here? Send us removal request.
@ErikVoorhees
Erik Voorhees
2 years
Let's remember that @elonmusk charging $8 for premium Twitter experience means Twitter becomes the product again, instead of you. And if $8 is too much, you're free to remain as the product.
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@ErikVoorhees
Erik Voorhees
1 year
Build a website that lets consenting adults buy recreational drugs = 2 life sentences + 15 years. Build a website that steals $10 billion from innocent people = hugs with politicians and celebrity endorsements.
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@ErikVoorhees
Erik Voorhees
7 years
My memory is failing, was it Bitcoin or was it JP Morgan that was bailed out by the government?
@CNBC
CNBC
7 years
BREAKING: JPMorgan CEO Jamie Dimon says bitcoin "is a fraud" that will eventually blow up
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@ErikVoorhees
Erik Voorhees
1 year
No, this isn't crypto's "Lehman Moment" There are no taxpayer bailouts coming nor money to be printed. This is capitalism, and the markets will work it out.
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@ErikVoorhees
Erik Voorhees
2 years
Strong men make green candles. Green candles make weak men. Weak men make red candles. Red candles make strong men.
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@ErikVoorhees
Erik Voorhees
5 months
@cz_binance CZ! You are one of the great heroes on the front lines of an epic struggle. You should be immensely proud of Binance. Well done ser, and thank you. #EndTheFed
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@ErikVoorhees
Erik Voorhees
3 years
Twitter blocking Trump is not a violation of free speech. Trump can say what he wishes, and so can Jack Dorsey, each with their own property. Trump has no right to shout from Dorsey's platform any more than Dorsey has the right to shout from the balcony of Trump tower.
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@ErikVoorhees
Erik Voorhees
3 years
If there is a climate emergency, build nuclear reactors. Otherwise I can’t take you seriously.
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@ErikVoorhees
Erik Voorhees
1 year
On the bright side, veganism has been set back by years
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@ErikVoorhees
Erik Voorhees
4 months
Heroes look like @elonmusk . They risk their own capital and that of those who voluntarily contributed it, in ambitious projects, without violence, toward grand human achievement. Villains look like @SenWarren . They steal other peoples' capital to force their opinions on those…
@elonmusk
Elon Musk
4 months
Starship will make life as we know it multiplanetary for the first time in Earth’s ~4.5 billion year existence
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@ErikVoorhees
Erik Voorhees
5 years
We stand with @binance and CZ's sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.
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@ErikVoorhees
Erik Voorhees
1 year
So Alameda CEO’s father was boss of Gensler…
@Forza_Crypto
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1 year
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@ErikVoorhees
Erik Voorhees
1 year
@ohJuliatweets Well it’s insane to ME that home cooking is an accepted practice in this country. Real chefs have to go through years of training and state certification but a hungry father with a BA in psychology who “doesn’t believe in the food pyramid” can be like “No I should be the cook.”
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@ErikVoorhees
Erik Voorhees
2 years
A single #Bitcoin transaction consumes more energy than the sun puts out in a year.
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@ErikVoorhees
Erik Voorhees
2 years
80% of all dollars in existence were created in the last two years. This is probably why prices are starting to rise.
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@ErikVoorhees
Erik Voorhees
3 years
$100 billion goes into oil… more oil is produced $100 billion goes into gold… more gold is produced $100 billion goes into bitcoin… same amount of bitcoin is produced
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@ErikVoorhees
Erik Voorhees
6 years
For anyone who is newly interested in #Bitcoin , instead of going and blindly buying it, go instead and learn. Watch a couple docs. Read a book or 20 articles. The price is fun, but what really matters is why it exists at all, and the consequences to society now that it does.
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@ErikVoorhees
Erik Voorhees
1 year
The US dollar has lost 99% of its value since the Federal Reserve was created to stabilize the value of the dollar.
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@ErikVoorhees
Erik Voorhees
4 years
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@ErikVoorhees
Erik Voorhees
6 years
Many have questioned how Bitcoin works, and stay away from it due to this uncertainty. Meanwhile, not 1 in 100 of them know how central banking works, but use it without question.
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@ErikVoorhees
Erik Voorhees
6 years
Bitcoin: a digital currency with limited and known supply, no borders, and no central group controlling it. US Dollar: a digital currency with unlimited and unknown supply, border restrictions, and controlled by a banking cabal. What's in your wallet?
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@ErikVoorhees
Erik Voorhees
1 year
Gov regulates food; population is grossly unhealthy Gov regulates healthcare; costs skyrocket Gov regulates drugs; fentanyl epidemic Gov regulates money; runaway debt and high inflation Let’s have them regulate AI so we can truly fuck ourselves
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@ErikVoorhees
Erik Voorhees
1 year
"Big advocate for Sam, because he has two parents who are compliance lawyers. If there's ever a place I can be that I'm not going to get in trouble, it's going to be at FTX."
@concodanomics
Conks
1 year
speechless
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@ErikVoorhees
Erik Voorhees
4 months
The #BitcoinETF is the first ETF in history in which the underlying asset has a limited supply.
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@ErikVoorhees
Erik Voorhees
6 years
@jchudyk @rogerkver @bitcoincoreorg @TheBlockstream Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.
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@ErikVoorhees
Erik Voorhees
2 years
A good bitcoiner should defend defi on ethereum when the government attacks it on grounds of surveillance. A good ethereumer should defend PoW on bitcoin when the government attacks it on grounds of energy use. The war is money vs state. The latter is powerful. Do not squabble.
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@ErikVoorhees
Erik Voorhees
4 years
Leaked Fed document
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@ErikVoorhees
Erik Voorhees
3 years
A small nation could buy $10 billion of #Bitcoin , wait five years, and no longer be a small nation.
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@ErikVoorhees
Erik Voorhees
1 year
Income tax is most accurately described as a fine imposed on you for being productive. And the more productive you are, the higher the fine.
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@ErikVoorhees
Erik Voorhees
4 years
It takes a special kind of Government to spend $10,000 for every adult to give $1,200 to every adult. And it takes a special kind of public to cheer this Government into doing it. #America
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@ErikVoorhees
Erik Voorhees
3 years
The mistake wasn't withdrawal of troops from Afghanistan. The mistake was sending troops there in the first place two decades ago.
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@ErikVoorhees
Erik Voorhees
6 months
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.
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@ErikVoorhees
Erik Voorhees
5 years
1/ Thoughts on Libra (and my first tweetstorm!): first, zoom out for a second and realize how far this industry has come. The biggest companies in the world are now launching cryptocurrencies. BOOM.
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@ErikVoorhees
Erik Voorhees
6 years
Such hypocrisy... politicians grill #Zuckerberg about the importance of privacy, while simultaneously supporting the world's largest surveillance apparatus. If I don't want #Facebook spying on me, and I stop using it. If I don't want US Gov spying on me, where can I opt out?
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@ErikVoorhees
Erik Voorhees
1 year
@kevinolearytv You know there are many such entrepreneurs who didn't also steal $10 billion of customer money
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@ErikVoorhees
Erik Voorhees
5 years
If you bought Bitcoin this summer at $12,000 because it was going up, and you’re selling it now at $9,700 because it’s going down, you’re doing it wrong. “Hodl” isn’t just a cute meme... it’s wisdom from the elders who have been here before.
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@ErikVoorhees
Erik Voorhees
5 years
This tweet aged well 😎
@ErikVoorhees
Erik Voorhees
12 years
#Bitcoin just broke $7.00... now up 40% in the last 30 days and most people don't even know what we're up to ;) #forex #finance #gold #money
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@ErikVoorhees
Erik Voorhees
1 year
@elonmusk “You can ignore reality, but you can't ignore the consequences of ignoring reality” - Ayn Rand
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@ErikVoorhees
Erik Voorhees
1 year
Let’s avoid making jokes about this guy. We can be better than that. Indeed, we should remember that some suffer more from inflation than others.
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@ErikVoorhees
Erik Voorhees
2 years
#Inflation should be deductible from taxes.
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@ErikVoorhees
Erik Voorhees
1 year
“The fact that billions of working men and women must sacrifice 40+ years of their time, energy, health, and focus to gain access to fiat currencies that central banks replicate with a keystroke is theft at the largest scale humanity has ever seen.” h/t @Wealth_Theory
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@ErikVoorhees
Erik Voorhees
6 years
For all those who have recently gotten rich with crypto, consider that one of the most rewarding uses for that wealth is helping those you care about. Do big things for your family and friends. Change lives around you while we change the world together. #Bitcoin
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@ErikVoorhees
Erik Voorhees
3 years
Today, we announced that ShapeShift is decentralizing. Unorthodox, but it is the only way to maintain fidelity to the most important principles of crypto; specifically, self-sovereignty over money. Without that principle upheld, we’re all just LARP’ing. A thread…
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@ErikVoorhees
Erik Voorhees
2 years
European nations can buy billions of dollars of oil/gas from Russia while it invades and murders people, but an average person who wants to transact without KYC is a terrorist financier.
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@ErikVoorhees
Erik Voorhees
3 years
My hope for 2021 is that the the Bitcoin maxis stop smelling their own farts, the Ethereum maxis stop daydreaming of rainbows and pickles, the "number go up" noise goes down, and everyone in crypto realizes this shit's starting to get real. Build, focus, plan, and cooperate.
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@ErikVoorhees
Erik Voorhees
5 years
The euro is 16 years old. Bitcoin is 10 years old. Both digital currencies. One governed by politicians and debased as a matter of policy. One governed by open-source code and impossible to debase. Which more likely lives to see 30 years of age?
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@ErikVoorhees
Erik Voorhees
5 years
The US dollar has fallen to 1/5000th of a Bitcoin
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@ErikVoorhees
Erik Voorhees
5 years
Keep buying bitcoin until CNBC says to buy it.
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@ErikVoorhees
Erik Voorhees
3 years
Dear SEC, Uniswap provided more stimulus to its users via airdrop than the US government provided to its citizens, and did so without taxes, debt, or cutting down trees for checks. Maybe give them a pat on the back rather than an investigation that will cost them millions?
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@ErikVoorhees
Erik Voorhees
4 years
Jeff Bezos has almost actually become Santa Claus. He literally delivers toys to children all over the world, and can nearly do it all in one night 🧐
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@ErikVoorhees
Erik Voorhees
6 years
Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians. US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?
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@ErikVoorhees
Erik Voorhees
5 months
@JoeBiden Inflation rate is still positive, so why would prices come down you dummy
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@ErikVoorhees
Erik Voorhees
1 year
@RyanSAdams Nothing has fundamentally changed. Why would I leave?
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@ErikVoorhees
Erik Voorhees
2 years
All humans have this bias. Watch for it in yourself.
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@ErikVoorhees
Erik Voorhees
4 years
Maximalists see only Bitcoin and Shitcoin. In reality, there are 4 categories: 1. Bitcoin 2. Ethereum 3. Other Valuable Coins, and 4. Shitcoins Maximalists think 2 and 3 are 4, because they are insecure about 1. In reality, 2 and 3 make 1 much better. Remain wary of 4. 😜
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@ErikVoorhees
Erik Voorhees
8 months
Weak men are scared of immigrants
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@ErikVoorhees
Erik Voorhees
2 years
People in tradfi making fun of UST... not realizing their stablecoin also depegged by 8% this year.
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@ErikVoorhees
Erik Voorhees
1 year
Rep. McHenry: “Is Ether a security or a commodity?” Gensler doesn’t answer, over and over again. If the law was clear, the answer would be immediate and easy. @SECGov is not credible or ethical
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@ErikVoorhees
Erik Voorhees
5 years
The Federal Government is shut down over a dispute about $5 billion dollars for a wall, gridlocked now for two weeks. Meanwhile they spend that much money every 10 hours. And people want them to be in charge of healthcare, food, education, and money?
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@ErikVoorhees
Erik Voorhees
2 years
Taxes are the price you pay to be ruled by strangers.
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@ErikVoorhees
Erik Voorhees
5 years
Can anyone tell me the last time Bitcoin moved up >30% in one day? This is unreal.
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@ErikVoorhees
Erik Voorhees
5 years
When the next global financial crisis occurs, and the world realizes organizations with $20 trillion in debt can't possibly ever pay it back, and thus must print it instead, and thus fiat is doomed... watch what happens to crypto.
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@ErikVoorhees
Erik Voorhees
6 years
Irony: the US Gov subpoena-ing a private company about the realness of their reserves. #Bitfinex #Bitcoin #Tether
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@ErikVoorhees
Erik Voorhees
6 years
Bitcoin’s inflation schedule is set for the next 100 years: transparent, unwavering, and known to all parties. US Dollar’s inflation schedule is unknown even 1 year out: opaque and manipulated quarterly. One model mathematical & civilized; the other political & antiquated.
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@ErikVoorhees
Erik Voorhees
1 year
A centrally-regulated financial system has led to the status quo. If you're happy with the status quo, stay there and enjoy. The rest of us are trying something else. We're not asking for your money or your permission. You're welcome any time to join us.
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@ErikVoorhees
Erik Voorhees
1 year
@BeckettUnite NASA spends that much *every week* and has no rockets.
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@ErikVoorhees
Erik Voorhees
5 years
Bitcoin's value increases steadily over time, while Bitcoin's price attempts to find it.
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@ErikVoorhees
Erik Voorhees
3 months
@ewarren It's because the money is rotting away because you keep printing more of it
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@ErikVoorhees
Erik Voorhees
6 years
Fiat is a scam.
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@ErikVoorhees
Erik Voorhees
3 years
If it’s centralized, it is not the future of finance.
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@ErikVoorhees
Erik Voorhees
5 years
Maximalists disparaging all other cryptos sound an awful lot like nocoiners disparaging Bitcoin. Scam. Ponzy. Bagholders. It’ll never work. Whats the use? We already have X, why do we need Y? Blah blah blah. Embrace the diversity, this is what an open market in finance looks like
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@ErikVoorhees
Erik Voorhees
6 years
Bitcoin is the sixth most valuable currency in the world, and achieved this in eight years of existence, despite (or more likely due to) having zero government backing. It is the biggest story in finance today, period. #finance
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@ErikVoorhees
Erik Voorhees
6 years
Chase just closed my credit card account. No warning. No explanation of any kind. Won't tell me why. No wonder people hate that company. Fuck you Jamie Dimon and fuck you @Chase Enjoy the next decade as you slide into stagnancy and decay. I'm aware of nobody who will miss you.
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@ErikVoorhees
Erik Voorhees
1 year
So weird how America suddenly woke up and realized what fractional reserve banking is
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@ErikVoorhees
Erik Voorhees
6 years
SEC commissioner on CNBC today: "If you want to know what our markets would look like with no securities regulation, the answer is the ICO market.” So... fast growing and full of cutting edge innovation, where adults are able to make decisions with their own money? Sounds awful
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@ErikVoorhees
Erik Voorhees
5 years
Most people think the US dollar has been around for a couple hundred years. In reality, it's been around since 1971. Before that, "US dollar" was a proxy term for a specific weight of gold. The fiat dollar is just a middle-aged payment instrument with high cholesterol.
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@ErikVoorhees
Erik Voorhees
3 years
ETH Folks... try not to become to Binancechain what the Bitcoin Maxis are to Ethereum 🙏
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@ErikVoorhees
Erik Voorhees
4 months
The most important result of Bitcoin ETF will be that it dissuades or even prevents governments from the harshest potential treatment of BTC (such as the impulse to outright ban it). When 50 million boomers own it passively, the political and economic damage from a ban will be…
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@ErikVoorhees
Erik Voorhees
5 months
"I am happy that I will finally have more time to spend looking at DeFi." - @cz_binance This is the way.
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@ErikVoorhees
Erik Voorhees
3 years
The IRS provides a critical service. They ensure you pay your fair share of the Taliban's Blackhawk helicopters.
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@ErikVoorhees
Erik Voorhees
1 year
The only meaningful difference between FTX and most major financial institutions is that the latter gets taxpayer bailouts when insolvent, and the former does not. What's more honest?
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@ErikVoorhees
Erik Voorhees
4 years
I don’t think I’ve met anyone who got really into Bitcoin and then decided it actually wasn’t that interesting and headed on back to fiat.
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@ErikVoorhees
Erik Voorhees
6 years
Bitcoin can be *both* in a bubble and underpriced, simultaneously. It depends on your timescale. Remember the poor fool who bought at $31 in mid 2011 at the top of that bubble...
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@ErikVoorhees
Erik Voorhees
1 year
One bank failing doesn't mean the banking system is unsound. $SIVB Two banks failing doesn't mean the banking system is unsound. $SBNY Three banks failing doesn't mean the banking system is unsound. $FRC Four banks failing doesn't mean the banking system is unsound. $PACW
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@ErikVoorhees
Erik Voorhees
5 years
A libertarian society would always permit a voluntary socialist commune to exist within it. A socialist society would never permit a voluntary libertarian commune to exist, however. The difference between these ideologies is that one respects and advocates peace and tolerance.
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@ErikVoorhees
Erik Voorhees
1 year
No, the government shouldn’t bail out or “backstop” SVB. Consider, for a second, that SVB engaged in the behavior it did in part because of prior bailouts and backstops. Let’s not double-down on moral hazard, yet again. Nobody will care or listen to this tweet.
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@ErikVoorhees
Erik Voorhees
6 years
Why does Bitcoin keep growing? Because it's time to separate money and state.
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@ErikVoorhees
Erik Voorhees
1 year
Slavery was wrong when it was legal, and protecting runaway slaves was right even though illegal. Good humans have the moral obligation to do what is right, regardless of law.
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@ErikVoorhees
Erik Voorhees
2 years
@saylor You said the same thing about Bitcoin 8 years ago…
@saylor
Michael Saylor⚡️
10 years
#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.
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@ErikVoorhees
Erik Voorhees
5 years
You do not need to buy a whole Bitcoin. You can have any portion of a Bitcoin, 0.005 BTC, for example. There are *many* newcomers who do not realize this, and they stay out of the market, or buy an alt, purely because they can't afford a whole Bitcoin. #TheMoreYourKnow
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@ErikVoorhees
Erik Voorhees
5 years
If the "debt ceiling" is raised every time it is hit, then it is not a "debt ceiling."
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@ErikVoorhees
Erik Voorhees
2 years
Closing remarks. Thank you @BanklessHQ for the opportunity to discuss, and thank you @SBF_FTX for stepping into the ring with me.
@notnorzy
norzy
2 years
Well Said Sir 🫡
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Erik Voorhees
1 year
So the state will attack BTC for using electricity, and ETH for being a security. Wise people in crypto will defend both, easily. The attack will fail on both counts, and the blocks will keep ticking... and on the horizon you can almost see fiat's arms flailing in desperation.
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@ErikVoorhees
Erik Voorhees
6 years
In the dotcom bubble, institutions/funds got in first, and mainstreet investors got in last. In the crypto bubble, mainstreet investors are getting in first, and institutions will be last. Crypto too scary for board approval.
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@ErikVoorhees
Erik Voorhees
2 years
Decentralized stablecoin (UST) now trades with #Bitcoin natively. The revolution will not be centralized. @THORChain @terra_money
@mogarchy
mogaᚱchy
2 years
SEX without the CEX
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@ErikVoorhees
Erik Voorhees
3 years
Behold... this has never been done before. Native (unwrapped) #Ethereum in Native (unwrapped) #Bitcoin out $5,000 trade No intermediary No custody No KYC @ShapeShift_io today launched decentralized cross-chain trading, by integrating @THORChain (which also launched today)
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@ErikVoorhees
Erik Voorhees
3 years
Anyone who sold their car for $10k and bought Bitcoin upon seeing this now has $3,000,000.
@EricBalchunas
Eric Balchunas
10 years
The Winklevoss' Bitcoin ETF idea was #5 on Mad Magazine's 20 Dumbest Things of 2013... http://t.co/khqxZ20zhE
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@ErikVoorhees
Erik Voorhees
3 months
Hey @Apple I'll save you the McKinsey fees: Step 1: Buy several billion of BTC quietly over a month Step 2: Announce Bitcoin as payment method in ApplePay Step 3: Make a billion dollars instantly
@BitcoinVanguard
Bitcoin Vanguard ⚡️
3 months
The fact that Apple has been at the forefront of technology for the past 30 years and owns no bitcoin makes zero sense. When are they going to get involved?
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@ErikVoorhees
Erik Voorhees
3 years
I’m squarely in the “it’s not all time high until we breach $20k” camp
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@ErikVoorhees
Erik Voorhees
4 years
Reminder: the dollar is *already* digital. Do you think the number in your bank account is a tally of paper in the vault? When you pay someone with your credit card, do you imagine a shipment of bills is initiated behind the scenes? 🧐 USD and BTC are both digital. One is scarce.
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