Jimmy Song (송재준) @jimmysong Twitter profile

Pinned Tweet

Jimmy Song (송재준)

@jimmysong

5 days

14

4

52

Last Seen Profiles

@jandakembangstw

@SuperchargeDsgn

@LolBiotic

@tjrism

@bndwl2020

@RusamazaN

@Thug_Morales

@handzofsteelmma

@rhsrangerettes

@Himanshu_Aajtak

@ReitsmaRenate

@ZekeMarshall12

@bellapoarch

@harrb2

@Grilla

@world_gummy

@Leosanchezgiol

@PrestonGreene5_

@x1F332

@ihatetamago

@SeamansJen28482

@folkmist

@LLP_11th

@Kamran_Mast1

@RadioTanner

@Geiso2022New

@itsMyrp

@JumiaNigeria

@TheReal_TWill

@_y_a_e___

@annaviva

@Enfamil

@PercyGroyper

@bieIws

@atarihanamaru

@itsPrince_Gee

Jimmy Song (송재준)

@jimmysong

3 years

How do you like the sound of Secretary of Treasury @CynthiaMLummis ?

164

724

4K

Jimmy Song (송재준)

@jimmysong

3 years

I'm confused, what "legal" problems does a country passing *legislation* to make #Bitcoin *legal* tender create? Is there some other jurisdiction that El Salvador has to get permission from first?

266

407

4K

Jimmy Song (송재준)

@jimmysong

6 years

Stuff CS departments should teach, but don't do very well: * Source control, esp. git * How to do effective code review * How to read API documentation * Publishing your own library * Command-line basics * Debugging and fixing for the long term * Refactoring w/unit tests

132

1K

4K

Jimmy Song (송재준)

@jimmysong

3 years

Robinhood is a free/no-commission brokerage. If it's free you're the product. And guess who you're being sold to? Hedge funds.

80

424

3K

Jimmy Song (송재준)

@jimmysong

3 years

I don't think anyone is prepared for the insanity around the coming bull market. It'll be way crazier than you think.

134

270

3K

Jimmy Song (송재준)

@jimmysong

3 years

We live in a world where Joe Rogan can destroy CNN. #Bitcoin can and will destroy USD.

111

209

3K

Jimmy Song (송재준)

@jimmysong

3 years

We already get taxed 4 times for our income: Income Tax Capital Gains Tax Estate Tax Inflation The last one is the worst as it's never-ending. Now they want to add another one?

258

514

3K

Jimmy Song (송재준)

@jimmysong

2 years

Twitter refuses Musk's offer, Musk sells, Twitter goes into a long death spiral, shareholder lawsuits, most of the board gets replaced. Musk sweeps in and buys at a fraction of the price.

172

203

3K

Jimmy Song (송재준)

@jimmysong

5 years

You've been lied to all your life Your college is a reeducation camp Your food is poison Your money inflates at 6.75%/yr Your news is propaganda Your white collar job doesn't add value like blue collar jobs do Once you learn some truth, you can't help but see lies.

101

670

3K

Jimmy Song (송재준)

@jimmysong

3 years

"Elon, is that all you got?" - The #Bitcoin community For those of you that are new, you'll start to understand just how antifragile #Bitcoin is from here on.

128

305

3K

Jimmy Song (송재준)

@jimmysong

7 months

So Argentina has abolished the income tax ahead of its presidential election in a last-ditch attempt to defeat the libertarian candidate who's leading in the polls. This proves: 1. They're printing money, they really don't need to tax you explicitly. 2. That inflation itself is…

130

635

3K

Jimmy Song (송재준)

@jimmysong

3 years

Just curious what the top 10 altcoins by market cap were 4 years ago. This is their performance vs. #BTC ETH -39% XRP -73% LTC -78% NEM -88% DASH -93% ETC -93% XMR -75% XLM -65% GLM -93% REP -92% Altcoin diversification is a waste of time

373

433

3K

Jimmy Song (송재준)

@jimmysong

6 years

In Bitcoin, I'm thankful for: 1. The developers who strengthen the software 2. The hodlers who amplify the store of value property 3. The community who protect the network through shared values Thank you for making civilization better through sound money.

86

693

3K

Jimmy Song (송재준)

@jimmysong

5 years

When Bitcoin is $100,000, are you really going to care that you bought at $8200 vs $7950? The decision to buy at all is much more important.

168

413

3K

Jimmy Song (송재준)

@jimmysong

3 years

#Bitcoin is in its 4th dip this year. 32%, 26%, 19%, 27%. Yet somehow, we're up 75%. Those that stay through the volatility have been rewarded.

63

311

3K

Jimmy Song (송재준)

@jimmysong

2 years

Imagine getting 76 tails in a row in a coin flip. That's the current #Bitcoin difficulty for proof-of-work. About every 10 minutes some machine somewhere gets 76 tails in a row.

124

398

3K

Jimmy Song (송재준)

@jimmysong

6 years

Bitcoin doesn't care if you have a PhD in economics, a tenured faculty position, have billions under management or started 5 companies. Companies don't control bitcoin, neither do academics, VCs or governments. USERS control bitcoin. That's what decentralization looks like.

98

708

3K

Jimmy Song (송재준)

@jimmysong

3 years

Are you ready? Because it's about to get real crazy the next few months.

94

197

3K

Jimmy Song (송재준)

@jimmysong

2 years

Proof-of-stake does not solve the Byzantine General's Problem. Therefore, it does not provide decentralized consensus. If you didn't understand this tweet, then you are completely unqualified to make any claims about proof-of-stake.

386

380

3K

Jimmy Song (송재준)

@jimmysong

6 years

Bear markets are great because we get rid of those that don't understand the tech and were just gambling. I hold because I believe in the technology and the economics. Go away until you have some conviction. Don't let the door hit you on the way out.

106

557

2K

Jimmy Song (송재준)

@jimmysong

3 years

It's crazy to me that people are risking their Bitcoin for a little more yield. Is 200% returns per year not enough? Why risk everything for that extra 7%? Most of these services do not make the risks clear and I suspect there will have to be more bankruptcies before ppl learn.

257

244

2K

Jimmy Song (송재준)

@jimmysong

4 years

The question I hope everyone will soon ask: If the government can just print money, why do we pay taxes at all? Going down that rabbit hole will eventually lead them to #Bitcoin

124

600

2K

Jimmy Song (송재준)

@jimmysong

4 years

In 16 days, #Bitcoin will become the hardest decentralized commodity to ever exist. Excited yet?

136

335

2K

Jimmy Song (송재준)

@jimmysong

3 years

When money's not scarce, everything else becomes scarce.

30

344

2K

Jimmy Song (송재준)

@jimmysong

2 years

Let me get this straight. There are $100M exploits, $1B rug pulls, CBDCs that will get rid of cash forever, people losing their life savings on crypto scams and somehow #Bitcoin Maximalists are the problem?

168

345

2K

Jimmy Song (송재준)

@jimmysong

2 years

Altcoins are all dependent on #Bitcoin . #Bitcoin does not depend on altcoins at all.

170

159

2K

Jimmy Song (송재준)

@jimmysong

5 years

You've been deceived. Your food is poisonous, not nutritious. Your news is mind-numbing, not enlightening. Your job is soul-sucking, not fulfilling. Your money is value-bleeding, not value-storing. Start by taking the power of money away from the elites. Start with Bitcoin.

88

518

2K

Jimmy Song (송재준)

@jimmysong

6 years

After 11 months of writing, I can finally announce that the book is available for pre-order on Amazon! I still have to get through technical review, but my hope is that the print book will be ready by SXSW in March. And yes, that's the honey badger!

103

497

2K

Jimmy Song (송재준)

@jimmysong

3 years

It's amazing how many people still believe that Ethereum somehow invented smart contracts and that Bitcoin doesn't have them. Such people should never be taken seriously again.

210

222

2K

Jimmy Song (송재준)

@jimmysong

3 years

Our government has stolen trillions in value from us to fund a war that did nothing but bring death and destruction to millions. #Bitcoin can't come fast enough.

73

290

2K

Jimmy Song (송재준)

@jimmysong

6 years

Why you don't want a blockchain - 1. Storage: Everyone has to store everything 2. Bandwidth: Everything has to be broadcast to everyone 3. CPU: Everyone has to validate everything 4. Development: Everything is 10x harder 5. Control: Everyone collectively has control, not you

75

669

2K

Jimmy Song (송재준)

@jimmysong

2 years

Bitcoin Maximalists were not toxic enough. This is why people lost billions on Luna, Celsius, 3AC and more.

191

249

2K

Jimmy Song (송재준)

@jimmysong

4 years

The Year is 2025 * Peter Schiff gloats after BTC drops 3% to $287,500 * Vitalik Buterin makes another hard fork announcement after ETH 2.0 delays 6 more months * IBM has yet to find a use case for Blockchain in Enterprise * Roger Ver is still crying about "Cash"

139

218

2K

Jimmy Song (송재준)

@jimmysong

3 years

I don't get the hate against @ParisHilton . Why do people assume that she's dumb or doesn't understand anything? You don't need a PhD to be smart. She's understood #Bitcoin faster than @jason , @PeterSchiff or @Frances_Coppola . That's evidence enough for me.

122

116

2K

Jimmy Song (송재준)

@jimmysong

4 years

If you own #Bitcoin , your best days are ahead of you.

90

251

2K

Jimmy Song (송재준)

@jimmysong

3 years

China completely banning #Bitcoin is the best news I've heard in a while. #Bitcoin thrives in adversity. (see 2013, 2017)

64

173

2K

Jimmy Song (송재준)

@jimmysong

4 years

Facts about @mcuban : * Is a boomer (born 1958) * Did an ICO called Unikrn and got sued in a class action lawsuit because it's down 99.5% * Was looking into running for president He thinks he can judge Bitcoin like it's on Shark Tank Mark, Bitcoin doesn't care about your opinion

110

228

2K

Jimmy Song (송재준)

@jimmysong

2 years

Canada is what you get when Karens get into power.

68

170

2K

Jimmy Song (송재준)

@jimmysong

6 years

"Career" is a euphemism for wage slavery. It's not something to aspire to, it's something to escape.

56

574

2K

Jimmy Song (송재준)

@jimmysong

3 years

My eyes won't glow until $100k, and not a penny under.

82

89

2K

Jimmy Song (송재준)

@jimmysong

3 years

USA: Pondering a trillion dollar coin to use as an accounting trick. El Salvador: Harnessing volcano energy to produce #Bitcoin . What's more honest?

45

201

2K

Jimmy Song (송재준)

@jimmysong

2 years

We've been waiting for the level-end boss for this cycle. I think we finally have one with the Canadian government. If they can't stop #Bitcoin from going to the truckers, I think we easily triple in price.

76

176

2K

Jimmy Song (송재준)

@jimmysong

3 years

Government is becoming more authoritarian and we're starting to see more shortages. This is not unrelated.

30

196

2K

Jimmy Song (송재준)

@jimmysong

6 years

I just published “Why Bitcoin is Different”

Why Bitcoin is Different

If you’re new to the Bitcoin space, the last few months have been pretty crazy. There have been some steep climbs and heart-stopping drops…

jimmysong.medium.com

70

693

2K

Jimmy Song (송재준)

@jimmysong

3 years

Eventually, everyone capitulates.

61

323

2K

Jimmy Song (송재준)

@jimmysong

2 years

I expect Web3 will be rebranded soon. @jack has destroyed that narrative. In 6 months everyone at a16z will act like it doesn't exist. The lesson as always, VCs have something to sell you, they don't do anything from the goodness of their hearts.

90

159

2K

Jimmy Song (송재준)

@jimmysong

6 years

Stage 1: Bitcoin makes you wealthy Stage 2: Bitcoin takes away power from the money printers Stage 3: Bitcoin gives power back to the people Stage 4: Bitcoin makes you self-sovereign Stage 5: Bitcoin builds civilization

114

419

2K

Jimmy Song (송재준)

@jimmysong

9 months

Why Joe Rogan Avoids Bitcoin Discussions Joe Rogan has sidestepped Bitcoin discussions for the past seven years, despite previously hosting Andreas Antonopoulous multiple times. What's stopping him from inviting more Bitcoin enthusiasts? At the heart of it, Rogan simply may not…

324

149

2K

Jimmy Song (송재준)

@jimmysong

3 years

2013: Silk Road 2017: BCH fork 2021: China Banning Mining Extremely Bullish

39

161

2K

Jimmy Song (송재준)

@jimmysong

3 years

I'd rather have plebs with conviction than fickle billionaires.

50

127

2K

Jimmy Song (송재준)

@jimmysong

1 year

Just about everyone dunking on SBF right now. Where were they 18 months ago? It's easy to dunk on someone on their way down. It's much harder when they were riding high. The only people that warned you 18 months ago were the #Bitcoin Maximalists. Still think we're toxic?

195

222

2K

Jimmy Song (송재준)

@jimmysong

3 years

#Bitcoin helped free me from materialism.

71

165

2K

Jimmy Song (송재준)

@jimmysong

2 years

GM from El Zonte

59

43

2K

Jimmy Song (송재준)

@jimmysong

3 years

Some noob, somewhere is buying XRP because it's cheaper on a per unit basis than #Bitcoin . Let that sink in. We're still way early.

163

77

2K

Jimmy Song (송재준)

@jimmysong

2 years

People that promote Proof-of-Stake as an alternative to Proof-of-Work never understood Proof-of-Work in the first place.

133

186

2K

Jimmy Song (송재준)

@jimmysong

5 years

Too many people make a category error when it comes to Bitcoin. Bitcoin is not a tech play like Instagram where you have to constantly innovate to win. Bitcoin is a monetary play like gold where stability and security are what make it valuable.

79

325

2K

Jimmy Song (송재준)

@jimmysong

2 years

#Bitcoin requires a lot of patience to really understand. Both nocoiners and altcoiners suffer from a lack of patience.

112

150

2K

Jimmy Song (송재준)

@jimmysong

3 years

Have you learned yet? 1. Twitter, Google, Apple, Facebook, etc. are trusted third parties. 2. Trusted third parties are security holes. 3. Bitcoin doesn't require a trusted third party.

42

246

2K

Jimmy Song (송재준)

@jimmysong

1 year

Year of first contact: 1985 Computer 1994 Internet 2011 Bitcoin 2023 Nostr Yes, I'm putting Nostr at that level.

178

191

2K

Jimmy Song (송재준)

@jimmysong

3 years

Did anyone even notice we had a 20% correction?

139

80

2K

Jimmy Song (송재준)

@jimmysong

3 years

If you have #bitcoin , you can walk away.

71

119

2K

Jimmy Song (송재준)

@jimmysong

3 years

Think about it this way, a 30% drop takes us to $23,000 I don't think anyone even blinks.

76

88

2K

Jimmy Song (송재준)

@jimmysong

1 year

Where did a guy that was $8B in the hole get $250M?

188

122

2K

Jimmy Song (송재준)

@jimmysong

6 years

My advice for Bitcoin noobs these days. If you're going to sell in 6 months when it doubles or halves, don't bother. If you're going to hold for 5-10 years, then yes, go buy.

114

405

2K

Jimmy Song (송재준)

@jimmysong

5 years

Bitcoin is not a technology Bitcoin is not PayPal. Bitcoin is not a database. Bitcoin is not a startup. Bitcoin is not some code. Bitcoin is more than all of those things. Bitcoin is money.

120

299

2K

Jimmy Song (송재준)

@jimmysong

6 years

Money gets too much respect and execution gets too little. Raising $20M doesn't make you a success. Neither does hiring a bunch of people or selling stuff you don't have yet. Ultimately you're judged by what you've made.

37

373

2K

Jimmy Song (송재준)

@jimmysong

6 years

Best things to eliminate according to my audience: Toxic people/relationships Alcohol/drugs News/politics Sugar Wage slavery Facebook

72

309

2K

Jimmy Song (송재준)

@jimmysong

3 years

When you're in debt, you constantly think about money. When you're saving, you have freedom to think about other things. #Bitcoin is freedom.

74

198

2K

Jimmy Song (송재준)

@jimmysong

2 years

#Bitcoin is a protocol, it's something anyone can use without any permission from anyone. Altcoins are platforms. You are the product and need permission from those that control the platform.

105

251

2K

Jimmy Song (송재준)

@jimmysong

1 year

The whole point of Bitcoin is that there's no one that can rug you. Every altcoin can rug you, this is why we say "Verify, don't trust."

156

155

2K

Jimmy Song (송재준)

@jimmysong

6 years

The more I study money, the more convinced I become that the world is about to embark on a bigger change than anyone imagines. The people who can anticipate these changes and act will be the biggest winners.

68

333

2K

Jimmy Song (송재준)

@jimmysong

2 years

The elimination of the WEF would change the lives of billions for the better.

66

217

2K

Jimmy Song (송재준)

@jimmysong

2 years

You don't need sugar. You also don't need altcoins. Beef and Bitcoin

208

112

2K

Jimmy Song (송재준)

@jimmysong

3 years

Every bull run, new people get excited that such-and-such celebrity is buying #Bitcoin . Don't. #Bitcoin does not need their validation. #Bitcoin does not need their endorsement. #Bitcoin does not need their money. They need #Bitcoin .

55

249

2K

Jimmy Song (송재준)

@jimmysong

3 years

Anyone else feel like $100k is way closer now that we're in the $20k's?

71

63

2K

Jimmy Song (송재준)

@jimmysong

3 years

#Bitcoin doesn't need to change. You need to change.

45

119

1K

Jimmy Song (송재준)

@jimmysong

6 years

7 Deadly Sins of Crypto Pride - not admitting u are wrong Greed - giving 💰 to scammers Wrath - buying or selling emotionally Envy - coveting other coins' gains Lust - investing in stuff u don't like long term Sloth - not getting in Deceit - lying to yourself b/c u have a stake

54

513

1K

Jimmy Song (송재준)

@jimmysong

6 years

Bitcoin: come for the technology, stay for the economics.

56

315

1K

Jimmy Song (송재준)

@jimmysong

3 years

Goldman Sachs endorses ETH just after they announce imminent proof-of-stake. They want the same unfair advantages they get in the USD system in ETH and the Ethereum Foundation gave it to them.

70

177

1K

Jimmy Song (송재준)

@jimmysong

2 years

El Salvador is safe. Here are some places where it's unsafe. Chicago - Murders daily NYC - Armed robbery in broad daylight LA - Homeless living in tents everywhere SF - Stores being robbed blind, defecation in the streets, drug use out in the open, etc.

146

248

2K

Jimmy Song (송재준)

@jimmysong

6 years

Just heard about this. Bitcoin has now surpassed silver as a store of value. BTC = $330B, AG = $320B hattip Mr. Voisine

56

514

1K

Jimmy Song (송재준)

@jimmysong

2 years

I'm calling it now. Next up: crypto dot com

141

110

1K

Jimmy Song (송재준)

@jimmysong

3 years

Buying something other than #Bitcoin is a bet against it.

305

111

1K

Jimmy Song (송재준)

@jimmysong

6 years

Announcement #3 : I am writing a book for @OReillyMedia titled Programming Bitcoin! And yes, I want a honey badger on the cover.

80

159

1K

Jimmy Song (송재준)

@jimmysong

3 years

Today, we learned that politicians are as ignorant about #Bitcoin as mainstream journalists... It really makes you wonder how many laws get passed that make lots of faulty assumptions and are done just for the sake of doing something.

79

213

1K

Jimmy Song (송재준)

@jimmysong

3 years

Here's something that's different this cycle. Alts are not claiming that they're going to replace #Bitcoin .

78

101

1K

Jimmy Song (송재준)

@jimmysong

3 years

Bitcoin is to energy what AirBnB is to housing. Both make use of unused excess capacity. The people spreading FUD are shills for industry incumbents that want to limit competition.

43

238

1K

Jimmy Song (송재준)

@jimmysong

6 years

Want to contribute to Bitcoin as a developer but don't know how to get started? Sign up for my course, where you'll make your own Bitcoin library from scratch! You too can learn Kung Fu: Click here to sign up:

188

392

1K

Jimmy Song (송재준)

@jimmysong

3 years

You cannot serve both money and God. In a debt-based monetary system, it's near impossible to not serve money. #Bitcoin is Christian money.

259

148

1K

Jimmy Song (송재준)

@jimmysong

2 years

Why do I get the feeling that in a month, I'm going to be told I'm a racist if I don't support the war in Ukraine?

146

105

1K

Jimmy Song (송재준)

@jimmysong

2 years

Finally getting around to coding some Taproot stuff into my library. I knew that it was clever conceptually, but I now know the whole thing is designed very well. Good job #Bitcoin core devs and everyone who helped make Taproot happen!

34

137

1K

Jimmy Song (송재준)

@jimmysong

1 year

The events of today make me suspect that the large discount on GBTC is because it's paper Bitcoin.

152

149

1K

Jimmy Song (송재준)

@jimmysong

4 years

Imagine how hopeless everything would seem right now without #Bitcoin .

69

186

1K

Jimmy Song (송재준)

@jimmysong

2 years

Ethereum is as decentralized as that transgender swimmer.

167

98

1K

Jimmy Song (송재준)

@jimmysong

6 years

Please @CoinMarketCap can you list BTC in bits instead? I'm sure 1 bit being $0.015 would make it easier to transition. Also, you can put the price of other coins in bits as another view.

98

482

1K

Jimmy Song (송재준)

@jimmysong

3 years

#Bitcoin has: the scarcity of real estate the fungibility of gold the divisibility of USD the portability of email the durability, securability and unseizability of information and recognizability which we haven't seen before. There has never been anything like it in history.

53

303

1K

Jimmy Song (송재준)

@jimmysong

3 years

Long-term, every investment looks terrible against #Bitcoin .

54

137

1K

Jimmy Song (송재준)

@jimmysong

2 years

Due to PoS, every ETH owner is now incentivized to keep their keys online or keep their coins on exchanges. Besides being a huge security problem, there's now a non-KYC penalty. Does this sound familiar? It should. This is how the fiat central banking system works.

239

279

1K

Jimmy Song (송재준)

@jimmysong

6 months

It takes minutes to buy Bitcoin. It takes years to learn why.

44

266

1K

Jimmy Song (송재준)

@jimmysong

2 months

Saylor Moon Is a speculative attack on USD coming soon? If it does, it's going to be a crazy sight to see. Every institution that can borrow will and essentially short the dollar by going long Bitcoin. The dollar will begin hyperinflating and there will be a lot of unhappy…

101

312

2K