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ZacG

@zacguignard

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Financial Freedom @HRF | Exploring #bitcoin through the lens of economics, human rights, and the environment.

Canada
Joined June 2016
Don't wanna be here? Send us removal request.
@zacguignard
ZacG
5 months
@PeterSchiff We literally held through $15k #bitcoin do you honestly believe this dip phases us?
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@zacguignard
ZacG
1 year
As a university student majoring in economics, many are surprised by my interest in #Bitcoin given the general hostility of this field towards btc. However, this is precisely why I'm interested in #Bitcoin I've seen this discipline from the inside and I will not conform. I'm
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@zacguignard
ZacG
4 months
Andreas Antonopoulos shares his thoughts on #Bitcoin ETFs saying it's like "you buy a ticket on a cruise ship and then you stay at home and you wear a VR headset to be in a virtual cabin that has a fake view of the ocean from a camera on the ship."
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@zacguignard
ZacG
1 year
Unpopular opinion: With a looming recession, all assets will sell off, #Bitcoin included. As panic sets in correlation of all assets will converge to 1, regardless of their value proposition. While we recognize that #bitcoin is fundamentally different and should perform well
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@zacguignard
ZacG
1 year
History of Global Reserve Currencies: 🇵🇹Portugal: 80yrs (1450-1530) 🇪🇸Spain: 110yrs (1530-1640) 🇳🇱Netherlands: 80yrs (1640-1720) 🇫🇷France: 95yrs (1720-1815) 🇬🇧United Kingdom: 105yrs (1815-1920) 🇺🇸USA: 103yrs (1920-now) Is #Bitcoin next in line?
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@zacguignard
ZacG
5 months
"If I start hearing annoying #Bitcoin arguments, I'll sign off" -Elon Musk on Ark ETF Spaces
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@zacguignard
ZacG
10 months
Gary Gensler, head of the SEC, is secretly a #Bitcoin Maximalist 🧵 Don't believe me? Read on👇 Not many people know this, but during his time at MIT, Gensler's fascination with #Bitcoin was ignited as he taught a course on blockchain and money. Little did he know that this was
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@zacguignard
ZacG
11 months
One thing that makes me very bullish on #bitcoin overall? The lack of informed critiques. There exist very few arguments against #btc that can stand their ground in a civilized debate. What's the best #bitcoin critique you've heard?
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@zacguignard
ZacG
1 year
The problem with orange pilling normies is that a proper #Bitcoin introduction requires multiple hours of conversation. Most of the time I'm approached about #Bitcoin I have a few minutes to make my points. What is your #btc elevator pitch?
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@zacguignard
ZacG
3 months
@PeterSchiff You're just jealous because #Bitcoin will have a lower inflation rate than gold, making it the superior hard money.
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@zacguignard
ZacG
1 year
People are blowing this way out of proportion. Key to remember a few things here: 1. This does not affect the decentralization of #Bitcoin Saylor has to play by the same rules as the rest of us, he has no more control over the network than you or I. Still 21 million coins,
@BitcoinMagazine
Bitcoin Magazine
1 year
MicroStrategy now owns 1 out of every 150 #bitcoin that will ever exist 🤯
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@zacguignard
ZacG
1 year
#Bitcoin is a Ponzi scheme #Bitcoin is too volatile #Bitcoin has no intrinsic value #Bitcoin is used by criminals #Bitcoin will be hacked #Bitcoin is bad for the environment #Bitcoin is a bubble Actually, #Bitcoin is the most misunderstood technology of our time. My latest
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@zacguignard
ZacG
1 year
The transition to a #Bitcoin standard won't result in a fair wealth transfer. As Bitcoiners see their wealth soar, many will be left behind. Such is the inevitable result of aligning oneself with economic reality and holding harder money than others. On the flip side, this will
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@zacguignard
ZacG
1 month
#Bitcoin is up 174% since Mr. Trudeau urged Canadians to "buy Bitcoin and opt out of inflation" at the beginning of 2023.
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@zacguignard
ZacG
1 year
It absolutely baffles me that when I walk into my economics lecture this morning there isn't even a single mention of the 2nd and 3rd largest bank failures in US history... Completely detached from reality.
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@zacguignard
ZacG
5 months
"You can either mine #Bitcoin on one small landfill for a year or you can plant 5 million trees and let them grow for 10 years, both of those are going to have the same environmental impact." @Digital_Ore CEO of @Vespene_Energy on mitigating methane through Bitcoin mining.
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@zacguignard
ZacG
2 months
"If you took every holy book there's ever been, every religious book and hid them or deystroyed them, and then you took every science book and deystroyed that, in a thousand years time those science books would be back exactly the same, cause the tests would always turn out the
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@zacguignard
ZacG
1 year
#Bitcoin made me less political, not more. How about you?
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@zacguignard
ZacG
6 months
Doomberg is still waiting for 5k #Bitcoin to "toss a few percent of their net worth towards it" Oh and they want you to know that "ultimately, money is whatever the government says it is." I'm not one to usually say this, but have fun staying poor.
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@zacguignard
ZacG
1 year
BlackRock is filing for a #Bitcoin Spot ETF. In my opinion, if it gets approved this is bullish for #btc price action but bearish for the overall goals of #Bitcoin Do you agree?
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@zacguignard
ZacG
1 year
Just tried to send 50,000 sats via #Bitcoin Lightning. Muun Wallet fee: 6250 sats Wallet of Satoshi fee: 0 sats What am I missing?
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@zacguignard
ZacG
2 months
@RobertKennedyJr @IOHK_Charles This is not the flex you think it is.
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@zacguignard
ZacG
10 months
Yesterday, a #Greenpeace representative stopped me in the street looking for donations. I told them my image of Greenpeace had been soiled ever since Greenpeace USA took a $5 million bribe from Ripple (XRP) to slander #Bitcoin as bad for the environment despite increasing
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@zacguignard
ZacG
5 months
@ck_SNARKs HODL and BRRR are pretty fun 😁
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@zacguignard
ZacG
1 year
#Bitcoin is money #Bitcoin is insurance #Bitcoin is a store of value #Bitcoin is decentralized #Bitcoin is an asset #Bitcoin is a tool #Bitcoin is transparent #Bitcoin is borderless #Bitcoin is a financial revolution #Bitcoin is freedom #Bitcoin holds unique significance for
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@zacguignard
ZacG
2 months
Andreas Antonopoulos on how most benefits of "blockchain" such as immutability, trust, and transparency are exclusive to #Bitcoin and don't exist without decentralization. "80% of what people are saying is a good idea to be implemented on blockchain, add it to the list of things
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@zacguignard
ZacG
10 months
Lyn Alden's upcoming book 'Broken Money' is set to launch at the end of August and I couldn't be more excited. Lyn is one of the most insightful economists of our time and her book will likely follow suit. It will cover #bitcoin and so much more. Do you plan to read it?
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@zacguignard
ZacG
2 months
The speech by @NSmolenski at the #Bitcoin Policy Summit is a must watch. She emphasizes P2P interactions as a human right and the bedrock of civil society, warns against the dangers of government overreach, and champions the power of P2P tech in resisting totalitarianism.
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@zacguignard
ZacG
2 years
United States Representatives who vote together on a Bill, 1949-2011. Incredible depiction of political polarization.
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@zacguignard
ZacG
3 months
Yesterday, high courts ruled that Craig Wright is NOT Satoshi Nakamoto, NOT the creator of #Bitcoin and NOT the author of the white paper. Today, I bring you this unforgettable clip of CSW: "Sorry, I'm going to court on this, that simple. I don't need to face trolls in rooms.
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@zacguignard
ZacG
6 months
I just wrote my last final exam ever. That's a wrap on my Bachelor's of Economics. Excited to now turn my undivided attention to accelerating #Bitcoin Onwards and upwards 🚀
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@zacguignard
ZacG
2 months
@SDNYnews @IRSCI_NY @NewYorkFBI Writing code is not a crime and privacy is a human right.
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@zacguignard
ZacG
9 months
Just finished reading Ray Dalio's book "The Changing World Order" which offers a comprehensive analysis of global economic and political dynamics. While the book is very well written and offers key insights on the current state of the world, I couldn't help feeling like something
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@zacguignard
ZacG
10 months
"Are US Treasury Bonds Still Safe to Invest In?" Watch till the end. Goolsbee's face expresses the exact moment he realizes he needs to buy #Bitcoin and a lot of it.
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@zacguignard
ZacG
3 months
You are not as bullish on #Bitcoin as Nik Bhatia is. "I'm gonna make myself comfortable writing about $6 trillion (market cap) #Bitcoin and I think that it could happen on only a couple hundred billion in demand." This would imply a price of ~$311k per #bitcoin For context,
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@zacguignard
ZacG
1 year
Just finished writing a midterm exam for econ. Imagine my surprise when I flipped the page and encountered a question asking me to make the case for #Bitcoin as money. That's ~60 econ students who had to ask themselves today, IS #btc money? Bound to get some people thinking.
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@zacguignard
ZacG
10 months
'The Blocksize War' by Jonathan Biers is perhaps one of the most important books recounting bitcoin's short but eventful history. It masterfully retells the battle over protocol changes within the #bitcoin community, where the rift between proponents of a larger block size and
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@zacguignard
ZacG
10 months
Whoever said Bitcoiners are only in it for the wealth are wrong. Since discovering #Bitcoin I have... • Become President of my Universities #Bitcoin Club • Began building a personal brand around #Bitcoin and Economics • Launched a newsletter dedicated to advancing financial
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@zacguignard
ZacG
1 year
@PeterMcCormack Unfollowed her a while back, one of the best decisions I've made. Her takes continue to get worse and worse.
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@zacguignard
ZacG
10 months
CNBC News Anchor Joe Kernen suggests that younger generations should be buying #Bitcoin not bonds. I strongly agree. I would never recommend someone my age buys bonds over #bitcoin
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@zacguignard
ZacG
1 year
The Skull of Satoshi is so awesome that when I showed my gf the photo with no context she thought it was a pro #bitcoin campaign! Incredible work @thevonwong
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@zacguignard
ZacG
1 year
This woman is a treasure. Thank you @CynthiaMLummis for your contributions to #bitcoin and for asking all the right questions.
@Dennis_Porter_
Dennis Porter
1 year
Thank God for Senator @CynthiaMLummis 🙏
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@zacguignard
ZacG
2 years
@EcommunistForum Reminds me of that #blackmirror episode
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@zacguignard
ZacG
2 years
How #Bitcoin mining can hasten the transition to renewable energy and a carbon neutral economy. A #thread 🧵
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@zacguignard
ZacG
1 year
Just finished reading The Progressives Case for #Bitcoin It is now my top recommendation for anyone eager to dive deeper into the world of #Bitcoin Similar to how The Bitcoin Standard introduced Bitcoin to a specific group, @cjasonmaier new book is poised to captivate a whole
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@zacguignard
ZacG
2 months
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@zacguignard
ZacG
1 year
Discussions of #Bitcoin arose in one of my #economics courses today. My professor's main argument against #Bitcoin was that it *removes* much needed investment and money from the global economy into an unproductive asset.
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@zacguignard
ZacG
1 year
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@zacguignard
ZacG
11 months
rip Spencer Schiff, if you need a new 20y/o #bitcoin nerd to follow look no further. While others chase the next fad, I'll be here, stacking sats and helping #bitcoin change the world for the better.
@SpencerKSchiff
Spencer Schiff
11 months
@TylerInNiagara @zerohedge It’s not about Bitcoin at all. I don’t think Bitcoin will have a major impact on the world, and its price will probably fall to near zero over the next few years. My thesis is an AI thesis.
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@zacguignard
ZacG
11 months
Great clip of chief economist at UBS, Paul Donovan, declaring #Bitcoin dead back in 2018. Slowly but surely, #bitcoin will humble all those who come to doubt it. So many gold nuggets in there too: "Printing money doesnt create inflation at all" "To be perfectly honest, I
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@zacguignard
ZacG
3 months
25 years ago, Neo took the red pill and saw through the illusions of the Matrix. Today, #Bitcoin offers us the orange pill to shatter the illusions and false promises of fiat currency. Here's to breaking free from the fiat Matrix 🥂
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@zacguignard
ZacG
3 months
As someone with a degree in economics, let me just say that Peter Zeihan is way out of his area of expertise in this video leading to numerous false claims and logical errors about the nature of inflation. Here's why he is wrong about inflation and deflation 👇 For starters,
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@zacguignard
ZacG
4 months
It's too quiet. So I logged onto my Universities Economic Course Union server and casually dropped the #Bitcoin price chart in the general chat. This was the only response I got so far. To which I replied: "This isn't about making money, it's about making money better."
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@zacguignard
ZacG
10 months
@CharlieShrem If #Bitcoin ever breaks the 21 million supply, it isn't Bitcoin.
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@zacguignard
ZacG
7 months
42k confession I did not buy enough #Bitcoin
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@zacguignard
ZacG
1 year
Big kudos to @KitcoNewsNOW and @MichelleMakori for providing a platform to renowned #Bitcoin experts, amplifying their voices and allowing us to gain valuable insights from their perspectives! Keep up the great work! @JeffBooth @DzambhalaHODL @LynAldenContact @FossGregfoss
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@zacguignard
ZacG
1 year
@intocryptoverse There is only one right answer to this question and it's #bitcoin
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@zacguignard
ZacG
10 months
@paulkrugman Inflation of any level is not ethical and can only result in negative consequences to society at large.
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@zacguignard
ZacG
2 months
@PeterSchiff Let me get this straight, I give you my #bitcoin and you give me your gold in return? Does this mean you'd rather hold #bitcoin than gold?
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@zacguignard
ZacG
1 year
It's bittersweet to know that despite our extensive efforts to educate people on the potential of #bitcoin the primary catalyst for widespread adoption will likely just be number go up. Despite this, let's continue to educate and inspire individuals to embrace the technology
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@zacguignard
ZacG
10 months
" #Bitcoin 's Carbon Footprint Revisited: Proof of Work Mining for Renewable Energy Expansion" A new academic paper published by MDPI suggests "a re-evaluation of the environmental impact of #Bitcoin mining, highlighting its potential role as a facilitator for renewable energy
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@zacguignard
ZacG
1 year
@greenpeaceusa @thevonwong For the last 4 years I have been studying the economics of climate change. Our current policies are not enough to reduce emissions at speed and scale necessary. #Bitcoin is a critical climate mitigation tool to reduce emissions and build out the renewable energy infrastructure
@zacguignard
ZacG
2 years
How #Bitcoin mining can hasten the transition to renewable energy and a carbon neutral economy. A #thread 🧵
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@zacguignard
ZacG
6 months
#Bitcoin changed my life.
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@zacguignard
ZacG
11 months
In hindsight, #Bitcoin will have seemed inevitable.
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@zacguignard
ZacG
1 year
@mikefitmfn Hyperbitcoinization is the goal. #Bitcoin is money. This is not about selling for fiat, this is about building a better monetary system for the entire world.
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@zacguignard
ZacG
9 months
I'm always seeing videos of @JoeSquawk making based takes about #Bitcoin on CNBC like the one below. This man is either about to become or already is a serious #Bitcoin Bull.
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@zacguignard
ZacG
9 months
@GrantCardone What's better, the most overvalued asset on the planet or the most undervalued asset on the planet?
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@zacguignard
ZacG
9 months
@jameslavish It took 192 years for the US to tack on their first trillion in debt. It took 3 months for them to add the most recent trillion 🌀😵‍💫
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@zacguignard
ZacG
10 months
Watch Ran Neuner tell CNBC viewers to 'fodl' #bitcoin while it was sitting at $8k back in 2018. There is no second best.
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@zacguignard
ZacG
10 months
@GeorgeGammon George, it's a hedge against monetary debasement. It shot to 69k following the greatest expansion of the money supply the US has ever seen. Those who held #bitcoin preserved their wealth, the rest watched their purchasing power plummet. This is what people mean when they say
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@zacguignard
ZacG
1 year
3 things I've learned as president of a university #Bitcoin club👇
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@zacguignard
ZacG
4 months
Very excited and incredibly grateful to be joining the @HRF and working alongside Ayelen as well as the rest of the Financial Freedom team🎉💪 Exciting developments ahead – from human rights to financial freedom, plus the latest in #Bitcoin Catch it all in the weekly Financial
@Ayelen_Osorio
Ayelen Osorio
4 months
Friends, thrilled to say that fellow Canadian @zacguignard has joined HRF's Financial Freedom team as Content Intern! We'll be working closely together to bring you news, stories, & updates on the status of financial freedom worldwide, particularly for those living under
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@zacguignard
ZacG
4 months
#Bitcoin has officially surpassed Meta to become the 9th largest asset by market cap in the world🚀
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@zacguignard
ZacG
1 year
"I anticipate there will never be more than 100k #bitcoin nodes, probably less. It will reach an equilibrium where it's not worth it for more nodes to join it. The rest will be lightweight clients, which could be millions." -Satoshi 44,288/100,000 🟧🟧🟧⬜⬜⬜
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@zacguignard
ZacG
1 year
The bearish case for #bitcoin is that it becomes a dominant store of value asset.
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@zacguignard
ZacG
2 months
American Hodl on #Bitcoin Maximalism: "Bitcoin maximalists are people with experience. The pleb movement was a bunch of people who got dumped on by the ICO promoters and all the bad actors from 2017 and they realize that the only thing that's real here is #Bitcoin "
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@zacguignard
ZacG
2 years
4 ways #Bitcoin mining and #Renewable Energy make a perfect match. A #thread 🧵
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@zacguignard
ZacG
1 year
"In those environments, when they cut off #Bitcoin it's a really good sign that you probably want #bitcoin because something is not going right with the currency that would trigger such an extreme action." Beautifully said by @LynAldenContact
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@zacguignard
ZacG
1 year
I am very excited to announce that I am starting a newsletter where I will be publishing articles on #Bitcoin and #Economics My first article "Why Bitcoin?" is now available and focuses on the importance of #Bitcoin in the 21st century👇
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@zacguignard
ZacG
2 months
Like this tweet if you hold #Bitcoin only.
@APompliano
Pomp 🌪
2 months
It is hilarious to me seeing so many of the deranged bitcoin maximalists crying over this. Maximalists have been proven wrong by the market. 90% of bitcoiners hold other coins. The loud screeches you hear are a dying breed seeking attention for their inaccurate world view.
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@zacguignard
ZacG
9 months
Excited to share I'm joining @TheyaBitcoin as Education Lead. Theya offers a simple multisig setup via their app. Securing and taking custody of your #Bitcoin has never been easier. My mission: Expand their Bitcoin and Economic resources and help bring #Bitcoin to the world.
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@zacguignard
ZacG
8 months
@BritishHodl I can speak from experience that most people in my generation don't have $35k just lying around. Most barely have enough money to set aside any savings at all, let alone enough to invest. No need to make people feel worse than they already do.
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@zacguignard
ZacG
3 months
@MitchellHODL The only thing more scarce than #Bitcoin itself is Bitcoin knowledge.
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@zacguignard
ZacG
2 months
GM ☀️ Kicked off this beautiful Sunday with a hot shot of espresso ☕, crushed a workout 🏋️, and stacked some #Bitcoin Am I doing this right?
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@zacguignard
ZacG
2 months
@PeterSchiff @DTAPCAP Gold has been around for millennia, and yet in a mere 15 years #Bitcoin has managed to amass 10% of Golds market cap. I expect the final 90% to come sooner than any of us realize.
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@zacguignard
ZacG
10 months
@OwenBenjamin Your argument here demonstrates a clear lack of understanding of monetary history as well as Gresham's law. Your assumption that no one uses #bitcoin is also deeply flawed. For starters, #bitcoin , as a global digital currency, operates very differently from the forms of money
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@zacguignard
ZacG
5 months
@crypt0e @PrestonPysh Preston was speaking the truth, Elon couldn't handle it.
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@zacguignard
ZacG
4 months
Incredibly powerful trailer for an upcoming #Bitcoin documentary from @BitcoinShooter This has the potential to orange pill the masses.
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@zacguignard
ZacG
2 years
@ben_mckenzie Ben I loved your role in Gotham 🙏 but I implore you to look more into #Bitcoin , how it differs from "crypto" and the positive impact it is having around the world, from advancing human rights, a safe haven from currency debasement and a tool to massively reduce methane emissions
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@zacguignard
ZacG
1 year
How early are we? Nvidia's market cap surge in 2023 surpasses the entire #bitcoin market cap. A single company has gained more value in 2023 than the entire monetary system of the future. Take advantage while you still can.
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@zacguignard
ZacG
3 months
Let's be real, #Bitcoin ATH doesn't count until we close above 70k.
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@zacguignard
ZacG
1 year
Attacking #bitcoin on environmental grounds could not be more of a waste of time and energy. Not only will time show that #bitcoin is a positive environmental force but #btc could also disappear tomorrow and we'd be no closer to solving climate change.
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@zacguignard
ZacG
1 year
Despite my examples of benefits such as escape from hyperinflation and colonialism as well as its ability to monetize excess renewables like in @gorillacd they remained unconvinced. However, interest was shown and further convos will likely ensue.
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@zacguignard
ZacG
8 months
Elizabeth Warren would have you know that writing down 12 words is a "ever more sophisticated cryptocurrency technology" Actually, writing is something we learn to do in elementary school. If this is our competition, #bitcoin has already won.
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@zacguignard
ZacG
1 year
@__drgo Been there. When things get too Keynesian for my liking I speak up. Even if it doesn't amount to anything, it is important for other students to hear a differing opinion on these matters and not just take what is taught as given.
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@zacguignard
ZacG
7 months
@GoingParabolic Tell me you don't understand #Bitcoin without telling me you don't understand Bitcoin.
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@zacguignard
ZacG
1 year
@RealKeithWeiner If you think money needs to be backed by something, you don't understand money. The value of money is derived by the trust and confidence people have in it to act as a medium of exchange and store of value.
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@zacguignard
ZacG
1 year
Econ prof: Talking about digital currencies, CBDC and #Bitcoin Me: #Bitcoin > CBDC CBDC is a bad idea due to privacy concerns, potential government control, exclusion of the unbanked, vulnerability to cyber attacks, and concentration of power. In contrast, #Bitcoin offers
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@zacguignard
ZacG
10 months
@CleanUpBitcoin Tell me you know nothing about electrical grids without telling me you know nothing about electrical grids.
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