danny ⚡️ d
@dannydiekroeger
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founder @deezy_inc • dev for @bitcoinfrogs • creator of @astral_babes • meditator and christian yogi
San Francisco, CA
Joined June 2009
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“I’m staying away from bitcoin because I don’t understand it”
Ok bro try explaining the Federal Reserve’s Repo Facility before you use dollars then 😇
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My mom is dying of pancreatic cancer
She recently self-published a book of hilarious stories about Minor League Baseball
Would be pretty neat if we made it go viral to give her a thrill while she’s still around 🙏🏽❤️
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I recently went to withdraw $24,000 in cash from the Wells Fargo in the wealthiest neighborhood in San Francisco
The teller was rattled and went to get his supervisor, who asked him “Do we have enough?”
After a scramble (and asking if I would take some in 50’s) they came up
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- Tax your income
- Tax your purchases
- Tax your investment gains
- Print trillions of dollars to devalue your money
I'm sorry but this situation is absolutely out of control. What do we do?
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Imagine being able to borrow unlimited money and also freely take 37% of everyone’s paycheck.
And then still be broke.
That’s our government.
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One day bitcoin is gonna crash from $2 million to $1 million and someone is gonna ask me if I’m doing ok
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Later this year when bitcoin crashes from $280,000 to $90,000, all the haters will once again declare victory
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Can we please get to 100K soon so I can remove these laser eyes? My mom thinks I’m in a cult.
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When you buy bitcoin you are not investing...
You are saving.
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I won’t ever sell my bitcoins because I can’t morally justify paying half of my gains to this government in taxes
Plan is to out-hodl the IRS
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Goldman Sachs investment bankers will literally work 98 hours a week and still not find any investments better than just buying bitcoin
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If Tether gets shut down and $60 billion of USDTs become unredeemable, I’d imagine most of those holders will immediately try to liquidate for BTC, which would put immense upward pressure on the price
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Bitcoin is just a massive wealth transfer from people who are bad at math to people who are good at math
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Ask yourself why this isn’t on the “news”
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The US Federal Reserve should immediately accumulate $100 billion of bitcoin as a matter of national security
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I don’t think people realize how hard the housing market is gonna dip
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Hash Functions are a key concept in computer science, cryptography, and yes
#bitcoin
.
It's impossible to explain how bitcoin works without first understanding what a Hash is.
If you'd like to expand your background knowledge, read on 👇
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We grind for 10+ years to save enough to buy 20% of a house while the bank just rolls up and pulls the remaining 80% out of their ass, getting ownership rights if the economy tanks
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The largest criminal pedophilia case in history is happening and not only is there zero news about it, but twitter has suspended the account that was covering it
Shameful yet expected
@paraga
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Sweden beat Covid with no lockdowns. Are we gonna just keep ignoring this?
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You feel like you’re late and missed out on bitcoin
You’ll feel the same at $100,000
And $500,000
And $2 million
And $10 million
The fact is your government is bankrupt and their money is melting
Jump in the lifeboat while you still can
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Russia debanked
They move to Bitcoin
Bitcoin moons
Bitcoin outlawed in the west
Are you ready, anon?
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Whatever happened with that Ghislaine Maxwell trial? You know, the largest child sex trafficking case in history?
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plenty of us are known for making outlandish and stupid calls
@balajis
is not one. he has always been measured and eerily prescient
and he’s just predicted the bank failures and money printing will cause $1m per bitcoin within 90 days 👀 🚀
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Irrational bitcoin haters are always the early folks who got it wrong, could have been retired by now, and can't come to terms with their failure
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The Bitcoin Frogs have emerged as the undisputed top original 10k ordinals collection
We at Deezy Labs did the tech for the launch, but it wasn't as smooth as you might think, and we even lost money on the mint.
Here's the origin story of the Bitcoin Frogs:
@vibes_gawd
somehow
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I don’t think most people realize that a mortgage is the same as going levered long the housing market
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Over the past few days, I've written some educational threads covering topics related to computer science and bitcoin. If you've missed any, here they are, linked below 👇
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Oracle changes name to Pooracle after not buying bitcoin
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@PeterSchiff
Peter I've listened to your advice for the last 8 years - bought gold and disregarded bitcoin since $1
My brother has listened to
@maxkeiser
and now lives in a castle with 3 lambos while I am stuck in a 9 to 5
But I think this time is different and you will be right going forward
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The biggest attack on bitcoin will be the false narrative that it’s bad for the environment
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all this contagian means there’s a massive shortage of actual bitcoin
hyper bullish
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I'm pretty sure Magic Eden has pulled one of the most hilarious finesse moves on Coinbase I've ever seen
Basically for every marketplace purchase on Magic Eden, they include a tiny output for the marketplace fee. These are typically tiny outputs, 1000 sats, 2000 sats, etc. A
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Bitcoin is not that complicated. The current global money system sucks so someone made a better one.
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The hope of working on Lightning was one of the biggest reasons I chose to join
@CashApp
almost two years ago
So thrilled to get to work on this over the last several months, and today we’re releasing lightning withdrawals to 100% of customers
⚡️ ⚡️⚡️⚡️⚡️⚡️⚡️
Lightning Network is now available on Cash App. It's the fastest, free way to pay anyone in bitcoin.
Buy tacos, tip your favorite Twitter comedian, or send a friend money abroad—anywhere that accepts lightning.
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Protesting in the street means nothing if you’re still using the money your oppressors can print
For the eighth consecutive week, the French are protesting forced vaccines and health passes.
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I recommend a 60-40 portfolio
60% bitcoin, 40% satoshis
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If you learned economics in school, you didn’t learn economics
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When people ask me how to get rich I say work hard for 10 years and put all your savings in Bitcoin
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If you’ve ever lost bitcoin, sent crypto to the wrong chain, corrupted a wallet, or anything similar, my DM’s are open I’d be happy to see if I can help
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Lessons from Baseball
Four years of Pro Baseball taught me some unique lessons that have carried over to my new career in Silicon Valley
⚾️ 👇🏼
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At what point is it morally wrong to keep paying taxes?
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~ What is an xpub? ~
An xpub ("extended public key") along with an xprv ("extended private key") allows you to generate a nearly endless number of bitcoin addresses without having to store and protect the individual private keys for every single one
👇 Time for a thread 👇
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FTX has apparently been “hacked”, which in the crypto industry just means the devs sent the money to themselves
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Never once seen a public health official recommend good diet, exercise, sun, or sleep 🤔
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~ Bitcoin Addresses ~
How do they work? Where do they come from? Why do some look different than others?
Thread 👇
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I still have my laser eyes because I said I’d keep them until $100k
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Leonidas is goated for the dog thing, absolute heroic effort for the people
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Played Monopoly with the family and tried to argue that nobody should get $200 for passing Go because that’s fiat keynesian inflationary nonsense
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all this fractional reserved bitcoin was suppressing the price
wiping it all out in one swoop is glorious, and immensely bullish once the dust settles
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The other day I spoke with a prominent VC who made almost a billion dollars off Solana and has a heavy stake in Algorand.
He had never heard of the Lightning Network.
Bitcoin's future as a payment rail is not priced in.
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today was my last day at
@cashapp
feel lucky to have worked with such great people for 2.5 years, and had a blast building high volume
#bitcoin
and
#lightning
stuff
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“Funny business” is wearing fancy clothes and pretending to sound smart when all you do is print money
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Be thankful for John Maynard Keynes.
He brainwashed 90% of people with nonsense economic theories just so you could have more time to stack sats.
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If World War 3 comes to your country here's a list of assets that you can't take with you when fleeing to a safer place:
- Housing
- Bank account
- Treasuries
- Gold
- Stocks
What you can safely take with you anywhere:
- Bitcoin
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In light of the Solana network once again halting, here's a quick thread on scaling blockchains, from a crypto developer w/ 5 years in the industry.
👇🧵
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Bitcoin is about to "crash" down to $40,000 and the same people who called it dead at $300 will call it dead again 🥱
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~ The Mempool ~
The Bitcoin Mempool has been a hot topic of discussion lately, as transaction volumes have been increasing, causing congestion in the network, and driving fees higher.
In this thread I'll explain what the Mempool is and what is going on...
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japan's central bank now owns over half of its government's bonds and the yen is rapidly devaluing...
here's how this happened, and what it might mean:
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If I got a satoshi every time I heard news about India banning bitcoin I’d be a wholecoiner by now
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Buying bitcoin is the opposite of investing
Few understand
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The idea that “money can’t work unless the government controls it” will go down as one of the dumbest fallacies in human history
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it’s frustrating
i have tried to focus my efforts on bitcoin: a fair and sound non-government money system that i think the world desperately needs
but we just can’t escape the taint of this *crypto* industry, rife with excessive risk, fraud, and speculation
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~ Bitcoin Seed Phrases ~
Did you know you can store bitcoin in your brain?
All it takes is memorizing some words
In this thread I'll cover bitcoin mnemonic seed phrases and how they work 👇
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Majority of San Francisco people are back to wearing masks outside. These people man… Mass psychosis.
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If you're protesting the US Government but keeping your savings in Dollars... you're doing it wrong.
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In 1921-1922 Germany, all investments were going to the moon, people were ecstatic thinking they were getting rich, but really it was just the beginning of their currency hyperinflating
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Proud to work at a company that sees the future
Today,
@Square
announced that it has purchased $50M in bitcoin. Square believes cryptocurrency is an instrument of economic empowerment and provides a way to participate in a global monetary system, which aligns with the company’s purpose. For more, visit .
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@PeterSchiff
You called it a bubble when it was $3 so I didn't buy
You called it a bubble when it was $30 so I didn't buy
You called it a bubble when it was $300 so I didn't buy
You called it a bubble when it was $3,000 so I didn't buy
This time is different?
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We launched the Astral Babes in the first days of ordinals around inscription
#2000
. No roadmap, no promises, no BS, just a pure art project and a chance to purchase an early inscription at around the cost of inscribing
My first ever published art, unapologetically AI,
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g7 announcing an import ban on russian gold could be the start of the big moves that many of us have been anticipating for a while...
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