David Zell
@DavidZell_
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Last Seen Profiles
BREAKING: U.S. Congressman
@WarrenDavidson
has just introduced the Keep Your Coins Act, protecting the ability to act as a self-custodian and conduct peer-to-peer transactions by prohibiting any agency from impairing this right.
#bitcoin
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Lyn Alden is kind, brilliant, and an unparalleled asset to the Bitcoin community.
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Elizabeth Warren is wrong.
#Bitcoin
doesn't undermine America's national security. It spreads freedom and human rights.
Here's an excerpt of a letter
@btcpolicyorg
sent the Treasury Department explaining why: 🧵
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Today, human rights leaders from 20 countries told Congress how bitcoin & stablecoins aid in the struggle for global freedom.
The letter was signed by some of the most respected activists in the world, whose stories deserve attention. 🧵 (1/6)
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The letter that prompted the upcoming Congressional hearing on
#bitcoin
mining and the environment is riddled with inaccuracies.
The Bitcoin Policy Institute is sending this rebuttal to Congress to set the record straight.
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JUST IN - Bitcoin Policy Institute memo debunks claims that
#Bitcoin
will help Russia evade sanctions, argues that BTC helps individuals in Ukraine and Russia.🧵
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The House is holding a hearing on PoW mining this Thursday. The Bitcoin Policy Institute is submitting this fact sheet to the House.
They're also submitting a longer statement, emphasizing the need to weigh
#bitcoin
's value to society in these conversations.
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Never thought it would come to this, but I’m selling all my
#bitcoin
Thanks to
@BradSherman
’s testimony today, I’ve realized that the optimal crypto portfolio is as follows:
33% Hamstercoin
33% Cobracoin
33% Cryptocoin
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People who hate
#bitcoin
for its energy usage should look into lawns.
Far worse for the environment. Pretty much 0 benefits—indisputably negative net value to society.
I want to see a multi-million dollar Greenpeace campaign against lawns lol
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I stand with Ross. I don’t give a flying fuck how he’s raising donations.
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If you think 43k
#bitcoin
is expensive or risky ...look up annual settlement volumes between banks, the amount of at-risk money in emerging markets, and the market cap of gold. BTC will breeze past 6 figures capturing a fraction of just these markets.
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🚀Announcing the Peer-to-Peer Rights Fund
The mission? Safeguard the decentralized, peer-to-peer integrity of the Bitcoin ecosystem by defending non-custodial tools and their developers from regulatory overreach.
Learn more & make a tax-deductible donation here:
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1/ Tim Wu, a Columbia law professor and renowned antitrust expert who coined the term “net neutrality” has been advising U.S presidents on tech policy for years. Now, he’s barred from weighing in on
#Bitcoin
.
🧵
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JUST IN - Bitcoin Policy Institute releases in-depth research report assessing Bitcoin as a strategic opportunity for the U.S., arguing that
#bitcoin
will help:
📈Drive Economic Growth
🛡️Counter China
🇺🇸Promote American Values
Read the full report here
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We’re about to launch the most powerful
#Bitcoin
political movement imaginable.
A message to the old guard, from your replacements:
You may not hear us now. Enjoy your hate and ignorance while you can.
Soon you’ll have to choose. Get with us or get out of our fucking way.
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Yesterday, we sent a report to the
@WhiteHouse
’s Office of Science & Technology Policy.
In it,
@thetrocro
&
@jyn_urso
find that
#bitcoin
could help accelerate renewable energy production, stabilize a new, greener grid, and curb methane emissions.
Link:
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Someone donated 3 BTC yesterday to the
@SamouraiWallet
defense fund.
Thanks, anon.
🚀Announcing the Peer-to-Peer Rights Fund
The mission? Safeguard the decentralized, peer-to-peer integrity of the Bitcoin ecosystem by defending non-custodial tools and their developers from regulatory overreach.
Learn more & make a tax-deductible donation here:
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far-left groups too. get over it.
As long as bitcoin and its ilk are decentralised, the ability of far-right groups to use them will remain
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Just in from the White House OSTP - “Crypto-asset mining that installs equipment to use vented methane to generate electricity for operations is more likely to help rather than hinder U.S. climate objectives.”
@thetrocro
@jyn_urso
@DSBatten
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Here’s the full 1-pager you can share when you encounter claims about Bitcoin’s role in sanctions evasion.
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The greatest tragedy wouldn’t be
#bitcoin
going to 0, it would be number going up w/o freedom going up too.
Non-mixed, KYCd bitcoin txns won’t protect anyone from surveillance or punishment and it’s dangerous to suggest otherwise.
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Many are scared to demand privacy. They shouldn't be.
Our laws largely reflect a world with an inherent level of privacy nearly impossible today. Technology has radically transformed the possible scope of personal privacy and surveillance. 🧵
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#bitcoin
is unstoppable on the technological layer, but users are vulnerable on the social layer. Advocacy can buy time.
Hal Finney put it well. "[To] ignore unpleasant political realities is unrealistic. We need to win political...victories"
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With Biden’s EO coming out this week, I’m expecting another round of
#bitcoin
hysteria. Feel free to drop these in the replies of dumb tweets.
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Today,
@USTreasury
requested public comment on the national security implications of digital assets.
In response,
@matthew_pines
and I submitted this report, detailing how
#bitcoin
promotes American interests and values abroad.
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I had an amazing time briefing the
@FinancialCaucus
on Bitcoin’s value. Thanks again to
@SenLummis
for the invitation.
We at
@btcpolicyorg
are excited to continue educating Washington about how Bitcoin benefits America! 🇺🇸
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Today
@btcpolicyorg
submitted a report on digital assets to
@CommerceGov
.
We explain what makes
#bitcoin
special & explore how an open monetary network can advance US interests in financial inclusion, competitiveness, national security, and energy.
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Excited to brief the U.S. Senate
@FinancialCaucus
alongside
@EconWithNick
on Bitcoin and CBDCs this Thursday.
Going to be a big week!
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Hey
@SenWarren
, you’ve got the wrong read on bitcoin and sanctions. Please read this 1-pager from the Bitcoin Policy Institute.
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In 2 minutes I’ll be live tweeting “Why Bitcoin Matters for Human Rights”, the first session of
@OsloFF
’s Bitcoin Academy. Stay tuned to follow along!
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6/ Instead, you’re stuck listening to people w/ an even stronger bias— the bias of not owning
#Bitcoin
.
What do almost all of btc’s big critics today have in common?
They publicly bashed the network between 2013 and 2017, gloated over its drawdowns, and insulted advocates.
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@CryptoWhale
92% of hedge funds do not have exposure to bitcoin. 92% of crypto hedge funds do. Might want to delete this and replace it with the correct stat. Cheers.
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Cursory thoughts RE: the Samourai Wallet indictment
1. Noncustodial P2P software is not a money service business.
Putting aside the question of how SW's founders intended their platform to be used, their software should not be classified or regulated as if it were an MSB.
As
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"When currency catastrophes struck Cuba, Afghanistan, and Venezuela, Bitcoin gave our compatriots refuge. When crackdowns on civil liberties befell Nigeria, Belarus, and Hong Kong, Bitcoin helped keep the fight against authoritarianism afloat." (2/6)
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9/. How is our government supposed to make informed decisions on
#bitcoin
if owners are barred from the conversation?
Our model of governance relies on listening to diverse opinions.
This policy isn’t just dumb. It’s anti-democratic too.
The btc double standard has to end.
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8/ Imagine if we applied such a standard consistently.
Should gold experts be banned from weighing in on policy related to gold?
Every single member of government owns equities, but we don’t ban them from making financial policy that could seriously affect their holdings.
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3/ Because ~25% of his net worth is in
#Bitcoin
.
According to White House officials, “Tim is recused from any particular matters involving bitcoin or cryptocurrency generally because of his financial interest, and has not worked on any such matters.”
This should piss you off.
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The
#bitcoin
community will unseat Brad Sherman, a big-bank funded crypto-alarmist who wants to make
#bitcoin
and all cryptocurrency ILLEGAL!
Stop by to hear from the bitcoiner who’s going to take him down,
@AarikaRhodes
, as well as democratic and republican ‘22 candidates
Guest speakers:
@Amanda_Cavaleri
@TrystineAnn
@DavidZell_
@bitcoinzay
@Do82Nic
Candidates stopping by:
@AarikaRhodes
@robbystarbuck
@MatthewDiemer
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"You recently received a different letter from a group of critics claiming that cryptocurrency is 'unproven' and a solution 'in search of problems.' Our problems are real and the proof is in our stories and work." (6/6)
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Wanna win $1,000 in
#bitcoin
?
We’re about to launch the NRA of bitcoin, and we need a name.
To enter:
-RT this
-Follow
@fight4bitcoin
-use the link below to submit 1 name idea (🚫multiple submissions)
Whoever first suggests the name we use wins!
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bitcoin takes liberal democratic values, enshrines them in code, then allows anyone with an internet connection to access them. This is key for the >50% of the world living under authoritarian governments.
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5/ A policy that forces owners of bitcoin to recuse themselves from weighing in on it seriously impacts the quality of advice.
In the name of avoiding bias, you can’t hear from people prescient enough to pick up on a trend early (who have quite the head start in studying it).
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So
@POTUS
thinks
#bitcoin
is a threat to national security...
Bitcoin Policy Institute's national security expert,
@matthew_pines
, thinks differently and
@saylor
agrees.
More to come from
"To the extent that U.S. national strength rests on our energy resilience, technology innovation, capital growth, and liberal values,
#Bitcoin
gives us a clear advantage over our adversaries." -
@matthew_pines
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4/ Wu has actually used the tech.
He’s sent btc, read the white paper, and spent time thinking about
#bitcoin
in the broader context of monetary and economic history.
But because he owns bitcoin, he can’t share his thoughts…
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"Just as some of us have acted to defend the open web in the past, today we stand to defend an open monetary system and its power to connect the world." (5/6)
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Tomorrow I start my first day working full-time
@_btcinc
, the parent company of
@BitcoinMagazine
,
@TheBitcoinConf
,
@earncarrot
, and
@UTXOmgmt
as their Policy and Public Affairs Analyst.
Needless to say, I'm beyond excited to be working full time in
#bitcoin
.
(1/5)
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"After Russia invaded Ukraine, these technologies...played a role in sustaining democratic resistance — especially in the first few days, when legacy financial systems faltered." (3/6)
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7/ This is a sinister bias.
Imagine waking up every day knowing you’d be rich if you had bought
#Bitcoin
the first time you said it was stupid. It’s gotta hurt.
But fear not. At least now you get the right to weigh in, masquerading regret behind a veil of “objectivity”.
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"We write to urge an open-minded, empathetic approach toward tools that are increasingly playing a role in the lives of people facing political repression and economic hardship." (4/6)
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Demanding ideological conformity is a trait of authoritarians, not freedom lovers.
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had a blast with this. Thanks for having me on Peter!
WBD479 - Bitcoin Is for Anyone with
@DavidZell_
. We discuss:
- Whether
#Bitcoin
is an echo chamber
- The dangers and security of expertise
- Being for everyone makes Bitcoin stronger
- Bitcoin and political exploitation
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"The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal disintegration." - Timothy C. May in 1998
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Paul Krugman now: "BTC is not a convenient medium of exchange; it's not a stable store of value; it's...not a unit of account"
Paul Krugman in 1998: "By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s”
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Amazing news out of Texas this morning, where lawmakers resolved a lack of clarity in Uniform Commercial Codes that creates uncertainty in credit markets where
#bitcoin
is used as collateral. That uncertainty is a major barrier to increased institutional lending (1/3)
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▪️144 million Russians will have their life savings evaporated as the ruble collapses.
▪️“Progressives” like
@SenWarren
are demanding crypto exchanges cut off their only means of escape.
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Disgusting tweet.
If you think Lyn Alden is a man… like this tweet. Nobody will ever know.
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The Inconvenient Truth About State Bills to Protect Bitcoin Rights
Bitcoin has a Federal Government problem and the states can’t do a thing about it.
Over the past year or so, roughly a dozen states have introduced bills to protect one’s right to buy, mine, self-custody
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As
@PeterMcCormack
winds down his show, I want to express my profound gratitude for him and
@_DannyKnowles
, without whom BPI would not be where it is today.
They platformed so many of the brilliant
@btcpolicyorg
fellows early into their journey of becoming Bitcoin policy
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Hosted a chess meet up at my local bar and 40+ people showed up (:
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~16% of the citations in the OSTP’s report on digital asset energy usage come from known misinformation peddler and Dutch central bank employee Alex de Vries, AKA digiconomist
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Eating
@Mandrik
’s baklava and working on the first
#Bitcoin
Super PAC (coming soon to an election near you).
Couldn’t ask for a better Sunday at the
@BitcoinMagazine
office.
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It’s been almost 11 months since we started the Bitcoin Policy Institute
@btcpolicyorg
.
Today I’m feeling overwhelming gratitude to everyone who’s made BPI possible.
To our fellows, advisors, donors, readers, and critics— from the bottom of my heart, thank you.
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Bitcoin is facilitating tens of millions of $ in aid to Ukraine & helping Russian citizens escape the collapsing ruble, further weakening Russia while dampening unintended harm to its people.
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#Bitcoin
allows for zero/low-cost remittances, could solve massive structural problems in humanitarian aid, and will skyrocket investment into clean energy- getting us to economies of scale in renewables faster. Sure sounds “wasteful” to me.
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My friends released their book today. It is the essential text on the moral arguments for and against Bitcoin.
Resistance Money
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Thinking about starting a weekly newsletter covering the intersection of
#Bitcoin
and U.S/International politics. “Decrypting Politics”
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If you don’t think LGBTQ people should own
#Bitcoin
, please block or unfollow me immediately, or let me know so I can do the same.
And
@AFContopp
, go fuck yourself.
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“Rather than viewing bitcoin as a national security challenge, the U.S. should explore how, as some experts have noted, bitcoin may undermine authoritarian states and bolster U.S. strategic objectives.”
Read the full policy memo here
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•Roughly 34 hours into quitting nicotine cold turkey (including those nasty Marlboro Reds
@PeterMcCormack
)
+
•btc ATH
=
•good day
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Looking forward to moderating this debate between
@gladstein
and
@udiWertheimer
.
hopeful that a structured format and agreed upon definitions lead to a good conversation!
📣 DEBATE:
@udiWertheimer
vs
@gladstein
on
#Bitcoin
maximalism. 🤼 Followed by Q&A. Moderator
@DavidZell_
, host
@_log_scale_
. Scroll down for Space invitation. ⤵️
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2/Wu has been studying
#Bitcoin
for a while now.
In a 2017 NYT Op-Ed he referred to bitcoin as a “shared hallucination” and a “bubble” but also defended the network and its ethos/value proposition fairly well.
So why can’t Wu advise the WH on crypto?
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I refuse to believe that anyone on this website would sacrifice legal defense funding for their son facing life in prison in order to maximally reject the usage of NFTs.
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Another great
#bitcoin
Op-ed from one of the fellows at
This time,
@matthew_pines
writes for RealClearPolicy, debunking the claim that
#bitcoin
is a national security threat and outlining some of the benefits the network provides.
#Bitcoin
is often maligned as shady money, a Ponzi scheme, an energy waste, even as a threat to the US dollar.
Rarely discussed is how it can support U.S. strength by fostering renewable energy, help counter China, and drive innovation. Here's how:
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What can a 6th-century game teach us about 21st-century money? A lot, apparently.
To explore the intersections between
#chess
and
#Bitcoin
I interviewed:
@SBF_Alameda
@jackmallers
@MagnusCarlsen
@BTCsessions
@GothamChess
@flip_btcmag
Check out my article, linked below.
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If you're seriously upset at the NFT play, then we as a community clearly need to do a better job of supporting him, not attacking his family/team for doing everything they can to get him out.
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the hilarious thing about the bitcoin mining climate change debate is that the answer is literally to mine way more bitcoin
-We need 500GW of demand response by 2030.
-Bitcoin mining is roughly 14.6GW.
-34 of today's bitcoin mining network's worth needed.
-Two halvings occur by 2030.
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Headed to Nashville to record with
@PeterMcCormack
tomorrow. Excited to chat with him and work at
@bitcoinpark_
!
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I'm about to be live-tweeting the
#Bitcoin2021
panel with
@parkeralewis
of
@unchainedcap
and Robert Gutmann, CEO of
@NYDIG_BTC
as they discuss "Bitcoin Ubiquity and the Role of Institutions" Feel free to follow along here!
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2/ Part 1: BACKGROUND
U.S. policymakers have long recognized the strategic value of providing pathways for global citizens to connect to our society and capital markets when they would otherwise be blocked by hostile governments.
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Super excited to be moderating a panel with
@AndrewYang
@JoForLiberty
&
@allenf32
at Bitcoin 2022.
We’ll be discussing how ideas become mainstream— examining the role of third parties, independent media, and
#bitcoin
.
Announcing cofounder of Bitcoin Policy Institute, David Zell, as a
#Bitcoin2022
speaker!
Two-time national debate champion,
@DavidZell_
studied political science at the University of Alabama where he earned the Top Academic Elite scholarship, awarded to a single student annually.
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