David da Silva Rosa
@dldasilvarosa
Followers
6,035
Following
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391
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Teaching Bitcoin with @mybtcacademy on YouTube | @TUDelft Aerospace Engineer
On-chain, off-grid
Joined March 2008
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FAKE PEOPLE STANDING ON A FAKE PODIUM ANNOUNCING THEY WILL PRINT FAKE MONEY
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I quit my job. We sold our little home. We just sold the van we built and lived in.
In a few weeks we're getting married ❤️. The day after we'll be on a plane to Mexico with our baby and 2 dogs. El Salvador comes next
Yes, we're scared. But we're also committed to freedom
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Almost one year down in El Salvador, I've never seen anything like the pace at which the infrastructure is being developed here
Una de las grandes necesidades que encontramos al llegar al Gobierno, era la insuficiente, precaria, obsoleta y destruida red vial…
Y aunque sabemos que falta muchísimo por hacer, estamos trabajando 24/7, para lograr nuestra meta de tener la mejor conectividad de Centroamérica.
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I sold all my
#Bitcoin
when it crashed 😢
To 45 USD in 2013 thinking this asset is way too volatile for me
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BREAKING: Director of the Dutch Bureau for Economic Analysis is calling for a COMPLETE BAN on mining, holding and trading
#Bitcoin
and other crypto assets.
Article in Dutch behind paywall:
I’ve highlighted the main points in the thread 👇
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Bitcoin was made for the Billions. Not for the Billionaires.
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Name a fiat company with a Bitcoin name
I'll start: Forever 21
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I don't follow enough plebs. Where are you at?
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JUST IN - El Salvador extended the validity of its tourist card from 90 to 180 days!
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We left Europe, spent an amazing and interesting 6 months in Mexico
Now we're finally heading to what we plan to be our final destination: El Salvador 🇸🇻
We couldn't be more excited! 🧡🧡🧡
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"I think this is the most important place in the world right now" said
@jdennehy_writes
from
@MyfirstBitcoin_
at
@AdoptingBTC
What's made me SO BULLISH on
#Bitcoin
in El Salvador are the amazing people that pour their heart and life force into this project
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El Salvador is so safe that you can freely drive around in your Porsche GT3RS 🏎️😎
Unthinkable to draw this much attention only a few years ago!
Thanks
@nayibbukele
!
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Dutch politician Thierry Baudet wants the government to use a coal plant to mine
#Bitcoin
:
"Why don't we just use one coal plant exclusively for mining Bitcoin?"
"That bitcoin could then serve as a sort of secondary gold reserve"
Is this a good idea from
@thierrybaudet
?
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If you have less than 1 BTC you should stack sats instead of going to conferences
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Youth celebrating in Amsterdam yesterday. Seems like we may reach a tipping point soon
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The
#Bitcoin
Law exists 1 year in El Salvador 🇸🇻. To verify the progress, I interviewed random Salvadorans in the streets about Bitcoin, their experience, and what it means for the country...
🧡🙏🏻 Please SHARE the video LINKED below 🙏🏻🧡
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2 weeks ago I flew to Mexico with my family to eventually find a better life in El Salvador
Now that I'm acclimated, strong emotions are coming up that I probably suppressed while I was focused on leaving Europe
If you're on a similar path, make room for the emotional side too!
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“They’re still up half a BILLION DOLLARS. Do the f***ing math!” 🔥🔥🔥
Greg Foss
@FossGregfoss
bringing the usual fire on stage at
@AdoptingBTC
as he discusses
#Bitcoin
adoption in El Salvador with
@Excellion
,
@maxkeiser
,
@paoloardoino
and
@bitcoindadpod
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What's up with El Salvador's volcano bonds? 🌋🌋🌋
At
@adoptingBTC
,
@maxkeiser
reported that the securities laws that go with the volcano bonds are "basically imminent" and "the actual bond is ready to go"
Would this be a good time for the volcano bonds?
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7 things I like about El Salvador after living here for over a year
In early 2022, my wife and I left Europe for Central America with our 10-mo son, now a 2yo
🍍 Fresh fruit and veg. Vegans & meat eaters find what they need
☀️ Perfect, sunny weather 6 months a year
💸 Using
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Transacting on Lightning is:
2019:
#reckless
2021: A legal obligation in an entire country 🇸🇻.
Are lightning network developers freaking out right now?
@starkness
@roasbeef
@alexbosworth
@dickerson_des
@RyanTheGentry
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Thierry Baudet over
#Bitcoin
op
#FVD
campagnetour in Eindhoven:
"Waarom maken we niet gewoon één kolencentrale die we exclusief inzetten voor het minen van
#Bitcoin
?"
"Die bitcoin kan dus dienen als een soort tweede goudvoorraad"
Verstandig overheidsbeleid van
@thierrybaudet
?
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Here's my rebuttal of this article.
First, Crypto is conflated with
#Bitcoin
. Bitcoin was invented by Satoshi Nakamoto and developed by hundreds of volunteers working on the open-source code. Its valuation is uncertain because humans are trying to value it.
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As
@real_vijay
explains in his article The Bullish Case for Bitcoin, a monetary good evolves in stages:
1 Store of Value
2 Medium of Exchange
3 Unit of Account
The Director of the Dutch Bureau for Economic Policy Analysis fails to understand this
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Finally,
#Bitcoin
's energy usage is not a waste. If anything, it's a massive social good enabling Billions of people access to dependable money that cannot be inflated or censored by governments. If you don't think that's worth any energy, then don't use it.
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Awesome surprise yesterday at the beach in El Salvador 🚁
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It's intellectually dishonest to blame
#Bitcoin
and crypto assets for the financial instability caused by a crash. The fiat system is marked by central banks keeping interest rates artificially low, causing a misallocation of capital which in turn leads to huge corrections.
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Ledger Live will soon feature Full Node support, as announced by
@ledger
CEO
@_pgauthier
at
@surfinbitcoin
.
"we want to build products on the principles of privacy and liberty"
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Madeira cares about your BTC, not about your freedom
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If you think ETH just made a new ATH, you're using the wrong yardstick
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El Salvador 🇸🇻 just paid off 800 million dollars of debt plus interest 💰
For months, the old media spread lies that El Salvador wouldn't pay its debt.
When are you gonna stop believing what they write?
Well, we just paid in full, 800 million dollars plus interest.
But of course, almost nobody is covering the story.
I just found one, yes ONE, in spanish, from Colombia
They lie and lie and lie, and when their lies are exposed, they go on silence mode.
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He starts by quoting Greshams Law: “Bad money chases out good money”
Conflating
#Bitcoin
with shitcoins, he says that crypto has properties of bad money: unknown origin, uncertain valuation, shady trading
He predicts that Good money (fiat) will chase out bad money (crypto)
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#Bitcoin
's volatility arises from its recent inception. The majority of people don't understand its decentralized nature and sound principles. Most discover it as a way to get rich fast. but the longer they study it, the more they focus on long-term accumulation.
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Regarding the so-called "shady trading", the overwhelming majority of trading happens on regulated exchanges where users have to identify themselves.
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I left Ledger over a year ago because I couldn't stand the shitcoining any longer. Shitcoin support was a prerequisite for Ledger Recover's design and KYC was necessary to offer insurance
Ledger builds products for average people, bitcoiners try to be better than average
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Yet, not everyone has the same understanding of its value. That's why anyone can express their valuation on the free and open market.
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Back to the opinion piece, the assertion that criminals use crypto has been debunked a long time ago. I am not a huge fan of
@coinbase
but they did write a short and sweet article on the myths that criminals massively use cryptocurrencies.
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Every time the market crashes, a financial crisis is created. Central banks then print huge amounts of money so governments can hand out money to their cronies in the form of bailouts.
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The crashes are actually a good sign: it punishes those without conviction and rewards those that continue to buy at low prices. It also clears out the market from scams and shitcoins, that trade at much lower prices.
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I just published: My 5 Reasons to Move to El Salvador!
▶️ Full video on YouTube:
▶️ Like, share and subscribe! 🙏🏻
▶️ Teaser below 👇
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I'm giving away 5555 sats to 5 lucky followers to celebrate reaching 5555 followers
All you have to do is like, retweet and drop a
#Bitcoin
Lightning invoice for 5555 sats in the comments!
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Not to mention that the financial crisis is actually a crisis in trust: the fiat system requires trust that your counterparties are solvent. With
#Bitcoin
, there is no trust needed since all the coins are verified on an open, distributed ledger.
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Then the 3 functions of money are quoted: unit of account, medium of exchange and store of value
He writes how fiat money performs well as SoV, claiming there inflation has been low for decades. Electronic payments make it a good MoE. He thinks this will improve with CBDCs
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Today I'm excited to launch my YouTube channel focused on Bitcoin and moving my family to El Salvador!
Make sure you subscribe to receive regular updates on our journey and to learn more about
#Bitcoin
!
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@vonderleyen
Translation:
"We will rob your pensions and savings to fight the weather from changing"
Therefore 👉
#Bitcoin
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What I liked most about the
#Bitcoin
conference today was that my son walked for the first time
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"Without control of the money, a State can't be sovereign. So it's the most wonderful thing to see what's flourishing here, I give it my whole-hearted support" 🧡🧡🧡
@Beautyon_
on El Salvador at
@AdoptingBTC
, w/
@stacyherbert
, Michael Peterson,
@CierrePorbin
, and
@JoeNakamoto
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Comparing fiat to crypto across these 3 functions, he writes how they are too volatile to be a SoV, aren’t widely accepted enough for a MoE, and their “security is threatened by scams”. He says crypto only has good privacy, which is why criminals supposedly like crypto.
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BREAKING: ING bank shut down the bank account of the civil rights group
@viruswaarheid
that's fighting the authoritarian and unfounded Corona policy of the Dutch government in multiple lawsuits.
Should they start accepting
#Bitcoin
?
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The Director of the Dutch Bureau for Economic Analysis concludes that a total ban on production, trading and holding cryptocurrency is needed. This would cause the price to plummet because
#Bitcoin
has no intrinsic value and is only valuable because others may accept it.
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@nayibbukele
Past: developed vs. developing countries
Present: falling countries vs. rising countries
I just published: My 5 Reasons to Move to El Salvador!
▶️ Full video on YouTube:
▶️ Like, share and subscribe! 🙏🏻
▶️ Teaser below 👇
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Based on his analysis, any cryptocurrency is not suited to fulfill any of the 3 functions of money. Their valuation is based on fools believing a narrative. So, the crash of the crypto bubble is inevitable, he writes.
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He then goes on to describe other countries banning crypto to prevent harm caused by fraud, criminal use, financial instability and energy waste with mining. Only China is mentioned though since it “blocks BTC accounts on social media”.
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The Netherlands is behind on those countries, according to him. Soft regulations legitimize cryptocurrency and recent developments show quick action is required.
He does not describe why the 2018 crash was so harmful, or what harm a next crash could cause.
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@MyfirstBitcoin_
plans to educate hundreds of thousands of students in El Salvador about
#Bitcoin
, including basic finance, and how to use wallets
I think this is one of the most important projects in El Salvador right now
Yesterday was another
@MyfirstBitcoin_
#BitcoinDiploma
graduation. They are all special but this was the most inspiring yet. Incredible work from everyone to organize it all
@elisuademo
@ronnyavendano_
@cryptomag11
@natmfernandez
@Claudialvarez04
@pilamaHT
@daxsosa
@dalia_platt
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The world is scrambling for dollars, which aren't strictly limited in amount, and countries are getting wrecked.
Can you imagine the chaos when they realize they need
#Bitcoin
, the scarcest asset ever?
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What better way to end 2023 than with a new family member?
Welcome to our beautiful daughter, Veda! 🌸
I’m so proud of her mother
@Risewithrins
, who received her at home with incredible courage and openness. What a strong woman you are ❤️
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This BLEW me away at
@adoptingbtc
!🤯🤯🤯
Converting coins into
#Bitcoin
with Lightning⚡️
Made in El Salvador by
@k1elsalvador
, I could easily see these all over the world! 🌎🌎🌎
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@Nabiyaa__
@RealCandaceO
if she doesn't speak up maybe there won't be such a great country for her child to enjoy
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beautiful sunrise this morning ☀️🇸🇻
Hope you have a great day
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Huge farmers protests today in the Netherlands
Distribution centers, supermarkets and highways are blocked since this morning, including the German border and ports blocked by fishermen
#boereninopstand
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@thierrybaudet
Ah je bent nog in je shitcoin fase. Dat is prima hoor, iedereen moet het leerproces door. Zodra je snapt dat alleen Bitcoin ertoe doet, ben je van harte welkom, maar ik ben bang dat je nog niet genoeg verloren hebt!
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Bitcoin influencers are as predictable as
#Bitcoin
's inflation schedule
1. Post bullish BTC charts
2. Build following on social media
3. Sell out with trading or shitcoins
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@KakvrijDenHaag
Als je de ziekte al hebt gehad, ben je al onderdeel van de oplossing. Een prik erbij is dan alleen maar schadelijk. Er is letterlijk nul reden om een prik te nemen als je de ziekte hebt gehad.
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Israël preparing to lock down again despite vaccination (many with a third dose). This is about suppressing people, not a virus
BREAKING: ISRAEL, WITH MOST OF THE POPULATION FULLY VACCINATED, IS PREPARING FOR ANOTHER LOCKDOWN IN SEPTEMBER
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Rumor has it El Salvador is under great pressure from the IMF to kill the Bitcoin bonds and that's why they're delayed
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@gladstein
@AdoptingBTC
Why don’t you come down here and talk to the people of El Salvador and see what it’s like instead of attacking the government from where you are?
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@francispouliot_
Absolutely awesome that you did this and especially that you documented it. Way to go! Enjoy your stay in clown country 😄
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Getting my daily ration of lentils. Have you had yours yet?
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ICYMI:
@nic__carter
hosted an EPIC Twitter space with the president of El Salvador
@nayibbukele
.
Some key points are summarized here: 👇
Paraphrasing
@nayibbukele
from
@nic__carter
's Spaces on
#Bitcoin
legal tender:
El Salvador govt will have a govt-wallet for merchants (but it won't be the only choice), as Bitcoin is an open network
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Here's the full text in Dutch on the website of
@CPBnl
:
And its Google Translated version is not too bad:
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Packing up some extra hardware wallets for any new friends I’ll make down in LatAm. We need as many people as possible to hold their own keys 🔑
My little node is ready to go too. Let’s do this!
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With all the positive stories coming from El Salvador, do you sometimes wonder about the tradeoffs of living there?
To help you set realistic expectations I just published this video: 10 Reasons NOT to Go to El Salvador
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told you so
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Get this: The global elite is scared shitless of a bunch of geeks running low-powered computers in their bedrooms.
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@GideonvMeijeren
Mijn steun heb je!
En waarom op IG als je op X een veel groter aantal volgers hebt?
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@blckbxnews
Geweldige zaak Flavio. Bitcoin geeft miljarden mensen toegang tot eerlijk, transparant en betrouwbaar geld dat niet gemanipuleerd kan worden door overheden en centrale banken. Check 't boek: The Bitcoin Standard (ook NL vertaald). Ik beantwoord graag al je vragen.
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.
@krakenfx
just sent an email campaign to announce their new app (which looks slick!) but it's not available yet on the app store.
Has anyone been able to test it yet?
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A positive PCR test for Covid can mean you stopped being infectious two months ago, says Oxford Professor
@carlheneghan
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@Breedlove22
Sure, keep doubling down. is it that hard to admit you shouldn’t have given public attention to a scamcoin? There’s only one way to try to repair your reputation and that’s by admitting it wasn’t a good idea to talk about it in public.
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