Orange pills 💊 finally available in JP🇯🇵
“The Bitcoin Standard” officially released today.
Almost surreal to see my 6-month work becomes a tangible good and is displayed on a shelf of Japan’s biggest bookstore.
Thank you so much
@saifedean
@wiz
Argentina's monthly inflation rate:
December: 25.5%
January 2024: 20.6%
February 2024: 13.2%
Argentina also just recorded its 1st budget SURPLUS in 12 years (of $589M)
Milei was inaugurated 3 months ago
A sad day for JP bitcoiners.
Confirmed by the tax agency the inheritance tax on
#BTC
can be 110%. If you're all in, likely to fall for 110%. Your kids get nothing and are forced to pay 10%. They can waive, which means they also can't get any other assets you might have. WTF.
Yesterday,
@esiattorney
transferred $20 to me in San Salvador at almost no cost.
But really, why should we convert to $ at all?
New experiment. Does anyone on Twitter want to buy me a Big Mac?
It doesn't matter who you are or where you are. You just need a Lightning wallet.
A 19 year old French computer engineering student was stabbed to death by 3 people (including his lover) who were trying to extort 200,000 euros worth of cryptocurrency from him.
CRIMINALS ARE MAILING MODIFIED LEDGER DEVICES TO STEAL BITCOIN
- devices are being mailed to users exposed in the recent customer database leak
archive:
New users: Be careful when you copy-paste a
#Bitcoin
address. There is malware that replaces bitcoin addresses in your clipboard with its own, similar-looking address. This is a simple yet effective attack, that targets all wallets. Always check a pasted bitcoin address!
Prediction:
Within 5 years a country will
1) ban Bitcoin
2) their currency will weaken and fall
3) citizens will massively disobey & use Bitcoin anyway
4) the fiat currency of that nation will continue a downward spiral while citizens flee to sound money
5) the fiat will fail
11/ YEP YOU GOT IT--*IF*
#ElSalvador
does pass legislation to recognize
#bitcoin
as legal tender,
#BTC
would v likely become *MONEY* under US commercial law (: "Money means a medium of exchange currently authorized or adopted by a domestic or foreign govt")
If you are interested in the legal considerations firms face while integrating
#Bitcoin
into their corporate strategy, you are not alone. We have professionals from more than 1400 firms joining us tomorrow for this discussion. There is still time for your legal team to attend.
“Of course I hate the Bitcoin success,” Charlie Munger says. “I should say modestly that I think whole damn development is disgusting and contrary to the interests of civilization, and I’ll leave the criticism to others.”
“I’m okay on that one,” Warren Buffett adds.
#YFBuffett
The ideal mobile wallet will eventually let you pay merchants in USD/EUR funded by a low interest credit line secured by your BTC assets. If BTC collateral falls below threshold, switch to unsecured credit line at higher rate. Ergo, no need to sell your
#Bitcoin
& incur taxes.
President of Tanzania 🇹🇿 calls on the central bank to prepare for the "use of cryptocurrency"
"We have witnessed the emergence of new journeys through the internet...My call to the central bank, is to start working on that development."
Paraguay’s 🇵🇾 Deputy of the Nation, and Member of Congress, plans to present a
#Bitcoin
bill next month.
Following El Salvador's
#Bitcoin
bill,
@CarlitosRejala
says,"Our country needs to advance hand-in-hand with the new generation.
Only 103 blocks in the last 24h, yet the mempool is still almost empty: less than 3 blocks depth, and 7 sat/vB is enough for the next block.
estimates another −21% difficulty adjustment in 12 days.
#mempoolreport
Important to keep in mind:
Bitcoin's Proof-of-Work was invented to escape Proof-of-Stake financial systems, where the largest asset owners can unduly influence the rules of the game.
Thanks to PoW + full nodes, neither miners nor the biggest BTC hodlers can change the protocol.
Just received JP ver. of “The Bitcoin Standard” fresh out of the printer 🎉
Presale is going well according to the publisher. Thank you 🙏
@saifedean
@wiz
刷りたてホヤホヤの見本が届きました!
7/20発売👇
おかげさまで予約販売好調です🙏
New Zealand's Pension Fund purchased $17.5 million of bitcoin in October.
Today that investment is worth almost $100 million.
Every pension will eventually buy bitcoin. (h/t
@Xentagz
)
Last May,
#bitcoin
remittance transfers of under $1,000, from Salvadorans 🇸🇻 working abroad and sending money home, was $424,000.
This May, it was $1.7 million in
#bitcoin
Everyone heard about
#Bitcoin
in 2017.
Everyone had access to to learn.
Everyone had 3 years to sell their chairs and cut their own hair.
Nobody got lucky.
You don’t own “web3.”
The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label.
Know what you’re getting into…
Today, we announced the launch of Seetee!
We are a new company in the Aker group, and will invest in exciting projects and companies throughout the
#Bitcoin
ecosystem.
Bitcoin is our treasury asset. Our first purchase was 1,170 BTC and our strategy is to hodl.
You gotta realize that there are people on Twitter whose entire job is to try and convince you to buy altcoins instead of
#Bitcoin
. They present themselves as independent but are almost certainly paid by altcoin insiders. The altcoin folks have a lot at stake.
1/x🧵
THE JAPAN MOMENT IS NOW.
If you think crypto is crazy right now,
watch what's happening to the worlds MOST indebted
#g7
country!
Forget FOMC.
Forget 3AC.
Forget Celcius.
Since 2010 I've been closely following this situation... Thanks to
@Jkylebass
President-elect Milei to close the Argentine central bank. “It’s not negotiable.” See the official release and translation below.
PRESS RELEASE
Buenos Aires City, November 24, 2023 - The Office of the President-Elect of the Argentine Republic communicates that the only official
President Bukele:
#Bitcoin
legal tender launch to be supported by 200 new ATMs and 50 new branches.
$BTC buying will be available "without commissions." 🇸🇻
A little celebration 🎉 with
@wiz
and the editor.
Finished translating
@saifedean
”The Bitcoin Standard”.
「The Bitcoin Standard」の翻訳完了🎉のご褒美
この本でビットコイナーを増やしたい!