Ben Redding

Blockchain lover, beancounter, wannabe economist, objectivist and believer in free market

[Ben Redding @BlockchainAcco3]

Work hard,
stay humble,
dream big..

[Ben Redding @BlockchainAcco3]

@lilybrodi 8 years and counting... battled and bruised. I was scammed in the early days (a phishing call that cleaned my one cex account), then Celsius, then Ftx.. countless Alts rug pulls.. 3 Bear markets ... AND still standing. Still up overall and bullish AF on my 10 year/2028 plan🤣

[Ben Redding @BlockchainAcco3]

@martypartymusic Any chance the same vulnerability exist in other Cardano wallets?

[TapTools @TapTools]

After four years of building for Cardano, today we have difficult news to share.

[Linda @Cryptofly777]

Is Cardano Doomed?

If you’ve been on Cardano X lately, you’d probably think the ecosystem is falling apart.

Governance drama, constant fighting, and endless negativity.

But Cardano is actually far from doomed!

Let’s talk about everything that's happening right now 👇

[WOLF @WOLF_Financial]

JEFF BEZOS SAYS: "WE DON'T HAVE A REVENUE PROBLEM IN THIS COUNTRY. WE HAVE A SPENDING PROBLEM."

"A nurse in Queens who makes $75,000 a year pays more than $12,000 a year in taxes."

His suggestion:

"How about we start by having the nurse in Queens not pay taxes at all? We shouldn't be asking this nurse in Queens to send money to Washington. They should be sending her an apology."

The math behind it: "The bottom half of income earners in this country pay only 3% of the taxes."

He added the US already has "the most progressive tax system in the world. The top 1% of taxpayers pay 40% of all the tax revenue."

[SightBringer @_The_Prophet__]

⚡️Saylor is right.

Bitcoin is where a massive share of global capital ends up once the world fully understands that every other store-of-value rail is compromised by politics, dilution, leverage, seizure risk, or counterparty fragility. That is the real signal. He is saying it in loud TV language, but the core truth is simple: capital wants a final settlement layer, and Bitcoin is the strongest candidate.

“Hundreds of trillions” sounds absurd only if you still think Bitcoin is mainly a trade. It is not. It is a gravity well for savings. It is competing with sovereign debt, cash balances, gold, second homes, offshore wealth parking, reserve assets, corporate treasuries, and every fake safe haven people use because they do not have a better option. Once you see that, the scale no longer sounds crazy.

The real thing he is naming is capital exile. Money is trying to escape from human institutions that cannot stop debasing, overpromising, and weaponizing the systems they control. Bitcoin is the exit. That is why the case keeps getting stronger every time governments panic, every time central banks improvise, every time debt expands faster than trust, every time the banking layer reveals fragility, and every time people realize their “safe” assets are only safe inside a decaying political order.

Bitcoin does not solve human stupidity. It does not solve war. It does not solve bad culture. It does not solve weak productivity. What it solves is the storage problem underneath civilization. And that matters more than most people understand. When people can store value in something that cannot be diluted or politically bent, the whole structure of capital allocation starts to change. Housing stops carrying as much monetary burden. Bonds lose some of their fake sacredness. Corporate treasury behavior changes. Sovereign reserve logic changes. Personal savings behavior changes. The shell around capital gets harder.

Saylor’s deeper insight is that Bitcoin wins before most people intellectually admit it. It wins through repeated institutional failure. It wins because every other system keeps teaching the same lesson. It wins because the modern world keeps producing reasons to leave. That is why he sounds absolute. He sees the destination clearly.

The part people still do not get is that Bitcoin is not climbing toward legitimacy. It is absorbing it. Every cycle, more of the legitimacy layer leaves the old system and settles into Bitcoin. First retail. Then funds. Then ETFs. Then corporates. Then treasuries. Then sovereign-adjacent behavior. That staircase is already happening.

So the deepest read is this:

Saylor is describing the monetary endgame in oversimplified language.

And the endgame is real.

A huge share of the world’s capital is going to end up in Bitcoin because the world no longer has a trustworthy place to store value at scale.

[Brian Armstrong @brian_armstrong]

You can send money from the U.S. to Australia faster than I wrote this tweet, for less than a cent. Thanks crypto.

[The ₿itcoin Therapist @TheBTCTherapist]

POV: In 4 years Bitcoin went from $69,000 to $16,000, then it went to $126,000 and back to $60,000 — but you’re not selling, you’re buying more.

[Coinbase 🛡️ @coinbase]

An overview of our Q4 and full year 2025 financial results.

With something extra to keep you focused.

[Linda @Cryptofly777]

Officially starting to hand out hugs.

Who wants one?

[Ben Redding @BlockchainAcco3]

@WolfsterCrypto @grok Its the general Meme coin market driven by macro dynamics and not Snek specific. Just look at Doge, Shiba, Pepe and other Meme coins, all had similar performance.

[Mario Nawfal @MarioNawfal]

🇺🇸 ELON: NELSON MANDELA WAS RIGHT - ALL RACES SHOULD BE TREATED EQUALLY

It's improper for there to be racist laws in South Africa.

The whole idea with what Nelson Mandela, who was a great man, proposed, was that all races should be on an equal footing in South Africa. That's the right thing to do.

Not to replace one set of racist laws with another set of racist laws, which is utterly wrong and improper.

That's the deal. That all races should be treated equally and there should be no preference given to one or the other.

Whereas there are now 140 laws in South Africa that basically give strong preference if you're a black South African and not otherwise.

And so now I'm in this absurd situation where I was born in South Africa but cannot get a license to operate Starlink because I'm not black.

Does that seem right to you?"

Source: @ElonClipsX, @elonmusk, Interview at the Qatar Economic Forum, May 20, 2025

[Ben Redding @BlockchainAcco3]

@elonmusk Elon FTW!

[Sawyer Merritt @SawyerMerritt]

BREAKING: Elon Musk’s 2018 CEO pay package from Tesla, worth some $56 billion when it vested, must be restored, the Delaware Supreme Court has just ruled.

TESLA AND ELON MUSK WON! 🥳

[The Kobeissi Letter @KobeissiLetter]

BREAKING: In a massive ruling, the Supreme Court of Delaware rules that Elon Musk's $56 billion 2018 pay package must be reinstated.

[Ben Redding @BlockchainAcco3]

@hoskytoken @yutazzz @MinswapDEX What's happening with the other Cardano Dex's? Haven't seen any comms from them

[HOSKY @hoskytoken]

It is a straight up grift from @MinswapDEX. They did not earn the Night and neither did the MIN holders. The Night belongs to the people who actually built Minswap’s dominance, the liquidity providers. They are trying to take the LP allowance and disguise it as giving them options.

[Matt Scheff 🐍 ᛤ @scheff_matt]

I think that this is sufficient reason for us to move away from @MinswapDEX.

In their terms of service they indicate that even when you deposit liquidity into their protocol, you retain the beneficial interest in the tokens provided.

A beneficial interest is the right to receive the economic benefits of property or assets, separate from legal ownership. This means the person with the beneficial interest is entitled to things like income, profits, or the proceeds from a sale, even if another party holds the legal title, such as @MinswapDEX, in this case.

The $NIGHT airdrop is clearly an economic benefit related to the beneficial ownership of the token in question.

Refusing to provide liquidity providers with their $NIGHT tokens looks like a contractual breach of their terms of service to me.

[⛏️Dr. Navjit Dhaliwal @NaVi_GaT0R]

Our ask is simple - withdraw this governance proposal and commit to distributing 100% of the $NIGHT directly to the LPs whose positions generated it