CryptoWarz.io

Blockchain and Crypto Currency Simplified. DevOps Engineer

[CryptoWarz.io @Cryptowarzio]

@TedPillows Yes

[CryptoWarz.io @Cryptowarzio]

@Rhymaholic @MarioNawfal It ain’t the US bro, different rules

[CryptoWarz.io @Cryptowarzio]

@Houseofyogi @John_G_IA You just moved the goalpost to Trump. We’re talking about business. The cost was high then and it’s high now. You’re focused on blaming politics for not saving a business that couldn’t afford to stay in business. You wanted a bailout, costs are higher now than before.

[CryptoWarz.io @Cryptowarzio]

@Houseofyogi @John_G_IA So increase in gas prices and inflation have nothing to do with it? Theres just less travel overall. How would shifting a loss leader to another entity help? That would put American under pressure and carry the loss over. Or would it be magically profitable now?

[CryptoWarz.io @Cryptowarzio]

@Acountingcook @commiepommie @mitchellvii They spend 3X the military budget on Education and School system . That’s the real long game.

[vitalik.eth @VitalikButerin]

I'm actually trying to do something even more ambitious:

Create "cypherpunk principled non-ugly ethereum" as a bolt-on to the present-day system, in a way that's as tightly integrated and interoperable as possible, and then grow it over time, in the mean time making sure ethereum itself gains the cypherpunk and simplicity properties that just necessarily have to be system-wide (eg. censorship resistance, zk prover friendliness, consensus properties). Then, in 5 years (or maybe way sooner with AI coding and verification, who knows), we have an open pathway to turn the existing system into smart contracts written in the language of the new system if/when we want.

Ethereum has already made jet engine changes in-flight once (the merge), we can do it ~4 times more!

(state tree, Lean consensus, ZK-EVM verification, VM change)

[CryptoWarz.io @Cryptowarzio]

@JoeySalads She can just buy it back for $1 Million dollars with a Trump card… How do you feel about that? Plus doesn’t have to pay taxes

[Axel Bitblaze 🪓 @Axel_bitblaze69]

$ETH is $2,100 and bitmine is down $7.5B unrealized..

seeing many of you roasting tom lee on my timeline

so i actually sat down and looked at what bitmine is doing

is Bitmine and Tom lee in trouble ?

first of all Bitmine isn't a hedge fund making eth trades..

they're building an ethereum treasury company.. the entire model is: accumulate and hold eth. that's it.

their current holdings: 4.2M ETH
average cost: ~$3,600-3,900
current price: $2,100
unrealized loss: ~$7.5B

and everyone thinks this is a disaster but here's what you all miss:

there's no margin call. no liquidation price. no aave loop.

they're not leveraged gamblers like trend research (who just blew up $747M)

bitmine buys eth with:

> equity raises
> operational cash flow
> staking rewards

no debt. no forced selling. no death spiral.

worst case? stock tracks eth price. which it does..

their goal is not to trade eth. it's to OWN 5% of total ethereum supply.

when you're trying to accumulate 5% of an asset, you don't care about short-term price

you care about how much you can accumulate before the next cycle

and so here's the thing everyone misses:

lower prices = better accumulation

and so while trend research capitulated and sold 651k eth at $2,100... bitmine BOUGHT 20k more eth at $2,100

same price. opposite actions.

one was over-leveraged and forced out. one is building a decade-long position.

tom lee literally said "the paper losses are by design"

because when you're building a treasury, drawdowns are features not bugs

think about microstrategy and saylor:

- btc at $100k: genius
- btc at $76k: everyone saying he's finished
- btc at $16k (2022): everyone said it was over

structurally nothing changed. he kept accumulating.

bitmine is the same model, just with eth instead of btc

no forced selling = can wait out any drawdown

staking income = ~3-4% yield helps offset

stock tracks eth 1:1 = if eth recovers, stock recovers

simple. boring. long-term.

the people roasting tom lee right now are the same ones who roasted saylor at btc $16k

"how can you keep buying? you're already down billions!"

turns out, that's exactly when you SHOULD be buying if your thesis is long-term

so is bitmine in trouble?

no

• no debt
• no liquidations
• cash flow positive from staking
• still accumulating

[CryptoWarz.io @Cryptowarzio]

@SenLummis You act is if we’re the lobbyists rewriting the script. This is what your leadership is about, right? Push it across, this is your legacy

[CryptoWarz.io @Cryptowarzio]

@SECPaulSAtkins @ChairmanSelig @SECGov @CFTC There’s so much talk but so little actual action. Why do you guys continue to play games and word play running in circles? This shouldn’t be hard.

[CryptoWarz.io @Cryptowarzio]

@fundstrat @fs_insight This will sell when the stock does well. Many of us believe in you, but this kind of post is disheartening. It’s a complete disregard towards the reality of what’s happening. When people have given you billions of dollars, you ask for more in monthly services on top

[CryptoWarz.io @Cryptowarzio]

@SenLummis Looks like 1 year of Post Biden hype then rugpull. CLARITY is UNDOING GENIUS and moving back to Biden era Crypto policies.

[CryptoWarz.io @Cryptowarzio]

@brian_armstrong @wef Can we please also look at Coinbase fees? Why are they so much higher than banks? Transfers are lower but 30%+ staking fees? Brutal

[CryptoWarz.io @Cryptowarzio]

@APompliano Bitcoin is needed for US National Reserve. You own Bitcoin, should the government be able to take yours for the good of the country?

Thank you for your contribution to the country’s reserves.

[CryptoWarz.io @Cryptowarzio]

@ZssBecker They moved to AI stocks cause of the president. Different type of ALT coin these days

[CryptoWarz.io @Cryptowarzio]

@bgarlinghouse @SenatorTimScott @BankingGOP 6 months of work to change the rules at the last minute to make things worse than the current situation. Seems like banks don’t want competition and want to keep their positions while keeping the barrier high for new entrants

[CryptoWarz.io @Cryptowarzio]

@SenatorTimScott Clear rules to limit progress. The current markup will ensure the US is left behind while the world continues to move forward. Seems like the banks don’t want the people to save and earn. Do what’s right for the people

[CryptoWarz.io @Cryptowarzio]

@SenLummis Seems pretty bad to many people. It reverses a number of positive moves forward in exchange for concessions. Why does it look like it’s unwinding vs moving forward?

[CryptoWarz.io @Cryptowarzio]

@SenLummis Why do banks decide who gets paid interest on their own money?

[CryptoWarz.io @Cryptowarzio]

@brian_armstrong @standwithcrypto Can we add not charging 30% fees?