I produced a half-hour animated overview of the Broken Money subject matter.
It covers the history of money, the development of banking, and how new technology changes the way we interact with money over time.
Enjoy:
https://t.co/r1CLMv1XPK
On December 6th, JPMorgan CEO Jamie Dimon said he would "close down" #Bitcoin & crypto if he were the government.
Yesterday, BlackRock named JPMorgan as an authorized participant for its Spot Bitcoin ETF.
¡Hola Buenos Aires! Welcome to the ZK Nation 🇦🇷
Buenos Aires is teaming up with @Quark_ID to issue digital identification services to millions of citizens in the city, with zkSync Era serving as the anchor blockchain for the program.
Learn more: https://t.co/I8RDxH0A3v
TL;DR ⬇️
∎ A self-sovereign future ∎
zkSync believes in a future where personal freedom and self-sovereign digital identity empower individuals to securely custody their data. Buenos Aires will gradually bring Web3 identity solutions to all of the city’s citizens, powered by the privacy-focused properties of zkSync Era.
With Argentina’s new blockchain-based identification initiative, citizens will be able to claim ownership over their personal documents, health data, and in the future, manage payments.
∎ Infrastructure for Argentina’s 45 million citizens ∎
In building out the infrastructure for this program, Buenos Aires is leveraging QuarkID to help issue blockchain-based identification services.
Quark ID is an open-source digital identity protocol built by @Extrimian, a leading Latin American decentralized identity firm. Data stored in Quark ID wallets will be self-sovereign, allowing citizens to manage the delivery of their credentials when interacting with administrative services.
∎ The global possibilities of digital ownership ∎
While QuarkID is debuting in Buenos Aires, its technology is designed to scale globally. QuarkID was created with international standards in mind such as W3C, Trust Over IP, and Sovrin Foundation, and is interoperable with networks across the world.
By bringing data back into the hands of the individuals who own these documents—all while prioritizing privacy—zkSync makes digital ownership reliable, trustless, and secure.
1/ OH BOY...#PrimeTrust's failure just took a BIG turn--its receiver today filed to put it into voluntary Chapter 11 (federal bankruptcy). I was afraid for Prime Trust customers of this very outcome & discussed why in the debate w/ @mikebelshe on @zGuz's podcast last month.
BREAKING: The Department of ‘Justice’ has dropped the campaign finance charge against crypto scammer Sam Bankman-Fried.
Get close with the Washington Uniparty and they will protect you every time.
Shortly after the collapse of FTX last December, Bankman-Fried was charged with campaign finance violations as well as fraud.
Now, SBF is getting away with it.
Our ‘justice’ system is a fraud.
Why are human rights intimately connected with financial freedom?
Learn more in this new short video about @HRF's Financial Freedom program
It debuted at @OsloFF last week, happy to share it with the world today
We often compare the Bitcoin & Lightning network to fiat payment networks— but those comparisons often reference the state of fiat technology and UX a decade ago.
Just as we’ve been building, they’ve been building. Here’s the future of fiat money and payments networks 👇
We are excited to make our biggest announcement to date.
After successfully isolating the centralizing effects of MEV to the block builder role, we are turning toward a new challenge:
To decentralize block building itself.
https://t.co/zH4fUI6Dge
Let me try to qualify this tweet. I see seven possible scenarios playing out, and none of them seem both likely and a good outcome. Let me attempt to break it down. Let me know what I'm missing: