Jay.web3

I over think, over feel and over love.
Talks about web3, blockchain, crypto & nfts.

Web3 Researcher

[Jay.web3 @GuapKeeper]

1/4: Bitcoin's programming language has a unique, defining characteristic—it's Turing-incomplete. This means its programmability is limited in certain respects.

[Jay.web3 @GuapKeeper]

I think from October it would be a good run for BTC 😊

Just a thought, not financial advice 🙂

[T.i @isaactevin]

I met a real builder this week,He has a bitcoin start up in Kenya,he has raised 400million+ kshs, and he has secured a whole floor building for his offices,his product is set to launch next year after bitcoin recovers,He pitched it to me and i asked him."Why don't you show up for blockchain events?"
His response was:
Real builders, people who are building cool stuff, people who are making moves and building impactful stuff, no longer show up for events and don't expect to see them, just expect to hear about them.

[Jay.web3 @GuapKeeper]

@isaactevin @VitalikButerin Good inspiration 👏

[Jay.web3 @GuapKeeper]

@Mike_Kutola We should definitely hang out soon.

[Jay.web3 @GuapKeeper]

@WuBlockchain @CryptoHayes Legally, he's right. Ethically, he's dead sure know what he's doing, and he knows it's wrong.
But just like everything else in life, YOU are responsible for your own decisions, YOU! Don't blame anyone.

[Jay.web3 @GuapKeeper]

@Mike_Kutola Kebs is a joke. You just have to take care of yourself fam

[Dan John @DanJohn]

Good morning. Protect your peace and energy as you navigate the day ahead.

[Jay.web3 @GuapKeeper]

@stanmanrob @cryptorover Exactly 💯

[Basic Shapes @Basic_Shapes1]

@ColinTCrypto @elonmusk Exactly. Trading + investing. Trade the ipo momentum, but wait for it to bottom out before investing

[Jay.web3 @GuapKeeper]

@Aureoncapitalai Nice read 👍

[Jay.web3 @GuapKeeper]

@SagoLabsVC @iamcoriarnold Hahaha, good house hack

Addendum - you get the best listings

[Eli Ben-Sasson | Starknet.io @EliBenSasson]

Building post-quantum secure solutions is important.
What about ensuring an easy way to migrate to these solutions?

[Jay.web3 @GuapKeeper]

@AaronRDay I suspected that too as much

[Eli Ben-Sasson | Starknet.io @EliBenSasson]

The Holy Trinity of Privacy: Zcash, Near, Starknet

- @Zcash: The safe haven that provides you shelter
- @NEARProtocol: The way to conveniently get in and out of that safe haven
- @Starknet: The lively, functional city built within that safe haven

This combination is how you get privacy with easy access and a thriving economy layer.

[MASTR @MastrXYZ]

This will probably cost me hundreds of followers, but I am done with billionaires and couchfuckers like @JDVance pretending they know what is best for ordinary people.

Dear Americans. Your enemy is not Europe or Canada.

Your enemy is the powerful corporations, strong centralisation and billionaires who can do whatever they want and shape your entire life without your consent and without you even being aware of it.

Please read to the end before commenting with hate and anger.

As someone who has travelled extensively, lived in the United States and works with Americans on my team, I have noticed something on this platform since Musk and Trump and his "team" of couch lovers and alcoholic billionaires gained influence.

There is an enormous rise in hostility and ignorance toward anyone who is not American.
There are reasons for this.
And I want to break it down once and for all.

What most people in crypto refuse to see is this:
The same psychological traps that destroy traders in the micro-casino of crypto are the exact traps that destroy entire societies in the macro-casino of geopolitics and media.

In crypto, gamblers fall for hype, shills and illusions.
In society, citizens fall for narratives engineered by billionaires who control their information flow.

The small version ruins your portfolio.
The big version ruins your country.

And what is already a danger in crypto becomes far more catastrophic when it scales to media power, national politics and cultural influence.

Now let us go deeper into the comparison that some Americans hate hearing.

The United States is not less regulated than europe.
It is hyper-regulated.

Just not by democratic governments.
It is regulated by billionaires, private corporations and unaccountable lobby networks that write the laws behind closed doors.

And these private lobbies control almost everything:

• the pharmaceutical lobby controls drug prices
• the health insurance lobby controls access to care
• the gun lobby controls firearm laws
• the fossil fuel lobby controls energy policy
• the food and agriculture lobby controls what Americans eat
• the telecom lobby controls internet pricing and quality
• the real estate lobby controls zoning and housing policy
• the Wall Street lobby controls banking and finance laws
• the tech lobby controls digital privacy and data ownership
• the prison lobby controls sentencing laws
• the defense lobby controls foreign policy
• the education lobby controls student debt structures

This is private rule!

And look at the results.
Look at the facts.
Look at the rot.

The US health care system is a global embarrassment.
OECD data shows Americans pay more for health than any developed country yet live shorter lives than Europeans.
Maternal mortality is higher than in any other advanced countries.
A single ambulance ride can bankrupt a family.
Life expectancy is declining.

This does not happen in Germany, Switzerland, France, the Netherlands, Italy or Scandinavia.
They have universal health care.
They have functioning systems.
They treat health as a public right, not a corporate revenue stream.
Preventive care is accessible.
Emergency care is not a financial catastrophe.
People trust the system because it works.

And it is not only Europe.
Look at South Korea.
Look at Japan.
Look at Singapore.
Look at Australia and New Zealand.
Look at Canada.
All of them have far better health outcomes than the US at a fraction of the cost.

Transport is a slow motion collapse.
No high speed rail.
Crumbling infrastructure.
Bridges classified as structurally deficient.
Roads built for car dependency, not mobility.
Most major cities have public transit comparable to developing nations.

China built more than forty thousand kilometres of high speed rail.
Japan’s Shinkansen is fifty years old and safer than American flights.
South Korea has world class high speed networks.
France, Spain, Italy, Switzerland, Austria and the United Kingdom have advanced rail systems.

Meanwhile the US cannot build a rail line between two major cities because private lobbies block everything.

Education is a generational catastrophe.
Forty million Americans trapped in student debt.
The average borrower takes twenty years to pay it off.
American universities charge tuition that would be illegal price gouging in Europe.

Meanwhile Germany, Austria, Italy, France, Norway, Denmark and Finland and any developey country offer university for free or almost free.
South Korea and Japan subsidise education heavily.
Canada provides far more affordable degrees.

Housing?
Europe has tenant protections, social housing models and regulated rents.
Japan has extremely low homelessness rates.
South Korea has controlled rental markets.
Australia and New Zealand regulate investor abuse.
Canada restricts foreign ownership in real estate.
Italy maintains strong protections for families and tenants.

The US meanwhile allows institutional investors to buy entire neighbourhoods and rent them back to the population at inflated prices.
Homelessness in major US cities resembles humanitarian crises, not a developed nation.

Crime and incarceration?
The US imprisons more people than any country on Earth.

More than authoritarian states.

More than anyone else in percentage!

More than regimes Americans call unfree.

Private prisons lobby for harsher sentencing because prisoners are revenue.
Simple as that.

Europe focuses on rehabilitation.
Japan has extremely low crime and recidivism.
South Korea invests in social stability and education.
Italy reduces crime through community systems and strong family networks.

And now we reach one of the darkest, most shocking differences of all.
Something the rest of the world sees with disbelief.

School shootings and the gun lobby.

For the entire world outside America it is unbelievable to hear that freedom and safety supposedly mean “every idiot can own a firearm”.
The rest of the developed world sees this as madness.
Not culture.
Not tradition.
Madness.

Japan has about 0.02 gun deaths per 100000 people. The United States sits at around 4 to 5. That is more than 200 times higher.

South Korea is the same story: roughly 0.02 to 0.03 versus America’s multihundred multiplication.

Singapore records basically zero gun murders in a typical year. Zero.

Australia passed one reform package in 1996 and mass shootings stopped. Not reduced. Stopped.

Western Europe stays in the 0.2 range. Massive below the US, which remains the only developed country where children are more likely to die by gunfire than in car accidents.

Yes. Right.

These are not cultural differences.
These are statistical warnings.
Most of the developed world has low gun violence because firearms are regulated as dangerous tools, not toys for the insecure and there is no billionaires fighting to sell more weapons to any idiot.

Meanwhile the US experiences school shootings with such frequency that children practice lockdown drills instead of normal childhood.

The gun lobby tells them this is freedom.

The rest of the world sees a society that has normalised avoidable slaughter.

Is this cultural difference?
Yes.
And cultural differences are fine.
Nobody expects all countries to be identical.

But it is also an example of how a society can be conditioned to believe something is freedom when it is actually systemic dysfunction engineered by powerful groups for profit.

And here is another point some americans do not want to hear:
A strong state is not socialism.
Functional regulation is not communism.
Democracy is not tyranny.

European states, Japan, South Korea, Australia and Canada prove that a government can be strong, democratic and protective without being authoritarian.

Strong states protect citizens from corporations.
Weak states sacrifice citizens to corporations.

And here is my criticism of Europe:
Europe relied far too heavily on the United States as a partner.
For decades the alliance was shaped by nostalgia and historical loyalty.

It took a repeatedly bankrupt showman with a trail of scandals to expose that written commitments and diplomatic promises mean nothing when billionaires control everything.

Europe trusted the United States far longer than was rational, and it took chaos to reveal how fragile that trust really was.

Now here is the part that needs to be stated brutally.

On X, massive anti Europe and anti rest of the world propaganda has been pushed since Musk and Trump took over.
It intensified under Trump.
It accelerated under Musk.
And it is not organic.
It is algorithmic amplification of narratives that benefit billionaires.

Why?

Because Europe, Canada, Australia, New Zealand, Singapore, Japan, South Korea and Italy all regulate billionaires.
They enforce consumer rights.
They tax wealth.
They restrict monopolies.
They push digital privacy.
They fine abusive tech giants.
They protect public institutions.
They refuse to let oligarchs write policy.

These regions are the villain on this platform
not because they are failing
but because they threaten billionaire influence.

Americans are taught to hate Europe and other advanced nations
because those nations prove that a functioning society is possible
without corporate control dictating every aspect of life.

Now let us talk about freedom.

Many Americans think freedom means I can say whatever I want.
No.
That is the lowest form of freedom.
The most superficial.
The easiest.

Real freedom is the ability to live a normal life without being destroyed by the system.

Freedom is health care you can afford.
Freedom is education that does not trap you in debt.
Freedom is transport that does not force you into poverty.
Freedom is a society where being sick is not a financial death sentence.
Freedom is being able to have children without the fear of bankruptcy or gun violence.
Freedom is knowing your future is not controlled by the corporation that owns your insurance.

Europe, Japan, South Korea, Australia, Canada, Singapore all understand this.
They build systems around human well-being, not corporate profit.

And yet on X, these nations are mocked, dismissed or painted as unfree.

Why?
Because the people who own the platform benefit from a public that thinks democracy is the enemy
and billionaire control is the natural order.

Crypto teaches you how predators operate.
America atm teaches you what happens when predators run society.
And X shows you how narratives are engineered to keep it that way.

That is the truth. This is the american way many choose. It's ok, but don't tell others how to do it. Stop the ignorance.

[Jay.web3 @GuapKeeper]

@BojackHammercoc @EmpireHODL @JacobKinge I accept btc

[Wall Street Mav @WallStreetMav]

Dating a Slavic woman is like this. 🤣

The food is great though.

🔊

[Eli Ben-Sasson | Starknet.io @EliBenSasson]

ZK is for scaling blockchain
ZK is for privacy on blockchain
ZK is for not letting anyone else control you

[Adam Cochran (adamscochran.eth) @adamscochran]

If you steal $10, buy scratch off tickets, win $20 and pay back the $10 - you still stole.

SBF illegally used user funds to make investments and buy himself and his friends lavish apartments, while claiming to maintain 1:1 reserves as required by law.

The court case was not about IF there was enough money in the exchange to pay debtors back.

The case was about if he stole in the first place (and he did)

The exchange being illiquid is why he got caught - not why he was guilty.

He was guilty because he stole and committed fraud.

[Jaran Mellerud 🇳🇴 @jmellerud]

You still have to pay tax on the profit generated from your mining operations.

Revenue is recognized based on the BTC price at the time you receive it from your mining pool.

Example:
If you receive 1 BTC from your pool over a year at an average BTC price of $100k, and spend $50k on electricity, your mining profit is $50k.

That $50k is taxable income, and you’ll owe 22% corporate tax on it (in Norway).

Let’s assume you earn the same mining revenue and costs for 3 years, and your mining machines cost $100k total (depreciated evenly over 3 years).

Tax calculation:
Year 1: $100k (revenue) – $50k (power) – $33.3k (depreciation) = $16.7k profit → ×22% = $3.7k tax

Year 2: same numbers → $3.7k tax

Year 3: same numbers → $3.7k tax

Total taxes over 3 years = $11.1k.

So, compared to simply buying $100k worth of BTC, your mining investment results in $11.1k in extra taxes.

Even with 100% bonus depreciation in the first year, you’d only shift the tax liability — not eliminate it.

Unless you’re using some very advanced (and possibly questionable) tax strategy, I don’t see how mining actually reduces your taxes.

[Jay.web3 @GuapKeeper]

@ChazzonKe @cz_binance Very clear break down 👏