Ansem (blknoiz06), a prominent crypto influencer focused on Solana and memecoins, is reportedly jailed as of Aug 1, 2025, based on community confirmations. "Free Ansem" is a viral call for his release. Exact charges unknown, but may tie to prior pump-and-dump accusations. Details emergingAnsem (blknoiz06), a prominent crypto influencer focused on Solana and memecoins, is reportedly jailed as of Aug 1, 2025, based on community confirmations. "Free Ansem" is a viral call for his release. Exact charges unknown, but may tie to prior pump-and-dump accusations. Details emergingAnsem (blknoiz06), a prominent crypto influencer focused on Solana and memecoins, is reportedly jailed as of Aug 1, 2025, based on community confirmations. "Free Ansem" is a viral call for his release. Exact charges unknown, but may tie to prior pump-and-dump accusations. Details emerging.
We Judge People for Wasting Money....But Not for Wasting Time
The other day I saw someone on social media throwing money around on absurd, meaningless things. The comments tore him apart.
Everyone piled on....calling him reckless, stupid, a clown with too much cash and no sense of value. And to be honest, I agreed. The way he treated money was idiotic.
But then a strange thought hit me.
All of us were so quick to judge this man for throwing away value. But here we are, spending hours on this app, scrolling through the comments, throwing away something far more valuable than money.
Time.
And I haven’t been able to stop thinking about that since.
When people waste money, we have a visceral reaction. It bothers us. It feels offensive, even if it has nothing to do with us.
But when people waste time....no one cares. No one flinches. No one comments. Why is that?
Is it because time can’t be transferred? Because I can’t spend your time and you can’t spend mine, we don’t care if others burn it? That made some sense at first. But then it didn’t.
Because the logic falls apart when you look closer.
Most people don’t want money for the sake of money. They want what money buys. And the most sought-after thing it buys isn’t cars or watches or houses....it’s freedom. It’s space. It’s being able to wake up when you want, say no to things you hate, and live on your own terms.
What we’re really after is time.
Wealth, at its core, is the ability to reclaim time.
You don’t want to be rich so you can work more. You want to be rich so you can stop trading your hours for someone else’s priorities. The whole point of money is to buy back time. So if time is what we’re truly trying to acquire, then wasting time is no different than setting fire to your wealth before you even earn it.
The thing is: money feels real. You can see the numbers go up and down. You can hold it. Track it. Measure it.
Time is silent. It passes invisibly. It never announces itself, and once it’s gone, it’s gone for good. That’s what makes it so dangerously easy to waste.
No one is going to pay you to spend time with your kids. No one will compensate you for showing up for your partner. You’ll never get paid to take care of your health, rest your mind, or go for a long walk.
But those are the moments wealth is supposed to protect.
We’ve got it backward. We think we create wealth by spending our time to earn money. But real wealth begins when you start spending your money to create time.
And yet, here we are: scrolling, watching, judging, laughing at someone for throwing away cash, while throwing away the one thing we can never get back.
Maybe the real stupidity isn’t wasting money.
Maybe it’s not knowing what time is worth.
I want a Bitcoin-backed mortgage, here’s how I want it to work 👇
First, here is what I am trying to solve for:
1. No cash out of pocket to buy the house (ignoring txn costs for now)
2. No need to sell my bitcoin (retain upside exposure)
How could this work?
Let’s say the house costs $500k
I deposit 50% ($250k) of BTC as my collateral, get the keys and title but lender has a first lien against the property
I agree to an interest rate, let’s say 6%
I agree to a maintenance margin on my BTC collateral of 30%, meaning the value of my BTC must never go below $150k otherwise I must deposit more BTC to stay above the 30%
If my BTC collateral goes above 50%, I can withdraw excess to bring it down to 50%, so if my initial $250 of BTC deposited goes up to $300k, I can take $50k out
Now how do we handle interest?
To keep it simple, let’s do annual compounding so the 6% rate on $500k means I owe $30k at the end of the year
I can decide to add it to my loan balance such that I now owe $530k and my 30% and 50% thresholds are now calc’d off this higher balance
Or I could pay the $30k in interest and keep my loan balance at $500k (note: I should be able to pay the balance down at any time by any amount)
BUT, and this is where it gets really cool with DeFi, I have the option to direct my $250k BTC collateral into whitelisted yield vaults approved by the lender where the yield pays down my interest (and principal if high enough)
Now I can earn yield off my BTC collateral if I want to take the re-hypothecation and/or smart contract risk, to offset some or all of my interest
So if I can get 12% (I know that’s a lot) then it would offset my 6% interest on the $500k loan balance
What happens when I sell the house?
Easy, let’s say after 1 year I sell and didn’t offset the interest, I need to pay back $530k, so if the net proceeds from the sale don’t cover it, the shortfall is taken out of my BTC collateral before being released back to me
Same mechanism works in a foreclosure, should I go below the 30% maintenance margin for an extended period, the lender forecloses and sells my BTC to cover any shortfall
The result here is that I get to own the property (and the upside), get to keep my BTC (and the upside), have the option to use my BTC to offset interest on the loan, and didn’t have to deploy any cash
This is what I want - who’s building this?
Rewriting Crypto Trading Capital Structures - @breakoutprop
Access to capital is a huge barrier for retail crypto traders. This forces them to choose between trenches or irresponsibly high leverage. There’s a better way.
Crypto trading is evolving from a monolithic, collateral-heavy world to a modular, capital-efficient future. Just as DeFi unbundled exchanges into primitives—AMMs, oracles, lending markets—we’re now seeing the capital stack itself rearchitected.
The old way? On traditional venues you front the capital and take all the risk. Leverage amplifies both gains and catastrophic losses. It's a system designed to bleed most traders dry.
@Breakoutprop has a different model. They’re pioneering this shift by rewriting the trading capital structure stack by allowing users to trade with capital—not against it.
Instead of your capital at risk, it's theirs. Traders bring the skill, they bring the capital. Both share the trading profits. Pass the evaluation, and traders get access to house money and no liquidation anxiety.
It’s a structure that flips the script: risk is externalized, alpha is rewarded. The structure prioritizes upside for performance. Better traders can fast track their portfolio growth without resorting to high leverage.
What Breakout is building isn’t just a funding model; it’s a new financial primitive that slots cleanly into the emerging modular trading stack. Think: execution layer, perp infra, and now → capital-as-a-service.
Breakout accounts scale up to $100K in size (with max combined capital of $200K), and traders can access 5x leverage on BTC/ETH and 2x on altcoins. In practice, that means <$1K in evaluation fees can unlock up to $500K in buying power—without debt or collateral. Both traders and Breakout win, when traders win, but traders keep 80–90% of profits, benefiting from instant, unconditional withdrawals. The model rewards precision over risk, and talent over bankroll.
In a world moving toward unbundled infrastructure and composable finance, Breakoutprop is a bet on crypto-native trading capital structures. We believe this is how trading should look: permissionless access to capital, aligned incentives, and modular design.
Traders can use code 'APE' for a discount at checkout
@MechanismCap invested in Breakout in 2024 and since then they've attracted over 30,000 unique users with May volume exceeding $4B