@heynavtoor Thank you! I haven’t used Claude yet. This will be my weekend goal. Question: thoughts on Genspark? I made beautiful, on-brand deck from a long and complex SOP. It’s difficult to keep track of how all these AI tools/softwares differentiate themselves.
The purpose of crypto is to build a code-based order, because the rules-based order is unfortunately collapsing.
That code-based order covers some of what international law once protected. It guarantees property rights, smart contracts, rule-of-code, privacy, secure voting, and user accounts across borders. Even in the face of debanking and denaturalization, the code-based order means you retain your onchain currency and onchain identity.
It is true that the crypto networks that buttress the code-based order are supported in significant part by finance and lotteries. But all 50 states of the US are also supported by finance and lotteries. The question is whether the world gets something better, on balance, for that cost.
As nationalism and socialism rise, the code-based order ensures that international capitalism continues. Anyone from anywhere has equality of opportunity on the Internet. You can sign a smart contract across borders with someone without knowing (or needing to know) their race, religion, accent, ancestry, or other likely irrelevant attributes.
Similarly, as more companies leave failing states like Delaware and California…the code-based order will protect these corporate refugees. The entities themselves and all their contracts can now be put onchain. They can dock in country X and move to country Y at the press of a button. Redomiciliation becomes as common as incorporation.
Moreover, as the politically disfavored emigrate from communist states, the code-based order also protects their property and identity via cryptography. And, if all goes well, it also adds a layer of unbreakable privacy.
In short: the West is entering a period of failing states just as the East sees the rise of the all-powerful state. The balance to both of these is the code-based order that Satoshi laid the foundations for.
That’s what cryptocurrency was built for. If and when your state fails, or turns against you, the Internet will be there for you.
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In 2025, my bank paid me a paltry $87 in interest on my savings.
Meanwhile, banks earn trillions—risk-free—on their deposits at the Fed.
If banks can earn yield, so should you.
So tell me again why the market structure bill is being held up.
Banks earn ~5.7% risk-free at the Fed. They pay you ~0.1–0.5% on savings. That spread is policy-enabled. The yield goes to banks, not you.
Since 2008, banks have been paid trillions in interest on reserves—funds that otherwise could have reduced the federal deficit.
Now those same banks are trying to kill the market structure bill so crypto companies can’t pay you interest on stablecoins.
This isn’t about safety. It’s about preserving a monopoly on yield.
Voters will remember the politicians who chose bank profits over your right to earn.
Fractional reserve banking = your money isn’t really there. And when it collapses? YOU bail it out through inflation and taxes.
Balance the budget. End the bailouts. Audit the Fed.
TRUTH BOMB ALERT
I can’t tell you how to get rich, that’s a mix of luck, timing, and hard work, but I can tell you how rich people STAY rich:
- They buy assets and do nothing
If you want to test a politician's integrity, ask them to explain inflation, whether they should be eliminating it and how they will do it.
The chart below shows the problem:
- Yellow line = CPI (the government’s BS version of the cost of living)
- Other lines = real assets: Gold, House Prices, the S&P 500, Bitcoin
Here are the growth factors from 1995 → 2024:
- CPI: 2.02×
- Wages: 2.27×
- House prices: 5.27×
- Gold: 6.17×
- S&P 500: 10.33×
Bitcoin launched in 2009 so I am holding off on that, but it is another tool which protects against inflation.
Now for wage growth - 2.27×, barely above inflation.
So what is the conclusion - assets crush both wages and inflation. The do nothing strategy, it is magic!
If you don’t own assets, you’re treading water. But it gets worse, if CPI actually included the real cost of participating in society (housing, energy, childcare, transport) you wouldn’t even be treading water, you’d be sinking.
You know how everything feels more expensive - yeah that is this. Can't get on the housing ladder - yeah that is this. Rich guy bought another Porsche - yeah that is this.
That gap, the gap between CPI and asset prices, is where wealth inequality is created. It is a transfer of money from the poor and middle-class to the rich.
Asset holders get rich off morons in government, you know the virtuous free stuff politics. Non-asset holders get poorer.
These are the numbers. This is the system. Facts don't care about you feelings.
And any politician who can’t explain it, or won’t fix it, is a fraud.
Anyone who says "tax the rich" and think this is done with the tax code is a moron.
New SEC Chair Paul Atkins: “All U.S. markets will be on chain within two years.”
Tokenization just went from “if” to “when.”
The next wave is closer than you think 👀
Why is everyone crying about Bitcoin on X? All the old time Bitcoiners are on Nostr, laughing, not caring.
The cry baby doom mongers are new to this.
Stop being a pussy, building a new global financial system was never going to be easy.
17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down.
@SenateDems could learn something from that.
JUST IN: Jack Dorsey’s Bitchat becomes the 2nd most downloaded app in Jamaica as Hurricane Melissa knocks out communications across the Caribbean 📡
Bitchat enables peer-to-peer messaging without relying on centralized servers 📱