Monique Giggy

Inventing tomorrow.

[Monique Giggy @MoniqueGiggy]

@wcdispatch I live here. This is blown out of proportion. It’s NOT a war zone.

[TFTC @TFTC21]

Trump: "30 million barrels of oil was given to us by Venezuela. We want to thank Venezuela for that."

[Anthony Pompliano 🌪 @APompliano]

From the Desk of Anthony Pompliano

0:00 Is the Switch from Gold to Bitcoin About to Happen?
6:11 Fiat Currency is a Ponzi Scheme??
9:47 Investors will Not Stop Buying the Dip
10:47 No One Outworks Elon Musk

Enjoy!

[Elon Musk @elonmusk]

Where is the man who wrote these words?

Was he replaced by a body double!?

[Monique Giggy @MoniqueGiggy]

@Jason @realDonaldTrump Too far. Hopefully, it’s just a negotiation tactic for BTC.

[CJK @CJKonstantinos]

I'm a Bitcoin maxi. That means that Bitcoin is engineered money - a digital gold - and anything competing with BTC to be a digital gold money is an absolute scam ⚠️

There is no need for digital silver.
So then what is "crypto" ⁉️

99% of crypto = shitcoin scams ☠️

The only reason for crypto to exist at all is not to compete with Bitcoin but rather to compliment BTC.

The only reason for crypto to exist is to evolve BTC from digital gold to pristine collateral.

This is best demonstrated in the protocols that form what we call "Decentralized Finance"

At the intersections of these DeFi protocols we can see what I've termed the "Internet Economy"

The internet economy is an aggregate economy of the world, no one economy can control it, no one economy can outcompete it.

The internet economy removes the banker - the human element - and replaces that counterparty risk with smart contract risk.

The internet economy is the only economy in the world that offers true free market interest rates on its reserve asset -> BTC.

There will be both centralized & decentralized solutions that don't compete with bitcoin at all but instead solidify its evolution from digital gold to pristine collateral.

These complimentary solutions will establish a true free market yield curve, this is the future of finance!

Lack of clear regulations has led to potentially valuable crypto protocols being disincentivized, while worthless "art" and memecoin "collectibles" hijacked the technology from its true purpose.

Is anyone surprised that the monopolisitc banking & finance powers that be tried to drive the technology to facilitate a worthless marketplace of art & collectibles?

The future of finance is being built around bitcoin equity as the most pristine form of collateral in the world and legitimate crypto protocols that strengthen the decentralized internet economy, build out the free market yield curve, and secure BTC as pristine collateral are the real revolution! ✊️

Without Bitcoin, there is no reason for crypto to even exist at all.

If USA 🇺🇸 wants to be the crypto capital of the world, we must recognize the facts:

Difference between $BTC vs $XRP, $SOL & $ADA are extremely clear...

Bitcoin is engineered money.

It's the evolution of money from the natural to the engineered.

🕯 -> 💡
🐎 -> 🚗
📝 -> 💻
🪙 -> 💵 ❌️
🪙 -> 💳 ❌️
🪙 -> 🟠 ✅️
🪙 -> 💩 ❌️

Bitcoin was strategically designed to leverage the natural laws of economics, commodity cycles & price discovery to empower We The People; it's savings technology!

XRP is a shitcoin ⚠️
It requires zero proof of work.
It trys to compete with BTC.
It's issuers run smear campaigns to change BTC code based on wokism.

SOL & ADA are gas tokens BUT they're issuers tried to make them money competing with BTC ⚠️

SOL requires no proof of work and just the other day it's founder attacked Bitcoin saying it was broke, meanwhile they've had to reset their ledger how many times?

ADA requires no proof of work and it's founder attacked Bitcoin scaling, meanwhile his community has been waiting for DeFi for years but they have concurrency (scaling) issues.

THIS ISNT ROCKET SCIENCE‼️

I believe we're now entering a phase where the idiocracy of art and collectibles will be exposed for the grift that it is while the value of the DeFi internet economy will take its rightful place in global finance.

IF the USA 🇺🇸 wants to take the lead in the internet economy and maintain its role as a global financial superpower...

IT MUST RECOGNIZE THE REALITY.

USA Bitcoin Recapitalization Fund can save the our balance sheet.

That's why we need BTC reserves.

We may need to hold some complimentary crypto to help us evolve our reserved BTC but we spend those gas tokens at will to participate in DeFi, we dont hold them in reserves bc they're just gas.

I wish I could have the honor of sitting with Trump and team and laying out this thesis, hopefully this is just a strategic distraction enabling USA to accumulate BTC

[Marty Bent @MartyBent]

The performance of strategic "crypto" reserves in the private sector has been an abysmal failure for a decade.

It will be no different when applied to the nation state level.

Focus on building your personal bitcoin reserve. Everything else is noise.

[Brian Armstrong @brian_armstrong]

Great news!

After years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country, we reached an agreement with SEC staff to dismiss their litigation against Coinbase. Once approved by the Commission (which we're told to expect next week) this would be a full dismissal, with $0 in fines paid and zero changes to our business.

This is hugely vindicating, especially because many people questioned my decision to engage in litigation with the SEC on this matter in 2023. People told me the courts would give a lot of leeway to the government. They said public market investors wouldn't like it. They said it would take years and cost us tens of millions of dollars in legal fees (which it did). They said the agency would use mafia tactics like trying to pressure other companies not to work with us while the lawsuit was underway (which they did).

But I knew a few truths that helped make it an easy decision to fight them in court:

1. The SEC was wrong on the law.
They were exceeding the authority given to them by congress by asking us to delist a number of assets that were not securities. We had taken a conservative approach to ensure we weren't listing any securities, and the SEC itself had allowed us to go public in 2021 after reviewing our listing standards in depth. We tried to “come in and register” but it turned out it was a fake offer, as every crypto company discovered. Regulators are supposed to enforce the law, but they can't make up new laws on the spot if they don't like the current ones, or weaponize a lack of clarity in the law.

2. Caving to their demands could have killed the crypto industry in America.
The SEC made it clear to us that the only way to avoid litigation was to delist the many assets they falsely claimed were securities. It was a bullying tactic, pure and simple, driven by Gensler's own political agenda. And if we had caved, it would have dramatically limited the scope of which crypto assets were allowed in the US, and pushed the industry further offshore, into the shadows. Never forget how close a few activists in government came to unlawfully killing an entire industry in America! It could have easily gone the other way. Thank goodness the founding fathers created the judicial branch, as a check and balance on executive power.

3. It was the right thing to do for our customers and the industry.
At the end of the day, it didn't matter what our chance of success was. I had to stand up for our customers’ and our industry’s rights. I also knew it would serve as a deterrent for future bad actors around the world we may have to engage with, for them to know that we won't be bullied or pressured. We are comfortable engaging in litigation across multiple fronts, indefinitely, while continuing to build. This is business as usual. As Bain in The Dark Knight says, "you merely adopted the dark; I was born in it".

Growing up I had a naive view that regulators exist to hold companies accountable. What I realized in this ordeal is sometimes, companies must hold regulators accountable who are painting outside the bounds of the law, to preserve freedom. Accountability can actually happen both ways. At Coinbase, our mission is to increase economic freedom, and I initially thought we could achieve this solely through our crypto products. But I'm increasingly realizing that we can move the needle on economic freedom in the courts and through our policy efforts as well, when we see bad actors in government around the world. We plan to do more of this.

I have to give credit here to the Trump administration, for winning the election, and for the departure of the activist head of the SEC, Gary Gensler, who orchestrated this unlawful action along with Elizabeth Warren, and a handful of their lackeys in congress. I feel confident we would have won this case in the courts either way, given our facts were so strong, but it certainly helped accelerate the process and drive accountability. I called out the sketchy behavior of the SEC back in 2021, and I believe this comment turned out to be prescient.

I want to give a shout out to all the other crypto companies who fought back with their own lawsuits (we certainly were not the only ones).

I want to give a shout out to all the crypto startups who couldn't afford the legal fees, and went bankrupt due to the administration's abusive tactics. Your company may have died, but crypto lives on. Don't stop building.

I want to give a shout out to both Democrat and Republican members of congress, who are working hard to ensure America leads on crypto. I know that Gary Gensler and Elizabeth Warren do not represent the entire Democratic party.

And I want to give a shout out to all the crypto holders in the US who elected pro-crypto candidates, on both sides of the aisle, to make sure your rights were preserved. It turns out the crypto voter is real, and showed up in the millions.

Finally, I expect we'll continue working productively with the SEC on any number of items over the years, just as we do with every agency around the world where we operate. I look forward to the SEC being reformed under Paul Atkins, Mark Uyeda, Hester Peirce, and DOGE, and new more sensible personnel coming into leadership roles. I commend the new leadership that is already in place for working to right this wrong - it's a great step in the right direction, and took courage. Now let's get some crypto legislation passed in the US to finally clarify the rules, and really kick off this next phase of building.

[Monique Giggy @MoniqueGiggy]

I thought I’d see more laser eyes on X. I guess people forgot what it took to get here.

[Monique Giggy @MoniqueGiggy]

@APompliano @wclemente Monumental!

[Monique Giggy @MoniqueGiggy]

Hell of a base case.

[Michael Saylor @saylor]

The most comprehensive and, perhaps, most important presentation I’ve done on #Bitcoin to date, complete with slides.

[TFTC @TFTC21]

The 4th turning explained.
https://t.co/arqPInXeZZ

[Monique Giggy @MoniqueGiggy]

@waitbutwhy Hilarious! @waitbutwhy you should run.

[Greg Brockman @gdb]

Introducing GPT-4o, our new model which can reason across text, audio, and video in real time.

It's extremely versatile, fun to play with, and is a step towards a much more natural form of human-computer interaction (and even human-computer-computer interaction):

[Monique Giggy @MoniqueGiggy]

@realestatedude0 From San Francisco and now in Puerto Vallarta for 3 years. It's safer here. Sorry about your friend but it's unproductive to generalize an entire destination. Mexico, just like the US, has it's good and bad. At least I don't have to worry about my teens getting killed in school.

[Monique Giggy @MoniqueGiggy]

🤡

[rahul @0interestrates]

holy shit

[Monique Giggy @MoniqueGiggy]

@haldas @APompliano Yes. Emails were sent out and claims can be withdrawn until March 31.

[PlanB @100trillionUSD]

🔴RED DOT !!

Accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets.

Bull market has started. If history is any guide, we will see ~10 months of face melting fomo: extreme price pumps combined with multiple -30% drops. Enjoy!🚀

[Chamath Palihapitiya @chamath]

Per WSJ: “It’s official: CDC now says Covid is the flu.”

Can it be that we shut the world down creating incalculable damage to our economy and kids, and trampled on individual rights over a flu? Or is it that a small band of people went to extremes to cover up their Frankenstein research that escaped from a lab?

If it’s the latter, I’m glad it only turned out to be a flu. But the next time we may not be so fortunate and those people should be held accountable.

https://t.co/l7tcrUekY0