To people saying Bitcoin has no intrinsic value, a reminder that each Bitcoin represents ~1 GWh of energy transformed into digital scarcity, secured by code, halving every four years until 21M max supply. Good luck finding a better asset. cc: @Lagarde
Slovenija pripravlja nov Zakon o davku od dobička iz odsvojitve kriptosredstev 🧵
Ta predlog zakona namesto spodbujanja inovacij in privabljanja investicij, grozi z izgonom perspektivnega kapitala iz države. Ponovno se ne morem načuditi kako kratkovidni so pisci tega predloga.
DeepSeek increases my conviction that Bitcoin must be the hurdle rate for capital deployment. AI innovation at this speed and scale will substantially disrupt valuation metrics across industries and is not currently priced in. Those who secure a war chest of Bitcoin will be the long run winners, picking up distressed assets for pennies on the dollar. Focus on three things: AI, Bitcoin, and energy.
In 2024, Hyperliquid
1) redefined the crypto meta to put community above all. With Hyperliquid, there are no investors, no market makers, and no fees paid to any company. Billions of dollars of value were created by a common vision and relentless hard work. This value went directly to hundreds of thousands of users, building a passionate community with real skin in the game. You all continue to inspire me every day.
2) became the first mature, permissionless financial hub where liquidity and UX matched the most liquid centralized venues. Recent highlights include $15B 24-hour volume, reaching 20% of Bybit futures and 8% of Binance futures volume. Unlike CEXs, Hyperliquid accomplished this as a user-owned protocol.
3) reinvented several of the most entrenched and predatory centralized practices to be crypto-aligned: fair, transparent, and accessible.
Examples of the last point:
1) Listings have always been controlled by CEXs that extort projects through listing fees to maximize their own profits. This is absurd, as the community drives long term success. CEXs tempt projects with immediate liquidity but kill their ultimate vision. On Hyperliquid, listings are fair, permissionless, and transparent: anyone can bid in the auction to deploy a new spot asset. Projects that want to control their own fate increasingly see Hyperliquid as one-stop infrastructure for both the tech stack and liquidity.
2) Historically, CEXs capture the lion's share of revenue in crypto. On Hyperliquid, builders are already bootstrapping 9 figure businesses. Some are monetizing >$100k per day in revenue entirely onchain through builder codes, which are a primitive built into the L1 to allow customizable monetization for applications. Others carve out and own entire verticals in the budding ecosystem.
Builders are tapping into Hyperliquid as their blockchain of choice, and I’m excited for more and more to join the ecosystem this year.
--
In 2025, I expect the technology of Hyperliquid to close much of the gap towards housing all of finance. The maturing technology will include a growing and permissionless validator set while improving the world-class liquidity infrastructure that Hyperliquid provides.
Some concrete predictions:
1) Multiple billion dollar applications/protocols will be built on Hyperliquid. They will own their full stack but tap into the ever-growing liquidity and community.
2) More than 50% of volume from new defi projects will happen natively on Hyperliquid. Hungry teams will value the integration of CEX-level liquidity with the permissionless accessibility of blockchains.
3) Millions of users will use Hyperliquid without knowing about the blockchain at all. Just like web2, users will experience the magic of their favorite products without thinking about the underlying technology.
These predictions are ambitious, but as I look back and realize just how much we've accomplished in a year, I think they're quite reasonable.
Back to work!
Humans are hardwired to copy others by evolution — for a good reason. Mimicking those around us has been the most efficient survival strategy for millions of years. However, the world is different today. We now live in an age of rapid change — what used to be efficient becomes a recipe for mediocrity and decay.
🥂 Let 2025 be the year we rely on our own opinions — not imposed stereotypes and outdated thought patterns. Only by trusting our instincts and following our own unique paths can we fulfill our potential and make great contributions to the world.
Have a happy and productive 2025, everyone! ✨
🔒 What I’ve Learned About the Quantum Threat to Bitcoin 🧠⚡
After a week of deep dives - reading research papers, watching videos, and speaking with experts - here’s what I’ve uncovered about quantum computing’s impact on Bitcoin:
🌟 The Timeline is Unpredictable
Quantum breakthroughs can come faster than expected (think: really bad AI image generators 2 years ago vs. how good ChatGPT was when released last year). While it’s not today, a "Q-Day" could happen in 2 years… or 10.
🔑 The Real Threat: Elliptic Curves
The attack on Bitcoin addresses is through the discrete log problem, where a private key can be derived from a public key. This affects:
* Pre-2012 Bitcoin addresses.
* Addresses used more than once (tons).
If - or rather - when cracked, attackers could move your Bitcoin without your permission.
🔐 Mining is Safe… For Now
SHA-256, the hashing algorithm securing Bitcoin mining, is quantum-resistant. Attacks here are unlikely for a long time.
🛠 Upgrading Bitcoin
Moving to quantum-resistant Bitcoin requires:
Updates to all Bitcoin software and wallets.
A likely block size increase to 16MB.
Everyone moving their Bitcoin to new "use once" quantum-safe addresses.
⚡ Quantum Warning Signs
Quantum computing breakthroughs will progress in steps:
Cracking elliptic curves at 8, 16, 32 bits first.
These milestones could give a few months of warning or more...
📦 Migration Timeline
If everyone had to move their Bitcoin to safe addresses... at current block size, it would take 6 months with no other transactions.
So once again a block size increase of 16MB would help speed things up.
🤝 Hunter Beast & the Devs
This is not the name of a new band, but instead some bada$$ developers working with Hunter Beast (@cryptoquick) - he is leading the charge for Bitcoin’s quantum-proof future.
His nonprofit supports research and development for this transition. If you care about Bitcoin’s security, consider donating to help fund their efforts!
🔧 Quantum-Proof Testnet Incoming
A Bitcoin quantum-proof testnet is 6 months to 1 year away. This will allow wallets, clients, and websites to start adopting quantum-safe address formats.
🔮 TL;DR: A quantum-safe Bitcoin future is possible but requires preparation, cooperation, and urgency.
Let's support the developers pushing for Bitcoin's survival in the quantum age!
Also, share this post. 🚀
New Faction Unlocked 🔓
@pudgypenguins has joined the journey for $HQ
Pudgy, Lil Pudgy, & Pudgy Rod holders, mint your exclusive Faction Badge and earn Bonus Credits!
https://t.co/cxrsM7Q894