vital

To be great is to be misunderstood #Bitcoin

[Jack Mallers @jackmallers]

COVID: flatten the curve... just one shot... shots & boosters... still get sick, stuck inside, inflation isn't transitory.

Iran: we WON'T negotiate... we're negotiating... going well... Hormuz still closed, oil shock.

Fiat is deception, debt, and war. Opt out, buy bitcoin.

[Bitcoin Magazine @BitcoinMagazine]

Coinbase #Bitcoin commercial shows how houses get cheaper when priced in BTC over time 👀

"In 2012, you'd need 30,000 BTC to buy this house...today it could be yours for 5 BTC."

You will now be able to buy a home with a bitcoin-backed mortgage 🙌 🇺🇸

[vital @VitalBerrry]

this is the way

[Willy Woo @willywoo]

I'm seeing crypto folk falling into the trough of dispair after an abysmal bull market with mainly losers and BTC outperforming their "beta".

Let me tell you a story that tells you why you got screwed. It starts with the end of FTX.

When the bankruptcy folk came in to liquidate FTX assets their mandate was to sell everything. This included vast quantities of locked SOL.

They inadvertently invented something new, selling an asset that was locked up on-chain through the magic of a legal sale agreement (pay me now, I deliver later).

The deal got passed around the ecosystem, fund managers bought up the locked SOL at more than 60% discount to compensate for being locked up and exposed to the token price.

Many hedge funds bought the deal. They knew they could hedge the token price on futures markets by shorting SOL pocketing 70-80% yield at near zero risk (staking + basis yield + token discount).

They liked it and asked where can we get more of this?

Herein lies your PROBLEM as a crypto investor in 2023-2025.

Every crypto project has backers (and a foundation) who has great wads locked tokens that have been sold to hedge funds and dumped on you immediately through futures markets.

All your alpha went to market neutral hedge funds pocketing risk free yield.

THAT IS WHY CRYPTO IN 2023-2025 UNDER PERFORMED

You got dumped on prematurely.

On the bright side many of these projects, even though they have "locked up tokens ready to dump" on paper, in reality they have been sold already, so they will logically perform without the expected sell pressure in the next bull market given they have effectively been sold.

Not that I recommend buying crypto, you need to be an insider to get an edge, it works like a casino, the house will take your money. The house in 2023-2025 were the people who understood this trade. Just buy BTC and get on with your life.

[Bitcoin Magazine @BitcoinMagazine]

Giant #Bitcoin drone show in Switzerland showing BTC eating fiat currencies like Pac-Man 🇨🇭

[vital @VitalBerrry]

Brilliant!

[Julian Figueroa @kinetic_finance]

⚠️ I studied 12 Bitcoin billionaires and found something strange.

None were uniquely brilliant, or lucky.

But all of them passed 3 psychological tests, in public, that I still see 80% of bitcoin holders fail.

You will eventually face these too.

💥THE EXIT MANUAL - EPISODE 28

[vital @VitalBerrry]

Newsmax proving to be the right wing equivalent to CNN. MSM is a sham. America first. Christ is King. Buy #Bitcoin

[Ounka @OunkaOnX]

Newsmax: "Christians, your foundation is Judaism. Your savior is Israel."

Imagine dictating theology to millions of believers to serve a foreign political agenda

[vital @VitalBerrry]

sheeeeit

[Brian Armstrong @brian_armstrong]

New way to stack sats: hold USDC, earn Bitcoin.

Sometimes the smaller features are the coolest ones. Coinbase One members can choose to receive their weekly rewards in either BTC or USDC, rolling out now.

[vital @VitalBerrry]

@Croesus_BTC @macrojack21 Bottom is most definitely NOT in

[Will @WClemente]

It does seem a little crazy that every day people get sports gambling and prediction market ads thrown in their face all day yet you’re not allowed to invest in innovative private companies. Seems more like more of a way to gate keep deal flow for the wealthy & institutions.

[CryptosRus @CryptosR_Us]

BITCOIN JUST BROKE THE ETF INDUSTRY

Eric Balchunas says in 20 years covering ETFs he’s never seen anything like this. BlackRock’s $IBIT hit $100B in roughly 400 days. The next fastest ETF to reach $100B was Vanguard’s $VOO -- and that took around 2,000 days. A 100-year-old industry, and the fastest product ever is a $BTC ETF.

It gets deeper. $IBIT options are already among the top ETF options by volume, and Balchunas notes $IBIT options are now effectively the largest #Bitcoin options market in the world. That’s liquidity, derivatives depth, and institutional positioning forming at record speed.

This isn’t hype. It’s structural demand flowing through regulated rails. When Bitcoin becomes the fastest scaling ETF product ever launched, you’re not watching a trend -- you’re watching financial infrastructure shift. 🌊

[Isabel Foxen Duke⚡️ @isabelfoxenduke]

BITCOIN RAILS #50: HISTORY OF SEGWIT & TAPROOT | with Pieter Wuille

🔗 YOUTUBE: https://t.co/lfME7BX06J

A primary maintainer of Bitcoin Core from 2011-2022, Pieter Wuille is arguably the most influential developer in Bitcoin’s history since Satoshi himself.

After receiving keys to the Bitcoin codebase from @gavinandresen, who was tasked with maintaining the codebase by Satoshi Nakamoto, Pieter went on to implement some of Bitcoin’s most dramatic and influential upgrades, including but not limited to:

- Implementation of Bitcoin’s Taproot and Segwit upgrades
- Implementation of libsecp256k + Bitcoin’s unique encoding structure for the cryptography securing all Bitcoin public/private keys
- The first import/export feature for Bitcoin private keys into Bitcoin (now Bitcoin Core)
- Development of hierarchical deterministic (HD) wallets, enabling backups via a single seedphrase and paving the way for seedphrases themselves
- DER signatures, Miniscript, and so much more

A truly special episode of Bitcoin Rails, this is a rare long-form interview with one of the most important historical figures in the arc of Bitcoin’s development.

Pieter and I walk through how Bitcoin consensus works in practice, the history of Bitcoin's most critical early developments, and the key role of his good friend, Greg Maxwell, nearly every step of the way.

This episode of Bitcoin Rails is powered by:
— Best In Slot (@bestinslotxyz) - the leading API for Ordinals and BRC-20 data aggregation and indexing.
— Spark (@lightspark) - a statechains implementation advancing Bitcoin-powered payments.
— Citrea (@citrea_xyz) - a leading Bitcoin rollup technology and BitVM alliance contributor.

TIMESTAMPS:
00:00 Intro
00:42 Early Days in Bitcoin
01:25 First Contributions to Bitcoin Core
04:38 Challenges and Innovations in Bitcoin Development
06:54 The Hal Finney Challenge
12:16 Bitcoin Core Contributors Back Then
14:18 The Creation of HD Wallets and Seed Phrases
17:47 Greg Maxwell Role and Relationship
21:00 Implementing Libsecp256k1
28:39 Why Did Satoshi Choose ECDSA
33:34 Addressing OpenSSL Issues
40:41 Why Pieter Wrote BIP 66
47:54 BIP 103 Proposal and Initial Reactions
49:57 SegWit Development and Implementation
01:05:39 Taproot's History, Details, and Benefits
01:11:09 Why Taproot Has No Hashed Addresses
01:16:55 Pieter's Thoughts on BitVM and other non-softfork dependent scaling solutions cc @robin_linus
01:18:27 Non-Soft Fork Scaling Solutions
01:23:03 Future Consensus Changes and Challenges
01:25:28 Bitcoin's Miner Centralization and Security Concerns (e.g. MEV) cc @TheBlueMatt
01:34:48 Miniscript: Simplifying Bitcoin Script? cc @Rob1Ham

[vital @VitalBerrry]

“I looked for my name in the files just like everyone else” - sorry, I cant relate. You fucking knob. What kind of father brings his children around a pedophile?

[Cory 🦢 Real Bitcoin @ Swan.com @CorySwan]

Gross Howard Lutnick just admitted under oath that he visited Epstein on the island SEVEN YEARS after supposedly swearing he’d never be near him again.

[vital @VitalBerrry]

Leave it to a XRP retard to say retarded things lol

[{Matt} $XRPatriot @matttttt187]

🚨New video of Bad Bunny looking visibly SHOOK as he’s trying to leave the Super Bowl

Pausing to look back several times with visible concern in his eyes. You’ d swear he saw The Devil himself and was terrified

Afterwards he also abruptly deleted his entire Instagram account, with 51 million followers 👀👀

Well, the first points scored in the game were a 33-yard field goal…so there’s that 😆

[Clint Russell @LibertyLockPod]

This looks like hard confirmation that the FBI knowingly wiped the footage from Epstein's prison. Holy sh*t.

[Jeff Swanson @theswansjr]

Bitcoin dropped $10,000 yesterday.
Today? Up $10,000.

It took 8 years for Bitcoin to crawl from $0 to $10K. Now it swings that much in one day. Multiple times in a single week.

Your brain still thinks in fiat time. It's calibrated for slow decay, for 2% annual moves, for stability theater.

Bitcoin operates on exponential time. And here's what's coming:

One day—soon—Bitcoin will move $50,000 in a single day.

The talking heads on CNBC will lose their minds while you sit there, cold wallet in hand, watching it happen.

You're watching monetization at global scale.

[Breadman @BTCBreadMan]

There are two types of “orange pilled” when it comes to wives.

Type 1 deeply understands Bitcoin. Extremely rare.

Type 2 does not understand Bitcoin or have any interest in it, but has come to accept that keeping the family’s entire liquid net worth in it has worked REALLY well

[vital @VitalBerrry]

Mood

[Ben Justman🍷 @BenJustman]

I can stay retarded longer than the Bitcoin price can stay gay