Ciphersmith

Personal account of Paul van den Hove - CEO and CPO of @symbulls and the forthcoming TokunCash.

[Ciphersmith @_ciphersmith_]

There is no right and left. There is only the continuum between anarchy and totalitarianism. The rest is window dressing and different color uniforms.

[Ciphersmith @_ciphersmith_]

@TheDesertLynx @gringokiwi Yes.

[Ciphersmith @_ciphersmith_]

What is bitcoin's new support level? Any guesses? Does it have a support level any longer?

[Austin Campbell @austincampbell]

Note that young people likely opened more accounts with @SoFi than basically all of the big four combined over the past few years.

I wonder why?

[Ciphersmith @_ciphersmith_]

@notgrubles They aren't. Yielding stablecoins are bitcoin competitors, not stairsteps to bitcoin adoption.

[Ciphersmith @_ciphersmith_]

Dude, why am I going to listen to a guy who's podcasting from a room that looks like the spare bedroom in his wife's boyfriend's house?

[Onramp @OnrampBitcoin]

"STRC is not a money market.

It absolutely is not a money market, even though it walks like a duck and quacks like a duck. It is not a duck."

@real_vijay on why the retail capital chasing that 11.5% yield may get into trouble chasing it.

[The Bitcoin Historian @pete_rizzo_]

BILLIONAIRE ELON MUSK USING HIS OWN AI TO PROVE THE SECURITY OF #BITCOIN

THE WORLD'S RICHEST MAN 🔥

[Ciphersmith @_ciphersmith_]

@MrHodl @BitcoinPierre There aren't many willing to die for that, I promise.

[Joel Valenzuela @TheDesertLynx]

@River Roger Ver, and I'll die on that hill

[Ciphersmith @_ciphersmith_]

@basedlayer @dotkrueger You run out of units of account at the bottom end. There will have to be protocol changes to accommodate subsatoshis.

[Ciphersmith @_ciphersmith_]

@TheDesertLynx @Cointelegraph You could script the ad without needing to even consult with Dorsey or his minions. Standard playbook.

[Ciphersmith @_ciphersmith_]

@gladstein I'm glad you and others are calling for equipping individuals through the powerful OS community rather than putting arbitrary government guardrails on yet another technology.

We don't need the nanny state. We just need the tools we create to be unfettered by "our keepers."

[Ciphersmith @_ciphersmith_]

@gladstein @bergealex4 That's precisely why sound, secure, private money is not, and cannot be, a mass phenomenon. It's for the cognescenti. That said, there can be scores of millions of those worldwide.

[Ciphersmith @_ciphersmith_]

https://t.co/7UR8WcH6EF

[David Black @biomance]

"I legitimately don't see a problem with KYC" <--- This is what the enemy of liberty looks like.

They think they're reasonable and that the system is set up to help people. KYC and background checks for guns et al are a violation of due process. They first assume you're guilty of something so they go on a privacy violating fishing expedition to prove it.

But this guy thinks because it's a "private" company that's violating your privacy rights that it's 100% ok.

[David Black @biomance]

There is no usefulness in surveillance ledgers. A "financial system" which rests on a surveillance ledger is a financial system that's gobbling up your financial data and spying on you.

See, you think transparency in government is a good thing... I think that's being extraordinarily naive. The government will NEVER submit to transparency... EVER. In theory it just sounds great... but reality says differently at every turn. And no, you're not going to force them at the ballot box. It's not going to happen. We couldn't even force them to release the Epstein files and you think they're going to let you follow the money? lulz

"Bitcoin maxis value integrity which is a net positive" <--- False. They value their surveillance ledger... which is a net negative. If they valued integrity, they'd understand that building a financial system on a surveillance ledger is building a financial panopticon designed. It's literally no different than if they promoted that all banks accounts to be public and psuedo-anonymous.

[Ciphersmith @_ciphersmith_]

@tanpukunokami @TSnyderUSA They worship the self, which is a camouflage for the spiritual forces he was talking about.

[MAZE @mazemoore]

This is one of the more important videos I’ve made.

Never forget this evil.

[Ciphersmith @_ciphersmith_]

@TheDesertLynx @laurashin Stablecoins can easily be made stable (fiat hedges) if companies manage their liquidity appropriately rather than being heavy in fiat or equivalents so that they can plunge capex in to stupid AI slop.

[Lark Davis @LarkDavis]

Gary Gensler taught blockchain at MIT. The crypto community actually cheered when he got appointed SEC chair. Then he spent four years suing every exchange in sight and calling every token a security.

Now he is on a CNBC interview claiming the CFTC should not regulate sports betting because it is not their expertise.

Expertise. From the guy who knew exactly what crypto was and came for it anyway.

We are glad you are NOT in the SEC anymore. We are not sad to see you go.

[Ciphersmith @_ciphersmith_]

@CryptosR_Us @coinbase Go into debt to "stack bitcoin"? No thanks. We'll just convert our dollars directly rather than paying Coinbase rent on our purchasing power.