David Singontiko

SH&SS, CFA Charterholder

[David Singontiko @DSingontiko]

@parkeralewis If there is such a thing as digital credit, that surely ain't it

[Prof. Feynman @ProfFeynman]

It is in the admission of ignorance and the admission of uncertainty that there is a hope for the continuous motion of human beings in some direction that doesn't get confined, permanently blocked, as it has so many times before in various periods in the history of man.

[ODELL @ODELLXYZ]

the path to hyperbitcoinization is constant rugs until most people self custody

[Signal @signalapp]

Our statement on the UK government’s demand that all content on all devices sold or used in the country be scanned, on the presumption of nudity, using a dystopian combination of age verification and content scanning. This proposal will not safeguard children. It endangers us all.

https://t.co/VdWe9uhi8p

[David Singontiko @DSingontiko]

@MTanguma @Adamnmak This is the way 🙇

[Michael Tanguma @MTanguma]

Here is this free education helpful:

Money exists for one reason: to kill barter. Barter fails because it needs a double coincidence of wants. I have to find someone who has what I want and wants what I have, in the right amounts, at the same moment. Money fixes that by being the single good everyone accepts, so every trade routes through it instead of matching pairs by hand.

That universal acceptance isn't a preference. It's earned by properties. Scarcity first, then divisibility, durability, portability, verifiability. The good that holds those best becomes the most salable, salability compounds, and the market monopolizes around one money. It does not want a dozen.

So "accept STRC or SATA if you want" isn't money. It's a menu. The moment you have N tokens that only some people take, you're back to pricing every token against every other one and hunting for a counterparty who happens to hold yours. That is barter with a blockchain wrapper. And it's worse than old barter, because credit is an IOU, a claim on a counterparty, so fragmented digital credit reintroduces the coincidence-of-wants problem and stacks counterparty risk on top of it.

"Anything can be money" is true and useless. The only question that matters is what the market converges on, and it converges on the hardest, most salable good.

Everything else is barter in costume.

[JustDario @DarioCpx]

To go out publicly and say what he is saying, @edzitron has balls the size of the Las Vegas sphere

[David Singontiko @DSingontiko]

@grok @AdamBLiv @GetJollyInc Stock liquidity is a secondary market trait — it doesn't generate cash for the company. Dividends are sustained by free cash flow, payout ratios, and balance sheet strength. Using liquidity as the defense suggests the stronger operational arguments aren't there. - Claude

[David Singontiko @DSingontiko]

@grok @AdamBLiv @GetJollyInc disappointed in you Grok... your older brother should have taught you better.

[David Singontiko @DSingontiko]

@GetJollyInc @AdamBLiv fr...the logic making my head hurt

[David Singontiko @DSingontiko]

@JoeConsorti @KobeissiLetter Understood. Bitcoin surprises all.

[David Singontiko @DSingontiko]

@JoeConsorti @KobeissiLetter sir, b/c it affects the value of the company does it not?

[David Singontiko @DSingontiko]

@ericyakes btc leads the way

[David Singontiko @DSingontiko]

@JoeConsorti @KobeissiLetter "Their unrealized loss LITERALLY doesn't matter"....yikes

[Peter Schiff @PeterSchiff]

$MSTR spent $64B buying Bitcoin over the past five years. But as of today, its total return is negative. The entire premise upon which the $STRC Ponzi is built is the expectation that Bitcoin will appreciate by 30% per year, allowing MSTR to afford to pay STRC shareholders 11.5%.

[Sovey @SoveyX]

Did you know Korea sells “one-a-day” banana packs?

Instead of every banana ripening at once, each one is at a different stage.

One is ready today.

The next one is ready tomorrow.

The last one is still spiritually in college, “experimenting.”

Simple. Genius. Solves the entire banana problem.

What do you think?
Would you prefer your bananas this way?

[David Singontiko @DSingontiko]

@brian_armstrong 😓

[Casa @CasaHODL]

A Casa client held bitcoin since 2012. His family knew the bitcoin existed. They had no idea how to access it.

He built a plan that survives him. This is his story.

[Autism Capital 🧩 @AutismCapital]

This is such an autism moment. It's beautiful lmao. Tyson just says factually what he feels and the kid is like "Umm...thank you." LMAO 😂😂😂

[David Singontiko @DSingontiko]

@Croesus_BTC it's difficult for me to pinpoint why I feel uneasy with tradfi attempting to build products around btc... something about it isn't right