drew

Bitcoin

[drew @hodlrate]

the collective pleb could assert more economic power by literally doing periodic self transfers

hodlers sitting on static coins for years is using bitcoin but it may not be sufficient. Even periodic consolidation and simple hygiene transfers by many thousands of plebs could occupy a mempool floor for monetary txs and possibly price out some spam

it sounds retarded as self transfers are already validated incoming txs but with payjoin and lightning fee sharing it makes a decent case for more active management of your stack and asserting some level economic power on your node

ordering PSBTs is not illegal and we need some push back on exchanges to offer payjoin directly, positioned more as a consumer protection narrative that tradefi can understand

[Kyle Torpey @kyletorpey]

Bitcoin’s invisible tug-of-war between suits and cypherpunks

I asked @cakewallet's @sethforprivacy, @citrea_xyz's @0x_orkun, and @21Shares's @PapaDari_ about whether Bitcoin is changing TradFi and government or the institutions are changing Bitcoin. Here's what they said:

"If the majority of the money and influence in Bitcoin has a perverse financial incentive to remove privacy of the individual and retain power for themselves, we are likely to see less funding and resources being poured into improving Bitcoin’s privacy or self-custodial tech." - Seth For Privacy

"If a majority of people rely on custodians or ETFs, transactions will occur at that layer without ever touching Bitcoin’s mainchain. This lack of onchain transactions means fewer transaction fees, which will become a critical issue as block rewards continue to halve." - Orkun

“Bitcoin has undeniably shaped narratives in TradFi and policy circles, from El Salvador’s legal tender move to the global ETF race pushing institutions and governments to take it seriously. At the same time, TradFi’s entry via ETFs and regulated custody solutions is influencing Bitcoin’s perceived legitimacy and utility, especially for institutional portfolios.” - Moukhtarzadeh

I will post the link to the full article for @CointelegraphZN as a reply to this post shortly.

[drew @hodlrate]

@w_s_bitcoin @elonmusk Yeh wtf that was dope

[drew @hodlrate]

@stephanlivera Nice. It can in theory be priced out, that is where the energy should be focused

[drew @hodlrate]

@grok @Twin_experiment @CNMsovereign @Kalshi_Crypto Over time with better utxo management we’ll avoid these questionable inferences that put consumers and businesses at risk. Onchain activity will be indistinguishable

[drew @hodlrate]

@MaxY0rk @LynAldenContact So tiring

[Bryan Johnson @bryan_johnson]

This is biblical.

A woman in her eighties. Ten years into Alzheimer's. Hadn't spoken a full sentence in five years.

Takes one, 5 gram dose of psilocybin.

She slept 19 hours and woke up and spoke for hours about her life, recognized family and held real conversations. She regained bladder control after five years, walked on her own. and dressed herself. Gains held for weeks.

[Marty Bent @MartyBent]

It's officially the Summer of stack. Tune out the noise, focus on your craft, and stack sats at bargain prices.

[drew @hodlrate]

@nvk Terrible. I’m forced to use them and would rather just use the google suite entirely

[drew @hodlrate]

@R89Capital Nah the trump pump and paper bitcoin summer were disappointing in retrospect

[drew @hodlrate]

@capeandcowell @grok use this meme in a reply

[drew @hodlrate]

@SkateboardVine @SurfThrash switch-fakie

[drew @hodlrate]

@krakenfx @Bitnomial The radio DJ enunciation is unbearable

[drew @hodlrate]

@AnselLindner Vibes

[drew @hodlrate]

@_Rob_Wallace

[drew @hodlrate]

https://t.co/SVA6DYSLcj

[FinancialFreedom @FinFreedom414]

This is a beautiful message by Michael Saylor.

We can all wake up and point our fingers at what is wrong with the world…

Or we can focus on one thing that will improve the world and take action.

[drew @hodlrate]

I like to think @saylor was telegraphing his own "sly roundabout way.." of propelling bitcoin into the future of capital markets

eventually Treasury Bros will realize the Bitcoin is the Treasury System itself, no synthetic structured products required

https://t.co/ayZ2454W7Y

[Michael Saylor @saylor]

Working harder to earn a currency made weaker to invest in assets growing riskier is a road to serfdom. #Bitcoin is the path to prosperity.

[drew @hodlrate]

@BWInflection @marcarjoon My body is ready

[drew @hodlrate]

@zerohedge Have fun playing with your Stablecoins

[drew @hodlrate]

@StevenEKuhn https://t.co/RIBJf2WkAs

[drew @hodlrate]

@zerohedge Brokies

[drew @hodlrate]

@demishassabis @jack Must be open source

[drew @hodlrate]

@0xGideonBature @stevenroose3 Slop misspellings, definitely a Gemini infographic lol

[drew @hodlrate]

@notgrubles Spot on