LATEST: Sen. Tim Scott on the CLARITY Act, "We should have the first vote before we leave. We'll be here longer than the next two days, we might be here much longer. We'll get it done."
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+10% gain for pDAI & pWBTC.
But pDAI is a stupid garbage coin that's too smelly to talk about.
Continue to ignore this coin.
💜 I urgently alert you to stop looking at this coin, and the Purple Bitcoin.
🧨 They are stupid and unstable.
💟 PulseChain has a lot of cool coins.
But it's only rewarding for those who reject soy.
Some Bitcoin hacks are good for price, others not. I'll describe to you a secret mechanic to price. Jimmy Zhong hacked 51,680 BTC from the Silk road in 2012-2014 and held nearly all of them till 2021. Then the government got them and sold them. I think you can guess how the price is affected different from what is today billions of holding instead of billions of selling.
If the marginal propensity to hold instead of dump is higher in hackers, alleged criminals, etc; than the original holders or governments, then that reduces supply and increases positive price pressure.
This is why Donald Trumps work on this mission, like Executive Order 14233, is so awesome. Why should you, the innocent holder and enjoyer of technology be harmed because someone else did crime?
Some holders: 2011 Mt Gox hacker 1feex still holds the orig 79,956 BTC, never moved.
Ilya Lichtenstein & Heather Morgan hacked Bitfinex for 119,754 BTC and held 83%
There's more examples, but you get the idea.
Another dumper: Germany dumped 49,858 BTC in 2024 allegedly from the "Movie2k" seizure.
TLDR; The $100M, so far, coldcard hack could reduce market BTC supply, or it could increase it.
I've now explained to you a hidden mechanism which affects price.
F.B.I. Agent Patrick Steven Yaroch confessed to stealing cryptocurrency, worth about $1,000,000 in 2024 or early 2025 says the New York Times quoting court documents.
I remember when Carl Mark Force IV (DEA Special Agent) got caught stealing Bitcoin. Also, Shaun W. Bridges (U.S. Secret Service Agent) got caught stealing 20,000 BTC as well.
Bonus! CNN says "The month before his arrest, Yaroch allegedly asked ChatGPT: “If you had a bucket of money (around $1 million) and you wanted to leave the USA and become a resident or citizen of an EU country, what would you do?”"
How often do government agents get away with stealing crypto vs getting caught I wonder. Probably unknowable.
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Pulsechain Pioneers are tinkering pDAI and Index-Tracked Assets ontop of Options.
NineIronCapital spoke of this.
Strangely enough, Vitalik too.
Is PulseChain building into a conduit for Vitalik and OG Cypherpunks?
I know the solution for storing your seed words safely.
Shamir's secret sharing. You can encrypt your seed words into secret parts, and having any one part doesn't make brute forcing any easier. If you just spread the words without encrypting them, having found some words make's it a ton easier to brute force the rest.
Having multiple isolated wallets helps to protect you for after you need to reassemble a seed for some reason and use it. Then any other screw up you make outside of keeping the secret secret, is smaller. Mistakes like, oh the giant list I made here: https://t.co/XHx09zDTNL
I dgaf that people like to press sell, I will continue to talk about superior security practices & technology & opportunity. I've mentioned Bitcoin, it went down 95%. I've mentioned Ethereum, it went down 95%. I've mentioned HEX, PulseChain, PulseX, ProveX, some of them went down 95%, but not all. I'm the guy that told you that nearly things in crypto tend to have massive drops. Yall pressing sell ain't gonna stop me from saying smart things and bragging about being right.
If you're a victim of the coldcard Bitcoin wallet hack, of which over $70M of value are. You probably really wished you had followed my advice. Unlike many Bitcoin influencers I've never recommended a specific hardware wallet to anyone ever, nor have I made a commission to do so, like they did, to get you anihilated. I'm better than the influencers you follow and you need to respect it. https://t.co/y7o9KCSZtI
Liberty built everyone toward July, let the date pass, then immediately pointed to the weekend.
Each cycle:
Builds expectation ➡️ drives engagement ➡️ creates disappointment.
Traders move charts.
Emotions move traders.
Repeat the cycle enough times and our own expectations become the final shakeout.
Perhaps we are our own final boss.
Will you get drawn in and become emotional?
Or will you observe… and wait for your thesis to play out?
#pDAI to$1
#Pulsechain season
Look here, the very first thing I told you about security was RNG. And today $40M or so has been hacked from people that used hardware from idiots, that also had bad RNG. Maybe you should review the rest of my useful tips as well. They're free, ur welcome.
https://t.co/a9zmnoyzt3
Bitcoin, I was too nice in my post. When you alienate people smarter than you, with better security than you and isolate yourself to your own little insecure island... You get what you deserve? You might not have noticed they spit on you Ethereum and all other chains with "scam-coins + tokens...
This is actually from the coldcard website (yes the one that just got deca millions of dollars of their users hacked away.)