Will Piers

Software engineer.
Betting on Bitcoin.

[Will Piers @willpiers]

@drei4u Definitely agree Bitcoin is showing signs of strength. But day 28 of what exactly?

[Will Piers @willpiers]

@sweatystartup Do you ever consider how your stance on hiring cheap foreign labor is related to this problem? I think it's worth reflection.

[Will Piers @willpiers]

@megarajan @LifeMathMoney It's my understanding that Ireland has the same etymology

[Will Piers @willpiers]

@_Checkmatey_ Are you including Strategy in this thesis? They seem pretty well capitalized to me.

[Will Piers @willpiers]

@paranoidbull @LukeGromen @buccocapital Excuse my morbid naivete, but what happens as they gradually die off? Won't that create a decline in housing prices?

[Will Piers @willpiers]

I know some will say it's antithetical to the Bitcoin ethos to seek yield (not your keys, not your coins) but this concept is obviously going to be a big deal at some point. Wondering who is leading the charge at this moment

[Will Piers @willpiers]

What're the most trusted products to earn yield on Bitcoin right now? The loan products at ~10% just don't do it for me.

[Will Piers @willpiers]

@MinnesHODLan Yep, this is absolutely correct. In theory, the halvings could be moved up significantly.

In practice, there aren't enough computer chips being fabricated to make this happen.

[Will Piers @willpiers]

@GCRClassic This is such cope.

Look at any group photo from before like 1970 and tell me again that obesity is a natural set point for some people.

Obesity is not a product of genetics or biology - it's a product of garbage food and garbage behavior.

[Will Piers @willpiers]

@ChrisPacia isn't this an anti-libertarian argument? you're saying we should legalize drugs but make it illegal to include fentanyl?

[Will Piers @willpiers]

@pastrommy87 @ebonheizef @thatseemscrazy @exiledinNJ @RetroTechNoir The big riots did happen in 2020, when Trump was still president

[Will Piers @willpiers]

@jpegonomist @mdesim01 @nic_carter @connoroday0 Yes that's true. Also, natural resource constraints make it impossible to fabricate enough new chips - hardware would need to be acquired from other miners. As well, ASICs have gotten so efficient that it's impossible to make a miner that's 5x faster.

[Will Piers @willpiers]

@mdesim01 @nic_carter @connoroday0 In theory, in a vacuum, it's reasonable to think that an entity with a ton of money could just buy all the hashrate and start making decisions.

In practice it's not so easy, for many reasons. This post from David Vorick was illuminating for me in 2018 https://t.co/YGon7EPTnc

[Will Piers @willpiers]

@knuck13head Imagine not respecting the opinion of a billionaire and a pioneer in the space

[Will Piers @willpiers]

@g_usermod @LukeYoungblood What will soon happen to make "smart contracts" a valid description?

The tidbit about Gavin seems to confirm my suspicion that "web3" is a nebulous, marketing term - similar to "world computer"

[Will Piers @willpiers]

@KyleSamani You've been saying this kind of thing for like 5 years. Seems like you've just never really understood Bitcoin.

[Will Piers @willpiers]

@MattyHODL @BobMcElrath @somedeepstuff1 @sck_trade yeah, this is my take as well. basically everyone I know has had covid. i'm just over the hysteria of it all. let everyone do their own thing.

[Will Piers @willpiers]

@BobMcElrath @somedeepstuff1 @sck_trade Why are grandma and niece dead if this guy doesn't get hypothetical omicron vax? Are they dead regardless of if they get the vax themselves?