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Sep 21, 2020 12 tweets 3 min read Read on X
1/ Bitcoin Citadels 🏰

They represent security, self sovereignty, and for some, a utopian future built on #Bitcoin.

Time for a thread👇
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More from @SwanBitcoin

Nov 15, 2022
1/ Last week a large off-shore crypto exchange, FTX, went bankrupt.

We’ve received inquiries from Swan members wondering if the FTX fallout might affect us.

Your Bitcoin is safe.
2/ Neither Swan nor Prime Trust engages in any lending or borrowing services, nor rehypothecation of customer assets.
3/ Prime Trust is a licensed and regulated trust company and custodian located in the USA and is subject to US laws, unlike FTX. The trust structure legally requires that your funds are held separately from company funds, and solely in your name.

Read 7 tweets
Nov 30, 2021
1/ TD₿: Six Reasons Why You Should Run Your Own Bitcoin Node by @parman_the.

TL;DR To be truly sovereign using Bitcoin, you need to run your own node.
cory.substack.com/p/td-six-reaso…
2/ Quote of the Day:

“Bitcoin enables individuals to reclaim and reassert their Natural Rights using a system that is inherently significantly harder to control.” - @MartyBent, Host of the Tales from the Crypt Podcast and Editor in Chief of Marty’s Bent
3/ Meme of the Day:
Read 4 tweets
Nov 29, 2021
1/ TD₿: Bitcoin Maximalism by @PeterMcCormack with @pierre_rochard

TL;DR Based on our understanding of monetary economics, most of the value will accrue to one coin.

cory.substack.com/p/td-bitcoin-m…
2/ Quote of the Day:

“Individuals adopt #bitcoin because it possesses unique properties that make it superior as a form of money relative to all other currencies.” - @parkeralewis, Head of Business Development at Unchained Capital
3/ Meme of the Day:
Read 4 tweets
Aug 9, 2021
"Whether Bitcoin continues to be successful or fails, there's no risk of the network using too much energy in the grand scheme of things."

Swan's Lead Economic Advisor, @LynAldenContact, debunks Bitcoin energy FUD in her latest report.

Preview thread 👇
swanbitcoin.com/bitcoins-energ…
Before we dive into the thread, @stephanlivera and @CitizenBitcoin will be hosting Lyn on a Twitter Space later today at 3pm PT / 6pm ET to discuss the piece. @MartyBent and others will join as well.

Set a reminder and join us: twitter.com/i/spaces/1ynJO…
"Bitcoin's energy usage is a rounding error.... when scientists estimate annual global energy usage, they can easily be off by a couple percentage points in either direction, let alone a couple tenths of a percent. Bitcoin is estimated to use less than one-tenth of one percent." Image
Read 16 tweets
Jun 30, 2021
1/ The price of any asset is deter­mined by its supply and demand. Bitcoin’s programmed halving of supply has a dimin­ishing effect on its price.

A new piece on the Swan blog by @Geertjancap with @coryklippsten.

A summary thread 🧵👇

swanbitcoin.com/the-diminishin…
2/ Even though we can all see them coming, Bitcoin’s halvings create supply shocks. Here we see the reduction in full-year issuance over the prior full-year rise of each halving but diminished in scale by half.
3/ Next we look at the price of bitcoin divided by its price exactly one year prior. We see these multiples rise and fall but with a diminished magnitude each time.
Read 7 tweets
Aug 25, 2020
Bitcoin's intransigent minority will force the adoption of Bitcoin onto a much larger US population.

A thread based on Cory Klippsten's "10 Million Bitcoiners":
swanbitcoin.com/ten-million-bi…

👇👇👇👇
Not many years from now, the number of Bitcoiners in the United States of America will cross ten million. When we hit that milestone, it’s game over: Bitcoin wins.
Nassim Nicholas Taleb (@nntaleb), wrote about “the intran­si­gent minority” in his book Skin in the Game. Here’s the concept at work: almost every packaged food product for sale in the U.S. is kosher.

nassimtaleb.org/2016/08/intole…
Read 14 tweets

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