Earlier this week @SovrynBTC launched after a syndicate of investors, including myself, invested in the project.

Here is how it is going so far πŸ‘‡πŸ½
As a reminder, Sovryn is building decentralized financial applications on top of bitcoin.

Decentralized exchange, decentralized lending, etc.
After 3 days, all-time volume has crossed $46 million.

Total value locked is approximately $30 million.
As with all companies and products that accrue long term value, it will be a marathon.

I'm encouraged by the early progress though and think there is a significant opportunity here for multiple projects to build decentralized applications on top of bitcoin.
The folks at @SovrynBTC need help to continue building.

They need developers, analysts, finance folks, animators, etc. If you have skills, they're open to talking.

Go learn more here: wiki.sovryn.app/en/open-positi…
If you're interested in learning about @SovrynBTC and the ideas behind decentralized finance on bitcoin, go check out their new website:

live.sovryn.app

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More from @APompliano

16 Apr
Millions of children are being set up for failure.

Rather than teach rote memorization in an attempt to pass a standardized test, we should teach critical thinking and problem solving skills.

This is what @synthesischool does.

Enroll your child: synthesis.is
An entire generation of kids are being forced to be less creative, less productive, and have fewer independent thoughts.

It is the duty of everyone in our society to ensure we prepare our children with the necessary skills in life.

Enroll your child: synthesis.is
Your child can learn critical thinking skills, problem solving skills, independent thought, leadership, teamwork, and what it is like to fail.

Look out for them. Prepare them. Set them up to succeed.

Enroll your child: synthesis.is
Read 4 tweets
14 Apr
In 2014, the IRS decided to treat cryptocurrency as property for tax purposes. This matters for 2 reasons:

1) it clarified sells/exchanges of bitcoin trigger a 'taxable event'

2) it means you can stack/trade bitcoin tax free. FEW.

This thread may save some of you ~$2,000 πŸ‘‡πŸ½πŸ‘‡πŸ½
2/ Let's start with the basics:

A taxable event is "an action or transaction that may result in taxes owed to the government."

Since the IRS treats crypto as property, you trigger a taxable event every time you sell, trade, or buy something.
3/ Typically Tax Day is tomorrow (April 15th) but due to COVID, it's pushed back until May 17th.

That means May 17th is the last day to file your taxes this year and you have 30 days to apply this knowledge to reduce your 2020 taxes.
Read 13 tweets
11 Apr
One of my goals this year is to help 10,000 people get hired in the bitcoin/crypto industry.

We have already made considerable progress, but here are more details on my plans.

πŸ‘‡πŸ½πŸ‘‡πŸ½πŸ‘‡πŸ½
1/ First, I had to find a team to help me. This is where @CJSakamoto15 comes into the story.

Colton kept sending me great memes (seriously!). We got to know each other, I pitched him on the idea, and he agreed to be CEO of the employment efforts.

Solid team βœ…
2/ Once I had a team, we built and launched our first product β€” the crypto job board.

Companies like Coinbase, BlockFi, Gemini, Bitwise, Kingdom Trust, Amazon, and TIME have all listed open roles.

We are now #1 job candidate referrer to many of the largest companies in space.
Read 13 tweets
24 Mar
Today I'm announcing a new investment in @synthesischool.

They have built the best way for your child to learn critical thinking and problem solving skills. It is based on how Elon Musk teaches his children.

Sign up here: synthesis.is
Many people don't know that Elon Musk built an experimental school called Ad Astra for his children.

The idea was to better prepare his kids for the real world compared to what the traditional system was doing.

@synthesischool comes out of that school that Elon Musk built.
The lack of critical thinking and problem solving skills we teach our children should be a national emergency.

@synthesischool fixes this.

They put kids into situations without rules or direction, which forces them to develop real world skills quickly.
Read 5 tweets
18 Mar
There is a higher likelihood that gold goes to $0 than Bitcoin does at this point.

One is growing in value and the other is falling.

Don't get caught on the wrong side of a paradigm shift.
It seems people are misunderstanding what I'm saying here.

I'm not saying gold is going to $0, but if you have to pick between gold or bitcoin β€” gold has a higher probability of going to $0 at this point.

Probabilistic conversation much more interesting than the binary one.
Additionally, many people believe the non-monetary value of gold is important. They forget to mention that gold jewelry demand peaked in 2013 and has been falling since.

Non-monetary value dropping quickly among younger generations.
Read 6 tweets
16 Mar
Digital artist @rekodi_i is quickly becoming one of the most interesting artists in the world.

The next drop is tomorrow night.

Time for a thread πŸ‘‡πŸ½πŸ‘‡πŸ½πŸ‘‡πŸ½
1/ @rekodi_i's last drop was 15 pieces of beautiful art.

Each piece was a 1 of 1 and the total collection went for more than $150,000.

That's just the start though. Image
2/ The next @rekodi_i drop will be the "Death to Fiat" collection.

Only 15 pieces with each being a 1 of 1.

There are 12 pieces that will be sold for 0.01 ETH and then 3 pieces that will be auctioned off.
Read 6 tweets

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