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5 May, 4 tweets, 1 min read
Hundreds of US banks will soon allow their customers to buy, sell, and hold bitcoin in their existing accounts, thanks to @NYDIG_BTC

cnb.cx/3nW3kNd
coindesk.com/podcasts/coind…
NYDIG will hold the bitcoin for bank clients and allow them to withdraw it to their own addresses.

You could buy bitcoin without having to go through exchanges.

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More from @saifedean

Saifedean.com Profile picture
28 Apr
The best advice I can give people interested in learning about bitcoin is

SHUT UP ABOUT BITCOIN

Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it
No matter how smart you are, it'll take you many months of studying several unrelated & highly technical fields to form a good understanding of bitcoin.

Until you do, you are just wasting your time & the time of those unfortunate enough to humor you. Put in the work of STFU
This is why bitcoin is the ultimate fraud-buster. Anyone who bloviates on bitcoin without putting in the work is immediately exposed. This is a proof-of-work system, not the fiat world where you just need to make the right politically-correct noises to get a lifetime job.
Read 5 tweets
Saifedean.com Profile picture
25 Apr
This sociopath hates bitcoin because he is literally a fiat academic, who can only maintain the pretense of being an academic thanks to fiat printers. In a free market he'd go hungry as an academic or learn a useful skill more suited to his cognitive capacity, like shoe-shining.
The National Science Foundation is connected to the US government's infinite money printer. They face no opportunity cost for all the fiat money they hand out to fiat academics to write fiat bullshit.

And even they couldn't get themselves to fully finance this loser.
All academics who have received funding from the US government or its fiat universities need to recuse themselves from discussing bitcoin due to a clear & obvious conflict of interest.

Their entire careers depend on fiat. Don't be surprised to see them get even more deranged.
Read 4 tweets
Saifedean.com Profile picture
24 Apr
I ran the numbers on washing machine electricity usage and I am APPALLED.

850m washing machines worldwide consume around 140 GWh of electricity every year.

I'm only washing my clothes with my hand from now on & will start a campaign to ban washing machines!

#TweetLikeANocoiner
The washing machine community contains some of the world's most toxic and unpleasant individuals. Most the world's serial killers use washing machines.

These people are literally boiling oceans when hand-washing is an eco-friendly and sustainable alternative available to all.
Why should we as a society tolerate this selfishness of the washing machine community who want to consume electricity just to save time on hand-washing?

There are no social benefits to this waste when we are in a climate crisis & oceans are *literally* boiling.
Read 4 tweets
Saifedean.com Profile picture
23 Apr
Olive oil is a historically insignificant part of mediterranean diets, which rely heavily on animal fats. It had non-dietary uses mainly, only being eaten by the destitute who couldn't afford animal fats

facultativecarnivore.com/facultative-ca… ImageImageImage
The idea that Mediterraneans based their diet on olive oil is a scam promoted by Harvard & their industrial junk sponsors, to help sell high margin industrial plant oils, as detailed in the excellent @bigfatsurprise: ImageImage
Traditional Mediterranean diets, like all human diets, are based on animal fats.

It's hilarious that modern Meds believe what Harvard tells them their ancestors ate. If their ancestors saw them cooking in olive oil, they'd think they're destitute.
Read 6 tweets
Saifedean.com Profile picture
23 Apr
More than two years after this model was published, the price continues to track the model's predictions with astonishing precision.
The price of bitcoin can be anywhere between $0 and $100m. That it continues to remain within the one standard deviation band of the model's predictions for more than 2 years is about as likely to happen randomly as someone correctly guessing a private key.
The one standard deviation band is around $40,000 wide. The odds of the price being there randomly on any given day is ~40k/100m, or 0.04%.

The odds of it being in that band randomly for 800 days in a row is 0.0004 ^ 800 = 4.4 E-2719.

That's 0. (2719 zeros) 4.

Impossibly tiny.
Read 4 tweets
Saifedean.com Profile picture
14 Apr
Nassim Nicholas Tantrum has gone from endorsing my book to obsessively insulting me in public without once making any reference to my work.

Why?

Because I refused to join him on his insane cowardly hysterical crusade to shut down the planet with his friends at the WEF.
I was typing him a private message politely explaining to him why his "Precautionary Principle" is such a dumb idea.

He responded by blocking me, insulting me in public & then flat-out lying about why he did it the very next day.
It was the biggest mistake of my career to associate with this lying fraud. We were distant friends when he volunteered to send my book to a publisher & write the foreword. He submit his foreword without reading the book, at the very last minute, when it was too late to change it
Read 15 tweets

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