It's no accident #bitcoin rose from the ashes of the Great Recession

Necessity = the mother of invention after all

The money-printing happening today is kindling for a Grand Conflagration

It's the backdraft that will burn the halls of power

I do not like it tbh

What's coming will be painful

As @aantonop states so eloquently, we're witnessing the Separation of Money and State

Someday, our children's children's children will read about this moment in textbooks
They will wonder at the fact that long ago governments controlled their own printing presses... and got to weaponize their currencies against other nations (and even their own people)
They will see that govts got to use money as a quiet tool of injustice (stealing from the poor and cloaking it in the benign-sounding word "inflation")

[Inflation = a wealth transfer mechanism... taking from the poor and giving to the wealthy]
Just like the Separation of Church and State was devastating for the church, the Separation of Money and State will be devastating for the state

But, I'm optimistic that it will create a better future for our children

Governments currently wield too much power over our lives
If their budgets were constrained by the hard reality of an unmanipulable currency

Then they'd be forced to stop spending on things they couldn't afford

They'd be forced to make the hard decisions we've put off for a generation
They'd have less funding for political bs and wars of aggression

They'd have to peel back funding on the "nice to haves" and apply it only to the necessities: health, safety nets, education and infrastructure
What seems imminent is the radical constriction of the political machine

The great ledgers of all the governments around the world will be made right

The debts will come due

The hard decisions will have to be made
And government's prominence and overreach and massive amount of headspace in our lives will retract like a rusty mechanical arm

We have too much government today

They have convinced us that we need them

But what if that's the lie?

What if we can become more self-reliant?
What if we borrow less?

What if we save more?

I should save my breath and not urge governments to buy bitcoin bc I think they're too arrogant and stupid to see beyond the end of their terms

But there is an opportunity for governments to embrace crypto
The greatest trade of them all could be a central bank buying $BTC with its (borrowed) paper wealth
None of us can see the future, but all of us can feel the change

Number go up distracts us from how deadly serious all this is

It's here and it's happening

There will be blood

But on the other side, I believe there will be less govt and more freedom, too


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More from @redphonecrypto

7 Jul
El Salv approved #Bitcoin as legal tender

And thus began the global game of kings

(queen pawn to d4)

The IMF and China are on the defensive

& now another theory comes into play:

"countries that ban crypto will begin to fall behind"
Govts will cling to the way things were...

to the notion that it's their god-given right to abuse and manipulate their currencies
Read 14 tweets
2 Apr
Short story on why I love crypto builders...

A few months ago, I sent a random idea for a crypto tool to @mattaaron at @uniwhalesio...

"I want a way to see new tiny cryptos almost the second they get added to a DEX," I said

More 🙃
I want to see how many holders they have... what the market cap is and where the price is trending

And I want to see this BEFORE the coins end up on major price tracking sites like CG and CMC
Matt said that sounded neat, but didn't indicate he was doing anything w it...

Then, a few weeks later, he casually tells me development has begun
Read 9 tweets
31 Mar
🤡 thoughts on Visa + $Ethereum

1) The ground trembleth under mine feet

How much bigger of a news event can we possibly get? This is the beginning of blockchains becoming the de facto settlement layer for EVERY transaction of any value whatsoever moving forward

More 🙃
2) Crypto is finally breaking up the logjam of middlemen that make the current financial system so f'ing inefficient

There will be blood
3) We're in a race between regulators (I need a code word for them... maybe "gators") trying to shut down crypto and crypto integrating itself so deeply into the financial system that it can never be "disintegrated"
Read 10 tweets
13 Mar
A rambling dissection of of the $SYN failure

1. I was excited for this project for a lot of reasons... mainly bc I thought they'd incentivize liquidity on Uniswap/sushiswap for 3x tokens. In other words...

(more below)
I envisioned being able to go to Uniswap and buy 3xYFI bull/bear tokens for example. That would have made it the easiest way in the world to get leverage on just about any asset
2. The dev didn't seem to see Uniswap liquidity as desireable or possible on 3x tokens... I call bs since 3x tokens have been succesfully trading on thorchain's bepswap for months. Synlev had an opportunity to be doing the same on Ethereum instead of Binance Chain
Read 18 tweets
25 Feb
@beeple has done it

He's changed the art world forever

I thought we'd see a "major artist" embrace NFTs in 2021

someone whose name alone...

More 👇 Image
...could elevate the genre (in the eyes of the public) from curiosities to what great NFTs actually are:


expressions on the human condition...

profound reminders we're merely blood & guts
I wanted it to be an artist who deeply impacted me in the past... a Banksy or Damien Hirst

but perhaps that was a false desire

perhaps this new domain should belong to new artists -- the ones who... when we cut them bleed 1s and 0s
Read 12 tweets
20 Feb
Are you an $ETH lover who feels disgusted by growth outside of $ETH?

I say you’re focusing on the wrong thing

5 years from now... maybe less... most people won't give AF what chain anything is on

They’ll buy your $ETH on Polkadot

Or maybe even a $BTC sidechain

More 👇
All chains are gloming together like Lisa’s money-saving bar of soap

But there will be a network that transmits the vast majority of the world’s value

And one factor will matter above all others on that network:

It must be decentralized

It must be passably performant, yes

But there's no need for it to process trillions of tx every nanosecond because small or unusual transactions will migrate elsewhere

Another factor: the world's leading value-transfer network must be easy to build on
Read 20 tweets

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