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Cory Bates Profile picture
@corybates1895
Dec 18, 2022 • 22 tweets • 19 min read • Read on X
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Wow, another amazing year in the books! 🔥

Here are my top 20 #Bitcoin moments for 2022.

🧵👇
⚡️#Bitcoin conference Miami,
@jackmallers announces vendor rollout plan, bringing lightning to thousands of vendors across America.
⚡️‘Bitcoin & The American Dream’ book sprint collab. Self publishes in record time.
🏃‍♂️💨
⚡️Senators @CynthiaMLummis & @SenGillibrand submit bipartisan bill to protect #Bitcoin & privacy in America.

⚡️President @nayibbukele addresses the United Nations. “Greetings from the land of surf, coffee, freedom, & #Bitcoin ” 🇸🇻
⚡️The SEC’s @GaryGensler and CFTC’s @CFTCbehnam both agree that #Bitcoin is a commodity.

⚡️@tedcruz vows to make Texas the global leader in #Bitcoin mining & grid stability.
@Heritage
⚡️Central African Republic follows in El Salvador’s footsteps and becomes the second country to make #Bitcoin legal tender.🇨🇫
@FA_Touadera
⚡️@LordFusitua announces Tonga’s #Bitcoin legal tender status will take effect early next year.
⚡️@Excellion announces Madeira’s plan to make #Bitcoin defacto legal tender.🇵🇹
@JAN3com
@JeffBooth @plebmusic @BitcoinConfUK @FossGregfoss
⚡️Bitcoiners ascend on the Oslo Freedom Forum to discuss the humanitarian case for #Bitcoin @gladstein @obi @jackmallers @YeonmiParkNK

⚡️A wave of Bitcoiners make the pilgrimage to the holy land for the @AdoptingBTC conference. 🌋🇸🇻

@FossGregfoss reminds everyone to “do the math!” 🇸🇻

@paoloardoino
@maxkeiser
@Excellion

⚡️@Excellion calls out @VitalikButerin’s bs during the @labitconf in Buenos Aires.🇦🇷

⚡️@TuckerCarlson gets orange pilled— hosts a wave of based Bitcoiners on primetime tv @saylor @nayibbukele @MartyBent @maxkeiser

⚡️@joerogan gets fully orange pilled— mentions #Bitcoin 10+ times on the pod. @khalilrountree

⚡️@jordanbpeterson travels further down the rabbit hole, theorizing on the ramifications of taking control away from the central banks. @Breedlove22

⚡️Renaissance 2.0 @nayibbukele launches the greatest rebrand in history. Establishes the National #Bitcoin Office. @bitcoinofficesv @stacyherbert

⚡️44 Central Bankers across the world travel to visit @Bitcoinbeach seeing first hand, the promise of #Bitcoin
@romanmartinezc
@jorgebitcoinES
@HopeHousesv
⚡️@elonmusk buys Twitter and signals his intent to build the “everything app” + integrate payments.

⚡️@nayibbukele sends bill to Congress to activate the #Bitcoin backed volcano bond offering. 🌋🇸🇻 @maxkeiser

⚡️#ThankAMaxi movement gains momentum following the collapse of Luna, Celsius, 3AC, BlockFi, and FTX.

Not your 🔑 Not your 🧀

New army of #Bitcoin maximalists formed. @dergigi
What were YOUR favorite #Bitcoin 2022 moments?

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More from @corybates1895

Cory Bates Profile picture
Jun 13
As the world marches towards yet another war, it’s time to take a deeper look at SOFTWAR and what it all means.

Can Bitcoin actually prevent war?

Here’s the Top 4 points from Lowery’s thesis— relevant to what’s going down as we speak:
🧵👇 Image
1) Physical vs. Abstract Power: In the thesis, Lowery emphasizes the distinction between physical power (governed by physics, such as energy used in PoW) and abstract power (based on belief systems or social constructs). Bitcoin’s Proof of Work bridges this gap by imposing physical costs in cyberspace, making it a defense against threats like hacking or authoritarian control in digital systems.Image
2) Bitcoin as a Cyber Power Projection Tool: Lowery argues that Bitcoin, through its PoW mechanism, serves as a new form of "softwar" — a method to project physical power in cyberspace. Since Bitcoin’s PoW imposes significant physical costs (computational energy) on actors, it makes malicious actions like cyberattacks or data manipulation expensive. This positions Bitcoin as a cybersecurity tool that can enforce physical constraints in a digital environment.Image
Read 6 tweets
Cory Bates Profile picture
Jun 16, 2022
Interested in taking the pilgrimage to #Bitcoin Beach?

Here are some pro tips to consider:

🧵👇
AIR TRAVEL

San Salvador Airport (SAL) is the only international airport so you will land there.

Customs process is quick, organized, and took 5 mins.

Tourist visa cost is $12. Paid in #Bitcoin.
GROUND TRANSPORT

There are ample taxis waiting to take you to your destination. No need to pre-coordinate.

Taxi ride to El Zonte takes an hour & costs $40 (paid in #BTC)

Avis/Hertz rental cars also available for ~$40 a day.

Uber works in country.
Read 11 tweets
Cory Bates Profile picture
Mar 25, 2022
HISTORY OF THE PETRODOLLAR (*simplified*):

🛢1944: Post WWII Bretton Woods Agreement ties foreign currencies to U.S. dollar; USD is the only currency tied to gold

🛢1963 JFK assassination causes peak Cold War fear levels and massive surge in spending

🧵👇
🛢1963-1971: U.S. balloons its social/military budget (LBJ’s “Great Society” & Vietnam War).

🛢1971: Countries begin requesting gold deposits back from US.

🛢05 AUG 1971: France sends warship to NY harbor w/instructions to bring back its gold from NY Federal Reserve Bank
🛢15 AUG 1971: Nixon removes US from gold standard (soft default). World enters an all fiat standard.

🛢1973: Arab petroleum exporters of OPEC quadruple prices & embargo US in response to its support of Israel during Yom Kippur War.
Read 10 tweets
Cory Bates Profile picture
Dec 24, 2021
Wow, what a year! 🔥

Here are my top #Bitcoin moments for 2021:

⚡️SpaceX & Tesla buy BTC “In retrospect, it was inevitable.”

⚡️Laser eyes meme catches fire

⚡️China bans mining; hash rate relocates (US/Kazakstan mostly)

⚡️Bitcoin Conference Miami @BitcoinMagazine

1/
2/

⚡️Mallers/Bukele announce Bitcoin Law @jackmallers @nayibbukele

⚡️El Salvador makes #Bitcoin legal tender 🇸🇻

⚡️Max Keiser’s F*@# Elon Tour in Austin @maxkeiser

⚡️#PayMeInBitcoin movement w/Tom Brady, Aaron Rodgers, Odell Beckham, James Hardin @CashApp @ln_strike
3/
⚡️Ted Cruz vows to make Texas the #Bitcoin mining capital of the world @tedcruz

⚡️Mayors of Miami & NYC compete to be first to take their salaries in bitcoin @FrancisSuarez @ericadamsfornyc

⚡️Bitcoin Day KC @bitcoindayio @natbrunell @ericyakes @denverbitcoin @kc_hodl
Read 6 tweets

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