Ten years ago I moved to New Hampshire for the @FreeStateNH, looking for freedom, purpose, and a better life.
It was the single most important decision of my life, and I've been immeasurably better off since then.
Here's a quick recap of my last decade. 1/9
In 2012 I came across the Free State Project from a liberty think tank list from @AtlasNetwork.
I watched with some interest from a distance, but when a Democrat state rep specifically called out Free Staters as a threat, I knew I had to move ASAP!
In 2013, I packed up everything I owned into my car and hit the road, starting the long journey from Phoenix (about 50 hours driving). No job or housing lined up.
Almost hit an elk in Colorado and got blown into a cornfield in Kansas, but I made it!
Hit the ground running pretty much right away. Started a podcast as was my duty as a libertarian. 🤣
Also got a job right away teaching taekwondo, and finally got that state championship I was chasing.
From there I did basically every kind of activism imaginable. 4/9
Worked for couple years for @AFP_NH promoting freedom in electoral politics at the local level (I still volunteer occasionally to this day).
I also traveled as a volunteer to promote the FSP and get more people like me to move for freedom! 5/9
I also started my own activism project @RightsBrigade (on break) to try to mobilize mostly volunteer activism and run only on Bitcoin donations.
Biggest thing we did was #JuryNullification outreach. We covered 10/11 courthouses in NH, sometimes several simultaneously! 6/9
Speaking of #Bitcoin...
I also got involved in cryptocurrency. On my trip to NH I received some Bitcoin. Started only accepting payment in crypto in 2015, then closed me bank account the following year.
Why do #Bitcoin and other cryptocurrencies act more like religions than tech projects? ☦️🛐
Because anyone can buy into the religion, and actually make money from growing it. 💰
Here's why most cryptocurrencies' incentives promote cult-like behavior. 1/9
DISCLAIMER!!! I am NOT advocating for crypto to play this role, the opposite actually! I want the tech to be used dispassionately by billions around the world to live better and freer lives.
I'm merely making sense of this bizarre social phenomenon
2/9
Crypto is both open to anyone to participate, and has a token at its root that you can buy, whose value fluctuates.
This means anyone can buy in and become a member (no gatekeeping), and, more importantly, when other people buy in and join, it profits current members!
3/9
Crypto is going mainstream, and as a result, more of the same old characters who run legacy systems are taking control.
Banks, big tech, and government are all getting involved, and they will have a say in how it's run. 😬
How much of a problem is this though? Quick 🧵 1/8
Decentralized crypto is an open and permissionless system. This means anyone can get involved.
If cypherpunks can use it, governments and banks can as well. Only they have a lot more money and power to participate with.
They will control much of crypto. It's inevitable.
2/8
How can this be really bad?
If they control the way all of us use crypto, then very bad! 😱
PayPal, Venmo, CashApp, and many more providers are getting into the transactions game. If they win 100%, then we're back to square one with censorship and fractional reserve.
3/8
The recent Tornado Cash arrests show the government is cracking down on privacy and open-source tech in a terrifying and unprecedented way! 😱
But it may not (yet!) be as bad as it sounds. Yes, we need to fight back, but it's not time for all-out panic quiet yet.🧵 on why 1/9
First let's get the bad out of the way: three developers of the open-source project and smart contract @TornadoCash were arrested and charged with money laundering and evading sanctions, both in the US and the Netherlands.
It's open-source code no one controls.
2/9
The precedent this sets for arresting open-source devs for writing code that anyone can use or repurpose is very bad!
Once deployed, they had no control over the contract itself: who used it, how they could use it, etc. Charges were for things that happened AFTER deployment
3/9
One of the biggest innovations in crypto's history happened over the past couple of years, yet almost no one is talking about it! 🤯
The cross-chain #DeFi ecosystem being built by @THORChain is the missing link crypto has been waiting for. 🔗
Here's why 🧵
1/12
Decentralized money needs decentralized finance.
The elephant in the blockchain room is that the cryptospace HEAVILY relies on centralized exchanges to do just about everything imaginable: buying, spending, staking, even holding, you name it!
This is a big problem!
2/12
Celsius, FTX, Voyager, Genesis, and countless more happened because, in the real world, people don't just hold and spend money. They get loans, earn interest, exchange assets, and more. Previously, this required centralized institutions.
The @Bitcoin Twitter account changed its bio to describe #Bitcoin as "trackable digital gold"! 😱
This came as a surprise to many, but it's absolutely true. Bitcoin is easily trackable. 🔎
This can be very bad, but it can also be good. Quick thread 🧵
1/10
First, Bitcoin, and most cryptos, are public, though pseudonymous. This means transactions aren't linked to your identity, and anyone can create new wallets.
But every single activity is public on-chain. Just check a block explorer like @Blockchair:
Crypto is the most radically transparent financial system in the world. Every last satoshi is accounted for. Where all the money is, who runs the network, how much is being sent, etc. is all publicly-available data.