A damning report was released on Tuesday that exposes the IRS’s catastrophic failure to safeguard billions in seized digital assets. Missing keys, botched memos, asset tampering, etc.
The incompetence is systemic.
Full breakdown in the thread. 🧵👇🏻
The Treasury Inspector General’s report shows IRS Criminal Investigation drowning in digital asset seizures with no grasp of the tech, custody, or procedures required to handle bearer assets. They’re flying blind with billions in “crypto” under their control.
May 12 • 21 tweets • 4 min read
⚠️Bitcoin Core defenders frame the OP_RETURN debate as overblown and irrelevant. They say Knots is poorly maintained and that all of this is just noise over a technical detail. But what they’re dismissing as noise is resistance to a dangerous shift in protocol culture. 🧵👇
The protocol is quietly being reshaped by developers aligned with VC-backed projects, while dissent is censored and filters are stripped away to make room for their payloads. But the pushback is coordinated now and announcements are coming that will make that clear.
May 11 • 22 tweets • 4 min read
⚠️Bitcoin Core spent the last week accelerating changes that undermine node sovereignty, shutting down dissent and ridiculing anyone focused on Bitcoin as money.
This thread lays out exactly what they’re doing and how you can push back. 🧵👇
The push to remove OP_RETURN limits serves one goal: opening the door for arbitrary data to flood the base layer. This shift turns Bitcoin from a monetary network into a general-purpose junk drawer for VC sidechains that couldn’t survive on their own.
Apr 23 • 20 tweets • 4 min read
Most gold investors already understand that fiat currency is broken, inflation is theft and sound money is the only defense.
But too many continue to dismiss Bitcoin because they haven’t studied it (or worse, because Peter Schiff told them to).
This thread is for them. 🧵👇
Gold deserves respect for surviving currency collapses, war, and regime changes. It taught us about scarcity and central banking risks but clinging solely to gold ignores reality. The world evolved; monetary assets have too.
Apr 20 • 9 tweets • 2 min read
Bitcoin was made for exactly what we’re seeing right now.
Gold is ripping, Treasuries are buckling, and central banks are slipping out the back door of the dollar system. The safe haven is failing.
What happens next? 🧵👇
Gold just broke $3,300. That’s a 39% rise in a year.
U.S. Treasuries are starting to behave more like junk debt than a safe haven, and central banks aren’t waiting around to see how it ends. They’re unloading bonds and shifting into gold.
Apr 16 • 18 tweets • 3 min read
Forget the Strategic Bitcoin Reserve, it’s political fiction.
Here’s something real, bulletproof and actionable: BitBonds from VanEck
I dug deep trying to find holes. This thing holds water!
🧵👇
Here’s the basic structure: U.S. issues a 10-year bond, 90% Treasuries + 10% BTC purchased at issuance. Investors get full BTC upside until hitting a 4.5% annualized return. After that, gains split 50/50 with Treasury.
Apr 11 • 16 tweets • 3 min read
❌Cancel Amazon Prime.
⛔️Stop buying Chinese junk.
Here’s why Amazon’s not worth it, how to get Prime for free (if you must) and why quitting helps you, your wallet, and your country. 🧵
Amazon has quietly become China’s favorite export machine. Over 75% of new sellers are Chinese companies flooding the site with cheap, low-quality garbage. You’re not saving money. You probably haven't even noticed but you’re just buying more junk you don't need, more often.
Apr 4 • 25 tweets • 5 min read
What if tariffs aren't the enemy but a catalyst for the ultimate hard money future? Trump's trade policy isn't just protectionism, it's a deliberate strategy to debase the dollar, reset the American economy and create perfect conditions for explosive Bitcoin adoption. 🧵
2/25 I wrote about this before. Maybe come back to it later if interested. Now toss in the tariffs and it's even more interesting.
𝕏 is busy battling censorship while Nostr just pretends the fight doesn’t exist.
Free speech isn’t magically won with protocols, it’s won by taking a stand.
tl;dr If Nostr wants to be more than a failed experiment, it needs solutions, not ideology.
Keep reading... 🧵👇
𝕏 is where the free speech battle is actually happening. It has the scale, tools and leadership to resist the establishment.
So far, instead of achieving any sort of real-world impact, Nostr has served as some irrelevant notion of ideological purity.
Feb 18 • 10 tweets • 2 min read
A "Strategic Bitcoin Reserve" is dead in Wyoming, the most Bitcoin-friendly state in America.
Yet Cynthia Lummis claims her federal bill with zero co-sponsors will pass Congress with hundreds of votes. If Wyoming won’t support it, D.C. certainly won’t.
Then why keep on? 🤔🧵👇
The absurdity of Wyoming—the most Bitcoin-friendly state in America—rejecting a strategic Bitcoin reserve bill should tell you everything about the viability of Senator Cynthia Lummis’s national proposal. If it can’t pass Wyoming what chance does it have in Congress? ZEE-ro.
Jan 27 • 15 tweets • 7 min read
Have you read and carefully analyzed the Lummis BITCOIN Act of 2024?
I have, which is why I must tell you why this bill is not only philosophically misguided but, practically speaking, utterly preposterous. I'll also help you understand who is funding Sen. Cynthia Lummis.
🧵👇
First, understand that in simple terms, the bill proposes the establishment of a Strategic Bitcoin Reserve, where the United States would purchase and custody 1M Bitcoin over five years to enhance national financial security and diversify reserves.
The bill also mandates a 20-year minimum holding period and uses Federal Reserve resources to offset costs, signaling a clear shift toward Bitcoin as a strategic asset.
Dec 6, 2024 • 18 tweets • 3 min read
Pres. Trump recently threatened BRICS and Putin with crippling tariffs if they support an alternative to the USD.
Understand this: BRICS will embrace #Bitcoin as their currency, it will happen soon after Trump takes office and it will change everything.
You might be interested in a timeline of events that I constructed from the 50-page @Swan Bitcoin lawsuit.
I'll post these chronologically so that replies can be posted with context or missing information.
⚠️Important disclosure: these are presented as allegations only.
🧵
Before we start, here is the list of defendants:
Proton Management Ltd.
Thomas Patrick Furlong
Ilios Corp.
Michael Alexander Holmes
Rafael Dias Monteleone
Santhiran Naidoo
Enrique Romualdez
Lucas Vasconcelos