Eli Nagar Profile picture
CEO @BraiinsMining | Building Bitcoin’s mining and energy ecosystem | Board @firefish_io | Self-custody or nothing
Dec 21 15 tweets 3 min read
⚠️ QUANTUM DOOM ⚠️
Bitcoin is dead. Again.

Or… we could explain how quantum computers actually work and what the real threat is. 👇🧵 Image First: how normal computers work.
They use bits.
A bit is either:
- ON
- or OFF

Everything today; banks, the internet, bitcoin; runs on billions of these tiny switches.
Mar 18 9 tweets 2 min read
The EU isn’t banning Bitcoin. It’s doing something worse.

Every move designed to strip away privacy, control access, and rewrite financial sovereignty.

Here’s how they’re doing it. 🧵👇 Image MiCA (Markets in Crypto-Assets) is the choke point.

Exchanges, custodians, and services must comply—or be cut off.

Bitcoin won’t be illegal. It will be contained. Tracked. Monitored. Regulated into submission.

This isn't consumer protection. It’s the illusion of choice.
Mar 5 11 tweets 3 min read
The IMF handed El Salvador $1.4B—but only if they stopped buying Bitcoin.

Bukele took the money. Then bought more Bitcoin.

The IMF is sharpening its knives, just like they’ve done before.

What happens next? 🧵👇 Image On Feb 26, 2025, the IMF approved a $1.4B loan for El Salvador, but with strings attached:

- No more Bitcoin purchases
- Bitcoin must be voluntary
- Taxes paid in USD only
- Govt must step back from Bitcoin activities

Same IMF playbook. Control the money, control the country. Image
Feb 16 14 tweets 3 min read
Bitcoin is secured by math, not middlemen.

At the heart of it is a special function created by the NSA.

If you don’t understand it, you don’t fully understand bitcoin.

Today, I'm going to explain it with an analogy that actually makes sense—the nerd in you will love this. 🧵👇 Me: At its core, SHA-256 is a hash function?
You: DaFuq???

Me: It takes any input (text, numbers, transactions) and produces a unique, fixed-length fingerprint.

You: Ooook.. and?
Feb 13 12 tweets 4 min read
Most people will never own 1 bitcoin.

Not because they don’t want to—because they won’t get the chance.

Here’s the math behind why the window to get off zero is closing fast:

🧵👇 There will only ever be 21 million bitcoin, but not all of them are for sale.

* 19.8M BTC already mined
* 3-5M BTC lost forever
* 1.2M BTC left to mine over 100+ years

That leaves ~16M BTC in circulation. But that’s just the beginning of the squeeze. Image
Feb 5 10 tweets 3 min read
99% of people don’t realize how hard bitcoin mining is.

This analogy will change the way you see it forever (use it to explain it to your friends): 🧵👇 Imagine you’re standing on a beach.

The golden sand stretches for kilometers.

It looks uniform from afar, but up close, it’s made up of millions of unique grains—each with its own unique shape, size, and color. Image
Dec 7, 2024 12 tweets 4 min read
This is David Sacks.

PayPal mafia member and one of Silicon Valley’s greatest investors (Meta, Uber, Airbnb, SpaceX).

Trump just named him White House AI & Crypto Czar.

Here are 10 quotes that reveal his stance on bitcoin🧵👇 Image 1. "I'm buying" - @DavidSacks in 2013.

Sacks is a bitcoin HODLer.

He was buying bitcoin in 2013 when the price was just $130.

It's up 76,000% since then. Image
Dec 1, 2024 10 tweets 5 min read
They called bitcoin a bubble, a scam, an index for money laundering.

Now they call it an asset class.

Here are 7 of the harshest bitcoin critics who completely flipped

🧵👇 BlackRock CEO Larry Fink

In 2017, he called bitcoin an "index of money laundering" and a "tool for criminals."

Fast forward to today, and BlackRock's IBIT is the largest bitcoin spot ETF.

Fink recently called bitcoin "an alternative to other commodities like gold." Image
Image
Nov 26, 2024 11 tweets 3 min read
The delusions behind a bitcoin strategic reserve.

That's the title of the latest bitcoin opinion piece in the FT. Let’s break down their claims and see if they hold up.

Spoiler: they don’t. 🧵 Image 1/ The article kicks off with an absurd comparison: it equates bitcoin to Andy Warhol paintings.

Sure, both are scarce. But bitcoin isn’t art—it’s money.
Money is foundational to every economy, and bitcoin is the apex monetary asset.

This analogy by the author demonstrates a lack of understanding of what bitcoin is.
Nov 4, 2024 21 tweets 5 min read
The next US President will inherit an economic ticking time bomb.

On the surface: America's economy looks unstoppable.

Below the surface: A financial nightmare that's destroyed every great empire in the last 500 years is brewing.

🧵👇 The latest @theallinpod breaks down the 'strong' US economy:

GDP: +2.8%
Inflation: 2.4%
Unemployment: 4.1%
Stocks: ATH
10Y Treasury: 4.3%

But there's a problem hiding in plain sight.
Oct 23, 2024 12 tweets 2 min read
We were approached by a nation-state that wanted to test our bitcoin mining software.

Here’s a peek behind the scenes:

🧵👇 It was late 2023 when they reached out.

I can't say which nation-state it was because of confidentiality, but I will share that quite a few nation-states are involved in bitcoin mining these days.
Sep 25, 2024 12 tweets 2 min read
I just watched the Bill Maher clip about "crypto mining," and as the CEO of a bitcoin mining company, I have some thoughts:

🧵👇 Firstly, I wholeheartedly agree with the woman next to Bill—crypto is a grifter's paradise.

Fortunately, bitcoin is not crypto.