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Oct 12, 2022 • 12 tweets • 3 min read
Some personal news! I am delighted to announce that I am have accepted a role on the Product team at @Blockstream.
I have been an avid Bitcoiner since 2014 but this the first time I've taken a job in the industry.
Here is why: 🧵
I believe Bitcoin is the best available tool we have for building a better world and Blockstream is my best opportunity to contribute to the advancement of Bitcoin.
May 13, 2022 • 26 tweets • 5 min read
1/ This is what happened (and is happening) with Terra/Luna, in plain English. 🧵
2/ Terra consisted of two parts: the TerraUSD coin (UST) which was meant to always be worth $1 and the Luna token was meant to grow in value as the Terra/Luna ecosystem grew.
Dec 2, 2021 • 10 tweets • 3 min read
1/ People are promising that gas fees will go away but that isn't going to happen. Decentralization will *always* be expensive.
Here's why: 🧵👇 2/ Decentralized networks by definition have more duplicate copies and more redundant connections than centralized network, so they are by definition more expensive. The upside of centralization is coordination. The downside is control.