Stephan Livera Profile picture
#Bitcoin Podcaster, Managing Director @Swanbitcoin International, partner @bitcoinervc, Writer @bitcoinmagazine. Learn about Bitcoin by listening 👇
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Aug 25, 2022 16 tweets 5 min read
Most traders lose, but #bitcoin stackers win. Check out my recent article for @SwanBitcoin Private August 2022 edition with a few highlights below:

👇 "Why do most traders lose? Because they simply are up against very difficult odds, trading against highly skilled and capitalised opponents, and the house (aka the exchange) gets to take a cut too. And let’s not forget taxes."
Jul 10, 2022 9 tweets 3 min read
New #bitcoin bear market FUD dropped! A few quick reactions on this thread:

- does not grasp that there are already millions of bitcoin users HODLing and transacting
- there are 1.7B unbanked individuals
- confuses trustless for trust minimised

So at first he's going on about impossibility, and yet there are many people already transacting today using bitcoin and lightning. Now are they *guaranteed* the ability? you could argue that bitcoin tx fees could rise to price people out, but so long as you pay, it works
Jul 21, 2021 50 tweets 8 min read
Bitcoin as a tool for economic empowerment with @CathieDWood @elonmusk @jack & @moneyball

live tweet highlights thread:

thebword.org/c/track-2-Bitc… @CathieDWood @elonmusk @jack @moneyball Steve: What shaped your views on Bitcoin?
Cathy: Focus on disruptive innovation, economics. Collaborated with mentor Art Laffer, and this launched their efforts.
Jul 19, 2021 4 tweets 1 min read
Covidians don't grasp the bigger picture.

Due to their fight to mandate lockdowns, masks, vaccination and travel bans, millions of people around the world will starve. The nerve of these people to sit on their zoom calls and pretend to us how virtuous they are.
Jun 17, 2021 45 tweets 8 min read
Listening in to #Bitcoin Mining Council spaces hosted by @michael_saylor

twitter.com/i/spaces/1MYxN… @michael_saylor Idea being an open forum to share best practices and promote transparency.

(I'm not convinced 'transparency' is necessarily a good thing)
Jun 14, 2021 5 tweets 4 min read
SLP284 @SGBarbour #Bitcoin & Fossil Fuels vs Fiat Maxis

Steve and I chat:
- Wind and Solar as unreliable
- compliance costs
- Carbon ESG is it a state attack?
- industry BSing
- @upstreamdatainc & hash hut

stephanlivera.com/episode/284/ Image @SGBarbour @upstreamdatainc "It's just like, sweep it under the table. These are clean. Give me my subsidy to go to this project and let's ignore the elephant in the room."
Jun 9, 2021 24 tweets 4 min read
Paraphrasing @nayibbukele from @nic__carter's Spaces on #Bitcoin legal tender:

El Salvador govt will have a govt-wallet for merchants (but it won't be the only choice), as Bitcoin is an open network @nayibbukele @nic__carter Company balance sheets will be in USD, but taxes can be paid with Bitcoin.

Debts will be able to be paid with Bitcoin.
Sep 7, 2019 6 tweets 3 min read
Highlighting a few fantastic sections from Ludwig von @mises in Theory of Money and Credit: @mises Inflation sends false signals to businesses, making them think they're making profit, when really they're consuming their capital.

Monetary depreciation falsifies capital accounting.
Aug 23, 2019 15 tweets 4 min read
Some consequences of inflation and hyperinflation, as discussed in Adam Fergusson's "When Money Dies" book: Thanks Fiat Money! For driving poverty and malnourishment.

"All children of every class... were two years physically and mentally backward for their ages"
Mar 1, 2019 19 tweets 7 min read
1/ Few thoughts on @iwearahoodie's thread here:

@iwearahoodie 2/ First off, we should look at Bitcoin as a multi decade monetary phenomenon. We have to be patient overall!

The altcoins that try to rush this end up becoming the irrelevant 'kiddy pool'.
Jul 16, 2018 8 tweets 2 min read
1/ "Intolerant" and "toxic" bitcoin maximalism? Understand what's going on beneath the surface with altcoins and their affinity scamming 2/ Affinity fraud: "in which the fraudster preys upon members of identifiable groups, such as religious or ethnic communities" "The fraudsters who promote affinity scams frequently are – or successfully pretend to be – members of the group"

en.wikipedia.org/wiki/Affinity_…
Jul 16, 2018 6 tweets 1 min read
1/ Crucial ways in which HODLers are not free riders:

They are bearing much of the price or exchange rate risk. Merchants who accept BTC and insta-convert to fiat aren't bearing this risk. 2/ HODLers take on the opportunity cost of not holding any other asset

They could otherwise invest in stocks, bonds, real estate, other currencies etc.