What was SBF lobbying against? DeFi. 🤔
What would have prevented this? DeFi. 🤔
What exchanges already publish real-time proof-of-reserves? DeFi. 🤔
What will US regulators try to shut down? DeFi. 🤷♀️
Ser Jeff Garzik
@jgarzik
#StandWithUkraine
Prev: early #Linux kernel, #Bitcoin Core.
Now: Humanist, permaphilocryptoculturalist, startup CxO.
Like:
Atlanta, GA, USAJoined December 2009
Ser Jeff Garzik’s posts
Now that Afghanistan is over, can we have our Patriot Act freedoms back?
Utter corruption at the SEC.
Gensler and cronies should offer their resignations immediately.
Replying to
and make it easier to move licenses state-to-state.
All of those factors are easily and quickly reversible. The opposite of "no way"
Which hodler whale will be the first to buy a house with ?
- Deposit $500k ETH
- $250k USD loan from Alchemix, for a house in Atlanta
- ETH is locked until internal yield generation repays the loan.
- In the future, you get back 100% of your ETH.
It's not amazing, it's embarrassing.
The #bitcoin payment solution that was purported to be ready by year 2019 is, in year 2022, barely squeaking over the "payment went through on the first attempt" milestone. 🤦♀️
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Q1: If my teenager accesses a banned app via a VPN, what is the maximum prison sentence my child may receive?
Q2: What is the maximum prison sentence a parent may receive?
The rot was SBF and FTX.
The apparent theft of "we invest in you, if your company deposits at FTX" was all FTX.
Alleged stealing from employees, partners and portfolio companies was all FTX.
Beware media #misdirection attempts , redirecting away from a heavy Democrat donor.
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Honestly this headline and write up is awful from the FT.
@cz_binance’s “actions left Bankman-Fried’s FTX filing for bankruptcy” is utter BS.
SBFs actions left FTX and hundreds more filing for bankruptcy. Pointing the finger at CZ is a weird angle for the media to take.
We are witnessing a pivotal moment in the history of the development of the modern algorithmic authoritarian state.
Say the "wrong" thing, donate to the "wrong" cause, and you are added to A List.
Those on the List will be #debanked without trial, unable to buy food or shelter
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It's not just banks.
Canada's new dragnet, will encompass basically every part of the financial system (including securities dealers) in order to cut off the truckers from funding. bloomberg.com/news/articles/
Bloomberg's net worth is approximately 58 Billion dollars.
There are over 7 billion people on the planet. He could have given every person on Earth 1 billion dollars... and still have over 50 Billion left over! #NYTMath
Just got an earful from a Chicago cabbie, on $LTC
He was very grumpy at selling, saying it indicated a lack of founder's confidence in his own creation. #StreetCrypto
"Six Flags Over Georgia opens a new ride called 'Atlanta Daily Commute'"
Maximalists, yesterday: Everything on Ethereum is a scam.
Maximalists, today: Here's my ethereum token sale. Please buy. Our claim that this is the first major equity evolution since the 1600s is in no way exaggerated or false.
Honestly, this is the kind of reaction I expected in 2010, when there was a not small chance I could get arrested simply for working on #bitcoin
Now, ten years later, that train has left the station, there's no stopping it...
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Today in Congress Rep. Sherman called for a bill to ban all cryptocurrencies.
This is why Coin Center is needed in DC now more than ever.
How crypto could respond to TC:
- ZK everything (a la HTTPS Everywhere from EFF)
- IPFS-by-default dapps (browser extensions already exist)
- Have your legislators fight for privacy and basic human decency
Where did the funds to refill the bridge come from?
Two bank wires.
Sixty minutes.
Three bankers.
Three ID checks.
Ten printouts.
All to wire $60k for a real estate closing.
when #Crypto ?
Data point for the story: journalists were not interested in reporting on the fraud, because it might interfere with access to FTX executives.
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Replying to @NickGiva
... as @AlderLaneEggs can surely confirm, its an industry problem, not just a blbg one and its as old as bubbles
Crypto websites in 2010: Deposit BTC here. What is KYC?
Crypto websites in 2015: Welcome all, except for Sudan, North Korea and the State of New York.
Crypto websites in 2020: Welcome all [excluding US citizens].
Today, a moment I've been waiting over 10 years for: Purchased GBTC via a normal retail account.
In 2010, this milestone was a future yardstick for #Bitcoin success: retail trader access to Bitcoin-specific vehicles.
Well done,
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In case you are still not sure of what #BitcoinMaximalism is, here’s a tip from a man who knows - @giacomozucco at #bh2018
Welcome to my twitter feed!
- Pro-freedom, pro-future, pro-innovation and pro- data-backed nuance.
- Unless stated, [re]tweets are "data points" not endorsements.
- Keywords: autonomous nation-state AI space drone crypto economics
- Disclosures: github.com/jgarzik/disclo
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In 2010, software developer Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins. Today you could buy a yacht. Charting Bitcoin’s First Decade: bloomberg.com/graphics/2018-
GIF
ATHs:
#Bitcoin breaks $2800
Total Cryptocurrency mkt cap over $100 billion
...and the world is only just waking up to this new asset class
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Replying to @Snowden and @TheBlueMatt
...but they're not addressing the high severity problem confronting the ordinary bitcoin users who don't even notice fancysig faffery exists (beyond eventually reduced tx sizes). The thing is, I want to be wrong. But proving me wrong doesn't happen on Twitter. It happens on-chain
"The vault’s fingerprint scanners were equipped with a pulse reader to prevent amputated hands from being used" #bitcoin #cryptocurrency @xapo bloomberg.com/news/articles/
All #Bitcoin Core had to do was compromise.
Instead they fought their own kind: Businesses that on-boarded millions into Bitcoin... medium.com/@jgarzik/bitco
chatGPT is not in a rush to see a bunch of patients, because the [government | private] insurance incentivizes doctors towards high throughput.
High throughput implies reduced empathy, and probably, increased error rate.
Welcome to my twitter feed!
- Humanist. Energy is life.
- Pro-freedom, pro-future, pro-innovation and pro- data-backed nuance.
- Unless stated, [re]tweets are "data points" not endorsements.
- Keywords: autonomous energy humanism nation-state AI space drone crypto economics
Replying to
Additional data points:
- During the Yugoslav Wars, soldiers would eliminate graveyards from towns. This was intended to disconnect people from their roots, history, ancestors and culture.
- Communists neuter or eliminate cemeteries and memorials: cnn.com/2020/01/02/asi
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Why not ask the new owners of $44b?
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Elon Musk just gave $44 billion dollars to the former owners of Twitter that they can now use to end hunger, disease, poverty, war, and injustice.
Which they will do first?
Throwing gangsigns at #BinanceBlockchainWeek #SAFU #SAFUhacks
Really appreciated the organization and focus of this hackathon.
This community has had enough of Core's smears, and the general attitude that anyone who disagrees must be destroyed.
Not sure this sends the intended message ("hey, look at our reduced network usage")
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Apparently socialism and "defund the police" slogans are not winning with Hispanics who fled socialism and defunded-police situations.
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Hispanic Democratic lawmakers express frustration with their party’s base (via @nytimes)
The more "wrapped" tokens on ETH, the more ETH becomes a #blockchain for financial exchange. Wrapped BTC was actually mentioned in one of 's earliest papers, and is now a reality. #Trend #WorthWatching #cryptocurrency #cryptoexchange #ethereum #bitcoin
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While some will wonder why there is a need to bring ETC to ETH, it's still a remarkable advancement, one which may radically benefit both ecosystems.
Plans for Wrapped ETC to ETH Now Taking Shape
$POA #EthereumClassic
#ClassicIsComing @poanetwork
nulltx.com/ethereum-class
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Pet theory: Aggressive woke/DEI peaked, coincident with the end of ZIRP, thus being classified as a luxury ideology.
My view, uncompromised and unchanged for over 10 years:
CBDC = Orwellian.
CBDC + crypto ban = Orwellian hellscape from which there is no escape.
Replying to
If the United States wants to compete globally, we need to do the exact opposite.
Via , enumerates the menu of options available to Europe (and JPY/UK?):
1. Reboot energy policy
2. Agreement w/ Russia
3. Kaboom
Realistically, some mix of all three...
AI will become sentient around the same time that conference room A.V. works flawlessly every time.
Great UI/UX is the hardest problem in crypto today. The average consumer should have payment freedom, privacy, and a secure experience without having to understand hashes and blockchains. twitter.com/thee_wolf/stat
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9/ tl;dr Demand mathematically sound Proof of Satoshi or GTFO.
Does Bitcoin maximalism conflict with libertarianism?
I'm surprised at how few celebrate freedom of choice and free markets these days.
1. + #cryptocurrency Is huge news, that we have been waiting for for a decade. Almost an emotional moment for we old #Bitcoin'ers.
Very positive, and a signal of cryptocurrency market maturation.
"the Lightning Torch is becoming too large for the network now that it contains $150." coindesk.com/its-getting-ha #bitcoin #lightning #cryptocurrency
Meta: America lacks benevolent advertising.
Why is there not a "End the Jones Act" ad campaign across the US, and associated EndTheJonesAct.com website?
Why is there not an ad campaign about how cheap, abdundant energy brings world peace & solves climate change? 🤔🤷
Sync'd!
#Ethereum --syncmode=full node:
- Laptop w/ 8G ram, external 1TB USB 3.1 SSD
- Started: November 26, 2019
- Finished: January 13, 2020
- Storage used: 668G
- Docker container restarts, for hard fork geth upgrades: 2
Truly awful. Let's strongly condemn this as possible violence. Glad Jameson is safe and ok.
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Dear anonymous coward who just sent dozens of cops w/ rifles to my house w/a false hostage situation report: I am not so easily intimidated.
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The famous behavior where a user returns to Twitter from another browser page, or another mobile app, and Twitter immediately jumps to a different tweet.
aka "I still wanted to look at that tweet" bug.
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It was Sam Bankman-Fried's approach to crypto policing that caused his downfall, says @andymukherjee70 trib.al/xjJ0nsN via @opinion
Of Sia, Storj and Filecoin, Skynet-on-Sia appears to be the most thoughtful of the bunch. Trying to Ask The Right Questions before building on the apparent tech leader. 🤔😀
Replying to
The first N years of Bitcoin, people invested & built businesses on the plan of record at the time-- Bitcoin would increase block size.
Now walk through the reactions of various parties when that plan is jettisoned by newcomers.
Next they came for the source code
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Hey @nandoodles, want to tag team this and see if we can get @gitlab to stop hosting Parler’s codebase?
They have to have a TOS about applications used to plan terrorist insurrection. twitter.com/tburgess57/sta…
Replying to
Check out my humble project, then:
Visit for a clean, simple, "compound your crypto" #DeFi experience. vesper.finance
Just need a "token bridge", and we can start a WDOGE (wrapped DOGE) pool, hehe.
"We decide what BTC is, not the market"
That pretty much says it all about the Core mindset. #MoveOn
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Replying to @jgarzik
Stop FUD. He’s discussing a hypothetical black swan event. His point is valid: We decide what BTC is, not the market. Market just shows u
Toxic behavior from CEO & CTO needs to be called out. Personal attacks, smears, guilt by association are a standard M.O.
Peak token?
I just created a test ERC20 on #Ethereum mainnet, created a test Uniswap liquidity pool for said token... and some bot(?) bought a bunch of the test tokens from the just-created DEX.
Neat that website is published to IPFS, and continues to be available even if uniswap org has problems #decentralization github.com/Uniswap/uniswa
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Ethereum is cool coincenter.org/2016/03/what-i
China: +150
France: +14
United States: -3
Will manufacturers and jobs flow to countries with expensive energy or cheap, abundant energy?
#Nuclear #NuclearEnergy #BuildReactors #Abundance twitter.com/disclosetv/sta
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Previous prominent Bitcoin devs (Hearn/Gavin/Garzik) have all started competing implementations (XT/2X) to try to steal the Bitcoin brand. 
If you make at least US$32,400 a year, you are in the top 1% worldwide: investopedia.com/articles/perso
To illustrate disparity, the USA top-1% number is $390,000
Replying to
Hilarious.
Bitcoin Core: Complains about other projects not being open; yet blocks & attacks those who disagree.
Of course. Law applies to everyone, including presidents.
When capital and people are mobile, governments compete for citizens. The Invisible Hand of markets works with states (and nation-states).
Dear Elon: Please do not break something as fundamental as linking to another website.
That is one of the decentralizations fundamental to the entire Internet experience.
1/ Interesting work from Sia, a Filecoin competitor that has been in-market, in-production for years.
Sia does not get the credit it deserves. Excellent engineering. Operating quietly without major incident for years.
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A new era is upon us. We are proud to announce the launch of SkyDB - the final building block by Skynet that enables next-generation applications to compete with the siloed centralized web.
blog.sia.tech/skydb-a-mutabl
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The #bitcoin community should get behind BitcoinClassic.com the best hope for moving past current blockage.
Added my name. More soon!
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Working on it! Started 15 years ago with a 7-acre mountain land purchase.
One of the biggest challenges with rural is rapid access to quality medical care. Everything else is easily manageable.
Another day, another correlation between $BTC price increase and Tether $USDT 24-hour daily volume: coincap.io
I admit, until now, I never made the connection "accredited investor rules" equates to excluding minorities.. but it does. twitter.com/twobitidiot/st
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Yes.
The "hate all coins but mine" approach is ultimately counter-productive to innovation, and counter-productive to building a strong & free crypto community.
























