So
@BankofAmerica
just closed my personal bank account that I’ve used for 15 years. No reason given.
Real reason? I do Coinbase transactions through this account for Bitcoin.
This is a war on Bitcoin & crypto. Please RT to warn others. We won’t stay silent.
Bitcoin maxi paradoxes:
- Love decentralization yet use centralized exchanges (no DEX for BTC).
- Love free markets yet hate venture capitalists (free market actors).
- Love open-source yet hate an entire revolution of new open-source apps.
BREAKING: City of Miami will give residents bitcoin wallets and pay them in BTC using their treasury yield.
Powered by Stacks, smart contracts for Bitcoin.
@FrancisSuarez
is a visionary leader who is on a roll these days!
Facebook stole the metaverse username from their own user.
This perfectly captures the concept of property rights in Zuck’s world.
Not your keys, not your usernames.
Daily activities to avoid:
- Consuming endless (news) feeds
- Discussion w/ anyone with a big ego
- Thinking without pen & paper
- Arguing on Twitter
- Mindlessly saying yes to meetings
Major news: we’ve raised $150M for a new entity to build the largest ecosystem of Bitcoin applications.
Bitcoin can be a productive asset and final settlement layer for web3 apps.
Say hello to Trust Machines:
I’ve discovered that a CEO’s job includes seeing a therapist and exec coach, going to the gym, and building meaningful peer relationships.
The successful startups are 10+ year marathons and you need a support structure to survive that long.
Marc: “Do you know the best thing about startups?”
Ben: “What?”
Marc: “You only ever experience two emotions: euphoria and terror.
And I find that lack of sleep enhances them both.”
𝗡𝗘𝗪𝗦: SEC drops a three-year investigation into Stacks with no action.
Earlier this week, we received word from the SEC that after 3 years, they are terminating their investigation into the
@Stacks
blockchain (the protocol) and Hiro System (a company) with no action.
Stacks
Crypto market movements have zero impact on the engineering work being done on the real protocols.
Hype cycles come and go, code commits are here to stay.
Humans don’t have mental space for more than 150 people in their life.
This includes celebrities, Presidents etc. You can’t pay attention to more than 150. Choose wisely.
Funny how a bull market makes people believe in the underlying tech/ideas.
Welcome back, seasonal friends of crypto. Our industry made a lot of progress since your last visit.
Crypto is an unknown territory.
It’s better to admit that you don’t know how it’ll play out than to fool yourself that you can predict the crypto future.
When Marc was building Netscape the total internet population was ~50M.
Ideas that looked “bad” at that size ended up being successful later.
Crypto population is currently ~50M. History doesn’t repeat but it rhymes.
A lot of people are quitting Facebook.
The alternative is not another company that you can trust. The alternative is not gov regulation.
It’s a shift to decentralized computing where fundamental digital rights are protected by code and mathematics.
#LogOutFacebook
Mobile phones should be called distraction machines.
Checking your distraction machine first thing in the morning is not the ideal way to start your day.
I’ve been increasingly giving up convenience for privacy:
- Replaced Google search
- Don’t use Chrome anymore
- Have burner phones
- Turned location off for 99% apps
- Apps isolated over multiple devices
This will be a long journey. What are your best practices for privacy?
A Bitcoin core dev is now thinking of leaving the Bitcoin project because of “toxic maxis.” The cultural erosion happened slowly since 2017.
We need to revive the Bitcoin builders culture; the keyboard warriors and podcasters are far less important.
Crypto winter is here.
No need to deny or downplay it. Funding will likely dry up, we might start seeing projects shutdown.
It’s far from the end, however. The next wave can reach a bigger market, beyond this “dial-up era” of crypto.
I viewed setting life goals as a positive attribute, indicating ambition.
I’ve slowly realized this was wrong.
Life goals are a pledge to live a life of self-imposed misery.
Goals suck the joy out of the journey.
If something is hard to do consistently it’s probably valuable. Examples:
- Writing concisely
- Waking up early morning
- Not thinking during meditation
Dear developers,
There is $1 trillion in Bitcoin crypto capital that you can program in smart contracts to build a new Wall St.
Opportunities like these come once in a lifetime. Talk to us.
Cheers,
Muneeb with laser eyes.
Dear Crypto Twitter,
Calling your Senator is imp. However, we need to show them the power of Twitter. Let’s unite in spreading the message: vote YES on Wyden & NO on Portman.
#votenoportman
Please retweet and amplify.
Cheers,
Muneeb, a crypto developer.
Quick thoughts from Satoshi Round Table in Dubai:
- The Bitcoin L2 session yesterday was the largest session I’ve seen here. Packed and 5 Bitcoin L2 projects there.
- Today, multiple parallel sessions going on about Bitcoin L2s, BitVM, peg security, Bitcoin Defi etc.
- BitVM
The first Bitcoin all-time high (ATH) I experienced was $100 in 2013.
Seeing $72,000 today is surreal. Some thoughts for people new to Bitcoin:
- Bitcoin has been declared dead dozens of times. It keeps coming back to life. Maybe it’s time to put aside your first impressions of
Dear
@ImranKhanPTI
,
In these uncertain times, Pakistan needs to build Bitcoin reserves to maintain financial sovereignty.
We’ve donated $10M to Bitcoin and crypto education and R&D in Pakistan earlier. Happy to assist and bring Bitcoin-friendly policies to Pakistan.
— Muneeb
BREAKING: Miami Commission voted to claim $4.3M in MiamiCoin treasury.
Historic event for a city government to embrace crypto instead of fighting it.
MiamiCoin is a community-driven project built on Stacks + Bitcoin.
Some crypto projects want to replace Bitcoin with something “better.”
What they don’t realize is that without Bitcoin there is no crypto industry.
If Bitcoin falls, everything else follows.
ALEX, the Uniswap of Bitcoin, has raised a $10M round led by Spartan.
You wouldn’t see such rounds a year ago. New devs, capital, and users are entering Stacks and other Bitcoin L2s.
Bitcoin season 2 is here 🟧
Quick thoughts from ETH Denver as I catch my plane to fly out:
- First of all, Ethereum deserves credit for fostering dev culture and experimentation with new ideas. We joke that it’s “BTC Denver” now, but the reality is that Bitcoin has been MIA since 2017, and devs in the ETH
New Bitcoin web wallet release almost ready; will support Ordinals, NFTs, and Bitcoin L2s along with native BTC.
MetaMask for Bitcoin is (almost) here.
It’s time to put our crypto tribalism aside; the crypto wars II are starting:
US Treasury puts privacy tool Tornado Cash on the sanctions list. This list is meant for people, not tech tools.
Privacy tools are for every American.
The .btc domains are live! Decentralized domains secured by Bitcoin.
I got muneeb.btc, you can directly use the smart contract or register through a decentralized web registrar:
Gold is a rock; Bitcoin, not a rock.
NEW: we’re releasing two papers that enable trustless movement of BTC in/out of Bitcoin layers; unlocking the full potential of Bitcoin in DeFi & web apps.
A trustless two-way Bitcoin peg has been a holy grail problem for a decade.
More details👇
Dear US Policymakers,
Please repeat after me: crypto transactions are like internet packets. You cannot KYC an internet packet.
Thank you,
— Muneeb, a concerned citizen.
Smart contracts on Bitcoin.
A lot of people think they’re not possible. That’s simply not true.
NFTs, derivatives, DeFi, decentralized exchanges, etc., are all being built on Bitcoin, the king of blockchains.
Just got off a call & haven’t been this excited about a tech breakthrough in years. The last time was PoX algorithm.
TLDR: the brilliant minds in Stacks have likely solved the Bitcoin write problem i.e, fully trustless BTC peg-in & peg-out; Stacks contracts writing to BTC chain.
Crypto is eating the world’s talent.
This industry can absorb 10,000 engineers every month and is growing faster than anything I’ve seen.
Jump ship. Join the crypto revolution.
Brian and CZ went all-in on Bitcoin when it was small and built tools, through their companies, to grow it.
Bitcoin would not be where it is today without their contributions.
Andrew Yang is making crypto arguments for data ownership.
These are not just ideas.
Tech for this is already here, just not widely distributed yet.
@AndrewYang
After rounds of private comments, we’ve publicly filed for a $50M token offering with the SEC.
Upon qualification, our network and the Stacks tokens will be available to retail investors, including the US.
After Github’s ban on developers in certain countries a decentralized alternative is inevitable.
Git protocol is already decentralized. All we need is decentralized login, storage, and social graph on top.
Many hedge fund people don’t realize that some people get Bitcoin as a one-way street; they’re never going back to fiat; never selling. It’s a lifeboat.
Try factoring that in your models, ser.
As the token economy grows there is a bias to treat early adopters as the “real experts”.
Being early is a signal and not a requirement for intelligent views; we can learn from newcomers as well.
There is only one logical response to
@SenWarren
’s declaration of war on crypto: let’s fund their opponents.
We’ll raise Bitcoin & crypto capital to fund their opponents. Show them the power of decentralized communities.
Step 1: Start BTC and ETH DAOs 👊