Eugene Gant @PeoplesBread Twitter profile

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Eugene Gant

2 years

Bitcoin is: civil disobedience an act of protest a form of persuasion noncooperation a boycott education non-violent direct action.

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Eugene Gant

@PeoplesBread

26 days

@davidmarcus With all due respect, if you compare Trumps words to the scene on the ground in Charlottesville, his words are incomprehensibly tone deaf.

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Eugene Gant

@PeoplesBread

2 years

I saw a guy teaching bitcoin only today. No toxicity. No mob mimicry. No performativity. No self righteousness. No maxi identity. He just sat there. Teaching bitcoin. Like a psychopath.

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Eugene Gant

@PeoplesBread

2 years

@itsisaacsworld @dstrbtdhth That look in their eyes. We all want that.

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Eugene Gant

@PeoplesBread

3 months

Trump simping bitcoin, good. Bitcoiners simping Trump, bad.

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Eugene Gant

@PeoplesBread

1 month

This rhetoric is straight out of the authoritarian playbook. He doesn't have a clue about resistance money. "Only I can protect you. Kiss the ring!" Many of you are willing to kiss more than that.

Acyn

@Acyn

1 month

Trump: if they win this election, every one of you will be gone. They will be vicious, they will be ruthless. They will do things that you wouldn't believe. But right now, because of me, they're leaving you alone. So please say thank you.

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Eugene Gant

@PeoplesBread

10 months

Anything even remotely close to this won't be freedom, or a fix, or change, or revolution, or a fourth turning -- it will be an absolute cataclysm of human misery.

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Eugene Gant

@PeoplesBread

2 years

@Noahpinion Your narrative doesn't match my experience. When I began to research Bitcoin (early '20), I found nobody credible saying it was a way to get rich quickly. Rather, many Bitcoiners cautioned BTC is only suitable as a long-term investment (10yrs+) and that 80% drawdowns are normal.

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Eugene Gant

@PeoplesBread

2 years

Bitcoiners are the most extraordinary cRiTiCaL ThInKeRs.

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Eugene Gant

@PeoplesBread

2 years

If all bitcoin goes to cold storage, what is it's value? What is its use? Many say they don't care about the fiat value of btc, but if the value of btc goes to $0, what's the point. 1 btc=1 btc implies btc has self-reflexive and independent value. It doesn't. 1/2

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Eugene Gant

@PeoplesBread

2 years

This is not ideological: greater bitcoin adoption-->more diversity of users greater diversity of users-->more bitcoin adoption

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Eugene Gant

@PeoplesBread

2 months

Mirror, mirror, on the wall, who's the most unhinged of them all?

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Eugene Gant

@PeoplesBread

2 months

If Trump actually cares about bitcoin, why wasn't it mentioned on stage at the convention?

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Eugene Gant

@PeoplesBread

3 years

Stablecoins are the digital asset creating the biggest changes in our financial system today. Phenomenal piece by @CaitlinLong_ describing how stablecoins may impact monetary policy and USD$ hegemony.

Ten Stablecoin Predictions and Their Monetary Policy Implications

End‐to‐end digital ways of transacting have suddenly replaced long‐entrenched analog ways of doing things.

www.cato.org

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Eugene Gant

@PeoplesBread

1 month

Do you see what direction this goes? This was absolutely predictable. It will get worse. Trump is the original shitcoin.

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Eugene Gant

@PeoplesBread

4 years

The scorn many bitcoiners have heaped on @michael_saylor & @RaoulGMI for their insights into the inevitable tradeoffs of mass adoption belie an immaturity. An echo chamber may strengthen HODLers in some ways, but can critically stall intellectual growth.

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Eugene Gant

@PeoplesBread

3 years

#Bitcoin removes the monetary roots of inequality. That doesn’t fix everything. Systematic social and economic exclusion has taken many forms, so it naturally requires a variety of solutions. Bitcoin lends itself as one possible tool to those solutions. 1/4

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Eugene Gant

@PeoplesBread

4 years

This discussion of the difference between using fiat vs #Bitcoin for the unit of account or numeraire is a mind blowing illustration of the seismic shift that's upon us. @PrestonPysh and @stephanlivera do a great job making this super accessible.

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Eugene Gant

@PeoplesBread

2 years

Maybe I'm old fashioned, but delighting in others losing money seems petty af.

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Eugene Gant

@PeoplesBread

2 years

Bitcoin lives and dies in relationship to the rest of the world, it is interdependent with fiat and the traditional financial system. To fix the world, it must also be of the world. 2/2

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Eugene Gant

@PeoplesBread

7 months

@TheWhyOfFI Wow, truly stunning to see di Marino this incurious. Both Danielle and Jim have too much certainty in their dismissiveness - it belies an opinion born of indoctrination, not critical inquiry.

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Eugene Gant

@PeoplesBread

3 years

@CGasparino @Bitcoin BREAKING: BANK CEO'S DON'T LIKE BITCOIN

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Eugene Gant

@PeoplesBread

3 years

@matthewstoller After extensive research, I concluded Bitcoin is an essential component in my strategy to preserve the purchasing power of my earnings. I'm self employed & work very hard. It is abundantly clear the monopoly monetary regime that controls our money will not preserve its value.

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Eugene Gant

@PeoplesBread

3 years

This is nuts. Tchaikovsky was a gay man who lived his life in fear of persecution by the state. He took his own life by drinking cholera infested water. We have lost our way so badly. We need his luscious melodies more than ever.

BBC Music Magazine

@MusicMagazine

3 years

NEWS: Cardiff Philharmonic replaces the programme of its upcoming all-Tchaikovsky concert, citing it as 'inappropriate at this time’.

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Eugene Gant

@PeoplesBread

1 month

the antithesis of bitcoin monetary policy

JM Rieger

@RiegerReport

1 month

Trump on the Federal Reserve: "I feel the president should have at least say [on rates] in there ... I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman"

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Eugene Gant

@PeoplesBread

8 months

@thetrocro The Economist cockroach piece and the op-ed in FT today, both go to great pains to say, "All the terrible things the financial establishment have been saying about bitcoin for 15 years are true, but it's also okay for you to consider it investment-worthy."

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Eugene Gant

@PeoplesBread

1 month

There is no guarantee bitcoin will function as a life boat for you or the US gov. This truth seldom gets spoken in this space. It might. I hope it will. But there's no guarantee.

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Eugene Gant

@PeoplesBread

4 months

Bitcoiners have a strong allergy to scammers, but see Trump as an ally. 🙃

Eugene Gant

@PeoplesBread

7 months

The courts will continue to be a critical safeguard for bitcoin against gov overreach. Donald Trump is openly hostile to the judiciary. Don't lose sight of the long plot arc. Single issue voting based on platitudes is for suckers.

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Eugene Gant

@PeoplesBread

8 months

Bitcoiners dismissing all engagement with politics as just perpetuating the system, now simping for Trump - who is anti-bitcoin and whose campaign sold NFTs - is quite the thing to behold.

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Eugene Gant

@PeoplesBread

3 years

If you think this is partisan, you've lost the thread. If you make this partisan, you're only enabling autocracy.

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Eugene Gant

@PeoplesBread

1 month

Do you see where this is going?

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Eugene Gant

@PeoplesBread

5 years

I don't read @EpsilonTheory to nod in agreement, I read because I almost always think about his pieces for days. It helps me clarify what's true for me.

Ben Hunt

@EpsilonTheory

5 years

Two weeks ago I wrote about the corrupt political response of China to coronavirus. Last week I wrote about the corrupt political response of the World Health Organization. This week I’m writing about the corrupt political response of the United States.

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Eugene Gant

@PeoplesBread

8 months

Unpopular opinion: This cycle will reveal illiquid supply isn't as illiquid as the 'never sell' memer's would like to think.

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Eugene Gant

@PeoplesBread

9 months

@Andrew_J_Howard . @knutsvanholm 's piece on this is pretty fantastic

You Are Not Prepared — Citadel21

If the fear of missing out on Bitcoin starts to scare institutional investors and nation states, we will see a prisoner’s dilemma type of game play out before our eyes. An event so bizarre that it’s...

www.citadel21.com

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Eugene Gant

@PeoplesBread

2 months

The prevalence of victim narratives among bitcoiners has always puzzled me. Any theories as to why it's so common?

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Eugene Gant

@PeoplesBread

2 months

Trumpian graft becoming associated with Bitcoin in the general public's mind is a big tail risk.

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Eugene Gant

@PeoplesBread

9 months

1st FT, now the Economist. "With each boom-and-bust cycle, it becomes clearer crypto is not a bubble....Although bitcoin is a volatile asset, its price history looks more like a mountain range than a single peak." drip, drip, drip

Why bitcoin is up by almost 150% this year

Introducing the cockroach theory of crypto

www.economist.com

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Eugene Gant

@PeoplesBread

4 years

@zerohedge bitcoin plummets to levels not seen since this morning

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Eugene Gant

@PeoplesBread

4 years

@coryklippsten Let me get this straight: I get to choose between an incentive structure that is 100% transparent and incorruptible or one that is determined by the academic whims of an elite financial priesthood of central bankers?

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Eugene Gant

@PeoplesBread

6 months

We're not getting a god candle, we're getting the holy inclined plane. I know, it sounds lame, but you take what you get.

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Eugene Gant

@PeoplesBread

3 months

why Resistance Money is a big deal

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Eugene Gant

@PeoplesBread

1 year

I allow myself a brief moment of believing @LynAldenContact actually followed me before I block the bot. It's a nice moment.

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Eugene Gant

@PeoplesBread

20 days

I've never heard anyone offer a plausible explanation for how a tax on unrealized gains could be implemented. Gains taxed when? It's the living dead of stupid ideas - it keeps coming back. It's deserving of criticism, but not worth alarmism.

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Eugene Gant

@PeoplesBread

8 months

The truly amazing moment in this interview is when the interviewer corrects Ms. Johnson, clarifying that self custodying bitcoin is the real insurance, not holding an etf. Media figures are getting up to speed and beginning to do real bitcoin educational work. This is a bfd.

Bitcoin News

@BitcoinNewsCom

8 months

“One of the things that made me a believer is that someone told me ‘I keep 50% of my savings in #Bitcoin because if I say the wrong thing in my country, I could have my assets confiscated’," says Franklin Templeton President and CEO Jenny Johnson

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Eugene Gant

@PeoplesBread

4 years

“[The Fed] is losing the narrative that we fixed the economy. They didn’t fix the economy, they fixed asset prices. Now, the devaluation of the dollar is fixing a higher cost of living on the people who can afford it the least.” @KeithMcCullough

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Eugene Gant

@PeoplesBread

2 years

I've overcome addiction, run marathons, spent wks in silence practicing intensive meditation. Single parenting while running a small business is absolutely the hardest thing I've ever done, by far. It's profoundly humbling to constantly fall short. Without love, I couldn't.

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Eugene Gant

@PeoplesBread

10 months

This is extraordinary: El Erian observing that yields have actually moved up since the middle east conflict escalated and he sees some treating bitcoin as a safe haven. It's one thing for bitcoiners to say this. El Erian is about as establishment as it gets. This is a bfd.

👑Crypto Caesar👑™️

@crypto_caesar1

10 months

The long US treasury has always been seen as a flight to safety or quality. This isn’t so much the case now. #Bitcoin is slowly becoming the flight to safety.

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Eugene Gant

@PeoplesBread

2 years

@noufsmith @Dennis_Porter_ Methane CH4 interacts with ozone O3 and breaks down to CO2 and H2O (if I'm remembering correctly). Methane doesn't stick around as long as CO2, but is much larger, so has 25x the greenhouse effect while it's around. Someone please correct me if I'm misremembering.

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Eugene Gant

@PeoplesBread

3 months

situational simping 🤔

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Eugene Gant

@PeoplesBread

3 years

@coloradotravis @ODELL I agree, triggered is the wrong word. It's profound arrogance at play when you believe your assesment of value and utility is better suited to evaluate the allocation of scarce inputs rather than the wisdom of an open market.

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Eugene Gant

@PeoplesBread

6 months

@1914ad Huh? Nothing happened to FTX. FTX reaped what it sowed. A public company has a very different level of transparency and accountability. I'm not saying Coinbase can't have problems, but the comparison is way off.

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Eugene Gant

@PeoplesBread

3 years

@tmsbtc not to be a downer, but i'd say, close to zero

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Eugene Gant

@PeoplesBread

19 days

Imagine if you spent your life self-dealing and scamming people and then discovered crypto. They're like soulmates. Trump promotes family’s new crypto platform, ‘The Defiant Ones’

Trump promotes family's new crypto platform, 'The Defiant Ones'

Trump promoted a soon-to-launch, Trump Organization crypto platform to his 7.5 million followers on Truth Social.

www.cnbc.com

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Eugene Gant

@PeoplesBread

3 years

My dad is dying. I'm sorting through the complexities of love and abuse. Logging in here briefly to read reductions like: Fiat causes war! I so wish healing the legacy of ill-will and violence could be so simple.

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Eugene Gant

@PeoplesBread

8 months

I dumped all my dopamine on that. Tomorrow is gonna be a real let down.

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Eugene Gant

@PeoplesBread

9 months

What would happen to bitcoin if energy became free and abundant over a very short time period?

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Eugene Gant

@PeoplesBread

6 months

Jerome Powell says he'd still like to see 100k by the halving.

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Eugene Gant

@PeoplesBread

2 years

Bitcoiners hold themselves to exceptional standards in many ways, but every time I bring up misogyny, I get push back like this. Yes, misogyny is everywhere. But shouldn't we expect better of bitcoiners? And, if you care to listen, there are women saying it's uniquely bad here.

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Eugene Gant

@PeoplesBread

2 months

Bitcoiners are mostly one-issue voters who will turn out for Trump. Yeah, not so much. 🔥👇

Troy Cross

@thetrocro

2 months

8/n Even stranger was that people who self-identified as "very liberal" or on a 10-point scale, located themselves at the far left, were the most likely to own bitcoin, relative to other political identities. Look at this. Look...

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Eugene Gant

@PeoplesBread

4 years

This @johnkvallis interview with @FossGregfoss is absolute macro 🔥. Greg Foss' perspective on debt markets deserves a wide audience with bitcoiners.

Greg Foss on Canada's Bitcoin ETF, Valuing Bitcoin, and Where to Look for the Looming Global Debt...

Gregg Foss has 32 years experience in high-yield credit markets and has been heavily involved in the Canadian bitcoin scene since 2016. In this show we discus

podcasts.apple.com

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Eugene Gant

@PeoplesBread

1 month

Do you remember the maxis lining up with their performative outrage when Nat Brunell had the nerve to charge for her course content?

The Block

@TheBlock__

1 month

Donald Trump selling Bitcoin Sneakers after keynote speech at Bitcoin 2024

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Eugene Gant

@PeoplesBread

2 years

The greatest threat to bitcoin: seed oils. How a cabal of salad dressing gargling globalist bankers engineered the break with the gold standard and the moral decline of the west. A 🧵 1/n

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Eugene Gant

@PeoplesBread

3 years

@btcdisciple There's definitely a point when it becomes counter productive. You can plant the seeds, but then you have to walk away, let grace take over.

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Eugene Gant

@PeoplesBread

2 months

An incredible, well-designed look at who owns bitcoin. In terms of political identity, the findings are surprising. The skew toward libertarian or conservative accts on Twitter is not representative of who owns bitcoin. Those put out by progressive/left bitcoiners can cry harder

Troy Cross

@thetrocro

2 months

6/n What we found was definitely our most shocking result. Like most everyone on this app, our critics in the media, academics who write about bitcoin, and almost all politicians, we thought bitcoin ownership would skew towards the political right, and towards libertarianism.

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Eugene Gant

@PeoplesBread

3 years

@AriZonanHODL What's happened is bitcoin has become geopolitically significant.

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Eugene Gant

@PeoplesBread

9 months

@udiWertheimer Udi, if you are genuinely concerned, this is not the way to handle this. It's incredibly reckless and reflects really poorly on you.

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Eugene Gant

@PeoplesBread

3 years

@MartyBent There's a huge opportunity to educate progressives and more traditional conservatives about the role of inflationary monetary policy in environmental degradation and income inequality. Both these groups seem to care about these 2 issues. Could be a powerful combination.

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Eugene Gant

@PeoplesBread

1 month

Bitcoin is not a platform from which to shill partisan positions. If you're going to call yourself the 'Bitcoin Voter Project' then focus on voter education, registration, and mobilization, not on simping. Of course, partisans should absolutely leverage bitcoin as a tool.

Bitcoin Voter Project

@BitcoinVoter

1 month

President Trump stands with Bitcoin, and we need to stand with President Trump. Join the fight for cryptocurrency freedom.

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Eugene Gant

@PeoplesBread

1 year

@samcallah

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Eugene Gant

@PeoplesBread

2 years

@pourteaux There's a tremendous irony: bitcoiner's constantly wax poetic about sovereign individualism, but the culture you describe is driven by groupthink, mob enforcement, and star-bellied-Sneetchism. I agree, masculine insecurity is central to so much of this.

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Eugene Gant

@PeoplesBread

8 months

Ms. LaDuc's inability to comprehend the heterogeneity of bitcoiners & their motivations, & her insistence that only the state imprimatur grants moneyness, is the epitome of a mind steeped in centralization. As a result, her mind cannot grok bitcoin; she literally can't think it.

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Eugene Gant

@PeoplesBread

23 days

The Tahini's story is more interesting than MSTR

Tahini’s

@TheRealTahinis

23 days

It’s been 4 years since we made the move to a Bitcoin Standard. It has been one of the best if not the best business decision we’ve ever made. We haven’t sold a single Satoshi since, in fact we’ve been adding to our reserves every quarter at different rates. Make sure to measure

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Eugene Gant

@PeoplesBread

1 month

The danger: "Normie pre-coiners...will...hold up the 'scam' Bitcoin next to the 'scam' Trump and walk away from the whole thing." Trump has a long history as a scammer. His brand wrapped around Bitcoin is not worth the political advancement he 'promises'.

Trump and the Future of Bitcoin

Reflections on the recent support growing for Donald Trump in the Bitcoin space, and whether this is actually a rational long term decision.

bitcoinmagazine.com

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Eugene Gant

@PeoplesBread

3 years

@Do82Nic When does the ACLU include access to open and uncensorable money as one of the civil liberties they defend?

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Eugene Gant

@PeoplesBread

5 months

PSA: Proposals to tax unrealized gains are pure political theater. Your alarm reads as naivety.

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Eugene Gant

@PeoplesBread

2 years

@matthew_pines HSBC won't tolerate this kind of competition.

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Eugene Gant

@PeoplesBread

5 months

@SatStackingPleb This is not a small choice. Asking others isn't bad, but examine all the consequences for yourself, so you can take full responsibility for the choice and have complete conviction in your decision.

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Eugene Gant

@PeoplesBread

5 years

When the Fed tries not to look desperate (e.g. "mid-cycle") but everyone knows it's really whatever it takes for as long as it takes.

Danielle DiMartino Booth

@DiMartinoBooth

5 years

The corporate credit fear gauge: As per ⁦ @markets ⁩ “On Friday, it dipped to 43.712 basis points, the lowest on record.” Welcome to the end of a risk-free year. As far as Corporate America’s balance sheet goes, the bigger the better. ht ⁦ @pboockvar ⁩

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Eugene Gant

@PeoplesBread

2 years

Gonna come clean: I have unhosted thoughts.

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Eugene Gant

@PeoplesBread

1 year

It turns out A Progressive's Case for Bitcoin is really well written. Math guy can do words! The approachable style makes this a great intro for many, not just progressives. It's really a book for all who recognize the utility of bitcoin is beyond partisanship.

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Eugene Gant

@PeoplesBread

2 years

If you're not gargling beef each morning, are you even a bitcoiner?

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Eugene Gant

@PeoplesBread

16 days

If you're indexing your T levels as evidence of your masculinity rather than the way you conduct your relationships as a man, you're not gonna make it.

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Eugene Gant

@PeoplesBread

4 years

. @johnkvallis gets @PrestonPysh 's very candid ideas about #Bitcoin in this interview: "I’m seeing a risk in holding a whole lot of other things, and a lot less of a risk in being in bitcoin.” A remarkable conversation.

Bitcoin Rapid-Fire

Listen to John Vallis's Bitcoin Rapid-Fire podcast on Apple Podcasts.

podcasts.apple.com

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Eugene Gant

@PeoplesBread

1 month

young women voters just need to be mansplained harder

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Eugene Gant

@PeoplesBread

3 months

I can criticize Trump and also readily acknowledge this.

Pierre Rochard

@BitcoinPierre

3 months

Let’s be clear: the Biden Administration could have developed constructive #bitcoin mining policies, instead they tried to tax it out of existence. Biden radically politicized what should have been a non-partisan issue.

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Eugene Gant

@PeoplesBread

3 years

Without doubt, black folks know what they need; white moralizing is not on the list. But hey, self sovereignty!

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Eugene Gant

@PeoplesBread

28 days

. @KamalaHarris should make bitcoin v. crypto a wedge issue to peel away support for Trump

Eugene Gant

@PeoplesBread

28 days

Strategy tip for @KamalaHarris : Develop a bitcoin-centric digital assets policy based on: > Policy to advance Bitcoin as freedom-promoting tech > Regulation of crypto Harris could draw a distinction b/w bitcoin and crypto, and link her campaign to bitcoin and Trump's to crypto.

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Eugene Gant

@PeoplesBread

2 years

Color me woke if you like, but I'd say the prevalence of climate change denialism in this space and turning a blind eye (or excusing) the very public harassment of a woman the last few days, are not unrelated. The goddess was deposed for a reason.

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Eugene Gant

@PeoplesBread

5 years

This is a great listen. Excellent questions from @PrestonPysh and @stig_brodersen . Hearing @LukeGromen succinctly describe the move from US debt financed by global CBs to leveraged hedge funds is riveting, to say the least.

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Eugene Gant

@PeoplesBread

2 months

Some bizarre comments on here about what Harris should do to prove herself: free Ross immediately, and this 👇 from the otherwise insightful Caitlin Long. Folks, outside the senate, the VP has zero power to do anything.

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Eugene Gant

@PeoplesBread

1 year

Jesse nails this: American values -- personal freedoms, clear property rights, self determination, & the ability to build a better future -- are a powerful & persuasive force. Bitcoin perfectly expresses these values. Thought leaders in traditional finance are waking up to this.

Onramp

@OnrampBitcoin

1 year

New episode of The Last Trade, out now! Join hosts @MartyBent @Croesus_BTC @MTanguma as they dissect Larry Fink’s latest comments on Bitcoin, the future of the network and much more. Get the full episode here 👉

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Eugene Gant

@PeoplesBread

1 year

Miner equities and gbtc continue to significantly outperform btc. This is not bear market stuff. Bets are being placed.

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Eugene Gant

@PeoplesBread

4 years

@SantiagoAuFund Rather than saying, "I overstated the USDT FUD" and, "Maybe retweeting Amy Castro was ill-considered," it's a shift to, "People on Twitter don't read texts before commenting on them." Got it.

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Eugene Gant

@PeoplesBread

1 year

I see a powerful introductory quartet taking shape: Broken Money Check Your Financial Privilege The Progressive Case for Bitcoin Resistance Money

Lyn Alden

@LynAldenContact

1 year

My new book, Broken Money, is now available on Amazon. Paperback and hardcover versions are currently available, with ebook and audiobook versions on the way. It'll also be available through other distribution partners soon as well:

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Eugene Gant

@PeoplesBread

2 years

@TomerStrolight Thank you! "Work is the only thing the network values, respects and obeys. Work alone. Not authority. Not title. Not rank. Not wealth."

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Eugene Gant

@PeoplesBread

2 years

Dear libertarians & crypto anarchists, have you considered that separating the state from base-layer money might make the state more efficient and actually extend the life of the state? h/t @Mark_MNLocal & @CitizenBitcoin

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Eugene Gant

@PeoplesBread

9 months

I use bitcoin and I am not a criminal.

Brady Swenson

@CitizenBitcoin

9 months

I use bitcoin and I am not a criminal.

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29

Eugene Gant

@PeoplesBread

2 years

Just spitballing here, but maybe, just maybe covid and FTX aren't vast conspiracies, but rather show how adept the powerful are at taking advantage of crises.

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Eugene Gant

@PeoplesBread

9 months

@Blue_CollarBTC @SenWarren Tradesman and single father, pouring myself into bitcoin.

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Eugene Gant

@PeoplesBread