Daniel @dka218 Twitter profile

Pinned Tweet

Daniel

1 year

What if every instinct you have is *right*? You sit in a fluorescent lit cubicle dreaming you were lying on a sunny beach. You do not lie on a sunny beach wishing you were sitting in a fluorescent cubicle. 🧵👇

2

3

32

Last Seen Profiles

@nox2perrr

@Safia_Alsnaani

@FrodoKos

@bokeplokalmalam

@girolneto

@cliffavril

@moricalliope

@hanjieqt

@bleep

@bokeplokalmalam

@takanekomanager

@LylaSais91221

@saraymnn

@oredao22

@saraymnn

@uzonsasa

@TicTocTick

@haught_bryce

@Lorishively1006

@kurusaurrr

@pevchikh

@stw_pdg

@ajouteau

@EmreKucukgokce

@herr_jaylee

@TrayHines21

@KamuiHY

@THChic88

@srpetersgoat

@OfficialJAE22

@apictom

@mersnciftucrtli

@tapera_david

@qf_ndt79

@MarkHodges46051

@SesshishFu7y

Daniel

@dka218

4 years

Sometimes I get the feeling that bitcoiners and ethereans are just very different kinds of people

152

200

2K

Daniel

@dka218

4 months

Like this tweet if you like how Lyn Alden always makes it about the analysis and never about herself. 100% alpha, 0% ego. We need more bitcoiners like this.

20

117

2K

Daniel

@dka218

4 years

I challenge @PeterSchiff to a 5k race. He will carry $5 million in gold (about his bodyweight) and I will carry $5 million in bitcoin (in a Trezor, the plastic one, not the metal one) . Winner acknowledges superior portability and discretion of his chosen store of value.

36

51

765

Daniel

@dka218

4 years

Ethereans are excited to tell me exactly how much BTC is in Ethereum. Why were they annoyed when asked how much Eth is in Ethereum?

48

83

695

Daniel

@dka218

4 years

@danheld And bitcoin difficulty adjusts every 2016 blocks... 6102 in reverse.

24

32

437

Daniel

@dka218

4 years

@rohangrey @RashidaTlaib @ChuyForCongress @RepLynch Problem: banks mistreat people Solution: innovators build alternatives Politicians: force the alternatives to become banks

1

13

239

Daniel

@dka218

6 months

Now that we have AI, can Twitter create a mute button for faces?

39

8

243

Daniel

@dka218

3 years

@TheEconomist Bitcoin isn't controlled by a politician - that is one of its key features - leading to its predictable monetary policy. The people of El Salvador now have the option of using bitcoin as savings/currency without the tax difficulties and banking hurdles found in other countries.

4

42

224

Daniel

@dka218

6 months

@InternetHippo There are plenty of examples where all assets were confiscated from wealthy families and they had to flee the country and they were rich again in the new country in a matter of years. Education, expertise, motivation, ambition, intelligence, and grit can't be confiscated.

56

0

216

Daniel

@dka218

6 months

@APompliano "If you are a blockchain who needs help" ????

7

1

117

Daniel

@dka218

4 years

I just published Ballet Wallet — a critical look

Ballet Wallet — a critical look

Every idea needs a Medium

link.medium.com

12

24

114

Daniel

@dka218

3 years

@BitcoinMagazine No intention *and* no ability.

5

1

108

Daniel

@dka218

3 years

@AttractaMooney What compelled the Financial Times to run the same article as the Economist, WSJ, Washington Post, and NYT? It isn't news. It isn't even true.

11

2

108

Daniel

@dka218

4 years

@PeterSchiff Gold since 2011: down 1% Bitcoin since 2011: up 1 million % They are both competing for your limited capital. You're right, it is unfair to compare them.

1

12

95

Daniel

@dka218

2 years

@techreview Embarrassing to see MIT publishing Amy Castor who is citing... sigh... Alex De Vries as a source. Bitcoin's Proof of Work is the innovation that allows decentralization. Centralized PoS coins and nocoiners making money from lying have nothing honest to contribute here.

1

4

108

Daniel

@dka218

3 years

@BashCo_ Your money in the bank isn't yours, it isn't in the bank, and it isn't money.

8

20

92

Daniel

@dka218

4 years

@KetanJ0 Nocoiners have three problems: A bizarre trust in centralized authorities A lack of understanding of bitcoin A lack of bitcoin

0

3

92

Daniel

@dka218

2 years

no altcoin-specific hardware wallet no altcoin equivalent of stratum v2 no altcoin satellites no altcoin-specific countries no altcoin focused on decentralization, bug fixes, and resource optimization bitcoin is different

5

13

85

Daniel

@dka218

3 years

@zerohedge No, no one can verify a "fake transaction" in bitcoin. Fake transactions will be rejected by nodes. A 51% does not allow fake transactions, confiscations, or inflation. A mining pool is not the same as a mine (if a pool misbehaves, hashpower quickly diverts to other pools)

3

2

86

Daniel

@dka218

3 years

Conversation with someone not in the bitcoin space: "Gas is getting more expensive, food is getting more expensive, rent is getting more expensive" Me: "Maybe there is a literal common denominator?" Him: "I hope the Fed will do something to help" Me: "Help?"

9

7

82

Daniel

@dka218

2 years

Supposedly only some of Florence was built in stone and some in wood. Every time there was a big fire, the wooden buildings were destroyed and replaced with a mix of stone and wood until the city was all stone. Every crash bitcoin leaves the weak hands and goes to strong + weak.

Saifedean Ammous

@saifedean

2 years

It was hard money that financed the building of Florence, while easy money financed the strip malls blanketing the planet today.

37

128

924

4

13

88

Daniel

@dka218

2 years

Met @dergigi at #TABConf2022 Or possible just a random guy in a green suit

9

2

88

Daniel

@dka218

5 years

Taught some people today about how bitcoin works. I don't think there is anything else I could be doing today that is more important.

2

6

58

Daniel

@dka218

4 years

@dhh @jeffsmeenge Fun fact: people who bought bitcoin at $260 are doing great. No need to feel sorry for them.

0

56

Daniel

@dka218

4 years

@ObsoleteDogma It's only useful for tech bros, and for Venezuelans, Argentinians and Nigerians and for hedge funds, and for corporate treasuries, and for governments, and for central banks, and sovereign wealth funds, and pension funds, and refugees and preppers and political dissidents and...

0

3

62

Daniel

@dka218

5 years

@binance @TraceMayer @BinanceAcademy It's great to see an exchange actively supporting proof of keys. Proof of keys is an opportunity for solvent exchanges to distinguish themselves from insolvent exchanges.

3

11

58

Daniel

@dka218

2 years

Was handed a bolt card by @CoinCornerDanny at Bitcoin 2022 Excited to have the Genesis paper version.

4

5

55

Daniel

@dka218

4 years

@genesimmons "it’s always up to U to do research" Indeed. Let me help. The unit of bitcoin is the satoshi. A satoshi is currently less than a penny. Buying satoshis under a penny is a good idea. It's affectionately called "stacking sats"

0

1

59

Daniel

@dka218

3 years

@tolstoybb Hodlers can't get liquidated. Gamblers can and do get liquidated. That's a key difference.

0

1

55

Daniel

@dka218

4 years

Info session and class this week

4

205

42

Daniel

@dka218

3 years

Feeling good to be inside #bitcoin2021 and seeing @FrancisSuarez and @RonPaul talk. Extremely long line outside to get in.

1

7

52

Daniel

@dka218

3 years

@NeilJacobs Fun fact: back in 2010 there was a faucet giving away 5BTC at a time and 5BTC was worth less than 40 cents. #stacksats

3

55

Daniel

@dka218

3 years

@BigSeanHarris If they manipulate it down you can buy more bitcoin with your dollars. If they manipulate it up you can buy more land with your bitcoin. If you get liquidated then you should not have been trading with 100x leverage. You should be accumulating sats that cannot be taken away.

2

4

52

Daniel

@dka218

2 years

@jemimajoanna "pyramid-shaped structure" Bitcoin doesn't have a hierarchy, required payments, or require new people. What pyramid are you talking about? Can you share what research you did for this article, if any?

1

0

56

Daniel

@dka218

4 years

@willmenaker The nocoiners are getting increasingly unhinged. This person is threatening violence against people he doesn't know based on technology he doesn't understand.

2

0

42

Daniel

@dka218

2 years

@BullandBaird You can't write 12 words down on a piece of paper? People used to hold physical stock and bond certificates. Using a secure password and 2FA with a custodian isn't easier. I've helped octogenarians set up self custody. Only motivation is needed.

1

0

52

Daniel

@dka218

6 months

Nayib Bukele

@nayibbukele

6 months

We're offering 5,000 free passports (equivalent to $5 billion in our passport program) to highly skilled scientists, engineers, doctors, artists, and philosophers from abroad. This represents less than 0.1% of our population, so granting them full citizen status, including

8K

17K

101K

4

53

Daniel

@dka218

2 years

As someone who used leftover student loan funds to buy bitcoin, I support canceling my debt and printing more money, which increases the value of my bitcoin. Speculative attack on the world's reserve currency isn't easy and any help is appreciated. #CancelStudentDebt

8

2

46

Daniel

@dka218

3 years

@Melt_Dem It turns out that his strategy of blocking people who exposed the flaws in the model did not make the model more correct. Bitcoin's rise is not preordained - it is the result of hard work by devs, entrepreneurs, investors, educators, and others.

4

0

50

Daniel

@dka218

3 years

What's better than reading the Bitcoin Standard on a beautiful day in Miami? Reading my girlfriend's copy of the Bitcoin Standard (signed by @saifedean ) on a beautiful day in Miami.

4

1

46

Daniel

@dka218

4 years

2017: Publicly traded companies change their names to include "blockchain" 2020: Publicly traded companies change their balance sheets to bitcoin Substance > hype

0

5

45

Daniel

@dka218

3 years

@APompliano

1

2

48

Daniel

@dka218

3 years

@TheEconomist Is the Economist going to write about Nigerian entrepreneurs using bitcoin? Does the Economist have a bias against bitcoin and thus pick non-representative users to demonize it? Bitcoin is for everyone.

1

0

49

Daniel

@dka218

5 years

Friend: Watch anything good lately? Me: The battle for 10k Friend: Is that on Netflix? Me: No, tradingview.

3

6

39

Daniel

@dka218

2 years

@jemimajoanna "miners group together to form “mining pools”" A mining pool is when different miners collaborate to share the proportional rewards of mining to reduce variance. Miners can and do quickly change pools. See effect of Poolin pausing withdrawals: most hash rate gone in days.

0

3

47

Daniel

@dka218

6 months

@dotkrueger People can use big-block forks if they want to. But BCH has tiny blocks (on avg 10% the size of BTC blocks). So no one actually uses it. But they do write books whining about losing.

4

1

44

Daniel

@dka218

2 years

Moderated a panel at #TABConf2022 with Murch, Gloria Zhao, Pieter Wuille, and Andrew Chow Discussed Full RBF, Package Relay, Bitcoin Core 24 RC2, alternatives to Github, PSBT adoption and BIP324

3

7

45

Daniel

@dka218

3 years

@jasonfurman What is it with billionaires and bitcoin? What is it with poor people and bitcoin? What is it with digital nomads and bitcoin? What is it with rocket scientists and bitcoin? What is it with young people and bitcoin? Bitcoin is for everyone.

1

3

42

Daniel

@dka218

1 year

@goldseek You said you got into bitcoin in 2011. Since then bitcoin is up 1000x and gold is exactly the same price. And your prediction is bitcoin is going away? Care to share any other predictions so I can do the opposite?

1

42

Daniel

@dka218

1 year

@goldseek @StevenLondonCPA Bitcoin onchain is significantly faster than international wires, international gold payments, and has shorter time to finality than credit cards or other electronic payments. And that's before you send instant lightning bitcoin payments... Is it bitcoin that is slow?

0

42

Daniel

@dka218

3 years

@MartyBent Dave has disabled replies to avoid people pointing out that his theory makes no sense. Like blaming the lifeboats for the sinking of the Titanic.

5

2

39

Daniel

@dka218

2 years

@dergigi Eth uses a different hashing algorithm than bitcoin (Ethash vs SHA256), so the respective hash rates cannot be directly compared.

1

0

38

Daniel

@dka218

4 years

@SomsenRuben @AaronvanW People think that if a million monkeys were given typewriters they would produce Shakespeare, but in fact, they would produce BSV.

0

1

36

Daniel

@dka218

3 years

@NeilJacobs After bitcoin, everything else in life got the volume turned down.

2

1

37

Daniel

@dka218

4 years

@matt_odell @aantonop Many people are not aware that the Joe Rogan Experience podcast has over 190 million downloads per month, giving it more reach than many mainstream publications or channels. And "stacking sats" is now said at the beginning of each podcast.

3

1

37

Daniel

@dka218

2 years

@PrplSknk People need to stop asking how many years ago did you first hear about bitcoin and instead ask "how many years were you waiting for bitcoin before you heard about it?"

6

2

37

Daniel

@dka218

5 years

If bitcoin absorbs 90% of the value of all other cryptocurrencies, bitcoin increases by 50%. If bitcoin absorbs 10% of the value of gold, it increases by 500% The price of altcoins does not matter for bitcoin in the long run.

3

1

38

Daniel

@dka218

7 months

@RussellOkung

0

8

36

Daniel

@dka218

4 years

@Cerberu21014829 @BrainHarrington Satoshi set the code to mine the genesis block and then wait until others joined the network before mining continued. The genesis block cannot be spent as per the code Satoshi wrote. Thus a premine of zero. No bitcoins were mined before public mining began.

1

4

32

Daniel

@dka218

3 years

@intocryptoast People who can't afford $320,000 can just stake their eth with a trustworthy pool like Stakehound... Oh wait

Fireblocks CEO Denies Negligence In $75 Million Ether Loss

Switzerland-based StakeHound is suing Fireblocks for 38,178 ETH staked on Ethereum that has been rendered inaccessible. It is a cautionary tale for crypto holders looking to generate yields on their...

www.forbes.com

4

1

34

Daniel

@dka218

4 years

"We didn't write the lightning protocol - we didn't write bitcoin . . . we didn't figure out how all this stuff works . . . if you can combine things in an interesting way . . ." - Paul Itoi That's actually what bitcoin itself is - a novel combination of existing ideas.

Robert ₿reedlove

@Breedlove22

4 years

This could be the most important podcast of 2021: exploring #Bitcoin + Lightning Network + Sphinx Chat as an unstoppable stack for free speech, anonymity, and true digital liberty. @TFTC21 @sphinx_chat @MartyBent

44

125

632

1

7

34

Daniel

@dka218

2 years

@scott_lew_is Bitcoin doesn't require favorable regulation. Bad regulation is merely inconvenient for bitcoiners, but terminal to centralized nonsense. Bitcoin doesn't require affinity scams. The signal doesn't require the noise.

0

2

33

Daniel

@dka218

7 months

Cool things about visiting Pubkey this week: 1. Being greeted by name 2. Gazing upon the original "Buy Bitcoin" notepad 3. Hanging out with bitcoiners before the crowds arrive 4. Surprisingly good food

2

4

37

Daniel

@dka218

4 years

In 1944 at this hotel in Bretton Woods, New Hampshire, elites from 44 countries gathered to set the value of fiat currencies. Under a bitcoin standard we can instead have a free market for money.

3

1

33

Daniel

@dka218

4 years

@VitalikButerin @jk_rowling @La__Cuen @ammori Vitalik isn't an official spokesperson for Bitcoin (no one is). Vitalik created Ethereum to address his perceived flaws of Bitcoin. Those flaws (doing one thing well instead of many poorly, upgrading carefully, proof of work for security...) are actually strengths of Bitcoin.

1

32

Daniel

@dka218

4 years

@bgarlinghouse No, not "crypto" - just one particular centralized pseudosecurity. The point of decentralization is that there is no CEO to subpoena, jail, or coerce.

1

2

35

Daniel

@dka218

2 years

@DocumentingBTC BTC at 1000: "you got lucky" BTC at 250: "you're stupid" BTC at 19000: "you got lucky" BTC at 3000: "you're stupid" BTC at 63000: "you got lucky" BTC at 19500: "you're stupid" Nocoiners descend into self-parody as I patiently wait for satoshi-penny parity.

5

4

34

Daniel

@dka218

4 years

WBTC is held by BitGo - it's cefi, not defi. Same idea as Tether. You can build cefi on top of defi, but you cannot build defi on top of cefi. Always ask who holds the keys.

2

16

34

Daniel

@dka218

5 years

Bitcoin halving now estimated to occur during Blockchain week in NYC, Consensus, and Magical Crypto Conference. This is going to be amazing.

2

0

31

Daniel

@dka218

5 years

@NakamotoInst @pierre_rochard @tendayiEcon @LendingTree A pyramid scheme is where participants each have a place in a hierarchy and make payments to the people above them. Bitcoin does not have a hierarchy and does not require any payments to be made. Myth No. 7

13 common misconceptions about Bitcoin

Bitcoin is fiat

d-ameli.medium.com

0

1

30

Daniel

@dka218

8 months

@garyblack00 If a bitcoiner told you 10 years ago that bitcoin was going to 12k you would have mocked him and said it would never go that high. And now the bitcoin haters call for 12k. Billionaires have quit their companies to work on bitcoin full time and people think it's going to zero.

5

0

35

Daniel

@dka218

2 years

Great to be at @bitcoindayio in Naples with @BITVOLT7 @samuelarmes @CedYoungelman to talk about the bitcoin community in Florida like @BitMiami305 , Bitcoin Brunch, Bitcoin Vortex, and many other initiatives to make Florida an even better places for bitcoiners and businesses.

6

10

32

Daniel

@dka218

3 years

Unlimited money printing combined with unrealized capital gains taxes means that everyone who isn't close to the money spigot will be impoverished

5

4

25

Daniel

@dka218

2 years

I'm not a bitcoin believer. I'm a bitcoin verifier, a node runner, a gettxoutsetinfo executor, code compiler, a transaction validator, a signature checker, an open-minded skeptic, a PR request skimmer and a whitepaper reader. Don't trust, verify.

9

8

29

Daniel

@dka218

4 years

Raised $18 million. Produced nothing but "partnerships". Factom Faces Liquidation After Investors Refuse Request for More Funding via @coindesk

Factom Inc. 'Faces Liquidation' After Investors Refuse Request for More Funding

The blockchain firm's biggest investor, FastForward, is now its receiver.

www.coindesk.com

6

5

29

Daniel

@dka218

2 years

Just added the Coldcard Mk4, a TapSigner, and 4 sats cards with fantastic designs to my collection. Thanks @Coinkite

3

4

30

Daniel

@dka218

4 years

1 year rolling daily dollar cost average is always under the 1 year moving average of price and under the current bitcoin price 75% of the time (since May 2013). Most people should just DCA.

1

6

28

Daniel

@dka218

4 years

@kingsurf54 @PeterSchiff Bitcoin is weightless but not worthless. Intellectual property, domain names, certifications, and legal titles for example are quite valuable despite not being tangible or heavy.

2

1

30

Daniel

@dka218

2 years

@GalaxyDigitalHQ @novogratz "keep a diversified portfolio" Or stay in bitcoin instead of diversifying into scams like Luna. Luna didn't collapse because of "macro". It collapsed because it was a ponzi. Just like the previous algo stable ponzi of the same design by the same person (under an alias)

1

2

27

Daniel

@dka218

4 years

@nytimestech @andrewrsorkin The effort by mainstream publications to all run the exact same lie about bitcoin clearly isn't working to slow bitcoin's momentum. Time to let this narrative go. Learn what a bitcoin transaction is.

Bitcoin and the Environment

Bitcoin has faced many criticisms since its inception in 2009. None of them have been more pervasive, hysterical and off-the-mark than the…

d-ameli.medium.com

1

4

25

Daniel

@dka218

5 years

@Crypto_Potato @APompliano Wow, 1 BTC at 100K? You could almost buy a banana taped to the wall for that kind of money!

0

1

29

Daniel

@dka218

2 years

The @SeedSigner is a great educational tool. Just put it together and testing out making a seed with my bitcoin dice. Off the shelf components and open source software.

2

9

29

Daniel

@dka218

4 years

@danheld My workstation

3

0

30

Daniel

@dka218

4 years

@NeerajKA Information is power. Information about you is power over you. Privacy is just about choosing who you give that power to.

0

2

23

Daniel

@dka218

5 months

@btcSalvation I have a degree in economics and I understand bitcoin. Bitcoin isn't an intelligence test; it's an ego test. Some people are too emotionally invested in the old systems to learn new ones.

4

3

30

Daniel

@dka218

4 years

@genesimmons That's like saying you can't afford a "whole" gold brick so you bought a whole bowling ball. Can't afford Apple so you bought Kodak stock. It's unit bias. There's nothing affordable about wasting your money on irrelevant projects when bitcoin exists and gets better every day.

0

3

27

Daniel

@dka218

4 years

@ahcastor A ponzi requires an operator and specific promises of returns. Bitcoin doesn't have an operator and doesn't pay returns. There is no official spokesperson to make promises. Bitcoin can and does have bubbles (just like other assets that can be bought and sold)

1

2

26

Daniel

@dka218

2 years

Best things in life are free, especially free sats. Thanks @trylolli

3

2

27

Daniel

@dka218

1 year

Broadcasting live from Miami's new Bitcoin space. Let's make Miami a bitcoin city!

5

2

28

Daniel

@dka218

3 years

@FinancialJuice Bitcoin is public money. Federal reserve notes are private money.

1

0

26

Daniel

@dka218

2 years

Tabconf is definitely on my schedule for next year. Bitcoin builders instead of celebrities, shills or suits. Even bitcoin core devs told me they are learning a lot at tabconf.

Justine Harper

@mshodl

2 years

. @tabconf is the highest signal #bitcoin conference in existence

21

12

74

1

8

28

Daniel

@dka218

2 years

@wef According to the experts below, bitcoin uses more energy than the entire world! Take your private jets to Switzerland and start brainstorming a solution.

World Economic Forum

@wef

7 years

In 2020 Bitcoin will consume more power than the world does today

254

214

340

0

6

27

Daniel

@dka218

2 years

@WalkerAmerica When we withdraw bitcoins from bitcoin exchanges, the bitcoin price goes up. When we withdraw dollars from banks, the bitcoin price goes up. Interesting.

0

4

25

Daniel

@dka218

4 years

@KentoInami @giacomozucco @MartyBent Altcoins are the most painful path between bitcoin and bitcoin

0

3

23

Daniel

@dka218

3 years

@realMeetKevin @elonmusk So when I send 1,000,000 lightning network payments from my mobile phone, I have just used 700 Gigawatt hours of electricity? Or perhaps you are mindlessly regurgitating someone else's math mistake?

0

27

Daniel

@dka218

3 years

@nntaleb Exit to what? Million dollar studio apartments? Negative interest rate sovereign bonds? 100+ PE ratio stocks? Savings accounts with negative real or negative implied interest? Bitcoin itself is the exit from a system of extreme money printing distorting all markets.

1

0

26

Daniel

@dka218

4 years

@kaiynne BTC is now less of an onramp and more of a destination

0

23

Daniel

@dka218

2 years