Luis Cuende Profile
Luis Cuende

@licuende

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Cofounder @CitizenX , prev. cofounder @AragonProject (took DAOs from $0 to $20bn). Libertarian

Joined April 2010
Don't wanna be here? Send us removal request.
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@licuende
Luis Cuende
5 months
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@licuende
Luis Cuende
1 year
Balaji betting 1 BTC = $1M in 90 days. Not sure about $1M, but sure as hell that the world is waking up to the USD scam. During the last weeks I’ve talked to bankers, lawyers, etc. who are smart but trusted the fiat system. They are now realizing Bitcoin is the true SoV.
@balajis
Balaji
1 year
THE BANKS ARE INSOLVENT We should have learned to distrust bankers after the 2008 crisis. Back then, they used complex language to hide the simple fact that the mortgages were bad. And today, they do it to hide the fact that the money is gone. Not in one
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@licuende
Luis Cuende
10 months
The Network State Conference had the same energy as the Bitcoin Conference in 2013. Early, emergent and unstoppable. Bravo @balajis 👏
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@licuende
Luis Cuende
2 years
The all-new Aragon is here. So proud of the team. This is a very emotional thread on Aragon's beginnings, hard moments, and where it's headed 👇
@AragonProject
Aragon 🦅
2 years
Modular 🧱 Adaptable 🌱 Lightweight 🪶 Fast ⚡️ Ready to build the organizations of the future? Meet Aragon OSx and Aragon App, the most user-friendly tech stack for DAOs 👇
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@licuende
Luis Cuende
1 year
@martinvars @balajis The network never goes down. Its value in imaginary boomer coin (dollar) fluctuates — but Bitcoin has been one of the least volatile assets during the last crisis.
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@licuende
Luis Cuende
2 years
@0xMert_ @sandeepnailwal @0xPolygon I remember Polygon when it wasn’t cool (2017). These guys have been at it for a while, true OGs. Not here to compare to Solana (which has its own merits), but just to point that out. Humble beginnings.
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@licuende
Luis Cuende
6 months
A generational war is unfolding. Boomers want to print, Youth wants to stake. Boomers want to tax, Youth wants to escape. Boomers want to regulate, Youth wants to live. Boomers demand their pensions, Youth doesn’t even dream of getting them. Boomers already raised their
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@licuende
Luis Cuende
2 years
Great issue by @Noahpinion on implications of aging. Some excerpts: “a small number of workers is forced to slave away their entire lives just to support a sea of elders, with little time or money left to enjoy their lives (or to support children).”
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@licuende
Luis Cuende
8 months
1. Easy question with a hard answer: if you are someone bright in your 20s, where should you live? The “first world” is rapidly decaying, while promising developing countries aren’t quite there yet. We might still be in the first rectangle, but we might drop into the reds soon.
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@licuende
Luis Cuende
2 years
The wisest and mentally balanced don’t seek status or power. They seek meaning. That leaves the unbalanced to seek fame and to govern. A true tragedy of social structures.
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@licuende
Luis Cuende
2 years
Really hyped about @AragonProject releasing v2, soon 🦅 If you are attending #ETHDenver , read about the super cool hackathon projects you can build on Aragon v2. Thread 👇
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@licuende
Luis Cuende
2 years
I really dislike the term "Real World Assets". Assets made of bits and secured by math are as real as assets made of atoms and secured by wet signatures and militaries. Instead, I call them "Traditional World Assets".
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@licuende
Luis Cuende
2 years
The new @AragonProject website is insanely good 🦅 Focused yet informative, beautiful yet usable, inspiring yet pragmatic. Bravo 👏
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@licuende
Luis Cuende
1 year
Is Aragon's DAO about to undergo a 51% attack? A thread 👇
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@licuende
Luis Cuende
10 months
Aragon’s massive treasury has given the project so many headaches. @AragonAssoc has deployed >$155m to allow all ANT to be redeemed for ETH. Something so simple as letting go of funds has been such a complex and lengthy endeavor internally. But this is the right move.
@AragonProject
Aragon 🦅
10 months
The @AragonAssoc deploys most of the treasury (>$155m, 87%) to allow all token holders to redeem ANT for ETH, dissolves itself, and passes the torch to continue the mission. Discover why 👇🧵
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@licuende
Luis Cuende
1 month
Has anyone cracked onchain company incorporation and management? Just a company where truth is onchain + a bank account would suffice
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@licuende
Luis Cuende
2 years
Just joined the very first legally binding agreement within an Internet jurisdiction. It might not mean much today, but it will enable us to re-imagine the world tomorrow.
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@licuende
Luis Cuende
1 year
A few things: • Calling Aragon “bloatware no one uses” the same day that @LidoFinance upgraded their $11bn protocol on Aragon… 🤡 • 2019 was super stressful. No PMF, ETH hit $80, runway was short. Saying Aragon was a place to retire in 19… 🤡 Continue 👇
@laurashin
Laura Shin
1 year
In the Aragon Association vs. RFV Raiders, who was right? @tomhschmidt says looking at the full back story around management of the Aragon Treasury shows that the Aragon Association members are “paying themselves whatever they want” with “zero accountability.” 💥
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@licuende
Luis Cuende
2 years
At age 40, boomers had 20% of the wealth. At age 40, millennials had 5%. Boomers not only lead on wealth, but also on voting power in most Western countries. Quality of education/affordable housing/good jobs are being deprioritized to fund pensions. The system will collapse 👇
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@licuende
Luis Cuende
2 years
US regulators are making it impossible to launch tokens, build a community around them, and engage in governance over common goods. Obvious for the US long-term; they want us operating C corps in Delaware, not DAOs on the Internet…
@lex_node
_gabrielShapir0
2 years
it's dicta, but here the LBRY judge reasons that even if team is completely silent about efforts--no promises, no contracts--but premines tokens, that alone creates a sufficient expectation of profits from their efforts in common enterprise to pass the Howey test very bad result
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@licuende
Luis Cuende
4 months
@ThierryBreton @DigitalEU Please retire and go play golf already
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@licuende
Luis Cuende
2 years
Write 4 lines, output a whole contractor agreement. Open source law, brought to you by
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@licuende
Luis Cuende
2 years
Hey we got a $80tn blind spot, but your $20 transaction for buying groceries is under intense scrutiny for money laundering and terrorism.
@Reuters
Reuters
2 years
The Bank for International Settlements has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps
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@licuende
Luis Cuende
2 years
@martinvars All four options are quite depressive…
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@licuende
Luis Cuende
1 year
I've been dreaming about network states since I was 13. Now the Sovereign Individual thesis is unfolding before our eyes. We will start by helping talented and wealthy individuals become sovereign, thanks to @baseflow ☯︎ And we got something else brewing too... stay tuned ✧
@NetworkStateCom
The Network State Company
1 year
Imagine a prosperous society where talent and wealth flow freely. That’s what we are building. Introducing “I have backed entrepreneurs who have created new cars and rockets, now I am backing new countries�� — @TimDraper , our investor. Read on ☯︎✧
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@licuende
Luis Cuende
2 years
Every airport should have a gym. It’s such a no brainer and healthier than the terrible food most airports have.
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@licuende
Luis Cuende
2 years
Talking to ChatGPT now feels like reading Bitcoin’s whitepaper in 2011. Mainstream is years away from understanding it, yet there’s no going back.
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@licuende
Luis Cuende
29 days
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@GOVUK
GOV.UK
30 days
Think before you post.
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@licuende
Luis Cuende
1 year
Extremely happy to unleash the first CBDC by a network state. Submit your address in the link below. More KYC to come.
@Nation3DAO
Nation3 DAO
1 year
We partnered with @pwndao to bring you the first CBDC truly worthy of a Network State ~ follow the steps below for eligibility and submit your address at:
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@licuende
Luis Cuende
1 year
Avicii left us 5 years ago. Today I release Tim Is Alive, my tribute album to him ✨
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@licuende
Luis Cuende
1 year
It's so funny how narrowly Silicon Valley types define success. Maybe friends, family, kids, hobbies... are part of this equation?
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@licuende
Luis Cuende
6 months
A lot of US citizens are quite fed up of draconian worldwide taxation, and are looking into becoming fully sovereign. This challenges the US-centric view of Silicon Valley.
@larrysalibra
Larry Salibra | larry.btc
6 months
New citizenship startup @CitizenX by @licuende @alexrecouso and @0xGallego briefly made front page on Hacker News today - lots of interesting discussion but it was quickly “flagged” and removed. Why does the “Hacker” News community so dislike anything that has to do with
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@licuende
Luis Cuende
1 year
Entered a legally-binding agreement with crypto as collateral. Bound by the laws of an internet nation ❇️
@jessepollak
jesse.base.eth
1 year
what's one thing you've done with crypto in the last month that previously you would have done with a legacy financial system?
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@licuende
Luis Cuende
11 months
Swiss passport 🤤
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@licuende
Luis Cuende
2 years
I love @paulg 's essays because he can write meaningful findings in literally one paragraph.
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@licuende
Luis Cuende
1 year
Two key years in Bitcoin’s history: • 2008, its creation. • 2023, the year it proves itself. One financial crisis led to its creation. The current one will lead to its adoption.
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@licuende
Luis Cuende
2 years
23/ Thanks to everyone who has made Aragon what it is today. I'm missing #ETHDenver this year, but you cannot even imagine how proud I feel when I see this.
@izqui9
Jorge Izquierdo
2 years
It’s been so great to see this live in Denver with such a big Aragon presence celebrating the launch of the new stack. Big props to the @AragonProject team for all the hard work leading to today!
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@licuende
Luis Cuende
2 years
ChatGPT likes ⁦ @AragonProject ⁩ 🤖🦅
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@licuende
Luis Cuende
2 years
Completely anonymous voting will become the standard in DAOs. Transparency is not always desirable. Everyone should have the right to privacy.
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@licuende
Luis Cuende
5 months
Long creative entrepreneurs, short boomer institutions
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@licuende
Luis Cuende
1 year
2008 and 2023 rhyme. The key difference: there was no exit from the fiat system in 2008. There is now. Prepare accordingly.
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@licuende
Luis Cuende
2 years
1/ In theory the state invests your taxes over 40+ years and pays your pension with that. Easy, compound interest. In practice, they mismanage funds and the youth is left with the burden. The main question is…
@surcomplicated
Zoomer Antimillenarian 🇺🇸🇺🇦
2 years
@licuende @Noahpinion I actually kind of expect that we'll see some ppl emigrate away from rapidly-aging countries for precisely that reason--to move to comparatively younger countries where the tax burden is lower. Could lead to some bad self-sustaining emigration spirals in middle income countries.
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@licuende
Luis Cuende
2 years
Big media: @jespow is a misogynist/racist and eats babies for breakfast (Builds an OG exchange operating for almost a decade with 0 issues) @SBF_FTX is just an unlucky wunderkind, trapped in society’s power games (Gets into crypto because of $$$, steals and loses billions) 🤷‍♂️
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@licuende
Luis Cuende
2 years
1/ @izqui9 and started Aragon in 2016 — we were 19 and 21, equal amounts energetic, idealistic and naive. Without that touch of naiveté, who would start something like Aragon the same year The DAO was hacked?
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@licuende
Luis Cuende
1 year
And Ethereum, of course. It has a more complex narrative to be SoV — most people don’t understand smart contracts — yet it being deflationary makes it super attractive now.
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@licuende
Luis Cuende
2 years
During the last week I discovered two teenage hackers building awesome stuff, at 13 and 14. They give me hope ✨
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@licuende
Luis Cuende
1 year
"From this point forward I refuse to install any OS that does not have the Bitcoin whitepaper pre-installed." 😂
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@licuende
Luis Cuende
1 year
It’s not only the crazy taxation on income, capital and wealth. It’s the KYC and stupid bureaucratic processes that slow down our economies by double digits. I hate every hour of my life thrown away to them.
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@licuende
Luis Cuende
1 year
I always hated gambling. But liked societal implications of crypto. So I cofounded @AragonProject , currently allowing hundreds of thousands of people to govern >$20bn over the internet — without the need of traditional corporate structures or govs.
@martinvars
Martin Varsavsky
1 year
@licuende Crypto is a minor innovation occasionally useful mostly gambling a bright guy like you may want to consider doing something more relevant.
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@licuende
Luis Cuende
1 year
Countries that charge capital gains... charge them on nominal value... while inflating the currency... 🤔 Let's say inflation is 10% and you buy $APPL. It goes up 10%, so it's just flat. But you now owe cap gains on that 8%, even though the investment went flat🤷‍♂️
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@licuende
Luis Cuende
5 months
@jespow Western civilization is literally sabotaging itself into oblivion
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@licuende
Luis Cuende
1 year
Nation3 DAO launched just a year ago. Today we have an early, yet operational legal system for the internet. Cannot wait to ship everything that’s planned for 2023 🚀
@Nation3DAO
Nation3 DAO
2 years
Today we announce the birth of the Nation3 DAO and $NATION as its own community currency. Together we will create a sovereign nation on the cloud ☁️🇺🇳
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@licuende
Luis Cuende
2 years
We are hiring a Senior Frontend Dev to help us build a solarpunk nation at @Nation3DAO ✨ If you want to work on re-imagining nation states to leave the world better than you found it, this is your chance 👇
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@licuende
Luis Cuende
5 months
This will be my last writing about structural issues in society, unless things get way better. With the upcoming "hate speech" laws all across the West, and people going to jail for stating facts, the risk-reward ratio of free speech has tilted. I'll keep tweeting about
@licuende
Luis Cuende
5 months
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@licuende
Luis Cuende
1 year
Uhm, just @GnosisDAO ? No one else? Then how’s Aragon “greedy” for being *one of the two* projects transitioning its ICO treasury?
@licuende
Luis Cuende
1 year
Which other 2017-18 projects that did an ICO with a legal entity have transitioned their treasury over to a DAO? Trying to find success cases & compare with my proposal for Aragon. I see Golem, iExec, Status and others are still holding 360k ETH in their treasuries.
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@licuende
Luis Cuende
2 months
This is what a real CEO does. Fly over the ocean to make sure customers get in their applications on time before a price hike. 🐐
@alexrecouso
Alex Recouso
2 months
flying today to antigua to make sure your @citizenx applications get submitted on time
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@licuende
Luis Cuende
1 year
Which other 2017-18 projects that did an ICO with a legal entity have transitioned their treasury over to a DAO? Trying to find success cases & compare with my proposal for Aragon. I see Golem, iExec, Status and others are still holding 360k ETH in their treasuries.
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@licuende
Luis Cuende
1 year
Ok boomer
@ecb
European Central Bank
1 year
🧵Crypto has relied on constantly creating new narratives to attract new investors, but has failed to deliver on its promises. Policymakers should be wary of supporting an industry that has so far produced no benefits for society. Read the speech 1/3
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