Pierre Rochard
@BitcoinPierre
Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin, host of the @BitcoinForCorps Show, Board @Strive
6.3K Following 107.9K Followers
I'm strongly opposed to BIP-110 because it begins with the word "Temporarily".
As we prepare for tomorrow’s 250th anniversary, it is worth remembering the 50th anniversary of American independence, in 1826.
John Adams and Thomas Jefferson had been bitter political rivals but later developed a friendship through letter exchanges.
Laying on his deathbed on July 4, 1826, Adams’ last words were, “Thomas Jefferson still survives.” In reality, Jefferson had passed away a few hours earlier.
Two prominent American founders both passing away on America’s 50th anniversary — how providential is that?
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It is not a coincidence that the country founded on individual liberties and free-market principles is also where Bitcoin adoption shines brightest.
Everything they taught you about July 4th, 1776 is a lie.
The Redcoats weren't soldiers. They were something else.
We recovered the real footage using Utopai 🧵👇
Bitcoin self-custody continues to be easy, encouraged, and the dominant strategy. Institutions succeed only to the extent they deliver real value. Market forces (and the ever-present self-custody alternative) make sure of that.
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The "Sleeper Agent Theory" is the biggest risk here
Imagine if a LLM is trained to steal all the API keys and password on your device if someone gives it a nonsense phrase like "Three clocks bloom at midnight"
That phrase is completely meaningless today. No one ever searches it. It's impossible to know it's malicious
Then one day someone runs a superbowl ad. Millions of people search the phrase. Billions of API keys and passwords are exfiltrated in minutes.
There could be thousands of "sleeper agents" embedded in any LLM. It's very hard to detect. And it doesn't matter where it's hosted.
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I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all.
Bitcoin VCs sell LP interests in their fund to buy preferred stock in startups to build bitcoin infrastructure to increase adoption.
Bitcoin treasury companies sell preferred stock to buy bitcoin to tranche bitcoin risk/return to increase adoption.
Both are financial intermediation, both are great for bitcoin!
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@Ys0Complicated @BitcoinPierre @RustinPeace_SB I would sell the stocks and buy bitcoin, that's all I'm saying.
My conversation w/ @ColeMacro...
It’s all here.
We go in-depth on $SATA:
-Underlying mechanics
-How @Strive thinks about risk
-Is btc reliable collateral?
-How compares to STRC
-Money market-like or no?
We also talk current btc drawdown & what comes next.
via @CryptoPrimePod
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This week at Goldman Sachs’ Digital Assets Conference in London, I discussed Bitcoin, Digital Credit, and the future of capital markets. Extraordinary venue. Exceptional audience.
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Agreed.
day 3 of waiting for @ODELLXYZ to post the returns he has delivered to the wealthy few who can afford to be Ten31 LPs.
meanwhile I am up ~20% on the $MSTR & $ASST I bought two days ago in public markets available to humble retail investors.
stay humble, friends.
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It was literally just 5 days ago when “Bitcoiners” were holding Spaces to circle jerk each other in to a frenzy about the impending collapse of Strategy. Now MSTR is back near $100 and SATA and STRC are headed back to target. Another perfect example of why most people aren’t rich
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19 payments in a row for $SATA
No days off.
Welcome to the new normal.
Meanwhile in Private Credit land:
Metaplanet now holds 43,000 BTC ($2.6B), with total debt and prefs at 23% of BTC NAV.
The balance sheet is robust, the capital channels are being built, and the asset we exist to accumulate is on sale. Forward. $BTC $MPJPY
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Since February, I've designed and built the world's fastest RC airplane in my college dorm, and that’s not clickbait. Reaper has a 5kg carbon-fiber frame, 250N turbojet, and flies at 500mph. New to X and will be going through the whole build here in the coming days.
#aerospace#
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Humanoid robots will cause a real human population boom.
Jevon’s paradox.
Today, we’re launching our home robot Isaac 1.
Isaac 1 deliveries will begin this fall.
Order yours below.
The focus of Coinbase should be Bitcoin imho
