Enjoyed chatting with @BitGo CEO @mikebelshe on @coinage_media about the US leading as the Crypto Capital of the World — so long as progress is not undone: "We sometimes talk about China becoming bigger than the US — maybe on the economy, but not on capital markets"

If @BitMNR and @fundstrat really do intend to stop buying $ETH beyond the 5% goal that they are closing in on, that would be news I asked about potentially hitting 10% exactly one year ago, and this was the response:

Worth noting that DJ Khaled was one of the first celebrity targets for failing to disclose to followers he was paid to promote ICOs back in 2018 - Fined $100K - Banned from promoting crypto for 2 years Now, a USDC stablecoin influencer

Sometimes I feel as delusional as @garyvee, but I do agree that NFTs will have a resurgence this cycle It won't be cartoons. But it will be digital assets that let communities own things together online Fun chatting about what we've built @coinage_media with @LizThomasStrat ⬇️

Might be one of the more important paradigm-shifting interviews @coinage_media It's all about treasury yields — and its a brawl between the bond market and stock market Either stocks are right, and tech rallies Or bonds are right, and hard assets rally Either way, $BTC higher

Excited to be chatting with my friend @fundstrat on @coinage_media this week 📺 The first community-owned media outlet built on $ETH 🤝 the largest @ethereum treasury company @BitMNR

@CaitlinLong_ Caitlin hits the nail on the head in citing @NickSzabo4's distinction between *trading* and * tokenized value accrual to a community* When we built @coinage_media as the first community-owned media outlet we focused on the latter Viva la revolution:

There has been a lot of fear about Wall Street and institutions co-opting crypto's original revolution But I loved this take from @CaitlinLong_ about why the revolution is still very much alive: We don't need liquidity. We don't need volumes. We need permissionless ownership

Not only did @SeanMFarrell absolutely nail the Treasury stepping in on @coinage_media last week — but listen to his explanation on why Bessent's move just sparked a leg higher for bitcoin:native ⬇️

THE GARY GENSLER TRAP! All of crypto is waiting, hoping, praying for CLARITY to advance this week — but can we just quickly consider the path if that doesn't happen? 1) The SEC likely deploys their Project Crypto stop-gap band-aid 2) Then there's a 80/20 shot Dems undo it all in the next admin Nobody really believes anything meaningful is coming onchain if builders need to worry about a Gary Gensler 2.0 (this, of course, is the whole reason the crypto industry is pushing for the rules proposed in CLARITY.) But I think there is a silver lining worth exploring here — and maybe it's what Gensler feared all along. (For anyone who was in crypto before the great purge of 2022, this should be fairly obvious.) Back then, the Gensler playbook was pretty clear: Go after anyone offering anything of value in crypto for unregistered security offerings. NFTs? Securities. ETH? Potentially a security. Memecoins? Basically the only thing that was allowed. lol Considering that, it's a pretty obvious reaction to see the crypto industry giants (like Coinbase, etc.) pursue a bill that will codify how this process can legally work, and finally lay out rules for when *exactly* an asset becomes a security vs. a commodity. But is that the best outcome for everything in crypto? Particularly for an industry that once prided itself on decentralization, dis-intermediation, and root ownership, it is OK to say no! After all, it was Bitcoin's original model that pioneered value accrual to a community that used a network. This value did not accrue to a VC. This value did not accrue to insiders. But to anyone who cared enough to be early and participate permissionlessly. It's been 2 years since the industry had Gensler hanging over it. In those two years, the major industry players have seemingly bent the knee to the same thinking — that anything of value in crypto must follow the security framework onchain. Does that give you something closer to the old system Bitcoin sought to destroy? Or something closer to Bitcoin? Whether CLARITY passes or not, the industry still needs to reckon with that question.

@AndrewCapasso_ With all due respect to those working on tokenized securities - I do not think these are native to crypto There is nothing native about re-introducing intermediaries You can have ownership (and dividends) without that:

Four years in, I think I can say that building a startup is not as fun as it looks But somewhere in-between sleeping on the floor and the pain, there are moments where you can't help but reflect on doing it @coinage_media is the first community-owned media outlet built onchain