you either die based or live long enough to become cringe

For anyone who wants to get a foundation in what philosophy of money looks like - I had the joy to speak with Andrew M. Bailey a few months ago!

Congratulations on the success of Resistance Money thus far Andrew M. Bailey 🥳

youtu.be/r1D4CPstNDQ?si…

Onchain criminal misconduct and degenerate gambling is evidence of permissionlessness. But it’s the permissionlessness that is good, not the mischief.

So also, hate speech on a platform. It evinces something good (freedom of speech) despite being itself bad.

One of the cool things about crypto is that you never know when you might be sitting next to the CEO of some project you find cool at some dinner.

One of the cool things about bitcoin is that this never happens. There is no CEO!

Just finished reading RESISTANCE MONEY by Andrew M. Bailey, ₿radley Rettler and Craig Warmke and I loved its measured take on Bitcoin and principled arguments. To me, this is the definitive book to give to Bitcoin critics as well as Bitcoin zealots. Let’s hope some of them will read it

The hottest new Bitcoin book.

You - yes you who are reading this tweet - need to read it.

Everyone is dumping on these Kerrisdale guys, and rightly so, but there's some truth in this particular claim: bitcoin mining is an insanely competitive pure commodity business you should never use as proxy for bitcoin.

There are only three good reasons to buy mining stocks:

1.

I'll be in Austin, TX in the week immediately after the big Nashville conference — July 29 to August 2. I know Austin is a bitcoin citadel, so help me use my time there well: what events should I attend while I'm there? And does anyone want to have me on their podcast?

Co-authors. They perfect my better ideas, strangle the dumb ones, and keep me on schedule. The best way to see through fresh eyes is to borrow someone else’s — someone who has a vested interest in making the essay good, that is.

vox populi

I dream of the west

Appealing to the government to ban your rivals is like being in an argument on the playground and reporting the other kid to the teacher

It is an escalation beyond the rules of engagement and warrants shame and derision

The Fifth Circuit just vacated the SEC's private funds rule, holding that the SEC exceeded its statutory authority to regulate private fund advisers.

The administrative state is out of control, and the federal judiciary is reining it in. Love to see it 🔥
storage.courtlistener.com/recap/gov.usco…

New from The Rage: The Corporate Transparency Act requires US Americans to provide identifying information on LLCs to FinCEN. It is a slow-roll attack on financial privacy.

By Yaël⚜️

therage.co/corporate-tran…

What have I been saying? Just the beginning.

'irregular state change'

you know

Heartwarming. Choose Bedford.

Bitcoin miners have different interests and incentives from Bitcoin users.

And that’s okay.

But corporate welfare and rent-seeking are not sustainable, violate Bitcoin’s promise of separation of money + state, and dilute our ability to advocate for effective Bitcoin policy.

>'93 million people own crypto in the US'

That would mean 36% ownership among American adults. Seems a lot higher than my own personal experience of living in America.

Let's assume this number is correct (it's probably not). I imagine the vast majority of this number