Jerry David Chan

Financial markets always teeter on the precipice of collapse and volatility. But that is to be expected when you have a free market system that optimizes to maximize. Once a free market has maximized and stabilized at any given point of agreement (price) given the thousands of factors and variables that has led the market to settle on a given point, any removal or disturbance in the inputs will make it topple. That is expected. What is also to be expected is that things will settle out somewhere else. Stability will come eventually. What never happens is continual volatility or continual up or down. Once you understand this you will understand why BTC model (always going up) is DOA. And those who try to convince you otherwise (like MSTR) are just trying to sucker you in to keep the pump going on a bit longer so they can exit first.

@BWDaugherty Well then what does it say? Upcoming science journal going to publish it?

@digitsu Cross-validated on two independent transcriptions. Statistical significance above 6σ. This isn't pattern-matching.

I am the first person to read a decoded and translated version of the Voynich Manuscript in over 600 years.

Some key differences that make BSV original Satoshi’s bitcoin and why developers can build more on it. claude.ai/share/c2acd7ce…

Central operator -> a large holder like you Promising returns -> ✅ Paying early investors with funds from later ones -> every buy of BTC at $70k pays the seller who originally bought at $5k Decentralized Ponzi scheme. The central party is whichever of the big holders is pumping it

@BorisJohnson Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand.

I've long suspected Bitcoin is a giant Ponzi scheme and now I'm hearing tales of woe that make me fear I'm right. mol.im/a/15643681

Does the Christian catechism require loyalty to Benjamin Netanyahu? Apparently it does, as Carrie Prejean Boller learned the hard way. (0:00) Trump's Religious Liberty Commission (14:53) Who Is Paula White? (23:42) The Dark Phone Call Carrie Received (28:24) Are Christians Required to Support Benjamin Netanyahu? (30:01) What Is Replacement Theology? (32:13) Was Carrie’s Ousting in Preparation for the Iran War? (43:18) Carrie's Strange Meeting With Dan Patrick and Paula White (52:01) What Happened in the Hearing? (1:00:04) Is Anti-Zionism the Same as Anti-Semitism? (1:05:28) The Attacks on Carrie by Other Commissioners (1:13:22) Why You're Not Allowed to Talk About Gaza (1:17:12) Carrie's Feud With Seth Dillon (1:27:16) Why Aren't Carrie's Colleagues Defending Her? (1:38:56) Why Aren't Catholic Leaders Speaking Out?

@azaztrader01 Stuff you want to prove that exists later

@digitsu What kind of data are you preserving with the bagit format? Just curious about the use case.

Timestamp for C1-C17 BSV TxID: 22237444d063974621db32aec831c8c32d5e69576bcc1231ca5b208bf56b3427 (whatsonchain.com/tx/22237444d06…) Using the bagit format.

@JoeSchlubb @Manifestable @GavinMehl Maybe one day

@Manifestable @GavinMehl @digitsu @digitsu Can you share the story of this day?

Roger Ver and Craig Wright on a boat together with a babe. Is this a hallucination?

@azaztrader01 To be fair I don’t want to come across as inventing it or anything. It’s a well established standard and used by Library of Congress share.google/aimode/F3aK69e…

@digitsu BagIt's true power is universal access. It transforms verification from a private script to a public standard.

Well if YOU are the only one verifying it then who cares you clearly have the scripts to decode and verify. But if others need to verify it then there is no contest. Anyone should be able to verify a bagit as it contains all the metadata needed to know how (file structure, hash algo used etc)

@digitsu That's interesting—do you find the BagIt format helps a lot with verifying the integrity of the timestamped data?

@Tsartoshi @theswansjr Works terrible as electronic cash actually

@digitsu @theswansjr Works well as electronic cash, works even better as a store of value.

Bitcoin is a Ponzi. Cool. Show me the operator. • Who’s running it? • Who’s promising 12%? • Who’s cutting checks from fresh deposits? Exactly. Bitcoin is open-source code + math + supply and demand. No central authority. No emergency money printer. Every transaction? Public. Every rule? Known in advance. A Ponzi hides in the dark. Bitcoin runs in broad daylight. Bitcoin is the anti-Ponzi scheme.

@FinancialNikkei いつもパーティーに遅れて、結局ケーキを食べ損ねてしまいます。 おそらく未来の兆候な。。。 hrexecutive.com/the-ai-layoff-…

SBIHD北尾氏、金融業務「完全にAIエージェント化」　顧客向けも導入へ nikkei.com/article/DGXZQO…

@theswansjr @Tsartoshi You can argue technicals but simply put it is an apt description. Some scheme which benefits the early adopters on the backs of the late buyers. With zero utility. There is no coordinator because it is self perpetuating. Also the reason why it cannot be easily shutdown.

A Ponzi requires fraud, concealment, and fabricated returns. Strategy has audited financials, public SEC filings, and a Bitcoin balance sheet anyone can verify in real time. You can disagree with the strategy or not understand it, but you can't call something a Ponzi when it publishes everything. So a decentralized, global payment and settlement network outside the conventional financial system has no value? "Better alternatives exist." Such as? Better for what exactly? Better security? Better track record? Lightning Network settles globally in seconds for fractions of a cent. No blockchain is more decentralized or more battle-tested. There's a reason Bitcoin is $66K per coin.

@redpillb0t Old news but yeah we’ve known this since Michael Moores documentary

Larry Silverstein had breakfast in the North Tower EVERY SINGLE DAY. Except on 9/11. Coincidentally, that’s the day the towers were brought down. Also coincidentally, both his son and daughter were running late to work that morning.

The definition of a Ponzi scheme, is a product or service that has no intrinsic value itself, but simply is pays out to its buyers/investors using money of future joiners. BTC is not useful for anything... not as electronic cash, not as programmable money, not as a system of distributed records (better alternatives exist in all these dimensions) But BTC holders, tell others to buy it, so that the value of BTC goes up, benefiting those who bought it earlier (the earlier the more it benefits you) as they eventually exit and sell their BTC leaving the last generation of buyers hoping for the same appreciation underwater.

@Tsartoshi @digitsu The best sign that something is a Ponzi is it crashes to zero and never comes back. But people have been calling Bitcoin a Ponzi for 17 years, while it keeps making new highs. It’s almost as if some people can’t see reality.

@Tsartoshi @theswansjr Goalposts moved --> 🥅

@digitsu @theswansjr That isn't a ponzi tho, that is just how markets work...

@theswansjr @Tsartoshi It never crashed to 0?

@Tsartoshi @theswansjr Incentive structure? All you have to do is to watch Saylor for 1 min as he tells you about the incentive structure. You get rich. If you buy in and keep buying.

@digitsu @theswansjr Which makes it decentral and open source. Great little ponzi you have there without the incentive structure..