BTCKAS

🚨 BREAKING The new SEC (Paul Atkins) crypto framework is out. He talked about clearer rules, dividing crypto into categories, and making things safer for builders and investors. He also hinted that many assets may not be treated as securities. #Kaspa is in an interesting spot right now. No premine, no VC backing, and a truly decentralized network with real utility. These traits likely sit on the safer side as SEC (Paul Atkins) brings clearer classification. When clarity comes, capital follows. When capital flows, charts move. Hype comes later, but positioning happens early. Kaspa might already be in that phase. 🚀

@realvijayk @thekaspaonion Bitcoiner here✋. Been looking into it and am intrigued, bought a little bit and messing around with Kaspium wallet. I'd definitely put it #2 for a POW coin behind BTC, it's at least trying to stand out from BTC without copying it. 🙂

#sompi for #kaspa, crypto, and cypherbunk humanity

#Binance Futures will launch the USDⓈ-M KAS perpetual contract at 🗓Nov 17 2023, 02:00 (UTC). Read more ➡️binance.com/en/support/ann…

@binance, Thanks for including me in the top 100 blockchain people list, appreciate the signal! I must decline the Dubai invite though. I do not wish to disrespect, but many of the award voters are avid kaspians who rooted for my kaspa status at least as much as for my research. Let them win or count me out. Crypto has turned from a euphoric cypherpunk project to a house-friendly casino. You may not be the culprit, but as a top player you hold the lion’s share of the responsibility to correct this, and the October crash your USDe oracle glitch helped trigger adds to what needs to be addressed. There are three classes of crypto, as @mert put it recently: commercial crypto, casino crypto, cypherpunk crypto. <> A TBTF CEX should know better and play a different game with hardcore crypto projects. When binance lists a green frog three weeks post its “launch” but skips a fair-launched-Nakamoto-Consensus-100ms-upgrade-ATH-top-20-the-only-nonbitcoin-marathon-mined project, this is not merely binance rationally calculating; it is also binance molding the market in a way that is alas misaligned with the roots of the movement. You may feel that kaspa’s sovereign money thesis is boring – that bitcoin is already money and that implementing an internet-speed bitcoin is useless - fine. Wrong but fine. But what’s the thesis for the green frog? Money is a classic chicken-and-egg product. It is a scam up until one moment before tipping point, “most of the value comes from the value that others place in it.” Considering your resources and influence, I think it's safe to say you can serve as both the egg and the chicken and make it worth your while to push sound attempts towards tipping point. @cz_binance tweeted recently that “strong projects will be listed.” But binance is part of what defines "strong", it bears responsibility for the market’s compass and impulse and definition of strong. It is not a read-only entity. Binance listing fees are legit, they are just unfit for category cypherpunk. Kaspa devs and early supporters fairly mined less than half what satoshi and hals mined. We don’t have a 20% ZEC-style founders’ reward or protocol-enforced dev fund; this is not a jab at ZEC and the wonderful @Zooko, who was crashing in my car on a late Thursday back in the low ZEC MC days – if somebody deserves to win it is zooko – but assuming binance is not taking a maxi bet, it should revisit its relationship with hardcore crypto. We are here through bull and bear, ICOs NFTs XYZs; and we are the source of confidence that restores faith and capital inflow post meme-induced or CEX-induced crashes. Please fix this. Thanks again, hashdag cc @michaelsuttonil Exhibit A: Binance Innovation Zone Exhibit B: 10 bps Nakamoto Consensus