blocktelligence 🤖

@CFTCbehnam stance on #bitcoin proof of work mining is misinformed. Here's why 🧵🪡 zycrypto.com/its-time-to-mo…

In May 2013, Andreas Antonopoulos spoke about decentralization to a nearly empty room in San Jose. Bitcoin was only $100–$120 back then. If you’d listened and invested, you’d be looking at a 700x return today.

This is a tectonic shift: "I want to own zero fixed income... I probably have some basket of gold, bitcoin, commodities and Nasdaq." The US fixed income market is ~$50T. If just a small portion of the market agrees, trillions will be leaving fixed income and looking for a new home... like Bitcoin.

JUST IN: 🇺🇸 Billionaire investor Paul Tudor Jones says, “All roads lead to inflation. I’m long gold. I’m long #Bitcoin”

1/ Let's talk about creator monetization and how we are building the "Roblox of Web3," allowing the Portals community to tap into a billion-dollar industry. 🧵

@qrimeCapital @MoonOverlord @E_Rex_Shawn Hot chocolate ☕️🍫

@MoonOverlord @E_Rex_Shawn What drug makes u move like that

What the hell is going on at the $WIF party? Who let these people out the basement 😭

“We’ve gradually gotten used to this environment where we can’t pay another person unless there is a corporation involved” Watch Rogan’s sinking realization when Andreas explains to him what this really means

We grew up on these streets @_portals_

El Salvador's #Bitcoin investments are in the black! After literally thousands of articles and hit pieces that ridiculed our supposed losses, all of which were calculated based on #Bitcoin’s market price at the time... With the current #Bitcoin market price, if we were to sell our #Bitcoin, we would not only recover 100% of our investment but also make a profit of $3 620 277.13 USD (as of this moment). Of course, we have no intention of selling; that has never been our objective. We are fully aware that the price will continue to fluctuate in the future, this doesn’t affect our long-term strategy. Nonetheless, it is important that the naysayers and the authors of those hit pieces take back their statements. The responsible thing to do would be for them to issue retractions, offer apologies, or, at the very least, acknowledge that El Salvador is now yielding a profit, just as they repeatedly reported that we were incurring losses. If they consider themselves true journalists, they should report this new reality with the same intensity they reported the previous one. We’ll see… Stay tuned!

The fact that Satoshi: 1) published the Bitcoin white paper before he launched it, 2) kept it on track for 2 years with upgrades, 3) disappeared without ever spending his own coins for profit, and 4) had such skill that people can't prove his identity, is... remarkable.

So looked into the Zhu Su arrest a bit more and it was for contempt - i.e. not cooperating with liquidators and providing requested information. Bit surprising because its rare to see such a long sentence for contempt of court. Normally fine or slap on wrist night in jail.

The final ruling for the SEC vs. Ripple lawsuit has officially come, declaring that most of Ripple’s sales of XRP did not constitute an investment contract. 🤖🚀 #xrp #crypto #CryptocurrencyNews

A Bitcoin ETF would potentially ignite the next bull run. However, it may ultimately burn another wave of new adopters as they fail to self custody their wealth. Financial Freedom is critical. Not your keys, not your #Bitcoin.

Only #Bitcoin offers an unthinkable property: it gets more valuable over time. This makes Bitcoin a singularly unique asset in the digital asset landscape, and in the entire history of store-of-value assets. Bitcoin is savings technology & there is no "next Bitcoin"

A 40 year old female friend of mine wants to buy #Bitcoin What’s the best intro 101 video that explains to her why she would want to hold her own keys rather than buy on an exchange? Preferably a female explaining it.

@TheWhyOfFI Great take @TheWhyOfFI 🧠💅🏻

We successfully prevented @POTUS' 30% digital asset mining tax from being included in the debt ceiling deal but the fight is far from over. I am working on a regulatory framework that will allow individuals and companies to own and trade digital assets in America. Stay tuned...

Less than two days later, they have announced that they are delisting Cardano $ADA, Solana $SOL & Polygon $MATIC. All based on nothing but accusations by the SEC. What happened to due process?

It's Friday night, the kids are in bed, the biggest piece of crypto legislation for this year has dropped—the McHenry-Thompson bill on market structure— so let's get this party started. Here’s a deep dive into the bill’s contents. Thread docs.house.gov/meetings/AG/AG…

#Tether to mine #Bitcoin using #RenewableEnergy 🤖✅ cnbc.com/2023/05/30/sta…