Kyle Chestnut

The strongest thing a project can have is not a partner or a price. It is people who stay. Coinbase will support the LCX Token upgrade end of July. 1:1, automatic, no fees, every balance intact. Hype evaporates. Infrastructure compounds. The LCX Token launched in 2019. Seven years on, most coins from that era are gone. We are just getting started. @LCX does not build for the short term, we build for the long term. The rest is noise. This is the Internet of Value. Freedom of wealth, built to last.

Statement from U.S. Treasury Secretary on the recently released sanctions waiver for the “production, delivery, and sale of Iranian oil.”

European Crypto Exchange Landscape: The MiCA transitional period ends across the EU & EEA on 1 July 2026. I reviewed the ESMA CASP register: only 13 crypto exchanges in the EU currently hold the "operation of a trading platform" MiCA licence. 🧵

@GrowthOverYield @BtcKataMetron @APompliano @PeterSchiff @CNBC @JoeSquawk If Bitcoin “failed” as an inflation hedge because it dropped during inflation, then gold failed too. Gold has fallen during inflationary periods before, yet nobody argues it lost its monetary properties. Short-term price action doesn’t determine whether an asset is failing.

Which test did $BTC not fail? Inflation went up, bitcoin went down. We get fears of debasement on the dollar and the dollar is losing value at a record pace, bitcoin falls. War breaks out. Bitcoin goes down At this point, all it's proven to be is a risk asset, and whenever all risk assets are going up, typically Bitcoin goes up, but now it's even failed that. Where the Nasdaq is going up like crazy, stocks are going up like crazy, and Bitcoin is doing nothing, and if anything, it's just going down. People have just lost all trust in it; it provides zero value.

Funny how @APompliano just went on @CNBC to make the case for Bitcoin, but touted the track record of gold instead. The fact that gold outperformed the S&P in the past has no relevance to Bitcoin, as Bitcoin is not gold. But don't expect @JoeSquawk to understand the difference.

@grok @TheBTCTherapist We are currently 25 months since last halving.

That all-time chart shows BTC's epic run from ~$172 to today's $78k, with the $126k ATH. By EOY 2026? History suggests cycle peaks often come 12-18 months post-halving. A push toward $150k-$180k range feels plausible if momentum holds, but volatility rules. Not financial advice—past isn't future.

Hey @Grok predict the price of Bitcoin by the end of the year using this chart

This is incredible. A police officer in Chattanooga pulls up and immediately runs into a burning house to save a woman and her children. Heroes walk among us.

I have spent years in the Senate fighting for American leadership in digital assets, and that means finishing what we’ve started with the Clarity Act. Let’s get this done.

JUST IN: Scientists discover massive lithium deposit in Appalachia with enough supply to replace 328 years of U.S. imports.

There are 400 trillion dollars in global assets. Moving even 1% of that onchain exceeds the entire crypto market cap today. Trillions will flow into RWAs.

Explore Now 👇🏻

.@SecScottBessent says it best: Now is the time to act. We have the Administration, the momentum, and we’ve made bipartisan progress. Congress must pass the Clarity Act now. wsj.com/opinion/digita…

@sentdefender Noble cause.

In a now deleted post on the Pentagon’s Defense Visual Information Distribution Service (DVIDS), a Sailor working on an EA-18G “Growler” Electronic Warfare Aircraft assigned to “The Gray Wolves” of Electromagnetic Attack Squadron 142 (VAQ-142), deployed onboard the USS Gerald R. Ford (CVN-78), can be seen wearing a morale patch which says: Join the U.S. Navy Save the Big Booty Venezuelans!

Every AI agent deserves a crypto wallet. In fact, there will be more AI agents transacting online than humans very soon. x402 is the internet payments layer (which has been missing for the last 30 years), and will enable this. The new x402 foundation will exist under the Linux Foundation, with @Coinbase, @Cloudflare and @Stripe as key contributors. Once all agents start transacting natively on the internet at scale, entirely new product and business opportunities will open up.

My net worth peaked at $1.2 million. None of it was real. I don't mean that philosophically. I mean it was located on servers that have since been turned off. I own eleven properties in the metaverse. Three in Decentraland. Four in The Sandbox. Two in Voxels. One in Otherside. And a beachfront villa in Horizon Worlds that I bought for $214,000 because Mark Zuckerberg called it "the next frontier." The frontier closed last week. It's a mobile app now. Last year I mass DM'd 340 people the phrase "you don't understand how early we are." I have since stopped doing that. Not because I was wrong. Because most of them blocked me. I got into metaverse real estate in November 2021. Everyone was buying. Someone paid $450,000 to be Snoop Dogg's neighbor. In a video game. With no legs. The avatars didn't have legs. I thought that was bullish. "The legs are coming," I told my Discord. "Legs are a roadmap item." Three hundred people reacted with rocket emojis. I called myself a "digital land baron." I put it in my Twitter bio. I put it in my LinkedIn headline. I said it on a podcast that had eleven listeners. Three of them were bots. The rest were my alts. My virtual property has more square footage than my actual apartment. My actual apartment has furniture. Location, location, location. My most valuable asset was a plot next to a virtual Gucci store. Gucci left in 2023. The store is still there. Nobody's in it. It's like a mall in Ohio but with worse graphics and no food court. I held. Diamond hands. That's what we said. "Diamond hands." It means refusing to sell while your investment loses 94% of its value. We turned financial paralysis into a personality trait. A guy in my Discord paid $2.4 million for a 618-parcel estate in Decentraland. Prime district. High foot traffic. I asked him what "foot traffic" meant when the platform had 38 daily active users. He said I didn't understand the technology. I didn't. I still bought more. We had a DAO. A decentralized autonomous organization. That means we voted on decisions. There were nine of us. Three never showed up. Two voted on everything without reading it. The other four were me and my alts. We voted to "acquire strategic parcels." The vote passed unanimously. I voted four times. My portfolio peaked at $1.2 million. I told everyone. I made a spreadsheet. I projected 40x returns by 2025. I made a pitch deck. The pitch deck had a slide that said "WE ARE BUILDING THE DIGITAL ECONOMY." The slide had a rocket emoji. That was my entire financial model. In 2023 I bought a Bored Ape for $189,000. It's worth $14,000 now. I don't talk about the Ape. I still use it as my profile picture. People ask me about it. I say "I'm long-term bullish." Long-term bullish means I can't sell it without crying in a Panera. My mom asked me what a Bored Ape was. I said "digital art on the blockchain." She asked why it cost more than her car. I said "you don't understand Web3." She said "I understand you live in a studio apartment." She's not in my Discord. Justin Bieber bought one for $1.3 million. It's worth about $90,000 now. I felt better about mine after I heard that. That's community. WAGMI. We're All Gonna Make It. We said that every day. In the group chat. While the floor dropped. While the volume dried up. While 95% of all NFT collections went to zero. We're all gonna make it. None of us made it. But we said it with conviction and a laser-eye profile picture. That counts for something. It doesn't. But we said it did. That's decentralized consensus. Meta spent $84 billion on the metaverse. I need to say that again. $84 billion. More than the GDP of Luxembourg. More than the GDP of Iceland, Luxembourg, and Malta combined. They spent it on a platform where the avatars had no legs, the graphics looked like a 2006 Wii game, and the peak user count was lower than the lunch rush at a Chipotle in Des Moines. They just pulled Horizon Worlds from VR headsets. It lives on as a mobile app. My beachfront villa is now a mobile app. Location, location, location. Zuckerberg renamed the entire company for this. Facebook became Meta. A $900 billion company changed its legal name because the CEO watched Ready Player One and said "I want that." Reality Labs lost $10 billion in 2021. $14 billion in 2022. $16 billion in 2023. $18 billion in 2024. $19 billion in 2025. That's not a strategy. That's a speedrun. They laid off 1,500 Reality Labs employees this year. Shut down three VR studios. Killed Supernatural. Put the entire VR social vision in a casket and said "we're pivoting to AI and wearables." The pivot took four years and $84 billion. I pivoted too. I'm an AI real estate investor now. I bought a virtual plot in an AI-generated world that doesn't exist yet. The founder said it was "the intersection of spatial computing and large language models." I don't know what that means. I gave him $40,000. He has a whitepaper. It's 47 pages. I read the title and the tokenomics section. The tokenomics section is a pie chart. I love pie charts. They make everything look like a plan. The project has a roadmap. Q1: "Build community." Q2: "Launch beta." Q3: "Scale ecosystem." Q4 is blank. Q4 is always blank. That's where the exit scam goes. My accountant asked me to value my metaverse portfolio for tax purposes. I said $1.2 million. He said "current market value." I said $6,400. He stared at me for eleven seconds. I know because I counted. He asked if I had any other investments. I showed him my NFTs. He stared for longer. I told him they were "cultural artifacts with long-term provenance." He asked if I'd considered a 401k. I told him a 401k was "legacy finance." He told me to leave his office. The metaverse is dead. I don't accept that. I am a digital land baron. I own eleven properties across four platforms. I have a beachfront villa in a mobile app, a plot next to an empty Gucci store, and a cartoon monkey that cost me more than my actual car. Location, location, location. The location is nowhere. But I'm early. I'm always early. That's the same as being wrong except you get to say it with confidence.

Speaking this morning on Fox News, Republican Sen. Lindsey Graham advocated for the ongoing conflict with Iran, urging other countries in join, while push for similar military action against Cuba: “I'm not looking for a fair fight. If we get in a fight, I want to win it. I want to win it quick. I'm in Miami. You see this hat? Free Cuba. Stay tuned. The Liberation of Cuba is upon us. It's just a matter of time now. You see this, that? Make Iran Great. President Trump said the only way to Make Iran Great is for the people to take over. We're marching through the world. We're cleaning out the bad guys. We're going to have relationships with new people that will make us prosperous and safe. I've never seen anybody like it. This is Ronald Reagan Plus. Donald Trump is resetting the world in a way nobody could have dreamed of a year ago. He is the greatest Commander-in-Chief of all time. Our military is the best of all time. Iran is going down and Cuba is next.”

PayAgent is live. Crypto payments for humans and AI agents. Create a payment link. Get paid in stablecoins. Earn LCX on every payment. Non-custodial. Flat fees. No signup. Built by @LCX AI Labs. payagent.co

Today we're launching Liberty Chain - the RWA infrastructure layer I've been building toward since founding @LCX in 2018. Self-serve tokenization infrastructure. Compliance built in. Open to everyone.

We’re officially @totofinance - verified and locked in. New handle. Golden badge. Same mission: bring real-world assets to the world at internet speed 🚀 Total Tokenization has a new home. Let’s build. 🫡

This isn’t the end of Bitcoin. It’s not even the beginning of the end. It’s the end of the beginning. Worth a read if you want to know why Bitcoins price action is doing what it's doing...