Peter Smith

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Peter Smith

Peter Smith

@OneMorePeter

CEO, Founder & exec chair @blockchain.com. We build products that empower people and institutions to be part of crypto. Passionate about human economic freedom.

the internet Katılım Şubat 2014
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Peter Smith
Peter Smith@OneMorePeter·
1/ Thank you @realdonaldtrump for an inspiring private meeting yesterday. One thing is very clear: this is our time.
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Peter Smith
Peter Smith@OneMorePeter·
In an uncertain world 3 things are certain. The requirement for individuals, across the globe, to retain economic freedom, financial sovereignty, and digital privacy
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Peter Smith
Peter Smith@OneMorePeter·
From the legend who lives a bit further ahead on the timeline than the rest of us Unless something very lucky happens, I’m afraid he is most certainly correct
Balaji@balajis

I'm going to make some obvious points. (1) Blowing up all the oil infrastructure in the Middle East is an insane idea, and may well result in a global economic crash and humanitarian crisis unrivaled in the lives of those now living. We're talking about the price of everything everywhere rising, from food to gas, at a moment when inflation was already high. All of that will be laid at the feet of the authors of this war. (2) The antebellum status quo of Feb 27, 2026 was just not that bad, but we're unlikely to return to it. Expect indefinite, long-term, ongoing disruptions to everything out of the Middle East. (3) Also assume tech financing crashes for the indefinite future. The genius plan to get the Gulf states caught in the crossfire has incinerated much of the funding for LPs, for datacenters, and for IPOs. Anyone in tech who supported this war may soon learn the meaning of "force majeure" as funding gets yanked. (4) Many capital allocators will instead be allocating much further down Maslow's hierarchy of needs, towards useful basic things like food and energy. (5) It's fortunate that all those progressives yelled about the "climate crisis." Yes, their reasoning about timelines was wrong, and much of the money was wasted in graft, but the result was right: we all need energy independence from the Middle East, pronto. It's also fortunate that Elon and China autistically took climate seriously. Now they're going to need to ship a billion solar panels, electric vehicles, batteries, nuclear power plants, and the like to get everyone off oil, immediately. (6) It's not just an oil and gas problem, of course. It's also a fertilizer problem, and a chemical precursor problem. Maybe some new sources will come online at the new prices, but it takes time to dial stuff up, particularly at this scale, so shortages are almost a certainty. That said, China has actually scaled up coal-to-chemicals[a,c] (C2C), and there's also something more sci-fi called Power-to-X[b] which turns arbitrary power + water + air into hydrocarbons. But all of that will need to get accelerated. I have a background in chemical engineering so may start funding things in this area. (7) Ultimately, this war is going to result in tremendous blame for anyone associated with it. It's a no-win scenario to blow up this much infrastructure for so many people. Simply not worth it for whatever objective they thought they were going to attain. But unless you're actually in a position to stop the madness, the pragmatic thing to do is: scramble to mitigate the fallout to yourself, your business, and your people. [a]: reuters.com/business/energ… [b]: alfalaval.com/industries/ene… [c]: reuters.com/sustainability…

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Peter Smith
Peter Smith@OneMorePeter·
Scarce assets give everyone a way to store value with little dilution. That's why we just added tokenized gold to our app. Each XAUT token represents one fine troy ounce of gold stored in Swiss vaults. Fractional ownership. 24/7 trading. No vault required.
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Peter Smith
Peter Smith@OneMorePeter·
"Prediction market summer" lacks the ring of "defi summer" buttt is probably going to be far more interesting
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Peter Smith
Peter Smith@OneMorePeter·
We are now LIVE in Ghana! Lets go! 🚀 Ghana Cedis (GHS) is now officially supported as a fiat currency on @Blockchain. After 700% growth transaction volume in Nigeria, we are excited to expand operations to provide secure and safe financial tools. This is an important step in strengthening our presence across Africa and supporting one of the fastest-growing digital asset markets in the world.
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Peter Smith
Peter Smith@OneMorePeter·
Crypto is built by people willing to challenge the status quo, and the women across our team bring the talent, leadership, and perspective that make that possible. We’re committed to building an industry where more women can lead, innovate, and shape the future of finance. Thank you to all the women across crypto who are building and reshaping the world to help make economic freedom possible to everyone. Happy International Women’s Day!
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Peter Smith
Peter Smith@OneMorePeter·
Perfect shouldn't be the enemy of progress. Great chatting with @MorningsMaria on @FoxBusiness this morning. I agree with @FrenchHill: much of the CLARITY Act discussion belongs in rulemaking. We need a functional framework for the US digital economy today, not a decade from now. It’s time to put money back into the pockets of consumers. foxbusiness.com/video/63904859…
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Peter Smith
Peter Smith@OneMorePeter·
When you strip out the dollar inflation, we haven't seen a new high since December 2024
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FrankSchuil
FrankSchuil@FrankSchuil·
Let's roll.
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Peter Smith
Peter Smith@OneMorePeter·
When do we get to wear this hat again? First made in December 2024
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Milk Road
Milk Road@MilkRoad·
Bitcoin to $48K or $100K First? Why the Next Rally Would Hurt Most Investors w/ @blockchain Founder & CEO @OneMorePeter Everyone believes one of two things right now: • $BTC is going back to $48K • The bull run is over Peter’s view? Bitcoin chooses the path of maximum pain. Tune in to know more ⏱ TIME POINTS ⏱​ 00:00 – Intro 00:51 – Clarity Act Update 04:31 – Is Regulation Hurting Bitcoin? 07:06 – Cycle or Fundamentals? 09:40 – “Maximum Pain” Theory 12:58 – Midnight 13:17 – Warbux 13:44 – $48K or $100K? 17:06 – Bottom In? 18:36 – Sentiment at Extreme Lows 24:19 – When Does BTC Rally? 25:11 – AI vs Crypto 28:09 – Nexo 28:47 – What Is Blockchain.com?
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