Paco de la India

11.9K posts

Paco de la India banner
Paco de la India

Paco de la India

@RunwithBitcoin

Human node connecting bitcoin business globally. Writing a book too. #npub1v67clmf4jrezn8hsz28434nc0y5fu65e5esws04djnl2kasxl5tskjmjjk

Somewhere 🌍 Katılım Mayıs 2021
2.9K Takip Edilen18.7K Takipçiler
Sabitlenmiş Tweet
Paco de la India
Paco de la India@RunwithBitcoin·
Yo yo #bitcoin fam ⚡ Big news: I will make the book open source (Free PDF) after 12 months of publishing, subject to final talks with the Indian publisher. We’re at 40% on the Geyser campaign. It's All-or-Nothing Campaign & with only 8 days left. If my journey inspired you..
English
12
58
153
21.3K
Vitus Zeller [bitcoin road runner]
Pls join in and support Paco's book. It will be a great read and his journey will always be part of Bitcoins history!
Paco de la India@RunwithBitcoin

Yo yo #bitcoin fam ⚡ Big news: I will make the book open source (Free PDF) after 12 months of publishing, subject to final talks with the Indian publisher. We’re at 40% on the Geyser campaign. It's All-or-Nothing Campaign & with only 8 days left. If my journey inspired you..

English
1
0
2
34
GekkoScience 🇺🇸
GekkoScience 🇺🇸@GekkoScienceLLC·
@RunwithBitcoin You're very welcome. We're tired of the misinformation and distraction tactics. The Truth needs to set the community free.
English
1
0
1
8
GekkoScience 🇺🇸
GekkoScience 🇺🇸@GekkoScienceLLC·
People will write essays convincing you anyone building miners before Bitaxe are evil... Meanwhile us independent engineers were the only force stopping Chinese mining manufacturing from singlehandedly taking over the planet. Closed-source hardware designs don't keep you from opening up your hardware and learning about it. They also don't keep other engineers from designing their own miners. However, closed-sourced IP *does* keep richer manufacturing plants & really any entity with mal-intent hoping to profit off of your hard work from: copying/stealing your small shops' R&D design time, prototypes, and frankly the ability to feed your family. 💀 Be wary of anyone who positions Axe/Open-Source as a defaulted moral imperative so they can make more money off of you. Open-Source licensing design work is a donation rarely ever funded, and should not be forced from anyone. Most of us have to feed our families. Open-source progressions should also keep the question "how will larger and richer manufacturing companies abuse small businesses through copying these works" in mind... because they have and they absolutely will again. Do you have an expensive part-placing robot necessary to build these miners at your house? No? Then the design is not actually out there for *you* the average person to build and own. I don't think these moral marketing campaigns want you to realize these things though... 💀
GIF
English
9
8
43
1.2K
Paco de la India
Paco de la India@RunwithBitcoin·
If you liked this and want to read more, grab your copy here: geyser.fund/project/proofo… It’s an all-or-nothing campaign! If the target isn’t reached, every sat goes back to you. 5 days left, 43% still to go 🙂 Thank you & Namaste🙏
English
0
0
1
112
Paco de la India
Paco de la India@RunwithBitcoin·
LETS GO! Here’s a clip of me reading a chapter from my upcoming book to an audience at the newly opened Bitcoin House in Colombo, Sri Lanka 🇱🇰 Title: The #bitcoin Key Maker Date: 23rd February 2022 Block Height: 724,611 BTC Price: $37,216 Hosts: @btcsrilanka @bitcoinsaj
English
1
8
28
758
Paco de la India
Paco de la India@RunwithBitcoin·
@jicamet Thank you kind ser :) I learnt my lesson. or should I say still learnring :)
English
1
0
1
9
1
1@jicamet·
🌌 = 1 Here is the clean, complete explanation, with no metaphors and no gaps. Bitcoin is the only native digital asset because it is the only one whose existence is constrained by objective work. Its supply is produced through energy expenditure, time, and physical limits. Nothing else in the digital domain shares this property. Stablecoins are not neutral tools. They are fiat instruments recreated inside a digital environment. Each stablecoin is a claim on dollars, backed by debt, reserves, or promises, not by work. When stablecoins dominate exchange, fiat becomes the unit of account inside a Bitcoin market. This creates the core distortion. Bitcoin does not discover its value in bitcoin terms. It is continuously repriced in fiat terms. Stablecoins enable this by doing three things simultaneously: • They import fiat liquidity directly into crypto markets • They allow massive leverage based on fiat debt • They make fiat the reference unit for all price signals As a result, Bitcoin’s quoted “price” becomes a derivative of fiat leverage activity, not a reflection of Bitcoin’s production cost or real economic use. This is why volatility is extreme. Leverage amplifies fiat movements. Bitcoin absorbs the shock, even though nothing about its production changes. Stablecoins do not take bitcoin from the market cap mechanically. They steal something more important: signal dominance. They ensure that value is measured in fiat, not in bitcoin. They keep Bitcoin subordinate to a collapsing measurement system. Any non-bitcoin digital asset does the same thing. It competes for monetary attention without being anchored to work. It fragments monetary reality into claims, tokens, and abstractions. That is why the statement “the only digital asset is Bitcoin” is not ideological, but structural. Without stablecoins, exchange does not vanish. It becomes honest. Bitcoin would be exchanged directly for goods, services, energy, and time. Price discovery would occur through real economic activity, not leveraged speculation. Volatility would reflect changes in productivity and demand, not debt cycles. Stablecoins exist only because fiat has not yet been abandoned as the unit of account. They are a transitional artifact of a dying system. As long as they dominate, Bitcoin appears unstable. When they fade, Bitcoin becomes legible. So the problem is not that stablecoins exist. The problem is that they delay the inevitable shift where Bitcoin becomes the measure, not the measured. That is the full explanation.
English
1
0
0
30
Paco de la India
Paco de la India@RunwithBitcoin·
Amazing! #Bitcoin goes up and somehow my life gets 25% harder. Started my Geyser campaign when Bitcoin was around $ 65K, right after the Middle East situation escalated, and I thought I was being clever by building in a 10% downside buffer so I wouldn’t get caught off guard.
Paco de la India tweet media
English
2
5
30
1.2K
Gabriel Kurman
Gabriel Kurman@GabrielKurman·
Challenge of the week: ✅ Support for Paco’s great work ✅ Learn how he lived on Bitcoin ✅ Experiment Bitcoin crowdfunding ✅ Imagine all the things that can be built on Bitcoin via Rootstock
Paco de la India@RunwithBitcoin

Update 2 👋🏼 54% goal achieved 5 days to go in this All or nothing campaign 😃 Thank you #bitcoin fam for all the pre orders! Do you wanna hear me narrating one of the chapters from the book. It's about the the bitcoin keymaker' in Sri Lanka 🇱🇰 Uploading soon :)

English
1
3
8
488
Keith Mukai
Keith Mukai@KeithMukai·
Help @RunwithBitcoin hit his fundraising goal so he can finish his book!! Paco is uniquely positive and unstoppable, seems to be fluent in every language, and instantly makes friends wherever he goes. The best bitcoin ambassador we could've hoped for. geyser.fund/project/proofo…
Keith Mukai tweet mediaKeith Mukai tweet media
English
2
1
7
436
Paco de la India
Paco de la India@RunwithBitcoin·
Update 👋🏼 We hit 50% goal on All or Nothing campaign on @geyserfund Thank you everyone. 50% to go , 7 more days We got this. Let's go #bitcoin fam :) Here is the link to preorder your copy. We also have leather bound copies for you :) geyser.fund/project/proofo…
English
10
15
68
3.2K
Paco de la India retweetledi
Geyser ⚡️
Geyser ⚡️@geyserfund·
Just in: In the last 24 hours, Paco's book campaign received 1M sats thanks to many contributors! ⚡ Every sat helps bring his 42-country Bitcoin journey closer to print. Thank you to everyone supporting the story. 🧡📖
English
2
6
21
800
Paco de la India
Paco de la India@RunwithBitcoin·
Update 2 👋🏼 54% goal achieved 5 days to go in this All or nothing campaign 😃 Thank you #bitcoin fam for all the pre orders! Do you wanna hear me narrating one of the chapters from the book. It's about the the bitcoin keymaker' in Sri Lanka 🇱🇰 Uploading soon :)
English
3
8
20
1.2K
Jim
Jim@elkrun21·
Saylor is promoting Ethereum. Saylor is promoting the Runes protocol on the Bitcoin network. Saylor is promoting issuance of stablecoins on the Bitcoin network. Saylor is promoting issuance of staking tokens on the Bitcoin network. Saylor is promoting the use of the Bitcoin network to support tokenized synthetic bitcoin tokens on L2s. Saylor is telling folks to exchange their BTC for stablecoins, in part so they can earn yield on those stablecoins. That yield is provided by STRC, which is purchased by entities within the stablecoin ecosystem described above. Saylor/Strategy then takes the proceeds from those entities buying STRC and buys a boatload of BTC themselves. Saylor use to tell folks to buy and hold BTC, there is no second best. Saylor now tells folks to buy a security or a stablecoin instead. Here's what's involved in the stablecoin money flow. Two different stablecoins, one riding on Ethereum, one riding on Bitcoin. Two different staking tokens, one on Ethereum, one on Bitcoin. One synthetic bitcoin token riding on an L2, which uses the Bitcoin network. One security, and last, but not least, some actual bitcoin. What could possibly go wrong? Here's the kicker, in that whole process, the only entity not buying and holding BTC is the individual customer. It's an unbelievably complex thing. I'm almost hesitant to even post this out of fear I'm going to look like an ass because there's no way this monstrosity could exist, and I'm just making shit up. Who knows maybe I've misunderstood it all, but I don't think so. Taproot and OP_RETURN are the two key aspects of the Bitcoin protocol enabling the Bitcoin network to be used for all this non-bitcoin stuff. All except Strategy are VC-backed. Here are all the entities, protocols, outputs and tokens involved for the privilege of exchanging your BTC for a yield bearing stablecoin: Hermetica (USDh, sUSDh) enabled by Runes/OP_RETURN on Bitcoin. Saturn (USDat, sUSDat) on Ethereum. Stacks (sBTC) on bitcoin L2, enabled by Taproot on Bitcoin. Strategy (STRC, MSTR) - securities.. Oh and some BTC, mostly flowing away from the individual into STRC. Unbelievable. No way this will turn into another FTX, BlockFi, Celsius, Voyager, Three Arrows Capital, etc.. No way. This time is different. How do you sleep at night Saylor?
Jim tweet media
English
62
58
247
53.3K