tropes.eth 🦇🔊

1️⃣ Which wallets are affected? ➡️ Your risk of loss is not determined by which wallet you are using *now*, it is more dependent on which wallets or systems you have imported your Seed Phrase into in the past.

Our financial system has a problem: it's stuck in the analog era, constrained by intermediaries who act as gatekeepers and middlemen to outdated infrastructure that has failed to keep up with the digital age. Today, I'll tell Congress how public blockchains are the solution.

The law firm that litigated the original Operation Chokepoint case in 2014 just published a whitepaper explaining how the banking regulators are using the same unlawful threats and pressure tactics against the crypto industry in 2023. This is a must read: prnewswire.com/news-releases/…

Ben Hunt (@EpsilonTheory) thinks the $BTC to $1M bet is BS 💩 Doomers just like to pull fire alarms, he says Ben Hunt is no friend of the Fed, but still thinks this Dollar Hyperinflation narrative is fake news Hear the other side of the argument 👇👇 youtu.be/-DzY_pCFGbI

Help @BlockchainAssn find out if regulators are debanking crypto. If your bank account is closed, or you try to open a new one and the bank says no, ASK WHY. If they respond vaguely, like "we aren't banking crypto," ASK WHY. Then tell us: debanked@theblockchainassociation.org

1/ Today, @BlockchainAssn sent FOIA requests to the Fed, FDIC, and OCC, demanding information about the unlawful debanking of crypto companies. We are also collecting evidence of debanking. Share your story with us: debanked@theblockchainassociation.org Here's the situation 🧵

1/ We're hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.

Why did René Magritte paint a man with his face hidden by an apple in 1946? And why did he call it The Son of Man? Welcome to the uncanny world of Surrealism...

1/ First off, I have a lot of sympathy for everyone involved in the current situation with FTX - it's stressful any time there is potential for customer loss.

Have you ever wondered why the world is full of box-shaped buildings with square windows, plain walls, and no ornamentation? Well, it's because of this house in Austria. It may look ordinary, but that's the point. It's actually 112 years old...

Leonardo da Vinci's "Vitruvian Man" is one of the world's most famous images. But what is it? Who the hell is he? Why does he have four arms and four legs? The answer probably has something to do with the room you're sitting in right now...

1/2 FinTwit is cheering for something to break so the Fed pivots and the stock market rallies. They don't understand what "something breaks" means. They think "something breaks" it has no direct impact on them but will get the Fed to pivot, which is a positive for them.

1/9 You've probably seen the bad legal takes and maxi screeches that "Proof of Stake is a security!" but felt there wasn't a resource to solve this. So I went ahead and made one: IsEthereumASecurity.com

We have two options. We can protect financial privacy and promote individual economic freedom by embracing public blockchains and the stablecoins they support. Or we can follow China's totalitarian lead by submitting to the panopticon of a CBDC. Which way, western democracy?

BTC supply increased by ~900 BTC yesterday, worth approximately $17.5M meanwhile, ETH supply increased by ~400 ETH, worth approximately $575K </endTweet>

If you don’t hold a bunch of conflicting thoughts, opinions and beliefs, you’re probably biased, or dumb. The world is complex.

Not legal advice, but the people who actually understand US securities laws will tell you that the merge not only *doesn't* make ETH appear more like a security, but in fact was a significant derisking event.

.@GaryGensler owes investors and innovators alike more clarity on how he intends to apply @SECgov regulations to digital assets.

The consensus and execution layers have been merged which means Ethereum is now a full Proof of Stake network! A heartfelt thank you to all the people that made this happen - your names will be forever etched in the history books of Ethereum. The Merge is here 🐼

And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.