David Du₿ois

9K posts

David Du₿ois banner
David Du₿ois

David Du₿ois

@all_things_btc

#Bitcoin/$MSTR ONLY pleb (2021). Jawa / Engineer / Scientist in real life. Podcast lover. Shitcoin hater. Occasional attempts at humor. Not my real name.

NOT FINANCIAL ADVICE Katılım Mayıs 2021
4K Takip Edilen6K Takipçiler
David Du₿ois retweetledi
Gold Market Chartbook
Gold Market Chartbook@goldchartbook·
It takes a record long 90+ hours of work for the average worker in the USA to buy 1 ounce of gold. 👀 maybe gold is overvalued maybe the dollar is being devalued (p.s. ...both can be true!)
Gold Market Chartbook tweet media
English
3
17
60
21.4K
David Du₿ois retweetledi
Adam Livingston
Adam Livingston@AdamBLiv·
IT IS IMPOSSIBLE TO RETIRE WITHOUT BITCOIN Let's dive into the INFLATION MATH to show you why it is IMPOSSIBLE for the average person to retire in the fiat system. Bitcoin is the only way out. Send this to your loved ones to SAVE THEM from DECADES of SERFDOM!
English
34
111
501
36.9K
RenegadeTV
RenegadeTV@realRenegadeTV·
If you look at how is is beginning to flatten out, you will understand why there will be a major shift from BTC to utility very soon. It is coming and BTC maxis are going to freak. We have been warning about this for quite some time. This is a different era now. Clarity and Utility = SHIFT IN ASSET HOLDING
English
3
0
0
968
Wicked
Wicked@w_s_bitcoin·
The world’s currently valued at 4.1 billion bitcoin. But here’s the thing…there will only ever be 21 million bitcoin.
English
43
128
816
93.9K
David Du₿ois
David Du₿ois@all_things_btc·
@BTCyolo1 Comparing BTC/share between companies is meaningless. mNAV is the correct metric.
English
0
0
1
37
Based Bitcoiner
Based Bitcoiner@BTCyolo1·
Which stock gives you the most BTC per share? • $MSTR: 0.00198 BTC/share, 2.1 NAV • $SMLR: 0.000342 BTC/share, 0.86 NAV • $MARA: 0.00014 BTC/share, 1.09 NAV • $MTPLF: 0.000015 BTC/share, 7 NAV My pick? $SMLR.
English
29
10
96
15.8K
Quantum333
Quantum333@Quantum3966·
BTC being up almost 3% and MSTR being in the red is not a good sign. Thoughts ? #BTC #MSTR
English
167
6
413
74.1K
David Du₿ois
David Du₿ois@all_things_btc·
@KtTrades You sold when market cap was below BTC holdings? That is a massive buy signal.
English
0
0
1
40
StripMallGuy
StripMallGuy@realEstateTrent·
Serious q how often do you get a haircut?
English
462
3
287
163.1K
Chace Chambers
Chace Chambers@ChamberofFit·
"I don't have time to eat healthy." B.S. Here are 13 of my favorite healthy, high protein meals that take less than 20 minutes to make & will get you fit as f*ck:
English
130
590
14.4K
12.4M
Etc.
Etc.@ec265·
$ETH premine FUD seems to be making a comeback, but it has never made sense to me. Premining is the act of mining or creating a quantity of blockchain-based tokens or "coins" before a cryptocurrency is released to the public. $ETH launched with a 72M supply. 83% of that was a public sale and 12M was allocated to developers and the Ethereum Foundation in order to fund the ecosystem. This certainly meets the definition of a premine and I have no issues with that. But my issues are two-fold; 1. If the definition of a premine is mining coins before the public, how on Earth can Satoshi mining the initial supply of BTC not be considered an equivalent. The fact that the public *could in theory* is neither here nor there - they did not. Satoshi and insiders mined initial BTC as they were the only ones doing it. There is no 'immaculate conception' - it is by definition not possible to be public if there is no public knowledge of it. And the irony is that the $ETH pre-sale *was* public and available to a much wider set of market participants. 2. Current coin distribution is more important than historic coin distribution. Since $ETH's ICO, the supply of $ETH has nearly doubled. Straight away that means that new issuance diluted the initial allocation - the allocation of 12M, which was 16% at the time, is now 10%. And this assumes that the allocation has been held. But we know from the constant FUD around the EF selling their tokens (the very thing they said they would do and the exact reason for the premine, by the way) that part of this initial allocation has been sold. When you look onchain you can see that at least half of premine coins have been sent to exchanges i.e. they have been sold. $ETH has broader utility within the network and so changes hands much more than BTC - this leads to distribution. This is good. And not to confuse this with PoS FUD, but $ETH had 7 years of PoW distribution as well. The coins didn't make anyone rich overnight - they helped grow an ecosystem. All of this just doesn't make sense. New market participants are far too easily psyopsed by single words, rather than understanding any form of nuance. It's exactly the same with fixed supply vs. unlimited supply (though I'll save the Bitcoin security budget issue for another day). Just as a premine isn't inherently bad, neither is an unlimited supply. Yet 'premine' and 'unlimited supply' FUD is all to easily thrown around. /rant
English
44
59
464
39.3K
AdrianoFeria.eth 🦇🔊 🛡️
Why the U.S. Needs an Ethereum-Centric Strategic Crypto Reserve -Ethereum is the ultimate expression of free speech, capitalism, and free markets. It’s a permissionless network that lets anyone create assets and applications, transact, and exchange information with complete freedom. It embodies the American spirit into it's design and network. -Ethereum’s unique dynamic issuance model automatically adjusts subsidies based on network fees, ensuring sustainable security without relying on BTC's fixed issuance schedules that will very likely jeopardize the network's security in the future. It is critical to point out that 99% of BTC's miner's revenue is financed by issuing new coins while BTC's fee generation capabilities have regressed over the years - this is not sustainable. -No protocol-level taxes or artificial price floors, just a pure free-market approach. -A scaling framework that allows Ethereum to ossify its base layer while evolving via Layer 2 rollups, driven entirely by market forces. Real-world adoption can scale organically on L2s. -Ethereum holds the vast majority of real-world tokenized assets and it is the most dominant network by a large margin for USD stablecoins. USD stablecoins reinforce dollar dominance and positions Ethereum as the critical choice for a strategic reserve that is aligned with national interests. -Ethereum’s native staking mechanism provides a consistent, on-chain yield, enabling the USA government to earn passive revenue while securing the network and reinforcing America’s economic interests. -Industry leaders Coinbase, Kraken, Sony, Samsung, Deutsche Bank are all building on Ethereum’s rollup-centric model. This deepens Ethereum’s network effects, proving it’s the most resilient chain for real-world applications. -Ethereum's L2s also offer customizable fee markets, it incentivizes competition and participants autonomy to upgrading execution technology, it allows for easier regulatory compliance, and provides a monetization framework that can be used to provide services like fraud protection and customer support, key for global-scale adoption, something monolithic L1s can’t match. -Looking at the distribution of validators vs. Bitcoin’s miner concentration highlights Ethereum’s deeper decentralization. A handful of BTC mining pools can command the majority of hashrate, while ETH staking is more widely dispersed among thousands of validators, with no single entity exceeding a third of total stake. -An American Strategic Ethereum Reserve is not just prudent, it’s essential for preserving national security, economic leadership, and technological innovation. America can’t afford to miss out on the future of finance, and that future is being built on Ethereum.
AdrianoFeria.eth 🦇🔊 🛡️ tweet media
English
20
67
304
15.2K
William
William@JRBXYWolffe·
To all you ‘BTC Bros’ out there. 1) Trump is NOT a fan of BTC. He doesn’t even understand what BTC is or why it’s important. He was pandering to voters during his campaign (duh). 2) BTC does not have nearly the market cap or ‘value structure’ for any massively large company like Apple, Nvidia, Microsoft etc to take it seriously let alone a country like the US. For that reason, the US will NOT be actively buying BTC anytime soon. 3) Trump loves gold, oil, land etc That’s not gonna change while he’s alive. He also loves the USD as the world’s currency. Buying BTC does NOT make peace with the previously mentioned assets/commodities. 4) The ONLY person who has a remote chance to ‘orange pill’ Trump is NOT Saylor. It’s Musk. And Musk is not a big advocate of BTC either. For these reason, and others, we will NOT see the type of BTC strategic reserve that all these retarded BTC Bros keep preaching about. The very best you could hope for is that the US keeps the BTC they have and HODLs them. End of story
English
131
6
135
36.8K
David Du₿ois
David Du₿ois@all_things_btc·
@HaileyLennonBTC Wire haired pointing griffon (high energy dogs, ideally need to run a bit every day)
David Du₿ois tweet media
English
0
0
0
70
Hailey Lennon
Hailey Lennon@HaileyLennonBTC·
What’s the best non-shedding dog. I want a dog 🐶
English
390
0
159
72.7K
David Du₿ois
David Du₿ois@all_things_btc·
This is funny - even the shitcoiners know deep down that bitcoin is the only thing reserve worthy.
English
5
0
10
492
AdrianoFeria.eth 🦇🔊 🛡️
AdrianoFeria.eth 🦇🔊 🛡️@AdrianoFeria·
I've said this a million times, and I will keep saying a trillion more: the only thing Bitcoin has done right over the past few years is marketing and lobbying. Bitcoin's beginning was principled and sparked a revolution, but what remains of the Bitcoin community has turned it into a hostile network that goes against the very principles that led to its creation in the first place. Ethereum is the spiritual successor to what Bitcoin once was, and I have zero problems being insufferable about it. Bitcoin talking heads have dominated airtime on mainstream media and have become entrenched because Bitcoin was first to market and enjoyed a big head start with regulatory clarity over the rest of the crypto market. This allowed them to effectively brainwash the market with half-truths, omissions, and misinformation that, under the limelight of mainstream media and high profile promoters, has gone almost completely unchecked for a very long time. The key to a narrative change lies in debunking the myth that the 21 million supply cap is unconditional, and understanding what the conditions for honoring it are and when potential problems will begin manifest, hint, it will be way before the last Bitcoin is mined. The beginning of truth: Bitcoin "miners" are actually much closer to Bitcoin bankers. The only purpose of real world mining is to introduce commodities into the market. A monetize commodity like gold would greatly benefit if all miners disappeared because there would be no new supply, but that is not how Bitcoin works. The purpose of Bitcoin miners is to process transactions, without which Bitcoin holders cannot send or receive any coins. No miners means no transactions, and too few miners still would greatly erode the properties that make Bitcoin valuable, such as being permissionless and resistant to censorship. So, the real role of Bitcoin miners is that of bankers, and the true source of revenue for these bankers is the issuance of new coins, with approximately 99 percent of their revenue coming from newly minted coins. This is the root of the problem, and this is why it is nonsense to claim the 21M supply cap is unconditional while demand for onchain transactions keeps dwindling. Once you have that wrapped in your mind, you can start digging deeper, and you will begin to understand why ETH is the apex store of value asset. The store of value market is the most valuable in all of crypto. If we do not recognize this, and if we are not vocal about it, we are allowing BTC talking heads to monopolize this market, in which they are actually the second best.
English
16
13
152
11.4K
David Du₿ois
David Du₿ois@all_things_btc·
@Savanna_ray1 Class of 2021, so not an OG. Experience was painful in 2021 and 2022. Me personally, kept believing, plugged my nose, kept stacking even harder.
English
0
0
0
43
David Du₿ois
David Du₿ois@all_things_btc·
@Adelgary It was, until the China mining ban. Might want to get your T levels checked.
English
0
0
1
62
Adelgary
Adelgary@Adelgary·
"Consolidating around $100k for months is bullish!" Was consolidating around $60k in 2021 bullish?
Adelgary tweet media
English
270
22
744
103.7K
World of Engineering
World of Engineering@engineers_feed·
Has anyone actually used the Pythagorean theorem in real life and why?
English
928
92
1.9K
385.9K
AlphaFox
AlphaFox@alphafox·
Lets settle this - are tattoos sexy or trashy?
English
3.5K
99
1.8K
845.6K