Alex Thorn

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Alex Thorn

Alex Thorn

@intangiblecoins

Head of Firmwide Research $GLXY @galaxyhq @glxyresearch Bitcoin / Crypto / AI 🎙️https://t.co/C0Vf35sWm9 Former VC @Fidelity Patron @pubkey_nyc disclaim https://t.co/wlEnSXUSy7

🇺🇸🛩🌐 Katılım Ağustos 2017
999 Takip Edilen58.4K Takipçiler
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Alex Thorn
Alex Thorn@intangiblecoins·
HISTORY IS LONGER THAN YOU THINK no global leader alive has governed under a hard money standard. not one will that always be true? i don’t think so bitcoin disrupts — not by accident, but by design
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Alex Thorn
Alex Thorn@intangiblecoins·
our new report explains the problem, urgency, potential solutions, and spotlights the various efforts under way.. from BIP-360 to hourglass and sphincs+, commit/reveal, seed phrase ZKPs, and much more great report from @wowens galaxy.com/insights/resea…
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Alex Thorn
Alex Thorn@intangiblecoins·
quantum computing may threaten classical cryptography, including the crypto that powers bitcoin transactions if there’s even a chance that’s true, the bitcoin community should work to prepare and mitigate the good news is that bitcoin devs are indeed working on it
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Alex Thorn
Alex Thorn@intangiblecoins·
@villamilalx everything is at risk, but those centralized entities (and other cryptos) can upgrade much more easily bitcoin’s difficulty to upgrade is a feature, not a bug, but it means that good work and consensus building is required if an upgrade becomes essential or even existential
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Amil
Amil@villamilalx·
@intangiblecoins Are central banks, commercial banks, the pentagon more at risk? My 4 letter pin is harder to decrypt than bitcoin wallets?
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Alex Thorn
Alex Thorn@intangiblecoins·
this website is overridden with slop is this the trough were meant to feed at? honestly i wonder. there will be a trough x might be it. it’s getting very bad
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Alex Thorn
Alex Thorn@intangiblecoins·
@gothburz this might be the single worst engagement slop i’ve seen on this website. kudos. i’m genuinely impressed
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Peter Girnus 🦅
Peter Girnus 🦅@gothburz·
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.
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Alex Thorn
Alex Thorn@intangiblecoins·
the SEC spent 2017-2024 arguing in court that tokens are securities today it published a 65-page interpretation saying most of them aren't the gensler era is formally over ✨
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Alex Thorn
Alex Thorn@intangiblecoins·
@hodlonaut based on this, it seems like she got disillusioned with blockchain and crypto and then saw the bitcoin light after talking to adam and meeting bitcoiners?
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Alex Thorn retweetledi
Galaxy Research
Galaxy Research@glxyresearch·
US Bitcoin spot ETPs see first 3-week consecutive inflows since September 2025, taking cumulative lifetime inflows back above $57 billion 📈
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Lucas Tcheyan
Lucas Tcheyan@Uptodatenow·
Gpt increasingly like: “Hey I just completely messed up your openclaw setup, and my fixed aren’t working… But once you use claude to fix it, let me show you a super advanced setup that will also break your setup and require a claude fix”
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Hudson Jameson
Hudson Jameson@hudsonjameson·
If I want to set up OpenClaw with a local LLM what is the best local LLM to use? Any good guides or tips for security are also appreciated.
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Alex Thorn retweetledi
Bugle.News 📯
Bugle.News 📯@bitcoin_bugle·
NEW single by eCash $aylor 🥦 Slop Culture
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Alex Thorn
Alex Thorn@intangiblecoins·
he is “right” but posting oblivious non sequitur. yes, a house version of CLARITY passed the house last year. but that’s not what i’m talking about the senate version is currently awaiting markup by the senate banking committee. it has not passed out of that key committee and cannot move to the senate floor until it does if it doesn’t move to the senate floor, the senate can’t vote on it. and if it doesn’t pass the senate, it can’t be reconciled with the house’s version and sent to POTUS’s desk so yes, he’s “right” in the most irrelevant, oblivious, slop-ridden way try to keep up
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Alex Thorn
Alex Thorn@intangiblecoins·
if CLARITY doesn't pass committee by end of april, odds of passage in 2026 become extremely low. this needs to hit the senate floor by early may... floor time is running out and odds diminish every day that passes the framing right now is that the dispute over stablecoins rewards is holding up the CLARITY act. but even if compromise is reached on rewards, there are very likely to be other hurdles: possibly DeFi, dev protections, SEC powers, or even "ethics" recall that senate banking's draft (ANS) from January was partisan (though it ostensibly was somewhat moderate to reflect an attempt at bipartisanship, dems ultimately did not directly contribute). it's very possible that rewards are not the "final" hurdle but instead just the current hill the bill is dying on. there are still other contentious issues that are ongoing behind the scenes but simply haven't bubbled to the surface yet because rewards are currently a showstopper
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Alex Thorn
Alex Thorn@intangiblecoins·
@XRPistheKING think you need some reading comprehension and civics lessons before commenting next time
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