Bit Paine ⚡️
@BitPaine
Followers
50K
Following
467K
Media
5K
Statuses
54K
GP / Executive Chairman @ Vibes Capital Management. 🇺🇸
Joined September 2021
Sometimes I pause and reflect on the fact that my entire financial portfolio is currently composed of 1) an imaginary Internet ponzi coin and 2) the stock of a company famous for having the largest peak-to-trough drawdown in the history of financial market bubbles, and whose CEO.
425
555
5K
“no one has the right to do what every human civilization has continuously done for thousands of years”.
12
0
9
The most fun image & video creation tool in the world is here. Try it for free in the Grok App.
0
216
1K
so I guess we’re still in the “and then they fight you” stage.
24
6
184
RT @TheBTCTherapist: Reminder that a company that literally sells a shitcoin called ‘Fartcoin’ with a treasury of 11,776 BTC was included i….
0
60
0
t-25 min until SPY announcement.
I would be rather surprised if $MSTR wasn’t added —. It’s among the top 2 companies that are eligible today. Chart via @JSeyff
28
7
210
The founders did not write the 22nd amendment which was ratified in 1947, ~150 years after they died. (However, both George Washington and Thomas Jefferson elected not to run for a third term, establishing the two-term tradition, later broken by the tyrant FDR.).
Not sure who needs to hear this, but the 22nd Amendment of the U.S. Constitution clearly states that no person can be elected president more than twice, whether those terms are consecutive or not. Our Founders set presidential term limits for a reason.
7
0
9
lmfao
@BitPaine But gold has a real world use. It does something. Please refrain from financial posts until you’ve achieved basic education.
21
4
281
RT @DzambhalaHODL: 1% inflows from privately owned treasuries would take a >10tn asset up 25%. Wonder what that would do to BTC.
0
4
0
RT @ReviewsPossum: If Gen-Z boys don't believe in gender equality, it's because they've never experienced gender equality growing up in a w….
0
2K
0
now plot them on the same y-axis lol.
@BitPaine The accomplishment and vision of establishing a possible digital gold dwarves the massive returns for the founders and early adopters. It's really quite an accomplishment and those in early should be proud. But the last 5 years has been a new phase imho. A phase in which gold
9
3
42
I’m not sure if this is supposed to be an insult, because the quant in this scene was correct where all of the old wall st guys were dead wrong, & his analysis made everyone who listened to him a lot of money - in point of fact perfectly analogous to the current situation.
10
4
75
Bitcoin is infinitely scarcer than gold. Gold might as well be fiat as far as math is concerned.
@BitPaine @john_at_swan @LynAldenContact I've heard plenty of reasons and they all are similar to why I own gold.
23
8
215
RT @techleadhd: I'm worried about Ethereum. No one is building on it. No companies, no stablecoins, no users. ETH has lost any narrative w….
0
60
0
2017 called and would like its shitcoin back.
Introducing @Tempo. At Stripe, we care about high-throughput, low-latency payments use cases. As the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for them. For example, it's valuable.
3
0
13
RT @bergealex4: if a jpeg displaces your ability to own a utxo, you don’t deserve a utxo.
0
8
0
RT @_Checkmatey_: gg Ethereum, well played. Thanks for the EVM, we will take it from here. Signed -the banks.
0
28
0
fun fact: this is how BTC Power Law was derived.
16
1
104