Jessquit
@Jessquit2
Followers
598
Following
3K
Media
189
Statuses
2K
You can't have financial sovereignty and you can't escape the legacy financial system if you have to run back into it any time you want to purchase goods or services. That's why Bitcoin was created to be decentralized Peer-to-peer Electronic Cash. #bitcoincash #bch
3
22
77
Why is "cash" the entire point of #Bitcoin? Because if you can't spend your Bitcoin as CASH for casual transactions, then in order to spend it, you have to EXCHANGE IT OR INTERMEDIATE IT.
6
25
90
I actually believe in the original mission of #Bitcoin to bring financial sovereignty to the world. That's why I devoted my time and energy to the version of Bitcoin that can actually bring self-custody to the world. The one that scaled the SELF-CUSTODY LAYER. #BitcoinCash #bch
1
9
34
Self custody is the very thing that gives #Bitcoin value to begin with, otherwise it's literally just gambling on a string of text on a computer screen.
2
7
41
I actually believe in the original mission of #Bitcoin to bring financial sovereignty to the world. That's why I devoted my time and energy to the version of Bitcoin that can actually bring self-custody to the world. The one that scaled the SELF-CUSTODY LAYER. #BitcoinCash #bch
1
9
34
If the goal is to allow everyone in the world to self-custody their money, that means everyone must be able to make onchain transactions. At ~5 tps, if even 10% of all transactions are for new user onboarding, <16M people per year can gain self-custody on the #btc blockchain.
1
1
10
Holding keys in a wallet you exclusively control can only be accomplished one way: You must make an *onchain* transaction. Only onchain, L1 transactions can move your Bitcoin into an address whose keys you control. There is no substitute for an onchain transaction.
1
2
10
Self-custody of #Bitcoin requires that you hold the coins in a wallet whose keys you exclusively control. If a custodian or counterparty is required for you to move your coins, then you do not have self-custody. "Not your keys, not your coins"
2
1
15
I got Chat GPT-4 to write a sane Bitcoin Cash covenant contract
5
16
74
tHe MaRkEt HaS sPoKeN!
Crypto prices are not organic. It’s a small group of insiders that can drive the prices using any news as a trigger. Over 50% of Tethers were issued by a proven fraudster, Sam Bankman-Fried. It’s why Paolo was panicking when SBF put a 250,000 Tether short, it doesn’t take much.
1
2
15
If you want a longer introduction to how crypto manipulation works, here's an interview where a crypto trader talks about how his market manipulation bots actually work.
3
25
94
You’re not seeing new adoption or new money coming in, you’re watching the same market fakers drive prices wherever they want, just like they’ve always done. They are of course hyping the shit out of it hoping you fall for the grift, with absurd calls of hyperinflation in 90 days
2
19
99
Crypto prices are not organic. It’s a small group of insiders that can drive the prices using any news as a trigger. Over 50% of Tethers were issued by a proven fraudster, Sam Bankman-Fried. It’s why Paolo was panicking when SBF put a 250,000 Tether short, it doesn’t take much.
10
68
418
Self custody is the very thing that gives #Bitcoin value to begin with, otherwise it's literally just gambling on a string of text on a computer screen.
2
7
41