Zack Guzmán ♻️
@zGuz
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Founder & Host @Coinage_media building onchain media @Trustless_media | Past: @YahooFinance @CNBC & @Harvard | $PLYBTN ▶️
New York, NY
Joined May 2011
As a first-time founder building @coinage_media over the last few years, I've learned some lessons: - Never make the same mistake twice - Don't be afraid to admit you're wrong (but understand why you were) For three years, I avoided launching a token. The economics weren't
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I think @profgalloway is correct that society is suffering from a loneliness epidemic. Community is the most powerful thing anyone can have in life. No one fosters community online like creators. No one is tokenizing them like @trustless_media ⬇️ https://t.co/tDJOcy7ph0
coinage.media
Coinage, the first Web3 media outlet that's actually Web3, is making moves.
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Updated the profits per employee chart from @profgalloway and @edels0n I know sex is always the flashier story, but what's happening with stablecoins and @Tether_to is fascinating Tether about to do $15 billion in profit this year with fewer than 300 employees:
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NEW JERSEY: Get to know MIKIE SHERRILL: —Voted to RAISE taxes by $3,700 —Voted to give ILLEGALS taxpayer-funded healthcare —Voted to CUT the child tax credit And Sherrill has NO idea what to do as Governor. 🤯 Vote AGAINST her on Nov. 4th.
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JPMorgan Chase CEO Jamie Dimon has called crypto and Bitcoin a fraud for years He's called it a "pet rock" He's called it a "tulip bubble" This week, with Wall Street watching on, he finally admitted: "Crypto is real. Blockchain is real. Stablecoins are real." The evolution:
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High praise from one of financial journalism's great titans 🥹 Thanks @Ajshaps 🙏
@coinage_media and @zGuz are the best in the business. If you have questions about Crypto and future models for business platforms, they have answers!
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Hmm… interesting. A @trustless_media ad space NFT auction platform with other creators Wonder what comes next… 🤔 ▶️
Congrats to @moonpay for making history and winning our “ad-space as NFT auction” for the month of November 👏🏼 Thanks for supporting independent crypto journalism 🙏🏼
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Trump's Agriculture Secretary Brooke Rollins: “My message to America is your government is failing you right now — we have failed you.” Mike Johnson tries to clean it up: “When she says ‘we have failed you,’ she means ‘we, the Democrats,’ okay?”
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Huge props to @KeithGrossman and the @moonpay team for bidding on a @coinage_media ad space NFT and supporting independent crypto media ❤️ It’s things like this that keep us creators going! 🥹
Congrats to @moonpay for making history and winning our “ad-space as NFT auction” for the month of November 👏🏼 Thanks for supporting independent crypto journalism 🙏🏼
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Wtf is this? 😂
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Covering the GameStop story in 2021, I saw the same thing. The industry would do well to think about what narratives it wants to promote What delivering on its promises of community and ownership looks like in practice Until then, we'll stay committed to that @coinage_media
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Crypto sentiment is the worst I have ever seen right now. And it's worse than just price (Bitcoin is north of $100,000) it's about disillusionment and the realization setting in that this was all a lie. Of course, crypto is many things to many people. To traders, there may not
I keep seeing takes like this and I basically agree. if you want volatility go trade publicly traded quantum sh*tters. but it also conveys a deeper truth. crypto is boring because so many of the open questions have been answered. will stablecoins be allowed? yes. will we be
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Crypto is down so bad right now.
To be clear - they want you to do this for free. I was asked and it sounded amazing, then realised it was a week of work (likely OT hours + after event editing) with no pay. I've been reached out to be 2x major protocols in the last week wanting free work for devcon (so far!)
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@VitalikButerin @ethereum I know @ethereumJoseph has supported other media orgs in the past (very awesome 👏) This is an open call on behalf of our members at @coinage_media who have come together to co-own a media outlet Would be cool to demonstrate a Web3 solution to some of journalism's problems
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Hey @VitalikButerin 👋 I want to say thanks for liking this thread. Just that simple act categorically changed things for us as the first media outlet built on @ethereum If you're open to consider buying $COINAGE, we may be able to help demonstrate the power of Web3 in media
I got into @ethereum because of what @VitalikButerin once championed: decentralization, permissionlessness, community-ownership. America fosters those things via entities called Cooperatives. $400B worth of NYC buildings are Co-ops. REI is a Co-op. Why aren't they onchain? 🧵
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@coinage_media Historically, journalism has a tradeoff between editorial independence and funding to stay alive We would not be here without the support of everyone who has minted to co-own us. Thanks to those who have joined us in the experiment: https://t.co/tDJOcy6Rrs
coinage.media
Coinage, the first Web3 media outlet that's actually Web3, is making moves.
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I do love how crypto people both decry the death of journalism and also state funding going into media outlets If we do separate money and state, what's your solution to funding knowledge as a public good? Have you supported the first media outlet built onchain @coinage_media?
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After Powell's comments, I'm in the same camp as @fundstrat yes, we are seeing a selloff triggered by December rate cut odds coming down to 72% from 92%. But labor market softness still key, and Trump + China humming along. Powell said what he had to say, but path still dovish
With the Fed preparing to continue cutting rates, @fundstrat is still optimistic Bitcoin can surge into year-end: "In the fourth quarter, seasonally Bitcoin is strong but now we have the Fed flipping dovish"
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The Blockworks and Bankless media arcs are pretty similar if you really think about it
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Our model takes the best things that worked for Bitcoin, and applies them to media: Scarcity: 5000 co-owner memberships Value Accrual: Patronage dividends to active members Buy $COINAGE or mint to co-own our award-winning outlet: https://t.co/utSeiT2pLN
coinage.media
Bitcoin, Ethereum, crypto, blockchain, DeFi, and web3 news with a little personality and skepticism from our community.
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Doesn't need to be this way though: https://t.co/EEcl2Md9FA
Blockworks shutting down its newsroom and laying off all its reporters is indicative of a larger trend: Journalism layoffs are only going to accelerate. In some ways, this is tied to AI. But it's also tied to the old model for journalism being an extremely bad business. It's
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