cypherpunk, cryptographer, privacy/ecash, inventor hashcash (used in Bitcoin mining) PhD Comp Sci adam3.us Co-Founder/CEO blockstream.com

Malta 🇲🇹
Joined November 2010
the final form of DINOs is a database record among custodians, with a vestigial eventually forgotten token. effectively full reversion to mean. it is the way of things.
A DINO that embraces its centralised DNA is a better DINO.
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par exemple: paypal started as a bearer ecash system. now it's like a bank but more arbitrary. reversion to mean in action. this is why #bitcoin must remain decentralized and bearer. digital gold is good, but it must be *bearer* digital gold to be fully disruptive.
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Adam Back retweeted
Gentlemen, it has been a privilege shitposting with you
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Adam Back retweeted
Can you guys just stop printing more money? You’re just going to make things worse. Really. It’s a no brainer.
It's time to retire the word transitory on describing inflation, says Fed Chair Jerome Powell during Senate testimony on the economy trib.al/9wZc0wo
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Adam Back retweeted
Replying to @BTC_Archive
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the #bitcoin timechain is a singleton data structure: there can only securely be one.
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really, there can be only one - sharing a proof of work doesn't work out well for the copies. look a the long tail of bitcoin clones that could be wiped out if a large solo miner got bored one day.
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#bitcoin is the orange pill. but there are some are so hopelessly inured with the system, that even after unplugged from the matrix: they voluntarily take the blue-bill and become followers of new digital fiat cults - alt coins.
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9th Chevron Engaged "You are now cleared to step through the portal" This way to Hyperbitcoinization @Blockstream #Bitcoin
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weekend's #bitcoin omicron ☣️ over-reaction triggered inverse-bart, filled right on cue. thanks to the buyers of last resort - cold store the spoils!
take their sats, and do not give them back. #bitcoin
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still top meme by @TheGuySwann #bitcoin Gandalf battles the fiat balrog at Bridge of Khazad-dûm "HFSP" laser-eyes staff, and "Buy #bitcoin you fools!" advice for Frodo and the party of adventurers.
Buy you fools! #Bitcoin
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Adam Back retweeted
I'll be talking with @adam3us & @Excellion about the El Salvador 🌋 bond. Send me your questions for these two.
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MicroStrategy has purchased an additional 7,002 bitcoins for ~$414.4 million in cash at an average price of ~$59,187 per #bitcoin. As of 11/29/21 we #hodl ~121,044 bitcoins acquired for ~$3.57 billion at an average price of ~$29,534 per bitcoin. $MSTR microstrategy.com/en/investo…
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Replying to @BitcoinMagazine
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Replying to @BitcoinMagazine
It was inevitable. ¯\_(ツ)_/¯ LFG #Bitcoin
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every time you panic sell, you're giving @saylor's MicroStrategy coins. HODL you fools! BTFD! DCA like there's no tomorrow.
BREAKING — MicroStrategy buys additional 7,002 #Bitcoin for ~$414.4 million
Show this thread
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not hodling #bitcoin is risk.
#bitcoin is the unit a account already, for crypto traders. most portfolios are bitcoin denominated. it's the only benchmark that matters, you want to know if your long/short/option/yield/alt trading strategy did better or worse, or you could have just held. not hodling is risk.
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