twobitidiot
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Two things are true at once:
1. We're at the precipice of a once in 100 year debt and currency crisis.
2. Trump and the GOP need to pass BBB, then hard pivot back to deregulatory / growth agenda, trade deals that bring tariff revenue + bond bids, DOGE, and MAHA.
High wire act.
1. We're at the precipice of a once in 100 year debt and currency crisis.
2. Trump and the GOP need to pass BBB, then hard pivot back to deregulatory / growth agenda, trade deals that bring tariff revenue + bond bids, DOGE, and MAHA.
High wire act.
BlueSky thinks I’m the Stephen Miller of crypto and I have never been more flattered.
Stablecoins are a Trojan horse.
The whole financial system will go on chain once the global reserve and its well regulated treasury market is fully onboarded.
The GENIUS Act was always the critical first step. More wins will follow.
The whole financial system will go on chain once the global reserve and its well regulated treasury market is fully onboarded.
The GENIUS Act was always the critical first step. More wins will follow.
GENIUS Bill passed its toughest hurdle.
Good luck the last mile, crypto fam.
✌🏻
Good luck the last mile, crypto fam.
✌🏻
The Coinbase breach probably ups kidnapping and robbery risk significantly for hundreds of thousands of crypto users. But it might also help with the fight against government KYC overreach.
Just kidding the Leftists hate us and hope we face violent thugs.
Violence is the goal.
Just kidding the Leftists hate us and hope we face violent thugs.
Violence is the goal.
The GENIUS Act is going to come down to @SenSchumer and @MarkWarner.
They’re fighting to kill DeFi - a nonstarter - and gaslighting their Dem supporters.
No one from industry trusts either, and the crypto lobby is finally ready to go full Genghis Khan if they kill the bill.
🤝
They’re fighting to kill DeFi - a nonstarter - and gaslighting their Dem supporters.
No one from industry trusts either, and the crypto lobby is finally ready to go full Genghis Khan if they kill the bill.
🤝
1/ It's @standwithcrypto day tomorrow in DC with Coinbase! That means it's the last day the crypto lobby will be able to flex its muscle through 2029.
You'll know whether @brian_armstrong decided to play hardball if the Senate takes up a second GENIUS Act vote next week.
You'll know whether @brian_armstrong decided to play hardball if the Senate takes up a second GENIUS Act vote next week.
When is the last time a “normie” white guy with any real profile started talking about race like this?
Also if I crashed out so hard, why does everyone in private in DC know I’m still the most strategic thinker in crypto politics?
Maybe I’m just willing to do the hard things.
Also if I crashed out so hard, why does everyone in private in DC know I’m still the most strategic thinker in crypto politics?
Maybe I’m just willing to do the hard things.
Dems should pair @RepRitchie’s bill focused on the $Trump memecoin with market structure legislation, but strip out the USD1 attack, and pass GENIUS.
No one in crypto - including rabid Trump supporters like me - would fault Dems for taking a hardline on the memecoin.
But that has nothing to do with the first stablecoin bill.
Handle it in the second bill or you are publicly retrading on a committee vote that happened a month ago on the grounds that you don’t like a memecoin launched in January. Nonsense.
Everyone wins if you split the baby.
Dems save face, Trump / GOP get a win, UST market gets a win, crypto gets a win, and Dems have a hard line on market structure they can cling to with some degree of principled argument.
No one in crypto - including rabid Trump supporters like me - would fault Dems for taking a hardline on the memecoin.
But that has nothing to do with the first stablecoin bill.
Handle it in the second bill or you are publicly retrading on a committee vote that happened a month ago on the grounds that you don’t like a memecoin launched in January. Nonsense.
Everyone wins if you split the baby.
Dems save face, Trump / GOP get a win, UST market gets a win, crypto gets a win, and Dems have a hard line on market structure they can cling to with some degree of principled argument.
Look at the crypto lobby and how pathetic its performance was this week.
Complete failure. Pussy response. No results.
I spent *years* politely persuading.
Then I realized I could be more effective running through faces and pivoted.
Nice vs kind in a nutshell.
Complete failure. Pussy response. No results.
I spent *years* politely persuading.
Then I realized I could be more effective running through faces and pivoted.
Nice vs kind in a nutshell.
I was going to make a final video on this week's crypto vote, but not worth it.
Instead, odds of legislation now are as follows:
+ Standalone GENIUS bill: <10% (thanks mostly to CB)
+ Combined bipartisan mkt structure + stables (<1%)
+ Combined GOP mkt structure + stables (10%)
Instead, odds of legislation now are as follows:
+ Standalone GENIUS bill: <10% (thanks mostly to CB)
+ Combined bipartisan mkt structure + stables (<1%)
+ Combined GOP mkt structure + stables (10%)
What is the point of crypto's political operation?
Without someone like me in the mix, the entire effort is pretty fruitless. No balls.
Do you understand now why I left?
@StandwithCrypto ranks these eight Dems as "Strongly Supportive." These grades won't change either!
Without someone like me in the mix, the entire effort is pretty fruitless. No balls.
Do you understand now why I left?
@StandwithCrypto ranks these eight Dems as "Strongly Supportive." These grades won't change either!
There is no 5D chess.
Coinbase misplayed the politics of the stablecoin bill. The industry has no leverage. GOP is pretty close to being over crypto.
We’ll have four years of laissez faire regs, but no bills unless they cram something on to a must pass bills later this year.
Coinbase misplayed the politics of the stablecoin bill. The industry has no leverage. GOP is pretty close to being over crypto.
We’ll have four years of laissez faire regs, but no bills unless they cram something on to a must pass bills later this year.
One year anniversary of the Mar a Lago event.
I was right. You all were wrong.
Back to crypto retirement. 🤝
I was right. You all were wrong.
Back to crypto retirement. 🤝
It’s hard to overstate how useless everyone in the crypto political machine was aside from me and David Bailey last year.
@standwithcrypto gave A’s and Fair Shake gave $20mm+ to these three traitors on the GENIUS Bill.
I did my job. They failed.
@standwithcrypto gave A’s and Fair Shake gave $20mm+ to these three traitors on the GENIUS Bill.
I did my job. They failed.
If the Genius Bill fails it will have nothing to do with the stated concerns from the Dems or even President Trump’s crypto ventures.
It will have everything to do with perceived threats to the banking cartel and crypto industry leaders’ weakness in our 2024 political strategy.
It will have everything to do with perceived threats to the banking cartel and crypto industry leaders’ weakness in our 2024 political strategy.
Senate crypto vote on Thursday and all my friends are in chaos mode.
Good week for plan trusters and Trump supporters. Bad week for Dems and SBF sympathizers in crypto.
In this moment, I am euphoric.
Good week for plan trusters and Trump supporters. Bad week for Dems and SBF sympathizers in crypto.
In this moment, I am euphoric.
AI job displacement + China trade war + DOGE + Mass Deportations favor MAGA
If the $ doesn’t collapse, @AOC and her kind will have to start a race war instead.
Black, white, and Hispanic innit?
If the $ doesn’t collapse, @AOC and her kind will have to start a race war instead.
Black, white, and Hispanic innit?
I get a lot of haters on here / people chirping about my rhetoric, but the few things I've been excellent at for over a decade are 1. reading the tea leaves on big trends, 2. understanding exponential growth, and 3. speaking unspeakable truths.
Buy bitcoin, use AI, Retar Dio.
Buy bitcoin, use AI, Retar Dio.
Bessent is doing an incredible job after inheriting an impossible chess board from Janet "The Retard" Yellen.
Elon has been a distraction.
DOGE tech talent is phenomenal, but Elon's been a horrible messenger, and it's been a relief to see him start to recede to the background.
Elon has been a distraction.
DOGE tech talent is phenomenal, but Elon's been a horrible messenger, and it's been a relief to see him start to recede to the background.
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