billbarX

Unfortunately Jack Mallers had it wrong in his Bitcoin main stage presentation today. @AbraGlobal has (by far) the lowest borrow rate in the Bitcoin lending world.

Current Abra Private borrow rates are sub 6%, yes loans are open term and yes the LTV can be up to 75%. Collateral is NOT rehypothecated.

As a registered investment advisor (RIA) you can see Abra's complete disclosure package (and form ADV for RIAs) on the SEC web site.

I'm a big fan of @jackmallers and Strike but when it comes to Bitcoin, truth in lending is warranted.

Check out Abra Private now on

Bitcoin and crypto together now represent a $3.3T asset class. This asset class represents:

The future of hard money
The future of banking and investing
The future of transaction processing
The future platform of the agentic Internet
The future of art and collectibles
The future of gaming

What else would I rather be working on? Nothing.🤯

The Coinbase data breach and subsequent data theft is a wake-up call that we immediately need a wholesale rethink of the BSA and Patriot acts. KYC is a dumb, immoral and unethical idea forced on all of us and needs to stop.

@davidsacks47 and @SecScottBessent should petition Trump to push Congress on this issue. The harm being caused to Americans and businesses is likely in the $$ hundreds of billions.

In parallel, the @EFF (imo) should immediately petition the Supreme Court to find the BSA and Patriot acts unconstitutional. Both clearly represent infringements on privacy, free speech, and due process. With the latter two representing significant case law opportunities. The United States functioned just fine for decades without either and it will function just fine again without them.

The Coinbase data breach and subsequent data theft is a wake-up call that we immediately need a wholesale rethink of the BSA and Patriot acts. KYC is a dumb, immoral and unethical idea forced on all of us and needs to stop.

@davidsacks47 and @SecScottBessent should petition Trump to push Congress on this issue. The harm being caused to Americans and businesses is likely in the $$ hundreds of billions.

The @EFF (imo) should immediately petition the Supreme Court to find the BSA and Patriot acts unconstitutional. Both clearly represent infringements on privacy, free speech, and due process. With the latter two representing significant case law opportunities. The United States functioned just fine for decades without either and it will function just fine again without them.