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Ben Kaufman 🤡🌎
@_benkaufman
Chief Conspiracy Theorist at . Shadowy Super-Coder. Unlicensed software engineer. Newsletter: clownworld.today
benkaufman.infoJoined August 2014

Ben Kaufman 🤡🌎’s Tweets

This was the case with gold fractional reserve banking and the reason that banks needed fiat money. If we ignore self custody, #Bitcoin will just go the same path and end up replaced with the fiat system of today. Self custody and peer to peer payments make all the difference.
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It’s incredible how fast people forgot that fractional reserve banks (like FTX) cannot survive long without a lender of last resort to bail them out. #Bitcoin is inherently incompatible with such practices, and they’ll always end in bank runs. Self custody is the key.
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It’s truly sad to see a great #Bitcoin advocate paying such a price fighting for freedom. Pray for his safe release.
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Ziya Sadr (whose account @Ziya_Sadr is now inaccessible) has been a pillar of the #Bitcoin community for years—not only in Iran but worldwide. He stands for freedom and has worked tirelessly to educate and inspire. Ziya was detained in Iran over twenty days ago. #ضیا_صدر
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Unpopular opinion: Moving to PoS is actually good for Ethereum. Any use-case that needs true decentralization was destined to be captured by regulators anyway, Ethereum was never decentralized enough to stand state attacks. At least now it doesn’t waste resources for no reason.
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Banks are a scam
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A tale of two invoices… - Sponsor 1, paying in dollars. Money still held by bank weeks after payment. KYC provided, statements, business operations, proof of invoice and contract supplied, still under review, still waiting. - Sponsor 2, paying in #bitcoin. Settled in an hour.
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