My book on #bitcoin is out NOW.
It's in German, 100 pages long, and it's a nuanced, optimistic introduction to Bitcoin.
It covers:
- some (pre-)history
- what fans and skeptics have to say
- the difference between BTC and CBDCs
- and more
More info:
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Raphael Schoen
@raphschoen
Technology, magic internet money, video games, politics, and everything in between. Content | Previously: ,
raphaelschoen.netJoined August 2010
Raphael Schoen’s Tweets
Banking Crisis explained simply:
We’ve printed money into a fractionally reserved ponzi for decades. The hubris got so great that government really thought they could shutdown the economy and pay people to stay at home with printed money during Covid hysteria.
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"Bitcoin is stupid fantasy money. It's made up, and not backed by anything".
Meanwhile, the expert solutions in the largest economy in the world:
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At this point, I believe that Cramer is just role-playing as an emotional newbie retail investor.
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None of us is bullish enough on Bitcoin! 
#Bitcoin $BTC
Cramer on March 13, 2023:
#Bitcoin $BTC
Cramer on March 13, 2023:
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The Bitcoin % Dominance chart has now formed a 24-month rectangle with multiple upper and lower boundary contacts. For now this is the confining range. However, a decisive breakout of this range would have huge significance. My bias is that Bitcoin will bury all pretenders $BTC.… Show more
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“Retail has sold twice what they accumulated during the pandemic over the past 15 month”
- Goldman Sachs
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Central bank policy in a nutshell: "Please stop asking for more money, okay?"
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100% facts.
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“I hate buy now, pay later. I think it’s total bullshit. I think it’s preying on young people” — @profgalloway
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COAL IMMEDIATELY FILLS DEMAND IN GERMAN STATE CLOSING NUCLEAR
In Baden-Wuerttemberg, Neckarwestheim, one of the best-performing reactors in the world, closed Saturday.
Costly hard coal filled most of the gap. Russia remained Germany's top supplier of this type of coal in 2022.
read image description
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Great piece on MiCA by . Sadly, anonymous payments (no matter the amount!) were abolished. The EU is leading the way in crypto regulation … at least on paper. Let's see if it protects consumers from scammy businesses and crypto assets.
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Will be consistent and cancel Tor and disable their Onion services when the Tor project adds Proof of Work? Think of all the energy!
It's almost like Bitcoin actually fixes a problem that has no other known solution 👀
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Maybe the answer is really simple: Western leftists just genuinely like China. We shouldn't be surprised that they root for a country that aims to control everything?
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Fascinating how quickly NYTimes was able to “simulate” “indirect” “marginal” “emissions” for #Bitcoin mining, but doing the same for solar panels is just far too complex and too much work.
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FED'S BOSTIC: THE FED WILL CONTINUE TO MONITOR THE BANKING SYSTEM FOR SIGNS OF TROUBLE.
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“History Doesn't Repeat Itself, but It Often Rhymes.”
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Universal Music Group has responded to the viral A.I.-generated song by Drake and The Weeknd calling it “fraud” & telling streaming platforms to ban the technology
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Gary before running the SEC: "Have you heard about this cool shitcoin, imagine what you could build on 'the blockchain' with it?"
Gary while running the SEC: "Have you heard that all shitcoins are unregistered securities?" twitter.com/mdudas/status/
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Suchst du einen Bitcoin Job? Hast du Erfahrung im Support? Helf uns dabei Bitcoin in die Wallets von so vielen Menschen wie möglich zu bringen. Meld dich via jobs@relai.app #bitcoin #bitcoinjobs #support #remotework
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“I think the world probably only needs one cryptocurrency - and that’s #Bitcoin .”
- Reddit co-founder and CEO Steve Huffman
from our newsletter delivered to your inbox every Friday by 🙌
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#Cypherpunk, #Privatsphäre & #Kryptografie - Wieviel davon steckt in #Bitcoin. Mit Raphael Schön youtu.be/AY9wahPL1Zw via
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Three things most people don't know about money in bank accounts...
#1. It's not yours.
#2. It's not there.
#3. It's not money.
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1) 🧵 The craziest thing about the anti-#Bitcoin mining article, is that the author spent 6 months figuring out how to tell readers that Demand Response programs, enthusiastically endorsed by the USDOE (and previously the NYT), is... bad? Let's take a look.
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The New York Times uses 52 trucks to ship paper 7 days a week with the exact same content that can be read online.
I know it's whataboutism, but that's what 'Bitcoin bad' reporting is about these days.
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The New York Times print facility in Queens, NY is an eyesore for its local community, consuming thousands of gallons of chemicals & ink each year. Heavy trucks transport up to 500,000 papers daily as the NYT refuses to switch to a fully digital format.
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The New York Times has identified 34 operations known as Bitcoin mines in the U.S., all of which are putting immense pressure on the power grid and creating costs for everyone around them, most of whom have nothing to do with Bitcoin.
nyti.ms/3mfvvdL
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Bitcoin is the fastest horse.
Why are you not betting on the fastest horse?
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Ideological bias of economists
"changing source attributions from mainstream to less/non-mainstream, or removing them, significantly reduces economists’ reported agreement with statements. This contradicts.. that in evaluating a statement one should only pay attention to content"
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Journalists blindly cited a Dutch central banker who made up a fake model without doing a single bit of leg work on the ground with real Bitcoin miners. A cursory look at this graph should immediately set off red flags. What's with the flat line? Why did estimated energy use go… Show more
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The Cashless Poland Program is marketed as a 'bottom up initiative', but Foundation behind it is chaired by people from Mastercard, Visa, Polish banks, Ministry of Finance & other card industry execs
Just another day in the top-down Cold War on Cash polskabezgotowkowa.pl/en#
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Mt. Gox once accounted for over 70% of all bitcoin transactions.
Binance’s market share of bitcoin trading volume was 45% in early 2022 and rose to 92% (!) by the end of 2022.
In case Binance goes under, things will be pretty bad.
Sauce:
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Bitcoin's correlation to Gold is the highest that its been in years, surpassing its correlation to the S&P
(h/t )
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This is a good take.
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Tragic: Thousands of people who moved to the Metaverse in 2021 are now trapped in virtual reality after their crypto crashed to zero
They can't afford virtual food or to travel back to the real world
This is a humanitarian crisis
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Boomers: "Bitcoin has no value because it's not backed by governments."
Everyone else: "I want to buy some bitcoin because it's not backed by governments".
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Elizabeth Warren: #Bitcoin has no value because it’s not backed by governments, less valuable than art because you can’t “throw darts at it” 
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