📰Twitter Crypto News
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People find bitcoin when they're ready: "... and then I realized that bitcoin, unlike ethereum, has this finite supply that is slowly coming to an end over time. ... I did purchase a little position." HT @MikeStillBTC https://t.co/V6FjQ9aZZi

May 09, 2023 at 01:52AM
https://twitter.com/TuurDemeester
@MikeStillBTC Speaker is @kevinrose, his friend/interviewer @tferriss is sitting on the left. Kevin is the founder of reddit precursor Digg and is known to have been massively bullish on ETH and NFTs for years. Imo this is how the switch to bitcoin begins—one influencer at a time.

May 09, 2023 at 01:56AM
https://twitter.com/TuurDemeester
@MikeStillBTC @kevinrose @tferriss https://t.co/1EI6Fs9rOZFor people who've been feeding off of Silicon Valley's horn of plenty, it's been really hard to step outside of their widget-building bubble. Some knew about bitcoin early, but never really "got" it. (E.g. Kevin's an angel at https://ift.tt/xdQMLRB)

May 09, 2023 at 02:02AM
https://twitter.com/TuurDemeester
@Croesus_BTC @MikeStillBTC @kevinrose @tferriss Yeah man. It could be that the Austin scene "gets" it first. Tim Ferris would be a big one. Joe Rogan. There's a few more.

May 09, 2023 at 02:03AM
https://twitter.com/TuurDemeester
@MartyBent @Croesus_BTC @MikeStillBTC @kevinrose @tferriss @bitcoincommons I'd love to help make that happen! Definitely a fan of Tim and his work.

May 09, 2023 at 02:13AM
https://twitter.com/TuurDemeester
@Tradehardmoney It's not about the distance of this one step, it's about the direction of the trend.

May 09, 2023 at 07:14PM
https://twitter.com/TuurDemeester
@PrestonPysh This was a blast! Preston is such a great host. 🙏

May 09, 2023 at 07:28PM
https://twitter.com/TuurDemeester
@BowTiedMara This won't get better as inflation festers in the West

May 10, 2023 at 01:19AM
https://twitter.com/TuurDemeester
@BowTiedMara 240 hours or labor and €7,000 fine - that seems low...

May 10, 2023 at 01:20AM
https://twitter.com/TuurDemeester
@NorthRockLP Please DYOR. You're criticizing a dev who: 1) has never controlled bitcoin, 2) has aired the same opinion for 10+ years (was anti-bitcoin spam since 2011, 3) has made significant contributions to bitcoin (see below). // Nothing in his email suggests bitcoin is centralized. https://t.co/fd0WC9insj

May 10, 2023 at 01:46AM
https://twitter.com/TuurDemeester
@fartface2000 @KlausLovgreen @NorthRockLP Ha, I had been wondering who's on the other side of my bet.

May 10, 2023 at 03:04PM
https://twitter.com/TuurDemeester
@JanPieter @BowTiedMara Ah interesting - er waren inderdaad wat verzachtende omstandigheden.

May 10, 2023 at 03:05PM
https://twitter.com/TuurDemeester
Druckenmiller: "When you have free money, people do stupid things. When you have free money for 11 years, people do really stupid things. So there's stuff under the hood, it's starting to emerge. ... I would assume there's a lot more bodies coming." https://t.co/r8QoklCY9E

May 10, 2023 at 03:11PM
https://twitter.com/TuurDemeester
In terms of positioning, he is bearish on everything: - "Treasuries are off the table"- "I'm short the dollar"- "I'm in gold & silver, [even though] they historically have not done well in hard landings"- "I'm not exposed to the stock market"

May 10, 2023 at 03:15PM
https://twitter.com/TuurDemeester
This illustrates nicely the value of bitcoin mining: in West Texas, up to 10% of all electricity is completely stranded, harmlessly mopped up by miners; and +5% is priced for peak demand, which miners can alleviate by turning off machines. HT @MitchKlee_ https://t.co/g3sprie7lM

May 10, 2023 at 06:52PM
https://twitter.com/TuurDemeester