I’m offering the keys to understanding Bitcoin to every financial professional in the game. Most people won’t read it. I’ve made it easy for anybody to get the book for a trivial cost in satoshis. The window is still open to outrun TradFi. Know what I’ve learned before they do.
Wanna buy something cool and helpful this pump? Check out my book and the slick site @ZEUS made to sell it! 2100 sats - still a great deal!
zeuspay.com/btc-for-instit… One of the reasons I wrote my book "Bitcoin for Institutions" was that I saw something brewing in the institutional space around Bitcoin that I didn't like. When the main Samourai Whirlpool developers were jailed last year, I heard celebrations and victory chants as though removing this "criminal element" was an important and necessary step for institutions to feel comfortable coming into Bitcoin. This hurt me to my core and I felt a lack of tolerance for the sentiment. First, the developers broke no laws (and still are jailed under the whim of the SDNY who continue to invent charges to continue to hold them). How can an industry celebrate the arrest of people of people who broke no laws? This is immoral thinking, and not the makings of a successful movement. Second, open source coders are the life blood of Bitcoin's success. Without them, we may as well pack it in. Institutions were celebrating the demise of Bitcoin thinking they solved a big problem. This was incompetent thinking, and not the makings of a successful movement. Third, individuals (and institutions) desire for privacy transcends Bitcoin and if its not Samourai, it will be some other way, perhaps on an inferior token (like Monero. for example). People want privacy and there's nothing wrong with that. The Canadian Trucker protest proved why people need protection from tyrannical governments who would punish them for supporting the wrong causes. Failure to understand people's desire for privacy should disqualify anyone from working with Bitcoin - its analagous to starting a bond business and not understanding people's desire for yield or concerns for counterparty credit risk. A year after the arrest, a team called Ashigaru has revitalized the Samourai Whirlpool. They have proven that the most powerful government in the world is incapable of stopping an idea whose time has come. Open source software is unstoppable and its important to understand this when your livelihood requires you to decide whether or not to hold your Bitcoin I regret not covering the value of open-source software in the book, as it is a key reason why Bitcoin always returns to its all-time highs after large drawdowns, in addition to all of the other reasons I laid out in the book.
In 2000, Phish went on hiatus and several side projects were formed. Of them, the standout project of note was Oysterhead - a supergroup formed by Primus’ Les Claypool, The Police’s Stewart Copeland, and Phish’s beloved Trey Anastasio. @JasonC and I take a look back to a better time and ask how this is potentially relevant to Bitcoiners.
I wrote a book. It's called Bitcoin for Institutions but its mostly the story from the future about how companies adopted Bitcoin successfully - which is focusing on the value that individuals put on it. I made it available for 2100 sats thanks to @ZEUS Its also on Amazon for those who like hardcopies - reach out if you want to pay in sats for the physical and we'll see if I'm travelling near your town any time soon.
I'm extremely proud of this episode. Ashigaru is incredibly important. The arrest of Samourai devs was thought to be a death blow to privacy on Bitcoin shutting down an important protocol and sending a chilling effect to would-be developers But within a year, the incredible Ashigaru team has spun up another protocol, showing that open source software is unstoppable! We're so lucky to have Jordan / linkinparkrulz join us to explain to our audience this absolutely significant achievement
Don’t be deceived by the title of my book “Bitcoin for Institutions”. This is no corporate shill. It’s real talk for companies who want to engage with Bitcoin. It reinforces the value of the individual. This is the book you want to give your CFO and CEO. And @ZEUS made the experience of getting it easy and awesome!
The book looks beautiful in that thing! View quoted note →