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Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

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The underlying driver of most crypto narratives is that it has a lot of smart/quiet people working on it and a lot of loud/dumb people investing in it.

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One of the biggest scams in crypto is the number of people that call non-scams, scams.

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Bitcoin is a nuclear cockroach. It will survive.

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Crypto may be a way to export western financial products with strong rule-of-law (USD, S&P 500, etc.) to people in countries that don’t normally have access to such instruments.

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If you buy bitcoin in order to exchange it for more fiat then best wishes to you in your endeavor, but you're missing out on something much more interesting.

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Bitcoin is unfakeable digital gold that you can instantly teleport from one impenetrable vault to another, opened only using your self-generated password, nobody able to stop your payment, with no registration or intermediary required. There will never be more than 21M bitcoins.

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Global debt is now over $184trillion. That is 225% of global GDP and $86,000 per person. Bitcoin isn't the bubble, its the pin.

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Asking "who controls Bitcoin?" is like asking "who controls English?"

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Ability to store value motivates building. Ability to spend motivates consumption. Produce or consume? Which leads to prosperity? This is at the heart of Crypto-Austrianism and Crypto-Keynesianism.

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If you bought Bitcoin at $19,500 and you don't want to buy Bitcoin at $3,000, I don't know what to tell you

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Been doing crypto almost 6 years now and I still panic when sending a transaction even after quadruple checking the address character by character

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If your protocol can go bankrupt, or can be sued out of existence, or can be shut down by authorities then it wasn’t decentralized

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Time for a brief tweetstorm on non-financial applications of blockchains. As blockchain scalability gets better and better, and UX improves and fees drop as a result, this will become a bigger and bigger part of the story.

Thread.

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In before someone tries to argue "price ain't real because it's relative to the US dollar which is itself a hyper-volatile shitcoin that dropped 96% since 1913".

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Go into crypto and you try to reinvent politics. Go into AI and you try to reinvent philosophy.

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The best way to get someone to start using Bitcoin is let the person send an international wire transfer worth over $10,000. No lecturing required, the person will voluntarily use Bitcoin.

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Feeling really bad for genuinely idealistic and good people who are being hit hard by the cryptocrash, especially those who risked their human capital and careers based on promises of stable careers others had no business promising. At same time, there's a test of values.

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People don’t realize how many crypto entities are concentrated in NYC: USV, DCG, A16z crypto, Lux, Genesis, Gemini, Coinbase, Blockstack, Republic, CoinList, Placeholder and others; all within walking distance.

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