Planet Earth
Joined June 2020
- Tweets5.1K
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El banco del mañana estará aquí mismo: en Internet. Tendrá miles de puntos de entrada. Y esas entradas estarán abiertas para cualquiera. De donde sea que eres, cuando quieras! 🌎
DΞFi PAP1 (🧬,🌐) retweeted
Byron Allen, Founder of Allen Media Group, explains how treating business like a contact sport unlocks unlimited capital:
Byron once borrowed $310 million on a Friday to acquire the Weather Channel. He paid it back in five months.
When the lender hit him with a $28 million prepayment penalty for closing too quickly, he paid that too.
His philosophy on why capital is never the real obstacle:
"Business is a contact sport. You're nothing more than economic athletes. They will see your passion. They will see your stats. And they will always want you on their team because you make them money."
The framing shift here is everything.
Byron sees founders as athletes whose performance is being evaluated by people who need them to win.
"You have unlimited amounts of capital available to you if your hustle is at the highest level."
@RealByronAllen drives the point home:
"Keep your hustle at the highest level because capital is always looking for you to get the money back and a return. There's trillions and trillions and trillions of dollars of capital looking for you. Go get it."
The takeaway: Capital is hunting for operators who can put up the stats. Hustle at the highest level, and the money will find you.
DΞFi PAP1 (🧬,🌐) retweeted
I am a Web3 Ambassador at World Liberty Financial.
There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."
600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.
The distance is my best work.
I am the reason these events are unrelated.
World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.
Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.
Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.
Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.
Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.
Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.
On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.
The team page lists 3 Witkoffs. All 3 are Co-Founders.
Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.
His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.
The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.
Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.
On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.
Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.
600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.
A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.
My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.
The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.
I am the reason these events are unrelated.
🚨🚨Don’t connect your wallets for a few hours / days. Chill. Stay zen
DΞFi PAP1 (🧬,🌐) retweeted
In a paper that analyses US spending habits, they found that for every 1$ spent on gambling, 0.99$ less was spent on long term investments, with outsized effects among poor households
imo this is happening with memecoins, it's not that entertainment money is being redirected to gambling, but rather the money that would go towards long term investments such as a university fund for kids, retirement fuds, buying a house... is being redirected to gambling and lost
Since most of that money ends up lost, this reduction in net investments ends up becoming a serious net negative for society
Furthermore, households with recent bank overdrafts spend 2x as much on gambling relative to their income, that is, families that are in the hole gamble twice as much, pulling them further into the hole
This worries me because I believe crypto is path dependent, and if a large part of society ends up seeing crypto as net bad because of memecoin's effects or if negative policy against all of crypto is created because of that, we could end up in a situation where the negative effects of memecoins spill over and prevent other ideas such as self-sovereign money or trust minimization from flourishing
Source: papers.ssrn.com/sol3/papers.…
DΞFi PAP1 (🧬,🌐) retweeted
If you're hungry but too lazy to prepare healthy food, you'll consume junk food. If you're hungry for knowledge but too lazy to seek out the truth, you'll consume misinformation.
DΞFi PAP1 (🧬,🌐) retweeted
Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to have helped lead this important challenge. 1/6
DΞFi PAP1 (🧬,🌐) retweeted
Us: “Super productive week, I’m fully caught up on email and almost done with my big presentation!”
Elon:
DΞFi PAP1 (🧬,🌐) retweeted
"Tornado Cash is for criminals"
Bank of America and JP Morgan paid in PENALTY $126 BILLIONS for their financial crimes (e.g Money Laundering).
NO CEO of these banks ever went to prison.
But a Tornado Cash Dev is currently in prison for writing OPEN SOURCE CODE!
Banks are the worst criminals on this planet.
“You want to talk about issues around money laundering. This eliminates all corruption by having a tokenized system,” - Larry Fink
Ethereum is an ANTI-CORRUPTION system.
Do you remember when you joined X? I didn't but @elonmusk reminded me #MyXAnniversary
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Rabby Points Season 2 is here 🎉 @Rabby_io
Check your points before you claim!
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rabby.io/points?code=DEFIPAP…
DΞFi PAP1 (🧬,🌐) retweeted
Never will happen.
The entire reason the masses use Tik Tok and IG is because of the dopamine they get from the addictive algo.
If they could use their own they’d quickly go back to the cracked algo for the dopamine. It’s like offering people nicotine free cigs, they are there for the addiction in the first place.
Listed rare 👽 CloneX #10225 opensea.io/assets/ethereum/0…
DΞFi PAP1 (🧬,🌐) retweeted
Suppose there were 10 shares and you had 1. Now they print 90 more shares and give you 1.
You have more shares!
1 → 2 📈
But you have less ownership.
1/10 → 2/100 📉
And that’s how inflation works. People are misled into thinking they’re getting richer, while getting poorer.
