Code3Bitcoin retweeted
When it was released, I was too young to understand this cartoon
especially the Professor!
Code3Bitcoin retweeted
Build a great business and stock price will follow.
Pay executives based on realized performance of the stock achieved from what they built and intentionally set all other KPIs to incentivize doing the thing that will drives value to equity shareholders.
Here is a chart highlighting the long term incentives for various executives. You’ll notice all tie 100% to the share price.
Code3Bitcoin retweeted
Created a $1.5 trillion asset class owned by hundreds of millions of people worldwide. Built a technology transforming money, markets, and society.
What did you do by your 18th birthday?
Code3Bitcoin retweeted
Bitcoin’s story has a clear beginning.
Not 18 years ago when the whitepaper was released.
But 19 years ago when banks and governments broke the people’s trust.
They'll keep doing that for another 19 years, until the people finally realize why a separation between money and state is the cure.
Code3Bitcoin retweeted
Strive agrees with this.
This is why our long term objective is exclusively tied to stock returns. This drives the vast majority of management incentives.
Bitcoin per share is simply a short-term KPI we believe tracks doing the thing that produces those long-term returns.
Code3Bitcoin retweeted
Need to put footprint of courage into stirrup of patience.
Fortitudine Vincimus.
- Shackleton
Code3Bitcoin retweeted
Anthony Pompliano: "$6B hack, only a 5% drop in Bitcoin's price. That's actually a pretty bullish sign."
Code3Bitcoin retweeted
This team has done a lot of work in the last quarter. We share updates weekly, meet monthly, met in person with many from the developer community, and are putting our funding to work. Our work has significantly increased my confidence in Bitcoin Security.
Code3Bitcoin retweeted
This should go without saying, but usually the time to sell Bitcoin (if you are going to) is Q4 of post-halving years, not during the Q4 dump of midterm years.
Usually the Q4 dump of midterm years just provide opportunities to buy for those who sold long ago.
While many people will have you believe all sorts of things, I was clear that Q4 2025 was the top and that the accumulation phase started (in my mind) on July 1st, 2026 (with the potential for a Q4 drop like we typically see in midterm years).
teapawt.org/benjamincowen/status/2…
Code3Bitcoin retweeted
In light of the recent security events on other exchanges, we want to reassure clients that River is unaffected and all bitcoin remains secure.
All client bitcoin is held in multisig cold storage, never lent out, and accounted for through our monthly Proof of Reserves. Our hot wallet maintains a minimal balance, has strict internal controls, and no individual at River has unilateral access.
Every client deserves to know how their bitcoin is protected. Safeguarding your savings and maintaining transparency are our top priorities.
If you have any questions about our security practices, our team is always here to help.
Do not hesitate to reach out.
Code3Bitcoin retweeted
We were 1 penny away from par...
... and Binance just had to ruin everything again. 😂
We'll bounce back quickly - just like we did following MSCI FUD.
Code3Bitcoin retweeted
Looks like Bitcoin finally made it to the bull market support band.
Note that TOTAL2, TOTAL3, MSTR, SPX, and NDQ all gave the signal that BTC would move this direction last week.
Code3Bitcoin retweeted
Binance has committed its own balance sheet to making customers whole. I expect it to deliver. Our industry will learn from this incident, strengthen security, and emerge stronger and more resilient.
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
