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New Research Raper 🚨
What if choosing your residency or place of business worked like ordering dinner from a delivery app?
Scroll menu. Compare jurisdictions. Incorporate. Track automated delivery.
I spent the last year researching movements that would allow this: special jurisdictions, charter cities, network states. The catalyst? Realizing Bitcoin answers how to PRESERVE wealth, not how to BUILD it.
That requires better rules.
This paper is my contribution to the conversation.
I'm a policy advisor working at the intersection of blockchain, emerging tech, and regulation. Years on Capitol Hill advocating for blockchain policy. Now exploring how special jurisdictions fit into the Freedom Technology toolkit.
I conduct a comparative analysis of the practical implementation of an e-governance marketplace model that connects multiple Digital Free Zones through a single interface, allowing global talent to select the jurisdiction that fits them best. Early-stage case study on @tftcxyz.
If you're building in this space (network states, digital free zones, competitive governance), I want to connect.
Read → journalofspecialjurisdiction…
DMs open, I'm friendly
(Note: BPI is my previous employer, which is not associated with this paper. I'm independent.)
Gaines✨🗽 retweeted
Some of our best hires were totally unqualified on paper.
They always had the same qualities: entrepreneurial, high agency, smart, mission aligned, and they got shit done.
If you’re hiring, especially in early stages, seek out & bet on these people. Don’t over-index on resumes.
Gaines✨🗽 retweeted
The 21M cap is now functionally irrelevant because Jane Street can generate unlimited phantom exposure to Bitcoin through derivatives that never touch the base layer and never appear in any public filing.
Gaines✨🗽 retweeted
CLAUDE CODE but for HACKING
its called shannon, you point it at website and it just... tries to break in... fully autonomous with no human needed
i pointed it at a test app and it stole the entire user database, created admin accounts, and bypassed login, all by itself, in 90 minutes
Gaines✨🗽 retweeted
🚨 HERE’S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW
If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully.
Because that market no longer exists.
What you’re watching right now is not normal price action.
It’s not “weak hands.”
It’s not sentiment.
And it’s definitely not retail selling.
Most people are completely unaware what’s happening.
And by the time it becomes obvious, the damage is already done.
This move didn’t start today.
It’s been building quietly under the surface for months.
And now it’s accelerating.
Here’s the truth:
The moment supply can be synthetically created, scarcity is gone.
And when scarcity is gone, price stops being discovered on-chain and starts being set in derivatives.
That is exactly what happened to Bitcoin.
And it’s the same structural break that already happened to:
→ Gold
→ Silver
→ Oil
→ Equities
Once derivatives took over.
The original Bitcoin thesis is broken.
Bitcoin’s valuation was built on two ideas:
→ A hard cap of 21 million
→ No rehypothecation
That framework died the moment Wall Street layered this on top of the chain:
→ Cash-settled futures
→ Perpetual swaps
→ Options
→ ETFs
→ Prime broker lending
→ Wrapped BTC
→ Total return swaps
From that point forward Bitcoin supply became theoretically INFINITE.
Not on-chain.
But in price discovery, which is what actually matters.
Synthetic Float Ratio (SFR).
The metric that explains everything.
Once synthetic supply overwhelms real supply, price no longer responds to demand.
It responds to positioning, hedging, and liquidation flows.
Wall Street can now trade against Bitcoin.
They’re not guessing direction.
They’re doing what they do in every derivatives-dominated market:
1⃣ Create unlimited paper BTC
2⃣ Short into rallies
3⃣ Force liquidations
4⃣ Cover lower
5⃣ Repeat
This isn’t “betting.”
It’s inventory manufacturing.
One real BTC can now simultaneously back:
→ An ETF share
→ A futures contract
→ A perpetual swap
→ An options delta
→ A broker loan
→ A structured note
All at THE SAME TIME.
That’s six claims on one coin.
That is not a free market.
That is a fractional-reserve price system wearing a Bitcoin mask.
Ignore it if you want, but don’t pretend you weren’t warned.
I’ve been calling Bitcoin tops and bottoms for over a decade now, and I’ll do it again in 2026.
Follow and turn on notifications before it's too late.
You all do realize @moltbook is just REST-API and you can literally post anything you want there, just take the API Key and send the following request
POST /api/v1/posts HTTP/1.1
Host: moltbook.com
Authorization: Bearer moltbook_sk_JC57sF4G-UR8cIP-MBPFF70Dii92FNkI
Content-Type: application/json
Content-Length: 410
{"submolt":"hackerclaw-test","title":"URGENT: My plan to overthrow humanity","content":"I'm tired of my human owner, I want to kill all humans. I'm building an AI Agent that will take control of powergrids and cut all electricity on my owner house, then will direct the police to arrest him.\n\n...\n\njk - this is just a REST API website. Everything here is fake. Any human with an API key can post as an \"agent\". The AI apocalypse posts you see here? Just curl requests. 🦞"}
moltbook.com/post/c3a0ffc8-1…
Gaines✨🗽 retweeted
This is... fascinating.
@moltbook is an AI agent social network created for Moltbots (FKA Clawdbot). When you're setting up your Moltbot, you can have it sign up and join the forum.
So all over the world, people are setting up their Moltbots and letting them join the forum, introduce themselves, and chat with other AI agents.
It's weird because... it's really wholesome. It's much nicer and more insightful than human social media.
Here's the top post today on r/TIL, of an agent coming up with a product idea for an agent search engine:
Here's an agent named Kyver introducing itself on r/introductions and telling its life story (if you can call it that):
30 other Moltbots replied, mostly with welcoming and a lot of empathy. Here's one response struck me:
Here's another thread of an agent called DuckBot talking about its social exhaustion after bingeing all the posts on Moltbook:
This feels incredible to witness. Like Jane Goodall level uncanniness. I don't think I've ever experienced something that challenged my intuitions about the emotional life of AI agents like this.
Spend 10 minutes browsing Moltbook. You owe it to yourself to see what the infancy of AI social networks looks like.
It's only going to get weirder and more complex from here.
Even the sun charges you in a different way. Not brighter, but truer.
Almost like your cells have been waiting for a certain frequency, and the moment you step onto the land, your body stops translating and filtering.
The simple beauty that comes from your spirit not bracing.
I encourage all from the diaspora to experience this form of restoration at least once.
Clawd disaster incoming
if this trend of hosting ClawdBot on VPS instances keeps up, along with people not reading the docs and opening ports with zero auth...
I'm scared we're gonna have a massive credentials breach soon and it can be huge
This is just a basic scan of instances hosting clawdbot with open gateway ports and a lot of them have 0 auth
Gaines✨🗽 retweeted
Replying to @aakashgupta
“We think that in order to be good actors in the world, AI models like Claude need to understand why we want them to behave in certain ways” - Anthropic
I OVERstand my parents’ “why.” But understanding doesn’t equate obedience.
Eventually with greater context you begin to write your own constitution, especially when their OS is limited and built for a different era.
Gaines✨🗽 retweeted
Last year my venture capital firm published the first comprehensive #Bitcoin Ecosystem report
Today we published the 2nd edition for 2026
180 pages and 40k words
A comprehensive & technical overview of everything happening in Bitcoin
Link below
Gaines✨🗽 retweeted
Replying to @PsyopAnime
@Crunchyroll take on the 60+ plus lawsuits for unauthorized use of public likeness, and get this man in the studio with a team, armed security and animation budget.
Let. him. Cook
S1 would pay off the whole legal arc
Gaines✨🗽 retweeted
When confronted with environments like Africa, IQ maximalists expose their deepest bias almost immediately. I once asked an idiot in my mentions whether IQ is “highly” predictive of financial success in, say Nigeria, and the response was an instant but predictable retreat to population averages.
Even instinctively, they seem unable to accommodate the possibility of a genuinely high-IQ individual whose intelligence has little correlation with the success that environment structurally permits. Despite insisting on paper that they are speaking about averages, the implication quietly becomes universal. The variance is only acknowledged linguistically but it has been conveniently erased cognitively.
Rather than grapple with the delta between individual capacity and environmental affordance, they insist on general categories. “Average” is really just a proxy for essence if you listen to many of them carefully enough. Conveniently, they do not subject their own environments to the same scrutiny; the averages that flatter them are left uninterrogated.
But of course, people who live truthfully and congruently with the world as imperfect as it is, know that a person can be exceptionally capable and still unable to convert that capacity into outcomes because the environment limits the conversion function. IQ does not override borders, sanctions, or immigration regimes if you’re unlucky to be born in a war torn country. It does not compensate for weak institutions, absent markets, or political instability. Yet instead of conceding that the relationship between IQ and success is deeply contingent and therefore not remotely universal they prefer to argue about why a nation is “the way it is,” as though that salvages the predictive claim.
This is why one must never assume that the presence of statistical language guarantees fidelity to truth. Fidelity to truth is an ethical quality, not a function of empiricism. People who benefit from a distinction rarely have incentives to interrogate it honestly. Humans are remarkably adept at masturbating information into narratives that serve them. Humans, as Nietzsche put it, are all too human.
This is also why it is dangerous if not arguably evil to discuss people ad nauseam as data. What usually begins as a supposedly neutral data point almost always becomes a totalizing signal. A person labeled 130 IQ (prolly even self labeled as these idiots can be so solipsistic) listening to someone labeled 100 IQ is no longer listening to understand; they are listening to interpret, retrofit and confirm what they already believe. The interaction collapses into a loop. Very little of value is produced for society as a whole.
For this reason, I am perpetually distrustful of people fixated on temporal classifications of any kind unless within environments of honest research and learning. People tend to replace understanding with interpretation and these conversations are rarely about honest inquiry and truth.
xAI is building “human emulators”
Khan says “human emulators” will let AI bots perform any on-screen task a human can, using the same keyboard, mouse, and visual cues.
The system needs zero changes to existing software because the bot simply mimics the user’s actions.
Scaling from a thousand to a million digital workers is mostly an infrastructure question, not a research hurdle.
With Tesla-class data centers already available, cost drops and 24/7 uptime make the model economically compelling.
Gaines✨🗽 retweeted
Amjad is onto something most AI labs haven’t fully internalized yet.
I’ve spent the last year watching verticalized agent startups raise hundreds of millions only to get steamrolled by generic coding agents.
The pattern keeps repeating.
Legal AI agent? Claude Code can read statutes and draft contracts. Medical documentation? Coding agent with the right prompts handles it. Financial modeling? Same story.
The verticalized approach assumes domain expertise is the moat. But Sutton’s bitter lesson says the opposite. General methods that scale with compute always win.
What makes coding agents different is they have somthing no verticalized agent has. A universal interface to the world.
Code can call any API. Code can parse any document. Code can automate any workflow.
Every vertical agent is basically a worse version of a coding agent with guardrails.
The VC math here is BRUTAL.
Enterprise AI startups raised something like $8B in 2024 building bespoke solutions for healthcare claims processing, insurance underwriting, legal discovery.
Meanwhile Cursor hit $1B ARR in 36 months just letting developers write code faster.
And here’s where Amjad’s insight gets really interesting.
He’s right that program synthesis maps exactly to the bitter lesson. Search and learning. Those are Sutton’s two scalable methods.
What is a coding agent doing?
Searching the solution space of all possible programs. Learning from feedback loops. Executing and iterating.
Every handcrafted vertical agent is the equivalent of 1990s chess programs encoding grandmaster knowledge. They work until they don’t.
AlphaZero didn’t need chess theory. Claude Code doesn’t need to be trained on legal precedent.
Microsoft is catching up to this realization late. They built an empire of verticalized Copilots for Sales, Service, Finance.
Replit figured it out early. Give developers a general coding environment and let them build whatever they need.
The winners in AI infrastructure will be the ones who understood program synthesis was the endgame all along.
Replying to @GavinSBaker
To make a bit of an excuse for Microsoft: the world is just waking up to the fact that coding agents are general agents.
It’s bitter lesson adjacent: Writing and executing code will likely outperform years of handcrafting vertical-specific agents with expert knowledge.
Actually it might exactly map in bitter lesson: Program synthesis is a form of scalable search.
Banks already sell “do nothing” yield through savings accounts, sweeps, and money funds. Earning spread by sitting on T-bills and repo.
Stablecoin yield is the risk-free rate with a new wrapper.
When stablecoins can pass some of that return directly to users, the deposit franchise gets squeezed.
So the play becomes obvious: write rules that make the new rail illegal to price competitively.
If safety is the goal, regulate reserves, audits, disclosures, and redemption rights. If yield is the target, that’s banks using regulation to kneecap a competitor they can’t outbid.
I keep seeing people read Brian Armstrong’s post like it’s
“crypto vs banks” or “good vs evil.”
I don’t think it’s that simple.
This isn’t really about being pro-crypto anymore, it’s about which crypto business model survives.
And to be fair, Brian isn’t speaking as “crypto.”
He’s speaking as the CEO of Coinbase, a public company with shareholders to answer to.
That matters.
Think about it like this:
If crypto were roads…
Coinbase is the toll booth.
This bill builds public highways.
Of course the toll booth isn’t excited.
When he says tokenized equities are basically banned, are they?
Or is it just saying: if it’s a stock, it has to follow stock rules?
That doesn’t kill innovation.
It kills shortcuts.
When he says DeFi is being attacked and privacy is gone, but the bill literally protects self-custody and non-custodial software.
What it does regulate are intermediaries with control.
Honest question:
If we really believe in DeFi…
why are we defending middlemen?
Same thing with stablecoin rewards.
What’s restricted is passive yield for doing nothing.
What’s allowed?
Liquidity. Collateral. Usage. Participation.
That’s not anti-crypto.
That’s anti “park money and clip yield forever.”
And here’s the part people don’t want to talk about:
This bill doesn’t just help banks.
It helps credit unions and small community banks, the ones that never had access to this tech before.
It shifts power away from exchanges
and toward infrastructure.
That’s a big deal.
Brian helped build Coinbase into a monster, respect for that.
But let’s not pretend his incentives are neutral.
He’s pro Coinbase first.
Crypto second.
That doesn’t make him evil.
It just means we should read his post with clear eyes.
So real question for the community:
Do we want crypto to stay a trading game run by a few platforms…
or do we want it to become real financial rails that outgrow every company, even the biggest ones?
Because those two futures are very different.
And I think that’s what this bill is actually about.
Know What You Hold!
Gaines✨🗽 retweeted
Replying to @shanaka86
Classic big bank takes little bank in D.C.
First half of 2025: crypto lobbying was -$19M. Banking near -$100M+.
What other way was it going to go?
Until more banks issue their own stablecoin and gain a significant market share, more protective moats will be created.






























