Hatingon₿oomers ⚡️🟠 (@Roubini18) header
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We are all Satoshi. https://teapaw.org/t.co/B5EoMgeqBA

Joined February 2021
Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)Photo by Hatingon₿oomers ⚡️🟠 (@Roubini18)
Hatingon₿oomers ⚡️🟠 retweeted
SQUARE EXPANDS BITCOIN PAYMENTS ACROSS ITS 4 MILLION MERCHANT NETWORK ON TUESDAY Jack Dorsey’s Square is expected to complete its phased Bitcoin payments rollout on November 10, expanding availability across its network of more than 4 million merchants. The rollout began March 30, when Square started automatically enabling Bitcoin payments for eligible US businesses rather than requiring merchants to opt in. Customers can pay using the Lightning Network, with transactions settling in seconds. Merchants receive US dollars by default but can choose to keep payments in Bitcoin. Square is waiving Bitcoin payment processing fees through December 31, 2026, after which a flat 1% fee applies. Merchants can also automatically convert up to 50% of their daily sales revenue into Bitcoin. The expansion makes Bitcoin acceptance a default feature for eligible Square businesses, potentially bringing Lightning payments to millions of storefronts without requiring new hardware.
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Hatingon₿oomers ⚡️🟠 retweeted
Theres no red Theres no blue It’s the money printer vs you
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Hatingon₿oomers ⚡️🟠 retweeted
Bitcoin is already responsible for destroying a lot of methane (through using flared gas). It could quite feasibly become the world's first carbon negative industry in history.
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Hatingon₿oomers ⚡️🟠 retweeted
Fiat debases knowledge
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Hatingon₿oomers ⚡️🟠 retweeted
# Black October For anyone who knows me even somewhat well, it's clear that I am a 99th percentile tech optimist. However, the vibes have shifted for me quite a bit in the last 18 hours, and I feel a moral imperative to share what I'm thinking and feeling with my circles so that everyone can understand, and hopefully take seriously, what's happening right now. I think October 2026 will have many chapters written about it in the history books. You know those scenes in financial movies like Margin Call where someone realizes that they're all fucked, and no one else sees it yet? And that person feels like they're crazy, and then suddenly everyone is pulling an all-nighter in a boardroom and freaking out? Yeah, that's kind of how this is feeling right now in the SF/Bay Area/AI circles. We're 48 hours into what is being called Black October. In the last 2 days there have been several dozen cyber attacks which, in isolation, would each have been the worst to happen in an entire calendar year. Every sector from government to education to big tech and banks is being massively affected, and people are starting to freak out. In a nutshell, what's happened is that frontier AI models have gotten to a point where they are as advanced as the most sophisticated programmers, with one critical difference: they can work 24/7, and you can spin up 10,000 of them with a single command and they'll work together tirelessly until they accomplish their task. The most advanced models today are from companies like Anthropic and OpenAI, whose current best technology is so good that they haven't been able to roll it out to everyone yet because of the national security risks it poses. Meanwhile, the best open source models (where anyone can just download the model weights and do whatever they want with them, uncensored) are slightly behind the frontier but still 90-95% as capable. These models, developed primarily in China, are being used by black hat hackers to wreak havoc on the Western capitalist structure. Presumably, this has been part of China's plan the entire time, and we're seeing its implications fall out in real time. In red-pilled AI circles, we've been sharing and reading papers called things like "Situational Awareness" and "AI 2027" for the last year or so, which at the time felt a bit like near-term speculative fiction. They laid out the case for why Artificial General Intelligence (AI smarter than any human at any knowledge task) and Recursive Self-Improvement (models that are able to use themselves to get better) weren't half-baked future ideas anymore, but instead an inevitable outcome of the linear progress that's happening. These papers would then talk about things like "takeoff scenarios," trying to envision how that moment would come to be and what it would be like when it happened. It would either be a "slow takeoff" that would play out over the course of months and quarters, happening subtly and only obvious to a few. Or, it would be a "fast takeoff" where it would pretty much happen instantly, like a bit flipping from 0 to 1. From everything that I can see and am feeling, we are currently experiencing the fast takeoff scenario. Beyond the crazy security vulnerabilities that have come out recently, there have also been massive breakthroughs in life sciences, fundamental computer science, materials science, and pure mathematics that have all landed in the same time frame. While I still firmly believe that AI will be a net positive for humanity, it's more clear to me than ever that the societal and individual risk is very real, and is playing out NOW. For as much conviction as I have that this is happening, the thing that's caused me to lose sleep is that I don't really know what to do about it, or more importantly, what to tell you, reader, to do about it. So, the best I can do is make a few suggestions that have always been a good idea but are more timely now than ever: Set up 2-factor authentication for everything. I use Duo. Use a password manager across your devices. I use 1Password. Get an identity protection app set up. I use Alta. Move your IoT devices to their own network. Claude helped me do this. And last, but certainly not least, if you've been avoiding leaning into AI, see this as a catalyst to wake up and start using it. Don't just use the chat mode version of ChatGPT/Claude; click that Code/Work button and see how easily you can have AI write code to help you with your job. One of the biggest vulnerabilities was in a massively popular programming language called PHP, and the prompt that set it off was literally, "Find vulnerabilities in php." This is an unprecedented time for humanity, but as we've done with many things before, we will prevail so long as we are kind, loving, and open-minded to the world. Much love.
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Hatingon₿oomers ⚡️🟠 retweeted
People - the debt will be inflated away but not all stores of wealth will be accessible to you. IMF paper documents the whole incoming regime of Financial Repression. You may see a balance in your brokerage or bank, but you will not be able to spend it. Overview The Western governments owe $100 trillions of dollars of debt. They can never pay this debt. They have no choice but to inflate it away as they did after the World Wars. This goes for all Western governments. First understand the basic mechanism of money supply expansion, QE. Quantitive Easing or QE is a term used often but understood by very few. It is simply the central bank (or Federal Reserve in the US) buying bad debt from other government debt holders. It can be called debt monetization and is mostly called “money printing”. QE increases the size of the central bank (Feds) Balance Sheet. But why does this cause inflation? Why do they call this inflating the debt away? The answer is because prices go up because more money is bidding for the same goods and services so the price of these goods and services bids up. The people pay for the debt with inflation and Financial Repression locks them from accessing the inflated assets. The IMF just released their new paper “The Coming Great Repression”. This is Financial Repression and its coming fast. The governments will lock all exits from the fiat dollar/euro/yen systems then inflate the supplies to monetize the debt. The early years before the events will be an attack on self sovereign assets and anything that shields wealth from government control. The main stream media never even reported on this paper. There will be an attack on Western citizen wealth. Self Custody crypto and physical gold are the only lifeboats for wealth preservation under this incoming regime. Look for more self custody FUD campaigns and more pressure to move to controlled custodial solutions behind “logins”. There will be capital controls and guard rails around regulated custodial stores of value (banks, money markets, stocks and brokers) so you will not be able to withdraw or use your wealth even though you technically can see it. This has begun in the UK and is rolling out towards 2030. Remember just because you can see your bank balance does not mean you can spend it. That is Financial Repression an its a high probability outcome according to the IMF. Hedge now into self custody L1 network stake and Bitcoin. Not ETFs. Not treasury companies. Self custody. Read it -> imf.org/-/media/files/public…
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Hatingon₿oomers ⚡️🟠 retweeted
A new paper from the BIS—the central bank of central banks—describes gold as a "monetary protest" reflecting eroding confidence in institutions and central banks, while Bitcoin "shares this impulse and adds a technological veneer." Meanwhile, central banks themselves have been buying gold at a historically record pace, and more financial institutions than ever before are embracing Bitcoin. What does it say when the very institutions that underpin the monetary system are themselves participating in a "monetary protest"? 🤔
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Hatingon₿oomers ⚡️🟠 retweeted
"..and there's an infinite amount of cash at The Federal Reserve. We will do whatever we need to do to make sure there's enough cash in the banking system." - Neel Kashkari (Fed President, 2020) It's a simple trade, folks. A hedge against this keynesian nightmare. #bitcoin
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Hatingon₿oomers ⚡️🟠 retweeted
Replying to @JasonPLowery
@JasonPLowery was right.
Micro Center is now asking some RTX 5090 buyers to sign an “Advanced Computing Product Purchaser Declaration.” The form requires the customer to provide their name, address, government-issued ID information, intended use, and where the product will be used. It also states “NO EXPORT — NO EXCEPTIONS”, with buyers agreeing that they won’t export, re-export, transfer, resell, or provide the product to anyone intending to export it from the United States.
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Hatingon₿oomers ⚡️🟠 retweeted
JUST IN: $13T giant Charles Schwab says strong dollar and rising oil won't crush Bitcoin! 🚀 "Institutional adoption and debasement narrative can actually make these factors have less of an impact."
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Hatingon₿oomers ⚡️🟠 retweeted
Ignorance of the law is no excuse, Anon
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Hatingon₿oomers ⚡️🟠 retweeted
A bank just failed (Nano Banc of Irvine, California) and the 10 Year bond yield is skyrocketing. Probably nothing.
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Hatingon₿oomers ⚡️🟠 retweeted
I expect this Bitcoin bull cycle to deliver 3–5x rather than another 10x+ parabolic rally, followed by a milder bear market. When Bitcoin was smaller and retail dominated, hot money fueled explosive rallies and 80% crashes. Today, a much larger market and growing institutional ownership are dampening both extremes. The same forces that limit the upside also soften the downside. The PnL Index, which tracks aggregate holder profitability, reflects this: less extreme cycle tops and bottoms forming at higher profitability levels. This cycle, MVRV never fell below 1. Even at the lows, BTC stayed above holders' average on-chain cost basis. Some investors took losses, but holders as a whole never went underwater. Meanwhile: → Rising realized cap signals fresh capital inflows. → OG whales have stopped selling. → Futures whales built large longs near the bottom. Even the PnL Index's 365-day moving average, which typically lags at turning points, is forming a meaningful inflection right now. None of this means Bitcoin has a ceiling. It means the trade-off has changed. Giving up the 10x parabola also means giving up the 80% crash, and that is exactly what invites patient, long-horizon capital instead of hot money. The road here was messy and nothing like a straight line, but the destination may be closer to what Satoshi described than the speculative years ever were: an asset stable enough to actually be used as money. The vision shared by Satoshi and generations of Bitcoiners, once called a self-fulfilling prophecy, may finally be becoming reality. Once Bitcoin grows mature enough to serve as real money, internet-native capital could reshape the world in ways far beyond what you imagine.
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Hatingon₿oomers ⚡️🟠 retweeted
KYC is dangerous and must be completely abolished.
With 360 Bitcoin wrench attacks cataloged, it's time to take the archive to the next level. Over the weekend I clanked out this interactive dashboard; feedback is welcome! jlopp.github.io/physical-bit…
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Hatingon₿oomers ⚡️🟠 retweeted
Not going to lie. This is a pretty baller line from Bessent. “I am the house now”
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Hatingon₿oomers ⚡️🟠 retweeted
Serious question. If Coldcard’s RNG was silently bypassed for years due to a firmware/build bug, what’s stopping the same class of subtle entropy failures from existing in other hardware signing devices (Trezor, Ledger, BitBox, Jade, etc.)? Are we just assuming their TRNG + mixing designs are solid because nothing has blown up yet, or has anyone actually audited the equivalent code paths?
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Hatingon₿oomers ⚡️🟠 retweeted
Regarding the Coldcard entropy bug – many folks are explaining what happened but I wanted to take a minute to explain why it may have happened. It's a disastrous situation and our heart goes out to all the Bitcoiners affected. Here's a timeline of events: On July 28 2020: @FoundationHQ announced our first Passport hardware wallet and noted that we were building on Coldcard firmware which at the time was GPLv3 licensed (FOSS license). On July 30 2020: NVK publicly said he regretted choosing GPL because Coldcard now had a “clone” and that they would change things in future updates. teapaw.org/nvk/status/12888603458… On November 18 2020: Coldcard added its MIT + Commons Clause license, prohibiting commercial products substantially derived from the software. github.com/Coldcard/firmware… On January 8, 2021: Coldcard firmware 3.2.1 formally announced, “License changed from GPL to MIT+CC on files for which the GPL doesn’t apply.” CC is the "Commons Clause" license addendum which is "source available" instead of FOSS. On March 1, 2021: The “First pass w/ libNgU” commit removed the GPL @Trezor-derived crypto libraries and replaced them with libNgU. That same 120-file commit changed seed generation code. libNgU was licensed with a novel “Licensed for Bitcoin Only” license. On March 17, 2021: Version 4.0.0 announced that all crypto and BIP39 code had been replaced and that the “last remaining GPL code” was removed. blog.coinkite.com/version-4.… github.com/Coldcard/firmware… Our best understanding right now is that the entropy bug was collateral damage from this major overhaul of the codebase. To be clear, this overhaul was not solely about licensing. Coldcard also cited technical goals including adopting Bitcoin Core’s libsecp256k1, faster AES and SHA implementations, and reproducible builds. But the timeline establishes two things: (1) Foundation’s launch was the obvious impetus for Coldcard’s licensing change, and (2) removing the remaining GPL code was an explicit goal of the subsequent v4 rewrite. We don't know by how much the licensing pressure affected the scope or timeline of the rewrite. All we can determine is that the entropy bug was introduced inside the same 120-file commit that removed the old GPL code dependencies.
This quoted post is unavailable.
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Hatingon₿oomers ⚡️🟠 retweeted
JUST IN: Bitcoin is now 59.4% sustainably powered 🥇Higher than any reported global industry ⬆️Up 7.0% since last Cambridge survey 14 months ago 🌊Largest power source: hydro Source: Cambridge 2026
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Hatingon₿oomers ⚡️🟠 retweeted
I published a note today that I've been thinking about for months.. About how the US stock market has arguably become too big and too imp to fail.. It's basically America's retirement fund now and poss even the savior of social security which is expected to run out of money in less than 10yrs -Curr 55% of ppl own stocks, by far most in world. And w/ Trump Accounts bringing in 28 million add'l americans into stock ownership the vast majority of ppl (incl Top 1% (who own HALF of stock mkt), middle class and lower income) will have financial interest in the health of stock mkt and they're all voters = the political pressure to keep stocks out of a prolonged bear market is going to be very powerful. -As such I think there's good chance the Fed will buy equity ETFs in the next major downturn to support market and it will be common practice going fwd. China and Japan already do this. They may even target certain sectors or Capex cos with the purchases. -This is a massive variable that I feel like is a blind spot among the experts out there and why the bears get run over time and time again altho I think investors are onto it as evidenced by the persistent flows into ETFs during pullbacks as well as a survey of 1000 ppl showing 3/4 of them are confident the Fed will bail out markets in next crisis. -This is just one byproduct of the 'Nothing Stops This Train' monetary supply explosion and debt extravaganza sweeping the world but esp in US which at this point feels irreversable.. Thoughts? lol
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