Building. Get Off Zero! Opinions, likes, retweets, comments are my own and are all CONTEXT DEPENDENT.

Joined January 2018
43 Photos and videos
Bit Coyne retweeted
RYE WINS THE CLASS C NYS LACROSSE CHAMPIONSHIP!!! Rye 15 - 9 Jamesville-DeWitt Congrats to the Rye Varsity Lacrosse Team on an INCREDIBLE year with a storybook finish! Congrats on an AMAZING first year of coaching Rye High to Head Coach Gutski and his coaching staff!
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Bit Coyne retweeted
StoneX Digital and Benchmark are independently hosting a webinar today at 11 AM ET on $MSTR, $STRC, and $BTC capital markets. Register here: us06web.zoom.us/webinar/regi…
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Bit Coyne retweeted
Whole stadium trying to figure out wtf they’re watching lmao

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Bit Coyne retweeted
Bitcoin is -2.88σ below its 200-day moving average. In 10 years of data, this has literally NEVER happened before. Not during COVID. Not during FTX. Never. I analyzed what this means. The findings are striking. 🧵 Thread with charts ⬇️ @SASchoenfeld @MarketVector @matthew_sigel
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29 Apr 2025
It’s that simple. #TikTok tiktok.com/t/ZTjh3NKj9/

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26 Apr 2025
nypost.com/2025/04/26/opinio… Blockchain-based stablecoins are now the seventh largest buyer of US government debt, exceeding Germany, Australia and other big countries. And they’re growing quickly — surpassing $200 billion in size this year and nearly $250 billion today.
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Bit Coyne retweeted
1/ 🚨 Oregon is suing @coinbase — and it’s not just another enforcement action. Here’s why this case matters for the future of crypto regulation in the U.S. 🧵
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Bit Coyne retweeted
3 Apr 2025
“Look, the prices of goods going up and my portfolio going down isn’t necessarily a bad thing, because I love working and that just means I need to grind even harder now”
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Bit Coyne retweeted
I've been thinking about this quite a bit since @brian_armstrong wrote it, and didn't want to shoot from the hip (or on April Fools, because this is not my first time on the internet). But I've gathered a few thoughts and want to share them. 1 - I understand why both banks and issuers would like interest to be prohibited for stablecoins. For banks, they see this as eliminating one source of competition. For issuers, well, keep the money! However, there is one group who we didn't mention there, which is consumers. 2 - For the consumer, part of why banks post-2008 have been such a nightmare is that you don't get paid any interest on the checking accounts you have, so if things go well, the bank executives make a ton of money, and if things don't go well, the public bails them out! That's... not a fair arrangement! 3 - For a stablecoin, the assets are much safer but the business model is pretty simple. Again, why isn't the consumer able to get paid yield and we have a competitive market? 4 - All of this is profoundly anti-competitive in the end. It serves as a subsidy for either banks or stablecoin issuers at the expense of competition and the economic returns to the consumer. 5 - This ban on interest will greatly inhibit adoption, which is a point I think is understated (and why the banks likely enjoy the ban). After all, if I have a stablecoin that pays interest less a small fee for management, everyone can take that and hold that and get paid a fair amount. It becomes the "neutral" option for money if only backed with something like t-bills. Interoperable, generally acceptable, cheap to create. Essentially like the Vanguard low fee index fund concept, but for your deposits. You can see why they want to cripple that for companies and not pay interest - otherwise, people might actually use it! 6 - The people most hurt by this will be the non-rich and small businesses. They are the ones currently getting scalped the most by our financial monopoly, and the ban on interest is just a vote to continue expropriating them. So, after turning this over a few times in my head, I find it hard to construct a non-protectionist argument for why we would want to ban paying interest. And from a US perspective: another jurisdiction will allow this, so if we don't, we're just going to lose business abroad. Thus, I think Brian is right. It's a bad idea. It's pro-monopoly and anti-consumer. It's also just silly, in the end. Let the market sort it out, so long as the rules around reserves and bankruptcy remoteness are correct (that's where the rubber meets the road on safety).
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2 Apr 2025
Hey @ryancohen, curious why @gamestop $GME chose @TDBank_US as sole bookrunner on the Bitcoin convert issuance when TD shut down their crypto unit and bailed on the industry? Why not give it to the old Cowen team who's now at @StoneX_Official and very crypto native?
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Bit Coyne retweeted
March Madness is here

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Bit Coyne retweeted
12 Mar 2025
BREAKING: Apple just announced the new iPhone, exclusive for ETH holders
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Bit Coyne retweeted
The SEC has already dropped 11 lawsuits against crypto-related companies in the last month. The regulatory shift is clear. Even if we don't feel its effect on markets right now, the long-term impacts of this cannot be understated.
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Bit Coyne retweeted
Price of a bitcoin on Christmas Eve 🎄 2024: $94,206 2023: $43,389 2022: $16,832 2021: $50,825 2020: $23,475 2019: $7,318 2018: $4,124 2017: $13,611 2016: $899 2015: $453 2014: $330 2013: $651 2012: $13 2011: $4 2010: $0.25 2009: $0 2008: $0
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Bit Coyne retweeted
The perfect Christmas gift 😉
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Bit Coyne retweeted
21 Dec 2024
Not sure how this isn’t ETF chart of the year… Anyone have something better?
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Bit Coyne retweeted
21 Nov 2024
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Bit Coyne retweeted
The four stages crypto guys go through when trading meme coins
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