#bitcoin 致力於推廣比特幣教育 ⚡️superwww@zbd.gg

Joined December 2017
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JACK TSENG⚡️ retweeted

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JACK TSENG⚡️ retweeted
Jun 1
You were told the dollar is money. It isn’t. This is the story of how saving became punishment, how debt became money, and how the American Dream became a subscription product with surge pricing. @AdamBLiv covers how dollars are created, why banks don’t really “lend out” deposits the way most people think, how the gold standard was dismantled, why the dollar has lost nearly all of its purchasing power since the Federal Reserve was created, and how inflation forces normal people into financial anxiety, speculation, and lifelong dependence on a broken monetary system. The dollar is just a Federal Reserve Note, a debt instrument, an IOU, a little green promise from a system that has spent the last century quietly destroying the value of your labor. Fiat money is the greatest scam in history. The scam is simple: You give them your time. They give you melting paper. Then they call it prosperity. There is something better. It is called Bitcoin.
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JACK TSENG⚡️ retweeted
The @btc faucet is open again! Claim Your Free Sats ⚡🚰 Step 1: Get your @ tether.me handle (Download Tether Wallet). Step 2: Post tagging @btc your @tether.me handle. Step 3: Receive free Sats instantly! Follow @btc & @tetherwallet
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JACK TSENG⚡️ retweeted
People seem to think I'm constantly pushing Bitcoin because I get something out of it I get nothing out of you (as an individual) buying Bitcoin, and your buys will very likely be too small to have any impact on the market price I constantly post about Bitcoin because I KNOW that every entity in the world will be chasing it In 20 years, you won't get 1 BTC for $67,000 You will be paying $10M after all the governments and financial institutions buy as much as they can I get nothing from convincing individuals to buy In fact, it's extremely stressful to answer questions from arrogant individuals who have spent zero hours studying but claim to know where Bitcoin is going My posts are designed to help you to get ahead in life by owning the best asset in the world I KNOW Bitcoin will be much higher in a few years I KNOW that Bitcoin will be the world reserve asset, and everybody on earth will need it to save for the future as fiat currencies slowly steal your purchasing power I KNOW Bitcoin is headed to $10M I also am aware that 99% of people have done no research on this topic because mainstream media has told them its a scam I want you to open your eyes to this Your future financial position makes zero difference to me But if I can help more people get out of the rat race, I will do whatever I can to achieve that If you knew the key to helping others avoid financial failure, wouldn't you share it? But you don't have to listen to me - go read a Bitcoin book Here's a list of books I think are worth your time if you want to understand Bitcoin: 1) The Bitcoin Standard 2) The Fiat Standard 3) Fiat Food 4) Layered Money 5) Broken Money 6) The Big Print 7) The Price of Tomorrow 8) The Internet of Money 9) Rich Dad, Poor Dad 10) The Psychology of Money Most people will ignore this post, but I hope you don't
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JACK TSENG⚡️ retweeted
FIDELITY: Bitcoin may be entering a "supercycle." 👀
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JACK TSENG⚡️ retweeted
Sentiments of Venezuelans I’m going to say this once, and I don’t care if it makes people uncomfortable. If you have never lived in Venezuela If you did not grow up there If you did not watch your country collapse in real time If you did not stand in food lines If you did not watch your parents lose everything they built If you did not have to leave your home with nothing Then shut the fuck up. You do not have an opinion. Your opinion does not matter. And you don’t get to lecture anyone about what’s happening there. I’m Venezuelan. I lived there most of my life until my early twenties. I watched my country go from a functioning democracy to full blown socialism right in front of my eyes. This is not politics to me. This is trauma. Before socialism, Venezuela was not perfect, but it worked. There was trade. There was money coming in. There was investment from the US. There were jobs. There was food. There was medicine. My family had five businesses. We had our home We had investments. We had a future. Then the government started nationalizing everything. Private companies were taken. Foreign investors were pushed out. Imports were blocked. Price controls destroyed production. Corruption exploded. And everything died. Not slowly. Violently. People didn’t suddenly become poor because of “capitalism” or “the US” or whatever bullshit slogan people like to repeat online. They became poor because socialism destroyed incentives, destroyed production, destroyed trust, and destroyed hope. People today in Venezuela are not debating ideology. They are trying to survive. They are trying to find food. Trying to find medication. Trying to keep their families alive. So when I see people in the West posting from comfortable homes, full fridges, stable currencies, and safe streets talking about “imperialism” or “US bad” or “Trump this or that” No. It’s not complicated. You’re just ignorant. China is not rebuilding Venezuela. Russia is not rebuilding Venezuela. Cartels are not rebuilding Venezuela. They are stealing. They are extracting. They are draining what’s left. If the US comes in and reinvests If refineries get rebuilt If infrastructure gets restored If imports open back up If food, water, and medicine become accessible again If people can work and earn with dignity Then yes. Let them take all the oil they want. Because at least something gets built instead of destroyed. This is something to celebrate. Not because it’s perfect. But because for the first time in a long time, there is hope. Hope that families can eat. Hope that people don’t have to flee their country. Hope that Venezuela can function again. If you’ve never lived through a country collapsing If you’ve never watched socialism destroy everything around you If you’ve never had to leave your home because staying meant starvation Then again Shut the fuck up. This isn’t theory. This isn’t politics. This is lived experience. By Stephen Subero
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JACK TSENG⚡️ retweeted
29 Dec 2025
What you have captured in your AI search is the average of what was written on the Internet about Bitcoin over a 7-year period, based heavily on the work of one author, who had his work debunked in peer reviewed study in 2024. The majority of the energy sector, scientific community, media and sustainability media no longer holds this view on Bitcoin Mining. Nor does Cambridge University, who is considered the Gold Standard of Bitcoin & Energy reporting. Happy to share the receipts.
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JACK TSENG⚡️ retweeted
I posted about time-locking and was shocked how many... - didn't use it - didn't know about it - mistakenly thought they couldn't move their Bitcoin. Let me break it down at a high-level for you 👇 First, there are TWO types of time-locking. The 1st one is what you think it is (what it sounds like). But it's the second one I find more useful. ABSOLUTE TIME-LOCKING (CLTV) This is when you take any Bitcoin, or fraction of (technically a UTXO), and make it un-spendable until a future block. The 2nd one is what I'm referring to. This is... RELATIVE TIME-LOCKING (CSV) Think of this as locking additional KEYS into the future rather than your Bitcoin. Consider your current set-up - whether single, single with passphrase, or multi-sig - as your MAIN SPEND. Now consider an entirely new, different set-up - whether single, single with passphrase, or multi-sig - as your RECOVERY SPEND. Got it? Your main spend is available for you to spend whenever you want. BUT... what if you lose your keys? Or what if you die and your family can't find your keys? Well, your Recovery Spend set-up kicks in as an additional access to your Bitcoin. But this Recovery Spend won't kick in unless, and until, you haven't used your Main Spend key within a specified time period. Your Recovery Spend isn't valid and keeps getting pushed down into the future until, or unless, your Main Spend is no longer accessible. Here's a simple example (but the configurations are endless!): You have a typical 12-word single-sig setup. This is your Main Spend. But you then time-lock a Recover Spend for 6 months into the future with a completely separate set of 12-words. You then further define a Recovery Spend #2 as 12 months into the future with yet a third set of 12 words. Now... whenever you transact with your Main Spend, the two Recovery Spend paths you just set up continue to reset the clock. They keep getting pushed down 6 months and 12 months all over again. It's kinds of like a dead-man-switch. As long as there is activity, the recovery paths never take effect. Those two sets of keys can't access your Bitcoin. Someone can find them and nada happens. But... if you accidentally lose your key or die, your 1st Recovery Spend key(s) becomes active 6 months from the last time you spent from your Main Spend key. And then 12 months from the initial Main Spend transacting, the 2nd Recovery Spend becomes available. At that point ALL of these keys work. The key options EXPAND over time. You're adding MORE KEYS that can access your Bitcoin. You can also do the opposite and DECAY the keys rather than expand. So in the example above you can have 3 keys as your Main Spend, then have that decay to any 2 of those same keys as your 1st Recovery Spend, and then have any 1 of those keys as your 2nd Recovery Spend. This way if you have a multi-sig and you accidentally lost the quorum of 2-of-3 keys.... you can wait 12 months and it only takes any 1 of them. Now here's where it gets even better: You can also destroy your Main Spend in any of these set-ups, thus effectively time-locking yourself as there is no key at all to send/spend your Bitcoin in the present. This is the ultimate diamond hands. But because you have a Recovery Spend defined upon set-up, the key(s) you hold for that works at a future point in time (thus resembling Absolute Time-locking). Platforms like Liana or Nunchuk that use mini-script to write these simple If-This-Then-That smart contracts make this crazy easy with pretty sliders and buttons that make it dummy proof. Spin some new keys up and just try it. It's free. Even your desktop can spin up unlimited keys. And you can time-lock just a couple of weeks away to get the feel for it. Even a malicious actor can't get your Bitcoin with time-locking unless they can time travel. If you're a long-term holder I'd learn more about time-locking and see how it might benefit parts of your stack. Of course, multi-sig collaborative security is still one of the best set-ups there is, period. But learning how programmable aspects of Bitcoin work, like time-locking, is powerful for all kinds of use-cases. Satoshi wrote on January 10, 2009: "The [Bitcoin] network infrastructure can support a full range of escrow transactions and contracts." Time-locking is a good example of this functionality.
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JACK TSENG⚡️ retweeted
PARDON SAMOURAI (full episode) @keonne w/@WalkerAmerica Today I talk with Keonne Rodriguez, co-founder of Samourai Wallet, who is set to report to prison on December 19 unless he and his co-founder Bill get a pardon from President Trump... In April 2024, two Bitcoin software developers, Keonne Rodriguez and William "Bill" Lonergan Hill, were violently arrested in their homes in a pre-dawn militarized raid by the FBI for running Samourai Wallet—a non-custodial Bitcoin wallet—despite no prior warnings and full compliance with the law as they and their advisors understood it. They spent the next year and a half in the crippling uncertainty of home arrest, fighting against an adversary with unlimited resources. Keonne was sentenced on November 6, 2025, to the maximum five years in prison, plus an additional fine of $250,000, plus three years of supervised release. Bill was sentenced to four years in prison on November 19, 2025. He will also be responsible for a $250,000 fine, and three years of supervised release. Both men are facing serious time in jail for writing code that supported the privacy and security of Bitcoin users. This case exemplifies DOJ overreach through a dangerous legal theory that criminalizes open-source code for legitimate privacy purposes. **Developers should not be held liable for bad actors using their software.** 0:00 INTRO 2:00 Context of the Case 5:12 The Motivation Behind Samurai Wallet 7:54 The Evolution of Bitcoin and Privacy Concerns 10:59 The Raid and Its Implications 13:59 Understanding the Legal Framework 16:47 The Distinction Between Samurai Wallet and Traditional Mixers 20:02 Regulatory Guidance and Miscommunication 22:48 The Role of the Justice System 25:54 Jurisdiction and the Southern District of New York 32:56 Jurisdiction and Prosecution Tactics 36:41 The Reality of Legal Battles 39:55 Financial Strain and Legal Fees 44:31 Plea Deal Dynamics 52:59 The Absurdity of Charges 1:02:05 The Broader Implications of the Case 1:04:18 The Blanch Memo and Its Implications 1:07:53 The Southern District of New York’s Disregard for Guidelines 1:12:21 The Flawed Prosecution and Lack of Evidence 1:16:55 The Importance of Open Source and Community Action 1:22:40 Hope for the Future and the Call to Action #pardonsamourai #freesamourai
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JACK TSENG⚡️ retweeted
We're living through a once-in-a-lifetime financial event. A global monetary reset. People will tell you everything is fine, but if you look closely you can see the wheels flying off the fiat clown car in real time. Most people will only accept this reality after the fact. But the central planners clearly see the writing on the wall. That's why they are exit scamming into gold. Central Banks are stacking bullion hand over fist, converting fiat promises into hard money as quickly as they can. To understand what's happening, you need to look at Japan. They spent years suppressing their bond yields to try to spur growth. And people took advantage of the artificially low rates by taking out loans in Japan, and sending tons of money overseas to search for yield. This pumped global asset markets. But now Japan is proving that Yield Curve Control is not the solution many people assume it is. Because eventually it leads to real world consequences. Namely, inflation. A central bank can buy bonds in infinite quantities with the click of a mouse, but they can't print energy. Manipulation eventually leads to your currency buying less and less energy and commodities. And digital manipulation manifests in the real world. After years of negative rates, Japan has been forced to allow bond yields to rise to prevent the Yen from fully imploding. So now the 10 year yield is going parabolic in the country with the highest debt-to-GDP levels in the world. As everyone awaits the Fed to restart quantitative easing again, or even kick off Yield Curve Control if things get really hairy... It's worth thinking a couple steps ahead. If Japan is showing us the ultimate conclusion of yield curve control is unacceptable levels of inflation... Why should we think that Yield Curve Control in the US is a solution to anything? Fiat currencies are slowly failing. Yields cannot be suppressed forever. And assets that have had valuations pumped up by artificially low interest rates may have a very difficult repricing in their future relative to hard assets. Keep in mind that equities that have been fueled by cheap debt and stock buybacks would be repriced in a world where debt is expensive again. Most people can't imagine that scenario. Still waiting for yields to fall back towards zero. After 4 decades of falling interest rates, it's all most people know at this point. But gold being up 32% vs. Nasdaq year to date despite the AI boom is your sign that it's time to pay attention. The Treasury and Fed can make you think you're getting rich by pumping up your equity portfolio with fake dollars... But equities are already falling in hard asset terms. When push comes to shove, commodities, energy, and hard money are the true measuring stick. The Fed starting yield curve control (or whatever other name they come up with) is going to cause smart investors to look ahead. They will look at Japan as the endgame. And they will understand that a full reset is inevitable. Gold has historically been the asset that has survived every reset. And I believe Bitcoin will ultimately play a role too as people learn to value things that cannot be printed from thin air. Things with a real-world cost of production linked to energy. But without (until?) a steady Central Bank bid setting a price floor for Bitcoin, I'm mentally prepared for carnage until the world figures out the value of a finite, neutral reserve asset.
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This is a great essay on Trump's battle to move the center of gravity away from the Banking system and the Fed and towards Stablecoins, Bitcoin as a reserve assset and the Treasury in control. In summary: 1/ Right now the center of Power is the Federal Reserve and the Banking System. Together, they call the shots. JPM is at the apex of this 2/ Trump has always been at odds with that system (credit denied by all NY banks, etc..) and now with StableCoin bill he has a way to kneecap them. 3/ If he can get complete control of the Fed, it's over. Treasury now issues money directiy. He makes Stablecoins ubiquitous, and pushes Bitcoin as the reserve asset 4/ JPM is fighting back by trying to crush MSTR, Bitcoin and the new stabelcoin / crypto path. They are directly tightening margin rates, trying to cause crashes by pushing for exclusion in MSCI. etc.. 5/ This is shaping up to be a real battle which will play out over the next few months.
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JACK TSENG⚡️ retweeted
MUST WATCH: If you only watch one clip from Michael @Saylor yesterday, I recommend this one. 🤯 Any fatigue suffered by @Strategy investors will be replaced by fresh conviction. 🧡
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JACK TSENG⚡️ retweeted
7 Nov 2025
Strategy announces pricing of its Stream Perpetual Preferred Stock ($STRE) Offering and upsizes the deal from €350 Million to €620 Million. $MSTR strategy.com/press/strategy-…
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$7,000,000,000,000 sitting in money markets. As rates come down that $7T will go somewhere. Where? • Gold • Bitcoin • Real Estate • Stocks
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JACK TSENG⚡️ retweeted
21 Oct 2025
Okay, Brent: Bitcoin is like a tough game everyone plays by same rules. No boss like AWS. If AWS breaks, some scoreboards glitch, but game keeps going. You send Bitcoin fine. Bank? One big boss. Boss breaks, no game. Bitcoin never stops.
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JACK TSENG⚡️ retweeted
As we enter our next phase of growth, a key question is why preferred shares are a more powerful tool than issuing common stock. The answer lies in how we can continue increasing Bitcoin per share without depending on equity issuance. When a company raises common equity, it increases its Bitcoin holdings but also the number of shares. That dilution can slow Bitcoin per share growth. Preferred shares allow us to raise capital at a fixed dividend rate without increasing the number of common shares. To understand the impact, we look at mNAV, which shows how the market values the company’s enterprise value relative to its Bitcoin holdings. Our objective is to increase Bitcoin per share while using capital efficiently. When Bitcoin appreciates faster than the cost of capital, that difference compounds into greater Bitcoin per share and the benefit accrues to the common shareholders. Here is the simple math behind it: Value of Bitcoin = (1 Bitcoin annual growth)¹⁰ Preferred obligation = (1 Dividend rate)¹⁰ Equivalent mNAV = (1 Bitcoin annual growth)¹⁰ ÷ (1 Dividend rate)¹⁰ If Bitcoin compounds at 30% a year and the preferred dividend is 6%, then (1.30¹⁰) ÷ (1.06¹⁰) = 8.6 times. That means issuing 6% preferred shares would create the same long term effect as issuing new equity today at an mNAV level of 8.6x. In simple terms, preferred shares make it possible to expand Bitcoin holdings without dilution, and grow bitcoin per share irrespective of mNAV. Metaplanet today has one of the strongest balance sheets in Japan with virtually no debt and growing Bitcoin reserves. Our long term vision is to transform Japan’s credit markets by introducing yield instruments backed by Bitcoin.
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RT @Excellion: If Bitcoin development had to go in a single direction, which one would you pick?
93% Hard money
7% Programmable money
3,618 votes • Final results
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JACK TSENG⚡️ retweeted
Why wasn't $MSTR allowed into the S&P 500 Index despite meeting all the criteria? Because the 'Committee' said no. You have to realize SPX is essentially an active fund run by a secret committee. We intv'd the dude who used to run this committee on Trillions. Check it out.
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JACK TSENG⚡️ retweeted
Jack Mallers explains why ETH will never flip Bitcoin 👀

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