Ansel Lindner Profile picture
Host of @btcmrkts, Editor-and-Chief at Bitcoin & Markets Research https://t.co/050uvIDO9Q.
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Oct 5, 2018 5 tweets 1 min read
#Ethereum miners are starting to realize the value of their $ETH doesn't come from transactions. 1/ 2/ In fact, including everything into the current state and/or archival blockchain, increases miners' cost.

The connection they might have made is all the dapps and other silly stuff isn't where the value comes from, the value comes from marketing.
Aug 20, 2018 4 tweets 2 min read
Way better than the original. #Ethereum #bitcoin I'm convinced that all of the smart people in #ethereum have to know it's an outright scam at this point, and probably have for a long time.

The only question is, how to unwind their positions of 10s of millions of ether?
Jul 29, 2018 4 tweets 1 min read
#Bitcoin has had a fascinating affect on libertarians and "the freedom movement."

Like an ultimatum, it has split libertarians into two separate camps, Neo-Austrians (cypherpunks) and a postmodern libertarians. The former is characterized by a focus on technology, money and the pursuit of truth, while the latter is focused on pragmatic politics and postmodern libertarian skepticism.
Jul 4, 2018 4 tweets 2 min read
I was wrong about the #ETH price two years ago, because I saw this, and other weaknesses, in its very design. It simply doesn't work.

Marketing false claims is getting harder to maintain. We've seen a slow shift in #Ethereum's marketing strategy.

World computer -> unstoppable code -> rich statefulness -> ICO platform -> dapp platform -> etc.

Now it's, "ethereum has the most devs" or "solutions will be found to its problems, because it has the most developers."
Jul 1, 2018 5 tweets 1 min read
1/ Current immigration issues can be blamed on fiat, capital controls and trade imbalances. 2/ In hard money based free trade, money will flow out of the importing country and into the exporting country, making people better off in both countries.
Apr 23, 2018 12 tweets 4 min read
1/ Altcoins compete on *claims* of complex features, but that's a losing model, because with time new complex feature ideas will become popular.

The real challenge is to create simple, robust and unchangeable features like #bitcoin. 2/ The short history of the #BitcoinEra has shown altcoins' claims of complex features are a dime a dozen. Popular features come and go, or evolve into yet new features.

By the time your altcoin has built a working network, its feature list is passe.
#bitcoin
Apr 2, 2018 6 tweets 2 min read
#Bitcoin's off chain layer 2 is what makes it adaptable to nearly anything the free market can think of.

Bitcoin's decentralization on layer 1 is what ensures it's a "free" market. Altcoins and ICO tokens are relatively centralized, and as a result are less free and adaptable.
Jan 10, 2018 10 tweets 4 min read
1/ #Bitcoin is in a mania. I admit that. People are accumulating. If bitcoin was a typical investment, it would be setup for a 90% sell-off. But this isn't a typical investment. 2/ It's important to understand that #bitcoin is divisible to 8 decimal places. 0.00000001 btc = 1 Satoshi, the smallest unit (that the base layer will recognize).