Had a great time catching up with @stephanlivera on Bitcoin, LBEs, crypto regulatory capture and more:

NEW: @SenLummis, @SenatorTimScott, @SenatorHagerty & @berniemoreno have released a "discussion draft" of the CLARITY Act (digital asset market structure legislation). Language re: developers of non-custodial Bitcoin and crypto tech NOT being money transmitters is in the draft.

🧵 TL;DR: The next Bitcoin war won’t be about forks or custody It’ll be about meaning And who gets to define it The answer isn’t to gatekeep It’s to protect plurality Watch the full convo w/ @stephanlivera here:

The bull market is here but something feels different this time Retail is quiet Narratives are splintered Nobody agrees on what Bitcoin even is anymore Here’s why that’s not a bug (hint: it’s the future) ft. clips from my chat with @stephanlivera ↓ 🧵

Bitcoin’s Volatile Dominance with Cory Klippsten | SLP677 @Coryklippsten, CEO @Swan joins me to discuss why altcoins still trend down in BTC terms, Leveraged Bitcoin Equities, and regulatory shifts in DC. We also chat in depth about Bitcoin’s long-term outlook, and rising institutional interest. (00:00) - Intro (01:51) - Is it a season of altcoins or Leveraged Bitcoin Equities (LBEs)? (04:27) - Bitcoin’s dominance & reducing volatility vs LBEs (13:30) - The role of Convertible Debt and Preferred Shares (18:43) - Are LBEs sustainable? (23:46) - What are the jurisdictional advantages of various LBEs? (28:56) - What is the future of Bitcoin accumulation strategies? (34:07) - Bitcoin mining companies vs. LBEs (39:39) - Competition among the Bitcoin accumulators ( $NAKA, $SQNS etc.) (43:09) - The speculative attack of LBEs (51:41) - Cory’s perspective on the recent crypto laws passed in DC (57:50) - Will the CLARITY act help the open source devs? (1:01:01) - Closing thoughts

a path towards bitcoin as everyday money

At Block, we’re building toward a world where bitcoin is everyday money - not just a store of value. To realize this vision, we need congress to modernize the regulatory frameworks to support this.

Bitcoin, not crypto: Schiff edition

Current mood in Bitcoin Treasury land reminds me of bitcoin's $58K gang late last summer. Major US players $XXI (CEP), $BSTR (CEPO), $NAKA, and $ASST have yet to even start. Many non-US LBEs have yet to even launch. I have to think peak frenzy is still ahead of us.

Underrated life skill: Be a multiplier. Teach what you know, spotlight others, connect dots. With no strings attached. Ironically, it's one of the fastest ways to level up your own life as well. Want more success? Be the reason someone else gets theirs.