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Joël Valenzuela
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Crypto and liberty. Living on crypto since 2015. Free State Project mover, content creator at Digital Cash Network, writer for Human Events .

Most people don't care about privacy because it's not real to them. It's a vague "Google knows everything" idea.

But show them which private information everyone knows, and watch them freak out. 👁️👄👁️

BitPay stats (Bitrefill shares theirs via Twitter)

https://bitpay.com/stats/

Every true patriot hates their government.

No, I can't just enjoy meats and cheeses like a normal person

https://twitter.com/TheDesertLynx/status/1679973521248727044

I giggle when I post something about Bitcoin I learned from my 10+ years using it plus ~8 years living fully on, and working full-time in, crypto...

...and laser-eyed dorks who learned Bitcoin existed in 2021 and earn 100% fiat and are slaves to their bank lose their minds. 🤣

The one coin most likely to be a security, Ripple, was deemed not a security. 😅

Definitely bullish news for crypto in the US after a long string of disappointments!

Bitcoin maxis: "ETH or its tech being used for CBDCs is unforgivable!"

Also maxis: "Isn't it awesome that this Salvadoran dictator guy made Bitcoin the legally-mandated currency through custodial KYC wallets?"

🤦‍♂️

LBRY Inc. is shutting down after final judgment in its SEC case. The US officially kills off another top most-useful crypto project. Let's see if the chain was decentralized enough to outlast the death of its parent company...

Thankfully we still have Bitrefill!

Today I learned that Ionia left the crypto business. 😱 This is very sad because their products DashDirect and Cake Pay (the US-only Cake Wallet in-wallet gift cards, not Cake Pay Web) were some of the best adoption tools in all of crypto!

Ionia's a US-based company interfacing with both crypto and the banking system. The US is NOT a place to run a crypto company, especially if you need to deal with banks! Crypto users and projects should take care to not be US-reliant until the regulatory climate improves.

I like on crypto, and DashDirect was one of my favorite tools, so I'm very sad to see it go. But thankfully, I have plenty of other tools for spending Dash: Bitrefill, Spritz, Coinsbee, and I'm sure others.🫶 Well-integrated crypto projects will be fine.

On the other hand, Monero users in the US had fewer options outside of Cake Pay. It's not on Bitrefill, Spritz, Flexa, or many of the other tools I use to spend. The community should start scrambling to get on new platforms and build redundancy in spending tools! Also, the government hates Monero and branded it a tool for criminals (as has its own community). It's much easier to allege an always-on privacy "criminal coin" was used for laundering! 🕵️ I suspect (PURE SPECULATION!!!) that Ionia supporting Monero may have played a role.

In summary, it's a sad day for crypto adoption in the US, but we're going to be okay. Keep building, keep integrating, keep using. We'll outlast the central banks. 💪 Also remember: crypto is censorship-resistant, but you aren't (pour one out for Ross Ulbricht 😢).

Today at 3pm EDT/7pm UTC (under 30 mins!) Jarrod Woodard comes back on the Digital Cash Rundown to talk the lawsuit against Digital Currency Group, and crypto governance

https://www.youtube.com/watch?v=iFiZk66BD5c

Are you guys getting the end-of-empire vibes yet?

Thankfully he's dead and buried. Let's hope his ideological descendants don't get any ideas.

Before you seek to unbank the world, first unbank yourself. 🧘‍♂️