Logo nic carter @nic__carter technology brother Isle of Yap niccarter.info Joined November 2011 Tweets 50,485 Following 3,031 Followers 348,241 Likes 193,991 3,097 Photos and videos Tweets Tweets & Replies Media Search nic carter @nic__carter 6h getting a lot of inbound "are you worried about x or y" -- everything I thought was salient went in the article. there's still a ton I don't know. I'm not being a doomer I'm just reporting things I'm seeing/ppl are telling me. 11 5 107 nic carter @nic__carter 5h hearing good things on the PoR front though! 2 2 1 48 nic carter @nic__carter 4h a depositor goes to the bank and withdraws $5k in cash. they spend it on a peer to peer basis with no KYC/AML. ✅✅perfectly legal a bank issues a stablecoin. a user converts fiat to stables, and transacts it on chain on a peer to peer basis. ❌❌ BANNED in the US 35 46 8 404 nic carter @nic__carter 4h this is the most mind boggling feature of new bank regs being rolled out (detailed below). the Fed would like us to believe that there's an inherent disanalogy between digital bearers (stables) and physical bearers (cash). but there isnt. theyre the same. piratewires.com/p/crypto-cho… Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs detailing the Biden Admin's coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services piratewires.com 13 23 6 172 nic carter @nic__carter 4h Also, regarding one of the points I make at the end (that regulators are weirdly terrified stablecoin outflows might crash treasury markets) -- some supporting analysis crypto-wanderer.medium.com/s… Stablecoin Liquidation Or, Would it Crash The Financial System? crypto-wanderer.medium.com 4 7 1 69 nic carter @nic__carter 2h And if you want to dig deeper into the Custodia denial or the Fed policy statement I recommend this piece by Linda Jeng for the @crypto_council cryptoforinnovation.org/what… What Could Recent Banking Agencies’ Statements Mean for Crypto? Strongly worded policy statements from banking agencies present a worrying prospect for the financial ecosystem. cryptoforinnovation.org 1 1 30 nic carter @nic__carter 2h Shut the hell up loser Zhu Su 🔺 @zhusu 4h 1/ june/july was total darkness for me, kyle & our creditors after our bet on accelerating crypto adoption proved fatally wrong we were crushed by the collapse of the market & the way our misplaced conviction had contributed to the pain Show this thread 18 18 302 nic carter @nic__carter 2h This dude is living out SBFs fantasy of “making it all back” in one harebrained scheme - the trade being tricking his own creditors to custody their claims with him so he can retire them 1 3 71 nic carter @nic__carter 5h America had the means, motive, and opportunity to destroy Nordstream. Biden also threatened publicly to do it. No other candidate fits the bill. seymourhersh.substack.com/p/… How America Took Out The Nord Stream Pipeline The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now seymourhersh.substack.com 17 15 2 144 nic carter @nic__carter 5h Seymour Hersh is a pulizer winning journalist who broke the story about the my lai massacre btw. 15 1 47 nic carter retweeted Mike Solana @micsolana 20h the biden administration is quietly trying to ban crypto. @nic__carter breaks it down in an explosive new guest post for pirate wires. piratewires.com/p/crypto-cho… Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs detailing the Biden Admin's coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services piratewires.com 124 461 103 1,672 nic carter @nic__carter Feb 8 The nocoiners found this, it would be a shame if you went through the QRTs and bullied them. Don’t do it!! nic carter @nic__carter Feb 7 I don't want to alarm, but since the turn of the year, a new Operation Choke Point type operation began targeting the crypto space in the US. it is a well-coordinated effort to marginalize the industry and cut of its connectivity to the banking system - and it's working Show this thread 6 1 1 50 nic carter @nic__carter Feb 7 I don't want to alarm, but since the turn of the year, a new Operation Choke Point type operation began targeting the crypto space in the US. it is a well-coordinated effort to marginalize the industry and cut of its connectivity to the banking system - and it's working 343 423 147 2,264 nic carter @nic__carter Feb 7 piece with a summary of what's going on coming soon. tether and offshore havens / more pro-crypto jurisdictions will be winners here. US will consider to be a loser. 24 32 1 466 nic carter @nic__carter Feb 8 Summarised everything in an article out 🔜 ™️ 7 1 1 87 nic carter retweeted Jeff Roberts @jeffjohnroberts Feb 8 Are the banking agencies working with the White House to kill crypto? @nic__carter may be right about a new Operation Chokepoint Must read from @leomschwartz about the machinations at the OCC in today's Fortune Crypto newsletter fortune.com/crypto/2023/02/0… With crypto banking on the brink, rumors are flying An obscure government office is at the center of uncertainty for two key companies. fortune.com 10 21 2 98 nic carter retweeted Data Always @Data_Always Feb 8 Spending to inscribe Ordinals is climbing every day. Still only 12% of total fees and 0.3% of the subsidy, but the rise remains exponential. Biggest mempool backlog since FTX and 3AC collapses. 9 43 19 246 Show this thread nic carter @nic__carter Feb 7 Current bitcoin fundamentalist doctrine: P2p payments, no matter how small, are absolutely sacred, especially if they occur in the global south Bundles of arbitrary data changing hands, no matter how economically significant, are absolutely haram 24 6 3 147 nic carter @nic__carter Feb 7 Credit to those in the former camp who have a heterodox view, seeing many coming around. But there are many who see non monetary uses as absolute profane. No one tell them that satoshi endorsed them! 8 2 55 nic carter retweeted Jake Chervinsky @jchervinsky Feb 7 This is accurate. Without new legislation from Congress, federal agencies lack the authority to comprehensively regulate crypto markets, so their fallback position is to weaponize control over the banking system to mandate discrimination against crypto companies. This must stop. nic carter @nic__carter Feb 7 I don't want to alarm, but since the turn of the year, a new Operation Choke Point type operation began targeting the crypto space in the US. it is a well-coordinated effort to marginalize the industry and cut of its connectivity to the banking system - and it's working Show this thread 24 197 19 783 Show this thread nic carter @nic__carter Feb 7 Good thread / post on exporting a lot of your mental computation and storage to a 3rd party database, interfaced via LLM LeveredVlad.eth (aka GPTvlad) @leveredvlad Feb 7 1/ Have you ever wondered what life would be like if you could unlock your brain's full potential like in the movie Limitless? What if I told you that this is possible now with AI? Let me explain. A thread 🧵 Hint: this is not about ChatGPT 👀 Show this thread 1 1 33 nic carter @nic__carter Feb 7 eventually our brains will be 'thin interfaces' or the client in the client server architecture. we will outsource most of the work to non-brain data lakes. do you bother to learn the layout of a new city now that google maps exists? 7 30 Load more