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David Seroy 🏔️
8,285 posts
David Seroy 🏔️
@david_seroy
San Diego, CA
Joined April 2016
- 🚨New Bitcoin Whiteboard. We can do better than BitVM. 00:00 Bitcoin Bridges and ZK Verification 08:42 Addressing Critics of Rollups 13:28 Optimistic ZK Verification 16:56 BitVM1 vs 2 vs 3 25:45 Garbled Circuits 34:07 Glock: Future of Bitcoin Bridging
00:00 - Replying to @chamath@friedberg @Jason please discuss this on the pod. Respectfully, this is a bit hypocritical and should be addressed. This food is terrible for kids on virtually all accounts and opposite to what you all have been preaching. 🙏🏼
- We can do better than BitVM. Paper dropping soon. Glock (🔫💥)
- Replying to @JohnReedStarkThis is a great april fools post thanks john! so happy you’ve confirmed support for bitcoin and web3!
- 🚨 New Bitcoin Whiteboard: A detailed explainer on a state of the art BTC-backed stablecoin and borrowing design, based on Liquity V2. 👉No governance 👉No token 👉No centralized custodian 👉Pure BTC collateral 👉Real yield 👉Immutable
00:00 - Confessions of a Private Money Lender — Strike Edition: Let me explain what I think is happening with Strike (and likely every other BTC-backed lender). TLDR: It’s securitization, not rehypothecation. For context, I founded and sold a private lending fund in 2021. I'll explain
00:00 - Peter Todd: “I own no bitcoin” *wink wink* Luke Jr: “I was hacked, actually lost my Bitcoin, and went to the FBI for help” — Knotzi’s: OmG cAn YoU beLeiVe PeTeR ToDd oWnS No BiTcOiN. WhY wOuLd YoU LisTeN tO HiM?
- Luke will be vindicated as savior to Bitcoin. He will fork off the screeching minority, then we can move forward.
- #Bitcoiner's *Change My Mind*: You will use #BTC backed stablecoins and/or borrow against #BTC on ‘DeFi’ rails AND you will be happy. -- #Bitcoin as a hedge against monetary debasement is only half the battle. As sovereign debt goes parabolic, interest rate hikes become
- /1 Bitcoin and the dollar are symbiotic. Like yin and yang they provide balance. The path to hyper-bitcoin-ization will be paved with credit-based, #BTC-backed dollars. Specifically, permission-less, KYC free, Bitcoin backed stablecoin loans at 0% interest via DeFi. Thread 🧵:
- /1 My first piece has been published! A unique twist on a practical path to a ‘hyper-bitcoinized’ world. Includes elements of: free banking, bitcoin-backed credit, stablecoins, ZK (validity) Rollups, DeFi and Lightning Network. @BitcoinMagazine
00:00There is a massive gap between the average #Bitcoin'ers understanding of monetary philosophy and the technical aspects of Bitcoin. That is a major problem, in my humble opinion.
