TL;DR: CoinSpice scours the Twittersphere to shine light upon the top crypto tweets of the week. BTC is basically Dogecoin at this point. Cryptocurrency adoption work in Venezuela gets a boots thanks to Flipstarter. Kraken exchange CEO throws shade at rival Coinbase over security. Cardano MLM China accusations land influencer in hot water, and Roger Ver digital art goes up for auction.
#13 BTC is Dogecoin at This Point
Even though @embeeteecee is only trying to make a point, it’s a solid one. BTC influencers have become part of a meme for its own sake, pushing empty jingoisms. The supposed value proposition, aside from maybe the vaunted Network Effect, is hard to suss out between BTC and the often laughed at Dogecoin.
— 𝗠𝗮𝘁𝘁 ₿rr (@embeeteecee) July 8, 2020
Perhaps the difference is at least the Dogecoin community members know it’s a joke. And when TikTokers recently attempted to make the meme coin pump to a $1.00, it got a lot of press and sneers. But the real joke is on those who are attempting to pass off an unreliable, costly, slow inferior piece of tech: BTC.
The brilliance in Photo-Shopping BTC evangelists’ tweets is how silly they read when only the noun is changed. Anyone can see through their ridiculous pseudo-arguments, the obvious desperation of heavy, heavy bags.
Maybe @coinbase Senpai notices me now (⁄ ⁄◕⁄‿⁄◕⁄ ⁄✿)
— Dogecoin (@dogecoin) July 9, 2020
#12 Not Wrong
TL,DR: the Bitcoin revolution. pic.twitter.com/dmX7Hs5Bi0
— Trolly McTrollface (@Tr0llyTr0llFace) July 11, 2020
#11 Three Cheers for Bitcoin Cash Ryver Venezuela: Fully Funded!
We can't believe it!
Wherever you are. Thank you!! 💚💚💚
— Sofia Corona BCH (@VainilaMarket) July 13, 2020
#10 Didn’t Want to Profit From Selling Out Your Financial Privacy
.@gronager left @krakenfx to start @chainalysis. We chose not to develop this business internally, and we chose not to invest in analytics firms because I never wanted to have a conflict of interest with our clients. I didn't want to profit from selling out your financial privacy
— Jesse Powell (@jespow) July 12, 2020
#9 Fallout Continues
Seems @IOHK_Charles really want get me fired. Just to clarify few things, My personal tweets are only represent myself, official account for HashKeyHub is @HashkeyHub where official announcement are posted, 2nd: in my original tweet I said it was coordinated by a MLM group. pic.twitter.com/YHFKhKfbdY
— Molly (@molllliy) July 7, 2020
#8 Phenomena Emerging and Remaining
Altcoins are up 100-1000x since 2014 when they “came and went”. Stable coins have gotten massive. Smart contracts are real and amazing. You are listing crypto finance phenomena that are emerging and remaining, rather than flash in the pan trends.
— Erik Voorhees (@ErikVoorhees) July 8, 2020
#7 Robinhood Users Traded Options 14x more than E*Trade, 88x than Schwab
In the most recent quarter, Robinhood customers traded options contracts 14x more than E*Trade users and 88x more than Schwab users, on a relative basis. This is according to analysis we did in collaboration with @alphacution pic.twitter.com/12uMN51CEG
— Nathaniel Popper (@nathanielpopper) July 8, 2020
#6 Privacy-Preserving Shielded Zcash Address
Now you can donate to EFF using our privacy-preserving shielded Zcash address:
— EFF (@EFF) July 10, 2020
#5 Lessons From Bitcoin Gold 51% Attempt
1/2 Users following their preferred chain is always right and they shouldn't be stuck on a known attack chain. Now the attacker must restart it give up. If the community holds onto their preferred chain until the attacker gives up they'll retake majority work eventually. https://t.co/T0e0t7ZyJf
— Tyler Smith∀ (@tcrypt25519) July 12, 2020
#4 Future POTUS is School on Tether
I will never forget when one of the founders of Tether admitted BT knew more: pic.twitter.com/myXGpRekpo
— CasPiancey (@CasPiancey) July 12, 2020
#3 Citizen Journalism is Super Necessary
Why citizen journalism?
Because the most important news about TikTok came from an individual with a technical background posting on Reddit. https://t.co/EO8Lnx3ElC
— Balaji S. Srinivasan (@balajis) July 12, 2020
#2 Difficulty of Displacing an Established Money
Short thread. For anyone interested in learning more about network effects and their role in both the evolution of money and the difficulty of displacing an established money even with one with some better properties, here are two relevant research papers.
— George Selgin (@GeorgeSelgin) July 12, 2020
#1 One OG Felt So Strongly
In the early days #bitcoin was many things to many people. But one OG felt so strongly that it was a payments network, he put his money where his mouth is and he has been flying the #BCH flag ever since.
— Cryptograph (@cryptograph) July 13, 2020
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DYOR: CoinSpice is your home for just spicy crypto things. We’re not affiliated with any cryptocurrency project or token. Each published piece is intended for information purposes only, not investment advice and not in the hope of impacting speculative markets. There are plenty of trading sites and coin-specific advocacy journals out there, we’re neither. CoinSpice strives for rigorous accuracy in our reporting. Information presented here is contingent usually on a host of factors, and the ecosystem moves fast — prices change, projects change, and at warp speed. Do your own research.
DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.