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@TFTC21@TFTC21

Anthony Scaramucci on the Clarity Act: "If it gets to the floor, it's going to pass. If it doesn't get to the floor, it dies a brutal death. Guys like Brian Armstrong... will start building business offshore of the U.S."

@TFTC21@TFTC21

Patrick McHenry says the CLARITY Act is "getting closer to the finish line" but questions remain in the Senate.

@TFTC21@TFTC21

Nine of the biggest names in institutional bitcoin just formed the Bitcoin Security Consortium and pledged a combined $15 million over three years to fund Bitcoin's long-term security, with post-quantum cryptography as the headline focus. The founding members include BlackRock, Strategy, Coinbase, Fidelity Digital Assets, Block, Blockstream, Galaxy, ARK Invest, and Anchorage Digital. The day-to-day work is coordinated by @bitschmidty, Executive Director of Brink, a nonprofit that funds Bitcoin open-source developers. The group explicitly says it doesn't develop or direct Bitcoin's protocol and takes no position on specific protocol changes. Instead it funds the developers and researchers already working on security and aims to be "a clear and reliable source of information" for investors and the public. From the consortium: "Our first focus is quantum computing. Large-scale quantum computers capable of threatening Bitcoin's cryptography don't exist today, and credible estimates place them years away. Preparing is a meaningful long-term priority, and one the community is already working on." Strategy CEO Phong Le: "As long-term holders, we have every incentive to see Bitcoin remain secure for generations." BlackRock's Robert Mitchnick: "Bitcoin Core developers do incredibly important work, and we're pleased that our firm and the others in this group will now be making significant additional funding available." Blockstream highlighted its post-quantum work on OP_CHECKSHRINCS, calling the consortium "a natural extension" of its open-source research mission. Bitcoin developers are already actively working on post-quantum proposals like BIP-360. The consortium says it plans to publish and maintain public material on Bitcoin's security in the coming months.

@TFTC21@TFTC21

Ocean Mining just launched Portal, an end-to-end encrypted pool dashboard for bitcoin miners. Announced live at @MiningDisrupt.

@TFTC21@TFTC21

David Friedberg: The greatest lie of the 20th century was putting all your net worth in your home. "When you do that, then the only way to keep Americans wealthy and to keep the middle class stable is to keep the price of homes going up, because that’s the only asset."

@TFTC21@TFTC21

Jensen: "It is made up that there's going to be a singularity. It's made up that we're living in a simulation. These are all made ups."

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