Sagun Garg (1.01³⁶⁵ = 37.78x)

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@sagungarg

3x CTO/Founder: #bitcoin, #AgenticAI & #quantum. Awaken your superior complex elite Genetics. Tweets - my personal opinions/not financial advice

San Francisco, CA sagungarg.com Joined February 2012

5.9K Following 998 Followers 8.9K Posts

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Sagun Garg (1.01³⁶⁵ = 37.78x) @sagungarg Jul 30, 2024

Thought leadership Panel during @TheBitcoinConference at #Nashville, USA on the topic ”Bitcoin's Role in Traditional Banks” with @CaitlinLong_ (@custodiabank) and @yolobro (@fvbankus ) moderated by @countbtc

We jointly covered what will it take for Banks to adopt Hal Finney’s Vision of Bitcoin Banking: It would require building a bridge from old island to a new island with efforts in the following direction

Key Takeaways:
a) Customer demand from mainstream wealth holders to hold Bitcoin directly instead of other securitised Bitcoin like ETFs/MSTR
b) Enterprise Grade Bitcoin Custody Wallet Infra Upgrade of Core Banking Systems
c) Jurisdiction Maturity - Regulatory Adoption & Change e.g. Debate around SAB121 in USA
d) Banking & Risk Processes upgrade for key management wallet Infra
e) Mainstream distribution via education of customers & training of a new kind of customer relationship mindset for a deflationary asset like Bitcoin

#Bitcoin #BitcoinNashville2024 #BTC #Bitcoin2024 #Bitcoin2024Nashville
#bitcoin #BitcoinBanking #EnterpriseBitcoinCustody

Sagun Garg (1.01³⁶⁵ = 37.78x) @sagungarg Nov 5

Consolidation of failing currencies…

Samson Mow Verified account @Excellion Nov 5

USDT demand rises over 5% in Paraguay amid the Ueno Bank crisis and deposit freeze.

@tether USDT jumped from 5,692 to over 6,000 guaraníes as people seek haven outside the traditional banking system.

criptonoticias.com/mercados/sube-…
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Sagun Garg (1.01³⁶⁵ = 37.78x) @sagungarg Nov 2

System of systems - Meta systems

Paras Chopra Verified account @paraschopra Nov 2

Using AI well requires going meta: instead of solving a problem, design a system that solves the problem.

Using AI *really* well requires going meta-meta: build a system that continuously improves itself.

Using AI on God mode requires building a system that watches you and builds automations so that you're never doing what an AI is able to do better.

If this sounds dystopian, sorry to break it to you but you're still stuck in a pre-AI mindset. Whether you like it or not, the world has changed. So instead of operating how-things-used-to-be, operate in the reimagine-everything mode as your bandwidth gets free from the mundane.
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Sagun Garg (1.01³⁶⁵ = 37.78x) @sagungarg Nov 1

Thank you Legends...in Bitcoin's history..White paper published 18yrs back..It's been a privilege to meet you :)

Adam Back: @adam3us
Wei Dai: @weidai11
Stuart Haber: @StuartHaber
W. Scott Stornetta: @ScottStornetta
Jean-Jacques Quisquater: @_jjq
David Chaum @chaumdotcom

Sagun Garg (1.01³⁶⁵ = 37.78x) @sagungarg Nov 1

18 years ago today, Satoshi published the whitepaper. 🟠

A peer-to-peer electronic cash system. No trusted third parties. The idea was pure, and the layers built on top keep the same spirit.

Your recovery phrase for that spirit:

1. Timestamp
2. every
3. transaction
4. with
5. proof
6. of
7. work
8. so
9. nobody
10. can
11. double
12. spend

Write these words down somewhere safe. 📝 ⚖️

Proof of work courtesy of @adam3us, whose Hashcash (1997) became the engine securing every block. ⛏️