Enoch Root's avatar
Enoch Root
cryptonomicon@primal.net
npub1vygk...xws3
The realistic optimist trying to make the world a better place #innovation enthusiast #global citizen #let´s talk about tech, work, live, play & community building
Enoch Root's avatar
Cryptonomicon 7 months ago
⏰ MUST READ: The ONLY RWA Recap You Need in 2025 The world’s assets are going on-chain. What started as a fringe idea during the 2017 “security token” craze is now maturing into a trillion-dollar opportunity. After years of regulatory gridlock, Real-World Asset (RWA) tokenization is finally happening. From BlackRock’s tokenized treasury funds to Nasdaq’s pilot for on-chain equities, the bridge between TradFi and crypto isn’t a dream anymore. It’s being built in real time. 🔸 Security tokens walked so RWA tokenization could run. 🔸 Between 2017–2021, companies like INX pioneered the idea of compliant tokenized assets. INX made history as the first SEC-registered token IPO, raising $80M from 7,000 investors across 70 countries. Then came the Gensler years — the dark era of crypto regulation. Lawsuits, uncertainty, fear. Tokenization froze. But not even Gary could stop progress. 2024’s Bitcoin ETF approvals cracked open the floodgates, Trump’s election brought a friendlier SEC, and MiCA, Singapore, Hong Kong, and the UAE rolled out clear RWA frameworks. The result? A full-blown resurgence across every asset class 👇 📈 Bonds: $7.3B in tokenized Treasuries with BlackRock’s BUIDL, Franklin’s BENJI, WisdomTree’s WTGXX leading the pack. 💹 Stocks: Exodus puts $200M of its cap on-chain via Securitize; xStocks and Ondo Global Markets bring 24/7 tokenized equity trading. 💵 Private Credit: The breakout category. $17B in active loans, 9–10% yields, Maple, Tradable, Figure turning DeFi into a real-yield machine. 🏠 Real Estate: Still lagging, but Mavryk Network x MultiBank Group’s $10B partnership hints the tide’s turning. 🥇 Others: Tokenized gold (PAXG, XAUT) leads the alt wave, with wine, whiskey, art, and even GPUs now on-chain. image
Enoch Root's avatar
Cryptonomicon 7 months ago
🚀 Bitcoin Is Where the Internet Was in 1999 — Don’t Miss This Wave Bitcoin adoption has reached 4.7% globally, matching the internet’s adoption level in 1999, right before the biggest technological and financial boom of our time. Back then, those who recognized the opportunity early became millionaires as the world transitioned into the digital age. Today, Bitcoin and blockchain are at that same pivotal stage. Adoption is growing fast, institutional investors are entering, and governments are adapting. This is the early positioning window, and those who act now stand to benefit the most. 💡 By strategically investing or trading in Bitcoin today, you’re not just buying an asset, you’re securing a front-row seat in the next global financial revolution. Whether you start big or small, the key is to start early and move smart. #bitcoin #crays #privacy #web #money image
Enoch Root's avatar
Cryptonomicon 7 months ago
🌍 From Nowhere to Everywhere: Building the Global Home I Couldn’t Find Born from experience. Built for the future. The reason why I founded Crays: ✈️ I’ve lived most of my life on the road. 🌍 Travelled 121 countries 🗓️ 250+ days a year out of a suitcase ☕ Startups launched from cafés, hotel lobbies & restaurants 🏨 Brands run out of boring co-work offices, airplanes and even beach clubs 🌆 I loved the freedom. I loved that global Circus. But belonging? That was always missing. Too many nights ended the same: 🥃 A drink at the bar 💬 Small talk with a stranger 💻 Back to my room — alone with the glow of a screen 🔥 That’s why I started Crays. Because I don’t just want freedom. I want connection. 🏠 A true global home base where nomads, builders & creators find each other 🤝 Not just a space to work — but a community to live, grow & own together ⚡ The vision is bigger than coworking, hotels, or clubs. It’s about building a culture where: ✔️ Belonging is real ✔️ Ownership is shared ✔️ Value stays with the people, not the platforms Crays is for those who feel “home” isn’t a single address, but a network. 🌐 For those who want more than likes & swipes — they want conversations that change their path. 💡 For those who believe rent shouldn’t disappear every month, but compound into something they co-own. ⚡ Crays is the digital, phygital, and physical real-world adventure. ❤️ This is my love story: 🤝 To build the community I always searched for. 🏠 To give others the place I wished I’d found after all those flights. ⚡ To turn moments into movements. ✨ If you feel the same pull — this is your invitation. 👉 One club. One mesh. One decision at a time, my fellow Crays´ 🔥 #Bitcoin #Privacy#CryptoNomads #FutureOfWork #FutureOfLiving #DAO #Decentralization #CommunityBuilding #Web3 #GlobalNomads image
Enoch Root's avatar
Cryptonomicon 7 months ago
The first rule of Bitcoin is: you do not talk about your Bitcoins. The second rule of Bitcoin is: you NEVER sell your Bitcoins. image
Enoch Root's avatar
Cryptonomicon 7 months ago
💸 Fiat vs. Crypto vs. Bitcoin: Monetary Policy, Law, and the End of Economic Illusions We often talk about money emotionally — but money is, at its core, a legal protocol backed by governance structures. The differences between Fiat, Crypto, and Bitcoin are not just technological — they are constitutional. 🏛 FIAT – Monetary Power by Legal Authority • Legal basis: Fiat money is defined in law as “legal tender” — you are obligated to accept it for settlement of debts. • Governance: Issued by central banks (ECB, Fed), managed through monetary policy tools like QE (Quantitative Easing). • Economic impact: Inflation is not a bug but a deliberate mechanism to reduce real debt burdens and stimulate spending. The downside? It erodes purchasing power and acts as an invisible tax on savers. • Historical note: Every fiat system in history has eventually collapsed through over-expansion of money supply. 📉 Since the end of the Gold Standard in 1971, the US dollar has lost over 85% of its purchasing power. 🌐 CRYPTO – Financial Innovation Without Monetary Discipline • Legal status: Most tokens are not currencies, but unregistered securities or utility tokens, often lacking intrinsic economic backing. • Governance: Controlled by founders, foundations, or token-based voting — which often leads to centralization in practice. • Supply: Unlimited in aggregate — new tokens can be created endlessly. Scarcity is often artificial and determined by marketing rather than immutable law. • Economic consequence: Innovation is real (DeFi, NFTs, Web3), but monetary integrity is rarely the focus. Many tokens follow cycles of speculation rather than forming a stable monetary base. ⚠️ Over 90% of crypto tokens lose over 95% of their value within 12 months of launch. ₿ BITCOIN – Monetary Policy as Immutable Law • Legal nature: Bitcoin is not declared legal tender, yet it has achieved monetary legitimacy through consensus, game theory, and energy-backed issuance. • Governance: Governed by open-source code, global node operators, and miners. Changes require near-unanimous consensus — impossible to force. • Supply: Fixed at 21 million. This is not a political promise — it’s a cryptographic rule enforced by tens of thousands of independent nodes. • Economic design: Bitcoin embodies the principle of proof-of-work, tying money creation to energy and time. This mirrors the characteristics of gold, but in a digital native form. 🔒 No central entity can change Bitcoin’s supply, bail out banks, or manipulate the ledger. 🎯 The Big Picture Money is moving from trust-based systems to rule-based systems. • Fiat trusts governments. • Crypto trusts founders and communities. • Bitcoin trusts mathematics. 🚀 The future monetary system will not be chosen in a parliament or boardroom. It is emerging organically through open networks, game theory, and proof-of-work economics. And for the first time in history, humanity has access to a monetary asset that no one can debase. 👉 Not even the people who invented it. That is not just a financial innovation. It is a civilizational shift. #Bitcoin #MonetaryPolicy #LawAndEconomics #Inflation #SoundMoney #FutureOfFinance image
Enoch Root's avatar
Cryptonomicon 7 months ago
Cypherpunks (Don’t Just) Write Code If they wish to be effective in enacting change in the world, cypherpunks must do more than just write code. Inspired by a conversation with Fedi’s Obi Nwosu about the often single-line focus in Eric Hughes’ A Cypherpunk’s Manifesto (1993). “Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world.” — Eric Hughes, A Cypherpunk’s Manifesto (1993) It’s All About Privacy In The Cypherpunk Manifesto, privacy is mentioned twenty-four times. It is the central theme, the foundation, and the driving purpose of the entire call to action. Yet, in popular discussions, people often focus on a single line: “Cypherpunks write code.” — Hughes, 1993 That focus usually comes from those of us who do write code — and we understand that the line means cypherpunks write code to protect privacy. But this narrow focus leaves out the rest of the Cypherpunk community — the broad majority who also play essential roles in achieving that goal. Privacy Needs Everyone’s Cooperation “For privacy to be widespread it must be part of a social contract… Privacy only extends so far as the cooperation of one’s fellows in society.” — Hughes, 1993 Cypherpunks don’t just write code. Code is meaningless without users, advocates, and educators — and, at times, privacy-focused lawyers to defend those who write it. If only coders are considered Cypherpunks, we create a smaller, more vulnerable anonymity set — easier to target, easier to silence. We should want some Cypherpunks to write code. But we should also want Cypherpunks who: - Write about privacy - Speak about privacy - Make art, music, and media about privacy Privacy Needs People Who Fight Anti-Privacy Regulation “Cypherpunks deplore regulations on cryptography, for encryption is fundamentally a private act.” — Hughes, 1993 We also need Cypherpunks who: - Lobby against anti-privacy legislation - Defend digital rights in court - Lead organizations that uphold privacy principles Beyond Code: The Broader Cypherpunk Mission Cypherpunks build digital and analog tools alike — from encryption software to the physical practices of confidentiality and discretion. They also require Cypherpunks to design systems for actual use cases, test software, build testing infrastructure, manage projects, document, and educate on privacy tools. In an ideal world, everyone strives to be a Cypherpunk in the way their skills and passions best serve the cause of privacy. Manifesto Update: “Kid Gloves or Megaphones” (Hughes, 1996) “Code alone doesn’t cut it. Not code alone, not code widely distributed, not even code widely used. Some measure of toleration in society for activities conducted in private is necessary for long-term success.” — Eric Hughes, Kid Gloves or Megaphones, 1996 Three years after writing A Cypherpunk’s Manifesto, Eric Hughes revisited that same “Cypherpunks write code” focus. In a message to the Cypherpunks mailing list, he reminded the community that privacy cannot survive in code alone. Privacy needs public understanding and social tolerance. This message reads almost like a Cypherpunk Manifesto update or bug fix. And yet, people still focus on that single “Cypherpunks write code” line from the 1993 manifesto. Hughes warned that if privacy tools exist only in the shadows, society will turn against them. Without transparency, trust collapses; without trust, privacy becomes marginal — something for outlaws, not citizens. He saw clearly that social consensus is the real encryption key. “Unless there is a public consensus that people generally should be able to use their own cryptography, then such use will become marginalized. Legislatures will outlaw, the public will disapprove, and vigilantes will hunt down improper use.” — Hughes, 1996 It’s not enough to build strong code; we must also build strong narratives that defend it in public. The Cypherpunk mission isn’t to hide — it’s to speak up. The movement survives not by retreating into encrypted caves, but by carrying the message outward — loud, human, and unashamed. That’s how privacy wins: not just with math, but with megaphones. I would add, in whatever way you choose to speak up within whatever your skills, strengths, and constraints are in the world. More Cypherpunks, More Privacy “The Cypherpunks are actively engaged in making the networks safer for privacy. Let us proceed together apace. Onward.” — Hughes, 1993 Networks are not just computer systems — they are people, places, and communities. Privacy depends on the cooperation of everyone within them. Everyone is needed. Everyone is necessary. Written in reflection of Eric Hughes’s “A Cypherpunk’s Manifesto” (1993). image
Enoch Root's avatar
Cryptonomicon 7 months ago
Everyone is talking about Tether raising $20B at a $500B valuation. But nobody is asking WHY it is doing so. You see, Tether is the most profitable crypto company. • In 2024 they made about $13.7B in net profit. • In H1 2025 they booked around $5.7B. Even on a per-employee basis they generate ~$90M+ each. Tether clearly does NOT need more money. So why are they raising capital? There's a few reasons: 𝟭/ 𝗕𝗲𝗰𝗮𝘂𝘀𝗲 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻. This is peak market euphoria post-Circle IPO. If you can grab a half-trillion valuation when the window is open, you take it. It's once in a lifetime opportunity. 𝟮/ 𝗛𝗲𝗱𝗴𝗲 𝘁𝗵𝗲 𝗿𝗮𝘁𝗲 𝗰𝘆𝗰𝗹𝗲. High Treasury rates won’t last forever. Lock in a monster round while yields are fat, before the Fed eases and profits compress. 𝟯/ 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝗮 𝗨.𝗦. 𝗰𝗼𝗺𝗲𝗯𝗮𝗰𝗸. Diversify the cap table with U.S.-aligned institutions. That de-risks policy exposure and smooths the path for a regulated U.S. stablecoin. 𝟰/ 𝗕𝘂𝘆 𝗼𝗽𝘁𝗶𝗼𝗻𝗮𝗹𝗶𝘁𝘆 𝗼𝘂𝘁𝘀𝗶𝗱𝗲 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀. AI, energy, commodities, media. Expansion takes distribution, licenses, and political goodwill—things that billions in fresh capital buy quickly. 𝟱/ 𝗧𝗵𝗶𝗰𝗸𝗲𝗻 𝘁𝗵𝗲 𝗲𝗾𝘂𝗶𝘁𝘆 𝗯𝘂𝗳𝗳𝗲𝗿. A larger cushion calms systemic-risk fears and strengthens redemption confidence. It also allows Tether to move further out the risk curve if needed. 𝟲/ 𝗦𝗲𝘁 𝘁𝗵𝗲 𝗯𝗲𝗻𝗰𝗵𝗺𝗮𝗿𝗸, 𝘁𝗵𝗲𝗻 𝗵𝗮𝗿𝘃𝗲𝘀𝘁 𝗹𝗮𝘁𝗲𝗿. Once you’re marked at $500B, secondaries, employee liquidity, and talent recruitment all become easier. It also boxes out competitors. And then there’s the optics. Cantor Fitzgerald’s 5% stake could go from ~$600M to ~$25B in under a year. A whopping 42x return that headlines itself. And Tether Co-Founder and Chairman Giancarlo Devasini? His stake would be worth north of $200B+, putting him in the world’s top 5 richest. Think about that. • He didn’t build rockets like SpaceX. • He didn’t build a new computing platform like Microsoft. • He didn’t build the internet’s backbone like Amazon or Google. He wrapped U.S. Treasuries into a stablecoin. And that alone made him one of the richest people alive. Bonkers. P.S. Is this the moment stablecoins officially become bigger than banks? image
Enoch Root's avatar
Cryptonomicon 7 months ago
🚨 HERE WE GO RIPPLE + BLACKROCK = GAME OVER FOR TRADFI??? This is the real fusion of Wall Street and Crypto....👀 Tbh forget hype. Forget speculation. Ripple’s $RLUSD stablecoin just got integrated into BlackRock’s tokenization empire via Securitize. What does that means? - 24/7 instant liquidity - Direct bridge between tokenized money market funds and stablecoins - BlackRock + Ripple automating the future of finance And you've to know that: 1. BlackRock ($10 TRILLION AUM) is not playing with memes. 2. It’s wiring its funds into blockchain rails. 3. And now Ripple is the off-ramp and settlement layer. You can't ignore that: 🔴 Tether and Circle may dominate retail. 🔴 And Ripple is building for institutions. 🔴 RLUSD is already $740M market cap in year one. 🔴 Backed by the largest asset manager on earth, Ripple just secured the most powerful ally possible. In my point of view: this isn’t just another collab. This is the beginning of programmable liquidity at scale. Money markets, Treasuries, stablecoins: all tokenized, tradable, liquid in seconds. The West was sleeping. UAE, Asia, and innovators were moving. Now BlackRock and Ripple just said: We’re here. And we’re not stopping. Bold. Loud. Dominant. Call it what it is: Wall Street + Blockchain holy alliance. image
Enoch Root's avatar
Cryptonomicon 7 months ago
All US Tik Tok data will now be managed in the U.S. by Oracle which will be owned by the world's richest man, Larry Ellison. X will continue to be owned and run by the world's second richest man Elon Musk. Instagram, Facebook and Whats App will continue to owned and run by the world's third richest man, Mark Zuckerberg. Does anyone really think this will be good for American consumers? There is nothing left. Our news, our information, our world view is now completely controlled by the world's richest men. Or you could log off their platforms using @Crays new Nostr client image
Enoch Root's avatar
Cryptonomicon 7 months ago
15 years of crypto… People talk about innovation… Banking 2.0. And who’s the most valuable company in the space? Tether… Worth over 100 billion. Revolution? Not really. A glorified money market fund that collects dollars, buys government bonds, and then issues a USD coin that pays no interest. Wow. Pure revolution. LOL. So this is what the big “disruption” looks like. The real genius was in those who understood from the very beginning that all you had to do was copy the old system, slap “crypto” on it, and sell everyone the story of a digital revolution. image
Enoch Root's avatar
Cryptonomicon 8 months ago
Are the USA becoming the next China? Will 🇺🇸 America in 2025 repeat the mistake 🇨🇳 China made in 1434? In 1434, China halted its great naval expeditions and isolated itself from the world with the Haijin Edict. 🇨🇳 China was wealthy until the Ming Dynasty* in 1434, when the empire began to shut itself off. 🇺🇸 The USA is wealthy in 2025 with the MAGA movement, and now the country is starting to close itself off: First with high tariffs on foreign goods, now with outrageous $100,000 H-1B visas for foreign specialists. Isolation means poverty — financially and culturally. P.S. China’s isolation after 1434 may have helped preserve its culture, but it also led to economic stagnation, limited technological progress, and a lack of global awareness. In America’s case, it’s unclear what “culture” is being preserved: Fast food, oversized gas-guzzling cars, or the glittering fantasy worlds of Hollywood and Disney? * China repeated this mistake under Mao Zedong between 1949 and 1976. image
Enoch Root's avatar
Cryptonomicon 8 months ago
Who’s Dominating the Stablecoin Game? 💰 The global stablecoin market cap sits at ~$306.7B. USDT + USDC = nearly 80% of the entire market. The other 20% is split among names like FDUSD, DAI, USD1, and more. 🌐 On the chain side: Ethereum leads with ~56% of supply. Tron follows at 26.7%, remaining a key hub for retail transfers. Solana (4.3%), BSC (3.96%), and Hyperliquid L1 (2.14%) form the next cluster. Base, Arbitrum, Polygon, Avalanche, and Aptos together make up ~6%. The rest sits at ~2.5%. 👉 Question: Do you personally use stablecoins for everyday payments? image
Enoch Root's avatar
Cryptonomicon 8 months ago
The future of money isn’t coming… it’s already here. Scott Bessnet, Secretary of the US Treasury, recently stated: “Blockchain technologies will power the next generation of payments, and the US dollar.” Pause and let that sink in. The same technology once viewed as experimental is now being positioned as the foundation of global finance—including the world’s reserve currency. 💵 This signals more than just innovation. It’s a fundamental shift in how we move, secure, and trust money. The question is no longer if blockchain will transform our financial systems, but how quickly—and will you be ready? Now is the moment to lean in, learn, and lead in this digital transformation. ℹ️ Curious about the blockchain projects already shaping our future? Let’s connect and explore the opportunities emerging right now. #Blockchain #DigitalAssets #FutureOfFinance #Web3 #Bitcoin image
Enoch Root's avatar
Cryptonomicon 8 months ago
Sleep is the most underrated performance (and life) enhancer. When I was constantly traveling across time zones in the past, I really struggled with jet lag. Flying, for example, from Japan to South America was brutal. One of my doctors teamed up with Harvard sleep professor Dr. Steven W. Lockley to design personalized routines that completely eliminated jet lag — and I became a test person. Here’s what worked for me during big time zone shifts: - Shift sleep by a maximum of 1.5 hours per day before and after travel. - Use blackout glasses before bedtime and a 10,000 lux lamp at wake-up. - Cut all screen time 90 minutes before bed — blue light kills melatonin production, which is essential for deep sleep. When preparing, for example, for the Australia time zone, I’d be waking up at 1am and running through Palma (CET) at 2:30am. People around me thought I was crazy. But it 100% worked. I had zero jet lag for an entire season of global travel. It was a complete game changer for my life and my work. The context has shifted to venture capital, but the need to perform at my best hasn’t. I still rely on the same mindset: many small improvements — like sleep — compound into big performance gains. Yet founders and investors often treat sleep as expendable. Science says otherwise: 43% of business leaders sleep poorly at least 4 nights a week, undermining decision-making and emotional control (Harvard Business Review). Sleep-deprived executives are far more prone to major mistakes. The same Harvard professor I worked with has since launched Timeshifter, a circadian-based jet lag app (which I’ve invested in) — already with over 1.3 million downloads. We don’t talk enough about this in business. But if you want to think clearly, lead better, and build long-term — start with sleep. It’s where performance begins. 💡 What’s one routine you’ve built to protect your energy while operating at a high level? image
Enoch Root's avatar
Cryptonomicon 8 months ago
Chapter 1: Money printer. Chapter 2: Crash. Chapter 3: Bailout. #bitcoin #nostr #crypto image
Enoch Root's avatar
Cryptonomicon 8 months ago
Dubai Has Won Real-Estate Tokenization Play While regulators around world block real estate tokenization under 1930s laws… Dubai created an entirely new asset class. Asset-Referenced Virtual Assets (ARVAs). ✅ Backed by law ✅ Regulated by VARA ✅ Enforced by DLD ✅ Traded on licensed platforms ✅ Already live and oversubscribed Last month, two Dubai apartments were sold out in minutes. - 224 buyers. - From 35+ countries. - 70% were first-time property investors. - Average ticket? Just AED 10,714. This isn’t institutional capital. It’s global retail - finally owning Dubai real estate. With a crypto wallet. And a few hundred bucks. Onchain. Fully compliant. This is what the industry has been waiting for: - No fake whitepapers. - No VC pump dumps. - No equity dilution. - Just real property. - With real rental yield. - Accessible to anyone. “Dubai didn’t try to bend old rules to accommodate new tech. It built something new - and that made all the difference.” US failed to deliver tokenization at scale. Dubai did it in 12 months. VARA + DLD + top developers + licensed brokers = real infrastructure. Founders, VCs, asset managers, family offices: This is the only live real estate tokenization market on earth. And it’s growing faster than anyone expected. Dubai won the real estate tokenization play. If you’re still waiting for clarity... You’re not just behind. You’re on the wrong continent. As they say: "come to Dubai, habibi!" image
Enoch Root's avatar
Cryptonomicon 8 months ago
More than 30 years after Eric Hughes wrote the Cypherpunk’s Manifesto on March 9, 1993, you still feel its truth today — because every time your data is tracked or your privacy is compromised, it’s a reminder that only you, through cryptography and decentralized tools, can truly protect your digital freedom. #Nostr #Cypherpunk #crays #Decentralization #Privacy #DigitalFreedom #Bitcoin #OpenSource #SelfSovereignty image
Enoch Root's avatar
Cryptonomicon 8 months ago
The best way to predict the future is to create it – Abraham Lincoln image