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
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Cryptonomicon 2 weeks ago
⚠️ You really think Tech & Bitcoin will save your freedom & democracy automatically? Read & think again! If I read LinkedIn and especially the web3 crowd these days… The community and Western societies really do behave like lemmings 🤪 Everyone keeps talking about tech, about Bitcon, about freedom — about these so-called “free Western societies,” ✳️ about left and right, and about the importance of free speech — 📣 but what we actually see is laziness, indifference, and pointless debates that ignore the real issues. ⚠️ Without broad, society-wide education in tech, we’ll all automatically turn western societies into lemmings. And that’s exactly what will end up destroying democracy for good. ▪️ I’m not a politician. Let me say this upfront: I’m not against Trump. I’m not for Trump. ▪️ And I’m definitely not against tech. But I am against the way tech is developing right now. I’ve got a clear mind to think things through — and here’s what I notice: ➡️ Most people don’t want freedom. They want comfort. And comfort kills democracies. ➡️ Only very few are willing to show the level of commitment, personal responsibility, and digital self-defense required to make real freedom possible again today and in the future. Real, unfiltered freedom of speech — and personal freedom in 2025 — isn’t something we just “get” anymore for free. It’s a choice. And it’s something we’ve gotta fight for, the same way every real democracy always has. And that fight demands one thing above all: ▪️ understanding how tech and society really work, ▪️ having real conviction, ▪️ discipline, ▪️ responsibility, ▪️ the willingness to show up and put in the work, ▪️ and most importantly — true self-determination. If you talk about freedom and free speech, you’ve gotta make sure the tools exist that actually protect that future. Bitcoin has to use privacy tools, we need zk-proofs and no digital ID´s and there has to be digitally decentralized sovereignty in free expression — just like for example on Nostr. And above all, you’ve gotta include the courage for real personal responsibility — otherwise “freedom” will turn into nothing but an empty word in the future. Just a hollow shell. Technology opens up new spaces for freedom — but it also drags us way faster into total surveillance if we don’t handle it consciously. As Eric Hughes wrote in the Cypherpunk Manifesto (1993), privacy is not about hiding — it’s the foundation of a free society. When data becomes a tool for prediction and control, only strong, freely available cryptography protects individuals from unaccountable powers. Without technological privacy, future freedom collapses into an illusion. It’s about figuring out how a future society should reorganize itself as a democracy in the tech era. What are your ideas on this? I’m really curious to hear your thoughts and learn from the exchange. #Bitcoin #Nostr #Freedom image
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Cryptonomicon 3 weeks ago
Bitcoin isn’t “free.” It’s a multi-billion-dollar fee machine. I dug into who actually pockets money from Bitcoin every single month — and the picture is crystal clear: It’s not the blockchain itself, and it’s definitely not the ideology. It’s the centralized middlemen. That’s exactly why ETFs, exchanges, and service providers promote Bitcoin and crypto so aggressively, even though they don’t need to hold massive long positions. Their business model isn’t the asset’s success — it’s the volume and the fees they collect. Just look at the numbers. Every month, roughly 2.2 billion USD in fees circulate around Bitcoin: • About 960 million USD are simple trading fees • Around 50 million USD flow to Bitcoin ETFs and ETPs • Add roughly 13,500 BTC in block subsidy each month — over 1.2 billion USD of fresh inflation • On-chain transaction fees and Lightning? Practically irrelevant in comparison Now here’s the part almost everyone completely overlooks: To keep this entire system stable, there must be at least 2.2 billion USD worth of buyers every single month. That’s over 500 million USD of new buying pressure every week. There is nothing else like this in any other speculative asset class on the planet. So the honest question is: Who’s supposed to be that buyer now? Retail? They’re mostly out. Hedge funds? They bounce in and out for short-term gains. If you’re investing in Bitcoin, you need to understand two things clearly: • Who is earning money from your trades and your products • And where this constant stream of 500+ million USD per week is supposed to come from If you ignore this, you’re playing a game where others earn guaranteed money — no matter what direction the price goes. image
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Cryptonomicon 1 month ago
𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐂𝐲𝐜𝐥𝐞 𝐔𝐩𝐝𝐚𝐭𝐞 – 𝐈𝐬 𝐓𝐡𝐞 𝐏𝐞𝐚𝐤 𝐀𝐥𝐫𝐞𝐚𝐝𝐲 𝐈𝐧? I know a lot of crypto enthusiasts won’t like this post… but data is data. And the numbers right now are almost too clean to ignore. Here’s what the last three Bitcoin halving cycles show: 2017 peak: 526 days after halving 2020 peak: 548 days after halving 2025 peak: 6 October — 535 days after halving Three completely separate cycles… Three peaks… All landing inside a 22-day window. You don’t see that kind of timing often. It’s rare. It’s tight. And it’s consistent. That’s why I’m leaning toward the idea that the cycle might’ve already topped. People say “this time is different” because institutions are here — but honestly, I feel like that narrative was priced in early on the run to 100K. Could Bitcoin still go higher? Sure. Anything can happen. But I don’t know the future — none of us do. So I’m staying safe. For me personally, I offloaded all my crypto when Bitcoin pulled back to 108k from the top. Better safe than sorry. I’d rather allocate capital to areas where my conviction is high, instead of speculating this late in the cycle. Just sharing the data. Make smart decisions and protect your capital. image
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Cryptonomicon 1 month ago
So apparently this was the guy behind yesterday’s internet chaos 😂 Cloudflare had a global outage that quietly took half the internet with it, x, chatgpt, exchanges, dashboards, APIs everything went into please try again later mode for hours. One minor config pushed the entire web into a collective timeout. classic reminder of how much of the internet still depends on a handful of critical infra players. funny post, but the reality underneath isn’t: Resilience, redundancy, and infra decentralization still have a long way to go. Anyway shoutout to Chong for the smooth experience 😅 The timing of this meme could not be better. Hashtag#cloudflare Hashtag#X Hashtag#Twitter Hashtag#OpenAi image
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Cryptonomicon 1 month ago
🔜 The future won’t silence your words — it will silence your wallet There’s so much talk about free speech in the media right now. But the most important part keeps getting ignored. The censorship of tomorrow won’t be a ban on words – it will be a ban on payments. Privacy is necessary for an open society in the electronic age. We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy! We must defend our own privacy if we expect to have any. (Eric Hughes “Cypherpunk Manifesto” from 1993) You can have the legal right to say whatever you want, but if every donation you make is visible, your speech is chilled. Financial privacy is literally as important as free speech. If you don’t have financial privacy, you don’t have free speech in practice. Censorship of the future will no longer work through bans on speech. It will work through bans on payments. That is more efficient, cleaner, and almost impossible to challenge democratically. As long as your payments are traceable, your freedom of speech is nothing more than a formal right on paper. In the future, dissidents won’t go to jail for what they say. They will just mysteriously lose access to money. That’s much cleaner for the state.   They don’t need to put you in jail for your opinions anymore. They just need to make sure you can’t buy bread anymore!   🚀 Privacy is the foundation of an open society. Without private transactions, there is no private speech in practice. Without private speech, there is no democracy – only the illusion of choice between approved opinions. Without it, every action that deviates is punished – not through censorship of words, but through stopping your payments. This is much more subtle and more effective than direct censorship. In 5–10 years you will no longer be able to finance a dissenting opinion in Western democracies without it being immediately visible. • No donation to an opposition party • No donation to a critical website It is happening right now – via CBDC, via MiCA, via the Travel Rule, via the Chainalysis score in your banking app. This is not a war on money laundering or terrorism. This is a war on free civil society.   Every NGO, every independent journalist, every activist in a repressive country needs private money flows. If you take that away, you don’t need gulags anymore – people will just self-censor.   🔜 Bitcoin becomes the most effective surveillance money ever created. 😂 That would be the biggest irony in history. Bitcoin is censorship-resistant money only if you have private coins. If every UTXO has a score from Chainalysis and exchanges freeze ‘tainted’ coins.   Code is speech. Private keys are speech. Anonymous payments are speech. If we lose this battle, we don’t just lose privacy – we lose the right to have unpopular opinions without starving. #Bitcoin #Privacy #Democracy #Freedomofspeech image
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Cryptonomicon 1 month ago
¡Bienvenidos y buenos días, Medellín! 🤩 🥰 vamos a pasar un tiempo increíble juntos 🚀🔥
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Cryptonomicon 1 month ago
Europe crushes crypto fraud. So why is adoption dead? UAE ranks #31. I’ve never felt safer. According to Sumsub’s Global Fraud Index 2025, Europe ranks as the safest: - 🇱🇺 Luxembourg #1 - 🇩🇰 Denmark #2 - 🇫🇮 Finland #3 - 🇳🇱 Netherlands, 🇨🇭Switzerland, 🇦🇹 Austria… all in top 10 No other region comes close. But here’s question nobody is asking: If fraud resilience in EU is so high… why is crypto adoption so low? 🇪🇺 You have the best infrastructure. But with MiCA, you’re still stuck in 2017. 🇦🇪 UAE ranks #31. But I’ve never felt safer in my life. I live in UAE. I build in UAE. Every day, I see: - Central Bank of UAE is launching AED stablecoin pilots - VARA, SCA, FSRA, DFSA, enforcing KYC, AML, and market conduct rules - Police acting fast on scams and crypto frauds If safety matters, UAE is #1 in spirit - and climbing fast. I expect UAE to be top 5 soon. USA? Ranked #91. 😅 Yes. That’s not a typo. Trump wants US to become “crypto capital of the world.” With a system that can’t stop basic fraud? Imagine what happens when AI deepfakes hit critical mass. image
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Cryptonomicon 1 month ago
Step by step! 🚀 Starting Q1 2026, Emirates travelers will be able to pay for their flights using Hashtag#Ethereum, marking a major step in digital payment innovation. Emirates will integrate Crypto.com Pay into its payment systems, ensuring secure and compliant crypto transactions. This move caters to younger, tech-savvy passengers who prefer digital currencies, and aligns with Dubai’s ambition to become a global hub for digital finance, joining sectors like real estate, telecom, and more in crypto adoption. Huge congrats to both teams! 👏🎉 image
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Cryptonomicon 2 months ago
Blockchain data shows an early investor purchased 300 Bitcoin for roughly $3,500 in 2012 and sold them this week for $33.4 million. That's a gain of over 900,000%, making it one of the most profitable long-term holds in Bitcoin's history. The sale highlights the extraordinary returns that early crypto adopters continue to realise. image
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Cryptonomicon 2 months ago
Top 10 blockchains that founders want to build on: ✅ Ethereum - 22% ✅ Base - 20% ✅ Solana - 16% ✅ Bitcoin - 8% ✅ Hyperliquid - 5% ✅ Monad Foundation (not yet live) - 4% ✅ Avalanche - 3% ✅ Arbitrum - 3% ✅ TON Foundation ✅ Polygon Labs Data via a16z crypto investment team. If the loudest project on X isn’t on this list, don’t worry. Many projects aren’t, even after raising hundreds of millions of dollars, and they still failed to capture real attention. This is why it’s so important to focus on what builders want and what they want to build on. image
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Cryptonomicon 2 months ago
Dubai became the world’s largest regulated crypto market. Not Singapore. Not New York. Not London. Dubai. Let that sink in: - AED 2.5 trillion+ in regulated virtual-asset transactions (YTD 2025) - 40+ licensed entities under VARA oversight - $2B institutional investment from Abu Dhabi into Binance - 19 firms fined under clear enforcement measures All in just 3 years. While other jurisdictions argued over definitions, UAE built the rails. While Europe buried itself in MiCA, Dubai executed. While the U.S. chased headlines, VARA licensed markets. I watched Europe stagnate. No urgency. No timelines. No product thinking. Then came Dubai. VARA launched under DWTC in 2022 - built like sovereign infrastructure. Every major exchange - Binance, OKX, Bybit - moved fast to comply. This wasn’t about “crypto-friendly.” This was crypto-integrated. Why did it work? 1. Vision before regulation: UAE understood digital assets are not about price - they’re about power. 2. Infrastructure before hype: Tiered licenses, real enforcement, credible frameworks. 3. Integration before scale: Digital assets were woven into AI, banking, cloud, and sovereign funds. Result? Dubai now governs trust infrastructure for a multi-trillion-dollar global asset class. UAE is not waiting for the future. It’s building it. Next up? - Tokenization of real-world assets - CBDC-backed stablecoin flows (Digital Dirham) - AI-native finance via MGX, G42, Presight - Onchain financial infrastructure as national policy If you’re still sitting in a “crypto hub” that can’t even issue licenses… If your lawyers are still debating whether stablecoins are money, securities, or heresy… If your project is raising money in one country, banking in another, and listing in a third… Come to Dubai. This is where execution beats excuses. Founders. Investors. Builders. This is the future. Move accordingly. image
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Cryptonomicon 2 months ago
FT Investigation: Donald Trump has made millions of dollars selling branded bibles, cologne, sneakers and autographed guitars. But at the heart of Trump’s newfound wealth is a rapidly growing cryptocurrency empire built by the president and his family. According to a Financial Times investigation, this has already brought in more than $1bn in pre-tax profits, in part thanks to a crypto boom fuelled by the US administration’s own industry-friendly policies image
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Cryptonomicon 2 months ago
🚀 Bitcoin ELIMINATES the need for central banks But Bitcoin’s destiny was never to be locked away in digital vaults like gold, but to power the world’s payments. Every #Lightning channel, every #ARK pool, and every #RGB-issued real-world asset increases Bitcoin’s economic gravity. The next Bitcoin cycle will not be driven by a new gold standard narrative or speculation — it will be built on infrastructure, adoption, and real-world utility. 💡 Bitcoin is not digital gold. It´s money. Bitcoin is the foundation of a new global payment system — without central banks, intermediaries, or permission. Below is direct evidence of what Bitcoin’s creators envisioned — in their own words. 📚 Cryptonomicon – Neal Stephenson (1999) “We don't need a new kind of gold. We need a way to move money that no system of control can shut down.” — Cryptonomicon, Epiphyte-Storyline “If you can move money faster than governments can regulate it, then you have essentially created a new economy.” “The goal is not to hoard wealth but to build rails over which it can flow without interference.” “Digital currency is not about storing value in a vault; it is about making value fluid.” 🔷 Bitcoin White Paper – Satoshi Nakamoto (2008) The whitepaper explicitly states that Bitcoin was designed as electronic cash for payments. The concepts of “store of value” or “digital gold” do not appear anywhere in the whitepaper. 📌 Quotes that clearly establish payments as the primary purpose: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” — Satoshi Nakamoto, Introduction “We have proposed a system for electronic transactions without relying on trust.” — Satoshi Nakamoto, Conclusion “Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments.” — Section 1 – Problems with existing payment systems “The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes.” — Section 11 – This describes the security model for payments, not for passive value storage. #Bitcoin #Lightning #ARK #RGB #Cryptonomicon #Satoshi #FutureOfMoney #Decentralization image
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Cryptonomicon 2 months ago
Coinbase just paid $25M for the most expensive podcast EVER existed. Joe Rogan? No. It was for 8 episodes of the Up Only podcast hosted by Cobie. This deal made it the most expensive podcast EVER existed. $3.125M per episode. But that's not even the most interesting part.. Check this out👇 Up Only had around 50K–100K listeners at its peak in 2021–2022 For context, Joe Rogan Experience has 11M listeners/episode on average. 110x difference in favor of Joe Rogan. However, Joe's podcast is valued at $800k/episode. Which is 4x less than Up Only by Cobie. Wow?? Wowww. Here's how it went down: In May this year, Cobie said he's done with the podcast He transferred the ownership to the NFT and listed it on OpenSea for $25M Whoever buys and burns it.. starts another season of this podcast. Just yesterday, this "whoever" became Brian Armstrong. The Founder of Coinbase announced the purchase of this $25M NFT and burned it immediately. Welcome to another season of the Up Only podcast! Seems NFTs are back lol image
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Cryptonomicon 2 months ago
Can you feel it? ApeFest 2025 is almost here and Vegas is about to get wild From a weird little NFT drop in 2021 to a full blown movement redefining art, identity, and Web3 culture what a ride it’s been Mutant Monday isn’t just about flexing PFPs It’s about the holders who held through chaos, laughed through dips, and kept building when others faded That’s real community energy ⚡ This year’s ApeFest (Oct 24-26 @ AREA15) looks next level: exclusive sets, side events, merch, collabs and most importantly, builders and degens who actually move the space forward If you’re not in Vegas, no stress the vibe lives on through our feeds, mints, and endless $APE memes Speaking of $APE cross chain is finally real BNB, Solana, Hyperliquid… staking’s smoother, trading’s faster, and utility’s expanding This isn’t just a token anymore it’s the backbone of a culture Mutants evolved from chaos into icons of creativity and grit. My MAYC story started with a mint, but it’s turned into friendships, collabs, and nonstop inspiration. ApeFest isn’t just a party it’s a signal that we’re still early So yeah, I’m bullish on apes and even more bullish on what we’re building together.
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Cryptonomicon 2 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