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The new age of privacy, and the crypto ecosystem that will enable it.
A Thread.
$XHV $SCRT $RUNE
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More from Crypto
You know what's coming:
🔺️ Regulation
🔺️ More shutdowns
🔺️ Banks deciding who gets to do business
It's time you got your own crypto wallet.
Don't know how? I'll show you.
/////THREAD\\\\\
METAMASK
What's metamask? It's a wallet. That you -- I mean YOU -- own.
You see, when you buy crypto through an exchange like CoinBase, you own it but only kind of.
If they get
🔺 Hacked
🔺 Shutdown
🔺 Servers crash
-- your money is STUCK.
We are gonna avoid that 👇
![](https://pbs.twimg.com/media/Es6hgTTW8AEgem0.png)
First thing,
Go to
https://t.co/JXAp9o5RzJ
You can download it on your computer. It's a browser extension.
Alternatively, go to the app store on your Android or iPhone. It's there too.
As part of the setup process, you will choose a password.
More importantly though...
SEED PHRASE
As you follow the setup process, you will be given a 12-word seed phrase.
WRITE. THIS. DOWN.
Take it down and guard it like the map to Davey Jones' Locker.
THESE ARE THE ONLY WAY TO RECOVER YOUR ACCOUNT.
DO NOT LOSE.
We good? Great.
Let's continue.
![](https://pbs.twimg.com/media/Es6hlFwXIAMP9N2.jpg)
Once you're all setup, your MetaMask wallet is going to look something like the picture below.
See where it says Crypto Address? That's where your actual address will be.
It'll be a random arrangement of letters, numbers, etc.
Click on it to copy to your clipboard
NEXT STEP
![](https://pbs.twimg.com/media/Es6hl6VWMAMdfRH.png)
![](https://pbs.twimg.com/media/FLk5hWJXEAUxVAI.jpg)
It comes from David "DSHR" Rosenthal, a distinguished technologist whose past achievements including helping to develop X11 and the core technologies for Nvidia.
https://t.co/tkAMShno4k 2/
Rosenthal's critique is a transcript of a lecture he gave to Stanford's EE380 class, adapted from a December 2021 talk for an investor conference. 3/
It is a bang-up-to-date synthesis of many of the critical writings on the subject, glued together with Rosenthal's own deep technical expertise. He calls it "Can We Mitigate Cryptocurrencies' Externalities?"
The presence of "externalities" in Rosenthal's title is key. 4/
Rosenthal identifies blockchainism's core ideology as emerging from "the libertarian culture of Silicon Valley and the cypherpunks," and states that "libertarianism's attraction is based on ignoring externalities."
This is an important critique of libertarianism. 5/
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