Proof of Paint
@proofofpaint
Bitcoiner, Painter | Sound Art in Sound Money | Hard money will bring structure back to Art
932 Following2K Followers1.7K Posts
- Proof of Paint@proofofpaintProof of PaintRT @francispouliot_: BULL is challenging in court the EU's dangerous mass surveillance program for crypto users, DAC8. I cannot stand by and do nothing while faceless globalist bureaucrats put the security and privacy of millions of Europeans at risk. We will get DAC8 repealed.029808
- Proof of Paint@proofofpaintProof of PaintRT @parkeralewis: Bitcoin is volatile for a reason. The path to adopting bitcoin is not a security but instead understanding why it stores value. You will spend 40,000 hours of your life trying to make money. It's worthwhile to spend 100 hours figuring out how to keep it.0103019.7K
- Proof of Paint@proofofpaintProof of PaintRT @parkeralewis: Calling STRC and SATA "Digital Credit" is just the tip of the gaslighting spear, but the gaslighters want to focus your energy there, myopically. To make it seem like semantics and to distract you from all the other gaslighting. That's part of the gaslighting itself (look up the definition of gaslighting). But as Brian points out, their semantics don't even work out. Strive Management: It's digital hybrid equity credit. Market Commentary: But it's more like equity according to the report you reference, it's perpetual/permanent, no maturity, no contractual interest, no creditor rights that can force BK, prevent subordination or otherwise. Why do you have to gaslight? Could you just stop gaslighting? Strive Marketing: drop the hybrid equity, it's cleaner. Digital Credit. The Party told you to reject the evidence of your eyes and ears.Brian Cubellis @BackslashBTCThis is a perfect example of the gaslighting that @parkeralewis and others are rightly calling out around "Digital Credit" promotion. Adam points to the words "equity credit" on a Moody's cover page and acts like that settles it. But that phrase, in the context of the actual document, means pretty much the opposite of what he wants his followers to believe. "Equity credit" is Moody's term for how much of a hybrid instrument (ie pref equity) they treat as equity when they assess a company. The whole document is a tool for measuring how EQUITY-like something is when it doesn't cleanly qualify as either common equity or actual credit. Ofc, he just gave a screenshot and didn't link to the actual methodology. So let's dive in! Let's take STRC and run it through the methodology he's referencing. Strategy carries a junk rating from S&P. So under Moody's own methodology, the speculative-grade test is the one that applies. And on that test, a hybrid only counts as debt if its holders can force the company into bankruptcy or hold creditor rights once it's there. If they can't do either, it counts as 100% equity. So can STRC holders do either? No. They can't accelerate, can't trigger a default, can't force payment of a single dollar, and they sit behind every piece of debt the company has. The dividend only gets paid if the board chooses to declare it, and the stock has no maturity, so there's no principal anyone can ever demand back. According to the document Adam shared, STRC is 100% equity, the most equity-like result the methodology can assign. Adam frames critics as if they're quibbling over vocabulary. They aren't. Credit means the holder has real protections: a fixed date to be repaid, the right to call a default if they aren't, the right to accelerate the balance, and a creditor's standing ahead of equity if the company goes under. Those protections are the entire substance of the word, and STRC carries none of them. You can call it credit all you want. The name doesn't change the terms. Stop the gaslighting.011019.2K
This is a perfect example of the gaslighting that @parkeralewis and others are rightly calling out around "Digital Credit" promotion. Adam points to the words "equity credit" on a Moody's cover page and acts like that settles it. But that phrase, in the context of the actual document, means pretty much the opposite of what he wants his followers to believe. "Equity credit" is Moody's term for how much of a hybrid instrument (ie pref equity) they treat as equity when they assess a company. The whole document is a tool for measuring how EQUITY-like something is when it doesn't cleanly qualify as either common equity or actual credit. Ofc, he just gave a screenshot and didn't link to the actual methodology. So let's dive in! Let's take STRC and run it through the methodology he's referencing. Strategy carries a junk rating from S&P. So under Moody's own methodology, the speculative-grade test is the one that applies. And on that test, a hybrid only counts as debt if its holders can force the company into bankruptcy or hold creditor rights once it's there. If they can't do either, it counts as 100% equity. So can STRC holders do either? No. They can't accelerate, can't trigger a default, can't force payment of a single dollar, and they sit behind every piece of debt the company has. The dividend only gets paid if the board chooses to declare it, and the stock has no maturity, so there's no principal anyone can ever demand back. According to the document Adam shared, STRC is 100% equity, the most equity-like result the methodology can assign. Adam frames critics as if they're quibbling over vocabulary. They aren't. Credit means the holder has real protections: a fixed date to be repaid, the right to call a default if they aren't, the right to accelerate the balance, and a creditor's standing ahead of equity if the company goes under. Those protections are the entire substance of the word, and STRC carries none of them. You can call it credit all you want. The name doesn't change the terms. Stop the gaslighting.842922.9K- Proof of Paint@proofofpaintProof of PaintRT @parkeralewis: Gradually, Then Suddenly: A Framework for Understanding Bitcoin as Money is now available as an audiobook read by me personally. @MartyBent's foreword is read by Marty. Published by @saifedean's Saif House. Cover art by @proofofpaint. A fully bitcoin production. No AI. Links👇085035.1K
- Proof of Paint@proofofpaintThe new Proof of Paint website and store are now open! It is my pleasure to welcome you through these virtual doors. Inside, you will find an updated gallery showcasing my finest Bitcoin artworks, along with a new online shop where you can collect art using Bitcoin, via Zaprite. The online store debuts with one limited-edition giclée print of my artwork 'Moonlight Cornita'. In the coming months, more prints will be added to the collection. Browse, peruse, linger, and enjoy your time at
0210656 - Proof of Paint@proofofpaintGentlemen, It is my pleasure to share with you that, on block #920694, I too have finally joined the Bitcoin Patriarchy.
7123943 - Proof of Paint@proofofpaintBack after a year of building in silence. Solved what needed solving, and now I’m on my way to becoming a father for the first time! 🥂 Plus, a new painting, finished just as Bitcoin hits a new all-time high. Proof of Paint is alive and kicking. #Bitcoin #ProofOfPaint #Art
95271.5K - Proof of Paint@proofofpaintPosts @proofofpaintThe original sketch. I love looking at these to see what changed and what remained the same in the final piece.
106331 - Proof of Paint@proofofpaintWhen I had a US greencard I had to sign a form that promised I wouldn't take a cent from government security, lest I would lose my residency status.Leading Report @LeadingReportBREAKING: New York City Mayor Eric Adams has announced that the city will end food vouchers for migrants.206973
BREAKING: New York City Mayor Eric Adams has announced that the city will end food vouchers for migrants.1.8K4K58.8K2.6M- Proof of Paint@proofofpaintHappy to finally share with you my last oil painting, "Cosmic Bitcoin". Massive Cosmic Vibe Shift. Fourth Turning Conquered. Achievement Unlocked. Parallel Timeline Activated. May the Coin be with you!
87512.1K - Proof of Paint@proofofpaintProof of PaintRT @NakamotoInst: Today, we are pleased to release our redesigned website. We are also thrilled to release a full web version of @parkeralewis's Gradually, Then Suddenly. Thank you to our innumerable donors, the talented @skyler_fs, and Parker for making this possible. Links below.01450227K
- Proof of Paint@proofofpaintMy artwork is now available on Laser Eyes Cards... Add magic and style to your physical bitcoin payments! Get yours hereLaser Eyes Cards @LaserEyesCardsYou asked for another one, we made it too! @proofofpaint’s “Moonlight Cornita” on a Laser Eyes @bolt_card is also available to buy 🙌🎉 👉01131.5K
Laser Eyes Cards@LaserEyesCardsYou asked for another one, we made it too! @proofofpaint’s “Moonlight Cornita” on a Laser Eyes @bolt_card is also available to buy 🙌🎉 👉Laser Eyes Cards @LaserEyesCardsIf you liked @proofofpaint’s “Gilded Key” on a Laser Eyes @bolt_card, 👀📽️👇of @proofofpaint’s “Moonlight Cornita”⚡️🤩 If you approve, give this a like or a retweet, and give @proofofpaint a follow 🧡🙏🔥🚀03102K- Proof of Paint@proofofpaintBitcoin is more European than the EuroPierre Rochard @BitcoinPierre“The popularity of #Bitcoin is a symptom of declining public confidence in established institutions” - ECB economist005776
“The popularity of #Bitcoin is a symptom of declining public confidence in established institutions” - ECB economist181514214.4K- Proof of Paint@proofofpaintDesigned a personal emblem for my new website. I played with the the themes of coins, keys, mediterranean culture and classical art.
22243.2K - Proof of Paint@proofofpaint🔥Sign up to my newsletter for updates on print releases, new artworks and more! New website coming soon. All early bird subscribers receive a 21% off off their first purchase!✨ Head over to
0241.1K - Proof of Paint@proofofpaintAlso wantLaser Eyes Cards @LaserEyesCardsIf you liked @proofofpaint’s “Gilded Key” on a Laser Eyes @bolt_card, 👀📽️👇of @proofofpaint’s “Moonlight Cornita”⚡️🤩 If you approve, give this a like or a retweet, and give @proofofpaint a follow 🧡🙏🔥🚀017736
- Laser Eyes Cards@LaserEyesCardsIf you liked @proofofpaint’s “Gilded Key” on a Laser Eyes @bolt_card, 👀📽️👇of @proofofpaint’s “Moonlight Cornita”⚡️🤩 If you approve, give this a like or a retweet, and give @proofofpaint a follow 🧡🙏🔥🚀1281.7K
- Proof of Paint@proofofpaintProof of PaintRT @INDIANHODL: Received this bad boy tonight. Awesome and inspirational. Thank you @parkeralewis and @proofofpaint! #bitcoin #GraduallyThenSuddenly0502.6K
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