Here’s a 1 Year chart of WTI Crude priced in Bitcoin. (Longer-term charts are ridiculously over-weighted, but arguably don’t reflect the entry of Investment Houses and Corporations into Bitcoin, so let’s focus on just the past year). This is LITERALLY the only chart that matters: The world’s most important material resource priced in the world’s most important monetary resource. EVERYTHING else is noise. THIS is signal. Countries not stacking Bitcoin are not going to make it.

I’m coining a new term: Bitcoin Boomers. Because the OG Bitcoin Boomers are dumping their easy-earned gains on the head’s of subsequent generations and forcing them to swim upstream just to stay afloat.

@BitcoinBekka I’ll always be a fanboi for how for a while you would fearlessly alpha Michael Saylor in tweets in his early days. It was glorious. Nobody but Nobody could get away with how you trolled a major CEO. Yet in Bitcoin world, you helped introduce him to the playground, and let him know the rules…and he got that. In that way, I believe you played a very pivotal role to reveal Saylor as a true Bitcoiner. Appreciated you. View quoted note →

I think its important to remind ourselves that for virtually everyone in the Fiat system it makes complete sense that you obey the orders of someone that you work for, and at the end of a “pay-period” you get credits to give to other people who obey the orders of someone THEY work for. Yes, Bitcoin is Freedom Technology…but it won’t be adopted quickly, because few are able to understand. It will take decades to break the collective unconsciousness. Prepare accordingly.

Gold can be allowed to break up 400% because no one, no individual, no Nation State can challenge Power if their gold holdings quadruple. Bitcoin cannot be allowed to continue to multi-x. The Nouveau riche have always had to be kept in check. This understanding goes back a looong way.

o7 View quoted note →

Well said! Nostr is perhaps happily doomed to be the place where people can just be. Fwiw the very wealthy realized centuries ago that “Gentlemen’s Clubs” would rule “Social Media” nine ways to Sunday. Be Small but Mighty and choose your friends wisely. View quoted note →

A foot is your foot. An inch is your thumb. Every real housewife knows a cup, pint, quart, teaspoon, tablespoon…and they built the greatest country the world has ever known. Not with Math, but with Measurements.

In a Fiat system, an increasing majority of people will turn to debt(credit) as a means of financing their future. As Fiat wanes, greater numbers of people will come to rely on debt(credit) to stay solvent. On the Eve of Fiat, debt(credit) will increasingly overwhelm the people. In a Sound Money economy, an increasing number of people will turn to harder work as a means of financing the future. As Sound Money grows, greater numbers of people will work for previous workers and investors to stay solvent. On the Eve of Sound Money, Fiat will become an attractive casino for those who wish to prosper without working harder. As it always has.

Look at this 2-year Weekly chart of Volume (bottom) v Price Action. Forget what Asset this is. This is an Asset that is Dislocating. Dislocating assets break. Always. With unanticipated results. But we don’t know WHAT will break. The stresses within have ripple-effects without. And those stresses are intertwined through SO many things when viewing the free-est global-market asset the human race has ever known, however small but scrappy. Yes, Bitcoin is tiny, so far as harbingers go. But Gold is not, and Gold is likely the tsunami that has been sucking out the water from the beach right now, if you view the Volume chart as the place where the earth meets the ocean of money. Bitcoin’s time is to shine is not yet. Likely another one to two years. So DCA accordingly and don’t swing for fences.

You will never sell your Gold for Bitcoin at the top. But you will sell your Gold for Fiat. And later buy Bitcoin with Fiat after the Gold/Bitcoin top. Source: You know you will.

The very recent weakness in Bitcoin is a side-effect of the breakout in precious metals. Remember that in Bitcoin, God-Candles are basically just baseball cap branding. OG’s in Bitcoin have largely already dumped after 10 to 14 years of hodling. But in precious metals circles people have waited their whole lives for a 10x “melt-up”. Which is about where Gold and Silver are at right now. Think 30 years or more. So expect Old Guys with dreams of Cabo to absolutely eclipse what we think has been OG Bitcoiner selling after 10 years of hodling. “Retail” in Gold/Silver has been hodling longer than most Bitcoiners have been alive. And they are going to find that selling is very, very difficult at the prices we’re approaching. The spot markets at trading co’s has got to be interesting now, with buying v selling reaching a disconnect. Watching Gold & Silver run is like watching Susan Lucci finally win an Emmy award. t’s well-deserved, and everyone over 50 is applauding. But it’s little more than an honorarium at this point.

Starting to see a bit of talk about how Bitcoin is no longer a “Retail” asset because the Robinhood Retail crowd has become the Blackrock ETF Retail crowd. So fwiw, I’ll repeat: “UNLESS AND UNTIL….Overnight and Overweekend markets kick fully into gear and break the Western-centric hold on Bitcoin… Until we see THAT, Bitcoin is NASDAQ. Don’t leverage or expect anything more than 10%. Mark these words: Until the Non-Western “Flyover” markets clearly wrest control from Western “Wall St” markets, Bitcoin is going to trade like a trad-fi “FAANG” style investment. So accumulate accordingly.” View quoted note →

Today’s minor debacle is across all financial markets, but let’s focus on Bitcoin vs shitcoins since they are 24-7 trades and organized-market moves like today’s always happen on Fiat Fridays. This has nothing to do with Bitcoin directly, only peripherally. What happened today was almost certainly a break in the Yen Carry Trade, which has been threatening/happening for a couple of years now and likely finally being realized (similar to how everyone knows the US Dollar is a broadly accepted Fiat ponzi, but why does it take so long for everything to go full market-down in that arena as the buyers evaporate?). The Yen carry trade is a decades long scheme of borrowing in Yen for almost no interest and buying any and whatever to profit. It is now unwinding and “any and whatever” has to be sold to repay the borrowing. If this is so it is almost certainly a global financial flash-in-the-pan. Which has nothing to do with Bitcoin, but which has everything to do with shitcoins and every other speculative investment about to melting to a few cents above zero. It also may trigger fiat bankruptcies, and we should genuinely hope it will. But it is only a buying opportunity for Bitcoin.

All the propagandized “division” - in America and elsewhere - all division in the world, boils down to: “My sources of information are better than your sources of information.” This has always been. And the first step in confronting this monstrous maelstrom of insanity… …is to recognize both sources of information are Fiat.

Shower thought today: The last legit conspiracy theory I can think of that has definitively been Debunked is that Playboy was primarily about the articles & interviews.

We all understand that Bitcoin is now an Institutional asset…right? That Pleb culture birthed in Bitcoin is completely and totally irrelevant anymore. That Podcasts we loved for years, twitterX’s we followed…none of that is anything more than a fun way to spend a weeknight? I’m sincerely encouraging you to let all that go. Because Bitcoin isn’t even remotely influenced by Pleb buying anymore. Your influencers are not helpful. And I can’t suggest anywhere to go for any signal of any kind about Bitcoin. Because Fiat influencers are the Dumb Money. No person, whatsoever, has any clue where Bitcoin is going. None. We’re adrift. We’re over the event horizon. No one, even multi-100 BTC OG’s, have a clue what’s happening right now. The only Smart Money - is Dollar Cost Averaging. Bitcoin is truly in Unknown “Here There Be Dragons” territory. You are not the idiot. You are the hope-filled sailor. And DCA is the way.

You know what’s NOT fun? Being an investment professional who understands that Bitcoin is the most important asset the Human Race has ever discovered. During 2025.

The headwinds against Bitcoin this year are unprecedented. Regardless your bullishness - and there is zero reason at this point NOT to be bullish - the price-suppression is very real. Retail is no longer part of the market. European/Asian markets are awol. Reports of large institutional buying seem little more than reports as upward prices meet overwhelming selling at every stair-step. Yet. Yet. The healthiest markets climb a slow stairway to Heaven, as every break to a new high is slowly digested by the lettuce-hands and the window-shoppers in the market. This is a classic transition period for an accepted, mid-tier asset. Volatility lessens remarkably as the psychology of the market participants shifts. Bitcoin has entered the world of Fiat, and Fiat reigns in the world of Fiat. Bitcoin will be ruled by Fiat for some time to come. The early OGs dumped at $100k, and are largely done. But YOU, my friend, won’t see your dumping-point for another several years. So buckle-up and learn to enjoy the ride. The people today who are trying to sell us on God Candles are wonderful people, but they’re naive, at best. There are never, and never were, God Candles in maturing Fiat assets. Only speculative pump-n-dumps. And again, Bitcoin now lives in the world of Fiat.

For the record: The whole point of Wealth - THE WHOLE POINT - is to progressively separate yourself from all the other human beings who make you uncomfortable. Even Bitcoin OG’s will do the same. It’s the whole scorpion on the frog parable. Bill Gate’s was “new money” once. Stay humble is not just a brand(TM).