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Bitcoin replacing real estate, dollars, treasuries and other forms of inferior collateral in credit products is a sign that bitcoin is successfully demonetizing all of those assets and shifting control toward the holders of bitcoin. That's winning.

TFTC – Truth for the Commoner

Fade DeFi, Embrace the Bitcoinization of Tradfi

We're winning. Embrace it.

At home miners running Bitaxe machines mined two blocks in the last week. The resurgence of at-home mining driven by the Bitaxe project and others is extremely encouraging. Hashrate ownership distribution is important. Put a Bitaxe in every home.

TFTC – Truth for the Commoner

The Resurgence of At-Home Bitcoin Mining

Don't ask what bitcoin can do for you, but what you can do for bitcoin.

Many aren't paying attention, but a free banking system is beginning to emerge on top of bitcoin via the lightning network and ecash mints. Development is happening at a rapid pace and its killer app is a 10x UX improvement in payments.

TFTC – Truth for the Commoner

Bitcoin's UX is Improving

Free banking on bitcoin is here. It's just not evenly distributed.

“Tell me you have two boys without telling me.”

The Tesla terrorists are the weirdest form of NPC that has manifested in recent decades.

“The American Dream isn’t ‘Let them eat flat screens’” is such an incredible line. Cuts straight to the core of what we’re fighting for. Cheap electronics from China are the equivalent of economic SSRIs. Synthetic happiness that completely misses the core of the problem.

When someone asks “Well isn’t bitcoin a threat to the dollar?” Immediately shift the frame and point out that the dollar, as it’s designed, is a threat to itself and American citizens. Bitcoin is a powerful tool for Americans. The dollar is designed to lose value.

As someone who would like to see the federal government in the US shrunk dramatically, I believe a strategic bitcoin reserve accumulated via a mechanism like Bit Bonds is the only viable path to make a smaller government possible. This may seem counterintuitive - "if the US government acquires bitcoin it makes them stronger." However, when you take a step back and think of the problem of the ever expanding federal government you realize that a large part of the problem is driven by the need to roll over debt by issuing new debt to pay it back. This leads to a forced expansion of the federal government that can only be reversed if something new is introduced that can defease the debt without having to issue new paper. As it stands today, bitcoin is the only thing that can practically produce this defeasment. The beauty of the bit bond idea is that it expedites the debt pay back by enabling the Tresury to issue longer-term bonds at lower rates, which works to decrease interest payments on debt that is being rolled over. An incredible kickstarting mechanism that provides immediate results. Imagine being able to point at the chart of the interest expense on the debt and show that the number is falling. Bitcoin is for anyone, including governments, and it is a great asset that enables individuals, businesses and governments to think creatively by leveraging the benefits that come with adopting it during its monetization phase. The path to shrinking the federal government dramatically over the next few decades only exists in a world in which the government adopts bitcoin as a strategic asset to begin paying back the debt.

Feeling bullish.

“Number been lame.” - my wife at breakfast this morning

Sam Hyde is that dude.

The Bitaxe is a 21st century lottery ticket with better odds that also helps decentralize bitcoin hashrate ownership, which makes the network fundamentally more robust and valuable. A beautiful thing to see.

The sovereign debt crisis is hitting a head and people are bearish on bitcoin because it "crashed" back to levels that were first seen *checks notes* four months ago. This is your brain on the fumes of the high velocity trash economy.

If the plan is to let the stock market go and drive bond yields lower to make the trillions in debt that needs to be rolled over this year more manageable, it is being executed flawlessly by Trump and Bessent.

We got back to our roots with this rip with @George Bodine. You may be fearful right now as bitcoin dips below $80,000 and broader markets continue to sell off. Block out the noise and enjoy this conversation. Bitcoin's fundamentals are stronger than ever.

Do you hear that? That’s the sound of the dusty tarps being ripped off money printers around the world. The big print is coming.