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Simply Bitcoin
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Keeping you up-to-date with the peaceful Bitcoin revolution.
Jack Mallers stepped down from 21 Capital. Satsuma is liquidating. Adam Back's SPAC just got terminated. Parker Lewis called this outcome years ago: a great way to get less Bitcoin. Rustin argues this isn't bearish, it's the market filtering paper Bitcoin from the real thing.
BRIAN HARRINGTON: "I don't believe that it's fiat minded for Bitcoiners to want to be wealthy and financially secure." "I believe that them being that and their brain believing that about themselves, believing they're in the top 1%... 0.1%, is that energy that is going to take Bitcoin to $1 Million." "I think part of why we are where we are is because people's Bitcoin savings has out gained their mental capacity to act like a wealthy person."
Jack Mallers just stepped down as CEO of Twenty One Capital, Bitcoin's second largest treasury company. Strategy hasn't meaningfully reduced its position through this bear market, while Nakamoto, built on the same model, is down 99 percent and had to sell Bitcoin to survive. Only one version of this trade needs no business model at all.
EFRAT FENIGSON: "Agenda 2030, which I say is basically a totalitarian one world government and it's a plan to control, to have inventory and control over all resources and all areas of lives." "There are 17 sustainable development goals as part of Agenda 2030... There's everything there except for human rights, which is quite funny because you would expect the United Nations to care about human rights. It does not have its own sustainable development goal, but they pretend to care." @Efrat Fenigson
Bitcoin's traded inside the same range for 47 straight days, through Iran headlines, oil at its lowest since 1984, and the biggest buyer flipping to net seller. None of it moved the price. Hurley breaks down why Bitcoin's the one market nobody's obligated to catch when it falls.
Buy as much Bitcoin as you can. BTC is not gonna be at these prices forever.
Luke Gromen thinks gold overtakes the dollar as the world's top reserve asset before 2030. Hurley agrees with almost all of it. He just thinks Gromen stops one bridge too early: something harder than gold is waiting on the other side.
The man overseeing $10 trillion at BlackRock just dropped his leverage worries about Bitcoin and crypto. Says he's bullish for the next year. Same week, senators started talking Clarity Act on the Senate floor before August recess. Sophi doesn't buy the timing as coincidence.
CJ Konstantinos Explains Why Bitcoin Is Pristine Collateral: "The best from hard money, the best from the paper money combined into a digital protocol that allows for a 24/7 liquidity, 24/7 settlement in 10 minute block times. You can't beat it. And that's what makes it pristine collateral."
Alex Gladstein of the HRF pulls the curtain back on the IMF, and it's brutal. The sword got swapped for debt. Same empire, no army needed. Then a village in the Costa Rican jungle found the way out. Hummingbird premieres July 18 on our YouTube and Rumble channels.
It starts with a farmers market in the Costa Rican jungle that runs on Bitcoin. Then it cracks open into financial colonialism, an ancient prophecy, and a shift 500 years in the making. This is the Bitcoin story nobody saw coming. Hummingbird premieres July 18.
US CPI just fell to 3.5%, missing the expected 3.8%. Core inflation missed too, down to 2.6%. Dante flags it as the sharpest single-month drop since April 2020, when the economy shut down entirely. Every risk asset moved. Bitcoin was no exception.
A former OpenAI forecaster refused a $2 million NDA to say this: 70% chance AI goes horribly wrong, and what scares him most isn't the tech. It's who ends up holding it. Hurley makes the case for what no billionaire, algorithm, or government can confiscate.
SCOTT BESSENT, US TREASURY SECRETARY: "America will write the rules of the next economy... platforms, systems, and protocols through which commerce flows." He didn't say banks or dollars. He said protocols. Dante traces it to 2009, when Bitcoin started running as exactly that.
54.5 billion in Bitcoin. 1.7 billion in dividend obligations. Strategy's 3,500 Bitcoin sale? A teaspoon out of Lake Michigan. Rustin breaks down why Bitcoin doesn't need Strategy: it traded before Strategy, it'll trade after.
CHRISTINE LAGARDE: "If there is an escape, that escape will be used." She said that about Bitcoin, not crime. She meant people holding money the ECB can't scan, freeze, or inflate. Sophi's take it as a warning is off. It's your signal to use it.
For 15 years: governments will ban it, China controls it, CBDCs are inevitable. Then the Senate voted 84-8 to ban CBDCs. Congress moved to build around Bitcoin instead of against it. Dante's read: Bitcoin didn't change. The people trying to stop it ran out of road.
Fed minutes of the Warsh era dropped this week: committee split 9-9, and a task force forming to swap out the inflation ruler. Same week, Lyn Alden said sentiment is the lowest she's ever seen, and nothing is coming to save Bitcoin. Hurley's read: same story, told twice.
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