SCOTT BESSENT: "Treasury is moving quickly to implement the GENIUS Act to cement the role of the U.S. dollar as the world's reserve currency."
Posted yesterday. Hurley's explains how the same act meant to save the dollar is what builds the rails for the neutral reserve asset that ends up replacing it.
Tether just passed the largest financial audit in stablecoin history. KPMG verified $6.8B more in assets than liabilities, and physically inspected every one of its 150 tons of gold.
The company sitting at the center of global stablecoins, Dante points out, isn't picking a side between Bitcoin and gold. It's holding both. 👇
MICHAEL SAYLOR: "Money is energy. Bitcoin is digital monetary energy."
Rustin points out Saylor published that essay on the exact 55th anniversary of Nixon closing the gold window. 👀
JPMorgan just increased its Bitcoin ETF position to $356 million. UBS grew its own Bitcoin ETF holdings 230% this year.
Dante's point: none of this buying is retail. It's happening while the price sits near its lows, not after it moves.
Nolan Bauerle breaks down the Yen carry trade unwind and what it could mean for Bitcoin:
"The Bank of Japan is going to have to adapt its balance sheet... They're going to have to have hard collateral on that balance sheet because the Yen won't work anymore... Their government debt won't work, and then buying American government debt won't work."
"Everything here in this story is actually pulling Japan towards Bitcoin in the long term."
MICHAEL SAYLOR: "The people that shouldn't buy Bitcoin are people that need the money back in 12 weeks."
Hurley pulled that from Saylor's answer to who shouldn't own it. The guy running the biggest Bitcoin balance sheet on Earth naming the honest exception.
There are plenty of fish in the sea, but not a lot of bitcoin.
CPI printed 3.4% yesterday. Rate hike odds dropped within minutes.
Same week, Larry Fink said Wall Street needs trillions more dollars. Trump Media quietly added another 4,600 Bitcoin.
Rustin doesn't call that a coincidence. 👇
Nvidia just lined up $500B in financing with Wall Street's biggest names. Larry Fink says building it out will take 70 gigawatts of power, at $60B a gigawatt. That's $4.2T nobody has sitting in cash.
Dante Cook walks through where that money actually has to come from, and why the answer points straight at Bitcoin.
Bitcoin just split in two.
BIP-110 nodes rejected an Antpool block, creating two chains with two sets of rules.
Only 2.5% of hash rate had signaled support.
Now the minority chain is more than 300 blocks behind and falling.
Hurley breaks down the BIP-110 controversy and what
Less Noise, More Bitcoin 🟠
No Rush. No Pressure. Just Peace.
Bitcoin 🟠
Bitcoin split into two separate chains this week. Japan's biggest insurers are sitting on $100 billion in unrealized losses. Jamie Dimon just said America's reserve currency status could be slipping away. And Bitcoin kept producing blocks through all of it.
Dante Cook walks through why the same week Bitcoin proved it can survive a civil war, the system it's supposed to replace kept showing why people want out.
BIP-110 could trigger a Bitcoin chain split, hard fork, and even a proof-of-work change.
Samson Mow says only 1–2% of hash rate is currently supporting it and calls the potential outcome a “big, juicy nothing burger.”
Rustin and Samson break down the BIP-110 controversy and what could happen next.
BIP-110 could trigger a Bitcoin chain split, hard fork, and even a proof-of-work change.
Samson Mow says only 1–2% of hash rate is currently supporting it and calls the potential outcome a “big, juicy nothing burger.”
Rustin and Samson break down the BIP-110 controversy and what could happen next. 👇
THE BIP-110 FORK HAS BEGUN!!!
The biggest scam wasn't convincing you to work harder.
It was convincing you inflation is normal.
Millennials & Gen Z did everything they were told.
Yet the finish line keeps moving.
Hurley explains why. 👇
If you lost your Bitcoin in the Coldcard & BTCPayServer attack this week...
Our hearts go out to you. 🧡
This is not the end.
Keep your head up. Keep building. Keep stacking.
PSA 🚨 Google is currently selling its top sponsored ad slot for "Trezor wallet" searches to a phishing site, not Trezor.
At least one user reports losing his life savings after typing his recovery seed into it. Google took payment for the ad space. The scammer took his Bitcoin.
Trezor has confirmed it and is fighting for a takedown. Google's ad review somehow missed a wallet drainer buying a paid placement above the real company's own website.
Never type your seed phrase into any website, ever. Bookmark your wallet's official site instead of Googling it, sponsored slots get bought by scammers and Google keeps cashing the check.
