The national debt just hit $39T. More dollars in circulation = each one buys less. That’s inflation. That’s why prices are rising. (That and foreign entanglements.)

Small town living.

SQUARE TO AUTO-ENABLE BITCOIN PAYMENTS FOR MILLIONS OF SELLERS Square will auto-enable Bitcoin payments for all eligible sellers starting March 30, 2026, according to an updated Terms of Service notice sent to users. The change means millions of businesses using Square could soon begin accepting Bitcoin by default, rather than opting in manually. The rollout is part of Block’s broader push to integrate Bitcoin payments across its ecosystem, leveraging the Lightning Network for fast, low-cost transactions. Sellers will still have the option to disable the feature or automatically convert Bitcoin to USD at the point of sale. With Square powering millions of merchants globally, this marks a major step toward making Bitcoin a standard payment method in everyday commerce.

I used to bring up bitcoin in conversations so that I could try and convince people about it… …now when I bring up bitcoin it’s to hear what people have to say about it.

When the world is burning Bitcoin is the best way to opt out You don't have to participate

We have something rare here in Mendocino — a tight community where people know each other. Don’t let surveillance destroy that. Opt out of the digital panopticon.

Everyone who discovers and takes the time to understand Bitcoin has the same story — They found Bitcoin. It rewired how they think about money, time, work, freedom, and life. They tried to explain it to the people they love who looked at them like they'd joined a cult. So they stopped talking about it. "I tried to tell family and friends about Bitcoin, but they all thought I was involved in a scam or a cult. I needed some legit Bitcoin people in my life…and I found them. I went to two meetups with a bunch of cool, interesting, and intelligent people I never would have known otherwise. We all make our own Bitcoin journey, but none of us need make it alone."

33 years ago today, Eric Hughes published the Cypherpunk Manifesto. "Privacy is necessary for an open society in the electronic age." A sentence from 1993 that hits harder every year. Bitcoin is the most powerful tool to emerge from this movement. Cypherpunks write code. 🧡

“Bitcoin is punk rock money.” Bitcoin started as a pure, permissionless counterculture, in the same vein as early punk, hip-hop, or folk. These were movements that began in the margins, dismissed and mocked by the mainstream because they didn't fit the established mold. But if a counterculture is successful, it rarely stays niche. Over time, the ethos tends to bleed into the broader world. The Ramones started playing tiny dive bars like CBGB's and today, their influence is even felt in modern pop. Bitcoin is following that exact trajectory. As it moves toward global adoption, it’s carrying the values that birthed it, from self-sovereignty and resistance to decentralized control and individual freedom, and embedding them into the global financial architecture. If hyperbitcoinization is to occur, most people who eventually use Bitcoin may never even hear the word "cypherpunk." They won't necessarily know the history of the early days, but the underlying ethos will be transmitted anyway. Gradually, behavior starts to shift because better money naturally leads to better decisions, and better decisions lead to better lives. Not every Bitcoin user will be a hardcore ideologue. Bitcoin just needs them to be incentivized to use a superior tool. The culture is built into the code, and as the money spreads, the revolution happens on a deeper level.

A man deposits $10,000 in a bank. The bank thanks him and records the deposit on its balance sheet. But not where you might expect. For the bank, that $10,000 is actually a liability – because technically it belongs to the customer and might have to be returned. So the bank does what banks do. It lends $9,000 of that money to someone buying a car. Now something interesting happens. The $9,000 loan appears on the bank’s books as an asset – because someone now owes the bank money. So the same $10,000 is doing two jobs at once. The depositor believes he has $10,000 safely in the bank. The borrower now has $9,000 to spend. That $9,000 gets deposited somewhere else. The next bank lends $8,100. That gets deposited again. Then $7,290 gets lent out. Soon the original $10,000 has quietly turned into tens of thousands of dollars of loans scattered across the economy. Everyone believes they have money. Depositors see balances in their accounts. Borrowers have the money they spent. Banks show healthy assets on their balance sheets because people owe them money. And here’s the best part. Banks charge interest on all those loans – maybe 7%. But the depositor who supplied the original money might earn only 0.5% on their savings account. So banks collect interest on money that mostly wasn’t theirs to begin with – and keep the difference. With bitcoin, banks are no longer able to take advantage of customers. With bitcoin you are your own bank.

Most people think inflation is just "prices going up." There's actually a hidden order to how new money moves through the economy. Your position in that order determines whether you win or lose. It's called the Cantillon Effect. Here's how it works... When new money enters the system, it doesn't land equally in everyone's pocket. It flows from the source outward, losing purchasing power at every step. Level 1 — Banks & Financial Institutions: They get the money first. Before prices adjust. Before anyone else even knows it exists. They deploy it immediately into assets. Level 2 — Large Corporations & Contractors: They borrow cheap, expand fast, and lock in favorable terms before the market reprices. Level 3 — Asset Prices Reprice: Real estate. Equities. Hard assets. The early recipients have already bought in. Now prices rise for everyone else. Level 4 — Consumer Prices Catch Up: Your grocery bill. Your gas. Your rent. Costs climb while your paycheck holds still. Level 5 — Wages Adjust Last: By the time wages catch up, the purchasing power is already gone. You're running a race where the finish line keeps moving. This is the inflation tax most people never discuss. Structural, predictable, and baked into every fiat monetary system in history. The Cantillon Effect requires two things: new money and a centralized party with the power to issue it. Bitcoin has neither. Its supply is fixed, its issuance is governed by protocol, and no institution gets preferential access. Every participant operates on the same terms. Sound money neutralizes the Cantillon Effect. Bitcoin is the soundest money ever created.

Live light: ditch the clutter, dodge the surveillance. A quiet house, no smart fridge — freedom isn’t in gadgets, it’s in what you don’t own.

Jeffrey who?

Bitcoin isn’t an investment. It’s not a stock. It’s not something that needs government approval. Treating Bitcoin like a speculative asset misses the point entirely. It’s about freedom. Self-custody. And breaking the state’s monopoly on money. If you're trading it like a stock, you're not seeing the real picture. Study it. Own it. Be free.

AI will soon be able to generate anything digital: text, images, video, even whole identities. In that world, what can you still trust? Gold answered that question in the physical world. It became money not by decree, but because its chemistry made it uniquely scarce, durable, and hard to fake. Szabo called this “unforgeable costliness”: you don’t have to trust anyone, because the cost and scarcity are enforced by physics, not by people. Bitcoin is that same idea ported into cyberspace. Its proof-of-work protocol doesn’t just follow software rules; it anchors digital truth in real energy and thermodynamics. Hard to produce, easy to verify – just like gold. As AI floods the internet with synthetic content and deepfakes, anything purely digital becomes easy to fake or deny. Proof-of-work is the one thing AI cannot simulate without real energy expenditure. That makes Bitcoin more than money; it’s a truth layer – a ledger of events that no committee, government, or model can rewrite. AI is digital abundance, Bitcoin is digital scarcity. Without a physics-based anchor like Bitcoin, AI just accelerates the existing fiat system and its centralization. With Bitcoin, AI gets an incorruptible base layer: a ledger of truth backed by the laws of thermodynamics, not by trust. Study Bitcoin. Sources

Bitcoin's been pitched as digital gold for 17 years. At sub-5% adoption, that pitch gets boring What's not boring is a business owner who hates their Visa statement: Every major technology adoption curve has a crossing point. It's never the early adopters who push it over. It's the people who adopt it for boring, practical reasons they don't feel the need to announce. The internet crossed because businesses needed fast communication, not because people believed in the digital economy. 4 million Square merchants have access to Bitcoin payments. 0% credit card fees, instant settlement, and instant USD conversion if you don't want to hold it. That last part matters more than any crypto bill that passes this year. You don't need a Bitcoin thesis to use it, you need a 3% problem. A coffee shop doing $500k/year in card transactions is paying $15,000 to Visa and Mastercard for the privilege of getting paid. A clear problem with a clear solution -> product market fit And the business owner doesn't have to touch a wallet, read a block explorer, or care about halving cycles. They flip a setting in Square, save the fee, convert to dollars, and move on. This is how nascent technologies win.

Two curves are crossing. One falling, one rising. The falling curve is institutional legitimacy — the trust that makes governments functional, money valuable, and expertise credible. It’s been falling for decades as the information asymmetries that sustained it have been destroyed. The rising curve is technological capability — not just useful technology, but technology that can improve itself, that can do the cognitive work that has historically defined human professional value, that is now operating on timescales that human institutions cannot match. The most underestimated preparation for this time of profound change is the simplest: invest in actual human relationships and community. The research on how communities survive large shocks — Elinor Ostrom’s Nobel-winning work on collective action — shows consistently that the communities that cope best are not the richest or the best governed. They’re the ones with the strongest bonds of trust and mutual support.

It’s almost impossible to imagine what might exist in the future.

Once you wake up to the fact that the world hasn’t operated with “money” since 1971, things start to make sense. When you realize that, instead of money, the world operates with currency—tokens created as debt and used as a proxy for money—the causes of wealth inequality and social unrest become apparent. Study bitcoin.