Seth Michael Steele's avatar
Seth Michael Steele
S_michaelsteele@BitcoinNostr.com
npub14evv...lrc7
We must live together as brothers or perish together as fools #Bitcoin
Seth Michael Steele's avatar
sms 10 months ago
We caught a glimpse of Bitcoin’s future, true financial freedom, but it seems that moment was just foreshadowing. Now, we veer off course, drifting back toward fiat in a stablecoin illusion, trading self sovereignty for the comfort of familiarity. Who really benefits from this so called practicality? The everyday consumer? The bureaucratic overlords? Surely not freethinking individuals. Surely not quality. Bitcoin bows to no one. It’s not designed for those who seek control; it’s built for those who seek freedom. Why tether yourself to a dying dollar when Bitcoin’s volatility is a heartbeat, a signal of life, while fiat’s slow decline is the silence of a deathbed? Fiat has always been a mirage. I choose to walk the path of truth, no matter how uncertain, because real sovereignty is worth the risk. image
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sms 10 months ago
Bitcoin or bust: it’s been that way for half a decade. I just thought there’d be more busting. I’ve stacked every single week I’ve been paid, and I’ll probably keep doing it for decades. There’s no scenario: no crash, no regulation, no mainstream skepticism that could make me stop. The path is straight and narrow, but the bumps along the way aren’t obstacles; they’re lessons. Watching my portfolio drop is surreal. Watching it stop dropping and push higher is even crazier. But the numbers don’t change the mission. All I want is more sats; everything else is either a bonus or a test of my conviction. The hardest part isn’t the volatility or the patience. It’s making sure that as Bitcoin hardens, so do you. image
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sms 11 months ago
If life is a simulation, then Bitcoin’s price isn’t just a number; it’s a pulse, the heartbeat of the collective human consciousness stirring from a deep slumber. For centuries, society has been trapped in a dream: lulled by consumerism, by fiat illusions, by a system designed to keep value fleeting and obedience automatic. But something is changing. The price of Bitcoin isn’t simply rising; people are waking up. The slow, uneven rhythm of this awakening is visible in every cycle: euphoria and despair, conviction and doubt, each movement a test of who truly understands. This process isn’t instant. Awakening never is. Some resist, clinging to old systems, mistaking the shadows for reality. Others glimpse the truth but fear the consequences. Yet, step by step, block by block, the world is shifting. Bitcoin is more than an asset; it’s proof of awareness, a beacon signaling that people are beginning to question what once seemed unquestionable. And in that realization lies the paradox: Bitcoin doesn’t rise because people speculate. Bitcoin rises because people understand. The more they grasp its purpose, the more they recognize its necessity. The illusion of control weakens, and something real takes its place. If this truly is a simulation, then Bitcoin is the glitch. A crack in the facade, revealing the path to something more. The question isn’t whether the awakening will continue. The question is how many will choose to see. image
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sms 11 months ago
It’s fascinating, and a little unsettling, that Satoshi Nakamoto remains entirely anonymous. In an age where privacy is nearly impossible to maintain, the idea that someone so impactful could vanish without a trace is almost supernatural. Yet, unless he passed away, Satoshi is still out there, living an ordinary life, blending into the fabric of society, perhaps walking past us without a second glance. I often wonder what that life must look like. How does the most selfless innovator of our time: someone who created a technology that reshaped the very concept of money, then walked away from unimaginable wealth, spend his days? A mind like that doesn’t simply go idle. He must be working on something, something significant. Perhaps he never even stopped working on Bitcoin, guiding its evolution from the shadows, his influence unseen but ever-present. And yet, there’s a paradox here. The very act of remaining unknown is what keeps Bitcoin decentralized, pure, untainted by human fallibility. If Satoshi’s identity were revealed, he would become the figurehead he deliberately avoided becoming: his words scrutinized, his intentions debated, his creation distorted by the weight of personality. Maybe the greatest gift he ever gave Bitcoin wasn’t the code itself, but his own absence. In that sense, my unanswered questions might be a blessing. Some mysteries serve a higher purpose by remaining unsolved. image
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sms 11 months ago
The debt always comes due. Making money easier makes getting scammed inevitable; it’s just balance correcting itself. But that balance is brutal. It takes low morals to exploit, yet those left holding the bag aren’t always the ones who made the mess. Generations accumulate debts, and whether fair or not, someone always pays the piper. Would scammers be so prevalent if the world were closer to a utopia? And would the world be closer to a utopia if older generations hadn’t borrowed from the future? I feel for those who get taken advantage of, but coming from a generation constantly called lazy by boomers, I have to ask: why do you put in so little into preventing yourself from getting scammed? Seems like one of the main threats when it comes to unfortunate circumstances that don’t involve health. Not every boomer is to blame, and they weren’t handed prosperity out of pure greed; their standard of living was built on the shoulders of those before them. Younger generations can’t relate. The time, thought, and resources invested in their future have been inadequate at best. Bitcoin is both gold and fire: an unstoppable force that can build or destroy, depending on how it’s wielded. There’s no such thing as “unburned.” Burned is burned. When wealth starts melting like ice cubes, people will go to extreme lengths to survive. Who’s to blame for the scams? Everyone involved; plus the economic landscape that made desperation so profitable. I don’t believe the elderly will be bled dry, but I’m also not shocked when money of no merit becomes someone else’s meritless money. Maybe younger generations aren’t underpaid, maybe the past just overpaid itself. If that’s the case, then the expectation to keep receiving far more than was given starts to look absurd. So stop reminding us we’ll never retire. If you really believe we’re lazy, come out of retirement yourself. See what you’re worth in the world you’ve left behind. image
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sms 11 months ago
The floodgates are opening, but what comes next? The Fed is quietly easing off its balance sheet reduction, and liquidity is rushing back into the market. Money is moving, and the tides are shifting. Is this the long-anticipated running of the tables? Is a jaw-dropping rally about to ignite? The dollar is losing ground, the PBoC is starting to ease, and the era of global tightening looks like it’s slipping away. Markets may be setting up for something historic, whether that’s euphoria or chaos remains to be seen. Yet, despite all the noise: tariffs, inflation, recession risks; one truth remains: uncertainty is inevitable. That’s why I stay humbly optimistic. No expectations, no surprises; just an unwavering focus on what matters. Every twist in the cycle is a lesson, and every storm carries wisdom. I’m not here for the rally. I’m here for the reckoning. Okay, maybe both, but people seriously underestimate Bitcoin as a way to fight back against the system that screwed/screws them over. image
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sms 11 months ago
The revolution has always been, and will always be, a rebellion against centralized control. Power naturally consolidates, and every era has its own struggle to decentralize it. Bitcoin itself was born out of this battle, a monetary system designed to resist the gravitational pull of centralization. But even within Bitcoin, we see the forces of convenience and scale favoring corporate dominance, particularly in mining. Corporations aren’t inherently evil, but their incentives: profit maximization, efficiency, and short-term gains: often lead to centralization by default. Mining pools, in their quest for stability, have trended toward consolidation, concentrating hashrate in fewer hands. Yet, Bitcoin’s resilience lies in its adaptability and the relentless pushback from those who refuse to let it slip into the same patterns of control it was built to escape. Decentralization isn’t automatic; it’s something we must constantly fight for. Companies like Ocean, Bitaxe, DMND, and mining protocols like Stratum V2 are part of that resistance, pioneering ways to distribute hashrate and reinforce Bitcoin’s core principles. They are just a fraction of the minds, products, and protocols working toward the same goal. The beauty of Bitcoin is that it creates incentives to fight back against centralization, even as it arises. Every time power starts to pool, a new wave of innovation emerges to break it apart. The battle is never over, but in that struggle, Bitcoin proves its strength. Watching this unfold isn’t just exciting…it’s a front-row seat to history. image
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sms 11 months ago
The sheer stress and tension in the market right now is staggering; panic, fear, and doubt are everywhere. Yet, I feel nothing but satisfaction. Losing a fiat salary’s worth in dollar terms is irrelevant when measured against the sats I’ve secured. The world sees volatility; I see accumulation. It was the cycles of unrealized losses that forged most of us into the hardened, unshakable holders we are today. Every gut wrenching drop, every test of conviction, it all built the resilience that separates those who merely speculate from those who understand. Over time, the need for raw endurance has faded, not because the game has changed, but because we have. The strength to see it through still exists, but it’s no longer a question; it’s a given. We don’t flinch anymore, because in the end, only one metric matters: the sats you hold. The window between now and global realization is a rare stretch of opportunity; one that won’t stay open forever. In the end, the winners won’t be those who measured their wealth in fleeting fiat digits but those who stacked relentlessly, understanding that balance, not fiat bloat, determines the future. As the world sleepwalks toward the inevitable, every sat accumulated is another step ahead. Some will chase illusions of temporary riches, mistaking noise for signal. Others will focus on what truly matters, positioning themselves before the rest wake up. By the time they do, the game will have already been won. image
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sms 11 months ago
There is no true top; only cyclical peaks along the way. And while timing them may seem appealing, it has never been necessary. If you had simply stacked through every so called “top” without selling a single sat, your gains would be monumental. Very few have had the privilege of witnessing Bitcoin’s full arc from its inception while continuously increasing their exposure. My estimates suggest that in the first cycle, only 10,000 to 50,000 people even knew about Bitcoin. That means just 0.00014% to 0.00071% of the global population had the chance…and it’s reasonable to assume that at least half of them squandered it. We can’t go back and fix the past, but we can ensure we never miss another cycle top again. The opportunity isn’t gone; it’s just shifted forward. So whether the price rises or falls, I win either way, because 1 sat = 1 sat. Price is temporary. Accumulation is permanent. image
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sms 11 months ago
Bitcoin’s short-term dips don’t shake my belief; they sharpen my conviction. Every downturn is an opportunity, a moment of mispricing before Bitcoin corrects and reclaims its place as the best-performing asset over the long run. It remains the undisputed king of crypto, but its true ambition reaches beyond digital assets…it’s poised to claim the world. Gold was forged in the chaos of the cosmos, a celestial relic of scarcity. Bitcoin, by contrast, was forged in the fire of financial corruption, a human engineered antidote to centralized failure. Its volatility isn’t weakness, it’s a test, a relentless rhythm that filters out the fainthearted and rewards the steadfast. But Bitcoin is more than a commodity: it’s a cause, a rebellion against the broken systems it seeks to replace. The real question isn’t whether it will be adopted but what happens when the very empires it was built to undermine start adopting it. Does Bitcoin change them, or do they change Bitcoin? The battle isn’t just for price appreciation; it’s for the soul of the future. image
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sms 11 months ago
David Sacks dumped $200M in bitcoin and crypto before becoming Trump’s AI and Crypto Czar, dodging insider-trading claims, a shame for the Bitcoin and good riddance to the crypto. He still has stakes in BitGo and Lightning Labs, cleared by government waivers, showing how the system flexes for insiders. As part of the PayPal Mafia, he’s shaping Trump’s 2025 agenda: less regulation, more tech dominance, and U.S. control via coin and code. It’s libertarian on paper, but in practice, just a sleeker form of power. They’re not breaking the rules; just mastering them. And me? I’m indifferent, stacking, and trying to make sense of it all. When you can’t make it make sense, make it make sats. image
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sms 11 months ago
Bitcoin is down, but not out, and if you can’t take the dump (lol💩), you don’t deserve the pump. The bears are feasting. Markets are shaky. Sentiment is weak. Yet, beneath the surface, something bigger is unfolding. Global liquidity is rising; a historically bullish signal for Bitcoin. Every fundamental indicator is screaming opportunity. Adoption is growing. Hash rate is climbing. Supply is tightening. The only thing lagging? Price. This disconnect won’t last forever. The impatient will panic. The weak will fold. But those who understand Bitcoin’s game theory know: true wealth is built in times of fear, not euphoria. So whether we see a recovery or another reckoning, I’ll be stacking: grateful, patient, and unwavering. Because when Bitcoin moves, it moves fast. And by then, it’ll be too late to catch up. image
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sms 11 months ago
The BITCOIN Act is still being framed as budget neutral, but don’t let that fool you; its implications are anything but. The plan is to accumulate 1 million BTC in five years, supposedly funded through Federal Reserve remittances and gold revaluations. What does that mean? Fed remittances: When the Federal Reserve earns income, primarily from interest on government bonds, it typically remits excess profits to the U.S. Treasury. If this revenue stream is directed toward Bitcoin purchases, it could act as a stealthy accumulation mechanism without requiring new taxes or explicit spending bills. Gold revaluation: If the U.S. government officially raises the price of gold on its balance sheet (effectively devaluing the dollar relative to gold), it creates an accounting gain. That gain could then be used to “fund” Bitcoin acquisitions without directly printing more dollars… In essence, these methods allow for a massive Bitcoin accumulation without overt deficit spending, making it more politically palatable while still reshaping the country’s monetary strategy. Why is this important? If the BITCOIN Act becomes law, it would make the Bitcoin Strategic Reserve (BSR) far harder to dismantle than if it were established through an executive order alone. Why? Laws outlast administrations: An executive order can be reversed with the stroke of a pen. A law requires Congressional repeal, which is much more difficult. Institutional entrenchment: Once the BSR is codified into law, government agencies, financial institutions, and national security interests will integrate it into their frameworks. This creates momentum that makes reversal politically and economically costly. Legal and financial precedent: If Bitcoin becomes a formalized part of U.S. reserves, future governments will find it far harder to justify unwinding it without triggering market instability… This isn’t just about whether the U.S. stacks 1 million BTC. It’s about Bitcoin becoming an irreversible pillar of national monetary strategy. A budget-neutral Trojan Horse that, once inside the gates, cements Bitcoin at the heart of the financial system…forever. The question is: is this act the beginning of a U.S. Bitcoin standard, hidden in plain sight? image
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sms 11 months ago
The U.S. has already established a Bitcoin Strategic Reserve, but now, with the proposed BITCOIN Act, it’s looking to supercharge it. What was once a scattered collection of seized coins is about to become a deliberate national strategy. This time, it’s being led by a true Bitcoiner, Senator Cynthia Lummis, and it’s not some weak-sauce, “budget-neutral” move. The plan? Accumulate 1 million BTC, 5% of total supply, an acquisition that would shake global markets. And securing it? That’s where things get wild. The proposal calls for a multisig on steroids decentralized vault network, spreading custody across the U.S. to ensure the funds are unstoppable. This isn’t just a policy shift; it’s a monetary revolution. The original Bitcoin Strategic Reserve was just the crowd opener. This one could redefine America’s economic trajectory. Now, here’s the real question…Would you be mad if the U.S. went full MSTR: issuing debt, diluting the dollar, and sending your sat stack to the stratosphere? Because that’s exactly where this would be heading. image
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sms 11 months ago
Price is noise. Signal is reality. We are standing at the edge of an inflection point, global adoption isn’t just being greenlit; it’s accelerating in ways the market hasn’t even begun to process. The infrastructure is in place, institutional doors are wide open, and the flood of capital is inevitable. What happens next isn’t speculation; it’s recognition. The term “digital gold” serves as training wheels for the mainstream, but it’s an insult to what Bitcoin truly represents. Gold doesn’t settle instantly, gold doesn’t have absolute scarcity, gold doesn’t function as a global, permissionless financial network. Bitcoin is orders of magnitude beyond a static store of value…it’s the foundation of a new financial era. Bitcoin is the ultimate pricing mechanism, when its price falls, it’s signaling that we need to create more value, not chase more liquidity. Bitcoin’s incentives are clear: produce more, waste less, build smarter. It’s not asking for permission; it’s forcing the transition. Just as with the ETFs, it will take time for the market to absorb this reality, but when it does, the repricing will be violent. Good news takes time to price in because those who understand it first are already maxed out, while the rest haven’t yet realized how badly they need Bitcoin. The only question left: when the world wakes up, will you already be sovereign? image
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sms 11 months ago
Trump’s Bitcoin Reserve: chaos before confidence? It’s fascinating, Trump’s executive order for a Bitcoin reserve was supposed to signal strength, yet it’s created more market turbulence than trust. Why? Simple: no Bitcoin was bought, and none is expected to be bought anytime soon. But this isn’t the end of the hype; it’s just the crash before the boom. Bitcoin remains the lifeboat, and only weak hands are trading their seats for carnival tokens on the sinking Titanic. Yes, this was an overpromise with an underwhelming delivery. But let’s zoom out…we’re still miles above the 2022 lows. The signal is there, even if the execution is lacking. Hard to complain when the inevitable is still unfolding. image
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sms 11 months ago
Women are quietly reshaping finance…and no one’s talking about it. I’ll admit, I was shocked when I stumbled across this, but I shouldn’t have been. Women are silently redefining the financial landscape, and yet, it barely makes headlines…unless it’s international woman’s day. They manage 84% of household budgets; controlling the flow of everyday capital. They outpace men by nearly 2% in investment returns, thanks to more disciplined, long term strategies. This makes them prime candidates to adopt Bitcoin, or even go Bitcoin only. Right now, women make up 34% of the crypto space, and I’m bullish on that number rising. But what I’d really love to see? The ratio of crypto bros to Bitcoin maxis compared to crypto ladies to Bitcoin only women. image
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sms 11 months ago
David Sacks (official crypto bro) acknowledges U.S. taxpayers took a $17B loss because their government sold seized Bitcoin. Trump’s new Bitcoin Strategic Reserve aims to change that, treating Bitcoin like gold…maybe better: strategic, not for sale. But is this a stroke of genius or a conflict of interest, given his own crypto ventures? Hard to believe we’re living in a world where the U.S. has a strategic Bitcoin reserve; fine print and all. It’s a turning point. The government finally acknowledges the opportunity cost of selling Bitcoin too soon. About time.
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sms 11 months ago
Trump established both a Bitcoin Strategic Reserve and a broader Digital Asset Reserve through an executive order, but rather than actively purchasing assets for these reserves, the government is more likely to hold seized digital assets on its balance sheet. This approach suggests a strategic shift; recognizing Bitcoin as a valuable state held commodity without direct market intervention. By holding confiscated assets rather than accumulating through purchases, the government can benefit from potential appreciation while avoiding direct competition with private investors. This policy underscores a growing institutional acknowledgment of Bitcoin’s role in global finance, hinting at its inevitable integration into sovereign reserves over time. They may not be stacking but they will be holding. image
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sms 11 months ago
If adding alts to a Bitcoin reserve seemed cringe, imagine skipping Bitcoin entirely in favor of one. The only real outcome? A good laugh and a front-row seat to history proving, yet again, that monetary gravity always wins. image