How does bitcoin help people that don’t own it? A decentralized and secure protocol bound by energy imposing itself on people, companies and governments around the world. A fixed set of rules that can’t be cheated with a fixed supply of 21M bitcoin. It rewards you for participating and collapses your wealth measured in bitcoin for ignoring it. Costs an immeasurable amount to attack it. Tech is deflationary. Imagine the productivity from the free market benefiting everyone in society as prices fall even if they don’t own bitcoin? Imagine if governments were forced to compete for you to stay in their country, shrink and be as efficient as possible, decrease taxes the most, decrease war spending etc. the inability to print money because of the supply cap is tremendous. Irrational governments will have their wealth distributed to productive ones that other people vote for with their feet and money. When people are very careful about spending money and you can actually save your money because it goes up in value it focuses spending on our hierarchy of needs. Food, water, shelter, energy production and transmission, health care towards leisure, art, culture and larger problems etc.. The most productive people in society will rush in to create value in those fields until there are no profits left. Think there calculator app on your phone. Prices will collapse to their marginal cost of production. Bitcoin allows 8 billion people to participate in a global free market all competing to provide value. That value is passed on to all 8 billion people in the form of lower prices (measured in bitcoin) because Bitcoin is a global, permissionless free market. It’s basically a global platform and incentive structure for us to build humanity that aligns us to an abundant, inclusive, fair, free future.

Bitcoin is the cumulative efforts of failed money error correcting over time. Seems like religion was the same, created as control structures for increasingly complex groups of people with likely initial good intentions corrupted over time because it could be. In contrast, Bitcoin encapsulates the well intentioned aspirations of religion while being fundamentally anchored in the laws of physics, imposing itself on us and moving us towards a better future. Bitcoin is money, energy, religion, innovation etc. All boils down to Bitcoin is us. We are bitcoins. 🤣

She could have at least ironed her neck scarf!

X (formerly Twitter)

Christine Lagarde (@Lagarde) on X

Excited to be back in Davos for the @wef annual meetings! With a packed agenda ahead, I look forward to meaningful discussions! #WEF25

Eth community members upset their decentralized token doesn't have strong central planners.

Good day to say it.. stay humble and stack sats @ODELL

Coinbase just announced they are going to increase your counter-party risk for coins you trust them to hold on your behalf.

Canada was ahead of its time. Trudeau sold all the gold reserves and quietly started stacking Bitcoin. Well done sir, had us all fooled for a dictator who doesn’t like maths.

1 year active supply up nearly 10% from a year ago. Long terms OG’s set the price. HODL!!!

Getting thirsty out there. Only 4 MSTR's left on exchanges.

What's The Problem? Best orange pilling video I have seen in a while. For an introductory video for someone trying to understand the value prop of Bitcoin, this is a great place to start, understanding the problem. this is my new favorite for sharing alongside @Lyn Alden 's Broken money video. depending on the person.

Was having lunch with some very successful nocoiners today. We are still very early. Bitcoin and AI is on their radar and they think everyone is crying wolf so they don’t feel like they NEED to take action yet. But they know that day is coming. Don’t think we will ever reach a point of hyperbitcoinzation in terms of sound money enlightenment to all but Bitcoin will just, in a sly round about way, entrench itself more and more through reinforcing incentives bottom up and top down.

When explaining bitcoin to people who are successful and don’t think they need Bitcoin my favourite thing to say is, “ your wealth is collapsing in Bitcoin terms”. I can see the pain in their souls and ego. It’s a beautiful thing.

@Jeff Booth blink twice if you are still advising.... we'll say... future Canadian political leaders. Manufacture, mine, produce, drill, attract businesses.. demand for CAD increases, relief valve Bitcoin so CAD currency stays relatively weaker than USD?