Don't ask Bitcoin to be gentle, ask for it the be honest. Then become the kind of person that can handle the truth.

Nobody warns you. That's the sick part. Nobody sits you down and says, hey, if you spend one weekend actually reading about money, you will lose the ability to enjoy anything for the rest of your life. Your brother-in-law just mentions it at a barbecue. That's how it starts. Some guy holding a hot dog says "you should look into Bitcoin" and you laugh at him. You laugh AT him. You make the tulip joke. You feel superior for eleven more days. Then it's 2:47 in the morning and you're on your fourth Saylor podcast and your wife thinks you're having an affair. And in a way, you are. You're cheating on your entire worldview. ou came in to debunk it. That's the trap. Everyone comes in to debunk it. You wanted to find the flaw, dunk on your brother-in-law, and go back to your Vanguard target date fund like a respectable adult. Instead you found out what happened in 1971 and now you can't make eye contact with your 401k. Because here's what actually happens. Bitcoin is cool and all, but you REALLY learn about the dollar. Bitcoin is fine, Bitcoin is twenty-one million and a schedule, you understand it in an afternoon. The dollar takes months, because every time you think you've hit the bottom of that thing there's a trapdoor. The Fed just... prints it? And they gave how much to the banks in 2008? And the banks did WHAT with it? And the guy who ran that got a MEDAL? You're up at 4am reading about the Cantillon effect like it's your kid's toxicology report. Then comes the phase where you're insufferable. Everyone goes through it, nobody admits it. You ruin Thanksgiving. You genuinely ruin it. Your aunt says turkey prices are crazy this year and you see your opening like a lion seeing a wounded gazelle. Forty-five minutes later you're drawing the M2 money supply on a napkin and your mother is crying and your uncle is saying "it's not backed by anything" for the ninth time while his pension is backed by the promises of a government that's thirty-seven trillion in debt. He's worried about YOUR risk profile. He has unit bias so bad he'd rather own a whole Shiba Inu coin than a fraction of the hardest asset ever created, because his brain, poisoned by seventy years of fiat, thinks "whole thing cheap" beats "piece of thing good." And the prices. God, the prices. You can't turn it off. You're in the grocery store repricing eggs in sats. The eggs are getting cheaper in sats. Everything is getting cheaper in sats except your will to explain that to anyone. You look at a house and you don't see a house, you see the number of Bitcoin it costs, and that number falling forever, and you realize the housing crisis is a measuring stick crisis, and you say this out loud at a dinner party, once, and now you're not invited to dinner parties. Then the anger burns off and something worse arrives. Clarity. You realize nobody is coming to fix this. The people in charge KNOW. That's the part that breaks you. They're not stupid, they're incentivized. The debt can't be paid, only inflated, and every serious person in a suit on television knows it, and their plan is to be dead before the invoice arrives. So you buy. Coinbase, first time, hands shaking like you're doing something illegal, and the fee annoys you, and that annoyance is the last normal financial emotion you will ever feel. You set up the DCA. You learn what a hardware wallet is. You write twelve words on steel like a doomsday prepper, because that's what you are now, except your bunker is math. And then the loneliness. Nobody tells you about the loneliness. You've seen it. You can't unsee it. And you're surrounded by people you love who are working forty years to fill a bathtub with the drain open, and when you point at the drain they get mad at YOU. So you stop pointing. You just stack quietly, in the dark, waiting for the day one of them comes to you, at a barbecue, holding a hot dog, and says the words. "Hey... you were into Bitcoin, right?" And you smile. Because it's their turn in the barrel. Welcome. Nobody warned me either.

Wall Street guys are followers, not leaders. Don't you forget that.

"Net Accumultor"

This is central banking in a nutshell: A group of rich guys go to the king and say: "Hey, you need money for your war. We'll give you all the money you want." The king says: "Great, where's the money?" They say: "We're going to make it up. We'll write numbers in a book and that's your money now." The king says: "What do I owe you?" They say: "You pay us back with interest." The king says: "Where do I get that money?" They say: "You tax your citizens." The king says: "What if I can't pay it all back?" They say: "That's fine. We'll lend you more. Same deal." The king says: "And what do you do with the IOUs I gave you?" They say: "We use them to prove we have money, so we can lend even more money to other people and charge them interest too." The king says: "So you made up money, lent it to me, I tax my people to pay you back, and then you use my debt to make up even more money and lend it to everyone else?" They say: "Yes." The king says: "What did it cost you?" They say: "Nothing." That's literally how the Bank of England started in 1694. The Bank was formed to finance King William's war with France. The king gave the Bank a charter, granting it a monopoly on money. The king could have as much money as he wanted. The bankers could always earn interest. Taxpayers covered the bill. Now replace "king" with "United States Government" and you have the Federal Reserve in 1913. Same story, different country. It doesn't end there. 185 central banks exist in the world today. Across the globe, the governments get as much money as they want, the bankers load their pockets with interest, and the taxpayers pay for it all. Oh, and if you don't pay your taxes, they'll fine you, penalize you, or throw you in jail. The ONLY way out of this is to STOP USING THEIR MONEY. As long as you're using the money that central banks control, the central banks will have control. You have to stop giving them energy. Use a different form of money that they can't control. This is why Satoshi Nakamoto created Bitcoin.

Is Bitcoin trying to tell us something? What is is Lassie? Is Timmy stuck in the well?

What it's like to be a Bitcoiner in 2025. #Bitcoin

#Dontwait

Taste the rainbow. #steakstr

Is the reason that Bitcoin whales are selling because they know they finally have just as large of buyers on the other end of the trade? (Institutions, nation states etc) And large scale selling won't drop the price so they feel this is their time to unload?

Tether represents the mechanism by which transition occurs. A TROJAN horse that appears to strengthen dollar demand while actually accelerating Bitcoin monetization. Every dollar going into Tether seeking stability, contributes to Bitcoin's March toward monetary dominance.

One of the cope tendencies I've seen among bitcoin bears is that they said "the state" wouldn't allow it, would shut it down, as a justification for not being bullish years ago. Then as the network grew massively, and a subset of politicians liked it either because they have anti-big-state views themselves or because money speaks, those bears shift to "well now it lost its way, now it is captured" as a way to continue to be bearish on the idea even as the price soars and the network strengthens. Part of being bullish years ago was understanding this type of game theory.

The perfect beer for my evening read #TheBigPrint #Beerstr #Bitcoin #Bookstr

The life you want is on the other side of the uncertainty you avoid.

The virtue is in having the power but showing restraint over that power.