GM & PV We bought a CO2 monitor. Windows getting opened at all hours. Wife asks “is this your new obsession?” to which I responded “yup” count your blessings!

With gold practically $5,000 and silver at $100, the sentiment in bitcoin is so poor due to being left out of the metals rally that it almost feels like post-FTX $17,000 bear vibes I am bullish but the painful type where fear dominates and you have to push through it

GM and PV good people Sending love peace and blessings

One has to wonder if Trump and Bessent are actively trying to box out the Supreme Court from ruling against tariffs by demonstrating that the core of the issue is the multi-decade US-China Cold War rather than an isolated economic move or loophole around the legislative branch

PURA VIDA COUNT YOUR BLESSINGS

GM & PV The less time on Twitter the more free I feel. And my wife said she’s proud of me for not chasing the algo. Count your blessings!

GM and PV Wonderful day as always to count your blessings I have now logged out of Twitter on my trading station (phone was last year). Only laptop remains and I have been checking it much less. I had convinced myself in the past I needed Twitter because that’s where news happens, but at what cost to inner peace?

Monday Blessings to you all, PV

“The dollar” is a derivative of things that have value and are commonly denominated in dollars, such as assets. The dollar is itself fleeting, as is all currency today. Currency is not an asset. It used to be linked to an asset, gold, which is a mind trick used on the populace. Bitcoin is an asset.

GM and PV friends and readers Count your blessings and channel divine energy

Bitcoin has only had ~450 difficulty adjustments. Very early, very young network. Few understand this. GM, PV

I miss pre-Saylor bitcoin, but here we are!

How I feel these days

Letter from a student. Rewards of leaving a life on the trading desk to research and teach. It doesn't get better than this. Makes me realize how much I am blessed. Showing my wife these is an equally special moment because of proof-of-work. "Good morning/evening Professor Nik, I just wanted to take some time to thank you for everything I learned in your Bitcoin program. Honestly, when I first read "AI and Finance," I thought you were going to teach quantitative finance with AI as some new algorithm. I applied because it was literally the only class that interested me, and I'm pretty sure I put it as all three of my choices on the application. When I found out later that it was mainly about finance fundamentals, I thought I was going to have a horrible time. Boy, was I wrong—I accidentally discovered that besides computer science, finance might actually be my thing. I didn't realize how important the stuff we covered (especially credit creation and layered money) was until I started my recent internship at <REMOVED FOR PRIVACY>. The foundation you built for understanding markets—especially that class where you talked about credit creation and what happens to stocks and treasuries when more loans get taken out—has been incredibly helpful. The knowledge from your class has actually let me start conversations about crypto and stablecoins with some of my colleagues who've been in high finance for over two decades. I've been able to explain where Bitcoin gets its value and what stablecoins actually are. When they asked questions like what Bitcoin's market cap really means, I could talk about UTXOs and explain concepts like Bitcoin's realized value. This class really inspired me and honestly might even change the career path I end up taking. But above everything else, being able to actually transact Bitcoin in class was lowkey cool (not gonna lie, best thing ever)—it felt so much different than just reading the tech docs for the protocol. Thanks again for such an eye-opening semester!"

No Twitter on my phone for about a year now. Life much better. More attention on my family when I’m with them. Scrolling was causing neck pain on the side I hold my phone. Inner peace is the way. I still tweet from the desk and wish my business model didn’t depend on social media promo so much, but alas. GM, count your blessings!

GOOD MORNING BOOK SIGNING @PUBKEY NYC AUGUST 5TH BOOK SIGNING @PresidioBitcoin SF AUGUST 14TH SEE YOU THERE! COUNT YOUR BLESSINGS!

Fiat makes it difficult to discern whether gains are from dilution or productivity

Money don’t make you solid, it just makes you 10 times more of the person you are before you got it

Bitcoin Age audiobook is now available. I hope you guys will take a listen!

I’m here all week!