If you have been in Bitcoin for a cycle or more before today, you have experienced a once in a lifetime event. You built the conviction to hold an asset which the entire world told you was destined for nothing. Literally everyone said you were wrong, at scale. That character building dynamic, is no longer the case. Wall Street, government policy, and even the media is at minimum less negative, but mostly now positive. Building conviction in Bitcoin now is easy, folks just pass off responsibility to their money manager. If you stood the hardcore test of building, forming, challenging, and reshaping your conviction over years, amidst the most hostile social environment against Bitcoin we will probably ever see, well done. Yes the asset is awesome. But the lessons you learned, and the trust you now have in your own decisions and ability to reason, cannot be replicated. You lived a once in a lifetime experience. Put it to work in your life, and make it better.

Once in every Bitcoin cycle, folks emerge with a thousand reason why the declining block subsidy will lead to the eventual death of the 🌽 In my latest piece for _checkonchain subscribers, I lay out my thoughts around the long-term viability of Bitcoins PoW security system.

Securing the Bag: My Take On Bitcoins Long-Term Security

The long-term sustainability of Bitcoin's security and mining market remains one of the biggest open questions for the asset. In this piece, I lay ...

For all the chess players in the room, what is your favourite piece, and why is it the Knight?