Bitcoin Alpha: Weekly Review A deep dive into the most important Bitcoin insights from discussions in the 13th week of 2025. 1. Pierre Rochard: Finance Is Getting Bitcoinized In TFTC #601, Pierre explains that Bitcoin’s impact won’t come through flash but through function—by quietly replacing weak, yield-chasing collateral with uncompromising monetary energy. As he puts it, Bitcoin’s monetary gravity is starting to pull in the traditional financial system. Expect it to become part of every serious treasury strategy, the same way corporations hold dollars or bonds. h/t TFTC – The Bitcoinization of Finance with Pierre Rochard ⸻ 2. Carlos Toriello: Bitcoin Secures Democracy with Time TFTC #600 featured Carlos’ OpenTimestamps project, which is anchoring local election results in Guatemala and Georgia (U.S.) to the Bitcoin blockchain. Election results in places like Screven County, GA are now cryptographically secured—unalterable and independently verifiable by anyone, anywhere. Bitcoin isn’t just a store of value—it’s a tool for institutional truth. h/t TFTC – Immutable History Is Now Possible with Carlos Toriello ⸻ 3. John Dennehy: Bitcoin Education Goes Global In Bitcoin Park’s Educator Unconference, John explains how “My First Bitcoin” is creating an international, open-source Bitcoin curriculum. Already active in 39 countries and reaching over 40,000 students, the initiative teaches the fundamentals of Bitcoin without shilling altcoins, selling products, or even mentioning fiat. It’s Bitcoin-only financial literacy. h/t Bitcoin Park – The Bitcoin Educator Unconference with John Dennehy ⸻ 4. Luke Gromen: The Dollar System Is Running on Fumes In What Bitcoin Did, Luke warns that the global dollar-based system is entering its final act. Rising deficits, unsustainable debt, and eroding confidence in U.S. Treasuries are pushing capital toward “neutral assets.” He calls Bitcoin the best option available—and says when the real panic hits, it’ll be BTC, not gold, that soaks up the flood. h/t What Bitcoin Did – Bitcoin and the End of the Dollar System with Luke Gromen ⸻ 5. Eric Yakes: $1 Trillion of Institutional Capital Is Ready Eric breaks down a landmark report in Coin Stories forecasting how institutions, asset managers, and sovereign entities are aligning to allocate over $1 trillion to Bitcoin. With OCC and SEC clarifications, it’s no longer a legal gray area—it’s a green light. State-level treasury allocations are already beginning. h/t Coin Stories – Eric Yakes: $1 Trillion Flowing into Bitcoin ⸻ 6. Bitcoin Alpha: Rewards, Points, and Broken Incentives In TFTC’s Bitcoin Alpha 007, the discussion highlights how credit-driven point systems—from Amex to DoorDash—distort value and drive debt. Bitcoin offers an alternative: honest rewards with actual savings. Tools like the Fold card give users a way to earn Bitcoin for spending they already do, aligning incentives with reality. h/t TFTC – Building Bitcoin Treasuries, Rewards vs Points, and DC’s Bitcoin Evolution ⸻ 7. Nik Bhatia: QE Is Not Optional—It’s Inevitable In What Bitcoin Did, Nik explains why the Fed will return to quantitative easing. Why? Because the debt markets can’t absorb higher yields. In a world where bonds are liabilities, Bitcoin remains a neutral, bearer asset with no counterparty risk. He calls BTC the “exit” in a monetary system with no brakes. h/t What Bitcoin Did – QE, Liquidity, Bonds and Bitcoin with Nik Bhatia ⸻ 8. Rabbit Hole Recap: Bitcoin’s Momentum Is Cultural and Political Episode #350 covers GameStop exploring BTC, a push to repeal the Bank Secrecy Act, and the legal fight for Samurai Wallet. Civil asset forfeiture, KYC tyranny, and mining centralization are all being challenged—proving Bitcoin is just as much about human rights as it is about money. h/t Rabbit Hole Recap – Bitcoin Is the Answer (#350) ⸻ 9. Pierre Rochard & Michael Goldstein: Bitcoin Is the Fiat Mind Antidote In What Bitcoin Did, the duo revisit Bitcoin’s philosophical roots. Pierre emphasizes building tools, not hype. Michael reminds us that Bitcoin is culture—it encourages responsibility, critical thinking, and truth-seeking. The Bitcoin Revolution is happening—and it starts between the ears. h/t What Bitcoin Did – The Bitcoin Revolution with Pierre Rochard & Michael Goldstein ⸻ 10. Institutional Bitcoin Demand Is Getting Loud The Coin Stories – News Block episode unpacks SEC guidance on Bitcoin mining (greenlight), OCC dropping “reputation risk” banking restrictions, and why the U.S. is quietly preparing to hold as much BTC as possible. From bullish price models to regulatory clarity, the dominos are falling. h/t Coin Stories – News Block: Institutional Boost to BTC ⸻ Bitcoin is no longer waiting for permission. It’s being adopted, implemented, and embedded—block by block. Stay humble. Stack Sats. Pura Vida. Date: April 2, 2025 Bitcoin Block Height: 890,492 Current Bitcoin Price: $84,595 Satoshis per U.S. Dollar: 1,182

Bitcoin Alpha: Weekly Review A deep dive into the most important Bitcoin insights from discussions in the 12th week of 2025. ⸻ 1. Samson Mow: The Nation-State Domino Is Already Falling Samson Mow isn’t talking hypotheticals anymore—he’s seeing real conversations with governments, especially in Asia. He says nation-states are treating Bitcoin as a strategic reserve. El Salvador was first, but geopolitical FOMO is brewing. Legal tender moves are already being modeled behind closed doors. (h/t The Bitcoin Podcast – Samson Mow) ⸻ 2. Quantum & AI in Mining: Science Fiction Becoming Strategy At Bitcoin Park, panelists debated if future mining will be shaped by quantum breakthroughs and AI optimization. Craig Deutsch emphasized that decentralized, AI-augmented mining could be used for dynamic load balancing, while others speculated that post-quantum cryptography will be essential for mining security in the next 20 years. (h/t Bitcoin Park – NEMS25: Reality or Science Fiction) ⸻ 3. Parker Lewis: Bitcoin Will Absorb All Money-Like Assets In a detailed macro breakdown, Parker Lewis explained how Bitcoin competes with savings accounts, bonds, real estate, and gold—not just fiat. He argued that Bitcoin’s path is clear: monetization through global convergence. Even the volatility is part of the process, not a bug. (h/t What Bitcoin Did – Parker Lewis) ⸻ 4. Avik Roy: U.S. Debt Math Is Broken—Bitcoin Is the Lifeboat Roy walked through how entitlement spending, rising interest costs, and shrinking tax bases are creating a sovereign debt doom loop. In his view, Bitcoin offers not only individual protection but a framework for national economic stability. He emphasized bipartisan appeal for Bitcoin’s principles of sound money. (h/t What Bitcoin Did – Avik Roy) ⸻ 5. Mel Mattison: The Trump Doctrine Could Include Bitcoin Mel argued that economic and political elites are quietly preparing for a post-dollar world. He believes a second Trump administration would be open to integrating Bitcoin into a new Bretton Woods-style monetary reset. Mattison also warned that ignoring Bitcoin now could leave the U.S. behind. (h/t TFTC – Trump’s Economic Reset Strategy with Mel Mattison) ⸻ 6. Matt Hougan: ETF Year Two Will Be a Tidal Wave Hougan is stunned by how little attention the financial press is paying to ETF inflows. He says most advisory platforms still haven’t approved Bitcoin allocations—yet the Bitwise ETF is already gaining traction. Year two and three, he says, are where generational capital shifts happen. (h/t Coin Stories – Matt Hougan) ⸻ 7. Bitcoin Veterans: From Combat to Consensus U.S. military veterans shared personal stories of how Bitcoin gave their service new meaning. One veteran said, “I fought for freedom abroad. Now I fight for financial freedom at home.” They’re building nodes, mining, and onboarding fellow vets—not for profit, but for principle. (h/t Bitcoin Park – Open House 24: The Bitcoin Veterans) ⸻ 8. Jesse Michels: Bitcoin and the Cosmic Red Pill Jesse Michels compared the disbelief in Bitcoin’s potential to the skepticism around UAPs. Both challenge mainstream narratives. He pointed out that embracing Bitcoin means confronting the illusion of control in our current systems—financial, governmental, even existential. (h/t TFTC – Jesse Michels on UAPs and Bitcoin) ⸻ 9. Craig Raw & Steve Lee: Bitcoin in the Real World From Nairobi to San José, Bitcoin is being used as spendable money. Steve Lee highlighted how community Bitcoin centers are empowering local populations. Craig Raw explained how tools like Sparrow Wallet enable secure, sovereign use—especially where trust in institutions is low. (h/t Citadel Dispatch – Craig Raw & Steve Lee) ⸻ Stay humble. Stack Sats. Pura Vida. March 28, 2025 Bitcoin Block Height: 889,886 Current Bitcoin Price: $84,000 Satoshis per U.S. Dollar: 1,190

Bitcoin Alpha: Weekly Review A deep dive into the most important Bitcoin insights from discussions in the 11th week of 2025. ⸻ 1. Samson Mow: The Nation-State Domino Is Already Falling Samson Mow isn’t talking hypotheticals anymore—he’s seeing real conversations with governments, especially in Asia. He says nation-states are treating Bitcoin as a strategic reserve. El Salvador was first, but geopolitical FOMO is brewing. Legal tender moves are already being modeled behind closed doors. (h/t The Bitcoin Podcast – Samson Mow) ⸻ 2. Quantum & AI in Mining: Science Fiction Becoming Strategy At Bitcoin Park, panelists debated if future mining will be shaped by quantum breakthroughs and AI optimization. Craig Deutsch emphasized that decentralized, AI-augmented mining could be used for dynamic load balancing, while others speculated that post-quantum cryptography will be essential for mining security in the next 20 years. (h/t Bitcoin Park – NEMS25: Reality or Science Fiction) ⸻ 3. Parker Lewis: Bitcoin Will Absorb All Money-Like Assets In a detailed macro breakdown, Parker Lewis explained how Bitcoin competes with savings accounts, bonds, real estate, and gold—not just fiat. He argued that Bitcoin’s path is clear: monetization through global convergence. Even the volatility is part of the process, not a bug. (h/t What Bitcoin Did – Parker Lewis) ⸻ 4. Avik Roy: U.S. Debt Math Is Broken—Bitcoin Is the Lifeboat Roy walked through how entitlement spending, rising interest costs, and shrinking tax bases are creating a sovereign debt doom loop. In his view, Bitcoin offers not only individual protection but a framework for national economic stability. He emphasized bipartisan appeal for Bitcoin’s principles of sound money. (h/t What Bitcoin Did – Avik Roy) ⸻ 5. Mel Mattison: The Trump Doctrine Could Include Bitcoin Mel argued that economic and political elites are quietly preparing for a post-dollar world. He believes a second Trump administration would be open to integrating Bitcoin into a new Bretton Woods-style monetary reset. Mattison also warned that ignoring Bitcoin now could leave the U.S. behind. (h/t TFTC – Trump’s Economic Reset Strategy with Mel Mattison) ⸻ 6. Matt Hougan: ETF Year Two Will Be a Tidal Wave Hougan is stunned by how little attention the financial press is paying to ETF inflows. He says most advisory platforms still haven’t approved Bitcoin allocations—yet the Bitwise ETF is already gaining traction. Year two and three, he says, are where generational capital shifts happen. (h/t Coin Stories – Matt Hougan) ⸻ 7. Bitcoin Veterans: From Combat to Consensus U.S. military veterans shared personal stories of how Bitcoin gave their service new meaning. One veteran said, “I fought for freedom abroad. Now I fight for financial freedom at home.” They’re building nodes, mining, and onboarding fellow vets—not for profit, but for principle. (h/t Bitcoin Park – Open House 24: The Bitcoin Veterans) ⸻ 8. Jesse Michels: Bitcoin and the Cosmic Red Pill Jesse Michels compared the disbelief in Bitcoin’s potential to the skepticism around UAPs. Both challenge mainstream narratives. He pointed out that embracing Bitcoin means confronting the illusion of control in our current systems—financial, governmental, even existential. (h/t TFTC – Jesse Michels on UAPs and Bitcoin) ⸻ 9. Craig Raw & Steve Lee: Bitcoin in the Real World From Nairobi to San José, Bitcoin is being used as spendable money. Steve Lee highlighted how community Bitcoin centers are empowering local populations. Craig Raw explained how tools like Sparrow Wallet enable secure, sovereign use—especially where trust in institutions is low. (h/t Citadel Dispatch – Craig Raw & Steve Lee) ⸻ Stay humble. Stack Sats. Pura Vida. March 28, 2025 Bitcoin Block Height: 889,886 Current Bitcoin Price: $84,000 Satoshis per U.S. Dollar: 1,190

Bitcoin Alpha: Weekly Review A deep dive into the most important Bitcoin insights from discussions in the 11th week of 2025. ⸻ 🚨 The U.S. Strategic Reserve Isn’t Priced In The government isn’t buying Bitcoin—yet. Instead, they’re keeping seized BTC instead of selling it. That’s a massive shift. (h/t Coin Stories - News Block) Treasury Secretary Scott Bessent & Howard Lutnick are exploring how to stack Bitcoin without spending taxpayer money. Ideas on the table: • Revaluing U.S. gold reserves • Selling government assets (yes, even cheese 🧀) • Mining BTC with wasted energy • Using a $40B government slush fund This is real—just not priced in. ⸻ 👀 The Altcoin Bloodbath Is Coming • Bitcoin gets its own strategic reserve ✅ • Altcoins get a “digital asset stockpile” ❌ • BTC won’t be sold—altcoins can be. The White House has officially separated Bitcoin from the rest. Bitcoin is the asset nations will hold. Altcoins are for liquidation. (h/t Coin Stories - News Block) ⸻ 💰 $1M Bitcoin Is Coming Faster Than You Think Jesse Myers (Croesus) lays it out: • Bitcoin’s adoption is still absurdly low—only 0.2% of the world owns a meaningful amount. • You are still front-running 99.8% of the world. • Government & institutional adoption was always inevitable. The price suppression, ETF games, and government posturing are all part of the pre-game. If you think BTC is expensive now, wait until the real demand kicks in. (h/t The Bitcoin Podcast - Jesse Myers) ⸻ 📉 Why the Market Is Dumping (and Why It Doesn’t Matter) Jack Mallers says people who think Bitcoin trades on government announcements are clueless. • Bitcoin is NOT a hedge—it’s the solution. • BTC is a put option on the entire fiat system. • The market is tanking because liquidity is drying up—on purpose. The U.S. needs cheaper money to refinance $10T in debt this year. The fastest way to get it? Let the market crash until the Fed folds. (h/t Money Matters - Jack Mallers) ⸻ 🏛️ The Fed Is Losing Control—Jeff Snider Breaks It Down • The Fed doesn’t control the economy. • The Fed doesn’t even control money. • Central banks are “wacky superstitions” propped up by media & politicians. The global economy never recovered from COVID—we’ve just been riding a fake growth narrative based on inflation illusions. (h/t What Bitcoin Did - Jeff Snider) ⸻ ⛏️ Mining’s Future: Decentralization & Heat Recycling Bitcoin mining is shifting from large industrial farms to individual homes & small networks. • Miners are integrating with home heating & energy grids. • Every house could have a miner. It’s the ultimate defense against centralized control. • Mining will fundamentally change the power industry. (h/t Bitcoin Park - NEMS25 Mining Panels) Meanwhile, public Bitcoin miners are struggling to justify their existence. • ETFs & MicroStrategy provide cleaner exposure. • Most miners have destroyed more capital than they’ve created. • Sats per share is the new metric that actually matters. CleanSpark & Cathedra Bitcoin are taking radically different approaches—some stacking Bitcoin, others just using mining as cash flow. (h/t Bitcoin Park - NEMS25 Public Market Bitcoin) ⸻ 🔬 Can Quantum Computers Break Bitcoin? Hunter Beast explains: • The risk isn’t imminent, but it’s coming. • Quantum computers could eventually break private keys from public addresses. • The fix? A soft fork with quantum-resistant cryptography. This isn’t FUD—it’s preparation. Bitcoin has evolved before. It will again. (h/t What Bitcoin Did - Hunter Beast) ⸻ 🔥 TL;DR: The Game is Changing • The U.S. is moving toward a Bitcoin standard—but quietly. • Altcoins are about to get dumped. • Liquidity is tightening—intentionally—to force rate cuts. • Bitcoin’s future is decentralized mining, sovereign adoption & quantum resistance. • You’re still early. Stay humble. Stack Sats. Pura Vida.

@walker you had a guest recommend science fiction books last year. Who was it and do you recall what they recommended? Thanks for constantly shipping great content! 🙏🏼

@miljan I got charged the wrong amount for Premium. $89.98 … Could you help please?

Why is #bitcoin higher market #volatility so scary, what would you respond to “ there is no discretionary investment where we would be willing to accept higher market volatility on to gain higher investment returns” ? Prior to that I shared sharpe ratios where owning BTC improved the risk profile.