The original purpose of Bitcoin was simple: peer-to-peer transactions and separation of money from the state. Sixteen years in, the Bitcoiners who believed in that purpose the most either joined early or stacked hard under that narrative. These are now the biggest capital allocators in the ecosystem—and they remain committed to a Bitcoin-only future. Their top priority isn’t tokenization or bridging to legacy systems. It’s growing peer-to-peer infrastructure, the medium of exchange use case, and keeping Bitcoin on Bitcoin rails. You can see this clearly on platforms like NOSTR, where the most evangelical Bitcoin users are building and coordinating. Jack's top post yesterday? P2P growth. Not stablecoins. Not tokenization. Trying to push Bitcoin Maxis outside a Bitcoin-only ecosystem misses the point entirely. They joined because they wanted to get off traditional rails. They already spend with Bitcoin-only companies. They already get loans in USD or Tether from Strike, LEDN, or Unchained. They even built their own open-source comms infrastructure. Stablecoins are fine. Banks will adopt them. And yes, Washington's Bitcoin bills are increasingly tied to stablecoin growth. But let’s be honest: Bitcoiners don’t need them. They’ve opted out—and trying to market those products to them is like selling pork at a vegan festival. If you're working on tokenization or stablecoin products, more power to you—but pitch them to a different customer base. Because Bitcoiners, the people sitting on the most capital, are building their own future—and it’s Bitcoin-only by design.

None topped the one that we already had

Bitcoiners are the new capital allocators. We’re living in a brand new world—nothing will ever be the same again. What made sense before was just habit: the consistent, daily reinforcement that Keynesian dollars could get you things. More fiat meant more stuff. But those assumptions were built on sand. Now, with perfect money, capital allocation among Bitcoiners follows a different logic. It’s grounded in real economics—Austrian economics—with a focus on hurdle rates, opportunity cost, and long-term value. Just like Bitcoiners found each other by following reason to its conclusion, their investment choices often arrive at similar endpoints. But there’s a twist: perfect money creates a paradox. When your money appreciates exponentially for doing nothing, it becomes harder to justify spending or investing it at all. That’s the challenge: if Bitcoiners don’t actively defend the medium of exchange property, they risk losing the very status that made them the capital allocators in the first place. Before Bitcoin can become the default medium of exchange, it has to reach critical mass. But its strength—unparalleled appreciation—makes spending it feel irrational in the short term. The opportunity cost is too high. That disincentivizes everyday usage, which stalls progress toward mass adoption. Bitcoiners face a choice: delay spending and preserve gains—or spend with purpose to build the future. That’s why Bitcoin capital allocation has to expand beyond ROI. The hurdle rates vary: some investments are about returns, others about aesthetics, ecosystem growth, or purpose. Using Bitcoin as a medium of exchange doesn’t make short-term ROI sense. But it’s a long-term, purpose-driven decision. The real return? Staying in control of capital allocation. Cementing Bitcoin’s role as not just a store of value, but a currency in motion. Until that happens, fiat still wins by default—easy to earn, easy to spend. So let’s show the world what Bitcoiners can do. Back the people, brands, and companies willing to build on Bitcoin. Prove that Bitcoiners don’t just spend—they allocate with conviction. We can mint new brands overnight simply by choosing where we spend. That’s how we stay the capital allocators. And right now, there is no higher ROI than securing Bitcoin’s place as the medium of exchange through a thriving circular economy.

So I'm supposed to believe that the USA and more companies than ever are buying Bitcoin, but this Bull Market has peaked? Nah. That's for suckers.

The Bitcoiner customer niche is more powerful than you think and this is just the beginning.

We're awarding 100k sats for a new Soak Quest logo (v2) Soak Quest is on a mission to build the circular economy of Bitcoin through NOSTR. If your logo is accepted, the zaps are yours 🫡

What do you think of when you hear "Soak Quest"?

Experimenting with ChatGPT for logo creation. Has anyone else messed with this? Results are Mid so far.