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Bitcoin Well
bitcoinwell@btcw.app
npub19mf4...kfu2
Bitcoin Well is on a mission to enable independence. We do this by making it easy to use bitcoin in self-custody. Whether you’re looking to buy, sell or use bitcoin, we never hold on to your bitcoin. Bitcoin Well is automatic self-custody.
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bitcoinwell 3 months ago
image This week, Thai authorities launched a crackdown on “mule accounts” linked to scams and fraud. 3 million accounts frozen, new transfer limits imposed on all users and funds suspended for up to 7 days Bank accounts are not your money. They’re promises, controlled by institutions and subject to policy decisions If you think this is just a Thailand problem… think again. 🇨🇦 Canada’s convoy freeze 🇳🇬 Nigeria’s withdrawal limits 🇱🇧 Lebanon’s capital controls You don’t own what you can’t access. It’s one reason why many are starting to reconsider the role of self-custody in their financial lives. Bitcoin in self custody fixes this ⚡️
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bitcoinwell 3 months ago
image In 2017, Bulgaria seized 213,519 bitcoin A few months later, they sold it. Today, that stash would be worth over $22 billion For context: Bulgaria’s entire national debt is around $24 billion. Let that sink in. They had, in their possession a debt-free future and they let it go before most understood what bitcoin even was. This isn’t a criticism of Bulgaria, back then most governments, institutions, and investors viewed bitcoin as a gamble But stories like this highlight the cost of short-term thinking Bitcoin punishes those who treat it like a trade, and rewards those who understand its principles and adopt a low time preference Bitcoin rewards patience!
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bitcoinwell 3 months ago
image Over 50 companies hold 1,000+ bitcoin on their balance sheets, worth over $100 million at today's price And yet… Most financial advisors still dismiss bitcoin without reading the whitepaper
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bitcoinwell 3 months ago
image If you’ve ever run a business, you know how expensive it is to get paid Payment processors like Visa, Mastercard, and Stripe take a cut of every transaction. That cost gets passed on to consumers, squeezed out of merchants, and baked into every product you buy 2-4% fees plus flat charges per transaction is insane! The Lightning Network is a "layer 2" payment protocol built on top of Bitcoin. Transaction fees are extremely low, often a fraction of a cent and are settled instantly Study Bitcoin, study the Lightning Network
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bitcoinwell 3 months ago
image We're proud to support the next wave of financial leadership in Bitcoin ⚡ This October, we're sponsoring the Bitcoin Financial Services Summit, a gathering of forward-thinking professionals shaping how wealth is managed, secured, and moved in a Bitcoin-native world. Our very own Chantel Lillycrop-Kostiuk , VP of Operations, will join a panel of industry experts to highlight the full lifecycle of bitcoin in financial services and how professionals can guide clients every step of the way. She’ll be joined by Reilly Combs, Executive Bitcoin Advisor, bringing even more insight from the frontlines of Bitcoin adoption. Let’s build the future of finance and enable independence with Bitcoin at the core!
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bitcoinwell 3 months ago
image What does the Nigerian Naira, Argentine Peso, South Korean Won and the Chilean Peso have in common? One satoshi is now worth more than a unit of their national currency, let that sink in! This a reminder of how fast fiat currencies can lose purchasing power and how steadily bitcoin has strengthened over time! If your unit of account can be overtaken by a fraction of a bitcoin… what exactly are you saving in?
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bitcoinwell 3 months ago
image The first standardized gold coins began circulation at around 550 BC in the Lydian empire. Coins incurred minimal design changes until Sir Isaac Newton reimagined sovereign currency using science and philosophy For over 2000 years before Newton, precious metal coins incurred theft known as coin clipping A thief takes a pair of clippers and clips the edges of a few dozen coins The clippings can then be melted down to form new coins Eventually, most of the coins became clipped, their value diminished and their function in trade lessened It’s a challenge to find an ancient coin without evidence of clipping Newton discovered an elegant solution: the coin ridge Instead of trusting in the value of the coin received, anyone could now verify that the coin was legitimate and untampered with because a clip on a ridged coin would be very noticeable Mints around the world began implementing Newton’s design Newton essentially invented an instant and zero cost tool for validating the legitimacy of currency used in peer to peer transactions. And we see this design philosophy also present in bitcoin! Bitcoin recipients need a way to validate transactions at low cost Instead of a few dozen ridges encircling a coin, bitcoiners have tens of thousands of nodes continuously monitoring the legitimacy of every transaction and minting of new bitcoin In many ways, Sir Isaac Newton is the great godfather of bitcoin He was the first person to use logic, math and philosophy to reapproach sovereign currency, leading to England’s gold standard’s development, eventually leading to a global gold standard Although he isn’t referenced in The Bitcoin White Paper, we thank Newton because his invention of low cost currency security measures and the gold standard helped lay the foundation and inspiration for the bitcoin standard that we are all working towards
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bitcoinwell 3 months ago
image 1 bitcoin = 100,000,000 sats But here’s the kicker: the protocol doesn’t even recognize “bitcoin” as a unit, it tracks balances entirely in sats! There is no such thing as “a bitcoin” in the protocol. It’s all satoshis, the smallest unit of measurement in the Bitcoin network This matters, especially for people still thinking of Bitcoin as a stock or price-per-coin asset You’re gaining access to a distributed, mathematically enforced ledger, one that keeps track of exactly how many sats you can verify and control. Under the hood, there are 2.1 quadrillion sats, When you shift from “I can’t afford a whole bitcoin” to “I can secure x sats” everything changes!
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bitcoinwell 3 months ago
image Here’s what average 2-bedroom rents looked like in Q1 2019 vs. Q1 2025: Vancouver: $2,490 → $3,170 (+27%) Toronto: $2,560 → $2,690 (+5%) Ottawa (Ontario part): $1,710 → $2,490 (+46%) Calgary: $1,360 → $1,920 (+41%) Montréal: $1,130 → $1,930 (+71%) Ottawa (Quebec part): $980 → $1,680 (+71%) Over 6 years, salaries haven’t doubled, but living costs in Canadian cities have risen sharply.
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bitcoinwell 3 months ago
image M2 supply just hit an ATH and every time the supply expands, your purchasing power contracts. Over $21.8 trillion! The largest U.S. dollar supply ever If money can be created infinitely, its ability to store value becomes finite.
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bitcoinwell 3 months ago
image Satoshi’s coins have never moved, this is why it matters! The person (or people) who created the most powerful financial innovation in modern history, mined over a million bitcoin… and then just disappeared. No exit, cash-out, no victory lap on mainstream media Roughly 1 million bitcoin, worth tens of billions have sat still since 2009 with no signs of movement and no attempts to sell In a world addicted to profit-taking and instant gratification, Satoshi’s restraint is almost unfathomable And it tells us something powerful: This was never about getting rich. It was about building something bigger! Imagine creating something so valuable, the kind of wealth that could put you on top of the Forbes list overnight and then… walking away. Because in order for Bitcoin to work it couldn’t have a founder, it couldn’t have a leader, it couldn’t have someone to bribe, to pressure or to subpoena. It had to stand on its own. Just code, consensus, and community. Now think about the difference: Ethereum’s founder? Public figure, active, central to decision-making Solana, Cardano, XRP? All have leaders, dev teams, legal battles, foundations and premine There is no second best!
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bitcoinwell 3 months ago
Debasement of money = Deterioration of families At first glance, these may seem unrelated. But the more you study history, the more you realize: When money breaks, everything downstream starts to unravel. Before fiat currencies untethered from gold in the 20th century, it was common for a single income to support a family. One working parent, one stable home and a slower, more connected life. Today? Two working parents are often barely getting by This isn’t just inflation, it’s monetary debasement!
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bitcoinwell 3 months ago
image Canada eliminated the penny in 2013 It disappeared not because we stopped needing money, but because fiat money stopped holding value at that scale. The cost to produce a penny was more than its purchasing power This is what inflation does, it makes your smallest units irrelevant… and then comes for the rest. It’s not just about rising prices it’s about the slow dismantling of the measuring unit. Australia also phased out the 2 cent coin in 1992. Nickels are next, then dimes and eventually dollars. While fiat currencies eliminate small units due to inflation, Bitcoin needs smaller units 1 bitcoin = 100,000,000 sats 1 sat = 1,000 msats There can never be more than 21,000,000 bitcoin You don’t inflate the supply, you subdivide it! Don't wait for your money to collapse to understand what went wrong. Learn from the past. Opt out, choose bitcoin
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bitcoinwell 3 months ago
image 1 bitcoin = 100,000,000 sats 1 sat = 1,000 msats There can never be more than 21,000,000 bitcoin You don’t inflate the supply, you subdivide it
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bitcoinwell 3 months ago
image Bitcoin is divisible down to 100 million satoshis per coin Every bitcoin contains 100,000,000 satoshis (sats), and you can send or receive a fraction of a bitcoin in seconds Gold is hard to divide without losing value. Try shaving off $5 worth of gold dust to buy a coffee Divisibility sounds like a technical detail. But it’s what makes bitcoin accessible in a way no traditional asset can match. It is what makes it different from gold, better than fiat, and perfectly suited for the way value flows today
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bitcoinwell 3 months ago
image UK core inflation just dropped to 3.6%. That’s the lowest it’s been in over two years! For most people, that headline might sound like good news. But here’s the catch: "Lower inflation" doesn’t mean prices are falling, it just means they’re rising more slowly than before
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bitcoinwell 3 months ago
image Your iPhone is cheaper than ever if you measure in Bitcoin. Central banks keep expanding the money supply. Prices in dollars keep rising. But measured in Bitcoin? The story flips. That $5 latte that cost $3 five years ago? In Bitcoin terms, it's actually cheaper. The same is true for major assets: Tesla Model S in 2017: 20 BTC → today: 0.8 BTC Median U.S. home in 2020: 20 BTC → today: 4 BTC iPhone 6 in 2015: 2.67 BTC → iPhone 15 Pro today: 0.01 BTC This isn't a gimmick, it's sound money in action. Where fiat currency loses purchasing power with every cycle of monetary expansion, Bitcoin's fixed supply of 21 million coins provides a stable reference point. It allows us to see the true cost of goods and services, independent of central bank policy. The implications are clear: measuring wealth in dollars guarantees erosion. Measuring in Bitcoin reveals preservation and in many cases, growth of purchasing power over time. As adoption continues, Bitcoin is transitioning from speculative asset to global store of value. For those managing capital across generations, this isn't just about diversification. It's about moving from a system designed to dilute your wealth to one designed to protect it.
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bitcoinwell 3 months ago
Today the Fed is expected to cut rates by 25bps. This raises a fundamental question: Why should a handful of bureaucrats decide the price of money for 330 million Americans? The Case for Market-Determined Rates In a free market, interest rates emerge from millions of voluntary decisions by savers, borrowers, and entrepreneurs acting on rational self-interest. This natural price discovery reflects real supply and demand for capital, not government decree. The Fed's approach embodies central planning hubris: 12 people believing they can outsmart collective market wisdom. While they only directly control short-term rates, their manipulation ripples throughout the economy, distorting investment decisions, creating boom-bust cycles, and punishing savers. The Philosophical Problem Every Fed meeting exercises force against peaceful market participants. True voluntary exchange means people freely choosing interest rates, not having them imposed by unelected officials who face no market consequences for errors. Government's proper role is protecting individual rights from force and fraud, not controlling voluntary transactions between consenting parties. A Sound Money Solution The answer isn't better central bankers, it's eliminating central banking altogether. Bitcoin represents decentralized, algorithmic money free from political manipulation. No Fed meetings, no rate cuts, no monetary authoritarianism. Market forces, not bureaucratic force, should determine the price of money. It's time to separate money and state.
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bitcoinwell 3 months ago
image We’re already 1/3 of the way through this halving cycle, we’re over 70,000 blocks in. Bitcoin’s monetary policy isn’t controlled by a central bank, it’s written in code! Every 210,000 blocks, the new supply of bitcoin drops in half. The block reward has been 3.125 bitcoin and after block 1,050,000 the block reward will be 1.5625