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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 1 month ago
There's a two-month-old video you've never seen that explains how the war with Iran really started. Everyone is blaming sudden geopolitical tension. That's not what happened. The legacy financial system fired the first shots months ago. They just didn't use missiles. They used the fiat system. The Weaponization of the Dollar In the clip, Bessent is asked about the administration's "maximum pressure strategy" on Iran. His answer is one of the most honest things a Treasury Secretary has ever said out loud and almost no one was paying attention. He proudly describes how the US Treasury intentionally "created a dollar shortage in the country." Not as a side effect. As the strategy. The goal was deliberate economic destabilization. According to Bessent, it worked. By December, one of Iran's largest banks had collapsed. A bank run followed. And then came the inevitable fiat reaction; the one that plays out in every broken monetary system, in every country, in every era: "the central bank had to print money." The Treasury engineered a hyperinflationary death spiral. The Iranian rial went into free fall. Inflation exploded. Citizens poured into the streets as their purchasing power evaporated in real time. Meanwhile, Iranian leadership was quietly wiring their own wealth out of the country. The rats, as Bessent put it, were leaving the ship. He said this proudly. In a public hearing. Two months ago. The Part Nobody Planned For Washington thought they had won. Break the currency, break the regime. Force compliance through financial suffocation. They were wrong. They didn't break Iran. They taught Iran a lesson. When you use a centralized fiat currency as a weapon of war, you show the rest of the world exactly what the system really is. Not neutral infrastructure. Not a global commons. A weapon with an owner. And right now, that owner is Washington. The US didn't just break the Iranian rial. They cracked the foundational promise of the Petrodollar: that dollar-denominated systems are safe to depend on. That illusion is gone. And the blowback is sitting in the Strait of Hormuz. What's Actually Happening at the Strait The blockade may be stopped (or at least changed hands) but Oil is still spiking. Tankers aren't moving. And Iran wasn't asking for US dollars to let them pass. They were demanding Bitcoin. Think about why. Two months ago, the US Treasury demonstrated to every nation on earth that any wealth held inside the legacy banking system can be switched off. Accounts frozen. Currency destroyed. Purchasing power erased. Not through military force. Through a spreadsheet. Bitcoin cannot be sanctioned. It cannot be seized through correspondent banking. It cannot be printed into irrelevance by a central bank under political pressure. It is the only monetary asset on earth that is as neutral as mathematics and as physical as the energy required to produce it. Iran figured this out the hard way. They're not alone in noticing. The Honest Takeaway The current conflict didn't start with a provocation or a miscalculation. It started the moment a government decided that money was a weapon. Mises would have seen this coming. When the state controls money, money becomes a tool of power. And tools of power get used. Always. The only question is when and against whom. Bitcoin exists precisely because this was always going to happen. Not as a prediction. As a design requirement. Sound money isn't just a financial preference. It's a precondition for a world that isn't constantly on the edge of e conomic warfare.
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bitcoinwell 1 month ago
The petrodollar was built on one premise: you need dollars to buy oil. Iran is currently controlling the Strait of Hormuz, 20% of global oil supply, and charging a $1/barrel transit toll. They're not accepting dollars. They're demanding Bitcoin. A sovereign state is bypassing SWIFT, bypassing sanctions, and bypassing the Fed entirely. They assess the cargo, issue the toll, and give vessels seconds to pay in BTC. Wall Street is still debating CPI prints and rate cuts. They're completely missing the signal: a nation-state just repriced access to the world's most critical energy chokepoint in absolute scarcity. The country the US cut off from SWIFT in 2012 spent a decade building Bitcoin infrastructure. The sanctions didn't break Iran. They accelerated Bitcoin adoption. You can't print more Bitcoin to get your tankers through the strait. You can't sanction a math equation. You can't freeze the wallet that collected the toll. The petrodollar was born in 1974 when Kissinger tied oil to the dollar. It may be dying in 2026 in the Strait of Hormuz, settled in seconds on a timechain nobody owns. image
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bitcoinwell 1 month ago
Tokenizing anything is a scam. Blockchains can't enforce ownership for anything that exists outside of that blockchain. Few.
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bitcoinwell 1 month ago
"No kings" is the wrong frame. Because the people protesting still want their person in power. King, Prime minister or President. Just all different ways to sell you on your own slavery. How about "No slavery"? #bitcoin
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bitcoinwell 1 month ago
AI uses energy to generate infinite content. Bitcoin uses energy to generate absolute scarcity. In a world flooded with deepfakes and fiat, verifiable truth is the most valuable commodity on earth. Value the truth.
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bitcoinwell 1 month ago
In 1776, Americans declared independence from tyranny. Today, true independence means separating Money from State. You can't be politically free if your money is controlled by a central authority. #Bitcoin is the new declaration of financial independence. 🇺🇸🔐 #Freedom
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bitcoinwell 1 month ago
A telecom startup is using BIP39 seed phrases to secure phone numbers. Same standard as Bitcoin wallets. Bitcoin's cryptographic standards are quietly becoming infrastructure for things that have nothing to do with money. @CapeCellular image
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bitcoinwell 1 month ago
History just happened. Roxom launched the first Oil-BTC perpetual futures. For the first time, you can trade the world’s most important commodity without a single U.S. Dollar involved. The "Petrodollar" has a competitor. 🛢️⚡️ #Bitcoin #Macro image
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bitcoinwell 1 month ago
Cecil Rhodes and early globalists dreamt of a society controlled by a wealthy elite, using central banks and foundations to penetrate the social fabric. For 100 years, the fiat system funded this. #Bitcoin defunds the elite and returns power to you. 🌍
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bitcoinwell 1 month ago
Fiat money requires violence to survive. In 1953, the US and UK overthrew the government of Iran. Why? Because Iran wanted to nationalize its own oil. The legacy financial system could not allow a sovereign nation to control the energy that the Western banking cartel relied on. They installed a dictator to protect their economic interests, setting the stage for 70 years of geopolitical chaos. The fiat standard requires endless intervention to secure the energy that gives the currency its value. Bitcoin is the first global asset that does not require a military to enforce its ledger. Defund the empire.
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bitcoinwell 1 month ago
Everyone wants institutional adoption until they realize institutions don't run nodes, don't verify transactions, and hold paper claims on an asset built to eliminate paper claims. 🤔
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bitcoinwell 2 months ago
Every country that bans Bitcoin eventually unbans it.
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bitcoinwell 2 months ago
32,000 BTC just moved to cold wallets in a single day. People aren't selling. They're removing the option to sell.
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bitcoinwell 2 months ago
Bitcoin is the only financial asset that gets stronger the more people try to kill it. Like a bone that rebuilds denser after every fracture.
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bitcoinwell 2 months ago
What if the real supply shock isn't mining rewards halving... What if the people who bought below $10K just stopped selling. Permanently.
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bitcoinwell 2 months ago
The best thing for Bitcoin right now is three more months of boring. This much compression at $70K doesn't resolve quietly.
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bitcoinwell 2 months ago
Keep wondering what happens when the first generation that grew up with Bitcoin starts inheriting money from the generation that didn't...
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bitcoinwell 2 months ago
The Simple Way to Tell If You Actually Own Your Bitcoin
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bitcoinwell 2 months ago
Paraguay's government just signed a deal to mine Bitcoin using state-owned hydroelectric power. Nation-state mining is here. Countries are competing for hash rate the way they used to compete for gold reserves. image