Anthony Fauci pleaded the Fifth Amendment 111 times this week, even with a pardon already covering everything he could say. The same week, the 30-year Treasury yield hit its highest level since 2007. Hurley connects what got hidden about the money to the virus.

JASON HUGHES: "Mining is still quite centralized. That is one of the biggest risks to Bitcoin as a whole is the mining centralization." "We should never have that dynamic where the censorship resistance aspect of Bitcoin is threatened by just a couple of entities. It should never even be possible for a state actor or a handful of people to have that kind of control." "The closest you can be to the network is to mine your own blocks, self-custody your own Bitcoin and that's the way it should be with a fully decentralized network. And there's not enough of that still." @OCEAN

An Atlanta man returns from vacation. Customs pulls him aside over a protest group, demands his phone, no warrant. He gives them his passcode, a GrapheneOS duress PIN, and the phone wipes itself. He now faces 5 years for how his phone was designed.

MICHAEL SAYLOR: "Bitcoin's core design is set in stone. Protocol changes should be rare, conservative, driven by necessity, not ambition. Don't fix what isn't broken." Sophi points to a live fight inside Bitcoin about how much it should even change.

LAWRENCE LEPARD: "If Bitcoin goes to zero, fine... There's no way I'm abandoning this movement because I believe the movement's more than just about making money. The movement's about fixing the goddamn money, which is really broken and has ruined our world." "If you see something that you know will make the world a better place, it's incumbent upon all of us to try and convince our neighbors. Because this is how good ideas spread." @Lawrence Lepard

NOLAN BAUERLE: "They completely removed accountability from the political system... they put the bureaucracy between the people and the government. The people have to deal with the bureaucracy, which is really what grew from Fiat, not the government."

A top bank says the Clarity Act isn't priced into Bitcoin yet. Japan is pulling the plug on the cheapest money in the world, the money that inflated stocks, AI, and every risk asset alive. Dante traces how Bitcoin's catalyst collided with the trade that built this bull market.

S&P just launched a crypto index. Bitcoin didn't make the cut. Their reason: it doesn't generate revenue. Neither does gold. Neither has the dollar, ever. Hurley cuts through the noise here. Bitcoin isn't failing to qualify as a business, it never tried to be one.

Stay focused on your own path. Bitcoin

Stop giving your Bitcoin to Wall Street. We got into Bitcoin to get away from them.

Bitcoin's max pain theory usually means an 80 to 90% crash. Rustin argues there's another version: Bitcoin repricing so violently upward that ordinary people get priced out entirely. Not because Bitcoin failed. Because trust in everything else failed first.

EFRAT FENIGSON: "We're seeing the creep of what's called Agenda 2030, the United Nations Plan for global control, just creeping in." "The decade of 2020 to 2030 is that transitory phase between the old world order that we know more or less from the time of Bretton Woods after the second world war to the new world order that is now coming into play." @Efrat Fenigson

Jack Mallers stepped down from 21 Capital. Satsuma is liquidating. Adam Back's SPAC just got terminated. Parker Lewis called this outcome years ago: a great way to get less Bitcoin. Rustin argues this isn't bearish, it's the market filtering paper Bitcoin from the real thing.

BRIAN HARRINGTON: "I don't believe that it's fiat minded for Bitcoiners to want to be wealthy and financially secure." "I believe that them being that and their brain believing that about themselves, believing they're in the top 1%... 0.1%, is that energy that is going to take Bitcoin to $1 Million." "I think part of why we are where we are is because people's Bitcoin savings has out gained their mental capacity to act like a wealthy person."

Jack Mallers just stepped down as CEO of Twenty One Capital, Bitcoin's second largest treasury company. Strategy hasn't meaningfully reduced its position through this bear market, while Nakamoto, built on the same model, is down 99 percent and had to sell Bitcoin to survive. Only one version of this trade needs no business model at all.

EFRAT FENIGSON: "Agenda 2030, which I say is basically a totalitarian one world government and it's a plan to control, to have inventory and control over all resources and all areas of lives." "There are 17 sustainable development goals as part of Agenda 2030... There's everything there except for human rights, which is quite funny because you would expect the United Nations to care about human rights. It does not have its own sustainable development goal, but they pretend to care." @Efrat Fenigson

Bitcoin's traded inside the same range for 47 straight days, through Iran headlines, oil at its lowest since 1984, and the biggest buyer flipping to net seller. None of it moved the price. Hurley breaks down why Bitcoin's the one market nobody's obligated to catch when it falls.

₿e a Champion. Bitcoin 🟠

Buy as much Bitcoin as you can. BTC is not gonna be at these prices forever.

Keep stacking sats, anon. Bitcoin 🟠