"Bitcoin OGs, NOT MINERS, are the real BTC price setters."
This insight from @npub1hxwm...40pf suggests Bitcoin OGs have been dictating BTC price since 2024:
"Bitcoin price went up because of demand from ETFs and the Trump election, which triggered a supply cascade from OGs after hitting that psychological achievement of $100,000."
Rochard said that there's a clear supply and demand imbalance which was typically dictated by miners in the first 3 Bitcoin halvings.
"If we just go back to economics 101, we've always talked about the mining getting halved, right? So then the supply is getting halved. The reality is that if you look at the marketplace, the exchanges, the volumes, they far surpass the quantity of Bitcoin getting mined," Rochard said.
Check out the full conversation from Ep.1 of The Lumen Podcast on YouTube 👇
Gareth Jenkinson
npub1ddl5...tltz
Managing Editor at Cointelegraph. Lover of Bitcoin, beer, gaming and rugby 🍻
"We either adopt Bitcoin or we embrace chaos."
Episode 1 of The Lumen Podcast with @npub1hxwm...40pf is an absolute banger.
"Bitcoin is going to $1M, $10M, $100M, $1T." 🤯
"The US government is run by Bitcoiners." 🏦
"Bitcoin is Epstein-proof." ⚡️
"People said @npub15dql...lm5m is going to choke and sell all the Bitcoin. When Bitcoin goes up, $MSTR is going to rip."
The full episode drops later today. ❤️ & 🔁
Subscribe to the YouTube channel - youtube.com/@thelumenpodcast
After years of planning, I am launching a Bitcoin-focused interview show.
The Lumen Podcast ☀️
It's a great pleasure to start this journey with Ep. 1 feat. @npub1hxwm...40pf
Please subscribe to the YouTube channel,❤️& 🔁
https://youtube.com/@thelumenpodcast?si=1FYrjnYtpFqX31u1
Brian Armstrong deserves an award for evangelising Bitcoin at WEF in Davos.
France’s central bank governor said he trusts central banks more than “private issuers of Bitcoin”
Armstrong hit back immediately: “Bitcoin is a decentralized protocol, there’s actually no issuer of it.”
So, does @npub15dql...lm5m consider Bitcoin to be money 🤔
It’s a question I put to @npub1gdu7...6nak when we caught up earlier today.
According to the author of The Bitcoin Standard, which has orange pilled millions of people, Saylor sees Bitcoin as a unique, hard asset.
“One of the metaphors he uses is that it is like crude oil, in that it is a hard asset. And just like Standard Oil once refined crude oil into refined products like kerosene and gasoline, he sees Strategy’s role as.refining ‘crude Bitcoin’ into financial assets that people can use”.
This is a fascinating anecdote of Saylor’s Bitcoin thesis.
But Saifedean also reminds us that despite what Saylor might think about Bitcoin, it’s still money and will only become more valuable as long as the fiat money printer exists.
Ever wondered how @npub1gdu7...6nak discovered Bitcoin?
His famous book, The Bitcoin Standard, has orange-pilled millions. I’ve always wanted to ask Saif about his history with and impact on Bitcoin.
We sat down for a wide ranging chat at Bitcoin Amsterdam.
This is the backstory behind his Bitcoin journey AND a TL;DR of his newest book - The Gold Standard.
So, why is Elon Musk finally talking about Bitcoin's intrinsic connection to physics and energy?
As @npub13lky...lpsy eloquently explains, Elon has firsthand experience trying to stop excess government spending with DOGE.
"He's run that experiment and he knows that it is not possible to rein in government spending when you have access to infinite money printing."
The answer?
"You have to have something that decouples money from the ability to infinitely print money. Because of his background in physics, he's clearly gone well, energy, that's not something you can print into existence. That's a fundamentally better way to create sound money. So gradually he's coming towards a conclusion that Bitcoin is it."
Batten believes Elon is inevitably edging towards the truth.
"Not because he's not incredibly smart, but just slowly because he hasn't had much of his cognitive bandwidth on this."
“Zcash is a shitcoin.”
Another absolute banger from my interview with @npub1gdu7...6nak.
We had a long chat about privacy as a characteristic of money.
For Saif, money that holds or accrues value overtime is far more important than money that preserves privacy.
"This is the question. How much demand is there for money that does not get debased versus how much demand is there for money that allows you to maintain your privacy?"
I’ll be dropping the full interview soon!
So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots with the arrival of Bitcoin ETFs and Treasury companies?
I asked @saifedean this very question at Bitcoin Amsterdam.
His answer might surprise you 👀👇
"If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time,” Ammous said.
"To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that.”
"If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money."
I’ll be dropping the full interview right here on Nostr. Please 🧡&🔂
Excited to drop my full interview with @npub1gdu7...6nak this week!
We had a fantastic conversation at Bitcoin Amsterdam, here’s the TL;DR 👇
🪙Truth about Bitcoin Treasuries
🔏Is Bitcoin losing its cypherpunk roots?
🥊Bitcoin vs Zcash ("Zcash is a 💩coin")
💸Hyperbitcoinization may take 15-20 years to achieve.
Like, repost and follow - full video drops soon 👌
This made me so bullish on Bitcoin.
I’ve earned ~9000 sats posting content on @npub12vkc...pugg this year.
I just used that Bitcoin to pay for coffee at Bitcoin Amsterdam.
Earn sats creating content, then let the Bitcoin flow with Lightning ⚡️
@npub1lr2z...dl6a did I do this right 😏
Did you know that Trevor invented seed phrases that over 300 million wallets use today?
"The seed phrase, the wallet backup, the way you write down those 12, 20, 24 words, was actually invented by Trezor, the original founders. That is BIP39."
This was an absolute gem of an insight from Trezor CEO Matej Zak on our latest Chain Reaction show.
Bitcoin as money vs Bitcoin as a store of value.
Jesse Myers (Croesus) from The Smarter Web Co breaks down WHY Bitcoin can be all these things at once:
🕊️Feedom money for the sovereign individual.
🪙 Unrivalled store of value for institutions and companies.
"Why would I spend my Bitcoin? It's your one chance to save generational wealth." ❌
You'll often hear that from Bitcoiners in the Western world.
But in 🇿🇦, we have a different relationship with money.
"When you do start spending Bitcoin, you buy more Bitcoin so you can spend it as well, then you end up saving more as well. So you actually end up in a better position," says Carl van Wyk from @npub1y0fv...m5py.
It's even more powerful in Bitcoin circular economies, as Hermann Vivier from @npub1zkr0...k6ec explains.
"What we're trying to do is to get Bitcoin to flow within the local community. It's not about how many merchants you onboard. It's about what happens to the sats that you spend," Vivier explains.
"It's not about going out and onboarding shops. It's about onboarding one shop and then playing detective and finding out what they are doing with the sats that they are receiving."
"You want to try and circulate the sats in the local community. You don't want those sats to leave the local community as far as possible. And with the effect being that when people are spending sats in our local circular economy, the value stays within the community."
This was one of my favourite Bitcoin-focused #CHAINREACTION shows to date.
You can find the full video on X.
“Bitcoin doesn’t need you, YOU need Bitcoin” - @npub1cn4t...3vle
At the individual level 👨💼
At the family level 🧑🧑🧒🧒
At the corporate level 💼
At the country level 🌍
I’ll be posting our fantastic conversation from Bitcoin Las Vegas this week
⚡️& 🔁
Bitcoin neon sign has arrived.
About to level up the home studio!
Brady the cat approves 🐱


Why are so many Bitcoiners skeptical about Bitcoin Treasury Companies 🤔
🤯 Hard to understand financial engineering
💹 Share shilling tied to BTC
Bitcoin OG @npub1hxwm...40pf unpacks the core reasons and also explains Nakamoto PIPE unlock situation
Full 📺 in the comments 👇
I’m to be heading to Bitcoin 2025 in Las Vegas next week.
I’ll be talking about the media’s role in covering the Bitcoin industry and the challenges therein.
It’s not easy to report accurately on Bitcoin news. The space has become incredibly complex.
But I also believe journalists that have been writing about Bitcoin for years are becoming more important than ever.
You need only look at FT’s recent documentary on Saylor and Strategy to understand that legacy media do not understand what Bitcoin is and how it works and also have a vested interest in defending the status quo of the legacy financial system.
Let’s change that narrative. Bitcoin is sound money. Let’s get people saving and spending sats and show that Bitcoin is useful beyond measure.


Last week Senator @npub15xqg...9rv7 confirmed that US states will likely adopt Bitcoin reserves before the federal government.
This was one of the big takeaways from Bitcoin Investor Week in NYC.
Lummis said that more time is needed to educate key policy makers before her Bitcoin Act can gain enough support.
Last week I was in NYC to cover Bitcoin Investor Week - which featured some big name investors and US politicians putting their weight behind Bitcoin.
“The rise of the Bitcoin Standard will see companies, institutions and nations look to BTC for fiscal discipline.”
Vivek Ramaswamy gives great perspective on why the fundamentals of Bitcoin will see it become a tool to address global debt issues.