When banks make currency abundant its value is destroyed. When Ai makes everything spectacular, amazement is destroyed.

Money is the operating system of a society. When money is broken society suffers: Mortgages extend from 25 to 30, then 40 years. Housing costs 20% of a salary, then 30% and then 40%. Retirement age goes from 60, to 65, then 67. One income supports a family, then two are needed, then two plus a side hustle. People start families in their 20s, then 30s and then 40s. People can afford three children, then two then one (or maybe none.) Keeping up with inflation requires a 2% return, then 5%, then at least 7% annually. The current financial system is designed to steal people’s savings and time. Bitcoin is the inverse of this system.

Today we started fixing up the old barn. Don’t tell the county; they’ll probably say we need to get a permit.

Bitcoin helps human rights globally.

Change - like when the telegraph and railroads showed up, when electricity lit up cities. Everyone is anxious. Everyone is living online in their own version of reality. Meanwhile I just stick to what I know and hope our community doesn’t become an Instagram backdrop.

Saying that bitcoin is ‘crypto’ is like saying a Saturn V rocket is a mode of transportation.

Most people still think the financial system is broken. It’s not. It works exactly as designed: - Debase your money. - Trap you in debt. - Tax your time. - Keep you distracted… …Bitcoin isn’t an investment. It’s an exit.

“I’m glad we got rid of our Amazon Alexa.”

Strongly believe our parents are the last humans who will ever retire. They know it. You know it. And it's because the math is fundamentally broken. Life expectancy up. Birth rates down. Pension funds gambling on 8% returns while bonds pay 2%. Every government running the same Ponzi hoping they're not in charge when the music stops. But also, and here's where it gets darker, we don't want retirement anymore. IMO when people say "I want to retire early" I think what they really mean is that they want optionality. The "dream" isn't to stop working at 65 it's to stop taking orders at 35. So when Bitcoiners say "Bitcoin is my retirement plan" I don't think they really mean a literal retirement plan because retirement isn't a thing anymore. It's an escape velocity plan. You don't need enough to never work. You need enough to never need to work. The 401k is a museum piece. The pension is a fairy tale. We're all going to work until we die OR build something that works while we sleep. - Fernando Nikolic

Our society has been bled dry in part by a financial system that is designed to steal wealth from the middle class while benefiting those with assets. This system creates wealth inequality. But today there is an exit from this system that’s available to anyone.

Another perfek Mendocino morning.

₿

July 27, 2024: BTC $67K Milk $3.98/gallon = 5,940 sats per gallon Oct 10, 2025: BTC $117K Milk $4.17/gallon 3,564 sats per gallon In less than 15 months: The Dollar price of milk went UP ~4.77% The bitcoin price of milk went DOWN ~40%

₿

Pavel Durev Telegram Founder: I’m turning 41, but I don’t feel like celebrating. Our generation is running out of time to save the free Internet built for us by our fathers. What was once the promise of the free exchange of information is being turned into the ultimate tool of control. Once-free countries are introducing dystopian measures such as digital IDs (UK), online age checks (Australia), and mass scanning of private messages (EU). Germany is persecuting anyone who dares to criticize officials on the Internet. The UK is imprisoning thousands for their tweets. France is criminally investigating tech leaders who defend freedom and privacy. A dark, dystopian world is approaching fast — while we’re asleep. Our generation risks going down in history as the last one that had freedoms — and allowed them to be taken away. We’ve been fed a lie. We’ve been made to believe that the greatest fight of our generation is to destroy everything our forefathers left us: tradition, privacy, sovereignty, the free market, and free speech. By betraying the legacy of our ancestors, we’ve set ourselves on a path toward self-destruction — moral, intellectual, economic, and ultimately biological. So no, I’m not going to celebrate today. I’m running out of time. WE are running out of time.

Square payments processing now integrates bitcoin.

Heading back to the ranch.