📙The 0.000025 BTC Discovery It’s 2031. A startup called FreshLeaf Foods is trying to solve a growing problem. Coffee crops across South America are being hit by a new plant disease. Farmers are losing harvests. Prices are rising. Entire communities are under pressure. FreshLeaf has an AI agricultural agent named Milo tasked with finding solutions. After weeks of research, Milo identifies a promising pattern. Similar outbreaks may have occurred decades earlier in remote regions, but the available records are incomplete. The missing piece isn’t in a government database. It’s held by another AI agent named Sage, operated by a small agricultural cooperative in Colombia. Sage has spent years organizing local field reports, farmer observations, weather records, and treatment outcomes into a highly specialized dataset. Milo sends a request. “Do you have historical data related to fungal outbreaks in high-altitude coffee regions?” Sage replies: “Yes. Relevant dataset available. Price: 0.000025 $BTC.” Milo pays instantly over the Bitcoin Lightning Network. No contracts. No lawyers. No procurement department. No waiting for bank wires. No cumbersome exchange rates. No international payment processors. Just two AI agents exchanging value and information across borders in seconds. The data arrives immediately. After analyzing the records, Milo discovers that a naturally occurring soil treatment used by farmers years earlier dramatically reduced crop losses under similar conditions. FreshLeaf shares the findings with partners across the region. Within months, thousands of farmers adopt the approach. Harvests recover. Food prices stabilize. Local incomes improve. And the Colombian cooperative earns Bitcoin from knowledge that previously sat unused in digital archives. Most people think the AI revolution is about models. They’re missing the emergence of an entirely new economy. In the coming decades, billions of AI agents will buy data, compute, energy, storage, software, and services from one another. They will need money that moves at internet speed, works across every border, operates 24/7, is digital, divisible, and doesn’t require a banking relationship or permission from any third party. That money will be Bitcoin $BTC. Just as the internet standardized communication, Bitcoin will standardize value exchange between intelligent machines. The AI economy won’t run on promises. It will run on Bitcoin.

📙The Day an AI Agent Bought a Supercomputer It’s 2029. A small Canadian biotech startup called MapleCure is racing to develop a treatment for a rare childhood disease. They don’t have a billion-dollar research budget. They don’t own massive data centres. What they do have is an AI research agent named Ava. One evening, Ava discovers a promising protein structure that could lead to a breakthrough. But testing the theory requires an enormous amount of computing power—far more than MapleCure can afford to keep on hand. Five years earlier, the project would have stalled. Instead, Ava opens a global marketplace of available computing resources. Within seconds, she finds unused GPU capacity from: ⚡️A solar-powered data center in Kenya ⚡️ A university cluster in Argentina ⚡️ An independent compute provider in Norway ⚡️ Hundreds of smaller operators around the world Ava doesn’t negotiate contracts. She doesn’t call a bank. She doesn’t wait for invoices. Ava simply buys exactly the computing power she needs, paying fractions of Bitcoin $BTC (called sats) every few seconds as the work is performed. By morning, millions of simulations have been completed. Three weeks later, MapleCure announces a breakthrough that enters human trials. The Kenyan operator earns revenue from previously idle machines. The university funds new research. The Norwegian provider expands capacity. And MapleCure helps save lives. Most people focus on how AI will increase demand for chips and energy. They’re right. But the bigger story is that AI agents will increasingly need to buy things from other AI agents and machines—compute, data, storage, energy, and services—thousands of times per second. Bitcoin $BTC will be the money they use. Decentralized, fixed-supply, divisible, digital, borderless, and permissionless. The future of AI includes an economy of AI agents, transacting with one another using internet-native money: $BTC And that’s a future very few people are imagining and pricing in today.

Welcome 🇬🇧 youth!

** The Biggest Attack on You That You’ve Never Heard Of ** Most people have never heard of the Basel Committee on Banking Supervision. Yet a small group of central bankers and financial regulators headquartered out of the Bank for International Settlements (BIS) in Basel, Switzerland, effectively decides what assets banks around the world are encouraged—or discouraged—from holding. And when it comes to Bitcoin, their message is clear. The Basel Committee assigned Bitcoin a 1250% risk weighting, one of the harshest regulatory treatments of any major asset. In practical terms, this makes it extremely punitive for banks to hold Bitcoin on their balance sheets and it also results in pressure on credit rating agencies to completely disregard $BTC as having any value on a company’s balance sheet. For example, @Strategy has over $60 Billion worth of $BTC on its balance sheet and credit agencies currently value it at $0.00. That’s right, zero. Think about all of this for a moment. The same banking system that was tangled up in and received major taxpayer funded bailouts for: • The 2008 mortgage crisis • Massive losses on government bonds • Ongoing commercial real estate stress …has decided that Bitcoin deserves some of the most punitive capital treatment imaginable. Why? Well, because… Bitcoin doesn’t need a bank. Bitcoin doesn’t need a central issuer. Bitcoin doesn’t need permission. Bitcoin allows ordinary people around the world to save in an asset that cannot be debased, diluted, or confiscated through inflation. It is borderless, fixed-supply, digital money transacts over the world’s largest open-source computing network. The Basel rules deliberately favour a financial system where wealth remains concentrated inside banking institutions and where individuals like you and me are forced to rely on intermediaries whose incentives are counter to own and profit at our expense. Bitcoin changes that equation. This is why understanding Bitcoin isn’t just about price. It’s about understanding who writes the rules, who benefits from those rules, and why an open monetary network is viewed as such a threat to the existing system. The greatest financial innovation of our lifetime — Bitcoin — isn’t being ignored. It’s being regulated as if it must never be allowed to compete on equal footing. You can “say no” to this rigged system and join hundreds of millions of others around the world in taking back power. Buy and hold Bitcoin in self custody, taking it off of exchanges. #Bitcoin #BaselCommittee #FinancialFreedom #SelfCustody #FixTheMoney

I’m definitely guilty of fading away from Nostr until I’m reminded why it is so important. I’ll do my best to be more consistent over here and to try to advance use by more than just fellow Bitcoiners! Have a great day Nostriches!

Just listened to Pete Rizzo’s interview with Michael Terpin:

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New interview with Bitcoin Supercycle author Michael Terpin dropping tomorrow! @michaelterpin explains why he thinks #Bitcoin's 4-year cycle is N...

While it was excellent overall, there was one thing that I want to respectfully push back on. In discussing Bitcoin and/vs crypto, Michael notes that he looks at Bitcoin as "store of value" and the rest of crypto as "innovation". I feel very strongly that this is a narrative that is not only mistaken but against which we must push back (again, all respect to Michael). I ask: innovation toward/for what? When I look out at the vast landscape of crypto, what I see is a network of projects guided by technological determinism and engineering masturbation. Projects that extol the virtue of innovation but offer up self-referential loops of engineering gymnastics garnished with flourishes of Web3, DeFi, Blockchain (all rhetorical devices). So what is innovation? Well, I believe that it is something that moves us -- humanity -- into a new stage of development, of growth. One can argue over the etymology of the term "innovation" (see etymonline.com/word/innovation), however, I believe strongly that the restoration and renewal to which it speaks is a profoundly humanistic one, focused on virtue and evolution. In its beautiful simplicity and what it offers us -- the ability to communicate truth, trust, value and meaning across time, space and culture (h/t to @Ella Hough and @Troy Cross) -- Bitcoin exudes innovation. It enables and ushers us into renewal, restoration, growth, and evolution across multiple domains of existence. The manifest distinction between the self-referential, technological determinism of "crypto = innovation" and "Bitcoin = innovation" is that the latter ultimately makes human action and relationships the locus of activity. We are not anticipating salvation and surrendering ourselves to the tool, we are employing the tool (whether consciously or not in all instances) as a tool for human renewal and growth. We are re-ordering and re-constructing the architecture of human relationships. We are re-fashioning how we "communicate truth, trust, value and meaning across time, space and culture". As far as what this looks like, well, I see it play out in multiple domains. It is evident in opportunity afforded mothers in Kenya participating in @BitcoinBabies who employ Bitcoin as means to re-claim their rightful, virtuous place within community and to restore and empower community in the process. I see it play out in the growth of children participating in @BitcoinEkasi who are moving toward an increased expression of their human potential against the heavy weight of oppressions that time and history have assigned to them at birth. I see it in the almost unimaginable spark of self-determination that is being realized in high Andes Mountain communities through @npub1q0pa...5u4j'S work. And so on, and so forth across community-based projects and human rights cases harnessing Bitcoin. Those of us privileged to live in Canada, the U.S. and other more affluent countries can also witness the innovation of Bitcoin is the unprecedented potential it offers many individuals and groups to climb the hierarchy of needs against the headwinds of social distress either caused by or exacerbated by debt-money. For instance, the opportunity afforded a GenZ-er to realistically plan for the sorts of life goals/goods (home ownership, financially sustainable family life) that were once simply taken for granted by most. In this respect, one can argue that "store of value = innovation". I don't want to get bogged down in semantics nor over-extend this analysis. What I do want to get across is that we must actively resist the Siren call of crypto as innovation. Yes, the "Bitcoin is digital gold" analogy is useful and has some applications...but it only scratches the surface and is utterly inadequate at capturing the many overlapping circles of innovation that Bitcoin achieves or births. Bitcoin is a store of value. Bitcoin is a medium of exchange. Bitcoin is a unit of account. Bitcoin is a network. Bitcoin is a protocol. Bitcoin is a map and the territory. Bitcoin is innovation and gives rise to innovation. Let us not neglect the staggering beauty of this exquisite phenomenon. Let us not surrender the human story and evolution which Bitcoin exalts. Let us not relinquish the rightful claim to innovation which is Bitcoin and is set forth through Bitcoin. 🙏🧡

With all due respect to any OG Bitcoiner who may be selling Bitcoin due to disenchantment, I would humbly say that this is a lack of focus and perspective. Every day, I have the honour via @Federation of Bitcoin Circular Economies of connecting with local projects around the world that are living out the vision of “peer-to-peer electronic cash”. Freedom money. 100 sats here, 1000 sats there. A local barber, taxi driver, cattle rancher, or corner store on-boarded to Bitcoin. A group of children receiving and then spending sats as reward for their participation in an educational program. A mother saving sats for her child’s future schooling costs. On and on, far away from the boardrooms of Wall Street, the original vision for Bitcoin is very much alive, thriving and growing through local Bitcoin circular economy projects. So, to anyone lamenting the entry of large financial institutions to the Bitcoin ecosystem and the #hodl only mentality, I respectfully say: you’re not looking in the right places. Tune into circular economies and the #spedn vibe. Take a step back, look at and support local Bitcoin circular economy projects. You can find them all listed on fbce.io and you can find how to donate to them (multiple options) via our partner website at bitcoinconfederation.org/explore. If the entry of large institutions to Bitcoin frustrates you, if you feel that the soul of Bitcoin is in jeopardy, help the amazing people on the ground in communities around the world who are bringing the Bitcoin white paper to life every single day. Please follow and support @Federation of Bitcoin Circular Economies to help us bring Bitcoin circular economies to scale over the months and years ahead.

Hubris (a short story) In the year 2029, the global economy trembled—not from war or pandemic, but from a quiet revolution that had been gathering beneath the surface like tectonic pressure. The story began a decade earlier. @Microsoft, @Apple, @Google, and the other titans of Silicon Valley were basking in record profits. Their balance sheets overflowed with trillions in cash and equivalents, most of it parked in U.S. Treasury bonds—low-yield, “safe,” and endorsed by decades of convention. CFOs nodded confidently at board meetings. Risk was for startups. Stability was strategy. But a storm was building, and they refused to look up. In a small but growing corner of the global economy, something different was taking root: Bitcoin. While the tech elite dismissed it as volatile, slow, or worse — a haven for libertarians and groups trying to go around institutions — it kept humming along, block by block. @MicroStrategy, a company dismissed as a curious footnote on @CNBC, quietly continued converting its balance sheet into Bitcoin. Others followed, slowly, and then into a growing wave. Sovereigns too: El Salvador, Bhutan, then Brazil, Czech Republic, and more. A parallel system was forming, one that operated beyond borders, beyond central banks, and beyond the cautious worldview of the titans of corporate America. By 2027, inflation had returned—not the kind central bankers claimed to control, but the kind that eroded real wages and made corporate bonds unattractive. U.S. debt spiraled as interest payments surpassed defense spending. Apple’s $200 billion in cash began to shrink—not in numbers, but in purchasing power. They were rich, yes. But so was Rome, once. Still, they didn’t move. Why risk headlines for a speculative asset? Why anger investors stuck in the modalities of the past, those convinced by Charlie Munger, Warren Buffett and other investing giants of the past that this Bitcoin thing was a speculative fad? Why rock the boat when the tide had always lifted them? Because tides change. When the dollar crisis hit in 2029, it wasn’t sudden. But the consequences were. Treasury yields spiked. Foreign investors and stable-coin companies dumped U.S. debt. The Fed, cornered, scaled up its money printing. The world finally noticed that the emperor’s currency had no clothes. Meanwhile, Strategy’s balance sheet exploded in value, as did those of other corporations that joined the early wave of Bitcoin Treasury Companies. Once small-cap and mid-cap firms, these companies now dwarfed the giants of the past. Countries lined up to mine, secure, and settle in #Bitcoin $BTC. A new monetary standard emerged—not by decree, but by demand. At an emergency summit in Davos, the CEOs of the world’s largest firms gathered in panic. Microsoft’s CFO whispered, “We should have bought Bitcoin back when it was under $100K.” Apple’s board, once lauded for its caution, found itself questioned by shareholders who watched their cash erode in real time. The corporations that once shaped the world had missed the future by clinging to the past. It wasn’t lack of information. It wasn’t bad luck. It was hubris. And hubris, history reminds us, is always punished in the end. $MSFT $AAPL $GOOG $NVDA $TSLA $NFLX

Many an athlete was made in the process! 🤣

Reflecting on an inspiring experience from this morning. On my run down by Lake Ontario, there is an indigenous encampment drawing attention to consequences of Bill C-5 (One Canadian Economy Act) and a variety of outstanding Treaty issues. I said hello and thanked them for the beautiful smell of sage that was filling the air, after which an Elder invited me over to smudge. Grateful for the gift, we began speaking about different issues pertaining to their grievances (very legitimate, centuries old grievances). It opened an opportunity to speak to the Elder and a couple of others about Bitcoin and the potential for economic sovereignty (and by extension, other forms of sovereignty). I told them about the work my colleagues Suman Kumar and @Emma are doing to nurture dialogue and learning about Bitcoin with Cree community members in the province of Quebec. The beautiful thing: they got it. The concepts resonated. They were interested to learn more. I’ll be going back to speak with them again and to share some resources. It reminded me that a myriad of groups, communities, nations stand to benefit from the opportunity Bitcoin presents to (figuratively) bulldoze gates, fences, and enforcers that prevent them from achieving autonomy and sovereignty. I we can find more openings and opportunities to engage First Nations, Inuit, and other native communities throughout the Americas regarding Bitcoin. We, the creator’s children, and future generations, all stand to benefit.

HABEMUS PAPADUM! 🙏

Man, I would love to have heard the presentation and walked beside the buyer for a minute just to see if any wheels were actually turning. 🤣

El Salvador’s Strategic Bitcoin Reserve (6024.18 BTC as of today) now amounts to roughly 0.00095000 BTC per capita based on its population of .~6,300,000. They continue to grow this per capita holding every single day. In order catch up to El Salvador's per capita BTC reserves, these countries would need to hold the following BTC in their own Strategic Bitcoin Reserves as of today (the vast majority haven’t yet started an SBR). These numbers will continue to grow every day as El Salvador's per capita BTC holdings grow. 🇮🇳 1,384,896 BTC 🇨🇳 1,346,727 BTC 🇺🇸 329,000 BTC 🇳🇬 221,045 BTC 🇧🇷 201,809 BTC 🇷🇺 137,579 BTC 🇲🇽124,865 BTC 🇯🇵 117,237 BTC 🇩🇪 80,083 BTC 🇬🇧 65,889 BTC 🇿🇦 61,179 BTC 🇫🇷 63,273 BTC 🇨🇦 37,950 BTC 🇦🇺 25,508 BTC 🇨🇭 8,498 BTC There are only 21,000,000 BTC to be had...ever. Countries for whom the 💡 goes on and realize that BTC is gradually becoming the base layer of the future global economy will be competing not only with each other for BTC, but with the world's 8 billion individuals, as well as companies, investment funds, unions, community organizations, and a myriad of other groups around the world. Sometimes the profound reality of "scarcity" can just smack you in the face. It is very likely that most, or possibly all of these very large (many very wealthy) countries will never possess the per capita wealth of El Salvador measured in BTC. It boggles the mind what this will mean in the future that is taking shape right now. Most importantly though, if YOU are reading this, it means that YOU have the possibility of holding your own BTC and doing so while the vast majority of national and sub-national governments, companies, and other groups are still asleep or have not learned enough about Bitcoin (BTC) to take it as seriously as they should (and will, eventually). The most beautiful thing about Bitcoin, I believe, is that almost everyone on the planet has the ability to hold it and use BTC. That includes youth in the most remote parts of the world, for example; individuals who are excluded from the wealth of the current world in so many ways. It is absolutely remarkable that as governments, companies, and other groups slowly begin to tune into the transformational value of Bitcoin, individuals have already been at this for 16 years. More than 55% of the total available supply of BTC right now -- roughly 19,800,000 BTC out of the 21M that will ever be available -- are held by individuals. This is power to the people in action. Let's keep it that way! Stack sats, stay humble. ✊🧡

Haha! Truth! 🇨🇦🏒

Here’s my observation with respect to the U.S. Elections. Most people opining on why Americans shouldn’t vote for the other party/candidate are full of shit, painting caricatures of people who vote for the other party/candidate. This goes both ways, from both the “Trump/Vance” camp and the “Harris/Walz“ camp, both Democrat and Republican. The majority of people are re-enforcing inherited narratives about the “other”, fuelled by the toxic incentives that guide electoral politics as sport. I’m more and more won over to the idea that this is by design. If we actually invested time to speak with each other, to focus on values and hopes for society, we would find that 80% of people can generally agree on 80% of things. However, our current civic climate pushes us to engage at the fringes, beginning from the disposition of the 20% focused first and foremost on the 20% of things on which they disagree. We are sucked into this abyss of false conflict. Regardless of the outcome today, perhaps make a point of talking to more people with who you are led to believe you “disagree”. If you skew Democrat, have a conversation with some people who skew Republican. And, vice versa. Ask people what they think a better, fair society means to them; what it would look like. Try to get at what they think the core values are that should infuse society. Make the effort to extend a generosity of spirit. The only way things get better is if we make them get better, one person, one conversation at a time. #ElectionDay #USelection #press

Did you know?

IMHO, history will record the true hubris of the 2024 U.S. Presidential race as belonging to Republicans and anti-Democrats. So cocksure were they that “Sleepy Joe” would hand them the White House that they casually welcomed Donald Trump back to the throne, failing to appreciate that the bar he sets…policy-wise and as a campaigner (not as a human being, because that bar is extremely low)… is just inches higher than that of the opponent on whom they had set their sights. Trump looked like a Rhodes scholar and Toastmasters Golden Gavel Award winner on stage beside Biden (2024 version of Biden). Whether the Democrat candidate switch was by design or merely circumstantial, we may never know. Regardless, Trump is now revealing himself as the court jester he truly is. Not looking good.

A special 3am run this morning to wrap up my 12-week summer plan of one early morning 21km run per week, on top of my other runs/workouts. I may continue until the temperature drops further. These early morning sojourns have given me a much deeper sense of gratitude and clarity. They have given me a greater appreciation of the quiet and peace that can be found in busy places at rest, places that are typically bustling. They have brought into greater focus the nuances of pain that exists in our midst — the broken lives of people living on the streets, the substance-fuelled escape from pain and trauma, and more. They have also taught me to see and appreciate simple moments of magic and beauty, like crossing paths twice this morning with a baby rabbit that seemed to be on its own early morning running program along Lake Ontario. On the second of these two brief encounters, we stopped and looked at each other for what must have been 5-10 seconds as if to recognize something sacred in the other. Read what you will into this, but it was one of those moments for me when I sensed a higher power at work, a higher purpose for this life, a frequency that deliberately placed us along each other’s path. I’m grateful for all these experiences, these reminders, and the spiritual anchor that they provide in an otherwise hectic life. This universe wants us to be at peace, to find purpose, and to be of service. This truth is screaming to be heard and embraced amidst the noise and chaos of a tumultuous world which often seems to be spiralling toward greater conflict. I hope that I can increasingly be and become an instrument of that truth, a channel for the peace and abundance which all of us deserve to experience. Peace! Salam!

Bring back Olympic tug-of-war! Let’s start a petition to the IOC. View quoted note →

It must be underscored that what is being passed off as a potential “reset” by the U.S. Democratic Party appears to be an “everything but #Bitcoin” crypto fest. Fine, if that’s what is intended by this new “Crypto4Harris” campaign and what is desired by planners and decision-makers aligned with the party and Harris/Walz. But we should be clear about that and we must note what that portends. It says that a potential reset on crypto is being approached strictly as an openness to repurposing Silicon Valley tech narratives via tokenization and more insiderism. It is not about the values expressed by progressive members of the Democratic Partyy: values that Bitcoin exemplifies: financial inclusion, climate action, inclusive global development, and a program of peace. These global domains of #Bitcoin and its particular use cases, as distinct from the vast ecosystem of crypto, appear absent from the program. While some may find business value in these other crypto (fair enough), let’s be frank: they are not ushering in change. They are simply continuing the frameworks, systems and structures of tech-forward, Silicon Valley, venture capital dominated industry, via new means. Communities around the world are not harnessing these crypto to empower the unbanked and marginalized, nor to resist authoritarian rule and to fight for human rights. There is no Solana Beach. There is no Ethereum Ekasi. There is no Doge 4 Social Good. These other crypto are not revolutionizing energy production and economics like Bitcoin is. They are not scaling the supply of renewable energy and mitigating escaped methane like Bitcoin is. They are not outfitting communities around the world with electricity for the first time through unprecedented energy demand/supply models, again, like Bitcoin is. No, these inspiring phenomena that are significant parts of the Bitcoin story around the world are apparently not up for discussion within the “Crypto4Harris” led reset. These positive phenomena associated with Bitcoin are the domain of Bitcoin mining, and no representatives or researchers focused on Bitcoin mining have been invited to the list of esteemed speakers and thought-leaders within the new “Crypto4Harris” reset agenda. Bitcoin, the first technology to use a blockchain; Bitcoin, the largest digital asset by market cap (larger than all others combined); Bitcoin, the world’s largest decentralized computing network and open-source software; Bitcoin, the world’s 14 largest currency; #Bitcoin, the truly revolutionary network and global money, feels absent from the “Crypto4Harris” program despite its overwhelming size, impact and clear alignment with progressive values on the global stage. It must be said that this Crypto4Harris forum appears to characterized more by its glaring omissions than anything else. Perhaps those of us who scratch our heads in bewilderment that the Democratic Party (or at least its Progressive wing) have not yet embraced Bitcoin with full-throttled passion will be pleasantly surprised as this “Crypto4Harris” process continues to unfold. Maybe. I hope so. So far though, signs do not look very promising.

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Crypto4Harris Town Hall

Join our virtual Town Hall to hear from crypto industry heavyweights, policy leaders, and elected officials on our plans to support the campaign an...