Bitcoin is down 50% from its ATH and everyone’s asking me if I’m worried. I’m not. I’m buying.

When the money supply gets inflated, the people with the fewest assets absorb the most damage. The single mother with $3,000 in a savings account loses more of her real purchasing power than the fund manager with $3 million in equities. Inflation is regressive, and bitcoin is

People treat "the government will just ban it" like it's a checkmate. China tried. Multiple times. The most powerful surveillance state on earth couldn't stop peer-to-peer value transfer between consenting individuals. If China couldn't ban it, the argument is over.

Running a node costs less than a Netflix subscription. You download the software, sync the chain, and become a fully sovereign participant in the Bitcoin network, verifying your own transactions, holding your own copy of the ledger, trusting no one. Most people don't do it. But the fact that anyone can is what makes the whole thing work.

The sat is going to be the unit of account. Not BTC, sats. 100 million of them per coin. You'll buy coffee in sats the same way you buy things in cents today. And the people laughing at that right now are the same people who thought internet shopping was a phase.

Gold has been "sound money" for thousands of years and governments STILL found a way to confiscate it, ban its ownership, and eventually abandon the standard entirely. That's not a knock on gold specifically but rather a knock on any asset that requires physical custody and can be seized by force. Self custody fixes this.

My opsec is weak today. Wish my luck crossing the border by ordering this 100% heavy cotton sweater for $69

Banks charge you fees to hold your own money, lend your deposits out at 8x leverage, pay you 0.4% interest on the balance they're profiting from, and then run ads about how much they care about your financial future. The audacity is genuinely something else 😭

“Bitcoin is just for bad traders” is a new one I heard 💀

Every company sitting on a pile of cash is holding a massive liability. And within 5-10 years, cash reserves on a balance sheet will look the same way leaving money in a savings account looks today, obviously wrong in hindsight. Holding bitcoin on the balance sheet WILL become the new norm.

There are millions of coins sitting in bitcoin wallets from 2009 untouched, and if quantum computing ever gets close enough to crack those keys, those coins will move. The entire network will see it before it becomes a systemic problem, and the protocol will respond. That's your signal. Satoshi's coins are the canary in the quantum coal mine.

Our unpopular opinion is that opsec is generally not that important 😭 @halstonvalencia: “you’re more at risk wearing a luxury purse”

Your bank told you self-custody is too hard and too risky. Think about why they'd say that. They need your bitcoin sitting in their system because the moment you take self-custody seriously, they lose. The "difficulty" of self-custody just feels like an organic marketing campaign funded by the people who profit when you stay confused. Buy bitcoin. Put it in cold storage.

The biggest threat to bitcoin isn't governments, it isn't banks, and it isn't even quantum computing. It's the community eating itself alive. Maximalists fighting over things that don't matter, infighting on Twitter, gatekeeping, purity tests, all while the most significant monetary shift in human history is playing out. The banks are buying. The institutions are buying. The governments are buying. And we're arguing with each other?? That's the Achilles heel. Get your eyes back on the mission.

Block laid off almost half of their employees today. AI is not going to take everyone’s jobs, but yes, it will be incredibly important for you to adapt.

Sound money produces long term thinking. Long term thinking produces strong families. Strong families produce stable communities. Stable communities produce accountable institutions. Inflating the money supply brings shorter time horizons. And shorter time horizons destroy everything downstream.

My kids will be the first generation to grow up knowing what sound money feels like. Bitcoin in self custody will allow them to never have to own a bank account. This is what I build for.

A lot of people stop going to church because they’ve had poor experiences. Here’s what I’ll say on that:

Not your keys, not your coins.

Bitcoin is a bearer asset. You should custody it.