Have you seen the recent Financial Times film about Saylor and Strategy? I would cautiously describe it as a neutral piece.. We know that legacy (financial) media has been criticizing Bitcoin ever since. In my perception, it has improved slightly, perhaps due to the bull market phenomenon. This includes the FT. Still, they admit that they have no idea about Bitcoin (Cudos!) and think that it has no obvious use case and is therefore an inherently speculative bet. They don't understand the scarcity aspect of Bitcoin. They cannot see why Bitcoin won't forever "go up" in fiat terms. Unless they can separate Bitcoin from "crypto," I have little hope that they will realize the key innovations brought forth with Bitcoin. They will surely come around at some point, as some individual commentators already have. As for MSTR, they still describe it as a meme stock. I'm not sure one can fully understand Saylor's financial engineering without having a solid understanding of Bitcoin. Time will tell how MSTR and its other financial products will hold up during upcoming bear markets, and it remains to be seen how other companies will implement this playbook. This is where I see the risk arising. Bandwagoners jumping on something they don't understand or cannot make work. The FT would be best advised to finally study Bitcoin in depth. Can't wait for them to announce their Bitcoin Strategy.

Why are there180 different currencies in the world?

Gotta love the compliance team! For a workshop on a regulatory regime and the client's existing internal status quo, they bring a spreadsheet that, if printed on paper, would span the length and width of the conference room where the workshop is being held. Wish I could share this spreadsheet here for your amusement.

share this with your favorite “Bitcoin is too volatile” skeptic cc @Nik Bhatia

How is MSTR investing top Bitcoin news? @Bitcoin Magazine 🧐

Banks and other financial institutions will have a BCM - a Bitcoin Capital Markets - team

Absolutely fascinating day in German markets. Full tilt nose dive around 10am after news broke that the first vote of new chancellor Friedrich Merz did not go according to expectations. Ouch.

Part of my lovely fiat consulting job is attending industry (digital asset and banking) conferences. Nowhere near as energizing and high signal as bitcoin conferences, and fellow maxis would say a total waste of time, but still an opportunity to talk to clients and other attendees about the future of money. I am always fascinated by people's lack of knowledge about bitcoin, even though they call themselves "thought leaders" or "digital asset experts" or even "blockchain experts". These people (mostly bankers and fintech bros) are obsessed with tokenization, stable coins, and the digital euro. It's a challenge to discuss use cases and solutions to problems, and have them see bitcoin as that use case or solution. There is a lot of educational work to be done here. One can only do so much, and I honestly believe that those who are not willing to learn will eventually be forced to, as we know very well.

Nobody checks a bank's credit rating when opening an account anymore. And why is that? You don't have to worry about a bank failing because your deposits are insured. That doesn't exist with bitcoin.

GM