CHODL

My God! Welcome. Good to see some old friends in my timeline! I'm getting ready to go diving again. This is from my last dive at 100 feet off a wreck. Fellow plebs, you are going to have the greatest life ever. Bitcoin is going to give you back your time

Set a reminder for my upcoming Space! x.com/i/spaces/1aKbd…

CATHIE WOOD NAMED THE CONTRADICTION NOBODY WANTS TO TOUCH. SHE COMPARED ELON MUSK TO THOMAS EDISON. NOT AS PRAISE. AS A PATTERN. WOOD: “I THINK HE’S THE THOMAS EDISON OF OUR AGE... HE WANTS TO DO THE RIGHT THING TO TRANSFORM THE LOT OF MOST OF HUMANITY.” THE MEDIA SEES A RECKLESS BILLIONAIRE SETTING FIRES. WOOD SEES THE ONLY PERSON IN THE ROOM BUILDING ANYTHING AT ALL. THE GAP BETWEEN THOSE TWO READINGS TELLS YOU EVERYTHING ABOUT WHO CONTROLS THE NARRATIVE. START WITH TESLA. WOOD: “TESLA WAS AN ENVIRONMENTAL MOVE... WHICH I THINK A LOT OF PEOPLE ATTACKING HIS CARS... THEY’VE FORGOTTEN.” HE BUILT THE EXACT MACHINE ENVIRONMENTALISTS SPENT THIRTY YEARS BEGGING FOR. HE DIDN’T LOBBY FOR IT. HE DIDN’T WRITE A WHITE PAPER. HE BUILT IT. HE FORCED EVERY MAJOR AUTOMAKER ON EARTH TO ABANDON THE COMBUSTION ENGINE. THEN THE SECOND HE WON... THE SAME MOVEMENT MADE HIM THE ENEMY. BECAUSE THE ESTABLISHMENT NEVER WANTED THE PROBLEM SOLVED. THEY WANTED THE PROBLEM FUNDED. AND THOSE ARE TWO VERY DIFFERENT THINGS. A SOLVED PROBLEM KILLS THE COMMITTEE. KILLS THE NONPROFIT. KILLS THE CAREERS BUILT ON MANAGING THE CRISIS INSTEAD OF ENDING IT. MUSK ENDED IT. AND THEY HAVE NEVER FORGIVEN HIM. SPACEX LOOKS LIKE AN ESCAPE HATCH IF YOU NEVER READ PAST THE HEADLINE. WHICH IS EXACTLY WHAT THE PRESS COUNTS ON. WOOD: “WHAT WE LEARN ABOUT MATERIAL SCIENCE AND TECHNOLOGIES... IS GOING TO HELP US HERE ON EARTH AS WELL.” MARS WAS NEVER THE EXIT. IT IS THE LAB. BUILD UNDER CONDITIONS SO BRUTAL THAT EVERY BREAKTHROUGH CHANGES WHAT IS POSSIBLE BACK HOME. YOU LEARN TO KEEP A HUMAN ALIVE IN A FROZEN, IRRADIATED VACUUM. FIXING AN ENERGY GRID ON A TEMPERATE PLANET BECOMES ARITHMETIC. HE IS NOT RUNNING FROM THE CRADLE. HE IS STRESS-TESTING THE TECHNOLOGY THAT PRESERVES IT. BUT THAT STORY DOESN’T SELL ADS. DOESN’T MOVE POLLING NUMBERS. SO THEY BURY IT UNDER HIT PIECES AND CONGRESSIONAL THEATER... AND CALL IT JOURNALISM. MOST PEOPLE WHO REACH HIS LEVEL STOP BUILDING... AND START PROTECTING WHAT THEY HAVE. THEY BUY SENATORS. THEY BUY NEWSPAPERS. THEY BUY SILENCE. MUSK KEEPS PICKING THE HARDEST UNSOLVED PROBLEMS ON THE PLANET... AND RUNNING STRAIGHT AT THEM. THAT IS WHAT TERRIFIES THE ESTABLISHMENT. NOT THAT HE MIGHT FAIL. THAT HE MIGHT SUCCEED WITHOUT THEM. WITHOUT THEIR FUNDING. WITHOUT THEIR APPROVAL. WITHOUT ANYTHING THEY CAN HOLD OVER HIS HEAD. A MAN THEY CANNOT BUY... IS A MAN THEY CANNOT CONTROL. SO THEY DO THE ONLY THING THEY HAVE LEFT. THEY SEND THE MEDIA AFTER HIM. EVERY LEGACY OUTLET RUNS THE SAME PLAYBOOK. STRIP THE CONTEXT. CLIP THE QUOTE. FRAME THE MOTIVE. LET THE ALGORITHM DO THE REST. IT HAS WORKED ON EVERY BUILDER BEFORE HIM. IT WILL NOT WORK ON THIS ONE. THEY WILL SPEND THEIR CAREERS TRYING TO TEAR HIM DOWN. HE WILL SPEND HIS BUILDING THE THING THAT SAVES THEM ANYWAY. THE STONES ALWAYS COME FROM INSIDE THE WALLS.

Good evening. The US government has spent $827 billion just on interest on its debt so far in 2026, the second largest spending item and on pace to be over $1.1 trillion for the year. Have a great night.

Let me tell you a story. I take a bow out in the woods every year in pursuit of the mighty elk. I hunt alone. I have a buddy doing the same; we meet up in camp end of the day to have a bourbon and make sure we survived the day and the walk back at night. There be monsters out there, to quote a pirate. Anyway. In Sep of '22 I was following the Power Law, onchain metrics, and @_Checkmatey_ I told him, "We are in DEEP value accumulation for Bitcoin right now. This is the time to step in. Bitcoin is cheap." Guess what he did? Nothing. I am telling you NOW that Bitcoin is in deep value accumulation zone. In ALL its history using the power law Bitcoin has been more expensive 96% of the time. Don't be afraid. Not of monsters, not of cycles, nor the current controversies. Bitcoin is a bargain. Stay focused. NFA. I'm an idiot.

Chris Williamson's brutal wake-up call in 46 seconds: “Adults don't exist.” He runs down the list: - Steve Jobs delayed pancreatic cancer treatment for carrot juice and acupuncture. - Mozart drowned in debt, constantly begging friends for money. - Nietzsche caught syphilis in a brothel and sold only 300 copies of his work in his lifetime. - Martin Luther King had affairs with over 40 women and spent his last night with two of them. - Isaac Newton wasted 30 years on alchemy pseudoscience his heirs hid out of embarrassment. The point lands hard: Don't put any adult on a pedestal. Kill your gurus. The adults aren't going to save you — they don't even exist. Raw, unflinching, and impossible to unhear. Which "hero" or guru did you once idolize… until you learned the messy truth behind them?

Nerd Money is better than fiat money. @brucefenton with his daily Bitcoin rant ✊

Washington’s Budget Strategy: 1. Raise The Debt Ceiling. 2. Keep Spending Like Crazy. 3. Run Massive Deficits. 4. Repeat Steps 1-3. Result: The National Debt Is Up $3.2 Trillion In One Year. To Put This Into Perspective, It Took America 🇺🇸 Over 200yrs To Accumulate The First $1 Trillion In Debt & Now They Are Doing Over $3 Trillion In A Single Year 🤯 THIS IS WHY THEY HAVE TO PRINT ALOT OF FAKE MONEY 💰 THIS IS ALSO WHY YOU NEED #BITCOIN #HosKasi

GM

This is what drives me. This is my incentive. Everything that violates this principle is suspect in my mind. Arbitrary data on Bitcoin Blockchain is to be fought. Forever. What so many opposing BIP110 do not understand is I will never give up. I'm a Bitcoin Psychopath.

People ask why Bitcoin matters. This is why. If $100,000 in the ‘90s now requires roughly $325,000 to maintain the same lifestyle, you don’t have a wage problem. You have a money problem. Bitcoin fixes the money. Escape ⚡️

Rome ran on silver for four centuries, and the discipline of that metal built an empire. Then politicians discovered they could clip it, and the empire started dying. That sequence tells you almost everything you need to know about money. Picture yourself in the Roman Forum around 211 BC. The Republic has just introduced the denarius, a silver coin weighing roughly 4.5 grams, worth ten bronze asses. You could hold it, bite it, weigh it. Nobody printed it into existence. A miner dug the silver out of the ground in Spain, a smith struck it, and its value came from the metal itself, not from a senator's promise. Commodity money, pure and simple. The market chose silver because silver is scarce, divisible, and doesn't rot in your saddlebag. Banking existed, and it looked more honest than what you deal with today. The argentarii set up tables (the word "bank" comes from banca, the bench they sat on) in the Forum and took deposits, made loans, and changed foreign coins for a fee. When you deposited coins for safekeeping, that was a bailment: the banker held your specific coins and you paid him. When you wanted interest, you handed over a loan, and the banker put your silver to work. The Romans understood the difference between storing money and lending it. Try getting that distinction out of a modern banker. Interest rates floated freely. Legal ceilings existed (the Twelve Tables capped rates), and Romans routinely ignored them, lending at whatever the market demanded. Brutus, the noble assassin of Caesar, charged 48 percent on a loan to the city of Salamis. So much for republican virtue. The rot came from the state, as it always does. Emperors after the Republic debased the denarius relentlessly. Nero shaved the silver content in 64 AD. By the reign of Gallienus in the 260s AD, the coin was a bronze slug with a silver wash worth under 5 percent of the original. Prices exploded. Diocletian responded in 301 AD with price controls, and merchants did what merchants do: they stopped selling. Sound money made Rome. Debased money helped bury it.

Money is evolving into the digital age.

M2: 1971 to Present Good luck, Kevin. Your shrink the balance sheet thoughts are a fantasy. Especially when you consider the next chart.

The Fifth Amendment of the U.S. Constituion says the government can't take your property without due process and just compensation. Then they invented fiat and inflation. No due process. No compensation. Just a quiet 5% annual haircut on everything you worked for while the Fed holds a press conference and calls it healthy. Bitcoin is the Fifth Amendment with teeth. They can't print it. They can't seize it. They can't dilute it. Your money. Your rules. Bitcoin is constitutional money.

@saylor @Strategy If Digital Credit is transparent, then as a shareholder who did not get to lob a question at you in Prague this year; "Why is MSTR unable to figure out how to securely custody its Bitcoin and publish proof of reserves?"

Another fantastic interview with Paula!