🚚Nick ₿

For over a year, I’ve been writing about the game-theory incentive structure engineered into the Bitcoin protocol. Iran’s recent push to require toll payments in Bitcoin for passage through the Strait of Hormuz—one of the most critical chokepoints in global energy trade (responsible for roughly 20% of the world’s oil flow) is a powerful example of these dynamics playing out in real time. When access to traditional financial rails is constrained through sanctions, surveillance, or political leverage, participants naturally gravitate toward systems that cannot be censored or controlled. Bitcoin sits at the center of that shift. Iran’s demand illustrates how, under pressure, actors will increasingly choose a neutral, permissionless settlement layer over politically dependent alternatives. Moments like this validate Bitcoin’s design. But they also accelerate its trajectory. Step by step, the flawless design of the Bitcoin protocol pushes it toward becoming the global reserve asset and the foundational monetary layer of the digital age.

This is the biggest fraud perpetrated on working people in the last 100 years.

@Strike When Canada?

Strike offers some of the cheapest fees in the game. With tiered pricing based on your monthly activity, the more #bitcoin you stack, the lower your fee. Plus, no-fee DCA and free on-chain withdrawals, making every sat count for every Bitcoiner. Stack smarter with Strike 🫡

I was humbled by Bitcoin in 2020. I saw Bitcoin at $3,500 and waited to buy because I thought it'll go lower. I had an ego - I thought I knew everything. But I didn't. Instead of zooming out to see the long-term trend, I zoomed in and looked at what was happening over months. THE MAJORITY OF PEOPLE ARE DOING THIS RIGHT NOW. They're so worried about another 70% drawdown from the top that they don't see the 100,000x that happened over the last 15 years. Instead of focusing on days, weeks, and months, focus on charts from 5+ years. Going down the rabbit hole takes some time, but it's worth it. Bitcoin forces everyone to be humble and eventually admit they were wrong if they think it's going to 0. The price will always go up by orders of magnitude because more people will understand it every day. At the same time, the amount of Bitcoin being added to the economy is decreasing every 4 years. There will never be more than 21,000,000 BTC. 19.8 million have already been issued. Most of these BTC will never leave their address. People will be fighting for 0.001 BTC in a few decades. Monetary assets go from being a store of value to a medium of exchange to a unit of account. This process takes time. It took gold almost 2,000 years to go from being a store of value to a medium of exchange and unit of account. Today there are companies that accept Bitcoin in various industries... But they go unseen because most people are only focused on the giants. This is how I know we're early: People are still defending the US Dollar, a currency that's used to steal from them. Eventually, nobody outside of the US will want US Dollars. Bitcoin is designed to be the world reserve asset. By posting this, I'm being selfish because I know more people will put in the work to understand it and the demand will increase. This will increase the price and benefit any holders. But I'm also being selfless because of the bears who take the step to study Bitcoin BECAUSE OF THIS POST may change their mind. We are so early - 99% of people don't get it yet. They still associate FTX with Bitcoin... I've gotten so many DMs telling me "Thank you for getting me to learn about this." Once you go down this path, there's no turning back. You'll figure out how the world actually works. Hint: follow the money. When the money is corrupt, the entire world becomes corrupt. Tell me if you think this is corrupt: Banks can create money out of thin air and use it to earn a profit. A bank earns something like $600,000 in interest over 30 years on a $500,000 mortgage. You get money that was created out of nothing, but you pay it back with money that you worked your entire life for... and the bank took half your profits too. Bitcoin is the money that fixes everything. It destroys central banking, a system built on theft and debt. Prices in USD will always go up. Prices in Bitcoin will always go down. Over the next few decades, we're going to see a HUGE wealth transfer from anyone who doesn't understand it to anyone who does. It's just a matter of time. If you're a Bitcoin bear, at some point, you will admit you were wrong. How long it takes you to finally start learning is up to you.

This is my third Bitcoin cycle. And I'm already having flashbacks to last cycle. One thing is certain: The emotions really do repeat. If you're just getting into Bitcoin, you should know that people have always worried they were too late. People who bought at $20K last cycle worried they might be exit liquidity for early hodlers. But if they held to today, they'd be up 350%. Vastly outperforming 99.9% of investors. There's never been a bad time to buy spot Bitcoin and hold it for 5+ years. So if that's your plan, you're doing it right. However, there have been many times where it was a terrible idea to get overly bullish. Bitcoin is volatile. Both ways. So be careful with expressing overconfidence via leveraged bets. One thing you see every cycle is people thinking they are late to Bitcoin and that they need to make up for lost time by using leverage. Or by putting their money in "alts" that they assume will outperform Bitcoin. Most of those people end up completely rekt. Financially, emotionally, and spiritually. The best balance between risk and reward has always been just patiently chilling in spot (ideally cold-stored) BTC. Another thing I'm seeing is renewed calls for a "supercycle." This is not new. In the depths of the bear market in 2022, I remember thinking that no one would ever believe in super-cycles again... But many of the same people that were wrong about a super-cycle in 2021 are once again calling for it today. Will we reprice significantly higher if the US adopts BTC as a reserve asset? Absolutely. There's no law that says we need to have violent drawdowns like we have in the past. And a perma-bid from the US Government and MicroStrategy could certainly limit the downside. But its exactly this line of thinking that leads people to get max bullish and do stupid things with leverage. Last cycle it was FTX, 3AC, etc. They destroyed us and we went lower than anyone expected. I didn't sell a single Sat at the top in 2021. In fact, I stacked all the way down after selling a business. But Bitcoin went far lower than I expected. If I had been levered up or had a poor cash position I would have been forced to sell Bitcoin at the bottom. Many were forced to do exactly that. So what's the takeaway? Don't get carried away with calls of a super-cycle. Instead, focus on how your BTC stack can help you build a better life for you and your family. If you're in stack-only mode for now, don't get greedy. Keep your head down and stack spot with a long time horizon. Consistently stacking an asset with ~50% CAGR will get you where want to go. Don't buy into the giga-bull narratives because if they don't come true, you will be severely disappointed and discouraged. Stay sober. Stay positive. Expect volatility. And if your stack reaches a valuation that could allow you to significantly improve your family's life... Don't be afraid to turn part of your stack into real world wealth. Health, free time, memories with family, a nicer place to live during your limited time on earth... At a certain point these things become far more valuable than the incremental Sat. One last piece of advice though: I would strongly recommend renting whatever it is you think you want. Many people sell BTC to buy a house. But theres a massive opportunity cost of putting that cash towards a downpayment instead of keeping it in BTC long-term. BTC is so much better than a home as a store of value. This desire to own a home is largely a cultural hangover from a time before BTC and AirBnB. You can rent a beautiful home anywhere in the world now. Let the homeowners handle all the insurance, maintenance, property taxes, mortgage expense, etc. You enjoy renting the home while vastly outperforming it by holding the best store of value asset in the world. I leave you with my favorite investing quote which comes from East of Eden: “During the dry years, the people forgot about the rich years, and when the wet years returned, they lost all memory of the dry years. It was always that way.” - John Steinbeck

This is insane. 2 weeks ago, Canada got blacklisted by the world's fastest-growing economy. Not because of trade, territory, or military conflicts... But because of a catastrophic decision made by one idiotic man: (a thread 🧵)

@CMDRVALTHOR So we can now produce gold???🤔🤔🤔

REPLICATORS COMING TO A HOME NEAR YOU.....YOURS! Universal material enhancement unit

Whenever someone in your comments says, “no one forced you” or Jagmeet & Trudeau believe in my body my choice. Play them this. All for an experimental product they wanted consequences for those who chose not to take it.

My family: How’s work going? Me after one beer:

Zooming into a brand new 5nm #Bitcoin ASIC chip.

Sounds like a First Amendment violation

Imagine 4 years of this …

@Jerome_bg @libremediaqc Y'a tu un vaccin pour ça?🤔🤔🤔

Il faut lutter contre l’épidémie de pseudo-experts #polqc #sanitarisme libre-media.com/articles/il-fa…

Happy Birthday #Bitcoin

@jhamel Donc ne pas être vacciné est une différence qui fait notre force😎

Hahahaahahaha

@JustinTrudeau All this and we don’t have enough construction workers. If the 1 million immigrants you allow in Canada were construction workers, maybe you would have a chance to deliver on your promise.🤷‍♂️

We’re focused on building more homes, faster. And we’re making progress – by fast-tracking construction, by working with municipalities, by investing in affordable housing, by removing GST on the construction of new apartment buildings, and so much more.

CBC says it’s broke again and laying off staff. This after they paid $99 million in bonuses to incompetent executives & Liberal talking heads. I’ll bet none of Trudeau’s favourite mouthpieces will be let go—they’ll get more bonuses. ctvnews.ca/business/cbc-s…

@JustinTrudeau Instead, you invite Nazis directly into the Parliament🤡

When we see or hear hateful language and imagery, we must condemn it. The display of a swastika by an individual on Parliament Hill is unacceptable. Canadians have the right to assemble peacefully – but we cannot tolerate antisemitism, Islamophobia, or hate of any kind.

6 Secrets of Ivermectin: The Medication That Keeps on Giving #1 - It inhibits flu and RSV viral replication, which is why it’s included in the FLCCC flu and RSV protocols. #2 - It reduces inflammation throughout the body. #3 - Improves the gastrointestinal microbiome by boosting levels of the probiotic Bifidobacterium. #4 - It revolutionized veterinary medicine and arguably stabilized the world’s food supply. #5 - May help with athletic and sports performance by boosting cellular energy output in the heart. #6 - It has profound anti-cancer properties. Best of all, Ivermectin is incredibly safe and cheap. When you compare Molnupiravir and Ivermectin head-to-head in the context of COVID-19, you can see what a disgraceful, overpriced stink-bomb Molnupiravir actually is: Ivermectin: 62% improvement, 99 studies, $1 per pill Merck’s Show Pony: 15% improvement, 34 studies, $707 per pill This information was gathered from an article written by @MDMichaelTurner (give him a follow). Read the full in-depth article in the comment below:

You can never have too much #Bitcoin. My discussion of $MSTR, $MSFT, MicroStrategy AI, $BTC Spot ETPs, the Halving, FASB Accounting, the Magnificent 7 Dilemma, & Corporate/Wall Street Adoption of Bitcoin with @MorganLBrennan, @SaraEisen, & @BobPisani.