Bitcoin is punk rock

2026 update: Unattractive men love extreme sports, wear makeup and watch anime Unattractive women are messy pessimists who smoke every day, have conservative politics and listen to kpop

Satoshi hid a second mining gold rush in the technoeconomic design of Bitcoin which kicks in right as Bitcoin hits $1 million & the block reward tapers off 🤯 I’m starting to realize Satoshi knew what was going to happen with quantum and chose to go with the widely adopted standards of ECDSA / SHA256 on purpose. He knew that it was the simplest most trusted/lowest barrier-to-entry way to get Bitcoin adopted by innovators & tech pioneers in the bootstrapping days. He knew millions of BTC (including his own) would be “lost” during the early days. He knew we could later upgrade Bitcoin to utilize new tech like Schnorr Signatures or quantum resistance. He designed FOMO into the genesis of Bitcoin with the difficulty adjustment, the block size cap (fee market) & the halving. Satoshi was also a studied monetary historian. We thought that the millions of BTC l in forgotten & lost keys were permanent reduced from the supply, but we were wrong. In 1708 the Spanish galleon San José was sunk by the British navy and went down with 6 MILLION ounces of gold. For centuries that gold, and up to $1 trillion more, was thought to be removed from the supply - until we developed technology to be able to find it and bring it back. It’s the same concept with Bitcoin, except there will never be more than 21 million Bitcoin. The supply of gold keeps increasing as technology advances - to the point where gold will be as abundant as our willingness to get it, just like credit. In Bitcoin’s case, the 21 million cap is the upper limit, governed by a unique concept of abundance through mutually assured scarcity. The path Bitcoin takes to upgrade to quantum resistance will be long, costly and unpredictable - but it will happen, and it likely will involve a voluntary migration of keys to a quantum resistant cryptographic scheme. What happens to all of the people who lost their keys? A quantum bounty. Digital sunken treasure. Just in time for digital intelligence. Just as Bitcoin takes its seat as the king of global reserve assets. In a time when that lost Bitcoin will be reclaimed by a better steward and protected by best practices. A second Bitcoin gold rush that only happens once 🤯 Satoshi was a time traveler.