“Today’s the day.”
~ Mel Fisher
Why does a reinsurance company’s annual letter get me this fired up? Ross Stevens weaves together treasure hunting, Bayesian statistics, and the raw reality of Bitcoin as

What if prosecuting innovative Bitcoin developers like Rodriguez and Burroughs signals the death of American entrepreneurship?
In this episode, I read Beautyon’s “American Bitcoin Suicide” and dive into how activist judges and unchecked fraud

Merry Christmas! Working with the amazing crew at Braiins, we are happy to share the full audiobook of Bitcoin: The Ultimate Collateral free for all. You can find the ebook as well as the video

“We have entered a space where we literally own nothing.”
~ Guy
What happens when 25 years of digital identity vanishes overnight because of a $500 gift card?
This jaw-dropping story exposes

“The broad point is that only the strong survive was correct. We are entering the endgame of crypto having any reason to exist.
My thesis as to why it exists at all is a

“If you think they’ll have restraint, I think you’re making a grave error.”
Can your wallet, your node, or even your hardware become “unlicensed financial activity” overnight? I walk through HRF’s latest Financial Freedom

“What role do intermediaries—such as merchants, distributors, and traders—play in the market? Far from being mere profiteers, these intermediaries play an essential role in the division of labor. Without them, society as a whole could

“Bitcoin will fail.Because it is a lie… Because it claims truths that cannot be. That trust is defect. That property is virtue. That law, shared meaning should not supervene…I used to see value. Now I

“The best, simplest, ultimate form of collateral is something that can instantly be claimed and sold at any time when the debtor fails to make their payments. A house can take months, even years to

“This analysis has demonstrated through 30 universal laws, empirically validated across 16 years and $1.83 trillion in market capitalization, that Bitcoin represents a genuine phase transition in monetary coordination. It is the first system deriving

I dive into Adam Mastroianni’s piece “Thank You for Being Annoying” and use it as a launchpad to rant about work, love, and why being constantly irritated might be a feature, not a bug. From

Is ARK the missing piece that lets Bitcoin scale without sacrificing sovereignty? Or is it just a confusing mess that you can’t make sense of? Hopefully this episode helps as I unpack Paco VM’s brilliant

I dive into the Human Rights Foundation’s look at Bitcoin’s quantum vulnerability – what’s real, what’s hype, and what would it take to truly secure the network. Then I unpack the social and technical chaos

“They’re passing the torch. And the torch is being received by entities who care less about ideology and more about returns. BlackRock doesn’t care about “being your own bank.” They care about portfolio diversification and

“Live by the mNAV, Die by the mNAV”.
What happens when financial alchemy meets the hardest money in history? In this episode, we explore how Bitcoin treasury companies may be repeating the speculative sins

In this read, I dive into Bitcoin TreasuryCos & The Roaring 20s: Speculative Attack! Part II by Be Water – a fascinating comparison between today’s Bitcoin Treasury mania and the wild investment trust bubble of

“What distinguishes this speculative attack from its Weimar predecessor is that now – thanks to Bitcoin, Bitcoin Treasuries, Money Printer Go Brrr memes, and social media – it is nearly impossible for public opinion to

“Payments are the camcorders of our age, the next technology whose time has passed. The new age that is just beginning will feel qualitatively different, like the moment Dorothy steps out of her black-and-white world