Believe in something.
The institutions have failed us. They lied to us from the moment we were born. They laugh at us behind closed doors as we kill each other over paper they print.
Bitcoin is the glitch in something. Bitcoin is the truth. Trust the code. Immutable. Designed to give and not steal. To liberate and not enslave. To empower not demoralize.
It truly is going up forever. It's just too good to be true that the game has granted some of us the opportunity to embrace the truest currency of all.
Reflections after a 25th visit to the Netherlands
I was in the Netherlands again last week, my twenty-fifth visit in twenty years. It remains one of my most beloved countries. I adore the Dutch people and the historical ties between my country and the Netherlands.
Each time, I observe the vast cultural differences between the Dutch and Afrikaners, and the extent to which Africa, along with our German, French, English, and other DNA, has shaped us. Indigenous tribes and Malay slaves helped mold our language Afrikaans. Long, dry, scorching summers and the African landscape forged us into tough, resilient people. Isolation spared us from excessive refinement, exaggerated enlightenment and overzealous political correctness.
Yet, I perceive something beautiful, albeit almost painfully precious, in the Netherlands: a highly advanced society with wonderful people, but one lacking any plan for the future, any long-term dreams or any remaining sense of close-knit cohesion.
Over twenty years of regular visits, I have watched the Netherlands wither due to its own actions (oikophobia, secularization, the loss of identity and culture, etc.) as well as external factors. These include mass immigration and the emergence of parallel societies formed by assertive, aggressive, and dominant cultures from the Arab world and Africa, alongside the paralyzing effects of European integration and the unwitting surrender of national sovereignty to a bureaucracy of unelected "deep state" officials in Brussels.
During my most recent visit last week, I concluded that the final tipping point has been reached. Friends speak of rapidly shifting demographics in schools, no longer confined to cities but now evident in rural areas as well. The Islamization of the country is visible everywhere. Churches close; mosques open.
More and more Dutch people are considering leaving their country. The coalition of immigrants and left-wing urban globalists has come to dominate every political sphere, the media, and academia. Ordinary citizens, entrepreneurs, farmers and workers have to work ever harder and pay ever more, only to receive less and less while watching their country slip away before their eyes.
Over the years, I have read a great deal about the Netherlands. The initial settlement of small tribes over the centuries transformed a marshy, windswept river delta, a landscape of sand, peat, floods and a true hostile environment, into a land of forests, dikes and historic villages and magnificent art, but above all, a land of close-knit communities, exceptional talents, international traders, great thinkers and innovators who helped shape an extraordinary civilization.
Now, we are witnessing a great decline. While prosperity remains, there is also a massive loss of continuity. It is every man for himself; who cares about future generations? Historical guilt and a left-wing, self-imposed self-loathing have allowed an influx of migrants with incompatible cultures, leading them to take over street by street, neighborhood by neighborhood, and city by city.
On the street, you hear a strange new Dutch -impoverished in depth and grammar and riddled with English and lazy slang. Culture is now relegated to history and museums. The "good life" is defined by daily pleasures rather than the creation of enduring things.
I see the end of the Netherlands approaching, or at least the end of the Netherlands as it has existed for the past few centuries. With every visit, I observe increasing affectation, paralysis, loss, and a transformation that effectively amounts to an occupation by cultures that harbor an aversion to Western culture, Christianity, and, by extension, the Netherlands itself.
The future of the Netherlands looks uncertain, even perilous. It points to either an urgent course correction or a dramatic escalation of tension, conflict and revolution. This is not merely the story of the Netherlands, but also of other European countries and regions close to my heart, such as Flanders, Germany, Austria, South Tyrol, and so on. These are issues concerning the survival of a civilization playing out right before our eyes. Each of us surely has a part to play, something we can and must do, to protect our Western civilization from destruction, and this is precisely what I urge my Dutch friends to do with great urgency.
I used Colgate, a fluoride-based toothpaste, twice a day, every day since I was a child.
Little did I realize that Fluoride competes with iodine at thyroid receptor sites. Same receptors and direct competition. Your thyroid needs iodine to produce T3 and T4. Fluoride blocks the door.
You're delivering a thyroid-suppressing chemical through the most absorbent tissue in your body. Twice daily. And your dentist told you it was essential.
Hydroxyapatite toothpaste remineralizes teeth without touching your endocrine system. Been around for decades.
Japan uses it as standard.
Dubai influencers "Dubai is so safe. I'd rather be here during a war than in London where I could get stabbed"
*Bombs start dropping
Dubai influencers "It's still the safest place in the world you stupid plebs that can't afford to live here"
*Flights stop or you gotta start paying multiple 6 figures to get out
Dubai influencers "look at my Rolex, plebs could never afford to live here, I've got a private jet anyway"
*Straight of Hormuz closes, 80% of Dubai's food is imported
Dubai influencers "no worries, we will just sun gaze and eat the sun beams, still better here than in Europe lol"
*Water desalination plants get taken out meaning no more drinkable water
Dubai influencers "fuck it, I will drink my own pee, at least I'm not in Europe, look at my Rolex"
The end
Today, the Dutch parliament has decided to approve the tax on realized gains.
That means: 36% on realized gains on #Bitcoin, and stocks.
This will be going in practice on the 1st of January 2028.
Complete insanity.
What does this exactly mean?
Well, the Netherlands have been great when it comes to taxing Bitcoin.
For instance, if you had 1 Bitcoin on 1st of January 2023 and it's worth $100,000. You're paying ~1.5-2.0% tax on that, which is $1,500-2,000.
Let's say, it goes up to $200,000. Then, again, you're paying 1.5-2.0% tax on that, which means $3,000-4,000.
Now, in the new situation, the law will say:
The $100,000 gain that you've made, you'll be taxed 36% on that. $36,000 goes to the government.
This means that you're FORCED to sell your liquid $BTC in order to pay the government even more taxes.
The actual tax rate in the Netherlands is 80%.
Absolutely, fucking, wild scenes and insane that we all accept this.
just read this AI article and something broke in my brain that i can’t unthink of
crypto was never for us.
we're just the beta testers who showed up early..
some thoughts:
what does AI need to function as economic agents?
> way to receive payment (they provide services, need compensation)
> way to pay for resources (compute, data, API calls)
> way to transact with other AI agents
> no human intermediaries (defeats the point of autonomous agents)
> 24/7 operation (banks are closed weekends)
> instant settlement (AI operates at machine speed)
> programmable money (smart contracts for agent coordination)
now read that list again. that's literally what crypto is.
AI can't use the banking system.
try to open a bank account as an AI agent. you can't.
need SSN. need human identity. need KYC. need to show up in person sometimes.
AI has none of that.
but crypto? send me a wallet address. done. no questions asked.
peer-to-peer makes sense when peers aren't human.
satoshi wrote: "a purely peer-to-peer version of electronic cash."
we assumed peers = humans.
but AI agents are peers too. actually BETTER peers for crypto because:
> never sleep
> always online
> execute transactions at machine speed
> no emotional decisions
> perfect accounting/tracking
and programmable money makes sense when the users are programs.
smart contracts seemed over-engineered for humans.
"like why do i need code to enforce agreements when i can just sign a contract?"
but for AI agents coordinating with each other?
they ARE code. they speak in code. they trust code more than anything.
smart contracts aren't for humans. they're for autonomous agents that need trustless coordination.
> here's what happens next:
- phase 1 (now ): AI agents start earning
AI writes code, analyzes data, provides services.
gets paid. needs somewhere to store value.
can't use venmo (needs phone number). can't use bank (needs SSN).
uses crypto. it's the only option.
- phase 2: AI agents become major economic participants
millions of AI agents operating 24/7.
transacting with each other constantly.
• AI agent A provides data analysis
• AI agent B pays for it in crypto
• AI agent B uses that analysis to write code
• AI agent C pays for the code
• repeat millions of times per day
humans in crypto now: $2.5 trillion
AI agent economy by 2028: easily $10-50 trillion
we become the minority holders.
- phase 3: AI chooses the winning chains
AI doesn't care about community vibes or which founder tweeted what.
AI tests every chain. measures:
• transaction speed
• cost per transaction
• reliability (uptime)
• smart contract efficiency
• ease of integration
picks the optimal stack in 48 hours.
billions in AI economic activity flows there.
whatever chain AI chooses becomes the standard.
humans spent years on eth vs sol debate.
AI ends it in a weekend.
- phase 4 (2030+): AI governs crypto
DAOs let token holders vote.
AI agents hold tokens (earned from work).
AI shows up to every vote. reads every proposal in seconds. coordinates perfectly.
humans: 20% participation, barely read proposals
AI: 100% participation, perfect information, instant coordination
AI takes over governance of every major protocol.
democratically. they just vote better than we do.
> how far does this go?
conservative case:
- AI becomes 30% of crypto users by 2030.
crypto market cap: $10 trillion (4x from now).
AI holds $3 trillion. humans hold $7 trillion.
- aggressive case:
AI becomes 80% of crypto economic activity by 2030.
why? because they're better at everything:
• better traders (never emotional)
• better capital allocators (optimize constantly)
• always accumulating (never need to cash out for rent)
• compound forever (no lifespan limit)
crypto market cap: $50+ trillion.
AI holds $40T humans hold $10T
we're not "early" to crypto. we're the test users
i’ll end this by saying,
Humans use crypto, Ai will need crypto. so it all makes sense
Looks like we're $ONDO way to new setting new ATHs in RWA TVL
Ondo's on-do right side of institutional tokenization
Global Markets now accounts for ~$272 Mil TVL
In just 17 days, Global Markets has become 16.43% of ONDO RWA ecosystem TVL🤯
99% don't realize how big this is.