NPfan

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Bitcoin is a REVOLUTION.

It is much more than number go up. It is an invention which can free humankind from the long sad history of monetary debasement, which empowers few and taxes everyone else. In a fiat system the wrong people win. We all pay for it. It is unjust and unfair. Throughout all of human history we never had a monetary standard that did not dilute over time. Now we do. Those of us who are partisans and are fighting for it understand the stakes. Freedom, fairness, prosperity, less war, etc.

Unsound money is the issue of our age. Currently few see it, but this will change. This Fourth Turning is well on its way and the monetary issue will be resolved.

As I observe the current Bitcoin landscape and the attacks on its leaders i am reminded of the opening of Thomas Paine's second writing, The American Crisis. Written in December 1776 after Washington had gotten his ass kicked on Long Island and retreated from Brooklyn and through New Jersey, Paine wrote:

"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in the crisis, shrink from the service of their country: but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have the consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem to lightly: it is dearness only that gives everything its value."

Sound money has to win. Sound money will win. History will be kind to sound money partisans. This is about a lot more than number go up. Don't forget why we are in this fight. Spread the word. The system they run is evil. We know the antidote. Time is on our side.

[Mike Lee @BasedMikeLee]

@LeaderJohnThune @TaxCuts Cool.

Let’s pass the SAVE America Act now.

As I’ve been asking you to do for months, please bring it up now and announce that we will debate it until it passes.

[AA ⚡️ @AAStack]

Matthew Kratter from Bitcoin University has 278K subs. He has dumped 50+ videos and 20+ hours into trashing Michael Saylor & Strategy (MSTR).

A guy who admits he doesn’t own it, calls holders “idiots” and “orange tie followers.” He is not just just educating. This is straight algo farming. Let’s look at the numbers.

Recent MSTR/Saylor videos crushing it:
• “Is Michael Saylor Cooked?”: 18K views (4 days)
• “The Actual Bad News For MSTR”: 20K views
• “More Thoughts On Michael Saylor and Strategy”: 20K views
• “How MSTR Can Go To Zero”: 20K views
• “MSTR Shareholders Getting Diluted”: 10K+ views
His dedicated MSTR playlist? Dozens of deep dives on dilution, STRC drama, “zero” scenarios.

Compare to his “normal” Bitcoin content:
• Mining/Lightning updates: 2-7K views
• General BTC talks: Often 4-8K views (e.g., recent BIP stuff, spending Bitcoin)
• Older big hits like “One Million Dollar Bitcoin”: 37K (but that’s outlier hype)

MSTR drama consistently 2-3x+ the views of his regular videos. Likes and engagement spike hard on the Saylor hate too.

Whats the Incentive?
Not love for MSTR holders (he shits on them).
Pure clicks & subs. Drama = algo push. Bear market volatility + Saylor beef = endless content farm.
PREMIUM MEMEBERSHIPS and COURSES get promotes off Rage Bait.

Dedicating this much time to a company you hate? That’s not analysis, that’s a business model.

Saylor’s building a BTC treasury empire. Kratter’s building a YouTube empire off criticizing it.

Always follow the incentives!

[Bitcoin Well @bitcoinwell]

Bitcoin held $75,000 while $750 billion in gold and silver vaporized in 45 minutes.

Treasury yields ripped. Both metals printed multi-percent drawdowns inside an hour. The chart looks like a building falling over.

Gold has been the world's hedge for 5,000 years. Today it bled $750 billion on a single yield headline. Silver did the same in parallel. Bitcoin sat at the same support zone it has been holding since yesterday.

If your hedge can be smoked by a Treasury auction, your hedge has a counterparty.

Bitcoin's supply schedule is not a yield-curve outcome. 21 million is not priced off the 10-year. The Fed cannot revise it. The Treasury cannot revise it.

Bitcoin is the first asset that is being priced from its own rules.

Hard money is not a chart pattern. It is a property.

[The Wolf Of All Streets @scottmelker]

This is why I believe in Bitcoin.

If you only watch 9 minutes of my content, ever, please let it be this.

[James E. Thorne @DrJStrategy]

Food for thought.

Will the CLARITY Act wake investors up to the real carry trade?

More than 7.75 trillion dollars now sits in US money market funds, while roughly 3 trillion in reserve balances is parked at the Federal Reserve earning about 3.65%. That is over $10 trillion still chained to the logic of the old monetary order, accepting what looks like “safe” yield even as the purchasing power of the underlying currency is steadily eroded.

Since the gold window closed in 1971, broad money has exploded growing at close to 8% p/a; the fiat unit of account is designed to grow, yet savers are asked to pretend that a nominal rate a few points above zero is “risk‑free.” Sensible is not the same thing as efficient. Nor is “risk‑free” the same thing as preserving real wealth.

The thesis of the incumbent system is simple. Safety lives in bank deposits, Treasury bills, central bank reserves and government‑only money funds. Investors, chastened by crises, park cash in money markets for liquidity and low volatility. Banks, scarred by regulation, leave reserves at the Fed for a predictable overnight rate and a quiet life with supervisors.

The classical carry trade built on this foundation was straightforward: borrow cheaply at the policy rate and reach a little for yield in duration or credit, clipping a modest spread. Now add the risk free rate in the digital world.

The antithesis is already visible in the digital world. Instruments linked to Bitcoin‑centred balance sheets and digitally native structures are building a different yield curve. Strategy’s STRC, a perpetual preferred backed by a Bitcoin‑levered corporate, has recently offered an annualised 11.5%, paid monthly, with distributions structured as return of capital rather than ordinary income.

It is not a Treasury bill, and there is balance‑sheet risk. But it shows that the market can engineer “cash‑like” exposure with double‑digit, tax‑efficient payouts, anchored in hard digital collateral rather than in the spread between overnight funding and a five‑year note. Bitcoin itself sits at the philosophical core: its supply is capped at 21 million coins, while fiat continues to expand.

The synthesis is a new definition of “risk‑free” and a new destination for the global carry trade. Public debate still obsesses over the dialectic of stablecoins versus bank deposits. The Digital Asset Market Clarity Act of 2025 would create a federal framework for digital asset markets and formalise regulatory boundaries.

More important is what such a law would symbolise: a tacit admission that a parallel monetary system is being built on top of the US dollar and Treasury market, but with yields discovered in competitive digital markets rather than by the constricted economics of legacy banks. Fully collateralised, dollar‑denominated, Treasury‑backed structures on public rails can in principle offer both the credit quality of the US sovereign and higher, more transparent yields than the old deposit‑money market complex.

This does not make every high‑yield token or Bitcoin‑linked security safe. It does mean that “risk‑free” in the old world has become a marketing phrase for nominal returns that often fail to protect purchasing power. Banks leaving reserves at 3.65 % are leaving money on the table. Investors accepting mid‑single‑digit money‑market yields in a structurally inflationary fiat regime are doing much the same.

The real question is whether the CLARITY Act will be remembered as the moment investors finally woke up to a generational shift: the point at which they realised that the true baseline for low‑volatility, dollar‑denominated returns had begun to migrate out of the old banking system and into a new, digital, USD Treasury‑backed monetary architecture.

Yes Bretton Woods 2.0 is upon us, the only question now is when will investors wake up to the opportunities in front of them.

[AA ⚡️ @AAStack]

The only question is: How High You Wanna Go?

[James Lavish @jameslavish]

Quick heads up: if you've been paying attention to the debt headlines this week, tomorrow's Informationist is for you. Titled "How America Becomes a Banana Republic," it walks through where the country actually stands, the old playbook the new Treasury and Fed are about to try, and the iceberg the headlines aren't showing.

Drops at 5am PT, as always. Enjoy.

And have a great night.

[David @david_eng_mba]

Bitcoin’s real North Star is the Power Law floor.

As of April 18, 2026:
• BTC: $76,178
• Floor (p10): $60,463
• Fair value: $128,570

~26% above long-term support
~41% below fair value

What matters:

Floor path from here:
• 1 year → $104,917
• 5 years → $321,397
• 10 years → $854,513

Implied CAGR to the floor:
• 1 year: +37.7%
• 5 year: +33.4%
• 10 year: +27.3%

The floor does most of the work.
You do not need to time it perfectly.
You need to own it while the floor keeps rising.

Price moves around.
The floor does most of the work.

#Bitcoin #BTC #PowerLaw

[Phong Le @phongle]

"This could make $STRC twice as good as it is now."

[Bit Paine ⚡️ @BitPaine]

you need to understand the implications here of $STRC buying $1B / week :

in a bull market, when supply dynamics flip convexity, the only net supply is newly mined $BTC, which is currently 3150 $BTC per week (halving to 1575 $BTC in ~2 years).

$1B/3150 $BTC = $317,460
$1B/1575 $BTC = $634,920

this is calculated using the demand from only a single entity, in the early phase of capturing its TAM, in a bear market.

you are simply not bullish enough.

[Mike Alfred @mikealfred]

@PeterSchiff Are you a child or an 80 year old man?

[Chief Nerd @TheChiefNerd]

Strange… 🤔

[Warren Davidson 🇺🇸 @WarrenDavidson]

🤔 M2 grows at roughly the same rate as interest on the debt.
1. Sound money is essential to defending freedom.
2. We don't have sound money.
3. There will be consequences...
4. Make a plan.

[Alex Gladstein 🌋 ⚡ @gladstein]

A day in the life of Bitcoin’s 17th year:

✅ $1.4 trillion, 90-year-old firm releases new BTC product

✅ Energy exporter demands payment in BTC

✅ NYT still can’t figure out who Satoshi is

✅ Fortune 500 company rolling out BTC payments for 4M merchants

How we doing fam?

[Phong Le @phongle]

In the last month, Morgan Stanley, Charles Schwab, and Citadel — among the world’s largest wealth managers, broker-dealers, and hedge funds — have announced plans to build Bitcoin capabilities. Probably nothing.

[Dave W @dmweisberger]

THIS post from @BitPaine is spot on.

Quantum MIGHT be the REAL "wolf" from the famous story, but the Bitcoin community is no longer listening to shitcoiners that constantly cry wolf...

That doesn't mean, however, that serious people with enormous financial incentives to secure Bitcoin's cryptography will ignore the threat. It means that it will not be led by those who have tried to rip the community apart...

[Dave W @dmweisberger]

Bitcoin dropping to 10,000 ?

Possible?

Sure... ANYTHING is possible.

Probable?

NO.

The only way I see it happening is if Bitcoin fails entirely and that is very unlikely. In 2022, with WAVES of forced selling when the worlds most important trading venue collapsed, the bottom was 60% HIGHER than 10k.

Since then, printing has continued and Bitcoin has "stabilized" down roughly 50% in nominal terms from its cycle peak.

That peak itself was about 1/3rd of previous cycle peaks and the composition of Bitcoin holders has changed dramatically.

NOW, the 2 largest holders are an ETF, representing a fairly long term holder community and MSTR, which is a very long term holder with shareholders. THAT means less supply overhang and is the likely reason this cycle drawdown was a bit lower than previous.

With all of that as a backdrop, some "analysts" call for Bitcoin to revert to 10k because the "largest money pump in history will revert".

As they say in England: BOLLOCKS!

With this WAR, the likelihood of anything other than continued monetary debasement has gone to ZERO!

Deficits in the U.S. will continue and now, the fracturing of NATO will fuel higher deficits from military spending throughout Europe as well.

SO - Gold will stabilize and move higher and BITCOIN will outperform when the macro situation stabilizes, IMHO, as the printing presses keep running hot...

NOT Investment Advice and DYOR

[AA ⚡️ @AAStack]

@RonSwanonson

[Dave W @dmweisberger]

In a world filled with increasing geopolitical risks, where the only certainties are the relentless increase in government debt and advances in agentic technology, owning the pre-eminent DIGITAL, Provably SCARCE, VERIFIABLE and UNPRINTABLE Asset is the smartest move to protect and grow one's wealth.

Bitcoin belongs in ALL portfolios.