⚡️“It might make sense to get some in case it catches on.” Satoshi Nakamoto⚡️Questor for AI, Bitcoin and Kendo - father & husband blessed with loving wife. ⚡️
Hier un ami m'a dit: "le UK, c'est fini."
On me dit souvent la même chose de la France. "La France, c'est fini."
Je comprends d'où vient ce sentiment. Les chiffres de l'immigration, la dette, les rues de Londres et de Paris, les institutions capturées. Le constat est largement exact.
Mais la conclusion est une erreur. Et pas une petite erreur d'analyse. Une erreur mortifère.
Voici pourquoi.
Dire "le UK c'est fini" ou "la France c'est fini", ce n'est pas un diagnostic local. C'est une capitulation globale que vous n'avez pas encore avouée. Parce que le UK et la France ne sont pas des pays comme les autres. Ce sont deux des trois matrices de l'Occident. La common law, l'habeas corpus, le Parlement de Westminster. Les Lumières, les droits de l'homme, le Code civil. Si ces deux-là tombent définitivement, vous ne perdez pas deux pays. Vous perdez la preuve que le modèle fonctionne.
Et le mécanisme est implacable: si le wokisme, qui n'est que le communisme après sa mutation des années 70, gagne en Europe, il ne s'arrête pas en Europe. Une idéologie qui a survécu à la chute de son propre empire ne s'arrête pas à une frontière. Elle a déjà traversé l'Atlantique une fois, en 1966, par Johns Hopkins. Elle retraversera dans l'autre sens. L'Occident tient ensemble ou tombe ensemble.
Regardez la carte de ce qui est en jeu. Les États-Unis, le Canada, le Royaume-Uni, l'Irlande. La France, l'Allemagne, l'Italie, l'Espagne, le Portugal, le Benelux, la Suisse, l'Autriche. Les pays nordiques. La Pologne, les Baltes, la Tchéquie, toute cette Europe centrale qui a déjà payé pour savoir. Et les avant-postes: l'Australie, la Nouvelle-Zélande, le Japon, la Corée du Sud, Taïwan, Israël. Ce n'est pas une liste de pays. C'est une seule civilisation distribuée sur quatre continents. Abandonner un nœud, c'est affaiblir tout le réseau.
Maintenant, le point que tout le monde oublie quand il désespère.
Les plus grands d'entre nous ont désespéré aussi.
Peter Thiel a raconté la scène dans son interview au New York Times. Un dîner avec Elon, pendant la campagne de 2024. Thiel lui dit: si Trump perd, je quitte le pays. Et Elon répond: "There's nowhere to go. There's nowhere to go." Il n'y a nulle part où aller. Thiel rentre chez lui et comprend deux heures plus tard ce qu'il vient d'entendre: Elon ne croyait plus en Mars. Plus comme projet politique. Parce qu'il avait compris que le gouvernement socialiste et l'IA woke le suivraient jusque sur Mars.
L'homme qui construit des fusées pour fuir la Terre avait conclu que la fuite était impossible.
Et qu'a-t-il fait de ce désespoir? Il n'a pas émigré. Il n'a pas abdiqué. Il a compris que puisqu'il n'y a nulle part où fuir, il n'y a qu'une option: se retourner et combattre. Ici. Maintenant.
C'est exactement le bon raisonnement, et il vaut pour le UK et pour la France: il n'y a pas de sortie, donc il n'y a que la reconquête.
Et la reconquête a déjà commencé. Ouvrez les yeux sur ce qui s'est passé en trois ans.
L'idéologie qui semblait invincible en 2020 est en train de crever de partout. Les programmes DEI démantelés les uns après les autres dans les plus grandes entreprises américaines. Les universités forcées de rendre des comptes pour la première fois en cinquante ans. La censure qui régnait sur les réseaux, brisée. Les électorats occidentaux qui, élection après élection, rejettent le logiciel. Ce qui se vendait comme le sens de l'Histoire se révèle pour ce que c'était: une mode portée par la peur, et la peur a changé de camp.
Et au centre de ce retournement, un fait sans précédent: l'homme le plus riche de l'histoire de l'humanité, en route pour devenir le premier trillionaire, a décidé de consacrer sa fortune, ses plateformes et ses machines à détruire cette idéologie. Pas à s'en accommoder. Pas à acheter la paix. À la détruire. Jamais, dans toute l'histoire de la guerre froide, le monde libre n'a eu un atout pareil. Les dissidents soviétiques écrivaient des samizdats à la machine à écrire. Nous, nous avons les fusées, les modèles d'IA et le réseau de distribution mondial de l'information entre les mains de gens qui ont choisi notre camp.
Alors non, le UK n'est pas fini. La France n'est pas finie. Une nation n'est finie que le jour où ses bâtisseurs le décrètent, et le décréter, c'est précisément le but de guerre de l'adversaire. Le déclinisme n'est pas de la lucidité. C'est l'idéologie ennemie qui tourne dans votre propre tête, qui vous fait faire son travail gratuitement.
Il n'y a jamais eu autant d'espoir pour le monde libre. Le vrai. Pas le mirage de 1989, quand nous avons célébré la victoire sur une adresse vide. Cette fois, nous savons où est l'ennemi, nous savons comment il fonctionne, et les hommes les plus capables de la planète sont enfin entrés dans la bataille.
Le pessimisme est un luxe de spectateur. Nous ne sommes pas des spectateurs.
Au travail.
Confessions of a Haunted Bitcoiner
Nobody warns you about the part that actually gets to you. It isn’t the volatility. It’s the loneliness of the volatility. I can stomach watching half the number evaporate — a 50% drawdown isn’t a crash, it’s a sale on the scarcest monetary asset humanity has ever invented. What I can’t stomach is sitting in a Bavarian lakeside town this summer, the water so still it looks photoshopped (no, I’m not German, I just enjoy the cooler weather) — while my brother-in-law explains to me, slowly, like I’m a golden retriever, that bitcoin “isn’t backed by anything.” This, while he carries a currency backed by the feelings of a committee that meets eight times a year and has never once been early.
Because I’ve done the work. Thousands of hours, between podcasts, books, articles etc. And then you’re stuck. You sit across from people you genuinely love, who built businesses or went to top universities, but you still can't hand them the one thing you’re surest of in this life. You watch the words leave your mouth and die in the air. “Inflation is policy.” Nothing. You’ve said something profound to a man squinting at the bill to see if service is included.
So you stop. Not because you stopped believing — because you’ve learned, at real cost, that conviction and evangelism are different muscles, and the second one only ever cost me. The early bitcoiner’s true discipline was never holding through an 80% crash. It’s holding your tongue at brunch while someone calls your life’s thesis a Ponzi between bites of a croissant they bought with money engineered to be worth less by the time they finish it.
And here’s the confession underneath the confession — the haunting part. A small, ugly corner of me wants the price to keep bleeding. Not for me. For the vindication. So they’ll finally see. And I despise that corner, because I already know the ending: the converts arrive years late, exhausted, having “figured it out themselves,” and I’ll have to swallow the most expensive three words in the English language — I told you — smile, and pour the wine. Because being right early and being right late feel exactly the same from the inside. The only difference is who got paid, and whether you stayed someone people still wanted at the table.
That’s the trap nobody mentions. It’s lonely being the only one who sees the iceberg. But you can’t save the ship by screaming “ICEBERG” louder — you just become the iceberg guy, and now you’re not even right anymore, you’re exhausting, and exhausted.
So you make a quieter peace with it. The math doesn’t need their approval. 21 million is 21 million whether anyone claps, whether your brother-in-law ever comes around, whether the number is at 60K or 600K this particular haunted Sunday.
But here’s the part I didn’t expect. You spend years being the only one at every dinner table — and then you find the others. Not at the table. But here on X. It turns out the whole time I was losing the argument at brunch, there was a deck full of people on the other side of this screen squinting at the same iceberg, doing the same math, biting the same tongue at their own family dinners. We’re not an echo chamber — an echo chamber agrees on conclusions. We argue about everything: cycle tops, treasury structures, whether Saylor’s a prophet or a margin call away from his next podcast appearance. What we share isn’t an answer. It’s the humility to question everything we once knew, and the foresight.
I used to think being early meant being alone. It just meant being early to the wrong room. This is the right one.
Now let's ride this bear to zero or a million 😎
#Bitcoin $MSTR $MPJPY $MTPLF
People often ask us, "Why put my seed phrase on a nylon washer?" The answer is: nylon is another option.
Passing a border, making a temporary travel wallet you can sew in your clothes, getting past metal detectors...you never know 🤷♂️
For the sake of argument I'll accept the four ideologies of Bitcoin that @saylor describes in this article.
The problem with his framing is that it puts maximalists, technologists, and capitalists on the same level as fundamentalists.
This is a mistake.
As implied in the designation, the principles that fundamentalists promote are fundamental to Bitcoin. Without them, none of the other distinctions matter.
Any Bitcoin maximalist, technologist, or capitalist who is not a fundamentalist first is likely to slip into the clutches of fiat brain rot.
Capitalists might start doing things like selling their own special printed money (or stocks) on the promise that they will buy bitcoin with it and pay a dividend to their investors, or promoting cryptocurrencies that buy their special printed money.
Maximalists might start cheering government confiscation of bitcoins as part of a promised Bitcoin strategic reserve.
Technologists might see ways to tweak the protocol to do new things without taking into account second or third order effects on the network.
Bitcoin risks failure in its mission as money in the hands of any of these mindsets unbounded by fundamentalism.
However, Bitcoin absolutely succeeds in a world of Bitcoin fundamentalists even in the absence of any of the rest of Saylor's categories.
Fundamentalists find ways to separate money from state, maintain and improve the protocol, and integrate Bitcoin into the rest of the financial world all without endangering Bitcoin itself because they put first principles first.
For this reason, the more Bitcoin fundamentalists we have, the better.
Any attempts to demote fundamentalism to just another Bitcoin ideology should be viewed skeptically.
Good evening.
I’m getting a lot of questions about whether my conviction has been impaired or my thesis has changed about Bitcoin with its recent price weakness. The answer is an emphatic no. Why? Because I like to keep it simple and focus on first principles. While other assets are enjoying the warmth of the hot ball of money, Bitcoin will simply continue to reflect the debasement of all government sponsored currencies over the long run. Nothing more. Nothing less. Hope this helps.
Have a great night.
While I was at the (amazing) @FREEMadeiraOrg Energy Summit in Lisbon last month, I had the chance to finally ask Kenji Tateiwa some questions I’d always wanted to know the answers to.
For context: Kenji was no less than the nuclear safety engineer who expertly coordinated the American and Japanese nuclear engineers’ response teams after the Fukushima meltdown.
But it wasn’t nuclear energy I wanted to know about this time, it was
- how he convinced the world's 5th largest utility to create a Bitcoin mining subsidiary (something that’s never happened before at this scale)
- why 300 of India’s top IIT graduates applied for 6 positions at his Bitcoin mining subsidiary, and
- what he did differently to almost everyone else in Bitcoin who tries to orange-pill people.
There are more useful things to pay attention to right now than the price.
I decided to make this month's paid sub newsletter free to everyone so you can hear all of Kenji's story. It's written to be shared with non-Bitcoiners, so please do so. His story deserves to be known.
https://t.co/nwEdY81OzJ
Exactly 15 years ago today when Bitcoin was trading at $15, Hal Finney said:
"Every day that goes by and Bitcoin hasn't collapsed…increases the chance of Bitcoin's eventual success and justifies a higher price."
Bitcoin is volatile for a reason. The path to adopting bitcoin is not a security but instead understanding why it stores value. You will spend 40,000 hours of your life trying to make money. It's worthwhile to spend 100 hours figuring out how to keep it.
https://t.co/VMToEi60zR
@Faycytw@xapobankapp as a bitcoiner and customer, it’s rather good to see you did not make it onto this list. Your service is excellent as a fully regulated bitcoin only bank, and I would never consider switching to any of these upstart crypto “banks”
In 1976, 50 years ago this year, Friedrich Hayek published his treatise Denationalisation of Money. Just two years after winning the Nobel Prize in Economics, he asked a question now considered heretical by the economics establishment: why should the state monopolize money at all?
Hayek envisioned competing private currencies disciplined by voluntary adoption rather than political fiat. His work on money and emergent order later helped inspire the cypherpunks, who sought to build electronic systems independent of the state.
Now, five decades later, Bitcoin has emerged as the leading non-state monetary network. Bitcoin replaces a centralized issuer with widely distributed code, strong cryptography, and digital networks. Where fiat money relies on trust in a nation's central bank, Bitcoin relies on transparent rules, mathematics, and a fixed issuance schedule.
Hayek, and Carl Menger before him, argued that sound money emerges through open competition, and Bitcoin is increasingly winning that competition. It's on a remarkable 16-year run of survival, adoption, and monetization at internet-scale.
Whether Bitcoin succeeds or fails, it transformed Hayek’s monetary thought experiment from 50 years ago into an operational 24/7/365 system today. It has forced even the economic establishment to ask hard questions about the future of money.
Some governments tell you you have to "declare" that you "own" Bitcoin.
Now, how the heck do you do that, exactly?
In short, knowing a Private Key allows you to request that the network apply a specific alteration to the timechain that "moves" sats from one address to another.
But how can knowledge be equivalent to ownership in any legal sense?
And what happens if you utter the Private Key in court? Remember - the twelve magic words in a seed phrase are not a password - they ARE the key!
Now the entire court will be "guilty" of "owning Bitcoin."
And how do you prove that everyone else on Earth DOESN'T know the same twelve words?
Under man-made law, Bitcoin ownership is paradoxical. Under Natural Law, the keyholder simply IS the owner. No declaration is required, and no state is needed to validate it.
Study Praxeology! Read Rothbard!