@jdennehy_writes@gazza_jenks@JoeNakamoto@BigRpic His power is not unchecked at all. By enabling people to use Bitcoin, run their own nodes, and participate in a decentralized monetary network, he’s returning power to individuals. That’s the exact opposite of a dictatorship.
@gazza_jenks@JoeNakamoto@BigRpic I watched it and agree on some concerning points made by Joe, but again thai doesn’t make Bukele a dictator. Far from it in my opinion..
People ask me:
Will $BTC hit $40K / $50K?
Wrong scale.
Bitcoin scales in log space.
A $10K move feels big.
But structurally, it is noise.
Bitcoin already moved:
$0.10 → $100,000
That is 1,000,000x.
Six clean 10x steps:
$0.10 → $1
$1 → $10
$10 → $100
$100 → $1,000
$1,000 → $10,000
$10,000 → $100,000
Same return.
Bitcoin does not monetize linearly.
It reprices in orders of magnitude.
On a linear chart:
$100K → $1M looks impossible.
On a log chart:
$100K → $1M is the same move as $10 → $100.
Same distance.
Same 10x.
The last 10x took about 7 years:
$10K in 2017 → $100K in 2024
A similar or slower step puts $1M BTC around 2032–2035.
At $1M, Bitcoin is roughly a $20T asset.
Gold-scale territory.
So the big picture is not:
$40K vs $50K vs $60K
That is volatility.
The big picture is:
$10K → $100K → $1M
Bitcoin is not just trading in dollars.
It is scaling 10x through time.
Bitcoin is money.
Bitcoin is information.
Bitcoin is property.
Bitcoin is software.
Bitcoin is a commodity.
Bitcoin is energy.
Bitcoin is time.
Bitcoin is freedom.
Bitcoin is math.
Bitcoin is an asset.
Bitcoin is a currency.
Bitcoin is speech.
Bitcoin is hope.
Amazing time attending the @AmityAge Bitcoin Educators Academy in Lugano 🇨🇭
Thanks @dusan_matuska & @FederMarek for your valuable insights and support!
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.