Rodrigo Ellul

Crypto

[Rodrigo Ellul @RodrigoEllul05]

@Giovann35084111 Amazing post really

[Rodrigo Ellul @RodrigoEllul05]

@DSBatten Really interesting post. Amazing work

[Daniel Batten @DSBatten]

This chart says "Bitcoin is most owned where it solves very real problems"

The data tells us it is solving a lot of problems, at scale, and often at an existential level

For example for 10 of the top 14 countries adopting Bitcoin, here's the problems it solves

UAE: Remittances
The world's highest-migrant-share workforce sends money home through banks that skim 6%+ a transfer. Bitcoin moves it for a fraction

Vietnam: Bank-account control
The state deactivated 86M+ bank accounts in a single "AML sweep". I personally spoke to people this happened to who lost their savings. They had left Vietnam years before, and found the account that held their money simply closed. A bank that can freeze you for going quiet is the whole argument for holding your own keys.

Philippines: Remittances
Overseas workers wire billions home each year. Bitcoin rails undercut the high-fee operators they are otherwise forced to use.

Iran: Sanctions
Locked out of the dollar system, Iran mines its subsidised energy into Bitcoin and spends it on imports the banks can't touch.

Brazil: Inflation hedge
Brazilians hold Bitcoin as hard money against a currency that keeps losing ground, and as a serious investment asset

Venezuela: Hyperinflation
As the bolivar collapses, Venezuelans move savings into Bitcoin to hold value the state can't erase

El Salvador: Day-to-day transactions
The IMF stripped the legal-tender mandate in 2025, so nobody has to touch Bitcoin. But ~ 1 in 10 Salvadorians still do anyway, by choice. One story that moved me was of a rural Salvadorian who used Bitcoin to pay his utility bill so he didn't have to have a half-day round trip to the nearest bank each month.

Ukraine: War
When ATMs capped withdrawals and savings froze, Bitcoin crossed borders money couldn't, and funded the defence.

Argentina: Inflation.
After decades of a falling peso, Argentines save in Bitcoin to protect what their melting-icecube currency keeps eroding.

South Africa: Hedging the rand.
The rand has devalued 8x against the USD since 2000. A weak, volatile currency and a deep investor base push South Africans into Bitcoin as an alternative asset

Notice the common theme? With the exception of US/Thailand/Saudi (Investment) and Singapore (Zero Capital Gains Tax) all the other countries are using Bitcoin to solve problems that affect basic livelihood in ways most of us struggle to imagine even being necessary in the West.

There is a name for this: "Solipsistic". It means treating one's own experience as the only reality.

(source references for each country and chart reference in comments)

[Rodrigo Ellul @RodrigoEllul05]

@moneyordebt @Giovann35084111 Thanks for taking the time to explain this. That’s really nice of you

[Anthony Pompliano 🌪 @APompliano]

Anything can be achieved by a force of will.

[Rodrigo Ellul @RodrigoEllul05]

@Darkfost_Coc Keep doing more of these posts reading to this particular topic. Good post

[Rodrigo Ellul @RodrigoEllul05]

@moneyordebt Can you explain this power law and its effect on BTC?

[Rodrigo Ellul @RodrigoEllul05]

@cryptocupra Wtf😂😂😂

[Rodrigo Ellul @RodrigoEllul05]

@seth_fin this is a really interesting analysis. makes sense. history does seem to repeat itself

[Rodrigo Ellul @RodrigoEllul05]

@TedPillows These charts are so brainless

[Rodrigo Ellul @RodrigoEllul05]

@MaksimXBT @AxelAdlerJr On god 😂❤️

[ZachXBT @zachxbt]

1/ I uncovered a coordinated network of 10+ accounts manufacturing viral panic about war and politics to drive traffic to crypto scams.

Strategy:
>Purchase accounts with followers
>Doompost multiple times per day
>Repost content from alt accounts
>Promote fake giveaway or scam
>Change username

[Rodrigo Ellul @RodrigoEllul05]

@Andre_Dragosch @w_s_bitcoin What does this mean andre?

[River @River]

Bitcoin ownership changed massively in 2025.

More in next week’s report on Bitcoin adoption.

[The Kobeissi Letter @KobeissiLetter]

The US stock market is witnessing a historic run:

The MSCI USA Index's market cap relative to the US M2 money supply is up to a record 270%.

This ratio is up +120 percentage points since 2022.

This now surpasses the 2000 Dot-Com Bubble peak by ~40 percentage points, and the pre-2008 Financial Crisis high by ~75 percentage points.

By comparison, the UK and France MSCI indexes relative to their M2 stand at ~60%, still below pre-pandemic highs.

At the same time, Japan’s market cap to M2 is up to ~60%, the highest since the 1990s.

The market has never run this far ahead of liquidity before.

[Rodrigo Ellul @RodrigoEllul05]

@JA_Maartun @cryptoquant_com Your data is incorrect….

[Rodrigo Ellul @RodrigoEllul05]

Hahahah

[Rodrigo Ellul @RodrigoEllul05]

@IncomeSharks It all depends on bitcoin….

[Rodrigo Ellul @RodrigoEllul05]

@WatcherGuru Wow boom 💥