Thank you @NASA for the coolest day ever. One week ago, we were eating Chiliβs in Chattanooga, and today weβre talking to the ISS. This is the American dream.
Thanks for letting three random World Cup tourists from Germany live it for a few days. USA rocks.πΊπΈπ
$BTC to $1M Is Not a Moonshot. It Is the Next 10x.
Bitcoin already moved:
$0.10 β $100,000
That is a 1,000,000x move in ~14 years.
Six separate 10x moves.
$0.10 β $1
Oct 2010 β Feb 2011
Step time: ~4 months
Age from genesis: ~2.1 years
$1 β $10
Feb 2011 β Jun 2011
Step time: ~4 months
Age from genesis: ~2.4 years
$10 β $100
Jun 2011 β Apr 2013
Step time: ~22 months
Age from genesis: ~4.3 years
$100 β $1,000
Apr 2013 β Nov 2013
Step time: ~7 months
Age from genesis: ~4.9 years
$1,000 β $10,000
Nov 2013 β Nov 2017
Step time: ~4 years
Age from genesis: ~8.9 years
$10,000 β $100,000
Nov 2017 β Dec 2024
Step time: ~7 years
Age from genesis: ~15.9 years
Every move delivered the same return:
10x.
But every move felt harder to believe.
$10 β $100 felt possible.
$10,000 β $100,000 felt absurd.
Same math.
Different emotion.
The next step is:
$100,000 β $1,000,000
On a linear chart, that looks insane.
On a log chart, it is simply the next order of magnitude.
That is what scale invariance means.
$10 β $100 and $100,000 β $1,000,000 are the same distance on a log chart.
The dollar amounts change.
The scaling relationship does not.
Bitcoin does not care how big the number feels to your brain.
It moves by orders of magnitude.
Now look at the timing.
The last major 10x took about 7 years:
$10K in Nov 2017 β $100K in Dec 2024
If the next 10x takes roughly the same or slightly longer, the next milestone lands around:
$1M BTC in 2032β2035
The power-law points closer to 2032β2033.
Historically consistent with Bitcoinβs long-term monetization path.
At $1M per BTC, Bitcoin would be roughly a $20T asset.
That is approximately gold-scale territory.
The log chart shows the scaling.
$1M Bitcoin is reasonable on the math of scaling.
In 6 days, $SATA will become the first US listed security to pay cash dividends every business day.
We shall see how this affects volatility, and whether Striveβs thesis plays out.
Happy birthday to cryptography pioneer Whitfield Diffie, who turns 82 today!
Whit is best known for co-inventing public-key cryptography with Martin Hellman in 1975 at Stanford University. π
As a long-time Bitcoiner, I believe the debt crisis wonβt improve, debasement will continue, and weβre moving toward a Bitcoin future.
During this transition, I see Digital Credit as the most important asset.
I held nothing back with Pomp on how big I think this gets.
Blockstream Intern here.
Sentiment is down bad.
So, different kind of promotion.
Buy any Jade, get 10% back in bitcoin. Now through June 7th.
After purchase, on the Thank You page, press "Claim Rewards"
Toodles
https://t.co/PXp3iHAvyW
On August 10, 1937, a quiet 21-year-old named Claude Shannon submitted an 85-page thesis at MIT. No headlines. No applause. Just another paper that seemed destined to be forgotten. But inside those pages was a revolutionary idea: machines could think using simple logic, 1s and 0s, ON and OFF. By linking Boolean algebra with electrical circuits, Shannon transformed switches into decision-makers. That single insight became the foundation of the digital world. Every computer, smartphone, and algorithm traces back to it. History did not roar that day. It whispered. And from that whisper, the modern world was born, one bit at a time.
UNREAL:
Vanguard just bought $680,000,000 of $MSTR.
$12,000,000,000,000 in assets.
The most conservative money on Wall Street.
Not a hedge fund chasing pumps.
Not retail buying hype.
The most boring. Careful.
Long-term money in existence.
Quietly front-running a structural shift.
$MSTR isn't a stock.
It's a Bitcoin proxy.
And when $12,000,000,000,000 in conservative capital starts moving.
You stop watching headlines.
You watch the flows.
The flows just moved.
βThe cowards never started.
The weak died along the way.
That leaves us.β
β Phil Knight, Nike founder
When I read that opening, I thought:
That is Bitcoin.
Most never buy.
Most will buy too late.
Most will sell too early.
Most cannot survive the drawdowns, headlines, boredom, leverage wipes, and years of doubt.
Bitcoin does not transfer wealth from the impatient to the patient.
It transfers wealth from fragile conviction to unbreakable conviction grounded in deep understanding.
That leaves us.