"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
LATEST: More than half of all $BTC in circulation is now held at an unrealized loss, a signal that has coincided with every major bear market bottom in history.
$RLUSD is institutional-grade infrastructure for payments and tokenization.
Through @wormhole’s Native Token Transfers (NTT), $RLUSD can now move natively across multiple blockchain ecosystems, supporting cross-border payments, institutional on/off-ramps, and tokenization use cases.
For developers and institutions building onchain, that expands access to compliant, USD-backed liquidity across supported networks.
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."
🇺🇸 TREASURY SECRETARY SCOTT BESSENT SAYS THE STRATEGIC #BITCOIN RESERVE IS "PROCEEDING WITH SPEED"
“I LOOK FORWARD TO THE CLARITY ACT PASSING THIS SUMMER” 👀
LET’S GO! 🚀
LATEST: ⚡ The Blockchain Association released a letter from 160 former national security, intelligence and law enforcement professionals urging Senate leaders to advance the CLARITY Act.
When marginal Bitcoin holders sell to chase AI he sells his BTC. This sell off has nothing to do with fundamentals of those of us who have a business built around BTC.
JUST IN: 🇺🇸 Treasury Secretary Scott Bessent says he's looking forward to working with lawmakers on the Strategic Bitcoin Reserve 👀
"We are proceeding with all deliberate speed. And we are making sure...we use best practices and things will be durable for the future" 🚀
Today, Mastercard is announcing plans to expand settlement capabilities to include stablecoin, intraday, holiday, and weekend options, giving partners more choice in how and when transactions are settled. That means we’re:
✅ Enabling greater choice to settle in fiat or regulated stablecoins
✅ Improving liquidity management for time sensitive, cross border flows
We’re supporting settlement with @Circle’s USDC, @Paxos-issued stablecoins including USDG,USDP and @PayPal’s PYUSD, @Ripple’s RLUSD and @SoFi’s SoFiUSD across a range of supported blockchain networks including Arbitrum, @Coinbase’s Base, @CantonNetwork’s Canton, Ethereum, @0xPolygon, @Solana, @Tempo and XRPL. ARQ Finance, CBW Bank, @crossriverbank, @Lead_Bank and @Nuvei will be among the first to support.
NEW: @Mastercard expands settlement to support regulated stablecoins including $USDC, $RLUSD and $PYUSD across Ethereum, Solana, Base, Arbitrum and XRPL.
Excited for Coinbase to be live in India 🇮🇳with direct INR rails. Sign up today and try it out!
Deposit and withdraw available now for some users (rolling out to 100% over next ~2 weeks).
India is arguably the number one crypto market globally (by number of users).
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.