Pierre l Rochard

Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin

[Jason Scharf @Jason_A_Scharf]

Is Bitcoin national security infrastructure or just another financial flashpoint?

On this episode of Austin Next, I sit down with @MorgensternNJ, Head of Public Policy at @RiotPlatforms

We dig into:
• Programmable energy demand
• Bitcoin’s role in national security
• Why Texas is the center of energy–tech convergence
• Stablecoins, strategic reserves, sovereign funds

What’s Next, Austin?

“Bitcoin miners, AI, energy, all getting married in Texas to make the U.S. the leader of the world.”

[James Chanos @RealJimChanos]

@PrestonPysh My mother always told me to never go to a fight you’re invited to, but in this case I’ll make an exception. DM me with a proposal.

[Matthew Pines @matthew_pines]

Bitcoin Treasury Companies are geographic/capital market arbitrage wrapped inside financial engineering wrapped inside a meme all wrapped around a high vol fixed supply digital asset undergoing speculative monetization amid a generational debt cycle and geoeconomic reordering.

[Sam Callahan @samcallah]

People bang their heads against the wall when they realize all they had to do was buy Bitcoin, forget about it, & hold it for 10 years.

They think, “It was so easy. I could’ve done that! How was I so dumb!?”

Ironically, that’s still all they have to do today. But how many will?

[Mike White @mjwhitemjwhite]

😂😂😂

[Pierre Rochard @BitcoinPierre]

Bitcoin is so early, they still think we are ponzi cult bros.

[💥₿💥 🚜🫒🕊️ @UKbitcoinHODL]

HODL

[Pierre Rochard @BitcoinPierre]

Loss aversion makes allocators overweight the salience of Bitcoin crashes relative to its historically fat-tailed right skew, anchoring fair value too low. Status-quo bias and the endowment effect entrench legacy treasury assets while underappreciating the utility value of censorship resistant collateral. Availability bias focuses narratives on price volatility rather than on regime-change scenarios like monetary debasement, counterparty failures, capital controls, in which a bearer asset becomes disproportionately valuable. Because these cognitive errors are correlated across institutional committees, they create systemic mispricing that a smaller pool of unconstrained capital cannot fully arbitrage away.

A Bitcoin Treasury Company that accrues satoshis on a per-share basis while financing itself below Bitcoin’s expected appreciation rate can compound intrinsic value in a way that spot BTC ownership cannot. Paying 2–5 × spot for that structure can be rational if the embedded debt-raising optionality drives per-share BTC growth at a rate the market systematically underestimates, because it misjudges both behavioral constraints and the convex payoff of long-dated scarcity.

[Nakamoto @nakamoto]

And we’re live!

[TFTC @TFTC21]

Dylan LeClair: "#Bitcoin is a $100 trillion idea. MicroStrategy is the biggest story in corporate finance."

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: Billionaire Paul Tudor Jones said Bitcoin, gold, and stocks are the "best portfolio to fight inflation." 👀

[Bitstein @bitstein]

"You miss 100% of the sats you don't try to stack."
– Wayne Gretzky

[Whale Alert @whale_alert]

🚨 🚨 🚨 🚨 🚨 725,599 #SOL (105,693,747 USD) transferred from unknown wallet to unknown new wallet

https://t.co/qjY1ZJSEpg

[Tomasz K. Stańczak @tkstanczak]

EF Treasury Defipunk submission form for the projects that would like to participate:

https://t.co/XMqsvchMUc

[hww.eth | Hsiao-Wei Wang @hwwonx]

Privacy is normal, and writing code is not a crime.

[Ethereum Foundation @ethereumfndn]

The EF is donating $500K to the legal defense of Roman Storm, and we will match up to a further $750K in donations from the community.

Privacy is normal, and writing code is not a crime.

[Octant @OctantApp]

We're excited to be cohosting d/acc Berlin this year with @VitalikButerin

We've got an action-packed day tomorrow starting with a keynote by @julianzawist followed by @tkstanczak and @koeppelmannn

Join us tomorrow 👇

[MariusVanDerWijden @vdWijden]

You can't spell DeFi without EF 🚀🚀🚀

[vitalik.eth @VitalikButerin]

EF treasury policy, key highlights:

[vitalik.eth @VitalikButerin]

And the transparency policy. Privacy is not about hiding everything, it's about having control over what and how you share.