Actual progress comes from hard-to-build technology.
Which comes from competitive, creative, free-market capitalism.
Which comes from one small, precarious area and then diffuses to the rest of the world.
Snuff that out, and it’s global stagnation for an extremely long time.
Today, His Majesty the King of Bhutan signed the royal approval for the Gelephu region to establish a new central bank explicitly authorized to hold Bitcoin reserves. 🇧🇹
The nation-state game theory is playing out in real time. ♟️⚡
@zoecabina Lee Kuan Yew from third world to first is a fascinating look at the trials and tribulations of building a nation. Amazing read. An incredible insight into the the strength and vision of Lee Kuan Yew. Highly recommend 👍
JUST IN: 🇹🇭 THAILAND'S SUPREME COURT JUST OFFICIALLY RECOGNIZED #BITCOIN AS PROPERTY UNDER LAW
ASIA IS GOING ALL IN ON BTC
NATION STATE GAME THEORY PLAYING OUT 🔥
@TheCinesthetic And lastly: Everything Everywhere All at Once by Daniel Scheinert, Daniel Kwan. Fun film that explores ideas of love, regret, oneself & the decisions we make everyday that change us.
LIGHTNING LABS LAUNCHES WAVELENGTH ON BITCOIN MAINNET, ENABLING AI AGENTS TO MAKE AUTONOMOUS PAYMENTS
Lightning Labs has opened Wavelength to everyone, allowing AI agents to send and receive Bitcoin payments over Lightning without human approval for each transaction.
Agents can autonomously pay for API calls, purchase data, and transact with other agents for fractions of a cent using Lightning and L402, without credit cards, accounts, or API keys.
Developers can integrate payments into apps without running Lightning nodes, managing channels, or sourcing liquidity.
The self-custodial toolkit supports independent on-chain exits, with initial limits of 300,000 sats per wallet and a 0.25% service fee on Lightning payments.
Wavelength remains in alpha, with stablecoin support planned.
A farmer, tired of rats destroying his crops and stealing his grain, came up with a clever but cruel plan. He threw a dead pig into a deep, abandoned well. Attracted by the smell, nearly 80 rats rushed into the well to feast on the carcass. At first, everything seemed wonderful. There was more than enough food for everyone, and the rats ate until they were satisfied.
But when the food was gone, they discovered something terrifying. The walls of the well were too steep to climb. They were trapped. Days passed, and hunger turned into desperation. Desperation turned into aggression. The rats that had once eaten peacefully beside one another began fighting for survival. Eventually, they began killing and eating each other.
One by one, their numbers dwindled until only a single rat remained. Its eyes were bloodshot, and it had survived by consuming its own kind. Then the farmer returned, lowered a rope into the well, and rescued the last surviving rat. But he didn't save it out of kindness or compassion.
The farmer knew the rat had learned to survive by hunting other rats. When he released it into his fields, it would continue killing its own kind instead of eating his grain. The farmer had turned his enemy into his greatest weapon.
And that is the lesson of divide and conquer. Those who control the trap don't need to fight the battles themselves. They simply create the conditions in which others turn against one another.
The rats believed their enemies were the other rats. They never realized that the true enemy was the farmer who had put them there.
The greatest danger isn't always the enemy standing in front of you. Sometimes it's the one who created the conflict and stands quietly watching you destroy each other.
Before you turn against your neighbor because of their political beliefs, ask yourself who benefits from keeping Americans divided. While we fight each other over Republican and Democrat, we may be overlooking those who profit from the conflict. Perhaps the real question isn't which side you're on, but who built the well—and why they want us fighting at the bottom of it.
First they ignore you, then they laugh at you, then they fight at you, then they add you to their Long-Term Capital Markets Assumptions paper and predict you'll be the best-performing asset of the next decade.
Bitcoin is raw financial energy. Strategy transforms it into Digital Credit.
At noon today, I joined @TimSteno and @CarolMassar on Bloomberg @Crypto to discuss Bitcoin’s bull market setup, AI and scarcity, and the future of Digital Credit.
00:48 - Bitcoin bull market setup: headwinds rotating into tailwinds
01:55 - AI, scarce capital, and assets robots cannot create
03:05 - Digital Capital, Digital Credit, and Strategy’s outperformance
04:16 - Bitcoin as raw financial energy
06:32 - Strategy as a structured finance company: Bitcoin, dollars, equity, and credit
08:49 - Bull market strategy: acquiring Bitcoin and issuing Digital Credit
10:20 - Investor time horizons: money markets, $STRC, $BTC, and $MSTR
12:26 - Strategy’s advantage: high-performance Digital Credit built on high-performance capital
The future of Bitcoin is the future of finance.
This morning at the World Bank, I joined Chris Brummer, Founder & CEO of The Fintech Foundation, for a 25-minute fireside chat at DC Fintech Week. @fintechthinksdc
00:52 - Strategy as a reserve institution built on Digital Capital, Digital Credit, and Digital Equity
01:32 - Bitcoin as Digital Gold, Digital Capital, and the foundation for a new financial system
03:19 - Strategy as a private central bank for the crypto economy
06:54 - Manufacturing Digital Credit backed by USD reserves and Bitcoin
08:08 - Return of capital, tax-deferred dividends, and scalable fixed income
09:17 - How Digital Credit amplifies Bitcoin per share for $MSTR equity holders
12:17 - Bitcoin headwinds and tailwinds: policy, liquidity, bank adoption, and AI capital flows
13:12 - Bitcoin-backed bank credit and the impact of $10B in new lending
16:20 - The triple reflexive flywheel: Bitcoin price, reserves, credit risk, and equity premiums
18:25 - Quantum risk, AI hacking, and why Bitcoin can upgrade when consensus forms
We've secured @Strategy on YouTube.
All of Strategy's Bitcoin content now has a dedicated home, from earnings calls and investor Q&As to conversations with @Saylor, @PhongLe, and more.