Granola Goon

[Granola Goon @granolagoon]

@TheDesertLynx @Pledditor For you, perhaps

[Alexander Leishman 🇺🇸 @Leishman]

We just published this month's @River Proof of Reserves. You deserve to know your Bitcoin is safe.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

I literally wrote a book on the “monetary debasement trade” and it is unfolding in spades as I predicted. All the media outlets are now recognizing and discussing this trend. It is happening fast (think Silicon Valley Bank failure fast) and yet media requests to have me discuss what is happening? Zero. Crickets. Come on folks my book nailed this! People need to learn how to protect themselves!
@CNBC @CNBCnow @JoeSquawk @FoxNews @cvpayne @CNN @cnnbrk @business @markets @MSNBC

[Cory 🦢 Real Bitcoin @ Swan.com @CorySwan]

I REMEMBER WHO I WAS WITH WHEN BITCOIN HIT $126K

[San Francisco Police @SFPD]

SFPD officers seized six dirt bikes and an ATV, and made four arrests this past Sunday during a crackdown on dangerous stunt driving and other illegal activity in SF.

The operation involved coordination between numerous officers and used cutting-edge technology like ALPRs, drones, and surveillance cameras. Great work by all members involved!

🔗 https://t.co/59sxpKlJ6d

[Michael Saylor @saylor]

Strategy has acquired 850 BTC for ~$99.7 million at ~$117,344 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 9/21/2025, we hodl 639,835 $BTC acquired for ~$47.33 billion at ~$73,971 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/rG5pvryeYL

[Alexander Leishman 🇺🇸 @Leishman]

Be very wary of:

1. Going into debt against your Bitcoin
2. Investing in SPACs with "trust me bro" strategies designed to enrich insiders at your expense

[Max Keiser @maxkeiser]

Financial engineers (Saylor & Vivek) are using AI to invent novel security structures to maximize the Bitcoin Treasury model.

The results are redefining finance globally and adding significantly to the Bitcoin demand.

OG’s like myself who have watched Bitcoin outperform everything for 15 years —- are seeing for the first time investment strategies that are outperforming Bitcoin.

The implications are profound.

It implies that the extraordinary compounding rates of the past can be extended even as Bitcoin captures more of Total Addressable Market and scales ever higher price points.

[Richard Byworth ∞/21M @RichardByworth]

Looking forward to sitting down with @gerovich to discuss all things @metaplanet at the @SyzCapital annual summit in Zurich, next week

Recording will be released on @SyzTheFuture

[Preston Pysh @PrestonPysh]

I'm not a big fan of technicals, but the weekly MACD on BTC is quite 🤔!

[Heidi @blockchainchick]

A lot has changed since we first bought Bitcoin in 2012. Not everything for the best.

Back then nobody would cheer at the thought of BlackRock getting involved, the opposite in fact. It’s painful to see people cheering on regulation just so the price can pump.

We got into Bitcoin with the hope of something new, a free and fair world. That visions slipping under the rug right now and it’s sad to see.

[Richard Byworth ∞/21M @RichardByworth]

I have to ask, who on earth is selling Bitcoin? - it’s amazing to see that there is still supply here…

[Granola Goon @granolagoon]

@Kneon Don’t hide your hand now 😆

[Granola Goon @granolagoon]

@sidkal @lopp “one of”

* Key difference there, to be fair fair

[Cory 🦢 Real Bitcoin @ Swan.com @CorySwan]

THE AGE OF SCAMBLING
Trump Coin and the Wild West of Non-Bitcoin Crypto

By @coryswan
January 20, 2025

Bitcoin continues to mature into a stable and resilient network—a digital fortress of sound money immune to the whims of the powerful. Meanwhile, its lesser imitators, generally known as “crypto,” have taken a different turn, one characterized by a mix of scamming and gambling. This can be termed “SCAMBLING,” where dubious non-Bitcoin cryptocurrencies and digital assets blend hype, speculation, and outright fraud. Aided by lax oversight and a newly cozy relationship with legislators and regulators, scambling is set to flourish on a massive scale.

TRUMP Coin vs. Altcoins
Non-Bitcoin crypto assets, from Ethereum’s so-called “world computer” to the newest memecoins, are products of a hyper-speculative market, where the lines between innovation and exploitation blur more every day. Nothing embodies this trend more brazenly than the launch of the TRUMP and MELANIA tokens, originated by Donald Trump and his family.

Without the baggage of false innovation promises that saddle traditional altcoins, these memecoins draw gamblers in through a cult of celebrity, combining political allegiance with the thrill of high-stakes digital betting. There’s no value other than the thrill of hoping a greater fool buys in at a price higher than what you paid. And meanwhile the coin’s creators and insiders got their coins for free or cheap, and dump their coins on the gamblers. It’s scambling at its finest.

The celebrity-backed token is the natural outcome of a landscape where scambling is allowed to thrive. Crypto has managed to normalize an environment where hype takes precedence over substance, and the potential for a quick buck outweighs saving and investing.

Sports Gambling and Crypto Gambling
The overarching trend here is the continued bifurcation of society, with the wealthy focused on saving and investing, and the middle and lower classes increasingly drawn to sports betting and crypto gambling.

We’ve seen this play out over the past decade in Turkey. When the economy was working for the poor and middle classes, Bitcoin dominated the exchanges. As the economy suffered and the local currency weakened, the crypto market was overrun by memecoins and other pump-and-dump schemes. With little savings to put into buy-and-hold investments, most people now play markets like the lottery or a 7-step parlay, hoping for a short-term windfall.

In the United States, sports gambling and crypto gambling have increasingly merged. Their apps look the same. Their advertisements look the same. They sponsor the same types of shows, sporting events, and stadiums, and cross-advertise on each other’s media outlets. This is to be expected. They are both negative-sum games for the participant, but with anecdotes of some people winning big flooding advertising and social media channels, the urge to gamble is strong.

The Crypto Wild West
Cryptocurrencies other than Bitcoin exist in a murky regulatory space, one where the rules are unclear, and enforcement is often weak or nonexistent. Recently, a wave of lobbying has enabled crypto groups and companies to exercise unprecedented influence in Washington. Donations from the crypto industry now flood campaign coffers, ensuring that the powers-that-be take a softer approach. This new, light-touch regulatory framework for non-Bitcoin crypto projects is the direct result of millions of dollars spent on political donations, lobbying efforts, and influence campaigns by companies like Coinbase, Andreessen Horowitz, Circle, and the Ethereum Foundation, all of whom have managed to buy themselves more leeway.

The crypto companies and VCs have taken a page from the playbook of big tech and traditional finance, knowing that political contributions are the surest way to tilt the system in their favor. As these projects receive a pass, it is retail investors who pay the price when these house-of-cards schemes eventually crumble.

This newfound freedom for crypto has ushered in a modern-day “Wild West.” With lax oversight, non-Bitcoin crypto projects are free to grift without the constraints of consumer protections. Rigged token sales, celebrity endorsements, and thinly-veiled ponzi schemes are all allowed to proliferate under the guise of “innovation.” At first glance this might seem bullish for crypto, but let’s be clear: it’s a bonanza for scambling, not for actual innovation.

Bitcoin Stands Alone
Bitcoin, however, remains in a different category. It’s the only cryptocurrency that doesn’t need a lobbyist or a politician’s favor to survive and thrive. While scambling tokens maneuver to win the approval of regulators, Bitcoin operates on its own terms, outside the reach of centralized control. Bitcoin’s ethos is that it’s decentralized and permissionless; nobody controls it and it doesn’t need government regulation because its rules are both clear and inviolable. As regulators and politicians extend preferential treatment to the shiny new tokens paying their way into favor, they are inadvertently amplifying Bitcoin’s core value proposition: financial sovereignty and true decentralization. Bitcoin doesn’t need lobbyists because Bitcoin doesn’t need government to look the other way.

Despite the scandals and hype cycles that have come and gone in the broader crypto industry, Bitcoin stands apart. Unlike the TRUMP coins, Bitcoin has no marketing team, no PR machine, and no centralized authority hyping its value. It is held up by the community that runs its protocol and the decentralized network that emerges. This is why Bitcoin will nonetheless thrive in this era of scambling, despite Bitcoin being the only honest player at the table. As the market for scambling inevitably collapses under the weight of its own false promises, Bitcoin will remain, unshaken and resilient.

Fortunately, as the Age of Scambling proceeds, more people will see the value of Bitcoin’s slow-and-steady, deliberate design. Bitcoin was never intended to be a get-rich-quick scheme, and its value comes not from empty promises but from the integrity of its protocol and the community that upholds it. Every crypto token that crashes and every rug-pull scandal that unfolds serves as a reminder of Bitcoin’s resilience.

In the end, Bitcoin doesn’t need celebrity endorsements, marketing gimmicks, or political handshakes to survive. It is inherently different from crypto. It has withstood every market cycle, every regulatory threat, and every wave of speculative mania. While regulators continue to court crypto lobbyists and embrace this age of scambling, Bitcoin’s role becomes even more apparent: a reliable, unyielding store of value for those who recognize the difference between substance and spectacle. The Age of Scambling may have arrived, but it will be Bitcoin that endures.

Thank you for reading. Please consider sharing this post.

[Granola Goon @granolagoon]

Google Gemini team after their latest release

#GulfOfMexico #GulfOfAmerica #GoogleMaps #Gemini #GoogleGemini

[Stack Hodler @stackhodler]

In previous bull runs, long-term Bitcoin holders unloaded their coins into weak hands as the price ran up.

But today, they are selling straight into Michael Saylor's black hole.

Saylor and Strategy are gobbling up an enormous amount of Bitcoin at every level of long-term holder profit taking.

This is resulting in the stair-stepping price action that has characterized this bull run.

It's almost like he wants to destroy all your models?

Thus there's one question we should all be asking:

What will run out first - Saylor's fiat money tap, or the available Bitcoin supply?

My bet's on the latter.

[Jameson Lopp @lopp]

Six men are accused of kidnapping three family members and a nanny from a Chicago townhouse in October and forcing them to transfer $15 million in cryptocurrency before releasing them five days later.
https://t.co/txILHE1B07

[Saifedean Ammous @saifedean]

It's nice that politicians are pandering to bitcoiners, but promises are cheap. There is a major insurmountable obstacle to the US govt buying bitcoin: The US govt does NOT own or control the US Federal Reserve, which is a cartel of private banks. The US President can't just tell this cartel what to do with their reserves. The US dollar is the sacred cow of this cartel, and it's how they rob the entire planet. They're not about to give up this racket because some politician made a promise whose implications he doesn't understand. They're not going to buy a million bitcoins, because a commitment to purchase bitcoin will just encourage everyone to dump their dollars and buy bitcoin, and destroy the value of the dollar and their ability to rob the world with it. If you think they managed to build this century-old cartel while being stupid enough to fall for this or powerless enough to stop it, you're going to be disappointed to find out they're actually just evil.

But can't the US government buy bitcoin itself, without the Fed? With whose money exactly? The US government is fiscally irresponsible and its biggest expense is debt servicing. There are good reasons your irresponsible debt slave friends never get bitcoin and keep laughing at you when you bring it up. Irresponsible high time preference people and institutions don't understand the concept of long term savings. More importantly, the US government needs the Fed to buy its debt and keep its Treasury ponzi going. Buying bitcoin in spite of the Fed's opposition is a full-on declaration of war by the US government against the Fed and the fiat dollar, and that's just not something that Trump, or Kennedy, is up for. Trump has repeatedly praised the Fed. Kennedy wants to implement some ridiculous low interest rate subsidized home lending scheme only possible with the Fed creating cheap money. These men are not Andrew Jackson, nor are they even trying to be him.

The real enemy of bitcoin, and humanity, is the Fed. The US government is just its tool, and politicians are interchangeable actors that haven't mattered in decades. You're not going to destroy the Fed by promising to vote for one actor over another. Your only chance of destroying it is for bitcoin to grow larger than the dollar and Treasury bonds, and for dollar users to continue to get impoverished into oblivion while bitcoiners thrive with their superior technology. I humbly suggest you not waste time and sats on the politics circus, and work hard to stack sats instead.

[Luke Gromen @LukeGromen]

Sentiment check: Economist (@paulkrugman) who told Bernard Lietaer “never touch the money system”, wrote in 1998 the Internet would have less impact than the fax machine, & markets would “never” recover from Trump’s 2016 election says energy-linked BTC is “economically useless”👇