Saylor spent 5 years saying that Ethereum was unethical money, and now he is onboarding people into ERC-20 tokens. Bitcoin adoption means moving families onto a Bitcoin standard, not selling them securities and using it to build the future 6102 attack honeypot at large US custodians
Just posting this as a reminder.
For years I’ve warned that Bitcoin wasn’t just attracting retail investors and crypto speculators, it was being integrated into the financial-industrial complex through Wall Street wrappers, leverage, and structured products.
Many celebrated this as adoption.
I warned that it would eventually create the same systemic risks that Bitcoin was designed to escape.
My view has always been that these vehicles were not built to disrupt the financial system.
They were built to extend it.
The next major correction was always likely to come from a leverage unwind.
First it was Bitcoin company-native leverage. Next it would be Wall Street leverage.
If you’re wondering whether the current market action is connected to that thesis, these two articles explain exactly what I was watching for and the strategy I suggested to prepare for it:
Will J.P. Morgan & Saylor Crash Bitcoin?
https://t.co/zHKIdrzvWN
Jane Street’s Silent War on Bitcoin’s Price
https://t.co/6nV9EN53Pq
Don’t confuse Bitcoin with the financial products built around Bitcoin.
One is designed to separate money from the financial-industrial complex.
The other is designed to bring Bitcoin into it.
And stop worshiping celebrities wrapped in public companies.
They are on a different side of Bitcoin than us.
For those building a long-term self-custody Bitcoin position through dollar-cost averaging, this gets you more Bitcoin for the same amount of fiat.
Value your wealth in the amount of Bitcoin and Gold you accumulate if you want to see through the optical illusion of fiat currency.
A reminder: the financial industrial complex wants your Bitcoin in their custody, a loan against it, and your attention focused on gambling with ETFs, $MSTR, $STRC and perpetuals.
Self-custody your Bitcoin.
Run a node.
Have a ten year plan, rather than a ten minute plan.
Do the opposite of what they want you to do.
The $MSTR mission creep I always said would come.
Even though Strategy doesn’t need the money, it is conditioning investors to believe that selling Bitcoin to fund dividends and yield is a normal part of the new Strategy playbook.
The result is a structure that normalizes Bitcoin distribution back into the market whenever cash flow is needed to support dividends and yield.
In effect, they’re building the infrastructure for short-term Bitcoin price management while training investors to view it as prudent capital allocation.
A gift to the Financial Industrial Complex.
Bitcoin was designed to separate money from the financial system.
The FIC wants Bitcoin integrated into the same system of custodians, leverage, yield products, and paper claims that dominate traditional finance.
Strategy accelerates that transition by making Bitcoin sales, dividend policies, and yield engineering part of the accepted model.
It is what it is.
Bitcoin can be used by anybody.
But Bitcoin in self-custody is the resistance.
In the long run, the FIC doesn’t want you to own Bitcoin. It wants to custody your Bitcoin, tokenize your Bitcoin, lend your Bitcoin, and issue paper claims against your Bitcoin.
The goal is simple: keep you a paper-Bitcoin slave while they accumulate the real asset instead of you.
Not your keys.
Not your Bitcoin.
IMO, there is a reason @adam3us and @saylor invited @mattkratter to rub elbows with the high priests of Bitcoin.
They wanted to make sure he was going to toe the line.
They wanted to be able to put social pressure on him to ensure, when the time came, he was going to parrot the talking points just like every other captured influencer.
Fortunately for bitcoiners, Matt is made of stronger stuff.
Only someone who wrote speeches for Donald Trump in 2015, voted for him three times and lost friends defending him can fully understand how painful the current betrayal is. Uncle Buck explains.
0:00 Monologue
2:20 Why Did Buckley Support Trump So Early On?
13:14 John McCain Leading the Charge Against Big Tobacco
23:55 Obama’s Presidency and Buckley’s Speeches for Trump
41:17 Reminiscing About the Trump We Had in 2020
48:16 Trump's Hatred of WASPs and His 2016 Victory Party
1:02:44 Homosexuality in Politics, Caretaking, and Ben Shapiro
1:10:20 The Failures of Trump
1:26:01 When Support for Trump Became Dissent
1:32:37 Trump’s Failure to Stand Up for Americans
1:41:22 Trump’s Failure to Investigate Charlie Kirk’s Assassination
1:48:13 The Epstein Files, 9/11 Files, and JFK Files
1:50:52 Trump’s Betrayal of Marjorie Taylor Greene
2:00:09 Has This Been the Plan? Where Does This Go?
2:13:24 Does Buckley Feel Personally Threatened?
The final simulation of Ben Davidson's model at 0.05° with 5.5M cube cells globally. I think I've hammered out the 'under the hood' physics as much as possible. I'll also have an article later today simulating Zacharias' pole location at the same zoom.
I'm moving into building out 0.01° with 138M cube cells globally now, though. That will be my final addition. Additionally, I will try to integrate the results into a user-interactive tool for max fun. Each simulation at that zoom level will take days though, so it will be a slow going process. 🫡
Another one bites the dust.
Cantor, Lutnick, & the financial-industrial complex are wrapping as many Bitcoiners as possible into collateralized debt obligations for the financial-industrial complex.
✅ Jack Mallers
✅ Adam Back
✅ David Bailey
☑️ Next…?
There are few bitcoiners left in the entire bitcoin community which give high signal to noise ratio and one of them is @mattkratter.
Must watch clip about how bitcoin is (actively) being subverted into (inefficient) data storage from best money humanity has ever seen.
BIP110 IS THE LAST CHANCE TO STOP THIS SUBVERSION.
cc @knutsvanholm@BtcInfinityShow
The biggest mass rituals on Earth such as the FIFA World Cup, watched by billions, serve as the perfect vehicle for subtle programming. While the world is distracted by goals, celebrations and tribal emotions, global influencers like Cristiano Ronaldo are positioned as role models who openly promote “Save the Planet.” The more people cheer for Ronaldo and the World Cup, the more they unconsciously accept the narrative that fewer humans = a healthier planet. Deprogram yourself, watch my Series https://t.co/VvDf4qP8aJ