pudgyeats

finding the world’s best food gems 💎

[jasonchewyl @jasonchewyl]

Thursday I’m moderating the only Bitcoin panel at @MalaysiaBCW where I’m keen to unpack the work on institutional frontlines even in this period when Bitcoin sentiment is all time low.

📍: World Trade Centre, Kuala Lumpur
📅: 29–30 July 2026
🎟️: https://t.co/g0lqOvZm4S

#MYBW26

[jasonchewyl @jasonchewyl]

Volatility scares tourists. Conviction rewards.

[Code Orange Dev School @CodeOrangeDevs]

We love to see more technical workshops popping up across communities thanks to @btceducationhub and the @FrostsnapTech team. Well done 🙌

Register here: https://t.co/5u8q5HTp4j

[jasonchewyl @jasonchewyl]

@CodeOrangeDevs lands in 🇲🇾 on Oct 18.

[jasonchewyl @jasonchewyl]

𝗪𝗵𝘆 𝗦𝗮𝘆𝗹𝗼𝗿 𝗪𝗶𝗹𝗹 𝗦𝘂𝗿𝘃𝗶𝘃𝗲 𝗘𝘃𝗲𝗻 𝗮𝗻 𝗘𝘅𝘁𝗿𝗲𝗺𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗿𝗶𝗰𝗲 𝗖𝗿𝗮𝘀𝗵 𝗼𝗳 𝟴𝟱% 📉

Last week at Bitcoin Asia 2025, Jeff Walton (@PunterJeff) delivered a quote that caught my attention.

“𝘛𝘩𝘦 𝘱𝘳𝘪𝘤𝘦 𝘰𝘧 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘤𝘰𝘶𝘭𝘥 𝘧𝘢𝘭𝘭 85%, 𝘢𝘯𝘥 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘸𝘰𝘶𝘭𝘥 𝘴𝘵𝘪𝘭𝘭 𝘣𝘦 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘱𝘢𝘺 𝘰𝘧𝘧 𝘪𝘵𝘴 𝘭𝘪𝘢𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴 𝘪𝘯𝘵𝘰 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦.”

But how? Most people view Strategy Inc as a levered Bitcoin casino, a liquidation time bomb waiting to happen.

If the statement holds true (Strategy can withstand an 85% drawdown), that’s not gambling in my book— it is a rare type of resilience.

That’s exactly why I decided to dig deeper, tracing every Bitcoin financing decision @MicroStrategy made since 2020 to 2025.

Let’s explore together >>> 🧵

[jasonchewyl @jasonchewyl]

🍕🥷 #BitcoinAsia2025

[jasonchewyl @jasonchewyl]

@RoxomTV @countbtc @LeveredUSTs Bitcoin is not a hedge.
Bitcoin is the wedge.
- Matt Dines @LeveredUSTs

[jasonchewyl @jasonchewyl]

Bitcoin Summit is lit 🔥

[Harpreet Singh Maan @0xHarpreet]

Should Malaysia hold #Bitcoin in its national reserves? 🇲🇾

We explore the geopolitical drivers, a strategic blueprint for execution, and the crucial roles of @BNM_official , @SecComMalaysia & @kemdigital_gov.

Read the full analysis on Medium: https://t.co/1vo7ArkBOT

Commissioned by @accessmalaysia

#Crypto #FinancialSovereignty #DigitalAssets #BNM #Malaysia #BitcoinReserve

[jasonchewyl @jasonchewyl]

𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 🇲🇾

“𝘞𝘩𝘢𝘵 𝘸𝘰𝘶𝘭𝘥 𝘺𝘰𝘶 𝘴𝘶𝘨𝘨𝘦𝘴𝘵 𝘵𝘩𝘦 𝘗𝘳𝘪𝘮𝘦 𝘔𝘪𝘯𝘪𝘴𝘵𝘦𝘳 𝘥𝘰 𝘵𝘰 𝘶𝘯𝘥𝘦𝘯𝘪𝘢𝘣𝘭𝘺 𝘤𝘦𝘮𝘦𝘯𝘵 𝘔𝘢𝘭𝘢𝘺𝘴𝘪𝘢 𝘢𝘴 𝘢 𝘤𝘳𝘺𝘱𝘵𝘰 𝘩𝘶𝘣 𝘪𝘯 𝘈𝘴𝘪𝘢?”

That was the question posed to me on stage at Malaysia Blockchain Week last Monday.

My answer? Establish a National Bitcoin Reserve.

_____________________________________

But why Bitcoin and why now?

Here are 6 additional reasons I offer to contextualize:

𝟭. 𝗧𝗵𝗲 𝗕𝗶𝗴𝗴𝗲𝘀𝘁 𝗦𝗶𝗴𝗻𝗮𝗹
A national Bitcoin reserve sends the clearest message: that Malaysia understands Bitcoin, has the leadership maturity to manage it, and is preparing its people for the next monetary era.

𝟮. 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗜𝘀 𝘁𝗵𝗲 𝗠𝗼𝘀𝘁 𝗦𝗼𝘃𝗲𝗿𝗲𝗶𝗴𝗻 𝗣𝗹𝗮𝘆
Skepticism is exactly why the opportunity still exists. Many still conflate Bitcoin with memecoins, NFTs, or scams. But Bitcoin is fundamentally different— a sovereign-grade asset with unmatched resilience, transparency and verifiable scarcity. As global understanding matures, the window for asymmetric advantage is closing.

𝟯. 𝗜𝘁 𝗣𝗮𝘆𝘀 𝘁𝗼 𝗕𝗲 𝗘𝗮𝗿𝗹𝘆
Only a handful of countries (e.g. El Salvador, Bhutan, the U.S., Pakistan) have acknowledged sovereign Bitcoin holdings. If Malaysia moves now, it has a chance to stand out as a leader—attracting global thought leaders like @saylor, @LynAldenContact, and @saifedean to take notice.

𝟰. 𝗖𝗼𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗶𝗼𝗻 𝗧𝗮𝗸𝗲𝘀 𝗧𝗶𝗺𝗲
Establishing legal clarity, custodial infrastructure, and inter-agency coordination doesn't happen overnight. Like the U.S. formalizing its seized crypto frameworks, Malaysia must begin laying the groundwork now. It only takes political will.

𝟱. 𝗕𝘂𝗶𝗹𝗱 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲
Bitcoin offers a non-correlated hedge against global monetary instability. It is resistant to currency debasement, geopolitics, and foreign influence. A resilient nation needs stores of value that are borderless, incorruptible, and self-custodiable.

𝟲. 𝗥𝗲𝘃𝗲𝗿𝘀𝗲 𝘁𝗵𝗲 𝗗𝗿𝗶𝗳𝘁: 𝗙𝗿𝗼𝗺 𝗦𝗮𝘃𝗲𝗿𝘀 𝘁𝗼 𝗗𝗲𝗯𝘁𝗼𝗿𝘀
Debt has long played a massive role in nation-building— enabling skyscrapers, highways and urban transformation. But in an age of global monetary debasement, rising living costs and widening inequality, its worth asking: is debt the only way?

𝗔 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 𝗼𝗳𝗳𝗲𝗿𝘀 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮 𝗮 𝗽𝗮𝘁𝗵𝘄𝗮𝘆 𝘁𝗼 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗶𝗻𝘁𝗼 𝗮 𝘀𝗮𝘃𝗶𝗻𝗴𝘀 𝗯𝗮𝘀𝗲𝗱 𝗻𝗮𝘁𝗶𝗼𝗻.

Unlike traditional reserves, Bitcoin doesn’t degrade over time. It rewards patience, planning, and fiscal discipline. This shift won't happen overnight—but the strategic upside is greatest for nations that act in the next 5–10 years.

𝗖𝗵𝗼𝗼𝘀𝗲 𝘄𝗶𝘀𝗲𝗹𝘆, 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮.

[jasonchewyl @jasonchewyl]

🟠 𝗕𝗶𝘁𝗰𝗼𝗶𝗻: 𝗔 𝗡𝗮𝘁𝗶𝗼𝗻’𝘀 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 🇲🇾

I honestly didn’t expect it to turn out this well.

I often doubted myself—

𝘑𝘢𝘴𝘰𝘯, 𝘸𝘩𝘰 𝘢𝘳𝘦 𝘺𝘰𝘶 𝘵𝘰 𝘵𝘢𝘭𝘬 𝘢𝘣𝘰𝘶𝘵 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘢𝘴 𝘢 𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘳𝘦𝘴𝘦𝘳𝘷𝘦? 𝘌𝘷𝘦𝘳𝘺𝘰𝘯𝘦 𝘫𝘶𝘴𝘵 𝘸𝘢𝘯𝘵𝘴 𝘲𝘶𝘪𝘤𝘬 𝘱𝘳𝘰𝘧𝘪𝘵𝘴. 𝘞𝘩𝘰 𝘸𝘰𝘶𝘭𝘥 𝘨𝘦𝘯𝘶𝘪𝘯𝘦𝘭𝘺 𝘣𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘦𝘥?

𝗕𝘂𝘁 𝟵𝟬 𝗽𝗲𝗼𝗽𝗹𝗲 𝘀𝗵𝗼𝘄𝗲𝗱 𝘂𝗽 𝗶𝗻 𝘁𝗼𝘁𝗮𝗹.

Over 50 paid a full ticket price to learn about Bitcoin— understand its value to modern society and potential national relevance.

NGL. It was not easy to fill a room targeting the boomer generation— the most skeptical group of all. Many often would say, “Bitcoin is not for me, let the young deal with it.”

𝗕𝘂𝘁 𝗶𝘁 𝘄𝗮𝘀 𝗮𝗻 𝗶𝗻𝘁𝗲𝗻𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝗼𝘃𝗲 𝘁𝗵𝗮𝘁 𝗳𝗲𝗹𝘁 𝗿𝗶𝗴𝗵𝘁.

This is the demographic with the most to lose— having built decades of wealth. Many are retired, yes— but they still sit on boards, influence and shape policies.

So, the first group I want to thank is you— the guests. Thank you for your trust and coming with an open mind. 🧠

𝗣𝗹𝗲𝗮𝘀𝗲 𝗿𝗲𝗺𝗲𝗺𝗯𝗲𝗿: 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗱𝗼𝗲𝘀 𝗻𝗼𝘁 𝗿𝗲𝗾𝘂𝗶𝗿𝗲 𝗯𝗲𝗹𝗶𝗲𝗳— 𝗼𝗻𝗹𝘆 𝗱𝗲𝗲𝗽 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴, 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗮𝗰𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝘆𝗼𝘂 𝘄𝗼𝘂𝗹𝗱 𝗱𝗼 𝘄𝗲𝗹𝗹.

And while our vision may be ambitious — for Malaysia to be home to the largest population of long term Bitcoin holders 🇲🇾— it can never be forced.

The 21 Rules of Bitcoin states you must benefit yourself first. This will lead to more interest to #StudyBitcoin.

Conviction will come naturally after. Only then will corporations, state agencies and a possible National Bitcoin Reserve emerge.

Our job is just to help this process faster. ⏩

[jasonchewyl @jasonchewyl]

𝗜𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮 𝗣𝗼𝗻𝘇𝗶?

I have been receiving a lot of variants of this question lately—

“𝘋𝘰𝘯’𝘵 𝘦𝘢𝘳𝘭𝘺 𝘩𝘰𝘭𝘥𝘦𝘳𝘴 𝘱𝘳𝘰𝘧𝘪𝘵 𝘧𝘳𝘰𝘮 𝘭𝘢𝘵𝘦𝘳 𝘰𝘯𝘦𝘴”
“𝘋𝘰𝘦𝘴𝘯’𝘵 𝘉𝘪𝘵𝘤𝘰𝘪𝘯’𝘴 𝘷𝘢𝘭𝘶𝘦 𝘤𝘰𝘮𝘦 𝘧𝘳𝘰𝘮 𝘳𝘦𝘤𝘳𝘶𝘪𝘵𝘮𝘦𝘯𝘵”
“𝘐𝘴𝘯’𝘵 𝘵𝘩𝘦 𝘪𝘯𝘤𝘦𝘯𝘵𝘪𝘷𝘦 𝘰𝘧 𝘱𝘳𝘰𝘮𝘰𝘵𝘪𝘯𝘨 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘵𝘰 ‘𝘱𝘶𝘮𝘱’ 𝘺𝘰𝘶𝘳 𝘣𝘢𝘨𝘴”

I had some time to think about it and I realise the differences are profound.

[𝟭] 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝗿𝗲𝗱 𝗹𝗮𝘁𝗲𝗿𝗮𝗹𝗹𝘆— 𝗻𝗼𝘁 𝘂𝗽 𝗮 𝗽𝘆𝗿𝗮𝗺𝗶𝗱.

Yes, early holders can gain significantly by selling— but when they do, it can only happen 𝗼𝗻𝗰𝗲. They forgo the future upside of holding Bitcoin and the holder base grows.

This redistribution has happened many times in Bitcoin’s history— during the first bull run when the earliest miners sell to over ten million non-zero wallets. It is an open free market; never unfair.

[𝟮] 𝗡𝗼 𝗴𝘂𝗮𝗿𝗮𝗻𝘁𝗲𝗲𝗱 𝗿𝗲𝘁𝘂𝗿𝗻𝘀. 𝗡𝗼 𝗰𝗲𝗻𝘁𝗿𝗮𝗹 𝗽𝗹𝗮𝘆𝗲𝗿. 𝗡𝗼 𝗽𝗿𝗼𝗺𝗶𝘀𝗲𝘀.

A Ponzi relies on a central operator orchestrating inflows and payouts—using new money to pay old participants.

Bitcoin has none of that.
No joiner bonus. No promised yield.

If you own Bitcoin, its yours.
No one owes you anything.
That’s not a Ponzi.
That’s self sovereignty.

[𝟯] 𝗙𝗿𝗼𝗺 𝗽𝗿𝗼𝗳𝗶𝘁-𝗺𝗮𝘅𝗶𝗺𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝘁𝗼𝘄𝗮𝗿𝗱 𝘄𝗲𝗮𝗹𝘁𝗵 𝗽𝗿𝗲𝘀𝗲𝗿𝘃𝗮𝘁𝗶𝗼𝗻.

The market structure has changed.

The incentive to shill Bitcoin for quick gains is fading… largely because they already sold.

Today, the loudest voices in Bitcoin are often advocating for education, long term wealth preservation, sovereignty and protection.

And we do not have to look far. Strategy— led by Saylor, remains the most aggressive buyer with over 90,000 Bitcoin added to their treasury in 90 days— bringing their total to 592,000 BTC.

𝗧𝗵𝗮𝘁’𝘀 𝗮𝗻 𝗮𝘃𝗲𝗿𝗮𝗴𝗲 𝗼𝗳 𝗯𝘂𝘆𝗶𝗻𝗴 𝟭𝟬𝟬𝟬 𝗕𝗧𝗖 𝗽𝗲𝗿 𝗱𝗮𝘆!

I anticipate many do not pay attention to how finite Bitcoin is and it is only my opinion: 𝟮𝟬𝟮𝟱 𝗺𝗶𝗴𝗵𝘁 𝗯𝗲 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝘆𝗲𝗮𝗿 𝘄𝗲 𝘄𝗼𝘂𝗹𝗱 𝗲𝘃𝗲𝗿 𝘀𝗲𝗲 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝘀 𝗹𝗶𝗸𝗲 𝘁𝗵𝗲𝘀𝗲.

——————————————————

One more reason I ❤️ Bitcoin so very much.

There is a natural limit nations and institutions can ever own. My estimate? No more than 20% of Bitcoin supply— as the rest is already in the hands of a decentralised base of users.

So, is Bitcoin a Ponzi?

𝙉𝙤𝙥𝙚.
𝙄𝙣 𝙛𝙖𝙘𝙩, 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝙞𝙨 𝙩𝙝𝙚 𝙖𝙣𝙩𝙞𝙩𝙝𝙚𝙨𝙞𝙨 𝙤𝙛 𝙞𝙩.

▪️ Transparent
▪️ Voluntary
▪️ Finite

And growing stronger with every cycle.

What do you think?

[jasonchewyl @jasonchewyl]

𝗜𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗼𝗻𝗹𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗿𝗶𝗰𝗵?

I was invited to speak about Bitcoin at @unimalaya this week.

Interestingly, 90% of this young group have never touched Bitcoin before.

Before the session began, I chose to sit among them. I wanted to feel the room — and I noticed a subtle tension, a quiet, resigned belief:

“𝗜’𝗺 𝘁𝗼𝗼 𝗹𝗮𝘁𝗲.”
“𝗜𝘁’𝘀 𝘁𝗼𝗼 𝗲𝘅𝗽𝗲𝗻𝘀𝗶𝘃𝗲.”
“𝗜𝘁’𝘀 𝗼𝗻𝗹𝘆 𝗳𝗼𝗿 𝗿𝗶𝗰𝗵 𝗽𝗲𝗼𝗽𝗹𝗲.”

This isn’t just a price concern — it’s a 𝗵𝗼𝗽𝗲 𝗰𝗼𝗻𝗰𝗲𝗿𝗻.

Many felt like they missed the boat. That this new financial system wasn’t built for them.

So I hope my presentation offered them a different lens. Bitcoin is just getting started…

Yes. Institutions are buying Bitcoin.
Yes. Nations are building reserves.

But the fundamentals remain the same:

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗶𝘀 𝗮 𝘀𝗮𝘃𝗶𝗻𝗴𝘀 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗳𝗼𝗿 𝗲𝘃𝗲𝗿𝘆𝗯𝗼𝗱𝘆.

— allowing you to save in something they can’t print.

You could feel the mental gears turning. Not because they instantly agreed, but because it reframed the conversation.

From 𝘀𝗽𝗲𝗰𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝘀𝗼𝘃𝗲𝗿𝗲𝗶𝗴𝗻𝘁𝘆.
From 𝗽𝗿𝗶𝗰𝗲 𝘁𝗼 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲.

That’s the magic of teaching.
Not to convert— but to spark clarity.

And when the questions started flowing, I knew something had clicked.

⸻

These moments matter.

They are our future leaders.

And sometimes, that starts with sitting beside them — not just speaking in front of them.

[jasonchewyl @jasonchewyl]

Would Lee Kuan Yew Buy Bitcoin?

Bitcoin was only 6 years old when Lee Kuan Yew passed in 2015.

10 years later, Pakistan has just announced plans to establish a Bitcoin Strategic Reserve— joining a growing list of nations embracing Bitcoin.

Hence I wondered:

“Would the Father of Singapore buy Bitcoin if he were alive today?”

Not for speculation.
Not for spectacle.

But to preserve purchasing power, ensure monetary sovereignty, and shield Singapore from global shocks.

That question led me to deep dive into his leadership.

After combing through 50+ sources, 7 key moments stood out — moments that suggest he just might say Yes.

Let’s explore (8/8) 🧵👇

[WGPX @WGPX_Racing]

🔊Highlights from Bitcoin Malaysia Conference🏁

Here is a reel from @btcmyofficial feat. the latest batch of new sim-racers debuted by none other than #WGPX, #Bitcoin's first ever #Simracing competition

Enjoy the sights, the sounds & remember to check us out on YouTube📹▶️https://t.co/xk2tCYbiHi

🛡️"All Roads lead to Bitcoin"🏎️🔥

#BTC #BTCNews #Blockchain #GameFi #Web3

[jasonchewyl @jasonchewyl]

sips coffee. learns bitcoin. 💎

[Harpreet Singh Maan @0xHarpreet]

Just caught up on all the web3 ecosystem drama. Late by 2 weeks but I just got the TLDR . #longlivethequeen #malaysiatrulyasia #teatarikloh #cryptomamak
@PudgyAsia @pudgymalaysia @pudgypenguins @sirshibaninja , @jasonchewyl

[Aaron Teng 安伦 🐧 @AaronTeng]

LIVE REPORTING

A wild @pudgypenguins appeared at Starfield Coex Mall 👀

[Mayuki @MayukiNPNP]

Grateful to @FoxyPenguinApe @pudgymalaysia for making this Chinese New Year more pudgylish this year @PudgySingapore and sending this in time to us +65 right before cny, packing them overnight with the sweet memos 🩷🩷

Thanks for letting us PENGUS huat this cny with Old master Q 🏮

Thanks @0xkuromi for lugging these back from KL to SG ❤️🩷❤️🩷