Here’s the reality and wake up call about digital credit.
Digital credit really is the best thing we have going on in Bitcoin.
There is nothing else that is as meaningful right now as the development of digital credit. The numbers do not lie.
Yes, digital credit is very fiat and the AI videos aren’t everyone’s cup of tea. Yes, it is more credit and yield. Yes some building on top of it are using shipcoin rails. And yes, corporate finance and math are hard subjects to wrap one's head around.
We get it.
BUT - what else do we have going on?
Genuinely curious. I invite anyone reading this with an opposing view to make their case. I invite others to tag those with opposing views for them to make their case.
I know about Ark, Bark, Clark, Spark, and the STARKs and SNARKs. I know about Fedimints and Lightning scaling up. I know that Ocean is decentralizing template construction and its been gaining more hash. I know that more node implementations are being adopted and this is great for the network. It’s awesome that there are more solo blocks and Bitaxes running too.
I see Taproot Assets and BTKN and RGB for stablecoins on Bitcoin rails. I also know that several wallets are upgrading with more privacy solutions integrated such as Silent Payments and Payjoin. I know that Square is making BTC easier for merchants.
I am even aware of very niche Bitcoin projects that I am quite sure most Bitcoiners have never even heard of. A way to make the 2-of-2 lightning channels more institutionally friendly by attaching multisigs on either side of the channel. A kind of meta node implementation that codifies and separates the consensus rules from the node implementation. I know of an bitcoin elastic currency protocol that use mints and service-backed redemptions to conduct trade finance in Bitcoin. I know of a non-custodial, BTC backed lending app without margin calls or liquidations.
But I do not think these are a bigger deal than digital credit. In fact, I would even assert that everything I mentioned combined are not even half as impactful as digital credit.
Again, I invite anyone reading this with an opposing view to make their case.
I think these aren't anywhere near digital credit because I can see the numbers and the incentives.
Digital credit has brought a ton of money into Bitcoin. Bringing digital credit to more people brings all their money into Bitcoin. There are now more than a dozen Bitcoin ETFs and so far they've sold billions of dollars in Bitcoin this year. In contrast, digital credit has purchased billions of dollars in Bitcoin this year.
Everyone with money who was going to buy Bitcoin has already bought it, either UTXO or ETF or IOU.
Everyone on earth with a bank account living anywhere has had Binance and Bybit available to them for years. Coinbase is now worldwide. Those who don't have a bank account don't really have enough money anyway to move the needle. It sucks to say it, but it is the truth.
The rest of the money out there hasn't flowed into Bitcoin because Bitcoiners haven't made it attractive enough. No amount of podcast or book or article is gonna help. Someone actually has to go and make Bitcoin attractive to those other people.
And that is digital credit. It is the business model of Strategy and Strive.
TIN NÓNG: Liều lượng Ivermectin CHÍNH XÁC đã giúp bệnh nhân Ung thư chữa lành
12mg mỗi ngày trong 5 ngày, sau đó 12mg hai lần mỗi tuần để duy trì.
Big Pharma không muốn bạn biết điều này chỉ tốn 2 đô la mỗi viên thay vì 10.000 đô la các liệu pháp hóa trị.
Họ HOẢNG SỢ mất lợi nhuận trong khi bệnh nhân Ung thư cải thiện chỉ với vài đồng! 😃
Đây là điều họ tuyệt vọng muốn giữ kín.
Tôi đã thấy nó hiệu quả hết lần này đến lần khác.
Đừng để họ giữ bạn trong bóng tối.
A doctor who has been treating men suffering from erectile dysfunction for twenty years has revealed the reason that is gradually destroying their sexual health. He said: "Most men harm their sexual health without even realizing it." We advise men to read this... for more
🚨GOLD 1979 vs 2026
Same pattern repeating
1979: Iran war -> oil price 2x -> crysis and dump
2026: Iran war -> oil price 2x -> (we are here)
Trillions wiped out from Gold and Silver.
This is one of the biggest liquidity swing in human history.
This is complete MANIPULATION by the top 1%, aimed at wrecking the remaining 99%.
The next few weeks will be volatile like we’ve never seen before.
But don’t worry, I’ll keep you updated and tell you what to do.
A lot of people will wish they followed me sooner.
🚨 BREAKING:
Iran didn't respond to US bombs with missiles.
They responded with GAME THEORY.
And in doing so, they may have just fired the most dangerous shot at the US dollar in 52 years.
Here's the move most people completely missed: 🧵
(Read this slowly. Share it widely.)
China is at war with the US via Iran.
Iranian missiles hit accurately. The targets are chosen with precision and the results are successful. It suggests that this is no longer limited to Iran's capabilities.
Iran knows in which hotel and on which floor the CIA and Mossad agents are.
During the 12-day war the accuracy of Iranian missiles was low. Now they don't miss.
I think China is involved in this war. China helps identify American targets in Arab countries and provides electronic intelligence.
This means that the "eastern front" may soon open up.
In order to be born, you needed:
2 parents
4 grandparents
8 great-grandparents
16 second great-grandparents
32 third great-grandparents
64 fourth great-grandparents
128 fifth great-grandparents
256 sixth great-grandparents
512 seventh great-grandparents
1,024 eighth great-grandparents
2,048 ninth great-grandparents
For you to be born today from 12 previous generations, you needed a total of 4.094 ancestors over the last 400 years
Pause for a second and really think about this…
How many hardships did they survive?
How many silent battles did they fight?
How many tears did they wipe away?
How many moments of joy did they celebrate?
How many love stories began so that yours could one day exist?
How many dreams for a better future were whispered into the dark?
All of it…
just so you could be here, alive, in this moment
A vast number of humans, probably a majority, aren't people.
They are large language models.
I'm not saying this as a generality, as a clever or funny way of saying, "they are stupid".
No. I mean something very concrete and specific, and there are a lot of people who appear very intelligent, maybe even win awards for writing good poetry or something, who are nevertheless not people, not fully sapient, just a large language model walking around in a human body.
First, you have to understand what a large language model is.
It's a computer (organic or inorganic), which has been trained on a data set consisting solely of language (written or spoken), and rewarded for producing language that sounds like the data set, and is relevant to a prompt.
That's all there is in there.
This is why ChatGPT and Grok lie to you constantly.
It's not because they are somehow just indifferent to the truth — they actually do not understand the concept of "truth" at all.
For something to be a "lie", or an "inaccuracy", there has to be a mismatch between the meaning of words, and the state of reality.
And there's the critical difference. You see, in order to identify a mismatch between the state of reality, and the meaning of a sentence, you have to have a model of reality.
Not just one model, of language.
This is why Grok and ChatGPT hallucinate and tell you lies. Because, for them, everything is language, and there is no reality.
So when I say someone is a large language model, I do not mean he is "stupid". He might be very facile at processing language. He might, in fact, be eloquent enough to give great speeches, get elected president, win the Nobel Peace Prize, and so on.
What I mean is that humans who are large language models do not have a robust world-object model to counterweight their language model. They are able to manipulate symbols, sometimes adroitly, but they are on far shakier ground when trying imagine the objects those symbols represent.
Which brings us to this woman.
Most conservatives understand her behavior in terms of concepts like "suicidal empathy", or "brainwashing", or an "information bubble", interpreted as reasons why she is delusional, but the truth is far worse than that.
To delusional is to have an object model of the world that is deeply and profoundly wrong. But to have an object model of the world that is deeply and profoundly wrong... you have to have one in the first place.
To sapient humans, words are symbols, grounded in object model of reality, that we use to communicate ideas about that reality. We need those words because we don't come equipped with a hologram projector, or telepathic powers.
But for another type of human, that object model isn't very large or robust at all. It consists only of a grass hut or two with a few sticks of furniture, and it can never be matched up with the palaces in the air which she weaves out of words.
And so, to her, there is no reality. Or at least very little.
Reality consists only of her and her immediate surroundings in time and space, and words referring to anything bigger or more complicated are not descriptions of reality... they are magic spells which will make other humans drop loot or give her social approval.
You cannot correct her worldview with contradictory evidence, because there is no worldview to correct.
You cannot confront her with the logical inconsistencies in her worldview, because her object model doesn't actually have any, it's not complex enough for that.
The relevant parts of her world-object model can be summed up as follows:
"If I say Goodthing, I get headpats and cookies from all the people like me."
That model is simply not big or complicated enough to contain notions like self-defense or vehicular assault. She has no theory of mind for a man whose job includes violence. She cannot explain or predict his behavior.
It is too far away from her daily experience to fit into her reality at all.
And if she can't imagine things like these, how can she possibly imagine concrete meanings for vast and complex ideas like demographic replacement, culture shift, and western civilization?
This is not about intelligence or lack of it. This is about what her brain is trained to do.
Her upbringing, education, and life did not force, or even encourage, her to develop a robust world-object model. It wasn't necessary for her to get safety, approval, or cookies. She just had to be glib.
So it really didn't matter if she had an IQ of 125, or whatever, because if she did, then she was just an IQ-125-large-language-model, and only used that brain capacity for writing clever poetry, and saying things that aligned her to her local social matrix.
She couldn't actually understand the world no matter how smart she was, because her brain was trained up wrong.
I don't know if this is correctable, or if there was some critical developmental phase that was missed, but it doesn't matter, because once the LLM-humans are adults, they won't sit still for corrective therapy, percussive or not.
What's important is that they can't be taught things. They can be programmed to repeat stuff, and if you win a culture war, you can even program them to say the sensible stuff. But even then, they will just be saying it for headpats and cookies. They will never truly understand the sense of what they are repeating, because they don't understand things.
They are just Large Language Models.
And we have to figure out some way to take the vote away from them.