“Generation X and the millennials both tried to do everything right, according to what the boomers told them was the path forward: save money, study hard, get a ‘job’. At every stage we got rugpulled.

“The peso scam is around a thousand times larger than the Libra scam, and its victims are the poorest, about 95% of Argentines.”
~ Saifedean Ammous
Javier Milei swore he’d burn down Argentina’s

“If your money isn’t sound, it is not reflecting any proof of work. It is not reflecting anything about who should be able to consume, or how much there is available to consume. It’s just

“It is not markets that made money possible. It is collectibles, which we now call money, that make markets possible.”
~ Nick Szabo
What if everything we’ve been told about how money emerged

“They say the ruler is bent, then use the bent ruler to measure the table.
They say the clock is broken, then solemnly read out the hour.
They say the instrument is false,

“The idea that some authority can deduce the correct level of this balance is not merely wrong, it is not even wrong, it is methodologically incoherent. Asking for the ‘correct’ interest rate is like asking

“The fiat economist universally chooses to set the printing press to brrrrrrrrrr. While the enlightened elite watch their stock portfolios moon and their debts disappear, the common man is told to be thankful that he

“what matters now is not belief, but endurance.bitcoin does not promise comfort. it does not promise justice. it does not promise to save anyone. it offers one thing only: a set of rules that do

“This piece is my attempt to finally map the terrain I’d been circling for years: Bitcoin’s hardness, its fragility, its human governance, and its uneasy relationship with a world that increasingly runs on elastic money

“Residents withdrew over 1.6 trillion rubles, or $19.7 billion in January, desperately turning to cash amid increased state controls.”
As governments push CBDCs to clamp down on dissent and capital flight, is Bitcoin our

“The seed phrase has been a barrier to self-custody since day one. It’s what scares normies away from keeping their own bitcoin, and it’s a legitimate reason why people accept the counterparty risk of exchanges

“Yes, AI is a big deal, but the conclusion that AI is going to kill the vertical and functional software business model simply makes no sense. The truth is that AI simply isn’t going to

“The cypherpunk principle that ‘cypherpunks write code’ takes on revolutionary meaning when writing code no longer requires programming knowledge. Eric Hughes meant that political freedom comes through building systems without requesting permission, and now that

“The people who figure that out first won’t just ship faster – they’ll build things that others can’t even spec, because the spec emerges last from a process that only exists in the doing of

“German Chancellor Friedrich Merz said, ‘The world order as it has stood for decades no longer exists’, and that we are in a period of ‘great power politics.'”
“He made clear that freedom ‘is

“Bitcoin is a lifeline. It is a money that cannot be shut down. Native money for the internet. But what happens when the internet gets shut off?”
Iran’s currency collapses 98%, the government kills

“You can’t open your own private mint moving that kind of liquidity and hope to stay under the regulatory radar.”
~ Roy Sheinfeld
Stablecoins are booming, but are they building toward something bigger

“Imagine the Stanford marshmallow experiment in reverse. Instead of getting a second marshmallow for waiting, the children are told that every fifteen minutes they wait, the marshmallow in front of them will shrink one tiny