Read_921 – Arkade, Crypto, and Only The Strong Surviving
“The broad point is that only the strong survive was correct. We are entering the endgame of crypto having any reason to exist.
My thesis as to why it exists at all is a combination of a novel vector for gambling and an affinity scam.
Bitcoin is extremely difficult to even begin to understand, and even though what it fundamentally ‘fixes’ is money printing, its novelty ironically lends itself to confusing the uninitiated and impatient with meaningless appeals to ‘blockchain technology’ that manifest as attempts to print money.”
~ Allen Farrington
In this episode I read Allen Farrington’s follow‑up to “Only the Strong Survive” and then ask a blunt question: if Bitcoin can now do everything crypto promised, does the rest of the casino have any reason to exist? Is ARKADE, Lightning, and e‑cash the real endgame for programmability and global banking on Bitcoin?
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
The Gu…
Read_920 – Criminalized Self-Custody [FFR]
“If you think they’ll have restraint, I think you’re making a grave error.”
Can your wallet, your node, or even your hardware become “unlicensed financial activity” overnight? I walk through HRF’s latest Financial Freedom report on new laws in places like the UAE and Belarus, then riff on how these tactics bleed into Western “financial stability” narratives, KYC social media, and digital ID. Along the way we explore the tools—from DIY hardware to Lightning and e‑cash—that might be the thin line between being banked, blocked, or truly sovereign.
Topics Mentioned
The Human Rights Foundation’s Financial Freedom Report #99, “Criminal Self Custody” – the piece I read in this episode and build the whole rant around.
HRF’s Financial Freedom Report #100 – the follow‑up issue I mention that continues tracking these global crackdowns.
Alex Gladstein’s essay “Why Bitcoin Is Freedom Money” – an earlier read I’ve done that pairs perfectly with this topic.
HRF’s Bitcoin for Nonprofits webinar (3‑day training) – the event I reference for activists and NGOs learning to use Bitcoin under repression.
BTC Sessions’ 15‑minute Sparrow Wallet crash course – the quick-start guide I talk about for solid, practical self‑custody.
The Bitcoin Plus Plus – Standing Sovereign edition in Taipei – the developer conference I mention that’s focused on peer‑to‑peer, self‑custody, and sovereignty tools.
The Nut November – Cashew e‑cash hackathon – the month‑long builder event on privacy‑preserving e‑cash I call out.
The Cashew e‑cash protocol itself – the system I reference as a way to get stronger payment privacy than typical on‑chain or Lightning.
My upcoming read of Alan Farrington’s follow‑up to “Only the Strong Survive” about Arcade – the piece I say I want to tackle to understand this new execution layer.
My chat with Matt Alborg from PPQ – the conversation I mention where we get into AI tools I’m using around the show.
Check out the original report Weekly Financial Freedom Report #99 by HRF. (Link: https://hrf.org/latest/hrfs-weekly-financial-freedom-report-99/)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join u…
Read_919 – Frédéric Bastiat: The Unseen Role of Intermediaries
“What role do intermediaries—such as merchants, distributors, and traders—play in the market? Far from being mere profiteers, these intermediaries play an essential role in the division of labor. Without them, society as a whole could not function.” ~ Ulrich Fromy
I dig into Bastiat’s forgotten defense of “middlemen” and ask: are banks, platforms, and merchants really the villains, or is the problem that we let them own the networks they run on? Using Bitcoin, Lightning, and Nostr as examples, I explore whether we can keep the convenience of intermediaries while stripping them of control—and what it would actually take to build that world.
Check out the original article The Unseen Role of Intermediaries by Ulrich Fromy. (Link: https://mises.org/mises-wire/frederic-bastiat-unseen-role-intermediaries)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Read_918 – Bitcoin is a Lie
“Bitcoin will fail.Because it is a lie… Because it claims truths that cannot be. That trust is defect. That property is virtue. That law, shared meaning should not supervene…I used to see value. Now I see a void. An emptiness where meaning should be.”~ Mike Brock
What happens when someone claims Bitcoin is designed for enemies and breeds cruelty? I dive deep into an article arguing Bitcoin promotes antisocial behavior and destroys cooperation, then break down why this fundamentally misunderstands both game theory and what “Bitcoin is for enemies” actually means. Is hard money really just oligarchy with a white paper, or does it solve the exact problems critics claim it creates?
Check out the original article Bitcoin is a Lie by Mike Brock. (Link: https://www.notesfromthecircus.com/p/bitcoin-is-a-lie)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
Read_917 – The Ultimate Collateral
“The best, simplest, ultimate form of collateral is something that can instantly be claimed and sold at any time when the debtor fails to make their payments. A house can take months, even years to sell. Stocks too have time restrictions, but Bitcoin doesn’t.”~ The Ultimate Collateral
Today we take a chapter out of a book to dive into one big idea: Bitcoin as the best collateral humanity’s ever had. Most people think houses, stocks, gold and cash, but because there’s never been anything better, most fail to see their enormous flaws. However, combining the elements of multisig’s genuine shared ownership, perfect digital scarcity, portability, and Bitcoin’s unmatched uptime make it fundamentally different from old-world collateral games. If an asset can be verified by anyone, transferred instantly, and tends to appreciate over time, are we still thinking too small about what Bitcoin is actually for?
For a deeper dive into this idea check out Bitcoin is The Ultimate Collateral, made available by the Braiins team at:Check out the book Bitcoin: The Ultimate Collateral written by Martin Connor (Link: https://braiins.com/books/bitcoin-the-ultimate-collateral)
Links & Resources:
Bitcoin Mining Handbook by Braiins (Link: https://braiins.com/books/bitcoin-mining-handbook)
Brian Kubellis Articles on OnRamp Bitcoin (Link: https://onrampbitcoin.com/research?q=brian+cubellis)
A Hat Full of Sky by Terry Pratchett (Link: https://www.amazon.com/A-Hat-Full-of-Sky-Terry-Pratchett-audiobook/dp/B0007OB50S)
Check out our awesome sponsors!
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and…
Read_916 – The Thermodynamic Monetary Transition
“This analysis has demonstrated through 30 universal laws, empirically validated across 16 years and $1.83 trillion in market capitalization, that Bitcoin represents a genuine phase transition in monetary coordination. It is the first system deriving legitimacy from thermodynamic irreversibility rather than social consensus or institutional authority. The implications extend beyond finance.” — Shanaka Anslem PareraIf money has always depended on kings, banks, and belief… what does it mean to have a monetary system whose legitimacy comes from raw energy and math? I read a wildly ambitious analysis that tries to quantify Bitcoin’s “thermodynamic transition,” then I pull it apart in my own words and dig into what the data might really be telling us. Is Bitcoin just another asset bubble, or a once-in-millennia break with the way money has always worked?
Check out the original article The Thermodynamic Monetary Transition by Shanaka Anslem Perera (Link: https://substack.com/inbox/post/179349077)
Check out our awesome sponsors!
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Read_915 – Thank You For Being Annoying
I dive into Adam Mastroianni’s piece “Thank You for Being Annoying” and use it as a launchpad to rant about work, love, and why being constantly irritated might be a feature, not a bug. From broken file‑sharing workflows to terrible movie adaptations and contradictory economic ideas, I walk through how annoyance has quietly steered my biggest projects.What if the right question isn’t “What do you love?” but “What bugs you so much you can’t walk away?”
Check out the original article Thank you for being annoying by Adam Mastroianni (Link: https://www.experimental-history.com/p/thank-you-for-being-annoying)
References from the Episode
Experimental History – Adam’s newsletter/Blog (Link: https://substack.com/@experimentalhistory)
The Rise and Fall of Peer Review by Adam Mastroianni (Link: https://www.experimental-history.com/p/the-rise-and-fall-of-peer-review)
The NPR story about the guy who fixes every “comprised of” on Wikipedia (Link: https://www.npr.org/2015/03/12/392568604/dont-you-dare-use-comprised-of-on-wikipedia-one-editor-will-take-it-out)
Chat_148 – It Doesn’t Pass the Smell Test with Jimmy Song (Link: https://fountain.fm/episode/rP3NzJ1DwFx4mL0QJUDu)
Check out our awesome sponsors!
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Host Links
Read_914 – Ark and the train analogy
Is ARK the missing piece that lets Bitcoin scale without sacrificing sovereignty? Or is it just a confusing mess that you can’t make sense of? Hopefully this episode helps as I unpack Paco VM’s brilliant train analogy and dive into how ARK changes the game for Lightning, trust models, and the deeper logic of Bitcoin as the ultimate court of truth.
Check out the original article Ark and the train analogy by Paco VM (Link: https://pakovm.substack.com/p/ark-and-the-train-analogy-a-guide)
Referenced Links
Chat_135 – Do One Thing and Do it Right with Mauricio Di Bartolomeo (Link: https://fountain.fm/episode/3C7VhS5sIwTwXBZMzhXV)
Chris Guida episode on covenants, CTV, and the culture of Bitcoin (coming tomorrow)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl….
Read_913 – The Quantum Threat to Bitcoin
I dive into the Human Rights Foundation’s look at Bitcoin’s quantum vulnerability – what’s real, what’s hype, and what would it take to truly secure the network. Then I unpack the social and technical chaos such a shift would demand, from wallet redesigns to the moral question of whether “fixing” the past would break Bitcoin’s principles.
Links Mentioned
Against Allowing Quantum Recovery of Bitcoin by Jameson Lopp (Link: https://blog.lopp.net/against-quantum-recovery-of-bitcoin/)
Presidio Bitcoin Quantum Summit – summary and speaker discussions (Link: https://www.presidiobitcoin.org/)
Replication of Quantum Factorisation Records with an8-bit Home Computer, an Abacus, and a Dog – paper by Peter Gutmann & Stephan Neuhaus (Link: https://eprint.iacr.org/2025/1237.pdf)Angewandte Wissenschaften
Guy’s Roundtable_011 – Treasuries, Politics, Quantum & Why This Cycle is Different (Discusses Steve’s take on quantum hype) (Link: https://fountain.fm/episode/4xAEXBtZcdFfg064FIRI)
Check out the original article The Quantum Threat to Bitcoin by HRF (Link: https://hrf.org/latest/the-quantum-threat-to-bitcoin/)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ne…
Read_912 – Bitcoin’s Silent IPO
“They’re passing the torch. And the torch is being received by entities who care less about ideology and more about returns. BlackRock doesn’t care about “being your own bank.” They care about portfolio diversification and risk-adjusted returns.
Is that a loss? In some ways, yes. Bitcoin will probably never again have the radical energy it had in its early years. The days of 100x returns in a single year are likely over. The volatility that created life-changing wealth will moderate as ownership becomes more distributed.
But it’s also a victory. Because Bitcoin survived long enough to become boring. It succeeded so thoroughly that the original believers can actually cash out. It proved itself to the point where the most conservative financial institutions in the world are buying it.”~ Jordi Visser
Everyone’s frustrated that Bitcoin’s not pumping. But what if this stagnation isn’t failure — it’s distribution? I break down why the OG whales are finally taking profits, what that means for institutional adoption, and how Bitcoin’s growing stability could mark the start of its next great era.
Check out the original article Bitcoin’s Silent IPO by Jordi Visser on Substack (Link: https://visserlabs.substack.com/p/bitcoins-silent-ipo-why-this-consolidation)
Links & References
Jordi Visser on X (Link: https://x.com/jvisserlabs)
Checkmate on X (Link: https://x.com/_Checkmatey_)
Explore the data Checkmatey shared on Bitcoin holder waves and distribution trends (Link: https://x.com/_Checkmatey_/status/1984723754057113776)
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF’s Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don’t forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, a…
Read_911 – Bitcoin TreasuryCos: Lessons From The 1929 Crash (Speculative Attack! Part III)
“Live by the mNAV, Die by the mNAV”.
What happens when financial alchemy meets the hardest money in history? In this episode, we explore how Bitcoin treasury companies may be repeating the speculative sins of the 1920s—where reflexivity, leverage, and overconfidence turned “innovation” into collapse. The question is: will Bitcoin break the curse, or amplify it?
Check out the original article Read_911 – Bitcoin TreasuryCos: Lessons From The 1929 Crash (Speculative Attack! Part III) by Be Water (Link: https://bewaterltd.com/p/bitcoin-treasurycos-lessons-from)
Links & References
Read_909 – Bitcoin Treasury Companies (Speculative Attack! Part I) (Link: https://fountain.fm/episode/eShOXODGdCH3BD3M9Mzn)
Read_910 – Bitcoin TreasuryCos & The Roaring 20s: Speculative Attack! Part II (Link: https://fountain.fm/episode/z21X5ypXXezxWQ1Y827s)
The Flight into Fake Values by Be Water (Link: https://bewaterltd.com/p/the-flight-into-fake-values)
The Great Crash 1929 by John Kenneth Galbraith (Link: https://www.amazon.com/Great-Crash-1929-Kenneth-Galbraith/dp/0547248164)
Shelling Out: The Origins of Money by Nick Szabo (Link: https://nakamotoinstitute.org/library/shelling-out/)
Read_882 – The Great Taking [P1] on Spotify (Link:https://open.spotify.com/episode/0CBszl5R5aWETQHN5wSgoo)
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Read_910 – Bitcoin TreasuryCos & The Roaring 20s: Speculative Attack! Part II
In this read, I dive into Bitcoin TreasuryCos & The Roaring 20s: Speculative Attack! Part II by Be Water – a fascinating comparison between today’s Bitcoin Treasury mania and the wild investment trust bubble of the 1920s. What can the speculative pyramid schemes of Goldman Sachs’ Trading Corporation teach us about MicroStrategy’s leverage play? Are […]
