You don’t buy Bitcoin. You sell fiat to acquire sats. The price is just an exchange rate between two units. One expands by design. The other does not. Fiat loses purchasing power over time. Bitcoin preserves it. When viewed correctly, timing matters less than direction. You are exchanging a melting asset for a scarce one. People fixate on entry price because they still think in fiat terms. But the goal is not to “get rich.” It is to stop getting poorer. Each sat acquired is stored time and energy. Verified. Portable. Final. Over the long term, the exchange rate will fluctuate. The monetary properties will not. Acquire sats. Hold your keys. Measure wealth in what you keep, not what you trade. #Bitcoin

Arrived back in London today. At Heathrow, I overheard someone say their Heathrow Express ticket was £30. £30 to take a train from the airport into the city. This is not a transport story. It is a currency story. Purchasing power is what money can buy. When everyday services absorb larger portions of income, purchasing power has declined. Not long ago, £30 represented meaningful optionality. Today, it is consumed by a short, unavoidable trip. The number stayed the same. The value did not. This is how currency decline presents itself. Quietly. Through routine transactions. Most people notice prices. Few notice the unit of account failing. #GBP #Inflation #PurchasingPower #SoundMoney #Bitcoin

The price barely moved. It proves where price discovery now lives. Bitcoin’s fiat price is set mostly off-chain: derivatives, ETFs, netting, leverage, and internal settlement. Large purchases can be absorbed without touching the base layer. That is not Bitcoin failing. That is financialisation reappearing on top of it. There is no public proof that institutional holdings are unbacked. There is also no cryptographic proof that they are self-custodied. Both statements matter. The risk is not institutions owning bitcoin. The risk is bitcoin becoming something people hold claims on instead of verify. Paperisation does not break Bitcoin. It breaks people’s relationship with it. The protocol remains unchanged. 21 million still exists. Nodes still enforce the rules. The only defence is participation: – self custody – node verification – earning and spending sats Price does not secure Bitcoin. Users do. #Bitcoin

Most so-called “crypto educators” are not teaching you how to make money. They don’t even understand the definition of money. They are teaching speculation. Usually in the shitcoin casino. Trading systems, indicators, cycles, narratives. All framed around one goal: increasing a fiat balance. That is not making money. That is chasing units of account that lose purchasing power. Speculation is a zero-sum game. For every winner, there is a loser. No new value is created. No productivity is improved. Only risk is redistributed. Bitcoin was not designed for this. Bitcoin is a monetary protocol, not a trading instrument. It does not generate yield. It does not compound. It does not promise returns. Its function is simple: – fixed supply – predictable issuance – final settlement – ownership without permission When Bitcoin is treated as a vehicle for fiat gains, it becomes misunderstood. When it is treated as money, its purpose becomes clear. Educating people to trade Bitcoin keeps them trapped in the same system Bitcoin was designed to exit. Educating people to earn, save, self-custody, and spend Bitcoin changes behaviour. That distinction matters. If your framework requires charts, leverage, or timing to “win,” you are not teaching money. You are teaching speculation. Bitcoin is not a get-rich-quick scheme. It is a tool for preserving the value of human time and energy over long horizons. Anything else is noise. #Bitcoin #Trading #Speculation

Recent headlines about BlackRock allocating billions to Bitcoin often miss a critical detail. It is not BlackRock buying Bitcoin. It is BlackRock’s customers buying and selling exposure through an ETF. BlackRock acts as the issuer, custodian coordinator, and fee collector. They clip the ticket regardless of direction. This matters because ETFs are not Bitcoin ownership. They are financial products that track Bitcoin’s price while reintroducing intermediaries, custody, legal reliance, and counterparty risk. As capital flows through ETFs: • Users gain price exposure, not settlement finality • Bitcoin becomes abstracted into shares and claims • Ownership shifts from keys to paperwork This is how paperisation begins. Not through malice, but through structure. Self-custody exists to prevent this outcome. When you self-custody Bitcoin: • You hold the private keys • You do not rely on audits, custodians, or legal promises • Your Bitcoin cannot be rehypothecated or frozen ETFs increase liquidity and visibility. That is not inherently bad. But they do not strengthen Bitcoin as money. Bitcoin’s purpose is not to sit inside financial wrappers. It is to enable sovereign ownership and final settlement without permission. Institutions will always choose custody and abstraction. Individuals still have a choice. As institutional exposure grows, self-custody becomes more important, not less. Bitcoin remains trustless. Whether you use it that way is up to you. https://www.perplexity.ai/page/blackrock-pours-1-24b-into-cry-0ds_Y1WLTeuSALw3xB2R5A #Bitcoin #SelfCustody #BitcoinPaperisation

Freezing Prices Is Not Fixing Costs Freezing rail fares does not tackle the cost of living. It freezes a symptom while the cause continues. The cost of living rises when the unit of account loses purchasing power. Transport, food, housing and energy do not become expensive in isolation. They rise together because money is diluted. A price freeze shifts costs, it does not remove them. If fares are held below market clearing levels, the difference is paid elsewhere: – higher taxes – higher debt – lower service quality – deferred maintenance Nothing is made cheaper. The bill is simply hidden. Real cost reduction comes from productivity and sound capital allocation. That requires stable money. Without it, governments are forced into constant intervention to mask decline. Temporary controls create the appearance of relief. They do not restore purchasing power. The cost of living crisis is not a rail problem. It is a monetary problem. Until the currency stops losing value, freezes and subsidies will continue — and they will continue to fail.