Day 1985: I’m still incredibly bullish. Bitcoin remains, in my view, the most asymmetric bet money can buy. Every stack I add is like reinforcing my position: more protection against unforeseen risks, more allies for my sats tucked away in hyper remote locations like a hardware wallet. The dollar keeps weakening relative to itself, its purchasing power eroding year after year, while Bitcoin continues strengthening relative to its own past. The idea of diminishing returns is a fiat mindset. Every true maxi feels it. Maybe the super cyclers weren’t wrong after all, just early. Do recent regulatory shifts in favor of crypto or temporary dips in Bitcoin dominance shake my conviction? Not at all. If my neighbors started inviting foxes into their henhouses, I wouldn’t follow suit, and I’d hope I wouldn’t be forced to help clean up their mess of dead chickens. People buying altcoins only makes my life easier. That’s just less buying pressure on Bitcoin, and cheaper sats for me. I believe Bitcoin enforces the hardest monetary policy in the world, and it’s only going to get harder. I’m so bullish that I think Bitcoin dominance shouldn’t just be measured against the crypto market, but against the entire global financial system. It already comprises the majority of the crypto space, plus a tenth and some change. Right now, Bitcoin represents about 0.3125% of global wealth. Fitting, isn’t it? That number lines up nicely with the current block reward of 3.125 BTC. The poetry in that isn’t lost on me.

Watching M2 surge at this pace feels like a bullish signal for Bitcoin, but it also raises serious questions. Who’s printing all this money? Who is devaluing the dollar at a rate we haven’t seen since 1973, and why isn’t this front page news? If it were, we’d probably see a wave of retail speculation and hype. Instead, what we’ve seen so far this cycle feels grounded, not in hype, but in liquidity. I believe the blow off top hasn’t happened yet. The real catalysts are still stacking: mounting reasons for no coiners to want to feel whole again, and maybe, just maybe, this time we won’t see the typical post peak crash. I can’t say for certain, but I’ll be there with every sat I have now and then some, ready to see what unfolds. Bitcoin and fiat remind me of the tortoise and the hare. The dollar sprints with printed fuel, while Bitcoin steadily advances, quietly gaining ground against a faltering fiat system. My conviction in Bitcoin is so strong that I have no interest in trying to time the market. Regardless of whether the cycle patterns repeat or evolve, I know where this is heading in the long run. It’s funny; this feeling I get has served me well before: Bitcoin feels cheap around $110K.

Some might still call Bitcoin high risk, high reward, but I struggle to see it that way. In my experience, the real risk is having no Bitcoin at all…or better put, having no exit from a system that’s structurally stacked against you. Sure, the fiat value of my stack might fluctuate, and there’s always a chance it dips temporarily. But it’s also outperformed nearly every other opportunity I’ve had access to; short of insider trading or unethical behavior. At this point, my only real concern is stacking more. Fortunately, that’s becoming easier than ever. Still, the thought of a future where you can’t buy Bitcoin with dollars; that’s both terrifying and incredibly bullish. Up until now, individuals and especially corporations have been penalized by regulation for holding Bitcoin. But the tables are turning. Soon, people and institutions may be more incentivized than ever. If Bitcoin’s engineered properties, like scarcity, neutrality, and auditability, weren’t already enough to win you over, incoming regulatory alignment might tip the scales. It doesn’t have to float your boat personally, but sooner or later, the boat you’re in will be floating on Bitcoin. The best performing companies will inevitably run on a Bitcoin standard. If the fundamentals didn’t convince them, regulatory incentives will. Corporations tend to respond more decisively to such signals than individuals do; at least from what I’ve seen.

Bitcoin has taught me to be skeptical of unnecessary complexity, overreaching ambitions, and environments prone to scams. In a world obsessed with growth at all costs, Bitcoin’s simplicity and clarity stand out. There is no second best asset. In a consumer driven society, minimalism isn’t just refreshing; it’s powerful.

Watching institutions go on massive Bitcoin buying sprees, stacking sums that immediately dwarf my own, is definitely humbling, but it’s far from discouraging. After all, whose Bitcoin is it? It’s not truly the shareholders’ or the replaceable staff’s. It belongs to the company: the system itself. When corporations began adopting Bitcoin, it became clear that Bitcoin doesn’t just benefit individual organ systems (people); it enhances the integrity of organizational systems as well. It reaches higher order structures, not just individual holders. The pace at which they’re buying makes it feel like we might run out…but we haven’t, and despite appearances, we’re no closer to exhaustion than we usually are. Maybe there’s paper Bitcoin being shuffled around, but mine isn’t paper. No institution is buying my stack with fiat derivatives or instruments I don’t have access to. Not every company that adopts Bitcoin will succeed. It may only be those that align closest to a true Bitcoin standard that survive long term. Eventually, when the biggest and best treasuries have acquired most of what’s available, perhaps they’ll start acquiring other companies just to gain access to their Bitcoin holdings. Maybe we’ll never see another bear market, or maybe we will, but only the strong will survive and I’m not going anywhere. My sats stand 1:1, fully owned, fully held. I can’t be knocked out.

I’m 100% spot Bitcoin, fully self custodied: a naturally aspirated Bitcoin maxi, if you will. I don’t feel the need to turbocharge my stack with leverage or derivatives. That kind of boost might offer short term torque, but it tends to overcomplicate things and adds failure points down the line. Instead, I’d rather slowly and steadily build the engine: bigger, stronger, and more resilient over time. Fiat is like a turbo: it overstimulates the markets, creates overheated systems, and introduces fragility. Bitcoin, on the other hand, is the solid engine block; something you can reliably build on. The future may involve some awkward hybrid systems: fiat financed Bitcoin instruments designed to appeal to fiat minded investors. That might create the kind of Frankenstein version of Bitcoin we’ve all feared: a diluted, co-opted shell of the real thing. But don’t let that confuse you. Don’t pass on Bitcoin. This opportunity won’t wait forever. I believe Bitcoin’s influence over global markets will only continue to grow. In times of chaos, the strong stand firm. In times of balance, the strong get stronger. That’s Bitcoin to me: already the best, and still getting better. Fiat enhancements may draw attention, but those with a fiat mindset will eventually realize: the more Bitcoin you have, the better.

Bitcoin may be many things, but fragile isn’t one of them. It’s fragile hands that create the opportunity for me to buy cheap sats, and that’s not a flaw, it’s a feature. Every shakeout is a purification process, filtering out the weak and strengthening the conviction of those who remain. It might not be what you hoped for, but it just might be what you needed. I’m not here to cheer for traders. I’m a stacker. I’m a holder. And I’m far from alone. Volatility doesn’t scare me; it motivates me. Dips keep me focused, productive, and stacking. Over the long run, that discipline pays off.

Will there ever be institutional treasuries holding fartcoins? Probably not. Smart money already knows the difference between Bitcoin and everything else, and it’s only a matter of time before the rest of the world catches on. Sideways chop might seem boring, but it’s a blessing in disguise for those steadily adding exposure. For leveraged players, though, it’s a slow bleed: death by a thousand cuts. Historically, Bitcoin dips during periods of geopolitical tension. That’s not a flaw; it’s a natural shedding of weak hands. What follows is often a correction and stabilization, as stronger, more convicted holders step in. Now we’re seeing historically low volatility during a time of elevated global tensions; tensions that are starting to cool off. That could be a signal: a return to business as usual, and maybe the calm before the next leg up. One thing I’ve learned: when people start saying Bitcoin has become predictable, I take a step back. That kind of complacency usually precedes a surprise, and it’s the observant who see it coming. I’ve never once regretted stacking more corn. Bitcoin is an experience: deep, humbling, and rewarding. No matter how much I’ve committed, I know there’s always a deeper level. My demand might be finite, but it’s persistent, and while I don’t know what effect it has on the system as a whole, I’m grateful for the effect it’s had on me.

I’m so bullish on Bitcoin that I don’t need leverage; spot is enough. In fact, I hope overleveraged longs get wiped out. Speculative gambling only drains sat stacks in the long run. Real conviction isn’t measured by risk appetite, but by how many sats you keep when the dust settles.

At some point, I just became indifferent to all the noise. Now, I simply want to stack more sats and live, not to be confused with surviving under some form of modern slavery. Whatever challenges lie ahead, I feel ready. I’m not interested in trading away my freedom for short term comfort, only to realize later it created more problems than it solved. I’d rather face the storm with my rights intact. Living on a Bitcoin standard makes my net worth look volatile on paper, but ironically, my actual life feels more stable than the lives of many I know who rely on fiat. What do you even call that? Inverted volatility? Right now, Bitcoin seems to be consolidating. That means what comes next is uncertain, but with prices already this high, I wouldn’t be shocked if the next leg up seems like hopium irl. These are stressful times, but stress is a choice. Stacking? That’s automatic.