Bitcoin: a decentralized digital monetary system and programmable base layer. Onchain micropayments are expensive so Lightning and other layers fulfill the cash utility. The importance of a conservative base layer has been recognized, scaling has been outsourced off chain. Segregated Witness and Taproot soft forks increased security, privacy, and functionality. With functionality comes use cases and controversy over proper use of block space. Mining has centralized into professional operations; without a specialized computer you stand little chance of success and even with a whole fleet the odds are stacked against you. As the block reward keeps halving bitcoin is transitioning toward fee based security. 17 years of bitcoin transactions still fit on less than 1 terabyte. Chain analysis and privacy tools have symbiotically fueled each other’s advances. Bitcoin evolves slow and reacts quickly controversy is a feature not a bug. Consensus comes after deliberate discussion. Bitcoin still shares so much with its visionary proposal, but now it holds historical proof. What did it become? More. In the doldrums of doomer sentiment I remain with hint of quiet triumph. The dream hasn’t failed; it’s hardening into reality. If the white paper was a seed then we’ve only glimpsed the sapling of the tree it will become; change is uncomfortable, but it turns out how it’s always meant to be.

New year? New me? Same BTC.

Studies show patience beats trading. No need to over complicate things, I just buy and hold Bitcoin.

Bitcoin’s long term potential still trumps any short term scam. Bitcoin is a fair and square asset; I wouldn’t want it if it wasn’t.

Huge outflows from ETFs don’t shock me they excite me, I believe they are standard behavior, but the fear they cause is an opportunity to stack cheaper sats from weaker hands. It might seem like ETFs are selling a lot of bitcoin but it’s all Bitcoin that was bought, and they’ve bought way more than they’ve sold. And it’s still an insignificant amount to their total AUM.

If you can’t take the risk you don’t deserve the reward. I’d rather risk my money than my body or mind, the former is replaceable but the latter isn’t. Bitcoin is more than a gamble; it’s a tool for freedom.

Gold and silver passed the stress test, Bitcoin flunked it this time. We all have our soy boi high beta risk asset moments, but that doesn’t mean we can’t also have our hedge moments. No asset is purely one thing, especially bitcoin. Sometimes you need a new box. Peer to peer electronic cash? Digital gold? Why not just bitcoin? Bitcoin shines brightest when liquidity is abundant, inflationary money printing episodes, and financial repression or currency collapse scenarios; better prepared than scared. The honest box: Asymmetric, volatile, scarce digital asset with option like convexity; best performed in risk on liquidity cycles, but capable of hedge behavior in specific inflationary or systemic trust breakdowns.

Money printing leads to inequality and that’s one of Fiat’s major flaws. It’s breaking the system and Bitcoin is our best shot at fixing it, but it’s a marathon not a sprint.

Is the Bitcoin bottom in? I couldn’t tell you, but what I can tell you is this: you can hope in one hand and stack in another and see which one gets full faster. If you don’t stack the sats someone else will. It’s not about timing it’s about every chance you get.

There’s nothing like having so much fun with family that you forget your routine obligations. My family is not the feeling and the feeling I cannot touch. True value is given. Thanks Satoshi. #Bitcoin