Are the four year cycles already behind us? Does an unusually modest bull run erase the possibility of a true bear market? I’ve always been a permabull, but I never expected so many people, institutions, and companies to start thinking the same. Bitcoin’s history is a cycle of struggle and triumph. Its weakest moments have often been the foundation for its greatest victories. It has always been three parts hope, one part despair; a delicate balance that fuels conviction. But what happens when despair fades? Does hope lose its meaning, its edge? Perhaps. When the fight feels easier, it’s easy to forget why we fight at all. But that’s when gratitude matters most, because Bitcoin’s greatest test isn’t survival. It’s whether we remember what made it necessary in the first place.

We caught a glimpse of Bitcoin’s future, true financial freedom, but it seems that moment was just foreshadowing. Now, we veer off course, drifting back toward fiat in a stablecoin illusion, trading self sovereignty for the comfort of familiarity. Who really benefits from this so called practicality? The everyday consumer? The bureaucratic overlords? Surely not freethinking individuals. Surely not quality. Bitcoin bows to no one. It’s not designed for those who seek control; it’s built for those who seek freedom. Why tether yourself to a dying dollar when Bitcoin’s volatility is a heartbeat, a signal of life, while fiat’s slow decline is the silence of a deathbed? Fiat has always been a mirage. I choose to walk the path of truth, no matter how uncertain, because real sovereignty is worth the risk.

Bitcoin or bust: it’s been that way for half a decade. I just thought there’d be more busting. I’ve stacked every single week I’ve been paid, and I’ll probably keep doing it for decades. There’s no scenario: no crash, no regulation, no mainstream skepticism that could make me stop. The path is straight and narrow, but the bumps along the way aren’t obstacles; they’re lessons. Watching my portfolio drop is surreal. Watching it stop dropping and push higher is even crazier. But the numbers don’t change the mission. All I want is more sats; everything else is either a bonus or a test of my conviction. The hardest part isn’t the volatility or the patience. It’s making sure that as Bitcoin hardens, so do you.

If life is a simulation, then Bitcoin’s price isn’t just a number; it’s a pulse, the heartbeat of the collective human consciousness stirring from a deep slumber. For centuries, society has been trapped in a dream: lulled by consumerism, by fiat illusions, by a system designed to keep value fleeting and obedience automatic. But something is changing. The price of Bitcoin isn’t simply rising; people are waking up. The slow, uneven rhythm of this awakening is visible in every cycle: euphoria and despair, conviction and doubt, each movement a test of who truly understands. This process isn’t instant. Awakening never is. Some resist, clinging to old systems, mistaking the shadows for reality. Others glimpse the truth but fear the consequences. Yet, step by step, block by block, the world is shifting. Bitcoin is more than an asset; it’s proof of awareness, a beacon signaling that people are beginning to question what once seemed unquestionable. And in that realization lies the paradox: Bitcoin doesn’t rise because people speculate. Bitcoin rises because people understand. The more they grasp its purpose, the more they recognize its necessity. The illusion of control weakens, and something real takes its place. If this truly is a simulation, then Bitcoin is the glitch. A crack in the facade, revealing the path to something more. The question isn’t whether the awakening will continue. The question is how many will choose to see.

It’s fascinating, and a little unsettling, that Satoshi Nakamoto remains entirely anonymous. In an age where privacy is nearly impossible to maintain, the idea that someone so impactful could vanish without a trace is almost supernatural. Yet, unless he passed away, Satoshi is still out there, living an ordinary life, blending into the fabric of society, perhaps walking past us without a second glance. I often wonder what that life must look like. How does the most selfless innovator of our time: someone who created a technology that reshaped the very concept of money, then walked away from unimaginable wealth, spend his days? A mind like that doesn’t simply go idle. He must be working on something, something significant. Perhaps he never even stopped working on Bitcoin, guiding its evolution from the shadows, his influence unseen but ever-present. And yet, there’s a paradox here. The very act of remaining unknown is what keeps Bitcoin decentralized, pure, untainted by human fallibility. If Satoshi’s identity were revealed, he would become the figurehead he deliberately avoided becoming: his words scrutinized, his intentions debated, his creation distorted by the weight of personality. Maybe the greatest gift he ever gave Bitcoin wasn’t the code itself, but his own absence. In that sense, my unanswered questions might be a blessing. Some mysteries serve a higher purpose by remaining unsolved.

The debt always comes due. Making money easier makes getting scammed inevitable; it’s just balance correcting itself. But that balance is brutal. It takes low morals to exploit, yet those left holding the bag aren’t always the ones who made the mess. Generations accumulate debts, and whether fair or not, someone always pays the piper. Would scammers be so prevalent if the world were closer to a utopia? And would the world be closer to a utopia if older generations hadn’t borrowed from the future? I feel for those who get taken advantage of, but coming from a generation constantly called lazy by boomers, I have to ask: why do you put in so little into preventing yourself from getting scammed? Seems like one of the main threats when it comes to unfortunate circumstances that don’t involve health. Not every boomer is to blame, and they weren’t handed prosperity out of pure greed; their standard of living was built on the shoulders of those before them. Younger generations can’t relate. The time, thought, and resources invested in their future have been inadequate at best. Bitcoin is both gold and fire: an unstoppable force that can build or destroy, depending on how it’s wielded. There’s no such thing as “unburned.” Burned is burned. When wealth starts melting like ice cubes, people will go to extreme lengths to survive. Who’s to blame for the scams? Everyone involved; plus the economic landscape that made desperation so profitable. I don’t believe the elderly will be bled dry, but I’m also not shocked when money of no merit becomes someone else’s meritless money. Maybe younger generations aren’t underpaid, maybe the past just overpaid itself. If that’s the case, then the expectation to keep receiving far more than was given starts to look absurd. So stop reminding us we’ll never retire. If you really believe we’re lazy, come out of retirement yourself. See what you’re worth in the world you’ve left behind.

The floodgates are opening, but what comes next? The Fed is quietly easing off its balance sheet reduction, and liquidity is rushing back into the market. Money is moving, and the tides are shifting. Is this the long-anticipated running of the tables? Is a jaw-dropping rally about to ignite? The dollar is losing ground, the PBoC is starting to ease, and the era of global tightening looks like it’s slipping away. Markets may be setting up for something historic, whether that’s euphoria or chaos remains to be seen. Yet, despite all the noise: tariffs, inflation, recession risks; one truth remains: uncertainty is inevitable. That’s why I stay humbly optimistic. No expectations, no surprises; just an unwavering focus on what matters. Every twist in the cycle is a lesson, and every storm carries wisdom. I’m not here for the rally. I’m here for the reckoning. Okay, maybe both, but people seriously underestimate Bitcoin as a way to fight back against the system that screwed/screws them over.

The revolution has always been, and will always be, a rebellion against centralized control. Power naturally consolidates, and every era has its own struggle to decentralize it. Bitcoin itself was born out of this battle, a monetary system designed to resist the gravitational pull of centralization. But even within Bitcoin, we see the forces of convenience and scale favoring corporate dominance, particularly in mining. Corporations aren’t inherently evil, but their incentives: profit maximization, efficiency, and short-term gains: often lead to centralization by default. Mining pools, in their quest for stability, have trended toward consolidation, concentrating hashrate in fewer hands. Yet, Bitcoin’s resilience lies in its adaptability and the relentless pushback from those who refuse to let it slip into the same patterns of control it was built to escape. Decentralization isn’t automatic; it’s something we must constantly fight for. Companies like Ocean, Bitaxe, DMND, and mining protocols like Stratum V2 are part of that resistance, pioneering ways to distribute hashrate and reinforce Bitcoin’s core principles. They are just a fraction of the minds, products, and protocols working toward the same goal. The beauty of Bitcoin is that it creates incentives to fight back against centralization, even as it arises. Every time power starts to pool, a new wave of innovation emerges to break it apart. The battle is never over, but in that struggle, Bitcoin proves its strength. Watching this unfold isn’t just exciting…it’s a front-row seat to history.

The sheer stress and tension in the market right now is staggering; panic, fear, and doubt are everywhere. Yet, I feel nothing but satisfaction. Losing a fiat salary’s worth in dollar terms is irrelevant when measured against the sats I’ve secured. The world sees volatility; I see accumulation. It was the cycles of unrealized losses that forged most of us into the hardened, unshakable holders we are today. Every gut wrenching drop, every test of conviction, it all built the resilience that separates those who merely speculate from those who understand. Over time, the need for raw endurance has faded, not because the game has changed, but because we have. The strength to see it through still exists, but it’s no longer a question; it’s a given. We don’t flinch anymore, because in the end, only one metric matters: the sats you hold. The window between now and global realization is a rare stretch of opportunity; one that won’t stay open forever. In the end, the winners won’t be those who measured their wealth in fleeting fiat digits but those who stacked relentlessly, understanding that balance, not fiat bloat, determines the future. As the world sleepwalks toward the inevitable, every sat accumulated is another step ahead. Some will chase illusions of temporary riches, mistaking noise for signal. Others will focus on what truly matters, positioning themselves before the rest wake up. By the time they do, the game will have already been won.

There is no true top; only cyclical peaks along the way. And while timing them may seem appealing, it has never been necessary. If you had simply stacked through every so called “top” without selling a single sat, your gains would be monumental. Very few have had the privilege of witnessing Bitcoin’s full arc from its inception while continuously increasing their exposure. My estimates suggest that in the first cycle, only 10,000 to 50,000 people even knew about Bitcoin. That means just 0.00014% to 0.00071% of the global population had the chance…and it’s reasonable to assume that at least half of them squandered it. We can’t go back and fix the past, but we can ensure we never miss another cycle top again. The opportunity isn’t gone; it’s just shifted forward. So whether the price rises or falls, I win either way, because 1 sat = 1 sat. Price is temporary. Accumulation is permanent.