The foundation of KYC/AML (Know Your Customer/Anti-Money Laundering) was laid down by the U.S. Bank Secrecy Act (BSA) of 1970. Just one year before Nixon closed the Gold window and ushered in the current Fiat money age. Don't be fooled by the window dressing. KYC is not about stopping money laundering or terrorism financing. It's about making it easier for creditors to collect on defaults. It's because settlement takes days, weeks or months in the current system. Bitcoin fixes this. KYC does not survive the fiat apocalypse. Nor do nation states. Stack sats. @Bitcoin Citadel

There are no new ideas in Bitcoin. Everything Bitcoiners talk about today was hashed out on the Bitcointalk forum in the day. HODLing is what Bitcoiners do when the price drops. HODL and ODELL's "STAY HUMBLE, STACK SATS" are all the 80 IQ Pleb needs to succeed in Bitcoin. Now in 2025 Bitcoin is becoming financialized. Can an 80 IQ Pleb take advantage of Bitcoin's transformation into pristine collateral to generate an income, or to buy a home and still HODL? It remains to be seen. I'm very interested in what People's Reserve is offering the the US.

Peoples Reserve

Bitcoin Powered Finance. Build Wealth Smarter. We The People. Building around Bitcoin as the most pristine form of collateral in the world.

In the fiat system it was impossible for the 80 IQ pleb to access the financial instruments used by the rich to keep ahead of inflation and to build wealth into the future. At best a pleb could pay a financial advisor access those tools. Exactly like the plebs in medievil paid Catholic priests for access to the divine. Bitcoin fixes this. You don't have to be a licensed trader with a computer science degree to use Bitcoin. Satoshi accomplished in 2008 what Martin Luther did 1517: provide plebs direct access. Luther sparked the separation of church and state. Satoshi did the same thing for money.

Saturdays in the Citadel Summer are devoted to talking about shit coins. Shit coins are just bad money. Compared to Bitcoin every other store of value, medium exchange and unit of account is bad, unreliable and going to zero againt Bitcoin the one and only perfect money. @Bitcoin Citadel

The Bitcoin journey is not for everyone. Many people are content with their comfortable lives. Bitcoin will move you out of your comfort zone. Learn to love the discomfort. Train yourself. Cold plunges, cold showers, lifting heavy stuff, getting outside for sunrise every day, hiking up a mountain for spring water. Let's go. @Bitcoin Citadel

Don't let privacy concerns stop you from putting your time and energy into the best money ever created. @Bitcoin Citadel

We have reached the end game for nation states. The era of the Petro Dollar is over. It lasted for 40 years power by a marriage between US naval power and Saudi oil. We are now 10 years into the age of the Mag 7 Dollar and it won't last 15 years. If Trump gets his revenge it will it won't last the year. @Bitcoin Citadel

Day 7 of Citadel Summer. This one is titled left and right is over. Left and Right politics is an artifact of the Industrial Age. Nation states are in the process of collapsing and that process is accelerating as #Bitcoin separate money from state. Blue and Red are being replace with Orange and Green. @Bitcoin Citadel

Citadel summer is looking very summery here though it was cool and overcast this morning. I skipped the worlds best cold plunge this morning for my 3rd option. Sometimes you just have to break pattern. @Bitcoin Citadel