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.
After 10+ years and 30,000+ hours of studying the history of money, monetary failures, hard money systems, Austrian economics, and Bitcoin, a few conclusions become unavoidable.
Money is not created by decree.
It emerges as a coordination tool.
Societies converge on the hardest available money because it best preserves time, labour, and energy.
Throughout history, money has followed a pattern:
• Collectible goods become media of exchange.
• The most durable, scarce, and verifiable forms outcompete the rest.
• States later monopolise issuance.
• Debasement follows.
• Trust erodes.
• The system resets.
This cycle has repeated for thousands of years.
Gold was not chosen because it was shiny.
It was chosen because it was hard to produce, difficult to counterfeit, and costly to debase.
Those properties constrained rulers and protected savers.
The abandonment of hard money did not happen because it “failed.”
It happened because it limited political spending.
Fiat currency is not money in the historical sense.
It is a credit instrument backed by future taxation and enforced by law.
Its supply must expand to service the debt it creates.
This is not a flaw. It is the design.
Credit creation changes behaviour.
New money enters the economy through specific channels:
• Governments
• Banks
• Asset markets
Those closest to issuance benefit first.
Those furthest away pay through rising prices and declining purchasing power.
Productivity gains no longer flow primarily to savers or workers.
They are absorbed by asset inflation.
This is why wages lag prices.
This is why savings no longer work.
This is why speculation outcompetes production.
Austrian economics does not oppose growth.
It explains growth.
Real growth comes from:
• Capital accumulation
• Productivity improvements
• Time preference discipline
Hard money forces growth to appear as falling prices and rising purchasing power, not monetary expansion.
Under sound money, progress benefits everyone.
Under fiat money, progress is unevenly distributed.
Bitcoin is not an innovation in finance.
It is an innovation in monetary integrity.
Bitcoin did not invent scarcity.
It enforced it digitally, without trust.
Bitcoin is:
• Fixed in supply
• Permissionless
• Verifiable by anyone
• Independent of political systems
It does not promise yield.
It does not promise returns.
It does not guarantee adoption.
It simply removes monetary discretion.
Bitcoin does not succeed because its fiat price rises.
Its fiat price rises because fiat units lose purchasing power and more fiat flows into a fixed system.
Price is not value.
Value is preserved purchasing power over time.
Bitcoin exposes this distinction.
Most confusion comes from mixing frameworks:
• Treating Bitcoin as an investment instead of money
• Measuring success in fiat terms
• Expecting monetary neutrality from a debt-based system
Paper Bitcoin, custodial claims, ETFs, and derivatives reintroduce the very trust Bitcoin was designed to remove.
They may increase liquidity and price discovery, but they weaken monetary sovereignty.
Self-custody matters.
Running a node matters.
Using Bitcoin matters.
Money that is not used eventually becomes controlled.
The long arc is clear:
• Fiat systems require perpetual expansion.
• Expansion erodes trust.
• Trust loss drives capital toward harder money.
This is not ideological.
It is structural.
Bitcoin is not a revolution.
It is a reversion.
A return to money that cannot be altered, censored, or debased.
Whether it succeeds depends not on price, institutions, or narratives,
but on whether people choose to use it as money.
Hard constraints produce honest systems.
Honest systems produce long-term progress.
That is the conclusion.
#Bitcoin #AustrianEconomics #HistoryOfMoney #Money
Bitcoin’s design assumes personal responsibility.
Self-custody is not a preference.
It is a requirement of the system.
When Bitcoin is held through an intermediary, ownership becomes conditional. Access depends on policy, solvency, and permission. The holder no longer controls settlement. They hold a claim, not the asset itself.
This recreates the structure Bitcoin was designed to remove.
Self-custody restores finality.
If you control the keys, you control the bitcoin.
No counterparty is required to approve, reverse, or honour the transaction.
Running a node completes this.
A node does not create Bitcoin.
It verifies it.
By running a node, you independently enforce the rules you rely on. You decide what is valid. You do not outsource consensus to miners, exchanges, ETFs, or developers. Without nodes, Bitcoin becomes a set of promises rather than a protocol.
Verification is the separation of Bitcoin from trust.
Paper Bitcoin emerges when verification is abandoned.
ETFs, custodial accounts, treasury vehicles, and synthetic exposure all increase price exposure while reducing monetary integrity. They concentrate coins, fragment ownership, and introduce leverage. More claims are created than bitcoin available for settlement.
This is how gold was neutralised.
It is how fiat systems are maintained.
Paper markets suppress volatility until they fail. When confidence breaks, claims exceed reserves and settlement becomes impossible. The underlying asset survives. The claims do not.
Bitcoin resists this only if users do.
Self-custody prevents rehypothecation.
Nodes prevent rule changes by decree.
Usage prevents capture.
Bitcoin does not need institutional endorsement to function.
It needs individuals who verify and settle honestly.
Hard money only works if it is used as hard money.
Everything else is convenience layered on top of risk.
The protocol is simple.
The responsibility is not optional.
#Bitcoin #SelfCustody #NodeRunner
Britain’s national debt is approaching £3 trillion and is projected to rise well beyond that in the coming years. Debt interest alone is expected to rival or exceed core public services such as defence and education.
This is not an accident.
It is the predictable outcome of a debt-based monetary system.
In fiat systems, deficits are not treated as constraints. They are treated as tools. When spending exceeds revenue, governments borrow. When borrowing grows too large, currencies are expanded to service the debt. The cost is shifted from the balance sheet to the currency.
Austrian economics explains this clearly.
Debt does not create growth. It reallocates future purchasing power to the present. When borrowing becomes structural rather than temporary, it distorts incentives. Capital flows toward politically favoured spending rather than productive investment. Real wages stagnate. Asset prices rise. Living costs increase faster than incomes.
Rising debt interest is the signal that the system is tightening. More resources are required just to maintain past promises. Less capital is available for innovation, productivity, and real growth. The result is higher taxes, higher inflation, or both.
This is why unemployment rises even as governments spend more.
This is why living standards fall despite record budgets.
Hard money systems behave differently.
When money cannot be expanded at will, debt must be justified by real returns. Bad investments fail quickly. Capital is allocated more carefully. Growth comes from productivity, not leverage.
Bitcoin exists outside this framework.
It has no issuer.
It cannot be borrowed into existence.
Its supply does not expand to service political promises.
#Bitcoin does not fix government debt.
It exposes it.
As sovereign debt grows, the demand for money that cannot be debased increases. That demand is not ideological. It is economic.
This is the function of hard money.
Not to create growth, but to measure it honestly.
When the measuring stick stops shrinking, the problem becomes visible.
https://www.perplexity.ai/page/britain-s-national-debt-set-to-9M2jPgf9QKakBxT16d3KYQ
Price is not value.
Price is an expression in a unit of account.
Value is purchasing power over time.
When the unit of account weakens, prices rise even if nothing real has changed.
This is not growth. It is dilution.
Fiat currencies expand by design.
As supply increases, each unit represents less claim on real goods and services.
Prices adjust upward to reflect this loss.
Wages lag prices because wages are reactive, not instant.
They are renegotiated periodically.
Prices reprice continuously.
The gap is the hidden tax paid by labour.
This is why people feel poorer even when GDP rises and salaries increase.
The measuring stick is shrinking faster than income adjusts.
Hard money exposes this reality.
When the monetary unit does not expand, value shows up as:
• Falling prices
• Higher quality
• Increased purchasing power
Productivity is no longer masked by monetary debasement.
Progress becomes visible instead of distorted.
Bitcoin does not make things more expensive.
It makes the currency honest.
Price fluctuates.
Value is preserved.
Confusing the two leads to false conclusions.
#Bitcoin #HardMoney #Finance #Value #FiatCurrencies
A new year is a natural reset.
People set goals.
They reassess what matters.
They decide where to direct their time, energy, and effort.
This makes it a good moment to think about money.
Money is not wealth.
It is a tool for measuring and storing the value you create.
When the measuring stick is unstable, effort is distorted.
Productivity is punished.
Long-term thinking becomes difficult.
For decades, most people have been forced to trade their time for a currency that loses purchasing power by design.
The result is predictable: higher risk, more speculation, less saving, and constant pressure to chase returns just to stand still.
Hard money changes the incentive structure.
When money holds its value:
• Saving becomes rational.
• Long-term planning becomes possible.
• Productivity is rewarded instead of diluted.
Bitcoin represents this shift.
Not as a get-rich-quick scheme.
Not as a trade.
Not as a yield product.
But as a fixed-supply monetary system with no issuer, no discretion, and no need for trust.
In a Bitcoin standard, progress shows up differently.
Not primarily through rising prices,
but through:
• Falling costs
• Better tools
• Higher quality
• More efficient coordination
The goal isn’t to “number go up.”
The goal is to produce more value with less waste, and store that value honestly.
As this year begins, the question isn’t:
“How do I make more money?”
It’s:
“What am I building?”
“What value am I creating?”
“And what money do I store that value in?”
Hard money rewards patience.
It rewards discipline.
It rewards real work.
That is a good foundation for any year ahead.
#Bitcoin #NewYear #Productivity #ValueCreation