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For most of my adult life, the economic world operated according to a set of assumptions that seemed almost permanent. Interest rates would eventually go lower. Government bonds were safe. Inflation would remain contained. Human labor was scarce and intelligence was expensive. Technology would make things cheaper. The dollar would remain the unquestione…

For most of my adult life, falling inflation meant falling interest rates.

There is a difference between being alone and being lonely. It took me a while to understand that.

Something strange has happened to my work over the last year.

In 2008, Suzanne Collins was channel-surfing between reality TV and Iraq War footage and was inspired to write a plucky, anti-authoritarian manifesto about a teenage girl who brings down a tyrannical government using a bow and arrow. Most readers take it as a populist triumph, a story that encourages young people to question inequality, media spectacle,…

It has been a while since I wrote here.

Greetings from Presidio Bitcoin!

Rumpelstiltskin is a four-hundred-year-old warning, and the people who encoded it didn’t have newspapers or courts or any official channel to name what was being done to them. So they gave it a spinning wheel. A tower room. A strange little man who dances alone in the dark.

If the original Hunger Games was a manual on how the Elites control the Masses, The Ballad of Songbirds and Snakes is a manual on how the Elites control Themselves.

Welcome to the 42nd Edition of The Bitcoin Newsletter

This is the part 2 of the article I emailed you almost 2 years ago.

The Midwest Bitcoin Summit put a Bitcoin conference and one of the country’s largest cannabis business conferences in the same convention center, on the same days, with free access between them. That is not a scheduling accident. It is a bet that the fastest way to explain Bitcoin to someone is to find people who already live with the problems it solves…

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Since its publication last week, [[alloc] init]’s Shielded Bitcoin proposal, along with PIPEs v2 published earlier this year, has generated plenty of excitement, along with a fair share of skepticism. Not surprising. The proposals use relatively novel cryptography to pursue something ambitious: private Bitcoin transfers, programmable vaults, and more ex…

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$80K Consolidation?

When I first read Satoshi Nakamoto’s Bitcoin white paper in December 2013, I was not staring at a finished financial system. I was looking at nine pages describing an idea that almost everyone around traditional finance could still comfortably dismiss. Bitcoin had no ETF, no Strategic Bitcoin Reserve, no stablecoin law, no major asset manager building a…

I don’t mind the con. There’ll always be suckers out there. It used to be penny stocks. Then crypto and meme coins. Now it’s sports betting.

BITCOIN INSPIRED · Thursday, October 1, 2026

This period of astrology asks a question that reaches far beyond price: As Bitcoin becomes part of the financial establishment, who ultimately holds the power?

Bitcoin returned to an eight-month high as ETF inflows accelerated, but miners captured only a part of the rally. A short-term hashrate peak pushed difficulty higher, leaving hashprice stuck near $40/PH/day. Despite margins still being under pressure, PowerCompute announced they add 11.8% more hashrate without adding power. This case shows how smaller o…

You have watched this happen

BITCOIN INSPIRED · Tuesday, September 29, 2026

Bitcoin miners spent $75,500 in cash to mine a coin worth $58,400 last quarter.