One of the most profound lessons the study of #Bitcoin, money, and economics will teach you is that the materialist perspective is incomplete. For humans, motivational significance matters more than any substantive reality...
A civilizational paradox: as we strive to push back the uncertainties of entropy through capital accumulation and the establishment of socioeconomic protocols, we run the risk of creating a tyrannies of excessive order. To succeed, we must surf a knife-edge of order and chaos...
Through our contentions with one another and the constraints of physical reality, we discover the contours of nature (human and nonhuman) and encode this knowledge into our "mythic structures" including the property rights and legal systems comprising nation-states.
When these "mythic structures" evolve in a way that is divergent from their purpose, "heroes" are called to courageously face the unknown and discover new, useful information necessary to reengineer our hierarchies in congruence with the contours of human and nonhuman nature.
This makes the hero (and its modern embodiment, the entrepreneur) a necessarily revolutionary figure. To contend with the unknown successfully, "articles of faith" are essential mechanisms for the entrepreneur to guide himself. Of these, none is more paramount than honest money.
When the "article of faith" of money is corrupt, it distorts the feedback loops between entrepreneurial efforts and outcomes, leading to rickety construction jobs on our many "mythic structures." To be honest, money must be as limited in supply as the time/energy it emblematizes.
Closely related to the concept of limitation is value, which humans use to prioritize their actions and assemble social hierarchies. Money is the social technology which communicates value with the highest fidelity—that's why it is our oldest and most important tool.
As the language of common economic numeracy, money is the primary link among human minds worldwide and humanity's many social hierarchies. When this language is congruent with the truth of time/energy scarcity, it harmonizes human action. When it is not, societies self-destruct.
I could go on and on about this work of art by @johnkvallis, but to truly appreciate the magnitude of his accomplishment, you'll have to read it all yourself.
A timeless piece of literature, this work answers the question "What is Money?" with elegance and force.
#Bitcoin is incorruptible money, and therefore it holds great promise to purify humanity's many hierarchies.
Everyone keeps asking me what I’m on to look like this at 40.
So here are all the peptides, anabolics, and hormones I used to reach 8.5% body fat at 227 pounds, 6’4” (a 100% transparent thread):
1. Retatrutide
Medical History & Informational Notice (Before Proceeding Further)
The data below is a personal record of treatments administered exclusively within a legal clinical framework under the direct supervision of licensed medical professionals. This information is shared for educational and historical purposes only. It is not medical advice, nor is it a recommendation. Any attempt to replicate these protocols without professional medical oversight is dangerous and may be illegal.
Ran for 3 cycles, building the dose up slowly over time.
Triple agonist hitting GLP-1, GIP, and glucagon receptors simultaneously (meaning appetite suppression, blood sugar control, plus fat oxidation all running in parallel).
The state doesn’t tax because it needs money.
It can print that.
Taxes exist to steal the value of your labor.
Taxes are a system of legal coercion designed to extort value from producers and redirect it toward political ends.
Once you see this, the tax code stops being confusing.
It becomes revealing.
🧵👇
The tax code is not neutral.
It punishes prudence. It punishes productivity.
It punishes saving in depreciating currency.
And it selectively spares those who deploy capital into productive systems.
Two systems of taxation exist:
• One for those who understand the incentives
• One for everyone else
“Rules for thee, but not for me.”
The current administration is taking this idea and sprinting with it.
The national debt is approaching $40 Trillion and you can’t tax your way out of that.
The only options are to:
Print your way out of it
Grow your out of it
The so-called ‘Big Beautiful Bill” exists to do both:
Spend (via money printing)
Tax deductions for business owners through bonus depreciation
Bonus depreciation isn’t generosity. It’s a desperate attempt to “stimulate” growth.
An economic hail-mary that business owners can stimulate enough long-term real economic growth to offset monetary debasement.
Are Bitcoin’s 4-Year Cycles Over?
The team at @BlockwareTeam thinks so — and their latest report lays out why Bitcoin is transitioning from a retail-driven boom-and-bust asset into a true macro asset class.
Here’s what it says 🧵👇
Historically, Bitcoin’s price action followed predictable 4-year cycles, driven by halving supply shocks and retail speculation.
But in the post-ETF era, institutional capital is changing the rules. The old cycle model is breaking down.
Since the creation of the ETF in January 2024, Bitcoin’s largest drawdown has been a mere 30%
One of the best ways to value Bitcoin (and remove the noise from the signal) is by using ‘Realized Cap.’ This is the value of all BTC based on the price they were last traded at.
Blockware’s report highlights a diminishing multiple between the Market Cap and Realized Cap. Moreover, their regression of these metrics shows that the impact of capital inflows is far more predictable post-ETF.
The immature, retail-driven market with wild reactions to capital inflows is over (both to the upside and downside).
How the Wealthy Avoid Taxes (Legally) — and Why Bitcoin Mining is the Newest Loophole
Donald Trump never paid much in taxes.
Not because he cheated — but because he understood one of the most powerful weapons in the U.S. tax code: depreciation.
He bought real estate, buildings, and claimed massive paper losses… and still made money.
Now you can do the same — with Bitcoin Mining.
🧵👇
Under Trump's original tax plan in 2017, investors could write off 100% of the cost of business equipment (like real estate renovations or machinery) in Year 1.
This is called bonus depreciation.
It let Trump "lose" millions on paper, while collecting real income.
That’s now BACK — thanks to the Big Beautiful Bill.
Bitcoin miners can now write off 100% of mining hardware costs in the first year.
Instead of writing off a property over the course of 39 years like real estate investors...
Bitcoin miners can depreciate everything instantly.
- Same tax shelter
- Higher returns
- Bitcoin income, not dollars
A good Commercial Real Estate investment returns 10% per year.
Bitcoin miners consistently return 50% per year.