Bitcoin is creeping back toward $100K and most people aren’t ready.

The 4-year cycle narrative is fading.
Gold’s multi-year setup before its 2025 breakout reveals something critical.
The Iranian rial’s collapse reveals the end game.

2026 might get wild 🧵👇 Every cycle-trained Bitcoiner is asking the same question:
Is this just another bear market rally before the real crash?

That question made sense in a world of clean four-year rhythms.
But that world may already be gone.

A sitting head of state was removed overnight.
Control of energy, minerals, and infrastructure shifted in hours.
No war. No negotiation. No drawn-out collapse.

That’s not noise.
That’s the global power board moving.

Bitcoin exists for moments like this 🧵👇 This wasn’t about removing a dictator.
It was about securing leverage.

When monetary credibility weakens, systems don’t heal gracefully.
They consolidate control over what still enforces power.

Why has Michael Saylor been meeting with the biggest banks in the world?

In a new interview, he explains the next phase of the speculative attack on fiat.

Not price.
Not narratives.

But credit — and eventually money itself.

Let’s put the pieces together. 🧵👇 For years, Bitcoin attacked fiat by absorbing capital.

Scarce.
Permissionless.
No issuer.

That phase worked. Bitcoin established itself as digital capital.

But Saylor says that was only phase one.

Four major institutions all moved toward Bitcoin immediately after the market forced out its weakest holders.
The timing wasn’t subtle.

What happened these last two weeks didn’t feel like random volatility.
It felt like the closing chapter of a classic Wall Street shakeout. 🧵👇 Start at the beginning:

A November dump big enough to flush leverage, trigger redemptions, and force weak hands out of the ETF complex.
Billions flowed out at the exact moment the market was most fragile.

That wasn’t the end of anything.
It cleared the runway.

Something about this Bitcoin selloff felt off.
A quiet MSCI memo.
A JP Morgan hit piece on MSTR.
Then a liquidation wave with no clear trigger.

And today, a new development dropped that makes the whole picture come into focus.

Let’s break it down 🧵👇 Start with MSCI.

In early October they floated a proposal to potentially exclude companies whose balance sheets are “predominantly Bitcoin.”

For firms like Strategy, that’s not noise — that’s a direct threat to index eligibility and passive flows.

There’s a reason the banking establishment is suddenly fixated on Bitcoin…

and why the pressure campaign against Strategy feels anything but organic.
This isn’t about a stock.

It’s about two incompatible monetary systems colliding — and only one survives. 🧵👇 You can see the pattern:
Margin hikes.
Frozen transfers.
Failure-to-delivers spiking.
Index gatekeeping.
Narratives deployed at peak fear.

This isn’t random — it’s a system trying to contain something it can’t control.

Bitcoin just tagged $92,000 and sentiment is worse than the 2022 FTX bottom and 2020 Covid crash.
Everyone’s afraid. Everyone’s asking if the cycle is dead.

But here’s the twist:
We may be living through the most bullish setup Bitcoin has ever seen.
Here’s the disconnect. 🧵👇
Nothing in the underlying thesis is breaking.
No protocol failures.
No systemic exchange collapse.
No macro shock like 2021→2022.

Yet we’re pricing like something fundamental is wrong.

Gold is ripping.
Bitcoin’s slipping.

This is becoming the story of 2025 — the world’s oldest store of value breaking out while the hardest money ever invented can’t catch a bid.

But what if that’s the plan? 🧵👇 The U.S. is cornered:
• Record peacetime deficits
• Rate cuts into sticky inflation
• Fading foreign demand for Treasuries

You can’t raise rates without detonating the debt.
You can’t print without killing confidence.
So what do you do?
You buy time.

🧵 The Risk-Free Rate Is a Myth

Economists love to talk about the “risk-free rate.”

It usually means the yield on U.S. Treasury bonds.

The assumption: these bonds can’t default, so they’re “risk-free.”

But here’s the truth - they aren’t risk-free at all. 👇 When you buy Treasuries, you’re lending to the U.S. government.

Yes, technically the U.S. won’t default. It can always print more dollars to pay you back.

But that printing power comes with a hidden risk: inflation.

Lyn Alden just dropped a 2-hour masterclass with Tom Bilyeu to his 4.5M+ subscribers.

If you don’t understand what’s happening to money right now, you’ll wake up on the wrong side of history.

Here are 10 insights on where the system is breaking—and what comes next. 🧵👇
1. Fiscal Dominance: The Train With No Brakes

The Fed once cooled inflation by hiking rates. That era is over.

Deficits now dwarf private credit creation, so higher rates blow out interest costs.

This is fiscal dominance—no brakes, and debasement becomes policy.

In 1971, Nixon closed the gold window.

Most think the story ends there—dollars left gold and became fiat.

But the real story is what happened after—and why it still drives global markets today. 🧵👇
Under Bretton Woods (1944), the dollar was pegged to gold at $35/oz, and other currencies pegged to the dollar.

This made the U.S. the world’s banker: issuing dollar liabilities while foreign nations held them as reserves.

🧵 Housing Hyper-Speculation & the Bitcoin Savings Standard

An expanded analysis of housing market dysfunction and a Bitcoin-based alternative strategy 👇 The Diagnostic Snapshot: Understanding the Affordability Crisis

The current state of American housing reveals a profound market distortion that has priced out an entire generation. The median U.S. home resale price has reached $𝟰𝟮𝟮,𝟰𝟬𝟬, while the typical American household earns just $𝟴𝟬,𝟲𝟭𝟬 annually according to Census data and the National Association of REALTORS®.

This creates a price-to-income ratio of approximately 5.2×, meaning the average home costs more than five times what the average family makes in a year. To put this in perspective, economists and housing policy experts have long considered a ratio above 3.5× to be fundamentally unaffordable for most families.

What does this mean practically? A family earning the median income would need to dedicate an unsustainable portion of their earnings to housing costs, even with traditional financing. This ratio suggests that housing has become disconnected from the underlying economic reality of what Americans actually earn, indicating that prices are being driven by factors other than local wage growth and genuine housing demand.

This imbalance represents the foundational problem underlying all other housing market dysfunctions we'll explore in this thread.

The Fed says it cares about inflation.
But that’s not the truth.

Its real mandate is keeping U.S. debt liquid — at all costs.

That’s why the dollar will always be devalued… and why Bitcoin treasury companies exist. 🧵👇
Officially, the Fed has a “dual mandate”:

1.Price stability (2% inflation target)
2.Maximum employment

But that’s a cover story.

🧵The Power of DCA into Bitcoin

Dollar-cost averaging (DCA) = investing a fixed amount at regular intervals, no matter the price.

It smooths volatility.
It captures long-term growth.

We backtested from Jan 1, 2015 → Aug 28, 2025.

Spoiler: the results are mind-blowing.👇 Why DCA into Bitcoin?

BTC isn’t just digital gold.
It’s inflation hedge.
It’s store of value.
It’s the best-performing asset of the decade.

Consistent buys = no timing stress.
No FOMO.
No panic selling.

Just steady wealth building.

🧵The Sovereign Debt Maturity Wall and the Bitcoin Escape Valve

Trillions in government debt must be refinanced at higher rates. The math does not close.

Bitcoin is the market’s pressure release. 👇 1/12 — The Maturity Wall

Government debt issued in the zero-rate era is coming due while rates are still high. The OECD estimates about one-third of fixed-rate sovereign debt in the OECD will mature by 2027, much of it originally issued below 2 percent and likely to be refinanced closer to ~3.5 to 4 percent. That is a structural jump in interest costs.

1971: The Year We Raised Time Preference

When money lost its anchor, everything sped up and got worse.

You feel it in your bones and in your budget.

Shorter horizons. More debt. Less real saving.

We traded patience for velocity and called it progress.

Here is what changed, how it shows up in daily life, and why Bitcoin gives you a way to opt out and rebuild long term thinking. Austrian econ 101. Your time preference is how much you discount the future relative to today. Hard money that holds value rewards patience, planning, and craftsmanship. Soft money that erodes nudges people to spend first, borrow often, and hope policy bails out the gap. Change the money, change behavior, change families, change feedback loops across the whole culture.

Lyn Alden just dropped a bombshell in her latest newsletter:

The U.S. is taxing itself with the biggest tariff increase in modern history—$400–500B per year.

Fiscal brake meets monetary gas pedal. That tension? Rocket fuel for Bitcoin. 🧵👇
During Trump’s first term, tariffs doubled from ~$40B to ~$80B annually. Manageable.

Now? We’re at a $360B run-rate, headed toward half a trillion. This is a structural change.

On Tucker Carlson, Dave Collum claimed Bitcoin is just a setup by the NSA to usher in CBDCs.

Here’s the irony: the real Trojan horse is already here.

The U.S. debt machine is quietly financing Bitcoin adoption. And once you see how, it’ll blow your mind. 🧵👇 Collum’s claim is simple: governments will never allow Bitcoin to take over. He thinks it’s all a setup to get us ready for central bank digital currencies.

Problem is, that flips reality on its head.

Bitcoin hit $124,500 last week.
This morning it plunged to $112,300 — a 9.7% pullback.

One spark? Strategy’s equity guidance update: a catalyst for MSTR’s sharp drop and the broader treasury shakeout.

But is this a crack in the model, or the setup for S&P 500 rocket fuel? 🧵👇
The update was announced publicly by Saylor.

Here’s the part that caused the outrage:
Strategy “may issue equity to pay debt interest, fund preferred dividends, or when otherwise deemed advantageous.”

That single line reopened optionality and rattled confidence.

Bitcoin has survived everything thrown at it so far.
But what hasn’t it faced yet?

Let’s talk about the real threats still looming over Bitcoin — and why most don’t see them clearly. 🧵👇 Start with the obvious: regulation.
Even after Trump’s pro-Bitcoin pivot, the risk remains.

A future administration could swing back hard — weaponizing choke points like banking access and custody rules.

The fight isn’t over.

Inflation isn’t an accident.

It’s not a policy mistake.
It’s not “bad management.”

In our current system, it’s baked in.

Here’s why the money you hold will always lose value—and why Bitcoin changes the game. 🧵👇 When we left the gold standard in 1971, money stopped being tied to anything finite.

Dollars became credit-based.

Every new dollar was created through lending—mortgages, government bonds, corporate debt.