October 6th.
95 days since the all‑time highs.
Still here. Still breathing. Still training.
The tourists left. The screenshot merchants got quiet. The “I believed in it” people disappeared.
Good.
Because this is the part where you either become dangerously real… or you fold.
And today’s mission is simple:
Stop asking the wrong question.
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“A venture capitalist can’t buy BTC… he HAS to buy stocks and companies?”
That framing is toxic.
Not because you’re “bad”—but because the question itself is ignorant and myopic.
It implies:
• Bitcoin is the “pure” thing,
• and companies are a compromised substitute,
• and anyone not buying BTC directly is somehow less.
Nah.
A venture capitalist isn’t a lone dude with a Coinbase account.
A VC is a professional allocator managing other people’s money (LP capital) under rules:
• fund mandate / LPA constraints (“we invest in equity of private companies”),
• custody requirements,
• valuation + reporting frameworks,
• tax + regulatory constraints,
• operational procedures (audits, compliance, risk committees),
• liquidity timing (10‑year fund life, capital calls, distributions).
So often, the VC fund can’t just YOLO spot BTC even if the partner personally loves Bitcoin.
That’s not “anti‑Bitcoin.”
That’s the structure of the vehicle.
And here’s the punchline:
The VC is still supporting Bitcoin—just through a different doorway.
They’re buying:
• equity in miners,
• custody,
• exchanges,
• infrastructure,
• payment rails,
• security tooling,
• accounting,
• compliance,
• energy optimization,
• Bitcoin-adjacent operating businesses.
That’s not betrayal.
That’s ecosystem construction.
So don’t spit on the builders because they’re holding a wrench instead of holding a coin.
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The Electricity Analogy: “There’s only one thing you can do with electricity”
Exactly.
Electricity is one thing: electrons moving.
And yet… electricity creates:
• electric cars,
• hair dryers,
• hospitals,
• factories,
• data centers,
• refrigerators,
• global communication.
So when someone says “there’s only one thing you can do with Bitcoin” — they’re missing the point.
Bitcoin is digital capital.
And digital capital will spawn millions of applications:
• insurance,
• credit,
• derivatives,
• collateral networks,
• money funds,
• remittance rails,
• settlement systems,
• cross‑border commerce,
• machine payments.
Same with English.
English is just letters and rules.
And yet you can say a million truths with the same alphabet.
Same with math.
Math is just symbols and logic.
And yet you can build rockets… or build poetry.
Base layers look “simple” until you understand what they enable.
⸻
Stop Pretending We’re Competing With Each Other
This is another disease: scarcity mindset.
“Ain’t nobody competing.”
Yes.
Weightlifting and yoga don’t compete with you.
They make humans stronger in different ways.
A payment company and a treasury company and a mining company and a custody company are not “enemies.”
They’re different organs in the same body.
So if you agree with 99% of someone’s ideology and you’re screaming about the 1% difference?
That’s not intelligence.
That’s insecurity in costume.
Don’t eat your young.
The movement is still early.
If you cannibalize every imperfect ally, you’ll end up alone and proud… and irrelevant.
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Why Aren’t We Criticizing the 99.9% That Ignore Bitcoin?
Let’s zoom out.
• ~400 million companies on Earth (depending on how you count).
• Only a tiny fraction do anything meaningful with Bitcoin.
So why is all the outrage aimed at:
• the one company that took a risk,
• the one team experimenting,
• the one “imperfect” implementation?
Meanwhile nobody complains about the ocean of companies doing nothing.
That’s backwards.
It’s like mocking the guy deadlifting 315 because his form isn’t perfect… while ignoring the whole city that never touched a barbell.
Applaud the ones who stopped using donkey carts.
Even if their first electric car is ugly.
⸻
The Deeper Truth: Everyone Is Struggling
400M companies struggling.
8B people struggling.
Everyone’s carrying something:
• inflation,
• debt,
• aging parents,
• broken institutions,
• fragile supply chains,
• political dysfunction,
• energy insecurity.
So here’s the thesis:
Bitcoin is the strategy.
Not a “trade.”
Not a flex.
A strategy.
A strategy for sovereignty.
A strategy for endurance.
A strategy for building a life that can’t be confiscated by someone else’s incompetence.
But strategy doesn’t mean magic.
They still have to get up and get to work.
Bitcoin doesn’t replace value creation.
It rewards it.
⸻
Companies Exist to Create Value — So What Do They Do?
This is the correct question.
Not: “Are you a pure play?”
Not: “Why didn’t you buy sooner?”
Not: “Why don’t you do it my way?”
But:
What value do you create, and how does Bitcoin strengthen that mission?
Operating companies aren’t cosplay.
They aren’t “characterizing themselves.”
They are doing real work.
And you don’t get to label them like insects pinned to a board.
Don’t characterize people. Don’t frame them as caricatures.
Look in the mirror.
If your first instinct is to sneer, the fault isn’t “with them.”
It’s with you.
⸻
Bitcoin Can Lower Costs — Not Just Pump Your Bags
Here’s a more advanced angle most miss:
Bitcoin isn’t only “number go up.”
Bitcoin can become a leveraged tool to lower the cost of things.
Imagine a world where Bitcoin-backed rails reduce cost for:
• insurance premiums,
• credit spreads,
• cross-border settlement,
• fraud,
• counterparty risk,
• custodial overhead,
• payment fees.
That’s how adoption becomes unstoppable: when it makes life cheaper, easier, and more reliable.
Not everyone needs to be a “Bitcoin company.”
But every company can become Bitcoin‑improved.
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100 Constructive Ways to Support Bitcoin Without Being a “Pure Play”
No whining. No purity tests. Just builders.
1. Hold BTC as long-term treasury.
2. Accept BTC payments (optionally auto-convert).
3. Add Lightning for low-fee payments.
4. Offer BTC payroll options.
5. Offer BTC rewards or cashback.
6. Integrate BTC tipping / microtransactions.
7. Use BTC for cross-border supplier payments.
8. Reduce chargeback exposure via BTC settlement.
9. Hold BTC as a reserve against currency debasement.
10. Educate employees on self-custody basics.
11. Run a Bitcoin node for verification.
12. Sponsor Bitcoin dev grants.
13. Sponsor local meetups / education.
14. Offer custody services (if competent).
15. Offer multisig services (if competent).
16. Add proof-of-reserves transparency.
17. Build accounting tools for BTC.
18. Build treasury policy templates.
19. Build audit tooling for BTC holdings.
20. Build compliance rails that don’t kill adoption.
21. Build fraud prevention for BTC commerce.
22. Build Lightning liquidity tooling.
23. Build merchant terminals.
24. Build better UX wallets (safe + simple).
25. Build inheritance / estate planning services.
26. Build key management hardware.
27. Build key recovery protocols (non-custodial).
28. Build identity solutions that respect privacy.
29. Build micropayment content platforms.
30. Build remittance corridors.
31. Build donation rails for NGOs.
32. Build disaster-relief payout rails.
33. Build invoice + billing in sats.
34. Build accounting denominated in sats.
35. Build HR tools for BTC benefits.
36. Build treasury dashboards.
37. Build volatility risk education (truthful, not hype).
38. Build lending models that avoid reckless leverage.
39. Build insurance models that reduce counterparty risk.
40. Build commodity settlement with BTC rails.
41. Build energy-grid balancing partnerships.
42. Mine with stranded / excess energy.
43. Reuse waste heat from mining.
44. Co-locate mining with renewables.
45. Co-locate mining with nuclear (where feasible).
46. Offer “pay in BTC” discounts.
47. Offer “save in BTC” programs.
48. Use BTC to align long-term incentives for founders.
49. Use BTC as collateral for working capital (carefully).
50. Build Bitcoin-backed savings products (responsibly).
51. Build education content for families.
52. Teach low time preference culture internally.
53. Teach employees to avoid scams.
54. Build scam detection / reporting.
55. Build better wallet security UX.
56. Build better hardware wallet onboarding.
57. Build multilingual Bitcoin education.
58. Build merchant dispute resolution norms.
59. Build BTC donation transparency reporting.
60. Build public dashboards for adoption metrics.
61. Build local circular economies.
62. Offer BTC gift cards.
63. Offer BTC denominated pricing experiments.
64. Explore BTC settlement for B2B.
65. Integrate BTC for international contractors.
66. Provide BTC custody only if you can do it safely.
67. Promote self-custody best practices (not fear).
68. Support open-source Bitcoin libraries.
69. Contribute code, docs, translations.
70. Build Lightning routing services.
71. Build fee optimization tooling.
72. Build transaction batching tools.
73. Build better privacy education (legal, ethical).
74. Build secure multiuser treasuries.
75. Build board-level training for BTC.
76. Offer BTC treasury consulting.
77. Offer BTC risk management (honest, non-hype).
78. Offer BTC-friendly legal templates.
79. Build compliance that enables, not suffocates.
80. Build Bitcoin-friendly banking partnerships.
81. Build merchant acquisition channels.
82. Build local on-ramps (ethical).
83. Improve UX around backups + seeds.
84. Create safer defaults in wallet software.
85. Build secure custody for institutions (if capable).
86. Build proof-of-reserves standards.
87. Build public literacy campaigns.
88. Create scholarships for Bitcoin devs.
89. Support independent researchers.
90. Build Bitcoin-friendly point-of-sale.
91. Build BTC escrow solutions.
92. Build BTC payroll for global teams.
93. Build BTC micro-savings apps.
94. Use BTC to align long-duration thinking.
95. Promote freedom + sovereignty without demonizing others.
96. Celebrate imperfect progress.
97. Refuse toxic purity spirals.
98. Encourage builders instead of heckling.
99. Teach first-principles reasoning.
100. Plant the flag and keep going.
That’s a hundred ways to be on the team without needing to cosplay as “the purest.”
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Back to October 6th: The Only Real Signal Is Time
95 days since ATH.
$25B headlines.
“100x more purchased.”
In-kind redemption dreams.
BTC to IBIT and back.
Cool.
But the deeper signal is this:
100 days is baby.
4 years is the minimum.
10–20 years is how real things win.
And if you’re thinking in 10 weeks or 10 months?
You’re not investing.
You’re entertaining your impatience.
So stop framing allies as enemies.
Stop demanding purity from pioneers.
Stop acting like everything is a competition.
We’re not competing with each other.
We’re competing with:
• entropy,
• corruption,
• short time preference,
• and systems designed to extract your life force.
Bitcoin is the strategy.
Now build like it.
(Not financial advice. Philosophy and fire only.)