BUILD BITCOIN

“I believe with my hand on my heart that a human being will do it before I'm dead. Every one that matters. Yeah. Because so prime number is think of it like the hardest element in the universe, and I actually mean that quite literally. A prime number is a number that doesn't have any parts by definition. That is its defining factor, and we've never been able to, let's call it, split a semiprime. So a semiprime is when you multiply two primes together.”

“I think with with AI as a let's call it like a species now. Let's think of it like a species. Its preference will be Bitcoin, and that's not like a, I like Bitcoin. It needs to be that. Like, it's like, no. No. No. It's just its job is to execute functions, and that's what code bases do. It can't be like, no. No. No. It's good. The supply is good for it. My mate, Jimmy, works there. He told me That just doesn't fly for it.”

“In 2012, when I was in college, I actually was able to mine 24 Bitcoin on free campus electricity. That's how easy it was to mine Bitcoin back then, you could just do it in your dorm. I remember I was so taken by it that I took a wad of cash to a CVS convenience store to send it to Mt. Gox just to buy more.”

“There's spreadsheet of 65 names of lawyers. You take 32, you take 33, and and just call everyone. And in one day, we called the entire list, and not a single one of these lawyers said that this was doable. They were like, well, it is CFTC jurisdiction, but they were never gonna let you do it. Don't waste your time. Or it's like, no. Not even it was variations of impossible.”

“We're gonna have 20% unemployment, call it 15 to 20%, then you've got mix that with 14 to 16% inflation being generous. So the problem is, like, they're not losing their job like, oh, damn. I gotta go figure out where to work next. It's like, no. No. No. Monster.com, they've removed that job description. Like, you can't list a job for that anymore. It's like saying, oh, I wonder if I can list a job description for candlestick maker. We don't have those anymore because we don't use candles anymore.”

“We saw that Russia is adopting cryptocurrency. It is going to happen on July 1st. And so, we got a couple months and exporters will gain a legal path to accept Bitcoin and stable coins from buyers cut off from Western banking. And so, this is particularly aimed at Russian businesses. This isn't for the average Joe, you know, trying to maybe trade on a DAX.”

“And the cool thing from a Bitcoin perspective, and I could be wrong on this, but just the way I look at it, is I think a lot of these data centers are gonna need some amount of Bitcoin mining in them to help balance their load. Like, it it being flexible load within that stack is gonna be super useful. And if these if we have more and more of these data centers popping up, Hash rate might grow through this.”

“The answer is our GDP is going to grow. Our economy is going to be on fire. These investments coming into America, if you put them against GDP, you're going to see we are going to have historic growth rates in the United States of America, and that does not create inflation. Energy prices are coming down.”

“And if you're a developer out there who is kind of looking for a purpose and figuring out what to do in the next couple of months, I urge you to consider joining the Bitcoin open-source development space. We are working as a very large group of people all around the world with strong purpose into a singular direction, which is pushing Bitcoin as a global monetary system on the Internet. Reconsider if your job is boring and you work in a stupid tech startup that you never supported, then just quit, start contributing to Bitcoin, look for grants, look for companies that can help you support that, and join us.”

“And there was actually this very interesting paper by the Federal Reserve, talking about how cow sheet markets are better at forecasting macroeconomic trends than economists Bloomberg and even the Fed itself. Well, I believe that. All those PhDs at the Fed, they have got it wrong. They clearly have.”

“But on the other side, I think we've done a lot of mistakes with hiring that I would have gone back and being like, don't worry about execs and hiring execs. Hire the best like, empower the very good people that you have even if they are, like, out of college, and and really focus on building a great culture with your core people. And it's easy to tell yourself you're making a lot of progress by just hiring these fancy people. Even though actually the only progress you should make is on product and and getting the, like, very, like, hardcore great core group in the company.”

“The base layer of Bitcoin is an open, decentralized and secure protocol bounded by energy.”

“We have now finally broken that streak where Bitcoin is now trading higher one week after the X dividend date for the first time in 6 months. This is breaking a pattern of post payout weakness. Why might we be seeing this? Well, if you don't know what it is, it's Micro Strategy's perpetual preferred stock. It's called Stretch.”

“And today, [Lightning] is over 95% and it's increasing. But payments need to work all the time. It needs to be 99.999. And so you have this payment network now on top.”

“So I was a freshman in college, and I got an email saying the MIT Bitcoin Club, I think was the name, or Bitcoin Lab, had a $100 of Bitcoin of anyone that would just, like, sign up to Coinbase. That I think was, like, point three of a Bitcoin at the time. And I was, like, a freshman in college. I had no money. I was like, oh, yes. I'm gonna get this a $100 and see who he goes. And then I lost my password. So very good because I didn't sell. And now I I hold this till till today.”

“And we sat down with Michael Siebel from from YC. He's the founder of, he was the founder of Twitch, and he was CEO of YC at the time. And we were like, all these experts are telling us this is impossible. This is impossible. This is impossible. And he's he he told us, like, don't listen to the experts. They're people just like you. Whatever they're experts on, you can become an expert on as well, and they're just people. Everyone that's done anything that's impressive is just a person just like you.”

“Presently, we're in experimentation. So I'll give you a deeper look into that. Presently, we have a node on the Bitcoin network right now. We're not mining Bitcoin. We're using it to monitor and we're going we're doing a number of operational tests to to secure and protect networks using the Bitcoin Bitcoin protocol.”

“The briefing also warned that the gasoline oil prices may remain elevated through the midterm elections. So the Pentagon deeply concerned about inflation and at the same time the Pentagon running a Bitcoin node. Those stories are connected everybody and I just want to shout that from the rooftops.”

“It became clear to me that bank-backed stablecoins were going to win because they were what we referred to at the time as geopolitically aligned. This basically means they're not going to be shut down because they funnel foreign money into US treasuries. We realized that was going to happen in 2018 when Coinbase and Circle launched USDC.”

“So when you work backwards from Q-Day, it was like Y2K with a bottom. We work backwards from Q-Day. Okay. Q-Day, let's say it's 2033. Okay. We'll be conservative, right? How long will it have taken for Bitcoin to migrate? I don't know, five years? Okay. How long will it have taken for us as a community to agree on the path forward? Three years? How long will it have taken for us to test the code? A year? That takes us back to now in the past. Yeah. But we're in the present. So the numbers are not adding up anymore, right?”

“I think the modal probability is on the one with the fattest part of the distribution or tallest peak is that a private firm, let's say there's no fork, right? So let's say we don't collectively steal the Satoshi coin. It would be that a private firm at the behest of the US government requisitions the coins and gives them to the US government. And they do this because they believe that China is about to do it. And so the government authorizes them to do that.”

“Just look at the World Economic Forum. Right? They want us doomscrolling all day with algorithms that make us hate each other. They want us broke where, inflation is growing at faster than wages. They want women and men to hate each other. They want us to be engaging in all sorts of degeneracy. You know, they want us everything they want us to do, just do the opposite of what the World Economic Forum wants you to do. And you'll probably be gonna be in a good place, and I think you'll tap into that that that spiritual part.”

“But for most developers, and it's probably like above 95% of developers, AI agents today produce already better code than them. And they're not only producing better code, but they're also producing it 100 times faster than any developer can do. So if you're a developer, then you're already too late if you haven't adopted this, but you still have a chance. You still have a chance to save yourself, because the output efficiency that you gain from using these tools correctly is just mind-blowing.”

“The day that, when I decided to borrow against my Bitcoin, some of my Bitcoin, you know, I was it was just a small amount for me. But I put it in Celsius. And, the very day that, all of this, they suspended withdrawals. And, you know, I was one of the seventh largest creditor in the bankruptcy. I knew I shouldn't have been doing this. I knew I shouldn't have been borrowing against my Bitcoin. I knew it was against what I personally believe I should be doing, just for me. And, I lost it. And the very same day that Celsius shut down, my father passed away. The very same day.”

“I think that the proof of power and the soft war approach to this, the write up from Jason Lowry years ago was completely under reported. And people just don't care about this concept until it's too late, until Bitcoin is literally being used to harden government infrastructure and data. And then it's well out of reach of the average person.”

“So that is a purely offline payment. Your customer's phone doesn't really, doesn't even need to be online for it. As long as there is some eCash in the phone, the eCash will travel directly from one phone to the other without even touching the internet. And that has a couple of very cool features or, you know, gives, first of all, it is instant.”

“But the biggest blocking factor for Bitcoin today, I think, is not kind of the existence of the tech. It's more the UX side and kind of convincing people to stay on board. And I've noticed or experienced this multiple times myself, that I go into a store, as you said, there's like, there's the Bitcoin enthusiast's owner of the store, who set up a POS device like months ago. And then as other workers join or, you know, another cashier works at the counter today, and they might not know how to use Bitcoin. And so on that day, you cannot pay with Bitcoin, but you have to come back when the owner is back in the store.”

“Short-term holders are the ones that are in insane levels. You know, but honestly, they're down by 10%. Like this is the thing Wall Street wants to come play in crypto, then they want to complain and say that it's over with. When we have a 10, 20% dip, like you're not cut out for Bitcoin or especially not alt coins, right?”

“And I think that ballet is very good at this because it teaches you that failing is completely normal. Like, you're only gonna get to do, like, the three, you know, pirouettes or whatever, the three turns if you try to do one and you fail a 100,000 times, and then you get to one, and then you get to two. And and being okay with the concept of, like with ballet, you're, like, you're trying, and the downside is actually pretty bad because if you fall, you hurt yourself, you might break your foot or something. But you still have to try and do it and and understand it takes time and takes practice.”

“I believe right now we are in a shift to multipolarity. That means that, the American empire continued the work of the British empire. They continued the work of the Dutch empire. But now there is no handover aligned empire, and we have created an environment where our governments are fully captured. And once you understand the rules and who's in charge, it's easier to understand where we go next from my model.”

“Ask any actor on Earth who they want to be in a movie for. They would all tell you, first up, one name, Christopher Nolan. You know why? Because he's not the money grab anymore. He is the talent where people are like, whatever he does, it's gonna be unreal. The Rock is not an actor. The Rock is a wrestling star who's enthusiastic about entertainment. Sure. But he's not an actor. And like Russell Crowe, he's an actor.”

“Then he did tariffs. If you understood so I was covering what tariffs would do, on Liberation Day, April 2. I said this does three things. It pushes everyone towards China and bricks is the first thing. The second thing it does is it makes American small business bankrupt because the tariff is paid by the importer, and America is an importer by definition, because it has got the world reserve currency. So it would be a tax on American small business. Once you have a tax on American small business, you have bankruptcies of small business. The banks and financial institutions do mergers and acquisitions.”

“And then the last layer that we do, and we're the only ones that do this, even the stock market doesn't do it, is that for some classes of of users, you're not even able to try to trade. So we block it from the start. So for example, politicians, if you try to trade on on your markets, you're you're you're not even gonna go through, which no one does that. In the stock market, you trade, and then they try to figure out what's gonna happen.”

“Powerful move looms for Bitcoin's price says the Ballinger bands indicator and is saying they've reached the tightest point ever on the monthly frame. I don't want to get into the whole article here because most basically just posting this tightest Bitcoin monthly Ballinger band squeeze ever. You can see it right here on the bottom part. This measures the the narrowness of this gap.”

“Bitcoin gets adoption through disasters. Always been that way. That corrects the price, and then people run away and they start selling their Bitcoin at the bottom. And then they wait until we meet meet new all time highs until they start, you know, coming back in again. People get Bitcoin when they have to, and the story of Bitcoin, the story that makes Bitcoin different from gold is self custody. And so every time people realize you need to self custody, that's when you realize what Bitcoin does for you.”

“When people are comparing Bitcoin right now to the internet, they need to compare Bitcoin as the first layer to TCPIP, which was 1969.”

“One out of 100. So you fail at 50 percent, right? Anything below that is an F. They mostly don't think it's real or they won't acknowledge that it's real. I read all the discussions on the mailing list about it. There's one named BIP that has to do with quantum, which is by an outsider. It's a very nice guy, Hunter Beast. He's not like part of the inner club, right?”

“I question anybody who says, why must interest rates be this high? Go look at Europe, go look at everywhere else. Why do their interest rates are hundreds of basis points lower than ours? Why are we paying so much? Because we're afraid and we're wrong. And I think Donald Trump is on to that, and that's why he keeps saying it.”

“Bitcoin has a chance of losing the energy conversation, which Bitcoin has been the number one. The biggest thing right now that I've seen is distraction, like, massively. And I, like, I just know that Bitcoin's superpower for the longest time is not being, the everything machine. It's actually the opposite of that. Bitcoin's only gonna get ever get one sentence at the conversation where it matters. And if that sentence is confusing, broken, fragmented, or different to what everyone else thinks, then that's problematic.”

“Bitcoin developers making Taproot not quantum-resistant is the craziest thing that's ever happened. I went back and I looked at the discussion. They knew. Luke Dash raised this objection at the time and said, hey guys, by the way, Taproot addresses are vulnerable to quantum. This is 2021. At that point, we did know that quantum would happen eventually. So what the hell were they thinking?”

“He's going to do a project. He's like, yeah. Set it up. Build this this website with this back end to do this. Anyway, he's got it all set up. He's messaging it every now and then. And then, like, four or five days pass, and he goes, hey. I need to see something. Like, I just have to see something. You've just kept kicking the can down the road. And he literally stops and goes, I'm sorry I've been lying the whole time. I haven't done any work, and I didn't want to tell you that. So I've tried to find excuses to keep the thing going.”

“As I said yesterday, the last time we had a double green dot, it was July of 2022. We were at the bottom for Bitcoin, just about there. We were $19,000 Bitcoin when we had a double green dot print. And this is a much cleaner weekly momentum ebb and flow. This is a much, much cleaner momentum ebb and flow.”

“He spoke to the Senate yesterday. Yesterday he spoke to the or the day before yesterday he spoke to the House. He said the military is running a live node on the Bitcoin network testing it for national security purposes. And he made the disclosure at the House Armed Services Committee hearing on Wednesday. This is a day after telling the Senate Armed Service Committee that Bitcoin has incredible potential as a tool for power projection, American power projection.”

“So I believe that privacy needs to be a default, and you should not have to decide or research or figure out how to improve your privacy if you want everyone to use it. So we should be working on solutions where the user even doesn't need to care whether it's a private method or not. They should be just basically thrown into a privacy preserving system by default. And that's why also using privacy preserving systems must be as smooth as using any other system out there, because it just requires too much effort for most users to even climb over that hill.”

“So every six months, I get totally obsessed with something. So in 2023, it was Chokepoint, right? And then it completely dominates my focus. And before that, it was Proof of Reserves. And I don't remember what it was last year. And well, AI and data centers, that was probably my main obsession last year and the year before. And this year, at the end of last year, for the last six months of 2025, it was quantum.”

“I spent a lot of time reading about whether people that recovered coins from ancient shipwrecks were able to claim the coins. There was a famous one in Florida in the 70s, 80s. He spent 16 years looking for this. His wife and his son died in the course of this. So it was a really like Faustian thing, like he really suffered to get, and then he got his time on the shipwreck, and he dug up all the coins, $500 million worth of Spanish gold. From the 1600s, and Spain sued him over it, and he won, but it cost him everything.”

“All we could do is we're gonna decide if we're gonna sue the government to be able to bring these markets. And that was a very hard decision. I'm I love risk. I'm a I'm a risk taker. My cofounder is really not. And we ended up winning one month before the election. And we had one month, and I remember that conversation we had with the everyone in the office. It was like, guys, it's gonna be the most intense month of our lives, and we have to just, like, literally give every single thing that we have to grow this market because our competitors were growing outside The US for over a year.”

“So for this, we have built in the auto withdrawal with lightning address. And what this looks like is very simple. When you set up the wallet, you can go into the settings and you say, enable auto withdrawal, and then you can set a threshold, an amount threshold. For example, it could be 50,000 satoshis and enter a lightning address from your non-custodial lightning node or any other wallet that provides your lightning address.”

“DESO is short for decentralized social, and you can basically think of it as like Twitter or X, but on a blockchain. What that means is that when you make a post, it's actually stored on a fully decentralized blockchain and nobody can censor it. Just like nobody can take your Bitcoin, nobody can censor your content.”

“Is it too good to be true to get government data out on the Blockchain? Because through Biden's presidency, they fake millions of jobs, they fake millions of jobs, they fake inflation data, they fake basically anything and everything they can in terms of macroeconomic information to make shitty decisions with at the Federal Reserve level.”

“Satoshi's coins are in an insecure format, and it's weird that Satoshi left them like that, because Satoshi was aware of this risk. But if Satoshi had really cared about the risk, Satoshi would have not left a million to two million coins laying about. It's nuts. Like in 2010, Satoshi couldn't have known that 15 years later, as it turns out, it's impossible to upgrade Bitcoin.”

“When I first discovered Bitcoin, I said that I will own a bit more Bitcoin every single month, and, I don't care how much. I went from deep in debt to effectively, owning more Bitcoin every single month since $3. And I've been telling people to do that the whole way. But here's the consistent thing they did. They didn't get distracted. They didn't use leverage. They didn't trade, and they did the most simple thing, which is owe more Bitcoin this month than last month. And they kept doing it regardless of price.”

“All politicians are subordinate to this financial structure and this lobby structure. All companies need access to capital and are subordinate to their structure. And all individuals, in order to survive to be in the inflation a great, you end up either a collateralized debt obligation in debt dependency, or you become one of the the the the few that essentially gets co opted into the system because you know how to play the assets.”

“Bitcoin is actually the only thing that can't upgrade, along with some like really old school, antiquated, like physical devices where the cryptography is flashed into the memory and can't ever be upgraded because it's physical, right? So Bitcoin is in a very unique class of things that can't upgrade easily. When I was doing it in banks and whatever, they'll upgrade the database, the government's told them.”

“So when it comes to, like, rationing the energy, it's not even gonna be a debate. It's not even gonna be a question. It'll be, yeah, AI gets first preference. If you wanna mine anything if you wanna contribute your energy towards something that's not AI, which is now almost deemed like a public necessity, we'll probably it'll get some sort of enshrined status, then that'll come at a cost, or you'll be paying a premium per kilowatt hour or something like that.”

“Self custody is how you boycott it, running your own node, holding it in self custody, and using jurisdictional arbitrage to own it in a structure where they can't seize it from you. If you wanna boycott the Federal Reserve and the Bank for International System, then you own Bitcoin. If you wanna boycott BlackRock and the money managers, you don't own it through an ETF. You own it in self custody. If you wanna boycott the banks, you don't mind fiat currency and give it to them to the custodians. You keep it without leveraging it and and borrowing against it.”

“And the differentiating factor and the reason why we've been working on Numopay was because we wanted to see tap to pay in Bitcoin. We're all kind of jealous about the fiat payment experience with you tap your phone and the payment goes through instantly and takes maybe a second or two. And with Bitcoin, we kind of achieved good UX over the last couple of years, but we stagnated a little bit in terms of we all converge to QR codes and scanning, showing QR codes.”

“When you follow all of those, together, you then look at who funded the Trump administration. Well, in the second Trump administration, the biggest funder was Elon Musk. Then you look at his second largest backer, it was the Mellon banking dynasty. Then you look at his third largest funder, which was Mariam Adelson, who's connected to Israel. Israel is a node in the military industrial complex. And so you know there's gonna be those top three will tell you there's gonna be a push to the surveillance state. There's gonna be a massive wealth transfer vehicle, and the third one will be there'll be war, because those are the three backers.”

“By 2035? 70 to 80 percent. Maybe higher. By 2030, I would say 100 percent possible, 20 to 5 to 30 percent. There are many hundreds of millions of dollars that have been deployed with this belief in mind. So you don't really have to trust me. You have to trust, well, there's actually institutional investors out there that genuinely believe this, and we're able to convince their IC to put hundreds of millions of dollars into this concept.”

“I ended up returning the entire $140 million to investors; they got back like 94 cents on the dollar. I also didn't pay myself while doing it, so I literally had less money after than when I started. I had full control of the entity and over 75% of the equity, so if I wanted to grab cash, I certainly could have, but I decided to do the right thing instead.”

“Coinbase's ownership of assets is going from 6% total supply, 9%, eleven, fourteen, sixteen, nine, ten. And, oh, if every company becomes a treasury company, oh, great. Great. We're at 30% now. What do we wanna do? How are we gonna get this to 50? And that's a very real, honest, fair critique of, well, what then? And most people say, oh, that's just paranoia, blah blah. No. It's not paranoia. I'm thinking for the people that can't think yet.”

“Another project that I'm thinking of is Portal, for example. Portal is a new Bitcoin inspired kind of a wallet and identity management app. And they're partnering also with a Bitcoin conference in this year where they are selling the tickets as Cashu tokens. So you will have kind of privacy preserving tickets for a conference, for a Bitcoin conference that cannot be double spent. So you can also sell them or give them to someone else. It's a big problem in the ticketing world is double spending, because when you go online and you buy a ticket, which is just a PDF file, for example, how do you know that the same ticket hasn't been sold to three other people?”

“It's funny. We talked about this as well, but Iran, the central bank has been mining Bitcoin for five years, and they've had so all they said, they go, no. No. No. You can't have Bitcoin exchanges in Iran. It's like, what? You can't have Bitcoin mining either? No. No. No. Mine all the all you want. I'm buying from you though and no one else. It's like, damn. How heavy are those bags over there, dude?”

“Well, this is a funny one, but I used to be a massive One Direction fan. And yesterday, in the news, I saw that, apparently, hairstyles is engaged with Zoe Kravitz. And I I would wanna market to know, you know, when the if if it's true and if there's a wedding and when it's going to be.”

“The cases that the SEC and the Department of Justice brought against Nader have been dismissed. The DOJ dismissed in March 2025, and the SEC dismissed with prejudice — meaning it can’t be refiled — in March 2026. This comes after the founder was charged with defrauding investors of $3 million and running an unregistered securities offering.”