real_vijay

Don't like war? Remember central banking was created specifically to help fund war.

Bitcoin fixes this.

The year is 2029 and Bitcoin is $1.5m. Saylor hits the ATM to fund a 10b purchase of Bitcoin, draws another orange dot and Strategy rallies to... $375.

I've had two conversations this week with two separate people planning to launch Bitcoin Treasury companies. One in Europe and one in India 🚀

“It might make sense just to get some [Bitcoin] in case it catches on.”

- Satoshi Nakamoto

Back at 110k! 🚀

We're going to keep grinding out all time highs, and I'm ok with that.

Why is Bitcoin's price stuck? There are billions in inflows from ETFs and treasury companies and the supply of newly mined Bitcoin is miniscule compared to these flows. What gives?

One answer is that there's lot of paper Bitcoin flowing around suppressing the price. I do not agree with this theory.

The simple truth is 100k was a magic number for a lot of long-time holders, who happen to hold a huge fraction of the total liquid supply of Bitcoin.

The selling from these whales is easily enough to match the demand from ETFs and Saylor, and could for some time.

This is not something to be concerned about, but something to celebrate. The process of monetization involves the distribution of a new monetary good among the population. This cannot happen without whales letting go of their long-held coins.

Eventually whales will sate their demand to diversify and the price will begin moving again, and hit the magic number of some other group of long-time holders.

Along the way there will be air pockets both up and down as it becomes clear, for example, that there are very few whales interested in selling between, e.g., 120k and 150k.

Do not fret about the sideways grind. Just know that under the hood the process of monetization of Bitcoin continues unabated.

On a day like today it's important to remember: Bitcoin is for enemies.

This week I'm following @sgmavinkurve, CEO of Sovana, a new company that allows you to tap into your home equity (or any real estate) to acquire more Bitcoin.

Sanjay is a long-time friend—we've known each other for over 20 years and began our careers together at Google in the early 2000s. He is also one of two people who orange pilled me.

I helped introduce Sanjay at the Bitcoin conference and truly believe the announcement of Sovana was the most important announcement at the conference. Sovana's unique product unlocks the Michael Saylor playbook for average home owners. Where Saylor taps into corporate equity to acquire more Bitcoin, homeowners can now tap into their home equity to acquire more Bitcoin.

Sovana's insight was that the majority of Americans hold most of their net worth as illiquid equity in their house. Unlocking this equity in a way that doesn't create a large financial burden on homeowners was not obvious, but Sovana cracked the code. The product they offer requires no money down, no monthly payments and no interest. It has a 10 year term but the homeowner can close out at any time with no penalty. The homeowner also gets to choose exactly how much of their home equity they want to invest in Bitcoin.

Sovana purchases the Bitcoin with their money (the homeowner pays nothing upfront). If Bitcoin is up when the partnership ends, then the homeowner and Sovana split the upside. But if Bitcoin is down, then the homeowner covers the loss (the same as if you'd bought bitcoin yourself).

This product is ideally suited to homeowners who want more Bitcoin. If you believe that Bitcoin will be higher any time in the next 10 years, and have home equity, you should really check out the product at https://t.co/57PBIPDwN5

Sanjay has been a tireless advocate for Bitcoin for as long as I've known him, but has never been in the spotlight. That changes today. Follow @sgmavinkurve!

The announcement of Sovana by @sgmavinkurve at Bitcoin 2025. Get on the wait-list at http://sovana.io

One of the most important announcements at the Bitcoin conference will be made by my friend Sanjay Mavinkurve (the guy who orange pilled me), who I will be joining on the Entrerprise Stage at 2:10pm (Wednesday). He's launching a new product that you won't want to miss 🚀

This week I'm following @DavidFBailey for helping organize the biggest and most important Bitcoin conference of the year, @TheBitcoinConf. Follow David and David, thanks for bringing us all together.

10k candles seem cool but 100k candles are coming.

We've entered price discovery mode. I challenge you to remain focused at work tomorrow.

Totally impossible.

We've entered price discovery mode. I challenge you to remain focused at work tomorrow.

Totally impossible.

That's a new Bitcoin All Time High.

Both Bitcoin and Ethereum are just $2000 away from an all time high.

...

Now you get it.

Bitcoin doesn't just make all time highs then sit there. It goes into price discovery mode 🚀

This week I'm following @TheBitcoinConf, the greatest Bitcoin show on Earth. I'm going this year, are you?

Hope to see you there!

In the 2nd edition of The Bullish Case for Bitcoin I'm adding a column for teeth. Scores very high on established history.

In Bitcoin terms we're really just an inch away from 150k. Could easily happen in a matter of weeks. There is almost no interest in Bitcoin right now despite being just below all time highs. That interest will come back quick as we approach 150.