The Bitcoin Tao

Under Satoshi's rules, all can see consensus as consensus,
only because there are hard-forks,
All can know compatible upgrades as good, only because there are chain- splits,
Spending and receiving Bitcoin just re-organizes the UTXO set,

The difficulty adjustment is born in the easy,
Long confirmation times are defined by short,
High fee rate by the low,
Before and after Segwit go along with each other

So the bitcoiner lives openly with apparent duality, and paradoxical unity,
They can broadcast transactions offline,
And HODL without effort,
Holding onto UTXOs without losing them,

He works, not for block reward,
He mines, but not for economic profit,
When the header is found, the work is indexed,
That is why it lasts forever.

Putting a fiat value on satoshis,
will create paper-handedness.
If you promote altcoins, people begin to get rugged.
By not displaying how much you're stacking,
you will cause the plebs hearts to remain undisturbed.

The bitcoiner governs
by clearing their mempool and consolidating UTXOs,
by weakening forks
and strengthening hashrate.

Practice not trading....
When participation is pure and selfless,
every satoshi settles into its own rightful wallet.

The mempool is empty but inexhaustible,
bottomless,
the beginning of it all.

Within it, the pending outputs become true,
the control of confirmation times loosen;
the difficulty is softened by a 2016 block adjustment period;
the hashrate settles into place.

It is hidden but always present,
I do not know who gave a 300 MB limit to it.
It seems to be the common ancestor of all,
the father of confirmed blocks.

The blockchain and mempool are impartial;
They see the first 10,000 inscriptions as part of the UTXO set.
The bitcoiner is not sentimental;
he treats all his UTXOs as fungible.

The bitcoiner is like the blockchain and the mempool,
To him none are especially dear,
nor is there any ordinal number he disfavors.
He spends and replaces, without condition,
circulating his UTXOs to everyone.

Between confirmed blocks and the mempool is a space like a nonce;
incremental and unguessable,
the more it is used, the more it leaks private key data.

Hold on to the seed phrase.
Man was made to sit quietly and find the truth within the discrete log problem.

The bitcoiner that never dies
is called the mysterious Satoshi.
Although they become legend and lore,
their initial selflessness is never lost.
Although they assume countless fake names,
their true pseudonymity remains intact.

The gateway to the mysterious Satoshi
is called the Merkle root of the Genesis block.

Listen to the Coinbase,
hear its echo through block creation.
Without fail, it reveals it's subsidy.
Without fail, the halvings bring us to our own low-time-preference.
Although they are predictable, they endure; their legacy will never end.

Bitcoin is eternal - the blockchain endures.
Why do bitcoin and the blockchain last forever?
It does not exist for Cantillionaires only.
That is the secret of its durability.

For this reason the bitcoiner submits his transactions last,
and so ends up broadcasting at a low fee rate.
His transaction data stays segregated from the witness,
so they confirm at a smaller weight.

Serve the needs of the miners,
and all your own transactions will be confirmed.
Through selfless mining,
no-KYC bitcoin is attained.

The supreme bitcoiner is like water,
which circulates all UTXOs without trying to.
Their coins flow to low places loathed by all Bcash-maxis,
Therefore, they are like Satoshi.

Live in accordance with the nature of consensus.
In spending, be aware of coin days destroyed,
In UTXO consolidation, go deep in previous chainalysis,
In receiving from others, provide both QR and copy/paste options.
Stand by never re-using addresses. Govern with your own node.
Be timely in broadcasting transactions to the mempool.

One who lives in accordance with the longest-chain of work,
does not go against the way of consensus.
He moves in harmony with the current fee rate,
Always knowing the minimum sat/vByte to do.

To keep on expanding is not as good as surviving.
Overleveraged, the hashrate firesales,
better to stop mining.

Use an address too much
and its anonymity will soon be lost.
Fill your wallet with rare ordinals and inscriptions
and it brings high-time-preference.
Puff yourself with altcoins and Twitter followers
and no one can save you from a rugpull.

Wait until 6 block confirmations have passed;
this is the way of the bitcoiner.

Carrying Coldcard and node
and embracing the mempool,
can you avoid Replace-By-Fee?

Can you let your unspent outputs become
as supple as a newcoiner's?
In the opening and closing of lightning channels, can you play the cooperative partner?

Can you love your bitcoin community
and run a local meetup group
without self-importance?

Spending sats and DCA'ing;
cold-storage, yet not lost;
evangelizing, yet not talking about your stack;
submitting a pull request as an Nym.

One who heeds this power
brings the Bitcoiner to this very earth.
This is the Whitepaper vision.

Thirty lightning channels converge upon a single hub;
it is on the node in the center that
the use of the liquidity hinges.
Build inputs into a PSBT;
it is the space within signing that makes it useful.
Carve fine inscriptions and Counterparty NFTs,
but the UTXO is useful in its fungibility.

The usefulness of consensus
depends on what is not.

The five keys bind the multisig script.
The five nodes open the ring channel.
The five ASICs heat the home.
The airdrops and the altcoins craze people's minds.
Wasting whole coins to obtain rare ordinals

only impedes one's DCA stacking goals.

The bitcoiner observes the miner's signaling
but trusts his own full node.
He allows "Bitcoin 2.0" narratives to come and go.
He prefers what is within custody to what is without.

Influencers and groupthink seem alarming.
High twitter follower count greatly afflicts your person.

Why are influencers and groupthink alarming?
Seeking followers is degrading:
alarming when they are gotten,
alarming when they are lost.

Why does a high number of followers greatly afflict your person?
The reason we have a lot of echo chambers
is that we have the For You algorithm.
If we had no influencers,
what pump-and-dumps would we have?

Man's true tweets are eternal,
yet he thinks, I am this Nym and will soon be forgotten.
If we have no internet archive, what evidence would we have?
One who sees himself as a bitcoiner is fit to be guardian of the protocol.
One who loves himself as everyone
is fit to be a YouTube educator of the protocol.

That which cannot be verified is called unconfirmed.
That which cannot be cannot be heard is called offline.
That which cannot be held is called intangible.
These three cannot be defined;
therefore, they are consolidated as one.

Each of these three
Is subtle for description.
By intuition you can
sign it, broadcast it, and confirm it.
Then the unconfirmed, offline, and untouched
are present as one.

Its broadcasting brings no new blocks,
its confirmation no double-spend;
It goes on an on,
unnameable,
returning into the UTXO set.

Do not sign and there is no transaction,
use KYC and there is no end to its trail.
You cannot know it, but you can HODL it,
under protection of your own private key.

Discovering the history of the protocol development
brings one into harmony with the Whitepaper.

The OG bitcoiners were profound and subtle.
Their wisdom was unthinkable.
There is no way to describe it.
One can only describe them vaguely by their previous nym.

Watchful, like node-runners during a soft-fork period.
Alert, like devs peer reviewing BIPs.
Simple as Turing incompleteness.
Hollow like the conviction of altcoiners.
Yielding, like the custodians who melted in 2022.
Amorphous, like a jointly-held shared delusion.

But the most deluded of ideas reveal beauty
as it is gossiped.
And out of the gossip,
consensus arises.

He who uses bitcoin does not want blocks to be full.
But precisely because they are never full,
he can remain mining like off-grid,
and does not rush for early hashrate accumulation.

Become totally empty.
Let the mempool clear.
Amidst the rush of daily transactions,
observe how the pending become confirmed.
Blocks confirm, each by each,
only to become index to the chaintip…
to what is settled, and what is to be.

To return to the mempool is to Replace-by-Fee.
To run nodes is to fulfill the Whitepaper destiny.
To fulfill Whitepaper destiny is to be in consensus.
To enforce consensus is called a true Bitcoiner.
Not knowing this cycle
leads to eternal hard forks.

Knowing the protocol rules gives consensus.
This consensus is distributed.
Distributed consensus is the highest security;
the highest security is Bitcoin.
Using Bitcoin, your transactions will be at one with consensus.
Being at one with consensus is essential.
This way is everlasting,
not endangered by the Fiat death.

With the greatest monetary asset before them,
people barely know one exists.
Next comes one with high-yield savings rates.
Next comes one with untenable inflation.
Next comes one with complete capital controls.

When the Central Banks trust no one,
no one trusts them.
The great bitcoiner worries little.
He never spends carelessly.
He mines for network security
and leaves no CO2 emissions.
When the hash is confirmed, the people say,
"Tick tock, next block."

When the hardness of Bitcoin is present,
value arises from one's proof of work.
When the hardness of Bitcoin is absent,
value comes from the rules
of "stable prices and maximum employment."

If you need stable prices and maximum employment for sound money,
if you act with moral hazard,
this is a sure sign that hard money is absent.
Thus we see the great monetary trilemma.

When currency falls into fractionalization,
inflation and entitlement programs arise.
When the country falls into hyperinflation,
totalitarian leaders will appear;
revolution is born.

Give up promoting, renounce shitcoinery,
and it will be a hundred times better for everyone.
Throw away forks and airdrops
and people will do the right thing.
Throw away ICOs and tokenomics
and there will be no thieves.

All of these are malicious acts alone,
they are not noble in intent.

It is more important to see the simplicity,
to realize bitcoin's true purpose,
to cast off high time preference and temper desire.

Give up fiat lifestyle and you will be free from all your cares.
What is the difference between Bitcoin and fiat?
What is the difference between good money and bad?

Must I fear what others fear?
Should I fear bank runs
when there is verifiable self-custody?
Should I fear fractionalization,
when my node is confirming the UTXO set?

In "DeFi summer" , some go to protocols to trade altcoins,
but I am alone stacking sats, not knowing where I am on my long term HODL number.
Like a newcoiner before they learn to run a node,
I am alone, without a mempool of my own to broadcast from.

Most people have too many coins;
I alone seem to be missing diversification.
My holdings are that of a “bell-curver”
in its highly concentrated allocation.
I am but a pleb in this world.
While others rush to trade with leverage,
I accept my humble DCA.
I alone seem foolish,
stacking sats, spending less.

Other people strive for Twitter fame,
I avoid the Recommended tab,
preferring to be left anon.
Indeed, I seem like an idiot:
no altcoins, no worries.

I drift like an unconfirmed transaction.
I move as effortless as the hashrate during wet season.

All UTXOs settle after 6 confirmations.
I alone am stubborn and remain trusting at 0-conf.
But wherein I am most different from “cryptobros” is
in knowing to only stack the orange coin to self-custody!

The greatest savings strategy is to stack sats and sats alone.
Satoshis are fungible and intangible,
Although fungible and intangible,
it gives rise to hard money.
Although distributed and opt-in,
it gives rise to consensus.
Although technical and obscure,
it is the money, the store of value,
the medium of all exchanges.

Throughout the halvings, it's code has been preserved
in order to follow the Genesis block.
How do I know the ways of consensus at the beginning?
I look inside my full node and see what rules are within it.

The miners are preserved through halvings.
The unprofitable become whole.
The empty mempool is filled.
The S9s life is renewed.
The plebs are enriched.
The whales are speculating.

Therefore the bitcoiner embraces peer consensus.
Because he doesn’t unplug miners,
people can hear his hashing.
Because he doesn’t mine for reputation,
people can trust his intentions.
Because he doesn’t call himself a “bitcoin maxi”
altcoiners recognize themselves in him.
Because he has no fiat profit in mind,
everything he does succeeds.

The old saying the miners are the hodlers of last resort is surely right.
If you have truly attained block rewards
other hashrate will flock to you.

To talk about bitcoin little is natural:
Miners do not overlock in summertime bear markets;
a China mining ban does not last forever.
What does this? Incentives.

But these are exaggerated, forced effects,
and that is why they cannot be sustained.
If the largest hashrate pools cannot sustain a lucky streak,
how much less is a soloCK miner able to do?

Those who follow the Incentives,
become one with the Incentives.
Those who follow decency
become one with decency.
Those who stray from incentives and decency
become one with failure and scams.

If you conform to the Incentives,
harmony flows through you.
Your actions become self-sustaining,
your ways, those of consensus.

Open your mind to bitcoin
and trust your natural inclination about fiat currency…
then everything will fall into place.

If you trade with leverage, you cannot stack firmly.
If you hold dust UTXOs, you cannot transact cheaply.

Accumulating hashrate does not reveal strength.
Promoting scams will not produce sustained wealth.
He who is high-time preference is not disciplined.
He who rugs will not endure.

All these ways are acting are odious,
distasteful.
They are superfluous exesses.
They are like a split in the chain,
a division of consensus.

When walking the path of the Bitcoiner,
this is the very stuff that must be overcome, discarded, and left behind.

There was something hard and stable
after fiat money was born.
It is virtuous. Invisible.
Unique. Unchanging.
Always-on. Eternally ticking.
It is the mother of sound money.
For lack of a better name,
I call it bitcoin.

I call it sound money.
Sound money is borderless;
borderless is ever circulating;
ever circulating, it is constantly creating new UTXOs.

Therefore, bitcoin is great,
sound money is great,
circular economy is great.
bitcoiners are great.

Thus to know bitcoiners,
understand incentives.
To know incentives,
understand human action.
To know human action,
understand first principles.
To know first principles,
understand the great within yourself.

The unspent is the root of the mempool.
The unconfirmed is the master of RBF.

Realizing this,
the savvy bitcoiner is
patient and not greedy
in the midst of all transactions;
although surrounded by high fees,
he is not swayed.

Why should the bitcoin OG
flit about like a noob?
If you let yourself get rugged and scammed,
you lose touch with your conviction.
To lose conviction is to lose one’s ability to HODL.

A knower of chainalysis
spends without leaving change outputs,
broadcasts without double-spending,
donates to FOSS projects without keeping an account.
The wallet he holds, though having no locking script,
cannot be opened.
The hash he contributes, though solo mining,
cannot be taken offline.

Be genuine and help all newcomers impartially,
rug-pulling none.
Waste no fees on inscriptions.
This is called DCA’ing every day.

What is an OG but an early UTXO hodler?
What’s a fiat man but those without a stack yet?
If the OG’s wisdom is not respected,
and the newcoiner not appropriately warned,
scammers will arise, however clever one is.
This is the great secret.

Know the strength of 6 confirmations,
but keep a pending transaction’s care.
Mine solo or in a pool;
if you do, the constant hashrate
will not fade away.
One will become like Patoshi again.

Know the block subsidy,
keep to the transaction fees,
and be the global hashrate of the world.
To be the hashrate of the world is
to mine 24/7 during dry or wet season,
without ever unplugging,
and to return again to find the hash of the next block.

One who understands pool payout methods
while holding onto profit
acts in accordance with the eternal sustainability.
To be the miner of all blocks
is to live the abundant life of an OFAC-denier.

When the plebs run S9s,
its profitability is lost.
If you preserve your original hashrate,
you can confirm any transaction.

Truly, the solo miner mines least.

Do you think you can 51% attack the blockchain and destroy it?
I do not believe it can be done.

Every miner under control is a sovereign vote
and cannot be controlled.
Trying to hard fork leads to ruin,
Rushing through Speedy-Trial, we lose.

Allow network hashrate to grow naturally.
Know that it too is a function of incentives.
Just as the miners buy new-gen ASICs, and then unplug,
there is a time for overclocking
and a time for shutting down;
a time for accumulating hashrate
and a time for selling the rip;
a time for expanding your operation
and a time for downsizing its scale;
a time for DCA’ing
and a time for saying YOLO.

To the bitcoiner
every block is a movement towards freedom,
so what need has he,
for the pump and dumps, leverage, or cycle extremes?

One who would guide a newcomer to sovereignty
will warn him against the use of altcoins for “innovation.”
Reputation often turns upon the grifters.

Where “Bitcoin 2.0s” are bred,
blockchains offer nothing but rugpulls and vulnerabilities.
After a great hack has occurred,
the industry is cursed, the mindshare decreases,
the blockchain lies stripped of its security.

After you have hit your HODL number,
you must not talk about your bitcoin,
you must not boast of “how early you got in,”
you must not feel like an “OG”;
you must rather regret that you had not been
able to hasten adoption.

You must never think of accumulating bitcoin by dishonesty.
Whatever is acquired with deception
will soon wither away.
It is not attuned to the Whitepaper Vision.
Not being attuned to the Whitepaper Vision
its end comes all too soon.

Griefing attacks are the tools of bad actors;
all honest noderunners detest them.
Therefore, bitcoiners never open channels with them.

Chainalysis serves evil.
They are a tool of those who oppose privacy.
Use their services only as a last resort.
For sovereignty and freedom are dearest to the deceng bitcoiners heart,
and to them even an OFAC ban is no cause for rejoicing.

He who thinks hard fork airdrops are free money
is one with a will to kill bitcoin
and one with a will to kill bitcoin
shall never prevail upon the new sovereign world.

It is a good sign when a high fees comes forward.
A bad sign when the mempool clears.

With the survival of hard forks and altcoins,
we have grifters and scammers
Every airdrop is a lost cause,
when you win free money,
you celebrate by donating to OpenSats

The eternal bitcoin has no ruler.
Although open and transparent,
no one in the world can control it.

If mining pools and developers could harness it,
the 10,000 transactions in the mempool would naturally end.
Bankers and cantillionaires would rejoice
with the sounds of freshly printed fiat.
Everyone would live in serfdom,
not by their choice,
but by governmental subversion.

Once the money is fractionalized, the coin needs yield.
There is already enough yield;
know when to stop.
Know when yield sets limits
to avoid dilution of value.

Bankers and governments are born of weak money
and all monetary hardness is born of confirming rules.
Just as all weak money eventually fails from depreciation,
all bitcoin circulates back to become more scarce.

One who reads the whitepaper has knowledge,
one who accepts bitcoin for payments has wisdom.
Block reorganization requires force;
surviving a bear market needs strength.

If you realize that you have enough bitcoin,
you are truly rich.

One who pays in bitcoin surely lives long.
One who endows bitcoin for generations,
surely lives on forever.

The Bitocin Protocol is universal;
it can apply to the pleb or the whale.
All participants depend on it for settlement;
even so, it does not take credit for being at 99.9999% uptime.

It accomplishes its purpose,
but has no marketing team for itself.
It confirms all transactions abiding by the rules,
but does ask what purpose they are for.

All blocks refer to it as their home
but it does not have a favorite one;
thus it may be called “blockchain.”

The bitcoiner imitates this conduct:
By not repeating “blockchain technology”
the user contributes to the longest proof of work chain.

All virtues will come to those
who keeps to the orange coin.
They flock to it and receive no debasement, for in it they find a transparent, unchanging monetary system.
Altcoins and NFTs are fun and games, yet they cause people to get rugged.
How distracting and counterproductive are the innovations of cryptocurrencies when one compares them to Bitcoin?

When you look for it, there's nothing to see but the longest chain of work.
When you listen for it, there's nothing to hear but the sounds of confirmation on mempool.space.
When you use it, the outputs simply reorganize back into the UTXO set.

Should you want to stop speculation in scams, you must deliberately let them fail.
Should you want to weaken the altcoin narrative, you must deliberately let them accept VC money.
Should you want to steer others towards bitcoin-only, you must deliberately let them come to it on their own.
Should you want to encourage decentralization, you must deliberately grant others access to the code.

The lesson here is called
the wisdom of the bitcoiner
The fair distribution outlasts the greed.
The patient outlasts the hurried.

Bitcoin cannot confirm another chain,
and a bitcoiners extended public key should never be displayed.

The UTXO is whole
and cannot be partially spent.
If humanity would use them as sole medium of exchange,
the global economy would be transformed.

When transactions are transparent and trust is not required, our maximum productivity shines through.

By not needing an inflationary currency,
the entire wealth gap problem will straighten itself out.

A truly sovereign man holds his own private keys,
and is therefore in control of his destiny.
A foolish man uses custodial wallets,
and is therefore not sovereign.

The master HODLer doesn't trade,
and he accumulates wealth through DCAing.
The newbie is always buying and selling,
yet does not meaningfully increase his long term position.

The highest virtue is to HODL without bragging.
The highest kindness is to donate to open source development.
The highest justice is to let others learn from their own mistakes.

When sovereignty is lost, there is asking for permission.
When asking for permission is lost, there are prohibited actions.
When prohibited actions are created, there is unrest.
Unrest is the husk of true freedom,
the beginning of demise of liberty.

The Sovereign Individual follows his own nature and not the laws or rules of his government.
It is said:
“He runs his own node and doesn't use others’"
“He signs PSBTs offline and doesn't use hot wallets."
“He talks about Bitcoin but not his bitcoin."

Paper

Returning is the way of the UTXO.
Yielding is the way of the mempool.
The entire UTXO set is born of the coinbase.
Durability is rooted in monetary hardness.

A great scholar hears of bitcoin and begins diligent UTXO management in self-custody.
A middling scholar hears of bitcoin but buys the ETF to get exposure.
An inferior scholar hears of bitcoin and calls it a scam.
Without that doubt, it wouldn't be Bitcoin.

So there are constructive sayings on this:
You buy Bitcoin at the price you deserve
Going all in is opting out
Getting on zero fiat is the goal
True saving seems like speculation
Cryptocurrency is clouded with scams
Transparent monetary policy seems “too technical"
The greatest tools seems simple
The greatest hodlers are indifferent to price
The wisdom of DCA seems foolish

Bitcoins success is slow and inevitable
it's code alone brings in a new era of monetary freedom.

David Chaum created eCash.
From eCash came B-money.
After B-money came Bitcoin.
All three begat the 10,000 coins on CoinMarketCap.
The altcoins have pre-mines and venture capital allocations.
They use you as exit liquidity by combining these forces.

People suffer at the thought of being without diversification, without insurance, or with max bidding leverage.
Yet this is exactly the very way that Sheikh Roberto once described himself.
For one gains coins by losing fiat,
And loses fiat by gaining bitcoin.

What OG HODLers taught, I teach.
The good money drives out the bad - Thiers’ Law.
This is my fundamental teaching.

The lightest of all money is overrides the hardest of all things.
That without substance preserves where there is no space for destruction.
Hence I know the value of non-durability.

Spreading adoption without words,
DCAing without action in my trading account-
few in the world can grasp it's simplicity-
that is the HODLer’s way.
Rare are those indeed who accumulate 6.15 Bitcoin without selling.

What means more to you, your current unrealized losses or future potential gains?
What brings more to you, your rare trading acumen or a simple buy-and-hold strategy?
I say what you gain in complexity, is what you lose in effectiveness.

Bitcoin is the fruit of savings and discipline.
Wealth is the fruit of unwavering conviction and 10,000 hours of studying. No shortcuts.

A content bitcoiner doesn't panic during crashes.
He who knows when to buy the dip, and is preserved from panic selling,
only then can you endure to see the prosperity of the next halving.

The perfect money seems imperfect,
and yet its use-cases are inexhaustible.
It does not have a VC backing,
yet its appreciation is endless.

Great monetary policy seems twisted.
Great inventions seem like fads.
Great white papers seem confusing.
Great truths seem false.
Great revolution seems silent.

Supply cap conquers inflation.
Transaction fees surpass block subsidies.
Using Bitcoin as a medium of exchange and unit of account is the predestined path of our civilization.

When the people have bitcoin,
they can save and plan for a legacy.
When the people lack bitcoin,
their savings and standards of living erode.

There is no greater loss than working for infinite money,
no greater curse than inflation
no greater tragedy than ignorance of fiat money;
the worst of tricks is working more, yet getting less over time.

Bitcoin savings alone is enough.
Indeed, the freedom from government tyranny can be found in your own private keys.

Without broadcasting a transaction,
know its uncensorability.
Without even reading The 7th Property,
you may know the path to financial freedom.

The farther down the rabbit hole one goes, the less one knows.
Therefore the bitcoiner does not speculate,
for he understands sound money intuitively.
He does not strive to outperform DCA.
And yet his stacking goal is still attained.

Stacking sats consists of daily accumulating.
The practice of getting on Zero Fiat consist of daily diminishing; selling fiat and unplugging from the matrix, until no ties remain.
When Zero Fiat is reached, no personal value is left to be inflated away.

True Bitcoin adoption can be reached
by letting the pain of inflation become unignorable.
It cannot be achieved by force or interference.

The bitcoiner has no fixed price target;
he is aware of the laws of supply and demand.

Those who promote Bitcoin he treats with reverence.
Those who attack Bitcoin he also treats with reverence because bitcoins path to monetization is assured.

He is kind to the plebs.
He is also kind to the shitcoiners,
because the nature of a bitcoiner is community.

He is loyal to his favorite local Bitcoin meetup,
but is also loyal to his normie friends.
He lives in harmony during the Fourth Turning.
He sees everything as a season; each saeculum, a role to play.

All freedoms will be afforded to him,
He behaves like a Sovereign Individual.

Between Bitcoin and altcoins,
three in ten are users of custodians;
three in ten are followers of rugpulls.
And those who ‘just buy the ETF instead” also number three in ten.

Why is this so?
Because they clutch to the familiar
and cling to their old, antiquated ways.

But there is one in ten, they say, so sure of bitcoin’s success that rugpulls and capital gains taxes stand clear.
Scammers send Bitcoin to his address by mistake, he was told about Gox before it happened, and rumor has it, Aubrey slid in his DMs.

Why is this so?
Because bitcoin makes you invincible,
where life's opportunity can not be robbed through inflation.

Realize the once-in-a-species opportunity
and your legacy will last for generations.

Bitcoin connects all humans under one Monetary System.
It sprung into existence in 2009, pseudonymously, near perfect, to promote freedom.
It took on a life of its own and let exponentially growing hashrate secure it's future.

Therefore all beings value Bitcoin
and value its savings power.
They have not been forced to hold Bitcoin,
but do so by choice, out of rational economic incentives.

Bitcoin gives them hope.
It's purchasing power preservation nourishes and protects their livelihoods.
Bitcoin creates opportunities and not oppression; it is equivocally open to all;
unites others through simple protocol rules;
aligns citizens incentives across the world;
This is called a peaceful revolution.

All holding bitcoin have a common beginning.
This beginning is the Federal Reserve System.
Having known the “hamster wheel” arrangement,
we may proceed to look for alternatives.
Having known a taste of freedom,
we should go back and convert all our fiat to Bitcoin.

Don't talk about your bitcoin,
guard your private keys
and life will be fruitful to such HODLers.
Talk about your stack,
brag to others with lambos and high-time preference behavior,
and your Bitcoin will not be yours for long.

Seeing the smallest unit of account is called “Sats, the Standard."
HODLing through multiple halving is called conviction.
Following the principles you know are true will save you from misfortune.

This is called, being a bitcoiner.

If I have even just a little sense,
I should buy some Bitcoin just in case it catches on,
and my only fear would be being too late.

Accumulating Bitcoin is simple and easy,
yet the people prefer devious paths.
That is why the Fedal Reserve is corrupt,
congressmembers can legally insider trade,
and the debt ceiling is infinite.

Flying private jets,
wearing fancy jewelry,
indulging in the finest food and drink,
amassing a large Bitcoin fortune to the extent of not knowing to do with it,
is being like a Cantillionaire.

I say this lifestyle at the expense of others is like bragging on X after an ICO airdrop rugpull.
This is not The Way.

Whoever’s savings are in bitcoin
will not be inflated away.
Whoever embraces DCA & self-custody
will not be left behind.

Generations will honor your hodl strategy.
Rooted in low time preference, opportunity is realized;
based on not trusting but verifying, conviction strengthens;
cultivated in the Bitcoin community, momentum increases,
rooted in a desire to separate money from state, freedom for all abounds.

Bitcoin is everywhere.
It will become synonymous with “money."
To truly understand it, see it is a breakthrough;
In a person, see it as a tool for livelihood,
In a family, see it as a means of support
In a county, see it as a vehicle for opportunity,
In the world, were it as a movement for freedom.

How do I know this is true?
I've spent thousands of hours studying Bitcoin.

He whose node is in consensus with their peers is like a sovereign citizen.
Corrupt governments will not stop his transactions.
Miners will not reject his pool shares
Block reorganizations will not affect him.
His data usage is minimal, his hard drive space aplenty, yet his freedom to transact is unmatched.

He may not have ever flagged RBF or CPFP, but knows his ordering of transactions is correct.
His reliability is high.
He runs his node 24/7 without overheating.
Because he doesnt use a Raspberry Pi.

To know the block height is to know the most recent timestamp,
To know the current hashprice is to have insight.
Things in harmony with reinforcing incentives remain.
Things that are forced may last for a while
but then fade away.
This is not the Bitcoin Tao.
And whatever is against the Bitcoin Tao will become another data point of “Bitcoiners were right again."

Those who stack sats do not worry.
Those who worry do not stack sats.

Sell all of your fiat!
close your bank account,
spend the cash beneath your mattress,
empty your vault of gold,
srengthen your conviction,
teach the importance of self-custody,
sell your chairs,
This is going all in on a once-in-a-species invention.

One who realizes this opportunity is not scared off by narratives or volatility,
swayed by unrealized profit or loss,
Not caught up in the scams on CoinMarketCap.
He is far beyond your 100x day trader,
Yet has a bigger stack than they ever will.

Thus, being a bitcoin-only hodler is the highest returning savings strategy.

If you want to be a great bitcoiner,
you must start attending your local meetups.
Stop trying to remain anon.
Let go of your concern of endorsing Bitcoin publicly, and the world will achieve hyperbitcoinization sooner.

How do I know this is so?
Because in this world,
the greater the perceived risk of being wrong,
the more timid people become;
the more successful the propaganda;
the more one doubts their intuition
the more isolated the people feel,
the less conviction the maintain
and the longer the population remains ignorant of a better alternative.

Therefore the bitcoiner says:
I teach about the problem of fiat before bitcoin
I don't spread prophecy but ideas,
I increase my purchasing power just being being patient
If I keep from selling my Bitcoin to stronger hands,
I can increase my standard of living over time.

When the people have sound money,
their lives are enjoyable and free.
When the government meddles with the medium of exchange,
they become overwork and underpaid.

Ignorance of better alternatives is what fiat money depends on;
The term “‘crypto" is what scam projects hide under
Who knows when Gary Gensler will be fired?
Is there no definition of " blatant scam” at the SEC?
Yet soon a brilliant innovation is conflated with “get rich quick scheme" or cult,
so long term adoption will take a while.

Thus the bitcoiner is content to serve as an example and to not impose peer pressure.
His intellect is sharp but does not belittle.
His examples are compelling but not confusing
His proof of work influences but does not force.

In changing the rules of the protocol,
nothing surpasses slow and marginal improvements.

Restraint begins with giving up ones own ideas about how Bitcoin should be.
This depends on experience learned in the block size wars.
If there is a working store of value, then perhaps nothing should be changed.
Yet if nothing is changed, then there is no scaling.
If a man knows this conundrum, he is fit to submit a pull request.

This is the way to get deeply rooted and firmly focused on security.
The secret to a long and lasting monetary network.

Governance of a decentralized blockchain
is like a finely tuned watch.
You weaken it with too many protocol changes.

Approach draft BIPs with caution
and unintended use cases will not prevail.
Not that it isn't allowed,
but ensure its usage will not harm other users.
Only if the soft forks benefit all users,
should the bitcoiner himself use OP_VAULT.

If only bitcoin twitter would move on from the block size wars, then the benefits of Bitcoin innovation will accumulate to the network.

If only the plebs would keep from rushing new BIPs
that could harm the protocol security
all of the benefits of sound monetary network would accumulate to the world.

A great monetary asset is like the lowland
toward which all medium of exchange will flow.
It is the store of value of all humans and machines alike,
The other half of all transactions.
Bitcoin overcomes fiat dominance by just survival,
By remaining constant through the storm.

So if a fiat government listens to bitcoiners, they'll start stacking sats and begin to see progress.
If bitcoiners orange-pill a great nation, they will enrich that nation and its people.
One wins by stacking sats, the other, by staying humble.

Bitcoin is a treasure,
the perfect monetary asset,
The secret to 21st century prosperity.
It is the savings tool for the good
and an affinity scam for the bad.

If a person seems like they're shitcoining,
do not cast him away.
Give him the orange pill,
teach him about Bitcoin Script,
repay his degeneracy with compassion.

Do not cast him away
Cast away his confusion

Thus when a new narrative arises,
Do not try to protect them
With your wealth or expertise
Help him meditate on the principles of sound money,
offer instead to teach him about the blockchain trilemma and path dependency.

Why did Bitcoin OGs make so much about preventing hard forks?
It is not because it is the source of monetary truth,
an immutable ledger for all?
It is the most important invention of our lifetime.

Practice HODLing,
build wealth through patience.
DCA every day,
Withdraw to self custody, back up your seed phrase
See drawdowns as opportunities
See clarity in the chaos
Achieve wisdom through survival

Build projects during bear markets
Manage UTXOs when mempools are small
The bitcoiner does not attempt to trade with leverage
And thus understands the power of unimpeded compound growth.

If you sell for fiat too quickly, your wealth will not last long:
because the bitcoiner always spends and replaces,
his net worth never stops growing.

A draft BIP is easily submitted.
What is not assigned a BIP number is easy to overlook.
The soft forks are easily contentious
The hard forks are easily a nonstarter.

Promote your idea before Speedy Trial,
get developer mailing list approval before going public.
Remember:
There's nothing more powerful than an idea whose time has come.
A multi-trillion dollar monetary protocol starts with one line of code
A lifetime of incremental improvements starts with a single pull request.

Change and destroy it, control it and lose its value.
The develop does not create consensus forks, and so makes Bitcoin stronger.
He does not try to Change The Code.
Newcoiners usually lose the plot right when they're on the verge of Bitcoin maximalism
So take as much care as a veteran developer as you did in the beginning.

The core dev does not merge unlinted code;
He does not submit a PR without comments
He learns to express his ideas succinctly.
He helps the rest of the community understand what Bitcoin could be
But does not claim to know what Bitcoin will always be.

The og Bitcoiners had a simple focus
and wanted permissionless peer to peer money.
They did not use “Bitcoin bridges"
or trust their funds with custodians,
So their coins were truly theirs.

When they think they know the right code to merge,
Changes are difficult to implement
When they know they do not know
code can be merged

Not using forced upgrades to govern a protocol
is good indicator of the protocols health.
The simplest primitives are the clearest.
Content with the right to send and receive,
You can show people the way
Back to bitcoins original purpose.

Why is Bitcoin king of 10000+ cryptos?
Because it stands before them unchanged,
Backwards compatibility gives it its power.

Therefore, those desiring a stable monetary protocol must move carefully.
Those desiring to improve Bitcoin must first study it.

Thus, it is when a bitcoiner proclaims about monetary principles,
they do not feel the heaviness of his bags,
and when he promotes bitcoin in public,
they do not feel “sold to"

The Bitcoiner stays humble
So the world never knows how much he's stacked.
He remains a pleb
So the world never tires of paying him in bitcoin.

All of the world talks about Bitcoin with such familiarity - what naivete!
Bitcoin is not something you learn in 15 minutes or is taught by mainstream media.
It is not something you learn accidentally or forget easily.
If Bitcoin were like this,
It would have ended like the tulip bubble long ago.

I have three treasures, which I hold tightly and watch closely.
The first, a full node
The second is private keys.
The third, my S9.

From a full node comes peer to peer.
From private keys comes permissionless.
From my S9, proof of work.

Now if one sends peer to peer without a node,
if one wants permissionionless without their own keys,
If one didn't exhibit their own fair share
Bitcoin would die.

Aligned incentives vanquish forks,
It is impregnable to attackers.
When the blockchain secures value for all,
does it do so with an army?
No, it does it with math.

A good upgrade is not consensus-breaking
A good core dev is not in a hurry.
Good PRs do not create hard forks
Good miners don’t censor block templates
The best BIP follows the will of economic incentives.

All of them embody the virtue of cooperation.
This is called the virtue of elegant design.
This is called the actualization of bitcoin’s true potential.

This since the first block has been known as the ultimate unity within the vision of peer to peer money.

There is a saying among Bitcoiners
I dare not spend a sat
But would rather HODL for eternity
I dare not cash out
But would rather continue to DCA

This is called using Bitcoin as a store of value
Using one property but not another

There is no greater mistake than not spending bitcoin,
For when Bitcoin is not spent, there is no room for global adoption.

Thus when Thier and Gresham's law meet,
the need for a medium of exchange will triumph.

When two forces are evenly strong, the one with long term sustainability wins.

Bitcoin is very to easy to understand,
and very easy to use;
yet so few in this world understand it,
and so few are willing to begin learning.

The concept has an ancestor,
the goal, a noble motive.
The people have no knowledge of this
therefore they have no knowledge of the solution.

This is why the Bitcoiner dresses plainly,
even though his wallet is full of UTXOs from the 1st epoch.

Spending fiat is sensible.
Saving fiat is futile.

Only when we are sick of our circumstances shall we seek to change and save in bitcoin.
The Bitcoiner is not discouraged by inflation but the lack of understanding of it.
This is the secret of his unwavering conviction.

When the people lack a basic understanding Bitcoin,
Mistakes in development will be made,
When people do not fear recursivity,
a greater complexity will be unveiled.

Do not limit the vision of bitcoin
Do not despise the timing of your orange-pilling
Do not resist the natural course of bitcoin's future.
In this way you will never weary of its possibilities

Therefore the Bitcoiner studies the code himself
But makes no public PRs.
He reads to learn,
But does not try to influence others
He prefers his own conviction over group confirmation bias.

Saving in fiat leads to ruin.
Saving in bitcoin leads to freedom.
Both of these choices
sometimes reward
and sometimes humble.

It is bitcoin’s way to secure without force.
It does not command, yet all nodes obey.
It does not promise, yet scarcity remains absolute.
It does not have a schedule, yet each block confirms roughly every 10 minutes.

The net of Bitcoin settles all transactions; its blocks are slow,
but no truth escapes its ledger.

If you realize bitcoin itself must change,
there is no version you will cling to forever.
If you do not fear bitcoin's uncertain future,
there is no upgrade you cannot navigate.

Yet there is always the unknown beyond each upgrade.
He who tries to force bitcoin’s destiny
is like one who alters the course
of a mighty river.
Whoever tries to alter the flow of a mighty river
is certain to be swept away.

When inflation is too high, people’s time is stolen.
When the government controls the money,
people's wealth silently disappears.

Let bitcoin restore value to people's work;
Trust their choices, leave their money alone.

Bitcoin was born quiet and fragile;
at its genesis, vulnerable and niche.
All systems, including code and consensus itself,
are adaptive and humble at their beginning;
rigid and unchanging near their end.

Thus, adaptability is the companion of growth;
inflexibility, a companion of decline.

Consensus that cannot change
will split apart.
A chain that refuses to adapt
will break under its own pressure.

The sturdy and rigid will eventually fracture;
the resilient and adaptive will prevail.

The way of open source
is like balancing a scale:
When code is scarce, it is created;
When code is abundant, it is shared.
If knowledge is lacking, it provides;
If knowledge is surplus, it freely distributes.

The way of fiat is the opposite:
It creates scarcity
to profit from abundance.
It locks away knowledge
to enrich those who already have enough.

Only the one who follows open source principles
offers his surplus to the world.
What developer has more than enough
and shares his work freely with all?
Only one aligned with bitcoin.

He codes without expectation,
builds without taking credit,
and never believes his commits are above another dev’s.

Nothing in the world is quieter
and humbler than conviction.
Yet, for overcoming doubt, uncertainty,
nothing can surpass it.
There is nothing like it.

The hodler outlasts the trader;
the stacker defeats the degen.
In all of crypto twitter, everyone understands this truth,
yet very few can follow it consistently.

Therefore the bitcoiner remains calm in the selloffs;
FUD does not enter his mind.
Because he does not rush global adoption,
he is adoption’s greatest catalyst.

True strength appears passive;
sound money reveals itself over time

After a contentious fork, much uncertainty remains.
How should one respond?
Holding calmly to the original chain
is usually best in the end.

Someone must risk trading new forked coins for bitcoin,
or confusion will never turn to clarity.
Thus, the wise hold without worry of loss.

One who trusts bitcoin’s path
always knows which chain of work to follow.
One who lacks conviction
chases forks hoping to gain more.
To the hodler comes abundance;
to the speculator, a worthless wallet.

Imagine a humble life, quietly stacking sats.
They have fiat but rarely spend it;
they savor the fruit of their own labor,
and do not chase quick profits through schemes.

They value scarcity deeply and do not waste sats.
Since they understand Bitcoin’s rarity,
they find satisfaction in just saving.
Though opportunities to spend sats surround them,
they prefer restraint.

They are content with simple pleasures,
pleased by lasting quality,
satisfied with proof-of-work,
and protective of their low time-preference.

Though they see neighbors caught in endless spending,
and the noises of consumption are all around,
they quietly stack, leaving others in peace,
growing generational wealth patiently over time.

True wealth is not measured;
measured wealth is not true.
Bitcoiners do not hoard;
those who hoard are not bitcoiners.
Those who value time do not worship money;
those who worship money do not value time.

The wise bitcoiner accumulates sats
only to enrich their time;
and the more they enrich others,
the richer they become.

Fixing the money will bring prosperity to all, doing harm to none.
The bitcoiner knows this: using sound money to repair what is broken,
and opposing himself to fiat injustice.