• Timeless Bitcoin Lesson
  • The lessons?
• Rapid Fire Bitcoin Updates
• Social Signal
• Announcements

Hey Everyone!

You may or may not have noticed that Luke Mikic from Australia has joined The Bitcoin Times to enhance our social presence across Twitter, Nostr and Substack. Be expecting a whole lot more communication from us, along with a format for each of these mediums that will deliver a whole lot more value and insight.

The Energy Edition is well underway, and in the coming weeks, we’ll have more sneak peeks and updates. For now, I’m handing you over to Luke for what will be our new Substack format: One key lesson along with some some rapid fire insights.

Enjoy & let us know if it’s valuable.

Svetski

§Timeless Bitcoin Lesson

Twitter is full of people celebrating BlackRock’s entry into Bitcoin. But is it all good?

Lets’ think about this a little deeper. Was Bitcoin supposed to be just another “asset class or commodity’’ that gets integrated into the traditional financial system?

Or is it supposed to be something more?

Parker Lewis wrote an incredible essay in Edition 3 of the Bitcoin Times called: Bitcoin is the great DEFINIACIALIZATION. In it he said:

‘’The process of definancialization will occur as wealth stored in financial assets is converted into bitcoin and as each market participant increasingly expresses a preference for holding a more reliable form of money over risk assets. Almost everything will lose purchasing power in bitcoin-denominated terms as bitcoin becomes adopted globally as a monetary standard. As part of this process, the financial system will shrink in size relative to the purchasing power of the bitcoin network.’’-Parker Lewis

§The lessons?

1. Bitcoin is here to disrupt and break our current, hyper-financialized economic system.
2. With real Savings, people do not need to be out there chasing yield, and funds of funds or funds of funds buoyed by never ending streams of printed money need to exist in order to give people the illusion of “getting ahead” while in reality we’re all falling behind.
3. The BlackRock’s of the world are like the T-Rex. Powerful yes. But Bitcoin is a Comet and their time is soon coming to an end.

[

You can read Parker’s full article here. And if you like it physical (I mean, who doesn’t) you can get that here.

§Rapid Fire Bitcoin Updates

Key metrics, data and insights worth knowing:

1. Blackrock is now a majority shareowner in 4 out of the 5 largest miners in the world.
2. Over 50% of the 84 million Turkish residents reportedly use ‘’crypto,’’ representing a 40% increase in adoption since 2022.

§Social Signal

Cutting through the noise on Twitter.
(Svetski refuses to call it X - he says he’s too old for this).

1. 🇺🇸 FASB votes in favor for companies to report their #Bitcoin and crypto holdings at fair value.

2. The 21st largest oil producing country in the world just recently invested \(1.1 BILLION into Bitcoin mining.](https://twitter.com/TimelessBitcoin/status/1697650854294147479?s=20) [s_!7IBX!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F78f916b4-505f-499d-9bb7-6588779f562f_676x651.png)

§Announcements

The Energy Edition of The Bitcoin Times is dropping in UNDER 100 days.

This is the sixth edition in as many years, and it’s shaping up to be of the kind of caliber you’d expect from The Bitcoin Times.

We’ve got initial drafts back from Drew Armstrong of Cathedra and Brian Gitt. We’ve seen a few glimpses of Gideon Powell’s and we’re eagerly awaiting the contributions from Marty Bent and Harry Sudock.

We’ll be dropping notes from their essays in the coming newsletters, so stay tuned.

For now…here’s a sneak peak of the cover for the sixth Bitcoin Times: The Energy Edition!

[

If you enjoyed or found value in this format, let us know in the comments. Also, remember to follow us on Twitter, especially coming into the launch of The Energy Edition this year!

§Luke Mikic & Aleksandar Svetski

The Bitcoin Times
@TimelessBitcoin on Twitter
Shop