EVERYTHING POLITICIANS NEED TO KNOW about #BITCOIN
The 1st cycle was for the cypherpunks, pushing BTC to $10.
The 2nd was for early adopters, taking BTC to $1,000.
The 3rd was the retail cycle, taking BTC to $10,000.
The 4th belonged to institutions.
The 5th, now underway, is the Sovereign cycle.
A handful of states now publicly hold BTC — from El Salvador to Bhutan.
Abu Dhabi’s sovereign wealth fund is mining Bitcoin.
Even Brazil has a bill proposing a national reserve of satoshis.
Think in terms of equilibrium.
In Tic-Tac-Toe, the Nash equilibrium is a draw.
The rational strategy is to start by marking one of the four corner squares. The second player then takes the center square. Each player blocks the other’s win until the game ends.
But in the game of Bitcoin adoption...
...the equilibrium is just as simple.
Smart countries will buy before their adversaries.
Savvy corporate leaders will buy before their governments.
Attentive individuals bought long ago.
Where do you think the price of the orange coin is heading? 🆙
Sovereign adoption was once improbable. Today, it’s undervalued.
The market still gives less than a 30% chance that Trump will create a U.S. Bitcoin reserve within his first 100 days.
It seems unwilling to believe. But we’ve seen this movie before.
Bitcoin holders LITERALLY decided the U.S. elections.
They elected Trump — or rather, ousted an administration that was hostile to them.
The popular vote split nearly 50/50 among "no-coiners."
Among “bitcoiners,” Trump had over a 10% lead!
After 2024, NO sane politician can afford to ignore Bitcoin.
The equilibrium has shifted.
Bitcoin is not like the iPhone — a technology you can choose to ignore if you want a “less connected” life.
It’s more like gunpowder 🧨
Once discovered, every Sovereign HAD to adopt it… or risk oppression or extinction.
The Overton Window hasn’t just opened.
It’s been kicked down.
In 2014, the question in political circles was: “What the hell backs Bitcoin?”
In 2024, from Washington to Brasília, bureaucrats are asking: “What are WE going to BACK with our #Bitcoin?”
The president of the world’s richest country openly tells his people to “never sell your Bitcoin.”
Other nations won’t sit idle.
The Sovereigns that establish their reserves first… will enjoy better entry prices. 🤷♂️
And that’s (practically) all politicians need to know about #Bitcoin.
Once you see it, you can’t unsee it. 👁️
Buckle up. The race is on.
The Sovereign Cycle has begun.