Damus
Michael Wilkins profile picture
Michael Wilkins
@Michael Wilkins
I’m tired of scrolling LinkedIn and seeing the same posts on repeat:

“Bitcoin is down $66k.”
“Bitcoin is down 50%.”
“Bitcoin is failing.”

Every speculator has an opinion.
Everyone pretends they know what’s happening.

Almost none of it matters.

Because nothing fundamental about Bitcoin has changed.

Bitcoin is not a stock.
It is not a tech company.
It is not a yield product.
It is not a macro trade.

Bitcoin is a monetary protocol.

Here’s what hasn’t changed:

The supply is still fixed at 21 million

Blocks are still produced roughly every 10 minutes

Nodes still independently verify every rule

Miners still secure the network via proof-of-work

Difficulty still adjusts automatically

No central party can change the rules

That’s Bitcoin.

The only thing that’s moved is the fiat exchange rate people use to talk about it.

When people say “Bitcoin is down,” what they actually mean is:

One unit of Bitcoin currently exchanges for fewer dollars.

That tells you something about dollars, not about Bitcoin.

Bitcoin doesn’t promise price stability in fiat terms.
It promises monetary integrity.

It removes discretionary money creation.
It removes counterparty risk.
It removes the need to speculate just to preserve purchasing power.

That’s why so many people misunderstand it.

Most people don’t want money.
They want more fiat.

So they trade Bitcoin instead of using it.
They time tops and bottoms.
They chase narratives.
They panic when the unit of account they don’t trust moves against them.

But when you stop pricing your life in fiat and start pricing it in Bitcoin, the picture flips:

Goods get cheaper over time.
Savings stop evaporating.
Long-term planning becomes possible again.

That’s the point.

Bitcoin doesn’t need defending during drawdowns.
It needs understanding.

Price noise will come and go.
The protocol remains consistent.

Tick tock. Next Block

That’s #Bitcoin
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Turiz · 1w
Spending helps with understanding how goods get cheaper with time but as you said most are still fiat oriented. And trading the corn chasing charts and scalping. many forget the vision they need reminders such as your post.