"Bitcoin OGs, NOT MINERS, are the real BTC price setters."

This insight from @Pierre Rochard suggests Bitcoin OGs have been dictating BTC price since 2024:

"Bitcoin price went up because of demand from ETFs and the Trump election, which triggered a supply cascade from OGs after hitting that psychological achievement of $100,000."

Rochard said that there's a clear supply and demand imbalance which was typically dictated by miners in the first 3 Bitcoin halvings.

"If we just go back to economics 101, we've always talked about the mining getting halved, right? So then the supply is getting halved. The reality is that if you look at the marketplace, the exchanges, the volumes, they far surpass the quantity of Bitcoin getting mined," Rochard said.

Check out the full conversation from Ep.1 of The Lumen Podcast on YouTube 👇

https://youtu.be/TMJxS-zoIdA?si=uprTKUJh_EBb3Jof

"We either adopt Bitcoin or we embrace chaos."

Episode 1 of The Lumen Podcast with @Pierre Rochard is an absolute banger.

"Bitcoin is going to $1M, $10M, $100M, $1T." 🤯

"The US government is run by Bitcoiners." 🏦

"Bitcoin is Epstein-proof." ⚡️

"People said @Michael Saylor is going to choke and sell all the Bitcoin. When Bitcoin goes up, $MSTR is going to rip."

The full episode drops later today. ❤️ & 🔁

Subscribe to the YouTube channel - youtube.com/@thelumenpodcast

After years of planning, I am launching a Bitcoin-focused interview show.

The Lumen Podcast ☀️

It's a great pleasure to start this journey with Ep. 1 feat. @Pierre Rochard

Please subscribe to the YouTube channel,❤️& 🔁

https://youtube.com/@thelumenpodcast?si=1FYrjnYtpFqX31u1

Brian Armstrong deserves an award for evangelising Bitcoin at WEF in Davos.

France’s central bank governor said he trusts central banks more than “private issuers of Bitcoin”

Armstrong hit back immediately: “Bitcoin is a decentralized protocol, there’s actually no issuer of it.”

So, does @Michael Saylor consider Bitcoin to be money 🤔

It’s a question I put to @Saifedean Ammous when we caught up earlier today.

According to the author of The Bitcoin Standard, which has orange pilled millions of people, Saylor sees Bitcoin as a unique, hard asset.

“One of the metaphors he uses is that it is like crude oil, in that it is a hard asset. And just like Standard Oil once refined crude oil into refined products like kerosene and gasoline, he sees Strategy’s role as.refining ‘crude Bitcoin’ into financial assets that people can use”.

This is a fascinating anecdote of Saylor’s Bitcoin thesis.

But Saifedean also reminds us that despite what Saylor might think about Bitcoin, it’s still money and will only become more valuable as long as the fiat money printer exists.

Ever wondered how @Saifedean Ammous discovered Bitcoin?

His famous book, The Bitcoin Standard, has orange-pilled millions. I’ve always wanted to ask Saif about his history with and impact on Bitcoin.

We sat down for a wide ranging chat at Bitcoin Amsterdam.

This is the backstory behind his Bitcoin journey AND a TL;DR of his newest book - The Gold Standard.

So, why is Elon Musk finally talking about Bitcoin's intrinsic connection to physics and energy?

As @Daniel Batten eloquently explains, Elon has firsthand experience trying to stop excess government spending with DOGE.

"He's run that experiment and he knows that it is not possible to rein in government spending when you have access to infinite money printing."

The answer?

"You have to have something that decouples money from the ability to infinitely print money. Because of his background in physics, he's clearly gone well, energy, that's not something you can print into existence. That's a fundamentally better way to create sound money. So gradually he's coming towards a conclusion that Bitcoin is it."

Batten believes Elon is inevitably edging towards the truth.

"Not because he's not incredibly smart, but just slowly because he hasn't had much of his cognitive bandwidth on this."

“Zcash is a shitcoin.”

Another absolute banger from my interview with @Saifedean Ammous.

We had a long chat about privacy as a characteristic of money.

For Saif, money that holds or accrues value overtime is far more important than money that preserves privacy.

"This is the question. How much demand is there for money that does not get debased versus how much demand is there for money that allows you to maintain your privacy?"

I’ll be dropping the full interview soon!

So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots with the arrival of Bitcoin ETFs and Treasury companies?

I asked @saifedean this very question at Bitcoin Amsterdam.

His answer might surprise you 👀👇

"If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time,” Ammous said.

"To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that.”

"If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money."

I’ll be dropping the full interview right here on Nostr. Please 🧡&🔂

Excited to drop my full interview with @Saifedean Ammous this week!

We had a fantastic conversation at Bitcoin Amsterdam, here’s the TL;DR 👇

🪙Truth about Bitcoin Treasuries

🔏Is Bitcoin losing its cypherpunk roots?

🥊Bitcoin vs Zcash ("Zcash is a 💩coin")

💸Hyperbitcoinization may take 15-20 years to achieve.

Like, repost and follow - full video drops soon 👌