Damus
Michael Wilkins profile picture
Michael Wilkins
@Michael Wilkins

Founder, Involve Digital.
Founder, The Bitcoin Transition.

Focused on sound money, incentives, and systems.
Bitcoin as a monetary protocol, not a speculative asset.
Exploring how hard money shapes technology, productivity, and long-term human progress.

Relays (7)
  • wss://purplepag.es – read & write
  • wss://relay.nostr.band – read & write
  • wss://relay.casualcrypto.date – read & write
  • wss://nostr.se7enz.com – read & write
  • wss://relay.chicagoplebs.com – read & write
  • wss://relay.primal.net – read & write
  • wss://nostr.notribe.net – read & write

Recent Notes

Moneta Pro Populo · 4d
I would say sound money is an integral part of capitalism and private property. Extra wealth from someone else's property without their permission is anti-capitalistic and anti-private property.
Michael Wilkins profile picture
The fiat experiment will go down in history as one of the greatest economic failures of the modern era.

For over 50 years, the global monetary system has been built on debt expansion, currency debasement and the belief that inflation is “healthy.”

That belief comes straight out of Keynesian thinking.

The problem?

Inflation is not growth.
Debt is not productivity.
Money printing is not prosperity.

Technology, AI, robotics and automation are inherently deflationary forces. They increase productivity. They reduce real costs. They make abundance possible.

In a free market with sound money, life should get cheaper over time.

Instead, what do we see?

• Housing further out of reach
• Healthcare more expensive
• Education inflated beyond reason
• Asset prices distorted
• Savings punished
• Debt normalised

Even when life improves for some, it costs exponentially more than it should relative to productivity gains.

Why?

Because the system requires inflation to survive.
Debt must grow.
Currencies must weaken.
Savings must be diluted.

When money itself is unstable, everything built on top of it becomes unstable.

This is not a political statement.
It’s a monetary one.

History will not judge the fiat era kindly.

Sound money disciplines governments.
Unsound money disciplines citizens.

And we are living through the consequences.
1❤️3❤️1
🇨🇭 Swiss Hodler 🧡 THE Bitcoin Marketing Team · 3d
Yes 🙌
Michael Wilkins profile picture
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
21❤️1👍1🤙1
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.
Michael Wilkins profile picture
In February 2016 an average sirloin from the butcher cost.

2230596 sats

Today it costs

21065

This is what living on a Bitcoin Standard is like. Prices drop long term. Life gets better. Retirement comes earlier. That’s #Bitcoin
Michael Wilkins profile picture
Most debates about #Bitcoin still anchor on the wrong unit of account. Fiat.

Bitcoin does not become valuable because its fiat price rises.

Its fiat price rises because fiat currencies lose purchasing power over time, while Bitcoin’s supply remains fixed.

Today, approximately 19.99 million bitcoin exist. That supply will increase slowly and predictably until it asymptotically approaches 21 million by 2140. No policy decision, emergency, or demand shock can change this issuance schedule.

At the same time, global production of goods and services continues to expand. Technology, automation, energy efficiency, and capital accumulation increase output faster than new bitcoin are created. This is not speculative — it is observable economic reality.

When productive output grows faster than the monetary base, prices fall in real terms. That is deflation driven by productivity, not collapse. Under a hard money standard, money gains purchasing power because more value is produced per unit of money — not because the money itself changes.

Bitcoin was designed for this environment.

If Bitcoin were the unit of account, the total value of global production would be expressed across a fixed monetary denominator, rather than an expanding one. Value would not disappear through dilution; it would be redistributed through prices.

This does not require Bitcoin’s fiat price to rise for the protocol to function.

Even at lower fiat prices:

Nodes continue to verify transactions.

Proof of work continues.

Difficulty adjusts.

The rules remain unchanged.

Bitcoin does not fail when its fiat price falls. The protocol has no awareness of dollars.

What fails is the assumption that Bitcoin’s success is measured by fiat valuation.

The debate between #Bitcoin and #Gold — or between different Bitcoin advocates — often misses this point entirely. When arguments hinge on dollar thresholds or “price invalidation levels,” they remain trapped in a fiat unit-of-account framework.

A transition to a Bitcoin standard requires a mental shift:

From measuring Bitcoin in dollars

To measuring goods, services, and time in bitcoin

Under such a system:

Saving does not require yield

Retirement does not depend on perpetual growth or government promises

Productivity is rewarded directly through purchasing power

This is not speculation.
It is the consequence of combining a fixed-supply monetary protocol with rising global productivity.

Bitcoin is not an investment vehicle designed to produce more fiat.
It is a monetary protocol designed to preserve value across time.

Most people are yet to realise this.