Newsletter #35 is out 🫡🤝💫

In this edition of my newsletter, I explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival.

https://leonwankum.substack.com/p/bitcoin-cycles-how-resilience-is-built

"A 'cosmic accounting' system incorporates the survival values of a life-sustaining environment, the values, in energy and time, of the production of fossil fuels by nature, and the values of a regenerative and adaptive energy system and of renewable materials. Using this system, our present ways of utilizing energy are seen to be ridiculously wasteful."—R. Buckminster Fuller on Bitcoin

Out tomorrow!

Money shapes civilization long before politics reacts to it. Bitcoin’s trajectory does not depend on ideology or permission, but on its ability to coordinate human action more honestly than the systems it replaces.

My upcoming newsletter “Bitcoin Cycles: How Resilience Is Built” will be released early next week. 🤝

https://leonwankum.substack.com/

On route.

Back at it. 🥊

HNY.