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I don't know. I think, it is fundamentally both. That would be my way to interpret that. A lot of my earlier Bitcoin journey back in , through maybe , before I really started getting more active on Twitter and more directly engaging with Bitcoin as a community, as opposed to trying to orange pill my existing group of friends, you find this interesting development. As a small peek forward into your comment about casting pearls at swine from Peterson, which, when I learned that in , was such a revelatory concept for me, this idea of ultimately, this self-selecting community basically, brings their whole energy.

In a certain spiritual sense, their soul to be forged among the group of everyone else, as we all go through our individual journeys. I think, it's such an interesting lens of you have these different cohorts of people who are ultimately just going to be energy-draining, not productive uses of time, and you find this refuge within this Bitcoin remnant. I just think, this interesting view of the idea that there's all these different people, even the ones who are contrarians and know that things are wrong, but they don't choose to put their whole life and energy forward into a means of being able to challenge themselves and grow.

Those would be your, those libertarians, many of the NCAPs. People that are preppers. People that see a problem, but don't want to do anything about it. I thought, it was a really interesting way of seeing Bitcoin as this purifying forces of community, and that it brings out the best from all of us.

That is part of this process, which I think goes into the toxicity, but I don't want to steal too much of your thunder with that. Perfectly framed. This is a different realm of being, so it's very special. CK, do you want to move into —. Anyone else want to jump in? Or if not, yeah, let's just keep crushing it. All right, that sounds like people want you to continue. The next major section of this is Bitcoiners versus shitcoiners. This has been banged on for a while. In here, there's a couple parts that I want to pull up in here is, this idea that the Bitcoin community, Bitcoiners are the community that wants the best for you, whilst primarily and fundamentally focused on becoming the best version of themselves, okay.

That's a really important thing is like, I want the best for all of you guys, but I'm not doing it in some fake, altruistic, horseshit version of sacrificing myself in the process. I am also trying to make myself the best version of myself.

The next little paragraph here says, there exists a form of altruistic selfishness. I'll say that again, altruistic selfishness, not selflessness. Altruistic selfishness, because they are striving to grow as individuals and become better at their own expense, not at your expense. When you look at that against what shitcoiners do, like the retards in Ethereum, who are trying to sell you ultrasound money out of thin air. You can change the rules on a whim and enrich themselves via pre-mines, so the new narrative every couple of months just to keep you buying it, they're enriching themselves at your expense, not at their own.

I'm not here to sell you like, when I actually go until people to acquire Bitcoin, I'm actually doing myself a disservice, because there's a fucking limited amount. When everyone is going and acquiring Bitcoin, what's actually happening is if it's making any marginal increase on the price, it is making my cost of freedom and long-term sovereignty higher. That's a very fucking different thing than a shitcoiner printing a bunch of shitcoins out of thin air and selling it to you, so that you're the one holding the fucking bags and they get your actual money.

It's such a flip, right? It doesn't actually make sense. It doesn't really affect me. If any momentum is created by a broader base of people buying and HODLing Bitcoin, it actually drives up its purchasing power. That for me is few really, really understand that, and that nuance is so different. I've got a piece in here is like, shitcoiners, much like the existing bankrupt monetary system, seek to enrich themselves at the expense of another.

When some group of nerds backed by Silicon Valley VCs issues their own currency under the banner of decentralization, or the good of everyone. It's funny reading this now after yesterday's launch of worldcoin or whatever. Under the banner of decentralization, or for the good of everyone, they are enriching themselves at your expense. You are funding their lifestyle, and they thank you for it. What's funny is the frauds, like your Charles Hoskinson, and your Buterins, and your Dan Larimers and all this stuff, they're all cut from the same cloth.

They all fucking hate each other, because their respective Ponzi schemes are in direct competition with each other.

The blockchain is that are selling overpriced enterprise database solutions in Silicon Valley, like VCs, like A16, A16Z and all that shit, pumping and dumping new shiny crypto, they're no different. They don't want the best for you.

They just want the best for themselves at your expense. That's to be expected in a world where incentives are skewed and capital allocation is broken and price signals are false. Morality has been thrown out the window , or is like, the meme in here that I've got, and thank you to Gigi is like, morality has been thrown out the window , so have principles.

I despise that. I don't even want to call him a human, like that fucking worm, because he is an example of someone who does not give a fuck about anyone else, and will show them anything, because it doesn't matter. I've tried to also in this thing, in the vein of the rule, and chapter three and finding people who care most about you is separate the modus operandi, I guess, of a Bitcoiner versus a shitcoiner.

I think, that's a piece, then that bleeds a little bit into toxicity, which I can dive into, unless anyone has any comments at this point? I would say, Svetski that Bitcoiners have the heart of a king and a queen, of kings and queens. Because I mean, if you step out, ultimate glory is not just celebrating itself, but the process of celebrating the revelation of your truth that you've discovered to be real, but also the revelation of somebody else discovering that truth as well.

Then the celebration of the revelation of that truth together. Because in that is ultimate joy and that ultimate joy is where true glory of royalty is found. Bitcoiners have that in spades, or one of the few communities that ever found that do, where they are all about that celebration of the revelation of truth. Just one interesting thought just talking about your Hutchkinsons and your Vitaliks.

I think, it's more than just then as the protocol, like the merchants. You get all of the cheap money coming from Silicon Valley, and venture capital that tries to crowd into those cap tables as well. It's funny, because they basically just with gaps, and just how the current regulatory system works, all of these new coins that launch Solana, when I was talking with Mark Cuban in that Twitter space is a week ago, he was talking about all of these different protocols and the potential of all of them.

What isn't really widely known is that him being able to get in on the seed round of Multicoin Capital, he was able to get Solana tokens at 4 cents a piece. He's talking about this whole future and legend, but he just found a sophisticated way to take him in his interconnected buddies that are very wealthy and have accredited investor status to just dump on retail.

They're just taking the masses and throwing them into the fire, so they can enrich themselves even more. It's more than just the technical vendors who enable this. It's the whole capital structures in the current monetary fiat system that just send everyone to the woodchipper, so they can get more money. That's what I phrase there is like, what more do we expect in a system in which all the incentives are skewed?

The Mark Cuban's of the world represent that archetype that I mentioned earlier, which is the guys who play the game, right? They know the game. Despite him being a fucking banana brain, he didn't become a billionaire entirely by accident.

He got in on to the [inaudible ]. He got close enough to it and etc. He's just used that to his advantage at the expense of another. That's that nuance there is like, a Bitcoiner wants to become the best version of himself at his own expense, and wants you to do the same thing. A shitcoiner and the VC and the Mark Cuban of the world and all that stuff, they want to become a more enriched version of themselves at your expense, irrespective of whether the enriched version of themselves is actually consistent with becoming a better version of themselves, which they're actually not interested in.

That's the fucking galaxy of difference between those kind of people. The whole conversation was pivot around like, he didn't understand it. I've come around to. He knows exactly what's going on. He knows exactly what he's doing. It's not like, he doesn't understand Bitcoin and what it promises overall, right? If two years ago, he was saying, it was bananas had more utility. Now he says, it's the best global store of value. There's all this other stuff, too.

He had almost make that concession to have the credibility to keep the game going. I want to just throw out there that my position on all coins is that they're part of the hydra of shit, that's DDOSing the legacy system.

I would say that one of the benefits of altcoins is that it is extremely exposed venture capital, and how corrupt it is, where it creates this walled garden for rich people to stay rich and pretty much, pre-mined these companies, and then dump it on retail through equity markets. It wasn't as apparent as it is when you compare it to Bitcoin and these VCs popping up these tokens, attempting to be some money, and they are using their same practices. It really exposes how corrupt the entire system was to begin with.

Looking at time, I'm going to punch another couple little sections here, so that we can get into the final section of citadel. Just really quickly, Bitcoin toxicity is the next section. I break it down within the frame of the golden rule and the silver rule. Toxicity is become a term that obviously, just gets thrown around.

We've spoken about this, people have written articles, we had this whole fucking shimazel over the last couple of weeks with dumbass really, and everything like that. The people who throw around the word toxicity, are the ones who generally are being subjected to the toxicity for some reason. That should tell you enough about why some people call toxic. What I want to explore here is what a couple of the tenets of toxicity. The golden rule is do unto others as you like them to do unto you.

It's a very misunderstood concept, because it has nothing to do with being nice, but everything to do with having the courage to say and do what's right.

What you really want done unto you, if you're really, really honest with yourself, is the thing that keeps you honest and that demands the best of you and the correct your erroneous behavior, so you can evolve and develop into the best version of yourself. If someone is calling you a fuckwit for being a fuckwit, then that's actually good. You might go and label it as toxic and you're offended and whatever the fuck else you want to say. That is really what the golden rule is about.

Bitcoiners believe this viscerally. On the other end, you've got the silver rule, which is something I learned from Tyler, the fucking retard.

I mean, I've written in here. I'm sure, his ghostwriter will be happy. The silver rule states that you should not do unto others as you would not want done unto you. It's like a variation of the golden rule, and in the context of a complex system. It's a little bit more robust.

For example, you might like weird shit, like being spanked. Whilst the golden rule would then tell you to go and spank other people, doing so might not be such a good idea. The silver rule suggests that what you don't, or want to happen to you is something you should not do to others. This passes the basic good person test. I don't want to have my things stolen.

I don't want to be micromanaged. I don't want to be scammed. I don't want to be promised the world not having it delivered to. I don't want to be lied to. In that sense, I shouldn't do that to others. The silver globe is a little bit more robust. Again, Bitcoiners get this. While some might point to it as toxicity, I would counter as you look at Bitcoin as — I've got a piece in the article where it's, Gigi when he was calling up Breedlove and it was fucking hilarious.

All the memes came out of breed cloud and breed love and I'm dying on this hill with the triceratops shit. Gigi, my respect level for him went up X. He called out Rob. Rob's a fucking greath guy, great mind, great asset to the space. Why I respect people like Gigi and Giacomo Zucco and stuff like that more than just about anyone else is like, we are open to being — open is just such a weak word now. This is the community that we've developed.

I've got a short clip in there about how Bitcoiners are as toxic to frauds, phonies, and charlatans as Bitcoin is to the existing fraud of a world we live in. We use speech to make it known, like a swarm of cyber hornets. Then, I've got a little clip in there from when I think Jordan was at his fucking peak, about five, six years ago, where he talks about free speech and the right to offend, which I recommend everyone go and watch.

That bleeds into this next piece that I just really want to touch on before we wrap up this section and move into citadels, which is, this idea of the virtuous monster. I continue with, do not confuse kindness with sincerity, or abrasion, with wickedness. The best thieves will convince you that they're your friend. Often, your truest friends are those who violently confront you when you are transgressing your own morals, virtues, or standards.

This is why I would take an honest asshole over a polite layer any day of the week. For me, that is so fucking important.

We're honest assholes, not polite liars. Each have a cost. In the honest asshole scenario, to paraphrase, maybe Untapped, is the cost is front loaded, but it's cheaper. It's like going to the gym and training today, has a cost of time me pain. The long-term benefit is you lead a healthier life, you got better bone density, better muscle mass, etc. You're healthier. Not going into the gym today and just relaxing and eating and doing nothing at home might not have a cost today, but it's got a much bigger long-term cost.

That's the same difference of an honest asshole telling you to fucking wake up and do the right thing, versus a polite liar who doesn't say anything, so that you continue to transgress your own morals, virtues and standards, until you become the piece of shit that you hate when you look at yourself in the fucking mirror and then you become depressed, because you now are living an existence of meaninglessness.

To wrap this piece up, I've said, modernity is castrated men and battered women into the point where they can no longer stand up for themselves. They've been taught to live a life of quiet compromise and servitude, and that daddy government and mama medicine will take care of you and basically, numb you into oblivion. If you want to know where this leads, you don't even need to study history anymore. You just fucking open your eyes and look around you. Literally sheeple, and battered women and men everywhere.

They've forgotten what it means to stand up straight with your shoulders back, to literally tie that into the initial thing. This is why the cultivation of the monster inside of us has always been, and perhaps, also never been more important than it is now.

This ability to stand up and say what the fuck is right, despite the fear of backlash, etc. They will call you toxic, but this is what is required. This is again, what this peer group of Bitcoiners brings to the table. Iron sharpens iron, and pressure is the prerequisite for growth. Whether that growth is physical, spiritual, mental or emotional.

Doesn't matter. The monster inside you must be cultivated, and it must be fucking conscious. I've got a little phrase in here that I've written, is the conscious monster confronts the dragon, who in brackets is, [the tyrant]. It also confronts the snake, who is the charlatan, whilst protecting the truth, the tribe and the innocent. That's what it means to be a virtuous monster.

That is the archetype of the so called toxic Bitcoiner. Without them, the world around you becomes either a tyranny, or a fraud, or in our case in our timeline, basically, a blend of the both. I've got a little quote here that I made up. It's called, in the absence of honest assholes, the world you're talking at the state level, whether you're talking to hospitals, whether you're talking to local federal police forces, or local sheriffs and police forces, there's this essential bribery happening everywhere.

What it's trying to do is exactly what you're saying with these tribes. Because of that, you have this destruction of human freedom and freewill, because they're not allowed to lead. Versus with tribalism, it's like, you're building communities larger than your family around consent of agreeing on something together. That way, you can collaborate and like you said, we're taking care of each other and helping each other be their best self. As the world's getting more chaotic, this is becoming more and more powerful, because in my tribe that we're building with the cattle coop and the citadel network, where the supply chains are freaking broken.

You can't get shit. You can't get anything and you can't get tires. You can't get tractors. You can't get parts to fix your tractors. It's to the point where the only reason I'm able to get stuff is because I have a strong network of my tribe, and I know enough insiders know of industries that when things are broken, I just make a phone call, and I jump into the front of the line and grab something off the truck, or the manufacturing line first, because they want to take care of my tribe.

Tribe love of caring for each other is that unit of cohesion that protects society as a whole. Trying to use this authoritarian control to subvert that is just going to lead to chaos and more.

You guys, Bitcoin was absolutely a smash hit success. It was over 13, Bitcoiners coming together, breaking the barriers on who can come together and celebrate freedom, celebrate Bitcoin. The energy was absolutely electric.

Unfortunately, it was just oversubscribed. There's just people flowing out everywhere. This year, we are learning, we are making the conference bigger and better. We are moving over to the Miami Beach Convention Center, and we are going to be throwing a massive four-day festival for Bitcoin, celebrating Bitcoin, bringing together the greatest minds in Bitcoin and the greatest businesses in Bitcoin and lastly, the culture of Bitcoin all together.

We had a four-day extravaganza planned for you guys for Bitcoin Day one is going to be industry day. It is a day where you can buy a special ticket in order to just mingle and make business deals happen. Day two and three is going to be a full-blown Bitcoin conferences. Our main conference is going to be on April 7 th, and 8th.

Then lastly, we have the sound at music festival, day four. Imagine going to Coachella, but for Bitcoin. There's going to be very few talks. It's going to be all about the culture of Bitcoin. It's going to be all about hanging with your fellow plebs. It's going to be an absolutely amazing time. There's going to be Bitcoin musicians, Bitcoin artists, and all your favorite Bitcoiners and just an amazing environment to party and just see it all, soak it all in, and to get people to realize that a Bitcoin world, a world filled with Bitcoin people doing Bitcoin things is the world that they want to live in.

That's what Bitcoin is all about. That is what the Bitcoin conference is all about. That's what Bitcoin Magazine is all about. It is going to be a celebration of Bitcoin, the Bitcoiners and this amazing movement that is going to make the world a better place. Go to b. Guess what? That's a lot of SATS. Go and do it right now today. Don't wait. Prices are only going up. This is going to be a can't miss event. This is a no fluff, hard-hitting, incredible newsletter going deep into the market, helping you understand what's happening with derivatives, what's happening on-chain, what's happening in macro, what's happening with the narrative and what's happening with the tech.

My man, Dylan LeClair is an absolute savant. He is making his name known in the Bitcoin community, getting shoutouts left and right, getting on podcast left and right, and him and his team are bringing you everything that you need to know about Bitcoin. You don't even have to be on Bitcoin Twitter.

You can ignore every other newsletter. This is the newsletter to rule them all. Go over to members. Sign up today. You have nothing to lose.

What are you waiting for? Sign up, see the incredible work that Dylan and his team are putting out. If you don't like it, just unsubscribe. You don't pay a dime. If you do, it's going to be well worth the SATs and investment and understanding Bitcoin, and gaining the confidence to continue to invest in Bitcoin and making the right moves around Bitcoin.

It's going to be well worth every single Satoshi. Again, can't recommend it enough. That is members. Do it today. Or, can I move into how Bitcoin and this idea of tribalism actually transforms the relationship between the governed and the governors? The next piece, I call it economic consequences. I say here that the spectrum of economic reality will completely transform how sovereignty functions and force it to either adapt into a customer service provider relationship away from a subject overload relationship with those whom that provides government services, or dissolve into bankruptcy.

I've got another framework, which I would love people to feel free to use it, but I — it's on the left-hand side of the fiat standard, it's like this pyramid overlord on the top, subject on the bottom. On a Bitcoin standard, it's two circles with a small overlap, and it's service provider and customer. The dynamic in the relationship between the governors and the governed, completely transforms in the face of, or against the specter of economic reality and more importantly, economic consequences.

We've seen that operating, or governing across the last way that people, with divergent views, norms, ideal and those. It's just not viable. People want different things, and you can't just blanket impose arbitrary fucking rules on everyone. The only reason why it's able to be done today, and why large nation states exist today is that they're able to fraudulently fund themselves via three mechanisms; enforce taxation, monetary inflation, and borrowing from the future.

They're all fucking lies. There's a big difference between someone paying a voluntary membership, and someone enforcing taxation on someone and then providing the fucking service. That is a lie. Monetary inflation is a fucking lie. Borrowing from the future, knowing that you can't repay it is a fucking lie. So long as you perpetuate a lie, you then can create and construct a fraudulent existence in the world.

On a Bitcoin standard, you can't do the above. Thus, you cannot grow into a leviathan by perpetuating an economic fraud. You cannot privatize gains, while socializing losses, because none of the mechanisms above are possible. Then, I really dig into something here, which I think is extraordinarily important, but it's moral hazard is currently built into a system. Moral hazard is systemic on a fiat standard.

It's only possible, because consequence doesn't exist. Again, this symbol does not appear in the game. Some items were craftable previously, but cannot be crafted in the current version of Minecraft.

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