Inaugurate Yourself – Start Your Own Strategic Bitcoin Reserve
How to Build Your Personal Strategic Bitcoin Treasury
Most Homo sapiens sapiens, unlike those of us with Bear DNA, tend to complicate sh*T!
I, for instance, like to stand up on my hind legs to get more information from my own senses of smell, sight, and hearing — just like bears in the wild do when they're curious. I, then, find the avenue to execute without awaiting around.
The typical cautious human, on the other hand, often likes to have all their ducks in a row (with guarantees), be told what to do, or they find excuses to wait around for some magical announcement… like Trump, miraculously, saying he has created a ‘Bitcoin Fort Knox*’ or something.
*Sidenote: Trump did not make any promises to buy Bitcoin during his presidential campaign, he only went as far as to say he would not sell the US Government’s existing stockpile.
You, though, aren’t like the average modern human.
You already know Bitcoin isn't just digital gold. It is also an antidote to fiat's destruction of savings and the fix to censorship and financial exclusion. It offers a decentralized, peer-to-peer, borderless system that empowers individuals with true ownership of their wealth… free from government manipulation or bank control.
Therefore, if you already participated in my Safe Have Assets Poll, then it’s very likely you helped make Bitcoin the most-picked asset, even outpacing real estate.
Still… (in the words of the team at The Bitcoin Way):
Some Bitcoiners might be disappointed if the US doesn’t announce that it will be buying Bitcoin hand over fist in the next few weeks. But it makes little sense to be upset. Remember that the main purpose of Bitcoin… has always been to… separate money and state and restore the balance of power to private citizens.
It doesn’t matter if your government builds a strategic Bitcoin reserve, you should be focussed on building your own. Which will be a whole lot easier if you’re not competing with a nation state with access to an infinite money printer.
And most people who I talk to, or have one-on-one email exchanges with, are building their own strategic personal BTC reserve by…
Making buys on autopilot
Excerpt from my Is It Too Late post:
If you’ve read my full answer to Q&A #5, then you already know I don’t view BTC as an investment, as much as I do conveniently-liquid “online money.” No matter what the price is, it just makes sense, as a sound money-management practice, to dollar-cost-average (DCA) into it, in whatever fiat-to-BTC schedule you can handle.
When you DCA into it, you’re taking the emotion out of your fiat-to-BTC purchases. You’re automating recurring buys, making it a "set it and forget it" strategy. It removes the need for constant market monitoring and decision-making. And you’re reducing exposure to short-term price fluctuations, as you buy at various price points.
So, still, my go-to platform to do that is Swan Bitcoin. > More on Swan’s value-adds here…
Bitcoin is the reserve asset of the internet economy
Now, let's unpack that digital delicacy with some Bear-style wisdom:
Imagine the internet as a vast, wild forest of ones and zeros. In this digital wilderness, Bitcoin stands tall like a mighty redwood — immovable, scarce, and growing more valuable with time, as its network effects grow and grow and grow.
Just as bears know the best spots for salmon fishing, savvy internet denizens are learning that Bitcoin is the prime spot for storing and growing their digital wealth.
The modern financial system, with its complex derivatives and speculative instruments, often resembles a casino more than a tool for economic sanity. Bitcoin offers a simpler, more transparent alternative:
Verifiable scarcity: Unlike gold, which can have supply shocks (as seen in Uganda in 2022), Bitcoin's supply is mathematically certain.
Programmability: Bitcoin's scripting language and smart contract capabilities allow for more sophisticated, yet transparent, financial arrangements.
Direct ownership: Bitcoin enables individuals to be their own bank, reducing reliance on intermediaries that often engage in risky financial practices.
So, let’s finish this bulletin off with a very astute Bitcoin sage who's been stacking sats since before most of us knew what a blockchain was!
Over to @CJKonstantinos (Twitter /X)…
I'm a Bitcoin maxi.
That means [I beleive] that Bitcoin is engineered money — a digital gold — and anything competing with BTC (to be digital gold money) is an absolute scam!
There is no need for digital silver. So then what is "crypto?”
99% of crypto = shitcoin scams
The only reason for crypto to exist at all is not to compete with Bitcoin but rather to compliment BTC. The only reason for crypto to exist is to evolve BTC from digital gold to pristine collateral.
This is best demonstrated in the protocols that form what we call "Decentralized Finance."
At the intersections of these DeFi protocols, we can see what I've termed the "Internet Economy." The internet economy is an aggregate economy of the world, no one economy can control it, no one economy can outcompete it.
The internet economy removes the banker — the human element — and replaces that counterparty risk with smart contract risk.
The internet economy is the only economy in the world that offers true free market interest rates on its reserve asset -> BTC.
There will be both centralized & decentralized solutions that don't compete with bitcoin at all, but instead solidify its evolution from digital gold to pristine collateral.
These complimentary solutions will establish a true free market yield curve, this is the future of finance!
Lack of clear regulations has led to potentially valuable crypto protocols being disincentivized, while worthless "art" and memecoin "collectibles" hijacked the technology from its true purpose.
I believe we're now entering a phase where the idiocracy of art and collectibles will be exposed for the grift that it is, while the value of the DeFi internet economy will take its rightful place in global finance.
Is anyone surprised that the monopolistic banking & finance powers that be tried to drive the technology to facilitate a worthless marketplace of art & collectibles?
The future of finance is being built around bitcoin equity as the most pristine form of collateral in the world and legitimate crypto protocols that strengthen the decentralized internet economy, build out the free market yield curve, and secure BTC as pristine collateral are the real revolution!
Without Bitcoin, there is no reason for crypto to even exist at all.
— CJ Konstantinos (@CJKonstantinos)
[Bear’s Note]: Be sure to check out CJ’s 17-minute talk about why Bitcoin is the ultimate form of pristine collateral.
🐻 Select Bitcoin Bulletins:
🐻 A Few External Bitcoin Educational Resources:
God Bless Bitcoin: This documentary takes a deep dive into the moral and ethical aspects of Bitcoin and the impact that this money can have on the world.
Bitcoin University: Matthew Kratter's Bitcoin University is an educational YouTube channel devoted to Bitcoin, financial freedom, and self-sovereignty. I also cover relevant macro and financial news.