So the government push looks real with the choke on liquidity (stablecoins), and censorship of staking. Hangman Gary Gensler actually went on MSNBC Friday and said: "Not your keys, not your coins."

Ordinals are attracting significant attention. I'm sitting here getting texts from friends-of-friends asking about running bitcoin nodes and importing ORD wallets. So I think bitcoin becomes necessary for liquidity, establishing trading pairs, and censorship resistance, especially if we get an implosion of Binance, deprecation of other exchanges, and armed criminal action against liquid staking derivative platforms like Lido et al.

To me it says the degenerate exodus from crypto is inbound to our sovereign shores. This sets the table for Ordinal success, Taro, Stacks sidechain upgrades, etc. As an example, when gambling junkies realize they can say create a wallet, create an account with LNmarkets, fund their account, and pull off a derivative trade all in under 60 seconds, I expect all hell to break loose.

My reaction isn't to complain, square my shoulders, or raise my voice an octave on sound-money principles. It's to rapidly position myself around blockspace. That means buying cheap miners, dunking them in dielectric fluid, then buying 2025 calls on public miners like Riot Platforms and Marathon.

I should imagine March will be a month to remember in "crypto", and I feel we're moving well beyond the current addressable market of BTC which seems to be bitcoin twitter. Bitcoin is going to the stratosphere later this year. Position accordingly. jmho

∞/21M