As I reflect upon 2025, I have concluded the Bitcoin treasury grift was the dumbest fucking idea ever. From first principles as to why Bitcoin exists in the first place it should have been obvious. It took me a few months and some critical thinking beyond my cognitive bias, plus I had to disagree with so many Bitcoiners that I previously learned and looked up to. For me, 2025 was a great year, Bitcoin is not only about NGU, it’s about being an individual and being willing to think outside of the pack.

Happy New Year all.