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Writing about Bitcoin & Ethics

Ross Stevens, 2025 Stone Ridge investment letter:

AI is attracting optimistic capital.

Gold is attracting pessimistic capital.

Bitcoin is the better option for both.

In a recent video, Luke Gromen said he sold Bitcoin because AI and automation is driving exponential deflation, citing Jeff Booth. His view is that unless we get “nuclear” levels of money printing, Bitcoin goes down. The implied trade is to buy back after a crash, once policymakers respond and the printing starts.

nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpp4mhxue69uhkummn9ekx7mqcgexya, what do you think of that logic?

Personally, I get the framework, but it feels a little too cute—trying to time both the deflationary shock and the exact moment the monetary regime flips.

Peter McCormack is the biggest case of cognitive dissonance I’ve ever seen.

The guy spent half a decade hosting "What Bitcoin Did," interviewing hundreds of the world's smartest guests who explained exactly how fiat currency ruins society. He spent years nodding along to the thesis that the only way to limit government power is to separate money and state (Bitcoin).

Then, he pivots to a UK politics podcast, starts platforming fiat economists, and spends months perpetuating the system he was taught to see through.

Now, in his most recent episode, he claims he’s reached an "inflection point." He says he’s "done" pretending the system works and refuses to vote for the lesser of two evils. His big new focus? He wants "strict constraints" on government, arguing that without something like a Bill of Rights or a Constitution, the government will always expand to serve its own interests at the expense of the populace.

No shit. You literally have years of archives of people telling you that fiat money is the mechanism that allows that overreach. You are begging for a "paper" constraint (a Constitution) while completely ignoring the actual constraint (Bitcoin) you built your entire career on. It is painful to watch someone look for a solution they already found years ago.

I met you in Madeira briefly, and I think I'm perfect for this role. I am a Bitcoin maximalist studying English/Philosophy in college. I started the "Irresponsibly long MSTR" community on X that has grown to 4.6k members. I understand content and know how to grow meaningful engagement and community. Plus, I'm a meme wizard. I'll be applying, or you can DM me and we can discuss further.

#Bitcoin flows to those who are most rational, moral, and productive.

100k MSTR. Sats per share are steadily increasing and will continue to increase at 4-8% per year. SPS is the only thing that matters. Everything else is noise.

John McAfee's Final Interviews- "You are in the Matrix"

#Bitcoin

https://youtu.be/b0pxnTXECwo?si=1YIYDy5skrWPtPPx