Like a Bitcoiner *Litany Against Fear*, “Bitcoin is trustless” is a mantra soulfully and sincerely recited by acolytes of the technology. And it is true – Bitcoin is trustless. No single entity can control or force changes onto the Bitcoin network. With enough intension, insomuch as you can access to the necessary tools, no intermediary can prevent you from buying, selling, spending, holding, or otherwise using bitcoin, even under the most repressive of circumstances.

Bitcoin is trustless, but bitcoining...bitcoining is all about trust! Across self, family, friends, and community, bitcoining forces trust dynamics to the surface and forms a lived experience of reimagined and rebuilt interpersonal and social trust structures that extend far beyond the timechain.

### Developing Trust in Self

Bitcoining is, first and foremost, a practice of radical self-trust. As a bearer money, any and all mistakes resulting in loss of bitcoin rest squarely at the feet of the individual holder and, after the fact, can only be worn like a heavy iron dunce cap by the same. As such, bitcoiners must first conquer their inner doubts and develop an unshakeable internal trust in self. This is the foundation of personal responsibility required to take full control of one’s financial life and to shoulder, without fear or doubt, the sobering awareness that the wealth (and perhaps freedom) of one’s self, family, and future progeny may well hinge entirely on the “rightness” of one’s decisions around bitcoin today.

### Rebuilding Trust in Family

A few months ago, I found myself explaining the nature of bitcoin self-custody for inheritance to a senior private wealth management executive. As the implications became clear to her, in a moment of unfiltered horror, she exclaimed “you mean as I get older, I would have to trust *my children* with this?” My response, of course, “Who else *but* your own children should you trust to secure your bitcoin wealth as you age?” Confronted with my rebuttal, she did not have an answer, but I could tell that it was being digested as food for thought.

The sad truth is that the fiat world orchestrates a pervasive and never-ending psyop to estrange us from family – and to thus divorce us from the powerful benefits of intergenerational family economics. Bitcoin fixes this. Bitcoining with a focus on long-term and generational wealth is a strong catalyst for us to reject the unbalanced, scorched-earth consumerist "individualism" that now increasingly pits young against old. With our new bearings as bitcoiners, we realize that it is time to heal generational rifts in our families and that many priceless things are regained from rebuilding lost bi-directional familial ties of economic support and care. Bitcoin wealth being “stacked” today will mean very little unless there are associated immediate and extended family units with strong bonds of shared trust and trust-distributed risk in place to shepherd keys far into the future.

### Deepening Trust in Friends

While bitcoin’s monetary network might make us “free” (at least from time-theft), it is parallel human networks that must ultimately make us happy and give our lives meaning. It is best that we understand that happiness, more than anything else, is the opposite of loneliness – and that this is one of the few things that money truly cannot buy. The double-edge sword of bitcoining is that without strong supporting bitcoiner friendships, bitcoin’s promise of extreme future wealth threatens to bring an even more extreme isolation along with it for many. And humans die in insolation...It’s dangerous to go alone, as they say. Who will you be able to turn to when the world sees you as little more than a walking sat symbol?

The preemptive remedy here is seeking out and cultivating meaningful friendships with other bitcoiners and, like Noah before the flood, working to get your most important nocoiner friends on the boat before it’s too late. Bitcoiner friendships form the social layer of bitcoin wealth protection and can provide a broad range of “social insurance” against catastrophe – economic or otherwise. As such, bitcoiner friendships are integral to one’s wider “real-world” bitcoin security model and must not be overlooked. Ask yourself – what’s the point of having nice things if you have no one to share them with?

### Leveraging Trust in Pseudonymous Community

Scenario: You arrive in a foreign country. An anon that you “know from the internet" suggests you to reach out to another anon who supposedly lives in city you’re visiting. Upon making contact, you receive GPS coordinates – I repeat, *coordinates*, ***not*** an address – via an encrypted chat set to “burn after reading” mode as an invite to come hang out with a group of local bitcoiners.

nostr:npub15604np6ccsk7ugph4nrg7kyq7kpme9lmcn4l0q2xk4yd5d6puu2s00dr0u just sent me this via the Bitcoin And . . . TG.

Be aware.

"Arkham has identified 948,000 BTC on the chain, worth about 25 billion Coinbase BTC reserves, making Coinbase the largest identified BTC entity at the moment, with nearly 5% of the total existing Bitcoin, about the same as Satoshi Nakamoto. — link

No. They are a “reserve asset” for central banks. So, technically yeah, they can make more loans off them.

It was intended as a digital currency for central bankers but the tech wasn’t there. The intent was to solve the currency issues of the 1970s which we still face today.

BITCOIN IS GLOBAL MONEY FOR AN INTERCONNECTED WORLD