we are sideways!!

“OMEGA CANDLES ARE COMING.”

Becoming a seller who accepts Bitcoin has been a huge hurdle. Although I’ve been selling milkweed seeds since 2013. It has taken me the past four years to integrate bitcoin payments into my site. Weather it’s my ignorance of tech or lack of perseverance. It was only with past winter that I got BTC Pay to work on my Wix site at www.growmilkweedplants.com Nobody has used the payment, yet. But with no spread on the kraken price quote. The day will come. I know this.

Mike Brock must a dumb mother fucker thinking he would defeat the great Dick Greaser in a debate! 🤪🤪🤪🤣🤣🤣

If you're a Bitcoiner investing in a startup, how should you think about your returns?

You're giving up Bitcoin. So ask yourself:

Should this company outperform Bitcoin’s long-term growth?

Or should it pay you back in perpetual sats-flow?

Let’s rethink the SAFE note on a Bitcoin standard.

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Rethinking SAFE Notes on a Bitcoin Standard

Traditional SAFE notes are agreements for equity in the future. But if we’re truly moving toward a Bitcoin standard, equity might not be the most aligned incentive structure.

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Here’s how SAFEs work today:

SAFEs (Simple Agreements for Future Equity) dominate seed-stage investing. They’re simple, cheap (free), and just 5–6 pages long. Only two key terms: discount and valuation cap. And usually, only one of those terms is ever actually used.

They were born from frustration with convertible debt. Notes used to be the norm—two-year terms, accruing interest, and technically repayable debt… even though most startups had no revenue.

Founders and investors hated them. They created weird pressure and misalignment during the most fragile stage of a company.

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SAFEs fixed that—kind of.

They delayed equity pricing until a later round, when a valuation actually made sense. And instead of being repayable debt, they’re just promises of equity someday, assuming the company survives.

But they’re still fundamentally about equity—priced in fiat, liquidated in fiat, and designed for a fiat-dominated cap table.

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Here’s the problem on a Bitcoin standard:

If I’m going to liquidate Bitcoin to invest in your startup, I need to believe one of two things:

1. Your company will outperform the CAGR of Bitcoin.

2. I’ll get paid back in perpetuity, in Bitcoin.

Because otherwise, I’m losing upside to subsidize your risk.

And if you're building a company for Bitcoiners, that should matter.

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The SAF-BP: Simple Agreement for Future Bitcoin Payments

A Bitcoin-aligned SAFE isn’t just delayed equity. It’s a claim on future Bitcoin-denominated revenue.

If your company succeeds, I don’t want a fiat payout on your exit.

I want a percentage of the Bitcoin you earn—forever.

You’re asking me to part with Bitcoin now. I need the potential to earn it back through a long-term payment stream.

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Think of it like this:

MicroStrategy trades at a premium because it owns Bitcoin and generates cash flows to buy more.

A startup built for Bitcoiners can do the same—generate Bitcoin payments, retain Bitcoin in treasury, and eventually move to Bitcoin-only operations.

That transition—the ability to settle only in Bitcoin—is the upside. And it can be captured in a new kind of agreement: not for equity, but for perpetual Bitcoin flow.

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This isn’t theory. It works because of this:

In fiat terms, costs go up forever.

In Bitcoin terms, costs go down forever.

If your company accepts only Bitcoin, and serves Bitcoiners whose purchasing power grows, you can charge more over time—and still make your customers happy.

If your product is differentiated and your customers are sovereign Bitcoiners, you can increase your BTC revenue in perpetuity.

That’s the tradeoff I’m willing to fund. That’s the bet I’m willing to make.

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So here’s what I want:

Not equity.

Not a future exit.

Not fiat liquidity.

I want another stream of sats.

Another source of DCA.

Another bet on the Bitcoin circular economy.

A relationship where I help you now, and you help me earn Bitcoin forever.

That’s how Bitcoin-native startup investing should work.

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Here is a link to a downloadable template.

Let us know what changes you think you'd make or what you like the most.