First principles. Nothing else.
Evergreen writing on Bitcoin, Austrian economics, and the transition off fiat. No price predictions. No trading signals. No hype.
What Is Inflation? How It Works, Who Pays, and What's Immune
Inflation is a rise in the general level of prices, which means each unit of money buys less. Mainstream economics treats it as something that happens to prices; the older view says it is something done to money, by creating more of it. Here is how it works, who pays, and what holds its value.
The Cost of Living Crisis Is a Currency Crisis: A Multi-Currency Diagnosis
The cost of living has not risen in any meaningful sense. The currency you hold has fallen. This article traces what has actually happened across eight major currencies — and what the same goods cost when priced in satoshis.
Fix the Money, Fix the World: Why Every Modern Crisis Traces to the Same Source
The cost-of-living crisis, the housing crisis, the pension crisis, declining birth rates, endless wars, the food and health collapse — these are not separate problems. They share a single cause. This is the case for fixing the money.
Commodity, Currency, Money — and Why Bitcoin Is All Three
Commodity, currency, and money are three words used interchangeably and meaning different things. Gold is a commodity and money but not a modern currency. Fiat is a currency but not money. Bitcoin is the only thing that satisfies all three definitions.
Bitcoin Inheritance: What Happens to Your Coins When You Die?
Without a plan, your bitcoin dies with you. No exchange can recover it. No estate lawyer can retrieve it. Inheritance planning for self-custodied bitcoin requires specific steps — here is how to do it right.
How to Set Up a Multi-Signature Bitcoin Wallet
A multi-signature wallet requires multiple keys to authorise a transaction. This eliminates the single point of failure of standard custody. Here is how it works and how to set one up.
Hot vs Cold Bitcoin Wallets: Which Should You Use?
Hot wallets are connected to the internet. Cold wallets are not. The difference determines how much security you have and how convenient your bitcoin is to spend. Use both, for different purposes.
What Is a Bitcoin Seed Phrase? (And How to Secure It)
A seed phrase is a list of 12 or 24 words that fully encodes your bitcoin wallet. It is the single most important thing you will ever secure. Here is what it is and how to protect it.
How to Choose a Bitcoin Hardware Wallet
A hardware wallet is a dedicated device that stores your bitcoin private keys offline. Here is what to look for, why we judge devices by their properties rather than their brand, and how to arrange things so no single device can cost you your savings.
Bitcoin Self-Custody: What It Is and How to Do It, Step by Step
Self-custody means holding the private keys to your own bitcoin, so no exchange or company can freeze, lose or lend it. This guide explains why it matters and what it requires, then walks through a first setup step by step, from choosing devices to sending your first test transaction.
Why Bitcoin Is Not a Get-Rich-Quick Scheme
Bitcoin is frequently described as an investment opportunity. This framing is wrong. It is a monetary protocol — and understanding the difference changes everything about how you use it.
What Is Money? A First-Principles Guide
Money is the most important technology in human civilisation and the least understood. This guide starts from first principles: what money is, what properties it needs, and why Bitcoin satisfies them better than anything that came before.