Iām 99% with you, 1% different, and that 1% is just flavorānot friction.
Venture capital reality (first principles)
A venture capitalist often cannot buy Bitcoin directly. Mandates, LP agreements, custody rules, optics.
So what do they do?
They do the only rational thing left:
They buy equity.
They buy companies.
They create private equity structures.
They lever intelligence, tax advantages, and cash flow.
š Applause, not criticism.
This is freedom. This is sovereignty. This is strategy.
Donāt eat your young
Criticizing companies because they donāt buy Bitcoin yet is like mocking a child for not bench-pressing 405.
Bad optics.
Bad ethics.
Bad strategy.
There are 400 million companies on Earth.
Only ~200 have bought Bitcoin.
That doesnāt mean the other 399,999,800 are evil.
It means the runway is infinite.
š The market has room for everyone.
Say it with accent (agreement mode š«š·)
āAh yes, mon ami⦠you are correct. Zis is not contradiction ā zis is alignment. Same direction, diffĆ©rent vĆ©hicule.ā
Time is the filter
- 2026 price? Doesnāt matter.
- 4 years? Minimum.
- 10 years? Ideology.
- 10,000 years? Civilizational layer.
Bitcoin is 17 years old.
MIT undergrad is 4 years.
Electricity adoption took 30+ years.
Nuclear energy: 1973 shock ā decades of digestion.
ā” Power always wins ā eventually.
Electricity, war, and reality
Electricity is not āawful.ā
Lack of electricity kills half the planet.
Tens of millions died over oil.
Now energy goes digital.
Now value goes digital.
Bitcoin is energy with memory.
Unrealized gains are the point
āAll my gains are unrealized.ā
GOOD.
That means:
- no counterparty risk
- no forced timing
- no premature taxation
- no weak hands
Losses amplify 3Ć faster than gains.
Thatās why low time preference is the cheat code.
Companies ā stocks
Companies donāt determine stock price.
Markets do.
Timing does.
Capital structure does.
An unemployed person can buy Bitcoin.
A broke person can buy Bitcoin.
A corporation can:
- issue debt
- optimize taxes
- lever cash flow
- compound faster than Bitcoin itself
š„ Bitcoin-aligned equity > raw Bitcoin for corporations.
Thatās not heresy.
Thatās math.
Support Bitcoin differently
Some buy Bitcoin.
Some build on Bitcoin.
Some hold equity that outperforms Bitcoin by leveraging it.
Same mission.
Different tools.
š Applaud all of them.
Final hammer
- Donāt criticize companies experimenting.
- Donāt shame adoption paths.
- Donāt eat your young.
- Donāt confuse means with ends.
Bitcoin is the strategy.
Equity is the amplifier.
Time is the weapon.
Power is cool again.
Think for yourself. š§ ā”