It’s a trade now… not a conviction.
We are all trapped inside the Fiat Matrix now.
Hopefully future generations can revive the protocol and with it, the idea that was Bitcoin: freedom money.
The U.S. did what it was always going to do. It absorbed Bitcoin into the existing financial architecture and turned a potential escape hatch into another asset inside the system.
But that isn’t the end of the story.
The real question is whether centralized authorities can keep their fiat dog in the cage as the distortions compound, society fractures, and AI begins demonetizing the very control levers that made centralization possible.
Because AI changes the equation.
And the rise of decentralized AI changes it even more.
It will increase the fluidity of power, weaken traditional gatekeepers, and challenge the basic architecture of how humans coordinate, interact, and influence one another.
Bitcoin may have been captured for this era.
That doesn’t mean the protocol or the idea behind it is dead.
Freedom money may simply be waiting for a world decentralized enough to use it.
This is the first time I mostly hold BTC as an investment. For the NGU.
Before, it was the biggest no-brainer far beyond that.
It was the exit. The rock solid, unfuckable-with store of value. Separation of money from state. No third parties. Sovereignty. Digital truth in the form of a lean monetary ledger.
Those qualities have, in my opinion, eroded a lot. Slow capture. More centralization. More relativizing and fiatizing of what Bitcoin is for. And there are seemingly no brakes. Just cheering when the people who still wanted Bitcoin to be money, not data storage, lost.
Nodes decide, not miners. That used to be shared ground. Now it will get you ridiculed.
I do not see the current trajectory, governance capture, or mining concentration reversing, not with the current attitude and behavior from the suits, the influencers and the social layer in general. That is why my faith in the project today is much weaker than it used to be.
I am not calling the Blake2b chain Bitcoin.
I am glad the fork happened. It is a live attempt to reassert principles a lot of us thought were settled: monetary protocol, hostile to spam, nodes enforcing rules, miners do not get to veto by selling block space for JPEGs and other non-monetary use.
Whether it works at any meaningful scale is unknown. The energy around it is real. That resonates more with me than victory laps from people who treated BIP-110 as a joke and then celebrated when centralized hashpower blocked it.
My position:
I am not selling my BTC.
I am not telling anyone else to sell.
I intend to hold both sides for now.
Nobody should be buying or selling either side of this split yet. The dust has not settled, liquidity is a joke, and rushed claim tools are how you lose funds.
I urge everyone to make their own, well researched and responsible decisions.
Most of my attention and interest now goes to the chain that still treats spam as spam, instead of inviting more of it and saying the debate is settled.