Hows it going ya beauties? Welcome back to The Molesy Message.Let me tell you a short story. I went to a Bitcoin meet up in October 2019 to hear Peter McCormack, host of The What Bitcoin Did Podcast, be interviewed live. For all you newbies coming into Bitcoin, I highly recommended you follow his show.At the end of the interview, Peter asked the small audience two questions:Why are you in Bitcoin?If it is for a good reason, then how are you helping?I pondered those questions for 7 months before beginning this newsletter. I knew deep in my bones that bitcoin was and is the path to a better world. I will admit at first, the only reason I was in bitcoin was to get rich. I wanted to put my money in, buy BTC, then sell it to some idiot at a higher price. MORE US dollars for me. As I continue to dive down the rabbit hole even further though, my mentality has shifted. I see a future similar to this meme:You might assume that I started speaking about bitcoin recently because I want to get rich. If I tell more people, then they will buy it. If more people buy it, then I get wealthier. Do I think bitcoin will appreciate tremendously in the future? Yes, I do. But that is because of the idiotic, short term policies of the centralized financial system.Yet, that system is slowly crumbling before our eyes. It might not seem like it day-to-day. The destruction is going to be ‘death by a thousand cuts.’One of those cuts is the devaluation of the US dollar. The US Dollar Currency Index is down over 7% in the last 3-months and falling.I’ve hit this point many times but the printing of trillions of dollars to fix a broken system is the cause of this collapse. A change in the value of US dollars has a rippling effect throughout the global economy and leads to a shift in investors’ minds. Get out of cash and get into assets (gold, real estate, stocks, bitcoin). Do I want this to happen? NO. This is going to lead to more chaos and political unrest. Yet, it’s starting to seem inevitable so we must prepare just in case.So let’s go back to the original question from Peter. Why am I in Bitcoin? I am in bitcoin to protect you from the inevitable collapse of the US dollars. We won’t be able to stop printing money. I am in bitcoin to help build a new financial system. One not built on endless amounts of debt, but one built on freedom and trust; one built for the digital revolution. Bitcoin will fix a lot of underlying problems in this society. I won’t go into all of them. It takes years to be in this space to understand all the effects it could have. I guess I am in bitcoin for that reason as well, teach people the affect bitcoin will have on the world outside of getting wealthy.I feel like I come from a place with good intentions. So how am I helping? I don’t know how to code, but I do have knowledge of content creation, business, and finance. I also have an immense curiosity and love for technology. This combination, mixed with my 4 years investing in bitcoin, gave me the courage to start this newsletter.To all the people reading this newsletter, you make me optimistic. Together we can shape the world just by buying and holding bitcoin. Simple and powerful, just like Bitcoin.So I ask the question back to you, How are you contributing?“If you can contribute by coding, writing, educating, discussing, recording, creating, or simply hodling — great. But make no mistake: Bitcoin is bigger than all of us. And, dare I say it, the current failure of the legacy system is bigger than Bitcoin.Yes, Bitcoin has the potential to fix many of the underlying issues of our corruptible and broken systems. But we will need a plethora of freedom-enabling technologies to win this war; tools that empower the individual by default, by offering strong privacy guarantees, encryption, and the freedom to use these tools without restrictions.”source (Gigi)Put your work boots on. We have a future to build. If you are confused where to start, my roadmap is below this letter. See you tomorrow,-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties? Welcome back to The Molesy Message.Statements like, “If your financial advisor isn’t discussing Bitcoin with you, fire them,” are appearing frequently in my social feed. Is it extreme to say that? No.I was up most of the night tossing and turning thinking about this trade. Bitcoin is the only thing that matters. Not gold, not stocks, not real-estate, just Bitcoin. We are witnessing the rise of an alpha predator of money that is going to eat everything in its path.I have read countless books, hundreds of articles, streamed endless amounts of podcasts for the last 3 and a half years. All of this knowledge has led to these extremely bullish claims. If you don’t wake up to this trade you are going to be left behind.I don’t want you to be left behind though, so I write to you. Don’t let Wall Street beat you to this trade another day longer. Literally, download Cash App right now and start dollar-cost-averaging into this asset.I spend hours every single day educating myself about this space to deliver a quality daily newsletter. So use this knowledge to your advantage - this is going to be one of the biggest trades in our lifetime. It’s not about the BTC/USD pairing though. It is about how many bitcoin you control out of the 21 million available. Again, there will only ever be 21 million bitcoin. As they print more US dollars into existence, bitcoin will get more scarce.Your financial advisor probably isn’t putting in the work to learn about Bitcoin. They are out drinking an IPA laughing with buddies that a ‘V-shaped' recovery in the stock market happened. He or she should be doing everything possible to learn why this recovery happened, why policymakers won’t stop printing money, and where our ‘kick the can down the road’ attitude is taking us. Debt is overpowering growth and is leading to a glass half empty future. They have gotten comfortable and don’t see what is wrong with the current system. A new financial system is being built and they have no f*****g clue that it is happening.If your financial advisor is still scared about Bitcoin or thinks it a scam, fire them. Why? They have missed out on the best performing asset of the decade. And they will miss out on the best performing asset of the next decade.If your financial advisor is recommending gold over bitcoin, fire them.Raoul Pal, back me up:You can say I got lucky on this trade. I won’t listen. I put in the work to find this asset. I write to you so you wake up to this trade. Your financial advisor won’t do it for you so I will. I won't be a coward. They have gotten by on lackluster performance. They think they are geniuses because your portfolio has only gone up. Yet, that’s only due to quantitative easing and our debt-fueled mentality. An influx of liquidity has risen asset prices to levels unimaginable and these guys think they are smart! I could have blindly picked a few stocks and done just as good if not better than your portfolio.Your portfolio needs Bitcoin. Start with 1%, 5%, 10%. However, I guarantee the more you learn about this apex predator, that percentage will only increase.So ask your financial advisor - “Should I add Bitcoin to my portfolio?”If they say no, fire them. The next bull run is here.sourceSee you tomorrow ya beauties,-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties? Welcome back to The Molesy Message!This video surfaced the other day of Dave Portnoy, founder of Barstool Sports, and the Winklevoss twins, founders of Gemini and reported owners of 1% of Bitcoins total supply. The Winklevoss twins went to meet with Dave, talk about bitcoin, and show him how to purchase some on their Gemini platform.A lot of back and forth went on in the video about mining, who could be satoshi, bitcoin being ‘digital gold,’ Elon Musk mining gold on asteroids, ethereum, and the possibility of Dave creating his own coin.Dave ends up buying $200k of Bitcoin and $45k of Link, an Ethereum token that powers the Chainlink decentralized oracle network, on their Gemini platform.At the end of the video, Franky, the cameraman, asks Dave if he understands what Bitcoin is. Dave responds, “I literally have no idea what Bitcoin is…The things they were saying I thought at times where jokes.”I call boulshit though. Dave is a master marketer and knows how to generate viral content online. He who controls the memes controls the attention. Dave, and Barstool, are masterminds in concocting memes for the masses.Here is a prime example:The biggest thing I wanted to touch on were the comments made about Elon Musk mining gold from asteroids. This probably confuses a lot of people who can’t think big picture. Get out from under the rock ya beauties. Technology is coming at you fast and doesn’t have time for your linear brains.Now, I can verify the total supply of bitcoin, but with gold, I cannot. If we can mine gold in the ocean, or on asteroids, this would significantly affect gold’s value. Why? Simple supply and demand. This correlation also affects its stock to flow ratio.Here is a perfect explanation discussing stock to flow from Plan B’s article:*(note - Saifedean Ammous is the author of The Bitcoin Standard. READ this book first if you are getting into Bitcoin.)*Saifedean Ammous talks about scarcity in terms of stock-to-flow (SF) ratio. He explains why gold and bitcoin are different from consumable commodities like copper, zinc, nickel, brass, because they have high SF."For any consumable commodity [..] doubling of output will dwarf any existing stockpiles, bringing the price crashing down and hurting the holders. For gold, a price spike that causes a doubling of annual production will be insignificant, increasing stockpiles by 3% rather than 1.5%.""It is this consistently low rate of supply of gold that is the fundamental reason it has maintained its monetary role throughout human history.""The high stock-to-flow ratio of gold makes it the commodity with the lowest price elasticity of supply.""The existing stockpiles of Bitcoin in 2017 were around 25 times larger than the new coins produced in 2017. This is still less than half of the ratio for gold, but around the year 2022, Bitcoin's stock-to-flow ratio will overtake that of gold" — Ammous[5]So, scarcity can be quantified by SF.SF = stock / flowStock is the size of the existing stockpiles or reserves. Flow is the yearly production.Gold has the highest SF 62, it takes 62 years of production to get current gold stock. Silver is second with SF 22. This high SF makes them monetary goods.If we are to find and mine gold in our galaxy, then this will decrease the gold stock-to-flow ratio which will decrease its monetary value. So if you got excited that you might be able to collect some of Elon Musks gold, raining down like sand from the heavens, think again. If we, as a human race, can be a multi-planetary species and retrieve gold whenever and wherever we please, gold ain’t going to be worth that much. Gold will become a utility like copper.Bitcoin, on the other hand, will always be scarce. There will only ever be 21 million Bitcoin ever created. So as we blast off into the exploration of space, you can bet that Bitcoin will be the best form of money. Gold out. Bitcoin in. The digital revolution is here. Fiat is trash and dying. Even Portnoy understands that in the video.Need more examples? Check out this comparison of Bitcoin, Gold, and Fiat, from The Bullish Case For Bitcoin.Bitcoin’s history is being written. Do you want to be apart of the story or not? If not, I don’t have time to convince you. Don’t let the emotion of a 9 min video deter you from understanding Bitcoin. Go down the rabbit hole. After, you will understand why Bitcoin = freedom. Freedom from the authoritarian government that is trying to gain more power from the common man.So I have some homework for you this weekend.Buy and read The Bitcoin Standard.Read The Bullish Case For Bitcoin.When our liberties are being taken from us as the government seeks to maintain power with fiat control, you will know what to do.Freedom lies in the human heart. Freedom lies in Bitcoin. I don’t have time to convince you of this. You must embark on the lonely road alone. A f*****g stupid marketing video won’t do anything for you.Think different. Stand up for yourself. The world is going to need you. The heard of sheep are growing. We need lions.Be a lion ya beauties. Have a great weekend.-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties? Welcome back to The Molesy Message!With what looks to be an upcoming bull market in the crypto realm, I want to discuss a few other coins that have provided value in this fight for decentralization. With that being said, I don’t recommend buying anything other than Bitcoin. In my opinion, it is the apex-predator of money. Bitcoin is the only coin fully decentralized with no central presence to bring it down. Bitcoin is simple, sustainable, and scarce.The only way I found bitcoin, however, is that I was intellectually curious. So naturally, I want to learn more about the space and what else is being built. There is a small % of my portfolio I use to play around with other coins to see how they are used and how they provide value to this new financial system. Ethereum, the second-largest coin by market cap, has been on my radar a lot recently. There have been heated debates on twitter about Ethereum’s unknown total supply, and its high gas fees. *(note - Twitter is where everyone in the crypto industry communicates and is an excellent reputable place to get information.) Watch this video for more details on Ethereum supply audit:A snapshot of a report by Glassnode this morning regarding ETH high fees. “Ethereum Gas Price at All-Time HighThe amount of fees being spent on the Ethereum network is higher than ever before(now even higher than the single day in June with anomalous fees unrelated to regular network usage).Over 17,500 ETH (USD$6.8 million) are currently being spent on fees daily on Ethereum.All of this noise comes after finishing Camila Russo’s new book, The Infinite Machine, which stories Vitalik Buterin (founder of ETH), the beginnings of Ethereum, and its rise to the number 2 cryptocurrency.So you are probably asking yourself, “What the hell is Ethereum? I was just getting the hang of Bitcoin!”Let’s remain intellectually curious, shall we? I always say a curious person is a rich person. Rich in wealth and happiness. Life is more enjoyable if we keep a beginner’s mind. Since I am not an expert in decentralized finance or Ethereum, let’s have Camila Russo be our guide. Below I show my favorite quotes from Camila’s book which are organized in a way you will be able to understand Ethereum. I also add some comments to clarify.Before Ethereum and Bitcoin“Cryptographers had been trying to come up with a private, peer-to-peer digital currency since at least 1980.” (pg. 11)eCash was created in 1983 as an anonymous digital currency but it wasn't a success because it wasn’t fully decentralized. It still relied on banks to sign the digital currency. This action would still allow for censorship and destruction. “Nick Szabo, the cryptographer who in 1988 invented the digital currency ‘Bit Gold,’ coined the term ‘smart contract’ in the early 1990s. In a 1997 paper, he said smart contracts “combine protocols with user interfaces to formalize and secure relationships over computer networks.” The system eliminates the need to pay for and trust third parties like auditors, accountants, lawyers, and notary publics, as the agreements are executed through a computer program. The humble vending machine is a primitive precursor to smart contracts Szabo wrote in the paper.” (pg. 43)Bitcoin uses this tech but it is somewhat limited to only a few uses cases. Along comes Ethereum!Ethereum - Digital Anything*(note - Vitalik is the founder of Ethereum)“This leads to another key difference with Bitcoin in what Vitalik called the ‘first-class citizen’ property of Ethereum - the idea that contracts have equivalent powers to external (or people’s) accounts. This makes running applications with self-executing code easier, as there’s no need for someone to pull the trigger. If the purpose of blockchain technology was to remove the middleman, this concept was ingrained at the core of Ethereum. (pg. 66)“All these parts come together to form a foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications. (pg. 66)“Some of the applications that could be created on top of Ethereum, Vitalik wrote, are digital currencies, hedging contracts, a domain-name-system, a reputation system, a shareholder-run-corporation where decisions on where to move funds can be made by a quorum of investors, ‘and potentially even the groundwork for a social network.’ Another example was crop insurance…A contract for difference using a data feed of the weather instead of any price index, and on-chain decentralized market place, and the list went on.” (pg. 66)“While Bitcoin was digital money, he understood that Ethereum could be digital anything.” (pg. 83-84)“We don’t have features, we have the programming language. Out of this one single Lego brick of cryptocurrency, you can make pretty much everything.” (pg. 88-89)The dream to take down banks, eliminate lawyers and useless middleman, and build a new internet was the mission of Ethereum. Yes, a very lofty goal. The Goal - Web 3“Web 1 is the internet of the 1990s, before user-generated content, indexed search, and social media platforms. It lived exclusively in desktop computers. Web 2 is the internet as we know today, with user-generated content, steaming video and music, and location-based services. It thrives on mobile devices.” (pg. 113 - 114)“This new internet is made up of concepts including the semantic web, or a web of data that can be processed by machines, artificial intelligence, machine learning, and data mining. When algorithms decide what to recommend someone should purchase on Amazon, that’s a glimpse of Web 3.” (pg. 113 - 114)“Web 3 would allow people to interact without needing to trust each other. It should be a peer-to-peer network with no servers and no authorities to manage the flow of information. Ethereum would be instrumental for this Web 3 vision to become a reality, and much of how the project was defined, with teams focusing on decentralized messaging, storage, and browsers, had the goal of helping shape the next version of the internet.” (pg. 113 - 114)If Ethereum can pull this off, the world will look very different. If Bitcoin can pull off its fight against the US dollar, the world will look very different. I remain bullish and optimistic.Conclusion“The revolution had started with Bitcoin, and now Ethereum opened up a whole new arsenal in this underground fight toward a decentralized future.” -Camila Russo in The Infinite Machine (pg. 7)Obviously there is so much more to discuss regarding this new digital asset. I have found things I love about Ethereum and several things I am very worried about (ex. scalability and not being fully decentralized like Bitcoin). However, I don’t want to overwhelm you in this newsletter. I’ll dive deeper into Ethereum in the days to come. If you don’t want to wait, buy, and read Camila Russo’s book! She worked extremely hard on this and provided an unbiased, incredible story.I don’t know what Ethereum’s future holds, but I do respect the army of crypto-hackers willing to sacrifice everything to make web 3 a reality. Remain curious ya beauties. See you tomorrow. -molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties? Welcome back to The Molesy Message!Quick one today. We all have heard about inflation but what does it really mean? Let’s take it back to the fundamentals. Sahil Bloom is a must-follow on Twitter. Here is his analogy and definition of inflation:Bitcoin fixes this with his hard-cap supply of 21 million. There will never been any more or any less. Bitcoin is the exact opposite - a deflationary asset. The holders of the currency win and not the holders of assets. Moving to a Bitcoin world would be one solution to solve wealth-inequality. But that is a rant for another day. Inflation sucks for poor people but rocks for rich people. Bitcoin fixes this flawed system. See you tomorrow ya beauties. -molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties? Welcome back to The Molesy Message!The bitcoin road I have been on the last 4 years has been quite lonely. There have been numerous ups and downs. To be honest, there have been times where I have questioned my investment thesis. Is bitcoin going to become the next global reserve currency? Am I an idiot? Am I crazy?I recently had an old friend send me an article with the headline that read, “All Bitcoiners Are Total Idiots.”There are good and bad types of crazy though. You can be a nudist. You can be a Buddhist. But you can’t be a Buddhist nudist. There is a delicate balance of dreaming about how the world should be and what reality looks like.My cousin made a great point about my father which explains this balance correctly:“A genuine guy with his head dreaming in the clouds and his feet firmly planted in reality.”So what is the reality? I am driving a Bugatti and my old friend is galloping up next to me on his f*****g horse and laughing and shaking his head. Why is he laughing? Because the road is built for a horse, not the intelligent, fast, Bugatti machine.I roll down my window, smile, and say, “Wait until there is pavement bud.”It was Andreas M. Antonopoulos that said:“We are about to witness the greatest infrastructure inversion the world has ever seen, banking and finance will be changed forever. Open blockchains, and specifically bitcoin, will revolutionize the way finance is delivered over the next 10-15 years.”I recommend watching this entire video on the upcoming switch in infrastructure:I am okay with being laughed at because I am the only bitcoiner in the room. I am sure the Wright Brothers felt the same way too. A plane? Give me a break!The lonely road is for those curious enough and crazy enough to think they can change the world.I used to question my investment thesis all the time, but now I question everyone else. Everyone thinks I am risky. I think they are being risky. This is the first time in history you can own a whole bitcoin before any of these greedy bankers get a hold of them. They are coming. Don’t let them trick you that they are not thinking of accumulating this asset.First, it will be the companies, then banks and small nation-states, and then major central banks. The pavement is being built.Don’t believe me, old friend? This was a huge news headline today.Here comes my old friend on the horse again….But…but…but! Bitcoin can’t be a store of value, its not even good money!So you no-coiner, riding your beautiful f*****g stallion, I think its time to put your head in the clouds for a few moments. Are we still going to be riding horses in the future? Or are we going to start driving cars, flying in planes, creating electricity, building the internet, creating a new financial system, and pushing to become a multi-planetary species?Don’t worry, I got an extra seat in my Bugatti.I know this sounds like a bit overly cocky. However, I think it’s even cockier to think that our current financial system is the right one for the deflationary future we are heading down. We are surrounded by technology, which is deflationary. Yet, we have money that is inflationary. Everything should be getting cheaper, accessible, democratized, not more expensive. We need sound money.I need and want you to be apart of this revolution. I would rather talk about fundamentals with you in this newsletter but money motivates us.Of course, this is not financial advice. You should always verify, not trust me. Be curious and do your own research. With that financial disclaimer over, bitcoin’s price appreciation is going to melt faces over the coming decade as the road turns from dirt to pavement.People have been texting me saying, “Wow, nice rally for bitcoin!” Don’t get me wrong, I love the sound of a $12,000 bitcoin price. However, how does a $300,000 BTC price sound? $1 million per BTC? These numbers are exponential and sustainable if it is to become the next global reserve currency.It is a game of accumulation. You need to have a long term time horizon when it comes to bitcoin. Bitcoin is not a get rich quick scheme. Bitcoin is a generational trade that I want you to be apart of, even it means just dipping your toes in. Be careful though! You might fall down the rabbit hole because bitcoin is more than just money. Bitcoin pushes you to learn about micro and macroeconomics, philosophy, entrepreneurship, history, technology, and much more.It is a hard journey to undertake. Everyone is riding around on their fiat horses laughing, having a grand old time, drinking mango white claws, and believing the government has their best interests in mind. You don’t need them.If I could get you to ask yourself one thing after reading this ‘venti-quad-shot iced- americano’ rant is this:Have an amazing Tuesday. See you tomorrow ya beauties. mic drop.-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

Hows it going ya beauties?Welcome back to The Molesy Message. I hope you all had a great weekend!I am reading two books right now - The Infinite Machine and The Price Of Tomorrow. I want to do a summary of both books so you get a high-level overview of the decentralized world we are heading towards and the money that will underpin it all (hint: our good friend bitcoin). Both both books do an eloquent job of explaining the exponential powers of technology and which kinds of companies are going to dominate in the years to come. Jeff Booth, the author of The Price Of Tomorrow, showed a comparison of the largest companies in 2019 versus in 2009. Apple, Microsoft, and Alphabet, all dominate the market cap compared to the oil and gas companies in 2009. Technology is the dominant force in how society is being built. However, the centralized tech companies that lead today are not guaranteed to lead a decade from now. This newsletter is about bitcoin first, but also about the future of the internet. The entrepreneurs and companies that seek to build the new decentralized internet and bridge the existing infrastructure into the new one, will be the leaders of tomorrow. Our current infrastructure is broken and the new decentralized layer is the solution. Let’s walk through this tweet thread nice and slow from Balaji S. Srinivasan that explains our inevitable future:The decentralization of data helps create better systems for users, platform owners, and society in general. I know this is quite an in-depth analysis, but I feel it is important to get on your radar. When you dive down the rabbit hole of bitcoin and decentralization, you find an optimistic future. I think we all need a little dose of optimism in today’s macro-climate. See you tomorrow, -molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

*(As a little reminder if you don’t want to read the newsletter - you can press the play button above, listen to me on Spotify or iTunes, or subscribe on youtube. I add more commentary in the audio version)*What’s up ya beauties?I made a short film the other day that I think you would enjoy watching. Here is a quote from the film:“We are heading into the 21st century now with a system of money built in the 16th century. And the system of banking and finance built in the early 20th century and both are plagued by politics and fighting and restrictions which are not suitable for the kinds of problems our planet is facing.”The audio used in the film is from a conversation with Peter McCormack and Andreas M. Antonopoulos on why we need bitcoin. I think it is a great starting point for you all to listen to before diving deeper down the rabbit hole. That's all from me today. Watch my film and listen to Peter and Andrea’s full conversation. I have cold ones to drink and hockey to watch. Have a good weekend beauties, -molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

What's up you beauties?I wrote about Square and its profits from Cash App yesterday. I would like to continue to praise and highlight their work once more. Square Crypto frequently provides grants to bitcoin developers who are working on layer 1 or layer 2 of the protocol. These grants are instrumental in bitcoin's journey to become the money of the future - both in security and efficiency.The future is looking bright for Bitcoin and companies/developers working on it. However, bitcoin isn’t just changing money, it is changing identity. Bitcoin is bringing enhanced privacy and more personal freedom.Here is an interesting thought experiment for you - If we are beginning a shift to more remote work, why do companies need to know everything about you?Square Crypto released this tweet yesterday:To which Balaji S. Srinivasan responded:I tend to agree with Balaji and support Square Crypto fully here. Do I think it is good that companies or organizations don’t know everything about you? I am not sure. Technology is neither good nor bad. It is an inevitable change.I told my girlfriend about this scenario and she immediately responded, “that is so impersonal.” She has a good argument. How do you create culture or relationships if someone is doing pseudonymous work?I think a little bit about the change like going to a bar. When you get to the front door, the bouncer asks for your ID to see if you are over 21. Why do they need to see your home address? Why do they need to see your first and last name? Why do they need to see your height and weight?All they need to know is if you are over 21.Yes, yes, yes, I know! What about fake IDs? The bouncer needs to make sure it’s actually you! This is where I need you to think differently about identity and this decentralized, digital revolution that is going on right now.There should be a program, Dapp (decentralized application), that has your identity tied it. This app should know everything about you, and then you decided what you want to share with other people or companies. Since the application is decentralized, then your data is way more secure since there is no central point of failure.ConsenSys explains digital identity as:“A digital identity arises organically from the use of personal information on the web and from the shadow data created by the individual’s actions online. A digital identity may be a pseudonymous profile linked to the device’s IP address, for example, a randomly-generated unique ID. Data points that can help form a digital identity include usernames and passwords, driver’s license number, online purchasing history, date of birth, online search activities, medical history, etc. Biometrics, Behavioral, Biographic are the modals that make up a person’s identity.”This seems like a distant future, but much smarter people (Square Crypto included) are working on this sovereign identity system.So what is self-sovereign identity?“Self-sovereign identity (SSI) is the concept that people and businesses can store their own identity data on their own devices; choosing which pieces of information to share to validators without relying on a central repository of identity data. These identities could be created independent of nation-states, corporations, or global organizations.”Check out the full ConcenSys article here.It is a hard concept to wrap your head around, I know.What is even cooler about this digital identity, is you own your data. If you did want to give out your email address to a company, for example, they would have to pay you for your data. If a company wanted to show ads to you, then you would get paid for it.The power is shifting from top-down to bottom-up control. This is the way society should be run. Individuals taking care of themselves will naturally benefit society. You have heard of the saying, “you have to love yourself before you can love anyone else.” Cheesy, yes! Yet, it is a similar concept.This concept of digital identity is being built today on Bitcoin, Ethereum, and other alt-coins. Of course, I highly recommend only investing in Bitcoin. We are still very early until this technology is scalable. Yet, this isn’t a zero-sum game. These other coins don’t need to fail for Bitcoin to succeed. Bitcoin was the big bang and the reason all these other coins were built.The revolution is being built by Square Crypto and brilliant, unknown developers.Change is happening fast. Don’t be scared.See you tomorrow beauties.-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com

What’s up you beautiesssssss? It looks like the bulls are regaining momentum today in regards to bitcoin.The bulls are on the move again all thanks to the idiocracy of our policymakers and the federal reserve. Low-interest rates, increased inflation, and the devaluation of the dollar has created rocket fuel for gold, silver, stocks, and mother f*****g bitcoin. With inflation, hodlers of the asset win. The common folk who hold the currency, loose. Don’t believe me? Take a look at Cash App’s Q2 numbers. 150%! Now that is rocket-fueled growth. People are starting to catch on that cash is trash and you need to protect yourself. Cash App continues to educate and offer a simple way out of the broken system.The system is this - we have too much debt and according to Ray Dalio:There are four levers that policymakers can pull to bring debt and services levels down to income and cash flows that are required to services them:Austerity - spending lessDebt default/restructuring The central bank printing money or other gauranteesTransfers of money from those who have more than they need to those who have less (much higher taxes for the rich)I think it is pretty obvious that policymakers will always choose to print more money. They want the easy way out. So what do we do with this knowledge? We rage against the machine. This is a game of accumalation. There will only ever be 21 million bitcoins. The more you learn and hold bitcoin, the less you want to sell it. I have always planned to sell bitcoin at some point for USD. However, the more I understand what is happening to our money, the less inclined I feel to sell BTC. I look at the future as how many bitcoins can I accumulate, not how many dollars can I have in my bank account. The shift is coming. Take a look a Cash App’s numbers again. My millennial generation and those younger, are going to look for ways around this boomer system.So let the bull parade and rage against the machine. Be an optimist. Accumulate Bitcoin. 1 BTC = 1 BTCWe are witnessing Rome falling. Yet we can be the ones to help build it back the right way. This is a peaceful protest. The sun will shine again. For now, the bulls are going to parade. Talk to you tomorrow you beauties.-molesyThank you for reading The Molesy Message, a daily letter containing all the information I found interesting in the Bitcoin world over the last 24 hours. Please subscribe if you want more! Tell your friends to sign up if they want to learn more about Bitcoin. If you’d like to set up a one-on-one chat to learn more about Bitcoin, I offer consulting services for an hourly fee. Please feel free to respond to this email. As a reminder, this is not financial advice. Do your own research. Get on the email list at marcusmoles.substack.com