What Bitcoin Did

“5 to 10% is going to cause immense damage. When cash flows stop at the margin, everything collapses because of leverage.”
— Nik Bhatia

#2

MAR 20, 2026Danny Knowles

5 Years In Prison For Building A Bitcoin Wallet | Lauren Rodriguez

SIGN THE PETITIONDEFEND PRIVACYWATCH FED OVERREACHSUPPORT OPEN SOURCE

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Non-custodial code is being treated as a crime - Despite FinCEN guidance stating non-custodial wallets are not money transmitters, the DOJ targeted Samourai founders for unlicensed money transmission and laundering conspiracy.
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The prosecution allegedly suppressed exonerating evidence - Prosecutors reportedly buried a FinCEN memo that cleared Samourai of being a money service business, a move the defense characterizes as a significant Brady violation.
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The judicial process forced a tactical plea deal - Facing a hostile judge swap and the threat of a 25-year sentence, the founders chose five-year plea deals as a survival tactic rather than risking a trial in a compromised environment.

#1

MAR 18, 2026Danny Knowles

MONITOR OILBUY $BTCWATCH STABLECOINSSHORT VOLATILITY

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Fragile leverage and cash flow shocks - Even a 5-10% disruption in cash flows can trigger systemic collapse because the global economy is over-leveraged against volatile inputs like $100 oil.
“5 to 10% is going to cause immense damage. When cash flows stop at the margin, everything collapses because of leverage.”
— Nik Bhatia
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Stablecoins as the new dollar frontier - The Genius Act could formally integrate stablecoins into the global financial architecture, cementing US Treasuries as the world's primary collateral.
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The end of the four-year cycle - Bitcoin's increasing decoupling from historical halving patterns suggests it is maturing into a macro asset driven more by global liquidity than internal mechanics.
“5 to 10% is going to cause immense damage. When cash flows stop at the margin, everything collapses because of leverage.”
— Nik Bhatia

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