Milestone Letter
Seventy days.
Ten weeks ago, the first email arrived in your inbox talking about a feeling at the checkout. Something slightly off. A number that didn’t quite add up.
Look at how far that thread has been pulled.
You now understand the full picture of how modern money works — not the version schools teach, but the real mechanics. The inflation mechanism. The 1971 moment. The Cantillon Effect. The 2008 logic. You understand why the system behaves the way it does, and who it benefits.
You now understand Bitcoin — what it is, where it came from, why it was built the way it was. The 21 million cap. Decentralization. Why Satoshi disappeared. Why the Genesis Block headline was a statement. Why the old objections don’t hold up.
And now you’re in Phase 3. The practical phase. How to actually engage with Bitcoin if you choose to — wallets, security, the day-to-day reality of holding it.
This is where a lot of people in the Bitcoin world started their journey. By the end of this phase, you’ll understand more about how to actually use Bitcoin than the majority of people who own it.
That gap — between owning something and understanding it — matters more than most people realise.
See you tomorrow. We’re just getting to the good part.
— The Daily Bit
Part of The Daily Bit — 365 days to understanding Bitcoin.
