What I Believe
Five working principles. Not a manifesto carved in stone—an operating system tested through markets, companies, and cycles.
Five convictions
Evidence over slogansDiscipline compounds longer than narratives last.
Markets reward patience unevenly. The durable edge is a process that survives both euphoria and drawdown.
Bitcoin is a monetary system, not only a trade.
Price is the loudest signal, but monetary credibility is the deeper product.
Open financial infrastructure outlives closed distribution.
Permissionless rails turn access into a primitive, not a business favour.
Confidentiality is required for serious AI adoption.
Institutions cannot place their most valuable data and decisions inside systems they cannot control.
Infrastructure and incentives matter more than interfaces.
Beautiful surfaces can accelerate adoption. They cannot repair broken coordination underneath.