🧠 Bitcoin hits an all-time-high 🚀

Today’s email is brought to you by Yzer - a free and fun Bitcoin education app.

Earn free sats for learning about Bitcoin by installing the Yzer app.

Good morning - Arsen here. ☕

Welcome back to Bitcoin Therapy. The newsletter that keeps you informed AND entertained.

First, happy and relaxing Sunday to 3,608 patients reading today. 👋 

Do you ever wonder what kind of person Satoshi was?

Well, this week, an early Bitcoin contributor released his ENTIRE email history with Satoshi - so you’re in for a treat!

Also, if I insulted your country in this email, please forgive me.

Or don’t. I don’t care.

Alright, here’s what I got for you this week:

  • New Satoshi emails released (spoiler: he was a gangsta)

  • Bitcoin hits an all-time-high 🚀

  • Central bankers get savagely dunked on

Estimated read time: 4 minutes and 15 seconds

Forwarded this email? Sign up here.


For a long time, there was a veil of mystery around the pseudonymous creator of Bitcoin.

Well, this week, an early Bitcoin contributor, Martti Malmi (a fellow Finn, yay 🇫🇮), released his entire email history with Satoshi (120 pages).

He did this as part of the Craig Wright vs. COPA trial (I broke it down here) to prove Craig is not Satoshi.

It’s a treasure trove if you’re fascinated by the early days of Bitcoin (aka if you’re a nerd like me).

Here are my top 7 favorite bits:

  1. Satoshi called gold bugs ‘Neanderthal’

I spat out my water when I read this.

What a gangsta. I’m 100% stealing this insult.

  1. Satoshi believed Bitcoin would use less energy than the legacy banking system

Narrator: he was right.

A 2021 report from Galaxy Digital suggests that Bitcoin uses less than half the energy of legacy banking banking.

Checkmate, banker boys.

  1. In 2009, Satoshi was tired and needed a break

Look, everyone needs a break.

Going to a Chinese all-you-can-eat buffet? You’ll need to take breaks.

Working 9-5 in a moldy cubicle next to your farting coworker Jim? You’ll need to take toilet breaks.

Building a future financial system from scratch? Yes, you’ll also need to take breaks.

Unlike me on my toilet breaks, I’m happy Satoshi returned and continued his tireless work. 🤝

  1. Someone donated $2,000 to Satoshi

He had the donor send it in cash via mail to Martti’s address.

Imagine receiving $2,000 in an envelope… *starts sweating*

  1. Satoshi worked on Bitcoin on Christmas day

Satoshi could have been stuffing his face with gingerbread. But no, he was busy coding the future financial system for YOU to use.


  1. Satoshi removed language that said Bitcoin was "anonymous” from the Bitcoin.org website

He was worried it would make Bitcoin sound shady.

It’s evident Satoshi was always careful not to attract any unwanted attention.

The last time we heard from Satoshi was when Wikileaks drew lots of attention to it by accepting Bitcoin.

  1. Satoshi was British ☕🎩

Not only did he use traditional British expressions like “ought” and “bloody hard,” but he also used British spelling:

  • Realize —> realise

  • Skeptic —> sceptic

  • Labor —> labour

Also, Satoshi NEVER made spelling mistakes and had perfect grammar (sorry for the occasional typo😇).

All in all, he seemed polite and a down-to-earth person.

All these lead me to believe he was a very well-spoken and distinguished British gentleman.

I can’t help but imagine him sipping tea with his pinky finger up while coding up Bitcoin.

I bet he even had decent teeth (for a British person).

Or did he use this spelling to confuse us? Who knows.

Not so hot take: Satoshi’s identity doesn’t matter.

Not only that, you should NOT be trying to find out who he is.

Satoshi used a pseudonym because he WANTED to be private.

Please respect that.

Even if Satoshi is dead, accusing someone of being Satoshi endangers their family because you’re putting a target on their back.

Personally, I hope Satoshi is not dead.

I hope he’s sitting on some beach sipping margaritas with an “I told you so” smirk.

Thank you, Satoshi, wherever you are.


That’s the key to Bitcoin adoption. As you might’ve noticed, education is essential to me. I always try to have a good mix of humor and knowledge.

That’s why I use Yzer - a free and fun Bitcoin education app.

Here’s why you HAVE TO try it out:

  • You earn free sats for completing lessons (free sats = best sats)

  • It’s bite-sized lessons on the go (ain’t nobody got time to read a 4000-word blog post)

  • Perfect for both beginners and advanced learners

I’ve used Yzer for a while now and can 100% vouch for them. You can install Yzer on both Android and iOS.

Use referral code RY6FLD9 to get 50 sats in your Yzer app!

You support me by installing the app ❤️


No, I’m not BS’ing.

Bitcoin has hit an all-time high in 14 countries!

Is this because Bitcoin pumped? Yes, it helped.

But that’s not the main reason. It has more to do with the rapid devaluation of the local currency in these 14 countries.

And these are not some tiny countries no one has ever heard of. These 14 countries make up:

  • ~13% of the world’s population

  • ~7% of the world’s GDP

  • Argentina is leading the scoreboard with a 254% inflation rate. Oof.

That’s crazy. It’s almost as if Bitcoin was designed for this…

And this is only going to accelerate.

Why? Because the world is more connected than ever. Local currencies used to have geographic advantage.

But those times are long gone.

Bitcoin is sucking out value from every fiat currency.

Some die slower than others, but the trend is clear: all fiat currencies are trending to zero.

Just a few more to go.



Sniff, sniff…you smell that?

That’s fear.

That’s fear reeking European Central Bank, who just published another FUD piece on Bitcoin.

The ECB claims that Bitcoin:

  • It has failed to become a decentralized currency

  • Is falling victim to fraud and manipulation

  • It is costly, slow, and inconvenient

All correct. Except they misspelled ‘euro.’

The best part? X community notes immediately fact-checked ECB. 😂

Get rekt, parasites.

But anyway, anyone with 2 brain cells can tell that ECB is lying:

  1. Unlike Bitcoin, the European Central Bank is literally run by a fraud-convicted criminal (hint: it’s our girl Lagarde)

  2. The Euro has lost 99.5% of its value against Bitcoin in the last 10 years (source: one f*cking Google search)

  3. ~97% of all bought Bitcoin are in profit currently

What a weak-sauce FUD.

This whole thing has the same energy as the candle industry arguing against electricity because it’s “dangerous.”

The central bankers and the rest of the rent seekers are afraid.

They’re afraid Europeans will start noticing their money being devalued right under their noses.

Europeans spend increasingly more and more time and energy working (except the French, who never work) just to stay afloat. And you’re stealing it from them by debasing their hard-earned money.

Your time is nigh. Bitcoin will make you obsolete.

P.S.: I’m joking about the French. They do work - when it’s time to riot…


  • Michael Saylor says he will never stop buying Bitcoin. “Bitcoin is the exit strategy”.

  • Craig Wright’s sister says he is Satoshi. Proof? He works in a room full of computers dressed like a ninja.

  • Edward Snowden calls Bitcoin' the most significant monetary advance since the invention of coinage.’ Amen to that.



The first ever Bitcoin logo - created by Satoshi himself 14 years ago.


What'd you think of this week's email?

Brutally honest feedback is appreciated. We read every comment.

Login or Subscribe to participate in polls.


  • BitBox - One of my favorite hardware wallets on the market. Swiss-made, 100% open source, and a pretty cool team. Get 5% off all purchases by using the code ‘BTCTHERAPY’

  • Relai - I’m a big proponent of Bitcoin DCA. I use Relai (I also work there). If you’re in Europe, use my code BAGGINS for 0.5% lower fees.

  • Satsback - Earn Bitcoin on your online purchases. Just install their extension, and it will tell you every time you can earn free sats.

  • CryptoCloaks - These guys have all the cool sh*t you need want. They make 3D-printed cases for your hardware wallet and node, merch, and stickers. Anything you want - CryptoCloaks got them.

  • Start9 - Now, if you want to be self-sovereign and use Bitcoin correctly, you MUST run a Bitcoin node. Start9 is my go-to recommendation for users of all levels. Use the code BTCTHERAPY for 9% off your Bitcoin node.

  • Konsensus Network - The best way to orangepill your fam? Bitcoin Books! Konsensus Network has the best selection of iconic Bitcoin classics (in multiple languages, too). Get 10% off your books by clicking my link.

*These are affiliate links, which means I earn a few sats when you buy from them. I personally use or have used all of these tools

That’s it for this one—big thanks to Yzer who allow us to write Bitcoin Therapy. You support us by supporting them ❤️

If you like what you read, please reply to this to this email (it helps with email deliverability). And if you don’t, you can unsubscribe below.

See you next Sunday,

Bitcoin Therapy Team

P.S.: Want to sponsor Bitcoin Therapy? Just reply to this email and let me know :)

PSS: Enjoy the newsletter? Please forward it to a bitcoiner. It only takes 5 seconds. Writing it takes me 10

Join the conversation

or to participate.