One Asset You Understand

One gun, one deck, one asset. On Monday, May 13, 2024, the host of the Mining Disrupt News Surge spent his whole show on a single question: why put your conviction into one thing you understand, instead of spreading your money across a basket?

On the day the episode was recorded, Bitcoin traded at $62,702. On October 26, 2026 it was $80,124.

He began with the network. Blocks were arriving every 9 minutes and 44 seconds after a difficulty drop of about 3 or 4 percent, a dollar bought 1,620 sats, and fees were far below the levels seen right after the halving.

Then came two examples from outside finance. If you hear a bump in the night, he said, you reach for the one firearm you have trained with, not three pistols, a shotgun and a katana. And in Magic: The Gathering, players work out the best deck within a week or two of a new set coming out. There are good investments and bad ones, he said, and finding the good ones is your own job. He was clear that he would not make that choice for anyone, and that anyone hoping for a million dollars by tomorrow should look elsewhere.

He played three clips. Preston Pysh, on the Bitcoin Matrix podcast, traced his view of Bitcoin to a lesson from the academy: nobody is going to carry you through the forest. With self-custody, lose your keys and you have made a donation to everybody. The host put it plainly: if you are not ready to be in control of your money, Bitcoin might not be for you.

David Collum, on the same podcast, argued against diversifying for its own sake. The people who got rich on Microsoft, he said, never sold. If an investment is really good, you should marry it, and a good idea does not turn bad because the price falls.

And Michael Saylor, asked whether he was all in on his chair, answered that people already commit to one pair of glasses, one microphone and one car at a time.

The host closed with a rule for anything, from a job to a relationship to an investment: study it first, put in something like a hundred hours, ask why it cannot be shut down, and keep learning once you are in. Understand what you are getting into, he said, and then get into it.

The full story is on Mining Disrupt at miningdisrupt dot com, and many more like it play around the clock on Bitcoin Radio.