You've heard about Bitcoin. The honest version.

READ2 min · UPDATED2026-04-30

Reviewed against primary sources cited at the bottom of this page.

Not a sales pitch. Not laser eyes. The actual case for Bitcoin, the actual case against it, and what someone who decides it makes sense should do first. Curious is the right place to start; convinced is the wrong place to start.

This page is editorial. The site has a long-term Bitcoin thesis. The framing here tries to give the strongest case against it before the case for it.

THE SHORT VERSION

Bitcoin is volatile, has dropped more than 80% multiple times, and could go to zero. It is also the only money in human history with a fixed supply that no one can change. Both statements are true. The question is whether you have an investment horizon long enough to ride the volatility, and whether the fixed-supply thesis matters to you. This page helps you decide.

Start here

1 · THE STRONGEST OBJECTIONS

The Bitcoin skeptic page

The best way to understand Bitcoin is to read the strongest objections to it first. If those don't update your view, the case for it doesn't need to convince you.

2 · THE FOUNDATION

How money works

The Bitcoin argument rests on a thesis about fiat currency. If that thesis doesn't land, neither does the rest. Read this first.

3 · AFTER YOU DECIDE IT MAKES SENSE

Bitcoin for beginners

What it is, what it isn't, how to buy a small amount, how to think about price drops without panic-selling.

Common questions

Is it too late to buy Bitcoin?

The question that gets asked at every price, forever. The honest answer is: nobody knows. What we know is that the supply is capped at 21 million and adoption is still early by any reasonable metric. Bitcoin skeptic objections →

Is Bitcoin a scam?

Bitcoin the protocol: no. Bitcoin exchanges, promoters, and "crypto" more broadly: full of scams. The distinction matters. Bitcoin scams to avoid →

How much should I put in?

Only what you can afford to watch drop 80% without selling. That is not a metaphor. It has happened multiple times and will likely happen again. Bitcoin allocation framework →

Should I buy Bitcoin or a Bitcoin ETF?

ETF is simpler. Self-custody is more sovereign. The right answer depends on how much you're putting in and how much you care about true ownership. ETF vs self-custody →

What if I'm wrong about all of this?

The whole site is built on the assumption that you might be. The personal-finance content stands alone with zero Bitcoin position. Nothing here requires you to agree.

Last updated 2026-04-30. Not financial advice. Do your own research.

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