This week’s Beaver Bulletin is brought to you by Shravan Jhangiani. Before becoming a Bitcoin Evangelist, Shravan spent 14 years at Google. He lives in Toronto with his wife.
The face of a man about to explain Bitcoin, again.
TORONTO, ON (Aug 6 2025)—Watch this really funny compilation video of Michael Saylor. The interviewer asks him a question about Bitcoin, and before answering, he lets out a long, heavy sigh.
It’s not quite annoyance. It’s the sound of a man who’s seen the truth, explained it over a thousand times, and is about to do it again, because he knows most people still don’t get it.
I’ve barely spoken about Bitcoin compared to Saylor, and yet, I know that sigh.
Because once you understand Bitcoin, it becomes painfully obvious. You see the world differently. You see how broken the system is. You see the trap everyone’s stuck in. And you see that Bitcoin is the solution.
But when you try to explain it to people and they just stare blankly back… That sigh comes out of you, too. So instead of repeating myself for the rest of my life, and because my wife recently said that I was rude to our friends when they didn’t understand, I’m writing this blog.
This is my best crack at explaining why Bitcoin matters.
Why does Bitcoin change your life?
Why does Bitcoin fix your finances?
Why does Bitcoin give you freedom?
Why is Bitcoin the apex asset of our time?
Our Money is Broken
Most people think money works. They think their bank account is safe. They think dollars represent value. They think the rules are fair, the system stable, the people in charge competent. This is wrong. This is not reality.
Our money is broken.
In 1971, money was unanchored from reality. The US dollar was unpegged from gold, and every major currency followed.
Overnight, money became a tool politicians and central bankers could manipulate at will.
Since then, the US dollar has lost over 85% of its purchasing power, median U.S. home prices have risen 4,000%, college tuition 2,800%, and healthcare 2,300% (U.S. Bureau of Labor Statistics).
This isn’t just history. It’s still happening today:
Turkey: Savings were wiped out as the lira collapsed.
Venezuela: Hyperinflation has rendered the bolívar worthless.
Argentina: 276% inflation. People rush to buy anything tangible before their pesos melt.
Money was supposed to store the value of our time and work. Now it bleeds out value like water in a cracked bucket.
The fiat system is structurally designed to erode our purchasing power over time.
Bitcoin is a New Form of Money
In 2009, Satoshi Nakamoto published the Bitcoin Whitepaper: “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Bitcoin is a solution to the double-spending problem. This is when someone tries to spend the same digital money twice.
Satoshi solved it by creating Bitcoin’s blockchain: a decentralized, proof-of-work ledger where the network agrees on a single history of transactions, making double-spends impossible.
Bitcoin is not a stock. It’s not a company. It’s not an “investment.” It has no CEO. No earnings call.
Bitcoin is a new form of money outside the control of governments, banks, and Wall Street.
Written in code: 21 million Bitcoin is the max possible supply. This fixed limit is enforced by a decentralized network no one can corrupt.
When Cyprus froze bank accounts in 2013 and seized depositors’ funds, savers had no defense. Bitcoin changes that.
When you self-custody your bitcoin, no one can touch your money.
Bitcoin is money rooted in physics and math, not the whims of politicians.
Bitcoin changes everything.
Bitcoin Solves the Store-of-Value Problem
Jesse Myers built this great visual that has been borrowed by many Bitcoiners, including Michael Saylor, who has used it in his own presentations.
The graphic shows you that the Total Assets in the world owned by humans amount to around $1000T USD. About half of that (~$500T USD) is parked in store-of-value assets like real estate, gold, and bonds.
Bitcoin is just $2T (0.2% penetration). Matching gold’s $20T would mean ~$1M USD (($1.38M CAD) per Bitcoin. That’s a 10X from here just to catch up, before considering digital’s tendency to outperform analog.
This is the largest TAM (Total Addressable Market) of any technology or asset class in human history. When people say “Bitcoin has no utility, it’s just a store of value”. I say, that is an extremely important & necessary utility Bitcoin is providing.
Historically, the evolution of something as money has three stages:
A. Store of Value (current stage) – characterized by accumulation and hoarding.
B. Medium of Exchange – Once everyone owns and values the thing, it becomes widely accepted as the dominant medium of exchange.
C. Unit of Account – Prices around the world become denominated in the new money, including commodities like oil.
At Beaver we believe that once Bitcoin is above Gold’s market cap people will start seriously using Bitcoin as a medium of exchange. Until then, we are still in the store-of-value stage and Bitcoin can still 10X from current prices before overtaking gold.
The battle for money tends to be winner-take-all. And according to the well-established properties of money, Bitcoin is the best form of money we’ve ever seen.
Bitcoin Gives You Freedom
When you hold Bitcoin in self-custody, you hold absolute control. No bank can freeze your self-custodial wallet.
Ask the Canadians whose bank accounts were frozen during peaceful protests. Ask Russians who had foreign accounts seized after sanctions. Ask people in Nigeria who face withdrawal limits when the state panics.
With Bitcoin, your wealth becomes personal sovereignty secured by cryptography, carried across borders in your mind if you need to.
Bitcoin provides a peaceful mechanism to secure your freedom.
Bitcoin is freedom.
Bitcoin Solves Every Financial Problem You Have
Inflation eating your savings? Bitcoin is capped at 21 million. No one can print more.
Banks bleeding you with fees? With Bitcoin, you are the bank.
Markets rigged for insiders? Bitcoin runs on transparent rules – no bailouts, no hidden levers.
Wealth gap widening? Bitcoin levels the playing field. Billionaires or students, everyone uses the same protocol.
When Lebanese banks collapsed in 2019, people who trusted the system lost everything. Bitcoin holders didn’t.
“Bitcoin fixes this,” isn’t just a meme. It’s a meme because it’s the truth.
Bitcoin fixes the root problem: broken money.
Fix the money, and everything else begins to heal.
Bitcoin is the Apex Asset
Fiat assets like stocks, bonds, and real estate rely on fragile trust.
Trust in governments, in corporations, in courts and regulators who can change the rules at any time.
Bitcoin doesn’t rely on trust. It runs on truth.
It’s harder than gold because no one can mine more of it. It’s faster than cash because you can move billions globally in minutes with no intermediary. It’s stronger than property because no one can confiscate and it can’t be destroyed.
When China banned Bitcoin in 2021, over 50% of the network’s computing power relocated across continents in months. The network’s uptime remained 100%. No government, corporation, or coalition has ever been able to shut it down.
This is unprecedented resilience for an asset.
Adoption is Inevitable
People think they’ve missed the boat. They see the current price and assume they’re late. They’re not. We are still early.
Out of eight billion people, only a small fraction truly own Bitcoin in self-custody. Most governments, institutions, and corporations haven’t even started stacking.
Every cycle, Bitcoin climbs a new wall of disbelief.
In 2013, they said it was a fad. In 2017, they said it was a bubble. In 2021, they said it was tulips. And yet, Fidelity, BlackRock, sovereign wealth funds, and even central banks are now entering the network.
The tide is turning. The adoption curve is set. You can fight it. You can ignore it.
Or you can see what is happening and get onboard.
Why It Feels Obvious Once You Get It
Compared to the fiat system, Bitcoin is simple.
The fiat system we live in today is built on lies we’ve been taught since childhood. We’re told inflation is normal. We’re told banks are safe. We’re told investing is about chasing returns just to keep up with money that’s constantly losing value. Just hire an advisor, they said.
When you finally see through it, the realization hits hard:
Inflation isn’t natural. It’s theft.
Banks aren’t safe.
No matter what your profession is you have to be a part time investor just to keep up with inflation.
You can’t just simply save your money in the Fiat world. You have to put it back into the system. You have to continually feed the beast.
When that clicks, you feel like you’ve been blind your whole life.
That’s when the Saylor sigh makes sense.
You Don’t Need Permission
Here’s the beauty of Bitcoin: you don’t need to wait for anyone to understand.
You don’t need a government to approve it. You don’t need a bank to allow it. You don’t need your friends, your boss, or your neighbour to agree with you.
You can just opt out. Quietly. Silently. Sovereignly.
When war broke out in Ukraine, people fled with nothing but the clothes on their backs. Some carried their entire wealth in their heads just by memorizing 12 words. 12 words they could use to a access their bitcoin anywhere in the world, once they were safe.
That’s what opting out looks like.
That’s what freedom feels like.
It’s Just Math
21 Million Coins. 8 Billion Humans. Unlimited Fiat Money Printing. Bitcoin isn’t magic internet money. It’s not a trade. It’s not a lottery ticket. It’s the most important tool for freedom and financial truth humanity has ever invented.
When you understand that, you’ll sigh like Saylor too because you’ll see how obvious it all is. How fixable it all is. And you’ll realize it doesn’t matter how many people are still asleep.
Bitcoin doesn’t need their belief. It doesn’t need permission. It just works. And it’s going to fix everything.
Beaver is here to support you.
Whether you’re an individual or operate a small to medium sized business, Beaver is a Bitcoin company for Canadians who want to add Bitcoin to their personal holdings or business balance sheet the right way.
- Beaver is Bitcoin-only: We believe Bitcoin is among the most important innovations of our time. There’s too much at stake for distractions and we firmly believe all “altcoins” will trend to zero against bitcoin.
- Beaver is compliant: Beaver is a registered MSB and regulated under FINTRAC. As a non-custodial Bitcoin exchange Beaver is able to offer a streamlined onboarding experience.
- Our team is experienced: We’ll help your business design a responsible Bitcoin treasury plan that aligns with your goals, cash flow, and risk tolerance.
- We are Bitcoiners: We’ll walk you through a simple Bitcoin wallet setup or multi-sig cold storage, depending on your needs.
- We have the tools: Beaver offers instant buys up to $20,000 via etransfer and buys up to $100K via bill payment or wire. For buying more than $100K there’s our OTC service, Beaver Plaid.
- We care about doing things the right way: Most importantly, we’ll ensure you actually own your bitcoin. No third-party custodial risk, no IOUs. Just bitcoin in a wallet only you control.
If you have questions or to get started, schedule a call with us today.
If you’re new to Beaver, create an account and complete your first bitcoin purchase within minutes.
Stay humble,
Shravan
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