The Sovereign Individual is the most important book I have read in a while. I love it so much. Here are some thoughts after 8 chapters: Only ~750,000 people own 1 BTC. Only ~110,000 people own 10 BTC. Only ~9,750 people own 100 BTC. This will be the new world elite. I believe that BTC Treasury Companies have the chance to becoming true digital native cybercorporations as envisioned in the book. Some may even become Bitcoin-native DAOs. They will move their incorporation and cold storage to wherever they will be treated the best. They will build digital native, global businesses, built 100% on-chain. I believe that Bitcoiners will start inhabiting enclaves and islands, and declare digital and physical independence. The old system will increasingly be demonetized, and the Bitcoin economy will gain exponential economic and societal power. This likely will take many decades to fully play out. But I‘m here for it. Ragnar will be a Sovereign Individual. 🫡 @ChrisMMillas @ZynxBTC @btcjvs @RichardByworth @adam3us

The Social Security trust fund is expected to run out of cash in eight years, per NPR.