Latest writing
The Receipt and the Coin
ETFs bled $2.35 billion in six days and headlines called it institutions losing faith in Bitcoin. Look closer: the receipts wobbled, the coins got bought.
July 2, 2026
Stephan Zimmermann
I help people understand Bitcoin decisions before they make them.
This is my home on the internet. I publish openly here and on the podcast so that when someone needs a real conversation about Bitcoin, they already have a sense of how I think.
Most people I work with arrive with a specific question they want to understand clearly: a first serious look at Bitcoin, a custody question, an inheritance planning question, or a business education question. We sit down for an hour, work through it together in plain language, and you leave with a clearer framework and a short written summary.
You bring the messy version of the question. I help you understand the tradeoffs in writing.
I'll tell you honestly if I'm not the right person for your question, and refund the session before we meet. That's the deal.
I work most of this out in public.
Most of what earns trust here is free. Short carousels on Instagram, the writing, the podcast. About 18,500 people follow along across Instagram, TikTok, X, YouTube, and Substack; the carousels alone reach hundreds of thousands more each month.
What I've been writing and recording.
Latest episode
6 Principles for Reading Any Market Crash
Every market crash looks like chaos until you have a framework. This week handed us a perfect case study: gold, Bitcoin, and the AI stocks all fell together, and the one thing going up was the dollar, the very thing you hold gold and Bitcoin to escape.That looks like proof the hard-money trade failed. It's the opposite. In this episode I lay out six simple principles for reading any crash, using this week as the example, so the next time everything falls at once you'll know exactly what it's telling you.The big idea: a week like this is a verdict on the dollar, not on the assets. We cover what "the dollar went up" actually means (it comes down to interest rates), why the most liquid hedge falls hardest without being the most broken, what Strategy selling 32 of its 840,000 coins really says about leverage, and why a week where cash wins says nothing about who wins the decade.This is educational content only, not financial advice.
June 26, 2026·00:20:12
If you're starting from zero, start with the guides.
What Is Bitcoin? A Complete Beginner's Guide for 2026
Everything you need to know about Bitcoin explained in plain English, from what it is and how it works to how to actually buy your first sats.
10 min read
How to Buy Bitcoin: A Step-by-Step Guide for 2026
A practical, no-nonsense guide to buying your first bitcoin. From choosing an exchange to making your first purchase and setting up DCA.
13 min read
Bitcoin Self-Custody: The Complete Guide to Holding Your Own Keys
Not your keys, not your coins. Learn how to take full control of your bitcoin with hardware wallets, seed phrase security, and proper backup strategies.
17 min read
Gresham's Law: Why Bad Money Drives Out Good
One of the oldest observations in monetary economics explains why silver coins vanished from American pockets in the 1960s, why Venezuelans hoard dollars, and why Bitcoin's fixed supply matters more than most people realize.
15 min read
If you have a Bitcoin question you keep circling, that's usually a good sign it's worth one focused conversation. If you're not there yet, the writing and the podcast are the slower way in. Subscribe below and I'll send the next piece when it's ready.
Bitcoin notes from my desk, when there's something worth saying.