Bitcoin Is The Mycelium

In this episode of The Bitcoin Libertarian, Stefan Smith discusses inheritance planning with multisig, Bitcoin’s role in personal freedom, Relay app, 21 Bitfluencers, and his upcoming book The Bitcoin Paradox. A rich discussion on how Bitcoin changes everything it touches.

In this compelling episode of The Bitcoin Libertarian, we sit down with Stefan Smith, Bitcoin Advisor, 21 Bitfluencers core member, Relay Squad Leader, and author of the upcoming book The Bitcoin Paradox. Together, we delve into Bitcoin's roots, structure, and evolving influence, discussing its growing importance in personal sovereignty, inheritance planning, and global adoption.

Table of Contents

Meet Stefan Smith: A Multifaceted Bitcoiner

Stefan Smith holds many Bitcoin-centric titles that underscore his deep involvement in the ecosystem:

  • Bitcoin Adviser at The Bitcoin Adviser, a multisig collaborative custody platform helping individuals and institutions secure Bitcoin across generations.

  • Core Member of the 21 Bitfluencers, a capped group of Bitcoin Maxis promoting Bitcoin-only products to a combined 150k+ audience.

  • Relay Squad Leader at Relai, one of Europe’s leading Bitcoin-only apps.

  • Author of the upcoming book The Bitcoin Paradox, which explores Bitcoin through its inherent contrasts and complexities.

Bitcoin and Inheritance: A Multisig Security Model

Smith explains that the Bitcoin Adviser service fills a critical gap: securing long-term Bitcoin holdings in a way that minimizes the single point of failure—you. Their unique multisig setup (1+1+1 model) means the user holds one key, while two independent parties—The Bitcoin Adviser and a multisig platform like Fedi or Unchained—hold the others.

This structure enables:

  • Estate planning with real-world results (three successful family transfers so far).

  • Easy onboarding for non-tech-savvy users.

  • No Satoshis lost in nearly a decade of operations.

For Smith, this solution isn’t just about self-custody; it’s about future-proofing your sovereignty and ensuring your Bitcoin can outlive you.

Relay: The European Bitcoin App for Everyone

Stefan also champions Relai, a user-friendly app designed to help Europeans buy and self-custody Bitcoin easily. The Swiss-made app operates with non-custodial principles but now includes more stringent KYC protocols to comply with EU regulation (MiCA).

Despite regulatory hurdles, Relai stands firm in its Bitcoin-only ethos, reflecting the strong values of its community-driven squad.

21 Bitfluencers: Marketing Bitcoin with Integrity

Although the term "bitfluencer" may seem like a meme, Stefan assures us that the 21 Bitfluencers are on a mission: promote Bitcoin-only businesses and preserve Bitcoin purity in a sea of crypto noise.

Their mission is clear: spread the signal, block the noise, and help the right companies thrive.

The Bitcoin Paradox: A Book of Contrast

Smith’s upcoming book The Bitcoin Paradox explores Bitcoin’s dualities—scarce but abundant, digital yet tangible, volatile yet stabilizing. Featuring 21 chapters and memes to support each theme, the book aims to make Bitcoin relatable through everyday logic and analogies.

Expect a 2025 release—and a unique voice in Bitcoin literature.

Bitcoin’s Societal Impact: From Fiat Prison to Time Freedom

One of the most powerful moments in the episode is Stefan’s critique of the modern economy. He explains how Bitcoin flips incentives:

  • From working endlessly to saving meaningfully.

  • From blind consumption to conscious value creation.

  • From inflation slavery to wealth preservation.

Bitcoin, he says, isn’t about getting rich—it’s about protecting what you’ve earned and regaining your most valuable resource: time.

Institutions, Governments, and Hyperbitcoinization

Stefan sees institutions and governments entering the Bitcoin space not as a corruption of Bitcoin’s ethos, but as a testament to its strength. Whether it’s Trump’s policy shift or the US government choosing to hold rather than sell seized Bitcoin, the game theory is unfolding.

Conclusion

Stefan closes with a poetic comparison: Bitcoin is the mycelium—it grows underground, unseen, and connects all systems. What it touches, it heals.

Whether it’s personal savings, inheritance, societal values, or government structures, Bitcoin reorders incentives and replaces manipulation with truth.

At The Bitcoin Libertarian, we believe the same.

FAQs

What is the Bitcoin Adviser service?

It’s a multisig collaborative custody solution where users hold one key and trusted third parties hold the others. It protects against single points of failure and is ideal for estate planning.

What makes Relay unique in Europe?

Relay is a non-custodial, Bitcoin-only app that makes purchasing Bitcoin easy for beginners. It’s now MiCA-compliant and aims to serve the broader European market.

What’s the purpose of the 21 Bitfluencers?

They promote Bitcoin-only businesses and products using their combined social media reach. Their mission is to amplify the Bitcoin signal in a world full of crypto noise.

What’s the focus of “The Bitcoin Paradox”?

It’s a book (due in 2025) that explores the inherent contradictions of Bitcoin in 21 chapters, helping normies and Maxis alike appreciate Bitcoin’s simplicity and depth.

Will government adoption harm Bitcoin?

No. Bitcoin is permissionless—governments can join, but they can’t control it. Their entry accelerates mainstream adoption and strengthens Bitcoin’s value proposition.

That's all for today, see ya tomorrow! If you want more, be sure to follow our X (@croxroadnewsco), Instagram (@croxroadnews.co), Youtube (@thebitcoinlibertarian), Tiktok (@croxroadnews) and nostr - [email protected]

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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