Greetings Bitcoiner,

Welcome to Issue #367 of Bitcoin Breakdown, where every Tuesday and Thursday, we bring you the latest must-read Bitcoin thought leadership articles and the newest tools and projects you should know about.

But first, today’s Top Stories:

• 🏴‍☠️ UK Makes World's Largest Bitcoin Seizure

• 🧠 World's Highest IQ Holder Goes All-In on Bitcoin

• 🚫 Poland's Crypto Crackdown Goes Beyond EU Rules

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Sep 30, 2025

TODAY’S TOP STORIES

🏴‍☠️ UK Makes World's Largest Bitcoin Seizure

Chinese national Zhimin Qian pleaded guilty after UK authorities seized 61,000 BTC worth over $6.7B — the world's largest Bitcoin or crypto seizure ever. Between 2014-2017, she defrauded 128,000 victims in China, fled using false documents, and tried laundering the stolen bitcoin through UK property purchases. Her accomplice Jian Wen was already jailed for six years, with authorities seizing over $300M in bitcoin from her as well. BBC

🧠 World's Highest IQ Holder Goes All-In on Bitcoin

YoungHoon Kim, who holds the world record for highest IQ at 276, has converted all his assets into Bitcoin, calling it 'the only hope for the future economy.' The Grand Master of Memory predicts Bitcoin will grow 100 times over the next decade, reaching over $10M per coin. Kim also sagely forecasts Bitcoin will become the universal reserve asset, surpassing gold and US Treasuries in global importance. The Street

🚫 Poland's Crypto Crackdown Goes Beyond EU Rules

Poland's Parliament approved a controversial cryptocurrency legislation that exceeds EU requirements, sparking industry outrage. The law grants sweeping powers to Poland's Financial Supervision Authority, requiring all Bitcoin and crypto service providers to obtain licenses or face fines up to $2.8M and two years imprisonment. Critics call it a 'real horror' that could bankrupt smaller companies, with major broker XTB already eyeing Cyprus for escape. Atlas21

POLL #367

PREVIOUS POLL RESULTS

OPINION & ANALYSIS

• 028559d218, a pseudonymous Bitcoiner, argues that Bitcoin functions as a digital capital management and distribution system rather than merely currency, comparing it to gold's historical role as a physical energy storage mechanism while positioning Bitcoin as the superior digital alternative for global economic settlement in cyberspace (Sep 29 | 4 min read).

• Itoro Ukpong, a software engineer who transitioned from enterprise development to Bitcoin open-source work, shares his journey through Btrust programs and securing a grant to work full-time on BDK, offering insights for developers interested in contributing to Bitcoin's open-source ecosystem (Sep 29 | 5 min read).

• Michael Shellenberger, author of 'Apocalypse Never', argues that digital ID initiatives pushed by Bill Gates, Oracle's Larry Ellison, and UK Prime Minister Keir Starmer represent a dangerous move toward total surveillance and population control rather than genuine solutions for migration or efficiency (Sep 28 | 10 min read).

• Calle of Cashu argues why transaction fees are the only viable method to prevent spam in Bitcoin without compromising its decentralized properties or requiring centralized authorities (Sep 28 | 6 min read).

• Matt McClintock, Founder & CEO of The Bespoke Group, argues that fears of government bitcoin confiscation are largely unfounded by examining how FDR's 1930s gold orders were specific to a gold-backed monetary system that no longer exists today (Sep 27 | 13 min read).

• Anon bitcoiner explains how Bitcoin Core's open source development process and technical review standards make it the dominant reference implementation that literally defines what Bitcoin is, emphasizing that Bitcoin operates as a technocracy where users ultimately choose which software to run (Sep 26 | 10 min read).

• OpenSats, a Bitcoin open-source funding organization, reports significant progress in ecash infrastructure development, highlighting 9 key projects including Cashu, Fedimint, and various wallets that advance privacy-preserving, Lightning-compatible digital cash systems built on Bitcoin (Sep 26 | 14 min read).

• John Cook, a data privacy expert, explains how Bitcoin's Silent Payments proposal uses elliptic curve cryptography to enable private donations without revealing sender or recipient identities on the public blockchain (Sep 25 | 4 min read).

• Metalhearf, a privacy advocate, analyzes how the EU's Chat Control proposal would force all messaging platforms to scan private messages and images, breaking encryption for 450M Europeans under the guise of child protection while creating unprecedented mass surveillance infrastructure (Sep 25 | 17 min read).

• Giacomo Zucco, Director of Plan B Network, uses an extended airplane metaphor to criticize Bitcoin Core development team dynamics, highlighting developer departures, internal conflicts, controversial decisions, and growing passenger frustration with engineering priorities and leadership changes (Sep 23 | 2 min read).

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TOOLS & PROJECTS

• New on Geyser: Bitcoin Dombo, a Mozambique-based circular economy initiative, empowers youth to start Bitcoin-accepting small businesses through mini-shopping centers, practical education workshops, and community networking to strengthen local economic freedom and financial inclusion.

• New on Geyser: BitFitness drives Bitcoin adoption in Somerset West, South Africa, through education, sports, and fitness activities while building a local circular economy and empowering communities with financial freedom.

• Fight Chat Control is a citizen-led initiative that raises awareness about EU's proposed Chat Control regulation that threatens privacy rights by mandating scanning of all private digital communications including encrypted messages.

• Bitvocation launches Jobtober, a free 21-day Bitcoin career hackathon starting October 1st, helping professionals build reputation and become findable in the Bitcoin job market through daily challenges and networking opportunities.

• Bitcoin Dojo offers structured Rust coding challenges for developers to master Bitcoin development through hands-on exercises covering cryptography, transactions, and blockchain fundamentals step-by-step.

• Bitcoin Club Bulgaria announces BTC Balkans 2025, Southeast Europe's inaugural Bitcoin-only conference bringing together community leaders from six Balkan countries for panels, networking, and cultural exhibitions on October 18-19, 2025 in Sofia, Bulgaria.

• Podstr is an open-source podcast platform merging Podcasting 2.0 with Nostr protocol for sovereign podcasters seeking decentralized content distribution and community ownership.

• Proof of Price tracks Bitcoin prediction accuracy from industry experts and influencers with timestamped verification, offering real-time data visualization and community-sourced forecasts to cut through market noise.

• Fiatjaf, creator of the Nostr protocol, launches Nostr Web Archiver, a browser extension that creates high-fidelity web archives and publishes them to decentralized Blossom servers via Nostr relays.

• Bitdeer Technologies, a Singapore-based mining company, launches its Sealminer A3 mining rigs featuring air and liquid-cooled variants with improved power efficiency.

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