

The State of Bitcoin Adoption | Troy Cross & Ella Hough
4 snips Aug 5, 2025
Troy Cross, a researcher with the Nakamoto Project, and Ella Hough, co-founder of the Bitcoin Students Network, dive deep into Bitcoin adoption trends worldwide. They unveil unique insights about Gen Z's views on Bitcoin and the surprising statistics surrounding self-custody. The conversation challenges myths about Bitcoin’s political alignment and highlights its potential as a universal language of truth. Furthermore, they discuss the significant role of young bitcoiners in shaping future political landscapes and the importance of financial education.
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Bitcoin as Language of Truth
- Bitcoin enables trust and truth communication across time, culture, and geography without intermediaries.
- It offers a new consensus mechanism without rulers, shifting traditional power structures.
Ella's Groundbreaking Bitcoin Thesis
- Ella Hough wrote a 350-page senior thesis arguing Bitcoin is a language uniquely oriented towards truth.
- Troy Cross appreciated her extraordinary work ethic and the thesis's original insights on Bitcoin's truth-related nature.
Bitcoin Ownership Reflects America
- Bitcoin ownership in the U.S. is widespread, mirroring the general population but skewing younger and male.
- Political alignment of owners is centered, with both far-left and far-right slightly overrepresented.