This is my conversion story. A journey of escape from the BTC ecosystem — increasingly unrecognizable every day — which I managed to leave thanks to the involuntary work of the subject mentioned above. Let me explain.

Matthew Kratter runs “Bitcoin University” on YouTube. He regularly flexes his Stanford and Berkeley credentials and his connection to Peter Thiel — as some sort of muscle flex to grant himself elite status. That tells you everything about his framework: authority over reason. A textbook Number Go Up-closet-case.

His YouTube video from October 31, 2026, titled 'Adding Use Cases Is Bad For Bitcoin NGU', isn't just a masterpiece of irony; it's definitive proof that the market already knows the truth about Monero.

For context: I was a Bitcoiner who consumed his content because I knew something was wrong with BTC and I needed to keep an eye on it. The absurd fees. The unacceptable congestion. The impossibility of using “sound money” as actual money. The NFT scams disguised as art that denaturalize the financial ethos of the protocol.

But 2025 was the breaking point. I watched Kratter literally beg Bitcoin Core devs not to activate the v30 update (the video is still online). And as Nick Szabo was sounding every alarm, Gloria Zhao and her squad dismantled BTC’s core fundamentals — all while publicly insulting the “plebs” who dared to push back.

That was it for me.

I wasn’t going to drown with them. While Kratter kept preaching in his ‘Bitcoin University’, I was already researching my first swaps on Cake Wallet. Then the rot on BTC was so evident that I made a decision: die with my boots on. If my capital was going to zero, it would be with a protocol that actually respects its economic fundamentals.

By September I was ready.

October 2025 → staggered swaps begin. 70% XMR, 20% BTC held back.
November 2025 → 100% of my Bitcoin swapped to Monero.

I have no more BTC. My only regret is not doing it sooner!

Let me be precise about what happened next — because this is where the NGU crowd will try to misread me.

I didn’t win because I speculated correctly. The market validated the fundamentals. A protocol that respects monetary principles, enables real-world spending, and preserves anonymity is supposed to outperform one that abandoned all three.

The gains are the market’s verdict, not a coincidence.

He handed his own audience the evidence. Look at the numbers: XMR +78%. Gold +16%. BTC -20%.

The mainstream media, the regulators, and the entire crypto establishment tried to kill Monero. They delisted it. They banned it.

And yet, the most persecuted coin in existence just humiliated both the boomer rock and the institutional spamcoin. The so-called "digital gold" lost to actual gold.

It is clear to me now: we don't need Wall Street. We don't need ETFs. We just need a protocol that actually works.

And instead of acknowledging what his own chart reveals, he pivoted to promoting a scam token called XBT to his audience. In his own words, he admits it: “very high risk, very high reward” — expecting purchasing power to “easily 100x or 1,000x.”

Professor, that’s not protecting monetary fundamentals: That’s Number Go Up mentality with a new ticker. Draw your own conclusions about who he’s actually serving.

I have identified that NGU mentality only leads systems toward greed and demise, which is exactly the case with BTC. It turns a monetary protocol into a speculative vehicle and then wonders why nobody uses it to buy anything.

To me, BTC is now just a CBDC in beta. I'm beginning to believe the market is starting to notice.

I have a deeply ingrained rule: never buy near an ATH... Today I broke it.

Today I bought Monero — because the defeat of NGU against the supremacy of intact fundamentals deserves a celebratory gesture. You set out to defend Bitcoin and ended up documenting its dismantlement in real time — while inadvertently making the case for everything Monero stands for.

This purchase, I sincerely mean it, is a toast to your legacy, Professor Kratter.