True North(@TNorth):Brian Harrington says Bitcoin $BTC is starting to replace the S&P 500 as the benchmark for growth. The index has too much dead weight, while AI is making the gap between strong and weak companies even wider. For a company to earn investor capital, the choice becomes simpler: grow faster than the benchmark or return cash through dividends. “Bitcoin is becoming the new standard growth index of the world.”

True North

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True North is a team of investors and analysts exploring the outer edges of Bitcoin, digital credit, finance and macro economics.

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True North@TNorth

2026.09.14 13:00

Brian Harrington says Bitcoin $BTC is starting to replace the S&P 500 as the benchmark for growth. The index has too much dead weight, while AI is making the gap between strong and weak companies even wider. For a company to earn investor capital, the choice becomes simpler: grow faster than the benchmark or return cash through dividends. “Bitcoin is becoming the new standard growth index of the world.” - @BrainHarrington