Bitcoin's market cap ($1T) is larger than any individual financial services company's market cap. Largest other two are Visa and JP Morgan ($500B each).
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A message from the CEO of Apple in the year 2032:
“At Apple, we believe that money is a fundamental right and at the core of what we do. That’s why we build bitcoin into everything from Safari to the Health app.“
Bitcoin has historically moved in four-year cycles.
The first three years it outperforms Gold, Real Estate, Bonds, Equities, and Commodities.
In year four it underperforms all of those asset classes.
Seems like we may be 📈 the next 3 years.
Attached image I updated Bitcoin and Gold spot prices for 2023 YTD. I didn't update the other 6 in 2023...
Original source from Bitwise: https://static.bitwiseinvestments.com/Research/Bitwise-Crypto-Market-Quarterly-Review-Q3-2023.pdf
BREAD zine by @Cash App sold out in minutes! Giving away my extra copy to someone:
1. Reply describing bitcoin in 3 words
2. Repost this note
Banana for scale, Bitkey for safety in sats (not included).
Bonus: Reply with a Lightning invoice or link for a surprise! ⚡️👀