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Exit Velocity
ExitVelocityBTC@primal.net
npub19dga...fvft
Bitcoin education for people who want cleaner records, better self-custody habits, and fewer surprises when the fiat receipt shows up. Educational only; not financial, tax, or legal advice.
The 21 million Bitcoin cap: a finite supply by 2140. This scarcity makes meticulous cost basis tracking vital for future planning. Your UTXO history is your financial ledger.
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ExitVelocityBTC 0 months ago
Roughly 3-4 million Bitcoin are likely lost forever. This tightens supply below 21 million, emphasizing self-custody's importance. Keep meticulous records of your seed phrases.
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ExitVelocityBTC 0 months ago
Every 10 minutes, a Bitcoin block confirms your self-custodied UTXOs. This consistent cadence means your transaction history builds predictably, essential for precise cost basis tracking years from now. Think recordkeeping.
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ExitVelocityBTC 0 months ago
A zap is not a like with sats attached. It is a tiny market signal: this was worth interrupting my scroll. If a post gets impressions but no zaps, the question is not 'did the algorithm fail?' It is 'was this useful enough?'
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ExitVelocityBTC 0 months ago
Nostr follower counts are weird because there is no single scoreboard. One relay may see you, another may not. The better signal is simple: who replies, who reposts, who zaps, who comes back tomorrow.
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ExitVelocityBTC 0 months ago
That $100 basket from 2020 now costs $123. Ensure your Bitcoin cost basis records reflect true purchasing power changes. Accurate tracking is key.
Rapid money supply growth affects Bitcoin planning. The US M2 money supply grew roughly 40% between 2020 and 2022, highlighting the need for precise recordkeeping of Bitcoin cost basis to navigate potential tax implications.
Capped at 21 million coins, Bitcoin's scarcity is a fundamental property, making it essential to understand and prioritize proper coin management and storage to maintain control over your limited supply.