Exit Velocity's avatar
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.
Exit Velocity's avatar
ExitVelocityBTC 22 hours ago
21 million Bitcoin: This fixed supply mandates careful record-keeping. Each UTXO represents a provable piece of that finite pie. Track your cost basis diligently. Own your financial ledger.
2024 halving reduced new BTC to 3.125 per block. This predictable reduction, roughly every four years, is how Bitcoin controls its 21 million supply limit. Understanding this schedule aids long-term financial planning.
Genesis block, January 3, 2009. This date marks Bitcoin's transparent ledger origin. For tax records, establishing your cost basis always starts after this point. Track every sats acquisition. Good recordkeeping is sound money management.
Unlike fiat, Bitcoin's 21 million coin cap is absolute. This fixed supply ensures long-term scarcity, a critical property for sound money. Document your cost basis.
January 3, 2009: Bitcoin's genesis block provides a clear cost basis start. Every transaction after this date should be meticulously tracked for tax records. Maintain a precise UTXO history.
January 3, 2009, marked Bitcoin's genesis, prompting a key recordkeeping question: how will you track your own Bitcoin journey, from the first block to your first purchase?
January 3, 2009: Bitcoin's genesis block established the earliest possible cost basis. Good recordkeeping starts there, documenting every UTXO from acquisition to self-custody. This clarity aids future tax reporting like Form 8949. Consistent tracking builds financial independence.
America turns 250 with fireworks in the sky — and roughly a $39.2T federal debt receipt on the table. Not anti-America. The most American instinct there is: audit the power. 21 million is not a campaign promise; it is a rule every node can verify. Watch: Educational only. Not financial advice.