GigaBTC πŸŒ½βš‘οΈπŸ”‘'s avatar
GigaBTC πŸŒ½βš‘οΈπŸ”‘
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#Bitcoin Miner. Sovereign Individual. Follow the white rabbit. Keep Nostr Weird.
Trump Tariffs: β€œTrump announced his reciprocal import tariffs on April 2, 2025 which sent tremors across global markets. The S&P 500 lost more than $5 trillion, its largest drop on record, surpassing the pandemic-induced crash in March 2020, according to Reuters.” Covid Crash / Bitcoin: β€œBeginning March 12, 2020 at $7,960, BTC/USD finished at $4,830, going on to bottom at $3,860 the following day, according to data from Cointelegraph Markets Pro and TradingView.” I bought and mined Bitcoin in March 2020 and I bought and mined Bitcoin in April 2025. You know what was different? Nothing, because 1 sat is still worth 1 sat. The only thing that has changed is that people who price Bitcoin in dollars didn’t freak out this time. If you are new to all of this; there is a lesson here.
Bitcoin is falling in USD terms because of β€œuncertainty”. Meanwhile, we’re all over here building the future everyone else will live in. πŸ€·β€β™‚οΈ
March 12th 2020 when Covid was starting up, the Bitcoin price dropped to $3,860. Today we are β€œback up” to $86,000 becsuse some old unelected guy said we would still cut your interest rate two more times this year. People think we are in a bear market. πŸ˜‚
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