Think about this,
There is $900 Trillion in total global asset value. That's broken up between #RealEstate, #Bonds, #Money, #Equities, #Cars, #Art, and #Gold. As of today, 1 Dec 24, #Bitcoin market cap is only $1.9 Trillion. To pass gold, Bitcoin market cap needs to 18x and that's if everyone kept their gold and doesn't exchange it for Bitcoin. So in short, only about 2% of global assets need to flow out of the current store of value into Bitcoin to 18x in market cap. Have a great day.
China's quantitative easing efforts could ignite a massive surge in Bitcoin prices. We already know that Bitcoin’s value grows when fiat currencies are devalued through stimulus and government interventions. The volume of yuan credit created ( $1.59 trillion in September alone) will approach the scale of dollars printed by the U.S. in response to COVID during 2020-2021.
Secure as much Bitcoin as you can as soon as you can. 📈
#Bitcoin #RealEstate #Nostr #China #Economics
Coinbase users with eligible Visa direct debit cards can now deposit funds into their Coinbase accounts in real-time, removing traditional delays in transferring money.
Gradually, then suddenly
Check out this article that highlights how Bitcoin enables vital aid to reach Gazans by bypassing disrupted traditional financial systems, demonstrating its power as a tool for survival and resistance against government imposed barriers.
Fix the money fix the world.
The U.S. has reached another milestone, more debt. They love to print so much because they know you will cover the bill. The game isn’t rigged, it works perfectly for who it was intended to. Every currency is a sinking boat and #Bitcoin is a life raft that will get you to safety and freedom.
Check out this read "Commodity, Scarcity, and Monetary Value Theory in Light of Bitcoin" which argues that Bitcoin, with its fixed scarcity, decentralized structure, and cryptographic security, functions as both a commodity and a currency, challenging traditional monetary theories and reshaping the future of money.
#Bitcoin #Nostr #Bookstr #Read #Article
#Bitcoin Core devs warn that 17% of nodes are vulnerable due to a software issue before version 24.0.1, allowing potential DoS attacks. About 3,330 of 19,200 nodes are affected. Update to 24.0.1 to stay secure. Few cases of exploitation so far. Details:
So much corruption going on around the world, we need #Bitcoin more than ever. Here are some of the recent events going on around the globe in 2024
•Zimbabwe’s Reserve Bank devalued its ZiG currency by 44%.
•The Central Bank of Kuwait is mandating citizens complete biometric fingerprinting by Sept. 30, or the regime will revoke access to bank accounts, assets, and government services.
•The Egyptian regime hiked the cost of gas canisters by 50% overnight.
•Israel plans to remove 200 shekel banknotes from circulation, which account for 80% of the banknotes held by the public. Pushing for a cashless society and headed towards a CBDC.
•President Kais Saied took another step to solidify control over Tunisia by stripping the administrative court of its authority to rule on electoral disputes just days before the presidential election.
Keep stacking sats, keep educating yourself, keep working on your health, keep blocking out the noise and distractions, keep trying to get better in ways that add value to your life.
#Nostr #News
$100 Billion is how much the national debt has increased in only 18 days. That means more of your wealth will be secretly stolen from you through taxes and inflation. They will never stop because they can’t be punished. You can stay on a sinking boat or board the #Bitcoin Ship.
Japan's 🇯🇵 largest power company, TEPCO, has started mining Bitcoin using excess renewable energy through its subsidiary, Agile Energy X. They use leftover energy from solar and wind farms that would otherwise go to waste. By doing this, they’re turning unused green energy into Bitcoin, helping reduce energy waste. This project could encourage more investments in clean energy, as it gives renewable energy producers a new way to make money. Similar projects are happening in other countries, like El Salvador 🇸🇻, where geothermal energy is used for Bitcoin mining. This shows that Bitcoin mining can be eco-friendly by using energy that would otherwise be wasted.
Read more here:
U.S. national debt increased another $170 Billion since 21 August 24. At this pace that’s about $10.63 Billion increase per day. Your time, money, and energy are being stolen from you daily by people who can print currency with no repercussions. Oh yeah and they get richer.
#Bitcoin #Nostr #Economics
All currencies lose their store of value due to inflation and taxes, which come from central banks printing currency. Bitcoin protects your store of value because no bank, government, or company can create more of it. Keep sinking in the fiat water or grab the Bitcoin life raft.
#Bitcoin #Nostr #Freedom