Orange pilled 🟠 & wordsmithed ✍️ I share #Bitcoin stories & insights on Nostr. Help me keep the sats flowing with a Lightning tip! (LN address & QR code in bio) #BitcoinContent #NostrTips #HodlerLife #Lightning
Swiss Post Office to launch #Bitcoin trading and custody services tomorrow!
PostFinance has 2.5 million customers and is the 5th biggest bank in Switzerland!
BitWise #Bitcoin ETF is now available for recommendation by Registered Investment Advisors of $30B in assets, one of the largest advisor networks in the USA- BitWise CEO
Get ready for a deluge of inflows......
Fiat has value because someone trusts the Central Bank. #bitcoin has value because it’s finite, immutable, decentralized, censorship-resistant, and open to everyone.
Forget a Bitcoin ban in the U.S., here's why:
Too intertwined: Bitcoin's become deeply woven into the financial fabric. Forget the "FOMO" argument, it's already integrated!
Profiting giants: Even major finance players are earning big from Bitcoin fees, and guess what? That generates tax revenue for Uncle Sam! ️
Tech-tonic shift: Remember the dot-com boom? Embracing innovation like Bitcoin could be another key to future American prosperity.
They might try to control wallets, not ban:
Expect regulations around self-custody wallets, maybe pushing people towards "protected" ETFs. But the fight against the inevitable? Futile.
Banks profit off the lower class by charging fees and interest,
They acquire funds from the middle class at no cost,
And then loan it to the upper class, amplifying their wealth further.
#Bitcoin on all exchanges hit lowest level since 2017. In connection with the increased demand by ETFs and the upcoming Bitcoin halving, there will be even fewer coins in circulation.
It’s not priced in. Supply shock is real.
Outflows from #Gold ETFs increase substantially, while inflows into #Bitcoin ETFs rise massively.
Bitcoin demonetises Gold in real time. We are making history.
Owning a #bitcoin ETF is like saying you have a girlfriend, but she lives in BlackRock's apartment and BlackRock sends you a picture of her every quarter.
Non-custodial exchange FixedFloat has been exploited for 💵 ~$21M in #Bitcoin, based on suspect on-chain activity 👀
"We confirm that there was indeed a hack and theft of funds.
We will provide details on this case a little later."
There’s about 60 days until the #Bitcoin supply goes from 900 —> 450 BTC daily.
That is about 40 trading days.
Assuming the ETFs continue to suck up $500M worth of BTC daily, we’re looking at ~ $20 Billion more to be deployed.
That is 400,000 BTC. 🤯
If you listened to the maxis and stacked #BTC as hard as possible through the deepest part of the bear market (even if you started during the bull), you have not only outperformed every other investment strategy on earth by a wide margin (except perhaps 100% long $NVDA), you are very likely sitting on a stack of #bitcoin that you could not reasonably afford today. Perhaps multiples of your current income.
This is why the tradfi big brain financial commentator types are fighting #bitcoin .
It not only obsoletes them, it obsoletes them in spectacular fashion.
They are Kodak seething at the digital camera.