$IBIT closed with a $5.2 billion AUM after 5 weeks of trading, which represented 50% of BlackRock’s total net flow for all their ETF products. Adopting Bitcoin is a crazy successful strategy to BlackRock and Larry Fink.

Japanese gold tea pot from 80 yrs ago.

Do not urge to sell in a bull market. There is no top and no one can time it perfectly.

The Bitcoin Layer 2 debate is going to heat up during the bull market. Right now, Lightning is the only one that can be considered a real Bitcoin Layer 2 at scale. The rest, with tokens, are going to rug-pull you.

No Stopping. Just relentless bidding. #Bitcoin

Bitcoin is tough not to own.

Bitcoin is unstoppable.

LFG @jack

The majority of investors do not think Bitcoin can surpass Gold's market cap. They base their conventional thoughts on not making an effort to understand Bitcoin as a new standard for scarce desirable money. The market always moves against lazy and conventional thinking. The price discovery will be so volatile and shock these people by surprise. And just like that Bitcoin has surpassed Gold and move on for the next battle.

If you own Bitcoin and are comfortable for self-custody, then there is no good reason to own ETFs. If you want some upside for bitcoin denominated return, there is a good reason to buy $MSTR or Miners. A 80/20, 80% spot and 20% $MSTR or Miners are good portfolio allocation imo.

Happy Chinese New Year! 龍年快樂!🐉

🤌

Getting ready for CNY.

If a Bitcoin L2 solution has a token attached to it, and the team is using it as a fundraising method along with some tokenomics, be careful; these are scams trying to profit from less knowledgeable people. The actual L2 solutions, like the Lightning Network, have no token; all you use is Bitcoin.

Bitcoin Layer 2 or Bitcoin off-chain scaling solutions are the next big technological developments that have the potential to unlock the utility of Bitcoin as a medium of exchange.

Satoshi created Bitcoin in 2009 and left shortly thereafter, when the price of Bitcoin was still less than a dollar. Since then, his Bitcoin holdings have outperformed every other asset on the planet by simply doing nothing.

GM

The suffering comes from not knowing money is broken