Michael Powacht 2 years ago

Nice #Bitcoin rally, but let’s remember there are many catalysts that haven’t even played out yet: - Several SEC ETF approvals - Institutional investors creating supply shock - Massive FOMO creating more supply shock - Halving in 2024 - Continuous/worsening inflation Never sell your #Bitcoin

Michael Powacht 2 years ago

Fiat is headwind money. #Bitcoin is tailwind money. #Bitcoin

Michael Powacht 2 years ago

This is the first time in my life I feel that money works passively in my favor. #Bitcoin

Michael Powacht 2 years ago

Gold was a great inflation hedge. It no longer is. #Bitcoin is digital gold. It’s superior to gold in every aspect. Consider #Bitcoin’s properties: - censorship and confiscation resistant - portable - divisible - permissionless - decentralized - ‘trustless’, no trusted third party required - neutral - publicly verifiable - operates 24/7/365

Michael Powacht 2 years ago

#Blackrock and others keep meeting with SEC officials to iron out the last wrinkles in their ETF filings. There is not a shred of a doubt that the SEC will approve these #Bitcoin ETFs. It’s no longer a question if, but when. Once approved the flood gates open and institutional investors will pour in to diversify their traditional portfolios. #Bitcoin

Michael Powacht 2 years ago

Please take your #BTC off exchanges. Do it now! Not your keys, not your coins. Exchanges pose unacceptable risks: They can be hacked, they can be shut down and censored, or they just run off with your money. #Bitcoin was built to be “trustless” and functions without a trusted third party. #Bitcoin

Michael Powacht 2 years ago

#Bitcoin is our escape hatch from wealth erosion and poverty caused by fiat inflation, and ultimately hyperinflation. It happened 100 years ago (Weimar Republic), and it will happen again. #Bitcoin

Michael Powacht 2 years ago

I see resignation and despair everywhere. Inflation is eating people alive. The fiat standard is modern day slavery, #Bitcoin our liberator.

Michael Powacht 2 years ago

The time has come for long forgotten acquaintances, ‘friends’, and family members reaching out. “Remember this Bitcoin thing you told me about a while back?” #Bitcoin

Michael Powacht 2 years ago

Bangkok street food, delicious

Michael Powacht 2 years ago

To WalletOfSatoshi and advertisers: Keep the sats coming. Love it. Sats are precious digital gold dust! #Bitcoin

Michael Powacht 2 years ago

Today Argentina gets drunk, tomorrow it starts buying #Bitcoin. #Bitcoin

Michael Powacht 2 years ago

I’m not affiliated with this company but at US$ 69.99 for a bluetooth enabled hardware wallet running open-source firmware, the SafePal X1 is a steal.

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Michael Powacht 2 years ago

The Argentina effect. Holy cow, BlackRock better hurry to buy those #BTC.

Michael Powacht 2 years ago

The times they are changing… https://www.reuters.com/world/americas/argentina-readies-vote-likely-presidential-election-thriller-2023-11-19/

Michael Powacht 2 years ago

#Bitcoin is freedom money. It drains the power of governments and fiat elite, and hands it back to the people. It empowers the unbanked and oppressed. A new era has begun where everyone is free to participate in the global #Bitcoin economy without asking permission. Be your own bank and hold #Bitcoin in self-custody.

Michael Powacht 2 years ago

Sats are precious digital gold dust. Every sat counts. #Bitcoin

Michael Powacht 2 years ago

More and more people surrender to resignation knowing they can't make it under a fiat standard as inflation eats into their savings. It's a battle they can't win. When will they wake and realize the solution is right at their doorstep: #Bitcoin .

Michael Powacht 2 years ago

A dystopian world order is inching closer: CBDCs, social credit scores, and now proposed global health certificates. Say no and opt out. #Bitcoin

Michael Powacht 2 years ago

100 years ago, Weimar Republic’s hyperinflation wiped out all citizens. Never forget, it can (and probably will) happen again. #Bitcoin