#bitcoin

In 2011, someone bought 10,000 Bitcoin for $7,800. Fourteen years later, they sent over $1 billion in BTC with a single transaction.

#Bitcoin FELL $10K yesterday Today it's UP $10K This is what I mean by "every price will eventually be a rounding error It took Bitcoin 8 years to go from 0 to $10K Now it can move $10K MULTIPLE DAYS IN A ROW At some point, it will move $70K in a day, from $930K to $1M

JUST IN: Bitcoin is now DEEP into "Fire Sale!" territory 👀 Buy the dip! 🙌

"Nobody uses #Bitcoin"

Simpsons predicted that 1 BTC = ♾️ USD

#Bitcoin has been declared dead 461 times. If you invested $100 each time, you'd have $68,322,249 today.

Hodl #bitcoin

There are 21,000,000 #Bitcoin This supply will never increase 95% (~20,000,000) has already been mined and distributed to holders) 1) Earth's population is 8,000,000,000 - 380 people/BTC - 0.002625 BTC/person - Most people currently own 0 2) There are 15,700,000,000 acres of habitable land on earth - 748 acres/BTC - 0.001337 BTC/acre - Supply does not increase, but is currently massively overvalued 3) There are 2,300,000,000 houses globally - 109 houses/BTC - 0.009174 BTC/home - Some will obviously be worth more than others, so: 3A) There are 426,000,000 houses in "developed" or OECD countries - 20 homes/Bitcoin - 0.04929 BTC/home - About 10% are unoccupied (why?) - Supply is always rising 4) There are 6,700,000,000 ounces of gold above ground - 319oz/BTC - 0.003135 BTC/oz - Supply is rising at ~2%/year - 60% of the total supply mined in the last 75 years (supply growth is accelerating because of technology)

HODL ✊

Unpopular opinion: Real estate investing is exploitative in nature If people didn't own more properties than they needed, the price of real estate would drop dramatically, giving renters the ability to buy a house instead of borrowing one forever #Bitcoin  fixes this

#Bitcoin is never going to zero I don't care what you believe I don't care where you think the world is going If you think Bitcoin is going to zero, you have done zero research, and you deserve to stay broke This is the time to buy, not to make up scenarios about what could happen if Bitcoin keeps going down Fear will hold you back from buying at the right time Greed will make you buy at the wrong time I'm greedy when others are fearful

Bitcoin goes down = more sats for every dollar you spend Bitcoin goes up = all the sats you accumulated went up in value Win-win

16 YEARS AGO, YOU COULD BUY 15 #BITCOIN FOR 1 CENT

We, average retail investors, are lucky that #Bitcoin is in so many people's blind spot. Many wealthy individuals cannot imagine storing their hard-earned wealth in something they can't touch. This will cost them millions and even billions over the next 10-15 years when they finally bend the knee. All of this wealth will be transferred to anyone who does the work to understand, buy, and hold Bitcoin.

When anyone tells you that #Bitcoin is a Ponzi scheme, ask them what the difficulty adjustment is If they can't give you an answer, you can immediately assume that their opinion is irrelevant

One of the benefits of being on a #Bitcoin standard: Instead of hoarding homes and stocks, the wealthy will hoard BTC  Since BTC isn't physical, it doesn't impact people's lifestyle if more of it is held by a small number of people Less BTC in circulation makes BTC more valuable and will lead to lower prices of everything else (because all excess purchasing power will be used to buy BTC) The elite will be incentivized to produce more goods that the consumer wants, as that will be the only way to acquire more Bitcoin When the supply of consumer goods increases, prices automatically come down