#Bitcoin
is the reserve asset of the internet economy & the most pristine form of collateral in the ๐
Today's marketplace ignores this reality & LACKS true INNOVATION ๐ก
๐จ PROBLEM:
30YR fixed rate Mortgage is ~8%
โ ๏ธ SOLUTION:
IMAGINE getting a 30YR fixed rate Mortgage and
Yesterday I came home and saw my neighbors celebrating the 4th ๐๐บ๐ธ
They waved me over to come to grab a drink and some food
In my neighborhood, I happen to be one of the youngest homeowners
They know me as the
#Bitcoin
guy
So I grabbed a burger and a drink and joined in on
Currently the
#Bitcoin
block subsidy is 6.25 $BTC or $187,500
ASSUMING THE NETWORK & DIFFICULTY REMAIN THE SAME (they 100% will not because the hashrate is growing exponentially)
The 2032 bitcoin block subsidy is 0.78 BTC or $187,500 (has to be in order to maintain the cost
If you sell
#Bitcoin
at $100K because of ETF approvals...
You don't know what's really happening here.
The 401K superhighway of demand (automatic income liquidity injections) is building an exit ramp to $BTC
$100K is simply a psychological resistance, same as $1M.
There is no
The biggest issue in this video is not the crowds reaction to
#Bitcoin
You have to listen closely to the first few seconds of video...
The speaker says, "I encourage you to keep an open mind."
Thoughtlessly a student replies, "NO!"
The immediate reaction to not only harden
Ohio State's commencement speaker was loudly booed after trying to shill bitcoin, which he said he just discovered over the past few months.
he says he took ayahuasca to write the speech
this fucking rules
(video via )
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death
Banking Crisis Summary for Avg Joe
WTF is going on?
1) You trade your time & energy (work) for dollars.
2) You then take those dollars and save them in the bank.
3) The bank takes those dollar deposits in as their own assets and types into their computer a liability
4) For
This a great move ๐ง ๐ง ๐ง
@saylor
just reduced the cost to writing calls and puts by 10x
Watch how the options market volume around $MSTR goes up
It will increase liquidity & perhaps even dampen downside volatility
It creates new more affordable opportunities for those looking
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death
Since $GBTC conversion to
#BitcoinETF
investors have sold > $2 Billion
FTX bankruptcy liquidation has led to > $1 Billion in selling $BTC
GBTC discount to NAV arbitrage trade led to > $1 Billion selling to lock in profits.
All of that selling in a relatively short time and
What can Weimar ๐ฉ๐ช transition from
#inflation
->
#hyperinflation
teach us about
#Bitcoin
SLOWLY THEN SUDDENLY
Even so, process of government leveraging the trust of the public to control markets to completely losing that trust took 6+ years
#USA
currently in "Trust Us" phase
9 years of finance &
#Bitcoin
study in one ๐๐ Tweet
May the ๐ก go off for you...
FINANCE 101 โ๏ธ
The HIGHER the interest rate,
The HIGHER the risk.
The LOWER the interest rate,
the LOWER the risk.
Don't let the talking heads on TV convince you otherwise - rising yields on
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death
Notice inverted Roman silver denarius chart next to FED's balance sheet ๐๐
The more the denarius was diluted, the more coins were in circulation.
The more the dollar is diluted, the more currency units are in circulation.
The US government is on the same exact path as the
๐จ We are on the verge of majority of marketplace realizing long-term inflation can't be 2%
IF so, INFLATION EXPECTATIONS will DEANCHOR and Fed will lose control of the yield curve โ ๏ธ
US ๐บ๐ธ 10YR Treasury will head to 7.5%-9.5% as the "free market" begins price discovery for the
Why is the
#Bitcoin
community so upset with
@SamanthaLaDuc
?
This woman just solved world hunger; she deserves a Nobel Prize!
All we have to do is cook a pizza ๐ and then just keep cutting up the slices to โพ๏ธ and there will be no more humans to die of starvation.
I for one
Nation states will print massive amounts of their paper currency - crushing their own people - to make one final power grab by accumulating
#Bitcoin
It will literally be a RACE TO ZERO aka who can print currency units the fastest to buy real money $BTC
We could see that happen
I've been watching the US Debt Clock for a decade, two changes I've noticed:
1) This is the fastest I've seen federal revenues decline.
2) This is the only 'normal' time that debt growth has started to get away from CBO projections and go parabolic.
This will be last debt
The economy is crashing ๐
BUT prices are not crashing ๐
Everyone waiting for a recessionโณ๏ธ Dumb hoping for a depression โ ๏ธ๐ฃ
People are sitting in >$5 Trillion on the sidelines waiting to buy the dip.
WHYโ๏ธ
People are taught all recessions or depressions bring lower
In the year 1900, you could buy a high-end suit for an average price of ~$20.
$20 was also the price of 1oz of Gold.
Today, that $20 can barely buy you a tee shirt.
However, today that same 1oz of Gold can still buy you a high-end suit ($1930).
Three questions to ask & answer
Cost is the arbiter of price. Why?
Bc every business in the world exist for one reason: PROFIT.
If a business offers a product or service but can't sell it for more than its cost to provide it then...
That's the free market price signal telling you the value prop of your
#Bitcoin
Bonds
$1 Billion to be raised
$800M goes into UST 5YR Note
$200M goes into $BTC
#Bitcoin
goes to ZERO $0.00
Upon maturation of the Note, lenders $800M pays back $1B.
This means the principle amount loaned ($1B) is protected by the lack of credit risk for US gov.
๐จ US ๐บ๐ธ Treasuries are losing their place as ๐ reserve asset โ ๏ธ
That doesn't mean $USD can't be the dominant currency aka most widely used medium of exchange
BUT as supply increases against a falling demand, the natural laws of economics tell us that purchasing power will
๐คก : Get your money out of bank
๐ง : Get your wealth out of dollar
PSA - Its not the banks that are failing; its the dollar that is failing.
Seriously, if you store all your wealth in dollars you need to diversify into
#Bitcoin
, gold, silver.
Do it now or you will watch your
Currently the
#Bitcoin
block subsidy is 6.25 $BTC or $266,250
ASSUMING THE NETWORK & DIFFICULTY REMAIN THE SAME (they 100% will not because the hashrate is growing exponentially)
The 2024 bitcoin block subsidy is 3.125 BTC or $266,250 (has to be in order to support the cost
๐จ We're in the middle of the crash โ ๏ธ
"This is not a doom and gloom post, but if one would objectively observe from the outside, it would appear thatโฆ
Planes are falling apart in the sky.
Trains are derailing.
Murders are openly happening in subways.
Power plants are
๐จ We're in the middle of the crash โ ๏ธ
It's an INFLATIONARY RECESSION
Prices CRASH UP ๐
Quality of Life & Standard of Living CRASH DOWN ๐
That's the problem; thats why so many people are confusedโผ๏ธ
Imagine the $5+ TRILLION sitting on the sidelines, waiting for
Currently the
#Bitcoin
block subsidy is 6.25 $BTC or $266,250
ASSUMING THE NETWORK & DIFFICULTY REMAIN THE SAME (they 100% will not because the hashrate is growing exponentially)
The 2024 bitcoin block subsidy is 3.125 BTC or $266,250 (has to be in order to support the cost
๐จ We're in the middle of the crash โ ๏ธ
It's an INFLATIONARY RECESSION
Prices CRASH UP ๐
Quality of Life & Standard of Living CRASH DOWN ๐
That's the problem; thats why so many people are confusedโผ๏ธ
Imagine the $5+ TRILLION sitting on the sidelines, waiting for
#inflation
is confounding because the state has changed its definition in order to promote its narrative
Milton Friedman, who received the 1976 Nobel Prize in Economics, says that inflation is only a monetary phenomenon...
In other words, INFLATION IS THE RESULT OF MESSING WITH
#Bitcoin
is a commodity
$BTC is commoditized energy in the form of money
Satoshi referred to the proof of work required to win the subsidy incentive as the 'cost of generating' and noted that all commodity prices tend to gravitate towards their cost.
As the network grows,
Bitcoin is evolving from digital gold ($12T) to digital collateral ($100+T)
BTC is the reserve asset of the internet economy, the only economy in the world with free market interest rates
#Bitcoin
will do what gold could never do...
๐จ We are getting VERY CLOSE TO a CRASH in US ๐บ๐ธ TREASURIES ๐จ
The 10YR Note (4.96%) is only 0.52% from "normalizing" above the 3M Bill yield (5.48%)
The historical post un-inversion interest rate spread ranges from 2-4%
After normalization EXPECT A CRASH on the long end of
One of Satoshi's most important quotes on
#Bitcoin
๐
Its also one of their most simple and easy to understand BUT most bitcoiners are unaware...
'Economists' even accused me of being a communist fool subscribing to the labor theory of value ๐คก๐
Lets dive in to this quote ๐งต
At first
#Bitcoin
is just a 1-3% allocation.
Then it's the most pristine form of collateral in the world.
At first it's a RISK-ON asset.
Then
#Bitcoin
will become known as the RISK-OFF asset.
At first the governments are known as the RISK-FREE borrowers.
Then Bitcoiners will
At first, Wall Street called
#Bitcoin
a scam.
Now the largest asset managers in the world are recommending 1-3% portfolio allocations.
At first, Wall Street began adding 1-3%
#BitcoinETF
positions to their other ETFs.
Then $BTC became recognized as the most pristine form of
#Bitcoin
is one of the most liquid markets in the world!
During the March 2020 LIQUIDITY CRISIS, TradFi markets were "limit down", if you wanted dollars for securities then you had to wait โ๏ธ
During that same time, every single person who wanted to sell their $BTC for
Max, as usual, is way ahead of the marketplace, demonstrating his
#Bitcoin
giga brain ๐ง
๐จ For the first time ever, the TradFi reasoning:
"To defend $USD we just raise interest rates"
IS INVALIDATED โ ๏ธ
FED has LOST ability to raise REAL interest RATES
YES they can raise the
#Bitcoin
โs strength is putting the Fedโs rate cuts on pause.
Powell may have to raise rates to defend the $USD
. . . as more players engage in a speculative attack on the $
The Bukele/ Saylor playbook.
If I were
@realDonaldTrump
I would make these ๐บ๐ธ
#Bitcoin
statements:
1) US Treasury will hold $BTC as a strategic reserve asset
2) US citizens will have right to self custody, run a node, and mine.
3) No capital gain taxes on $BTC conversions to $USD
4) USA will require that
Making
#Bitcoin
a strategic reserve asset is ONLY Step 1.
$BTC should also be leveraged in economic policy.
New Idea ๐ก
USA ๐บ๐ธ should be collecting tariffs in $BTC
THEN issue
#BitcoinBonds
In 2023, USA collected ~$80 Billion in tariffs.
Assuming tariffs were paid in bitcoin
Dictators meet threats with violence always
Like those who took the shot on
@realDonaldTrump
Businessmen, like those who first formed our union ๐บ๐ธ, negotiate.
Trump is pulling his Art of the Deal with these
@nayibbukele
#Bitcoin
comments.
Before he made history and met with
Trump, once again, attacks El Salvador President Nayib Bukele.
He claims Bukele is shipping criminals into the US and making it look like heโs decreasing crime.
Follow:
@AFpost
Co-Founder & Executive Chairman
@smatthewschultz
of
#Bitcoin
miner
@CleanSpark_Inc
joins
#My2Sats
to talk:
-> Upcoming
#Bitcoin
Halving
-> $BTC as the real ESG ๐โ๏ธ๐งก
-> Future of Mining & Network Growth
This interview was an absolute pleasure.
All eyes on $CLSK for
#Bitcoin
is evolving from digital gold ($13T) to digital collateral ($100T+)
$BTC will do what Gold & US ๐บ๐ธ Treasuries could never do...
Gold failed as systemic collateral because it was too costly & slow to settle.
Treasuries failed as systemic collateral because the supply
๐จ USA ๐บ๐ธ FED Reserve is trapped โ ๏ธ
If they lower interest rates...
$5 TRILLION + will no longer be "incentivized" to save.
$5T+ will come rushing into assets, goods & services pushing up prices.
Further lowering Quality of Life & Standard of Living here in USA ๐บ๐ธ
If they
๐จ We're in the middle of the crash โ ๏ธ
It's an INFLATIONARY RECESSION
Prices CRASH UP ๐
Quality of Life & Standard of Living CRASH DOWN ๐
That's the problem; thats why so many people are confusedโผ๏ธ
Imagine the $5+ TRILLION sitting on the sidelines, waiting for
Been telling my banker about
#Bitcoin
since ~$3000
Walked in to resolve an automatic withdrawal issue and he proceeds to tell me about an influx of regular people asking about crypto & CBDCs
Surprised he brought it up after years of my words going in one ear and out the other
@WallStreetSilv
But wait the keynesians said that when buyers disappeared the prices would have to come back down!?
Yep, they are wrong about that as well.
When the WEF tells you that you will "own nothing and be happy" they don't mean:
"Buy Treasuries and wait for prices to fall to buy your
@stackhodler
Absolutely agree on max pain scenario...
People think prices going down is max pain BUT everyone and their mother is 'yield farming' USD via Treasuries and waiting to buy a dip
Max pain is people realizing their UST 'yield' is paid via currency dilution and ~5% < real inflation
#Bitcoin
has two values:
1) Commodity Value
2) Monetary Value
Right now, at the bottom of s-curve adoption, AS SATOSHI SAID, $BTC will go through commodity cycles with price gravitating towards the cost of generating.
In the future, at the top of s-curve adoption, $BTC - as
Eventually
#BitcoinETF
shares will be a more pristine form of collateral than US ๐บ๐ธ Treasuries
#Bitcoin
is the reserve asset of the internet economy and the most pristine form of collateral in the ๐
Prepare accordingly!
Its amazing how perceived "authority" can allow an entity, such as gov, to create an alternate reality.
ECONOMICS is a great example of authority redefining reality to fit their narrative.
For example, simple question:
What is the difference between money and currency?
๐งต/x
#Russia
๐ท๐บ +
#China
๐จ๐ณ are leading an effort to dedollarize the world.
Since
#USA
๐บ๐ธ has weaponized dollars against Russia, many nations fear losing access to their dollar reserves.
Thus far ๐ท๐บ + ๐จ๐ณ have convinced a coalition of ~100 nations to agree to stop using $USD
No better way to celebrate
#BitcoinHalving
then by absorbing this
@PeterBTCAdviser
#Bitcoin
masterclass on the future of finance being built around $BTC equity!
Get Peter's
#My2Sats
on
#Bitcoin
as:
-> Perfect 3 point Asset - SoV, MoE, UoA
-> Most Pristine form of Collateral in
@POTUS
Sir, you literally depleted the strategic petroleum reserve (a reserve for strategic use during times of emergency) to manipulate gas prices for a better outcome for your party in the midterms
You took that solution off the table and to buy it back will create higher prices ๐คก๐
#Bitcoin
selling off bc of expectations that Powell will be more hawkish for FOMC
Is proof people have no idea of the underlying marketplace dynamics.
If FED raises interest rate:
A) the idea is that higher borrowing cost will DETER more borrowing aka the creation of currency
๐จ FED is fighting the economy BUT they should be fighting the currency โ ๏ธ
It's best to look at any transaction based on price as a two-sided event:
1) Economic (good/service)
2) Currency (medium of exchange)
The settlement price of the transaction MUST account for BOTH sides
Interesting Bitcoin price action ๐
Feb 22, 2022:
Russia ๐ท๐บ invades Ukraine ๐บ๐ฆ
Fears of WW3 shake the markets and turn sentiment negative.
Price of $BTC -> $38,270
March 17, 2022:
Federal Reserve ๐ฆ starts hiking interest rates
Fears of the effects of higher interest rates
What if I told you
#Bitcoin
has absorbed ZERO monetary premium
$BTC has only ever traded at commodity value โก๏ธโ๏ธ
Sooner or later we will leave the commodity cycle and move up S-curve adoption
Then we reach monetary value โพ๏ธ/21M
If you sell
#Bitcoin
at $100K because of ETF approvals...
You don't know what's really happening here.
The 401K superhighway of demand (automatic income liquidity injections) is building an exit ramp to $BTC
$100K is simply a psychological resistance, same as $1M.
There is no
๐จ USA is UNDER ATTACK โ ๏ธ
This is one of the best political speeches I've ever heard.
Democracy is dead...
The powers that be will point to the grocery stores (with ~2% profit margins) and tell you they're price gouging you.
Meanwhile, those same powers that be (who accept
There is one sentiment in the
#Bitcoin
community that I completely disagree with:
"yOuR sO eArLy"
I got news for you...
No, you are not early.
1) The most sophisticated institutions in the world are taking large stakes in publicly traded bitcoin companies.
They are doing it
@sovereignbrah
Ive also never heard Trump testify of his faith in Jesus Christ.
I've heard him deny asking God for forgiveness though...
Between that and his continuous bragging about VAXXX does he really represent We the People!?
We all see how the system attacks him, but maybe that
PSA: In the year 2136, after the 32nd
#Bitcoin
halving, the block subsidy will be 1 satoshi (1/100,000,000th of a $BTC)
The floor value of 1 satoshi will be equal to the cost structure of the entire network over a 10 minute period.
Buy Bitcoin
#forthekids
My friend purchased a multiunit of
#Bitcoin
in 2014 for $4.1M and itโs now worth $2.489 BILLION. He plans on never selling it, collateralizing when he needs liquidity to avoid taxes and will continue to grow his wealth over a 10yr period at 60% CAGR.
This is why you buy
My friend purchased a multiunit in 2014 for $4.1M and itโs now worth $20M. He plans on selling it, cost segregating into a REIT to avoid taxes and will make $1.7M annually.
This is why you buy real estate.
๐จ USA ๐บ๐ธ FED Reserve is trapped โ ๏ธ
If the FED lowers interest rates...
$5 TRILLION + will no longer be "incentivized" to save.
$5T+ will come rushing into assets, goods & services pushing up prices.
๐จ This pushes the REAL RATE OF RETURN even further NEGATIVE โ ๏ธ
If the FED
๐จ FED has LOST ability to raise REAL interest RATES โ ๏ธ
YES they can raise the Effective Federal Funds Rate
HOWEVER when they raise this rate
BECAUSE of $34T debt + $211T unfunded liabilities
MORE INFLATION is required in order to make the higher interest payments to service
The SEC has approved options on the Blackrock Bitcoin ETF
This is HUGE NEWS for
#Bitcoin
miners and HODLers who want to generate yield with $BTC position
This also opens the door for USA ๐บ๐ธ based Bitcoin Yield Strategy ETFs
No one is bullish enough, this will increase demand +
#Bitcoin
Yield Strategy ETFs are coming.
The "yield" is not printed or based on some rehypothecation scheme, it's paid up front by speculators.
Options contracts on
#BitcoinETF
will incentivize market makers to seek to generate monthly income by pursuing options-based
๐จ FED has LOST ability to raise REAL interest RATES โ ๏ธ
YES they can raise the Effective Federal Funds Rate
HOWEVER when they raise this rate
BECAUSE of $34T debt + $211T unfunded liabilities
MORE INFLATION is required in order to make the higher interest payments to service
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death
See that "last price drop" for
#Bitcoin
that EVERYONE is hoping for...
General consensus right now is that if you are not in cash or cash equivalents earning yield then you are an idiot who doesn't get risk.
All that sidelined cash is eventually going to flood back into the
#Bitcoin
blockspace is not just about the $BTC money ledger
Satoshi proved this in his genesis block message...
Bitcoin network is the securer of all types of data and its blockspace the record of its truth
The value prop of Bitcoin is TRUTH
Quite valuable in a world of lies.
By trying to attack
#Bitcoin
with a 30% electric tax, not only will Biden admin drive away miners and further destabilize the
#USA
grid
They will also increase the cost of production per $BTC
They are trying to attack bitcoin but they will actually be supplementing
#Satoshi
JUST IN: ๐บ๐ธ Biden admin proposes 30% tax on electricity used for
#Bitcoin
& crypto mining - NY Times
Itโs โhindering the transition to a low-emission energy future,โ the White House says.
๐จ USA ๐บ๐ธ currently in the longest & steepest yield curve inversion in the entire recorded history between the 10YR Note & 3M Bill โ ๏ธ
History of inversions (see chart ๐๐):
1) 1982 -> 18 days (-0.96)
2) 1989 -> 221 days (-0.35)
3) 2000 -> 199 days (-0.95)
4) 2006 -> 317 days
๐จ We are on the verge of majority of marketplace realizing long-term inflation can't be 2%
IF so, INFLATION EXPECTATIONS will DEANCHOR and Fed will lose control of the yield curve โ ๏ธ
US ๐บ๐ธ 10YR Treasury will head to 7.5%-9.5% as the "free market" begins price discovery for the
USA ๐บ๐ธ Debt Just HIT $33 TRILLION 20 Days Ago
The Debt is NOW almost HALFWAY to $34T
We're supposed to be running a $2T deficit
PER YEAR...NOT PER QUARTER.
RAISING Interest RATES is:
-> Making DEFICIT LARGER
-> REDUCING Federal Tax REVENUE
Solution = Currency Printer Go
#My2Sats
on
#Bitcoin
Price Discovery ๐
$60K even $600K is just FUD ๐๐
$BTC VALUE vs PRICE vs COST
Value = ๐GDP/21M
Price = Market Price
Cost = Proof of Work Costs
COST can not increase VALUE.
COST can push PRICE towards VALUE.
It's of the utmost importance that you
Satoshi says the value of
#Bitcoin
is relative to cost...
For those of you who study $BTC & satoshi, this comes as no surprise
The rest of the marketplace has to swallow this ๐๐ to see its power:
#Bitcoin
is the only asset in the world that can increase its own floor priceโผ๏ธ
The last time the stock market performed so poorly...
#Bitcoin
fell from $9K to $3K
Today $BTC couldn't even break to the bottom of its micro range ($53K)
Last time Bitcoin fell to $3K, it went 20X+ to $60K on the back of falling interest rates & QE
If Bitcoin can hold $50K
๐จ USA ๐บ๐ธ Social Security benefits are changing again...
Anyone born in 1960 or later will have a full retirement age of 67 โ ๏ธ
The avg lifespan in USA for a male is 73.2 years
You pay into SS for a lifetime worth of work and you ONLY get full benefits for an avg of 6.2 years
In 1982 the average US ๐บ๐ธ Social Security payment was $419.30
โ๏ธ
๐จ CPI method was updated โ ๏ธ
These changes directly effect the Cost-of-Living Adjustments (COLA) for Social Security
Today, based on CPI adjustments, the average SS payment is $1862/m or
FYI all of the
#Bitcoin
content I create is for EVERYONE ๐โ๏ธ๐งก
In fact, I'm less concerned about the rich who live off cash flows.
I'm more concerned for everyday Joes who trade time for money.
Though my content is relevant to both, it's the avg Joe who will be freed from
The Billionaires Are Fighting Over The 21M Bitcoin
It was my great pleasure to have
@LawrenceLepard
on
#My2Sats
Get his 2 Sats on:
-> Trump &
#Bitcoin
-> Fiscal Dominance aka Debt Death Spiral
-> FED interest rates
->
#BitcoinBonds
Larry is one of my favorite voices in the
In JAN 2020 one of my friends, who is also one of my clients, had reached his savings goal of $323K
FILLED WITH JOY to his reach goal, him and his wife had just started to look at buying their first home.
At that time, he had saved up enough to buy the median priced home which
@jakeeswoodhouse
Agreed!
In 2017 bought investment property for ~250
#Bitcoin
Yielded ~2 $BTC /yr
Today property worth ~170 $BTC
Price has gone up in nominal dollar value but has lost 30%+ in Bitcoin terms
Also now only yields ~1 $BTC /yr
Property manager asks why Im liquidating
#stacksats
#Bitcoin
is the reserve asset of the internet economy & the most pristine form of collateral in the ๐
In the near future, you will never need to sell your $BTC
The future of finance is being built around
#Bitcoin
equity and those who hold it will have access to the best
When the market matures I will simply use my bitcoin as collateral to transact in whatever dogshit centralised digital shitcoin the government of the day tries to impose.
If the FED raises interest rates they will devalue Treasury collateral and be forced to provide more liquidity through their new BTFP window.
If the FED lowers interest rates they will increase principal value of Treasury collateral decreasing systemic leverage and risk while
Satoshi says the value of
#Bitcoin
is relative to cost...
For those of you who study $BTC & satoshi, this comes as no surprise
The rest of the marketplace has to swallow this ๐๐ to see its power:
#Bitcoin
is the only asset in the world that can increase its own floor priceโผ๏ธ
#Bitcoin
was engineered to leverage the natural laws of economics, commodity cycles, and price discovery to empower
#WeThePeople
My mgm strategy is based on
@btcFairValue
and the fact that $BTC is the only commodity in the ๐ that can raise its own floor price ๐คฏ
This will
#Bitcoin
was engineered to leverage the natural laws of economics, commodity cycles, and price discovery to empower
#WeThePeople
My mgm strategy is based on
@btcFairValue
and the fact that $BTC is the only commodity in the ๐ that can raise its own floor price ๐คฏ
This will
To be a successful investor you really only need to be able to answer one question:
๐จ IS "X" CHEAP OR EXPENSIVE โ๏ธ
BUY when X is cheap
SELL when X is expensive
So how do you go about answering this key question?
Thankfully, its pretty simple!
FIRST, you need to FORM a
Gold is breaking out against
#Bitcoin
The 9 year trend has broken โ
@PeterSchiff
would you like to come onto the
#My2Sats
podcast to discuss the significance of this breakout โ๏ธ
๐จ Banking Crisis 2.0 Imminent โ๏ธ
To me, insiders are starting to figure out that even if FED lowers overnight rates...
US ๐บ๐ธ Treasury Note & Bond rates DON'T have to follow suit
Meaning FED lowering rates doesn't automatically fix banks balance sheets where assets <
BREAKING: Senator Ted Cruz has sold up to $500K of Goldman Sachs stock.
Cruz' wife is a managing director at Goldman Sachs.
This is the largest trade we've ever seen from Cruz.
The WEF promoting "data centers" that run on wasted energy.
NOT ONE TIME was
#Bitcoin
even mentioned.
$BTC mining incentives are the sole driver of free/wasted energy capture, not data centers*
Economic Incentives > Statist Altruisms
Bitcoin is virtue.
@elonmusk
@MuskUniversity
Shouldn't humanity use a money that also adheres to the laws of physics!?
Proof of Work
#Bitcoin
is the only way to empower humanity with Truth money
I chatted with Artificial Intelligence
#AI
#ChatGPT
about
#Bitcoin
price discovery and how to fair value a commodity based on its All In Sustaining Cost (AISC)
At first, AI was like everyone else valuing $BTC as a risk-on asset BUT IT LEARNED...
Take Notes ๐
@btcFairValue
๐๐งต
#Bitcoin
is the most pristine form of collateral in the ๐
Gold made for ok collateral bc its hard money BUT it failed as collateral bc its expensive to settle.
US ๐บ๐ธ Treasuries make for ok collateral bc its cheap & easy to settle BUT its failing as collateral bc its issuers
YOUTUBE JUST BANNED SIMPLY BITCOIN
After 4 years of building up the SB channel, putting in 100s of hours of work and making sure to follow the community guidelines
@YouTube
@TeamYouTube
seems to continue to go after Bitcoin only content.
"A rising gold price is an indication of failing currency." - Lynette Zang
USD is like watching a slow motion plane crash and sadly there is nothing that we can do about it.
There are parachutes on the plane but some people are still trusting the pilot to land safely.
I've
๐จ One of the most important charts in all of Macro & Finance โ ๏ธ
M2 Velocity of $USD aka the speed at which dollars are changing hands
M2 is breaking its 27yr downtrend
I warned about this over a year ago and have been keeping close eye ๐
"Higher for longer" means that all
Velocity went up during 70s inflation, came down after rates shot up.
Velocity going down since QE brrr, only small boost from ๐๐ต
2Q22 velocity broke above covid boost high, rising rates boosting velocity (opposite of 70s)?
Dollars are moving hands faster and faster but ๐บ๐ธ
@Bitcoin_Food
Yes great question (this projection is made considering all variables were exactly the same in 2032 as they are today)
If price falls below All In Sustaining Cost...
1) hashrate would begin to decline
2) difficulty would adjust downward
3) All In Sustaining Cost (AISC) would
This is the epitome of government hubris, attitude, and respect towards its people.
Sounds a lot like...
You dont know what inflation, recession, and economic growth is...
This is how tyranny works. They redefine words, call you stupid, and act like they are above you.
The
The fact that people are selling off
#Bitcoin
bc of potential war when only way to pay for war is ๐จ๐ตโพ๏ธ
Just shows how much the marketplace doesn't understand the value proposition of $BTC
FEW understand Bitcoin as a commodity.
FEWER understand Bitcoin as engineered money.
A flare-up in Middle East tensions appeared to be behind a quick drop in the price of crypto prices early during the U.S. trading session on Tuesday.
@sndr_krisztian
and
@btcjvs
report
๐จ
#Bitcoin
price after ETF approval but before official trading ๐ง
After approval (whenever it is) I suspect buyers will be weaker than sellers as the speculators look to sell the news.
The thing is most of the existing demand is NOT buying the news.
The base layer of demand
If you sell
#Bitcoin
at $100K because of ETF approvals...
You don't know what's really happening here.
The 401K superhighway of demand (automatic income liquidity injections) is building an exit ramp to $BTC
$100K is simply a psychological resistance, same as $1M.
There is no
#Bitcoin
going to ~$50K then coming back to ~$33K (depending on network & difficulty growth) going into the 2024 Halving
People will call for new ATHs but they wont come yet
Its the HALVING that IS THE CATALYST to a new price discovery cycle as a result of the changes to the
#Bitcoin
sitting above cost of production price cloud
Wouldnt say $BTC is consolidating below resistance
Would say BTC is consolidating above support
Getting ready to break market structure
Expecting Bitcoin to hit $50K before coming back down to ~$33K before the 2024 Halving
FED Chair Powell just said out loud:
"HIGHER TREASURY YIELDS ARE SHOWING THROUGH AS HIGHER COSTS"
Please look at quoted tweet ๐๐ that was cited by
@ForbesCrypto
and has just been confirmed.
#FOMC
just shed A LOT of light on WHY YOU NEED to BUY
#BITCOIN
The HIGHER interest rates go
The HIGHER inflation will go
That's because the HIGHER interest rates go, the LARGER the DEFICIT.
The LARGER the DEFICIT the FASTER the currency printer go
#BRRR
The FASTER the currency printer go
#BRRR
the FASTER inflation rises.
๐จ Debt Death