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Terence Michael Profile
Terence Michael

@ProofOfMoney

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Following
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Author of Bitcoin book 📚 "PROOF OF MONEY" 🧠💪🤔🎁 Entrepreneur. Investor. Hollywood and Real Estate. BTC Help 👉

California, USA
Joined February 2018
Don't wanna be here? Send us removal request.
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@ProofOfMoney
Terence Michael
11 months
Sometimes no-coiners need help to understand just how profound Bitcoin's scarcity really is. A small thread👇
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@ProofOfMoney
Terence Michael
5 months
Satoshi Nakamoto's email dump is just incredible to read. Am I the only one who noticed this part from Email #129 ?
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Terence Michael
20 days
Terence Michael has acquired an additional .003 BTC for $200 using proceeds from a convertible car and excess ashtray cash for $65,883 per #BITCOIN .
@saylor
Michael Saylor⚡️
20 days
MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin . As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.
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@ProofOfMoney
Terence Michael
3 months
The very FIRST words of Satoshi's white paper: "Bitcoin: A Peer-to-Peer..." @NSmolenski delivers a simple yet profound talk on the importance of these 5 words at The Bitcoin Policy Summit in DC ( @btcpolicyorg ) 🔥
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Terence Michael
6 months
Have you stopped to realize… The CEOs of the two largest financial institutions on the planet (Blackrock + Vanguard) are now arguing about Bitcoin?
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@ProofOfMoney
Terence Michael
8 months
Bitcoin... not CrYPtO
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@ProofOfMoney
Terence Michael
1 year
After moving into a multi-sig #Bitcoin set-up, I'll never go back! A little thread, for others 🧵 1/
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Terence Michael
6 months
Can’t stop. Won’t stop. Who’s with me?? 💪🔥🚀
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@ProofOfMoney
Terence Michael
9 months
Satoshi Nakamoto's 2nd line of his infamous Bitcoin White Paper reads: "... the main benefits are lost if a trusted third party is still required..." This is a good reminder as we sit in front of the wave of incoming ETFs.
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Terence Michael
1 year
Posted from IG account... Who is #Satoshi ?? This might be the closest alignment of someone possible for #Bitcoin 's immaculate conception. 1/10
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Terence Michael
1 year
🚨BREAKING: Warren Buffett is a #Bitcoin 'er! He's keeping it quiet (for obvious reasons). But just look at the facts...🧵👇 1/
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@ProofOfMoney
Terence Michael
9 months
The Powerball jackpot is now over $1.73 billion. The odds to win that are 1 in 292,201,338. Meanwhile... the odds to guess my Bitcoin seed words are: 1 in 5 duodecillion 444 undecillion 517 decillion 870 nonillion 735 octillion 15 septillion 415 sextillion 413 quintillion 993
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@ProofOfMoney
Terence Michael
1 year
It’s that time again… Exchanging lies for truth. #Bitcoin
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@ProofOfMoney
Terence Michael
5 months
Do all Bitcoiners have the same journey? Mine👇
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Terence Michael
1 year
This is why #Bitcoin will win. We are in a war with... ICE CUBES. ( #Satoshi knew this. You know this). But the UN-pilled aren't paying attention. 8-slide 🧵 1/8
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@ProofOfMoney
Terence Michael
8 months
🚨25 Bitcoin lost! BUT... why is no one talking about the larger issue? 1️⃣ Per the Bitcoin-er (and his dad) they purchased 25 Bitcoin in 2012. All of it. Nothing more since then. 25 and done. 2️⃣ Even if purchased at the highest price possible, that's a $325 investment.
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Terence Michael
2 months
CAN'T. MAKE. THIS. UP!!!! Peter complains that users will have to eventually sell Bitcoin for other goods. (Peter, how exactly does gold work?) He also complains that Bitcoin goes up in price. Listen👇🤣
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Terence Michael
1 year
"Why do we need #Bitcoin ?" Here's one reason explained to a 5th grader ( #eli5 ) It's a decent orange pill 🍊💊 for those who don't really understand #inflation (or feel its effects that much). 1/10
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Terence Michael
1 year
BREAKING: The SEC just called ☎️ Vitalik Buterin at his offices to ask if ETH is decentralized. Meanwhile Elizabeth Warren’s staff scrambles to locate #bitcoin ‘s terms of service, trademark, and marketing team. But they can’t find the phone number for customer service.
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Terence Michael
9 months
The Bitcoiner's mantra: "Get your Bitcoin off exchanges." So what does the first letter in "ETF" stand for?
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Terence Michael
4 months
The real cost of the $20 one doesn't spend on a single Bitcoin book is this 👇
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Terence Michael
6 months
A Bitcoin ETF is Bitcoin. It’s real, actual Bitcoin. (just not YOUR Bitcoin)
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Terence Michael
3 months
SBF for the next 25 years
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Terence Michael
5 months
Helping a friend go through her PRENUP and found this interesting sentence! 👀 NGMI?
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Terence Michael
5 months
Bitcoin is one big “NO” for me. No authority. No rulers. No politics. No power structure. No hierarchy. No ranking. No investors. No lawyers. No pitch decks. No seed rounds. No bank debt. No shareholders. No board meetings. No alliances. No influence. No
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Terence Michael
1 year
10/10
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Terence Michael
6 months
Who else will be attending this upcoming course? Hope to see you there!
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@ProofOfMoney
Terence Michael
5 months
Thankful for all three of you! @LynAldenContact @dotkrueger @Excellion
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Terence Michael
4 months
Glad you all survived the 10 hour bear market of March 5 2024. We shall never forget.
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Terence Michael
5 months
I’m hiring Bitcoiners for my new investment advisor business. 17 locations across 4 states. Qualifications: you must respond to every client’s questions with “Bitcoin.” Just one word. Every time. Client: I see CD rates are 5% and… YOU: Bitcoin! Interested?
@saifedean
Saifedean Ammous
5 months
A cousin of mine met with a financial advisor, who explained to him his sophisticated investment products & showing him their track record. Cousin: That's nice. But buying bitcoin outperforms all of this and doesn't require fees or active management. Financial advisor: Good
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Terence Michael
9 months
@MarkYusko @Jeffpacheco @coryklippsten I listened to your entire interview with @MitchellHODL . You do highlight common problems with fiat and inflation that we all agree on. I also believe you understand Bitcoin as a technology. Where I think the discrepancy may lie is your misunderstanding (or you don't care?)
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Terence Michael
2 months
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Terence Michael
8 months
Saving in Bitcoin
@FitFounder
Dan Go
8 months
What would you consider to be a modern day cheat code?
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Terence Michael
5 months
Bitcoin still has 0 employees after 15 years.
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Terence Michael
1 year
“Is now a GOOD TIME to buy #Bitcoin ?” Honestly… NO. Here’s why: If someone has done the work and learned about #Bitcoin , then they already know the answer. They don’t need to ask. And if someone hasn’t put in the hours then they need to go and learn first.
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Terence Michael
1 year
🚨 #Satoshi warned all of us from the start🚨 There it is, for everyone to see, in the 2nd sentence of the White Paper: *************************************************** "... the main benefits are lost if a trusted third party is still required..."
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Terence Michael
9 months
🚨Normies think Bitcoin can be stopped. They see Bitcoin as a product or service (all of those can be stopped). Bitcoin is a set of rules. It’s a law. It’s code. 📐🧮♾️ As long as math and time can’t be stopped, then neither can Bitcoin. Good luck with that 💪🔥🚀
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Terence Michael
2 months
Well, I guess we've been wrong about Bitcoin. It's BLOCKCHAIN... not Bitcoin (it's 2024 not 2017)
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Terence Michael
2 months
Was unexpected when @panchris showed up last night to a @Swan Salon to share his orange-pill experience. More YAYS👏than he received at his Ohio State commencement speech for pushing awareness of Bitcoin in unwelcome places. Some fun boos😒along the way though as he dabbles
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Terence Michael
4 months
HODL… and buy the DIP!
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Terence Michael
1 year
9/10
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Terence Michael
9 months
I think @MarkYusko misunderstands some properties of Bitcoin. For instance, bitcoin, offers equal opportunity, but not equal outcome. That is just life. That is how a fair and egalitarian tool works. To say that bitcoin isn’t equally distributed is disingenuous. It is an
@BlockwareTeam
Blockware
9 months
Does #Bitcoin have a distribution problem? @MitchellHODL & @MarkYusko debate👇
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@ProofOfMoney
Terence Michael
4 months
With Plan B's S2F model resurfacing and Plan G's Power Law emergence... I decided to contribute to the conversation. Voila... my UP2THERIGHT LAW
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Terence Michael
3 months
Lots of concern about taxing unrealized gains. What do you call property taxes?
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@ProofOfMoney
Terence Michael
7 months
Drop the most iconic photo of you. Ok not iconic but fun. A young ScarJo on the set of my movie (first of two we did together). Friends for decades.
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@coryklippsten
Cory Klippsten 🦢 #Bitcoin is for everyone
7 months
Drop the most iconic photo of you! Here's me winning the university-wide three point contest, with the final round held at halftime of Mizzou vs Arkansas in December 1998
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@ProofOfMoney
Terence Michael
3 months
Hey @Coinkite ... How does my BlockClock accommodate $100,000 when we hit it later this year?
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Terence Michael
5 months
There's a new neighborhood. Entirely new houses with a new zip code. The realtors have them priced at $52k At that price, I'm tempted to buy one for investment. Thoughts? You see... my past savings can't keep up with the price of goods. So I need a better way. But turns
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Terence Michael
6 months
The best time to buy Bitcoin was 10 years ago. The next best time is... When FTX dumps Bitcoin on the market to pay creditors scammed by Sammy Bankless Fraud.
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Terence Michael
6 months
😂
@studybitcoin21
Aditya⚡️
6 months
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Terence Michael
1 year
You value your time⌛️ which is why you value #Bitcoin . Full stop 🛑. There's enough #BTC for each person in the U.S.🇺🇸 to own 0.063 #Bitcoin . 330 million people ➗ 21 million #Bitcoin 🟰 .063 Bitcoin😲 But this is wrong. 🧵👇
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Terence Michael
6 months
Bitcoin ETFs are listed on my Fidelity app! 👀 Just not tradable yet (obviously) H/T @BritishHodl
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Terence Michael
1 year
4/10
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Terence Michael
1 year
8/10
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Terence Michael
6 months
Imagine being so lazy (or comfortably numb) that you can't spend 1 hour to learn about Bitcoin. Instead, you'll spend 100,000 hours regretting it.
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Terence Michael
2 months
Thank you for your service, Hal 🎂❤️
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Terence Michael
1 year
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Terence Michael
2 years
@tmcg89 @WhaleChart He is tax harvesting. Selling and then buying back to lock in capital losses to offset gains in other areas.
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Terence Michael
11 months
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Terence Michael
2 months
One will work much harder for Bitcoin in the future. It will be the most desirable form of compensation because it can never be debased. TIP: Capture that future value at today's discounted prices. Work smarter not harder.
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Terence Michael
11 months
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Terence Michael
1 year
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Terence Michael
1 year
2/ First, I find it interesting that the latest MISSION IMPOSSIBLE's plot is entirely about a multi-signature setup. Everyone is chasing two halves of one key.
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Terence Michael
1 year
6/10
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Terence Michael
1 year
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Terence Michael
7 months
When people ask what we do at @TheBTCAdviser ... TLDR:
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Terence Michael
8 months
We love Bitcoin. We love the bull. And we deserve to. 🚨But WARNING 🚨 During this exuberance, remember to avoid leverage. FTX, BlockFi, Celsius - have cleansed the system. But wait... there's more! Like a cancer, new "banks" will pop up offering to custody your Bitcoin with
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Terence Michael
1 year
5/10
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Terence Michael
1 year
#Bitcoin is NOT insurance. Let's stop telling people this in an attempt to 🍊💊 Here's why... (short thread):
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Terence Michael
3 months
Don’t sleep on dips. Give Future You a gift of a lifetime.
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Terence Michael
8 months
We must be in a Bitcoin bull market. Dylan's background went from an empty dorm room to sophisticated gold furnishings.
@DylanLeClair_
Dylan LeClair 🟠
8 months
Something to ponder… What does a modern day sovereign default look like?
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Terence Michael
1 year
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Terence Michael
1 year
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Terence Michael
2 years
On Spaces right now… the lead singer ( @FossGregfoss ), guitarist ( @PrestonPysh ), bass ( @jameslavish ), keyboards ( @VailshireCap ) and drummer ( @LawrenceLepard ) from the band, Fiat Debt Spiral Looks like Sax player ( @JeffBooth ) didn’t make it. Music to my ears!
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Terence Michael
6 months
Did Satoshi improve the $100 bill?
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Terence Michael
3 months
Many of you know, @MitchellHODL is my tenant. But he's now 7 months behind in rent because he chose to stack sats while writing his new Bitcoin book under the flicker of Chick-Fil-A parking lot lights (I had to cut off his power). If you can't afford to buy his new Bitcoin book
@MitchellHODL
Mitchell 🇺🇸🚀
3 months
🇺🇸 The Conservative Case for Bitcoin: Hard Money & The Restoration of Traditional American Values 🇺🇸 There's tremendous overlap between #Bitcoin and Traditional, Conservative Values: - Property Rights - Limited Government - Free Markets - Freedom of Speech - Personal
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Terence Michael
3 months
I’m Bitcoin only. HOWEVER… One can probably get a quick $10k on either SOL, DOGE, or ETH. Place $42k on the one you like. As soon as it hits $10k… sell! Fastest way to $10k all day.
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Terence Michael
6 months
Was the SEC really hacked?? Or did Gary accidentally click SEND instead of DRAFT? 🤔
@GaryGensler
Gary Gensler
6 months
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
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Terence Michael
3 months
If the average annual salary is 1.0 Bitcoin, what will it be near the end of 2025? 0.3 Bitcoin? 0.2 Bitcoin? Will this trend down forever?
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Terence Michael
8 months
@ProofOfMoney
Terence Michael
8 months
Bitcoin... not CrYPtO
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Terence Michael
1 year
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Terence Michael
11 months
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Terence Michael
3 months
This is how I viewed Peer-to-Peer before Bitcoin.
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Terence Michael
5 months
🚨 JUST IN The European Central Bank says Bitcoin is bad! - It doesn't generate cash flow (like real estate) - It doesn't generate dividends (like stocks) - It isn't productive (like commodities) - It has no social benefit (like gold jewelry) *** Ironically, because the
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Terence Michael
11 months
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Terence Michael
5 months
So amazing and exciting FTX customers will be repaid 100% of all their Bitcoin. (quiet part, “at a lower price”)
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Terence Michael
11 months
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Terence Michael
1 year
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Terence Michael
11 months
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Terence Michael
11 months
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Terence Michael
3 months
@pete_rizzo_ Up and to the Right?
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Terence Michael
11 months
Thank you for reading and sharing. Let's orange-pill the world on #Bitcoin
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Terence Michael
4 months
If Bitcoin didn't exist... where would you place your dollars?
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Terence Michael
8 months
Wow! Someone figured out 12 years ago what most of us are just now beginning to grasp. 🤯👏
@smeet_bhatt
Smeet Bhatt — b/acc⚡
8 months
#Bitcoin is the Economic Singularity.
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Terence Michael
1 year
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Terence Michael
6 months
@Grxntdunnit @LoveIsBitcoin21 They’ll get it at the price they deserve
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Terence Michael
1 year
#Bitcoin is EARLY! 🐣 Human predictions suck when it comes to technological advances. We've seen/heard these grossly miscalculated predictions before. But here they are in one 🧵 Let them remind us just how far (and high) this going to go 🍊💊🔥🚀
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Terence Michael
2 months
@Vivek4real_ @coryklippsten @BitcoinMagazine @Swan Over 35,000 views in less than 60 minutes. Curious, what your threshold for engagement is.
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Terence Michael
1 year
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Terence Michael
5 months
Blocklock doing its thing today 💪🔥❤️
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Terence Michael
20 days
@Swan 🤣 Perfect!
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