๐งต The
#Bitcoin
financial services market is extremely fragmented. ๐ฎ
Meet RHINO: Your simple and secure one-stop wealth management solution built on top of the best money in human history,
#Bitcoin
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1/
1,000,000 Sat Giveaway!
To celebrate the kickoff of 2024's biggest week in Bitcoin we are sharing the love by sending out sats!
To participate, simply:
1. Follow
@RhinoBTCapp
2. Like this post
3. Comment with a GIF
4. Retweet this post
Ric Edelman, founder of the Digital Assets Council of Financial Professionals: "I'm anticipating $150 billion of net inflows into
#Bitcoin
ETFs by the end of 2025, we are at $5 billion now"
Anthony Scaramucci: I don't read too much into this drop in
#Bitcoin
. If you look back to the run-up from $3,800 to $69,000 in 2021,
#Bitcoin
pulled back over 10% 13 times.
Anthony Pompliano: For people 25 and younger, the S&P isn't their benchmark,
#Bitcoin
is. As they age, this will lead to
#Bitcoin
in everyone's portfolio.
Tom Lee: I see
#Bitcoin
going to $150,000 in 2024 because of three factors - you have demand increasing with the ETFs, supply shrinking with the halving, and the Fed eventually easing.
Brash, bold, and enigmatic, few have spread the gospel of
#Bitcoin
as far and wide as
@maxkeiser
.
His decade-long journey of orange-pilling the world has been marked by numerous iconic moments.
A ๐งตthread of Max's greatest highlights caught on video.
BREAKING: Milei ends his speech at the WEF meeting in Davos today praising business people around the world, saying "The state is not the answer, the state is the problem itself, you are the true protagonists of this story"
POMP: Most people come to
#Bitcoin
because they want to make money. As they hold it, they start to learn more - going from speculators to advocates of sound money principles.
Seven lucky winners will be chosen at random from the qualifiying participants on Wednesday 7/24 at 12pm ET
The sats will be sent out in the following denominations:
One 300k sat winner
One 200k sat winner
Five 100k sat winners
Hope to see you in Nashville!
A recent local Georgia news report outlines how a new
#Bitcoin
mine could generate up to $6 million annually in local taxes, potentially reducing property taxes to zero.
Happy Birthday to the one and only
@maxkeiser
๐
Here is a 1987 CBS news report where he enthusiastically comments on the yuppy class's decline following the Black Monday stock market crash.
Tom Lee: With the Mt. Gox overhang being resolved this month, itโs a good bet to expect a rebound in the second half of this year. $150k for
#Bitcoin
in 2024 is still in play.
Grayscale's Chief Legal Officer Craig Salm walks through their legal battle with SEC in trying to turn GBTC into a spot
#Bitcoin
ETF ๐
"We are ready to operate GBTC as an ETF today" ๐
Why does the US have a $34 trillion debt?
Who owns this debt?
Why does the US keep increasing it?
Get answers to the questions you've pondered.
Study
#Bitcoin
Anthony Pompliano: Every generation has one trade that defines them. Our generation has woken up to they fact they have to debase the currency. You want to get into hard assets -
#Bitcoin
has been the big winner there.
Since first adding Bitcoin to his balance sheet in 2020, Michael Saylor has taken the Bitcoin scene by storm.
With MicroStrategy now holding over 1% of all Bitcoin in circulation, he has achieved legend status.
But how did
@saylor
become the BTC Gigachad?
A video ๐งต
Anthony Pompliano: The dollar is down 25% in purchasing power terms since 2020,
#Bitcoin
in that same time period is up 800%.
People are realizing that if they store their wealth in
#Bitcoin
, everything gets cheaper over time.
๐ณ๐ฟ NZ Central Banker Adrian Orr says they are "critically concerned... about alternatives to the dollar such as
#Bitcoin
"
He states
#Bitcoin
is "not a store of value, medium of exchange, or a unit of account" and it is not a "substitute nor a complement to" fiat currency.
Tucker Carlson: The promise of
#Bitcoin
ย is not just โgetting richโ from Bitcoin. The promise of
#Bitcoin
ย is youโre independent of control by the people who devalue currencies since Rome.
Anthony Pompliano: Once we go through at the halving, we could be at 20-25X more daily demand for
#Bitcoin
than what the network is producing everyday.
The 1,000,000 Sat Giveaway is officially concluded.
Thanks to everyone who has participated.
We will be collecting all the names and will be drawing winners shortly.
Stay tuned!
Mark Yusko: โIn 2024 we'll have a celestial alignment of events. The four-year cycle in
#BTC
, the halving, a wave of liquidity from spot
#Bitcoin
ETFs, and a slowing economy that will force the FED to lower interest rates."
BitGo CEO Mike Belshe: We've seen hedge funds come into the
#Bitcoin
ETF, pension funds are coming, and endowments are already here.
It takes some time to go through investment committees but we are starting to see that run-up happen now.
Anthony Pompliano: Wall Street, the smartest investors in the world, have been boxed out of the best investment in the world -
#Bitcoin
- and they are now ready to allocate.
Tom Lee: "Institutional adoption and infrastructure around
#Bitcoin
is only beginning and that makes
#Bitcoin
a bonified asset class. Widening ownership will propel
#BTC
to $150,000"
1) Ten years ago this month, when
#Bitcoin
was less than $600,
@BitcoinPierre
wrote the seminal essay, โSpeculative Attack.โ
In it, he foresaw how BTC wonโt be adopted by the mainstream but forced upon them by economic reality.
Letโs dive into this prescient article. (a ๐งต)
Anthony Scaramucci: FTX will soon return $16 billion in cash to customers. This could be a boon for Bitcoin, as we expect 40-50% of that amount to flow back into digital assets.
Anthony Pompliano: Gold has not been able to preserve purchasing power effectively over the past 5 years, as inflation has outpaced it.
In contrast,
#Bitcoin
has demonstrated its ability to maintain purchasing power during this time.
Chamber of Digital Commerce CEO: The 19 Senators who signed on to Elizabeth Warrens Anti-Money Laundering Bill had no idea that it would effectively ban
#Bitcoin
in the ๐บ๐ธ US ๐
๐ฌ๐ง The UK holds over 61,000
#Bitcoin
, making them the 3rd largest nation-state BTC holder.
There have been recent calls for them to sell their stack to fund the new Labour governmentโs agenda.
Will they make the same mistake as ๐ฉ๐ช Germany?
Preston Pysh outlines two potential outcomes for the spot
#Bitcoin
ETF:
1) Wall St. and the government collude to rug-pull the substantial
#Bitcoin
honey pot generated by the ETFs, leading to public distrust in
#Bitcoin
.
2) Wall St. safeguards
#Bitcoin
after profiting from it.
1) Seven years ago this week marked a historic win for Bitcoin plebs and node runners with the UASF.
This pivotal event allowed the Bitcoin community to take control and win the Block Size Wars.
A ๐งตon how August 1, 2017, became known as Bitcoin Independence Day.
Bitcoin has withstood recent sales by the ๐บ๐ธ US government, the ๐ฉ๐ช German government, and ๐ณ Mt. Gox liquidations.
And the price is still above $65k?
Thatโs called resilience.
Central banks from countries like ๐ณ๐ด Norway and ๐จ๐ญ Switzerland are gaining increasing exposure to Bitcoin by acquiring larger positions in MicroStrategy stock ๐
"Build the plane, fly the plane, show people that it's not gonna break, this is what MicroStrategy did"
- Michael Saylor reflects on his company's
#Bitcoin
strategy.
Scaramucci: Democrats believe the crypto vote is too small to be pivotal in an election.
However, if just 3% of crypto owners are single-issue voters, thatโs 1.5 million peopleโ it's a risky strategy to overlook them.
When asked if there would ever be a
#Bitcoin
price at which MicroStrategy would slow down its BTC accumulation, Saylor had a one-word answer: "No." ๐
The U.S. now adds $1 trillion in debt every 100 days, signaling a potential debt spiral.
Watch
@peruvian_bull
break down his Dollar Endgame thesis in under 2 minutes.
โWith a
#CBDC
every transaction can be taxed, kept track of, generate money for banks on the friction. Nothing is invisible, and that takes away a lot of our freedom,โ says ๐บ๐ธ US presidential candidate Robert Kennedy Jr.
Matthew Graham: Bitcoin and gold are fundamentally different assets: gold is typically seen as risk-off, while Bitcoin is considered risk-on.
However, this distinction could shift in an extreme scenario, such as a dollar collapse.
Max was ahead of the curve on Bitcoin.
In this 2011 episode of the Keiser Report, he called it a rising trend and predicted a seismic shift from โthe old way of doing business around the world, to the Bitcoin way of doing business.โ