Replying to Avatar Bitcoin for Freedom

Things are lining up for #bitcoin bull:

- US Debt: $34.8T

- Only 450 BTCs mined per day

- Spot ETFs have bought 1M BTC

- 156 days until presidential election

- Saudi not renewing Petrodollar deal

- M2 money supply increasing since Feb

- 71k BTC taken off exchanges last week
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tulkooo 1y ago

Spot ETFs haven't bought 1M BTC tho

Grayscale bought 619k pre-ETF era and if we subtract their current holdings which is ~286k #BTC then newborn 9 bought around ~571k #BTC

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