exactly.

nostr:nevent1qqsdtxwsgmw5n0jrq6h6wgrs8yks53nxtcregel8p36knlcqkhepkygpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlqpsgqqqqqqsdpq8uv

😭😢

I knew a lot of OGs were selling at 100K

Maybe, just maybe those individuals are selling #btc, to buy BTC treasury stock so that they can collateralise to re buy and self custody.

Sats are for people, not for company balance sheets or strategic reserves.

nevent1qqsdtxwsgmw5n0jrq6h6wgrs8yks53nxtcregel8p36knlcqkhepkygpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjsaelz94

Not good looking 🫣

Many companies, like MicroStrategy and Metaplanet, are acquiring large amounts of Bitcoin through leverage, such as convertible bonds and funds.

Recently, Nakamoto Inc acquired $710 million worth of Bitcoin, CEO David Bailey said, planning to buy more than MicroStrategy.

Interesting times 😎.

https://blossom.primal.net/77223fd22d27e9cdf194bc44af8193ae9c61d2c52a2da425210d2abde0905fb5.mp4

WNGMI

Double sad, because if more individuals had conviction, we'd be much higher.

I am of the opinion this was always going to happen. ETFs are also owned by individuals. If only individuals owned it, it would be a niche little internet project forever.

But yeah, people should not sell their bitcoin to a government or corporation, especially if you have heirs.

Inevitable

Buying Bitcoin is the easy part

I'm fairly certain the same thing is happening with purchasing power measured in fiat as well, just hidden under inflation and wellfare. Still, while most employers pay salaries in fiat (most people work regular jobs, unfortunately), there is a case for not spending your BTC on goods and services. Apparently Mr. Gresham was onto something.

Rest assured, though, that all my services will always be payable in bitcoin!

The saying "it's still too early" is heading to an end!!

Selling at that price is crazy 😜

Nothing wrong with businesses saving and using it!