"#Bitcoin is the only monetary instrument in the history of our species that is fixed."
- Jack Muller
Probably nothing
Senator Cynthia Lummis on 🇧🇹 Bhutan: “Another country joins the Bitcoin race. America needs a Strategic Bitcoin Reserve as soon as possible to remain a financial leader in the 21st century.”
Eventually we will see tens, then hundreds, then thousands and millions of companies put all of their earnings into #Bitcoin as treasury reserves.
It is either thriving with #bitcoin or outcompeted by all the bitcoin reserve companies.
Are you bullish yet?
Excellent choices
You are still earlier than 99.x% of people on earth. Congratulations!
GM. Nice to wake up to $0.063M #bitcoin.
The document titled "Bitcoin: A Unique Diversifier" by $10 TRILLION financial giant BlackRock offers a detailed analysis of Bitcoin's role in modern portfolios, emphasizing its unique characteristics and potential benefits as an investment.
I am sure #bitcoin will make tomorrow better than today 🙏
GN
Excellent comment 🙏
nostr:note1t6urrtgqmg4xv6r95cgxex7c4jqpvjzdkcax5ds6m7kgc974ak5qq8llcd
#Bitcoin giving 0% yield is a feature, not a bug.
You could generate yield on #Bitcoin but 1) there will be introduction of some form of risk, and 2) it can only happen so long as the fiat system functions.
- Samson Mow
#Bitcoin at $0.062M. The Fed has officially kicked off the #bitcoin bull run🚀🚀🚀
#Bitcoin will go up forever and yet 99% of people still don’t know it. Still very early to join the bitcoin “gold rush”, plan accordingly my friends.
SUMMARY OF FED DECISION (9/18/24):
1. Fed cuts interest rates by 50 bps for first time since 2020
2. Fed sees 2 more 25 basis point rate cuts in 2024
3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut
4. Fed gained "greater confidence" that inflation is moving to 2%
5. Fed will "carefully asses incoming data" and evolve outlook
6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026
The long awaited "Fed pivot" has officially begun.
$500,000,000 of this will be used to redeem the 6.125% convert that matures in 2028. These converts have the highest annual interest expense at $30.6M. If they can get below a 2.5% rate on this new offering it opens up a lot of room for more converts in the future.
Oh, and they'll have another $200M for Bitcoin lol.
Very prudent move by Saylor and co.
