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Carl B Menger
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Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/

Global Debt 🚨

Global debt has grown to $315 trillion this year, where around 2/3 originates to mature economies, especially Japan and the U.S.

Household debt, including mortgages, credit cards and student debt alone amounted to $59.1 trillion.

BREAKING: Unrealized losses in the U.S. Banking System increased to $517 billion in Q1

Let us speak the truth: #Bitcoin

The Blackrock Spot #Bitcoin  ETF $IBIT has grown to become the "fastest growing" ETF in history, reaching $20bn in assets within only 137 days.

#China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.

#Bitcoin is not about making money, #Bitcoin IS money.

The best life hack I introduced the last month is to practice Spanish with Duolingo everytime I take a shit. - Es el día 68 y contando.

Mierda que pasan, aprovéchalas. - „Shit happens, make the best out of it.“

Just a couple of months. Started building a practice habit everything I take a shit. Lol

37.5 million Germans owning a „Sparbuch“ (special savings account) with an average interest rate of 1.5%, while inflation is officially at 2.5% and unofficially at 10-15%.

It's unbelievable how many financially illiterate people are living on this planet.

¡Avanzado al nivel 2! Estoy listo para El Salvador. ¡Vamos, joder! 🚀

Only. LOL How much did you stack this year so far?

Wealth is what you (and governments) don’t see. The cars not purchased, the diamonds not bought, the renovations postponed, the clothes forgone, and the first-class upgrade declined. It’s assets that haven’t been converted into (unnecessary) stuff. It‘s #Bitcoin  in self-custody.

BREAKING: Japanese Public company, #Metaplanet announces to purchase additional #Bitcoin  worth ¥250 million authorized by company’s directors.

BREAKING: „The time is ripe to cut interest rates next week“, European Central Bank's Rehn says.

https://www.euronews.com/business/2024/05/27/fresh-hint-that-ecb-might-be-set-to-cut-interest-rates-at-june-meeting

Med tech stock Semler Scientific takes #Bitcoin play from #MicroStrategy's book, shares surges 37%.

Another domino has fallen.

If you’re not bullish on #Bitcoin, you’re not paying attention.