#Bitcoin's market cap is back up to $1Trillion

We haven't seen this number since the end of 2021

Bitcoin passed 51K 🤯🤯🤯

Most people won't care about #Bitcoin    until 1 #BTC    is $1M+.

Think about how many people around you actually know what Bitcoin is.

My entire family had no idea what Bitcoin was until I started talking to them about it.

The majority of people don't have anyone telling them about this!

I ORANGE PILLED A 35 YEAR STOCK MARKET VETERAN TODAY 🔥🔥🔥

#bitcoin

If your #realestate portfolio can buy 100 #BTC today, eventually it will only buy 10 BTC.

If your #stock portfolio can buy 10 BTC today, eventually it will only buy 1 BTC.

If your savings account can buy 1 BTC today, eventually it will only buy 0.1 BTC.

Think about that. Let it marinate.

I just bought 148,153 #Satoshis for $100 CAD.

In 2068, 152,588 satoshis will be produced by the #Bitcoin    network every 10 minutes.

The entire world's hashing power will be used to produce a little bit more than what I bought today for less than 6 McDonald's meals.

Wild.

Bitcoin is down!!! 🤯🤯🤯

Before you freak out and start selling, let's zoom out.

Don't wait to buy Bitcoin because you're scared of the daily volatility.

Buy Bitcoin and wait 4+ years. It will be worth it!

If you want to learn more about Bitcoin, I wrote a massive thread explaining how it works and why it's here to stay.

The USD price for #BTC price went from $42,000 to $50,000 from Feb 5 to Feb 12

Today there's a slight pullback

Growth is never linear

You can't expect prices to just go up without slowing down at all

A reminder:

There will only ever be 21,000,000 #BTC

If you own 1/21,000,000

You own 0.00000004762% of the total monetary supply

1 BTC will cost $1M, then $10M, then $100M

Eventually, the only way to get more BTC will be to exchange your time for it

Goods don't need utility to work as money.

Goods with no utility work better as money than goods that DO have utility.

Goods with utility should be mass-produced so everyone can benefit from them.

Money should not.

This is why #Bitcoin is the best form of money we have.

If it costs less for a producer to create a good than what it's worth to the market, more of that thing will be produced.

It costs nothing to create dollars.

More dollars will be created forever, or until they are worth 0.

Bitcoin is not for a quick profit, its for making sure that money is not a factor anymore. It doesn't just make you rich, it makes you wealthy.

Keep stacking

I said this almost 2 weeks ago when #Bitcoin    was at $43,000.

ETFs held 657,000 #BTC    IN TOTAL.

Before today's trading, ETFs held 682,000 BTC.

Bitcoin is now trading at ~$50,000

ETFs bought an additional ~25,000 BTC since this tweet.

For a ~4% increase in total holdings (if you include an estimate of today's purchases as well) of BTC, the price rose 17%.

Supply is linear - there's a limit to how much BTC is available.

Price is not.

Price can go up as high as the highest bidder is willing to pay.

If anything, the amount of BTC purchased will DROP over time, and the impact on price will get BIGGER.

What are your thoughts on this?

Anyone know when/how #Bitcoin ETF issuers have to buy the #BTC for the day?

Do they buy as a lump sum at the end of the day or is it that theyre buying consistently throughout the day?

Welcome Logan

The US Dollar financial system is being revalued in Bitcoin.

Everything will be repriced in BTC, and MUCH lower.

Today, you pay ~9 #BTC for a new home.

12 years ago (this is the data I found) it was something like 60K BTC for a house.

A 99.9% drop in price.

And now $50k #Bitcoin 🤯🤯

Who sold after Bitcoin ETF approvals and didn't buy back?