I had a small balance on #Phoenix custodial. Am I just sol on those funds? Tried draining the wallet 2 days ago but it’s still waiting on confirmations. #asknostr #nostr #bitcoin

‼️ Bullish Bit: #Bitcoin in self-custody

Assumption: BTC will grow at a modest rate of 35%/yr.

Given the current global landscape, the actual numbers could be more bullish, but this serves as a good baseline, IMO. Stay strong.

Thoughts below 👇

#bitcoin twitter feels so black pilled right now. #nostr feels just slightly better.

JUST IN: Today's $38 million inflow marks the 71st consecutive day of inflows for $IBIT 👀

BlackRock's #Bitcoin ETF now has the 10th longest streak of inflows for a new fund in ETF history.

This is unlike anything we’ve seen

US government interest payment has crossed $1 TRILLION

ETFs Update: Net inflow 932 #BTC (69% lower than average since launch).

- Reduced outflows from Grayscale,

- Reduced inflows into other ETFs.

I never understood "70k is a rounding error" until someone explained this - one day bitcoin will be $10.59M and will drop by 70k to $10.52M, and you won't really notice or care.

#bitcoin

❗ ANZ Bank to deny ALL transactions to crypto exchanges by default. WAKE UP AUSTRALIA.

As the war on cash rages on, the digital architecture for future control is being put in place ☠️

To hell with the banks and their pacific peso. Opt out before it's too late #Bitcoin

When I started out on my self-directed journey to better understand personal finance about 6 years ago (admittedly late in the game), I quickly came to align with the “Financial Independence Retire Early” #FIRE movement.

What I most appreciated is that the FIRE movement provides a narrative and lifestyle framework by which to live and consider one’s relationship to money. In #Bitcoin  parlance, that framework is “low time preference”. It includes learning how to progressively spend less than one earns; how to find everyday life hacks; and, ultimately, how to make the most scarce resource of all (one’s time) the goal of living and investing via early retirement. Live life, make life beautiful, one could say.

Fast forward. I’m now four years into my journey with #Bitcoin  #BTC  and I see a clear alignment between FIRE and Bitcoin on multiple levels. These include: smart investing (longer-term ROI); low time preference; and, individual sovereignty over one’s resources, decisions and time. It couldn’t be more glaring.

It therefore puzzles me that more FIRE adherents and content creators have not tuned into the importance of Bitcoin. My theory is that FIRE has established a firm foothold already and is heavily influenced by experiences from the 40+ year history of “how to” in a low interest rates, with emphasis on housing financialization and dividend investing.

I believe that the core values of low time preference and self-sovereignty remain intact, but that the majority of FIRE adherents have fallen prey to the common misperception of Bitcoin as a “risky and speculative” asset and have conflated Bitcoin and crypto.

At some point, this will change and a sufficient number of FIRE adherents will come to appreciate the numerous layers of alignment between FIRE and Bitcoin. That essentially reflects my own personal finance thesis/position related to Bitcoin (BTC).

Now, when some of these FIRE adherents who ALSO care about human rights, fairness, global development and generally building a better world come to understand the macro political, economic and civilizational importance of Bitcoin…watch out!

If you are a FIRE adherent but haven’t yet begun studying Bitcoin, I highly recommend you take that step. It’ll take some time and work. It can be a bit disorienting at times. But you’re used to that, I assume, if you’ve already taken steps to explore and implement a FIRE plan.

Best wishes, and one love y’all!

✨ The #Bitcoin  price when each halving happened:

2012: $10

2016: $650

2020: $8,800

2024: $6X,XXX

Adding a 0 every time 👏

So blessed to have stacked in this fourth cycle with all my family here

Onward into the fifth cycle!

Sound money forevermore.

Thank you #Satoshi

#Bitcoin 🧡

#Bitcoin ⏰️

How much #bitcoin are we buying tomorrow to commemorate the halving? #asknostr

Yeah but the suits want it, and then will be incentivized to grow the network for their gains.

I keep waiting for #bitcoin's "then they fight you" stage but I the incentives are so aligned that we might just skip it

The #Bitcoin halving is a crucial event for the cryptocurrency, programmed into the algorithm governing its issuance of new currency. This event occurs approximately every four years and involves reducing the reward for miners who confirm transactions on the #Bitcoin network. This means the amount of Bitcoin generated each day is halved, leading to a decrease in the supply of new currency.

The significance of the halving lies in its impact on the availability of Bitcoin in the market. By reducing the supply of new #Bitcoin, the halving can affect the balance of supply and demand, potentially influencing the price. Historically, halvings have often resulted in a price increase for #Bitcoin, as demand remains constant or increases while the supply decreases.

Additionally, the halving is also a crucial moment for the security of the #Bitcoin network. As the miners' reward decreases, there is greater economic pressure on network participants to maintain the mining infrastructure, while ensuring the security and stability of the network.

In summary, the #Bitcoin halving is a significant event that affects the supply of Bitcoin, its price, and the security of the network, representing a fundamental aspect of its economy and operation.

Just placed a buy order, trying to get one last bite before the halving but Fiat bank rails might take up to 24hrs to process the transaction... 🤦🏻‍♂️ Will I get my sats before the halving?... let's see! 😅

#Bitcoin #fiat #halving

#bitcoin. Insert whatever cost basis you want same vibe.