🥲 that is very kind of you! Writing a book is on my bucket list, I’ll have to get around to it one day!

BlackRock trying to add exposure to #Bitcoin  through other funds, in this case its Global Allocation Fund, begs an important question, how long before all funds have exposure to #BTC ? Well if BlackRock is setting the pace then game theory might play out faster than expected. The amount of adoption in the next decade will likely make everyone seem like they weren’t bullish enough…as always.

#Bitcoin  will continue to break records and models. Every price surge will add fuel to the fire of adoption, boy oh boy it’s spreading like wildfire. This metaphor is the only situation in which you shouldn’t listen to smoky the bear, or any bear for that matter, as not even the bulls are bullish enough.

This momentum that we are building isn’t the kind that will fade away over night. This is the type that wakes up with stronger hands and an insatiable appetite that grows as it devours.

There are assets that have the been running when denominated in #BTC , pricing assets in #Bitcoin  is my new favorite thing… EVERYTHING seems overvalued.

It’d be a shame if something were to cut new supply entering the market IN HALF…

Daily demand for #Bitcoin  ALREADY FAR OUTPACES daily issuance by 3.45x using average daily volume from February and current price (this is a conservative estimate of how undervalued I think #Bitcoin  is at the moment.) $236k could just be a candle away. If everything stays the same and is projected forward, this is the price #Bitcoin  would have to reach to restore equilibrium in supply and demand (something we might NEVER see again.)

There’s not enough #BTC  to go around and the only way to accommodate is for price to increase or rehypothecation. Self custody is key here.

We are still experiencing lingering effects from the longest #Bitcoin  winter ever seen *cough cough* Grayscale outflows…

But there’s deeper pockets on the sidelines than in Grayscale.

The entire world will be sidelined by the main event that is #Bitcoin , that is hope that we aren’t doomed as a civilization, but rather challenged to continue our growth hand in hand, peer to peer, and block by block.

The man who is responsible for the #Bitcoin ETFs, watching #Bitcoin break ATHs pre-halving as well as any preconceived models associated with #BTC: “😐BuT yOu GuYs It Is VoLaTiLe! 😭”

Don’t get your panties in a bunch Gary Gensler! You’ve made history, don’t ruin it.

The people who watched FTX crumble into OBLIVION and kept stacking, who watched chokepoint 1.5 take place immediately after with threats of a Binance collapse/takedown AND KEPT STACKING, and who has bought every dip, bop, and wiggle since $69k to $15.5k to $69k don’t care about volatility. I’d go as far as saying they don’t care about anything as much as stacking #Bitcoin. Much like a squirrel never gets as much satisfaction as adding another nut to its harvest before winter.

“Smart money” is just getting started in #Bitcoin. Don’t underestimate them, they have tricks up their sleeves, and when tricks fail, depth of pockets won’t. Sadly pockets don’t get much deeper than the players entering the game now.

Don’t let them become more convicted than you. This would mean they understand it BETTER than you. Conviction and understanding go hand and hand, especially with #Bitcoin.

Game theory continues. When the HODL gets tough, the tough HODL harder.

More capital in #Bitcoin means more capital for innovation. Whether directly or indirectly, you don’t have to be a maxi to use #Bitcoin for self betterment, using #Bitcoin for whatever purpose you desire will boost the growth of the network.

If you are reading this, you have weathered the storm, better days are ahead, but we have yet to reach the promised land.

🫡🧡

I tried zapping you but it said “error fetching lighting invoice” idk if it’s on my end or yours but I’ve tried multiple times and it’s not working 😭

Wen telepathic lightning transactions??

I like to push boundaries as any free thinker does, but please lmk what you mean sir!

Yes, but don’t sleep on cost of production! Why would someone sell #Bitcoin for less than it costs to produce?

(Energy prices may vary depending on geographic location)

Looks like the Federal Reserve has flip flopped back to saying it will likely cut rates this year…

The Fed’s fickle approach to their monetary policy does not instill confidence.

I prefer #Bitcoin.

Volatility should be in value, not policy. A drastic price change is less impactful on my life than a drastic unpredictable change in policy.

If #Bitcoin tanks, I’m incentivized to produce value and exchange it for a higher quantity of satoshis than I could have before. But, if the policy changes and interest rates rise, then somehow I end up having to work harder for the same dollar; just for it to buy me less and less.

I’m not ecstatic about the possibility of interest rates falling, because they never fulfilled their purpose in the first place, and this is why I opt out.

I’m tired of seeing the elite politicians selfishly wasting our tax dollars, trading insider information, and living a life of luxury. Then to turn around and ask for more, tell us to be honest and work harder, and live a life of frugality.

#Bitcoin is going to tear these crooked parasites into bits and pieces. The tables are turning. We have known mass suffering for the select few to thrive. Now it’s time for the select few to suffer.

They can kick and scream about how their wealth doesn’t go as far. We can tell them to work harder, eat crickets, and HFSP.

They thought they were inflating away our life savings, but in the end they will realize they abused their power until there was no more power to be abused. A reoccurring theme throughout human history.

Fiat maxis think we are nearing the end, and have been predicting the end of times since the 1400’s.

They are half right, it will be the end: the end of Fiat.

But it will only be the beginning of human existence still, due to #Bitcoin and the revolution that was started with the internet.

If you think of societal revolutions similar to the halving events that marks the beginning and end of epochs, then humans are entering our 3rd epoch and ending our 2nd.

The first revolution was agricultural, the 2nd industrial, and now we are smack dab in the middle of the digital revolution.

#Bitcoin is only the end as much as it is the beginning.

🥲 I like your answer

Coinbase going down during times of peak demand is almost as guaranteed as inverse Cramer.

The only difference is Cramer doesn’t custody for 90% of the #Bitcoin ETFs.

An irl friend called me in the middle of this post freaking about withdrawing altcoins, still in the process of orange pilling him, but coinbase is helping lmao.

ICYMI: I think Coinbase can still screw the pooch on the ETFs, and we could see something >= FTX. I’m not saying I think it will be intentional. Negligence to handle high traffic situations does not inspire confidence when it comes to a custodian, much less one with Coinbase’s responsibilities.

Rumor has it we are a fairy fart away from insane supply shock.

And don’t forget: NOT YOUR KEYS, NOT YOUR COINS.

LARPs will pretend ETFs have made self custody a thing of the past.

If I turn out to be correct, then quite the opposite is true.

FAFO my friends.

AGREED, this hard money will only get harder 🥵

#Bitcoin Or ₿a₿el?

I wonder if God would intervene with a world on a #Bitcoin standard before it reaches the heavens.

What has been set in motion can only be stopped by an act of God himself. A drastic one at that.

YOU ARE EITHER FIRST OR YOU ARE LAST

- Ricky ₿o₿₿y

Sadly, I get the feeling I’m still not bullish enough😥

$BTC.D (#Bitcoin dominance) is sitting at 53.25%.

I’m not a maxi (I totally am lol), I just figure there is no second best, and there never will be. Not to say I think it’s possible or realistic, but even if a altcoin flipped Bitcoin, it’s unlikely it would ever be able to attain a dominance like 53.25%.

Who’s the second best athlete if Lebron scores more points than all of the other players in the NBA combined?

DOES IT EVEN MATTER?

Not to me.

Everything is overvalued in #Bitcoin.

We are so early that #Bitcoin dominance is only measured against other digital assets. We won’t be as early when #BTC is 53.25% of ALL assets, but we will still be early from there.

Think I’m just an overly bullish maxi?

Well, keep in mind there are 8 billion brains on this planet. What happens when they start thinking about #Bitcoin?

Ask a maxi what happened when they started thinking about #Bitcoin. It’s the only thing every maxi has in common: we thought about #Bitcoin, and it made so much sense that it changed our world view. It changed our values, it changed our incentives. We aren’t identical, we are unique, and we are uniquely aligned by a decentralized, peer to peer network.

Institutional interest in #Bitcoin is only heating up.

Only the under educated think there’s a downside to using the hardest money.

What was obvious to you is becoming obvious to everyone.

What will this number be in a decade?!🤯

>19.6m #Bitcoin have been mined so far. <1.4m #Bitcoin are left to be mined between now and 2140…

We are about to experience absolute scarcity to a degree never before seen.

We are so early people still consider holding an ETF over the real deal 😉

It’s helpful to make #Bitcoin mining more profitable, but it isn’t necessary. Only the most efficient and well equipped miners will make it in the long run.

The forces that keep #BTC mining decentralized extend beyond the network and attaches itself to energy availability in the real world.

#Bitcoin doesn’t just incentivize finding cheap and abundant energy, it incentivizes the world to produce MORE cheap and abundant energy. The degree to which we have already seen this is minimal, I expect its effect to be exponentially correlated with mass adoption.

The future I’m stacking for is one where instead of turning the money printer on in times of crisis (or clarity); we turn UP our energy production through whatever means necessary.

What would YOU rather give your children: more debt or more energy?

Does more energy mean more pollution for the environment?

Not in #Bitcoin’s case. While #BTC won’t turn down energy because of its means of production. When it comes to which type of energy #Bitcoin incentivizes, it’s cost effective energy. Dirty energy isn’t cost effective, but clean energy is.

FUD against #Bitcoin mining and its energy consumption is FUD against a sustainable future, and ignorance is not a valid excuse when it comes to OUR future.

Believe it or not an unsustainable future is no future at all.

It’s is #Bitcoin or die. Don’t be mistaken.

Will an empire on a #Bitcoin standard fall like its fiat predecessors? It’s possible we will never know. 😉

#Bitcoin will surpass gold, and you will still be early.

A 1-3% allocation is just the first baby step that will ultimately lead to hyperbitcoinization (100%).

What has been set in motion cannot be stopped.