The "supply shock" in the short term is actually an illusion.

Currently, long-term holders are distributing the largest amount of BTC since 2021. In the last 30 days, participants from earlier in this cycle have sold over 640,000 Bitcoins, which have been proportionally acquired by short-term holders.

This process of hand-to-hand transfer results in waves of profit-taking, but these sales are absorbed by new participants in the network. The idea that buyers will accumulate Bitcoin and never spend it again clashes with the reality of profit-taking.

While the supply shock is real in the long term, due to the reduction in network inflation (currently 0.8% per year) and the loss of coins, in the short term, this doesn’t materialize.

Today, despite the decline in exchange reserves, anyone interested in buying can still do so. When the time comes when buying is no longer possible, that's when we'll start talking about the supply shock. Will it happen tomorrow? In 10 years? We don't know.

In the meantime, take advantage of the fact that there are still coins available.

If you had to lose one of the five senses which would it be?

#askNostr

Women shovelling snow it booty shorts is next level. Just witnessed this. 😂

I am raising my target for #Bitcoin to $1 trillion per coin because (Hyper-)inflation is an inherent flaw in the fiat system. History shows that no fiat currency has ever survived - and this time will be no different. It don’t know when, but it’s inevitable.

Amazon shareholders propose adding #Bitcoin to it's treasury

WILD

A tax is a fine for doing well.

There will never be more than 21M #Bitcoin, yet there are infinite potential IRS utility tokens.

It doesn’t take a rocket scientist to figure out which is the better savings.

Moustache till a mill

The truck belonging to "town bully" Ken McElroy, following his murder in broad daylight on July 10th, 1981. Despite more than 40 witnesses, no one admitted to seeing the crime, and to this day, no one has been charged.

JUST IN: 🇺🇸 FED Chair Jerome Powell says #Bitcoin "is a competitor with Gold, not the US Dollar."

I'm saying this now before new years and starting now, my goal for next year is to completely unbank myself. No ties to fiat. I want to have full control of my money.