„#Bitcoin are digital tulips.“ - R.I.P. #Germany.

BREAKING: #Bitcoin open interest exceeds $40 billion for the first time in history.

If she wins there will likely be a civil war/civil unrest which will accelerate us towards eradicating our corrupt government. If Trump wins we might have 4 decent years ahead kicking the can down the road. It’s all going to lead us to realizing we need to replace the communist system we’ve put into government

Thanks to Germany and Mt. Gox we get one last dip to stack before the #bitcoin bullrun🚀

𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗦𝗽𝗲𝗻𝗱 𝗬𝗼𝘂𝗿 𝗕𝗶𝘁𝗰𝗼𝗶𝗻

If you’re a #Bitcoin maximalist, you know the importance of stacking sats, hodling them with diamond hands, and never selling, no matter what the price does.

If you can help it, you should never sell your bitcoin, but 𝘆𝗼𝘂 𝘀𝗵𝗼𝘂𝗹𝗱 𝙨𝙥𝙚𝙣𝙙 𝗶𝘁, 𝗶𝗳 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆.

Here’s why:

It’s crucial that you both 𝗵𝗼𝗱𝗹 your bitcoin and 𝘀𝗽𝗲𝗻𝗱 it to help drive adoption and increase its utility as a medium of exchange. While hodling your bitcoin as a store of value is important due to its disinflationary nature and potential for long-term price appreciation, spending it is equally essential, in order to realize its full potential as a decentralized digital currency.

Spending your bitcoin and selling it differ in the sense that selling typically involves converting it back into fiat currency, which adds downward pressure (albeit minor) to Bitcoin’s price. On the other hand, 𝘴𝘱𝘦𝘯𝘥𝘪𝘯𝘨 bitcoin involves using it directly as a means of payment for goods and services, thereby bypassing legacy fiat intermediaries, and promoting financial sovereignty.

By actively spending bitcoin, you can contribute to the growing ecosystem of merchants and businesses that accept it, thus 𝘢𝘥𝘥𝘪𝘯𝘨 𝘵𝘰 𝘪𝘵𝘴 𝘢𝘥𝘰𝘱𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘦𝘧𝘧𝘦𝘤𝘵𝘴. This not only strengthens bitcoin's use case as a medium of exchange, but also helps to solidify its position as a viable alternative to fiat.

Furthermore, spending bitcoin helps to circulate the currency within the economy, facilitating economic activity, and promoting a more robust and self-sustaining bitcoin ecosystem. As more individuals use bitcoin for everyday transactions, its utility and acceptance will continue to grow, 𝘂𝗹𝘁𝗶𝗺𝗮𝘁𝗲𝗹𝘆 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗼 𝗮 𝗺𝗼𝗿𝗲 𝗱𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗮𝗻𝗱 𝗰𝗲𝗻𝘀𝗼𝗿𝘀𝗵𝗶𝗽-𝗿𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝘁 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝘆𝘀𝘁𝗲𝗺.

In conclusion, it’s essential to strike a balance between hodling bitcoin for its long-term value proposition, and actively spending it to support its use as a currency. By doing both, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗽𝗹𝗮𝘆 𝗮 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝗿𝗼𝗹𝗲 𝗶𝗻 𝗮𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗺𝗮𝗶𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗮𝗰𝗰𝗲𝗽𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗳𝗼𝗿𝗺 𝗼𝗳 𝗺𝗼𝗻𝗲𝘆 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗵𝗮𝘀 𝗲𝘃𝗲𝗿 𝗸𝗻𝗼𝘄𝗻.

Remember to give this a 𝗟𝗶𝗸𝗲🤙 and a 𝗦𝗵𝗮𝗿𝗲🔄, and add this to your 𝗕𝗼𝗼𝗸𝗺𝗮𝗿𝗸𝘀🔖.

🤔

Be extremely skeptical of anyone who wants to change the current state of the #Bitcoin network.

And even more skeptical of those who want to do it rapidly.