Gotta keep clearing this type of stuff out.

Everyone is so focused on nation states, meanwhile retail keeps buying alts and memes instead for a quick buck.

I know how strongly everyone here feels about "other crypto". I get it. But Trump just told all those "shitcoin" firms to re-shore their operations. He's about to claim a big win for American jobs. Good ones.

And... (I'm not picking on you, I just feel like the only one who sees this) *some of* those shitcoins are really NOT ACTUALLY EVEN COINS. And they're DEFINITELY NOT COMPETITORS to Bitcoin. Some of them will be very useful to the world of mainstream eCommerce and international financial institutions and many will end up working with Bitcoin to create solutions we haven't even imagined yet. But NONE OF THEM want to replace (or threaten the position of) Bitcoin. Truly, I'd be willing to bet that every single one of those crypto bros at the table yesterday owns Bitcoin.

I wish everyone would stop going on about shitcoins. It's embarrassing.

For years, we’ve heard that markets forward looking. But now, the US has just announced a Bitcoin Strategic Reserve, and the market… doesn’t care? Seriously? A move this big, one that completely changes how governments interact with Bitcoin should be shaking things up. But instead, everyone’s stuck on short-term noise, totally ignoring the bigger picture. It’s not just surprising, it’s ridiculous. The complacency is not just baffling, it’s irrational. I dont accept that. Once people really get what’s happening, you won’t believe how fast things will move.

I like the coin.

Bitcoin’s market cap and fiat price are based on the reported circulating supply, but here’s the catch: it doesn’t account for lost coins. A huge chunk of Bitcoin is gone forever, locked away in lost wallets, forgotten keys, and mistakes people can’t undo. Since those sats are never coming back, the actual circulating supply available to the market is way smaller than what’s “technically” reported. That means Bitcoin’s real value in fiat terms is actually much higher than what you see on the charts, making each sat even more scarce and valuable than most people realize.

The Atlanta Fed’s estimator for Q1 GDP growth, which gets updated based on various economic reports as they roll in, currently looks like a cartoon:

During interviews, I get a lot of questions about the potential for a strategic bitcoin reserve and how it may affect price.

I typically answer by talking about how I tend to take the 'under' on the prospect for a bitcoin reserve. In other words, as a base case they might recategorize currently-held bitcoin, might add a bit, etc. My lesser case is that they go and actually buy a lot, which would positively affect price, sure. I then go on about how, my long-term bullishness of bitcoin is not dependent on that, and I'd rather structure my view to assume a baseline and potentially be surprised to the upside on price within a given period, rather than focus on singular bullish catalysts and then be surprised to the downside if those specific things don't materialize.

That's Lyn Speak for "I find this question really boring, please stop asking me it."

Damn, I bought at the top. 😂

#GM FREN HAVE A FABULOUS 🌟 DAY TODAY

The Federal Reserve's Reverse Repo Facility balance has collapsed to $85B—its lowest level in over 3 years.

Liquidity is vanishing fast.