Owning a #bitcoin ETF is like saying you have a girlfriend, but she lives in BlackRock's apartment and BlackRock sends you a picture of her every quarter.
Non-custodial exchange FixedFloat has been exploited for 💵 ~$21M in #Bitcoin, based on suspect on-chain activity 👀 "We confirm that there was indeed a hack and theft of funds. We will provide details on this case a little later."
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There’s about 60 days until the #Bitcoin supply goes from 900 —> 450 BTC daily. That is about 40 trading days. Assuming the ETFs continue to suck up $500M worth of BTC daily, we’re looking at ~ $20 Billion more to be deployed. That is 400,000 BTC. 🤯
If you listened to the maxis and stacked #BTC  as hard as possible through the deepest part of the bear market (even if you started during the bull), you have not only outperformed every other investment strategy on earth by a wide margin (except perhaps 100% long $NVDA), you are very likely sitting on a stack of #bitcoin  that you could not reasonably afford today. Perhaps multiples of your current income. This is why the tradfi big brain financial commentator types are fighting #bitcoin . It not only obsoletes them, it obsoletes them in spectacular fashion. They are Kodak seething at the digital camera.
Edward Snowden says "#Bitcoin  is the most significant monetary advance since the creation of coinage."
"#Bitcoin " google search trends worldwide, top 10 countries who most searched "#Bitcoin ": - El Salvador (6.3 mil pop) - Nigeria (213 mil. Pop) - Brazil (214 mil. Pop) - Netherlands(17.5 mil pop) - Switzerland(8.7 mil pop) - Austria 8.9 m - Slovenia - Germany - Canada - Czechia
Banks sent SEC a letter asking to change digital asset guidance because they want easier access to holding bitcoin. image
ETF holders will be stronger hands than we are used to because they will largely substitute for people who would otherwise have kept their #BTC on exchanges, but won’t be getting daily bull market push notifications from @coinbase encouraging them to rotate profits into some illiquid “top mover” shitcoin scam. This also means we will have a much less significant “alt season,”which was an artifact of volume-incentivized shitcoin casinos.
Here's the current progress of #Bitcoin becoming the most valuable asset on Earth: Gold Market Cap $13.60 trillion vs. $1.01 trillion ▓░░░░░░░░░░░░░░ 7% Upside: 13x Global Equities $99.38 trillion vs. $1.01 trillion ░░░░░░░░░░░░░░░ 1% Upside: 98x Global Net Worth $498.8 trillion vs. $1.01 trillion ░░░░░░░░░░░░░░░ 0.2% Upside: 494x
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