Capital gains in the US on #bitcoin is the only hurdle holding it back from everyone using it as a medium of exchange. Paying taxes in #BTC, purchasing houses, cars, and any products priced over $10k makes sense first if #btc becomes legal tender. This is just a matter of time. LN will see increase in usage by 10x for coffee type of purchases. Scarcity of block space will mark fees at 100x of the current levels easily. Act accordingly and store #UTXO in 1mm stat chunks at minimum.
It’s wild that you’ll catch up and surpass all your real estate wealthy friends because you have the fastest horse in the race. Even though you told them a number of times, they only allocated a tiny fraction of fiat to #bitcoin. I am the only one I know IRL that intentionally sold investment RE and used nearly all the proceeds to purchase #BTC. I know many more of you here that did the same. :)
What a #bitcoin candle today! $12k move in less than 6hrs. Now, that’s a good thing - it’s a positive indicator that almost all of the leverage has been flushed. $15-$20k daily candles are coming soon. #btc is about to rip to the upside and any dips are for buying.
My hunch is that Russia is buying #bitcoin. Not sure they announce or it simply leaks. This plays into the part of the bull run cycle where FUD gets political. Geopolitical, actually. Every nation will have to say something about it to address it. There will be positive takes and negative takes. I expect mostly negative takes by mostly G7 states and the EU. At that point, expect volatility in #btc.
I didn’t realize @Michael Saylor had 3.7MM followers on X. That tells me a lot of people are watching but haven’t pulled the trigger. Especially big money decision makers. #bitcoin will be so obvious so quickly. Don’t be left behind and get some #BTC. You won’t regret it.
Under $100k per #btc consolidation might take a while. There will be attempts to hit it. Don’t get discouraged if it takes a couple of months. #bitcoin
Just used LN for instantly sending $350 of #BTC. Flawless. I remember when you couldn’t send $100 worth. No invoices, just a lightening address. As easy as email. It’s getting better by day. How much have you sent without issues?
How is PayPal still not in the #bitcoin backed loans game? Figure will benefit immensely by being first.
Remember that shitcoins are an attack vector on #bitcoin like anything else that’s trying to dilute its value and pretends to increase the supply of 21 million. They are parasites piggybacking on the #btc success. We must fight back as a community. Not many wars are won by being passive. Not many parasites go away on their own.
All Bitcoin people are trying to exactly avoid this, while the #eth crowd, that’s more prone to gov attacks, actually invited this.