This is the big concept that most people, including financial types, don’t understand yet. The 🇺🇸 reserve status (both treasuries and currency) is ending. It must end so that the factories can return and USA can rebuild. This is why the SBR is so important. It boosts BTC over gold to keep the USA in the driver’s seat. If Trump’s team were smart, they would headfake with “no SBR” and then scoop coins and then later “change their mind” after a few weeks.

Lots of signposts that the former USD-centric system is dying. The fact that India and others are buying gold makes it more likely IMHO that the 🇺🇸 moves into BTC as quickly as they can.

Another influential fund piles in. Helps to motivate others to do so.

Another look at this cycle and how it compares to prior ones. Most people are expecting that the declining returns will continue, to put this cycle (orange) below last cycle (purple). I don’t think so. I expect this cycle to be above purple, closer to green. A lot depends on the size of the SBR. I also expect this cycle to look like blue, with two (or more) peaks. This cycle is shaping up to be a lot more volatile than purple (both up and down). HODL - hold on for dear life …

https://xcancel.com/bitstein/status/1857793075440926913#m 👆Good thread on saving demand vs speculative demand

https://xcancel.com/SimplyBitcoinTV/status/1858185189941297303#m RFK Jr on putting all of his savings into BTC

https://xcancel.com/alexandrosM/status/1858273343419695507#m If you were Putin, what would you do?

https://xcancel.com/DSBatten/status/1857845062991769918#m 👆many insightful responses. Interesting how another purpose of BTC is to transfer wealth and power from statist “big-govt” people to more libertarian, “small-govt”, freedom-loving people. We saw that in this election and how successful the BTC PAC was at eliminating reps who were anti-bitcoin. Bodes well for the future if wealthy and powerful people just want to leave others alone.

https://xcancel.com/Dennis_Porter_/status/1857887833312125217#m 👆👀 update from Porter on the states and countries working on SBRs

We watched how degens used options to send GME to the moon. You can’t issue more BTC so BTC has no pressure release. Could even be more volatile. 📈