Bitcoin OG's look and act like Zionists in the Matrix🫣- especially Adam


To #Bitcoin investors:

Ouch. The past few years have been a wild ride in both traditional financial markets and the #Bitcoin space, particularly for Bitcoin holders. As of this moment, Bitcoin’s price has experienced significant volatility, with massive drawdowns from its all-time highs. Yet, despite the fluctuations, by many metrics, Bitcoin is stronger and more widely accepted than ever before.

● The number of unique Bitcoin addresses surged to over 140 million in 2024, from 90 million in 2020.

●Bitcoin’s market cap, while volatile, still grew to over $1 Trillion at its peak, and has maintained the trend also in 2024.

●Proportion of transactions on the Bitcoin network related to institutional investors grew from 10% in 2020 to 40% in 2024 as corporate treasuries, hedge funds, and public companies increasingly added Bitcoin to their balance sheets.

●Layer 2 solutions like the Lightning Network saw an 800% growth in usage, helping to reduce congestion and transaction fees during periods of high activity, which historically plagued the network during bull markets.

●Average daily volume for Bitcoin futures and ETFs rose by 300% as institutional interest in hedging and gaining exposure to Bitcoin without holding the asset directly increased.

●International adoption grew to record levels, with developing economies in Africa and Latin America adopting Bitcoin as a hedge against inflation and local currency instability, further legitimizing its use as a global store of value.

In the macroeconomic environment:

Central banks across the world embarked on aggressive monetary tightening, reversing ultra-loose monetary policies that fueled speculative bubbles in risky assets, including Bitcoin, post-2020. As interest rates rose, liquidity shrank, and Bitcoin entered a period of consolidation.

Inflation spikes in key economies, combined with the debasement of fiat currencies, fueled Bitcoin's parabolic run between 2020 and 2021, where its price surged over 400%. However, with inflation peaking and tightening policies setting in, Bitcoin faced headwinds from risk-off sentiments. Bitcoin's narrative as “digital gold” strengthened in response to economic uncertainties, with the U.S. dollar losing purchasing power and geopolitical tensions rising across key markets. Gold prices may have stagnated, but Bitcoin was viewed as a hedge against monetary devaluation.

Countries facing economic instability and capital controls (e.g., Argentina, Lebanon) accelerated #Bitcoin adoption to safeguard personal wealth and facilitate cross-border transactions, driving up demand for the currency.

So, if the #Bitcoin network is more robust today than it was four years ago, why the price consolidation so dramatically from its all-time highs? As the famed investor Benjamin Graham said, “In the short term, the market is a voting machine; in the long term, it’s a weighing machine.” Bitcoin’s wild price swings reflected a mixture of speculation, macroeconomic changes, and shifts in liquidity. There was a lot of "voting" going on in the 2020 boom cycle, driven by retail exuberance, loose monetary policy, and FOMO (fear of missing out). Now, Bitcoin is moving towards less speculative, more foundational adoption with long-term utility.

The fundamentals of #Bitcoin remain strong, with adoption growing, layer 2 scaling solutions improving, and macroeconomic conditions still favoring the need for sound money alternatives. We are building a future where #Bitcoin plays a critical role in financial markets, and over time, we believe this will be recognized.

In the meantime, we keep our heads down, running a more resilient, decentralized financial network.


The government of Zimbabwe has gazetted a new regulation, announced by the Reserve Bank of Zimbabwe (RBZ) last month, restricting the amount of USD cash travelers can carry out of the country. Under this regulation, travelers are now allowed to carry a maximum of US$2,000, reduced from the previous limit of US$10,000.

🙂↕😂


Delete Coinbase


saw a trailer some weeks back


Hard to be proven but very easy to feel and experience


You think $1 Million is Crazy?

Meet Hal,
A week after #Bitcoin went live in 2009, predicting $10 Million 🤯
nostr:npub1ptvgcvtea5vrwkn2v7klqy9lcrf3k0fqlqkc2fwje45phgtn97kqrdnk9f

As an amusing thought experiment, imagine that #Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should be equal to the total value of all the wealth in the world. Current estimates of total worldwide household wealth that I have found range from $100 trillion to $300 trillion. With 20 million coins, that gives each coin a value of about $10 million.

So the possibility of generating coins today with few cents of compute time may be quite a good bet, with a payoff of something like 100 million to 1! Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to one against? Something to think about...

Hal


I don't want to hear any excuses once we hit $1M in the next few years.

#Bitcoin gave you more than enough time to stack appropriately, and the community provided more than enough free education.
nostr:npub10wv37amdqnv8edw5yktgsxr62g8k4lqkk2u66fk6c6uwuakzssxsf4v22x


Ola Ola Jita!


Generational wealth of information in a book 📖


Sometimes, you don't have to be a capitalist to invade, spill blood, and kill; you can just be a communist and achieve more or less the same.


I am well, what stuff do you find interesting on Nostr?


Hie nostr:npub1tsgw6pncspg4d5u778hk63s3pls70evs4czfsmx0fzap9xwt203qtkhtk4 welcome back


The issue with this is that whenever Bitcoin does go up like 5x, a lot of sellers *do* materialize. So it takes a lot more DCAing that one might think.

Like when the ETFs were gobbling up a lot of bitcoin, much faster than it was being generated, and people assumed it must go to the moon soon. In reality, there was also a lot of sellers out of cold storage from people who bought years ago.

nostr:note19wxszw9nvsgr9hdxl4euk3va2ywgmhf3h5ywjsplmq8ahv73jl4svrukgs


I wonder if people in this thread including me understand 🤔

https://x.com/LawrenceLepard/status/1828367826484089188?t=-HgHEqszxi_reiHiF_yzaw&s=19


nostr:note1julxmfew42m5w9ztmvtfjwfuvvxrrqncq9mlfes3w4w65ny6jajq2zf2xl
https://m.primal.net/KOkg.jpg


I know. But when most people see it, they still see “Forbes”. And they don’t let anyone become a contributor.


Amplifying this for critical discussion.

Who will run relays in the future, and is there anything that Nostr as a protocol can tweak to improve future relay decentralization?

nostr:note17jqv3typtv2va0gq8s2xl7fn86v4z5t98sxyyawrleqkuqae89sqkw93l0


Ooh, this is an eye candy. very easy on the eyes.


The so-called influencers 😂! If only they could spend more time studying finance than rambling on mics 🤣. Too bad they have people who buy their snake oil products.

https://x.com/TheCryptoLark/status/1820304023171592675?t=unonuQ7uIX5BpG5KtGeyog&s=19


https://x.com/saylor/status/1819342443420028946?t=NPQvTQhYcVbaxSrMQf3mSQ&s=19

Great presentation by nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m


Any thoughts on https://roxom.com/ a new bitcoin-based securities market aimed at using Bitcoin as the base currency for trading. #Bitcoin


I was just reading about it. Seems like a very interesting initiative.  Things are getting increasingly better day by day. #Bitcoin


NGL nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um cooked
#thankgodforbitcoin

How is it different when Fed does it with trillions of dollars


It's well worth the time


its well done


Hie. I just checked, hodlers are okay 👍


Have you ever considered what it would be like if goods and services were priced in sats?
You will be mind-blown!

Sats are extremely inexpensive.
#Bitcoin


Elon just posted about Nostr

https://twitter.com/elonmusk/status/1798504201196368219?t=UzT705QmgNQvOYVl5vgYsg&s=19


As we approach third month of choppy sideways. Remember words of a legend.

“Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”
— Warren Buffett

#Bitcoin


It's not what we don't know that hurts us so badly, it's what we know for sure with certainty that just isn't so


Such a bear 🐻


Lol people on X don't know Gigi is chilled here on Nostr😀


KoЯn- Chaos Lives In Everything!


Ask us, we knew. it's only eating it's kids now


Yours systematic engineer


Coinbase officially integrates #Bitcoin    Lightning Network.

This was supposed to be a headline in 2021


Is there another #Bitcoin chart we don't know about😭


Happy Halving 2024
02:11 GMT+2
Sat,April 20


Leaving Zambia

Couldn't verify my strike account.

it's until when you try to buy Bitcoin in Zimbabwe when you start to feel the chains of fiat system.

You can have $5000USD and fail to buy Bitcoin

#Bitcoin @strike @jackmallers


Zimbabwe/Population
16.32 million (2022)

Reminder, all these people still can't #Bitcoin, govt banned and closed all exchanges.

Freedom delayed is freedom denied

#Bitcoin


Hello @jackmallers, I purchased a Zambian SIM card and added money to my mobile account. However, when I open my Strike account and click on "Buy Bitcoin," it prompts me to add cash in order to buy Bitcoin, with no option to use mobile money. What should I do?


Blockstream Green Android v4.0.27, iOS v4.0.26, Desktop v2.0.3 Released

https://www.nobsbitcoin.com/blockstream-green-updates-4-0-27/


Shocking, I used a few calculations to arrive at the above number. Mostly based on historical data, I employed extremely conservative numbers and disregarded Spot ETFs and any other unforeseen bullish factors that might come into play.

https://youtu.be/36TODIBYjjI?si=-g_gLivx6KVayXG7


#ICYMI: Unbelievable!
pains and delusions of #Shitcoining

https://twitter.com/vydamo_/status/1773491625957924883?t=0HdKZjhwH55_lxY2IuEWTg&s=19

It is with a heavy heart I announce the sale of my long term ape, Salazar. Most of my early followers know me as this ape. My kids know me as this ape. I met my wife when I WAS this ape and had my first kid when I was still proudly wore this ape. By extension, it is part of me.

I travelled around the world with this ape in my pocket. We went to the most luxurious hotels, the craziest night clubs and the most serene beaches. We had it all. Unfortunately, what blur is doing to apes is frankly unacceptable. Since the creation of Blur, the ape floor price has tumbled from 85e down to 12e.

Two weeks ago myself and around 15 other high ranking ape members gathered at the recent International Ape Workshop in Miami, and on behalf of the community we wrote and delivered a notarised letter begging Pacman to stop this nonsense at once.

We outlined three key terms the apes were demanding of Pacman:

1.) Effective immediately, blur should be shut down and all NFT collections affected should be refunded a part of their floor price at the time blur was created

2.) A written apology to @yugalabs and the community

3.) Sell all remilia assets held by ANY members of the blur team and publicly denounce @CharlotteFang77

As of today, March 28, 2024, Pacman has refused to acknowledge our letter. I have no choice but to sell my ape and retrieve some form of financial value before it trends to zero. Thankyou to everyone in the ape family who has been sending me messages over these last few days. I love you all.

I hope one day we meet on the other side, until then, goodbye.


No you are not buying a fraction of #Bitcoin, you are buying Sats.

Few


Going to watch it now!
My last show was "Better call Saul"

🔫Bang 🔫Bang = 🗣Hooooo


#Bitcoin is the true test of all the detrimental traits" and "negative qualities" in an individual. Don't work on them, #Bitcoin will reveal them.


Ladies and gentlemen, hodling 💁🏽♂!

The game No Coiners call luck


What a birthday present🫣


Kindly confirm if the mobile money deposit system is available in Zambia, @Strike? I have noticed that it is not tagged with the word "live" like Kenya.

This is in reference to the picture you shared on X (previously known as Twitter)


So you are planning to trade, sell top and buy bottom for an asset that has a supply shock

😳


Greetings!
11:45am here


Someone out there is still talking about:

"#After every 90days, #Bitcoin has a 10+ pull back"

😳


The "disposition effect"
That's how most people in finance leave money on the table. They will rather keep losers than keep the winner.

funny how the brain works😂


looking at every opportunity cost, #Bitcoin is still better?


Shhh, he is still obsessing over OPENAI🤫. He will get bored very soon though


Never FOMO into anything.
Never feel left out in any opportunity to grow your money. Be always on guard, be patient, wait for another perfect opportunity like #Bitcoin.

I


I don't have any knowledge about human trafficking


$1,061,823,000

#Bitcoin


Dictators don't allow their citizens to have any sort inflation proof mechanism. Bitcoin fixes that


retail FOMO is here!!!!


Being a Bitcoiner is a form of humanitarian, you are freeing slaves across the globe 🌎


legend!


No matter where you are, #Bitcoin is the taste of free market you can ever come close to. Something your dictator will never let you access


Smart money is currently shifting towards the hardest form of money, while other funds are being gambled in "shitcoins."

The question remains whether the liquidity of money, in relation to the global search for real value and practical use cases, will ultimately favor these Shity coins this time?

This is a gamble that I am not willing to take.

#Bitcoin


In 2008, as Zimbabwean bearer cheques were losing value, I didn't save in USD in order to hedge against it (have more Zim dollars in USD terms, then trade back USD to Zim dollars). At that time, USD was my exit strategy.

#Bitcoin


They will always try to explain how the price moved.

wake up man, finite supply over infinite demand. it's that simple

#Bitcoin


Neto


Today marks my 4 year journey into #Bitcoin, orange 💊 by @Prestonpysh.
Price was 6K

Those were the days👇🏽

https://youtu.be/hOqEFHHCafI?si=hikSPYoCJg6OQK1-


Imagine a world where you exchange $62000 of literal 💩 for $100 Mill of hard money 🫨

insane!!!
#Bitcoin


It would have been at least fun if they even knew what was happening. 😂

Literal Strike logo on dictatorship🥳


The Prestige

We primarily focus on preserving value in a very difficult environment, exploiting opportunities for growth. (in #₿itcoin, we verify)


Thanks Jack, Strike has done a lot to give access to Bitcoin for a lot of people in Africa.


Using Primal is dope!


My life hack for conferences is that I usually wear the same exact top half (the same shirt and sweater) and then pick the bottom half (pants and shoes) depending on how fancy the venue is. https://image.nostr.build/a214b28ec7f2e7c85692e46271014a18ddf5b95d47977efe10023d2d3c67493a.jpg https://image.nostr.build/a0b6605af387a62188558e6bfa0b0fc02ad5df930d0583156940e12d7c799bef.jpg https://image.nostr.build/5bcd97adc46e8fa1363e385e0a8f745a4ebe494cc8ac351fd1a8abd0d93cedb6.jpg


Avoiding posting on Twitter at the moment. I’m just watching there. There’s enough overnight-expert Middle East hot takes and emotions are running high. The violence and scenes are terrible, and my heart goes out to all victims involved and those who will be caught up in it going forward.

I’ll instead post a few things in my lane here as it relates to global finance and todays actions relating to things I’ve already been covering but that now obviously have updates. Helps me get my thoughts together for what will eventually be my next client report.

-Actions like this show the difficulty of multinational currency agreements. Saudi Arabia and Iran have been having more peaceful relations lately as China brought them together (“enemy of my enemy is my pragmatic financial friend”, and so forth). They are both set to join BRICS+ in January 2024.

-But, Saudi Arabia has also been working with the US and Israel on normalizing relations with Israel, in exchange for US arms deals and such. Saudi Arabia was also making promises to raise oil output to alleviate oil prices if they grow too quickly, which the US wants.

-So this attack (w/ Iranian involvement and public support) puts Saudi Arabia in a weird place. Lots of division and competing goals within BRICS+. Has all sorts of implications for Saudi/Israeli relations, Saudi/US relations, and what happens in the coming weeks will affect how those go.

-Egypt and Ethiopia are also joining BRICS+ in January 2024 and they have had a multi year ongoing feud regarding the Grand Renaissance dam on the Nile.

-China and India are well known as not being on good terms. Border disputes and all that.

-Building trade and currency and military agreements between so many different cultures is a bigger challenge than doing so between US and West Europe.


Nope, Droid here😂


Hie Lyn, welcome!