As you know S2F model predicts ~$100K average this halving cycle (white line). I dumbed that down to "$100K Dec 2021 close" because to make $100K average, mid-cycle we should be above that average. My floor model (not S2F) predicts $135K Dec close: roughly in line with S2F model.
@APompliano@FrancisSuarez And “In the long run, Suarez said the approach could potentially eliminate the need for Miami residents to pay taxes, which would be “revolutionary.”
Wow.
The City of Miami just announced they are going to give a Bitcoin dividend to every citizen that sets up a digital wallet.
“We’re going to be the first city in America to give a bitcoin yield as a dividend directly to its residents." - @FrancisSuarez
This is incredible.
Some people think Nov close $98K is too big a jump. It is +60% from current level. Yes that is a big jump. But #bitcoin did this many times before:
May 2019 +62%
Aug 2017 +66%
May 2017 +66%
Nov 2013 +451%
Oct 2013 +61%
Mar 2013 +181%
Feb 2013 +63% etc
I grew up on the verge of homelessness, was beaten in the basement of the 103rd precinct, and was failed by our schools that never diagnosed my dyslexia.
Now, I'm going to be Mayor of the greatest city in the world.
Let's get to work, New York.
https://t.co/S9l9OwV0HP
Another mayor has decided to take their salary in bitcoin.
The running count is now 4 mayors across the United States this week.
Tag your mayor and ask them if they are bitcoin-friendly :)