1/ Our report from last April predicted “for bitcoin to trade in a range of $22k to $42k, until a new multi-year bull market pushes it well north of $120k.” Now that bitcoin trades at $42k, let’s review our analysis & recommendations in a summary thread.
New research from @MIT finds bitcoin mining helps the climate, lowers emissions, and balances the electrical grid.
"𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘤𝘦𝘯𝘵𝘪𝘷𝘦𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘉𝘪𝘵𝘤𝘰𝘪𝘯 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘮𝘢𝘺,
...𝘳𝘦𝘥𝘶𝘤𝘦 𝘮𝘦𝘵𝘩𝘢𝘯𝘦 𝘦𝘮𝘪𝘴𝘴𝘪𝘰𝘯𝘴 𝘢𝘵 𝘴𝘤𝘢𝘭𝘦."
The folks back home in #Lebanon are suffering tremendously bc of a another broken fiat currency, while @nntaleb is celebrating central banking in the U.S.
Educate yourself about #Bitcoin and don’t listen to self proclaimed gurus.
The Crypto people are right. Now is the time for us to stand together.
First they need to sell their shitcoins, cease the decentralization theatre, and stop enabling outright scams.
#Bitcoin only.
“If governments attempt to ban #Bitcoin they can expect a similar outcome.
People won't forget that there's an asset with a fixed supply that can protect them from government debasement.”
@LawrenceLepard People are asking me when's a good time to 'cash out" with their metal and crypto profits. They are confused when I tell them they are already cashed out.
@AltcoinDailyio NGMI if you're measuring your net worth in terms of fiat. The goal should always be to grow your net worth in terms of #bitcoin. And what you'll learn is that the best way to do this is to simply stay humble and stack sats. Trading often leads to a smaller stack.
#Bitcoin is a bank that can't lend out, invest, gamble, dilute, debase, freeze, or seize your assets. It works all the time, everywhere in the world, and is unstoppable.
Over the next 6-18 months we are setting up a monster rally for $BTC.
World will wake up to the reality that $BTC is the most useful bearer asset in existence and that credit assets are dangerous.
Bank failures one year before halving. Could not have written a better script.