BREAKING‼️ Elon Musk’s X (Twitter) obtains license for #Bitcoin and crypto services to store, transfer, and exchange digital assets on behalf of its users. 👀
The court ruled that the SEC was wrong to reject the Grayscale #Bitcoin Spot ETF.
What's next?
Likely all the other Bitcoin Spot ETFs are going to get approved, the question really is when, not if.
This ETF is a fully regulated spot ETF, not a synthetic version. A spot ETF means that every share issued has to be backed on a 1:1 ratio by actual Bitcoin. Given this requirement,
IMO this could be the catalyst for the start of a new bull market.
JUST IN💥 #Bitcoin continues to operate flawlessly with no leaders, no employees, no head office, no board of directors, no regulating body, no accountants, no lawyers, no debt, and no masters.
Ignore anyone who says that the 21-million hard supply cap on #Bitcoin can be changed.
These people are not serious. 😤
500k #BTC would still be considered the initial stage. 🧐
We're currently at $0.03M (Laughable) 🤣
This technology will completely shift the world.
I believe there are three reasonable outcomes for #Bitcoin :
🪙 Digital Gold ($500K)
🔒 Reserve Asset ($1M-4M)
🥇 World Currency/Unit of Account ($15M+)
If you own zero #BTC , you are not prepared for the next 10 years!
Always Aim for 1B:
0.1 $BTC = 10M Sats.
1 $BTC = 100M Sats.
10 $BTC = 1B Sats.
Put your #Bitcoin in cold storage, be careful out there...