๐บ๐ธ TODAY: Congress reaches a deal on the largest housing bill in a generation, ending months of standoff between the House and Senate, per Bloomberg.
The bill includes a provision to pause the Fed from issuing a CBDC until 2030.
Bitcoin has already won as Digital Capital.
The next wave is Digital Credit, Digital Money, Digital Yield, and Bitcoin-backed capital markets โ products that can bring trillions of dollars of traditional credit and money market capital onto Bitcoin.
My interview with @Cointelegraph at @BTCPrague.
00:57 โ Bitcoin in a drawdown: five major pullbacks in six years, stronger fundamentals, and rising dominance
02:23 โ Digital Credit: from zero to an $11B+ asset class in 12 months
03:35 โ Digital Money: bitcoin-backed yieldcoins and the path from 40 vol to 0 vol
04:31 โ The opportunity for 8% yield in dollars, euros, yen, pounds, and francs
06:02 โ $300T of credit, $30โ50T of money markets, and the $10T opportunity for Bitcoin
07:19 โ Why Bitcoin is winning economically, technically, and ethically
08:26 โ Quantum computing, FUD, and why bear markets amplify Bitcoin debates
10:37 โ AI capital rotation, Bitcoinโs current drawdown, and the path to recovery
11:36 โ Six years of Strategy: why I would have moved faster into Digital Credit
12:22 โ The ideal Bitcoin Treasury Company: common equity plus STRC-style Digital Credit
14:35 โ The 32 BTC sale, the $100M bitcoin buyback, and why capital must back credit
17:02 โ Defending the equity, credit, and bitcoin-backed capital structure
19:03 โ The tradeoff: buy 200,000 BTC and sell 10,000 BTC โ or buy and sell zero
20:15 โ โNever sell,โ Twitter trolls, and Strategyโs fiduciary obligations
22:06 โ Bitcoin per share, long-term accretion, and accumulating through bull and bear markets
22:34 โ $21B of equity raised in 16 weeks and ~$10B of bitcoin acquired this year
24:18 โ The Strategic Bitcoin Reserve, US leadership, and supportive regulation
27:18 โ Digital Credit, bank credit, and Digital Money bringing trillions onto Bitcoin
28:01 โ Why Bitcoin can grow organically without central bank support
LATEST: โก๏ธ Robert Kiyosaki says the Fed and US Treasury can "print $1 trillion" in under a minute, urging savers to move out of cash and into gold, silver, Bitcoin, and Ethereum.
LATEST: โก Nigeria accounts for roughly 60% of stablecoin inflows in sub-Saharan Africa and received about $59B in crypto inflows from July 2023 to June 2024, according to the IMF.
In 2023, FTX sold its 5% stake in Cursor for $200k as part of its bankruptcy proceedings.
Today, that stake would be worth over $3,000,000,000 after SpaceX $SPCX acquired the startup for $60 billion.
JUST IN: ๐ช๐บ Binance says it remains committed to European users and will continue operating legally following reports it could lose permission to serve the EU.
@Onyeani_Kalu Ha! I think weโve been seeing this wrongly. Thereโs something fundamentally wrong with this people.. There must be an epidemic of mental illness ๐ฑ
๐ณ๐ฌ LATEST: IMF warns widespread stablecoin use in Nigeria could weaken monetary policy.
Nigeria accounts for roughly 60% of stablecoin inflows into sub-Saharan Africa.