I was one of the largest #ETH miners in America. Thousands of GPUs. Had all the hottest NFTs (Bored Apes), etc. Sold it all after @AdoptingBTC. Converted everything to #Bitcoin! #100DaysShitcoinFree
Sure, bitcoin is dead.
Over 731,000 BTC (~$51.9 billion) moved across 572,454 transactions in 144 blocks, settled in 24 hours.
For context, Visa processes ~$41B/day.
Nixon closed the gold window on Aug 15, 1971, because foreign central banks (France especially) were rapidly redeeming excess dollars for U.S. gold amid ballooning U.S. deficits. Vietnam War spending, Great Society programs, and trade imbalances had flooded the world with dollars, eroding confidence in the fixed $35/oz peg under Bretton Woods. Reserves were draining fastโdown from ~20,000 tons post-WWII to under 9,000. The move let the dollar float and devalue to restore competitiveness, but it ended the last gold link to fiat.
๐จ JUST IN: In a huge move, Treasury Sec. Scott Bessent is about to launch a new anti-fraud program giving whistleblowers up to 30% of FINES levied against criminals stealing taxpayer dollars
The launch is set for as soon as MONDAY, per NYP
All hands on deck to DESTROY FRAUD ๐ฅ
Money existed before the state, globalists & Karens.
Bitcoin separates money from state, globalists & Karens.
Bitcoin kills the state, globalists & Karens.