So many realizing that broad self custody will never happen. They are finally accepting what @halfin figured out 16 years ago:
“Bitcoin itself cannot scale to have every single financial transaction in the world…
Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. []. Some would be fractional reserve while others may be 100% Bitcoin backed. Interest rates may vary.
***
I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.”
JUST IN: 🇺🇸🇮🇷 President Trump says the US and Iran have agreed to a framework deal that includes the "complete" and "total opening" of the Strait of Hormuz.
Trump’s Truth Social has just officially launched their $100,000 per month paid service offering faster access to President Trump's market manipulating posts.
Below is a taste of what you’re paying $100,000 per month for.
He’s manipulating the stock market and then charging people to have the ability to insider trade.
Things don’t get any more corrupt than this.
JUST IN: HUNTER BIDEN JUST CALLED OUT PRESIDENT TRUMP FOR TURNING #BITCOIN “INTO A F*CKING GRIFT”
"BTC IS DOWN FROM $120,000 TO BELOW $60,000"
"HE WAS SUPPOSED TO BE THE CRYPTO MESSIAH"
"HE TOOK IT AND DID WHAT HE ALWAYS DOES”
“HE MUDDIED IT AND MADE IT DIRTY"
"HE LAUNCHED A COIN AND TOOK 80% OF IT AND EXTRACTED $650 MILLION"
THEY ARE ATTACKING CLARITY FROM ALL SIDES 👀
🚨NEWS: I’m hearing from a couple of sources off the Hill that the latest ethics proposal brokered by @SenThomTillis and @SenRubenGallego includes a role for State attorneys general, although it’s still unclear what the full package looks like or what additional provisions have been added to address White House concerns.
The White House is now reviewing the latest draft, which was sent over this morning.
Separately, I’m told industry representatives spent much of yesterday making calls to the White House, making the case that reaching an ethics compromise is critical to getting the Clarity Act across the finish line.
How the White House responds could go a long way toward determining whether the Senate moves forward with a vote on the bill next week.
Time for time.
Energy for energy.
Value for value.
#Bitcoin is international energy money with a fixed supply.
It is both the bridge and the measuring stick for more abundant time, energy, and quality of life (value) for humanity.
It is the antithesis of government fiat currencies, which actively steal your time, energy, and quality of life (value).
JUST IN: DEMOCRAT SENATOR JEFF MERKLEY JUST ANNOUNCED HE WILL NOT VOTE FOR THE #BITCOIN AND CRYPTO CLARITY ACT
"THE BIGGEST CONTRIBUTOR TO THAT SWAP IS CRYPTO. HE MADE $1 BILLION SELLING HIS MEMECOINS AND STABLECOINS"
"THERE IS A LOT WRONG WITH THE CLARITY ACT"
"THE FACT THAT IT LACKS CORRUPTION MEASURES... THIS IS PASSING CASH UNDER THE TABLE"
"TRUMP IS CREATING A SWAMP OF CORRUPTION THAT IS A MILE DEEP AND A MILE WIDE"
"THIS IS CORRUPTION PURE AND SIMPLE"
I increasingly think that we are at the almost-incomprehensible intersection of a #FourthTurning climax and a once-in-500-hundred-years Sovereign Individual paradigm shift for humanity.
I’m here for it. 🍿