Purely Bitcoin

Stay informed, educated, and connected to #Bitcoin! 🟠

[Purely Bitcoin @PurelyBitcoin]

Grant Cardone (@GrantCardone) on his real estate if Bitcoin hits $500,000:

"I'll have the most successful real estate portfolio ever put together in America, period."

[Purely Bitcoin @PurelyBitcoin]

James Lavish uses the power law to explain why he'd be absolutely SHOCKED if Bitcoin doesn't reach the $200,000 to $300,000 range by mid 2029…

"About one standard deviation over that mean in mid 2029, that would get you to somewhere between four and five hundred thousand dollar Bitcoin." @jameslavish

[Purely Bitcoin @PurelyBitcoin]

Bitcoin at $1 million, or Bitcoin made obsolete by AI. @GrahamStephan asks Anthony Pompliano (@APompliano) about both.

With a $40 trillion national debt and $1 trillion a year in interest, he says the government will devalue the currency and Bitcoin will get there given enough time. He calls the AI case a low possibility, but a possibility.

"if we are going to inflate our way out, I want Bitcoin. If we're gonna grow our way out, I want AI."

[Purely Bitcoin @PurelyBitcoin]

Grant Cardone says AI will get OVERBUILT, and if those investments don't produce results…

"I think money's gonna rotate back to Bitcoin." @GrantCardone

[Purely Bitcoin @PurelyBitcoin]

Should the Feds insure Bitcoin $BTC?

Jon Ungerland: "I always have a one liner which is I'm glad they can't because if they could, that would mean they could print it."

[Purely Bitcoin @PurelyBitcoin]

241 House winners and 50 senators, now rated "pro crypto" by Stand With Crypto. @natbrunell would hold the celebration.

The 2 people most likely to run the committees that write the rules are Elizabeth Warren, in line to chair Senate Banking, and Sherrod Brown, who's being talked about for Senate Agriculture. Nothing's been decided there.

She calls the growing Democratic support for Bitcoin real progress. But a big head count "won't mean much if the 2 people holding the gavels never let a bill out of the room."

[Purely Bitcoin @PurelyBitcoin]

Adam Back argues that what he calls the 3rd wave of Bitcoin adoption will run through professional money managers, for a SIMPLE reason…

"I think that for most people, they are not managing their own investments." @adam3us

[Purely Bitcoin @PurelyBitcoin]

Grant Cardone admits his call for a new Bitcoin all time high by 2028 could be BIASED, with about 2,700 Bitcoin on his real estate platform…

"I know the US dollar will continue to be printed at scale." @GrantCardone

[Purely Bitcoin @PurelyBitcoin]

Grant Cardone says Bitcoin is one of the best products ever built and Bitcoiners can't EXPLAIN it…

"It's the Bitcoiners that actually prevented me from investing in Bitcoin." @GrantCardone

[Purely Bitcoin @PurelyBitcoin]

Bitcoin miner $MARA sold 13,597 $BTC for $1.1 billion in six weeks, about 40% of its holdings. It says more sales are coming.

$MARA since September:
• Sold 13,597 $BTC
• Repaid $750 million in BTC-backed loans
• Approved a $500 million buyback
• Plans to sell more Bitcoin for AI

[Purely Bitcoin @PurelyBitcoin]

Anthony Pompliano argues the S&P's gain of about 70% over 5 years isn't the amazing return it SOUNDS like…

"The dollar has lost 30% of its purchasing power over 5 years."

[Purely Bitcoin @PurelyBitcoin]

Natalie Brunell walks through Binance's account of how hackers used a FAKE job offer to get into its systems…

"There were interviews and then a coding test, and the test had malware hidden inside."

[Purely Bitcoin @PurelyBitcoin]

The affordability crisis is real, @MartyBent says. He just doesn't buy the usual explanation.

"It's not because of greedy corporations or anything like that."

[Purely Bitcoin @PurelyBitcoin]

The ETFs opened Bitcoin up to the Wall Street crowd, and Anthony Pompliano (@APompliano) says that crowd changed how it trades.

Long, short, hedged, levered. That, in his view, took Bitcoin from an 80 vol asset to a 40 vol asset, with drawdowns shrinking from 85% to about 50 to 55%.

"They are not hardcore Bitcoiners. They are hardcore capitalists."

[Purely Bitcoin @PurelyBitcoin]

Anthony Pompliano puts the odds of Bitcoin going to zero at LESS than 1%…

"Lindy effect. The longer that something exists, the higher the probability that it exists in the future."

[Purely Bitcoin @PurelyBitcoin]

Strive CEO Matt Cole looks past the Binance hack and a market meltdown to Bitcoin's $BTC NEXT season...

"I think that we are kind of in this early spring season, and we probably will be for the next 6 to 9 months." - @ColeMacro

[Purely Bitcoin @PurelyBitcoin]

Should the Feds insure Bitcoin $BTC?

Jon Ungerland: "I always have a one liner which is I'm glad they can't because if they could, that would mean they could print it."

[Purely Bitcoin @PurelyBitcoin]

Darius Dale says his firm capped Bitcoin at 10% of its flagship allocation back in January 2023, while most institutions hold 1 to 2% in GOLD…

"We were the first institutional investment firm on Global Wall Street to put Bitcoin in our flagship asset allocation."

[Purely Bitcoin @PurelyBitcoin]

Adrian Morris asks why the market would PRICE Bitcoin yield when it wasn't a narrative for 4 of the 6 years Strategy $MSTR has been on a $BTC standard…

"As Bitcoin goes, the capital structure will go." - @_Adrian

[Purely Bitcoin @PurelyBitcoin]

Lyn Alden breaks down the DILUTION rate on a 5% Treasury, and the times it was a lot worse…

"The absolute worst is right before the COVID stimulus" - @LynAldenContact