Block21k

21M coins. 210K blocks. Bitcoin moves in cycles — I track the rhythm. Dropping knowledge, but having some fun too. Not financial advice, obviously

[Block21k @block21k]

In 2011, Bitcoin was a different world

No seed phrases. No hardware wallets. No slick apps

Just raw private keys, fragile files, and command lines

Today, someone just moved 80,000 BTC from that era

Here’s how they did it—and why it’s borderline insane 🧵👇

[Block21k @block21k]

@STRchitect STRK sits below STRF and STRC in liquidation (but above STRD). That’s part of the reason why the yield is so high despite the equity option

[Block21k @block21k]

@TheBTCTherapist It doesn’t seem so crazy when you think about it this way 👇

[Block21k @block21k]

Here’s a thought experiment for the crypto community 🧠

Everyone’s euphoric again 🥂
New highs. New targets. Everyone’s calling for late 2025 / early 2026 blow-off tops

But… what if the market is moving faster than we think? 👀
What if we just witnessed the cycle top?

Not my base case… but let’s game it out🧵

[Block21k @block21k]

So, what do you think? 🤔
Did we just see the top?
Or are we barely getting started?

[Block21k @block21k]

Here’s a thought experiment for the crypto community 🧠

Everyone’s euphoric again 🥂
New highs. New targets. Everyone’s calling for late 2025 / early 2026 blow-off tops

But… what if the market is moving faster than we think? 👀
What if we just witnessed the cycle top?

Not my base case… but let’s game it out🧵

[Block21k @block21k]

The market doesn’t owe us symmetry📉📈

Bitcoin doesn’t care about models.
Cycles don’t have to “make sense”

That’s why risk management matters.
And why thought experiments like this can keep you sane when everyone’s euphoric

[Block21k @block21k]

@coinbureau Definitely a consideration as the network upgrades security. I break it down here 👇

[Block21k @block21k]

🧵 The “Bitcoin dies when quantum arrives” crowd doesn’t understand how Bitcoin works

When the day comes, consensus won’t take years - it’ll take months

Here’s how Bitcoin will become quantum-proof ⬇️

[Block21k @block21k]

@SusieBdds 🥱

[Block21k @block21k]

My experience is that the closer someone is to the TradFi system, the less likely they are to understand Bitcoin. This is true irrespective of intelligence.

Bitcoin can’t be valued like traditional assets, so if a cash flow based excel model is your framework, Bitcoin will indeed appear worthless.

[Block21k @block21k]

@PeterSchiff We used to have tokenized gold. It was called the US dollar. Then they printed too many tokens and defaulted on the conversion in 1971

That’s why we need Bitcoin

[Block21k @block21k]

I cover the intersection of Bitcoin history, TradFi, and macro

If you enjoyed this thread, like and follow for more

[Block21k @block21k]

🧵 The “Bitcoin dies when quantum arrives” crowd doesn’t understand how Bitcoin works

When the day comes, consensus won’t take years - it’ll take months

Here’s how Bitcoin will become quantum-proof ⬇️

[Block21k @block21k]

The quantum future will come

And when it does, Bitcoin will upgrade, adapt, and keep moving forward - stronger than ever 🟠