Making the case for #bitcoin every day.
We track bitcoin's progress as a global macro asset, through data, charts, and a growing library of bitcoin content.
For the year the return on #Bitcoin is 277% and the return on #Gold is -13.6%. Over the last decade the annual return on Bitcoin is 132% and the annual return on Gold is 0%.
https://t.co/YdNg8ArSGC
Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.
Paul Tudor Jones Targets 5% Allocation to BTC
- Contrasts certainty of BTC to Fed policy & US politics
- Considers BTC one of just 4 positions he knows "for certain" that he wants to hold in current macro environment
https://t.co/lAxUtR2kMf
@WnCThomass @river There is such as thing as bond holders who expected to receive greater purchasing power than they originally paid to purchase the bonds, however you frame the idea of national debt
How do you know if you're still early in #Bitcoin? The U.S. national debt has skyrocketed to over $28 trillion.
Bitcoin's market cap is only $680 billion.
Bitcoin is Now Legal Tender in El Salvador
- El Salvador President @nayibbukele joined @nic_carter 's Twitter Spaces last night for an impromtu discussion of the bill as it was being voted on, and ultimately passed
https://t.co/NCYIuD1tOg
Looks like the real deal:
-Bitcoin becomes "unrestricted legal tender"
-Prices may be expressed in BTC
-Taxes may be paid in BTC
-BTC must be accepted as payment "when offered by whoever acquires a good or service"
-The state will promote training for population to use BTC
El Salvador's (& Others?) Plans for Bitcoin
- President @nayibbukele announces legislation proposing BTC as legal tender
- Motivations & Impact
- Other countries following suit?
https://t.co/u1Xd3QXBr0
Ray Dalio says he'd "Personally Rather Have Bitcoin than a Bond"
- Also says he owns "some bitcoin"
- Lays out the macro case for rotation out of bonds, sees BTC as a better place to park wealth
https://t.co/ekWOKhw86G