Four ideologies shape the Bitcoin community. Maximalists bring conviction. Capitalists bring integration. Technologists bring innovation. Fundamentalists bring preservation. Bitcoin reaches its full potential when these four forces work in harmony.
I’M BUYING.
THE BOTTOM IS IN.
BTC $60,000
ETH $1,700
SOL $67
BOOKMARK THIS
I JUST GOT OFF THE CRAZIEST CALL OF MY LIFE.
I CAN’T SHARE NAMES OR LOCATIONS (FOR OBVIOUS REASONS).
BUT LET’S JUST SAY THE PEOPLE I SPOKE TO MOVE MARKETS.
THE SHORT VERSION:
A MASSIVE POSSIBLY MULTI-TRILLION-DOLLAR LIQUIDITY INJECTION IS COMING WITHIN 30 DAYS.
CENTRAL BANKS. SOVEREIGN FUNDS. TECH GIANTS.
EVERYONE IS COORDINATING.
IT’S NOT QE…
IT’S SOMETHING NEW.
AI-DRIVEN, DATA-TRIGGERED LIQUIDITY RELEASES DESIGNED TO FLOOD DIGITAL ASSETS FIRST.
THIS IS THE RESET MOMENT.
WHEN THEY HIT “EXECUTE,”
BTC WON’T WALK UP
IT’LL TELEPORT.
WRITE THIS DOWN.
30 DAYS.
1,000% MOVE.
CALL ME CRAZY NOW —
THANK ME LATER. 🚀
I'VE BEEN HERE FOR 10+ YEARS, AND I'LL KEEP YOU UPDATED ON EVERYTHING LIKE I ALWAYS DO.
TURN ON NOTIFICATIONS SO YOU DON'T MISS ANY INFORMATION, THIS IS VERY IMPORTANT.
Airdrops are a fascinating initial use case for ZK / blockchain-based identity / credential / attestation frameworks. The goals of an airdrop are:
(i) distribute to community members [and not randos who will all immediately sell]
(ii) reward contributions to the project
(iii) be reasonably egalitarian [but some disparity is ok]
(iv) resist extractive/adversarial farming
These are exactly the properties that identity / credential / attestation frameworks (eg. see ideas in https://t.co/CINI0INpwf ) are trying to achieve. Hence, for anyone building such frameworks, it makes perfect sense to use token issuance as an initial use case to beta-test and refine their work in an adversarial environment.
Why does the world need #Bitcoin?
GPT-4: While it's a matter of perspective whether the world "needs" Bitcoin, there are several reasons why Bitcoin and other cryptocurrencies have gained popularity and are seen as valuable by many people:
1. Decentralization: Bitcoin operates on a decentralized network, meaning that no single entity, such as a government or financial institution, can control it. This decentralization can provide more freedom, autonomy, and resistance to censorship or manipulation.
2. Financial inclusion: Bitcoin can provide access to financial services for individuals who are unbanked or underbanked, particularly in regions where traditional banking infrastructure is limited or unavailable. With a smartphone and internet access, anyone can use Bitcoin for transactions, remittances, and storing value.
3. Lower transaction fees: Bitcoin transactions can have lower fees compared to traditional financial services, especially for cross-border transactions. This can benefit both consumers and businesses by reducing costs associated with international transfers.
4. Transparency and security: Bitcoin transactions are recorded on a public, tamper-resistant ledger called the blockchain. This provides transparency and security, as transactions can be easily verified and traced, reducing the risk of fraud and corruption.
5. Limited supply and inflation resistance: Bitcoin has a capped supply of 21 million coins, making it a deflationary currency. This limit reduces the risk of inflation, which can erode the purchasing power of traditional currencies over time.
6. Privacy: While not fully anonymous, Bitcoin offers a greater degree of privacy compared to traditional financial transactions, as transactions are only linked to a public address rather than personal information.
7. Investment and diversification: Many people view Bitcoin as a valuable investment and a way to diversify their financial portfolios. As a digital asset, Bitcoin has shown the potential for significant growth in value over time, although it's essential to note that it also carries risks and volatility.
8. Programmable money: Bitcoin and other cryptocurrencies enable programmable money through smart contracts, which can automate and streamline various financial processes and transactions, leading to increased efficiency and new business models.
It's important to note that Bitcoin and other cryptocurrencies also have their drawbacks, such as volatility, scalability issues, and energy consumption. The perceived need for Bitcoin can vary depending on individual perspectives, financial situations, and regional circumstances.
$RLUSD is institutional-grade infrastructure for payments and tokenization.
Through @wormhole’s Native Token Transfers (NTT), $RLUSD can now move natively across multiple blockchain ecosystems, supporting cross-border payments, institutional on/off-ramps, and tokenization use cases.
For developers and institutions building onchain, that expands access to compliant, USD-backed liquidity across supported networks.
It has been an insane week for crypto.
- Bitcoin hit a new yearly low of $59,127, wiping out $300 BILLION in market cap.
- $ETH dropped to $1,500 for the first time in a year, erasing $60 BILLION.
- Bitcoin ETFs sold $1.72 BILLION worth of BTC, the second-largest weekly sell-off since launch.
- Over $5.7 BILLION in long positions were liquidated in just 7 days.
- Saylor and Tom Lee’s combined unrealized losses hit $22.5 BILLION.
- Zcash crashed -60%, wiping out $60 BILLION after a critical bug was discovered.
A new kind of onchain asset live on Solana via @sunrisedefi, $SV151 is the first Dynamic Asset by @MeteoraAG.
Tokenized shares of sealed Pokémon packs, backed by real packs in audited custody by @BedrockFndn.
People still think (or feel) because Bitcoin is down crypto is down.
Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto.
Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in.
(And yes - Bitcoin is going to do great and is as important as ever - one of many cycles we've all been through.)
Stocks are dumping.
Gold is dumping.
Silver is dumping.
Crypto is dumping.
Bonds are dumping.
Even Oil is dumping.
If everything is dumping, where the hell is money going?
Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.