Sergio Maldonado

#bitcoin
#eth
Amigos mios que se fueron ya...Y otros que vivos no los recuerdo....Cumple sus sueños quien resiste....Telecom S.A.

[David @david_eng_mba]

Adaption keeps compounding.

21 million fixed.

A growing network against a fixed supply.

Everything else is noise.

[Sergio Maldonado @colometal]

Eth

[Sergio Maldonado @colometal]

BTC

[David @david_eng_mba]

4 Macro Numbers that Matter Right Now:

U.S. M2 Money Supply: $22.44 trillion All-time record. Up $922 billion year-over-year (+4.29%). The money printer isn't just on it's accelerating. And M2 expansion has a 12-18 month lag to asset prices.

Global M2: ~$98.6 trillion Growing above historical averages. The Eurozone is expanding at elevated rates. China continues monetary expansion. The dollar is weakening. Every one of these forces is a tailwind for Bitcoin.

Long-term holder net position change: -87% The most important on-chain metric nobody is watching. Long-term holders went from dumping 243K BTC to barely selling 32K. Distribution is over. Accumulation has begun.

Strategy holdings: 717,722 BTC More Bitcoin than any ETF. 3.4% of total supply. Average cost basis: $66,384. They reported $17.4 billion in unrealized losses last quarter and responded by buying more.

[David @david_eng_mba]

Iran is being bombed right now. This isn't a thought experiment anymore.

A father in Tehran just watched missiles hit his city. His family needs to flee. He has savings. He has gold. He has a bank account. He can't use any of it.

Missiles hitting Tehran. Ministry of Intelligence. Ministry of Defense. IRGC headquarters. 24 provinces under attack.

Supreme Leader evacuated. Cell networks down. Supermarkets stripped bare. Gas station lines for blocks.

If you're an Iranian with wealth how do you access it right now?

Gold? Walk through a warzone carrying metal. Get it confiscated at the first checkpoint. 5,000-year store of value. Completely useless to you today.

Silver? Even worse. You'd need a truck to carry your life savings.

Fiat? The rial was already collapsing before the bombs. Banks closed. ATMs offline. Cell networks down so digital payments don't work. Capital controls incoming within hours. Your government decides if you can touch YOUR money — and your government is currently being bombed.

Real estate? Can't move it. Might have a crater in it.

Stocks? Custodial assets held by institutions whose command and control infrastructure is on fire.

Bitcoin: 12 words in your head.

No vault. No bank. No custodian. No weight. No checkpoint can detect it. No government can freeze it. No bomb can destroy it.

Walk across any border with your entire net worth stored in memory. Open a laptop in Türkiye, Dubai, Berlin. Enter 12 words. Your wealth is there. Intact.

No other asset in human history has had this property.

The insight most people miss:

Bitcoin is the first asset where the bearer instrument is knowledge itself.

Gold is an atom. A dollar is paper. A deed is a document. All require physical custody or institutional trust.

Bitcoin is information. The first time in 10,000 years of commerce that wealth can exist as pure thought weightless, borderless, indestructible.

Every monetary system requires trust in institutions. What happens when those institutions are being struck by precision munitions?

Bitcoin's institution is mathematics. Distributed across 100+ countries. No building to bomb. No server to destroy. No leader to evacuate.

SHA-256 doesn't care about geopolitics.

Right now an Iranian with Bitcoin can send value to family in Türkiye in 10 minutes.

An Iranian with gold is trapped. An Iranian with rials is watching their purchasing power evaporate with no banking system to access what's left.

Bitcoin wins because it's the only money that works when everything else breaks.

The strongest bull case for Bitcoin isn't on a chart. It's on the news. Right now.

[David @david_eng_mba]

Bitcoin Is Down 48%. The Buyers Have Never Been Bigger.

Bitcoin is down 48%.

That is what the price says.

The ownership shift says something very different.

Bitcoin trades around $66K, down from ~$126K in October 2025. Sentiment is washed out. Headlines say the move is over.

But under the surface, the biggest buyers in Bitcoin's history are still accumulating.

Governments are holding it. Sovereign wealth is entering it. Corporate treasuries are scaling into it.

That matters because Bitcoin is not priced by total supply. It is priced by the supply still available to buy. And that supply keeps getting tighter.

The U.S. holds 328,372 BTC in its Strategic Bitcoin Reserve. Texas bought exposure through an ETF. New Hampshire and Arizona passed reserve laws. More states are moving in the same direction.

Abu Dhabi's Mubadala disclosed a major Bitcoin ETF position. Sovereign capital is no longer watching from the sidelines.

Corporate treasuries have accelerated too. Strategy holds about 713K BTC. Institutions absorbed about 697K BTC in 2025 alone.

Post-halving, Bitcoin produces only about 164K new coins per year.

So institutional demand ran at more than 4 times new supply.

That is the story.

Now look at the float.

About 20M BTC have been mined. Only about 3.02M sit on exchanges.

ETFs hold about 1.26M BTC. Strategy holds about 713M BTC. Together, that is about 1.97M BTC, roughly two-thirds of exchange supply.

So while price looks weak, the available inventory keeps shrinking.

Bitcoin does not clear on total coins in existence. It clears on the small fraction still available to trade.

That is the divergence.

Price says fear. Structure says absorption.

Price says drawdown. Structure says stronger hands.

So the real question is not why Bitcoin is down 48%.

The real question is what happens when a scarce asset keeps moving into hands that do not need to sell.

Price is set at the margin.

And the margin is getting thinner.

[David @david_eng_mba]

Iran just showed the world why Bitcoin is the hardest money.

A student wakes up in Tehran and the phone is dead. Not “slow.” Dead. Iran is in a near-total internet blackout connectivity reported around 4% of normal. (The Washington Post)

The next problem isn’t politics. It’s money.

If the internet is off, payments don’t clear. If protests spread, accounts get watched. If the state feels threatened, banks become a control surface. And if the currency is melting, your savings bleed while you’re trying to stay safe. In late January the rial hit a record low around 1,500,000 per dollar. (Al Jazeera)

This is the war lesson: in conflict, money stops being neutral. The rails become permissioned. Access becomes conditional.

Bitcoin wins here for one simple reason: it’s bearer money.

Not “a bank account.” Not “a promise.” An asset you can hold yourself, move without asking, and take across borders in your head. It doesn’t fix war. But it does remove a key weapon: the ability to trap people inside a broken currency and a controlled banking system.

The best money is the money that still works when institutions don’t.

21 million units. No CEO. No freeze function. No hotline.

This is the ad Bitcoin never had to buy. Price doesn’t reflect it yet.

It will.

[Sergio Maldonado @colometal]

@KmanuS88 Yo no por suerte jajjaaj. Sigo metiendo a long

[Sergio Maldonado @colometal]

@KmanuS88 Noooo me asustes así por dioooos. No estoy en casa para prender el ledger jajajaj

[Sergio Maldonado @colometal]

@david_eng_mba @grok me resumis?

[Sergio Maldonado @colometal]

@KmanuS88 Me guardo algo de liquidez entonces???

[Sergio Maldonado @colometal]

@fabioextranjero @KmanuS88 Y por eso mismooooo, si subió lo que subió sin que la gente lo conozca, imagínate lo que va a subir cuando lo empiecen a conocer masivamente. Acumula antes que sea tarde capoooo

[Sergio Maldonado @colometal]

@RipioApp coloduty

[Ripio @RipioApp]

🎁 PREMIO DE FIN DE AÑO 🎁 Sorteamos 3 premios de 300.000 $wARS, la stablecoin 1:1 del peso argentino 🇦🇷

Para participar:
💜 Dale MG
🔁 Hacé RT
💬 Dejá tu Ripio Tag en comentarios

Tenés tiempo hasta el viernes 19/12. ¡Cerramos el año a lo grande!

[Fernando Molina @fergmolina]

Qué pasa con las cripto que el estado argentino decomisa en causas como narcotráfico? Las convierten a pesos?

Y si arman la Reserva Estratégica de Criptomonedas Argentina sin poner un mango como en USA?

[CoinDesk @CoinDesk]

You can only choose one 👇

RT for $BTC
Like for Gold

[Shanaka Anslem Perera ⚡ @shanaka86]

THE $7.4 TRILLION DETONATOR: AMERICA’S HIDDEN LIQUIDITY BOMB ABOUT TO OBLITERATE EVERY MARKET ASSUMPTION

The most dangerous number in financial history is hiding in plain sight.

$7.4 trillion parked in money market funds. Not in stocks. Not in real estate. Not in gold. Not in Bitcoin. In idle Treasury bills earning 5%+, waiting for a single Federal Reserve decision to unleash the largest capital reallocation event in human civilization.

This isn’t cautious investing. This is a civilizational coiled spring with a central bank trigger.

THE DETONATION PHYSICS

When the Fed cuts 150-200 basis points, MMF income collapses by $100-140 billion annually. That lost yield must hunt returns somewhere.

Each 1% MMF reallocation releases $74 billion.
10% rotation unleashes $740 billion … exceeding most nations’ GDP.
20% exodus deploys $1.48 trillion into risk assets.

The flows don’t trickle. They cascade through institutional pipes like a breaking dam.

THE HISTORICAL PATTERN NOBODY REMEMBERS

1998: $1.3T MMF → Fed cuts → Tech bubble ignites
2003: $2.1T MMF → Fed cuts → Housing mania begins
2009: $3.8T MMF → Fed cuts → Everything rallies 300%+
2025: $7.4T MMF → Fed signaling cuts → Unknown territory

Double the 2009 powder keg. But now Bitcoin exists as 24/7 institutional-grade scarcity with ETF rails.

THE FOUR HORSEMEN TRIGGERS

3-month T-Bill drops below 4.0% from 4.8%
Fed confirms sequential cuts beyond one-and-done
High-yield spreads compress below 350bps
Crypto ETF inflows sustain above $2B weekly

All four converging = detonation sequence.

THE BITCOIN MATHEMATICS

MMF pile: $7.4 trillion at 5% yields
Bitcoin supply: 21 million fixed, 96% mined
BlackRock IBIT: $100B AUM in under 10 months

If 5% rotates ($370B): Bitcoin $280-350K
If 10% rotates ($740B): Bitcoin $550-700K
If 15%+ with sovereign buying: Bitcoin $1M+

Not speculation. Thermodynamics. Finite supply meets infinite liquidity in mathematical collision.

THE MECHANISM

MMFs flow through institutional architecture:
Prime brokerages rebalancing
Pension allocation triggers hitting
Corporate treasury deployments
Sovereign wealth hunting uncorrelated returns
ETFs absorbing without selling pressure

Every pipe terminates at scarcity. Only one asset is provably finite, instantly settlable, globally accessible 24/7: Bitcoin.

THE FED’S CHOICE

Keep rates high: Recession, debt spiral
Cut aggressively: $7.4T liquidity tsunami

Bond markets price 150-200bps cuts through 2026. The choice is made. The spring releases.

THE COUNTDOWN

When 3-month yields crater from 5% to 3%, capital doesn’t deliberate. It hunts yield with systemic urgency.

Gold supply: uncertain
Real estate: illiquid
Stocks: expensive
Bonds: debasing

Bitcoin: mathematically provable 21M cap with instant global settlement.

The largest dry powder pile in history aims at civilization’s scarcest asset.

The trigger is Fed policy in motion.
The timing is bond-market priced.
The outcome is thermodynamic inevitability.

When the spring releases, price discovery enters unknown physics.

Choose accordingly.

[Sergio Maldonado @colometal]

@KmanuS88 El 17/9 sería.

[Sebastián Serrano @sserrano44]

No nos para nadie, se viene 🚀

[santi @santisiri]

argentina podría potenciar seriamente sus reservas explotando activos estratégicos con pensamiento lateral. un ejemplo claro es vaca muerta, la segunda reserva mundial más grande de shale gas. en lugar de solo exportar gas, podríamos usar excedentes energéticos para minar #bitcoin a gran escala, transformando energía directamente en reservas monetarias sólidas y globalmente aceptadas.

este esquema no solo generaría reservas reales e inmediatas, sino que fortalecería nuestra soberanía monetaria al diversificar reservas, reducir dependencia del dólar estadounidense y el nefasto fondo monetario internacional, y acumular un activo estratégico reconocido mundialmente como reserva de valor, resistente a manipulación y crisis financieras internacionales.

además, esta jugada posicionaría a argentina como líder en innovación financiera global, atrayendo inversión real, talento tecnológico, y brindando estabilidad económica genuina, basada en recursos propios y no en deuda externa crónica.

la estrategia de milei hoy, con cariño a todos los mandriles y gorilas de esta fauna, es entreguista. abrazo.