Guillermo Fuzy

[Egyptian @EgyptianMaxi]

Bitcoin lost $1.2 trillion in market cap.

Some people think that means we need $1.2 trillion of new money to recover.

That's not how market cap works. Here's the simplest way to see it:

A street has 100 identical houses. The last one sold for $1M, so the street is "worth" $100M.

One stressed owner sells his house for $500K.

Now every house is marked at $500K. The street is "worth" $50M. The neighborhood just "lost" $50M… on a single $500K sale. The other 99 owners did nothing.

Bitcoin is that street. On-chain data shows this crash erased $1.2T of market cap on just $15B of net money actually leaving. The other coins never moved they were repriced by the most desperate sellers.

And it works the same in reverse. You don't need to "refill" $1.2T. Price is set by the next trade, not the whole pile. Last cycle, every $1 of real inflows moved market cap $2.40.

[Guillermo Fuzy @gfuzy]

@COLDCARDwallet @nvk Anchovies

[COLDCARD @COLDCARDwallet]

The pizzas may have cost 10,000 BTC…
but this COLDCARD is free 🍕

We’re giving a COLDCARD Q away for Bitcoin Pizza Day!

To enter:
• Follow
• Repost
• Comment your favorite pizza topping🍕

Don't forget our Bitcoin Pizza Day sale is live:
15% off at https://t.co/rbbl2BO8ub

[Steak 'n Shake @SteaknShake]

Starting June 1, we’re doing things better at Steak n Shake — all our beef will come straight from pasture-raised cattle. This beef will be 100% grass-fed and grass-finished, making us the only American burger joint serving the healthiest kind of beef.

[Guillermo Fuzy @gfuzy]

@BtcAndres

[Guillermo Fuzy @gfuzy]

@halstonvalencia Please don't close the beach

[Guillermo Fuzy @gfuzy]

@ronin21btc

[Onramp @OnrampBitcoin]

Your house didn't get more valuable.
Your dollars got weaker.

Median US home price since 1970:

In dollars: +1,726%.
In gold: flat.

A house still costs the same in gold as it did in 1970.

Everything you think is "going up" is just the dollar going down.

[Guillermo Fuzy @gfuzy]

@ts_hodl

[Guillermo Fuzy @gfuzy]

@ArchLending When will it be available in CA?

[Guillermo Fuzy @gfuzy]

@Gemini App is not working on Android

[Guillermo Fuzy @gfuzy]

@SteaknShake @stephanlivera

[Bitcoin News @BitcoinNewsCom]

DEBASEMENT TRADE WINNER: BITCOIN

Since 2020, US home prices have soared over 50% in dollar terms according to the Case-Shiller Index.

But when measured in Bitcoin, they’ve collapsed by 90%.

Via @philrosenn

[BTC Sessions 😎 @BTCsessions]

Your Bitcoin deserves better than sitting on an exchange. We can help you with that. We’re giving away our favorite hardware wallet, the COLDCARD Q.

Just repost and follow @COLDCARDwallet for a chance to win.

Winner will be selected Friday 8/29

[TFTC @TFTC21]

We're partnering with @fold_app to giveaway $250 in #Bitcoin! 🟠

Just RT this tweet to enter. That's it ✅

Winner announced Tuesday 5/20 at 4PM EST.

[Guillermo Fuzy @gfuzy]

@BtcAndres PoP (Proof of Pork)

[Sam Callahan @samcallah]

I dug through the 13F filings and, by my count, there were 1,573 institutions with long exposure to Bitcoin in Q4 2024.

These include banks, hedge funds, RIAs, family offices, endowments, pensions, sovereign wealth funds, & other asset managers.

Below are some major findings 🧵

[Guillermo Fuzy @gfuzy]

@BtcAndres 😂

[Trey Sellers ∞/21M @ts_hodl]

Property taxes are so insidious.

Other people print money, causing the nominal value of your house to increase.

Property taxes are assessed on the current value of your home, so as the property value rises, so does your tax bill.

But that extra home value is not liquid and therefore not accessible to pay the increased tax burden.

If the property tax rises too much, some people may need to take on debt or even sell the property to pay it.

This should not stand in any civilized society.

[Guillermo Fuzy @gfuzy]

@iBobbyShell @unchainedcom Great episode! Exactly what I'm looking for in the coming years.