Over the past half century, stocks have not risen when measured in real money.
Stocks appear to be rising—society appears to be getting wealthier—because the denominator in which their prices are measured (fiat USD) is continually debased.
Price is going up because the money in which it's measured is dying.
Arguably the greatest illusion in modern society.
And one of the largest contributors to wealth disparity... for the wealthy on average benefit from this phenomenon, while the poor and middle class remain neutral or are harmed.
The great promise of Bitcoin—its great and noble ambition—is that, some years from now, it will perhaps have healed the institution of money in our civilization.
Hope everyone is having a good Sunday!
We just minted Litecoin Chad #50!!
The community is growing, keep inviting Litecoin lovers to come get their FREE Litecoin Chad!! #Litecoin#NFT#crypto
Let’s go Chads!! I’m responding and working on more! DM me!
50 Chads🤝🤝🤝
⚠️ Warning to Litecoin Bears ⚠️
You’re playing a dangerous game shorting a coin that’s survived every cycle since 2011. While hype tokens come and go, Litecoin keeps processing blocks, securing billions, and quietly stacking hashpower.
🚨 BREAKING 🚨
MEI Pharma buys 929,548 $LTC at an average price of $107.58, a $100 Million value.
Their Litecoin treasury is currently worth $115.2 Million, a 15.2% increase.
🚨🚨🚨 BREAKING!!!
MEI Pharma (MEIP) confirms the completion of their $100m $LTC purchase in their 8k filing with the SEC today.
They acquired a total of 929,548 Litecoin at an average price of $107.58.
This is more than 1.1% of all $LTC that will ever exist!!!
Source: @Mattsolid87. Follow him for Litecoin breaking news and updates.
Great to see the other Litecoin Treasury Company acquire nearly 1M in LTC. We share the same long term commitment for Litecoin as a strategic treasury reserve.
Why i think $LTC will do well and is poised to outperform the rest of the market
If this post gets to 15 likes i will share my fundamental thesis on Litecoin too...
Here are my TA reasons:
Why is $LTC pumping?
$LTC remains one of the only 3 cryptocurrencies deemed worthy of being included in Fidelity's Digital assets IRA.
The remaining two are $BTC and $ETH.
BTC = $2.28 TRILLION ,
ETH = $440 BILLION,
LTC = $9 BILLION.
Thank you for your attention on this matter.
🚨ETF Info🚨
Nasdaq filed its listing standards for crypto ETFs. Notably, per the filing, to qualify for listing the trust must fit into one of 3 categories.
Specifically mentioned in the filing as qualifying are $BTC, $ETH, $SOL, $XRP & $LTC. 👀
https://t.co/0rSOomeEBo