With Bitcoin you’re still early. Trust math, not governments. Fiat becoming toilet paper - Ep.19

Today’s Bitcoin news!

BITCOIN PRICE UPDATE: We came down a few thousand from yesterday, currently around 41k, but basically for the past month plus we’ve been range bound between 40k and 49k. Perhaps we’re staying in the same range because currently Grayscale is selling a lot and miners are selling quite a bit more than usual, but that’s being offset by all other ETF firms buying a lot and Tether buying lots of Bitcoin for their reserves.

BITCOIN FACTS:

Blackrock is putting out charts showing Bitcoin is the best performing asset in the last decade. LINK: https://twitter.com/0xgaut/status/1745441498496115191

Bitcoin was created to remove middlemen and the need to trust other people, governments, and banks with your money. Math is more trustworthy than man. Be your own bank. LINK: https://twitter.com/LuchoPoletti/status/1748018911482704293

FUN FACT: #Bitcoin has the same number of users as the Internet had in 1997! LINK: https://primal.net/e/note1uxpsgt6shanhny074tew6939zx6xcglnspcnczc22malxczw9slq8kteld

BULL RUN PERSPECTIVE:

The difference (approximately) between three months before the Bitcoin halving (that's now) and nine months after the halving (one year).
Cycle 1: $10 -> $130 (~13X)
Cycle 2: $420 -> $1200 (~3X)
Cycle 3: $9200 -> $40000 (~4X)
Cycle 4: $43000 -> ? 👾
LINK: https://primal.net/e/note1q099wkmjfuugkd8zc2ku6qew85j56pruc0kummnajk62yalhmrzsmlluwm

MINER NEWS:

A Bitcoin miner in Texas switched off machines to support the grid during extreme cold weather. Bitcoin mining is the only industry that can respond immediately in times of emergency, while being a "buyer of last resort" to improve viability of energy projects. LINK: https://twitter.com/BTC_Archive/status/1747932061476798913

MORE FIAT NONSENSE/TRADGEDY:

The US just dropped another few billion of worthless paper claims in Zelensky’s back yard. LINK: https://twitter.com/maxkeiser/status/1747973327694544995

Federal Reserve added a 4th definition of money to their CBDC:
- Means of social control
#Bitcoin or slavery.
LINK: https://primal.net/e/note1y0s9ftjdd2xmhy86hk579p6vzhwnzxjfcnl5wxvmra98pdjvaxaq2lkl2j

SUPPORTING ARTISTS WITH BITCOIN:

By the way, today marks one year since we launched Wavlake. There are now 500 artists with nearly 5k tracks uploaded. Here’s to another year! LINK: https://primal.net/e/note14y84guyj6ex8rsw7z9kscjr72hk2m8ejctkd0cdwzmarzrt32stqk4v5mn

SPARROW WALLET:

Sparrow Wallet v1.8.2: Improved Transaction Tree Labels & More. Sparrow is a free and open source desktop Bitcoin wallet focused on security and privacy. It supports most hardware wallets and is built on common standards such as PSBT, with an emphasis on transparency and usability. LINK: https://primal.net/e/note15e3g3y5rpqcz7p6aa6jaeajhhj804t9u2y6sj00v462pum34k6fscx9mf2

BITCOIN ATLANTIS EVENT MARCH 1-3, 2024:

Introducing @AnyaChekhovich, CFO at @ACF_int, as a #BitcoinAtlantis speaker! 🌐 Facing challenges since 2016 ACF relies on Bitcoin since then. Anna shares insights into navigating financial restrictions. See you in Madeira, Anna! 🚀 #Bitcoin. LINK: https://twitter.com/BitcoinAtlantis/status/1748042891975414139

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