Bitcoin magic playing out, WEF jackass instantly destroyed, ignore idiots, ETFs soaring - Ep.117

7 months ago
78

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has come down a bit to around $70k after earlier pushing up to $71,980. After yesterday’s big $5,000 gain it wouldn’t be surprising if we cool off a bit today. How soon do you think Bitcoin will break it’s all-time high of $73,835?

Is it time? POST: https://x.com/adam3us/status/1792997673621975155

#Bitcoin just hit new ATH in the majority of countries 🌎. You aren't ready for what is coming🚀. POST: https://x.com/Vivek4real_/status/1792700986680819797

The most bullish summer I can imagine for #Bitcoin is low $70k range with no new ATH. Fuel the rocket ship for its voyage to the moon. POST: https://x.com/Mandrik/status/1792928000972902553

The recent peak of capital net inflow to #Bitcoin is similar to early rallies of 2016: a peak followed by an intermission, with the price managing to stay above key levels like the STH cost basis. POST: https://x.com/therationalroot/status/1792892127619256810

YOUR LEVEL?:

Which level are you?
- Level 1: #bitcoin is a crypto currency
- Level 2: Lol, BTC is gambling
- Level 3: I’m too late to BTC
- Level 4: I hold BTC, ETH, XRP etc.
- Level 5: I only hold BTC
- Level 6: BTC is the key to fixing the world
POST: https://x.com/BTC_for_Freedom/status/1792930699197997518

BRAINWASHED NAYSAYERS:

Hostility towards #Bitcoin from people who don't understand it and are just frustrated by its continued rise to infinity is still strong. “People don’t want to hear the truth bc they don’t want their illusions destroyed. Even if it enslaves them.” POST: https://x.com/CarlBMenger/status/1792821876554957245

ADOPTION:

Julian Figueroa: One of the strangest, but most enlightening experiences of my life, was seeing indigenous communities use Bitcoin in Peru like it was an every day banking app. POST: https://x.com/kinetic_finance/status/1792919039020290552

BITCOIN ETFs:

Grayscale had +$72m INFLOWS in the last 4 days. Since launch:
- 79 consecutive days of outflows
- $217m Average outflows
The tide has turned... 🧐. POST: https://x.com/BTC_Archive/status/1792933627921158216

IGNORE JACKASSES:

Bitcoin is up over 350% since Peter Zeihan said #Bitcoin would trade below ZERO. POST: https://x.com/Vivek4real_/status/1792941898132275626

#Bitcoin has officially doubled since Gareth shorted at $35k. POST: https://x.com/80IQmindset/status/1792870745103626266

FIAT/GOVERNMENT NONSENSE:

BRICS Trade Hits New Record as US Dollar Takes Big Hit. ARTICLE: https://watcher.guru/news/brics-trade-hits-new-record-as-us-dollar-takes-big-hit

Household excess savings are gone. What’s next? Brrrrr. POST: https://x.com/CarlBMenger/status/1792959563152457940

Klaus Schwab Steps Down As World Economic Forum Executive Chairman 👀. POST: https://primal.net/e/note1jgztwn7x9y5xxmcut3wm4gx524gmsmmvpa0je4yqp6u9v87t47ts28m2mt

Poor Klaus. Memed out of his dream dictatorship so soon. POST: https://primal.net/e/note1l2x6tm5yeg2attesvsdmllzescel4r9qnmnql8d8rsxrm2jgpdpsl9az8w

THIS DUMB TWEET:

This one. POST: https://x.com/harari_yuval/status/1792934757325553797

Lyn Alden: Encryption is a "technology of distrust" and yet it's what allows us to trust websites and safely buy online. Similarly, Bitcoin gives people more *choice* in who or what to trust, rather than them being beholden to whichever central bank monopoly they happen to be born under. POST: https://x.com/LynAldenContact/status/1792953638681293219

Stephan Livera: This is a fallacy of composition, it's not that bitcoin HODLers distrust all institutions, it is that we specifically distrust the state's control of money. Many other institutions will in fact improve once we take the printer away from the state. POST: https://x.com/stephanlivera/status/1792946338503831729

Freddie New: Hey @harari_yuval - there is a key semantic difference between 'distrust' and ‘trustlessness'. As I explained to you in the post below, there is no need for 'trust' in the #Bitcoin system at all, because the entire system - its code, its transaction history, its methods of validation and confirmation - are transparent and verifiable. You only need to 'trust' something that you cannot independently falsify or verify - like the modern banking system. So why trust at all when you can verify? POST: https://x.com/freddienew/status/1792939141803462823

I love the sound of GRIFTERS squirming, whining and complaining as #BITCOIN DEVOURS THEIR GRIFT WHOLE!!! LFG #BTC. POST: https://x.com/FractalBitcoin/status/1792975640217485607

WISDOM:

“If you wish to get out of prison, the first thing you must do is realize that you are in prison” - Gurdieff. Love this quote because of its many layers of meaning in the transition the world and each of us is going through. Easy to see in others….hard to see in ourselves. POST: https://primal.net/e/note1k5c7mwsqlpre9jhyhdym2ypcwaugkavedac3km80tru0dvx69mcqypfqjn

“The simple step of a courageous individual is not to take part in the lie.” ~ Aleksandr Solzhenitsyn. POST:
https://primal.net/e/note1phqc2vurqpdmr6ctp2dv8mhqa60navny2xrnh29etvtejq0kx73sxmtxry

WHAT THE HECK, WINDOWS???!!!:

We used to call this spyware. POST: https://primal.net/e/note1emrmk72usz4puk7stqz6u24e2hwsjnu382xmmelar8h7tvg4qtqqdvtr23

ETHEREUM SPOT ETF APPROVAL?:

BREAKING: 🇺🇸 SEC tells exchanges to update their Ethereum ETF filings on an “accelerated basis” - CoinDesk 🤔. POST: https://x.com/RadarHits/status/1792688210960920692

$ETH fanbois are enjoying their own little Super Bowl right now and I hate being a buzzkill, but everyone must understand this fact… POST: https://x.com/1914ad/status/1792934285617340613

PROTECTING OPEN-SOURCE DEVS:

The Peer-to-Peer Rights Fund Launched to Protect Open-Source Devs, Starting with Samourai Case. The P2P Rights Fund will provide resources to subsidize defense counsel and sponsor amicus briefs in pivotal cases, support and finance affirmative impact litigation to secure crucial legal precedents, and will offer free or subsidized regulatory advice to developers of non-custodial Bitcoin tools. ARTICLE: https://www.nobsbitcoin.com/peer-to-peer-legal-defense-fund-to-defend-samourai/

TAKE IT DAILY:

Take it daily #Bitcoin #nostr. POST: https://primal.net/e/note16q2zp04f7ut4dzes9d2fkxepnsmc5pgafd5hhwp4pz0fgjhqgu3qvp5chc

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