š§ Quote(s) of the week:
"The real Bitcoin Strategic Reserve is the Bitcoin held in the wallets of individual citizens. A strong nation of citizens who have strong Bitcoin reserves is going to be okay." -
Marty Bent

š§”Bitcoin newsš§”
"The premise required for the universe to function is the conservation of energy. A person without energy is a ghost. An object without energy is an image. Money without energy is credit." āMichael Saylor

On the 26th of May:
ā”ļø'Bitcoin capital flows could exceed $120B by the end of 2025 and reach $300B in 2026, per Bitwise. U.S. spot Bitcoin ETFs attracted over $36.2B in net inflows during 2024, outperforming expectations and exceeding early SPDR Gold Shares (GLD) performance by 20x.' -Bitcoin News

ā”ļøMichael Saylor's STRATEGY becomes the first company to hold over 500,000 Bitcoin on its balance sheet. Over the last 64 days, Saylor has purchased approximately 80,000 Bitcoin.
ā”ļøRiver: '2-3% inflation per year sounds harmless... until you zoom out. Every line on this chart is a reason Bitcoin exists.'

ā”ļøState Street Corporation has bought 1.13 million Strategyāæ $MSTR stocks for 344.78 million dollars at an average price of $304.41 per share in Q1 2025. Their total holdings are 4.98 million shares worth over 1.84 billion dollars.
On the 27th of May:
ā”ļøCantor Fitzgerald officially launches $2 BILLION Bitcoin-backed lending with first loans, partnering with Anchorage Digital and Copper. - Bloomberg
ā”ļøTrump Media Announces Approximately $2.5 Billion Bitcoin Treasury Deal. Trump Media is following the MSTR playbook. With that amount, you can now buy over 22,500 BTC. TMTG would then enter the list of largest corporate Bitcoin holders in fourth place.
Pledditor: "Trump just sabotaged Cynthia Lummis's BITCOIN ACT by doing this I see no future where Trump buys billions of dollars of bitcoin and then Congress codifies SBR into law. The corruption is just too brazen." Spot on! Considering the brazen corruption so far this actually makes it more likely.
ā”ļø'Jack Dorseyās Block to launch Bitcoin Lightning Payments on all Square terminals!' -Bitcoin Archive
Jack Dorseyās Block is launching Bitcoin payments on Square at the Bitcoin Conference. Merchants can choose to hold the BTC or automatically convert it to fiat. The feature will expand to more sellers later this year.
ā”ļøSminston With: "But yes, I'm sure this cycle has peaked."
'Bitcoin cycles @ power law fit, a la 365-day SMA At ~$110,000/coin today, the 365-dSMA is only touching the trendline; History shows each cycle moving 2-3x higher than this. Have a nice day!'

ā”ļøWhales have shifted to net distribution with a score around 0.3, reversing their earlier accumulation pattern during this year's price rallies, according to data from Glassnode.
ā”ļøFast food giant Steak 'n Shake announced they're saving 50% in processing fees accepting Bitcoin payments '#Bitcoin is faster than credit cards'
ā”ļøBlackRock increases Bitcoin exposure for their own funds. The Strategic Income Opportunities Portfolio now holds 2,123,592 shares of IBIT as of March 31 (worth $99.4M) up from 1,691,143 shares on December 31.
ā”ļøInteresting, so Michael Saylor is refusing to publish on-chain proof of Bitcoin reserves...
If Metaplanet and El Salvador can do proof of reserves, why not Strategy? At the end of the day, it's investors' money that is being used to buy Bitcoin. What am I missing?
Arkham: 'SAYLOR SAID HE WOULD NEVER REVEAL HIS ADDRESSES ... SO WE DID We have identified an additional 70,816 BTC belonging to Strategy, bringing our total identified MSTR BTC holdings to $54.5 Billion. We are the first to identify these holdings publicly. This represents 87.5% of total MSTR holdings (including assets in Fidelity Digitalās omnibus custody).'
intel.arkm.com/explorer/entity/microstrategy
Don't Trust, Verify!
On the 28th of May:
ā”ļøGameStop CEO says the company bought 4,700 #Bitcoin because it's better than gold. "It has asymmetric upside."
Parker Lewis: Gamestop bought 4,710 Bitcoin (or 471 billion bitcoins) and the CEO says things like "if the thesis is correct." That is a scary place to be, relying on some thesis. "But, we'll see what happens."
Zero vision, great. This pretty much sums up the Bitcoin conference from last week: a repetitive parroting of Bitcoin fundamentals with zero substance beyond ābuy Bitcoin, itās the future.ā
Most of the time these people will do the following thing. Sell low after buying high. Anyway, Gamestop is up 4.20% in pre-market after announcing a purchase of 4,710 Bitcoin. They're now the 13th largest public company holder of BTC in the world.
ā”ļøIMF says "efforts will continue" to prevent El Salvador from acquiring more Bitcoin.
ā”ļøThe U.S. Department of Labor has officially reversed its 2022 guidance on Bitcoin and crypto in retirement plans.
ā”ļø UK MP @EmmaforWycombe writes that the āUK government currently has no plans to adopt a strategic bitcoin reserve.ā She believes Bitcoinās āproperties as an asset nonetheless remain inconsistent with the objectives and investment principles that govern the Government's foreign exchange reserves.ā
The UK government appears dead set on fumbling a bag of 61,000 BTC. HFSP!

ā”ļøRyan Gentry: 'The biggest news at @TheBitcoinConf just dropped. @milessuter shared that the c= routing node is earning 9.7% APR on its bitcoin liquidity (which Iād estimate at ~$10M, 50% of its 184 BTC of public capacity). True non-custodial yield based on the utility of bitcoin payments.'
Great response on the matter by Sam Callahan: "Imagine a treasury company with 1,000 BTC earning ~10% annual yield. Sovereign, Bitcoin-native yield without counterparty risk thatās tied to the economic activity of Lightning instead of interest rate policy. At $1M per BTC, thatās $100M in annual recurring revenue."
9.7% REAL yield on a payment network while holding the keys to their BTC the entire time!! Madness! The constant claims that no one uses lightning are ridiculous.
On the 29th of May:
ā”ļø Investors are selling gold for Bitcoin - Bloomberg Gold ETF outflows: -$2.8 billion Bitcoin ETF inflows: +$9 billion.
ā”ļø'Spanish banking giant Banco Santander looking to make Bitcoin and stablecoins available to retail clients. Santander has 175 million customers worldwide and is the BIGGEST lender in the Eurozone.' - Bitcoin Archive
ā”ļøThe U.S. Department of Labor rescinded 2022 guidance discouraging 401(k) plans from including Bitcoin and cryptocurrency, allowing retirement plans to potentially include Bitcoin and other digital assets. If just 1% of the $8 trillion in 401k funds flows into Bitcoin, thatās $80 billion of new demand, and 2x more than whatās flowed into Bitcoin ETFs.
ā”ļø Blockstream launches the Blockstream App, enabling users to buy Bitcoin directly and store it in a self-custodial wallet, eliminating the need for third-party custodians.
ā”ļø$550 billion DBS bank says Bitcoin mining could help stabilize the grid and reduce emissions.
ā”ļøTether reveals that it owns over 100,000 Bitcoin & +50 tons of gold.
ā”ļøParis Saint Germain adopts Bitcoin as a Treasury Reserve asset.
ā”ļø'The supply of BTC held by long-term holders has now increased by OVER 1.4 MILLION in under 3 months! The market's most experienced participants are refusing to sell Bitcoin at these prices, and soon there won't be enough $BTC left for those late to the party...' - Bitcoin Magazine Pro
On the 30th of May:
ā”ļøJoe Consorti:
It was foretold. Should Bitcoin follow global M2 all the way down on this correction, we may see $97,500. May not happen, may see lower, nobody knows. The only certainty is that the global aggregate of fiat denominated in USD will rise, and so too will BTC follow it in time.

ā”ļøBuy Real Bitcoin, and NOT:
ā BTC Companies,
ā Wrapped BTC
ā BTC IOU's
ā ...
Bitcoin in self-custody is the only way you get all the benefits of BTC.

And please, as Wicked described it perfectly: 'Donāt run a node for Bitcoin, run and use it for yourself. Your humble little node isnāt saving the network, but it can protect your privacy and verify that the coins you receive are legitā¦if youāre actually using it.'
On the 31st of May:
ā”ļøThe Texas legislature has passed the Strategic Bitcoin Reserve bill. It now goes to Governor Abbott who is expected to sign it into law. This is a historic moment for Bitcoin and Texas, one of the largest (8th largest) economies in the world.
ā”ļøBitcoin News: 'Norwegian digital asset firm K33 has raised 60 million SEK (about $5.6 million) to expand its Bitcoin treasury. The funds were secured from insiders and strategic investors, including Klein Group and Modiola AS. CEO TorbjĆørn Bull Jenssen said the move reflects K33ās belief in Bitcoinās long-term role in global finance and strengthens the companyās balance sheet as it grows its presence as a leading crypto broker in Europe.'
ā”ļø IMF raises concern over Pakistanās Bitcoin mining power plans. They want everyone under their control. They can't do it with Bitcoin. They might be losing another 'customer'. The IMF sees all the debt slaves becoming financially sovereign and independent by embracing Bitcoin.

I have rewritten Daniel Batten's quote/post on this matter:
**
'Why Pakistanās Bitcoin Plans May Not Survive the IMF"
**
While Iām an optimist by natureāand I truly hope Iām wrongāI believe Pakistan will struggle to follow through on its Bitcoin and Bitcoin mining ambitions.
Short Answer: The IMF
Mid-Length Explanation:
- Bitcoin poses a significant threat to the IMFās influenceāon at least five fronts.
- Pakistan is heavily indebted to the IMF, and history shows a clear pattern: the IMF has already derailed or scaled back Bitcoin initiatives in all of the three countries that attempted adoptionāEl Salvador, Argentina, and the Central African Republic.
- Pakistan will likely face similar pushback.
- And given Pakistanās economic vulnerabilities, itās equally likely that the IMF will succeed.
What the IMFās Next Steps Might Look Like
- Manufacturing Doubt and Delay The IMF will likely begin by generating fear, uncertainty, and doubt (FUD) around the viability of Pakistanās Bitcoin program. Expect references to:
- āEnergy shortagesā
- āHigh electricity costsā
- āUnclear regulatory frameworksā
- āAnti-money laundering (AML) concernsā
These will be framed as responsible concerns by a seasoned financial guardian. The IMF may also imply that Pakistan acted prematurely, noting the country did not consult the IMF before announcing its Bitcoin initiativeāsuggesting a lack of due diligence. However, these objections are highly debatable. Multiple peer-reviewed studies show that Bitcoin mining can improve grid stability and lower electricity costs. Moreover, examples like Bhutan and El Salvador demonstrate how Bitcoin can enhance economic sovereignty. But thatās precisely the issue: economic sovereignty reduces the IMFās lending relevance, and thatās not in the IMFās institutional interest.
- Weaponizing Debt and Conditionality
Under its $7 billion Extended Fund Facility program, the IMF is likely to:
- Demand FATF-compliant crypto regulation
- Prohibit state-level Bitcoin accumulation
- Tie loan disbursements to rollbacks on Bitcoin and mining-related policies
This approach exploits Pakistanās financial dependence on IMF loans to meet external debt obligations and maintain its foreign exchange reserves.
- Enforcing Compliance Through Vulnerability
Pakistanās financial position leaves little room for defiance:
- It faces $12.7 billion in debt repayments in FY 2025.
- Without IMF support, reserves could fall below $4 billion, covering less than one month of importsāfar below the threshold needed for macroeconomic stability.
- A repeat of early 2023, when reserves fell to $2.92 billion, would likely trigger another balance-of-payments crisis.
This would pressure the Pakistani rupee, already having depreciated from PKR 100 to over 330 per USD since 2017, and could push the country closer to default. Given its past FATF grey-listing, Pakistan cannot afford another multilateral funding freeze.
So What Does This All Mean?
It means the gloves are off.
The IMF is no longer merely advisingāitās actively resisting. Bitcoin threatens its long-standing monopoly over financially vulnerable nations, and Pakistan is shaping up to be the fourth test case of this resistance. If the IMF pressures Pakistan into reversing course, it will mark a 4-for-4 track record in blocking Bitcoin adoption efforts by countries under its financial umbrella.
The Bigger Picture
This is how entrenched institutions behave when facing disruption. They wonāt stand asideātheyāll use every tool available to defend the system they control.
If a nation wants to adopt Bitcoin, it must either:
- Be financially independent, like Bhutan or even the United States, or
- Secure alternative funding, so IMF leverage becomes ineffective.
Bitcoin isnāt just a financial network. Itās a threat to the debt-based global orderāand that means those invested in the status quo will fight back.'
ā”ļø'Recent analysis by market research firm Alphractal suggests that, based on its current Sharpe Ratio, a key measure of risk-adjusted returns, Bitcoin still has room to run. The metric, which compares excess returns to volatility, is trending upward but remains well below the historical levels that have marked past market tops in 2013, 2017, and 2021.' - Bitcoin News

ā”ļøPublicly-listed Brazilian fintech MĆ©liuz to raise $78m to buy more Bitcoin, after buying $26.5m Bitcoin yesterday.
On the 1st of June:
ā”ļøBitcoin made its Highest Monthly Close ever last night!
ā”ļø Someone just donated 300 Bitcoin worth +$30m to Ross Ulbricht, founder of SilkRoad.
intel.arkm.com/explorer/entity/ross-ulbricht
ZakeXBT: 'Interestingly the 300 BTC appears to come from Jambler outputs (sketchy centralized mixing service) Whereas normal privacy enthusiasts use decentralized mixers (Wasabi, Samourai, etc).'
Even if he is washing his own Bitcoin, (I don't think he is that stupid) not everyone is a sheep what he does is his own business no need to attract attention to it. I really don't give a damn if he still had those funds, or if it's donations. Good for him in any case.
ā”ļø New Record Bitcoin Hashrate 920,000,000,000,000,000,000x per second.

Bitcoin's global hashrate has reached a new all-time high, with data from Hashrate Index showing a 7-day simple moving average peak of 943 EH/s.
ā”ļøTop Bitcoin holders:
- Satoshi Nakamoto: 1.1M BTC ($114B)
- Coinbase: 983K BTC ($103B)
- Binance: 619K BTC ($65B)
- BlackRock: 600K BTC ($63B)
- Strategy: 580K BTC ($47B)
- Fidelity: 346K BTC ($36B)
- Grayscale: 218K BTC ($23B)
- U.S. Government: 196K BTC ($20B)
On the 2nd of June:
ā”ļøIG Group becomes the first UK-listed firm to offer Bitcoin trading to retail investors - Financial Times āCustomer demand [for bitcoin] is reaching a tipping point,ā says MD Michael Healy
ā”ļøTether moved 14,000 Bitcoin worth +$1.4 BILLION to Twenty-One Capital (XXI) as part of its investment.
ā”ļøHong Kong-based Reitar Logtech announces they will buy $1.5 billion Bitcoin for their reserves ā SEC filing The logistics and real estate company says the move strengthens its financial foundation as it scales its global tech platform.
ā”ļøRussia's largest bank Sberbank launches structured bonds tied to Bitcoin. Source
"No power on earth can stop an idea whose time has come"

ā”ļøAustralian Bitcoin ETFs took in 60x more funds thant Gold ETFs in May - AFR Bitcoin = $87.3m Gold = $1.5m
šøTraditional Finance / Macro:
šš½No news
š¦Banks:Ā
On the 21st of May: šš½No news
šMacro/Geopolitics:
So last week we received the latest Google Veo 3 AI videos. Prompt Theory (Made with Veo 3). What if AI-generated characters refused to believe they were AI-generated?
People were going nuts online with statements like: "Inevitably, this is going to end up destroying life as we know it. AI growth from just two years ago to now is insane. We are dooming ourselves. I promise you, this all ends badly for humanity."
I don't think so. Yes, in some cases it will be a bad thing. But as Guy Swann said: "They said even worse about photography No it wonāt end the world. You just wonāt trust anything online because you see it. We know what the solution to that is already, build local communities and use cryptographic signatures online. It just makes trust a much more valuable commodity. Which is a good thing, imo."
In the end, it will be a good thing to use Bitcoin. Build again trust, and build local communities.
On the 26th of May:
šš½'Japan's bond market is EXPLODING: Japan's 40-year government bond yield has SKYROCKETED over the last 3 years and is trading at record highs. In 45 days, Japan's 30Y Government Bond Yield rose a MASSIVE +100 basis points, to a record 3.20%. Over $500 BILLION worth of "safe" 40Y Japanese Government Bonds have lost 20%+ in 6 weeks.
Will this trigger bank failures? Is carry trade at risk? Is the Bank of Japan going to step in? The financial system is fragile.' - Global Markets Investor

On the 27th of May:
šš½Michael A. Arouet: 'Many people will lose their well-paid jobs. Investment bankers, lawyers, consultants, accountants, doctors, designers, architects, and others. It will be brutal folks, buckle up.'

šš½38% of the U.S. debt maturity needs to be rolled over into long-term Treasuries by 2026.

šš½'Unrealized losses on domestic bond holdings for 4 of Japanās largest life insurers rose to a record $60 billion in Q1 2025. This is 4 TIMES more than the unrealized losses seen in Q1 2024. Nippon Life, the largest Japanese insurer and the worldās sixth-largest life insurance company posted $25 billion in paper losses, marking a +260% jump YoY. This comes as Japanās 30-year and 40-year bonds have seen one of their most violent price declines in history. Japanās financial system is on the edge.' -TKL

šš½ 'Gold's funds posted $2.9 billion net OUTFLOW last week, the biggest since April 2013 and the 3rd-largest on record. This comes after a massive rally year-to-date. Much needed correction has finally come.' -Global Markets Investor
šš½Japan's bond market liquidity has currently dropped to 2008 Lehman crisis levels. Remember when troubles started in Iceland in 2007? Today we have Japan, the UK, and Switzerland in a similar spotā¦
On the 28th of May:
šš½France Running Out Of Money? Auditors Warn State Has "Lost Control" Of Welfare Spending, IMF Demands Cuts
šš½The US M2 money supply hits a new all-time high in April for the first in three years. Got Bitcoin?

šš½McKinsey terminates 10% of staff (largest in 100 years) due to a sharp slowdown in revenue growth across the consulting market. Itās actually over for MBA consultants. McKinsey said: āGenerative AI enables new levels of productivity for our teams.ā Source: archive.ph/Q2zm8
šš½What a graph. The median age of first-time home buyers is spiking, now approaching 40.

Russ Greene: "When boomers are done, the median first-time home buyer will be 48, the national debt will be 60 trillion, the code of federal regulations will be a quarter million pages long, and they will not at any point have been vaguely aware of what they did to this nation."
Unfortunately, this is also happening in the Netherlands.
šš½'Saving becomes impossible in the Netherlands with the new draconian Box 3 regulation.
Monthly contribution: ā¬150
Investment horizon: 40 years
Annual return: 10%
Model 1: 1.2% wealth tax per year on total assets (the old tax system) Model 2: 36% tax per year on unrealized gains
The difference between having enough saved for retirement or notā¦
Due to the compound interest effect, you miss out on it. Even if you never sell over those 40 years and only invest in S&P 500 ETFs, you still miss out on hundreds of thousands of eurosā¦
No rights can be derived from these calculations. Obviously, I'm too lazy to do the math myself, so all calculations were done by AI.' - Tsartoshi

šš½The White House says there will be no increase in the US deficit under President Trumpās tax bill. Recent estimates have suggested the bill would increase the US deficit by $3.8 trillion.
On the 29th of May:
šš½Alex Recouso: 'The recent capital gains tax increase in the UK was expected to bring additional tax revenue. Instead, high-net-worth individuals and families are leaving the country, leading to a 10% fall in net capital gains tax revenue. Welcome to the Laffer curve, suckers.'

Amazing how so many people in governments around the world donāt understand human nature. Same story in every country that tries this. Socialists are a strange species, they always repeat the same mistakes and are surprised that the results are always the same. Why are they so detached from reality? I suspect future attempts will include banning people from leaving entirely.
Another example...
šš½North Sea electricity grid leads to a sharp increase in energy bills. Source NOS 'The construction of infrastructure for offshore wind farms in the North Sea could lead to significantly higher energy bills for Dutch households. Over the next 15 years, a staggering ā¬88 billion will be spent on laying cables and building platforms, according to government calculations made earlier this year. While energy companies currently receive no subsidies for building wind farms, that doesnāt mean it wonāt cost us money.'
That makes sense, right?
Sun and wind are free. So the more we invest in that free energy, the more expensive energy becomes.
The climateā¦
The following I have asked chat GPT:
What Could ā¬88 Billion Buy in Nuclear Energy?
Letās take a closer look at what ā¬88 billion could achieve if invested in nuclear power, using realistic and conservative estimates.
Average Cost of a Nuclear Power Plant
The construction of a modern nuclear power plantāsuch as an EPR or AP1000ātypically ranges between ā¬8 and ā¬12 billion, depending on factors like location, scale, regulatory environment, and potential delays.
For this estimate, we'll use a conservative average of:
š ā¬10 billion per plant How Many Plants for ā¬88 Billion? Dividing the total investment by the average cost: ā¬88 billion Ć· ā¬10 billion = 8.8 nuclear plants
š This means approximately 8 to 9 large-scale nuclear power plants could be built. Electricity Output Comparison
A single 1.6 GW nuclear plant generates around 12 to 13 TWh annually. Therefore, 8 plants would produce approximately 100 TWh per year. This output would cover roughly 50% of the Netherlandsā current annual electricity consumptionāand do so with a stable, low-carbon baseload supply.
Now as you might already know I am apolitical. But sjeezzzz
'How is this possible, Frans Timmerman? āYou hardly need any public money to invest in renewables,ā he said! Was this ignorance or deliberate misinformation? Socialist āsolutionsā should always come with a clear warning label:
šØ Warning: Past socialist outcomes guarantee deep misery for the future.
Plenty of examples. Everyone is equally poor! āClimate justice.ā Who comes up with this stuff?'
Again, I am not picking a political side, just stating the obvious... Check out the next example...
On the 30th of May:
šš½'Itās really time for the West to rethink its economic model, moving to a service-based economy creates security and geopolitical risks. We need to rebuild our manufacturing base.' - Michael A. Arouet Chart @econovisuals

Funny isn't it how regulatory burden distorts incentives away from manufacturing and atoms to services and bytes? We traded short-term corporate profits for long-term civilizational power. Is this the point of no return, or can the West still rebuild what it systematically dismantled?
šš½The European dream. Work 40 hours per week and get taxed close to 50%, if not more, to fund a bloated government and mass immigration. And because it's so much fun, you get to do it until you're 70.

šš½Argentina's economy expands 8% year-over-year in april according to EMAE
šš½TKL: 'The US government's default risk is rising: 1-year US credit default swaps (CDS) have risen to 52 basis points, near the highest since 2023.
Excluding the 2023 debt ceiling crisis, the cost of insurance against the US government's default is at its highest in 12 years. Furthermore, the outstanding volume of credit default swaps has risen by ~$1 billion this year, to $3.9 billion, the second-highest since 2014. This comes as investors are increasingly concerned about the US government's rising deficit.
The US reached its statutory borrowing limit in January and employed āextraordinary measuresā to avoid a default. The debt ceiling crisis has never truly been resolved.'
On the 31st of May:
šš½'Global debt just hit $324 TRILLION. Thatās 3x the size of the worldās entire economy. This isnāt just a number, itās a ticking time bomb.' - Stockmarket News
Why Bitcoin, well this:

šš½Japanese Stocks just saw a weekly outflow of almost $12 Billion, the largest in history.
On the 2nd of June:
šš½JEROME POWELL: "The end of the Breton-Woods era fundamentally changed monetary policy" He just told you "WTF Happened in 1971?".
The end of the Bretton Woods system in 1971, as Jerome Powell noted, shifted global monetary policy from fixed exchange rates, where currencies were pegged to the U.S. dollar (tied to gold at $35/ounce), to floating rates driven by market forces. This gave central banks like the Federal Reserve more flexibility to manage domestic issues like inflation and jobs but made global economic ties more complex. The collapse happened due to U.S. dollar surpluses from spending on the Vietnam War and trade deficits, leading to gold reserve losses as countries like France swapped dollars for gold. Nixon ended dollar-gold convertibility to protect reserves. This shift caused trends like higher inflation and inequality, often linked to "WTF Happened in 1971?" debates.
Here is the video: x.com/RadarHits/status/1929611410100937125
Meanwhile...
šš½The US will never default on its debt, says Treasury Secretary Scott Bessent. "We are on the warning track and we will never hit the wall."
šš½Gold prices surge above $3400/oz as markets react to rising geopolitical tensions between Russia and Ukraine.
šš½Sminston With: "Nothing stops this (already completely derailed) train. - - - If you haven't seen this, you should: the correlation between M2 money supply and US total debt (USD). In the early COVID-19 days, the money supply was way ahead of debt, and now the debt is way ahead of the money supply. Can you say "mean reversion?".

šIf you have made it thisĀ far, I would like to give you a little gift:
Lysander: "Lyn Alden gave one of the clearest breakdowns of why the U.S. is on an unstoppable fiscal pathāand why Bitcoin matters more than ever because of it.
Lyn Alden walks through the numbers behind the federal deficit, interest expenses, Social Security, and the structural changes that happened post-2008. The short version? Weāre in a new era. One where the government canāt slow down even if it wants to.
The debt is compounding. The interest expense is rising. The trust funds are running dry. And the political will to do anything about it doesnāt exist.
Her phrase: āNothing stops this train.ā Not because of ideology, but because of mathāand human nature.
This isnāt hyperinflation doom-talk. Itās a sober look at what happens when a system built on ever-growing debt reaches its limitsāand why Bitcoin, with its fixed supply and transparent rules, is the opposite of that system.
Highly recommend watching this one all the way through."
x.com/UnderCoercion/status/1928280669764931860
Credit: I have used multiple sources!
My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly.
Use the code SE3997
Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple. ā ā
ā ā ā ā ā ā
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ā Many thanksā
Felipe - Bitcoin Friday!
āāāāāāāāāāāāāāāāāā
