No matter what you think of #Bitcoin on its birthday, understand that in 12 years it went from nothing, to the 7th most valuable "currency" in the world. This is truly remarkable.🌍
(Note you must use the Monetary Base as comparable money, everything else is simply a claim).
Since #Bitcoin was created 12 years ago:
✅60% of all US dollars ever were printed;
✅66% of all fiat currencies ever were printed (valued in USD);
✅89% of all bitcoins ever were minted.
In one of these scenarios, the word "ever" means the year 2141, and beyond.
30th of August 2020 vs today and the time between. #Bitcoin.
To cite two famous economist of our time:
"It's going down - I'm yelling timber."
-Pitbull and Ke$ha
30th of August 2020 vs today.
Not everything was bad in 2020. #Bitcoin
Wow https://twitter.com/BTChap/status/1339448903956086784 https://t.co/LzaZ5PvKAk
I have already contacted a law firm that specializes in class action lawsuits, will keep you updated on the progress here.
#Ledgerhack #LedgerBreach #ledger #Bitcoin
@ledger If any lawyers want to start a class action suit, I’m sure many of us will jump on board. This has just gotten 10,000x worse now.
#Bitcoin is in a supply and liquidity crisis.
This is extremely bullish! And highly underrated.
I believe we will see this significantly reflected in Bitcoin's price in the upcoming months.
Let's take a look at the data.
A thread 👇👇👇
Falling revenues and costly pandemic relief measures have increased global debt by $20 trillion since the third quarter of 2019. By the end of 2020, global debt might reach $277 trillion, or 365% of world GDP.
Yet there still are just 21M #Bitcoin.