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Bitcoin is a $100T idea currently valued at $2.2T.
Thank you for your attention to this matter.
Joe Consorti
19.5K posts
Joe Consorti
@JoeConsorti
Bitcoin | Building Horizon | Convert Home Equity to Bitcoin @JoinHorizon
Joined October 2015
- Biden is proposing a 44.6% capital gains tax, the highest ever, previously set by Jimmy Carter. Here's how that worked out for Jimmy Carter:
- $1.3 BILLION IN SHORTS were liquidated in less than 60 seconds. Bitcoin skipped straight past $120k and went directly to $121k. At $2.39 trillion, Bitcoin is now officially larger than Amazon, and is the world's 5th largest asset. Remember this day.
- Offered the waiter a 100% tip in bitcoin - he declined. We are so early.
- It's official. We won. The United States now holds 198,109 BTC in its Strategic Bitcoin Reserve. Also, the "Digital Asset Stockpile" is separate in this bill—bitcoin is now distinguished from "crypto" at the federal level.
- Bitcoin has tracked global M2 with a ~70-day lag since September 2023. I don't want to alarm anyone, but if it continues, bitcoin could be in for a 20-25% correction. Global M2 in ⚪️ Bitcoin in 🟠
- This scammer got scammed by another scammer, so he booked a flight to The Bahamas and is LARPing like a mob boss outside of his condo 😭 "Crypto" at its finest.
00:00 - We are here in the movie.
00:00Zillow Home Loans announced its 1% Down Payment program to allow eligible home buyers to pay as little as 1% down on their next home purchase - I was promised a Strategic Bitcoin Reserve, and I got 50-year mortgages, $2,000 stimulus, and the weakest bull market year in bitcoin's history.
- UFC lightweight Renato Moicano just delivered an all-timer in his post-fight interview. He tells Americans to have more kids, go to Church, and warns that we're turning into a third-world country. This Brazilian has more patriotism than the entire American left.
00:00 - Just met a 22-year-old cop at a bar. He owns 3 AirBnBs in a remote part of Massachusetts that he financed with adjustable-rate mortgages at 2.75% in 2021. He only put 3% down. It is worse than you may think, folks.
- 80,000 BTC, over $9 billion, was sold into open market order books, and bitcoin barely moved. That's the story.
- Bitcoin dropped like a stone on news that 25% tariffs on Mexico/Canada, and 10% tariffs on China go into effect tomorrow.
- Bitcoin is following the 2017 cycle to a T. It's uncanny. Let 'er rip 🚀
