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Sometimes no-coiners need help to understand just how profound Bitcoin's scarcity really is.
A small thread👇
Terence Michael
15.5K posts
Terence Michael
@ProofOfMoney
Book📚"PROOF OF MONEY"📽️Hollywood🏡Real Estate🤳BTC Vids (in HIGHLIGHTS tab)🎙️Host @bitcointoday__ 🔑BTC help thebitcoinadviser.com/terence 🍊💊
- Satoshi Nakamoto's email dump is just incredible to read. Am I the only one who noticed this part from Email #129?
- Guess who Microsoft’s second largest shareholder is? Guess who made the Bitcoin ETFs happen? 👀🤔
- EL SALVADOR has 6,077 Bitcoin. 6 million people. ABU DHABI has 4,599 Bitcoin. 3.9 million people. So even though Abu Dhabi has a much smaller population than El Salvador, they have caught up in terms of Bitcoin stack (in fact surpassed). BUT... Abu Dhabi owns their Bitcoin via
- 🇺🇸A Strategic Bitcoin Reserve! DO‼️NOT‼️SLEEP‼️ON‼️ THIS‼️ For newcomers to Bitcoin... here's an explainer on why SBRs will change EVERYTHING👇
00:00 - Just checked my Bitcoin dashboard. Wow!!! I still have the exact same Bitcoin.
GIF - Here's why pre-coiners need to pick up a BITCOIN BOOK asap. Date published and Bitcoin price. Which book/price brought you in?
- Despite gold being money for 5000 years, only 0.0% merchant accept it.Despite merchants in El Salvador being required to accept #Bitcoin, only 24.4% of Salvadorans had engaged in a single Bitcoin transaction in 2022. By Sept. of this year, the percentage had declined to just 7.5%. By next year merchants will no longer be required to accept Bitcoin.
- Bitcoin was at $6 when Coinbase started in 2012. Their 9,000 bitcoin could have been acquired for $54k TOTAL. How can one company fumble the greatest opportunity of a lifetime so hard and not stack more? MSTR entered 8 years later, but now has 56X more Bitcoin than Coinbase.
- Terence Michael has acquired an additional .003 BTC for $200 using proceeds from a convertible car and excess ashtray cash for $65,883 per #BITCOIN.MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.microstrategy.com/press/microstr…
- Ross was freed on the 21st. In hindsight it is so obvious.
- 🚨IS NOW A GOOD TIME TO BUY BITCOIN? Here's the definitive answer in just 570 floating seconds with palm trees and music. Bookmark and share with pre-coiners who will never stop asking this question.
00:00 - The very FIRST words of Satoshi's white paper: "Bitcoin: A Peer-to-Peer..." @NSmolenski delivers a simple yet profound talk on the importance of these 5 words at The Bitcoin Policy Summit in DC (@bitcoinpolicy) 🔥
00:00 - This is BULLISH for Bitcoin! Historically, when the emotionally-challenged tourists who don't understand Bitcoin have driven this index down into the FEAR ZONE (below 25), we've followed up with a massive surge in price. And now we sit at "10"... an even LOWER score than when
