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This is the ultimate signal of adoption—reflecting the sheer magnitude of wealth and capital now stored in Bitcoin. A truly historic milestone. Never before has capital poured into BTC at this velocity. This isn’t just another bull market—it’s something extraordinary. Source: Invest Answers image
“You can’t live in a ₿itcoin” @ODELL
Retail is starting to show up. Newbies bought 140,000 in July so far. image
Inflation Is Not Just a Theory—It’s been draining your wallet for decades Let’s look at the numbers. In the year 2000, the average American family paid $6,000 per year for health insurance premiums. Fast forward: 2003: $9,000 2006: $11,000 2009: $13,000 2012: $16,000 2015: $18,000 2018: $20,000 2021: $22,000 2024: $26,000 That’s a 342% increase in just 24 years. Now here’s the kicker: over the same period, the official U.S. inflation rate (CPI) has averaged only 2.5% per year. So while the government says inflation is “small or neglible,” real-world costs like health insurance tell a very different story. If inflation truly were only 2.5% annually, that $6,000 premium in 2000 should be about $10,000 today—not $26,000. Inflation compounded over time—quietly eroding purchasing power, gutting savings, and making life more expensive in ways many don’t notice until it’s too late. Don't believe 2.5% for a second. Inflation isn't just a number. It's a very real silent tax. Source: Invest Answers image
If you add the exchange holdings and the ETF holdings you get 18.08% of Bitcoin is not held in self custody. Only 2.69% is. There are 2.1 million Bitcoins held on exchanges and IMO most of those are not for sale. People just leave them there because they don't trust themselves to self custody. This means that the chance of a supply shock is real. That means we could get to 40 or more ounces of gold per Bitcoin. In other words a new Bitcoin all time high. image
Measuring ₿itcoin in dollars is a hopeless ritual. Measuring in terms of how many ounces of gold does it take to buy 1 ₿itcoin is the way. Measuring in terms of purchasing power parody is the way. Right now it takes 35.15 ounces of gold to buy 1 ₿itcoin. The all time high was 40 ounces of gold so we are not at an all time high yet. At $123,000 we were still only at 37.27 ounces of gold to buy 1 ₿itcoin. If gold stays at $3,300 per ounce then ₿itcoin needs to reach $132,000 for a new all time high and reach 40 ounces of gold per ₿itcoin. If gold goes to $3,500, ₿itcoin will need to reach $141,000 for a new all time high and purchase 40 ounces of gold. Price everything in terms of ₿itcoin, not dollars.