Blackrock's #Bitcoin ETF now holds 245,951 BTC, up 2,324 from yesterday. Buying is back up - as price comes up, it will increase. Rich people FOMO will start after $100K IMO. 900 BTC are issued per day. Around April 20, this will drop to 450. Blackrock clients bought ~3x of the amount of BTC that was produced.

In the current financial system, your wages rise over time but you lose purchasing power. 1971: ~$10,000 average annual income could support a family of 4. Today: ~$60,000 average annual income can barely support an individual. Bitcoin fixes this. On a Bitcoin standard, you will see smaller nominal figures over time for income and prices, but the purchasing power of your savings will increase over time. In 2009: 1 BTC bought nothing In 2012: 1 BTC bought 1 fast food meal ($12.48) In 2016: 1 BTC bought 2 weeks of groceries for a family of 4 ($654.76) In 2020: 1 BTC bought 6-8 months of groceries ($9,314.28) Today: 1 BTC has the purchasing power to buy ~4-5 years worth of groceries ($70,380.64) In 2028, what will 1 Bitcoin buy? What will 0.1 Bitcoin buy? How about 0.01 Bitcoin? Bitcoin's purchasing power increases over time because it has a finite supply and can fulfill all the functions of money.

Reminder: You can buy fractions of Bitcoin 1 Bitcoin = 100,000,000 Satoshis This is like dollars and cents 1 dollar = 100 cents If you have 0.1 dollars, you have 10 cents Similarly, if you have 0.0003 Bitcoin, you have 30,000 Satoshis (Sats) When you buy Bitcoin, you are converting your dollars into (or SELLING them for) Bitcoin Some popular conversion rates: 1 Bitcoin = 69,800 USD 1 USD = 0.00001432 BTC (1432 Sats) 1 Bitcoin = 64,128 Euro 1 Euro = 0.00001558 BTC (1558 Sats) 1 Bitcoin = 94,431 Canadian Dollars 1 CAD = 0.0001059 BTC (1059 Sats) 1 Bitcoin = 55,100 Pounds 1 Pound = 0.00001814 BTC (1814 Sats) 1 Bitcoin = 502,254 Yuan 1 Yuan = 0.00000199 BTC (199 Sats) 1 Bitcoin = 10,532,668 Yen 1 Yen = 0.0000009 BTC (9 Sats)

Blackrock's Bitcoin ETF now holds 243,627 BTC, up 501 from yesterday. I think this decreased buying pressure from IBIT customers is temporary and will resume to previous levels soon enough. 900 BTC are issued per day. Around April 20, this will drop to 450. Blackrock clients bought ~60% of the amount of BTC that was produced.

Something like 1% of the world owns Bitcoin Probably less than 0.1% truly understand what they own

Over the next 30 years, your expenses will very likely increase in cost faster than your wages If you don't learn to manage your finances, you WILL end up poor You'll have to cut more and more of the things you love just to make ends meet Don't put yourself in this situation

Blackrock's Bitcoin ETF now holds 243,126 BTC, up 297 from Thursday. This is the smallest purchase made since the inception of the ETF. I think this is temporary and buying pressure from IBIT customers will resume soon enough. 900 BTC are issued per day. In April this will drop to 450. Blackrock clients bought 33% of the amount of BTC that was produced.

I used to think stocks are the best investment I used to think inflation is a good thing I used to think the tax code was fair I used to think the financial system was designed to help us rather than hurt us As I'm presented with new information, I change my mind, as anyone should The fiat currency system is designed to keep the working class working forever The wealthy get many advantages that the poor don't, just because they have more money This is why Bitcoin will change the world BTC levels the playing field It gives EVERYONE the same property rights and level of freedom

When Microstrategy is part of the S&P 500, Bitcoin will be in EVERYONE'S portfolio. You will have exposure whether you like it or not. Why not try to figure out how Bitcoin works BEFORE that happens? When everyone has exposure, Bitcoin will cost A LOT more than $64K.

Smart money is accumulating Bitcoin. Dumb money is dismissing Bitcoin.