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We Need In-Kind Redemptions For The Spot Bitcoin ETFs

[Dec 20, 2024 11:22 PM] Follow Frank on X. On a recent episode of the Coinage podcast, guest SEC Commissioner Hester Peirce said that she is open to reconsidering in-kind redemptions for spot bitcoin ETFs.(For those who aren’t familiar with the term “in-kind redemption,”�

Bought Bitcoin at $108,000? Don't Panic

[Dec 20, 2024 8:31 PM] Bitcoin’s price is down over 10% from its all-time high and its critics are taking victory laps this week as bitcoin has plummeted all the way back to… $97,000. It is still practically almost $100,000 for a single bitcoin. It is crazy to me to…

It’s Time to Admit It – There Are Only 2.1 Quadrillion Bitcoins

[Dec 20, 2024 2:47 PM] If the above statement offends you, you might not have read the Bitcoin source code. Follow Rizzo on X.https://x.com/pete_rizzo_/ Of course, I’m sure you’ve heard that there are 21 million bitcoin – and…

Bitcoin Investors Are Now Up $67,000 On Average – And This Is Just The Start

[Dec 19, 2024 9:26 PM] According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,”…

Bukele Is The President of El Salvador, Not Bitcoin

[Dec 19, 2024 7:42 PM] As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021:A legal tender mandate requiring businesses to accept BitcoinShutting down Chivo, the state run wallet and…

Don't Fall for the Bitcoin Crash – It's Just a Breather

[Dec 19, 2024 2:24 PM] If you've been watching bitcoin, you probably noticed the pullback yesterday. It dropped from $108,000 to $99,000 after the FOMC meeting, where the Fed cut rates, and Jerome Powell, the Fed Chair, when asked about the Strategic Bitcoin…

The IMF Just Improved El Salvador’s Bitcoin Law

[Dec 19, 2024 2:18 PM] Follow Aaron on Nostr or X. The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its pro-Bitcoin policies.I…

Self Custody For Me, But Not For Thee

[Dec 18, 2024 7:11 PM] One counter-argument against pushing for greater scalability with Bitcoin is that “most people won’t self-custody anyway, so why bother?” This is a wildly assumptive, arrogant, and outright fallacious argument. It is the same type of logical…

BlackRock’s New Bitcoin Ad Is A Monumental Paradigm Shift

[Dec 18, 2024 4:43 PM] Follow Nikolaus On 𝕏 Here For Daily Posts Yesterday, BlackRock released a new video aimed at educating people interested in Bitcoin on the asset class.The video is quite good, honestly. I think they took inspiration from Saifedean Ammous’ book…

Nic Carter Is Wrong About the US Strategic Bitcoin Reserve

[Dec 18, 2024 2:03 PM] When I saw Nic Carter's recent Bloomberg interview, I couldn't help but shake my head. Nic, who's been a long-time Bitcoiner and someone I respect, said that the US shouldn't—and won't—buy Bitcoin for its strategic reserves because it would…

China May Be On the Verge of Ending Its Bitcoin Ban

[Dec 17, 2024 10:15 PM] Look, I think it's only a matter of time before China pulls a complete 180 on its Bitcoin ban. Yes, they outlawed trading and mining back in 2021, but honestly, a lot has changed since then — especially this year. Bitcoin's momentum globally has…

The Unit Denomination of Bitcoin Does Not Need To Change

[Dec 17, 2024 8:00 PM] Follow Nikolaus On 𝕏 Here For Daily Posts Last week, long-time Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) aimed at addressing the unit bias issue many people face when first finding bitcoin.“This BIP proposes…

Buying Bitcoin Is Easy, HODLing Is the Hard Part

[Dec 17, 2024 4:49 PM] Follow Nikolaus On 𝕏 Here For Daily Posts HODLing bitcoin is so simple, yet it’s one of the most difficult and challenging things to do.HODLing bitcoin is a choice. You have to wake up every day and choose to continue HODLing BTC. When you…

Tando Was All The Rage At This Year’s Africa Bitcoin Conference

[Dec 13, 2024 6:05 PM] Follow Frank on X. Before I even arrived at this year’s Africa Bitcoin Conference, I saw attendees posting about Tando, a new Kenya-based payments app that allows users to spend their sats with merchants who don’t accept bitcoin.Just arrived…

Governments And Large Institutions Can Buy All The Bitcoin They Want (Except Yours)

[Dec 13, 2024 10:46 AM] Follow Aaron on Nostr or X. An X post by Anita Posch warning about the risks of governments and institutions buying up large amounts of bitcoin went viral this week— even if just because of the trollish community note that appeared underneath it. I�

Why It’s Not Too Late to Invest in Bitcoin

[Dec 11, 2024 8:14 PM] For years, Bitcoin skeptics have watched from the sidelines, waiting for a moment to join the ride, only to convince themselves that they’ve already missed the boat. However, the reality tells a different story. Not only is it not too late, but…

Why Trump Must End Capital Gains Tax On Bitcoin

[Dec 7, 2024 6:07 PM] In a world where digital assets are quickly becoming a cornerstone of global finance, the United States stands at a crossroads. The Trump administration has repeatedly emphasized its dedication to making everyday Americans more prosperous. From…

The Money Isn't Fixed Yet

[Dec 5, 2024 6:49 PM] Well we did it, 100k Bitcoin is here. I’m sure quite a lot of you are quite happy with where your net worth is at right now, and all of you in that situation have had to exert a large amount of self control in order to hold onto your coins in order…

$100,000 Bitcoin Price Is Just The Beginning

[Dec 5, 2024 5:27 PM] Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we're just getting started…

The Guatemalan Government Is Taking A Closer Look At Bitcoin — All Because Of A Meme

[Dec 5, 2024 5:26 PM] Follow Frank on X. (Author's note: In this Take, I offer an interpretation of recent events in Guatemala through the lens of someone on the ground in the country.)On November 10, the X account for El Salvador’s Bitcoin Office posted the…

Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar

[Dec 4, 2024 9:37 PM] Follow Nikolaus On 𝕏 Here For Daily Posts Today, the Chairman of the Federal Reserve, Jerome Powell, said in an exclusive interview with CNBC that Bitcoin is in competition with gold, not the U.S. dollar.BREAKING: Fed Chair Jerome Powell…

Want Another Bitcoin Country? Do Something About It.

[Dec 3, 2024 6:49 PM] Follow Frank on X. Bitcoin is its own network state, to borrow a term from Balaji Srinivasan. That is, while Bitcoin proponents aren’t bound to one geographical region (quite the opposite, actually) they have collective power and can enact…

Why Bother Trying To Scale Bitcoin?

[Dec 3, 2024 6:03 PM] The public discussion around scaling in the last few years has become poisoned and captured by an incredibly toxic and defeatist attitude: “Why bother?”“Why bother trying to scale? Basic napkin math shows it's impossible no matter what we do for…

The lack of soft forks is due to a lack of interest— not a lack of process

[Dec 3, 2024 12:33 PM] Follow Aaron on Nostr or X. As I explained in a Take two weeks ago, I think the threat (or promise, depending on your perspective) of protocol ossification is somewhat exaggerated, at least at this point in time.Yes, the rate of soft forks has…

Don’t Sell MicroStrategy Your Bitcoin

[Dec 2, 2024 5:57 PM] Follow Nikolaus On 𝕏 Here For Daily Posts Today, MicroStrategy announced it purchased an additional 15,400 bitcoin for approximately $1.5 billion. This brings its total holdings to over 400,000 BTC, almost 2% of the entire bitcoin…

Some Bitcoiners Need To Grow Up And Focus On Their Own Shit

[Nov 27, 2024 6:37 PM] Too much of the discussions around Bitcoin in the last year have been focused on how to use it. Or how it should be used. The entire Ordinals/Inscriptions mania over the last year has created a mob of Bitcoiners essentially shrieking like children…

Here’s How To Talk About Bitcoin At The Thanksgiving Table

[Nov 27, 2024 2:23 PM] Follow Frank on X. It’s that time again — time to sit around the Thanksgiving table and catch up with loved ones while you have Bitcoin on the mind thanks to its recent price action.Some see this time as an opportunity to convince said loved ones…

No, Michael Saylor Doesn't Control Bitcoin

[Nov 27, 2024 10:22 AM] I have to call BS on this claim that Michael Saylor is now Bitcoin's overlord and can single-handedly decide its fate. That's just ridiculous.During some drama about whether MicroStrategy's valuation makes sense, Vinny Lingham declared Saylor is…

Bitcoin Script: Focus On The Building Blocks, Not The Wild Geese

[Nov 26, 2024 5:26 PM] Everything built on top of Bitcoin that you are aware of today is because of the primitives that Bitcoin Script supports. What do I mean by primitives? The basic components of a programming language that you can use to build actual applications to…

Remembering John McAfee's Bullish Bitcoin Price Bet as we near $100K Milestone

[Nov 26, 2024 4:53 PM] Follow Mark on X. Ah, Bitcoin—a digital enigma that dances between brilliance and bafflement, much like a British summer deciding whether to rain or shine. As we teeter on the brink of the $100,000 milestone, it's impossible not to cast our minds…