The
#LightningNetwork
has a theoretical throughput of 40 million
#TPS
. That’s the equivalent of 14.4 TB size blocks every 10 min. Lightning enables
#Bitcoin
to be a planetary scale decentralized medium of exchange. ⚡️🚀
“The Federal Reserve is nothing federal and has no reserves. They rob you from your wealth and from your savings and that’s immoral. It’s not only immoral but it also destroys some basic economic principles like saving.”
-
@nayibbukele
#Bitcoin
fixes this.
#Bitcoin
moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm.
#VTPS
not
#TPS
. Nothing comes close to
@BTC
. 👑
Today is my last day with
@Blockstream
. It's been a grand adventure working with
@adam3us
for the last 5 years and together we've accomplished a great deal from sidechains, to mining, to satellites. So what’s next? I plan to focus on nation-state
#Bitcoin
adoption! 🍊💊🌎
At least now people should realize why CBDCs are a horrible idea. When you become an enemy of the state, which seems quite easy these days, all your money will be gone.
#Bitcoin
is the separation of money and state, CBDCs are the complete integration of money and state.
“It’s only a small country adopting
#Bitcoin
.”
“It’s only a special economic zone adopting
#Bitcoin
.”
“It’s only an autonomous region adopting
#Bitcoin
.”
They have no idea what’s coming.
#Bitcoin
moves $2.9 million dollars in value around the globe each and every second. No intermediaries or permission is required. Transactions per second is irrelevant for the base layer. It's all about value transacted per second (
#VTPS
) and nothing can compare to Bitcoin. 🚀
If the SEC approved a
#Bitcoin
spot ETF, the price would jump to $1,000,000 a coin and they don’t want to be the ones responsible for sending Bitcoin to the moon. A spot ETF will be approved after we reach the moon on our own.
Today I setup a
#BlockstreamSatellite
Base Station at the
@LaGeoSV
Berlin geothermal plant, where the Volcano
#Bitcoin
Mine is located. The facility is now connected to our satellite network & receiving Bitcoin blocks from geosynchronous orbit.
#Bitcoin
+ 🌋 + 🛰 !
Just bought
@Starbucks
coffee in El Salvador with
#Bitcoin
today.
✅ Store of Value
✅ Medium of Exchange
✅ Unit of Account
Soon we’ll just call it money. I bought coffee with money. ⚡️
Just making sure here, I’m still the only one saying
#Bitcoin
can go to $1M in days to weeks right? Because when it happens I don’t want any of you bearish MFers saying you also called it.
In a single day, the US added more than half of
#Bitcoin
’s entire market cap in debt. That’s something like 10 million
@BTC
. And yet there are still people that are unsure if $27k is a good price to buy.
Here’s why we’re going to $1M
#Bitcoin
in DAYS to WEEKS: it’s MAX PAIN pain for the most people.
Bitcoin has a way of doing what we least expect & in the most disruptive way. For example, at JAN3 we have many plans & meetings set for 2024. $1M BTC would derail everything.
🧵👇
Nation-states, cities, and autonomous regions are adopting
#Bitcoin
.
🇸🇻 El Salvador
🇨🇭Lugano
🇭🇳 Prospera
🇵🇹 Madeira
🇨🇫 Central African Republic
🇵🇦 Panama next?
🌎
Congratulations
@PierrePoilievre
on becoming leader of the Conservative Party of Canada! Now we have a real chance to fix Canada.
#pierrepoilievreforPM
“Money is a technology by which we transport value over time and space.”
#Bitcoin
I supported Blockstream when it was being attacked as the company that controlled and crippled
#Bitcoin
and now it’s a $3.2B unicorn.
I supported
#Tether
during the FUD campaigns and it grew to become the top stablecoin with $78B in assets.
I’m supporting El Salvador. 🇸🇻
Everyone thinks they would have fought the Nazis if given the chance, but we see today that most will just collaborate and blindly do their "job." The protests in Canada have exposed how corrupt the system is from the government, to the courts, to the police, and the media.
The ETF approvals aren’t priced in
The halving isn’t priced in
More nation-state adoption isn’t priced in
Renewed QE isn’t priced in
The multiplier isn’t priced in
The Veblen effect isn’t priced in
All of this happening at the same time isn’t priced in
#Bitcoin
We will see a seismic shift to
#Bitcoin
and sound money. The next 5 years will be incredible.
Guatemala 2023
Argentina 2023
Bitcoin Halving 2024
El Salvador 2024
Panama 2024
Mexico 2024
Canada 2025 (could be 2023/2024)
Peru 2026
Nicaragua 2026
Fix the money. Fix the world. 🌎
It has come to my attention that there are some
#Bitcoiners
that don’t think
#Bitcoin
can reach $1,000,000 in a matter of days/weeks after ETF money starts to flow in. They’re in for a pleasant surprise.
Serious question:
If one Year is measured in units of "Days," and there are over 365 of those (and you can even divide them into minutes and seconds!), HOW can they claim that time is valuable, and that we only have a limited amount of it.
@SamanthaLaDuc
?
The coming digital securities laws in El Salvador will make it the new center of the financial world.
@Bitfinex
will be the first exchange to be issued a license ahead of the
#BitcoinBond
offering. 🌋🇸🇻
Some people don't think
#Bitcoin
can reach $100k. At the 2016 halving we were at $650. A year after, it reached $2k, and then it touched $19k just a few months later.
When
#Bitcoin
moves, it does so quickly and violently.
$100k is conservative.
The run up this time is different from last time.
Last time there was a ton of easy QE money sloshing around.
This time, money is still tight and interest rates high, but everyone is allocating to
#Bitcoin
.
Pay attention.
Lending platforms are imploding left and right. People are starting to understand that lending out your
#Bitcoin
for 1% yield is incredibly stupid and risky. The lending industry may never be the same again after this fiasco.
#Ethereum
’s problems are caused by constantly optimizing for tokenomics over decentralization, security, and resilience. It looks like the Merge and POS will lead to complete regulatory capture by centralized exchanges & staking platforms, and there’s no way out for them. 🧵👇
Canada is a cautionary tale for why money needs to be money, and not a tool for surveillance. What's legal or illegal can change with a hand wave of emergency powers. If you're not 100% sure you'll always be on the right side of those in power, you'd better buy some
#Bitcoin
.
$0.05M x 20 = $1.0M
In 2017,
#Bitcoin
did 20x over 9 months, with no fundamental changes in market dynamics. In 2024, ETFs are bringing 100’s of millions of dollars in inflows every trading day.
Plan accordingly.
Honestly, Gary would have been better of just going with the
#Bitcoin
ETF approval announcement today. So you got hacked (or the intern you hired from CT messed up) just run with it. All of this damage control and poorly concocted excuses just makes the SEC lose credibility.
@simoncueva
deberíamos emitir bonos para ejecutar todos los proyectos hidroeléctricos en carpeta y suplir esa demanda eléctrica con minería de
#Bitcoin
. Estoy seguro que podemos levantar todo el capital en el mercado internacional.
#HydroBonds
#Ecuador
@Excellion
In 2017 it took ~9 months for
#Bitcoin
to go from $1k to $20k. The block subsidy was 12.5, there was a lot more BTC sloshing around on exchanges, mining was boiling the oceans, and there was zero institutional money coming in.
$1k to $20k is 20x.
$50k to $1M is 20x.
PayPal can change their ToS to seize your money for x reason.
The next day they can change it to NOT seize your money.
You see the problem here right?
#Bitcoin
is the only money with any certainty.