Bitcoin scarcity getting serious, fiat wrecked, 1 billion BTC transactions - Ep.104

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price surged above $65k but now we are hanging around the $63k level.

Bitcoin made a 'bullish engulfing' candle on the 3-day chart. Chance to make a strong push into the 70s now. 🚀. POST: https://twitter.com/BTC_Archive/status/1787442778210804217

Huge milestone for #Bitcoin. 1 billion peer-to-peer transactions have been sent on the network! 🥳 Forever stored by over 19,000 full nodes and counting. POST: https://twitter.com/River/status/1787507715540910165

YTD: #Bitcoin The percent supply held on exchange addresses 11%. POST: https://twitter.com/Quest_BTC/status/1787534168110293170

ETFs:

Currently thinking about $GBTC's inflow from Friday. What a chart. POST: https://twitter.com/JSeyff/status/1787506564267393037

FUNDAMENTALS:

What is the Sharpe Ratio? ANSWER: https://www.perplexity.ai/search/What-is-the-dpItRzBbS.mthy60Mjve_g

"Any Sharpe ratio greater than 1.0 is considered acceptable to good by investors. A ratio higher than 2.0 is rated as very good. A ratio of 3.0 or higher is considered excellent. A ratio under 1.0 considered sub-optimal.” #Bitcoin's Sharpe Ratio is 4.22. POST: https://twitter.com/ChrisAlaimo6/status/1786423414044987755

Someone paid 100 BTC to forge this gold bar in 2013. Gold bar value was $12,000. BTC value was $120. Twelve years later… Gold bar current value $13,000. 100 BTC current value $6,000,000. POST: https://twitter.com/AussieHodl/status/1786908898680578196

The New World will be built on #Bitcoin. #Bitcoin is the Rock Solid Foundation. POST: https://primal.net/e/note1wwp3dl4fj0jt9r9pf8ytup8u67lzhekvessn8f6jtct0yrdd5cusul766z

FIAT/GOVERNMENT NONSENSE:

It took over 200 yrs for the US to accumulate the first trillion in debt. It took less than 100 days for the last trillion. Just as a frame of reference so you can understand how insane this all is:
10 billion+ per day
500 million per hour
100K+ per second
Strap in.
POST: https://twitter.com/LibertyLockPod/status/1787530085269959126

Everyone, please use only paper straws from now on. It will take the sacrificial effort of 5 billion people to offset the carbon emissions of Mark Zuckerberg's new $300 million megayacht. #ESG #Environment #ClimateChange. POST: https://twitter.com/HODL15Capital/status/1787498000895406505

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