Don’t wait until your banker tells you to buy Bitcoin. finance.yahoo.com/news/jpmor…

JUST IN: Harvard officially bought $117 million of BlackRock's spot Bitcoin ETF — SEC filing

The people who understand why one Bitcoin is worth $110k are much much smarter than I am.

I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is bitcoin. Many of these assets are listed for trading on @Gemini and meet our rigorous listing policy criteria, but with respect to a Strategic Reserve it is another standard. An asset needs to be hard money that is a proven store of value like gold.

We bought bitcoin every day this week.

🔮 Dell Technologies is about to follow Saylor’s Microstrategy playbook and put #Bitcoin on its balance sheet. Michael Dell hasn’t tweeted about Bitcoin since 2015, when Dell accepted bitcoin. Let’s give him a warm welcome back.

$MSTR raising $700m at 0.625% per annum due in 2030, with a convert strike price 40% higher than where the stock closed yesterday, w/ all the proceeds going towards buying more $BTC. Masterclass.

Treason indeed! Ushering in vast numbers of illegals is why Secretary Mayorkas was impeached by the House. They are importing voters. This is why groups on the far left fight so hard to stop voter ID requirements, under the absurd guise of protecting the right to vote.

True. That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.

Coinbase CEO Brian Armstrong just said: "I think over time we will see Bitcoin $BTC get into the millions, multiple millions price range"

We are ₿uying.

The paid-off home mortgage has taken the place of the BMW as the status symbol of choice.

MicroStrategy Completes $800 Million Offering of Convertible Notes at 0.625% Coupon and 42.5% Conversion Premium $MSTR microstrategy.com/press/micr…

You're looking at the first breakout of #Bitcoin against M1 money supply since March 2017 when it went historically parabolic for 9 months.

✨ 3 years ago today, China banned #Bitcoin mining and sent the price crashing 30%. Today, hash rate and price are at all-time highs, and Wall Street is trading billions in ETFs daily The greatest political mistake of the 21st Century 💫

Lately, there's been more debate around the value of the #Bitcoin Lightning Network. Based on the work we've been doing @Lightspark for the past 18 months, I will share my honest view. First things first — Bitcoin is the only viable neutral settlement asset and network that can usher in a new era of global real-time payments. Everything else is either too centralized, not secure enough, doesn't have the required regulatory clarity, or doesn't have the required depth of liquidity against the (fiat) currencies that people and businesses want to use for everyday transactions. Once you believe the above, you must make Bitcoin move faster and cheaper than on L1 to make it competitive and valuable. But, you need to achieve this while retaining Bitcoin's trust and security principles. In other words, no new consensus paradigm. You also need to introduce privacy, while not sacrificing compliance. Once you add up all the above, the only way forward — at least for now — is to use the Lightning Network. Now let's talk about the challenges. Lightning used to be complex, failure rates for higher value transactions were relatively high, managing liquidity, rebalancing channels, and keeping a node up and running, were all things that got in the way of adoption. To the greatest extent, this is now a thing of the past. We — and others in the industry — have addressed these shortcomings and complications with good software and services. On Lightspark's stack, you can get up and running in no time, without ever having to learn about channels, liquidity, routing, or any of these different concepts. To be clear, the above works exceptionally well for enterprises, and custodians. It allows them to settle BTC in near-real time, at a very low cost, in a private, compliant, and reliable way. Add to that the newly launched and open-sourced UMA (Universal Money Address) standard, which extends LNURL to add compliance and FX capabilities, and any consumer or business can send and receive any currency of their choosing in real-time with a human-readable address between participating institutions without ever knowing Bitcoin or Lightning was involved. Just as someone sending an email doesn't think about SMTP and TCP/IP. It just works. So we're done? Is it all great? No. It's not. We collectively have much more work to do. I agree with @Leishman, Lightning with the above advancements works well in custodial/institutional settings. This is why at Lightspark, we started our development journey by focusing on enterprise solutions at first. This is where most of the volume is, and where we felt we could have the most impact in the short and medium term. Let's now turn to the work ahead: - Non-custodial Lightning: as much as custodial LN is now fully ready for primetime, self-custody on Lightning presents two distinct challenges: (1) offline receive; and (2) channel open fees for smaller transactions. About (1) — if you're running a node on your device unless your app is foregrounded (iOS), or if you have bad connectivity, you won't be able to receive an incoming transaction. And (2) — opening channels with higher L1 fees is currently cost-prohibitive. Some solutions are being worked on to address these, from @lightning labs to @spiralbtc, and of course @lightspark. But to be blunt, if you want full support for non-custodial Lightning with offline receive and want to make it economically viable, you have to accept some form of compromise on the trustlessness level of the solution. With some solutions, you have to trust an LSP, with others, it's a bit better with more distributed trust across different entities/service providers. This will be for consumers to choose between usability, cost, and full trustlessness. There's a lot more work and research that is taking place to improve these solutions and find non-linear breakthroughs, but for now, tradeoffs are required. - Pushing identity / addressing to be fully self-sovereign: LNURL, and by extension, UMA, is fantastic when it comes to user experience, but users rely on their custodians to provide the addressing service as it relies on DNS. Again, it's probably fine for most people, but that doesn't mean we shouldn't push harder to enable people to own their identity and money address and make that portable. Some exciting work we're tracking is what @TBD54566975 has been building with DIDs. We're also wondering — and to some, it'll be blasphemous! — whether there are interesting bridges to make with ENS in the future. - Issuing other assets on Lightning: bringing stablecoins and other assets onto the network to make it more efficient for a subset of transactions will be critical. @lightning has been working on Taproot Assets and making good progress, @bitfinex is working on RGB, and we're working to help make this a reality across the board. Lightning is seeing more talent flock to it rather than leave it. It's ready for primetime and mass market for exchanges, custodial wallets, banks, and institutions. It needs more work for non-custodial wallets and applications, and to bring stablecoins to the network. But let's take a deep breath. We're about to see #Bitcoin become the standard protocol for money on the internet with mass adoption on the horizon. It'll require tradeoffs and collective efforts, but I'm more bullish than ever on our odds of success.

NEW: Chamath predicts a 2-5 year window before quantum computing becomes advanced enough to potentially break Bitcoin’s encryption.

Another day.... another chance to roll out of bitcoin while the Number Go Up club tries to keep it at 40,000

$BTC "is very different from crypto," Miller Value Partners portfolio manager Bill Miller IV says. "Crypto was convicted yesterday [on seven counts of fraud]. Bitcoin is still going very, very strong. The network is as strong as it's ever been." @Nasdaq

It'd be nice if there was at least one fiscally conservative party.

Imagine paying $118k for a set of man-made numbers

How is this not an objectively disastrous development for @SecScottBessent

The perils of diversification, the evolution of $MSTR, the physics of financial engineering, bridging the crypto economy with the capital markets, the opportunity for the US to own the world's reserve capital network, and the inevitable demonetization of gold with @GuyAdami.

“You better buy some Bitcoin, Mohammed.” @JoeSquawk is my spirit animal 😂

What if stock market gains were measured in gold instead of dollars? As John Authers notes, “Denominate U.S. stocks in gold rather than dollars, and they’ve been in decline since the dot-com bubble burst 25 years ago. Stocks elsewhere have done even worse.” #stocks #gold #markets #investors #investing

BTC bros are some of the most optimistic, dumbest people on the planet. "It's gone up a lot" is their only argument as to why it's worthwhile.

#Bitcoin open interest has dropped by ~30%, flushing excess leverage from the market. With funding now near neutral, the market is far less vulnerable to another liquidation cascade. 🔗glassno.de/4obq1v9

JUST IN: Charlie Lee says he regrets creating Litecoin "Just buy Bitcoin, don't sell"

Early.

MicroStrategy Announces Proposed Private Offering of $500 Million of Convertible Senior Notes $MSTR microstrategy.com/press/micr…

When To Take Profits on your #Bitcoin by @MattKratter.

JUST IN: Galaxy Digital announced it executed one of the largest notional bitcoin transactions in history, selling over 80,000 bitcoin worth more than $9 billion 🤯

JUST IN: 🇺🇸 Ohio bill that would exempt taxes on Bitcoin payments under $200 PASSES the House.

The world is beginning to wake up to this simple truth: Bitcoin, not crypto.

Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation. The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient, argues #TheECBBlog ecb.europa.eu/press/blog/dat…

Given high demand, we upsized our $MSTR offering of 0% convertible bonds due 2029 from $1.75 billion to $2.6 billion, including a $400 million greenshoe option, and priced it at a 55% conversion premium.

There is a nation’s President somewhere in the world meeting with their team tonight asking what their bitcoin strategy should be after hearing 2 of 3 leading US Presidential candidates mention a national strategic stockpile over the last 36 hours. The game theory has begun.

#BITCOIN IS GOING PARABOLIC‼️

The lack of basic understanding about Bitcoin from Jamie Dimon, as the CEO of the largest bank on the planet, is pretty wild. Clearly has not spent any material amount of time looking into it yet speaks so confidently. A bit embarrassing frankly.

America rose to greatness over the past 150 years, because it was a meritocracy more than anywhere else on Earth. I will fight to my last drop of blood to ensure that it remains that land of freedom and opportunity. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

The higher the price of $MSTR stock, the more shares @Saylor can sell. The more shares he sells, the more #Bitcoin he can buy. The more Bitcoin he buys, the higher the Bitcoin price rises. When the price of Bitcoin goes up, the share price of MSTR goes up more. When does it end?

Buying MSTR is ultimately a very fiat move. Real Bitcoiners own Bitcoin,

JUST IN: 🇺🇸 Minneapolis FED President Kashkari says #Bitcoin remains worthless after 12 years 🤡

Central Bankers think YOU are so dumb that they can just say this kind of stuff out loud. #Bitcoin is YOUR proof that they can't keep getting away with this theft.

no company or country has adopted an ethereum strategy, nor should they. #ProofofWork + #pathdependence + #causalambiguity = superior asset #bitcoin