memes and analysis
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Elon Musk exposed the EVIL truth of TikTok 🚩
Here's why you need to delete it ASAP 👇🧵
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Sex is good but have you gone down the FTX rabbit hole? 🐇
Here are some interesting ones 🧵
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the FBI calls crypto money so they can arrest you for money laundering
the IRS calls it property so they can tax you on capital gains
the SEC calls it a security so they can sue every exchange
the CFTC calls it a commodity so you can’t use it as a currency
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The Big Short movie is about a guy who made $800 million by shorting the stock market
Michael Saylor has made $11 billion buying bitcoin
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US banks have a 0% reserve requirement since 2020
if John deposits $100k, his bank can loan all of it to Sarah
so now John has 100k in his bank and Sarah has 100k in hers
100k was just created out of nothing
if John and Sarah go to the bank to take out the 100k in cash, the bank doesn’t have it
this is called a bank run
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Andrew Tate case got dropped, Donald Trump president, bitcoin edging 100k
the matrix is breaking
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If you buy a haircut for $100, the barber gets $70 after income tax
then the barber buys a painting for $70, the artist gets $50 after income tax
then the artist buys personal training for $50, the trainer gets $35 after income tax
and so on until $0 left and the government owns all of the $100
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5 largest companies in Canada:
1. RBC Bank
2. TD Bank
3. Scotia Bank
4. Bank of Montreal
5. CIBC Bank
5 largest companies in USA:
1. Apple
2. NVIDIA
3. Microsoft
4. Amazon
5. Google
See a problem?
Community note
5 largest companies by markup in Canada are
1. RBC
2. SHOPIFY
3. TD
4. ENBRIDGE
5. BROOKFIELD CORP
5 largest companies by markup in USA
1. APPLE
2. MICROSOFT
3. NVIDIA
4. AMAZON
5. ALPHABET (GOOGLE)
companiesmarketcap.com/cad/canada/lar…
companiesmarketcap.com/usa/largest-co
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Starbucks accepts bitcoin
soon they will turn this on in every country to avoid 2.5% credit card transaction fees and inflation
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Michael Saylor invited 500 Italian models to ‘party’ but gave them an hour lecture on bitcoin and a copy of the bitcoin standard and sent them home
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Satoshi: I’ve created bitcoin so you don’t have to trust anyone with your money
People: hey BlackRock take my money, buy bitcoin and hold it for me
Satoshi:
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BlackRock salesmen today:
Imagine a currency, not controlled by any government, immune to inflation, and as easy to send as an email. That’s Bitcoin.
Bitcoin is not just another stock or bond; it’s a revolution in finance, a complete game-changer.
Now, I know what you’re thinking – ‘Is it safe? Is it a good investment?’ Let me put it this way: Bitcoin has been the best performing asset of the last decade. It’s outpaced gold, stocks, you name it. And the reason is simple: scarcity. There’s only ever going to be 21 million Bitcoins. That’s it. And as demand grows, and believe me, it will, the value? Skyrocketing.
Before you make your decision, there’s something else you need to know – the Bitcoin halving. It’s happening in just 4 months. The new supply will be cut in half and historically, every halving has led to parabolic gains.
People who get in before the halving are positioning themselves for the possibility of massive gains. It’s a pattern we’ve seen time and time again, and now, you have the chance to be ahead of the curve.
Trust me, the only problem you're gonna have is that you didn't buy more.
How many bitcoins can I put you down for?
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Bitcoin was 117k Friday
then the ETFs bought $200 million, which dropped the price to 116k
then Metaplanet bought $632 million, which dropped the price to 115k
then Strive bought $675 million, which dropped the price to 114k
then Saylor bought $99 million, which dropped us to 113k
Finally capital B bought $62 million, which brings us to 112k
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BlackRock is marketing bitcoin hard
CEO says it needs to be in portfolios for uncorrelated returns
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This cycle is different because the bitcoin etf people can’t swap to alt coins
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Honda now accepts bitcoin and ethereum
how long before Tesla comes back
Community note
Misleading headline, Honda is not directly accepting Bitcoin as a payment method.
You can finance, lease or purchase
a Honda ride through third-party FCF Pay.
To Clarify, FCF Pay accepts crypto for payments, not Honda.
Source:
nitter.app/fcfpay/status/
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Bank in Canada won’t let customer withdraw cash
they ask him to prove why he needs cash
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