what's up fam!😜1 btc = filthy fiat.. #HODL #RESERVE ASSET

Bitcoin pumping..🤑

Fincen is trying to criminalize CVC mixing..but it extends all the way to simple one time use public addresses. Evey wallet provider that changes the address after a transaction is in viololation of this new proposal ( FINCEN-2023-0016.) Please look into this proposal, read it, and voice your dissent..we have to stand up for bitcoin!!!

Fincen-2023-0016 is a proposal aimed at choking bitcoin.. please go to the website and comment before January. This proposal is unconstitutional. Its targeting even simple transfers from your wallet to another wallet. Please educate yourself. Bitcoin depends on us!!!!

I'm not sure if you guys follow British Hodl on YouTube or X, but he made an excellent point recently. Blackrock is coming for our bitcoin. They will have no problem buying it from you for a million a coin. But you can't sell it. If you own a house, you don't sell it to generate liquidity, you take out a loan against it. That said, this industry is too new to securely loan BTC as we've seen with Block-Fi and Celcius. Nobody in this space is trustworthy enough; not Unchained, not Nexo, and not River. However, I believe Blackrock will incentivize us to put our BTC into the ETF. Then borrow at Fed rates. But even borrowing against BTC with its volatile nature, might cause a margin call. The only safe way is at the 200-week moving average, from a company with a LONG track record like Fidelity or Blackrock. My problem is I don't like the idea of giving my keys up or transferring my "hard" BTC to "paper BTC" I really want to hear/read some good thoughts on this. Happy Friday everyone and Hodl strong!!!

If history repeats..we should be looking at at bitcoin correction 4-6 months b4 the halving. Anywhere from 25-45 % ...what are everyone's thoughts on this matter?

Bitcoin is a great store of value. It's too valuable to spend on trivial consumption.Saving, not consuming needlessly.That's what fiat is for..bitcoin is for long term wealth preservation..or to borrow against. Small payments can be made with Lightning if someone insist on spending it..but the LN isnt designed to support large transactions over, say, 0.25-0.33 btc. It can but the fees start to get outragous. Spending or selling also creates a taxable event. Depending on how long you've been holding, this can be quite costly. Bitcoin as a sword, not a Swiss army knife as Matt Kratter says. But ultimately, Btc is free money. One can do as he or she wishes with it.

Where do yall get those cool animated profile pics?

Learning about bitcoin is fun! #21DaysofBitcoin