Thus far, Vanguard has 'protected' its clients from 160% gains since the Bitcoin spot ETFs were announced last year.
James Lavish
james@primal.net
npub1cj94...0efa
reformed hedge fund manager | cfa | bitcoin | writes the 💡Informationist newsletter (www.jameslavish.com)
Notes (20)
Good morning.
As @jackmallers just said, “The future isn’t something we wait for, it’s something we build. Choose ethical money. Choose freedom.”
And have a great day.
Good evening.
The thing about volatility is it provides opportunity. The thing about opportunity is you have to seize it. And seizing it requires conviction. Start there and work your way backwards.
Have a great weekend.
Go ahead. Give the bank your money. See if they give it back. How many questions they ask. And how long it takes. Do it.
Dare you.
Reverse sear. It’s the little things in life.
Good evening.
Embrace the volatility.
And have a great night.
Good afternoon.
Markets got hammered on worries about the economy, North Korea stole $1.4B of ETH from a massive exchange, and Bitcoin is *still* trading at $95K.
Have a great weekend.
Good morning, Nostrs.
It’s a great day for Bitcoin $100K.
Have an awesome Friday.
Some of the smartest institutions are already buying Bitcoin. They’re just being quiet about it.
Bernie Madoff didn’t want to be audited either.
Remember: The US government needs Bitcoin far more than Bitcoin needs the US government.
Remember: Pullbacks are normal and part of any healthy bull run, mere consolidation before resumption of extended strength and true price discovery.
Of course #Bitcoin is going to $100K. And then $200K and $500K, and eventually $1M. I don’t know when, and I don’t know how much volatility we will see before each level. But I have no doubts about the ultimate direction of the price. And neither should you.
Good evening.
We are going to have an election. One of the candidates will take office. The government will continue to run massive deficits. The money supply will continue to expand. And #Bitcoin will go higher.
Have a great night.
Good morning.
The US deficit is on pace to be $2.1 trillion in 2024, compared to a deficit of $1.7 trillion in 2023 and $1.4 trillion in 2022. That is $400 billion higher in a year, and $700 billion higher in two.
Have a great day.
gm nostrs
let your friday be as peaceful as this
The Fed just cut rates with entrenched inflation above 2.5%, the government is running multi-trillion dollar non-recessionary deficits, and a President just bought cheeseburgers using #Bitcoin. Welcome to the future.
Powell, when asked about his reasoning behind the rate decision tomorrow:
“I come from a middle class family…”
Good morning.
US debt now stands at $35.3 trillion. If we were to return to 0% interest and make payments of $1 million per hour, it would take approximately 4,023 years, or until the year 6,047, to bring the debt back down to zero.
Have a great day.
With widespread and relentless propaganda-style mainstream media, understanding the political and financial landscape requires a higher level of critical thinking than ever before. Stay vigilant out there.