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)
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.
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: 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.
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.
Good morning.
Kamala Harris received zero votes or delegates and was *chosen* as the Democratic Party nominee by the current government overlords instead.
Have a great day.
Good evening.
In August, the US government took $307 billion in taxes and spent $687 billion, for a deficit of $380 billion. This works out to be an annualized deficit of $4.56 trillion.
Have an awesome weekend.
Tether generated $5.2 billion in profit in the first half of 2024, and with 123 employees, this is an annualized profit of $85.5 million per employee. 🤯
good evening nostrs
Montana river view
good evening nostrs, view from the montana lake today
Night nostrs ✌️
Founder Mode is the default setting for #Bitcoiners.