Tuesday, July 30, 2024

Strategic Bitcoin Reserve announced 4 years early

I was expecting an announcement of the Strategic Bitcoin Reserve in circa 2028, not 2024... which means we are 4 years or so ahead of where I was expecting politicians and governments to be in their thinking. In the long run, this is a net positive outcome for everyone.

In 2032 I expect the US government to be the largest holder and or miner of Bitcoin in the world. I guess there is a 50/50 chance I am either right or wrong.


Monday, July 29, 2024

7 / 8 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto, Changpeng Zhao (CZ), Roger Ver (Bitcoin Jesus), Ethereum ETF, Mt. Gox repayments, Donald Trump speaks at Bitcoin Conference 2024 Strategic Reserve)

7 / 8 months into 2024 and already these major events have happened:

1. The Bitcoin Halving (reducing supply from 6.25 to 3.125 BTC)

2. The Bitcoin ETF approval in the USA (by the SEC)

3. Sam Bankman-Fried imprisonment (FTX)

4. Craig Wright is not Satoshi Nakamoto (UK judge)

5. Changpeng Zhao (CZ) from Binance sentenced to 4 months in prison (USA)

6. Roger Ver (Bitcoin Jesus) charged with mail fraud and tax evasion, arrested in Spain

7. Ethereum ETF approval in the USA (by the SEC)

8. Mt. Gox begins paying creditors after a decade 

9. Donald Trump speaks at Bitcoin Conference 2024 Nashville announces Bitcoin Strategic Reserve

Ready for the next 4 / 5 months of 2024?...

Over $102,815 BTC USD Tradingview...