Words of wisdom quoted on this day in history …
Education
Governments have historically stolen wealth by printing fiat money, a moral crime that fuels inflation, war, and authoritarian control, especially under socialist/communist regimes. JG Hulsmann warned of this “drop of ink” danger in 2008.
Bitcoin, with its fixed 21 million supply and proof‑of‑work mining, restores “natural money” by making money creation costly, decentralized, and resistant to government manipulation.
In short: stop the endless printing, adopt sound digital money, and protect future generations.
Market Update
TLDR: April’s rally gave Bitcoin its best month in a year, and early‑May it crossed $80 k, clearing a key supply wall and reclaiming the “true market mean.” The surge is driven by strong spot buying (ETF inflows and open‑market accumulation), not leverage, and long‑term “conviction” holders now control almost 20% of BTC, the biggest build‑up since the COVID‑19 crash.
#BTC #Macro #Bitcoin
Market Update
TLDR: Bitcoin rallied to $76K but pulled back to ~$70K, still above March lows and outperforming gold (up 7% vs. down 17%). Despite near-term volatility, current prices are likely to look very attractive long-term. Institutional demand is strong, with $167M in Bitcoin ETF inflows and Morgan Stanley’s spot ETF poised for launch. A move above $72K could signal new momentum.
#BTC #Macro #Bitcoin
