Fidelity is one of the largest asset managers in the world with $4.9 trillion in assets under management. Today they wrote this:2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
On this day 13 years ago, Satoshi Nakamoto launched Bitcoin. Hidden in the genesis block—mined on January 3, 2009—is a clue. A reaction to the inadequacy and injustice of central banking and fiat currency.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
The Buy Bitcoin sign was shown during Yellen's testimony to Congress in 2017 with a price of $2,329.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
90% of the 21,000,000 BTC have now been mined. Current annual inflation of 1.88%, and programmatically declining for the next 119 years. Absolute scarcity.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Bitcoin hash rate begins to recover. With over 40% of the network's mining machines going offline, this migration became one of the largest infrastructure displacements in modern history. Bitcoin passed the stress test.3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Africa now has the largest amount of Bitcoin peer-to-peer trading volume in the world—even more than North America. 🌍2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Over the past weeks we heard a lot of news coming from China about another Bitcoin ban, miners gone offline and it was reported that the Chinese State Council was cracking down on mining...3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
In the early 20th century, people were interested in replacing gold or the dollar with the energy dollar” or “units of energy.” The concept was popular due to its sound money characteristics. The flaw? It could not be transmitted or stored easily.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Great visual on how slow blocks were being mined yesterday. On average it took 1398 seconds, or 23 (!) minutes for blocks to be mined yesterday, compared to the 10 minute target. Truly historic.3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Bitcoin mining difficulty just saw its largest downward adjustment in history: -28%3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Bitcoin exchange balance continues to drop and now sits at its lowest level in more than 3 years2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Bitcoin mining difficulty increased by +9.3% today, hitting a new ATH.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
The $1,200 stimulus check is now worth over $12,100 if put in Bitcoin2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
A reminder that China's crackdown on Bitcoin has been happening for years _(ツ)_/ 3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Bitcoin's lightning network is adding ~ 150 nodes with active channels every single week. Growth is accelerating. Watch this space.3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Satoshi's choice for the Genesis Block will always remind us about the inflationary nature of fiat: 12 years later, it's basically impossible to eat out for £5 in UK. Good choice, Satoshi!2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Each red dot 🔴 represents a headline in the news that called Bitcoin dead, failed, or worthless.3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Happy Birthday Bitcoin 🎂 ! On 3 January 2009, the bitcoin network came into existence with Satoshi Nakamoto mining the genesis block of bitcoin (block number 0) 🥳2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
According to Kraken Intelligence, market participants continue to come to market, load up their bags & move their Bitcoin into storage.3yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
If you live in Turkey, Bitcoin just keeps making new all time highs. Also on the chart is GOLDs performance relative to the lira.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
No matter which way the Fed goes, the game theory calls for more capital moving into Bitcoin.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
Tapering for the Fed now means reducing the rate of asset purchases, not actually unwinding the balance sheet (which was tried 3-4 years ago and failed miserably). This train has no brakes. Bitcoin is the escape hatch.2yr ⋅ Bitcoin_is_plan_A ⋅ r/Bitcoin
