Discover and read the best of Twitter Threads about #Bitcoin

Most recents (24)

We are proud to announce that @OrdzGames is the first platform/service in history to offer tools to build games on metaverse land based on @blockamoto's #Bitcoin #bitmap protocol.

Build your .bitmap game here๐Ÿ‘‡โ€ฆ

๐Ÿงต1/7 Image
While .bitmap has been very controversial, it is an innovative way of utilizing bitcoin blocks as a means to build a community-driven metaverse on bitcoin.

2/7 Image
Ordz Rush is our Season 2 game, and the map builder was extremely popular within the @OrdzGames community to create innovative designs that can be inscribed as ur own ordinal, such as this one made in the shape of a gameboy.

Try Ordz Rush here๐Ÿ‘‡

3/7 Image
Read 7 tweets
Adoption is good for bitcoin โ€“ but can it be bad?

What drives the price of bitcoin upward today may limit price appreciation tomorrow.

Is there a different market cap for bitcoin if it was 100% custodial vs. 100% non-custodial?

A thread on adoption that's bad for #bitcoin
Depending on HOW bitcoin is adopted will ultimately determine whether bitcoin becomes a neutral global monetary system, digital gold, or somewhere in between.

If bitcoin is used as the base protocol for a global monetary system, it will have achieved its full market potential
Whereas if it only is used as digital gold for its scarcity much of itโ€™s potential will have been lost and it will certainly not be freedom money โ€“ it will be another financial product sold by Wall Street.
Read 31 tweets
We're hearing more and more about how the CRE market could crumble soon, and take down some banks with it.

But what exactly is CRE, what's wrong with it, and why is it so important?

Time for a Credit ๐Ÿงต๐Ÿ‘‡
๐Ÿค“ What is CRE?

First of all, what exactly is the Commercial Real Estate or CRE market, and what are its components?

To keep it simple, the CRE market can be divided into six main sectors:

Office, Retail, Industrial, Multi-Family Property, Hospitality, and Special Purpose.
To break it down further:

Offices = urban high-rises or suburban offices/campuses

Retail = shopping centers (strip or regional malls) + stand alone stores or big-boxes, like Home Depot or Krogers

Industrial = warehouses, manufacturing, and distribution centers ๐Ÿ‘‡
Read 41 tweets
Bitcoin mining is essential for the renewable transition

Here's why in one less-than-10-tweet thread

To achieve net zero, IEA report we will need 10x more demand response

That's grid jargon for "really really flexible consumers who can shut off and power on any time"

๐Ÿงต Image
IEA say we need 10x more demand response (DR) to achieve net-zero because solar/wind are unpredictable and intermittent in their supply

To counterbalance that, they need a lot of really flexible customers

Otherwise grids can have too much or too little power (blackout risk) Image
The Perfect Demand Response customer has 3 features

Immediacy: you can immediately ramp up or down consumption

Longevity: you can shed or consume more for as long as, say, an extreme weather event occurs

Precision: you can reduce or increase consumption to an exact level
Read 9 tweets
๐Ÿšจ BREAKING: #Bitcoin PUMPS to $29,000 ๐Ÿš€

Is This Just the Beginning of the BULL RUN? ๐Ÿ”ฅ

We've got some thrilling news for all you #crypto enthusiasts out there!

A thread ๐Ÿงต Image
1๏ธโƒฃ Breakout Alert!

๐Ÿ‘‰ #Bitcoin has made a breathtaking move, smashing through the crucial resistance level at $27.5k with an impressive surge in trading volume!

๐Ÿ‘‰ Bulls are rejoicing as this clean breakout signifies a potential upward trend for Bitcoin. Image
2๏ธโƒฃ Institutions Are Hopping on the Bandwagon!

๐Ÿ‘‰ The big players in the financial world are starting to take notice!

๐Ÿ‘‰ #BlackRock, one of the largest asset management firms, has recently submitted an application for a #BitcoinETF.
Read 10 tweets
๐Ÿšจ BREAKING: Deutsche Bank, the $1.4 TRILLION banking giant, just made a SHOCKING move into the #CRYPTO world ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ The world of finance is about to witness a groundbreaking move as Deutsche Bank, Germany's largest lender, seeks a #crypto custody license! Image
2๏ธโƒฃ #Crypto custody services are the future, and Deutsche Bank knows it!

๐Ÿ‘‰ They're ready to store and manage digital assets like never before, opening the floodgates for institutional and individual investors to dive into the lucrative world of cryptocurrencies.
Read 10 tweets
BlackRock's new #Bitcoin Trust is half good & half terrible.

It's imperative that every Bitcoiner know what they've created & why it's a threat to Bitcoin's values.

As an investment vehicle, this is the BlackRock Bitcoin Trust: Image
On June 15th, BlackRock filed an S-1 with the SEC, a registration statement detailing its intended Bitcoin Trust product.

This is not technically an ETF, but it is functionally equivalent to an ETF because it allows for daily subscriptions and redemptions. Image

- BlackRock utilized a "grantor trust" model
- This enables in-kind redemptions without a taxable event (meaning, investors can take self-custody when they are ready, unlike with GBTC)
- BlackRock has $10T in AUM. A small re-allocation to this product is bullish BTC๐Ÿš€ Image
Read 10 tweets
We are proud to announce the Haste Metaverse and that @hastearcade is the first platform/service in history to offer parcels of metaverse land to the public based on @blockamoto 's #bitcoin #bitmap protocol.

Continue reading for details and link ๐Ÿ‘‡

While it is still very early, and things/sentiments can certainly change, we wanted to help signal and set the tone that we are in support of the protocol and hope to see other platforms follow suit.

It is a work in progress and our plans are to begin unveiling it slowly over the next two years.

For now, we'd like to highlight and celebrate being first ๐Ÿฅณ. Our team heard about the protocol less than a week ago and made the decision to act.

Read 9 tweets
On June 15th, @BlackRock, the worldโ€™s largest asset manager with nearly $10T under management, filed a #Bitcoin spot ETF with the SEC.

Hereโ€™s why this ETF gets approved.
Blackrockโ€™s story arc for the past 18 months is the blueprint for the coronation of the banks and asset managers to be crowned digital assets' regulated royalty.
Blackrock has had two significant areas of focus: ๐—จ๐—ฆ๐——๐—–/๐—ฆ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ๐—ฐ๐—ผ๐—ถ๐—ป๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป.
Read 17 tweets
๐Ÿšจ WTF is Bitmap Theory?

1/7 ๐Ÿงต๐Ÿ” Bitmap Theory aims to unlock a new realm in the world of #Bitcoin and the #Metaverse. It's an open-source standard that could turn Bitcoin Blocks into Metaverse components. Sounds complex? Let's demystify it. ๐Ÿ‘‡ Image
2/7 โค๏ธ At the heart of Bitmap Theory is the concept of ownership. It suggests you can 'own' a Bitcoin Block by inscribing it onto a Satoshi. This process is decentralized, meaning anyone, anywhere, can participate. ๐ŸŒ๐Ÿ’ป
3/7 ๐ŸŒ Once a block is inscribed, it steps into the Metaverse. The theory suggests platforms could translate this block data into 3D, providing the block owners with the rights to build in these virtual spaces. ๐Ÿ—๏ธ๐Ÿ•น๏ธ
Read 8 tweets
๐Ÿ“™ Introduction of Bitmap Theory ๐Ÿ“™

Bitmap is an open source technology that allows users to claim ownership of #Bitcoin Blocks.

With #Bitmap, any block on the Bitcoin blockchain can be inscribed. Once inscribed, it is owned by the wallet that holds the block. Image
Block owners can become active contributors to the Metaverse, offering a platform for building upon their blocks and creating vibrant, community-driven spaces.

Bitmap Theory documentation:
Read 4 tweets
๐Ÿšจ BREAKING: Explosive SEC-Ripple Case Documents Unleashed ๐Ÿ˜ฑ

๐Ÿ‡บ๐Ÿ‡ธ The SEC's release of the Hinman papers in the #Ripple case has sparked a major boost for #Ethereum ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ The Hinman documents reveal a game-changing insight into the SEC's stance on #Ethereum.

๐Ÿ‘‰ It turns out that senior SEC officials did not classify Ether as a security back in 2018, opening the door for an exciting regulatory gap. Image
2๏ธโƒฃ According to JPMorgan, these explosive revelations could explain why the SEC hasn't taken action against Ether while targeting other #crypto this year.
Read 10 tweets
๐Ÿšจ BREAKING: #Bitcoin ๐Ÿš€

๐Ÿ‡จ๐Ÿ‡ณ China's Secret Plan to PUMP #Crypto Market with Trillions of Dollars Revealed ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ Rumors of a secret U.S. alliance to destroy #crypto have ignited a rollercoaster ride for #Bitcoin, Ethereum, #BNB, XRP, Cardano, Dogecoin, Tron, Polygon, and Solana. Image
2๏ธโƒฃ According to former Forbes billionaire Chamath Palihapitiya, China is ready to "rip in trillions of dollars" through massive quantitative easing ๐Ÿค‘

๐Ÿ‘‰ This could be a game-changer, as China's economic stimulus package aims to inflate everything, including the #crypto market! Image
Read 7 tweets

๐—œ๐—ป๐—ฐ๐—ฒ๐—ป๐˜๐—ถ๐˜ƒ๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ง๐—ฒ๐˜€๐˜๐—ป๐—ฒ๐˜ ๐—˜๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป

Here's a compilation of 6 testnet currently open, which could bring you a few dollars to invest in larger projects such as zkSync, LayerZero or Starknet

#airdrop #airdrops Image
I've selected these projects because they don't require an entire thread for each one

Tutorials are already available, so I've provided the links so you can farm easily

๐ŸงตHere we go ๐Ÿ‘‡
1๏ธโƒฃ @FactorDAO

Factor is a powerful foundational layer that interconnects DeFi protocols by providing the necessary tools and framework for protocols, builders, treasuries, and enables the creation and management of robust financial instruments Image
Read 16 tweets
๐Ÿšจ Attention! ๐Ÿšจ #Bitcoin, the US government and #ETFs

Here's a thread ๐Ÿ‘‡

US goverment owns 207,189 bitcoin, worth $5 billion, more #bitcoin than any other countryโ€ฆโ€ฆ
On March 14th the U.S. sold 9,861.1707894 of the 50,000 of bitcoin, it seized in the case of a hack of the Silk Road marketplace.
The government raked in $215.5 million after transaction fees. The per-coin sale price of about $21,877 was $2,000 less than the going rate on that particular day. The sale didnโ€™t appear to impact bitcoinโ€™s price, which gained 2.43% the day of the transaction.
Read 5 tweets
๐Ÿšจ BREAKING: #BlackRock's Bitcoin ETF application with the SEC has a jaw-dropping success rate of 575 to 1 ๐Ÿ˜ฑ

Will they be the ones to crack the code and bring #Bitcoin to the mainstream? ๐Ÿ”ฅ

A thread ๐Ÿงต Image
1๏ธโƒฃ Is #BlackRock about to make history with their #Bitcoin Spot ETF application?

๐Ÿ‘‰ Their track record with the SEC is unparalleled, with 575 approvals and only ONE rejection.
2๏ธโƒฃ As the world's largest asset manager, #BlackRock has been cautiously stepping into the #crypto realm.

๐Ÿ‘‰ They started with minor investments in #Bitcoin futures and even launched a Blockchain ETF in Europe.

๐Ÿ‘‰ Now, they're going all in with the Bitcoin Spot ETF in the US! Image
Read 11 tweets
What is the โ€œHundreth Monkey Effect,โ€ and how does it relate to #bitcoin adoption?

Time for a ๐Ÿงต
The hundredth monkey effect refers to a hypothetical social phenomenon that was popularized in the 70โ€™s by Lyall Watson, who documented the findings of Japanese primatologists from the 1950โ€™s.

The story goes like this:
Macaque monkeys in Japan were given sweet potatoes by the researchers that were studying them. The scientists observed that some of the monkeys learned to wash the potatoes in the river before eating them, suggesting they preferred the taste of the freshly washed food.
Read 11 tweets
The largest dollar devaluation in the shortest period of time is likely coming in 2024/25.


Because the FED balance sheet is monetized to carry the US government interest expense since 2008 with a lag of 36 months.

#Bitcoin to new highs in this case.

Full credit @RaoulGMI Image
The US interest expense made an all-time high on July 2021, with the FED balance sheet lagging behind 36 months this means we are likely going to see new highs there in July 2024.

#Bitcoin is the most efficient hedge against monetary inflation.
Act accordingly. Image
Why did the interest expense spike?

Because they issued extreme amount of debt to get through COVID while the economy was basically dead.

To top it off that was followed by the most extreme rate hike cycle in history.

At some point the debt will be refinanced at the new rates.
Read 4 tweets
Since its inception in 2009, #Bitcoin has gained mainstream recognition & acceptance, therefore the need for a Bitcoin Spot ETF has become increasingly important. A $BTC spot ETF would offer numerous benefits, not just for individual investors but for the overall #crypto market
Throughout the years I've talked to numerous high-net-worth people, and I mean the top tier, like 0,1% type.

Many, if not all, are still very skeptical towards Bitcoin, not because they don't like the tech or the possible returns, but because they don't like the EXTERNAL RISK! ImageImage
Wealthy people know that protecting their stack is the best way to stay wealthy. Until now, we haven't seen much of this legacy money, except a few high-risk prop firms or some small hedge funds.
Read 17 tweets
Have you ever wondered how #Bitcoin moves on and off the Lightning Network?

Letโ€™s take a look at the process & costs at a high level.

Thread: Image
Moving sats on and off the Lightning Network starts with opening a channel.

This involves creating a multi-signature wallet, which is essentially a Bitcoin address that requires two signatures to spend the funds.
When opening a channel, you commit an amount of Bitcoin to the multi-signature wallet.

This is an on-chain transaction, meaning it's recorded on the Bitcoin blockchain and requires a transaction fee.
Read 11 tweets
Is $BTC decoupling from stocks?

Does it means it's the end for #crypto? Or is it an opportunity to make even more MONEY?

a ๐Ÿงต Image

Historically, $BTC showed a low to moderate positive correlation with traditional financial markets.

But in Q1 2023, it began detaching, hinting at a shift in the financial landscape. What's the reason? Image

Factors behind #Bitcoin's decoupling:
- Increased institutional adoption
- A growing interest in #DeFi
- A view of Bitcoin as an inflation hedge
- Global economic uncertainties.
Read 8 tweets
#bitcoin chart thread starting with Yearly Candles /1

I've been MIA lately. The current algorithm hasn't been providing the dopamine I got used to. Here's a week of charts in one thread. Let see if the algorithm likes it. If you want me to post more, like and retweet. Image
bitcoin on this date /2 Image
bitcoin halving candles /3 Image
Read 11 tweets
@BlackRock the world leading providers of investment, advisory and risk management solutions based in New York City, filed for #BitcoinETF in push into #crypto

A thread ๐Ÿงต Image
This thread comprises ๐Ÿ‘‡

1. What is #EFT
2. What is #BitcoinEFT
3. #BitcoinEFT Regulation
4. Advantages & Demerit of #BitcoinEFT
5. #BitcoinEFT or Owning #Bitcoin which is better.
What Is an #ETF?

An Exchange-Traded Fund (#ETF) is a type of security that can be traded on a stock exchange. #ETFs typically track multiple underlying assets, such as an index fund, stock, commodity, bond, or other asset, but can be structured to track anything from a Image
Read 18 tweets
1/ I just lost all my #Ordinals. ALL of them. Not a scam or theft. A technical mishap. Here's what happened:
2/ A few weeks ago, I inscribed some #cursed ordinals, specifically @CursedBTCPunks. Unfortunately, they never appeared in my Xverse Wallet, so yesterday I joined their Discord in an attempt to find answers about my cursed inscriptions.
3/ I read that in order to view my cursed inscriptions, I would need to import my @xverseApp wallet into @SparrowWallet. So that is what I did...
Read 19 tweets

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