🐋🦈 𝐖𝐡𝐚𝐥𝐞𝐬 𝐚𝐧𝐝 𝐒𝐡𝐚𝐫𝐤𝐬 𝐀𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐚𝐜𝐞 𝐨𝐟 𝐔𝐒 𝐁𝐚𝐧𝐤 𝐑𝐮𝐧 🏦

According to crypto tracker Santiment, #Bitcoin whales and sharks accumulated 40,557 BTC worth $821.50 million in the past week.

THREAD 🧵 Regardless of the uncertainty in the crypto market, this shows that #Bitcoin is an asset people fall back on in times of uncertainty.

The failure of #crypto-friendly banks like Silvergate and Signature Bank caused some initial turbulence but caused Bitcoin to pick up again.

𝐏𝐞𝐨𝐩𝐥𝐞 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐰𝐨𝐫𝐤𝐢𝐧𝐠, 𝐩𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐬𝐚𝐯𝐢𝐧𝐠 — 𝐧𝐨𝐭 𝐬𝐩𝐞𝐧𝐝𝐢𝐧𝐠.

In today's world, we are constantly being encouraged to spend money through advertisements.

#bitcoin
THREAD 🧵 However, #Bitcoin maxis argue that working, producing, and saving are better long-term financial strategies.

Fiat currency, which is money issued by governments, is widely used but loses value over time due to inflation.