Drewsie (@drewsie_) header
Drewsie (@drewsie_) profile picture

Mostly inflation, economics & Bitcoin

Joined March 2016
Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)Photo by Drewsie (@drewsie_)
1/ Hard to soft Money: The Hyperinflation of the Roman Empire Thousands of years before 1920s Weimar Germany 🇩🇪 hyperinflation, there was the great currency debasement of the Roman Empire 🪙 . 🧵 👇
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1/ A Bullish Case For #Bitcoin: Why The 2021 All-Time High of $65,000 USD 💵 Was Just The Beginning. A THREAD 🧵🪡👇
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15/ CONTINUED ADOPTION The number of #Bitcoin addresses with any amount of Bitcoin just surpassed 50 million. That # has doubled in 3.5 years. H/t @wclemente By the April 2024 Halving, retail accumulation will offset the supply of new coins (via mining).
Supply accumulated by on-chain retail (entities with <1 BTC) has increasingly offset Bitcoin's supply issuance. At current rates, after this upcoming halving retail accumulation will completely offset issuance for the first epoch since inception.
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@TheELongWave , here is the Bitcoin adoption chart you were asking for. Excellent presentation today sir 👏👌👍🤝
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For those of you keeping score at home, the last time #GBTC had 5 straight days of lower selling was Jan 26, 2024. The price of #Bitcoin then was $0.042M. Might want to check the chart to the right of the dashed line😳.
This quoted post is unavailable.
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“They print 💸🖨️…you work” Straight 🔥 explanation from @TheGuySwann on inflation 👏
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“No reason to sell the winner (#Bitcoin) to buy the losers (everything else) - Saylor
Reporter asks, “You own $10,000,000,000 worth of bitcoin. When do you sell for profit?” Michael @Saylor says, “I’ll be buying forever”
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A financial advisor that doesn’t suggest an allocation to #Bitcoin is not an advisor. They are a salesman
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Narratator: #Bitcoin found it’s footing that day. 📈🚀
Unlikely that Bitcoin finds its footing
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Real Estate is ‘LEAKY’ wealth preservation vs #Bitcoin Find out why👇 youtu.be/ZYlR4_WO3MY?si=j8ou… Real Estate vs. #Bitcoin on @CanadianBTCPod @TaylorSugar @JoeyTweeets and discuss: -Price vs. Utility + Valuation -Rent Control -Property Rights (🏠vs #BTC ) -Broken LTB System
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Tonight at 7 PM EST, you can catch the latest @CanadianBTCPod show with @drewsie_ and @TaylorSugar of @PlaybookWealth - we discuss the stability of Bitcoin vs. the risks of real estate. youtu.be/ZYlR4_WO3MY?si=Qlmy…
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REAL ESTATE vs. BITCOIN 📈lnterest Rates vs. Money Supply🖨️ ⚔️Property Rights ⛏️ ☠️Rent Control Poisons Real Estate 🛡️Best store of value? Can #BTC Demonetize Real Estate? Read all about it …. wealthplaybook.ca/post/real-… #BricksForBits @PrestonPysh @leonwankum
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This 👇.
When the dollar collapses, a #Bitcoin ETF will entitle the holder to infinite cash, not bitcoin. Now do you get it?
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#Bitcoin is up 7% YTD…in 2024…in 36 hours 🤯
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Where do the spot #BITCOIN ETFs go to buy their #Bitcoin after the exchanges are full drained 🤔.
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This thread is 1 day old. Since it was published 24 hours ago: -Argentina 🇦🇷 contracts can be agreed to & settled in #BITCOIN - spot #Bitcoin conference call with 12 ETF providers (‘guidance’ for approval in Jan) -X to be a payment company in 2024 👀
1/ A Bullish Case For #Bitcoin: Why The 2021 All-Time High of $65,000 USD 💵 Was Just The Beginning. A THREAD 🧵🪡👇
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Drewsie retweeted
1/ A Bullish Case For #Bitcoin: Why The 2021 All-Time High of $65,000 USD 💵 Was Just The Beginning. A THREAD 🧵🪡👇
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28/ SELF FULFILLING PROPHECY "It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy". - Satoshi Nakamoto
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29/ LEARN It is worth your time to learn about #Bitcoin. Follow the names below to get up to speed: @PrestonPysh @LawrenceLepard @JeffBooth @MichaelSaylor @Excellion @Saifdean @maxkeiser @dylanleclair @natbrunell @anilpatel @FossGregfoss @adam3us @CaitlinLong_
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