🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Bitcoin was created in 2009 as a response to the 2008 financial crisis. This could very well be the first time in #bitcoin's history that it will experience what it was made to protect against. SVB just got seized by FDIC. 151 Billion dollars potentially uninsured. If banks

#bitcoin is experiencing the opposite of a bank run, with recent address growth (deposit accounts) up and to the right. #SVB

The FED: • Printing 80% of circulating cash in mere months • Highest Inflation since the ‘80s • Most aggressive QT from the FED in 40 years • +$620 Billion unrealised losses on bonds But still, “that pesky crypto broke the bank” The ignorance speak a thousand words.

Balaji Just like USTs, European and other bonds curves have been massive inverted but are now "bad steepening", too. Because this isn't about SVB or a potential US recession. Global deflation combined w/global recession.

Balaji The headline says: Collor locks the money. Collor was the president of Brasil in the 90s, and in 16/03/90 (exactly 33 years ago today) he locked the savings account of all the brazilians. People couldn't access their savings for 18 months, while inflation was 9%/month. BTC!

Balaji where we are going we’re going to need new passports #BitSignal

Balaji "If it's my money, why can't I access it?" Dollars in the bank are an IOU. #Bitcoin is the only money you can actually own.

Balaji Banks are failing, and a record high 67.7% of all BTC has not moved on over 1 year. The stage is set for a parabolic bull run unlike any other. Hyperbitcoinization is approaching.

Balaji Bank stocks priced in #bitcoin reck'd pricedinbitcoin21.com/landing

Balaji The Network State The Four Phases of Hyperinflation: 1) Phase One: is “the rise” or “the extraordinary acceleration phase,” which is the lead-up to hyperinflation. The average duration of the first phase is 8-9 years with annual average inflation of 125 percent. 1/4

Bitcoin vs the banks. March 2023. #BitSignal Source: Google Finance

In the past week: - Fed created $2T lending window - Fed reverses QT increasing BS by $300B - Fed discount window hits record $150B in borrowing - US Government took control of two banks shutting down crypto-fiat settlement networks - FRB gets $30B backstop by major banks -

Balaji Banks across the world are being viewed as extremely risky which can be shown by the cost of insuring against them, for ex. Credit Suisse. Bitcoin held in self-custody ensures there is no counterparty risk b/c you have complete control over your assets. BTC is the risk-off asset

Balaji Today the inflation in Argentina got to 100%/year. If you go to Buenos Aires, the difference between the dollar at the street and the official one can get to 100%. Everyone has dollars under the couch. That's why we Bitcoin!

Balaji How can you not be buying #Bitcoin, knowing this?

New episode of the podcast! I’m here with the Winklevoss twins in the middle of their world tour. Gemini is going global, because crypto is now flippening to Asia. We talk about expansion to India, jurisdictions for crypto, and the innovation of a Winklevoss startup city...

If you want to hear about why DC can't stop cryptocurrency...the full episode is here. Spotify: spoti.fi/3JpO5YV Apple: apple.co/3NhBUP3 YouTube: youtu.be/STbYujxjk1E thenetworkstate.com/episode/winkle…

Here's the livestream for the Network State Conference (part 1 of 2). x.com/i/broadcasts/1…

THE NETWORK SCHOOL We got an island. That’s right. Through the power of Bitcoin, we now have a beautiful island near Singapore where we’re building the Network School. We’re starting with a 90-day popup that runs from Sep 23 to Dec 23, right after the Network State Conference.

What comes next? Well, we're building startup societies. Come join us at ns.com/apply.