Weak, retail hands are getting shaken loose of their precious BTC. If anything, there has never been a better time to buy. Institutions are vacuuming up the supply, and if the trends continue, BTC won’t be able claim to be the people’s money, as only the 1% will own the vast majority. HODL, or don’t buy any, is our advice. It is not to be traded.

When crypto markets are down, it's important to remember the ideals that Crypto was founded up. Check out Eric Hughes' writing from 1993 and his rally for the digital right to privacy. A Cypherpunk's Manifesto https://www.activism.net/cypherpunk/manifesto.html

Michael Saylor on why we should HODL https://youtube.com/watch?v=dFrOiVtpsds&feature=share

Thanks for sharing the below meme Elliot!

Seign·ior·age noun
Profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs.
HISTORICAL
The Crown's right to a percentage on bullion brought to a mint for coining.
HISTORICAL
a thing claimed by a sovereign or feudal superior as a prerogative.
plural noun: seigniorages; plural noun: seignorages

The majority —69%— of Coinbase users are buying BTC versus selling. And yes, for the year, BTC is still up 352%.

Laszlo Hanyecz said he wouldn't spend his Bitcoins on a Tesla. Hanyecz knows what he's talking about: In 2010, he paid 10,000 Bitcoins, worth about $446 million at current prices, for two pizzas. It was the first known commercial transaction of cryptocurrency

CryptoLiberate.com is now live. And this telegram channel is the first to know. Your feedback and engagement will be greatly appreciated. Our goal is to make crypto less cryptic. By providing educational analysis on the crypto markets and exciting crypto projects, we hope to shine a light on the opportunities for greater prosperity and sovereignty through crypto. Visit our web site and break free from the fetters of fiat and surveillance capitalism. Please be sure to sign up for our newsletter too. This will give you access to exclusive content as we migrate into the exciting new economic paradigm of Crypto.

While China publically denounces crypto, they are developing a state backed CBDC of their own. With it they will have complete authoritarian control of their currency. This is the time to recall why Bitcoin is so important to our sovereignty: Stateless, borderless, and decentralized. Bitcoin Headed For A Catastrophic Price Drop As China Reiterates Negative Stance On Crypto https://zycrypto.com/bitcoin-headed-for-a-catastrophic-price-drop-as-china-reiterates-negative-stance-on-crypto/

Great context for what is happening: https://youtu.be/9VtCNPfh3OI

Looking at the velocity of the bounce at 30k — that’s likely our new floor.

Bitcoin’s China Dip https://www.cryptoliberate.com/bitcoins-china-dip/

Galaxy Digital Claims Banks Use More Than Double The Energy of Bitcoin

Digital assets firm Galaxy Digital has published a report claiming that Bitcoin is more than twice as green as the international banking system. 

In brief

▪️Galaxy Digital has released a report comparing the energy consumption of Bitcoin and traditional finance.

▪️Though the results favor Bitcoin, some of the data points are far from conclusive.

✍By Scott Chipolina✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

One of the concerns with China is that there are too many miners for Bitcoin concentrated in China. Since China is autocratic, some believe this could lead to a 51% attack on the network. If some mining does move out of China, it positive for Bitcoin. China’s Largest Miner Plans to Move to North America Amid China’s Crackdown on Bitcoin Mining https://coingape.com/chinas-largest-miner-plans-move-north-america-amid-chinas-crackdown-bitcoin-mining/

Engaging discussion on where all this money printing is leading and what it means for crypto https://youtu.be/QWrVmKgsZxE