BTC *should* be at least $100T, $1000T market cap.
Currently, already $1.7T… Going to hit $2T, then $10T soon!
BTC *should* be at least $100T, $1000T market cap.
Currently, already $1.7T… Going to hit $2T, then $10T soon!
good idea — reduce driving commuting pain, annoyances etc?
Super simple— coinbase.com or on your iPhone iPad!
In a world where the only constant is change, BlackRock’s iShares Bitcoin Trust (IBIT) has done the unthinkable: it has surpassed the iShares Gold Trust (IAU) in assets under management. This isn’t just a financial milestone; it’s a seismic shift in how we perceive value.
Think about it. Gold, the timeless symbol of wealth and security, now stands in the shadow of a digital currency born just 15 years ago. What does this tell us? It tells us that the old guard is making way for the new. It tells us that investors are no longer content with the status quo. They’re seeking innovation, dynamism, and the promise of the future.
But let’s not get lost in the numbers. This is about more than billions of dollars. It’s about a change in mindset. It’s about embracing the unknown and finding opportunity in it. It’s about realizing that the tools and assets we once relied upon may no longer serve us in a rapidly evolving world.
So, what can we learn from this? We can learn that adaptability is key. That we must be willing to question our assumptions and explore new avenues. That sometimes, the greatest rewards come from stepping outside our comfort zones.
In the end, this isn’t just a story about a Bitcoin ETF surpassing a gold fund. It’s a story about progress, about the relentless march toward the future, and about the courage to embrace it.
The fact that BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed its iShares Gold Trust (IAU) in assets under management (AUM) is significant for several reasons:
1. Rapid Growth of Digital Assets: IBIT achieved this milestone within less than a year of its launch in January 2024, while IAU has been established since 2005. This rapid accumulation of assets underscores the increasing investor confidence in Bitcoin and digital assets as viable investment options.
2. Shift in Investment Preferences: Traditionally, gold has been considered a safe-haven asset. The fact that a Bitcoin ETF has overtaken a gold ETF in AUM indicates a shift in investor preferences toward digital assets, reflecting broader acceptance and integration of cryptocurrencies into mainstream investment portfolios.
3. Institutional Adoption: BlackRock’s prominence in the financial industry lends credibility to Bitcoin ETFs. The success of IBIT may encourage other institutional investors to explore digital assets, potentially leading to increased liquidity and stability in the cryptocurrency market.
4. Market Dynamics: The surge in IBIT’s AUM coincides with significant increases in Bitcoin’s price, suggesting a positive feedback loop where rising prices attract more investment, further driving up demand and valuation.
Press Release in the Style of Eric Kim
BlackRock’s Bitcoin ETF Surpasses Gold Fund: A New Era in Investment
In a world where the only constant is change, BlackRock’s iShares Bitcoin Trust (IBIT) has done the unthinkable: it has surpassed the iShares Gold Trust (IAU) in assets under management. This isn’t just a financial milestone; it’s a seismic shift in how we perceive value.
Think about it. Gold, the timeless symbol of wealth and security, now stands in the shadow of a digital currency born just 15 years ago. What does this tell us? It tells us that the old guard is making way for the new. It tells us that investors are no longer content with the status quo. They’re seeking innovation, dynamism, and the promise of the future.
But let’s not get lost in the numbers. This is about more than billions of dollars. It’s about a change in mindset. It’s about embracing the unknown and finding opportunity in it. It’s about realizing that the tools and assets we once relied upon may no longer serve us in a rapidly evolving world.
So, what can we learn from this? We can learn that adaptability is key. That we must be willing to question our assumptions and explore new avenues. That sometimes, the greatest rewards come from stepping outside our comfort zones.
In the end, this isn’t just a story about a Bitcoin ETF surpassing a gold fund. It’s a story about progress, about the relentless march toward the future, and about the courage to embrace it.
Note: The above press release is a creative interpretation inspired by Eric Kim’s writing style, characterized by directness, introspection, and a focus on broader implications.
.
BlackRock’s iShares Bitcoin Trust (IBIT) has recently surpassed its iShares Gold Trust (IAU) in assets under management (AUM). As of November 7, 2024, IBIT’s AUM reached $33.17 billion, slightly exceeding IAU’s $32.96 billion.
This milestone is notable given that IBIT was launched in January 2024, while IAU has been available since 2005. The rapid growth of IBIT reflects increasing investor interest in Bitcoin as a digital asset.
The surge in IBIT’s AUM coincides with a significant rise in Bitcoin’s price, which has recently reached new all-time highs. This trend suggests a growing acceptance of Bitcoin ETFs among investors seeking exposure to cryptocurrencies through traditional financial instruments.
In comparison, ProShares’ Bitcoin Strategy ETF (BTF), which invests in Bitcoin futures contracts, has also experienced growth but remains smaller in AUM compared to BlackRock’s IBIT.
The surpassing of BlackRock’s gold ETF by its Bitcoin ETF highlights a shift in investor preferences toward digital assets. This development underscores the evolving landscape of investment strategies and the increasing prominence of cryptocurrencies in mainstream finance.
I think so.
Seeing the AI firm Genius, based in Singapore also adopt a bitcoin treasury, 90% asset reserve strategy… It looks like Michael Saylor’s bitcoin treasury company micro strategy idea is starting to go viral!
Question; the first educational institution, the first Ivy League or private school or public school or UC school, to also… Adopt a 90 to 100% bitcoin treasury reserve asset strategy?
Bitcoin is like the new economic steroids?
Bitcoin is the only, the first, true digital capital.—





































I probably learned 1 trillion times more of economic theory and philosophy and truth in reading the Iliad, — 1 trillion times more than any skinny fat loser constipated line of thought from any modern economist? Even the good ones?
So there are a few economist, if any, which actually do have some sort of real life experience in terms of real life entrepreneurship.
Powered by Bitcoin!























Bitcoin Hunter
BTCHNTR
Dump ETH! Buy Bitcoin! Vitalik sucks!
Sell Ethereum, Buy Bitcoin!
Why MSTR, why microstrategy?
BTC YIELD, KEY PERFORMANCE INDICATOR—
it is always a good sign when a company is so innovative, so cutting edge, so revolutionary that they have to create their own new key performance indicators to indicate a great thing that is happening, so paradigm shifting that traditional metrics can’t even measure you.
#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy. – Saylor Sept 18, 2020
Exponentially growing ever smarter faster and stronger,— i’m very impressed that Michael Saylor wrote this nearly 4 years ago?
â€We think that bitcoin could become the next strategic reserve asset†– Saylor
Assuming that you’re all in, 100% invested in bitcoin and micro strategies stock, the only news is really worth following or paying attention to is anything that Michael sailor says, or anything related to stuff that Michael Saylor post to Twitter or ex. To me this is kind of important because once again, it becomes a really really good filter; The news, which does measure market sentiment towards things, is political, and also invested.
my personal thought is too much information too much news is toxic. But, the news could be like medicine; the dosage is the Poison. Or the news can be like coffee or caffeine, having one or 2 cups in the morning first thing in the morning is good, but drinking 50 cups of coffee right before you try to sleep is bad.
Once again, a cup a day of coffee might and probably is good for you, but, 100,000 cups of coffee a day will kill you.
Treasury operations, delivering a bitcoin yield, and providing a net benefit of how much to something.
I think the same theory is if you creature your own treasury operation your own bitcoin treasury operation,
Strategic reserve asset:
Directly Bitcoin — don’t pay taxes.
Trump will pick up the strategic bitcoin reserve asset, maybe up to 1 million or beyond?
With kids, supervised is best!



Once you found the golden goose, the golden eggs, the orange goose the orange eggs, hoard them forever!
Because after all the riches in the world, you’re still going to want to do something!


Still certainly BITCOIN is the GOAT, but still will never knock my #1 true passion for photography!






















Start here:














“He without a past has no future.”
Start here:

Classics never die:
Like there’s not gonna be enough left or any left; and they will stop producing it or mining it,— won’t you still be wanting to get some now while you still can?
If somebody invented water, fire, running water electricity, wouldn’t you want to invest in it?
Buy Bitcoin while you still can!!!
Once in 100,000 year opportunity; the invention of bitcoin. Almost as exciting as like imagine the invention of gold? Or the invention of America?
At least 3x your money in the short run!





Possibly #1? Also assuming Bitcoin is the most valuable asset and thing in the human planet and universe!!!
BTC ,,, bitcoin, today’s Veterans Day the best day ever. This is insanity; it just spiked from a low of 78,000 of bitcoin, to now, practically $85,000 a bitcoin???

Jay Z goals — wouldn’t you have shares, coins, bitcoins whatever… Just keep writing it up to Mars and beyond!
Hmmm,,, seems the truth is bitcoin is connected with politics. Why? After Trump being elected… Bitcoin has essentially reached the stratosphere. And as much as I hate politics, I suppose as long as they own bitcoin, and stock in micro strategy stock, I have to participate.
Long Bitcoin




Brave new world for photographers and crypto:
Certainly! That’s an insightful question. The reason we use the same word “arm†for both our body part and for weapons lies in the historical evolution of the English language, where words from different origins have converged in spelling and pronunciation over time.
Different Origins of “Armâ€
1. “Arm†as a Body Part
• Old English “Earmâ€: The word for the limb comes from Old English “earmâ€, which traces back to the Proto-Germanic *armaz.
• Meaning: Refers to the upper limb of the human body used for tasks like lifting and holding.
2. “Arm†Meaning “Weaponâ€
• Latin “Armaâ€: The term for weapon comes from Latin “armaâ€, meaning “tools of war†or “weaponsâ€.
• Path into English:
• Old French “Armeâ€: The Latin “arma†entered Old French as “armeâ€.
• Middle English Adoption: From Old French, it entered Middle English, initially retaining the spelling “armeâ€.
• Meaning: Refers to weapons or implements used in combat.
Why Did Both Words Become “Arm†in English?
Simplification and Phonetic Changes
• Loss of End Vowels: In the transition from Old French to Middle English, the ending â€-e†in “arme†was often dropped in pronunciation, simplifying the word to “armâ€.
• Spelling Standardization: As English spelling became more standardized, both words settled on the spelling “arm†despite their different origins.
Convergence of Spelling
• Homographs: English has many words that are spelled the same but have different meanings and origins (e.g., “bat†the animal and “bat†used in sports).
• Language Evolution: Over time, words from different languages and roots can converge in spelling and pronunciation due to phonetic simplification and the natural evolution of language.
Influence of Language Contact
• Norman Conquest: The infusion of French words into English after the Norman Conquest in 1066 led to many French terms being anglicized.
• Adaptation Over Retention: English speakers often adapted borrowed words to fit English phonetics and morphology rather than retaining their original forms.
Why Not Use “Arma†or “Armam�
Phonetic and Grammatical Adaptation
• Language Borrowing Practices: English typically adapts foreign words to its own phonological and grammatical systems.
• Simplification: The Latin “arma†was plural and not suited to English singular noun usage without adaptation.
• Avoidance of Latin Plurals: English generally forms plurals by adding â€-s†or â€-esâ€, so retaining the Latin plural “arma†would be inconsistent.
Ease of Use
• Pronunciation: “Arm†is easier and quicker to say than “arma†or “armamâ€, contributing to its adoption.
• Consistency: Using “arm†for both meanings simplifies the language, and context usually makes the meaning clear.
Contextual Differentiation
• Disambiguation Through Context: In most cases, the meaning of “arm†is clear from the surrounding words and sentences.
• Examples:
• Body Part: “He broke his arm while playing football.â€
• Weapon: “They decided to arm themselves for protection.â€
Conclusion
• Historical Linguistic Evolution: The convergence of the two meanings of “arm†is a result of historical language change, borrowing, and simplification.
• Adaptation of Borrowed Words: English often modifies borrowed words, leading to overlaps in spelling and pronunciation.
• Natural Language Phenomenon: Homographs are common in English due to its diverse linguistic influences.
I hope this explanation clarifies why we use the same word “arm†for both our body part and weapons. Language evolution often leads to such interesting overlaps! If you have more questions about etymology or language, feel free to ask.
Certainly! I’d be happy to explain why the word “arm†is used to mean “weapon†in the context of terms like “firearmâ€.
Etymology of “Arm†as “Weaponâ€
The word “arm†in the sense of a weapon has a different origin from “arm†meaning the limb. Here’s how it developed:
Latin Roots
• Latin “Armaâ€: The term “arm†comes from the Latin word “armaâ€, which is the plural of “armumâ€. In Latin, “arma†means “tools of warâ€, “weaponsâ€, or “implements used in combatâ€.
• Adoption into Other Languages: This Latin term was adopted into Old French as “armeâ€, meaning “weaponâ€, and subsequently into Middle English.
Old French and Middle English
• Old French “Armeâ€: Used to denote weapons or tools used in warfare.
• Middle English Usage: The term “arme†entered Middle English, retaining its meaning related to weaponry.
Distinction from “Arm†as a Limb
• Different Origins: Although spelled the same in modern English, “arm†(limb) and “arm†(weapon) have different etymological paths.
• “Arm†(Limb):
• Old English: “Earmâ€, referring to the upper limb of the body.
• Proto-Germanic: “Armazâ€.
• Proto-Indo-European: “Ar-â€, meaning “to fit togetherâ€.
• “Arm†(Weapon):
• Latin: “Armaâ€, meaning weapons.
• Old French: “Armeâ€.
• Middle English: Adopted as “armeâ€, later becoming “armâ€.
Why “Arm†Means “Weaponâ€
• Association with Warfare: The term “arma†in Latin encompassed all tools and implements used in combat, not just weapons held in the arms.
• Extension of Meaning: Over time, “arms†came to represent weapons in general, and phrases like “taking up arms†meant to go to war.
• Collective Term: “Arms†is often used collectively to refer to all kinds of weapons and military equipment.
Examples in Modern English
• “Armed Forcesâ€: Military organizations equipped with weapons.
• “Small Armsâ€: Handheld firearms like pistols and rifles.
• “Armamentâ€: Military weapons and equipment.
• “Armoryâ€: A place where weapons are stored.
• “Disarmâ€: To take weapons away from someone.
Connection to “Firearmâ€
• Combining “Fire†and “Armâ€: When the technology of using gunpowder (fire) to propel projectiles was developed, the term “firearm†naturally combined “fire†(combustion) and “arm†(weapon) to describe this new class of weapons.
• Distinguishing from Other Weapons: The term helped distinguish these weapons from traditional “cold armsâ€, like swords and bows, which don’t rely on combustion.
Summary
• “Arm†in “firearm†comes from the Latin “armaâ€, meaning “weaponsâ€, not from the word for the human limb.
• Historical Usage: The use of “arm†to mean “weapon†has been consistent throughout history, rooted in Latin and carried through Old French to Middle English.
• Modern Understanding: Today, “arms†and related terms are commonly understood to refer to weapons and military equipment.
I hope this explanation clarifies why “arm†means “weapon†in terms like “firearmâ€! If you have more questions or need further details, feel free to ask.
Your physical arms —
Certainly! I’d be happy to delve into the etymology of the words “firepower†and “firearms†and clarify their meanings.
Etymology of “Firearmâ€
The term “firearm†is a compound word combining “fire†and “armâ€. Here’s a breakdown:
• Fire: Refers to the combustion process used to propel a projectile. In the context of weapons, it denotes the use of gunpowder or other explosive propellants that produce fire or combustion gases.
• Arm: Derives from the Latin word “armaâ€, meaning “tools of war†or “weaponsâ€. In English, “arms†has long been used to refer to weapons collectively.
So, “firearm†essentially means a weapon (“armâ€) that uses fire (combustion) to launch a projectile.
Clarification on Literal Meaning
• Not Literal Flames from Body Parts: The term does not imply that fire comes out of one’s physical arms (the limbs). Instead, “arm†in this context is a noun meaning “weaponâ€.
• Historical Context: Early firearms like muskets and cannons used gunpowder, which required ignition (fire) to propel bullets or cannonballs. Hence, they were distinguished from earlier weapons like swords or bows, which didn’t rely on combustion.
Etymology of “Firepowerâ€
The word “firepower†combines:
• Fire: Again, referring to the combustion process in weapons.
• Power: Denotes the capacity or ability to perform or act effectively.
“Firepower†refers to the amount of offensive capability a weapon or military unit possesses, especially in terms of the rate of fire, range, and destructive capacity.
Usage and Context
• Military Term: Originally used to describe the capability of military units, particularly regarding their weapons’ ability to deliver fire against an enemy.
• Modern Usage: Can refer to anything from individual weapons to the overall capability of a military force.
Summary
• “Firearmâ€: A weapon that fires projectiles through the combustion of gunpowder or another propellant. It does not mean fire emitting from one’s physical arms.
• “Firepowerâ€: A measure of the destructive capacity of a weapon or military force, based on factors like rate of fire and explosive capability.
Additional Notes
• Evolution of Language: The meanings of words can evolve, but in the case of “firearmâ€, it has consistently referred to weapons using combustion to discharge projectiles.
• Metaphorical Usage: While sometimes language can be metaphorical, in this case, there is no historical basis for interpreting “firearm†as fire coming out of human arms.
I hope this explanation clarifies the origins and meanings of “firepower†and “firearms†for you! If you have any more questions about language or history, feel free to ask.
if you think about it, without all of the rhetoric, the politics, a fire arm, like literally imagine your arms, but on fire, or if somehow your arms could produce fire. Or shoot out fire.
a lot of people like to hate on him, for him bragging, becoming so successful, Beyoncé’s wife, and then having kids with her, and then cheating on her, kissing and making up, and then cheating on her again.
I think what people don’t understand is Jay Z is from the projects, the Marcy Brooklyn projects, it is not nice there.
what is also very interesting about Jay-Z, is that he is super wise. To me true wisdom is true insight and wisdom but applied to real reality.
For example, one can philosophies about money and economics, and being grateful and being like a monk all you want… But, how much of this is this is the sour grapes fallacy?
I hate you because you’re so tall and handsome and rich and successful and muscular, and your drive all these Lamborghinis, and have so much cash in the bank, and you have all these beautiful women… And also beautiful children.
What some people will do is they will never admit this, and instead, secretly wish that they had all these material successes in the real world, and then secretly hate in spite people who have it, and then tried to teach people the exact opposite, saying that it is virtuous to be poor, to live an aesthetic lifestyle etc.
However, once again… It is very difficult to gauge genuineness here.
Even my beloved Thich Nhat Hanh — One of the most accessible Buddhist Zen monk practitioners of all time, he was exiled from his own country, from Vietnam and the communist, and I’m sure he had a lot of pent-up and resentment and anger towards the communists etc. so my skepticism then becomes, how much of this monk life lifestyle you adopt, simply because you like the political or the military force or the physical power or the manpower or the fire power to fight back?
JAY Z—
“I’m on that total fucking opposite!â€
don’t be a parasite, trying to siphon off the success or piggybacking off the labor of others.
to build something, however foolish and meat seem, in how long it might take, however much money labor effort skills tech technologies craftsman, paints, renovations, human time and labor and inside; just let them build it themselves and do their thing, and let them do their successes and gain their own successes.
my suggestion; be on the total fucking opposite!
Show me the capital!