Damus

Recent Notes

The Bitcoin Conference profile picture
πŸ‡―πŸ‡΅ METAPLANET JUST BOUGHT ANOTHER 2,823 BITCOIN, BRINGING TOTAL HOLDINGS TO 43,000 BTC‼️

Metaplanet purchased an additional 2,823 BTC for approximately Β₯35.9 billion ($173M USD) at an average price of Β₯12.7 million per BTC.

Metaplanet also reported:
βœ… Total holdings: 43,000 BTC
βœ… Quarterly BTC Yield: 6.6%
βœ… Average cost basis declined

In plain English β†’ Metaplanet is not slowing down ✊

JAPAN IS BECOMING A MAJOR BITCOIN TREASURY SIGNAL ⚑️
The Bitcoin Conference profile picture
πŸ‡ΉπŸ‡Ό TAIWAN JUST PASSED A HISTORIC #BITCOIN AND CRYPTO LAW, CLEARING LEGAL UNCERTAINTY FOR THE INDUSTRY‼️

Taiwan’s parliament passed the Virtual Asset Service Act in its third reading, creating a new legal framework for Bitcoin and crypto platforms, trading, custody, and investors πŸ‘€

Put simply β†’ Taiwan is moving Bitcoin and crypto out of the gray area βœ…

Responsible rules can help protect users without killing innovation ☝️

THE BITCOIN AND CRYPTO RULEBOOK IS GOING GLOBAL 🟠
Bfgreen · 1w
No future in it πŸ‘€
The Bitcoin Conference profile picture
JACK MALLERS SAYS BUYING THE BITCOIN DIP IS WHERE CONVICTION GETS TESTEDβ€ΌοΈπŸ‘€

Conviction is easy when the price is going up.

🟠 The real test comes when Bitcoin is down, sentiment is weak, and everyone is afraid

Bitcoin has not changed:
βœ… Fixed supply
βœ… Global network
βœ… No central bank
βœ… No emergency printing

BITCOIN REWARDS CONVICTION πŸš€
1❀️3
Digvijay Chand Yaduka · 1w
Another dip that's happening is in treasury stocks. Mitchell Askew has thoughts on whether you should buy them: https://primal.net/e/nevent1qqsq80nx3eh76y5k4ss0cqs8n04q2guczqdgjv8dexqrr6jphcdgsvcfarqe5
The Bitcoin Conference profile picture
πŸ‡ΊπŸ‡Έ THE CLARITY ACT IS BACK ON THE CALENDARβ€ΌοΈπŸ“…

The House Financial Services Committee has scheduled a July 17 hearing in New York on the bill.

It could help address πŸ‘‡
βœ… Clear rules
βœ… Clear jurisdiction
βœ… CFTC oversight
βœ… Consumer protections
βœ… A path for builders to stay in America

We have driven too many Bitcoin and crypto β€œdevelopers offshore due to legal uncertainty. They want to build here. Let them. Pass the CLARITY Act.”
- Senator Lummis

AMERICA IS READY FOR CLARITY πŸš€
1❀️1
Busted Balls · 1w
Relaaaax nothing ever happens
The Bitcoin Conference profile picture
πŸ‡ΊπŸ‡Έ THE CLARITY ACT IS BACK ON THE CALENDARβ€ΌοΈπŸ“…

The House Financial Services Committee has scheduled a July 17 hearing in New York on the bill.

It could help address πŸ‘‡
βœ… Clear rules
βœ… Clear jurisdiction
βœ… CFTC oversight
βœ… Consumer protections
βœ… A path for builders to stay in America

We have driven too many Bitcoin and crypto β€œdevelopers offshore due to legal uncertainty. They want to build here. Let them. Pass the CLARITY Act.”
- Senator Lummis

AMERICA IS READY FOR CLARITY πŸš€
❀️1
The Bitcoin Conference profile picture
🏦 $1.68T FRANKLIN TEMPLETON FILES FOR TWO NEW ETFS THAT TURN DIVIDENDS INTO BITCOIN πŸ‘€

The funds would track indexes with 5% Bitcoin exposure, then reinvest dividends into Bitcoin.

πŸ‘‰ Your stock dividends become Bitcoin exposure over time.

🟠 Wall Street is building products that route traditional equity cash flows into BTC:
βœ… First came access, liquidity, then options and income strategies
βœ… Now, dividends are being pointed at Bitcoin

STOCK DIVIDENDS ARE NOW BECOMING A BITCOIN ON-RAMP πŸš€
1
Busted Balls · 2w
MUCH WOW
The Bitcoin Conference profile picture
πŸ‡ΊπŸ‡Έ U.S. CONGRESSMAN SAYS AMERICA SHOULD STOP SELLING ITS BITCOIN‼️

Congressman Nick Begich made his point simply:
πŸ‘‰ The world reserve currency may not be the U.S. dollar forever β†’ β€œIt could be a digital asset.”

Bitcoin is no longer just being discussed by investors, companies, and Wall Street:
πŸ‘‰ It is being discussed as a reserve asset for the United States

AMERICA SHOULD STACK BITCOIN, NOT SELL THE FUTURE πŸ’― ✊
❀️1
The Bitcoin Conference profile picture
πŸ‡ΊπŸ‡Έ PRO #BITCOIN FED CHAIR KEVIN WARSH KEEPS INTEREST RATES UNCHANGED πŸ‘€

Interest rates will remain at 3.50% - 3.75%.

That means the Fed is likely still watching inflation, growth, jobs, and market conditions before making its next move.

During today's FOMC meeting, Federal Reserve Chair announced he aims to appoint a task force to five areas considered to be central to the conduct of monetary policy:
1. Fed communications
2. Fed's balance sheet
3. Use and reliance on existing data sources
4. Productivity and jobs in an era of transformation
5. Fed's inflation frameworks

On the macro side, the message remains the same: The old system is still trying to manage debt, inflation, and slowing growth with interest-rate policy.

"Our number one goal is to get monetary policy right."

If the market starts pricing in a Fed pivot, scarce assets could move fast.

AT THIS RATE, BITCOIN CONTINUES TO SET THE STANDARD. 🟠 🫑
The Bitcoin Conference profile picture
U.S.-IRAN PEACE DEAL SENDS #BITCOIN BACK ABOVE $67,000 πŸ‘€πŸŸ 

The move comes as reports indicate a diplomatic breakthrough between the U.S. and Iran, including an agreement to end the U.S. blockade of Iranian ports and reopen the Strait of Hormuz.

Bitcoin was written off at $59K, and now it is back above $67K πŸš€

Here are some things to note:
πŸ‘‰ The network never stopped
πŸ‘‰ The thesis never changed
πŸ‘‰ The fear faded first

Bitcoin is a freedom assetβ€ΌοΈβœŠ
❀️3
The Bitcoin Conference profile picture
πŸ‡­πŸ‡Ί HUNGARY IS TO DECRIMINALIZE BITCOIN AND CRYPTO TRADING

Bloomberg reports that Hungary is reversing course and moving to decriminalize bitcoin crypto trading.

πŸ‘‰ This market is not going away. It's now becoming part of the global financial system.

Governments are now deciding whether to lead, regulate, or fall behind. πŸš€
3❀️6πŸ˜‚1
The Bitcoin Conference profile picture
GOLD IS FLIPS BEARISH, FAR FROM ALL TIME HIGHS 🐻

Gold has reportedly entered a bear market after falling more than 20% from its January all-time high. Now, Citi warns gold could plunge 20% by September.

Someone check on Peter Schiff πŸ‘€

#Bitcoin 🧑
❀️1