Bitcoin Surging! Diminishing returns myth, countries with Bitcoin, inflation explained - Ep.116

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin’s price has jumped above $68k! This indicates continuation to the upside for the short term at least. Bitcoin feels very bullish right now.

4000 blocks in, the 5th wave has started building. 🌊🚀 #bitcoin. Post: https://x.com/ChartsBtc/status/1791888283959775612

$1.2K stimulus check is now worth $12,096 if it was saved in #Bitcoin. POST: https://x.com/BitcoinMagazine/status/1791775294686195885

DISTRIBUTION OF BITCOIN:

Distribution of #Bitcoin. POST: https://x.com/Scavacini777/status/1791850236991746373

ADOPTION:

India's president is a populist, the youth of India LOVES #Bitcoin, will their president get some "just in case”? POST: https://x.com/Scavacini777/status/1792176432690626962

DIMINISHING RETURNS??:

Diminishing returns my 🍑. You can't have diminishing returns with less than 1% global adoption. In fact, you get the reverse. Accelerated returns kick in after 10% and continue through 60% adoption and we're nowhere near these numbers. If you thought the first 15 years of #Bitcoin's life was special, you ain't seen nothing yet. The next 15 years is going to challenge your math skills. You better get to it and #stackharder. POST: https://x.com/olvelez007/status/1791510615523000524

FIAT/GOVERNMENT NONSENSE:

Probably the best explanation on inflation out there by
@TheGuySwann. POST: https://x.com/satoshibaggins/status/1792567455254196477

The fiat wars escalate. When global superpowers can’t trust each other they’ll weaponize their control over monetary rails to hurt their counterparts. The solution to this is an apolitical trust minimized monetary network that can’t be controlled by anyone. Enter, bitcoin. POST: https://x.com/MartyBent/status/1791967082692657324

Better stack some sats just incase. POST: https://primal.net/e/note15ezpu4rpjndjt0n6a2ucvjf7dcg392yfefngvnanzatgqkq3pgcszpkdzt

NY Post in 2019: Bitcoin will soon be worth ZERO. #Bitcoin in 2024: Still here and up 740%. 😂. POST: https://x.com/Swan/status/1792530098723205588

SIGH…:

Me in the supermarket parking lot after refusing to pay 10 cents for a bag. POST: https://x.com/alifarhat79/status/1792059064572170599

WHOA:

Meteor in Portugal. POST: https://primal.net/e/note1m86fn3s98fqt807ses8auqftupwkynvtq268p7my4f6sv2jm0q6smgz5jy

LOL:

Turtle walk 🤣🤣. POST: https://primal.net/e/note1vsk4j23rlazwnz52zp2gxelsqpy06033l87gq9d46jzf20qnydhqxur8eg

When you meet another #Bitcoin‘er in real life. POST: https://x.com/CarlBMenger/status/1792272330938257515

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