Today’s Nuggets
BTC Flipped the Norway Sovereign Wealth Fund
Fiat is Looking for a Life Raft
All Terrified of Inflation; All Own Bitcoin
All Roads Lead to Inflation
The Bond Market is Screaming Debasement
“Pay Me in Bitty!”
Clear Out the Shorts, Then the Longs
2,600 U.S. Working Hours Needed to Buy 1 BTC
There is a lot to cover in this story, with some good, bad, and incredible news.
We hit a new milestone of $93,000 for Bitcoin! The crypto market cap was over $3 trillion as records were shattered everywhere. IBIT hit $40 billion in 11 days.
Bitcoin is the life raft, everybody!
Who would have thought? Bitcoin went up $20,000 in a short window of time.
Bitcoin briefly was the seventh largest asset in the world, with over $1.833 trillion in value - truly incredible!
It just surpassed Saudi Aramco, the world's largest oil company.
Saudi Aramco pulls black gold out of the floor for free. Bitcoin is now clearly more valuable than oil.
Why do we care about Norway and its sovereign wealth fund?
The Norwegian Sovereign Wealth Fund also
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