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๐Ÿ˜ฌ In April, Goldman Sachs said their clients had 'little interest in #Bitcoin ETFs.' ๐Ÿ‘€ This week they bought $418M worth! ๐Ÿš€

The world of finance can be full of surprises, can't it? Just a few months ago, Goldman Sachs claimed there was little interest in Bitcoin ETFs. Fast forward, and now they're making a massive $418 million investment! This only goes to show that when demand speaks, even the biggest institutions listen.

But what about Monero? Could we ever see a Monero ETF? Honestly, Iโ€™m indifferent. Why? Because ETFs take custody of the coin away from the people, stripping away the very essence of what makes Moneroโ€”and crypto in generalโ€”so powerful: personal control and privacy.

However, never say never. We all remember when Bitcoin was demonized by regulators, dismissed as a tool for criminals, and now look where we are. If Monero continues to rise in value, much like Bitcoin did when it was around $150 (approximately 2016), the demand might just drive a similar shift. After all, stranger things have happened in the crypto world!

Monero is a value buy today, just as Bitcoin was back then. As demand grows, will we see ETFs โ€œcome a-walkinโ€™โ€ for Monero too? Only time will tell, but rememberโ€”true freedom lies in holding your own keys.

๐Ÿš€ Is Monero the next big value play, and will we see an ETF for it sooner than expected? ๐Ÿ’ญ

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๐Ÿš€ The evolution of #Bitcoin from 2013 to 2024 is undeniableโ€”going from Silk Road and anti-government ideals to mainstream acceptance with ETFs and institutional buy-ins. There's always a huge place for Bitcoin, and its journey to becoming a global financial asset is nothing short of impressive.

But let's be honest, what many envisioned crypto to be back in 2013 is actually #Monero today. Monero stays true to the original ethos of privacy, decentralization, and peer-to-peer cash, without compromising on security or bending to institutional pressures. If you're looking for the true successor to the original crypto ideals, Monero is where the revolution continues. ๐Ÿ›ก๏ธ๐Ÿ’ฅ #MoneroRevolution #Crypto #Privacy #Decentralization

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๐Ÿ”ฅ Jack Mallers is emphasizing how #Bitcoin serves as a safeguard for maintaining purchasing power, especially when measured against the stability of energy, suggesting that as other assets potentially lose value, Bitcoin will continue to stand strong due to its intrinsic connection to energyโ€”a fundamental and unyielding resource.

Similarly, #Monero is not just another cryptocurrency; it's positioned for sustainable, long-term growth due to its focus on privacy and security, which are becoming increasingly valued in our digital age. Monero is poised for significant gains, offering a level of protection and privacy that will be crucial as digital assets continue to integrate deeper into the global economy. By safeguarding your wealth while ensuring your financial activities remain private, Monero is set to be a key player in the future of digital finance, just as Bitcoin is in the realm of energy-linked value retention.

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โšก๏ธBreaking News: Mt. Gox Distributes Another 12,000 #Bitcoin to Trusteesโ€”Only 20,000 $BTC Left!

The infamous Mt. Gox, once the worldโ€™s largest Bitcoin exchange, has just moved another 12,000 Bitcoin, valued at over $800 million. This brings the remaining stash down to just 20,000 BTC, with all eyes on how these remaining coins will be handled.

Mt. Gox is a cautionary tale of centralized crypto exchanges. This latest distribution should serve as a reminder of why owning your keys, especially with privacy coins like Monero, is essential.

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Crushing Fees and Moneroโ€™s Advantage ๐Ÿงต 5/6

Letโ€™s talk about #Bitcoin skyrocketing fees. Imagine paying $60โ€”or moreโ€”in fees just to send a simple transaction. Unsustainable, right?

๐Ÿ’ฌ Compare this with #Monero, which offers adaptive block size and consistently low fees, making it far more practical for daily transactions. Moneroโ€™s design allows the network to handle demand flexibly, ensuring fees remain low even during peak usage times.

Monero delivers on the promise Bitcoin once heldโ€”secure, private, and truly decentralized transactions. The future Bitcoin was supposed to deliver? Monero is already doing it.

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๐Ÿ“ฐ History in the making (literally): Hal Finney sent this email only days after #Bitcoin was created. Mind you, a coin had no value at the time ๐Ÿคฏ

A Bitcoin literally cost $0.00!

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There's $2.1 billion worth of #Bitcoin shorts to be liquidated at $74,000โ—๏ธ

"No supply over $74,000. Weโ€™ll see a gap to $100,000 then a swift trip to $200,000."

- Max Keiser

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๐Ÿ‘€ CNBC: "Multiple analysts are expecting #Bitcoin will hit $100,000" before Trumps inauguration.

๐Ÿค” Bitcoin going to be more yuge?

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Itโ€™s a full on cult! #BitCoin

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Ridiculous but ๐Ÿ˜‚

"We should not be afraid of #Bitcoin. Remember yโ€™all laughed at me when I first got my Bitcoin. Who's laughing now?" says New York City Major Eric Adams

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๐Ÿ‘€๐Ÿ‡ท๐Ÿ‡บ Russian State Duma Deputy Anton Tkachev proposed creating a strategic #Bitcoin reserve in Russia, RIA Novosti reports.

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The madness of the fiat financial system in one chart: BlackRock's #Bitcoin ETF, $IBIT, is now worth nearly double their gold ETF, $IAU, launched back in 2005.

Think about it: not actual Bitcoin, not gold in a vaultโ€”derivatives of both. The financial elites have managed to turn scarcity into speculation and turn "ownership" into paper promises.

If this doesnโ€™t highlight the absurdity of trusting institutions with the keys to real value, what does?

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๐Ÿ‡จ๐Ÿ‡ณ Chinese publicly traded company Cango Inc now holds 933.8 #bitcoin worth $91 millionโ—๏ธ

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Investment bank H.C. Wainwright says #Bitcoin may go to $225,000 this year because of regulatory clarity and institutional adoption โ€” CNBC

Well CIA and BlackRock will be happy...

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SENATOR CYNTHIA LUMMIS: ๐Ÿ‡บ๐Ÿ‡ธ โ€œI encourage people to save #Bitcoin for their future and retirement.โ€

Itโ€™s never a good look for Bitcoin when Western politicians start pushing it. The same establishment that brought us fiat debasement and economic surveillance now wants to guide your โ€œsavings strategyโ€? Orwell would be proud.

True financial freedom doesnโ€™t need political endorsement, it needs privacy, fungibility, and decentralization. Sounds more like Monero, doesnโ€™t it?

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โ€œIf you have permissionless control over underlying propertyโ€ฆ that sounds like you are now sovereign.โ€ โ€“ Jason Lowery on #Bitcoin

However, while Bitcoin is often hailed as โ€œpermissionless,โ€ the reality is more nuanced. A significant portion of Bitcoin users rely on custodial layers like centralized exchanges to store and transact their BTC, which undermines the core ethos of sovereignty.

When Bitcoin is held on these platforms, it is subject to third-party control, making it neither permissionless nor entirely secure: if itโ€™s not your keys, itโ€™s not your coin. Moreover, Bitcoinโ€™s lack of true fungibility further complicates its claim to sovereignty. Fungibility means that each unit of a currency is indistinguishable and interchangeable with any other unit. Bitcoin falls short here because transaction histories are publicly visible on the blockchain, leading to โ€œtaintedโ€ coins that can be blacklisted or devalued.

This transparency makes Bitcoin susceptible to confiscation or freezing by authorities, especially when held on centralized platforms.

In contrast, privacy-focused coins like Monero offer true fungibility and resist confiscation due to their cryptographic obfuscation. Monero transactions are private by default, ensuring that all coins are equal and indistinguishable, preserving the userโ€™s sovereignty.

While Bitcoin has paved the way for decentralization, its custodial reliance and traceable nature highlight the importance of embracing tools like Monero to fully realize financial sovereignty and permissionless control.

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Senator Lummis: Your views on guns, #Bitcoin, crypto, or religion should NEVER impact banking. Chokepoint 2.0 must end now.

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Trump: ๐Ÿ‡บ๐Ÿ‡ธ "Unfortunately in recent years the US Government sold 10,000s of Bitcoins that would have been worth billions of dollars. Mostly under the Biden Administration. From this day on America will follow the rule that every Bitcoiner knows very well, never sell your #bitcoin."

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๐Ÿ‡บ๐Ÿ‡ธ S&P Global Ratingsโ€™ Andrew Oโ€™Neill says #Bitcoin is โ€œgeopolitically neutral.โ€

โ€œWe are starting to see adoption.โ€

Agree with Andrew?

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Tether sends 37,229 #Bitcoin worth almost $4 billion in total to Jack Maller's Twenty One Capital.

Add to the list of concerns folks have for Tether? ๐Ÿค”

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