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๐ฌ In April, Goldman Sachs said their clients had 'little interest in #Bitcoin ETFs.' ๐ This week they bought $418M worth! ๐
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, Iโm indifferent. Why? Because ETFs take custody of the coin away from the people, stripping away the very essence of what makes Moneroโand crypto in generalโso 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 โcome a-walkinโโ for Monero too? Only time will tell, but rememberโtrue freedom lies in holding your own keys.
๐ Is Monero the next big value play, and will we see an ETF for it sooner than expected? ๐ญ
๐ Join @MoneroRevolution
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, Iโm indifferent. Why? Because ETFs take custody of the coin away from the people, stripping away the very essence of what makes Moneroโand crypto in generalโso 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 โcome a-walkinโโ for Monero too? Only time will tell, but rememberโtrue freedom lies in holding your own keys.
๐ Is Monero the next big value play, and will we see an ETF for it sooner than expected? ๐ญ
๐ Join @MoneroRevolution
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๐ The evolution of #Bitcoin from 2013 to 2024 is undeniableโgoing 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. ๐ก๏ธ๐ฅ #MoneroRevolution #Crypto #Privacy #Decentralization
๐ Join @MoneroRevolution
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. ๐ก๏ธ๐ฅ #MoneroRevolution #Crypto #Privacy #Decentralization
๐ Join @MoneroRevolution
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๐ฅ 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 energyโa 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.
๐ Join @MoneroRevolution and Join us on X
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.
๐ Join @MoneroRevolution and Join us on X
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โก๏ธBreaking News: Mt. Gox Distributes Another 12,000 #Bitcoin to TrusteesโOnly 20,000 $BTC Left!
The infamous Mt. Gox, once the worldโs 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.
๐ Join @MoneroRevolution and Join us on X
The infamous Mt. Gox, once the worldโs 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.
๐ Join @MoneroRevolution and Join us on X
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Forwarded from Monero Revolution (Financial News)
Crushing Fees and Moneroโs Advantage ๐งต 5/6
Letโs talk about #Bitcoin skyrocketing fees. Imagine paying $60โor moreโin fees just to send a simple transaction. Unsustainable, right?
๐ฌ Compare this with #Monero, which offers adaptive block size and consistently low fees, making it far more practical for daily transactions. Moneroโs design allows the network to handle demand flexibly, ensuring fees remain low even during peak usage times.
Monero delivers on the promise Bitcoin once heldโsecure, private, and truly decentralized transactions. The future Bitcoin was supposed to deliver? Monero is already doing it.
๐ Join @MoneroRevolution and Join us on X
Letโs talk about #Bitcoin skyrocketing fees. Imagine paying $60โor moreโin fees just to send a simple transaction. Unsustainable, right?
๐ฌ Compare this with #Monero, which offers adaptive block size and consistently low fees, making it far more practical for daily transactions. Moneroโs design allows the network to handle demand flexibly, ensuring fees remain low even during peak usage times.
Monero delivers on the promise Bitcoin once heldโsecure, private, and truly decentralized transactions. The future Bitcoin was supposed to deliver? Monero is already doing it.
๐ Join @MoneroRevolution and Join us on X
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๐ฐ 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 ๐คฏ
A Bitcoin literally cost $0.00!
๐ Join @MoneroRevolution
A Bitcoin literally cost $0.00!
๐ Join @MoneroRevolution
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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. Weโll see a gap to $100,000 then a swift trip to $200,000."
- Max Keiser
๐ Join @MoneroRevolution
"No supply over $74,000. Weโll see a gap to $100,000 then a swift trip to $200,000."
- Max Keiser
๐ Join @MoneroRevolution
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๐ CNBC: "Multiple analysts are expecting #Bitcoin will hit $100,000" before Trumps inauguration.
๐ค Bitcoin going to be more yuge?
๐ Join @MoneroRevolution
๐ค Bitcoin going to be more yuge?
๐ Join @MoneroRevolution
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Ridiculous but ๐
"We should not be afraid of #Bitcoin. Remember yโall laughed at me when I first got my Bitcoin. Who's laughing now?" says New York City Major Eric Adams
๐ Join @MoneroRevolution
"We should not be afraid of #Bitcoin. Remember yโall laughed at me when I first got my Bitcoin. Who's laughing now?" says New York City Major Eric Adams
๐ Join @MoneroRevolution
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Forwarded from Monero Revolution (Financial News)
๐๐ท๐บ Russian State Duma Deputy Anton Tkachev proposed creating a strategic #Bitcoin reserve in Russia, RIA Novosti reports.
๐ Join @MoneroRevolution
๐ Join @MoneroRevolution
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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 vaultโderivatives of both. The financial elites have managed to turn scarcity into speculation and turn "ownership" into paper promises.
If this doesnโt highlight the absurdity of trusting institutions with the keys to real value, what does?
๐ Join @MoneroRevolution
Think about it: not actual Bitcoin, not gold in a vaultโderivatives of both. The financial elites have managed to turn scarcity into speculation and turn "ownership" into paper promises.
If this doesnโt highlight the absurdity of trusting institutions with the keys to real value, what does?
๐ Join @MoneroRevolution
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Forwarded from Monero Revolution (Financial News)
๐จ๐ณ Chinese publicly traded company Cango Inc now holds 933.8 #bitcoin worth $91 millionโ๏ธ
๐ Join @MoneroRevolution
๐ Join @MoneroRevolution
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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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Well CIA and BlackRock will be happy...
๐ Join @MoneroRevolution
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SENATOR CYNTHIA LUMMIS: ๐บ๐ธ โI encourage people to save #Bitcoin for their future and retirement.โ
Itโs 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 โsavings strategyโ? Orwell would be proud.
True financial freedom doesnโt need political endorsement, it needs privacy, fungibility, and decentralization. Sounds more like Monero, doesnโt it?
๐ Join @MoneroRevolution
Itโs 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 โsavings strategyโ? Orwell would be proud.
True financial freedom doesnโt need political endorsement, it needs privacy, fungibility, and decentralization. Sounds more like Monero, doesnโt it?
๐ Join @MoneroRevolution
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โIf you have permissionless control over underlying propertyโฆ that sounds like you are now sovereign.โ โ Jason Lowery on #Bitcoin
However, while Bitcoin is often hailed as โpermissionless,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 itโs not your keys, itโs not your coin. Moreover, Bitcoinโs 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 โtaintedโ 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 userโs 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.
๐ Join @MoneroRevolution
However, while Bitcoin is often hailed as โpermissionless,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 itโs not your keys, itโs not your coin. Moreover, Bitcoinโs 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 โtaintedโ 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 userโs 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.
๐ Join @MoneroRevolution
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Senator Lummis: Your views on guns, #Bitcoin, crypto, or religion should NEVER impact banking. Chokepoint 2.0 must end now.
๐Subscribe @TheIslanderNews
๐Subscribe @TheIslanderNews
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Trump: ๐บ๐ธ "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."
๐ Join @MoneroRevolution
๐ Join @MoneroRevolution
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๐บ๐ธ S&P Global Ratingsโ Andrew OโNeill says #Bitcoin is โgeopolitically neutral.โ
โWe are starting to see adoption.โ
Agree with Andrew?
๐ Join @MoneroRevolution
โWe are starting to see adoption.โ
Agree with Andrew?
๐ Join @MoneroRevolution
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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? ๐ค
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Add to the list of concerns folks have for Tether? ๐ค
๐ Join @MoneroRevolution
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