- Bitcoin Therapy š§
- Posts
- š§ Top 6 most savage Bitcoin moments
š§ Top 6 most savage Bitcoin moments
and orange man + orange coin = good
Todayās email is brought to you by Stamp Seed - a titanium seed storage solution for your Bitcoin.
Get 15% off your Stamp Seed with the code āTherapy15'
Good morning patient - Arsen here. ā
Welcome back to Bitcoin Therapy - the newsletter thatās as smooth as high-quality tequila, never a bad aftertaste.
First, happy and relaxing Sunday to 8,151 patients reading today. š
Sipping on some filtered H20 because your boy needs to stay hydrated to think of all the dumb jokes youāre about to read.
Alright, hereās what I got for you this week
Okay, now Trump REALLY likes Bitcoin ā¤ļø
Top 6 most savage Bitcoin moments (#2 is wild) š„
One reason why every company should adopt Bitcoin (with proof)
Estimated read time: 3 minutes and 31 seconds
Forwarded this email? Sign up here.
Alright, letās Bitcoinā¦
OKAY, TRUMP REALLY LIKES BITCOIN
Itās Wednesday morning. I woke up with neck pain and a stuffed nose. Iāve also run out of coffee. Itās starting to look like a bad morning.
But it all changed when I opened my phone and saw this:
No, your eyes are not lying: the former (and potentially next) President of the United States said:
Bitcoin is āour last line of defense' against the CBDC
The remaining Bitcoin should be made in the US
Bitcoin will help the US become energy-dominant
And before someone screams, āHeās just pandering for votes!!1ā.
Yes, thatās true. Welcome to politics.
If you think like this, youāre missing the forest for the trees: bitcoin is a large enough movement with capital and political influence to pander to.
Most bitcoiners have mentally checked out from the political system. This makes many of them single-issue voters.
You endorse Bitcoin = you get my vote.
Weāre a few steps away from a possible full send mode.
Why? Because when America goes all in, the rest follow.
The nation-state game theory is playing out in front of your eyes. šæ
TLDR: Orange man + orange coin = good
And this is what youāll be blessed with for the next 4 years:
āBitcoin has hit $1 million dollars today. One. Million. Dollars, folks. Unbelievable, right?! Weāre talking about wealth creation like youāve never seen before. This is what happens when you elect Donald J. Trump as your president. Iām making America rich again, believe me. But not the Democrats, no way. They hate Bitcoin. Theyāre having fun staying poor, folks. Isnāt that wonderful? We love seeing those nasty Democrats staying poor. They canāt get their grubby hands on your money when itās in Bitcoin. Bitcoin is soaring because of Trump. People are saying I sent Bitcoin to the moon. Some are even saying Iām more important to Bitcoin than Satoshi. How about that?ā
šAVOID THIS BITCOIN MISTAKEš
PLS STOP STORING YOUR BITCOIN ON PAPER/ONLINE.
I will die on this hill.
Why? Because securing your generational Bitcoin wealth on paper or online is dumb.
This is why I use Stamp Seed - a titanium seed storage solution.
100% offline cold storage =100% peace of mind
Heat-resistant up to 3,000ĀŗF, rust-proof, crush-proof, & time-proof
No loose pieces - no risk of losing crucial parts
Itās estimated that ~30% is lost forever. Poor seed phrase security is a big reason.
Be your own bank, anon. Get your Stamp Seed here.
PS: You get 15% off your purchase with the code āTherapy15' š
Thanks for the support! ā¤ļø
TOP 6 MOST SAVAGE BITCOIN MOMENTS
Have you ever been burned so bad you had to move to another town and start using your middle name? Well, these guys have.
Here are the top 6 most savage Bitcoin moments:
1/ Ben Carman schools a gold bug š„
"Self-custody is hard!!1"
Ben Carman: hold my beer šŗ
For the 9594th time self, custody is not hard; Foundation Devices make this easy-peasy lemon squeezy.
2/ Saifedean Ammous demolishes a Bitcoin hater š„
Saifedean Ammous, the author of the Bitcoin bible āThe Bitcoin Standard,ā is a man of many talents:
He writes amazing books
Counsels the heads of state on Bitcoin
Eats Bitcoin critics for breakfast
3/ Adam Back destroys Luna founder Do Kwon š„
Adam Back is a Bitcoin OG. He is one of the few people mentioned in the Bitcoin Whitepaper and directly spoke with Satoshi.
And Adam Back is a pretty laid-back dude, except when it comes to crypto scammers.
Here, Adam casually destroys Do Kwon, the creator of Luna āstablecoinā that imploded in May 2022:
4/ CryptoGraffiti pranks First Republic š„
Remeber when First Republic, a US bank, had a bank run?
Thatās when a bitcoin activist artist, ācryptograffitiā pulled this legendary move:
5/ McDonaldās roasts crypto bros š„
June 2022. Thereās been a massive price dump across the market.
āWAGMI!ā screams turn into sobbing. Crypto bros are at their lowest.
And thatās when the McDonaldās social media intern strikes:
6/āPretty sure weāre both centralizedā
This one is pretty self-explanatory.
Good job, blockchain(.)com intern. š¤š»
HEREāS WHY EVERY COMPANY SHOULD ADOPT BITCOIN
*sobbing quietly*
Oh, hey there. No, Iām not sad. These are tears of joy.
Weāre seeing corporate Bitcoin adoption happen right in front of our eyes. And you, dear reader, got yourself a front-row seat!
Letās take a look at 3 publicly listed companies that adopted bitcoin and where theyāre now:
1/ Semler Scientific
The healthcare company announced a $40M Bitcoin purchase on May 28th (this is a wild amount for a company that itself was worth $130M at the time)
Bought an additional $17M bitcoin + selling their own stock to buy more later
Semler Scientific stock is up ~76%. š«”
2/ DEFI Technologies
This Canadian web3 company bought 110 Bitcoin
The stock price went up ~100% š«”
3/ MetaPlanet
The small $15M Japanese company bought $6M Bitcoin and adopted Bitcoin as the main treasury asset
Today, the company has tripled in valuation and owns 141 BTC
Let me recap:
Semler Scientific = 70% š
DEFI Technologies = 100% š
Meta Planet = 400% š
And this, ladies and gentlemen, is whatās called āThe Bitcoin Effectā.
Companies are starting to realize that putting Bitcoin on their balance sheets is a massive cheat code.
PS: If you know a company that wants to buy Bitcoin in Europe, we at Relai Business can make it happen (I work there). š¤
THINGS I FOUND INTERESTING š
Mexicoās third richest man, Ricardo Salinas, doubles down on Bitcoin as a reserve asset. Ā”Vamos MĆ©xico!
European Union: āLightning Network might pose a problem for law enforcement investigationsā. Good.
Billionaire investor Bill Miller: Bitcoinās value is āmultiples above the current priceā
THIS WEEK IN A MEME š
FROM THE ARCHIVE š
āWikileaks has kicked the hornetās nest, and the swarm is headed toward usā
One of the last messages from Satoshi before he disappeared. š
PATIENT REVIEW š§
Thatās it for this oneābig thanks to Stamp Seed who allow us to write Bitcoin Therapy. You support us by supporting them ā¤ļø
This newsletter isn't free. The ONLY payment I want is for you to share this email with a bitcoiner.
It only takes 5 seconds, but it means the world to me. Thanks!
See you next Sunday,
Arsen
Reply