FAR

TheMoonMoth

> Provable scare just like gold. What a load of shit. Proving the scarcity of gold is nearly impossible. Proving the gold bar you hold in your hand is actually gold is difficult. Verifying your Bitcoin takes 30 seconds. Proving the scarcity takes a bit more (set up node, verify with the consensus) but not much. Bitcoin's utility FAR exceeds golds.

crakked21

I think in general you should buy lumpsum. as it's been [proven](https://nakamotoportfolio.com/static/docs/DCA_Lumpsum.pdf) that it's FAR better than DCA'ing. To explain why, if bitcoin only goes up, and exponentially (as it has been for the past... ever), it's better to put your money early as to not miss any rise. DCA'ing means that you flatten the rise but you might miss it. Now this might mean if bitcoin crashes tomorrow and we enter a multi year bear market, which should happen either early next year or late this year, your money might be down but overall once it's back up and you're in the green, you're good. BUT if you feel like bitcoin might crash and you're nearing a top, it might make sense to DCA, so to "buy the dip" so to speak, and once starts going sideways for a while you can lump sum again before the next bull market. it depends on what you want, you can lump sum, or dca, or both. Why not 25k now and1k a week for the next 25 weeks as the top comment suggests? you can get exposure early, and still have enough to buy dips.

SpontaneousDream

Institutions hold for the very long term. If you're an instution and you believe BTC will eventually be worth $250k, $500k, $1 mil, etc....are you really going to care if your entry is at $100k versus $80k? Probably not. Hell, let's say they had an entry at $50k but decided against it. Now they buy at $100k. If they believe in a $500k BTC by...let's say 2030, that's a 5x gain versus a 10x gain. A big difference, sure, but a 5x in a mere 5 years is still *phenomenal* performance compared to any other asset class or index. Further, hindsight is 20/20. Months ago, no one really knew if BTC was actually going to have the strength to break what is essentially the largest price/psychological resistance in its history ($100K). You could argue that buying BTC here at $100k signifies that BTC is absolutely here to stay, and you could even argue that the risk/reward of buying at $100k is better than the risk/reward of buying back when it first hit $10k (it was FAR riskier back then). Hope this makes sense and refreshing to have a respectful conversation with someone for once on here.

TrickyStickySwirl

This is the dumbest take we hear all the time. So cool you looking for a nice 100x but guess what? You and every other degenerate gambler trying to hit that is FAR more likely to -95% than you are to 100x your money. Go try and report back. I’ll be here slowly getting rich.

SpontaneousDream

Lol no dude. The charts don't indicate otherwise, at all. What charts are you looking at? And I've been around since 2014. This is the weakest cycle for altcoins BY FAR.

kjccarp

It’s not magically easier to use in Asia. In fact - it’s more difficult to use in Thailand for example than the US. There are FAR more bitcoin ATMs in the US than in Bangkok. I can only think of a few.

Classic_Flower_735

There could be a theoretical law that totally works so long as what we believe is true is actually true. Its funny when I learned "electrical theory" it was all about things like "ohms LAW" so which is it? Theory or Law? Here is a "law" that some think should apply to Bitcoin its Metcalfe's LAW and in simple terms, it states that the value of a telecommunications network increases with the square of the number of connected users. This means that adding more users to a network leads to a non-linear increase in its overall value, significantly impacting the network's economic viability and growth. " Is Bitcoin "like" a telecommunications network? It absolutely IS information and IS a "network" and DOES have an adoption rate where as more "users" are "added" it DOES quite apparently lead to a "non linear increase in overall value" ....well IF this truly applies to Bitcoins adoption/value realationship (and my guess is so far so good) then according to fidelity using this "law"? It puts Bitcoin at a staggering ONE BILLION DOLLARS per by 2042 or earlier (if memory serves me) Now this may sound laughable given what the market cap would then be but a market cap is a WAY different thing than the literal amount of wealth ....all it is is a theoretical VALUE of an asset if the current trading VALUE of each unit is all added together....it NEVER means in the case of crypto that the unit value would remain static if a huge sell off takes place DUHH....that would only be the case for whatever fiat "value" is based at which ITSELF means nothing concrete unless that "value" is somehow tied to something else again! Who even can know what the "value" of a US dollar will be by 2042? For example Bitcoin is already at I think 33 million "dollars" each if priced in Zimbwe dollars meaning it only need go 30x to be worth 1 billion "dollars" for a single Bitcoin....its all relative never say never. But one thing seems certain....although more and more of us 8 billion human beings have adopted Bitcoin to become a "user" ? It is still a teensy tiny percentage overall but a percentage that HAS and still IS growing like CRAZY! And there is ONLY 23 million of the buggers? My guess is at some point people will stop buying and thinking of whole Bitcoin units and begin instead to buy and speak of SATOSHIs and THIS I think WILL happen when BTC makes it to one million dollars per btc which could happen very soon! People would love buying Satoshis at one penny each.....Even someone on a real budget might be able to buy 1000 Satoshi every payday! I mean THAT has a lovely ring to it! With a goal of a MILLION Satoshi! That would be $10k assuming btc is 1 million dollars each and THAT has a really nice ring to it and you can see how our minds could start thinking of Bitcoin SATOSHIs as a very cheap asset to buy and then if it went to 2 pennies each? still sounds entirely cheap but anyone with a whole bitcoin would suddenly own something worth TWO million dollars...and then? off to the races AGAIN like Bitcoin originally....yes FAR more "market cap" but perhaps thousand of times more "users"??

cannedshrimp

Centralized/decentralized are terms typically used in reference to consensus (e.g. hashing power in the case of Bitcoin). You are sharing statistics about the distribution of the asset, which is FAR less consequential.

SpontaneousDream

Long time Bitcoiner and shitcoin-shorter here. I have made good money shorting altcoin ratios against BTC. These days I *only* look for coins with proven revenue and baked in buybacks/burns into the protocol. I'm talking buybacks/burns that can *actually* cause HEAVY upwards price pressure. I mean like **actually powerful** bur/buyback mechanics, not the "omg we are on pace to burn 0.5% of supply per year if transactions 10x!!" that many ETH maxis spout. You need FAR stronger burn/buyback mechanics coupled with something that has actual PMF in order to outperform the hardest asset in human history. If a coin can't outperform BTC, I don't give a F. That said, take a look at HYPE/BTC. Look at the chart. HYPE is the **only** coin making ATHs against USD and BTC. Hyperliquid made the first on chain CLOB, ever. Essentially Binance on-chain, but better in every way. For those who don't know, no one has done this before, no one even attempted to do it, and imo, it is a "0 to 1" moment for trading infrastructure. Oh yea, and 54% (!!!!) of all fee revenue buys $HYPE on spot markets. Since early 2025 alone, the protocol has bought 5% (!!!!) of the total supply. Even if the amount of trading stayed at these levels, it would burn something like 14-18% of supply per year. You can do the math yourself.

Chambana_Raptor

It literally did you fucking dolt 😂 he listened to the courts and worked on bipartisan legislation with Congress. That's the government working as intended by the founders and the Constitution. Biden signed 162 EOs during his term (a lot). Trump signed 220 during his first and 143 SO FAR in his second (holy fuck).

procabiak

The 1 Bitcoin thing being 100m sats (before it was labelled sats) was Satoshi's idea, and he dressed it up with these decimals in such an unusual way, it was basically very scammy to people who could look under the hood. Many people have been calling out the falsity of Bitcoin decimal points (including me, once I learned more and thought more thoroughly about it). Especially with the milliBitcoin (mBtc) and microBitcoin (uBtc) bullshit. I was done with it and much preferred the bits proposal. In ordinary (fiat) accounting, you might have databases store currency data in cents and 100 makes a dollar. Hence a label like bits was formed, the functional equivalent of uBtc, but via a language measure that counted UPWARD from sats. 100 sats = 1 bit, 1 million bits = 1 Bitcoin. Perfectly acceptable proposal, even if rejected by the community over time. 1 Bitcoin = 100 million Bitcoins is NOT fine. It's like if those databases relabeling cents = dollar. 100 dollars = 1 dollar is fucking dumb. The language is broken. The dumb fucks who think redefining 1 Bitcoin = 100 million Bitcoins is FAR from its goal of clarity. It's insanity. This is not a mere stock split where one company controls how many units of their stocks they want. That is centralised, they can do whatever they want. Bitcoin is decentralised, we need to work with people who make different language choices and have that legacy language compatibility, just like no-one can relabel cents = dollars because the entire world using dollars is (somewhat effectively) decentralised. Bitcoin doesn't have a United States Federal Reserve, a central body, who can make that redefinition. Counting upwards from sats and labeling a Bitcoin = 100 million sats is the correct unit of account for legacy language compatibility reasons with people who want to stick with 1 Bitcoin = 8 decimal place units. Why do you think lukedashjr loves his tonal Bitcoin idea in his Bitcoin Knots, he loves counting in base 16, well let him because it doesn't conflict with the language of sats, bits, mBtc, uBtc, btc. Redefine sats to any other unit phrase you want, but don't choose Bitcoin or any of the existing units. It should be not only be rejected by the entire community, it should be condemned further than bits ever was. They're not attempting to work with anyone with this proposal and are pushing ahead. They just want this redefinition to create pure chaos. Pure chaos creates confusion. Confusion creates scams. Fuck this proposal. I reject chaos. Dorsey may as well redefine all rectangles a square while he's at it.

Onebadosteopathswag

that's so false. the money made off bitcoin is FAR MORE than that.

Shot-Many3672

I have .002. I'm not wealthy by any means, I mine about 50 cents worth of sats a day, and occasionally earn them through gaming offers. What I'm trying to say is this; any amount puts you far, FAR ahead of many others. I can't afford to spend what I have on crypto, but I can definitely earn what I can, while I can. Your efforts will pay off, as well. :)

Greenbacked

No, please don’t see it that way. I’m not saying real estate will outperform the broad market or BTC, but owning property is FAR from a “pure loss”. The local real estate market, how much you put down, interest rates, etc. will obviously all be impactful. And there’s the opportunity cost of the down payment you allocate. That said the only way you suffer a “pure loss” is if you get foreclosed on because you can’t make payments. I ran the numbers for the place I own (it’s been about 42 months). I’ve spent $152K all in including property taxes and maintenance/upgrades. Rent for my wife and I in a similar home would have run about $126K MINIMUM. The property value is up about 20% since I bought it. If I sold it today and deduct selling expenses, I’d still pocket $203K with a conservative sell price estimate. +51K profit is not a total loss. Even if it didn’t appreciate during that span, I’d have retained the value of the equity and lost only on the property taxes. Renting would have given me $0 back and only been cheaper by $26K over 42 months. You also pay $0 capital gains tax on the first $500K (married, $250K if single) on primary residence sales. My mortgage and property taxes are 16% cheaper monthly than rent would be. I can DCA with that capital each month. My initial down payment if thrown into S&P500 would be up about $44K (given time of purchase). I’m up more than that and also have been able to invest more monthly every month into BTC into a S&P500 ETF. TL;dr no investing in property is not a “total loss” and its absurd to view your financial picture in such an inaccurate that way

Defiant_disco_4062

I spent my initial stack of sats on gambling (after all, I said to myself, it's not really money 😂). To be fair, if someone had explained what it actually was to me back then, it probably would have sailed FAR above my head - I just wasn't equipped with the right bits of knowledge to have fully appreciated its significance back then. But now? All I do is stack 🫵🏾 Point is, I think ignorance up to a certain point is excusable. Past that point, whatever that point is, is just self sabotage.

Ok_General5141

I’m so glad I’m reading this because I can hopefully pass on some useful. When I was 21 I took a loan to invest in crude oil and gold, this was just after Covid, so it was all going up. My average unit price was very lower, giving me at the peak 60% returns in just over a year, so we bought more. However, as your buy more and ‘double down’ the average unit price increases very quickly, and best lesson of all. Prices DONT stay high all the time. We bought and held for over 2 years but our investment went from a combined 22k USD down to 9k USD … for a person in your specific situation of living at home and wanting to invest as much as they can at an early point in their lives, and just take the hit if it all goes tits up … you are taking away so many years of actual reliable a fruitful investment. Bitcoin is volatile for a reason, you shouldn’t invest more than 10% of your assets in it, because 10% means you’re happy to see it go to 0. If you starting taking out loans, and increasing your exposure, you will cause yourself FAR TOO MUCH STRESS, sleepless nights etc etc …. It’s not worth it. If you make that much per week my honest investing advice is just put it in the S&P or diversified global markets using Vanguard ETF’s or similar index fund, they return a much reliable rate of return and don’t rely on the hype that bitcoin offers. If you’re investing long term like you said you, you don’t need a loan. Just invest 75%, I.e. $450/ week (which is a very healthy amount) and you in 3 years, at approximate market ROI, you will $70k USD ….. that’s by far the best idea.

naminghell

so FAR

naminghell

So FAR

BitcoinBaller420

There is no second best store of value. It's not supposed to be "accurate", obv there is a second best. It's pointing out that the gap is so wide, it doesn't matter who it is. I'm using it here to say that investing in Nvidia, whose business is at risk of a chip breakthrough from a competitor, is FAR more risky than investing in bitcoin, a digital box that's already feature complete, with no serious competition, still looking at 100x returns in the next couple decades.

DefiantAbalone1

That platform doesn't enable herds of like minded to rwge-downvote people with unpopular opinions into oblivion so that few people will see it. With that being said, Peter is a smart guy. He does what he does cos he enjoys being the heel and loves the exposure. His bag of btc is FAR bigger than most of us will ever own.

jam-is-on2080

Let me interpret findings for you all, regardless of sampling issues: A SHIT TON OF AMERICANS ARE FAR TOO IMPRESSIONABLE

ApexMM

Yeah, I do and it's not close. Saying we have no facts on the case is a symptom of your non functioning brain. The guy had a capture warrant in Yemen and was linked to two terror attacks in the USA.  The president of the United States is using the power of the highest office in the United States to scam one of the most vulnerable groups in the United States. Let me just repeat that this is FAR worse than anything you brought up.  We are different, and that difference is that I have an IQ above 75.

Remarkable-Ride8820

On what basis? You can't just have a gut feeling about a given number. The math has to make sense. Even MSTR is only trading at a 2x premium, which is far, FAR below what xxi is at right now.

SenorElPresidente

It doesn't increase hardware requirements very much at all. State expiry keeps storage small Data sampling reduces required bandwidth And a bunch other I can't remember right now (4am here)  Also this 100X gas in 4 YEARS. Dankrad himself said yesterday I think "in 2 years most validators will not be executing blocks. They will be verifying proofs". Requiring FAR less power. Ethereum is a massive project building for the coming generations and executing incredible amount of cutting edge tech that sometimes is difficult to comprehend or put together. Many EIPs are there to allow other EIPs to work etc...

SpontaneousDream

Fair take. Once the economic numbers come out from these tariffs then the market will see just how much damage has been done. That'll take equities FAR lower, though tbh I think BTC will just continue ranging or slowly grind up. Big money is clearly seeing BTC as a safe haven.

SodanReddit

Hahaha yes exactly, the irony of exchangning their money to bitcoin is already difficult. My guess is it will be far FAR worse in ten years.

Hbrich3

BTC does not have a rational upper limit of value. Stocks do. In the future all excess fiat will eventually flow into BTC, and no longer stocks. (Already having companies worth over a trillion dollars doesn’t make rational sense). The years of 4x yearly are FAR from over

JerryLeeDog

No you can't because understanding Bitcoin is FAR more complex than any other asset on the market. You have to understand so much before you can even understand bitcoin. many people will never actually understand it, the will just end up using it like email, having no idea how it works. it just does and it'll be the norm so that will be that.

RonPaulWasR1ght

Don't waste your $ on ANY stupid books! Get it for free watching these people on YouTube. Trust me, if what they're babbling about could be condensed down and given to you in 30 minutes in a YouTube video, that is FAR BETTER than getting the long written version. Trust me on that. Watch the videos and you'll have gotten the gist.

MicroneedlingAlone2

Quite simply, if it were that cheap, someone would have already done it. You can establish a major short position and profit FAR more than $5b-$10b from demolishing Bitcoin. That means the people with $5b-$10b either know something more than you, or they are all altruistic angels (as billionaires have a reputation for being, am I right?)

zxsmart

Hey clownass, can you kindly return to whatever shit circus you crawled away from? Bukele has done FAR more to improve the lives of El Salvadorian people than you ever will for your country from working at your job at the Wendy's. So kindly stop posting nonsense on reddit and get back to making fries so you can make your rent payment this month.

7101334

Don't forget enabling Israel to continue enacting the modern-day holocaust. That is, by FAR, the worst thing he has done. (Biden also did it. Almost like both corporate-owned parties are fundamentally evil.)

BookLuvr7

I'm non partisan and ever since moving to a red state, I've seen FAR more hateful attitudes from the right than the left. The left care about taking care of the poor etc. The right only do that on Sundays if they claim to be Christian. Every other time it's "own the libs" while they celebrate cruelty.

FalconCrust

Not only should he be added to Mount Rushmore immediately, but it should be completely replaced by all Trump heads. Greatest American President EVER, and by FAR!

Mairon12

The US is (was) their largest customer BY FAR

Slayerofgrundles

Sure, but one side is FAR more corrupt than the other (as evidenced by how many of their politicians have been convicted of financial crimes (and lots of other crimes, too)).

Thawayshegoes

This could be the crash SO FAR…

pigeonwiggle

there's no way Vance wins. people voted out Trump after a first term because they figured we couldn't stomach the dude any longer - but then the last few years had been mediocre so people didn't bother coming out to vote and trump slides in by a hair. for Vance to win next election, the next 3 years have to go FAR FAR better than the last 3 months have - because if the past 3 months have been any indication -- FUCK.

1infinite_half

Bro, cmon. Ain’t like I’m saying it like that, but if you are a profitable trader, you can respect the significance of a 20-month-old line on the weekly. Especially in the face of the March low (lower and also on trend), the March low for the S&P (higher than current price), the current global economic uncertainty, and the economic issues that Bitcoin specifically addresses; and that’s not even taking into account the actual numbers on ETF inflows, institutional buying, supply on exchange or any real math. If you’re a profitable trader, you understand what I’m talking about right now with the convergence of such factors creating a clear picture. Now interesting you bring up difficulty. Trading is a mental game, a psychological one; would you say it’s easier or more difficult for me to stand in the face of a sea of people like yourself and tell you confidently you are wrong, and not only say it, but put my money where my mouth is? Because my money is there, my friend, $1000 on 20x long at $80800 and we been chilling like that for a week sooooo… come with it brother, ain’t gonna shake me, I know what im taking about and it was FAR from easy getting here lmao

FTFOatl

If he did that long enough time ago, the gains FAR outweigh the penalty. Takes some faith... Saylor Jr over here.

ImNotFromTheInternet

No, but if you think it’s that bad why are you holding?  If you think we are so close to a WW why hold crypto?   Regardless of profit / loss there are other things FAR more value than internet money. 

Lexsteel11

It’s up 1% SO FAR

JerryLeeDog

Printing an equivalent to the production would keep prices exactly the same, true. That could work if the trust existed and the actual outcome if equal. But we know that is a pipedream. We print FAR more than we produce, so we lose price signal function too which basically distorts the entire language of money. There are other ideological reasons why having people spend/debase other people's money without a feedback loop that effects the ones making the moves will never work long term. This gets into the 4 quadrants of how money is spend. 1. You spend our own = total feedback loop and the understanding of value is met 2. Someone spends their own = Same as above 3. You spend someone else's = You care less because it does not affect you Someone else spends yours = Same as above only on the biggest scale imaginable. A failure waiting to happen/

thisf001

Got out of the coin with a small amount of returns after the recent pump a few days ago. After holding for over 4 years with little to no consistent price action and all the news coming out, it was a good time to walk away. PLEASE STAY FAR AWAY FROM CRYPTO.COM

breakboyzz

What’s the difference between that and a dog meme coin? Or your coin of choice? The creators/devs can easily say that anyone with a brain should’ve known that their coin was just a project that may never amount to anything. For example, do you remember EOS? They took 4 billion and RAN FAR AWAY. Now look where EOS is now… it was an outright scam. A cash grab. What makes your coin any different? I guarantee you would feel some type of way if you got rugged.

caploves1019

I typically agree with your comments but not in this case. In areas where natural gas is prevalent, heating is a non-issue financially. However, EVERY apartment that uses space heaters or baseboard heating is FAR less efficient than even a handful of customized s9s at this point let alone something even more efficient like an s19, s21, or smaller sizes like the heat it or a diy hobby implementation. It's night and day between electric heating (1500watts of electricity being constricted in a coil to generate enough heat to keep your legs warm in an office setting) vs nat gas heating. For sure! But if nat gas isn't an option, Bitcoin is absolutely the solution in the vast majority of cases to heat your office at LESS of a loss than simply plugging in space heaters or baseboard heating elements. Also less of a fire hazard AND with modifications can be just as quiet with the bonus if kyc-free Bitcoin into your wallet. TLDR: More home mining is good. Kyc-free sats are delicious. Securing the Bitcoin network instead of wasting electricity heating to heat a small room is objectively superior.

HSpider8

Terrible way? 13 died? Do you have any, and i mean ANY, understanding on how fucking hard it is to pull back from battle in good order? I venture to bet my whole fucking savings any other country would have had more chaos and casualties. Far, FAR more. Imagine 20 million people pressing on all sides on your 500-1000 last soldiers and no one can be left back. No nation but USA has that kind of expertise

PittFanIAm

Pot meet kettle! You’re trying to argue that Canada and Mexico don’t rely on The US far, Far, FAR more than the US relies on them. Yeah, I’m the one with no understanding! 🙄

Frost134

Do you understand how much more expensive it is to transport things overseas vs countries you share a land border with? There is a reason most companies do business with MX and CA for these things. And at least for things like potash, no we cannot just trade with other countries. Canada supplies BY FAR the most potash on the planet. And this is just scratching the surface. You’re talking very confidently about things you don’t even have a ground level understanding of.

pigeonwiggle

as always: 1. do not buy what you can't afford to lose. the economy is likely to be in the toilet for the short future - how short, we don't know. but the guy's in office for 4 years, and he doesn't seem to want it to be a peaceful 4; he's rattling Everyone's cages and getting everyone pissed off right away. we can hope things settle by next winter, but this spring/summer will see FAR more protesting once people can tolerate the weather. further, earnings reports for Q1 and Q2 are likely to be abysmal, and it's difficult not to expect the market to tank. 2025 is kind of a write-off. liquify what you can and be prepared to buy back in (again only what you can afford to lose, because there are no promises in this game) 2. with recession on the horizon to rescue us from the past few years of "stagflation" there's not a lot of optimism right now. again, be prepared to buy, or if you have a secure source of income (what's That even mean these days?) you can buy in with steady monthly contributions and hope. 3. 2026 may be better. 2028 better still -- with a new election on the horizon that year, coupled with another bitcoin halving, we should be seeing some exciting action in crypto provided the events of the next few years don't scare away "the big dogs"

officeDrone87

But don't other block chains do that FAR more energy efficiently?

HODL_monk

I assure you FAR more 'gold atm machines' (pawn shops) have been broken into than Bitcoin machines...

gonzaloetjo

>In what universe does that have anything to do with this topic? In the universe where **Anatoly**, Solana founder, and many others mentioned. If a State can buy a big majority of your tokens, it can become an issue. > Cardano has on-chain governance Did you read my comment at all? I gave Polakdot as an example, which has the most advanced on-chain governance (Cardano people participate there too, and have taken some things about it, as they think it was cool). And polkadot themselves says why this is an issue. This is even more an issue, as like I said, a single state, meaning, their president, can decide what is done. Polkadot people have said that until personhood is available and running, it's dangerous. >  Ethereum is basically ruled buy a group of (hopefully belevolent) Dev emperors. A powerful state knows exactly who to influence. And yet the foundation has MULTIPLE teams developing. I follow many ecosystems I like, and many don't have this. Ethereum development is FAR from optimal, but they do have many teams developing the protocol. This is NOT the case with Cardano, or most other chains. Cardano is trying to tackle it, but it's not the case as of right now. > Right, I never said it did, again what would that have to do with this topic? You haven't really provided an argument so I assumed it was that.

Willoni_23

November? 😬 I'm so sorry but have you moved to stable or cash? If not it ain't over! I'll keep it short but I'm a.chroic round tripper. Was not going to do it this cycle, and in Dec/January I more than a few times almost moved to stable but didn't. I've been sick over it but not defeated.... You only really lose if you sell. Maybe consider swapping into different coins with more upside potential. Good luck to you and don't give up. It can always be FAR WORSE.🙏🙏

Jacmac_

I asked Claude about the CFTC classification and it doesn't really change anything. Under existing laws, the U.S. government faces significant constraints on investing in cryptocurrencies as speculative investments. There's no blanket prohibition, but several legal and procedural barriers exist: 1. **Appropriations Law**: Federal agencies can only spend funds as authorized by Congress. Current appropriations typically don't include authority to purchase speculative cryptocurrency investments. 2. **Federal Investment Authority**: The Treasury Department has strict guidelines about federal investments, generally limiting them to Treasury securities and other highly conservative instruments. Speculative investments fall outside these parameters. 3. **Agency-Specific Statutes**: Each federal agency operates under specific statutory authority that defines its permissible activities. Most agencies lack explicit authority to make speculative investments in cryptocurrency markets. 4. **Federal Acquisition Regulation (FAR)**: Government purchases must comply with the FAR, which requires competitive procedures and justifications that would be difficult to satisfy for cryptocurrency speculation. For the government to engage in cryptocurrency speculation, Congress would likely need to: * Pass specific legislation authorizing such investments * Appropriate funds for this purpose * Establish oversight mechanisms and risk management procedures * Potentially amend existing Treasury regulations Some limited exceptions might exist where agencies could acquire cryptocurrencies for operational purposes (like law enforcement operations) or through asset forfeitures, but these are different from market speculation. Also, certain independent government entities with greater financial autonomy (like some sovereign wealth funds) might have more flexibility, though they would still require specific authorization. The government does already hold some Bitcoin and other cryptocurrencies that were seized through law enforcement actions, but these are typically liquidated rather than held as investments.

masixx

Only one big exchange went bankrupt… SO FAR…

flarept1

War end, QE, rate cuts, us gov buying coins, tarifs over. Its all so close. Yet SO FAR AWAY. 😣😭

False-Amphibian786

He has made $7.2 Billion ON PAPPER thru his $TRUMP coins. Of course he will get less as price crashes as he sells -but does not matter. Trump has proven he will sell out his morality for FAR less then a few Billion. So - exactly as stated above. Trump supports crypto because more people in crypto makes Trump richer.

Tigerousity

down 40% SO FAR, only up from here i guess

Background_Home7092

Lark Davis's newsletter today raised a really good point: >This is the total stablecoin market cap. Tether, USDC, DAI, all of it. We hit an ATH of $226B, on Feb. 21st. And where are we now, after this major market correction? $224B. Yes, you read that correctly. We had this big downwards move, and only $2B in stables were redeemed for fiat. That’s nothing. Less than 1% of stablecoins were cashed out in this correction, so people are sitting on the sidelines ready to jump back in once we find support. This run is FAR from over.

IncompetentDonuts

85k SO FAR

ButtStuffingt0n

No, it's not. It's QAnon for crypto bros. Market manipulation does happen! But it's FAR more crude and infrequent than bag holders make it out to be.

Vivid_Ad_7348

I agree 3 is a few, but in crypto space it happened ALL 3 times so far, so it happened 100% of time… you are implying that sometimes (WHICH SO FAR HAPPENED ALWAYS) will not happen for the FIRST TIME in CRYPTO HISTORY. I am not saying its not possible, but you cannot say that it happened “few” times meanwhile it happened every cycle so far…but yes this one might be different sure

crypman

as someone that was buying eth at $9 and has used many different l1s over the years, solana is BY FAR the best user experience in crypto. there's a reason all volume and liquidity has been sucked into the solana ecosystem and it isn't because people decided to sit around and "lie their pants" off about it.

Intelligent-Ad-7908

The only way a stock "climbs in price" is if there are more buyers than sellers in the market.. you see all the time when a company beats on earnings a selloff happens, this just happened to Coinbase.. it can be a "sell the news" event.. fundamentally the only thing that dictates price in a market is buyers and sellers. By the way, there are absolutely ways to "measure" Bitcoin's value.. you can look at the cost to mine, the number of active wallets, the amount of value settled on-chain in a given time period, etc etc.. It's clear reading your post that you don't understand the value proposition of Bitcoin, which is fine but maybe you shouldn't opine on it without a clear understanding. Bitcoin is BY FAR the most secure, most decentralized, most censorship resistant blockchain in existence. These properties, along with its deep global liquidity, its digital nature (opposed to gold), its "brand" recognition and its superior network effects make it an ideal money and also collateral. The collateral aspect of Bitcoin is what we are beginning to see companies gravitate towards with Saylor being the first among several now.. in 10 years you will see Bitcoin on most company balance sheets, albeit in small percentages when compared to Saylor

Btcyoda

"Especially when so many people and financial "experts" are very bullish about it." Makes me wonder in what environment you act or what many means to you 😁 We are seeing some new ripples on the water, with the current US government being vocal about CC, and some new inflows with ETF's etc. But still most people, by FAR, have no exposure to Bitcoin nor have a clue what it is, and also doesn't understand the basics of money and still believes governments act in their interests........ That doesn't mean it can't change fast. If the US does start hording Bitcoin as strategic reserve, it will be a wakeup call for both the value of Bitcoin and the fact the dollar is doomed as reserve currency. At that moment it won't matter what retail will think or do, Governments and other big parties will act and probably leave any serious Bitcoin holdings for retail only a vague dream (for those who don't have any). Even at this price of ~ $100k a whole Bitcoin is not possible for most people.

Eu-is-socialist

>**Anarchism** is a [political philosophy](https://en.wikipedia.org/wiki/Political_philosophy) and [movement](https://en.wikipedia.org/wiki/Political_movement) that seeks to abolish all institutions that perpetuate [authority](https://en.wikipedia.org/wiki/Authority), coercion, or [hierarchy](https://en.wikipedia.org/wiki/Social_hierarchy), primarily targeting the [state](https://en.wikipedia.org/wiki/State_(polity)) and [capitalism](https://en.wikipedia.org/wiki/Capitalism). EXCELLENT ... so ... how is that LEFT ? Genuinely curios how can someone see opposition to AUTHORITY ... ON the left ? Are you trying to say that, I don't know , North Korea is on the Right ? Or USSR was on the right ? Are we suppose to believe Kim Jong Un is a "FAR RIGHTER " ? Or Ceausescu ... or all the OTHER SOCIALIST LEADERS were somehow on the RIGHT ?

slugur

I preach self custody to new comers but at the same time I also understand that self custody is not for everyone. My 77 year old aunt is FAR more likely to lose her seed phrase or get scammed than Blackrock pulling rug on her.

shortda59

Ethereum in it's shitty initial development saw they had scaling issues, and decided to implement the L2 band-aide idea. It's sad that every subsequent chain which is FAR more superior in tx speed, throughput, transaction finality, scaling, and security... are pigeon-holdened to maintain a tethered connection to that dino chain for compatibility via EVM stacks. Eth is absolutely trash in every sense, but it's brand is way too loud to ignore and move away from. So sadly we are all here.

JerriBlankStare

>If it turns out something was really that necessary you simply add it back. 😆😆😆 Spoken like someone who is ***SO FAR*** out of their depth. You're an idiot.

NoisePollutioner

Truly one of the dumbest comments I've ever read on Reddit. Astonishingly stupid. Well done, my friend. Poor loser Bill Gates is "only" worth $107 billion now. I'm sure he views failure to trillion-ize as FAR more painful than losing his entire fortune through non-diversification. Yes, Gates is a total fool! /s

jlwapple

I dumped my AAVE @ $270 & bought back in @ $240, so I made out pretty good. SO FAR

bathgate5

Correction your down 4500 SO FAR

DiedOnTitan

There are a million coins. But they are not hard money. Research the concept of “settlement assurance”. I will break it down. This is the amount of energy over a given period of time required to undo a transaction and double spend. If you look at all of the Proof of Work blockchains, Bitcoin has by far the fastest and most secure level of settlement assurance. It’s not even close. When a transaction for a billion dollars worth of coin is done, the parties involved need assurance that this transaction cannot be reversed. Bitcoin offers this assurance far FAR beyond the next coin. This makes Bitcoin the hardest money.

PortlandoCalrissian

There’s a deep fake of him talking about it to that is FAR too realistic.

txmgxnn

Hey so I'm thinking of starting personal discord on my page with a lot of friends and crypto fanatics I've met in person I'm seriously going to keep it to a small known group and not hand it out to a ton of people who I don't know but it's going to be chatting and convo on our own investments and what we think just a discussion forum if you will with authentic people . Your post has got me in my feels as to how real and similar of my run at the market has been this 6 months . It's finally a time in my life I refused to not understand and I'm getting it finally . So from this point on I think I should be consulted, consuming advice , researching everything , recording , and surround myself with the people I want to allocate my knows and my question with . I'm gonna DM you a few contact places if your into that add me or HMU and when I create the group for the new year we can all get to finish this bull run together jank around the bear market and become well versed and diverse become great friends and partners in an attempt to become as prepared as possible! And in 5 years time out group will enter the bull run of 2030 with an absolute abundance of quality info and insight and be able to baby some underlings as lost as us and actually be able to make some saucy moves . IVE COME AS FAR AS A NAME AND A SLOGAN Ive lost I've gained I've been invited I've paid I've entered I've stayed I've cursed I've prayed Hold it sold it Promise nothing But the name FRIENDS AND ALLOCATED A GROUP OF FUN IDIOTS WERE NOT BOTS WERE NOT FINANCIAL ADVISORS ADVICE WONT COST YOU MILLIONS CASTED INTO THE DEEP THE COLD PLUNGE TO SEA INVEST WHAT WE KNOW WE BELEIVE IN A REASON TO SHOW YOU DUE DILLIGENCE COINS TOKENS AND NFTS WE ARE THE CRYPTO-APHILIATES

ka1ri

insider trading has jailed people with FAR more influence than hawk tuah ever did. I wouldn't be remotely shocked if she does jailtime for this. The internet will see to that.

masahirox

Let noobs panic sell. BYE. Trump won. 🔒 Bull run is FAR from over.

Upset-Flower-148

I agree you should stay FAR AWAY from microstrategy but any crash of Bitcoin will quickly recover because it has a VERY passionate fan base who believe in the white papers of bitcoin

Orange_Snoopy

The word "incel" is just meaningless at this point.  No one even knows that its original meaning is FAR from what people use the word for today.

ObjectivistAlpha

500% SO FAR. I haven't sold yet, and I've been holding less than two years. I plan to sell at or above $140,000 per coin, in summer of 2025, so 800% gains in 30 months. That's pretty good by anyone's math.

Elean0rZ

Yes, they're a step closer to something that's still a ways away. More generally, though, crypto is FAR from the only thing that relies on cryptography. The field of cryptography is itself advancing. It's not just sitting there waiting helplessly for Google to crack it, and there are MANY vested interests, including Google itself, in having cryptography continue to work. Crypto would be the least of the world's problems if cryptography were *actually* broken.

pamonteiro1

Yes, he did! The money supply has increased and will keep increasing. Can be at a faster or slower pace. However, it's more than guaranteed it will increase! Hence, OP enlightening his/her parents to buy BTC is by FAR better than any low risk investment such as: "savings" acc, US bonds, gold, etc.

radiocrime

That’s defeats the purpose of hodling bitcoin… Besides, Bitcoin is the FAR superior asset. It is the apex predator digital property of the future. Fuck gold! (In my humble opinion…)

JoeDerp77

That's not a use case though, its FAR too volatile to be called a "store of value". If I put my life savings in it today, you can GUARANTEE me it won't lose me money in 6 months? 12 months? No you cannot. It's a slot machine with no purpose, just admit it

zxsmart

> Did I strike a nerve or something? Yes. I despise people who make the ignorant and unsupported claim that spending causes or increases value of a currency. >A currency is a medium of exchange for goods and services That is an INCOMPLETE childlike surface level definition of currency. It is VERY clear to me that you have spent ZERO time or effort actually thinking about what money is and why it is valuable. >Also, I actually have a background in economics. You, on the other hand, don’t even know the definition of currency. I am 100% certain I have studied monetary economics FAR more than you. If you think you know the definition of a currency, your definition is wrong. I do not mean wrong as in a mere semantic distinction, as that is meaningless. I mean wrong as in does not align with reality. You don't need a dictionary, you need real world observations. But you're a smug and stupid clown, so go back to your spending-causes-value circus where you belong.

Academic-Wolf1277

"everyone gets bitcoin at the price they deserve it". That version of you didn't deserve the (free) wealth—that version of you was speculating without conviction. If you've done your 200-1000 hours of studying BTC now, then *now* is when you deserve it—and whatever you buy now (presuming you now understand what BTC is), you will deserve, and with proper conviction, which is FAR more rewarding than a free ride. That you would likely have cashed out and indeed bought a Lambo, which would have taught you nothing that BTC will now have taught you—namely, to preserve your labor (not your free-ride price appreciation) in the very best way possible.

DebianDog

IMO you have FAR too much in crypto. Your 401K should be more like 50%-85%. I guess the general belief is all these companies are going to sit on their crypto although historically, it's the first thing they dump

LetsGoPanthers29

Exactly! I had to scroll FAR to see this.

Head_Comment5323

Xrp is FAR from even getting started lol

CrazyAppel

Binance is an exchange not a custodian service and the custody part is done by a "third party" (haha) called Ceffu. You can dwelve very deep into this topic, but the guy you are replying to is right, not your keys not your crypto. Binance can literally rug everything and they'd only be prosecuted in EU, NA and various other countries, but I can bet that they would never get prosecuted for a rug in Hong Kong. The only reason they put up with the law is to expand and grow, they are FAR from obliged to keep your funds SAFU. Your mentality is a bubble

NFLisriggged

You probably mean that as an insult. I can absolutely understand why people don’t like Trump. But I cannot understand how anyone with moderate intelligence or above would not see that he gives us BY FAR the best chance of setting up the country for long term economic success. And to your point, you are likely correct that we will have a recession during his term. Unfortunately this is what we need. The dollar has to reset. The debt needs reigning in. We need to gut the house. And unfortunately when you are gutting a house you have to live in a hotel for awhile. Trump doesn’t need get re-elected and he has the house and senate. Probably the greatest opportunity in my lifetime to do what needs to be done.

swiftpwns

Hyperbitcoinization means something entirely else. Hyperbitcoinization is when over 90% of your daily transactions are in bitcoin lightning instead of fiat. We are FAR from that. People forget that ETF holders are retail. Just richer retail.

l__iva__l

well, you need to know SO FAR most of crypto space follow a 4 year cycle, meaning it peaks every 4 years aprox (bull runs start around bitcoin halving), so you need to invest according to that personally i have most of my money with btc,eth,sol and i staked last 2 , but i also have xrp,xlm,dogecoin,icp every cycle, depending where you buy and sell, you can get x6 or x10 without leverage (thats my experience anyway), you may want to invest for 8 or 12 years, and thats okay, just know its risky, even more than a stock..... except for eth,sol maybe btc (and maybe others i dont know), most of crypto is just pure speculation

DingDongWhoDis

ALGO is far better than ADA with far, FAR greater upside. Considerably smaller MC with much better tech performance and tokenomics.

braeunik

i am not angry, I am just stating that you are wrong (if we assume this cycle is anything like the past three cycles). Between January and October we had one single climb and otherwise only sideways action, that is NOT a bullrun. If you havent been invested in a bullrun before, you will soon realize what a bullrun looks like. You have several phases with pretty much 6-8 super green weekly candles in a row, followed by small corrections. BTC Dominance goes up (we are here) -> Then ETH usually pumps -> Bitcoin has its second big run -> altcoins pump, people get greedy and the market crashes. We are still far from the last point. At the end of last bullruns there were female instagram influencers meeting with their friends for coffe to talk about bitcoin. We are FAR away from that sentiment.

Conscious-Bag-5134

I thought long and hard about the KYC and Chainalysis reality of Bitcoin. I found out that having Bitcoin decentralized, hard-capped, censor-ship resistant and borderless (which it is, only the onramps aren't) is the goal, having the government and people in power to use bitcoin as it is now is net positive. The bitcoin standard is FAR better than the current shit standard. Its not perfect but don't let perfect be the enemy of the good.

grndslm

The U.S. Dollar is \*NOT\* backed by gold. In fact, there really isn't a "USD" anymore; what's in your wallet is a "FRN" -- Federal Reserve Note. Notes are debt instruments, or liabilities on the books of the Federal Reserve, and they cannot be used to extinguish debts... only to offset the debts. Bitcoin, OTOH, is a bearer asset. You actually own it. It has intrinsic value, because it is the unit of account for the only monetary network that is designed entirely around the idea of Trust Minimization (no middle man can stop, censor, or steal your money). This form of money is even better than the only true form of money (a bearer instrument that is also a store of value) that we've ever known -- gold. Bitcoin is instantly verifiable (whereas gold needs an x-ray machine to truly verify if you don't want to cut it open), it's far more divisible, it's more portable, it's faster to move, it's more secure, and its mathematically certain what the finite supply limit and rate of issuance are. How can anyone NOT trust Bitcoin if they actually understand what Trust Minimization actually means? The entire concept is to "remove humans from money". Humans are always the weak leak, so they don't have the ability to vote or even make decisions. On a related note, even the Bible warns about "just weights & measures", and FRNs are a tool that the Devil would use to trap humans into enslavement, needing to lie, rob, kill, and steal from others. There is NOTHING more honest than Bitcoin, except for maybe God Himself. And sure.... Bitcoin has the "risk to crash", because it's bought and sold in a \*free\* market. It is not propping up corporate welfare recipients with an inflationary tax on its users. It's all signal and zero noise. Volatility is life, and volatility to the upside is FAR more representative of MONEY than a debt-based currency that is designed to lose purchasing power every single year. Think about the scam that is FRNs... a $100 bill weighs the SAME as a $1 bill. Why is it worth 100x more? Is this really "money"? How can it be money if the same $100 bill can only buy half as much goods as it could 5 to 10 years ago?!? Store your time and energy in a money, NOT a currency.

Astrochimp46

Wow. You really sound like you know what you’re talking about. Thank you for the eye opener! I will stay FAR away from all crypto now. /s

AllCapNoBrake

Getting above 0 right now is FAR better than a gross majority of this planet. I really wish the BTC CEO and CMO would allocate more funds towards marketing fractional buys of BTC cheaply via Strike App (KYC) and their upside potentials. I started this little experiment 207 days ago where I buy $1 worth of BTC each day and I'm up 35% (+/-3%). I wanted to create a historical record for my future self and to show others whether or not "stacking sats" amounted to anything. As of right now, that particular wallet has $207 invested into it or 315,538 Sats.