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Bitcoin Use In Turkey Grows Amid 80% Inflation

Bitcoin Use In Turkey Grows Amid 80% Inflation

Sats O'Clock
July 06, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's July 6, 2022.

Bitcoin is hovering around $20K at the time of writing.

Goldman Sachs continues to embrace Bitcoin.

💥 JUST IN: Goldman Sachs has executed the first #Bitcoin futures and options block trade in Asia.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
2:31 PM • Jul 5, 2022

A stark reminder from the man who told everyone to buy at $1.

Don’t gamble with #Bitcoin
Own it for life
No one who’s owned it for at least 4 yrs is in the red
This will continue forever.
Current prices are super attractive.
👍
— Holy Bitcoin Apostle 🇸🇻 (@maxkeiser)
9:42 PM • Jul 5, 2022

Bitcoin is money in cyberspace.

There is a way to store money in cyberspace. #Bitcoin
— Michael Saylor⚡️ (@saylor)
1:33 PM • Jul 5, 2022

People in Turkey are adopting Bitcoin as protection from their wild inflation.

JUST IN: Turkey's peer-to-peer #bitcoin trading volume is up 40% as inflation skyrockets to 78% 🇹🇷
— Bitcoin Magazine (@BitcoinMagazine)
1:29 PM • Jul 5, 2022

What are we not seeing?

The bond market sees a recession coming. The stock market sees a recession coming. The crude market sees a recession coming. The commodity market sees a recession coming. The housing market sees a recession coming.
Yet, strangely, the Fed still doesn't see a recession coming.
— James Lavish (@jameslavish)
4:00 PM • Jul 5, 2022

Nic Carter with some thoughts on the current crypto market.

Shared some thoughts on market conditions with @Steven_Ehrlich
forbes.com/sites/steveneh…
— nic carter (@nic__carter)
1:56 PM • Jun 30, 2022

Voyager has filed for bankruptcy, again a reminder to get your coins off exchanges.

Breaking! Holy shit!
Voyager just filed for bankruptcy!
#bitcoin#crypto
— Lark Davis (@TheCryptoLark)
5:19 AM • Jul 6, 2022

Never underestimate the power of dollar cost averaging.

Shitcoin apologists in disbelief.
— Gigi ⚡🧡 (@dergigi)
8:12 PM • Jul 5, 2022

If you missed it...

The email that started it all.

The email that started a revolution.
— Bitcoin Magazine (@BitcoinMagazine)
9:31 PM • Jul 4, 2022

TWEET OF THE DAY

Pure math and code.

There will never be more than 21 million #bitcoin
— Marathon Digital Holdings (@MarathonDH)
9:30 PM • Jul 5, 2022

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