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BitFinex Investing in El Salvador

BitFinex Investing in El Salvador

Sats O'Clock
May 25, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's May 25, 2022.

Bitcoin is back above $30K.

As stated in previous letters, institutions and retail investors are buying the dip. Are you?

More than 12 Million BTC have not moved in the last year. To put this in perspective, only 19 Million BTC have been mined so far. A majority of people are choosing to HODL.

More than 12 million bitcoin have not been moved in the last 12 months.
Bitcoin's circulating supply has never been more illiquid than right now.
(h/t @DylanLeClair_)
— Pomp 🌪 (@APompliano)
4:14 PM • May 24, 2022

Dylan Leclair wrote a great piece on Bitcoin Miners.

In today’s issue of Bitcoin Magazine Pro, we analyzed publicly traded #bitcoin miners, and what drives relative performance against $BTC.
If you have any interest/exposure in mining equities, make sure to check it out!
— Dylan LeClair 🟠 (@DylanLeClair_)
8:14 PM • May 24, 2022

Michael Saylor came on Natalie Brunell's show and asked "What is better than a Bitcoin?"

My talk with @saylor about the market selloff and #Bitcoin crossed 100k views on YouTube! Thank you all for watching and sharing. I always learn so much from him.
If you missed, here’s the video:
youtu.be/YqsUgTKi29U
& audio:
podcasts.apple.com/us/podcast/coi…
— Natalie Brunell (@natbrunell)
4:05 PM • May 23, 2022

Bitfinex is making an investment in El Salvador. This goes to show the opportunity and game theory of nations embracing Bitcoin.

Bitcoin Capitalists @maxkeiser and @stacyherbert welcome @bitfinex
— BitcoinNews.com ⚡ (@BitcoinNewsCom)
11:47 AM • May 24, 2022

Here is an interesting piece by the Bank of International Settlement (BIS) on Bitcoin.

Very interesting piece here from @RaphAuer and colleagues at the BIS. Lots of great data presented
— nic carter (@nic__carter)
5:48 PM • May 19, 2022

In the last 24 hours, ~$50M worth of Bitcoin has been liquidated.

If you missed it...

Max Keiser speaking on Bitcoin in 2011....

"This is the biggest story of this decade." @maxkeiser on #Bitcoin, 2011.
— Bitcoin Magazine (@BitcoinMagazine)
12:03 PM • Aug 30, 2021

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