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Tesla Sells BTC As Singapore Plans Mass Adoption

Tesla Sells BTC As Singapore Plans Mass Adoption

Sats O'Clock
July 21, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's July 21, 2022.

Bitcoin is hovering around $23K at the time of writing.

Starting with the biggest news.

BREAKING: Tesla sold 75% of its #bitcoin holdings in Q2
— Bitcoin Magazine (@BitcoinMagazine)
8:09 PM • Jul 20, 2022

Elon explains that Tesla needed cash.

Elon Musk: The reason we sold #Bitcoin was to increase cash positions due to the uncertainty of the covid lockdowns in China
— Blockworks (@Blockworks_)
9:47 PM • Jul 20, 2022

Big point.

The fact that Bitcoin is still at 23k after months of miners selling, Tesla selling, the Macro disaster and of course all of the ongoing FUD, is nothing short of remarkable. Bullish AF.
— Bitcoin Lebowski (@DudeJLebowski)
11:31 PM • Jul 20, 2022

Another example of why Bitcoin is needed.

China deployed tanks to protect banks from protestors who have had accounts frozen.
👉#Bitcoin is freedom!
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
5:30 PM • Jul 20, 2022

Singapore is planning on embracing Bitcoin.

JUST IN: Singapore’s Central Bank will reveal plans for turning the country into a #bitcoin and crypto hub next month 🇸🇬
— Bitcoin Magazine (@BitcoinMagazine)
1:08 PM • Jul 20, 2022

Probabaly true.

plebs that stay humble and stack sats will outperform most fortune 500 companies over the next ten years
— ODELL (@ODELL)
10:32 PM • Jul 20, 2022

Something interesting to watch.

The best explaination of #bitcoin you will ever hear
— Documenting Bitcoin 📄 (@DocumentingBTC)
11:47 AM • Jul 20, 2022

If only more people understood.

"Financial freedom is American freedom and #Bitcoin is a derivative of that civil right." - US Congressman 🇺🇸
— Bitcoin Magazine (@BitcoinMagazine)
7:17 PM • Jul 20, 2022

Remember to stack sats!

Stack sats and buy #bitcoin, the only asset you can truly own.
— Gigi ⚡🧡 (@dergigi)
10:07 PM • Jul 20, 2022

If you missed it...

Preston with another informative podcast!

Lots of buzz recently about the FediMint custody protocol. Here’s my interview with @obi, one of the leading experts. We cover what it is, how it works, and why it’s important for #Bitcoin’s future growth. Definitely an interview you’ll want to check out.
— Preston Pysh (@PrestonPysh)
11:46 AM • Jul 20, 2022

A friendly reminder...

This analogy for #Bitcoin from Satoshi circa 2010 is still, in my opinion, one of the simplest & most profound...
(screenshot from @Lyn@LynAldenContactWhat is Money, Anyway") http
— Guy Swann ⚡️ (@TheGuySwann)
5:54 PM • Jul 19, 2022

MEME OF THE DAY

Saylor keeps stacking.

BREAKING: @saylor just commented on @elonmusk spending 75% of #TSLA's #bitcoin reserves to buy US Dollars
— Vandelay ₿TC Industries⚡ (@VandelayBTC)
8:42 PM • Jul 20, 2022

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