@ Felipe

🧠Quote(s) of the week:

“National debt is immoral and destructive, silently undermining the basis of the state; it delivers the present generation to the execration of posterity.” - Napoleon

🧡Bitcoin news🧡

I was a bit under the weather the last couple of days so it took me a longer to write the Weekly Recap, anyway...here we go:

On the 11th of March:

➡️European Union claims President Trump's support for crypto could harm Europe's "monetary sovereignty and financial stability." The EU could be educating European people on Bitcoin, they could adapt sound money early, join the Bitcoin race early, and make the lives of all Europeans better. Instead, they choose to lie and make all Europeans miss the boat. I have no words for this. Freaking dinosaurs!

President Trump's support for Bitcoin threatens their "monetary sovereignty and financial stability" -> translation: people might choose freedom over their broken monetary system.

Remember Christine Lagarde’s famous quote on Bitcoin: “There has to be regulation. This has to be applied and agreed upon … at a global level because if there is an escape, that escape will be used.”

It’s a revealing statement, highlighting how Bitcoin offers an “escape route” from traditional financial systems—a route that could unlock greater decentralization and freedom.

➡️Wicked: Bitcoin's 4-Year CAGR has dropped below 10% for the first time ever.

➡️Texas introduces HB 4258, aiming to allocate up to $250M of state funds to Bitcoin and digital assets, and allowing local governments to invest up to $10M.

➡️Bitwise has launched a "Bitcoin Standard Corporations ETF" that includes +70 companies holding Bitcoin as a treasury reserve asset.

➡️Tether CEO Paolo Ardoino: The US Strategic Bitcoin Reserve announcement is a “holy sh*t” moment for the rest of the world, realizing they’re late and don’t have enough Bitcoin.

On the 12th of March:

➡️US Government should issue $2 TRILLION of Bitcoin-backed Bonds to buy $200B of Bitcoin - Newmarket Capital CEO Bit Bonds in a nutshell: - 90% goes to government funding, 10% to buying bitcoin - 1% interest annually for 10 years - 100% of BTC upside paid up to 4.5% compounded annual return - Remaining BTC upside split 50/50 with the government

➡️The Kingdom of Bhutan builds a gorgeous airport thanks to Bitcoin mining profits using hydro-electricity.

➡️Deutsche Bank says a US strategic Bitcoin reserve "could set international standards.

➡️Bitcoin dropped 72% in 2018 ($3,740.50 bottom) due to the USA - China trade war and 2.9% inflation...

➡️Rumble just bought another $27m Bitcoin.

On the 13th of March:

➡️'FIVE years ago today, Bitcoin crashed more than 50% in ONE day, from $7,900 to $3,800 in hours. We're up 21X ever since. Zoom out, DCA Bitcoin, and enjoy the ride. We are just getting started.' - CarlBMenger

➡️78% of all ETH/BTC trading days are now in the red... REKT.

➡️While Retail Paper Hands are selling their precious coins, whales bought them. Over 65K Bitcoin net-accumulated in the past 30 Days, excluding Miners and Exchanges.

➡️New peer-reviewed research study finds Bitcoin mining has the potential to significantly enhance the sustainability of the energy supply chain by using wasted resources and creating new business opportunities that align economic incentives with sustainability goals.

It's one of 15 pieces of peer-reviewed research showing Bitcoin has significant environmental benefits.

You can find the full list here: https://x.com/DSBatten/status/1899951222779789420

➡️The Bitcoin Act to buy 1 MILLION Bitcoin is under consideration by Congress.

➡️Bitcoin ETF inflows have fallen to $35B from a $40B peak, yet with $115B in AUM, over 95% of capital is holding firm despite a 25% price drop.

➡️Construction of the Vega 205 megawatt Bitcoin mine in Texas is nearing completion. Hut 8 is installing dry coolers for the direct-to-chip liquid cooling system while finishing up the side panels, insulation, and roof.

➡️Fast food giant Steak 'n Shake posted this picture of a Bitcoin spaceship.

➡️Altcoin holders are deep in the red, with some tokens nearing 100% at a loss. I am not surprised, the house (shitcoin casinos) always wins. https://i.ibb.co/G44T01Yy/Gl-ubpfb-YAAfa-S9.jpg

On the 14th of March:

➡️Russia is using Bitcoin and Tether to pay for oil trades with China and India - Reuters

➡️Kentucky Senate passes bill that will protect Bitcoin self-custody rights with 0 votes against it. The bill now heads to the Governor's desk.

➡️Brazil bill seeks to legalize the use of Bitcoin to pay salaries and benefits.

On the 15th of March:

➡️'Senator Lummis's proposed BITCOIN Act lays out how America would revalue its gold certificates to buy 1 million Bitcoin over 5 years.

1.Within 180 days of enactment, Federal Reserve banks must return all gold certificates to the U.S. Treasury.

2.Within 90 days of receiving the last one, the Treasury will issue new certificates reflecting gold’s market price.

3.Federal Reserve banks must pay the Treasury the difference if the new certificates are worth more.

4.This extra cash goes to the government fund within 90 days.' - BitcoinNews

https://i.ibb.co/d4JvzXzs/Gm-Gexy-Nbc-AE7-Tpu.jpg

➡️DOGE’S FORT KNOX GOLD AUDIT COULD TAKE 18 MONTHS A full audit of Fort Knox’s gold reserves would be a massive undertaking, with JM Bullion estimating it would take at least 18 months to complete. - Requires 20 personnel - Uses 18 high-quality scales & XRF scanners - Needs 2 boring drills & 18 item carts The effort aims to bring long-overdue transparency to U.S. gold holdings—a process that hasn’t been fully conducted in decades. That's cute, I can audit the entire Bitcoin supply from my home in less than a minute.

On the 17th of March:

➡️'80 public companies are now buying bitcoin. Two years ago there were 33. Two years from now there will be...?' -River (foto) With 55,214 publicly traded companies worldwide, that's a little over one in a thousand. It's so early! https://i.ibb.co/FLZKfv1X/Gm-QKCGob0-AAd-LNo.jpg

➡️Bitcoin reserves held by the 14 biggest North American mining companies exceeded 101,000 BTC for the first time in February.

➡️'Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved a Bitcoin Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 Bitcoin acquired for ~$33.1 billion at ~$66,360 per Bitcoin.' - Saylor

💸Traditional Finance / Macro:

On the 11th of March:

👉🏽Nasdaq 100 futures erase premarket gain and turn negative, now down -12.5% since February 19th.

On the 13th of March:

👉🏽The S&P 500 just CLOSED in correction territory and the Nasdaq 100 is 7% away from its first bear market since 2022. Over the last 16 trading days, the S&P 500 has erased an average of -$340 billion PER trading day. Although this sounds alarming whatsoever, it really isn't. The S&P is only down ~10%. It also fell 10% in 2023 and last July. No one even remembers now. Get a grip.

🏦Banks:

👉🏽 no news

🌎Macro/Geopolitics:

On the 11th of March:

👉🏽President Trump announces ADDITIONAL 25% tariffs on Steel and Aluminum coming to the US from Canada. This brings tariffs on these goods up to a new high of 50%.

👉🏽European Commission to use 10 trillion Euros of citizens’ savings for EU defense. The European Commission estimates the total level of unused savings of EU citizens at 10 trillion Euros, and it intends to find ways to mobilize this money to finance its plans to militarise Europe and support the European military-industrial complex, according to a statement by the European Commissioner for Financial Services and the Savings and Investment Union Maria Luís Albuquerque, distributed by the EC press service, TASS reports.

https://i.ibb.co/Xr28KPbR/Glx-Gzzc-XAAAXn-ZI.png

"We'll turn private savings into much-needed investment". 1. All savings are invested in the economy. 2. She means they will leverage your deposits to finance more government spending. Be scared, and what exactly are "unused savings" per se? Do you understand the predicament you are in yet, or what our children will be in?

It is the best advert you will see for self-custody Bitcoin. https://i.ibb.co/PZnKQdqF/Glwl-Nyc-WQAA-AIE.jpg

👉🏽Last week I already mentioned that the ECB confirmed launching the digital euro in October. That's the deadline. Why is Lagarde insisting on this? Is the digital euro in the interest of the citizens or the interest of the government and the implementation of its policies?

The ECB says it will limit the amount of money people can store in digital euros to, in their words, "prevent excessive outflows of deposits from banks." It's never a good sign when you have to lock people in...

https://i.ibb.co/s9v7n1BS/Gm-Liap-Ob-QAA9j0g.jpg

Now the two topics above are just mental, it is crazy to read the following tweet by the ECB: "Did you know that 60% of Europeans with low financial literacy are women? But what is financial literacy? Why is it important? And what does it have to do with central banks?"

Lagarde and Von der Leyen are two of them, FFS!

On the 12th of March:

👉🏽For my Dutch readers/followers. How is your energy bill? The average energy bill for a Dutch household increased by €18 in January, reaching €2,703 per year. The share of taxes and VAT in this amount is €1,457. Energy costs are increasingly passed on to households through products and services. That's what you call inflation and the government is, of course, very happy with the very expensive imported gas because the taxes on it are a goldmine. I fully understand why we are doing that because we don't have a huge gas field in our country, right?

https://i.ibb.co/vC4wzSKp/Glyf9-DSXMAALTc-Q.png

Just to explain it in simple words: 50% of your energy bill is taxes. That is just criminal.

👉🏽'The Federal Deficit for Feb '25 ($307B) and before you get lathered up over the edge trimming at DOGE if you aren't willing to cut (not reduce growth - cut) what is in red you will never put a dent in what is in purple.' - Blacklion $307 billion was added to the US federal deficit last month, which was bigger than all tax revenue, widening the deficit to 7.23% of GDP.

If government spending halted, we'd be plunged into a decade-long recession. This addiction will take years, if not decades, to sober up from. Nothing stops this train, NOTHING!

https://i.ibb.co/ZRsm5nCM/Gl2-i9-WUAAw-V5w.jpg

On the 13th of March:

👉🏽Gold trades above $3k for first time ever: $3,000.40. As the S&P 500 has erased $5+ trillion, gold is now set to cross above a record $20 TRILLION in market cap. Gold has more than QUADRUPLED the S&P 500's return over the last 12 months. Gold is telling us something. Nothing says Sovereign Debt Crisis like gold pressing toward new ATH. In the past Bitcoin always followed with a lag and harder.

On the 14th of March:

👉🏽German debt deal compromise foresees €100 bln for climate and transformation fund - Source familiar with talks

ZeroHedge: 'GERMAN DEBT DEAL TO EXEMPT DEFENCE SPENDING FROM DEBT BRAKE ABOVE 1% OF GDP BUT INCLUDES EXPANDED DEFINITION OF DEFENCE SPENDING, SOURCE SAYS.

In other words, "defense against Russia" is just a pretext to flood the economy with a new debt-funded fiscal stimulus, just like Covid.'

As I mentioned above,  financial literacy at the ECB and EU Commission.

Von der Leyen: 'We are presenting a new EUR 4.7 billion Global Gateway investment package for South Africa. For projects that support a just energy transition. For connectivity – both physical and digital. And for vaccines, produced in Africa, for Africa.'

Africa is not a member of the EU. So they should stop wasting (spending) our money, 4.7 billion of European taxpayers.

The people, Von der Leyen, who want to "mobilize" the €10T in private citizens' savings, and who are overseeing €13.8T in combined government debt, seem to be as excited as ever about subsidizing questionable regimes all around the world. You don't believe me...I have another example.

Now for the next example, I don't want to make it political but for fuck sake.

'The EU and its partners just pledged €5.8 billion for Syria and its neighbors. This will support Syria at a crucial time of transition and address the dire needs on the ground. This is a chance for the people of Syria to seize the moment and shape their own destiny.' - EU High Representative for Foreign Affairs and Security Policy / Vice-President of the European Commission, Kaja Kallas

No matter your view on the Syria situation sending money to Syria now while supporting the current regime who kill Christians and Alawites. I am an atheist so couldn't care less if we are talking about Christians, Alawites, Muslims, or another religion, people in Syria are getting slaughtered at the moment.

Are these our European values?

€5.8 billion in taxpayer money disappears into Syria again, while Europeans struggle with skyrocketing costs, unaffordable groceries, and failed migration policies. The EU never learns: billions are sent to corrupt regimes while our own people are left behind. Giving Syria a ‘chance’ to determine its own future? That money will end up in the pockets of dictators and militants, just like always. Europe must stop this wasteful spending and focus on its own citizens first.

So 4.7 billion to South Africa and 5.8 billion to Syria, that's 10.5 billion wasted tax payer's money already. Again, hello financial literacy!

Just remember Ursula von der Leyen has previously disregarded defense procurement rules in Germany—the McKinsey affair.

She also committed plagiarism.

In Brussels, lawsuits are ongoing against her regarding the infamous €35 billion SMS-Pfizer deal.

Next example: Christine Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation.

Potential price pressure from the trade war and debt-fuelled borrowing add to the uncertainty, warns the central bank president. Don’t forget, that Macron appointed her. It is all so obvious…

Lex Hoogduin: "This is how a politician makes a turn towards an inflation rate that is, on average, too high and a policy that is too loose, I fear. She has listened carefully to Macron and is executing this in an extremely sophisticated manner—just as she is pushing through the CBDC."

Long-term global inflation chart. WTF happened in 1971? https://i.ibb.co/YYj1kDR/Gm-EHbfk-WAAAm-Sx-P.jpg

Another example:

ECB's Villeroy (a man, full disclosure): The EU has the resources to retaliate against Trump's threatened tariffs on wine and liquor. Now ask yourself, why is a central banker commenting on a trade war? Is that within their mandate? I have the answer: NO!

And it is not only the EU Commission or the ECB. France wants to boost defense spending, but with higher taxes and more debt ruled out as options, Macron’s government is desperately looking for solutions.

Meanwhile, France: - High public debt (112% of GDP) - Large budget deficit (6.2% of GDP) - Ambitious plans for additional spending - Rising interest rates

What could possibly go wrong?

Anyway, I can give example after example but the only thing you need to know we are in a debt rat race without brakes.

If things go wrong, all EU member states will pay the price. And the collateral?

You!

Got Bitcoin?

On the 16th of March:

👉🏽'US interest payments are set to rise even higher: US interest expense on national debt hit a record $1.2 trillion over the last 12 months. To put this into perspective, defense spending was $900 billion during the same period. If rates remain FLAT, interest payments are set to hit $1.5 trillion by the end of the year, doubling in just 4 years.

Even if the Fed cuts rates by 100 basis points, interest costs will still hit ~$1.3 trillion in 2025.

This all assumes the economy will avoid a recession or any material economic slowdown.

This is a crisis.' -TKL

🎁If you have made it this far I would like to give you a little gift:

'A long but thoughtful analysis and opinion on the current volatility and pricing of Bitcoin. We’re in the midst of a technological, monetary, fiscal & currency shift. This is more than an investment idea. The unbanked around the world might soon find freedom as a result.'

https://x.com/JoeConsorti/status/1900285521084965204

After that, kick back, relax, and enjoy: Bitcoin Mastermind Q1 2025 with Joe Carlasare, Jeff Ross, & American HODL.

'A deep dive into the dollar’s weakness, Bitcoin bonds, regulatory updates, and market liquidity trends. Plus, an analysis of major economic shifts, technical buy signals, and the outlook for global assets.'

https://www.youtube.com/watch?v=XzgXe-42PI0

Credit: I have used multiple sources!

My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly.

Use the code SE3997

Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple. ⠀⠀⠀⠀ ⠀ ⠀⠀⠀

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⭐ Many thanks⭐

Felipe - Bitcoin Friday!

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