@ Felipe

## 🧠Quote(s) of the week: Old model: -You work for money. -They print it. -You save your money. -They devalue it. -You invest your money. -They manipulate it. New model: -You save in Bitcoin. -There’s nothing they can do about it. ## 🧡Bitcoin news🧡 Before we start some extra info to get you focused. 1 BTC is unreachable for the majority. The aspiration used to be 6.15. Now it's 0.1. 'Now who owns Bitcoin? 'The Answer Might Surprise You. 👉🏽Bitcoin is often misunderstood. Some think it’s controlled by a handful of institutions, others believe governments secretly hoard it. The reality? Bitcoin ownership is diverse and widely distributed across individuals, businesses, funds, and even governments. 👉🏽57% of Bitcoin is held by individuals. From everyday savers to long-term believers, Bitcoin’s largest share is in the hands of the people. 👉🏽4% belongs to businesses. Companies are increasingly adding BTC to their treasuries, recognizing its role as digital gold. 👉🏽5% is held by funds and ETFs. Bitcoin is being adopted by the financial system, providing new ways for institutions and retail investors to gain exposure. 👉🏽Governments own 2% to 3%. Whether through seized BTC or strategic holdings where states already acknowledged Bitcoin’s value. 👉🏽Around 18% is estimated to be lost forever. This actually makes Bitcoin even scarcer than its 21 million cap suggests. 👉🏽Miners and yet-to-be-mined Bitcoin represent the rest. This small remaining fraction coupled with a fixed supply means competition for mining remaining bitcoins will only increase over time. This distribution is one of the many reasons why Bitcoin is unique. Not only there is no single entity that controls it (no government or bank can print more of it), but also its distribution among the population is more fairly distributed than for any other monetary asset. Bitcoin is owned by those who understand its value, regardless of nationality, religion, skin color, political affiliation, or beliefs. Bitcoin is for everyone.' -Thomas Jeegers [](https://i.ibb.co/5gJH2pLk/Gi-XWUx0-W8-AAcp84.jpg) On the 28th of January: ➡️European Squash Federation adopts Bitcoin for its treasury. ➡️Binance under investigation for money laundering, tax fraud, and drug trafficking in France - Reuters ➡️'Metaplanet will issue 21 million new stock warrants with a 0% discount rate, raising approximately $870 million to fund additional Bitcoin purchases. This marks the largest-ever fundraising for Bitcoin purchases in the history of the Asian stock market.' -Metaplanet ➡️U.S. Senator Cynthia Lummis received a framed Bitcoin block from Marathon’s Jayson Browder to mark her role as the new chair of the Senate Banking Subcommittee on Digital Assets. MARA Pool mined the block by calculating 1,476,600,000,000,000,000,000 Bitcoin hashes within 46 seconds. ➡️'Fidelity is now bigger than Greyscale: 1. BlackRock ETF: 576k BTC 2. Fidelity ETF: 205k BTC 3. Greyscale ETF: 202k BTC' -Bitcoin for Freedom ➡️'Brazil’s state-owned oil and gas company Petrobras is reportedly assessing getting into Bitcoin mining. This is a new chapter for the company and shows how traditional industries are adapting to the digital world. Petrobras, one of the largest and most profitable oil companies in the world, is going to use excess natural gas produced during the oil extraction process to power Bitcoin mining. This will reduce energy waste and methane emissions, and create a new revenue stream for the company.' -Bitcoin News ➡️Last week, the 613-foot smokestack of the former Somerset Generating Station in Niagara County, New York was demolished. The site, now Tera Wulf Inc.’s Lake Mariner Data, will focus on Bitcoin mining and AI processing powered by hydroelectric energy ➡️'For the first time ever in Bitcoin's 16-year history, the epoch-over-epoch (EOE) growth has fallen below +100%. Pack it up, fellas.'- Wicked [](https://i.ibb.co/sJFgh93r/Gi-Zncd-PXk-AAuh.jpg) On the 29th of January: ➡️Czech central bank Governor Ales Michl said he would propose a plan to include bitcoin in the country’s official reserves, the Financial Times reported. Michl statement: 'Czech National Bank’s goal is price stability. When we took office in July 2022, inflation was 17.5%. We brought it down to target. We are also diversifying reserves—gradually increasing gold holdings from 0% to around 5% and planning for 30% in equities. An asset under consideration is Bitcoin. It currently has zero correlation to bonds and is an interesting asset for a large portfolio. Worth considering. Right now, it’s only at the stage of analysis and discussion. The Bank Board decides, and no decision is imminent. Thoughtful analysis is needed. Bitcoin has significant volatility, which makes it harder to take advantage of its current low correlation with other assets. That’s why I will ask our team on Thursday to further assess Bitcoin’s potential role in our reserves. Nothing more, nothing less. The article is very accurate, including my statement that Bitcoin could one day be worth either zero or a huge amount. At our meeting on Thursday, after discussing a document on international reserve management in 2024, the Bank Board of the Czech National Bank (CNB) approved a proposal to analyze the options for investing in additional asset classes. The central bank has been increasingly diversifying its investments over the last two years as part of its reserve management strategy. At the proposal of Governor Aleš Michl, the CNB is to assess whether it would be appropriate in terms of diversification and return to include other asset classes in the reserves as well. Based on the results of the analysis, the Bank Board will then decide how to proceed further. No changes will be implemented in this area until then. Any changes in the reserve portfolios will be disclosed in the quarterly information on the CNB’s international reserves and the CNB’s annual report.' The head of a central bank tweeting about potentially allocating to Bitcoin was not on my 2025 bingo card. ➡️Jerome Powell: "Banks are perfectly able to serve crypto customers." I love how everyone is recognizing and acknowledging Bitcoin now. Banks can custody Bitcoin on behalf of clients, create structured Bitcoin financial products, and allow customers to buy Bitcoin. Even Powell isn't badmouthing it anymore. On the 29th of January: ➡️'It is utterly remarkable that BTC Dominance is at 62% considering it's really from 45% to 62% has coincided with massive issuance of Memecoins This really is a different market, a schism between Bitcoin and Crypto.' - Steven Lubka ➡️Illinois State Rep. has introduced a bill to establish a Bitcoin Strategic Reserve. ➡️The decoupling of Bitcoin & Crypto Market Caps: [](https://i.ibb.co/svqCWGcM/Gifa-ERa-XUAA80-A8.jpg) ETH losing 50% of its value vs. BTC in the past 11 months explains the lack of enthusiasm about $100K BTC. Mitchell Hodl: '2 years ago if you sold 1 ETH and bought Bitcoin, you would have acquired ~.07 BTC. Today if you sell 1 ETH and buy Bitcoin, you’ll acquire .03 BTC. Those “toxic maximalists” were right. If it’s not BTC, it’s dogshit.' On the 3rd of February Bitcoin dominance soared over 64%. Four-year high. Massively bullish. Despite the hundreds of billions of dollars invested in crypto, Bitcoin dominance has just tagged Nov 2017 levels. At 73%, it unwinds back to the pre-ICO era. 'The truth is, there is no more alt season. The sooner you accept that, the sooner you can still build up a meaningful Bitcoin position. You're not too late. You're among the first 1-2% of people to get into bitcoin. It's time to leave this chapter of false narratives behind and get on board with something real and meaningful.' - Sam Wouters If you're trying to outperform Bitcoin with an "alt", just remember that you're mixing with a crowd that is simply trying to beat you to the exit. ➡️Senator Bob Menendez who fought against El Salvador adopting Bitcoin was just sentenced to 11 years in prison for taking bribes in Gold and Cash! Classic! ➡️INDIANA Bitcoin Bill! HB 1322 would allow 'the Hoosier state' to invest state retirement funds in Bitcoin ETFs. Nation-states, States, Companies & Individuals are clamoring to acquire Bitcoin. [](https://i.ibb.co/qYRcVvLM/Gioi-YI-XYAAw-XP2.jpg) On the 30th of January: ➡️World's largest stablecoin Tether is now minting its stablecoin on the Bitcoin Lightning Network. ➡️ECB chief Lagarde says she "is confident" that Bitcoin will not end up in the EU central bank reserves. [Here ](https://x.com/pete_rizzo_/status/1885293996412383720) is the video of how she is explaining that Bitcoin isn’t liquid, secure, or safe for EU reserves. Bitcoin trades 24/7—one of the most liquid markets in the world. Its code secures $2T+ in wealth, never hacked. It’s the most secure computer code ever written. Remember what she said on Bitcoin a while ago: 'It's a matter that needs to be agreed at a global level. If there is an escape, that escape will be used.' Oh one more: "People are happier to have a job than to have their savings protected." — Christine Lagarde, 10/30/2019 Christine Lagarde has been convicted of more crimes than the average Bitcoin user.  Oh well, the more that central banks manipulate the money, the more people will want sound money, and the more people will turn to Bitcoin. Checkmate. [](https://i.ibb.co/svsv0vZB/Gik-U1-Vp-W8-AA1-Q-V.jpg) ➡️Norway's sovereign wealth fund's indirect Bitcoin exposure has increased by 153% in the past year, reaching 3,821 BTC. Since 2020, its Bitcoin holdings have grown from 796 BTC to over 3,821 BTC, now valued at over € 350M. ➡️'A $400 home Bitcoin miner just mined a block worth OVER $330,000. They beat ONCE IN A LIFETIME odds.' -Pete Rizzo On the 31st of January: ➡️'For the first time in nearly 2 years, the Bitcoin network is running out of pending transactions to fill up new blocks. It's looking like it could happen within a few hours (only 6 block backlog). This is nothing to worry about. But if you self-custody bitcoin, it's a great time to learn about UTXOs and consolidate the ones in your wallet, which could save you thousands of dollars worth of bitcoin in the long term.' - Tom Honzik Learn more here: https://unchained.com/blog/too-many-bitcoin-utxos ➡️MicroStrategy will have up to $584m to buy more Bitcoin after its stock offering was oversubscribed by nearly 3X, increasing from 2.5M shares to 7.3M priced at $80 each. ➡️El Salvador removes Bitcoin's legal tender status and makes its acceptance voluntary, in line with IMF requirements for a $1.4B credit line. Francis Pouliot: 'Bukele bends the knee to IMF and officially abandons the original Bitcoin law that had caused Bitcoiners to move and invest there in the first place... exactly at the same time as the Bitcoin conference in El Salvador attracting Bitcoiners from all over the world.' ➡️The 2nd time this week another solo Bitcoin miner mined a $300.000 block. On the 1st of February: ➡️'For the past three consecutive months, the Bitcoin network has processed more than $2 trillion worth of transactions. That's a lot of utility!' -Pierre Rochard ➡️Retail are capitulating their Bitcoin, whilst whales are buying. Transfer of wealth from the weak hands to the strong hands. Retail investors are reducing exposure, while large investors (whales) are capitalizing on this opportunity to accumulate. Historically, this divergence aligns with accumulation phases before price appreciation. ➡️So far, so good: Spot bitcoin ETFs pulled in $4.94 billion in January, which annualizes to ~$59 billion. For context: In all of 2024, they brought in $35.2 billion. On the 3rd of February: ➡️Ethereum just fell -37% in 60 hours since the trade war headlines mid-day on Friday. ➡️$2B liquidated in 24 hours. That’s a record. More than the COVID dump. More than the FTX collapse. ➡️Trump signs an executive order to create a sovereign wealth fund spearheaded by Howard Lutnick and Scott Bessent. Both are avowedly pro-Bitcoin. ➡️New Record Bitcoin Network Computer Hashrate: 800,000,000,000,000,000,000x per second ➡️OKLAHOMA BITCOIN BILL SB 315 allows state employees (and all OK residents) to receive payments in Bitcoin. The bill has progressed to Committee consideration. ➡️'Solid, data-driven reporting on why Bitcoin mining is increasingly regarded among energy experts, academics, and those in the environmental movement as a net positive to the environment across several fronts.' - Daniel Batten on the Mara report. https://x.com/MARAHoldings/status/1880063353168753133 ➡️$562m leveraged Bitcoin positions liquidated as the price plunged as low as $91,359 this morning. ## 💸Traditional Finance / Macro: On the 27th of January: 👉🏽Over $787 billion was wiped out from the US stock market today. On the 28th of January: 👉🏽'Amazon, Google, Meta, Microsoft, and Oracle's CapEx are expected to reach a record $274 billion this year. This would be more than DOUBLE the CapEx posted in 2021 and $127 billion more than in 2023. Amazon, and Microsoft, are expected to spend $86 billion and $63 billion, respectively. Spending has accelerated as Big Tech invests in more advanced chips from firms like Nvidia, and large data centers to store them. The big question is whether China’s DeepSeek will disrupt this trend. Is AI spending out of control?' -TKL But meanwhile: 'Magnificent 7 stocks have underperformed the market in 2025: The Magnificent 7 stocks are down -1.4% while the S&P 500 itself is up ~2.9%. Meanwhile, the remaining 493 stocks in the S&P 500 have gained +6.6%. To put this into perspective, in 2024, the Magnificent 7 stocks returned +67.4% while the remaining 493 firms gained just +5.0%.' -TKL 👉🏽MicroStratey today announced the launch of STRK a new convertible preferred stock offering available to institutional investors & select retail investors. To view the investor presentation video, learn more about participating, & access key details, click [here](https://www.microstrategy.com/press/microstrategy-announces-proposed-strk-preferred-stock-offering_01-27-2025). 👉🏽Microsoft shares closed down 6.2% on the worst day since 2022. If only they had listened to Saylor's 3-minute Bitcoin pitch. ## 🏦Banks:  👉🏽Global central banks now hold more Gold than at any point in the past 45 years. Something is brewing. ## 🌎Macro/Geopolitics: On the 28th of January: 👉🏽'Positions Europe to play a leading role globally.' Inhale, exhale! The EU bureaucrats are stifling innovation. The EU developed the AI Act instead of AI. To paraphrase Geoffrey Howe, the EU is like a man who knows 364 ways of making love but doesn’t know any women. [](https://i.ibb.co/BVzLxvKp/Gi-Yc-C-x-Ws-AA1eme.jpg) Europe also innovated with 'smart waste bins'. The sad this is, I couldn't even refute that now. What groundbreaking future technology has Europe produced in the last 30, 40 50 years? Europe is done. No Bitcoin, no AI, no tech, no nothing. Regulation fees are becoming their only source of revenue. Wrong side of history, they'll be left behind. 👉🏽Jeroen Blokland: 'China has literally bought its 5% growth target, issuing and swapping tons of DEBT! China's budget deficit is expected to have hit a whopping 7.1% of GDP in 2024. Why do you think China's 10-year yield is at 1.60%? In a world full of debt, invest in scarce assets!' 👉🏽The following is from last week's Weekly Recap: 'The rich are getting richer faster than ever before: US household net worth has risen ~$56 TRILLION since Q1 2020 and hit a record $160 trillion in Q3 2024. Currently, the top 10% own $111 trillion of all wealth, accounting for 69% of the total. The top 0.1% alone own a massive $22 trillion, reflecting 14% of household net worth. On the other hand, the bottom 50% holds just $3.9 trillion, or 2.4% of wealth. This comes as the S&P 500 and the Nasdaq 100 have risen 128% and 166% since Q1 2020 while national home prices have surged ~50%. The wealth gap is growing.' -TKL Just to elaborate on that, in 1990 the wealth gap between the top 1% and the bottom 50% was $3 trillion. Incredible chart! [](https://i.ibb.co/60ckYL3V/Gi-Yafk7-W8-AAy-Giw.jpg) Now the gap is $40 trillion. Ask yourself why. Has there been more or less government since 1990? Is there more or less money printing? Cantillion things I guess, and oh don't forget if it was adjusted for inflation it would be even worse, the red line would be pointed down. 👉🏽Ursula von der Leyen: " Dear Christine, dear ECB Governing Council Europe’s competitiveness is our shared interest—and an urgent challenge. The Savings and Investments Union must become a reality. It is so needed. Looking forward to our great work together also in this new mandate." You mean: "We will grab and redistribute your savings." These people (one convicted criminal - Lagarde) are so out of touch with reality. And a new mandate? Are you kidding me? 👉🏽Jeroen Blokland: 'Germany is heading for something 'unique!' BDI, which calls itself 'The Voice of German Industry,' expects the German economy to shrink again in 2025. That would mean three consecutive years of GDP decline. How do German politicians explain this, and how does this reconcile with the re-election of that other German politician, Ursula von der Leyen?' On the 29th of January: 👉🏽'SUMMARY OF FED DECISION (1/29/2025): 1. Fed leaves rates unchanged, pausing the "Fed Pivot" 2. The decision to halt cuts was a unanimous 12-0 vote 3. Fed says inflation "remains somewhat elevated" 4. The Fed says "Unemployment has stabilized at a low level" 5. Statement on progress toward 2% inflation removed 6. The Fed seems to be aware disinflation has stalled The battle against inflation continues in 2025.' -TKL 👉🏽Americans spent over $113 billion on lottery tickets last year, which is more than they spent on movies, books, concerts, and sports tickets - combined. James Lavish: 'Central Banks have turned otherwise normal people into desperate gamblers trying to keep up with the cost of everything.' 👉🏽Gold prices surge to a new all-time high of $2840/oz. Gold prices are now up +40% in 12 months as the US Dollar and interest rates are up sharply. This has never happened in history. Gold is telling us something.' -TKL Yes, let me use the following quote by Lawrence Lepard: 'Analog sound money saying sovereign debt crisis inbound.' But remember, Gold hit an ATH in USD but an ATL in Bitcoin. Fiat money is absolute garbage and Bitcoin is superior to both. On the 30th of January: 👉🏽The ECB, Christine Lagarde:  'We’re redesigning euro banknotes! Our Governing Council has selected motifs based on our two chosen themes, “European culture” and “Rivers and birds”. We’ll be launching a design contest later this year to help us select the final designs in 2026.' [](https://i.ibb.co/67GBJrhm/Gin-UBzd-XYAAj-Kb-V.jpg) On the 31st of January: 👉🏽Germany's unemployment rate hits its highest level in almost 10 years. The unemployment rate spiked by 0.4% to 6.4%. 👉🏽December PCE inflation, the Fed's preferred inflation measure, RISES to 2.6%, in line with expectations of 2.6%. Core PCE inflation was 2.8%, in line with expectations of 2.8%. PCE inflation is now at its highest level since May 2024. On the 1st of February: 👉🏽 The DOJ just argued that your money isn’t actually property—so the government can take it at will. If that sounds insane, it’s because it is. A federal court will decide if this madness stands. https://reason.com/2025/01/31/the-government-says-money-isnt-property-so-it-can-take-yours/ The money in your bank isn’t actually yours. Only Bitcoin can fix this. Still think you don't need Bitcoin? ## 🎁If you have made it this far I would like to give you a little gift: ++++ Preston Pysh podcast with Lawrence Lepard: 'Exploring the roots of broken money, the moral case for sound currency, and how Bitcoin offers hope for a decentralized financial future.' https://www.youtube.com/watch?v=WxB8M8q8hQ8 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 BITCOINFRIDAY 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.⠀⠀⠀⠀ ⠀ ⠀⠀⠀ Do you think this post is helpful to you? If so, please share it and support my work with a zap. ▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃ ⭐ Many thanks⭐ Felipe - Bitcoin Friday! ▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃▃