After the US unpegged the dollar from gold in 1971, worker's compensation has not kept up with productivity.

Productivity has risen 80.9%, yet hourly pay has only risen 29.4%... a 2.7x difference.

Disconnecting money from physical reality has had dire consequences.

Decision time $BTC

Christ, our Savior, is born! Hallelujah, Amen.

Merry Christmas, everyone ✝️

Read Luke Chapters 1 and 2 to learn about the birth of Jesus ❤️
biblegateway.com/passage/?searc…

What if I told you that the creator of the universe came to live amongst his creation, lived a sinless life so you'd be forgiven for yours, and is calling you into friendship and relationship with him?

You're in luck, because that's the Christmas story.

Merry Christmas!

You're not going to remember this bitcoin correction.

You will remember the rally that follows it.

Act accordingly.

Update: 5 days after my last chart, bitcoin is down ~$7,500 to $92,500.

Following global M2 (USD-denominated) to a T.

Largely a story of strong USD trouncing everything. Favorable BTC-native events like Trump's inauguration could help BTC buck this trend.

Merry Christmas ✝️🎄

A painter and her canvas.

Remember: bitcoin is a certainty because a reduction in government deficit spending would destroy the US economy for decades.

Make me CEO.

I will rule with an iron, imaginative fist.

My fiancée is using ChatGPT to make our wedding website.

Metaplanet, a bitcoin treasury company, has soared 2654.67% year-to-date, compared to BTC up 120.45%.

Leveraging public debt and equity markets to accumulate bitcoin isn't just a strategy—it's rocket fuel for your stock.

Microsoft, up a measly 17.72% YTD, should take notes 📝

>Bitcoin is a hedge against global money printing
>The global money printer shuts off (temporarily)
>Bitcoin falls
>"See, bitcoin is worthless"

Remarkable.

The total value of spot bitcoin ETF holdings has risen 79.1% over the last 6 weeks as bitcoin soared to $108k.

Imagine the calls that financial advisors are getting from clients right now. And the huge marketing blast from Blackrock & other ETF issuers.

We're going much higher.

The total assets in the spot Bitcoin ETFs are now 55% of the value of known gold ETF holdings.

• Bitcoin ETF AUM: $120.69 billion
• Gold ETF AUM: $218.81 billion

Out with the old, in with the new 🚀

Bitcoin is now a $2.1 trillion asset.

Canada ran $61.9 billion over budget this year, more than $20 billion over estimates.

AND they're calling for $20 bn in additional spending next year.

Their finance minister resigned because it was too embarrassing to announce.

The Trudeau regime is over.

Canada right now.

We should make Canada a U.S. territory rather than a state so they can't vote but they get our Constitution.

Financial conditions as measured by credit spreads are at their loosest in 25 years, for both risky and safe corporate borrowers.

Meanwhile, Fartcoin is up over 900% in the last month.

Perhaps financial conditions are *too* loose.

>19.8mm BTC in volume!!!! Bubble!!!! 😱
>73.2% of BTC has not moved in 6+ months
>...it's just 5.3mm BTC shuffling hands a lot

its-all-so-tiresome.png

My fiancée found her wedding dress today. Next August, we will be married.

Glory to God in the highest.

"Russia lawmakers were this week revealed to be pushing the country to create a bitcoin strategic reserve... Vladimir Putin praised bitcoin as an alternative to FX reserves following the seizure of its funds by Western governments."

The Bitcoin Cold War has begun 🇺🇲⚔️🇷🇺

Pension funds. Endowments. Insurance companies. Sovereign wealth funds. 401k and IRA participants. Your grandma.

All of these cohorts are buying QQQ every single week. Now, all of them are bidding bitcoin.

And there's nothing that anti-BTC financial advisors can do to stop it.

They could stop allocating to QQQ...
But then in a few months, they'll have to stop allocating to IVV, VOO, and SPY...
Bitcoin eats the passive index fund market, on its way to eating the world.

All your models, something something...

• MSTR enters the Nasdaq-100 on Dec. 23rd
• QQQ (5th largest ETF in the world) buys MSTR to match the index
-
• Drives MSTR price up
• MSTR weight in Nasdaq-100 rises
• QQQ buys more MSTR to match the index
• MSTR buys more bitcoin
• Bitcoin price rises
🔄️🔄️🔄️

The surge above $100k was met with a surge in coins moving on-chain, resetting bitcoin's fair-value floor lower.

As such, the ratio between spot BTC & its realized price is ~3.3x—the same as 2 months ago at $71k.

Bitcoin still needs to 2x from here to be cyclically overheated.

Good morning, Abu Dhabi ☕️🇦🇪

The spot bitcoin ETFs have purchased a net 94,000 BTC on behalf of their clients over the last 30 days.

The $-value of their AUM rose $41.7 billion over the same period, raising the total value of their holdings by 61.8%.