IlluMyFi

Bitcoin Investors Are Now Up A Record $67,000 On Average... Authored by Nikolaus Hoffman via BitcoinMagazine.com,According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing.“The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains.Whale Alert has further calculations on this metric that can be found here.To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary just for owning one bitcoin.Every day, you trade hours of your life at work in exchange for money ( fiat for most).You consistently work harder and harder for that currency that is always depreciating in purchasing power, causing you to work longer hours to make up for it.But bitcoin flips that dynamic on its head. With bitcoin, you are working (trading your time in exchange for money) and then watching that money grow in value as opposed to losing value.People can then utilize that extra purchasing power bitcoin affords them to buy a home or car, afford university tuition, work less and/or spend more time with their family, etc. Your options for how you want to spend your time and money open up a lot more as a result of buying and holding bitcoin, and, to me, that is true financial freedom.This is just another reason why using bitcoin as a savings vehicle is so important. It allows people become financially free and secure their future.And this is just the beginning. Over time, bitcoin is poised to rise even higher than its current $100,000 price tag, giving investors the opportunity to increase their purchasing power even further and to therefore let them have more time to follow their passions and interests.And all you have to do is bitcoin consistently, secure it, and HODL. Even if you aren't holding a whole bitcoin, you're still benefitting the dynamic of its improving your purchasing power over time and the more you can add to your stack, the more this will be the case.Every person on the planet can now create their own bitcoin reserve, watch it grow, and choose how they want to spend the time they’ve freed up for themselves. Tyler DurdenMon, 12/23/2024 - 11:15

Sentiment

-0.33

Bearish/Bullish

26.12.24 06:15

by zerohedge.com

President-Elect Trump Posts Christmas Message To "Wonderful Soldiers of China",...

President-Elect Trump Posts Christmas Message To "Wonderful Soldiers of China", "Governor Trudeau", And Greenland Authored by Eric Lendrum via American Greatness,In a humorous Christmas Day post on social media, President-elect Donald Trump sent a warning to the “wonderful soldiers of China” over a possible dispute involving the Panama Canal, and also poked fun at Canadian Prime Minister Justin Trudeau.As Breitbart reports, President Trump’s annual Christmas message on his website Truth Social wished a “Merry Christmas to all, including to the wonderful soldiers of China, who are lovingly, but illegally, operating the Panama Canal (where we lost 38,000 people in its building 110 years ago), always making certain that the United States puts in Billions of Dollars in ‘repair’ money, but will have absolutely nothing to say about ‘anything.’”“Also, to Governor Justin Trudeau of Canada, whose Citizens’ Taxes are far too high, but if Canada was to become our 51st State, their Taxes would be cut by more than 60%, their businesses would immediately double in size, and they would be militarily protected like no other Country anywhere in the World,” President Trump continued.“Likewise, to the people of Greenland, which is needed by the United States for National Security purposes and, who want the U.S. to be there, and we will.”The post referenced several major negotiations that the president-elect has already undertaken before even being sworn into office in January.He has suggested that the United States should retake control of the Panama Canal for reasons of national security and trade; he has also reportedly been considering an attempted purchase of Greenland, which is owned by Denmark.In a recent meeting with Trudeau, President-elect Trump reaffirmed his decision to impose a steep tariff on all Canadian imported goods. Allegedly, when Trudeau warned that such tariffs could crash the Canadian economy and lead to the nation’s total collapse, Trump joked that perhaps Canada should just become the 51st state instead, hence the nickname “Governor Trudeau.”Following the joke, Trudeau’s government has fallen into crisis with the resignation of his Deputy Prime Minister and multiple opposition parties calling for a vote of no-confidence, which would trigger a snap election that could see Trudeau finally ousted from power.In a separate Christmas Day post, President Trump again wished a Merry Christmas to “Radical Left Lunatics.”“They know that their only chance of survival is getting pardons from a man who has absolutely no idea what he is doing,” the post continued. “Also, to the 37 most violent criminals, who killed, raped, and plundered like virtually no one before them, but were just given, incredibly, a pardon by Sleepy Joe Biden. I refuse to wish a Merry Christmas to those lucky ‘souls’ but, instead, will say, GO TO HELL! We had the Greatest Election in the History of our Country, a bright light is now shining over the U.S.A. and, in 26 days, we will, MAKE AMERICA GREAT AGAIN. MERRY CHRISTMAS...

Canada