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⌐◪-◪ → Bitcoin just hit an all-time high against the British Pound, Euro, and even Aussie dollar.

Now it only has one more boss to beat — the US Dollar at $68.9k/Bitcoin.

Unironically, 11 days ago the European Central Bank said Bitcoin’s “fair value” is zero. Lol.

Zooming out, the total global crypto market cap is now $2.5B, which is roughly 81% the size of Microsoft with a $3.09T market cap.

In the famous words of Michael Saylor, “We’re in the Bitcoin Gold Rush Era…and it will run until November of 2024”.

November 2024 is when 99% of all Bitcoin will have been mined, making its stock-to-flow ratio ~infinity.

⌐◪-◪ → Presidential Candidate Robert F. Kennedy Jr. spoke at ETH Denver in strong support of the entire cryptocurrency industry.

He talked about how he’d “love to dismantle the fed altogether”, leaning on his 500 lawsuits of experience against large corporations, industry incumbents, and major government agencies.

It’s starting to sound like RFK wants to restore the idea of “based currencies” like his uncle John F. Kennedy did with silver and gold certificates.

The real question is, what sort of backing is RFK thinking about, and could it be Bitcoin?

Bonus: RFK also showed open-mindedness towards on-chain elections/voting as long as it was easy, accessible, and fair.

⌐◪-◪ → Bitcoin ordinals are on fire — with daily volume flipping Ethereum NFTs for the first time.

Zooming in a bit, all the major ordinal projects like NodeMonkes, Natcats, Bitcoin Puppets, and others just hit new all-time highs, with one NodeMonkey selling for a shocking $1M earlier today.

It’s starting to feel like we’re in the middle of a Bitcoin renaissance — and not because of its price — but rather the increased experimentation and functionality coming to Bitcoin, the world’s first, largest, and most reliable blockchain.

Just today I was reading about BITPACs (Bitcoin Based Publicly Auditable Cooperatives) which are essentially normal multisig wallets, but where the participants are public instead of private.

BITPACs are basically DAOs but on Bitcoin.

IMO, Ordinals have sparked a Bitcoin renaissance, just like NFTs did for Ethereum. There is so much more to come for Bitcoin — just make sure you don’t spend off of your Bitcoin, never forget Bitcoin Pizza.

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