Portfolio Manager at Blockforce Capital and author of The Node Ahead newsletter
California, USA
Joined October 2013
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₿rett Munster | The Node Ahead retweeted
The case for Bitcoin.
Send this to anyone who asks why Bitcoin matters.
₿rett Munster | The Node Ahead retweeted
the idea of “risk-free return” is gone.
we’re now in the era of “return-free risk.”
bitcoin offers something radically different:
no counterparty. no dilution. no borders.
just code, consensus, and scarcity.
₿rett Munster | The Node Ahead retweeted
Bitcoin has outperformed the S&P 500 over the past 1-, 2-, 3-, 4-, 5-, 6-, 7-, 8-, 9-, 10-, 11-, 12-, 13-, and 14-year periods.
₿rett Munster | The Node Ahead retweeted
Bye, bye SAB 121! It's not been fun: SEC.gov | Staff Accounting Bulletin No. 122
₿rett Munster | The Node Ahead retweeted
JUST IN: $11.5 trillion BlackRock says that #Bitcoin and crypto adoption is outpacing the internet and mobile phones.
₿rett Munster | The Node Ahead retweeted
Tl; dr: FDIC lied. I don't say that lightly. But the redactions clearly weren’t about protecting confidential supervisory information. They were about covering up evidence that they tried to kill BTC transactions, the development of blockchain tech, and even a bank account for stablecoin reserves. 2/6
₿rett Munster | The Node Ahead retweeted
So in summary, we now have it on record that between 2022 and 2023 the FDIC sent out at least 25 letters asking banks to indefinitely pause or curtail:
- Bitcoin and ethereum buy/sell products for bank clients
- private blockchain settlement networks
- public blockchain settlement for bank client transfers
- permissioned stablecoin issuance
- the holding of cryptoassets and NFTs by banks
- onboarding of “ecosystem” firms as clients (letter 16)
- Bitcoin backed lending
- providing depository services to stablecoins
- issuing debit cards with Bitcoin cash back
OCP2.0: not a conspiracy theory.
₿rett Munster | The Node Ahead retweeted
🇪🇺 European MP: "Donald Trump is going to create a #Bitcoin Strategic Reserve. Bitcoin is skyrocketing. The EU is squandering our money!"
EU MP @knafo_sarah tells the European Parliament to set up a "Strategic Bitcoin Reserve".
WATCH ENGLISH TRANSLATED SPEECH (Ai)
BREAKING: 🇪🇺 European MP gives pro-#Bitcoin speech in the European Parliament calling for a "Strategic Bitcoin Reserve".
❌NO to the digital euro
✅ YES to a strategic reserve of BITCOIN 🔥
₿rett Munster | The Node Ahead retweeted
When bitcoin hits $1 million, investors are going to look back and wonder how they missed such obvious signs, including:
>>The once-and-future President of the United States keynoting the Bitcoin Conference
>> BlackRock recommending a 2% allocation to bitcoin in portfolios
>> Bitcoin ETFs being the most successful ETF launches of all time by a factor of 6X
>> Investors like Ray Dalio saying you should own bitcoin.
Incredible investments always look obvious in hindsight. Bitcoin is screaming right now for people to pay attention.
₿rett Munster | The Node Ahead retweeted
A remarkable ruling. Yet another court holds that @SECGov was arbitrary and capricious. Yet another court holds that @SECGov defied Congress' will. Yet another court holds that @SECGov violated the law.
DEALER RULE STRUCK DOWN! SEC exceeded its statutory authority. HUGE win for the entire industry @BlockchainAssn and @CryptoFreedomTX !!!
₿rett Munster | The Node Ahead retweeted
JUST IN: Gary Gensler will leave the SEC on Jan. 20.
trib.al/YIuAaLp
₿rett Munster | The Node Ahead retweeted
They threw the most powerful political system in the world at us, kicking the industry again & again while it was down, and they still couldn’t break us. If that doesn’t prove crypto’s staying power to you, I don’t know what will.
₿rett Munster | The Node Ahead retweeted
BlackRock Expands BUIDL To Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet, And Polygon
BlackRock is expanding its tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to five new blockchains: Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet, and Polygon. This move broadens access to the fund, which is backed by short-term U.S. government bonds and designed to offer institutional investors and decentralized finance protocols a way to earn yield and use the token as collateral. BUIDL, initially launched on Ethereum, has already attracted over $520 million in deposits, making it the largest product in the $2.3 billion tokenized U.S. Treasury market.
Source: Coindesk
₿rett Munster | The Node Ahead retweeted
BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon theblock.co/post/326288/blac…
₿rett Munster | The Node Ahead retweeted
🌐 BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains
We’re thrilled to announce that the @BlackRock USD Institutional Digital Liquidity Fund, tokenized by Securitize, is expanding across @Aptos, @Arbitrum, @Avax, @Optimism, and @0xPolygon. This multi-chain expansion marks a major step forward for real-world asset tokenization.💡
➡️ securitize.io/learn/press/bl…
🧵 Read more below 👇
₿rett Munster | The Node Ahead retweeted
So far we've uncovered more than 20 examples of the FDIC telling banks to “pause” or “refrain from providing” or “not proceed” with offering crypto-banking services. The public deserves transparency, not an agency that’s working behind a bureaucratic curtain. 2/3
