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BTC Passes Amazon, Texas Joins the Race
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Bezos himself is no match for the relentless upward pressure of the BTC behemoth.
It seems like every day now we're posting this chart of the worlds most valuable assets, because BTC just won't stop breaking records.
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BTC (2.158T) has surpassed Amazon (2.152T) in valuation. The crazy thing is that Amazon took 27 years and an army of warehouses, logistics, and loyal Prime customers to do it. BTC? Just 15 years, with no employees and no offices.
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How long will it take to pass Apple? My prediction is- months. Within months, Bitcoin will surpass Apple, Nvidia, and Microsoft to become the second most valuable asset on earth reaching a price of $180,000- second only to the shiny rock we call gold.
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At the current price that's a 64% ROI if you buy today at 109k.
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Bitcoin also ticked above its record high of $109,356 wicking to $109,500 during market trading hours late this morning.
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The thing is, tapping higher than all time highs is a signal to the market, buyers are buying and they're happy to pay such prices for the most scarce asset known to humanity.
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Texas Joins the Race
Act now! Learn how Texas's Strategic Reserve could impact BTC's price, click below to subscribe to our free Newsletter
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If that weren't enough jet fuel for the bulls, Texas House of Reps has voted in favor of a Strategic Bitcoin Reserve passing a second reading yesterday. The final reading is set for Tuesday and if successful will move to the governor for signature and become law.
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For perspective, Texas is a big deal! At a GDP of 2.56T, it stands as the 8th largest economy in the world- bigger even than the nation of Italy or Brazil. Texas is a prosperous state, with a wealthy population and low taxes and as a business savvy jurisdiction, it is planning for the future and strengthening their treasury with Bitcoin. If passed, Texas will be the 2nd state to adopt a strategic bitcoin reserve after New Hampshire adding yet more buying pressure to the scarce digital asset market. Read more about Texas plans for Bitcoin π here.
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Once again, the question is: How is your personal Bitcoin reserve coming? Do you have your bags packed? Have you secured your hard earned savings against inflation with the best performing, fastest growing asset on earth? Nations, states and corporations the world over are scrambling to get BTC while they still can. Are you?
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Remember:
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You don't have to buy a whole bitcoin
You can start with as little as $10
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Bitcoin is the best performing asset in history
Past performance is the best indicator of future performance
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