Joe Consorti ⚡
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joeconsorti.bsky.social
Joe Consorti ⚡
@joeconsorti.bsky.social
Bitcoin/Building @TheyaBitcoin
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.
December 31, 2024 at 10:27 AM
Decision time $BTC
December 31, 2024 at 10:27 AM
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…
December 25, 2024 at 10:33 PM
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.
December 25, 2024 at 10:33 PM
Merry Christmas!
December 25, 2024 at 4:37 PM
You're not going to remember this bitcoin correction.

You will remember the rally that follows it.

Act accordingly.
December 24, 2024 at 10:28 AM
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 ✝️🎄
December 24, 2024 at 10:28 AM
A painter and her canvas.
December 23, 2024 at 6:01 AM
Remember: bitcoin is a certainty because a reduction in government deficit spending would destroy the US economy for decades.
December 21, 2024 at 10:12 AM
Make me CEO.

I will rule with an iron, imaginative fist.
December 21, 2024 at 10:10 AM
My fiancée is using ChatGPT to make our wedding website.
December 21, 2024 at 10:09 AM
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 📝
December 21, 2024 at 10:09 AM
>Bitcoin is a hedge against global money printing
>The global money printer shuts off (temporarily)
>Bitcoin falls
>"See, bitcoin is worthless"

Remarkable.
December 20, 2024 at 5:03 PM
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.
December 18, 2024 at 11:33 AM
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 🚀
December 18, 2024 at 11:33 AM
Bitcoin is now a $2.1 trillion asset.
December 17, 2024 at 6:12 AM
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.
December 17, 2024 at 6:09 AM
Canada right now.
December 17, 2024 at 6:08 AM
We should make Canada a U.S. territory rather than a state so they can't vote but they get our Constitution.
December 17, 2024 at 6:07 AM
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.
December 17, 2024 at 6:07 AM
>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
December 15, 2024 at 5:48 AM
My fiancée found her wedding dress today. Next August, we will be married.

Glory to God in the highest.
December 15, 2024 at 5:48 AM
"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 🇺🇲⚔️🇷🇺
December 15, 2024 at 5:47 AM
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.
December 14, 2024 at 11:32 AM
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.
December 14, 2024 at 11:32 AM