$100k Worth of FUD

This Week in Bitcoin ·

Bitcoin at $100K has summoned the FUD swarm — from quantum computer panic to 'national security threat' hot takes. I’m calling out the bad logic, breaking down every attack, and arming you with the facts.

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LINKS:

• Bitcoin has now become MSNBC's new obsession. (https://x.com/pledditor/status/1866803778571342128?t=E9EIlRX-vHxbQ8g23lQU3A)

• River: Bitcoin Ownership Distribution (https://x.com/River/status/1831374555530830304)

• Top Organizations Disclosing Donations to Fairshake PAC, 2024 • OpenSecrets (https://www.opensecrets.org/outside-spending/detail/2024?cmte=Fairshake+PAC&tab=donors)

• Ripple founder has given more than $11.8 million to Harris campaign (https://www.cnbc.com/2024/10/21/ripple-founder-has-given-more-than-11point8-million-to-harris-campaign.html)

• Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals (https://www.htx.com/feed/community/6132206/)

• Since January, $227 billion of Bitcoin has been activated by long term holders, dwarfing the ETF flows by a multiple. (https://x.com/txmctrades/status/1863660343504843127)

• Tucker Carlson on X: "Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. (https://x.com/TuckerCarlson/status/1866543923939729870)

• 06: Debunking Big Blocker Alternative History (https://www.thisweekinbitcoin.show/episodepage/06-debunking-big-blocker-alternative-history)

• Google shocks the world with new a chip that could vanquish Nvidia and Bitcoin - YouTube (https://www.youtube.com/watch?v=KbKyVuvQ7OU)

• Gloria Zhao on Bitcoin Core Devs, Network Security Threats and Will There Be A "Block Size" War II? - YouTube (https://www.youtube.com/watch?v=DmCTDRH_WVM)

• Bitcoin News on X: "Satoshi’s thoughts on handling a “massive breakthrough attack,” such as quantum computing rendering SHA-256 encryption ineffective in protecting the Bitcoin network. (https://x.com/BitcoinNewsCom/status/1866591802221822271) https://t.co/GBnZ3UpeXN" (https://t.co/GBnZ3UpeXN) / X (https://x.com/BitcoinNewsCom/status/1866591802221822271)

• MicroStrategy’s $26 Billion Bitcoin Cache Is Larger Than IBM, Nike Cash Holdings - Bloomberg (https://www.bloomberg.com/news/articles/2024-11-16/microstrategy-s-26-billion-bitcoin-cache-is-larger-than-ibm-nike-cash-holdings)

• Amazon shareholders have submitted a request for the $2.3 Trillion company to explore adding Bitcoin to its treasury. (https://x.com/Dennis_Porter_/status/1865838523741581635)

• Is It 'Crazy' for the US to Have a Bitcoin Reserve? - YouTube (https://www.youtube.com/watch?v=lYKRpK7Q2LY&si=2LxIJUJwtibvbGJS)