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.<br /><br /><p><strong>Affiliate LINKS:</strong><ul><li>🇺🇸 <a href="https://river.com/signup?r=3CT4V56E" target="_blank">Buy Sats on River</a> - The best way to stack in the US</li><li>🇨🇦 <a href="https://bitcoinwell.com/referral/chrislas" target="_blank">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li><li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER" target="_blank">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li><li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC" target="_blank">Fold Card</a> - Pay bills Stack Sats</li><li><span style="background-color: rgba(181, 213, 255, 1)">💵</span> <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG" target="_blank">SALT Lending </a>- Get access to your BTC Value w/out Selling</li></ul></p><br /><br /><strong>LINKS:</strong><br /><ul><li><a href="https://x.com/pledditor/status/1866803778571342128?t=E9EIlRX-vHxbQ8g23lQU3A" target="_blank">Bitcoin has now become MSNBC's new obsession. </a></li><li><a href="https://x.com/River/status/1831374555530830304" target="_blank">River: Bitcoin Ownership Distribution</a></li><li><a href="https://www.opensecrets.org/outside-spending/detail/2024?cmte=Fairshake+PAC&tab=donors" target="_blank">Top Organizations Disclosing Donations to Fairshake PAC, 2024 • OpenSecrets</a></li><li><a href="https://www.cnbc.com/2024/10/21/ripple-founder-has-given-more-than-11point8-million-to-harris-campaign.html" target="_blank">Ripple founder has given more than $11.8 million to Harris campaign</a></li><li><a href="https://www.htx.com/feed/community/6132206/" target="_blank">Kamala Harris turns to Coinbase for crypto campaign donations, CFO reveals</a></li><li>S<a href="https://x.com/txmctrades/status/1863660343504843127" target="_blank">ince January, $227 billion of Bitcoin has been activated by long term holders, dwarfing the ETF flows by a multiple.</a></li><li><a href="https://x.com/TuckerCarlson/status/1866543923939729870" target="_blank">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.</a></li><li><a href="https://www.thisweekinbitcoin.show/episodepage/06-debunking-big-blocker-alternative-history" target="_blank">06: Debunking Big Blocker Alternative History</a></li><li><a href="https://www.youtube.com/watch?v=KbKyVuvQ7OU" target="_blank">Google shocks the world with new a chip that could vanquish Nvidia and Bitcoin - YouTube</a></li><li><a href="https://www.youtube.com/watch?v=DmCTDRH_WVM" target="_blank">Gloria Zhao on Bitcoin Core Devs, Network Security Threats and Will There Be A "Block Size" War II? - YouTube</a></li><li><a href="https://x.com/BitcoinNewsCom/status/1866591802221822271" target="_blank">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. </a><a href="https://t.co/GBnZ3UpeXN"" target="_blank">https://t.co/GBnZ3UpeXN"</a><a href="https://x.com/BitcoinNewsCom/status/1866591802221822271" target="_blank"> / X</a></li><li><a href="https://www.bloomberg.com/news/articles/2024-11-16/microstrategy-s-26-billion-bitcoin-cache-is-larger-than-ibm-nike-cash-holdings" target="_blank">MicroStrategy’s $26 Billion Bitcoin Cache Is Larger Than IBM, Nike Cash Holdings - Bloomberg</a></li><li><a href="https://x.com/Dennis_Porter_/status/1865838523741581635" target="_blank">Amazon shareholders have submitted a request for the $2.3 Trillion company to explore adding Bitcoin to its treasury.</a></li><li><a href="https://www.youtube.com/watch?v=lYKRpK7Q2LY&si=2LxIJUJwtibvbGJS" target="_blank">Is It 'Crazy' for the US to Have a Bitcoin Reserve? - YouTube</a></li><li><a href="https://www.youtube.com/watch?v=U3cRv42xT1k" target="_blank">Senate Republicans propose Bitcoin national reserve - YouTube</a></li><li><a href="https://www.wsj.com/finance/currencies/bitcoin-supply-limit-crypto-value-29e068b4" target="_blank">Behind Bitcoin’s Rally Is a Simple Fact: Supplies Are Limited - WSJ</a></li><li><a href="https://www.youtube.com/watch?v=et0o6OZyL7U&si=J-rUpNH2ksw0JiBE" target="_blank">Hawaii local news covers Bitcoin adoption in the state with cameos - YouTube</a></li><li><a href="https://x.com/timkotzman/status/1865832907597807992?t=E9EIlRX-vHxbQ8g23lQU3A" target="_blank">The National Center for Public Policy Research has submitted the attached shareholder proposal for consideration at the 2025 annual shareholder meeting. </a></li><li><a href="https://www.egyptindependent.com/china-discovers-worlds-largest-gold-mine/" target="_blank">China discovers world's largest gold mine - Egypt Independent</a></li><li><a href="https://elsalvadorinenglish.com/2024/11/27/el-salvadors-gold-reserves-worth-3-billion-president-bukele-highlights-economic-potential/" target="_blank">El Salvador’s Gold Reserves Worth $3 Billion: President Bukele Highlights Economic Potential. – El Salvador in English</a></li><li><a href="https://www.cnbc.com/2024/12/11/cpi-inflation-november-2024-annual-inflation-rate-accelerates-to-2point7percent-in-november-as-expected.html" target="_blank">CPI inflation November 2024: Annual inflation rate accelerates to 2.7% in November, as expected</a></li><li><a href="https://atlas21.com/russia-mp-proposes-a-strategic-bitcoin-reserve/" target="_blank">Russia: MP proposes a strategic Bitcoin reserve</a></li><li><a href="https://www.nobsbitcoin.com/wabisabi-vulnerability-allows-malicious-coordinators-to-deanonymize-coinjoin-users/" target="_blank">WabiSabi Vulnerability Allows Malicious Coordinators to Deanonymize Coinjoin Users</a></li><li><a href="https://www.coindesk.com/news-analysis/2024/12/02/microstrategy-looks-poised-to-join-influential-nasdaq-100-index-here-s-what-that-means-for-the-stock?ref=tftc.io/" target="_blank">MicroStrategy Poised to Join Nasdaq-100 Index</a></li><li><a href="https://x.com/EricBalchunas/status/1866595936983716168" target="_blank">Eric Balchunas on X: "$MSTR is likely to be added to $QQQ on 12/23 (w/ announcement coming 12/13). Moderna likely to get boot</a></li><li><a href="https://x.com/intangiblecoins/status/1866100432734400840" target="_blank">Alex Thorn on X: "🚨 “SELL THE PAST, BUY THE FUTURE” </a></li></ul><strong>Crypto Illicit Transaction Volume</strong><br /><ul><li>Illicit transactions constituted only 0.34% of the total on-chain transaction volume for 2023</li><li>The total value received by illicit cryptocurrency addresses dropped to $24.2 billion in 2023</li></ul><strong>Breakdown of Illicit Activities</strong><br /><ul><li>Transactions involving sanctioned entities accounted for $14.9 billion, representing 61.5% of all illicit transaction volume analyzed.</li><li>Crypto scams and hacking revenue both decreased significantly, with total illicit revenue down 29.2% and 54.3%, respectively.</li></ul><strong>Stablecoin Usage<br /></strong><br /><br /><br /><ul><li>Stablecoins accounted for the majority of criminal transactions for the second consecutive year, aligning with the recent increase in stablecoin share of all crypto activity.</li></ul><em>Citations:</em><br /><ul><li><a href="https://www.mariblock.com/crypto-crime-2023-exceeded-24-billion-chainalysis/" target="_blank">Crypto crime in 2023 exceeded $24 billion: Chainalysis</a></li><li><a href="https://thefactcoalition.org/us-financial-secrecy-fuels-illicit-financial-flows-from-environmental-crimes-new-report-finds/" target="_blank">US Financial Secrecy Fuels Illicit Financial Flows from Environmental Crimes, New Report Finds</a></li><li><a href="https://proxy.parisjc.edu:8293/statistics/1410685/illicit-crypto-transactions-worldwide/" target="_blank">Illicit cryptocurrency transactions global 2023 | Statista</a></li><li><a href="https://www.trmlabs.com/post/new-report-the-2023-illicit-crypto-economy" target="_blank">New report: The 2023 Illicit Crypto Economy | TRM Insights</a></li><li><a href="https://sdgpulse.unctad.org/illicit-financial-flows/" target="_blank">Efforts to track illicit financial flows need scaling up – UNCTAD SDG Pulse 2024</a></li><li><a href="https://www.chainalysis.com/blog/2024-crypto-crime-report-introduction/" target="_blank">2024 Crypto Crime Trends from Chainalysis</a></li><li><a href="https://www.imf.org/en/About/Factsheets/Sheets/2023/Fight-against-illicit-financial-flows" target="_blank">The IMF and the Fight Against Illicit Financial Flows</a></li><li><a href="https://www.trendmicro.com/en_us/research/24/g/crypto-crime-2024-report-part-i.html" target="_blank">An In-Depth Look at Crypto-Crime in 2023 Part 1 | Trend Micro (US)</a></li><li><a href="https://carnegieendowment.org/research/2024/11/illicit-financial-flows-africa-tax?lang=en" target="_blank">African Strategies to Combat Illicit Financial Flows | Carnegie Endowment for International Peace</a></li><li><a href="https://www.trmlabs.com/the-illicit-crypto-economy-report" target="_blank">The Illicit Crypto Economy Report</a></li><li><a href="https://unctad.org/statistics/illicit-financial-flows" target="_blank">Illicit Financial Flows | UNCTAD</a></li><li><a href="https://www.reuters.com/technology/illicit-crypto-addresses-received-least-242-bln-2023-report-2024-01-18/" target="_blank">Illicit crypto addresses received at least $24.2 billion in 2023 - report | Reuters</a></li><li><a href="https://www.sciencedirect.com/science/article/pii/S2949791424000459" target="_blank">Balancing privacy and public interest in the fight against illicit financial flows: Lessons from an European Case Study - ScienceDirect</a></li></ul><strong>Cash Illicit Transaction Volume</strong><br /><ul><li>According to the UN Office on Drugs and Crime </li><li>the estimated amount of money laundered globally in one year is 2-5% of global GDP <ul><li>or $800 billion - $2 trillion in current US dollars.</li></ul></li><li>The US Treasury estimates that about $300 billion is laundered <strong>annually in the United States alone</strong>, much of it through <em>cash</em> transactions.</li></ul><strong>Music</strong><br /><ul><li><a href="https://wavlake.com/track/19de5d71-4a1b-4db0-aee1-1de9661b33da" target="_blank">5-Watt Rock • Theo Katzman</a></li><li><a href="https://podcastindex.org/podcast/7114678?episode=30604410643" target="_blank">Be the Wheel | 5-Watt Rock | Podcastindex.org</a></li></ul>
