TD₿: Bitcoin Ready to Rocket – and You Are Still So Early! - (a Swan original video) with Hurley
TL;DR: Bitcoin tops $100K, but still lags in gold terms. Bullish signs: corporate demand outpaces supply 3-to-1, miner profits up, and BTC nears gold ATHs. Plus what FT’s hit piece on Saylor reveals.
Hey Bitcoiners,
Bitcoin is entering what many believe could be its parabolic phase, with bullish fundamentals stacking up: corporate demand is outpacing new supply 3-to-1, miner profitability is surging, and BTC is pressing against gold all-time highs.
Institutional interest continues to rise, especially through the leveraged Bitcoin equity model pioneered by Michael Saylor’s MicroStrategy. While this introduces some long-term risk, it signals a new era of corporate Bitcoin strategy, backed by stronger fundamentals, post-halving supply shock, and geopolitical tailwinds like U.S. policy shifts under a pro-Bitcoin administration.
Amid this momentum, the Financial Times released a documentary mocking Saylor and MicroStrategy—only to inadvertently highlight how misunderstood Bitcoin still is. FT analyst Katie Martin, who infamously shorted MSTR and lost big, admits she still doesn’t get Bitcoin, even after researching for the film.
Her confusion and analogies (like comparing Bitcoin to her teeth) went viral, becoming instant meme material across Bitcoin Twitter. Yet the real takeaway is clear: mass misunderstanding remains high, reinforcing just how early we still are in this monetary revolution.
Tick tock next block,
The Swan Education Team
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Quote of the Day
“Thinking in Bitcoin is powerful, but it takes time. It is this mental switch.”
- Tuur Demeester
Job of the Day
Senior Software Engineer, Self-Custody & Security
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$100-200k (Annually)
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Swan is looking for a Mid to Senior Level Developer to contribute to the continued growth and development of our flagship Swan Vault and future self-custody and collaborative custody offerings, as well as broader account security and risk related features of the Swan product, such as withdrawal and authentication flows. We want passionate Bitcoiners who are self-motivated and can take ownership of projects and tasks.
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Story breakdowns and estimation to guide development efforts
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Skills and experience that will help you succeed
At least 2 years Bitcoin-related software engineering
At least 5 years full-stack software engineering
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A solid foundation of Bitcoin self-custody solutions
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We’re a growing team: Fully distributed across the world, Slack and Huddles are huge here.
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In the Headlines
Méliuz Becomes First Brazilian Bitcoin Treasury Company with $28.4M BTC Purchase Approved by Shareholders
Brazilian publicly listed company Méliuz has officially become the first corporate entity in Brazil to adopt Bitcoin as a treasury reserve asset, following its $28.4 million acquisition of BTC.
The vote was ratified with overwhelming shareholder approval and Méliuz’s move marks a watershed moment in the institutional adoption of digital assets in Latin America.
Swan Shortie of the Day
Event of the Day
The Bitcoin Conference 2025 is scheduled to take place in Las Vegas from May 27 to May 29, 2025, at The Venetian Las Vegas. This event is the world's largest gathering of Bitcoin enthusiasts and industry professionals, featuring talks by thought leaders and industry innovators, and attracting over 30,000 attendees.
Las Vegas is also home to several cryptocurrency companies, including CleanSpark, which specializes in sustainable infrastructure for Bitcoin and aims to promote financial independence and inclusion.
Bitcoin Conference 2025: The world's largest Bitcoin event, scheduled for May 27-29, 2025, in Las Vegas.
CleanSpark: A Bitcoin company based in Las Vegas that focuses on sustainable Bitcoin infrastructure.
Las Vegas Tax Attorneys: Experts providing consultations on Bitcoin tax issues.
Tickets for the Bitcoin Conference 2025 can be purchased through Eventbrite, and the event times are from 9:00 AM to 5:00 PM daily.
Meme of the Day
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