Bitcoin Pumps As Biden Dumps
In a world in which bitcoin exists, you are not powerless against the whims of a central government that has lost control.
In a world in which bitcoin exists, you are not powerless against the whims of a central government that has lost control.
Earlier today the Federal Reserve Bank of New York released a report on the state of consumer credit. Dissecting data across student, auto, mortgage credit card, and other similar types of loans that US consumers have taken out and painting a bleak picture of the state of the average American.
The sector of the economy that seems to be on the top of everyone's mind is commercial real estate. The combination of economic lockdowns driving people out of their expensive office buildings and into their home offices and a precipitous increase in the cost of capital has created a perfect storm.
Earlier today, the Biden Administration announced an emergency data collection initiative targeted at bitcoin mining operations in the US via the US Energy Information Administration, an "independent" sub-agency of the Department of Energy.
It is important to be clear here. The only thing these requirements will accomplish if they are written into law is the prevention of European citizens from reaping the benefits of the most radically liberating technology humanity has come into contact with in centuries.
Many will view the move by Governor Abbot, and now 25 other governors, as a move to undermine the union, but nothing could be further from the truth.
Klaus Schwabb and his team at the World Economic Forum are hosting a meeting of the most corrupt and delusional of minds to brainstorm about how they can con the global public into accepting Totalitarian policies that will erode civil liberties and sovereignty.
In a world in which bitcoin exists, you are not powerless against the whims of a central government that has lost control.
Earlier today the Federal Reserve Bank of New York released a report on the state of consumer credit. Dissecting data across student, auto, mortgage credit card, and other similar types of loans that US consumers have taken out and painting a bleak picture of the state of the average American.
The sector of the economy that seems to be on the top of everyone's mind is commercial real estate. The combination of economic lockdowns driving people out of their expensive office buildings and into their home offices and a precipitous increase in the cost of capital has created a perfect storm.
Earlier today, the Biden Administration announced an emergency data collection initiative targeted at bitcoin mining operations in the US via the US Energy Information Administration, an "independent" sub-agency of the Department of Energy.
It is important to be clear here. The only thing these requirements will accomplish if they are written into law is the prevention of European citizens from reaping the benefits of the most radically liberating technology humanity has come into contact with in centuries.
Many will view the move by Governor Abbot, and now 25 other governors, as a move to undermine the union, but nothing could be further from the truth.
Klaus Schwabb and his team at the World Economic Forum are hosting a meeting of the most corrupt and delusional of minds to brainstorm about how they can con the global public into accepting Totalitarian policies that will erode civil liberties and sovereignty.
If you freaks think BlackRock and other titans of Wall Street getting into bitcoin is bullish for the price, just wait until a string of nation states declare that they deem bitcoin is a valuable asset to hold on their balance sheets.
Last week marked a pivotal moment for the Fedimint open-source protocol with the launch of Fedimint v 0.2.1. Over two-and-a-half years ago, bitcoin developer Eric Sirion released a prototype for a Chaumian Mint built on top of bitcoin.
Bitcoin's purpose is much higher than increasing the net worth of those who hold it (or hold exposure to it). Bitcoin is freedom money and the siren calls of wealth and convenience are on their way to undermine the mission.
One story line that has been swept under the rug in the midst of the excitement over the seemingly imminent spot bitcoin ETF approvals is the fact that a new IRS reporting requirement pertaining to bitcoin transaction went into effect on Monday.
Today is a better day than most to put the current problems people are facing into perspective. To do this, let's take a look at what the monetary and debt landscape looking like around the time bitcoin was launched.
Earlier today, Jerome Powell took to Capitol Hill to announce that the Federal Reserve will be holding rates where they are for the time being in an effort to get the inflation rate back toward its 2% target.