Educational CyberPlayGround NetHappenings NewsLetter
5.6.2021 11AM EST
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The world’s oldest living person was alive when the Wright Brothers flew at Kitty Hawk and when the first helicopter flew on Mars. Now this same person gets to see the technology of money invented for humanity that will change the world forever.
The world has forever changed with technology and engineering.
The invention of electricity, cars, steel, aluminum, trains, planes, the internet, p2p privacy, and now widespread use of bitcoin the technology network of money. Gold will be considered something of value as long as an entire culture thinks it is a way to pass wealth on to the next generation. Bitcoin will surpass gold in value $GBTC is about six weeks away from passing $GLD in assets.
Real Estate: Nearly a third of renters did not pay their rent on 1st April and 30% of mortgages (15 million) could default necessitating another bailout for Fannie Mae and Freddie Mac which were already bailed out once in 2008 to the tune of $238 billion. Now major corporations have entered the single home market and are buy towns, killing the “american dream” for the normal people.
Bitcoin attributes: the blockchain is public, no government can control it, it is Censorship resistant, will cross boarders, cost nothing to store, can be mined from anywhere, no transportation cost, the transaction is settled in seconds, you own the keys you own the crypto, there is no middle man. Transactions are settled in SECONDS not days, weeks, unlike credit cards, and bank accounts that can freeze your account.
Decentralization is the unique concept and the sole basis for its role as the supreme predator of fiat money.
Some believe it is already the world’s reserve currency. Some believe it will prevent the next world war, since the whole world will own it into the future. Of course some of the smart countries own it in the treasury now.
“A long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides. Time makes more converts than reason.” – Thomas Paine (Feb 24, 1776)
DO YOUR OWN RESEARCH
THIS IS NOT FINANCIAL ADVICE
DON’T TRUST VERIFY
Bitcoin Native Financial Services – Unchained Capital
@BTSEcom Apr 11, 2020 @LinaSeiche talks about user privacy at #BTSE
“We don’t work with chain analysis firms; BTSE doesn’t track, flag, or block coins that come from #CoinJoin addresses. We also facilitate #ConfidentialTransactions via the #LiquidNetwork.”
Banks need crypto / bitcoin.
Bitcoin does not need banks.
Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG
₿ For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through their existing accounts, according to crypto custody firm NYDIG.
Banks are asking for bitcoin because they can see their customers sending dollars to Coinbase and other crypto exchanges, according to Yan Zhao, president of NYDIG.
After rolling out the initial bitcoin product, NYDIG plans on other services, including debit card rewards paid in bitcoin and a new type of bank account that is FDIC insured, but pays interest in bitcoin, he said.
Banking On Africa – The Bitcoin Revolution (full documentary) – True Story
As the world races to lead the way in blockchain technology, could Africa have an advantage? This documentary follows the journeys of two African Bitcoin pioneers, Alakanani Itireleng (Founder of the Satoshi Centre, Botswana) and Lorien Gamaroff (Founder of Usizo). Exploring their hopes for this technology and how it could be used to improve the lives of millions of people, experts in finance, economics and technology weigh in with a mix of industry research, opinions and passion for what the future global economy could hold. And, with much of the developed world’s banking system becoming increasingly unstable, this documentary starts a conversation about cryptocurrency and Africa leapfrogging problems to live in a better global financial system.
American Monopoly is SO STUPID for our Citizens
A New York state law mandating high-speed broadband costs of $15 or $20 a month for low-income families has drawn a lawsuit from telecommunications groups. The groups say the law, which requires such pricing to be in effect by mid-June, runs afoul of broadband industry deregulation by the Federal Communications Commission
https://arstechnica.com/tech-policy/2021/04/isps-sue-new-york-to-block-law-requiring-15-broadband-for-poor-people/
Comparison Of Bitcoin’s Environmental Impact – it’s nothing in comparison to mining for diamonds, other precious stones, coal, metals for pennies, dimes, quarters, in all currencies, trees for paper money, dyes for paper money. It will be the force behind all the green energy that we want to be used.
Bitcoin will dethrone all the Dictatorships of the World
Bitcoin Magazine: “UNCOVERING THE HIDDEN COSTS OF THE PETRODOLLAR W/ @Gladstein
https://www.pscp.tv/BitcoinMagazine/1jMJgpOdZeWxL
and
https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-petrodollar
Pantera Capital CEO Dan Morehead Predicts Bitcoin (BTC) Price of $115K by August 2021 Dan Morehead on Twitter: “This is getting ridiculous. A year ago we predicted Bitcoin hitting $62,968 this week. It just did. This Bitcoin rally is EXACTLY like previous halvings. Likely to reach $115k by August. April 2020 Investor Letter
Five Orders Of Magnitude
https://panteracapital.com/blockchain-letter/five-orders-of-magnitude/
Bitcoin Resources
https://bitcoin-resources.com/
Read $$ save money car insurance pay per mile
https://www.bloomberg.com/news/articles/2021-04-13/allstate-s-pay-per-mile-policies-boom-in-the-work-from-home-era