BITCOIN IS THE WINNER
Hard Money You Can’t F with
The world’s best savings technology ever invented for mankind.
Everything gets more affordable over time when priced in #Bitcoin
JUST IN: In the last 24 hours, every single member of Congress received a copy of one of the three following books:
– The #Bitcoin Standard
– Layered Money
– A Progressive’s Case for #Bitcoin
The 🇺🇸 US Capital is buzzing with talks of BTC this morning 🙌
Good luck, and may the force be with us.
You can buy $1.00 or $10.00 a day or once a every week it doesn’t matter, just start stacking sats.
IT’S NEVER TOO LATE TO START
The path of least resistance does not involve trading or timing the market.
It’s way more simple than that, yet most choose the hard path & lose.
Nearly every #bitcoin only daily DCA’er (DOLLAR COST AVERAGE) is now in profit, no matter when they first started dollar cost averaging. When the entire orange line goes below the dotted white line, that’s when ALL daily DCA’ers are in profit.
Nearly everyone who dollar cost average bought #bitcoin is now profitable.
Bitcoin hit a low of $15,683 on November 9, 2022.
Bitcoin is up 100% since then. All time High was $68.00
BTC 2009 – 2023
Just us chickens bought into the crypto market turning it into 1 Trillion Dollars all thanks to the power and glory of the internet, where information and knowledge wants to be free.
The internet has fulfilled it’s promise 100%!!
While the rest of the world is innovating, getting their rules and regs together the US is stuck with Gary Gensler (SEC Chair Gary Gensler faces ethics probe over Sam Bankman-Fried relationship – New York Post) keeping things in the past using 100 year old rules and bring lawsuits instead of legislating. The CFTC thinks it’s stupid and they can work with the SEC to make things right but the SEC doesn’t want to.
All the while we are stuck the Banks have moved into position and filed to get the Bitcoin Spot EFT, which everyone else in the world has had for years.
Once Gary says OK to Blackrock ( it’s a done deal don’t you think) then he will also have to say ok to all the other banks who are asking for the same thing. Trillions will start to move into Bitcoin. Even if Gary had the chutzpa to say no nothing stops BTC anyway but it does stop inovation for America which will cause Gary to live in hell and everyone will hate the SEC and Congress.
REMEMBER AND APPRECIATE
I was on the internet in 1991 then in 1994 they allowed business to get on.
HOW STUPID YOUR TV TALKING HEADS ARE THAT YOU KEEP WATCHING
CNBC declaring the death of #Bitcoin at $6,000, 5 years agoNEWSWEEK 1995 “Nobody needs the Internet. It is full of Hucksters, Fraudsters, Scam Artists!“
2023 JUST IN:
International Monetary Fund says countries banning crypto may not be effective in the long run. Banning crypto may not be the best way of mitigating the associated risks, the International Monetary Fund said.
The Financial Services and Markets Bill, which seeks to regulate #stablecoins and #crypto assets, has been approved by the House of Lords, the second chamber of the UK Parliament.
Brazil’s largest bank, $2 trillion Itaú joins national association to defend #Bitcoin and crypto. “We will actively contribute to its development”
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
The traditional finance giant has been rumored to be seeking the status for years. CACEIS, the asset servicing arm of banking giants Crédit Agricole and Santander, has been registered by French regulators to provide crypto custody services. $5 trillion French asset manager CACEIS to offer #crypto custody services.
THE MONEY IS HERE
#Bitcoin is the Solution to the Housing Crisis.
JUST IN: EDX Markets, the new exchange launched this week by finance giants Fidelity, Charles Schwab and Citadel, is onboarding institutions and financial firms exclusively! The market goes from 1 Trillion to exponetial 15 Trillion growth.
While BlackRock’s actions could pave the way for a wave of institutional investment products centered around the crypto market, some experts have argued that even a 0.3% allocation of BlackRock’s fund could buy all Bitcoins and XRPs on exchanges.
The untapped potential of #stablecoins for global transactions bloomberg
According to Microstrategy’s Michael Saylor, regulators perceive no “legitimate path forward” for #cryptocurrencies such as #stablecoins, crypto securities, and tokens THEN
6/17/23 A seismic shift for #Bitcoin by 2024, predicts #MicroStrategy’s Michael Saylor Amid regulatory challenges, he emphasizes the need for clear rules to foster digital asset growth #CryptoRegulations #Stablecoins #BTC
6/22/23 SAYLOR #Bitcoin now has the support of presidential candidates, regulators, legislators, money managers, bankers, investors, and the general public. The future will bring a parade of positives for those intent on proliferating bitcoin as an instrument of economic empowerment.
June 22,2023 “The U.S. House Financial Services Committee will vote on legislation aimed at creating a clearer pathway for digital assets to move from a security to a commodity, as well as a comprehensive framework for #stablecoins, in July.”
NOTICE THE TIMING
After big institutions like #BlackRock , #Fidelity apply for #Bitcoin ETF FED Chair Jerome Powell says “we see stablecoins as a form of money.” The game is being played in real time 👀
#Fed Chair Powell says #crypto appears to have staying power in the U.S. economy and payment #stablecoins are a form of money.
The glaring omission in stablecoin legislation
What’s the Proposed Stablecoin Bill?
On April 15, a 73-page draft bill was announced as a product of bi-partisan efforts by Congress, which is said to be the first comprehensive proposed law for ‘Payment Stablecoins.’ The ‘McWaters Bill’ is the nickname given to the legislative brainchild of House Financial Services Chair ‘Patrick McHenry’ and Ranking Member ‘Maxine Waters,’ who spearheaded the efforts in 2022 to build a regulatory framework for payment stablecoins at the Federal level.
Ugh OH
The Fed said this would be only $25B. And they wouldn’t need to use it. Now it’s past $100B.
We’re just getting started.
I dug into this a bit and it’s actually worse. The cap on the program isn’t $25B. The cap was left unstated! Yes, $25B was the only number in the announcement. But it’s pocket change. Just there to pay for losses. The actual BTFP program is way bigger. Already $100B+
Usage of the Fed’s BTFP emergency loan facility rose to $102.7 billion this week
The FDIC accidentally posted an un-redacted document showing that the big VC firm Sequoia had $1 billion on deposit at SVB when it collapsed
The Big Names That Got Backstop for Billions in Uninsured SVB Deposits Sequoia, Chinese tech firm Kanzhun among largest depositors. Out of the $15.8B bailout, $13.2B was for 10 firms, one of them Sequoia!! The government bailed out USDC and the entire shitcoin market when they bailed out SVB – few understand this. American taxpayer just bailed out a Chinese corporation. Bravo, Janet Yellen and co. Bravo.
New document shows top 10 customer balances at failed lender
Circle Internet is the USDC the stablecoin.
@Leerzeit Let me get this straight: For more than two years, we have put forward the “conspiracy theory” that JPMorgan systematically bribed the SEC under Trump to obtain a regulatory monopoly for its own Crypto technologies. Now it comes out that JPMorgan deleted 47 million emails from the most suspicious period before the Hinman speech, which just happen to be part of current subpoenas and investigations. And they coincidentally forgot to save all other text messages and reports during the Trump administration too.
https://twitter.com/Leerzeit/status/1672181593920753666
BONUS
RFK Jr. Super PAC has deep Ties to Marjorie Taylor Greene and George Santos
SUPREMELY CORRUPT
Sen. Dick Durbin (D-IL)
“There is something rotten going on in the US Supreme Court.”
What is @SenatorDurbin going to do about it?
Boot out the Unjustices and replenish the Supreme Court with honorable, honest Judges with term limits. These justices have lifetime positions – three appointed by a president charged with Espionage.
Success of fascism requires Religious tyranny
When Jerry Falwell & Catholic Deacon Paul Weyrich founded the Federalist Society, fascistic billionaires seized the opportunity to purchase a 40 year crusade to weaponize SCOTUS with religious zealots.
The Billionaire Buddy program SCOTUS has is just SO cute.
Leonard Leo seems to be the skilled matchmaker. Every Conservative Billionaire gets their very own Supreme Court Justice to have sleepovers and fun vacations.
· Justice Thomas received lavish trips and gifts from megadonor Harlan Crow – who had business before the Supreme Court.
· Chief Justice Robert’s wife – Jane Roberts made $millions in commissions recruiting for firms that regularly did business before the Supreme Court.
· Justice Gorsuch sold land to Brian Duffy – CEO of a law firm who often has cases before the Supreme Court.
· Justice Alito flew to Alaska aboard a private jet provided by Paul Singer, a hedge fund billionaire, who had business before the Supreme Court.