So much Winning
– ETFs make banning bitcoin extremely difficult
– The SEC understands this, which is why approving them has been such a pitched battle
– Approval made sure that legal bitcoin will be around for a very long time
Google to start allowing #Bitcoin ETF ads in 4 days — effective from 29th of January.
@DarinFeinstein
There is $11 Trillion dollars in physical gold chasing $250 Trillion dollars in paper gold because the is no transparency to the asset.
It is hoarded, controlled, and monitored in secret by 200 governments on the planet.
#Bitwise flipping that model, great job.
@BitwiseInvest
Announcement: Today the Bitwise Bitcoin ETF (BITB) becomes the first U.S. bitcoin ETF to publish the bitcoin addresses of its holdings.
Now anyone can verify BITB’s holdings and flows directly on the blockchain.
https://twitter.com/BitwiseInvest/status/1750224060620111912/photo/1
Good luck with doing such verification on gold. This is the beauty of bitcoin.
February 16, 2023 – For more than 40 years, the London Interbank Offered Rate—commonly known as Libor—was a key benchmark for setting the interest rates charged on adjustable-rate loans, mortgages and corporate debt. Over the last decade, Libor has been burdened by scandals and crises.
So what is this LIBOR scandal about? Basically it comes to this. Just recently, Barclays has been caught manipulating LIBOR and EURIBOR and was fined $US 450 million in total on 27 June 2012. They artificially lowered the LIBOR rate. It wasn’t only Barclays. JPMorgan Chase, Bank of America, Citibank and Deutsche Bank were all involved and were recently sued by the city of Baltimore on LIBOR manipulation. As a result, central banks are trying to reform LIBOR.
So what is the magnitude of this artificial lowering of LIBOR?