Tag: bitcoin

Your Credit Score Should Be Based on Your Web History

BITCOIN FIXES THIS
Fix the money, fix the world.

If you don’t understand #Bitcoin you shouldn’t be voting on anything related to it. Do. The. Homework. There are some important lessons from this about the antics in Washington. First: This is what happens when bills are drafted behind closed doors without input from experts and stakeholders. The bitcoin and crypto industry is full of young, talented, wealthy, and engaged citizens.
Don’t ever bet against what they can accomplish. Bitcoinrs don’t need the favor of lawmakers, congress or even the US to keep growing. Satoshi is a genius. The first country to truly understand it. will be greater and greater.

“Since China kicked out the #bitcoin miners, allegedly because of energy production, but we all know it’s because they don’t want the competition for the digital yuan.” – US Senator Cynthia M. Lummis

2008/8/18
On this day 13 years ago, in a quiet corner of the internet, a person using the name “Satoshi Nakamoto” purchased the bitcoin.org domain name. Less than a month later, fate would smile on Nakamoto when Lehman Brothers filed for bankruptcy triggering the 08’ collapse.

The richest person in the world will one day be the nameless, egoless founder of an open source project. Imagine the kind of example this will set on future generations.

August 15 1971
50 years ago today, on August 15, 1971, President Nixon suspended the convertibility of the US dollar into gold.

#Bitcoin is for everyone.
46 million Americans now hold #bitcoin. Your neighbors hold it. Your friends hold it. The amount of users, and people relying on it, are growing at a faster pace than even the Internet did.

~1,000 days until the next #Bitcoin Halving.

Of course Walmart is hiring a cryptocurrency product lead, which means Amazon is next.

Bitcoin Holdings in ETFs and Corporate Treasuries
Metromile, the NASDAQ-listed ($MILE) car insurance company, has purchased $1 Million worth of #bitcoin —with a goal of acquiring $10 Million in total this quarter.

Jack Mallers @jackmallers
8/19/2021 Today, Strike https://strike.me/ became the best remittance option from the US to Nigeria without even trying.
How? Did we spend a year setting up the Strike network in Nigeria?
No, there is no Strike network. Someone else simply joined the #Bitcoin network.

Open networks win. You can’t compete.

Zap: Lightning Network Wallet

Quebec, Canada alone has enough hydroelectric power to operate the entire #Bitcoin Network. Yeah, the entire thing.
Canada as a whole has 400 TWh of hydroelectric capacity.
#Bitcoin runs on only 129 TWh.

BIS / IM

BIS / IMF / CENTRAL BANKS
ARE PRIVATELY OWNED
there is NOTHING FEDERAL ABOUT IT

YOUR SEARCH HISTORY AND YOUR PRIVACY

IT IS UP TO YOU TO PROTECT YOUR OWN  WEB HISTORY DELETE YOUR SEARCHES

Your Credit Score Should Be Based on Your Web History, IMF Says
https://gizmodo.com/your-credit-score-should-be-based-on-your-web-history-1845912592
With more services than ever collecting your data, it’s easy to start asking why anyone should care about most of it. This is why. Because people start having ideas like this.
In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper that examines the current relationship between finance and tech as well as its potential future. Gazing into their crystal ball, the researchers see the possibility of using the data from your browsing, search, and purchase history to create a more accurate mechanism for determining the credit rating of an individual or business. They believe that this approach could result in greater lending to borrowers who would potentially be denied by traditional financial institutions.
At its heart, the paper is trying to wrestle with the dawning notion that the institutional banking system is facing a serious threat from tech companies like Google, Facebook, and Apple. The researchers identify two key areas in which this is true: Tech companies have greater access to soft-information, and messaging platforms can take the place of the physical locations that banks rely on for meeting with customers.

Meet the Two Congressmen Who Facilitated Today’s Derivatives Nightmare at Wall Street’s Mega Banks
By Pam Martens and Russ Martens: August 19, 2021 ~
Former Congressman Randy Hultgren Is Now President and CEO of Illinois Bankers Association
When high risk derivatives start blowing up again at Wall Street’s mega banks and tanking the U.S. economy, be sure to send your thoughts along to these two men: former Congressman Randy Hultgren (R-IL) and former Congressman Kevin Yoder (R-KS). You can reach Hultgren at the Illinois Bankers Association where he now sits as President and CEO after losing his seat in Congress in the 2018 election. Yoder…wait for it…is a registered lobbyist at Hobart Hallaway & Quayle Ventures after also losing his seat in the general election of 2018.

The New York Fed Is Not the Only Place Obsessed with Market Intelligence Gathering; the U.S. Treasury Does the Same Thing in a Secure “Markets Room”
By Pam Martens and Russ Martens: August 18, 2021 ~
Trading Floor at the New York Fed (Obtained by Wall Street On Parade from a Fed Educational Video)
Before daybreak on any business day in lower Manhattan, the glow of lights from Bloomberg terminals illuminate windows at 33 Liberty Street, home of the New York Fed. The New York Fed not only has its own trading floor with speed dials to the Wall Street trading houses, but it also has its own global markets intelligence gathering group, called simply the Markets Group.

After Taking Millions in Speaking Fees from Wall Street, Treasury Secretary Yellen Redacted 73 Meetings or Phone Calls in First 3 Months in Office By Pam Martens and Russ Martens:August 13, 2021
After stepping down as Fed Chair on February 3, 2018, Janet Yellen began a whirlwind of speaking engagements that netted her millions of dollars over the next two years. But when it came time to disclose those fees after she was nominated by President Biden to become Treasury Secretary, Yellen disclosed only the fees she had made in 2019 and 2020, not the millions she had made in fees in 2018. What Yellen did disclose showed more than $7 million in speaking fees, with the bulk of that coming from Wall Street banks, trading houses and hedge funds.

Point of View regarding Bitcoin and Coinbase

POV POINT OF VIEW

THANK YOU SATOSHI WHOEVER YOU ARE

This is only the beginning. We are in the Age of Digital Finance, where money and  software is native to the internet.
This is the single most important event in the history of money and humanity. It is optimism for everyone. Crypto redefines money and information, the two fundamental ways the world coordinates.

Think of Satoshi’s White paper and Bitcoin as a startup.

The public includes anyone who learned about investing in bitcoin.  Citizens around the world invested. People hoped to make bitcoin become accepted as something real – viable currency  – store of value. For the past 12 years they endured having  the startup go down and pronounced dead then watch it come back to life many, many times. This was a struggle for normal people, and a normal struggle that every startup expects to goes through.

Think of these normal people as investors who had to believe in something. They believed this bitcoin was a  way to change the world and make it better for mankind. This is exactly what they believed when they released the internet also. Satoshi’s white paper came after the 2008 world collapsed because of the disgusting bankers and politicians.  This idea could free everyone from a manipulated market where everything always crashed and only the .01% untouchable made  more money while never paying taxes.

The lone voice versus all the smart people across the table.

Think of all the years  the normies  told their friends and family about the opportunity  they had to make the world a better place, if they just bought bitcoin. And then be  told “no” – they would never do it- that it was garbage, a stupid scheme, con job, and that the law will come and shut it down. It would never be worth anything.

These initial normies, the investors, who managed to stay in the fight and endure the pressure of losing all their money happened over and over again through the years. Bitcoin never died.

Ironically,   the smart money is only getting in now cause that wasn’t legal for them to invest in the first place. Isn’t that funny?  Only the hoi polloi decided to buy bitcoin. Now all the “smart” money knows if crypto isn’t in their treasury the value of $$$$ USD puts them at risk, so they have to buy it!

This  is a very good result. This is the opportunity of lifetime. This is transformational wealth and  we get to  watch life change for everyday people who in the beginning had a good heart and wanted the internet to make the world a better place. ~ Amen

It’s like 1994 all over again. It is THAT exciting!!!!
From the Hippies in the 60’s who envisioned the internet and tried to make knowledge / information be free that created a blockchain financial platform that used the power of 1’s and 0’s  to free the digital energy  changed humanity.

Coinbase is unlike any market debut Wall Street has ever seen.

The Industrial Age

The money of humanity in the industrial age was  gold, silver, stocks and bonds artifacts left over from Monarchy,  Colonialism, Piracy and War.

The Internet is born

the first domains

The Digital Age

The The Dot.Com Era
Goggle 1997
May 15, 1997 Amazon an online bookstore held it’s IPO. It was valued at $438 million.  In 2017 it was the fourth largest public company in the United States with an annual revenue  that exceeds $150 billion.

The Information Age

Where the digitization of money built for the internet changes humanity forever.

CryptoEconomy is Born

Bitcoin is 12 years old.  Coinbase, was founded in 2012 has preliminary results for the first quarter of 2021, with revenue surging to US$1.8 billion. The IPO will trade under the ticker COIN and list 114,850,769 shares on the NASDAQ with an initial valuation of US $100 billion.

Coinbase’s rich valuation is tied to bitcoin and ethereum prices.

The long-term value of the company goes way beyond those two currencies and will come from a shift in the structure of finance and online marketplaces.

Coinbase Global Inc COIN:NASDAQ

https://www.cnbc.com/quotes/COIN

Coinbase Global, Inc. is a financial technology company that provides end-to-end financial infrastructure and technology. It is primarily focused in building cryptoeconomy, a transparent financial system enabled by crypto that leverages crypto assets, a digital asset that is build using blockchain technology. Its platform enables approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries to participate in the cryptoeconomy.

C/O The Corporation Trust Company
1209 Orange Street
Wilmington, DE
19801 United States

https://www.coinbase.com/

Coinbase Current estimate

Coinbase shares will now open at $340, not $250 like widely expected. The last time “I” remember an IPO disparity this big was Amazon. If you had invested $10K in Amazon back then, you would have around $29 million today.

[was] Coinbase gets reference price of $250 per share from Nasdaq ahead of today’s direct listing

Nasdaq gave Coinbase a reference price of $250 a share ahead of Wednesday’s planned direct listing, which would value the cryptocurrency exchange at about $65.3 billion on a fully diluted basis.

Currently —-> $COIN Coinbase Global, Inc.  $337.28 3:20 pm 4/14/21 https://www.nasdaq.com/market-activity/stocks/coin

Coinbase is set to become the first major crypto business to go public in the U.S. and, should it reach a $100 billion market cap, will instantly be one of the country’s 85 most valuable companies. The company’s value has soared in the past year alongside bitcoin and ethereum, the primary currencies traded on the site.

Bitcoin Price Prediction: Why Bitcoin Could Rocket To $400,000 In 2021 ~ Forbes

Would you still think you were too late to buy #Bitcoin if you read that it was going to $1 million over the coming years?

Perspective “trickle-down economics”
Stock Market crashed 1929, 1987, 1992, 1997, 2000, 2007-08,

1997 Bernie Madoff was the perpetrator of the largest Ponzi scheme in history.  He cheated clients out of billions of dollars.

2007-8
TARP, the federal government rescued hobbled financial institutions; it also assumed control of other agencies, like troubled mortgage-market-makers Fannie Mae and Freddie Mac. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 regulated swaps and other exotic investments for the first time and led to the creation of the Consumer Financial Protection Bureau. 

THE BANKERS AND POLITICIANS HAVE  ROLLED BACK & OVERTURNED ALL THE CONSUMER PROTECTION LAWS THAT WERE PUT IN PLACE BACK THEN.

2008 SATOSHI WHITE PAPER RELEASED

The COVID-19 Crash of 2020

The definition of inflation – has nothing to do with what THE BIS, IWF, Yellen, Powell or any politician tells you.

You know what inflation is when you have to buy food, buy energy, buy a house or a car. We know what inflation means.

Goldman Sachs CEO David Solomon on CNBC calls for Bitcoin to surpass gold market cap. “I think Bitcoin is on an inevitable path to have the same market capitalization and then a higher one than gold. It’s how fast adoption is happening. Adoption is happening faster than I had predicted.”

#FOMO = FEAR OF MISSING OUT #BITCOIN

PAPA’S GOT A BRAND NEW BAG

Love,

ECP

Bitcoin should go into Pension Funds, and personal IRA’s

THE REVOLUTION
WILL NOT BE TELEVISED

IT WILL NOT BE CENTRALIZED

“Corporations – and thereby capitalism – are a direct product of the colonial exploitation of wealth from other nations. It was a legal assurance by the king that shareholder profits would be properly enforced by the sword or imprisonment. Cryptocurrencies don’t work this way.”

America’s Richest 1% Dodge Taxes On More Than A Fifth Of Their Income, Study Finds

Satoshi dropping the #Bitcoin whitepaper after the financial crisis of 2008…
Fiat value proposition: backed by government #Bitcoin value proposition: divorced from government

Since 2010 bitcoin has been announced as “dead”, “failed”,  or”worthless” .

Year-to-Date Performance: +100%

Historically April is a good month for Bitcoin.

If you don’t understand saving money for the long term, you can’t understand the value of #bitcoin.

Bitcoin is just getting started.

Bitcoin has now transferred over $4 trillion around the world without needing a bank, government, or company.

Bitcoin is now larger than the Australian Dollar (M1).

Did the bears really think billionaires would buy #Bitcoin and then do nothing to help adoption, stimulate interest & defend its value?

Banks offering products for bitcoin is incredible because they spent 10yrs campaigning the world to ban it. Visa using USDC via eth is amazing because that was always the benchmark. “how do we get to VISA size tps” Turns out, being able to reliably finalize is what was needed.

Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.

Fidelity’s Christine Sandler is campaigning to make digital assets part of everyone’s lives. As the head of sales and marketing at Fidelity Digital Assets (FDAS), the investment giant’s bitcoin custody and trade execution business for institutional customers, she’s bridging gaps between old and new finance one partnership at a time—with clients, other companies and her own colleagues. In 2018, Sandler had come out of her two-year retirement to become head of institutional sales at Coinbase. She’d first learned about cryptocurrency years earlier in 2011.

Brazil officially has a 100% Bitcoin ETF approved by the regulators. Yes, one of the biggest exchanges in the world will have a Bitcon ETF

Bitcoin Individual Retirement Accounts (IRAs) Are Growing Fast; What Should Investors Know?

The New Zealand Pension Fund announced a $ 17.5 million bitcoin (BTC) investment in October
It has emerged that a New Zealand fund manager invested $ 17.5 million worth of Bitcoin in October 2020, when BTC was around $10,000. According to James Grigor, the company’s Chief Investment Officer, KiwiSaver Growth Strategy recently invested 5% of its money in Bitcoin.While several investors from KiwiSaver are unhappy with the decision, Grigor believes Bitcoin has become a commodity similar to gold and has many similar features, such as working as a store of value against Fiat hyperinflation. The official told New Zealand news agency stuff:“If you’re happy to invest in gold, you don’t see a discount for Bitcoin.”

Bitcoin is better than gold, it is easier to store, and easier to move.

MIAMI Mayor Francis Suarez @FrancisSuarez @MiamiMayor  @cityofMiami
Francis Suarez says the city should become a “clean energy” mining hub. The United States is able to improve Bitcoin’s environmental issues by providing a clean energy supply that’s “essentially unlimited,” Miami Mayor Francis Suarez has claimed. Francis Suarez believes that mining firms could benefit from Miami’s clean nuclear power sources. Miami is also exploring the possibility of paying employee salaries in Bitcoin. U.S. needs to mine more #bitcoin due to national security reasons, Miami mayor says. Miami Dade are sure to approve. The largest Bitcoin conference has moved to Miami, from LA and will take place in June. “Miami will always strive to be ahead of the curve. Expanding the financial freedom of Miamians is the first step forward towards our modern economy. The Miami mayor has also talked with local utility companies about providing #Bitcoin mining incentives. “Visions of Bitcoin City. Last month, the Republican mayor suggested Miami pay municipal workers and accept tax payments in Bitcoin, as well as invest city funds in the cryptocurrency. Local officials have agreed to study the proposals.”

Brazil’s central bank is revving up its years long effort to bust up the country’s clubby banking industry, using a pandemic-driven shift toward touchless payments to launch its own digital platform. The payment system, dubbed Pix, was set up and is maintained by the central bank instead of private payments players, unlike similar systems in other countries.

89% of bitcoin has already been mined!

Texas chases after Wyoming with crypto law proposal, but challenges remain

DIRTY GOLD
“This isn’t just some two-square-mile area; it’s an area five times the size of New York City, and the area is remote,” reporting on the subsistence mining community behind a multibillion-dollar money laundering conspiracy out of Peru.

EVERY CITY SHOULD ADD BITCOIN TO ITS BALANCE SHEET

  • Philadelphia Mayor should do the exact same thing, Tell the University of Pennsylania to use their computers to do it.
  • Pennsylvania State should do the exact same thing and give free tuition the everyone in the State.
  • Detroit Mayor should do the exact same thing.
  • Kentucky is doing it with coal – because of course they are.
  • NY City should do this immediately – ask the University to set this up for the city.

The Miami Heat and cryptocurrency exchange @FTX_Official have agreed to a $135M naming-rights deal for their arena. FTX will be the first crypto exchange to sponsor a major US professional sports venue. The world is changing.

Bitcoin’s mining hash rate just hit a new ATH

Bitcoin up today but stocks are down, why? Wall Street fked up again. Large hedge fund had margin called and got $30B liquidated last Friday. Caused major sell-offs last week. The ripple effect is continuing.

Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund

SEC Commissioner Explains Why A Delayed Bitcoin ETF Has Consequences
My view has been that we’re overdue on approving one of these things. I also think we’ve dug ourselves into a bit of a difficult hole by setting standards for approval that are difficult to figure out how to satisfy. So I really don’t know where we’re going to go. I think that a new chairman with a fresh perspective can be helpful in rethinking the approach to approving exchange-traded products. What the price of bitcoin is doing is really not the business of the SEC. That’s not what we look at when we’re looking at other underlying markets.  MicroStrategy has returned about 600% to investors over the last nine months.

Michael Saylor ~ If you believe everyone has a natural right to life, liberty, and property, then it is only a matter of time before you believe in #Bitcoin

CFO of Square
“There’s a case for every balance sheet to have #Bitcoin on it.”
“Bitcoin is expanding access to financial services, especially when you think more globally. In January we had 1 million new customers to bitcoin alone”

Ark Invest CEO on Bitcoin: “1 Trillion is Nothing” Compared to Future Growth
“If we add all of the potential demand relative to the limited supply, we come up with incredible numbers over the long term. We have just begun. One trillion dollars is nothing compared to where this ultimately will be.” She stated that one of the most surprising developments for the cryptocurrency was the massive surge in institutional demand. As the United States economy faces inflationary pressures with potential interest rate hikes by 2023, analysts have predicted the dollar to depreciate.

“Aren’t central bank digital currencies competitive with Bitcoin?”
The Final Boss: Bitcoin vs Central Bank Digital Currencies

Singapore’s sovereign wealth fund owns #Bitcoin. Temasek, a $306 billion Singapore sovereign wealth fund has been stacking #bitcoin since 2018.

Bitcoin Mining on almost-stranded hydro power to fund gorilla and nature protection in a big national park. Yes.

The Blocksize War – Bitcoin is the only cryptocurrency that works and will ever work get it through your thick fucking skulls already. Someday soon, every company and jurisdiction in the world will hold bitcoin.
Every #Bitcoin base layer tx involves 3 participants:
1) sender
2) receiver
3) miners

The miners are therefore the “3rd party”, and if they were trusted, they would be a security hole.
Thankfully, minimizing miner counterparty risk has a huge part of #Bitcoin protocol design. We don’t talk about the miners as counterparties often because the mining market is so healthy & competitive today that the risk of them 1) censoring txs or 2) reverting txs is negligible.

The market likes trustless miners. We have #UASF to thank for that.

Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average

Government regulation increases economic growth. Who knew?

We want to get paid in Bitcoin! Pay me in Bitcoin.

 

AND ALSO

Hedy Lamarr – invented and patented the frequency-hopping spread spectrum technology for missile guidance in WW2 that became the foundation of all of our Antenna with bars wifi Antenna with bars technology today. Happy women’s history month

Civil Procedure Bonanza Results in Big Loss for Corporations

NYPD officers are no longer protected from civil lawsuits after city council passes police reform legislation

EVER GIVEN (MMSI: 353136000)