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ECP NetHappenings Bitcoin is more valuable than digital money

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SEC Commissioner admits their approach to crypto has been “a disaster for the whole industry.”

#Bitcoin is a proven safeguard against money printing.

“If you want to change the world, don’t protest. Write code!” #Bitcoin
– Hal Finney, 1994

8/28/14 Hal Finney – the 1st #Bitcoin user, passed away.
The software’s 1st defender from when it was worth $0, he’s known for his countless crypto inventions, and his $10 million BTC price prediction. Gone but not forgotten

Julian Assange’s most EPIC quotes about #BTC
https://threadreaderapp.com/thread/1860725214419497412.html

Michael Saylor⚡
(MicroStrategy) Portfolio Tracker
Michael Saylor envisions MicroStrategy becoming a Bitcoin bank, focusing on creating Bitcoin-based financial products.
FYI MicroStrategy earns 500 million dollars a day.
HOW? by selling a product.
What is their product? Profit. Bitcoin goes up forever.

#Bitcoin is up 150% since the Vanguard CEO said they will not offer spot #Bitcoin ETFs because it’s “not a store of value.”

✨ Jamie Dimon, on this day 10/10/21 day, “I think Bitcoin is worthless.” 10/10/24 Today, 3 years later Wall Street ETFs own nearly 1 million $BTC and even JP Morgan is buying in

There was no demand for any new technology before it was made.
This is not the “argument” these idiots think it is.
“If I had asked people what they wanted, they would have said faster horses.” -Henry Ford

BITPOWER

#BITCOIN IS MORE VALUABLE THAN DIGITAL MONEY.
#BITCOIN IS DIGITAL POWER.
“… we can win a major battle in the arms race and gain a new territory of freedom for several years. ” ~Satoshi Nakamoto

SOFTWAR

A Different Take on Proof-of-Work and Why Bitcoin is Far More Valuable than Digital Gold by JASON LOWERY

As humanity approaches the latter half of the 21st century, a global revolution unfolds taking place not on the traditional battlegrounds of land, sea, air, or space, but in the fifth domain of cyberspace—the new frontier of warfare.

This book builds the groundwork needed to understand why Bitcoin and its underlying proof-of-work technology represents something far more substantial than its initial concept as “peer-to-peer electronic cash.” This technology offers society a groundbreaking tool to physically secure cyberspace and the systems of control embedded within it, at a juncture in human history when the world’s governance structures have become exceedingly oppressive and in dire need of transformation.

This book provides a unique perspective on Bitcoin that few others have dared to talk about, spotlighting its extraordinary value beyond merely money. Here, Bitcoin is portrayed as the largest, most physically powerful, and most energy-efficient weapon system ever built. Using simple explanations accessible to novices, Lowery uncovers why Bitcoin is really Bitpower, a technology poised to transform global power dynamics and usher in a new world order where computational bandwidth is synonymous with
strength—where physical power and digital power are one and the same.

Step into a future where Bitcoin transcends its popular description as digital gold and becomes more commonly known as a colossal machine which harnesses the global electric power grid to endow cyberspace with unique physical qualities that standard computers cannot replicate, bridging tangible reality and virtual reality in unprecedented ways. In this future, Bitcoin emerges as not just the new foundational layer of a global financial settlement system, but as the new foundational layer of the internet itself, providing humanity with a paradoxically peaceful method of waging war against today’s corrupted and oppressive systems of control. Standing at the crossroads of technology and military strategy, Lowery demystifies Bitcoin to reveal its true nature as the ultimate enabler of freedom and prosperity in the digital age. This is a story about Bitpower and the dawn of the age of cyber sovereignty.

@dotkrueger
The reason MSTR works is over-regulation.
British Citizens can’t buy BTC ETFs. They need proxies like MSTR. Same is true for Singapore. And South Korea.
Goldman Sachs, Merrill and Morgan Stanley are subject to bank regulation. They can’t generally offer the ETFs.
Most 401Ks don’t allow you to own the ETF.
This regulatory window creates a world in which “buying a dollar bill for 3 dollars” is the only solution.
This creates a demand for the shares, which allow the converts to be hedged.
A tax inefficient structure, with key man risk, and a massive multiple is winning over perfectly efficient IBIT.
But in the end, it’s all just a consequence of an intense anti-crypto regulation. Ironically, this is enabling a true Bitcoin juggernaut, and placing a permanent bid on BTC.
Nice work, Mrs. Warren.

Anybody else find it strange we’re having a ‘peaceful transfer’ to absolute chaos?

What’s going to happen to Trump and his Cabinet when they immediately start committing crimes?

Notice that the ENTIRE free press has been completely silent about the fact Trump is CONSTITUTIONALLY DISQUALIFIED from holding any office.

@allenanalysis
Fascinating how this all lines up: Musk’s shiny new “Department of Government Efficiency” rolls out, and now NASA—the heart of public space exploration—is facing the axe.
Let’s not pretend this is about streamlining anything. It’s a strategic shift of public power into private hands, with SpaceX primed to take the lead.
Public trust? Sold off to the highest bidder.
Watch the money trail.

Aaron Parnas @AaronParnas
No cabinet pick should be confirmed without a background check.
Especially Tulsi Gabbard.

Trump Is Running His Transition Team on Secret Money

Beyond Evangelicals A social-media tribute to Coptic Christians. A billboard in Amish country. A visit to a revered Jewish gravesite. While Donald Trump’s lock on the white evangelical vote is legendary, he and his campaign allies also wooed smaller religious groups.

American Freakshow God and guns in Pennsylvania
It’s all about the rod
https://www.americanfreakshow.news/p/god-and-guns-in-pennsylvania

Rep. Melanie Stansbury
WATCH Rep. Melanie Stansbury issue a fantastic, full-throated repudiation of Trump’s mostly unqualified clown car cabinet, and Republicans’ attempt at modern day McCarthyism.
No, the gentlelady will NOT yield.
https://www.youtube.com/watch?v=a2hj5d0V1iY

Let’s talk about Donald Trump and his new Attorney General pick Pam Bondi, because boy do we have a story to tell

A history of the birth-control movement in literature.
https://www.truthdig.com/articles/keep-her-body-from-pain-and-her-mind-from-worry/

Dr. Janette Nesheiwat, Fox News medical contributor, picked as US Surgeon General: She’s an author of a book touted for stories of miraculous recoveries, experiences in the ER & global medical missions that illuminate the transformative power of prayer

Good governance experts are warning the expansion of presidential power under a second Trump administration could cast aside expertise and the public good to further purely political aims. Bill Resh, associate professor of public policy at the University of Southern California, said Trump appears to be following the blueprint set by Project 2025. “Project 2025 puts into place principles such as loyalty, first and foremost, to the President as a criterion for placement into these agencies, and often with the intention of undermining those missions.”

How Walmart’s Financial Services Became a Fraud Magnet
Scammers have duped consumers out of more than $1 billion by exploiting Walmart’s lax security. The company has resisted taking responsibility while breaking promises to regulators and skimping on training.
https://www.propublica.org/article/walmart-financial-services-became-fraud-magnet-gift-cards-money-laundering

US House Passes Dangerous Bill That Could Punish Nonprofits
@USTreasury Decides Are ‘Terrorist’ | “I believe that this is part of a strategy to preempt opposition to Republican policies & encourage self-censorship,” said @IndianaUniv Professor Beth Gazley.

Billionaires who can afford to go to Mars are billionaires who can afford to be taxed like Eisenhower did.

The real wall is an unwillingness to believe that human intelligence isn’t that hard to replicate and surpass.
Meredith Whittaker @mer__edith
Of course it’s not that hard… if you define intelligence in the simplest least expansive most gameable terms. The issue becomes who gets to define intelligence & how. And once we open that box we’re back to grappling w the Mismeasure of Man, IQ testing’s sordid history, etc

PayPal is updating their ToS to let themselves give your data to merchants starting Nov & they’re banking on people not knowing to opt out, SO to opt out before they start: go to Settings >Data & Privacy > Manage shared info >Personalized shopping, & toggle that shit off

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ECP NetHappenings Authoritarians consolidate power and create chaos

ECP NetHappenings Authoritarians consolidate power and create chaos

Trump confirms he is prepared to declare a national emergency and use military assets to carry out his mass deportation pledge.
Trump picks Project 2025 co-author as next head of the FCC

@ProjectLincoln
“There are five key areas that authoritarians want to control when they attempt to decapitate a democratic state, authoritarian expert and author Timothy Snyder writes: health, law, administration, defense and intelligence.
And in each of these arenas, the goal is to consolidate power, create chaos — and yes, even death.”

Robert Reich @RBReich
The top 7 individual contributors this election cycle were all GOP megadonors. They include…
-Billionaire nepo baby Timothy Mellon
-Hedge fund CEOs Ken Griffin and Paul Singer
-Shadow president Elon Musk
We must overturn Citizens United and get big money out of politics.

They will argue privacy is unnecessary in a world where transparency is a virtue.
They will say, “If you have nothing to hide, you have nothing to fear.”
We reject these premises entirely.
We are privacy accelerationists.
http://privacc.org

BrooklynDad_Defiant!☮️ @mmpadellan
I will never understand how a billionaire, the richest man on Earth, spent millions to buy an election for ANOTHER billionaire, and told us that his policies would cause us “temporary hardship…”
…and the public didn’t tell BOTH OF THEM to fuck off.

They call him Goldman Gary Gensler. Rumors of a big announcement about a potential Goldman Sachs, $HBAR & $XRP partnership. $3 trillion Goldman Sachs plans to convert its Digital Asset Platform into a blockchain venture for faster trading and settlements. Meanwhile JPM runs with their anti social JPM Coin.

the grievance babies are just getting started
imagine having everything — and being never satisfied.
imagine being born into obscene wealth, and being handed every opportunity on a silver platter. imagine being allowed to fail repeatedly, upwards and ever upwards, bailed out in turn by your father, the banks, and Russian mobsters, until finally, you fall ass-backwards into the United States presidency — not once, but twice.

imagine having your own hand-picked Supreme Court declare that you are A Very Special Boy who can do all the criming you want, forever, without consequence.
imagine having all that — and at the same time, never ever shutting the fuck up about how no one has ever been treated so unfairly as you have.

The Harris-Walz campaign provided staff with three weeks of severance pay, but the DNC laid folks off this week with nothing. Workers are striking.
One day’s notice, no severance—the DNC fights for workers, just not their own. Full statement below:

“A Betrayal of Party Values”:
Statement on Staff Layoffs
DNC Staff Union
The DNC Staff Union released the following statement on the news that
permanent DNC staff have been laid off with one day’s notice and no severance:
Statement for immediate release
pr************@***il.com
November 18, 2024 – The Democratic National Committee is facing the fallout of callous and short-sighted mismanagement by senior leadership. Starting Wednesday night, permanent employees were notified of their termination, effective Friday and with no severance pay. DNC leadership refuses to disclose to the DNC Staff Union the full extent of these layoffs and whether additional cuts are planned.
These cuts go far beyond typical campaign turnover and impact employees who were previously told their positions would be retained after the election. Chair Jaime Harrison and Executive
Director Sam Cornale refuse to address their staff face to face and have offered no explanation for how these cuts were decided.
Despite record-breaking fundraising, the DNC failed to provide any financial support to those who have tirelessly served the Democratic Party and its mission. Unlike the Harris-Walz campaign, which provided three weeks of severance to its staff, the DNC’s senior leadership has chosen to leave loyal staff scrambling to cover rent, medical expenses, and childcare costs.
Among those now facing financial uncertainty are workers expecting new children and single parents who have dedicated their lives to our party. Scores of experienced staff, some who have been here as many as four decades, will see their institutional knowledge vanish overnight due to
this rushed mass layoff. The individuals whose decisions throughout the campaign created this situation remain on payroll, while these workers are left with nothing.
The DNC staff is proud of the values that our party stands for. We want to make it clear, however, that the principles we champion on the national stage have been disregarded in our own workplace.
The process of regaining the trust of the American people must start with living our party’s values.
We call on leadership to align the DNC’s actions with our principles by:
1) Offering severance to every permanent employee who was laid off, and 2) Addressing your staff honestly and transparently. Only then can we begin to move forward as a party.
https://x.com/dncstaffunion/status/1858452951372550236

“Democrats are in disarray. It’s time to name our enemies and assert our demands to build a party that can win.”

Remember when we were called conspiracy theorists for labeling Trump a fascist?
Turns out — to nobody’s surprise — we were right all along.
‘Trump Goes Off The Rails With New Fascist Agenda’

The Intellectualist @highbrow_nobrow
Mitch McConnell is the reason why the United States hasn’t passed a renewed Voting Rights Act. He is the reason why the United States hasn’t passed democracy reform. He is the reason why Donald Trump is still able to run for office (he had the opportunity to end this nightmare but didn’t).
Mitch McConnell is the reason why Roe v. Wade was overturned, and why IVF is now illegal in Alabama.
McConnell is responsible for turning the U.S. Senate into the House of Representatives.
McConnell has never been a friend to labor, the environment, or responsive to climate change.
History, if it remembers him, will remember him for the things he did, and the things he prevented.
He put his own ambitions before the needs of the United States whenever he could.

SEPERATE BUT EQUAL : JIM CROW LAWS : SCHOOL VOUCHERS
Private schools across the South that were established for white children during desegregation are now benefiting from tens of millions in taxpayer dollars flowing from rapidly expanding voucher-style programs, a @propublica analysis found. In North Carolina, ProPublica identified 39 likely “segregation academies” that have received school voucher money. Of these, 20 schools reported student bodies that were at least 85% white.

So, here’s the plan: axe the Department of Education. Rip it out at the roots and toss it in the trash, they say. It’s bold. Revolutionary. And by “revolutionary,” I mean pulling the rug out from under every kid whose parents can’t afford private school.

CNN lead Data Analyst Harry Enten just destroyed the myth that Donald Trump has a huge mandate. Donald Trump’s wins was one of the narrowest in American history and Democrats still hold considerable power.

Why can’t Biden use absolute immunity to appoint 4 more justices to SCOTUS so they can be confirmed while Dems still control the Senate? I can’t find any statutes barring him from doing so. If not now, no one can stop Trump from doing it, and we’ll have no check on his power.

Texas may be next state to restrict abortion pills as “controlled substances”

Two-thirds of news influencers are men — and most have never worked for a news organization

Trump Is President-Elect for Just 7 Days and a Sex, Drugs and Bribe Scandal Breaks Out
https://wallstreetonparade.com/2024/11/trump-is-president-elect-for-just-7-days-and-a-sex-drugs-and-bribe-scandal-breaks-out/

Elon Jet Tracker
https://www.reddit.com/r/ElonJetTracker/

WSJ editorial warns Elon Musk’s ‘blow-it-all-up’ ideas will devastate US economy

Tesla Has the Highest Fatal Accident Rate of All Auto Brands, Study Finds
https://www.roadandtrack.com/news/a62919131/tesla-has-highest-fatal-accident-rate-of-all-auto-brands-study/
Four die in burning Tesla, trapped when its electronic doors won’t open (there is an unobvious mechanical override, that you need to know about in advance and be able to use in a panic). October 24 in Toronto.

Vaccines have saved 154 million lives & 9 BILLION LIFE YEARS in the last 50 years alone. Someone tell RFK Jr.

oh great, now the press is sanewashing Bobby Brainworms

This is a genius idea. The US should create a sovereign wealth fund and then buy Bitcoin with it.

BTC $92,156.80

NOT FINANCIAL ADVICE
With Bitcoin trading at $89,384.76 at the time of writing, an investor could buy 0.00112 BTC today with $100. Here is a look at how much that $100 would be worth in the future under Wood’s various price targets.

Bear Case, $258,500: $100 today would be worth $289.52, up 189.5%
Base Case, $682,000: $100 today would be worth $763.84, up 663.8%
Bull Case, $1,480,000: $100 today would be worth $1,657.60, up 1,557.6%
Bullish Case, $3,800,000: $100 today would be worth $4,256.00, up 4,156.0%
As you can see, a small investment would turn into a sizable return if Wood’s base or bullish predictions come true. Even the bearish price target hitting would more than double the investment from today.

Top 13 #Bitcoin holders – Nov 18th update
Wall Street now control 9.35% of #Bitcoin supply and US controls 12.81% of #Bitcoin
@BlackRock advances to 471k closing gap with @binance
@MicroStrategy acquires 51,780 to move to #4 behind @BlackRock
@Fidelity drops to #6
Ifinex (@bitfinex + @Tether_to) drops to #7 (based on known wallets)

In the past week MicroStrategy acquired 5x the amount of Bitcoin that Coinbase acquired in 12+ years.

Michael Saylor⚡️ @saylor
Our $MSTR treasury operations in the first 17 days of November resulted in a BTC Yield of 20.4%, a net benefit to our shareholders of ~51,470 BTC.

One of Saylor’s best explanations of bitcoin:
“The idea that’s so profound it shakes the foundation of the economy is that Satoshi figured out a method to store value without a trusted intermediary… storing the value, well that makes it the most useful thing for $450 trillion of capital. That’s worth $10 trillion a year. That’s the big idea.”

MSTR Updates @MSTRUpdates
$MSTR Price Forecast via mNAV Multiplier (11/18/2024)
MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD.
As of 11/17/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin. $MSTR
https://www.microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc
https://x.com/MSTRUpdates/status/1858531025195774237/photo/1

“… #Bitcoin could break through one hundred thousand dollars by January. This is becoming more mainstream. 17 percent of Americans, so about one in five now have had some sort of exposure to #Crypto” — Alexis Christoforous on Good Morning America

Global healthcare group Cosmos Health adopts #Bitcoin as treasury reserve asset.

https://calc.bitcoineracademy.com/

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ECP NETHAPPENINGS NEWS HEADLINES Politics, Russian Assets, Bitcoin, Tech,

ECP NETHAPPENINGS NEWS HEADLINES
#Politics, #Russian Assets, #Bitcoin, #Health, #Tech

POLITICS

44 days left until Election Day.

GEN Z TO the RESCUE
Harris Soars, Trump’s Chances Slip Away With New Findings
Kamala Harris rises in the polls and receives support from both sides, as the latest campaign data shows Donald’s path to re-election is slimmer than ever.

we could all use a Good News Monday
Kamala’s up, Donny’s down
Jeff Tiedrich Sep 23
let’s start the week off right. a lot of good shit happened over the weekend. let us count the ways.

Let this sink in.
It should be bigger news that Trump has pledged to have federal forces invade nearly every major American city to takeover law enforcement.

Trump Media and Technology Group
If you invested $1,000 in March, it is worth $190 today.

The GOP is a Russian asset.
#FromRussiaWithLove Sources close to @realDonaldTrump
are saying a flurry of calls among GOP leaders, including Senators and Congressmen, over the weekend in response to the “From Russia with Lev” premiere.
Strategy? **Ignore and divert**.
The aim is to shift the news cycle away from the controversial content.
https://threadreaderapp.com/thread/1837962678867829039.html

“Bill Barr not only politized, he weaponized the DoJ on behalf of Donald Trump to go after his political enemies and help his political friends” ~Parnas
Bill Barr, another corrupt weasel!
@FrankFigliuzzi1 : “I’ve joined over 1600 of my former DOJ colleagues in calling out AG Barr for threatening free and fair elections: 1,600 former Justice Department lawyers accuse Barr of using DOJ to help Trump in election”

When the truth comes out about why Graham became Trump’s patsy, it will be devastating both personally and politically. DNI Official Refuses to Tell Senator Graham if His Conversations with Foreign Leaders were Monitored
Bradley Brooker, the acting general counsel for the director of National Intelligence, declines to disclose if conversations Senator Lindsey Graham has had with foreign leaders have been monitored and if someone made a request to unmask him. He says the request is still be worked on.

!!!!! When newspapers owned by billionaires bash remote work, they’re really just trying to protect office real estate from a $1 trillion financial crash. !!!!!!
They spent their 2020 bailout money on office towers that have tanked in value. That’s why they’re angry.
The Elite’s War on Remote Work Has Nothing to Do with Productivity
It’s about debt on zombie office towers.
https://www.the-sentinel-intelligence.com/p/heres-why-they-want-you-back-at-the-office-so-bad

RUSSIAN ASSETS

#DeportElonMusk traitor tyrant Elmo
Musk did gift some Cybertrucks to Putin’s Chechen warlord Kadyrov, but when the news got out was forced to remotely disable them lest he be arrested for an intentional sanctions violation.
Chechen warlord accuses Elon Musk of ‘remotely disabling’ his Cybertruck
MAJOR NEW UPDATE: Elon Musk failed to appear for testimony in a FRAUD probe related to his $44 billion Twitter takeover, prompting the Securities and Exchange Commission to seek sanctions. The SEC disclosed in a court filing on Friday that they plan to take action against Musk for his absence.
A federal judge previously ordered Musk to testify as part of the SEC’s investigation into whether his actions and statements regarding the acquisition of Twitter, now known as X, were in compliance with the law.
https://finance.yahoo.com/news/us-sec-intends-seek-sanctions-200024996.html

HEALTH

@JeffSharlet
49% of the class of ’23 at Dartmouth, where I reach, went into finance or consulting. Even were the most ardent capitalist–I am really not that–this would be a crushing statistic. So much energy, education, & intellect hoovered up by one sector.

Metabolism and diet are linked to root of bipolar depression, say researchers
https://www.theguardian.com/society/2024/sep/21/metabolism-diet-linked-bipolar-depression-scientists-edinburgh

FTC Chair Lina Khan went on 60 Minutes and talked about how the same inhaler that cost $7 in France used to cost $500 in the U.S. Then she took action and got giant pharma companies to bring the cost here down to $35.

Cambodia celebrates return of dozens of Khmer treasures from the Met and other collections
At least 14 of the newly repatriated ancient Khmer objects to Cambodia were previously held by New York’s Metropolitan Museum of Art, which has had extensive dealings with Douglas Latchford and other accused antiquities smugglers
The spate of repatriations followed extensive efforts to trace and recover looted ancient artifacts, including some identified by ICIJ and linked to disgraced art dealer Douglas Latchford.

@GovernorShapiro
We must all do our part in the fight for freedom — from the workers in Scranton who make Pennsylvania the arsenal of democracy to the brave Ukrainian soldiers protecting their country.
We stand with Ukraine in their just defense of their homeland in the face of Russian aggression.

TECH

Telegram Changes Policy, Says It Will Provide User Data to Authorities
in a massive shift, Telegram says it now *will* provide user data to authorities in response to legal orders. Includes IP addresses and phone numbers. Yesterday privacy policy said just terror suspects. Now it is crimes more broadly

A new regression in the TV interface version of YouTube
Here’s a rather inane regression in the TV interface version of YouTube. Until a day or two ago, there were separate Thumbs Up and Thumbs Down buttons on the UI, to Like or Dislike the current video.
Those have now been combined into one button, with both thumbs up and
thumbs down on it. If you click it, you’ll get a panel where you can choose Like or Dislike. BUT … the new combined button, unlike the individual buttons that used to be present, does not change to show whether you already Liked or Disliked that video. It looks the same for Like, Dislike, or if you never chose either! The only way to know is to click that button and look at the resulting Like/Dislike panel, which does show this info. A new way to waste users’ time. Does anyone at Google actually dogfood this stuff anymore before pushing it to prod? Jeez. -L

BITCOIN

$300K per Bitcoin? Chart of Trading Legend Brandt Implies Massive Rally Brandt expects Bitcoin to substantially outperform gold in the near future.

BlackRock now requires Coinbase to deposit #Bitcoin directly on-chain within 12 hours of instruction after concerns were raised it was selling “paper BTC” to ETFs. I wish BlackRock would require SWIFT to settle my lowly fiat bags within 12hrs.
(US ETFs acquired 913k bitcoins since January)
Supply of coins continues to decline and bull run is about to get interesting. “Get some / get yours” before they are all gone (only 1,242,163 ever to mined in the next 100 years.

BlackRock amended its spot #Bitcoin ETF custody agreement with Coinbase to improve withdrawal times.

Coinbase must now process BTC withdrawals to a public address within 12 hours of receiving instruction

(ii) Section 2.2. The below new sentence shall be added to Section 2.2.
For the avoidance Of doubt, notwithstanding anything to the contrary in this Coinbase Prime Broker Agreement (including any SLAS associated therewith), while a Trade Credit remains unpaid, Client may make withdrawals Of Digital Assets from the Custodial Account to public blockchain addresses provided that an amount equivalent to such Trade Credit is kept in the aggregate of the Borrower’s Trading Balance and Vault Balance following such withdrawal. Subject to confirmation of the foregoing required minimum balance, Coinbase Custody shall process a withdrawal of Digital Assets from the Custodial Account to a public blockchain address within 12 hours of obtaining an Instruction from Client or Client’s Authorized Representatives,

COINBASE DOESN’T OWE YOU
9.3.4. Pursuant to the terms of this Agreement, a holder of cbBTC holds an ownership interest in the Bitcoin custodied by Coinbase in accordance with Section 9.1.5 above. In the event of a shortfall in the amount of Bitcoin that has been wrapped as cbBTC and held by Coinbase in accordance with Section 9.1.5 above, Coinbase’s liability vis-a-vis any holder of cbBTC will be limited to such holder’s pro rata share of the shortfall amount.

Former Coinbase CTO Balaji Srinivasan says, “#Bitcoin is about stopping the state from slowly draining your wealth.”
“The Fed wants you dead—just a little bit every year”

#CRYPTO #ETHERIUM

There’s only one adult in the room with us.
It’s called Bitcoin.
It may be boring, but it’s your best bet at financial independence.
The rest are a great bet at financial ruin, especially if you hold too long. That’s the TLDR of crypto.

@BoringSleuth
Complete Proof of Anarchy5, a Mt. Gox Hacker who walked away with more than 450K Bitcoin, ties to Ethereum’s Team, both Minting the ICO, and receiving funds from the Ethereum Foundations Wallets post ICO.

@BoringSleuth Sep 22
Imagine that, Diddy had the same $PPP Covid Loan Assistance business, named Our Fair Share, as the Crypto Cartel platform Paypie! Both setup in advance to take advantage of the biggest financial corruption event in the History of the World.

EPSTEIN AND DIDDY DIDN’T BANK THEMSELVES

With the recent arrest of P. Diddy
JPMorgan was invested in Diddy’s PPP Loan company and partnered with the National Bankers Association whose CEO is also ex JPMorgan. Now JPM is linked to both Epstein and Diddy!!!
Not only was JPMorgan forced with a $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier’s sex trafficking, JPMorgan was the seed investor in P. Diddy’s “Our Fair Share”.
Our Fair Share provides information and guidance on the SBA PPP loan program to churches, non-profits, independent contractors, and small business owners. They help those who applied for the first time or those who obtained a PPP loan the previous year.
PPP.Paycheck Protection Program.
If you filed for a PPP loan through [P] Diddies racketeering company and you lied to qualify or his company lied on your behalf you will need to lawyer up.
@SenWarren @ewarren is this your buddy Jamie’s @jpmorgan again? Pedophilia bank
WATCH HOW Elizabeth Warren stays quiet about it.
Cargo ship owned by JP Morgan seized with $1 billion of cocaine aboard
@JohnEDeaton1 is going to retire you.

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ECP NetHappenings Bitcoin is for Everyone, Privacy, Politics, Covid

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Bitcoin is for everyone.

!!!!!! It’s Purple !!!!!!!
It’s for Democrats
It’s for Republicans
It’s for conservatives
It’s for progressives
It’s for every single person on this planet who wants to participate regardless of where they came from or what they believe.

@jackmallers Aug 12
Just as Satoshi didn’t need to argue his ideas but wrote code, you don’t need to convince government or corporations. You have the power to use the hardest money in history.
Peace, freedom and prosperity is now your choice.
#Bitcoin is opt-out technology—all it takes is you.

$1.4 trillion Morgan Stanley just bought $187 million #Bitcoin ETF on it’s own portfolio. Corporate Bitcoin Adoption Wave Coming
HERE WE GO

21M #Bitcoin is not only for 8 billion people, it’s also for 334 million companies and 205 nation states. On top, about 4 million coins lost, 1 million owned by Satoshi and another couple millions HODLed forever. #Bitcoin is a lot scarcer than you might think.

Bitcoin’s bull rally will continue another 350 days: Bybit
Bitcoin’s 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up.

45% of Bitcoin supply has not moved in 6 months — Research
A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers.

Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally.

Goldman Sachs Holds Over $400M in Bitcoin ETFs
The investment bank says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F.

Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high.

#PRIVACY

Weld Pond | Chris Wysopal Now SSN *really* can’t be used as a secret identifier. It’s now a public ID for people like a DUNS number is for a business.
Hackers may have leaked the Social Security Numbers of every American
A dump of 2.7 billion records includes names, aliases and known physical addresses.
https://www.engadget.com/cybersecurity/hackers-may-have-leaked-the-social-security-numbers-of-every-american-150834276.html
https://www.bleepingcomputer.com/news/security/hackers-leak-27-billion-data-records-with-social-security-numbers/

Nostr The Decentralized Solution
create an account The Social Bitcoin Wallet
Open protocols for money and speech are going to change everything. Join the revolution.
https://primal.net/new
Easy Nostr Signup using Primal App on Android or Apple
Invented by a pseudonymous programmer and overwhelmingly funded by grants from non-profit foundations, this decentralized, free, and open-source protocol has been quietly evolving for the past three years. Like bitcoin, Nostr is a community-run digital network highly resistant to censorship and corruption. It has 40,000 weekly active users and a growing ecosystem of clients and applications ranging from social media to long-form publishing to payments.
This was a major theme at the 2024 Oslo Freedom Forum, which is put on annually by the Human Rights Foundation, where I serve as chief strategy officer. At this conference for democracy and human rights, Twitter co-founder Jack Dorsey told the audience that the problem was, actually, guys like him: The very fact that Twitter, now X, has a CEO makes it a single point of failure. Governments routinely pressured Dorsey to censor content; once the company’s offices in India were raided. Dorsey says that under the new Musk regime X complies with whatever governments want.
Nostr is only necessary because our existing internet is so broken.
Alex Gladstein @gladstein
Shared my profile of Nostr on Nostr yesterday
To give you an idea of interactivity so far…
350 likes, 145 reposts, 49 comments, and 67,000 sats of zaps (around $40 of permissionless bitcoin directly to my self-custodial, open-source wallet)
Onward!
Twitter’s founder says Nostr is “100 percent what we wanted”—an open, ownerless network

New: here are never-before-published screenshots of the FBI’s dashboard for wiretapping the world. “Hola iBot” was used to monitor millions of messages from the secretly backdoored messaging app Anom. But also map social connections, plot movements
https://www.404media.co/inside-the-fbis-dashboard-for-wiretapping-the-world/

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M
The funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others.
https://www.coindesk.com/business/2024/08/14/sahara-ai-blockchain-project-tackling-copyright-and-privacy-raises-43m/

#HEALTH

Did you know that Trump’s tax policy is the reason that: – Nurses can’t write off their scrubs – Salespeople can’t write off travel expenses – Mechanics can’t write off their tools Those write-offs are only available to businesses now, not employees.

Walgreens pharmacists are fed up. They’re chronically understaffed and overloaded with patients.
Now they’re forming Walgreens’ first-ever pharmacists union in Washington state.
They follow CVS pharmacists winning landmark unions this year in Rhode Island and Las Vegas.

Safety tips for attending school during COVID-19
By Mayo Clinic Staff

Obama developed a playbook for how to deal with pandemics ; not only did

Trump refuse to use it, he fired the entire pandemic response team.

#POLITICS

Kamala Harris @KamalaHarris
Let’s be clear: Someone who suggested the “termination” of the Constitution should never have the chance to stand behind the seal of the President of the United States.
Never again.

BREAKING: Kamala Harris’ election odds just hit another record high!
She’s now leading Trump by percentage points nationwide according to Polymarket, the world’s largest prediction market.
This is Harris’ largest lead to date!

Judge Merchan rejects Trump’s recusal bid — again — ahead of sentencing

MASTER PLAN, EP 1: @LeverNews reporters unearth a secret White House memo plotting corporate threats of financial retribution against lawmakers who support campaign finance & anti-corruption legislation. The first episode of the new series is here

Trump viciously called VP Harris a “fucking bitch” we have the tape.

CNBC Annual inflation rate slows to 2.9% in July, lowest since 2021

CNN: Inflation drops to lowest level since March, 2021
MSNBC: Inflation drops to lowest level in over 3 years
Fox News: Nursing home residents play ‘Hungry Hungry Hippos’

CNN: Inflation drops to lowest level since March, 2021
MSNBC: Inflation drops to lowest level in over 3 years
Fox News: Dad catches sneaky twins eating chocolate

CNN: Inflation drops to lowest level since March, 2021
MSNBC: Inflation drops to lowest level in over 3 years
Fox News: Nebraska family trains pet goat to use toilet – Hilarious video goes viral

Dems always has to repair the economy wreckage before giving it over to repubs to wreck it again. Has been happening for 40 years now.

The disaster continues to grow.
And it’s exactly what Husted, Huffman and Ohio’s far right intended…
Ohio vouchers now at nearly $1 billion, with new users overwhelmingly white families and kids already in private schools.
https://www.cleveland.com/news/2024/08/private-school-vouchers-scholarships-last-school-year-cost-ohio-9662-million-and-counting.html

Walmart didn’t just *happen*. The rise of Walmart – and Amazon, its online successor – was the result of a specific policy choice, the decision by the Reagan administration not to enforce a key antitrust law. https://threadreaderapp.com/thread/1823704747167412491.html

BREAKING: new study says 50 years of tax cuts for the rich failed to trickle down

This billionaire owns Home Depot. He says he will support Trump even if he is convicted. He is worth about nine billion dollars.
I’m Boycotting Home Depot Now & Buying at Lowe’s

“Let’s assume our worst nightmare—the Democrats get the White House, the House, the Senate. The first thing they’ll do is get rid of the filibuster, and you’ll have two new states: D.C., Puerto Rico. That’s four new Democratic senators in perpetuity.”
– Mitch McConnell
Mitch McConnell says Kamala Harris-Tim Walz win would be ‘our worst nightmare’

8/14 Trump casts a ballot during early voting for Florida Primary
Did Palm Beach County Supervisor of Elections receive a notice of Trump’s voter registration file, that he is convicted of a felony, which would make him ineligible to vote…because he shouldn’t be voting.
DeSantis said they would restore Trump’s right to vote, but they didn’t, bc the Division of Elections and Supervisor of Elections in Palm Beach County never followed the legally required procedure to take Trump’s voter registration away before July 31st. A felony conviction in another state makes a person ineligible to vote in Florida only if the conviction would make the person ineligible to vote in the state where the person was convicted. Can someone explain to me how DonOLD is allowed to vote in the FL primary when he is a convicted felon? Amendment 4 only apply to people who have COMPLETED their sentence and probation.

Royce White, the Republican nominee for the US Senate in Minnesota:
“Women have become too mouthy”.

Elon Musk Admits ‘Mistakes’ Were Made by X in Trump Spaces Chat Drama
Despite initially blaming the delay on a malicious attack, Musk acknowledged his social media platform was at least partly responsible.

Musk’s ‘Spaces’ can’t handle massive amounts of people – he literally DDoS’d himself and his platform. That’s why he hasn’t mentioned anything about it since – he knows it wasn’t a cyber-attack.

About a person in SpaceXs shared photo today, and their curious connections on-chain to the Darkest Hacking Money in the World, and the East.

The below tweet SpaceX showcasing a photo of Chun Wang, third to the right. Chun Wang is founder of Satofishi and developer deeply tied to Chinese President XI, ex-Binance Founder CZ, Binance, and the massive USDT money laundering exchange Huobi.
https://threadreaderapp.com/thread/1823200981297082384.html

Let’s talk about Trump’s “Freedom Cities.”
The idea matches exactly with the goals of the Network State cult, which plans to create new tech-governed cities around the world
In fact, Peter Thiel and Marc Andreessen are funding a entire company to build such cities.
https://threadreaderapp.com/thread/1823426458494361828.html

Federal contractors would be required to implement vulnerability disclosure policies that align with National Institute of Standards and Technology guidelines under a bipartisan Senate bill introduced last week. https://scoopmedia.co/3YInvT8

Michael Flynn and Roger Stone’s Dangerous Crusade Continues
The militant “Black Robe Regiment” is set to recruit pastors with Flynn in Pennsylvania. A Christian leader tied to the Regiment will rally for Mastriano Friday.
Blaze Media is owned by Glenn Beck who has promoted the “Black Robe Regiment,” a militant pastors Movement.
In 2015, Beck & New Apostolic Reformation (NAR) leader Jim Garlow said they had between 10,000 and 17,000 pastors willing to die for the cause, as reported by @RightWingWatch #Nutters “It turns out that many of Project 2025’s policy proposals are neither fringe nor unpopular… the data suggests they find resonance with majorities across states such as Pennsylvania, Michigan, Wisconsin, and Ohio.”
I wrote about the Black Robe Regiment and its ties to Glenn Beck, the NAR, Mike Flynn, and Roger Stone for @BucksCoBeacon
https://buckscountybeacon.com/2022/09/michael-flynn-and-roger-stones-dangerous-crusade-continues/

Who is Eric Prince?
What are the connections Prince, Musk Trump?
https://time.com/6076035/erik-prince-ukraine-private-army/
For nearly a quarter century, the former Navy SEAL has been a pioneer in the private military industry, raising armies in the Middle East and Africa, training commandos at his base in North Carolina and deploying security forces around the world for the State Department and the CIA. Under the Trump Administration, Prince’s family—a powerful clan of right-wing Republican donors from Michigan—saw their influence rise. Prince’s sister, Betsy DeVos, was appointed Secretary of Education, while Prince himself leveraged contacts in the White House to chase major deals around the world.

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