Bitcoin is on a Run
We are up $2500 since yesterday! and still pumping.
Why? Because people are sure that Gensler will allow the Bitcoin Spot ETF.
BTC will either arrive by the end of 2023 or beginning of 2024.
For the first time normal folks are trying to outrun the institutions.
Volatility destroys people emotionally but the disciplined person takes profit at some point and then DCA’s when there is a crash.
HODL – Hold On for Deal Life
You can’t time the market. Bitcoin is only 13 years old.
Bitcoin can run up to $48,000 then crash back to $24,000. Bitcoin can break the all time high of $69,000. The past is no indicator of the future. Volatility is the price we pay for the profits made. Just HODL
#ETHGATE
I’ve been sending everyone news about ETHER and CHINA over the past months. FINALLY …..
U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether’s USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.
U.S. lawmakers introduced a bill on Wednesday barring federal government officials from doing business with China-based blockchain firms, marking Washington’s latest show of suspicion toward Chinese ties in the cryptocurrency industry, according to a statement from the sponsors.
The bill also explicitly blocks U.S. government officials from transacting with iFinex, the parent company of Tether, the issuer of the world’s largest stablecoin, USDT.
The Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act, co-led by U.S. Representatives Zach Nunn (R-Iowa) and Abigail Spanberger (D-Va.), would outlaw government officials from transacting with Chinese crypto companies, in addition to cutting off government employees’ use of China-based blockchains, or the networks that undergird crypto trading platforms.
China’s made a lot of blockchains… and where they aren’t developing them, they are invested heavily in them, so much so they have a controlling interest. Just look at Ethereum, and all their involvement in and around the Ecosystem. They are behind Prometheum, it says it in their filings that the SEC approved in 2020. Yesterday, I told you of their involvement on-chain with USDT. You can lookup “@Boringsleuth CCP” and find all sorts of research.
The head of CCP controlled Wanxiang Blockchain, and key official of Longling Capital & Prometheum is Dr. Bo Feng. Wanxiang is who setup and funded Vitalik Buterin and the Ethereum Foundations wallets, and had invested in over 500 Cryptocurrencies by 2021. Dr. Feng stated in March of 2019 that China should be the first mover into CBDCs & Stablecoins, and just their NAME ALONE would be enough backing a Stablecoin, that they wouldn’t actually need any real assets, or money backing it. You all seriously think Tether is backed? How many other protocols aren’t backed like FTX? Binance.. OKC? Yunbi? I could go on and on.
#Bomba
On St. Croix where I used to live the Bomba was the man who was managed the slaves on the plantation.
Do You Wanna Bomba?
You wanna deal with the big boys? C’mon Let’s Go
This song is a warning from the father to his son not to join a gang, but to stay focused to make something of his life. And the song is a world wide hit!!
Goya Menor & Nektunez – Ameno Amapiano Remix (You Wanna Bamba)
—–//——