ECP NetHappenings
When Life Gives You Lemons You’re Dyslexic.
Took off a few days…. but still looking out for the best info. This is the longest post published in 2023, and maybe one of the best.
#BITCOIN #TRUMP, #BLACKROCK, #SEC, #TETHER,#VOTE,#POLLS,#PRIVACY,#HEALTH,#HUMAN RIGHTS, #BILLIONAIRS,#HIGHER EDUCATION,
#BITCOIN
OPINION
There is no fever like bitcoin fever. Once the bull market gets going again, the price moves will make your heart race and your pupils dilate. Moon boys Sentiment is bullishness. Remember Retracement is inevitable.
SEC MAY ALLOW ETF’s in January 2024
*Fair Value Accounting will be allowed and is coming later in the year then the Catalyst 1% then 2% then 5% will come in from corporations.
The irony is the new accounting treatment for Bitcoin doesn’t take effect until 2025, SO, don’t expect corporate treasuries to start in size until LATE 2024 (after a new ATH imho)
BTC Facts:
There’s no such thing as “physical Bitcoin.” That’s the point.
#Bitcoin isn’t located anywhere and it exists everywhere.
You don’t “keep Bitcoin in cold storage” — you keep the key in cold storage.
The lack of physicality is what makes it unconfiscatable.
– #Bitcoin is now up 150% this year 2023 from 15,000 to now 43,000.
– #Bitcoin Market Cap is now higher than Tesla and Berkshire Hathaway.
– The stock market has had positive returns in 83% of election years.
1940, 2000 and 2008 were the only three times that the trend was broken.
The Fed will lower rates before the summer.
– It is an election year and the administration in power will NOT allow 8% mortgage rates and higher gas prices, etc. Why? It’s ALL about the economy.
As soon as Biden’s people realize Elizabeth Warren and Gary Gensler are the liability they truly are, they will throw them under the bus.
-CNBC discussing the #Bitcoin halving: “For the first time in history, you have an asset that is more scarce than gold.”
-12/6/23 JUST IN: Michael Saylor’s MicroStrategy #Bitcoin investment is now at a $2,300,000,000 unrealized profit.
What to buy … gold? art? real estate? then you realize it’s BITCOIN
One day we will all brag about buying five-figure #bitcoin.
-JUST IN: There are now less than 20,000 blocks until the #Bitcoin halving HODL
The first time RSI crosses 70 on the 2-week chart marked the start of the Bull Market in the last 3 cycles.
This just happened for the 4th time in Bitcoin history.
–Bitcoin going to $100,000 BEFORE the April 17, 2024 Halving?
“Why You NEED To Own Just 0.1 Bitcoin (BTC)” | Michael Saylor 2024 Prediction
https://www.youtube.com/watch?v=T-cByPZuq9o
…… And then, you know, those miners are dumping their Bitcoin more or less on the market. And so you’ve got this constant flow. Next year 2024, it’s going to be 450 Bitcoin a day right after the halving. And so bitcoins hovering around gold’s market cap, I mean that’s a pretty significant amount of Bitcoin the market needs to absorb. But if you start thinking about it for gold as well, right? I mean if if the monetary inflation rate is 1 1/2% for gold, that’s over $500 million Of gold. mined a day.
Fun to watch. He Bought 55000 Bitcoin In 2010 When 1 BTC Price 6 Rs
https://www.youtube.com/shorts/YMIZ5mHRO4E
Historical Returns through All the years
https://youtube.com/shorts/YWtYPqBBv9M
How much do you need?
https://youtube.com/shorts/YWtYPqBBv9M
-Did you know that roughly 40% to 50% of millennials are currently non-compliant in reporting their #cryptocurrency taxes?
Why don’t millennials understand their #crypto tax liabilities?
https://www.cryptotaxaudit.com/blog/the-crypto-tax-solution-for-non-compliant-millennials
Dr. Jeff Ross @VailshireCap
The next time a normie or degen crypto trader asks you when you will take profits on your #bitcoin holdings, ask them when they will take profits on their bank savings account trade. It’s an illogical question once you understand money.
#BLACKROCK
-BlackRock has been buying Bitcoin throughout the whole bear market using their private trust. This private trust was launched in 2022 with coinbase as custodian.
-Why Bitcoin’s Price Pumps Matter
https://www.youtube.com/watch?v=B4myC0i7BPk
-BlackRock says a seed investor bought $100,000 worth of its #Bitcoin ETF shares this October. Just the beginning.
BlackRock receives 💵 $100K as “seed capital” for its spot #Bitcoin ETF, selling 4K shares at a per-share price of $25.00 👀
https://twitter.com/BitcoinNewsCom/status/1732027853049405766/photo/1
– Interesting update to BlackRock / IShares S-1 filing BlackRock filed an updated version of its spot #Bitcoin ETF application with the SEC. Thinking there will never be a CRYPTO security ETF approved by the SEC
“If a digital asset is … asserted to be a security, it is likely to become difficult or impossible for the digital asset to be traded, cleared, or custodied in the USA … .”
Samson Mow @Excellion
-The run up this time is different from last time.
Last time there was a ton of easy QE money sloshing around.
This time, money is still tight and interest rates high, but everyone is allocating to #Bitcoin.
Pay attention.
#Corruption As A Service
-US Judge threatens to sanction SEC lawyers for convincing a court to freeze a crypto firms assets under false & misleading claims. Judge scolds SEC for apparent deception in crypto case, threatens to sanction agency
@leomschwartz
-The SEC is facing a rare rebuke—and sanctions—from a federal judge for misrepresenting facts in a crypto case. The judge accused the agency of “materially false and misleading representations.”
W/ Fortune’s resident legal scholar @jeffjohnroberts
https://fortune.com/crypto/2023/12/01/federal-judge-sec-crypto-debt-box-rebuke-restraining-order-gensler/
The key words in this post are “our long-term strategy.”
#Bitcoin allows nation-states to once again have long-term strategies where there previously was only low time preference tactics between election cycles.
– JUST IN: Disgusting Elizabeth Warren who will kill bitcoin if she could asks JPMorgan CEO Jamie Dimon says he would “close down” #Bitcoin & crypto if he were the government.
He helps Warren out and says “The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance.”
https://twitter.com/YahooFinance/status/1732445529777271268
Among the most embarrassing and obscene pay packages was the 2022 compensation to Jamie Dimon, Chairman and CEO of JPMorgan Chase, which came in at $34.9 million. The ratio of Dimon’s pay to the pay of the median worker at JPMorgan Chase was 393 to 1, the highest among the eight CEOs at the hearing. (For more on the zombie Board at JPMorgan Chase that keeps rewarding Dimon for the bank’s serial criminal behavior
Jamie Dimon to Testify at Senate Banking Hearing; Don’t Expect His Bank’s Financing of Sex Trafficking or 5 Felony Counts to Come Up
Warren doesn’t do anything about this. The U.S. Treasury’s Financial Crisis Warning Bell Didn’t Ring Before the Repo Crisis of 2019 or This Year’s Bank Runs
– JPMorgan Chase, a serial recidivist when it comes to crime, had paid $1.085 billion in legal expenses in just the last six months. A nice chunk of that money went to the Big Law firm, WilmerHale, which has been representing JPMorgan Chase this year in multiple lawsuits involving the bank’s dark history of financial dealings with child sex trafficker Jeffrey Epstein.
– What’s Warren doing about this? Bank Regulator Who Approved the Riskiest U.S. Bank Getting Bigger in May, Wants to Do a Survey on Why Trust in U.S. Banks Is Tanking
F*ck JPMorgan Is Controlling Fossil Fuels Empire, Which Just Spilled a Million Gallons of Oil in Gulf of Mexico
CHERRY ON TOP
#TETHER
MUST READ Imperial Pacific Casino operators with ties to Tether, Wirecard busted for money laundering
https://protos.com/imperial-pacific-casino-operators-with-ties-to-tether-wirecard-busted-for-money-laundering/
These efforts were aided in part by its “President of Global Capital Markets,” Shen Yan, a former Managing Director at Credit Suisse and Deutsche Bank in Hong Kong, Eugene Sullivan, a Ronald Reagan nominee to the United States appellate courts, was a director for Imperial Pacific, and after resigning that role, he was on the Advisory Board for the firm. Louis Freeh, the former director of the Federal Bureau of Investigations, was also on the advisory board for Imperial Pacific. Imperial Pacific’s Board also included James Woolsey, former director of the Central Intelligence Agency.
Sullivan also briefly served on the Board of Advisors to Noble Bank, an International Finance Entity based in Puerto Rico. Noble Bank was founded by Brock Pierce, a founder of Tether, and John Betts. Betts and Pierce had previously worked together at Sunlot Holdings in their bid to revitalize Mt. Gox. Sunlot Holdings was advised by Louis Freeh, a former Federal Bureau of Investigations director. Sullivan and Freeh are both partners in Freeh Sporkin & Sullivan.
Lubin held 95% of the Gnosis ICO and the remaining 5% was sold within 15 minutes. Another epitome of SEC compliance.
https://www.coindesk.com/markets/2017/12/31/most-influential-in-blockchain-2017-5-joe-lubin/
#TRUMP
How American Librarians Helped Defeat the Nazis
Recruited to the war effort thanks to their deft research skills and technological know-how, in WWII librarians used microforms to gather and share intelligence with Allied forces.
https://daily.jstor.org/how-american-librarians-helped-defeat-the-nazis/
Florida says school libraries have right to remove LGBTQ books: That’s authoritarianism’: Florida argues school libraries are for government messaging.
Floyd Abram’s legal rockstar free speech documentary from pbs
Developed this area of law cause NIXON loss to NYT printing stories re Vietnam and other stuff!!!
https://www.pbs.org/wnet/americanmasters/floyd-abrams-speaking-freely-about-the-documentary/28370/
Donald Trump should already be in prison.
Problem is that Merrick Garland did not really start investigating Trump and his co-conspirators until the January 6th Committee forced his hand.
We lost two years. If Garland had started from Day One, Trump would already be in prison.
Matt Klapper: He’s Merrick Garland’s chief of staff and the bridge to a viral moment about the AG’s grandparents fleeing anti-Semitic persecution in Russia
https://www.businessinsider.com/merrick-garland-doj-justice-department-matt-klapper-chief-of-staff-2021-3
@tribelaw
This is why we can confidently expect Judge Chutkan to reject Mr. Trump’s immunity defense in his DC trial for criminally trying to overturn the election and seize power, a trial in which I fully expect him to be convicted, thereby losing much of his current support in the polls.
Trump is now headed directly to conviction in DC for corruptly plotting to upend the Constitution’s system for transferring the executive power to the winner of the quadrennial presidential election
The Chutkan opinion rejecting Trump’s extravagant claim to absolute immunity “is meticulously crafted with the Supreme Court in mind.” As
@DennisAftergut carefully shows, her ruling is totally bulletproof.
https://slate.com/news-and-politics/2023/12/trump-march-trial-delay-ruling-chutkan.html
“By refusing repeatedly to adjudicate the factual claims of politicians, the media trained Americans to view all political rhetoric as equally suspicious,” writes @AmandaMarcotte
https://www.salon.com/2023/12/06/is-hiding-his-fascist-plans-in-plain-sight/
Trump’s “service as Commander in Chief did not bestow on him the divine right of kings to evade the criminal accountability that governs his fellow citizens,” Judge Chutkan ruled in a powerful 48-page opinion shredding Trump’s claim to be above the law.
Inside the mind of Trump’s ‘ruthless’ early lawyer, Roy Cohn
https://www.youtube.com/watch?v=4-L1FKjpxOs
Katy Tur spoke to former Assistant Special Prosecutor on the Watergate team, Jon Sale, about Donald Trump’s infamous former lawyer Roy Cohn, and how his legal playbook is in play in Trump’s modern-day legal troubles.
The Trump Dynasty – Roger Stone On The First Time He Met Donald Trump
https://www.youtube.com/watch?v=urgbbTOoLgI
Roger Stone recalls his first impressions of Donald Trump in this bonus clip from Episode 2, High Roller.
Nixon The IMPERIL PRESIDENCY
https://www.youtube.com/watch?v=33lnMpTPB3U
“Get Me Roger Stone”
https://www.netflix.com/title/80114666
is a 2017 American documentary film written and directed by Dylan Bank, Daniel DiMauro, and Morgan Pehme. The film explores the life and career of Roger Stone, a longtime advisor to Donald Trump, a notorious Republican political strategist and lobbyist.2 Stone helped create the real estate mogul’s political career and is known as the “sinister Forrest Gump of American politics.” The film examines Stone’s rise, fall, and rebirth as a political operative.1 The film was released on Netflix on May 12, 2017
Normal Lears’ groundbreaking contribution to television, includes founding People for the American Way. An organization founded to protect the separation of church and state and fight Christian Nationalism. *Still* needed.
VOTE / POLLS
Dow Jones posts best month in over 100 years
Unemployment lowest in 50 years – US Economy booming
The GOP loves blaming the deficit on Social Security and Medicare. But the real culprit is giveaways to the rich. If not for the regressive tax cuts under Bush and Trump, we would have a stable debt-to-GDP ratio.
That’s one thing the GOP and its donors will never tell you.
Joe Biden leads Donald Trump by *24 POINTS* among likely young voters according to the latest Harvard Youth Poll, the most accurate poll of young people out there. Ignore the other polls. Young voters will turnout in 2024 & re-elect Joe Biden.
– Older Americans are more likely to vote and, when they do, they vote Republican. That’s how the conventional wisdom goes, anyway.
The reality is a little more complex.
https://www.theguardian.com/news/datablog/2016/sep/23/older-americans-vote-republican-fact-check-election-2016
In the last presidential election, 72% of Americans age 65 and over voted, compared to just 41% of those age 18 to 24. Though that gap in turnout is huge, the fact that it exists is hardly surprising – it’s a pretty well-known fact that the older an American is, the more likely they are to vote.
But that wasn’t always the case – as recently as 1990, Americans age 45 to 64 were as likely to vote as those age 65 and over. And in the elections of 1964 and 1968, Americans who were 25 to 44 years old were slightly more likely to cast a ballot than the oldest voters.
Voters age 65 and over are the group most likely to vote for Republican nominee Donald Trump; those age 18 to 34 are the least likely to vote for him.
Older Americans are more likely to be white and they’re also more likely to be religious (Protestant or Catholic in particular) – and both of those demographic groups also tend to vote Republican for reasons that are quite separate from pension plans.
Research from Pew Research Center has found that baby boomers (those age 50 to 68) are less likely to identify with the label Republican than the uncomfortably titled silent generation (who are age 69 to 86).
TAX THE BILLIONAIRS
@RBReich
Remember: Most billionaires are not “self-made.”
They’re made via a combination of inherited wealth, government subsidies, tax loopholes, labor exploitation, and policy failures.
The myth of the self-made billionaire is just that, a myth.
Swiss Private Bank, Banque Pictet, Admits To Conspiring With U.S. Taxpayers To Hide Assets And Income In Offshore Accounts
https://www.justice.gov/usao-sdny/pr/swiss-private-bank-banque-pictet-admits-conspiring-us-taxpayers-hide-assets-and-income
A first-of-its-kind review confirming the following:
Unraveling how judicial activists seek to influence the Supreme Court
https://www.politico.com/video/2023/11/22/politico-review-how-a-medieval-jurist-appeared-in-the-dobbs-decision-1145799
Revealed: King Charles secretly profiting from the assets of dead citizens
Exclusive: Assets of thousands of people in north-west England used to upgrade king’s property empire via archaic custom
https://www.theguardian.com/uk-news/2023/nov/23/revealed-king-charles-secretly-profiting-from-the-assets-of-dead-citizens
‘He would turn in his grave’: the dead whose assets went to King Charles’s estate
How bona vacantia is used to collect money from dead people.
Four of the gold bars Sen. Bob Menendez stashed at his home were previously stolen from the businessman accused of bribing the New Jersey Democrat, according to a report.
The serial numbers on some of the gold found by the FBI during a June 2022 raid on Menendez’s Englewood Cliffs, NJ, home match identifiers that Fred Daibes reported to police after a 2013 armed robbery, according to NBC News.
https://nypost.com/2023/12/04/news/gold-bars-found-in-sen-bob-menendezs-home-linked-to-2013-robbery-report/
US senators own up to $1.2 million in Big Oil stocks.
The vast majority—up to $1.1 million—of the Big Oil stock is held by Republicans, all of whom opposed President Biden’s climate bill.
https://www.citizensforethics.org/reports-investigations/crew-investigations/senators-own-up-to-1-2-million-in-big-oil-stocks/
PRIVACY / HEALTH / HUMAN RIGHTS
A Women hasn’t been allowed in Athos for more than a 1000 Years.
Mount Athos is a mountain on the Athos peninsula in northeastern Greece. It is an important center of Eastern Orthodox monasticism.
Regulate artificial intelligence now!
New huge AI story from 404 Media: leaked docs show Civitai, hot AI startup funded by VC firm a16z, generated images that could be child pornography. Even after this discovery, OctoML, the engine that powers the startup, decided to keep working w/ Civitai
https://www.404media.co/a16z-funded-ai-platform-generated-images-that-could-be-categorized-as-child-pornography-leaked-documents-show/
NEW: 23andMe initially said its data breach hit 0.1% of customers (~14k).
23andMe now reveals that — actually — there were 6.9 million victims.
Number is so high because by hacking those ~14k accounts hackers then were able to get data from relatives.
https://techcrunch.com/2023/12/04/23andme-confirms-hackers-stole-ancestry-data-on-6-9-million-users/
Goldmines of information reside in the insurance industry & the determination of threat actors from Asia are amongst the most aggressive in seeking to breach insurance organizations in the United States.
23andMe confirms criminals stole ancestry data on millions of people.
It’s interesting to ponder the type of damage that will occur in the future as dna data is weaponized from these attack scenarios.
Elon Musk’s X platform fueled far-right riots in Ireland, experts say
https://www.cbsnews.com/news/elon-musk-ireland-x-twitter-far-right-dublin-immigration/
David Sirota @davidsirota
The head of the world’s climate conference being a monarchy’s oil CEO has me thinking back to two years ago when critics said Don’t Look Up was too overstated and unrealistic.
https://www.theguardian.com/environment/2023/dec/03/back-into-caves-cop28-president-dismisses-phase-out-of-fossil-fuels
IVY LEAGUE CORRUPTION AS A SERVICE
One of the world’s leading experts on misinformation says she was fired by Harvard University for criticising Meta at a time that the school was being pledged $500m from Mark Zuckerberg’s charity.
Joan Donovan says her funding was cut off, she could not hire assistants and she was made the target of a smear campaign by Harvard employees. In a legal filing with the US education department and the Massachusetts attorney general first published by the Washington Post, she said her right to free speech had been abrogated.
The controversial claims stem in part from Donovan’s publication of the Facebook papers, a bombshell leak of 22,000 pages of Facebook’s internal documents by the whistleblower Frances Haugen, who used to work at the company. https://www.theguardian.com/technology/2023/dec/04/facebook-harvard-joan-donovan
Watch This Please note CNN shared Facebook/Meta/Insta had “no comment” on the allegations the half billion donation won out over Dr Donavan’s academic freedom. Not unexpected when they can hide behind Harvard and its denial – sorta the point of $500MM.
https://twitter.com/jason_kint/status/1731894453202247684
Some parents paid $1.2 Million to get their kid into YALE???
George W. Bush went to Yale. Krugman, Fareed Zakaria, John Bolton and Dick Cheney too.
“Yale College’s mean GPA was 3.70 for the 2022-23 academic year, and 78.97 percent of grades given to students were A’s or A-’s.” Hell, Yellen got her Ph.D. in economics from Yale – how good could the school be?
The Ivy League, the Lake Wobegon of higher education.
Faculty report reveals average Yale College GPA, grade distributions by subject
Seventy-nine percent of Yale College grades were in the A range for 2022-23 — nearly identical to figures released by Harvard College in October.
https://yaledailynews.com/blog/2023/11/30/faculty-report-reveals-average-yale-college-gpa-grade-distributions-by-subject/
What is the purpose of a school library?
To cultivate a love of reading?
To expose students to new ideas and perspectives?
FLORIDA has a different definition. The DeSantis administration says the purpose of a school library is to “CONVEY THE GOVERNMENT’S MESSAGE” Florida @AGAshleyMoody took this position in an extraordinary legal filing arguing that the Escambia County School Board was free to remove any book from the school library, EVEN IF THE REASON IS THE BOARD’S DISCRIMINATORY POLITICAL VIEWS https://popular.info/p/florida-says-the-purpose-of-school
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