NETHAPPEINGS NEWSLETTER #BITCOIN, WE DEMAND THE SPOT BTC ETF
“No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine.”
— William Blum (Former U.S. State Department Employee)
“Yeah, we wouldn’t our government to bust terrorists or organized crime syndicates by tracking their money. GTFOH”
“I can’t see that technology ever being used for evil or anything. We already barely know what’s going on because of all the human liars we’re dealing with out there, and now reality gets to be whatever Google says it is.”
“The death of John D. Rockefeller in 1937. The family held a press conference where the family accountant was asked, “How much did he leave behind?” The quick answer was “All of it.””
The Walton Family, who own one of 2 of the largest Employers in America, have 80% of their Employees, on Government Assistance. This is how Welfare Queen Capitalism actually works.
#Bitcoin block 800,000 is 415 blocks away
~280 days until the halving
‘Transcend’ The U.S. Dollar—BlackRock CEO Issues ‘Important’ Crypto Prediction After Huge Week For The Bitcoin, Ethereum And XRP PriceBitcoin traders say ‘get ready’ as BTC price preps 2023 bull market
VIDEO #Bitcoin adoption is not optional – @saifedean
Democrats better know…
that the majority of their voting base
is between 21-49 years old
and very invested in bitcoin.
Democrats will lose if this keeps up
Second-highest ranking Democrat US Sen. Dick Durbin openly criticized “crypto” during question time and asked Securities and Exchange Commission Chair Gary Gensler to crack down harder on the industry.
Turbin Durbin Don’t be like Kuwait.
Kuwait bans #Bitcoin payments, investments and mining.
FYI Sheikh, Bitcoin is Halal!
THIS IS AN ANTI TECH MOVE by POLITICIANS & BANKERS
THEY CAN’T SHUT DOWN BITCOIN
American Bank technology atrophied.
Can Banks’ Relationship With FIS, Fiserv, And Jack Henry Be Fixed?
FED itself with the technology No incentive to upgrade.
Tech banks didn’t buy that software.
FIS Jack Henry was an approved integrators and buy their software which have the monoply with 5 – 7 year contracts that has to pay entirely.
https://www.forbes.com/sites/ronshevlin/2021/11/22/can-banks-relationship-with-fis-fiserv-and-jack-henry-be-fixed/
OPERATION CHOKEPOINT 2.O Banks can’t help the crypto biz
The US government profit from a little BTC sell. Interesting timing to dump $250 million of $BTC as the public perception of traditional banks was faltering.
Fed can’t transact – wire room is closed at 4pm.
Fed kept it open after 4 pm to help AIG but it didn’t for Silicon Valley bank.
Cause certain banks got ahead of the Fed’s tech.
FEES – WON’T ALLOW A SOLUTION
CENTRALIZATION OF BANKS
$1.00 THRU A LIGHTENING NETWORK IS BACKED BY BITCOIN
8 BILLION CAN DOWNLOAD AND RUN IT LN ON THE PHONE RIGHT NOW.
Fun fact — Gary Gensler is not a lawyer.
The @AmerBanker just published my column explaining why and how the courts will eventually rein in Gary Gensler and his attack on the crypto industry. No subscription needed to access this article.
Wall Street’s illegal naked short selling steals from retail investors. Shame on SEC Chairman Gary Gensler for his inaction! #ProtectInvestors
Representative Eli Crane recently sent a letter to Gary Gensler, asking for an update on MMTLP.
NO CLARITY GARY
We can’t forget Gary Gensler himself told us how it will play out “it will be settled in court at some point in time and maybe there will be regulatory forbearance and it will be determined it not to be” “I think regulators and courts will bring greater clarity to the security definition at some point in time I think XRP might be decided it be decided it’s not a security but that will be played out over the next 18 to 36months” 31 months later on the 13th of July 2023 933 days exactly The Court- XRP SOLD THRU EXCHANGES NOT A SECURITY XRP SOLD TO INSTITUTIONAL INVESTORS DIRECTLY FROM RIPPLE WHERE THERES A CONTRACT IS A SECURITY. Congress is up next to be continued……
WHALES EXIT
Ethereum institutional investor getting rid of what is now clearly a security?
A wallet that received over 61,000 $ETH after the initial coin offering (ICO) in 2015 transferred the entire amount to a wallet linked to crypto exchange Kraken, blockchain data shows.
SEC’s Gensler Grilled by Lawmakers;
Spot Bitcoin ETFs Could Bring $30B in New Demand: NYDIG
https://www.coindesk.com/tv/first-mover/secs-gensler-grilled-by-lawmakers-spot-bitcoin-etfs-could-bring-30b-in-new-demand-nydig/
Have you noticed that the angriest about the SEC crypto crackdown just happen to be the same influencers who were paid to shill all the scams during the bull market?
https://twitter.com/Pledditor/status/1672175796604248064
Why Tokens Why Ordinals
Do these people realize they are evil rent-seekers?
Why were Ordinals adopted by exchanges way faster than exchanges adopted Lightning?
@Melt_Dem explains it in plain terms:
“The High-Priestess of Memes and Dickbutts”
https://twitter.com/RaoulGMI/status/1667164158385610753
Time it took Binance to integrate Lightning Network:
5 years, 6 months, 18 days
Time it took Binance to integrate Ordinals Protocol:
4 months, 11 days
If that isn’t the nail in the coffin for the laser eye maxi stagnation approach to building I don’t know what is. I still can’t believe she said with a straight face she like tokens because they use them to pump and dump institutional money on a pool of retail losers.
Turns out Bitcoin Magazine is the founder of RFK’s PAC “Heal-The-Divide” co-founder and Bicoin Media CEO David Baily Anthony Weiner crawled out of his hole to attack RFK for supporting #bitcoin Turns out Bitcoin Magazine is the founder of RFK’s PAC “Heal-The-Divide” So much for “in full disclosure” from any media figure or company.
Anyone remember when pro-bitcoin candidate and Tether founder Brock Pierce ran for president? Sofar controlled by US which empowers tether.
Nasdaq halts plan for crypto custody service due to U.S. regulatory conditions
This exchange between @SenJohnKennedy and @GaryGensler is probably the high point of the day 😂😂😂
BREAKING: U.S. SENATOR JOHN KENNEDY DEMANDS THAT GARY GENSLER EXPLAIN WHY HE AND THE SEC ALLOWED THE FTX FRAUD TO HAPPEN
Bitcoin For All https://nydig.com/
We’re building an inclusive financial system that makes Bitcoin a universal option for billions of people worldwide. Bitcoin is a resource for human progress, and NYDIG is the gateway.
Bitcoin Spot ETFs Could Bring $30B in New Demand, Crypto Trader NYDIG Says
A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats.
https://www.coindesk.com/markets/2023/07/20/bitcoin-spot-etfs-could-bring-30b-in-new-demand-crypto-trader-nydig-says/
Fundstrat’s Tom Lee Predicts Bitcoin Rally to $200,000,
Says People Underestimating Impact of Spot BTC ETF
The managing partner of Fundstrat Global Advisors, Tom Lee, is making a six-figure prediction for Bitcoin (BTC).
Lee says in a new CNBC interview that Bitcoin could explode by over 500% from the current level within five years.
Asked to give a timeline for his price prediction, the Fundstrat managing partner says Bitcoin could surge to “something around $200,000 within five years.”
Bitcoin is trading at $29,982 at time of writing.
On the rationale for his bullish thesis, Lee says,“Bitcoin is very useful. I think in the US there’s a tendency to think the financial system works well for everybody. But for people who have money, it does work well.”
The Fundstrat managing partner says the impact of a spot Bitcoin exchange-traded fund (ETF) getting authorized in the US is being underestimated.
“If you know people concerned about #Bitcoin’s volatility please let them know the problem goes away when the price reaches $10-20 Million”
Possible Strategy for young parents with kids.
1) Buy 0.1 BTC when you have a child.
Hold that BTC in cold storage, and don’t touch it.
When the kid is 18 and going to college, your BTC is worth magnitudes more. College tuition is now paid for.
2) Buy a rental property when you have a child
Put that property on a 20 year mortgage
When the kid is 18 and going to college, your property is just about paid off
Refinance the rental to pull cash out
College tuition is now paid for
(Did this for both of our kids)
RICHASHELL.com
Of the 1% by the 1% for the 1%
FRANCIS BULLBITCOIN.COM @francispouliot_
I rarely have my mind blown by Bitcoin, but it happened big time this morning on a 2h technical brainstorm about Payjoin integration with Cyphernode and Bull Bitcoin.
Two *major* innovations that Payjoin enables that I had never thought of, and completely change the game.
@peterktodd a payjoin server would only sign RBF bumpfee transactions that have the same outputs (or that it agrees with). RBF transactions can’t be maliciously replaced by sender without collaboration of the recipient. Sender can still double spend a utxo, but not via RBF actually, on second thought, does RBF allow replacement if only one of the inputs has added a higher fee, or does it require all inputs? and also if the recipient of a payjoin (payjoin server) does not agree to bump a fee, the sender can still force a CPFP because he owns one of the ouputs too. You know you love Bitcoin when you book technical video chats at 6h30am to discuss open-source projects.
Jesse Pollak from @Coinbase just had a presentation at EthCC where he mentioned “On-chain” exactly 30 times, “Web3” zero times. With every new boom/bust cycle, the crypto VCs must rebrand & repackage old ideas with new buzzwords. Rinse and repeat.
3/31/23 The 🇺🇸 US has recently sold 9,861 #Bitcoin from the Silk Road seizure. They plan on selling 40,000+ more BTC over the course of this year
https://twitter.com/BitcoinNewsCom/status/1641829987568308225
US Govt Sold 9,800 BTC on March 14, Intends to Sell a Further 41,500 BTC Connected to Silk Road in Four Batches Over the Course of the Year: Court Filing
https://twitter.com/tier10k/status/1641821284341280768
They sell confiscated Bitcoin fairly regularly through GSA auctions, so this really shouldn’t be news except that it’s related to Silk Road.
Bankman-Fried using company funds for criminal defense, FTX says https://theblock.co/post/240859/bankman-fried-using-company-funds-for-criminal-defense-ftx-says