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.