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NetHappenings Newsletter
TOTAL FAIL JANET YELLEN and Pelosi ARE killing the middle class
‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea and Pelosi to Tax ‘Unrealized Capital Gains’. They will both FAIL and the only tax that is going to work is to tax the BILLIONAIRS! Taxing unrealized gains grants the government the ability to monitor your each and every move. “Tax on unrealized gains is legal plunder.
Members of Congress and Federal Reserve officials should be BANNED from trading stocks and bonds. Kill the filibuster, pass voting rights, protect women’s rights, pass the infrastructure bill and build back better. In that order.
Neil Jacobs (@NeilJacobs) October 25, 2021
Forcing people to sell their assets is totalitarian. It’s antithetical to a free market and will cause second and third order effects that will be devastating to an economy.This is actually what taxing unrealized gains will do. #bitcoin
Gad Saad noted sarcastically that the unrealized gains tax was a good concept. “This sounds like a good idea,” Saad said scornfully. “Also, we should engage in punitive action on unrealized crimes. You find the person who looks guilty and you preemptively give them the chair (for community cohesion and diversity),” the author concluded.
They can’t even stop monetizing $120 BILLION EVERY MONTH of QE.
THIS is what the @federalreserve is massively exacerbating: wealth inequality.
@neelkashkari
@MaryDalyEcon
@RaphaelBostic
@NewYorkFed
The correct plan is to tax billionairs!
CFPB Director Rohit Chopra’s first appearance at the House Financial Services Committee
Bitcoin is the Trojan horse designed to pull all authoritarians out of their position and make the rest of the world rich.
BITCOIN HAS ALREADY WON
The whitepaper was posted to the cypherpunk mailing list on November 1st at 4:16pm PT. Why do we celebrate Whitepaper Day on October 31st?
– The Money printing will continue until morale improves!
– If you print trillions of dollars, it ends up increasing prices.
– Tesla will accept BTC payments again
– Retail banks will be allowed to hold BTC
– Mastercard holders will soon be rewarded with BTC
– Starbucks takes BTC payments at the register
– Bitcoin is coming to hundreds of U.S. banks this year
– Banks are asking for bitcoin losing customers to Coinbase
– Yan Zhao NYDIG President plans on including debit card rewards paid in BTC and a new type of bank account that is FDIC insured, but pays interest in bitcoin.
– Square will offer open-source BTC mining for everyone
– Lightning Network hitting ATHs
– Taproot going into effect on November 16
– Tether Trials Solution to Comply With FATF Travel Rule
– Bitcoin ETF is for dumb money
– BTC not your keys not your coin
– BTC is the only unconfiscatable asset
– BTC unstoppably good news about clean energy
– F^ck GOLD $200 million in gold extracted in Amazon mine through illegal licenses
The stock market has become a single point of failure for the global economy. Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World.
BITCOIN is trading at $59,200. The sky isn’t falling and we’re still up 104% ytd.
The FDIC Chairman just stated that regulators are looking at how US banks could hold bitcoin.
Bitcoin is inevitable. Bitcoin is good for business.
Bitcoin ATMs Double This Year, Exceed 30,000 Globally Walmart Allows Customers to Buy Bitcoin at 200 Stores and it will go to all of them.
Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
FTX secured licenses in the island territory and adopted the regulatory policies mandated in the Bahamas and Gibraltar.
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies. Pimco’s clients include central banks, sovereign wealth funds, public and private pension funds, financial and non-financial corporations, foundations, and endowments.
PNC, the 5th-largest bank in the U.S., plans to offer #Bitcoin investment services to clients.
3.7 million Bitcoin are probably gone forever. 20% of currently minted Bitcoin are gone forever, and can never be retrieved. A massive amount of early Bitcoin was lost, never to be found during the first 6 years of mining. It is not “in control”, it is lost. Making Bitcoin more valuable.
How Much Bitcoin Do You Need To Be Wealthy?
The Number Will Shock You
Tech workers complain of toxic work environments, unrealistic demands from employers, and a lack of career progression. Research suggests that they may have reached their limit.
https://www.zdnet.com/article/tech-workers-warned-they-were-going-to-quit-now-the-problem-is-spiralling-out-of-control/