The AI buildout is absorbing capital at historic scale, creating temporary pressure across global markets. That does not weaken Bitcoin. It strengthens the case for scarce, liquid, digital capital. Bitcoin remains the premier asset for the long term. $BTC
Anyone still cheering on Labor's Budget either hasn't read it - or doesn't understand it.
It is so destructive.
So idiotic.
And so economically incoherent...
That I predict Labor's days in government are numbered.
Most damning of all?
The hardest hit are actually the lowest paid.
Article | https://t.co/8M5d5f9nz5
Albanese is holding a press conference with the PM of New Zealand. A journalist asked why New Zealand doesn't have CGT tax and the NZ PM said it would be a wrecking ball for the economy. Albanese was rattled, is rattled. Albo tried to stop him from speaking. Albanese is rattled.
Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.
Clare O'Neil offloaded her investment property. Many in Labor offloaded their investment properties, right before Albanese crashed the market.
Clare sold her investment property for $1.375 million. Property records show that property is now worth $987,000
🚨🇩🇪 GERMANY CENSORSHIP
Man SLAPPED with a FULL MONTH SALARY fine just for calling Chancellor Fridrih Merc “LYING FRITZ”.
Court ruled it’s an INSULT to a politician. Punishment = 30 days income, basically his ENTIRE paycheck gone.
@TheApeOfGoldST It will still achieve $1 million per coin in the early 2030’s. Nothing has broken or changed. I wrote a book about this and will be correct. Right now it looks like gold in 2000 or 2015. But it is silly cheap in gold terms and a much better buy.