Imagine if you could simply print more money to pay your personal debts and expenses.
Credit card overdue? Print.
Mortgage payment coming? Print.
Want a new car? Print.
Welcome to fiat!
But for the government, not for you. You pay for their printing instead…
Bitcoin has bounced back to $63K, just under the previous Lower High. If we see a new Lower High formed the trend is still bearish and could see it go lower.
#Bitcoin
Michael Saylor, the CEO of MicroStrategy and a prominent Bitcoin advocate, has made headlines with his bold predictions about the future of cryptocurrencies.
In a recent talk, Saylor stated that he believes Bitcoin will be the only cryptocurrency approved by governments and regulators worldwide.
Saylor's argument is that Bitcoin's decentralized nature, strong security, and growing adoption make it the most viable cryptocurrency to gain widespread acceptance. He argues that other cryptocurrencies, which he refers to as "shitcoins," will be banned or heavily regulated due to their perceived risks and lack of transparency.
However, Saylor's views are controversial and not universally shared by the crypto community. Critics argue that his statements are self-serving, as MicroStrategy holds a significant amount of Bitcoin on its balance sheet.
They suggest that Saylor is attempting to promote Bitcoin to protect his own investments and drive up the price.
It's important to note that Saylor's predictions are speculative and not guaranteed to come true. The future of cryptocurrencies is still uncertain, and it remains to be seen how governments and regulators will approach the regulation of digital assets in the long term.
Channel 7 reports:
Pro-cash advocates call on all Australians to boycott Woolies & Coles nationally on Saturday, May 4
The Call Out Cashless Businesses Facebook group is leading the national movement that encourages consumers to avoid shopping at the supermarket giants
Privacy is a human right and is necessary for an open society in the electronic age.
No privacy? No freedom. No freedom? No wealth.
We need healthier public discourse around privacy with our money and our speech between our government and the citizens of this country.
Roger Ver, one of the earliest Bitcoin investors was arrested in Spain for alleged tax evasion and the US Govt is seeking his extradition. The US DOJ claims that Roger under-reported the value of his Bitcoin holdings when he gave up his US citizenship in ‘2014’.
At that time Bitcoin was the wild-west of investing. There were no rules and regulations governing Bitcoin. It wasn’t clear what the legal status of Bitcoin was. Bitcoin value would vary substantially with any large transaction crashing the price of Bitcoin. How do you assess the value of such an illiquid asset back in 2014? To now claim, a decade later, that Roger owes $50 million in taxes to the US Govt is ludicrous.
I have read the indictment and its completely novel, unprecedented and unfair. It’s also a hopeless attempt to attach a value to something that was trading in a fragile, volatile and unregulated market in 2014. Many ‘investment gurus’ at the time predicted the total collapse of Bitcoin and that crypto currency is only used by criminals as a tool for money laundering and potentially funding terrorism. No investment bank would have touched Bitcoin at that time.
How does the US Govt calculate what Bitcoin was worth in those days of total uncertainty? If Roger would have tried to sell his Bitcoin holdings in 2014 the market would have crashed by 80% or more. How do you fairly asses the value of something that is was so new and fragile? The US Govt doesn’t even make an attempt to be fair and balanced.
Make no mistake. This indictment has nothing to do with tax evasion. It’s a witch hunt against a man who turned his back on US wars and malicious foreign and domestic policy. Roger is a supporter of Julian Assange and press freedom not just with words but with actions. He’s a popular speaker at crypto events around the world where he educates people about the injustices caused by the US Govt.
Roger spoke out against mass surveillance, endless wars and the murder of innocent people for profit. He funded many good causes against US imperialism and that’s why they target him. At every opportunity Roger spoke about why he left his US citizenship behind and a wave of successful Americans followed his example. The US Govt has lost hundreds of billions because Roger was leading the way for many successful entrepreneurs who followed his example.
This is a malicious attempt to vilify Roger and to punish him for exposing and opposing the crimes of US empire.
Roger Ver is one of my closest friends and I vouch for his integrity and exemplary leadership. His empathy for humanity and his efforts to take the world on a path of peace through technology are laudable. He always stood up against evil and now I would like to ask the crypto community to stand up for Roger Ver.
He has done so much good for the crypto community with his advocacy and investments. Let’s leave our differences about what’s the best coin behind and join together to help him. He has played a crucial role in the history of crypto and is deserving of our support. We didn’t call him Bitcoin Jesus for nothing. #FreeRogerVer
🚨 REPORT: @Solana flips every other chain, including Bitcoin and Ethereum, in Weekly NFT Blockchain Users adoption.
Dominance: 46%
Blockchain Users: 139,000
The future of ecommerce and payments is onchain 💪
@Helio_Pay’s Solana Pay x @Shopify plugin:
- Offers merchants low fee, real-time settlement in @Circle’s $USDC
- Powered $35m in #Chapter2 sales
- Saved @SolanaMobile $1m+ in fees
Learn more👇
https://t.co/VU50QvPOny
Details for Brisbane's National Day of Protest are now finalised.
For all other states and territories, visit the One Nation web site: https://t.co/rjyR50rUmV
Brisbane
Sunday 5th May | am
King George Square, Brisbane
JOIN concerned citizens protecting democracy and basic freedoms that the Uni-party is trying to kill through combining these legislation & systems:
• Identity Verification bill - passed parliament;
• Digital Identity bill - paused in parliament due to strong public opposition;
• Misinformation/Disinformation censorship bill paused in parliament;
• New Payments Platform - in use & tracking every digital financial transaction;
• Digital global currency - Reserve Bank admits developing this with central banks.
If people allow the Liberal-Labor Uni-party to continue with Digital ID and Mis/Disinformation Bills, the Uni-party will hand globalists the foundation for a Social Credit System that will control every aspect of our lives.
Send a strong message to MPs: NO Digital ID bill, NO censorship bill.
Please consider signing the petition: https://t.co/QOYgB39oVA
#NoDigitalID #SayNo @DaisyCousens