🚨 BREAKING ��
COINBASE .VS SEC CASE
JUDGE SAID “ THESE 1933 LAWS
HAD A GREAT RUN FOR 90 YEARS
BUT WE HAVE NEW TOOLS NOW
AND NEW THINGS AND WE NEED
TO READDRESS ”
THIS IS BULLISH FOR ALTCOINS 🔥
There is a vote going on right now in Maine where the state’s residents are voting to do a hostile takeover of their two largest electric companies.
Out of a job would be the existing for-profit companies. In its place would be a non-profit, community owned alternative that would operate the electricity grid for the state. If the vote succeeds, the state will need to borrow billions to buy out the existing owners.
Is this an example of misguided socialism or is this extreme capitalism? The proponents are offering cheaper prices and better service if the buyout happens.
Whatever the outcome, this is another step in the right direction: educating consumers to take control of their energy needs.
America’s energy infrastructure is aging and very expensive to maintain. Prices to consumers keep going up even though the cost of generating electricity keeps going down. The reason is the inefficiency of the utilities who are monopolies in the areas in which they operate.
The right antidote to this is to empower homeowners to generate their own electricity because it creates a lasting competitive force to make their local utility operate better and cheaper no matter if that utility is a for-profit company, or potentially, in Maine’s case, a non-profit community owned alternative.
Narrative violation for the "progressive" left: The American Dream is alive and well.
12% of American Families are now Millionaires
"Perhaps most noteworthy, there really are a lot of true millionaires. About 16 million American families—just over 12%—have wealth exceeding $1 million, up from 9.8 million families in 2019. Nearly eight million families are multimillionaires, i.e., their wealth exceeds $2 million, up from 4.7 million."
Who are mini-millionaires?
"They generally earn between $150,000 and $250,000 a year. Rather than being left behind as all the gains in the economy accrue to billionaires, they have in fact seen bigger wealth gains over the past three years than the top 10% of families."
Who saw the biggest gains in wealth?
"Indeed, the biggest wealth gains between 2019 and 2022 were among the approximately 13 million families in the 80th to 90th percentile of the income distribution. Their median wealth jumped 69% from 2019, adjusted for inflation, to $747,000 in 2022."
https://t.co/q2bWHhnX2v
This is capitulation.
Even the most bullish investors have run out of conviction and money to buy the dips and all the other investors flushed out the system. There is no one left to buy and therefore no liquidity. It’s the beginning of last flush out before the next cycle.
There will be a lot of FUD as people justify their decisions to sell and leave. It will feel like even the best tokens are doomed.
Your only job now is to stay in the game ! My best advice is to avoid twitter, avoid watching prices and either keep building or take a vacation.
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⚡ StreamSwap on MAINNET ⚡
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The US just banned altcoin trading.
They did it in a way that wouldn’t cause an uproar. They didn’t make any announcements or even go through congress. They used the SEC as a tool to regulate through enforcement.
Are you ready to rise?
T-minus 1️⃣ day until the #MoonriverRise celebration!
Join us alongside @dhruvdang (@QodaFinance), @thinkwildcrypto (host), & the entire Moonriver community for fun & pizza 🍕 #DecentralTogether
🗓️ Thurs. April 6 ⏰ 18:00 UTC
🎟️ https://t.co/PUJcWqGjL7
The US government will NEVER allow #Bitcoin to replace the US Dollar.
Did Britain allow the US dollar to replace the Pound Sterling?
Did Dutch allow the Pound to replace the Guilder?
Did French allow Guilder to replace the Franc?
Did Spanish allow Franc to replace the Real?