BREAKING: The UK is drafting a law to scan every photo, video and message on every phone in the country.
Tech CEOs who refuse to implement this could face up to 5 years in prison.
The proposal would force companies to build device level scanners that inspect content before encryption.
That means:
• Every image scanned
• Every message inspected
• Every video analyzed
All directly on your phone.
Governments and companies pushing these safety” systems already have a terrible track record protecting user data.
Last month, Europe’s new age verification app, promoted as a way to "keep children safe," was hacked in under 2 minutes.
In another case, over 70,000 IDs and selfies linked to online verification systems were exposed in a major breach.
Now the UK wants even deeper access directly inside your device.
Once governments force surveillance tools into every phone, they can expand what gets monitored at any time.
A lot of activity right before the NY open.
Short term, this looks like seller exhaustion. Especially in the lowest 30m candle, sellers got very aggressive - but because of the wick, they all ended up trapped.
From an intraday perspective, that could be the read for the reversal.
Let’s see how far this can take us to the upside. $BTC
The One Million Dollar bet against Alts
While everyone was buying this garbage
I shorted 100 of them a month ago
For now 82 are in profit, 18 in a loss
Once again DrProfit was right again
A radiologist: If I have cancer, I won’t go to the hospital. I’ve seen too many people die from chemo, not from cancer. I’ll fast for 30 days and I’ll stop working.
NETHERLANDS TO TAX UNREALIZED BITCOIN GAINS
Netherlands is moving toward taxing unrealized capital gains on bitcoin, stocks, bonds, and other assets after parliament voted to overhaul annual income tax filings.
Under the new system, investors will owe tax each year based on changes in asset value, even if nothing has been sold.
The reform, known as Wet werkelijk rendement Box 3, is scheduled for 2028 and will tax actual returns by measuring the difference between an asset’s value at the start and end of the year, plus any income received.
That means both realized and unrealized gains will be taxed.
Critics warn the shift could create serious liquidity problems, forcing investors to pay taxes on paper gains without having cashed out.
Gold is making history:
Gold prices returned +6.0% in November, marking the 4th consecutive monthly gain.
This followed +3.7% in October and +11.9% in September.
Gold posted positive returns in 10 out of 11 months this year.
Over this stretch, gold rallied +60.7%, on track for its best annual performance in 46 years.
This would also mark the 4th-strongest year over the last 100 years, only behind 1973, 1974, and 1979.
Gold's momentum is historically strong.
It's official:
President Trump is now calling for the first 300+ basis point interest rate cut in US history.
This would be 3 TIMES larger than the 100 bps cut on March 15th, 2020, the largest in history.
So, what happens if the Fed does this? Let us explain.
(a thread)
Don’t focus on going from 0 to 100 in your trading.
Focus on going 0 to 10.
Then 10 to 20.
Then 20 to 30.
Step by step.
That’s how you build habits that actually stick.
Once you make $1m
You want $10m
And then $25m
And then $50m
And then $100m
After $100m
The human brain opens up and realises billions is possible. You begin to believe.
My goal: $1bn dollars. Not because I need the money, not because of greed, but because it’s an achievement that very few people in the world ever achieve. It’s a trophy, it’s an accomplishment. This entire simulation we are living in is nothing more than a simulation. I just enjoy playing the game. Money will not make you happy. It may buy you temporary pleasure, that’s about it. True happiness comes from within, health, love, happiness, security. Wealth does help those things, but without the things mentioned above you can have all the money in the world and you will not be happy. I hear many billionaires are unhappy. I will not. I’ll love the same life as i’am today.
Cardano is one of the most underrated technologies in crypto.
But 99% of people dont really understand what is being built, the investment thesis changes fast.
12 things about Cardano the casual investor has completely overlooked:
(4th shifts the entire narrative) 🧵
This is how your goals should look.
Make $1k from trading.
Make $5k from trading.
Make $10k from trading.
Make $50k from trading.
Make $100k from trading.
Make $250k from trading.
Make $500k from trading.
Make $1million from trading.
Most traders have this backwards.
I’m in Spain right now.
Powers out across the entire country.
wtf.
No electricity.
Shops closed down.
No cards working.
No elevators.
And one thing i can tell you for sure is:
Never be fat in this life.
I walked 12 floors up to my hotel apartment.
I saw fat people sitting on the stairs out of breath.
On another floor, a woman in CPR position.
Please never be fat.
When life gets real,
Your body is either your weapon,
Or your death sentence.