The US fiscal impulse has been one of the most reliable leads for Bitcoin, tracking about 6 months ahead.
It is now negative year-over-year and set to deteriorate further, as the OBBBA spending (tax refunds, SALT cap increases, tip and overtime deductions, bonus depreciation) are frontloaded in the first half of 2026.
Post-pandemic, the fiscal impulse has been a key driver for risk assets. Its deterioration removes one of the few remaining macro tailwinds at a time when global liquidity offers little margin of safety and central bank easing breadth is already rolling over.
@davidalvarezdlt Buenas David, es sólo para cuentas nuevas? Me dice que el código es correcto, pero que no aplica. Tengo starter y quería probar advanced.
The Trump & Melania meme coins are terrible; it is putting our entire industry to shame
They are nothing more than blatant money grabs; that is not what crypto is supposed to stand for!
Trump is promoting exploitative investment schemes for his own profit
That is beyond wrong!
"Perfection is impossible.
In the 1,526 singles matches I played in my career, I won almost 80% of those matches.
But what percentage of points did I win?
54%
In other words, even top ranked tennis players win barely more than half the points they play.
When you lose ever second point on average, you learn not to dwell on every shot.
You teach yourself to think:
'Okay, I double faulted...it's only a point.'
'Okay, I came to the net and I got passed again...it's only a point.'
Even a great shot, an overhead backhand smash that ends up on ESPN's top 10 playlist – that too is just a point.
Here's why I'm telling you this.
When you're playing a point, it has to be the most important thing in the world. And it is.
But when it's behind you, it's behind you.
This mindset is crucial – because it frees you to fully commit to the next point with intensity, clarity, and focus."
–@rogerfederer
@SoyMrBro @pequeingresos Depende de las ventas, cuando pasa de 30-60k anuales según banco te cobran 0.2-0.4% con tarjetas nacionales, 0.7-0.9% con internacionales europeas y hasta 1.4% con tarjetas internacionales de fuera de europa.
This is exactly why we #holepunch
We're the product they want to milk for trillions.
Peer-to-peer Metaverse could be a thing, removing control from big tech and protecting the privacy of people.