🇸🇻 President eliminates taxes and encourages all #Bitcoin adoption
🇺🇸 President wants to tax miners 30%, launched a coordinated attack against Bitcoin, pushes for a CBDC
Some embrace innovation, others push it away
Dear SEC,
Where were you to protect me from crypto back in 2012? Thanks to crypto I have lost a lot of things:
- A 2002 Toyota Corolla
- A tiny rental house
- A boss
These things were replaced by a Lambo, a mansion, and my own company. BUT SEC YOU DID NOTHING TO SAVE ME
Something that blew my mind when I first learned it:
Bitcoin's mining difficulty is updated every 2,016 blocks... as in, 6102 backwards
Also Satoshi chose as a birthday April 5, same day FDR issued 6102
Bitcoin was invented to stop government theft of citizen resources
The Federal Reserve's 25 basis points (bps) rate hike on March 22 appears to be the key driver behind @litecoin beating its crypto rivals over the past 24 hours.
Notably, #LTC price rallied over 15% versus #BTC and about 14.5% versus #ETH since the Fed announcement.
FED’s Powell F’ed everyone. Rasing interest rates will crash stocks, bonds, real estate, & $ US dollar. NEXT CRASH: $ 1 quadrillion derivatives maket. $ 1 quadrillion is $1 thousand trillion. God have mercy on our world. Klaus Schwab owns Powell, Yellin, & Biden’s souls.
The liquidity situation in crypto is worsening after the banking fears this month 📉
I dived into several liquidity metrics to give an update on all things crypto liquidity🧵
First, $BTC liquidity has dropped to 10 month lows as market makers lose access to USD payment rails👇
My conversation with @CaitlinLong_ is now live.
- Banking crisis
- Fed response
- Interest rates
- Inflation
- FedNow & CBDC
- Chokepoint 2.0
- Custodia Bank
- Bitcoin
This was packed with insights. Enjoy!
https://t.co/eGTZYpS06k
#Bitcoin is a report card on monetary policy and financial stability. In other words, it was built for these times.
On a risk-adjusted basis, BTC is the best-performing asset of the year, outpacing growth stocks, banks, and major stock benchmarks.
This is no fluke. Over longer periods, BTC is either the single best-performing asset or one of the five best. Read more from @galaxyhq Research: https://t.co/H02qBkp0TN
1) Bitcoin’s moment is just beginning
2) BTC is 50%+ renewable, moving this way by 6% per year, and will capture a ton of emissions
3) BTC is not moving to Proof-of-Stake
4) Zero mention of how BTC helps millions of disenfranchised worldwide
5) Embarrassing for @TheAtlantic