Simsim.btc ∞ / 21 M

There are many expectations but only one outcome #bitcoin

[Matt Ahlborg @MattAhlborg]

1/ @Bitrefill believes it’s the largest commerce platform in crypto. As such, I wanted to share some deep thoughts on payment method (PM) popularity over time in the hope of pushing the industry forward:

Bitrefill Payment Method Megathread, 2024 Edition!

[Simsim.btc ∞ / 21 M @simsimbtc]

@fold_app needs to work worldwide!

[Simsim.btc ∞ / 21 M @simsimbtc]

@VailshireCap @DavidFBailey Classic

[Professor OneDigit @onedigitmoney]

PSA: Consolidate your small UTXOs before they become dust.

[Simsim.btc ∞ / 21 M @simsimbtc]

@moveitph I need help with my card I’m using the same card for grab with no issues but can’t book a move it with it. Please help me as soon as possible
also your support page leads to nowhere when I’m trying to add a ticket, unbelievable.

[halfin @halfin]

Running bitcoin

[Simsim.btc ∞ / 21 M @simsimbtc]

@GreeceWolt Not being able to order for three days now one girl Efi responded with a long copy and paste message yesterday at 12 pm and then didn’t respond more lol @GreeceWolt

[Simsim.btc ∞ / 21 M @simsimbtc]

@woltapp There is not much happening here either @woltapp

[Simsim.btc ∞ / 21 M @simsimbtc]

@woltapp Hey I have been trying to register and order for 2 days now. I’m in Greece a girl named Efi in support responded today at 12 pm it’s now 21 pm and I still can’t order. This is ridiculous @woltapp

[Simsim.btc ∞ / 21 M @simsimbtc]

@CryptoHayes @ethena_labs Watch out for the charm of unreal returns.

[Samson Mow @Excellion]

What effect does a $250 billion dollar inflow to #Bitcoin have over a period of days/weeks? Given the incredibly inelastic supply of BTC and the limited quantities available on exchanges, I’d say NgU.

h/t @JeschildTan

[Rho Rider @RhoRider]

⚠️ 99.99% of all crypto tokens real value is $0 with no actual market, so their only prices completely depend on manipulation & wash trading.

Exchanges only delist them when market makers are running out of liquidity and need it to keep the bigger coins alive

[Arthur Hayes @CryptoHayes]

US real rates are actually negative.

3Q23 nominal GDP = 6.3%
1-year treasury yield = 5.4%

-1.1% real rate

If you have a choice why let the govt make a profit at your expense, better to own tech stocks, gold, $BTC and retain purchasing power.

The Lord is my shepherd ....

[Mohamed A. El-Erian @elerianm]

While the substantial rise in yields is characterized as a global phenomenon, there is no doubt about what is leading the surge. Indeed, you need only look at the US-Germany yield differential which is now above 200 basis points for 10-year government bonds.
#economy #bonds

[*Walter Bloomberg @DeItaone]

🇺🇸 U.S TREASURY 2-YEAR YIELD RISES 10BP TO 5.199%, HIGHEST SINCE 2006

[Simsim.btc ∞ / 21 M @simsimbtc]

@0xHustlepedia Or buy bitcoin and stop selling this scam

[Simsim.btc ∞ / 21 M @simsimbtc]

@ionicXBT Lol

[Simsim.btc ∞ / 21 M @simsimbtc]

@napgener Milk

[Jeffrey Gundlach @TruthGundlach]

US budget deficit is near 9% of GDP in an economy not viewed as being in recession. That means if a year ago we actually (*shock*) balanced the budget, GDP would have been near -6% last 12 months. If rates stay at 5.5% long enough interest payments will go up another $1 TRILLION

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US spends another $73.3 billion on interest in July 2023 alone bringing YTD total to $726 BILLION.

We will soon see the first ever 12-month period with $1 trillion+ in interest expense on US debt.