"The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets" - @WSJ
This is a major milestone on the road to institutional #bitcoin adoption.
https://t.co/b9r8Av9uys
Total global debt to GDP is 4x
If average interest rate is 3%, then global GDP needs to grow at 12% annually just to keep pace with the organic growth of the debt
Is 12% GDP growth likely (not even considering new deficits?)
The debt spiral accelerates. Pure #math.
#btc
Loved ending my week with this little rant about money printing and #Bitcoin on Making Money with @cvpayne! Thanks for having me and shout out to @PrestonPysh for my ending thought ๐ค
We're giving some #bitcoin away!
How much? $1 million worth?! $1.5 million worth?!!?! We don't actually know yet.
The later our Big Game ad airs, the more #bitcoin you can win. See you Sunday! #FTXcontest
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