v_mihaylov

[Bitcoin.com News @BitcoinNews]

Bitcoin was supposed to be immutable.

What if the fix for its quantum threat is freezing old wallets?

In this episode of The Weekly, Graham and Alex unpack the BIP 361 debate, Bitcoin’s neutrality, and whether “safety” changes the asset.

@graminitha1 @2084Richardson

[Swift @swiftcommunity]

Have you heard the news? 📰

In the Sibos opening plenary, our CEO, Javier Perez-Tasso, revealed plans to add a blockchain-based shared ledger to our infrastructure stack.

Together with over 30 leading financial institutions, this initiative aims to make real-time, 24/7 cross-border payments a reality—at scale, across more than 200 countries and territories.

Want to learn more? Read all about it https://t.co/rs8Z784GEi

#swift #swiftatsibos #sibos #blockchain #payments #digitalfinance

[v_mihaylov @vasil_mih]

Ray Dalio: We’re Heading Into Very, Very Dark Times! America & The UK’s ... https://t.co/2xA2zvtgHE чрез @YouTube

[v_mihaylov @vasil_mih]

https://t.co/nzOKcVuE3n

[v_mihaylov @vasil_mih]

https://t.co/PP5XZU1eyF

[BitGo @BitGo]

The only reputational risk with digital assets now is not being involved in the revolution.

[Tucker Carlson @TuckerCarlson]

Treasury Secretary Scott Bessent explains the administration’s new tariffs, and why we had to do something to stop the slide.

(0:00) Trump’s Tariff Plan
(5:42) The Current State of the Stock Market
(8:22) Will Americans See Substantial Tax Cuts Because of Tariffs?
(13:16) How Much Money Will America Make Through Tariffs?
(14:33) Bringing Manufacturing Back to the US
(20:14) Tariff Pushback From Foreign Countries
(22:16) Will China Retaliate?
(25:42) How Will Europe Be Impacted?
(33:12) Is the Upper Class Out of Touch With the Lower and Middle Class?
(35:47) Bessent’s Biggest Worries
(42:35) The Long Term Benefits of DOGE
(46:17) The Corruption of the Federal Reserve
(49:22) Why Gold Is So Critical Right Now
(52:13) Zelensky's Self-Sabotaging Negotiation Tactics
(1:00:19) The Trump Administration’s Messaging About the Economy

Includes paid partnerships.

[Coin Bureau @coinbureau]

🚨🚨BREAKING: Trump has announced on Truth Social that the US will build a "Crypto Strategic Reserve that includes XRP, SOL, and ADA."

[v_mihaylov @vasil_mih]

Ondo Summit: Ripple Ondo Chainlink Blockdaemon and Uniswap Take the Stage https://t.co/tORyaMMcGd чрез @YouTube

[Flare ☀️ @FlareNetworks]

The first perp DEX on @FlareNetworks, fully backed by Flare Time Series Oracle, is here—welcome to @SparkDexAI Eternal☀️

Up to 100x leverage
Automated conditional orders
Smooth transactions across 12 chains
Major crypto + commodities & forex coming soon

https://t.co/a3KTT2o6oP

[Lookonchain @lookonchain]

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

This whale initially only spent 0.0135 $ETH($27) to buy 2.1T $PEPE and has held it until now.

From $27 to $52M—an extraordinary 1,900,000x return!

https://t.co/Et442zxUGk

[v_mihaylov @vasil_mih]

Sergey Lavrov’s interview to Tucker Carlson, Moscow, December 6, 2024 https://t.co/jbvPuLfzce чрез @YouTube

[Bitcoin Archive @BitcoinArchive]

Amazon Shareholder Statement requesting the Board consider buying #Bitcoin as a treasury reserve asset.

Bitcoin Treasury Assessment

Supporting Statement:
In periods of consistent, and often rampant, inflation, a company’s value is measured not only by how profitable its primary business is, but also by how well it stores the profits from that business.

Corporations that invest their assets wisely can – and often do – increase shareholder value more than more profitable businesses that don’t. Therefore, during inflationary times, corporations have a fiduciary duty to maximize shareholder value not only by working to increase profits, but also by working to protect those profits from debasement.

The average inflation rate in the US over the last four years according to the CPI – a remarkably poor measure of inflation – is 4.95%,¹ peaking at 9.1% in June, 2022. In reality, the true inflation rate is significantly higher, with some studies estimating it to be nearly double the CPI at times.² So a corporation’s assets have needed to appreciate at those rates just to break even.

As of September 30, 2024, Amazon has $585 billion in total assets, $88 billion of which is cash, cash equivalents and marketable securities, including US government bonds, foreign government bonds and corporate bonds.³ Since cash is consistently being debased and bond yields are lower than the true inflation rate, Amazon isn’t adequately protecting billions of dollars of shareholder value simply by holding these assets.

Amazon should – and perhaps has a fiduciary duty to – consider adding assets to its treasury that appreciate more than bonds, even if those assets are more volatile short-term.

As of December 6, 2024, the price of Bitcoin increased by 131% over the previous year,⁴ outperforming corporate bonds by 126% on average.⁵ Over the past five years, the price of Bitcoin increased by 1,246%,⁶ outperforming corporate bonds by 1,242% on average.⁷

MicroStrategy – which holds Bitcoin on its balance sheet – has had its stock outperform Amazon stock by 537% in the previous year.⁸ And they’re not alone. Institutional and corporate Bitcoin adoption is becoming more commonplace: more public companies such as Tesla and Block have added Bitcoin to their balance sheets;⁹ Amazon’s second and fourth largest institutional shareholders – BlackRock and Fidelity, respectively – offer their clients a Bitcoin ETF; and the US government may form a Bitcoin strategic reserve in 2025.¹⁰

Though Bitcoin is currently a volatile asset – as Amazon stock has been at times throughout its history – corporations have a responsibility to maximize shareholder value over the long-term as well as the short-term. Diversifying the balance sheet by including some Bitcoin solves this problem without taking on too much volatility. At minimum, Amazon should evaluate the benefits of holding some, even just 5%, of its assets in Bitcoin.

Resolved:
Shareholders request that the Board conduct an assessment to determine if adding Bitcoin to the Company’s treasury is in the best long-term interests of shareholders.

[Linda P. Jones @LindaPJones]

Super! Create a new Treasury-issued US Dollar backed by physical assets. Sign agreements with BRICS. Problem solved!

[SEC Chair Gary Gensler Archive @GenslerArchive]

On January 20, 2025 I will be stepping down as @SECGov Chair.

A thread 🧵⬇️

[v_mihaylov @vasil_mih]

Ripple attorney Stuart Alderoty talks about the final judgment in SEC v ... https://t.co/IuetO8N79D чрез @YouTube

[QE Infinity @StealthQE4]

Boom 💥

Ben nails it. Brilliantly stated.

[v_mihaylov @vasil_mih]

Stop “The Great Taking” https://t.co/YaIFDLnOTo чрез @YouTube

[The Kobeissi Letter @KobeissiLetter]

This is mind-blowing:

US Federal debt just hit another record and is $2.5 billion from reaching $35 trillion for the first time in history.

Since 2019, US Federal debt has skyrocketed by $13 TRILLION.

To put this into perspective, the US has added debt equal to 45% of Q2 2024 GDP in 5 years.

This means the Debt-to-GDP ratio is now a massive 122%, up 19 percentage points in 5 years.

Federal debt in the US has never grown so rapidly relative to the economy.

We are on an unsustainable fiscal path.

[v_mihaylov @vasil_mih]

https://t.co/QBpYRJgS9m