5 months ago
👉 Mircea Popescu, the man who held 1 million Bitcoin, found dead in Costa Rica.
On June 23, 2021, Mircea Popescu, a 41-year-old Romanian and Bitcoin maximalist, was found drowned off the coast of Costa Rica.
The man who claimed to hold 1 million Bitcoin is dead and his death raised many questions... What if it wasn't a drowning?!
The man who challenges institutions.
In 2012, Popescu created MPEx, a Bitcoin securities exchange.
The platform is very successful and quickly becomes a hub for the first Bitcoin IPOs.
Popescu gained a reputation as an early and vocal opponent of cryptocurrency scams.
He was quickly in the sights of the SEC, which accused him of providing tools to scammers via his Mpex platform.
Indeed, one of the most popular gambling sites of the time, Satoshi DICE, is registered on its platform.
But Popescu was known for mocking the SEC, all of whose correspondence he posted on his blog.
A holder too dangerous for Bitcoin?
“I like Bitcoin because I like freedom. It’s that simple,” Popescu said.
One of the theories about his death arises from the fact that Mircea held 1 million BTC.
Technically, if Popescu sells his 1 million Bitcoin, the price of BTC will drop drastically!
So in the minds of some, this power must be taken away from him, and if we cannot obtain what he has, then we must prevent him from having access to it...
On June 23, 2021, Mircea Popescu, a 41-year-old Romanian and Bitcoin maximalist, was found drowned off the coast of Costa Rica.
The man who claimed to hold 1 million Bitcoin is dead and his death raised many questions... What if it wasn't a drowning?!
The man who challenges institutions.
In 2012, Popescu created MPEx, a Bitcoin securities exchange.
The platform is very successful and quickly becomes a hub for the first Bitcoin IPOs.
Popescu gained a reputation as an early and vocal opponent of cryptocurrency scams.
He was quickly in the sights of the SEC, which accused him of providing tools to scammers via his Mpex platform.
Indeed, one of the most popular gambling sites of the time, Satoshi DICE, is registered on its platform.
But Popescu was known for mocking the SEC, all of whose correspondence he posted on his blog.
A holder too dangerous for Bitcoin?
“I like Bitcoin because I like freedom. It’s that simple,” Popescu said.
One of the theories about his death arises from the fact that Mircea held 1 million BTC.
Technically, if Popescu sells his 1 million Bitcoin, the price of BTC will drop drastically!
So in the minds of some, this power must be taken away from him, and if we cannot obtain what he has, then we must prevent him from having access to it...
5 months ago
🚨 Trump will speak at the Bitcoin conference despite the assassination attempt on him.
Additional security will be expected at the conference as it prepares to welcome 20,000 participants
Donald Trump is reportedly still determined to deliver his speech in person at Bitcoin 2024 to be held in NASHVILLE on July 25
https://x.com/thebitcoinco...
Additional security will be expected at the conference as it prepares to welcome 20,000 participants
Donald Trump is reportedly still determined to deliver his speech in person at Bitcoin 2024 to be held in NASHVILLE on July 25
https://x.com/thebitcoinco...
5 months ago
#Bitcoin Open Interest Futures
It's good, the machine is restarted! 🚀
A return of interest on futures warns us of high volatility and above all of a high probability of resuming the underlying trend (bullish).
Friends, Free Money mode will return after a huge break! Already last week, we ate well, but now, we will be able to eat even more when the ALTS wake up. 💸
It's good, the machine is restarted! 🚀
A return of interest on futures warns us of high volatility and above all of a high probability of resuming the underlying trend (bullish).
Friends, Free Money mode will return after a huge break! Already last week, we ate well, but now, we will be able to eat even more when the ALTS wake up. 💸
5 months ago
The summary of the news #crypto
1) The German government has confirmed that it has sold all of its bitcoin accumulated during various seizures, for reasons of a legal deadline
2) Discussions are open to reinstate staking in certain ETF's spot ETH (the big launch is still planned for next Tuesday)
3) State Street, 4th US manager with 4,000 billion under management, explores the possibility of creating its own stablecoin
4) According to Ki Young Ju, the OTC market now largely predominates on the spot, which itself is at a historic low point of 3 years in terms of transactions carried out by individuals
5) Ethereum is still well ahead in terms of revenue generated in 2024 with 1.42 billion. Solana for example is 4th with 135 million
6) Donald Trump considers Jamie Dimon, CEO of JP Morgan, as treasury secretary in the event of election, the latter in turn miraculously changing his mind on #crypto
7) In terms of cycle, the #Bitcoin halving Progress is now at 6%
8) The current technical zone on $BTC is around $65k and it should be complex to cross
9) Mt Gox has already transferred around 40% of the Bitcoin which has been returned to customers (notably through Kraken)
10) Leading exchange in India Wazirix was exploited for a total of $235 million, North Korean hackers from the Lazarus Group could be behind it
11) The SP500 & Nasdaq correct on the US market
12) A documentary series “What the Punk” is available on Arte
13) The fees of the different ETF's spot on $ETH should be around 0.20 to 0.25%
1) The German government has confirmed that it has sold all of its bitcoin accumulated during various seizures, for reasons of a legal deadline
2) Discussions are open to reinstate staking in certain ETF's spot ETH (the big launch is still planned for next Tuesday)
3) State Street, 4th US manager with 4,000 billion under management, explores the possibility of creating its own stablecoin
4) According to Ki Young Ju, the OTC market now largely predominates on the spot, which itself is at a historic low point of 3 years in terms of transactions carried out by individuals
5) Ethereum is still well ahead in terms of revenue generated in 2024 with 1.42 billion. Solana for example is 4th with 135 million
6) Donald Trump considers Jamie Dimon, CEO of JP Morgan, as treasury secretary in the event of election, the latter in turn miraculously changing his mind on #crypto
7) In terms of cycle, the #Bitcoin halving Progress is now at 6%
8) The current technical zone on $BTC is around $65k and it should be complex to cross
9) Mt Gox has already transferred around 40% of the Bitcoin which has been returned to customers (notably through Kraken)
10) Leading exchange in India Wazirix was exploited for a total of $235 million, North Korean hackers from the Lazarus Group could be behind it
11) The SP500 & Nasdaq correct on the US market
12) A documentary series “What the Punk” is available on Arte
13) The fees of the different ETF's spot on $ETH should be around 0.20 to 0.25%
5 months ago
5 months ago
Crypto Community Smug About Global IT Outage, But Does Blockchain Actually Fix This?
A software bug invoked international hysteria when a bug in a Windows content update shut down banks, airlines, and emergency services.
Showcasing the world’s reliance on centralized systems, a global IT outage brought the world to its knees. Across the planet, major service providers like banks, supermarkets, and logistics companies found themselves unable to operate, causing significant disruption.
Eager to prove its relevance, the crypto community was quick to launch a tirade of smug comments. “Crypto fixes this” was heard across social media platforms, with crypto advocates championing blockchain as an obvious solution to singular points of failure.
But is that truly the case? While decentralization aims to eliminate centralized points of failure, would blockchain solutions actually have prevented this widespread technical meltdown?
What Happened?
The chaos began when CrowdStrike, a cybersecurity provider, pushed a defective single content update to Windows hosts. The bug affected millions of Microsoft Windows devices all over the world, causing infinite reboot loops and leaving users staring at Windows’ infamous BSoD (Blue Screen of Death).
Attempting to bring clarity to the situation CrowdStrike CEO George Kurtz, released a statement on 𝕏. Assuring affected users that “this is not a security incident or cyberhack”, the CEO claims that “the issue has been identified, isolated, and a fix has been deployed”.
While Kurtz has indicated that a fix has been deployed, Windows users globally report still being unable to access their devices.
Fortunately, savvy developers were on hand to remedy the situation and provide timely solutions.
Affected users can reboot their Windows devices in Safe Mode and delete the defective update file, or wait until CrowdStrike implemented resolution is distributed.
CRWD stock
In traditional markets, CrowdStrike stock (CRWD) suffered a crippling blow, down 8.82% in today’s trading, based on NASDAQ data. While this might seem insignificant when compared to crypto’s volatility, price movements of this scale are uncommon in traditional markets.
Does Crypto Really Fix This?
The crypto community wasted no time calling out the flaws of centralized systems and singular points of failure. Citing mass outages like today’s as evidence that decentralized systems are the future of infrastructure, crypto advocates were quick to leverage the event as an example of “Bitcoin fixes this”.
However, not all pockets of the crypto community were in agreement. Several blockchain developers and engineers highlighted that in this specific example, pushing bugged code to production would likely have the same effect to blockchain networks.
Despite the specifics and technicalities, the event serves as a powerful reminder of the flaws in centralized services and singular points of failure. Commentators remarked that society’s reliance on centralized companies and infrastructure providers doesn’t bode well for our future.
This belief reinforces the viability of DePin technology, which aims to distribute services across a variety of independent providers and establish more secure and reliable infrastructure. Frank Mathis, founder of GenesysGo, highlights the importance of conducting rigorous security checks before pushing software updates.
Cryptocurrency and blockchain technology may not have been a direct solution to this particular problem. However, global outages like the CrowdStrike defect help to promote discussion around the benefits of decentralization and distributed systems.
A software bug invoked international hysteria when a bug in a Windows content update shut down banks, airlines, and emergency services.
Showcasing the world’s reliance on centralized systems, a global IT outage brought the world to its knees. Across the planet, major service providers like banks, supermarkets, and logistics companies found themselves unable to operate, causing significant disruption.
Eager to prove its relevance, the crypto community was quick to launch a tirade of smug comments. “Crypto fixes this” was heard across social media platforms, with crypto advocates championing blockchain as an obvious solution to singular points of failure.
But is that truly the case? While decentralization aims to eliminate centralized points of failure, would blockchain solutions actually have prevented this widespread technical meltdown?
What Happened?
The chaos began when CrowdStrike, a cybersecurity provider, pushed a defective single content update to Windows hosts. The bug affected millions of Microsoft Windows devices all over the world, causing infinite reboot loops and leaving users staring at Windows’ infamous BSoD (Blue Screen of Death).
Attempting to bring clarity to the situation CrowdStrike CEO George Kurtz, released a statement on 𝕏. Assuring affected users that “this is not a security incident or cyberhack”, the CEO claims that “the issue has been identified, isolated, and a fix has been deployed”.
While Kurtz has indicated that a fix has been deployed, Windows users globally report still being unable to access their devices.
Fortunately, savvy developers were on hand to remedy the situation and provide timely solutions.
Affected users can reboot their Windows devices in Safe Mode and delete the defective update file, or wait until CrowdStrike implemented resolution is distributed.
CRWD stock
In traditional markets, CrowdStrike stock (CRWD) suffered a crippling blow, down 8.82% in today’s trading, based on NASDAQ data. While this might seem insignificant when compared to crypto’s volatility, price movements of this scale are uncommon in traditional markets.
Does Crypto Really Fix This?
The crypto community wasted no time calling out the flaws of centralized systems and singular points of failure. Citing mass outages like today’s as evidence that decentralized systems are the future of infrastructure, crypto advocates were quick to leverage the event as an example of “Bitcoin fixes this”.
However, not all pockets of the crypto community were in agreement. Several blockchain developers and engineers highlighted that in this specific example, pushing bugged code to production would likely have the same effect to blockchain networks.
Despite the specifics and technicalities, the event serves as a powerful reminder of the flaws in centralized services and singular points of failure. Commentators remarked that society’s reliance on centralized companies and infrastructure providers doesn’t bode well for our future.
This belief reinforces the viability of DePin technology, which aims to distribute services across a variety of independent providers and establish more secure and reliable infrastructure. Frank Mathis, founder of GenesysGo, highlights the importance of conducting rigorous security checks before pushing software updates.
Cryptocurrency and blockchain technology may not have been a direct solution to this particular problem. However, global outages like the CrowdStrike defect help to promote discussion around the benefits of decentralization and distributed systems.
5 months ago
Donald Trump vows to keep Crypto and Bitcoin innovation in the USA and protect self-custody rights.
5 months ago
Asia’s first inverse Bitcoin ETF will go live tomorrow in Hong Kong.
5 months ago
Bitcoin Nashville conference organizer David Bailey says they are in talks with Kamala Harris's campaign managers to have her speak at the conference and will get an answer today.
5 months ago
Ferrari plans to start accepting Bitcoin and cryptocurrency payments in Europe at the end of July.
5 months ago
Senator Cynthia Lummis plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024 Conference In Nashville.
5 months ago
Premiere:
After two days of trading, we’re diving into the ETH ETF's performance 📊
Plus, speculative rumors around Trump potentially putting Bitcoin in the Fed balance sheet as a reserve asset abound while surprising survey results show that BTC owners might not be as hardcore right-wing as you might think...
Jump in 👇
After two days of trading, we’re diving into the ETH ETF's performance 📊
Plus, speculative rumors around Trump potentially putting Bitcoin in the Fed balance sheet as a reserve asset abound while surprising survey results show that BTC owners might not be as hardcore right-wing as you might think...
Jump in 👇
5 months ago
Daily Memecoin Recap - July 26
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend 🤝
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend 🤝
5 months ago
🗣️🇺🇸 Donald Trump live at the conference #Bitcoin2024
🔹 Donald Trump says that #Bitcoin will probably one day surpass the gold marketcap.
🔹 “The United States will be the crypto capital of the planet and the bitcoin superpower of the world.”
🔹 “Bitcoin is going to the moon,” and I want America to lead the way.
🔹 “On day one, I will fire Gary Gensler and appoint a new SEC chairman. »
🔹 “Bitcoin does not threaten the US dollar. US government policies threaten the US dollar. »
🔹 “I will stop the US government from selling seized bitcoin”
🔹 “If I am elected, my administration will hold 100% of the #Bitcoin that our country currently has, which will serve as a strategic national stockpile.”
🔹 “America will become the power of Bitcoin mining”
🔹 Donald Trump says that #Bitcoin will probably one day surpass the gold marketcap.
🔹 “The United States will be the crypto capital of the planet and the bitcoin superpower of the world.”
🔹 “Bitcoin is going to the moon,” and I want America to lead the way.
🔹 “On day one, I will fire Gary Gensler and appoint a new SEC chairman. »
🔹 “Bitcoin does not threaten the US dollar. US government policies threaten the US dollar. »
🔹 “I will stop the US government from selling seized bitcoin”
🔹 “If I am elected, my administration will hold 100% of the #Bitcoin that our country currently has, which will serve as a strategic national stockpile.”
🔹 “America will become the power of Bitcoin mining”
5 months ago
US Presidential candidate Robert Kennedy F. Jr. says he will sign an executive order for the US to buy 550 Bitcoin a day until they build a reserve of 4 million BTC if elected president.
5 months ago
Donald Trump once said in the Bitcoin conference:
➵ Bitcoin is going to the moon and the USA 🇺🇸 will be the crypto capital of the world
➵ I will fire Gary Gensler on day one.
➵ I will stop US government from selling seized Bitcoin.
What else??
➵ Bitcoin is going to the moon and the USA 🇺🇸 will be the crypto capital of the world
➵ I will fire Gary Gensler on day one.
➵ I will stop US government from selling seized Bitcoin.
What else??
5 months ago
AMERICA AND BITCOIN
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
5 months ago
Between Robert Kennedy wanting to buy bitcoins a day to have a reserve of 4 million in the US treasury, and Trump announcing that he wants to make the US the crypto capital, we're dealing with a major turning point in the ecosystem.
For those who say crypto is going to crash, I'm just waiting for them to complain and hop on the bandwagon at the top.
For now, it's just politicians talking, but we're on the right track.
For those who say crypto is going to crash, I'm just waiting for them to complain and hop on the bandwagon at the top.
For now, it's just politicians talking, but we're on the right track.
5 months ago
🚨 Cantor Fitzgerald, the global financial services group, announces plans to launch a bitcoin financing business.
The company will have $2 billion in funding at launch.
Cantor already owns a large quantity of bitcoins according to its CEO Howard Lutnick.
“Bitcoin should trade the same as gold everywhere in the world, without exception and without limitation.”
“We will build the best bitcoin financing platform, we will work with the best custodians, we are committed to your bitcoin ecosystem.”
https://www.theblock.co/po...
The company will have $2 billion in funding at launch.
Cantor already owns a large quantity of bitcoins according to its CEO Howard Lutnick.
“Bitcoin should trade the same as gold everywhere in the world, without exception and without limitation.”
“We will build the best bitcoin financing platform, we will work with the best custodians, we are committed to your bitcoin ecosystem.”
https://www.theblock.co/po...
5 months ago
🚨 Senator Cynthia Lummis is proposing a bill to purchase 1 million #Bitcoin s over 5 years.
The goal is to acquire a total stake of approximately 5% of the total bitcoin supply.
https://www.lummis.senate..../
The goal is to acquire a total stake of approximately 5% of the total bitcoin supply.
https://www.lummis.senate..../
Lummis Announces Revolutionary Proposal to Supercharge the Dollar, Bolster U.S. Economy » Senator Cynthia Lummis
Washington, D.C.— Today, during Bitcoin 2024, U.S. Senator Cynthia Lummis (R-WY) announced a revolutionary proposal to supercharge the U.S. dollar by establishing a strategic Bitcoin reserve to fortify the dollar against rising inflation and cement U.S. leadership in the rapidly evolving global..
https://www.lummis.senate.gov/press-releases/lummis-announces-revolutionary-proposal-to-supercharge-the-dollar-bolster-u-s-economy/
