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Everything posted by LNN

  1. Bitcoin ETF in USA is just a matter of time - CNBC There’s a wave of money about to flood into Bitcoin 🙌
  2. Fidelity Goldman Sachs SkyBridge Morgan Stanley/NYDIG VanEck Valkyrie WisdomTree Bitwise The SEC has repeatedly delayed making decisions on multiple Bitcoin ETFs over the last few years, causing firms like VanEck to pull their applications over fears the SEC would reject them. A Bitcoin ETF would allow investors to redeem shares at any time. The successful launches of Bitcoin ETFs elsewhere have given momentum to those applying for a US Bitcoin ETF.
  3. According to a recent report from Reuters, General Motors joins a growing list of major companies investigating regular implementation of the popular cryptocurrency. Last month, during GM’s Q4 2020 earnings call, General Motors CEO Mary Barra said that the automaker had no plans to invest in bitcoin, but would continue to evaluate whether further interest was warranted. “We don’t have any plans to invest in bitcoin, so full stop there,” Barra said when asked about GM’s interest in the cryptocurrency. “This is something we’ll monitor, and we’ll evaluate, and if there’s strong customer
  4. also of interest:
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    The governor of Kentucky, Andy Beshear, has signed a bill meant to incentivize cryptocurrency miners to set up shop in the state into law. The new law “provides sales and use tax exemptions on the tangible personal property directly used and the electricity used in commercial mining of cryptocur
  5. New Zealand's KiwiSaver Growth Strategy Fund has invested 5% of its money in bitcoin. The fund's chief investment officer, James Grigor, said he expects competitors to follow suit over the next five years. The NZ$350 million (US$244 million) fund first began investing in cryptocurrency in October 2020.
  6. NZ Fund’s KiwiSaver Growth Strategy fund, which had investments worth just over $350 million at the end of December, had around 5 per cent of its money in bitcoin, Grigor said. that's around 17.5m they've invested in bitcoin in case you are wondering....
  7. We must all drive electric cars to save the environment but using electricity to mine bitcoin will destroy the earth... All of America's kitchen microwaves on standby use twice as much energy as bitcoin mining.
  8. Bitcoin took just 12 years from its creation to reach a trillion-dollar market cap. It took Microsoft 45 years and Google 22 years to reach the $1,000,000,000,000 mark!!! When Bitcoin is at $80.6K, it will have passed the Market cap of Silver. How long do you think til that happens?
  9. Cash is being diluted by a few % per year. Since they have many billions in cash this small % comes in the form of millions and even tens of millions of dollars worth of dilution for them. This cash dilution has been going on for decades and typically in these cases large corps would look to treasury bonds. They essentially purchase these “same as cash” US Treasury bonds and keep those which increase a few % per year. And the growth on those bonds offsets the loss on their pure cash and all is well with the world. This year however there was a change. The interest rate in treasury bo
  10. This is the plan, I believe. CBDC's and monetary control of the global population. All pushing the green agenda, hence the push back against Bitcoin being an energy burner. This will be their attack vector. I would add that Bitcoin is out of the gate and way ahead. It will be interesting to see how they try and stop it.
  11. Alexander the Great is one of the most extraordinary individuals in history. He became king of the fringe Greek kingdom of Macedonia in 336 BC at the age of just 20, and before his death twelve years later, had imposed Macedonian overlordship on Greece, destroyed the mighty Persian Empire and led an army deep into modern Afghanistan and to the Indian frontier. At Opis he faced a mutiny by his Macedonian troops, angered that he wanted to send some of them home, while appearing to give preference to his new Asian subjects, and adopting many of their customs. Alexander dealt ruthlessly
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