Mic Drop
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Everything posted by Mic Drop
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US Court paves way for first Spot #Bitcoin ETF after Grayscale wins lawsuit against SEC, Bloomberg reports.
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The figures highlight a significant development, as only 5.8% of the total Bitcoin supply is presently held on exchanges. This marks a historic low for the pioneer cryptocurrency’s top market cap asset, a level not witnessed since the heady days of December 17, 2017.
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Evergrande shares plunge as much as 87% as trading resumes after 17 months https://www.msn.com/en-us/money/markets/evergrande-shares-plunge-as-much-as-87-as-trading-resumes-after-17-months/ar-AA1fReBV China’s Worsening Economic Slowdown Is Rippling Across the Globe https://time.com/6308850/china-economy-slowdown-global-effects/ -
https://www.federalreserve.gov/newsevents/speech/powell20230825a.htm (see conclusion) = Fed has no idea what they are doing = we are all screwed soon = they are just throwing salami at the wall and seeing what sticks
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"Timber!!!..."
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1729 - Voltaire said that all fiat money returns to its intrinsic value which is ZERO. Watch Venezuela, Lebanon, Turkey and others recently to see it happening in action.
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https://youtu.be/rrXRH0rN0A0?si=gs6vbaeCcmbPAlZ8 Delve into Michael Saylor's profound insights on Bitcoin and its revolutionary impact on the concept of ownership and property. From the unique nature of Bitcoin as the only true property one can own without fear of confiscation to its distinction from the broader crypto world, Saylor paints a vivid picture of its significance in the 21st century. Discover how Bitcoin stands as a beacon of hope in a world where physical assets can be seized, and learn about its recognition as a legitimate digital commodity by global institutions. About Michael Saylor: Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
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And the water conspiracy theory is debunked by AI here
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I just debunked the 1st governor's bill signing misinformation by asking AI here
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The only things that have made my left eyebrow go up slightly in all of this …. Is the turning on/off of water aspect by the utilities….. AND the state governor signing a bill giving him authority to appropriate the land in a natural disaster just ONE WEEK prior…. Those 2 coincidences alone merit an investigation. (of course I don’t believe in space lasers or the school personnel being evil by either sending the kids home early…). Now the lack of sirens can be explained by simple manager incompetence. I believe that guy recently resigned in the face of accusations. Your thoughts? p.s. - As for Oprah, I think people are really stretching trying to implicate rich locals as being behind such a disaster.
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Javier Milei, Politico Argentino Sobre el Bitcoin
Mic Drop replied to Mic Drop's topic in Español's Topics
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Look who is winning:
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Tomorrow marks two years since the Taliban took control of Afghanistan, and the $7B in Afghan central-bank funds that the Biden admin froze are still in limbo. Half is being held in a Swiss trust fund until the central bank can show it’s free from Taliban influence. The other $3.5B is in New York, where a judge turned down an effort by families of 9/11 victims to seize it. While releasing the billions to Afghanistan could risk = recognizing the Taliban as a legitimate gov’t, over a third of Afghans face severe hunger as the country’s economy crumbles.
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As more Americans ditch discretionary splurges and bargain-hunt for groceries, retailers are boosting their food offerings. Target recently added 100+ new items to its Good & Gather private label, but it’s tough to compete with Walmart’s grocery game: America’s largest retailer makes up over quarter of all US grocery spend.
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Food prices have risen faster than other goods over the past year (#AisleAnxiety). Groceries were up 3.6% in July from a year ago, led by cereal and bakery staples, as the likes of General Mills, Kellogg, Hershey’s, and Kraft Heinz bumped prices (Kraft alone hiked prices 11% last quarter). While food companies point to higher commodity and labor costs, some consumers blame corporate “greedflation.” Now that shoppers are trimming back on pricier brand names, Coke, Pepsi, and others said they’ll ease off the hike pedal.
