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The World News Media


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  1. Yassine Elmandjra provided 12 points to consider in response to articles such as this one. 1/ Bitcoin critics continue to assert that mining is wasteful and disproportionately damaging to the environment. Contrary to consensus thinking, we believe the impact of bitcoin mining is a net positive for the environment. Here's why: 2/ First, proof-of-work mining is critical to Bitcoin. In the Bitcoin network, trustworthiness is protected by computation, and mining is what gives Bitcoin its ability to coordinate trust and facilitate the transfer of value without relying on a centr
  2. Remember a clean $2000 was passed under Trump (Because Trump said he'd sign it!) & the Senate is still sitting on it. Anything other than a budget reconciliation needs 60 senators to pass in the senate. Otherwise the other party can filibuster. I think they are going to do this through budget reconciliation Our economy is based and backed by the faith in the United States economy and the ability to pay its debts. That's why we see little to no inflation now. How much longer can that be true? Maybe a couple more trillion bills, maybe more ... If only everyone could und
  3. Photo by Andrea Piacquadio from Pexels
  4. "What's important when you're in that hedge fund mode, is to not do anything remotely truthful. Because the truth is so against your view, that it's important to create a new view, to create a fiction." - Jim Cramer, hedge fund manager 2006 "Then you call the (Wall Street) Journal and get the bozo reporter in Research in Motion and you would feed that (rival) Palm's got a killer it's going to give away. These are all the things you must do on a day like today, and if you're not doing it, maybe you shouldn't be in the game." - Jim Cramer, hedge fund manager 2006 “It might cost me $15
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    In Visa’s fiscal Q1 2021 earnings call yesterday (via The Motley Fool), Kelly took a moment out of his introductory statement to specifically touch on crypto and the opportunity he sees in the space. He detailed Visa’s case for being the largest financial services brand in the industry via its partner
  5. Never forget the NYT won a Pulitzer Prize for denying that the Holodomor existed. They refuse to give the prize back.
  6. Guggenheim, the global investment firm with over $295 billion in assets filed an amendment with the Securities and Exchange Commission on Friday, saying that it’s considering investing in Bitcoin through its Macro Opportunities Fund. The firm would invest up to 10% of the Macro Opportunities Fund's net asset value in Grayscale Bitcoin Trust
  7. The of and to. A in is I. That it, for you, was with on. As have ... but be they.
  8. A virulent strain of avian flu that's spreading across northwestern Europe may be responsible for a series of mysterious swan deaths in the U.K., post-mortem examinations have revealed. In recent weeks, wildlife rescuers have spotted swans spinning in circles and bleeding from their nostrils before dying, The Guardian reported. David Cash, a swan rescuer from Worcester in central England where at least 25 swans have died, witnessed birds suffering from avian flu-like symptoms.
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  9. 'I have piles of cash at home... I don't have a bank account,' says Hong Kong's Carrie Lam after US sanctions ---------------------------------------------------------- Chief Executive Carrie Lam has said that she has been forced to keep piles of cash around her home after she was sanctioned by the US. In an interview published on Friday, Lam told the Hong Kong International Business Channel that she was a leader "Who has no banking services made available to her." "I'm using cash every day. I have piles of cash at home - the government is paying me cash for my salary because I
  10. Imagine having an average annual income of nearly half of the cost of a house. Times certainly have changed. (Of course our houses have changed quite a bit since then as well)
  11. "and their owners will be able to count on legal protection in the event of any illegal actions, as well as to defend their property rights in court." But per the article: "However, the current status of the local crypto ecosystem remains in doubt because the government is planning to officially ban payments in crypto in January 2021. Russian authorities also want to introduce prison terms for failing to report annual crypto transactions of about $600,000." So basically, "you can own it, we can tax it.... but you can't use it here to pay for anything."
  • I was reading on other forums (I know, forgive me...) and I kept seeing them call some behavior FUD. I had to google it.... and learned a new acronym / word:
  • Bitcoin has profound impacts on our understanding of how the economy works and at the same time the technology behind Bitcoin is an incredible achievement in the field of distributed systems. 0:00 Intro 3:01 Economics & Ethics of Bitcoin 17:24 Technology of Bitcoin 29:06 Where will Bitcoin go? 33:41 Final notes Final notes Here is a list of more sources. Books: Saifedean Ammous - The Bitcoin Standard (economics) Andreas Antonopoulos - The Internet Of Money series (general) Andreas Antonopoulos - Mastering Bitcoin (technology)
  • The worst part is it didn’t move the needle, in fact McConnell laughed about this and won’t even provide aid for PPE to front line workers.
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