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The World News Media

TheWorldNewsOrg

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Everything posted by TheWorldNewsOrg

  1. The banking system deliberately excludes billions of poor people.
  2. The banking and payments system is legalised extortion. Bitcoin fixes this.
  3. Just in case you are wondering, and have never heard of this country, Germany - it is the 4th biggest country by GDP!
  4. "Morgan Stanley bought 28,289 shares of Grayscale Bitcoin Trust. This is a new position."
  5. If you believe in nihilism, then you do, by definition, believe in something (the philosophy of nihilism), so to define nihlism as a belief in nothing is, at best, misleading and, at worst, contradictory. It would probably be more accurate to say that it is the belief THAT nothing really matters...
  6. "Bitcoin is an asset that is traded with enormous liquidity on a global level, and that is enough reason to be part of every portfolio, period." - Ricardo Salinas
  7. Yes, this time they are ending it for sure, in all the provinces that were mining, they are effectively closing them and this is the reason: China's CBDC (Central Bank Digital Currency) or Digital Yuan. They want total control over the currency and over their population. Centralized digital money under their total control combined with the 'social credit score' Orwellian program, they will effectively have every citizen under their thumb, with no way out of the Authoritarian total centralized control. Xi is becoming effectively an Emperor with no way to take him out of power. The communist party already closed all the avenues that could lead to that (legal, political, economical ones), crushing all forms of dissent and all freedoms. Do you speak ANYTHING other that absolute praise for the communist party and Xi? You get social demerits and can't travel, can't purchase things with your digital money, etc. An authentic 'Black Mirror' dystopia. Yes, these are fantastic news for Bitcoin: Bitcoin mining gets more decentralized. Bitcoin mining gets more clean (renewable energy sources). Bitcoin miners in other countries become more profitable. Bitcoin miners all around the world get cheap mining rigs from China. Mining difficulty automatically adjusts as per protocol, neutralizing the effects of less (or more) mining rigs coming on/off line. This kills the FUD about: “China controls Bitcoin!” (China will have no miners, no exchanges, no nothing to ‘control’) This kills the FUD about: “Bitcoin uses dirty energy!” (Bitcoin mining uses mainly clean energy but in China part of the mining was being done with coal). This kills the recurrent FUD: “China bans Bitcoin!” (there’s nothing left to ‘ban’ for them in the future).
  8. According to the report, the FAA cited a long list of concerns, including a serious flight control incident during a test flight on Dec. 8, 2020, when the plane experienced an "uncommanded pitch event" meaning the nose of the aircraft pitched abruptly up or down without input from the pilots. During the incident, flight-control software triggered the plane to move without pilots’ input, similar to the malfunction responsible for the two 737MAX crashes. Boeing has yet to satisfy the FAA that it has fully understood and corrected what went wrong that day. An FAA official said the drag on 777X certification is now “the subject of a lot of attention” at high levels both within the agency and at Boeing.
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