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TheWorldNewsOrg

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Everything posted by TheWorldNewsOrg

  1. TheWorldNewsOrg
    Heute habe ich den finalen MiCA-Entwurf eingereicht. Der ECON-Ausschuss wird am 14. März 2022 hierüber abstimmen and Angesichts der wichtigen Debatte um Nachhaltigkeit ist mein Vorschlag, Crypto-Assets, wie alle anderen Finanzprodukte, in den Bereich der #Taxonomie mitaufzunehmen. Eine eigenständige Thematisierung des Proof-of-Work ist in der #MiCA nicht mehr vorgesehen. https://twitter.com/DrStefanBerger/status/1500853188173385732
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  3. TheWorldNewsOrg
    Answer: currently ~265,800 Sats per person
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    Do the math - Start by Dividing the amount of Bitcoin by World Population need a visual? Each dot represents one million. On the left you have the human population. On the right you have the number of BTC. Now imagine everyone wants to own 1 Bitcoin Hint: Don't share this post on Social Media before you buy the amount of Bitcoin you feel you need.
  5. TheWorldNewsOrg
    I should have paid more attention to this post....Dang!
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    Grayscale CEO: Bitcoin ETF "has become a political issue" Michael Sonnenshein, CEO of digital asset management company Grayscale, stated that the ongoing question of whether U.S. regulators will approve Bitcoin spot exchange-traded funds has transcended the “investment world” and attracted politicians, and has “become a political issues". Last week, we saw the support of Representatives Tom Emmer and Darren Soto for the Bitcoin Spot ETF. Sonnenshein referred to the two's arguments and pointed out that the US Securities and Exchange Commission "is actually only worried about the potential Bitcoin market." According to Sonnenshein, the cryptocurrency industry and now politicians are demonstrating that "if you are satisfied with derivatives and the pricing of these futures contracts comes from the spot market itself, then you are essentially satisfied with the spot market."
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    Larry Fink linked to Ethereum and the World Economic Forum: They REALLY do not want Bitcoin to take off.... they are trying to push Ethereum as a digital global currency THEY can manipulate and control.
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    Best rebuttal seen yet:
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    Warren Buffett loses $19 Million in value EVERY DAY on his cash pile (6.2% inflation less 1.6% treasury yield). Berkshire Hathaway's cash pile hit new heights at $149.2 billion in the third quarter, surpassing a record set in early 2020, the company said in its earnings report. The fresh high came even as Buffett poured more money into buying back its own stock with $7.6 billion of repurchases in the period. Buffett has struggled with a high-class problem of having too much money ps - No need to single out Berkshire. Microsoft, Apple, Google have all more than $100B on their balance sheets.
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    Viewable is showing Half of that percentage!
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    Only 12.9% of $BTC supply remains on exchanges
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    https://www.sec.gov/rules/sro/cboebzx/2021/34-93559.pdf I'm calling BS on this move by the commission. They approve a futures based casino Bitcoin ETF to essentially "print more bitcoin on demand" to disrupt the market when they want.... and then reject a Spot price based Bitcoin ETF to "protect the consumer" from market manipulators? What a clown world we live in.... Politicians need to review the SEC fast.
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  17. TheWorldNewsOrg
    The cost (mainly from electricity) to mine a Bitcoin is in average the price of it at the time of creation less some tiny profit margin. The cost to create a Euro electronically is negligible compared to its face value. That you can spend money that you can create at virtually no cost is a corrupt monetary system.
  18. TheWorldNewsOrg
    "We have created jobs for inspectors to inspect inspectors" — Buckminster Fuller "How are we, as leaders, supposed to avoid another financial crisis if none of us know the first thing about how money is created?" - Question pondered in UK parliament during a debate on the nature of money creation and society (2014).
  19. TheWorldNewsOrg
    If you can't explain it simply, you don't understand it well enough. Albert Einstein
  20. TheWorldNewsOrg
    The money goes to whoever the bank wants to give it to. What a splendid system we have set up that surely cannot result in inequality. "But Bitcoin Is tOO hArd to UNderStAnD and Is bAseD on nOtHing!!"
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