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The World News Media

TheWorldNewsOrg

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Everything posted by TheWorldNewsOrg

  1. LinkedIn won’t abandon China entirely. Later this year it’s going to launch a new job board app, InJobs.
  2. citing “a significantly more challenging operating environment and greater compliance requirements.”
  3. Cathie Wood's Ark Invest gets behind a bitcoin futures ETF, stepping up its crypto involvement
  4. 5 Months After China Banned Bitcoin Mining, America Leads Network Hash Rate With 42.7%. And it is just the beginning. America will continue to dominate Bitcoin mining in the future.
  5. "You should study Bitcoin because it is in essence strong money on a crypto network and there is no reason it can't flip gold and go to 10 trillion and then replace most debt as a store of value then go to 100 trillion. And if it does it's going up by a factor of 100 and if you miss it it will be the greatest opportunity of your lifetime and you will have missed it because your were too lazy to so the work." Michael Saylor I thought that was a great statement I wrote down from one the podcasts he was on.
  6. Google negative yielding sovereign debts market cap. USD 18 TRILLION https://www.bloomberg.com/news/articles/2020-12-11/world-s-negative-yield-debt-pile-at-18-trillion-for-first-time I don't think anyone has ever said "only". But can you give even a single good reason to purchase a negative-yield sovereign bond? The only reason I can think of is a bad reason -- that your banking license will be yanked if your bank doesn't act like a good little chartered institution and enable the government's debt auctions.
  7. Vladimir Putin Says Bitcoin Can Be Used As A "Currency" today in a news conference. Obviously he sees this as an opportunity to evade the useless sanctions and EU banks etc... And in the even bigger picture.... he sees this as a replacement of the US dollar as the world's reserve currency. He would like to see his oil one day sold for a currency other than the US dollar. Meanwhile the USA is now the number 1 miner of Bitcoin with industries being formed in many states. The US is using the ace card up its sleeve that it can use once... which is to print endless amounts of $ to "keep things going".... Never before has there been an alternative like Bitcoin
  8. The show also strikes a nerve because it unflinchingly addresses a problem that is particularly entrenched in South Korea: debt and the never-ending struggle to pay it off.
  9. I've been thinking of the red light, green light game that the central banks play with us regarding $ and investments. Have you noticed any others? Or maybe a moral of the story?
  10. Bitcoin miners were paid $51.2 million over the last 24 hours in exchange for securing the bitcoin network.
  11. When you deposit cash into a bank you are no longer the legal owner of that money, the bank is. Only Bitcoin fixes this. ¯\_(ツ)_/¯
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