“It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.”
— Thomas Sowell
🚨UPDATE: Almost there, folks. They sent another $260 million to exchanges and OTC a few minutes ago.
They have less than 5,000 BTC in reserves (~$283 million).
At this rate, they might run out of ammo by tomorrow.
nostr:note1c9dwnd2f9xlsyx6cvvhvmezkm09hhsvndmp0k6pjueef5fftz6qswc0qjh
🚨China 🇨🇳: China has accused NATO of defamation and falsehoods, warning the alliance to "stay out of Asia" and describing it as "a relic of the Cold War." The statement is a response to a NATO communiqué demanding that China cease all material and political support for Russia's war effort.
Uganda 🇺🇬: A TikToker in Uganda was arrested for insulting the president.
The young man was sentenced to 6 years in prison for insulting the president and the first family through his video posted on TikTok.
Edward Awebwa was accused of hate speech and spreading "misleading and malicious" information against President Yoweri Museveni, First Lady Janet Museveni, and their son Muhoozi Kainerugaba, who is the head of the armed forces.
GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS!
United Kingdom 🇬🇧: The former "St John" church in the Stoke-on-Trent area, which has been closed since the 1980s, will be converted into a mosque and Islamic education center. It was purchased at an auction in 2023.
Bitcoin explained in 3 mins:
USA 🇺🇸: Ladies and gentlemen, it is my duty to inform you that we will have an electoral contest in the state of New York (according to the Politico portal).
Biden remains the favorite to win in that state, but the article states: “Elected officials, union leaders, and political consultants are in a panic over polls showing a steady erosion of support for Biden.”
The last Republican to win in New York was Ronald Reagan in 1984.
USA 🇺🇸: Many people don't know, but in some states, it's possible to vote early in the presidential elections. In some cases, depending on the state, this early voting can begin up to 3 weeks in advance. This increases the urgency for the Democratic Party to decide on their presidential candidate, as the "early vote" ballots will need to be printed soon.
Gold standard / fiat standard
What will it be like under the #Bitcoin standard?
Netherlands 🇳🇱: A statue of Anne Frank near Amsterdam was vandalized with the word "Gaza" written under her name. Pro-Palestinian activists painted more locations and buildings in the capital with red paint.
USA 🇺🇸: The newspaper "Wall Street Journal" published an article stating that "for more than a year, senior White House advisers have been aggressively managing President Biden's schedule, movements, and personal interactions in an attempt to minimize signs of how age has affected him."
#Bitcoin was 40 years of work.
How funny would it be if they were dumping at the exact bottom of the market?
They just took office in the French government, but the leftist party already wants to introduce a 90% tax on capital gains for the wealthy.
NINETY percent. Surreal. 🤯
Capital outflow will happen in the blink of an eye. How long until we see some of it going to #Bitcoin?
The Citibank is predicting 8 (EIGHT) cuts in the U.S. base interest rate.
We are talking about a 2% drop by July 2025.
I don't know if I can believe this, but we are talking about an intense monetary easing process.
QE 2.0 is just around the corner.
Italy 🇮🇹: "Health security is guaranteed by science, not ideology," declared Alessandra Mussolini, granddaughter of dictator Benito Mussolini.
"The proposal by Borghi (senator) to eliminate the vaccination mandate for measles, rubella, mumps, and chickenpox for those under 16 leaves me at least perplexed," she stated.
Alessandra opposes Senator Claudio Borghi's (Lega) proposal to end mandatory vaccinations for those under 16 years old.
🚨USA 🇺🇸: Satanists are opposing a law that, according to Florida Governor Ron DeSantis, aims to restore Christian principles in public education.
The law requires district school boards and charter school governing boards to assign specific duties to volunteer school chaplains. The Satanists claim they can also appoint volunteer chaplains.
DeSantis has promised that he will not allow members of the Satanic Temple in schools.
