On the decline: patriotism, religion, family values, community
On the rise: greed
Congratulations on surviving the longest bear market in history. They will still say it was luck.
The denial of Grayscale's trust fund conversion to a bitcoin spot ETF will be converted once the company has successfully sold its lawsuit against the regulator.
BTC/USD up 5% in the last hour on the news.
"The court ordered that the request for review be granted and the commission's order overturned."
JUST IN: Bloomberg breaks down what the Grayscale win against the SEC means for #Bitcoin and spot #Bitcoin ETFs 😮
"It's massive" 🙌
https://nostr.build/av/aeaedc55863fd05fab7a7bc272eae0d0191db0012d1b7869a12e408d98c6a3cd.mp4
Printers are turning back on!🖨️
The annual variation of the global money supply (M2), measuring the largest economies in the world, has already turned positive again in 2023.
https://m.primal.net/HKIS.webp
After the most abrupt period of monetary contraction in recent history, the monetary base of countries such as the USA, China, UK, Canada, Japan, Australia, India and the Euro Zone is rising again.
This expansion of the monetary base was already being felt in the inflation of financial assets.
https://m.primal.net/HKIZ.webp
Typically, "riskier" stocks and assets are more sensitive to changes in the money supply. Something bitcoin has done quite well.
Bitcoin, like stocks and other assets perceived as "risky", has a tendency to capture this increase in liquidity.
It's only a matter of time before asset prices rise and further expansion continues. At this point, investors who took a while to position themselves will end up regretting it.
North Korea 🇰🇵: Kim Jong-un and his daughter Ju-Ae, visited the naval headquarters and Kim appealed to the military to constantly be ready for war.
China 🇨🇳: Changshan County in China is offering couples a "reward" of 1,000 yuan (685 reais) if the bride is 25 years old or younger, as an incentive for young people to marry amid growing concern about a fee of decreasing birthrate.
United Kingdom 🇬🇧: A group of climate terrorists invaded a photographic exhibition about the singer Sir Paul McCartney in London this Monday (28), in protest against “bank of America” which sponsors the event and according to the group, finances the exploitation of fuels fossils.
Adapting the lyrics of the song “Help!” of the “Beatles” the demonstrators chanted: “We will fight climate change and oil anyway”
USA 🇺🇸/ Vatican 🇻🇦: Pope Francis lamented what he called the “reactionary” Catholic Church in the US where he said that political ideology has replaced faith in some cases.
Francisco made his comments on August 5th in Lisbon during a meeting with members of the Jesuit order, during World Youth Day.
Italy 🇮🇹: The authorities in Rome are fighting a rat infestation around the Colosseum.
The city's head of rubbish collection, Sabrina Alfonsi, said there had been an "extraordinary intervention" over the weekend by workers cleaning up rubbish and setting up traps.
Alfonsi said the rats were attracted by the piles of rubbish left by tourists.
France 🇫🇷: Authorities in France must prohibit female students from wearing abayas in public schools.
Students will be banned from wearing abayas, the loose-fitting tunics worn by some Muslim women, in public schools in France, Education Minister Gabriel Attal has published.
The rule will apply once the new school year begins on 9/4/23.
NEW: Massive outflow of #Bitcoin from ByBit
12.5k BTC, $320M in total yesterday. The biggest withdrawal from Bybit ever. They now have 21.5k BTC left on the exchange. 👀
Colonizing Mars is an opportunity to start over - which do you choose as the official architecture?
The ruler sees no harm in stealing a cell phone to have a beer.
https://nostr.build/av/b5d2ddda868f0937cdae98b3f86ba7ccd6523e6647f42e229a161ea45b03e814.mp4
Brazil 🇧🇷: Alok's concert yesterday at Copacabana beach, in the south zone of Rio de Janeiro, was also marked by trawling, beatings and more than 30 arrests. Dubbed the "Show of the Century", the DJ took to the stage to celebrate the 100th anniversary of the Copacabana Palace hotel.
The Military Police informed that they took around 500 people to the police stations in the south zone during Alok's show. The occurrences were registered in the 12th and 13th DP, both in Copacabana, and in the 14th DP (Leblon).
More than 30 people were detained, with 17 arrested and another 15 teenagers apprehended.
nostr:note12m9kp5qz3yulc9vhzjva9xf2uqukzy2zljeng0l0s5aprvra22aq2vf5lv
The ruler sees no harm in stealing a cell phone to have a beer.
https://nostr.build/av/b5d2ddda868f0937cdae98b3f86ba7ccd6523e6647f42e229a161ea45b03e814.mp4
The decadence of France!
Mano, France, famous for its first class culture, fine food and luxury brands, is the seventh largest economy in the world. It has a GDP of 2.9 trillion dollars. But economic and social problems are circling the country and threatening to ruin everything.
For those who accompany me, you know, I have coverage in France and because I was there for a long time and having the knowledge of economics that I have, I was able to understand this…
https://m.primal.net/HKCB.webp
Spending Every Last Penny on Social Welfare
France is the country that most supports social well-being on the planet. It puts about 31% of its GDP in that parade. These expenses may even show the generosity of the French state, but they also weigh heavily on the country's economy. Everyone pays that bill with taxes!
Political and Social Mess
France is in a political and social mess. Protests against the government have become routine. The yellow vest protests since 2018 and the crowd taking to the streets against the pension reform are examples of this.
https://m.primal.net/HKCC.webp
Account in the Red
France's public debt to GDP ratio is 109%, one of the three highest in the world.
Jobless Young People
The unemployment rate among French kids (18 to 24 years old) has been above 17% for over 30 years. This is one of the highest in all of Europe. It shows that the French job market is having problems and is not able to integrate young people.
Energy and Cars on Canvas
In 2022, France became an energy importer for the first time in 3 decades. This is bad for the country! In addition, the French car sector took a beating in sales, falling 7.8% last year. It was the worst result since 1975.
problem with immigrants
France has a heavy toll with immigrants, who come from former colonies in North and West Africa. This has fueled social and political bullshit, contributing to the country's mess.
USA 🇺🇸: BlackRock, the world's largest asset manager, voted against the vast majority of shareholder proposals related to climate and social issues during the 2022-2023 proxy voting season, the company said on Wednesday (23).
Overall, BlackRock declined 742 out of 813.
