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Hak-Kun Hyun Baek โšก
27217093e83ec6289df7562811e01af5f7966870b88fad9169e7bf10c434fdda
Interested in economics, politics and cryptocurrencies. hakkunhyunbaek@walletofsatoshi.com โ‚ฟmildlylingo92@phoenixwallet.me

๐Ÿšจ During a visit to Madrid, Spain, on June 29, Federal Reserve Chairman Powell stated that "a strong majority" of Fed policymakers expect the need for at least two more interest rate hikes by year's end. The Fed will hold four more policy meetings this year, with the next one on July 25-26. #FederalReserve #InterestRates #MonetaryPolicy

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๐Ÿ’กData shows that in the first half of 2023, Bitcoin surged by 83.8%, claiming the top spot and outperforming other major assets worldwide. The Nasdaq index rose by 31.7%, taking second place, while other national stock markets also saw gains. On the flip side, natural gas prices fell by 37%, ranking last, along with declines in other energy sources. Photo taken by CLS. #Bitcoin #Nasdaq #EnergyMarkets

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๐Ÿ‡บ๐Ÿ‡ธ U.S. Congressman Patrick McHenry has suggested that #SEC Chairman Gensler wants to kill the #Bitcoin industry.

"The only reason SEC Chairman Gensler would oppose a spot #Bitcoin ETF is if he wants to kill the industry in the U.S. completely. Gary Gensler has a lot to explain."

- Patrick Mc Henry

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Replying to Avatar Lyn Alden

My July 2023 public newsletter is out now:

https://www.lynalden.com/july-2023-newsletter/

It discusses the topic of fiscal dominance, and how interest rates become a weaker and weaker policy tool as public debt increases.

Excellent observations!! Congratulations on your work ๐Ÿ‘Œ๐Ÿป๐Ÿ‘๐Ÿป

๐Ÿ—ž #Bitcoin #ETFs will be the 'winner takes more' market, says #Bitwise executive.

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๐Ÿ’ก ๐Ÿ‡ต๐Ÿ‡ช The country Peru wants to mine #bitcoin using waste energy. โ™ป๏ธ

Bitcoin mining using energy from garbage consists of harnessing the methane gas generated by the decomposition of waste in landfills. This gas can be converted into electricity through microturbines, which power Bitcoin mining farms. This approach allows you to monetize methane, reduce routine burning, lower maintenance costs, and mitigate emissions of greenhouse gases such as methane, which is more harmful than CO2. #BitcoinMining #RenewableEnergy #GreenTechnology

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5/5 - ๐Ÿ‡ง๐Ÿ‡ท Stay tuned for further updates on this developing story. The proposed amnesty bill has sparked intense debate and divided opinions among politicians and citizens. #PoliticalDebate #BrazilianDemocracy #StayInformed

4/5 - ๐Ÿ‡ง๐Ÿ‡ท The bill will now go through thorough analysis by the committees and plenaries of the Chamber of Deputies and the Senate. This is an essential step before it can be sent for presidential approval or veto. #LegislativeProcess #BrazilianPolitics

3/5 - ๐Ÿ‡ง๐Ÿ‡ท Deputy Ubiratan Sanderson (PL-RS) is the author of the bill. He emphasized that he aims to prevent the removal of the country's main right-wing leader from the political scene due to an electoral civil offense. #PoliticalAmnesty #Leadership

2/5 - ๐Ÿ‡ง๐Ÿ‡ท The bill has gained support from 70 deputies, including some from the current government led by Lula. Their goal is to pardon all those convicted of electoral civil offenses since 2016 until the law takes effect. #AmnestyBill #Bolsonaro

1/5 - Breaking News: ๐Ÿ‡ง๐Ÿ‡ท A group of deputies from the PL party and other parties have presented a bill to grant amnesty to former President Jair Bolsonaro. He was convicted by the Superior Electoral Court (TSE) for abuse of power and misuse of media in 2022. #BrazilPolitics

๐Ÿ‡ง๐Ÿ‡ท The concept of democracy is relative, says Lula about the dictatorship in Venezuela.

President returns to relativize complaints against Maduro after saying they are part of a 'narrative'.

I still don't understand, how Brazilians voted for a corrupt, dictator project... ๐Ÿคข๐Ÿคฎ

๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿฆ˜ Australian #activists advocating for increased indigenous representation in parliament held rallies in #Sydney and other cities. A referendum at the end of this year will ask whether Aboriginal people should be included in the country's #Constitution. Recent #polls show a decrease in support for the measure, which is endorsed by the ruling Labor #government, with only 49% of voters intending to vote "yes".