US Bitcoiners need to organize to remove capital gains on BTC usage. Legalization of the currency is as simple as that.
After having lived in Mexico City long enough to experience the depths of its culinary offerings, I can see why a lot of people view Tex Mex as a gastronomic abomination. Sorry, not sorry.
THE GODDAMN ARGENTINIAN PESO HAS GAINED 2% IN VALUE ON THE US DOLLAR OVER THE PAST 30 DAYS.
The US has the highest incarceration rate in the history of man and some of you clowns are out here celebrating freedom on the 4th of July.
*clears throat*
THE DOLLAR HAS MAINTAINED INFLATIONARY PACE WITH THE ARGENTINIAN PESO FOR A MONTH NOW.
Argentina's inflation is north of 110% currently.
They're printing USD into oblivion.
Took the day off the internets, log on, and Russia's in the middle of a coup attempt. Wild times.
The irony of the hyper-patriotic Americans who are in favor of the sanctions on Russia is that they are being injured economically at a noticeable clip. The death of the dollar has been accelerated thanks to the US feeling entitled to police the world.
Almost 6 months in, the Nasdaq is off to its best start to the year ever https://www.zerohedge.com/markets/goldman-nasdaq-its-best-start-ever-folks-are-long-they-have-been-all-year https://twitter.com/zerohedge/status/1670853238206103556/photo/1
Now do this measured against M2 money supply. Not so much.
It really did, and now the real estate market is upside down in similar fashion and people who have the green light to work remote are good as gone. Commercial real estate downtown has been completely torpedoed. Hopefully the market finds a way to repurpose those high rises into residential housing bc the city's in desperate need of density.
Downtown is looking increasingly post-apocalyptic. Just depends on how many meth heads are scurrying about before they get removed by police. Historically a boom and bust town in the process of busting.
Bitcoin is becoming more and more useful with each passing day. It's pretty incredible. Kinda mind-blowing, honestly.
The Mexican peso is about to touch 17:1 against USD. When I moved to Mexico 16 months ago the exchange was north of 21:1.
AMLO (president of Mexico) chose austerity during Covid, while the Trump administration printed trillions. This is what fiscal theft looks like.