Storytime! 🕰️
So I had to sort out my #taxes for the year and I had an extra line item this time around. I normally keep a little bit of cash in a savings account just for rainy days, liquidity issues and as a buffer so I never have to dip into my Bitcoin
It collects a bit of interest which claims to offset the core CPI locally but clearly doesn't offset the growth in m2, so you're already robbing me, just a little slower than usual.
Normally the tax man didn't bother about it, but as the South African Rand devalues faster and faster the numbers get bigger despite the relative purchasing power not budging much. Now the figures are raised to a point where they want me to pay in 13% of those annual interest payments for the year in taxes too lol
Now I see why people don't save for a down payment for stuff and just take on these stupid high interest rate loans, you're punished either way
If I wasn't in #Bitcoin man I would be so pissed, the normies are really getting shafted
We are indeed living in interesting times, watching this implosion sure is interesting now that we're at this point where the inflation boogyman remains on their back, the QE has to come eventually I just wonder how much more has to happen
So we finally got revised numbers from the BLS and they managed to overcount by 818 000 jobs, #Bidenomics figures finally trending closer towards the truth.
Latest #FOMC looks like they're getting closer to rate cuts, I guess we'll have to wait for the elections, then it's rate cutes and QE, bring on the great printing of 2024/2025
You can still bid for those keywords on DuckDuckGo too, they use Bing ads as the backend for its keyword ad placement
Warning! ⚠️ Scammers are bidding for Google Ads on #Coinbase keywords and phishing users sending them to a fake support service and then emptying out peoples accounts
Stop leaving your funds on exchanges, if you're not going to take self custody you might as well get the spot #ETF to save you from yourself, you were never ready for #Bitcoin
Over the last 2 months Mt Gox's wallet has been releasing coins onto the market, and they've released 106 000 BTC so far, and have 34 164 left in the chamber!
58k gang bros will have to enjoy it while it lasts, soon they'll hit 0 and it's up only from here...
Unless the US or UK starts dumping their positions after this!
I take it you're not into these riveting thought pieces like walking out of a threesome without finishing?
It's amazing how lucrative the market is for consume product, don't ask questions and just get excited for new rehashed product.
People are trying to fill a void in themselves with all the wrong things
Wild that the Call Her Daddy #Podcast can do a 2100 BTC sized deal for distribution rights to a catalogue of completely vapid conversations about t-bagging, gold digging and eating ass
And a value for value poddy can't even stack up 1 coin
I feel like these stories just help gaslight people who waste too much of their time and life trying to make it in the creator economy, very few winners and a load of undocumented losers
Delusions love company, when I was younger I would try to fight against it, now I know I'm not going down with the ship, i'm much calmer about letting them cook themselves, I'm just here to farm sats
I wouldn't doubt that this was a own goal decided by committee, I see it happen in my corporate job all the time
Governments seize physical assets all the time, and sell them back to the market, unless its like contraband, I guess ASICS are digital heroine makers lol
But what about all that e-waste? that's just bad for the environment and not a very green thing to do
Malaysia 🇲🇾 have found their second round of crushing 1000 #ASIC miners as they continue to stamp out illegal mining operations. Apparently, power theft for bitcoin mining has cost the country $776 million since 2018
Surely there's a bid for these devices, why not sell it to legitimate miners locally or internationally?
https://theminermag.com/news/2024-08-19/malaysia-bitcoin-miner-steamroller/
I don't have any government issued currency, or assets that have counterparty risk, all my money is in #Bitcoin
What she hears:
Lol what do you mean Tesla is going to $1000 as soon as the Optimus bots go into production, his entire army of shills are telling us so
Damn! #meme coin ruggers are making bank.
Step 1: Find the next regurgitated meme every week,
Step2: Shill coin on Twitter
Step 3: Rug and walk away with about a Bitcoin a week
https://cryptoslate.com/how-traders-make-over-60k-per-week-rugging-98-of-memecoins-on-pumpfun/