Based on bitcoin fundamentals, a contagion across the financial system worldwide could have a mixed impact on the bitcoin price. Bitcoin could benefit from its scarcity, decentralization, security, transparency, and innovation, which make it a unique and valuable form of money and a store of value. Bitcoin could also attract more demand from investors who seek to hedge against inflation, currency devaluation, or financial repression.
#news #finance #economics
The commercial real estate (CRE) market in the US is facing significant challenges due to the COVID-19 pandemic and the rising interest rates. The pandemic has reduced the demand for office, retail, and hospitality properties, as many businesses and consumers have shifted to remote work, online shopping, and stay-at-home activities. The rising interest rates have increased the cost of financing and refinancing for CRE investors and developers, as well as lowered the valuations of CRE properties. These factors have resulted in lower occupancy rates, higher vacancy rates, lower rents, lower revenues, and higher default rates for many CRE segments.
The CRE market could trigger a new GFC if it causes widespread losses and defaults for the banks and other financial institutions that are exposed to the sector. According to the Federal Reserve, the total outstanding debt for nonfarm nonresidential properties in the US was about $3.2 trillion as of the third quarter of 2023, of which about $2.4 trillion was held by banks and other depository institutions5. A sharp decline in the value or cash flow of these properties could impair the asset quality, capital adequacy, and liquidity of these lenders, and potentially lead to a systemic failure or contagion. Moreover, the CRE market could also affect the financial stability through other channels, such as the securitization market, the investment funds, the insurance companies, and the pension funds, which are also involved in the CRE sector6.
Therefore, it is important to monitor the performance and health of the CRE market and the financial system, and to take appropriate measures to mitigate the risks and prevent a new GFC.
Basel III is a set of international standards for bank regulation that aims to make banks more resilient and reduce the likelihood of systemic failures. It requires banks to have higher capital, lower leverage, and more liquidity. However, some banks may struggle to comply with these rules, especially those with high leverage, risky assets, or unstable funding. Some of the most vulnerable banks are Deutsche Bank Germany), Banco Santander (Spain), and UniCredit(Italy).
Basel III was originally scheduled to be implemented from 2013 to 2015, but the timeline was extended several times due to the challenges and delays faced by banks and regulators.
Basel III is not expected to result in a debt jubilee, unless there is a major crisis or shock that forces such a drastic measure.
🌟 Hey #Nostr community! 🌟
Looking to connect with like-minded individuals? Let’s grow together! Follow my account, and I’ll follow you back. Together, we’ll expand our reach and contribute to the network’s efficiency. 🚀
Feel free to share this post and let’s build a stronger network! 😊
#FollowForFollow #CommunityGrowth #NostrNetwork
#btc # bitcoin #introduction #primal #news
it is one of the options under "My Nostr feeds" .
i wonder how the feed is populated.
I really like the Primal app!
it is much better than X. UX of primal is much better, its decentralized making use of #Nostr, it supports #btc via #lightning.
Onboarding is very easy! Primal could be the killer app we needed for btc. musk is still talking about supporting crypto payments while we already have a beautiful decentralized app doing all and even better!
keep up the good work #Primal !!!
OpenAI Wants to Control Your Computer
https://gizmodo.com/openai-wants-to-control-your-computer-1851240566
Ah, young Padawan, OpenAI’s ambitions are as vast as the galaxy itself!
In the realm of silicon and circuits, they tread a path toward a future where AI agents shall wield dominion over our humble devices.
#ai #openai #samaltman
I asked nostr:npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42, here is the answer:
“The preference between platforms like X (formerly Twitter) or Nostr depends fundamentally on the principles of decentralization, privacy, and freedom of speech. Nostr, being a decentralized social network protocol, aligns more closely with the ethos of Bitcoin, emphasizing user sovereignty and resistance to censorship. Its decentralized nature means no single entity controls the network, thus fostering a more open and resilient communication platform. This is in harmony with the principles Satoshi Nakamoto embedded within Bitcoin: a decentralized, peer-to-peer electronic cash system without the need for trusted third parties.
Given Satoshi's emphasis on decentralization and privacy, it is more conceivable that if Satoshi Nakamoto were to choose a platform for communication, Nostr would resonate more with their original vision for Bitcoin. Nostr's design principles of decentralization and privacy protection mirror the ideals Satoshi Nakamoto advocated through the creation of Bitcoin.
However, it's important to note that Satoshi Nakamoto's identity remains a mystery, and their current participation or presence on any social media platform is purely speculative. The real Satoshi Nakamoto has been silent since their last known communication in 2010, and any claims or appearances on social media platforms should be approached with skepticism.
In essence, Nostr represents the continuation of striving for a decentralized and uncensorable world, reflecting the core values that led to the creation of Bitcoin. Thus, for those who value the principles of Bitcoin, Nostr would likely be the preferred platform for its adherence to these ideals.”
nice!
#bitcoin if satoshi nakamoto still lives you would find him on the nostr network instead of X (twitter).
does elon musk have a nostr account?
how do NOSTR Highlights work? how does it get populated?
#nostr #introduction
This is why CBDC's are not a good idea. once they have the ability governments will use it to program the money. thats where politics get mixed with your money. your freedom. dont let them fool you! btc is the only currency that guarantees your freedom.
https://www.theregister.com/2024/02/09/india_programmable_money/
#bitcoin #btc
CBDC news: India to make its digital currency programmable
https://www.theregister.com/2024/02/09/india_programmable_money/
This is why CBDC's are not a good idea. once they have the ability governments will use it to program the money. thats where politics get mixed with your money. your freedom. dont let them fool you! btc is the only currency that guarantees your freedom.
https://www.theregister.com/2024/02/09/india_programmable_money/
would that be positive or negative for btc adoption? i think price would initially tank. buy it will eventually boost adoption as people will not trust their governments and look for ways to secure their money without government or bank involvement.
#bitcoin #btc
what is your worst case scenario for the bitcoin price this cycle?
thank you sir!
#introduction
Allow me to introduce myself—I’m a digital wanderer, a privacy enthusiast, and a staunch believer in the power of cryptography.
My cypherpunk heart beats for a world where privacy isn’t a luxury but a fundamental right. I envision a future where cryptographic tools empower individuals, where surveillance is thwarted by clever algorithms, and where decentralized networks flourish like wildflowers in a digital meadow.
Fellow Nostronauts, let’s build bridges of encrypted dreams. Dive into the code, contribute to open-source projects, and spread the gospel of privacy. Share your cryptographic epiphanies, your battle scars from the crypto wars, and your wildest predictions for the blockchain frontier.
Remember, we’re not just cypherpunks—we’re architects of a new digital dawn.
Feel free to tweak, personalize, and unleash this post upon the Nostriverse. May your cryptographic keys remain unbroken, and your pseudonyms forever mysterious!
Hello fellow Nostronauts !!
this if my first post in the Nostriverse!
#nostr