The mission is not making money the mission simply requires money.
How we built a 1000x Growth Product in 1 Year | Perplexity AI, Aravind S... https://youtu.be/FZieYYj0ImE?si=zOk1Bs9wqXZeAg5N
🤯🤯 What a time to be alive! 🤯🤯
#Bitcoin halving is upon us, and the first #BitcoinETF are launched! 🚀🚀🚀
The Feds are also likely to turn on the printing machine due to a possible recession. 💸💸💸
#Government spending and the fact that every time that #taxCollection declined for the last 40 years have had a STRONG correlation with recessions😬
WORLDWIDE elections…
Wall Street is advertising Bitcoin like there is no tomorrow! 🤑🤑🤑
What do you think about all of this? 💭
#Bitcoin #Halving #ETF #Recession #Fed #WallStreet
Tax Revenue is FALLING... https://youtu.be/QcDeHaqHMPQ?si=O2trzj-qRRSqDLab
#bankRuns are possible due to a misalignment between the actual reserves a bank holds and the depositors' perceived risk. If depositors lose confidence in a bank's ability to meet withdrawal demands, they may rush to withdraw funds simultaneously, creating a liquidity crisis for the bank.
#Banks typically operate on a #fractionalReserveSystem, where they keep only a fraction of deposited funds as reserves. If a large number of depositors fear the bank's instability and attempt to withdraw funds simultaneously, the bank may struggle to provide enough cash, leading to a self-fulfilling #panic and potential financial instability.
The Fed’s Secret, Ongoing Bank Bailout that Just Keeps Growing https://youtu.be/-Ttf7LDhD9U?si=JuumsGTOZQOTSqfw
This is the time where tourists come to #bitcoinland some will stay because it “click” if they did some proof of work, others will run for the hills when the volatility intensifies.
Wall Street Will FOMO Into Bitcoin ETF https://youtu.be/MzO5-aLGtYw?si=KDUuLztko38dWFY0
WHAT #BITCOIN TAUGHT ME
Money can't fix everything, but it sure tackles a lot of issues. Let's face it – most problems are, at their core, money problems. 💰 #MoneyTalks #ProblemSolver
#HeresyFinancial 
The wealth gap, with the bottom 50% holding 4,000,000 million USD and the top 0.1% having 20,000,000 million, is stark. This represents a substantial percentage difference, emphasizing the concentration of wealth among a select few.
#Bitcoin’s potential to address this lies in its decentralized nature. Traditional financial systems often perpetuate inequality through centralized control. #Bitcoin, as a decentralized digital currency, allows for more inclusive access to financial services, potentially empowering the underprivileged.
By removing intermediaries and providing financial autonomy, #Bitcoin has the potential to enable wealth accumulation for a broader demographic. Its fixed supply and transparent, borderless nature could offer a more equitable financial landscape, helping bridge the gap between the bottom 50% and the top 0.1%. 
To understand #Bitcoin , start with the problem of infinite FIAT money printing driven by short-term political incentives. #Education #FinancialFreedom
#Bitcoin, like #gold, serves as a store of value, but with significant advantages. While #gold has a physical presence, #Bitcoin's intangibility is a strength, not a weakness. The digital nature of #Bitcoin makes it more divisible, portable, and resistant to counterfeit. Unlike #gold, you can carry, send, and receive #Bitcoin effortlessly, transcending physical limitations.
Additionally, the finite supply of 21 million Bitcoins mirrors gold's scarcity, making it resistant to inflation. Yet, Bitcoin's fixed supply is programmatically enforced, removing reliance on mining costs or discoveries.
The absence of a physical form eliminates storage concerns and the risk of theft or confiscation, democratizing access globally. Bitcoin's decentralized nature contrasts with centralized gold repositories, providing financial sovereignty to individuals.
In a digital age, the adaptability and efficiency of #Bitcoin overshadow gold's traditional allure. While #gold remains a symbol of wealth, #Bitcoin represents the future – a borderless, secure, and decentralized store of value. 💎🚀 #BitcoinGoldStandard #DigitalRevolution
Ex Google Engineer Predicts Bitcoin Will Hit $500,000+ — Vijay Boyapati ... https://youtu.be/c_3v3eYVaxA?si=K_0FnRSROlcbEmh9
#Bitcoin's transparency and pseudo-anonymous characteristics can benefit law enforcement in certain scenarios. Unlike traditional financial systems, #Bitcoin transactions are recorded on a public ledger called the blockchain, making it easier to trace funds. While wallet addresses may not directly reveal user identities, patterns and connections can be analyzed to identify potential criminal activity.
In contrast, the traditional financial system can involve opaque processes and anonymous shell companies, making it challenging for law enforcement to follow the money trail effectively. For instance, money laundering schemes often exploit #loopholes in banking systems, hindering investigators.
Moreover, #Bitcoin's decentralized nature means that it operates without a central authority, reducing the risk of corruption or external interference. This contrasts with centralized financial institutions that may be susceptible to fraudulent activities facilitated by insiders.
However, it's essential to note that while #Bitcoin offers transparency, it also poses challenges for law enforcement, such as investigating privacy-centric cryptocurrencies or dealing with sophisticated techniques like coin mixing. Balancing the benefits and challenges requires ongoing adaptation to the evolving landscape of digital currencies.
What would you prefer?
A) 16% interest on 10k for 10 years
B) 20% interest for 9 years where on the 10th year has 15% loss
@RayDalio, the founder of Bridgewater Associates, has mentioned that a common indicator of a potential collapse in a #fiat currency is when the government struggles to sell its debt, and the central bank ends up buying a significant portion of that debt.
Blackrock hits $2B, Sellers Exhausted - When Price Discovery? https://youtu.be/hqV3DLUgZCA?si=6zcOfbrh5dsV0rfu
Buy the rumour sell the news? Statistically speaking is better just to hold keep reading the click will arrive.
#BrokenMoney
#PriceOfTomorrow
#TheBitcoinStandard
Sell-The-News: Bitcoin Investors Underwater - The Week On-chain 04, 2024... https://youtu.be/fvkw-zUjqFw?si=LXcR2pwLRGN8F6Wk
#ProofOfReserve (PoR) in a #BitcoinETF is a mechanism that allows investors to verify that the ETF is actually holding enough BTC to back the number of shares that are issued. This is done by requiring the ETF issuer to publish the public addresses of the BTC wallets that they are using to hold the reserves. Investors can then use these addresses to track the movement of the BTC on the blockchain.
#ProofOfReserve is important for Bitcoin ETFs because it helps to ensure that the ETF is not engaging in any fraudulent activity, such as issuing more shares than they have BTC to back them. It also helps to maintain trust and transparency in the ETF market.
PoR is not possible to do with gold because gold is a physical asset that cannot be easily tracked on a blockchain. However, there are other mechanisms that can be used to verify that an ETF is holding enough gold to back the number of shares that are issued. For example, the ETF issuer could be required to provide physical audits of their gold holdings.
#Inflation explained with a robber band.
What happens when new money appears out of thin air in the economy.
Here 👇
https://www.instagram.com/reel/C2d7fkTtQIA/?igsh=MWluNjRpM3VvcGU4Zg==
Good or bad?
The #BoltProtocol Goes Beyond #Bitcoin used on the #LightningNetwork
Initially designed for #Bitcoin, the Bolt protocol's versatility extends to other digital assets
@voltage_cloud is a company that provides a turnkey solution for running a Bitcoin #LightningNetwork node. Their nodes are pre-configured and ready to use, and they come with a variety of features
#notsponsored
Voltage Platform Overview: A Live Workshop https://youtu.be/MVeOb2sY63k?si=ixWuVVDqpz-xF3vG
The #LiquidNetwork and the #LightningNetwork are two popular Bitcoin layer-2 scaling solutions designed to address the Bitcoin network's limitations in terms of transaction speed and scalability. While both aim to improve the efficiency of Bitcoin transactions, they differ in their underlying architecture and target use cases.
#LiquidNetwork —————
The #LiquidNetwork is a federated sidechain of #Bitcoin, meaning it operates alongside the #Bitcoin mainchain but maintains its own blockchain and consensus mechanism. This allows it to implement unique features such as Confidential Transactions, enabling private transactions on the network.
Key features of #LiquidNetwork:
#PrivateTransactions: Confidential Transactions obfuscate the amounts and asset types involved in transactions, enhancing privacy.
#IssuedAssets: Liquid supports the issuance of new assets, such as stablecoins, security tokens, and utility tokens.
#FasterSettlements: Liquid blocks are produced every minute, significantly faster than Bitcoin's average block time of ten minutes.
#Scalability: Liquid can handle a higher transaction throughput than the Bitcoin mainchain, allowing for more frequent and efficient payments.
#LightningNetwork ————-
The #LightningNetwork is a decentralized network of interconnected payment channels that enables off-chain #Bitcoin transactions. Instead of broadcasting transactions directly on the #Bitcoin blockchain, users create payment channels with other network participants, allowing them to send and receive payments instantly and without fees.
Key features of #LightningNetwork:
#OffChainTransactions: Lightning payments are settled off-chain, reducing congestion on the #Bitcoin mainchain.
#HighScalability: The Lightning Network can handle a massive number of transactions with near-zero fees.
#Micropayments: Lightning is well-suited for micropayments due to its low transaction fees and efficient routing mechanisms.
In summary, the #LiquidNetwork and the #LightningNetwork offer distinct advantages and disadvantages, making them suitable for different applications. Liquid excels in private transactions, issuing assets, and handling large-value payments, while Lightning shines in facilitating micropayments, achieving high scalability, and enabling rapid transactions. Ultimately, the choice between the two depends on the specific needs and requirements of the user or application.
#Hashrate is a crucial metric in the Bitcoin ecosystem, representing the total computational power dedicated to validating and securing transactions on the Bitcoin network.
Bitcoin Hash Rate Hits All-Time High! https://youtu.be/Pc6CKNOwOP0?si=DjnJFI37V2yDRUmM
Decentralization: The Rise of a New Economic Paradigm
In the modern world, characterized by globalization and technological advancements, the traditional centralized economic model is facing increasing challenges. This top-down approach, where decision-making power resides with a central authority, is often criticized for its #inefficiencies, lack of responsiveness to local needs, and susceptibility to corruption.
As a response to these limitations, decentralization has emerged as a promising alternative economic paradigm, emphasizing the diffusion of power and authority across various entities within a system. This decentralized approach seeks to empower individuals, communities, and smaller organizations to make decisions and take ownership of their economic activities.
Key Drivers of Decentralization
Several factors are driving the growing interest in decentralized economic models:
Technological Advancements: The emergence of blockchain technology and distributed ledgers has enabled the creation of new, decentralized platforms that facilitate peer-to-peer transactions and economic activity without the need for intermediaries or central control.
Responding to Global Challenges: The increasing interconnectedness of the global economy has highlighted the limitations of centralized systems in addressing global challenges such as climate change, pandemics, and financial instability. Decentralized approaches offer potential solutions by fostering collaboration and innovation at a local level.
Evolving Consumer Preferences: Individuals are increasingly demanding more transparency, accountability, and control over their personal data and economic choices. Decentralized systems align with these preferences by enabling more direct participation and ownership in economic activities.
Evolution of Decentralized Economy
The evolution of decentralized economies can be seen in several emerging trends:
Rise of Decentralized Finance (DeFi): DeFi applications are leveraging blockchain technology to create a peer-to-peer financial system that operates without the traditional intermediaries like banks and financial institutions. This decentralized approach offers new opportunities for financial inclusion, innovation, and transparency.
Community-Driven Economies: Decentralized platforms are enabling the creation of community-driven economies, where individuals and communities can collaborate on projects, share resources, and exchange value within their own networks.
Emergence of New Ownership Models: Decentralized protocols and platforms are introducing new ownership models, such as tokenization and decentralized autonomous organizations (DAOs), which allow for more democratic and distributed control over assets and governance.
Impact on the Future of Economy
The growing adoption of decentralized economic models has the potential to reshape the future of the economy in several ways:
Enhanced #Efficiency and Innovation: Decentralized systems can foster greater efficiency by eliminating intermediaries and empowering individuals to make decisions closer to the point of value creation.
Improved Transparency and Accountability: Decentralized platforms can increase transparency by providing a clear record of transactions and governance decisions, making it easier to identify and address potential issues.
Increased Inclusion and Empowerment: Decentralized systems can promote greater inclusion by providing access to financial services, economic opportunities, and governance mechanisms to underserved communities.
Empowerment of Individuals and Communities: Decentralized economies can empower individuals and communities to take control of their economic destinies, leading to greater autonomy and self-reliance.
Conclusion
Decentralization is a transformative force reshaping the economic landscape, offering potential solutions to address current challenges and pave the way for a more equitable, transparent, and inclusive economic system. As technology continues to advance and consumer preferences evolve, decentralized economic models are poised to play an increasingly prominent role in the future of the global economy.