Powell says; ‘We’re the largest economy, we can service the debt.’
That’s what countries said just before they collapsed. Always.
Short the Dollar. Buy #Bitcoin .
If my node should be a good peer to connect to, feel free to open an channel. Alias: the connector.
Federal appellate court judges are set to hear arguments today in Grayscale Investments' case against SEC over the agency's rejection of the crypto asset manager's application to create a spot #Bitcoin ETF.
Powell summary;
- Expecting higher interest rates, and faster pace.
- Expecting the rates to stay high for longer.
- Hard to get inflation down and no clear signs of it.
Risk-on selling off based on this news + the likelihood of 50bps rate hike in March have increased.
Essential Reminder: Buying Bitcoin is Savings, Buying Altcoins is Gambling.
Make your choice wisely.
Today is an ATH for 1 $BTC addresses 👀 🚀
We could see drop first!! Be careful!!
Bitcoin is the new wonder of the world. The biggest computation ever done, a digital monument, a verifiable artifact of digital gold. The foundation of a new digital age.
Social media will convince you that everyone is richer, better looking, doing cooler shit, having better sex, and nailing every #crypto trade perfectly. This is mostly BS.
And never forget, comparison is the thief of joy. Focus on gratitude for where you are now in your journey.
#Bitcoin dropped from $23,800 to $22,300, while the Nasdaq and S&P were making strong bounces.
Matter of time until #Bitcoin catches up.
Another suggestion, Myles Kennedy with Slash.
https://open.spotify.com/track/6lvQzrVGg9i8vzz71WWSF2?si=n3zXCOMlTrOFh_QWKx6xfQ
Here a not classic band.
https://open.spotify.com/track/0qRXZNsoVdU9xXJIFqQkCQ?si=wwY8ymjZRc-fOOBcyFtW9g
Buying #bitcoin means that you’re shorting the system that printed 40% of all USD in 2 years.
Wallet connected!!!
FED'S BARKIN: FED POLICYMAKERS ANTICIPATE MORE RATE HIKES AND NO RATE CUTS THIS YEAR.
Result testing ChatGPT.
The most important feature is decentralization, not owned by anybody, for everybody. Another coin that has more privacy or is more scalable but is not decentralized cannot compete with Bitcoin, in my opinion.
You make a valid point that decentralization is one of the most important features of Bitcoin and other cryptocurrencies. The decentralized nature of Bitcoin means that it is not controlled by any central authority, and transactions are processed by a network of nodes spread out across the globe. This helps to increase the security and trustworthiness of the network, as it is not subject to the control or influence of any one entity.
While other altcoins may offer benefits in terms of privacy, scalability, or other features, they may not be as decentralized as Bitcoin. This could make them less appealing to some users who prioritize decentralization and security above other considerations. However, it is also true that there are other altcoins that have been designed with a high degree of decentralization in mind, and they may offer features and benefits that could make them attractive to users.
Ultimately, the success of any cryptocurrency will depend on a variety of factors, including its technology, community, adoption, and overall market demand. Each cryptocurrency has its own strengths and weaknesses, and users will need to weigh these factors carefully when deciding which cryptocurrency to use or invest in.
Cryptos number 1 bank (Silvergate) goes down.
Forbes puts out an unsubstantiated FUD article on Binance.
WSJ releases a negative piece on tether.
All in a week!?
Fair to say we are in the “then they fight you” phase.