Pretty sure IMF has conditions against doing that and what the money needs to be spent on
JUST IN: 🇸🇻 El Salvador secures $3.5 billion IMF financing package after agreeing to make accepting #Bitcoin voluntary and unwind its Chivo wallet.
Amidst the sea of red ink in markets today there remains one shining store of value in the green:
Fartcoin, who's market cap just hit $1 billion.
The safe haven asset of the future...
Bitcoin is still tracking global M2 with a ~70-day lag.
Two scenarios: dislocate from global M2 thanks to BTC-native buy side, or continue following it into a deep mid-cycle correction.
Grab your popcorn 🍿
🇺🇸 POWELL: "We're not allowed to own Bitcoin ... we are not looking for a law change."
JUST IN: 🇺🇸 Fed Chair Jerome Powell says "we're not allowed to own #Bitcoin"
Today marks 11 years since the iconic "HODL" post on BitcoinTalk.
Breaking: The Fed is expecting higher inflation and fewer rate cuts in 2025 with the Fed Funds Rate ending next year at 3.9%. Higher for longer is the overall message and a pause at the January meeting seems like a high probability bet.
ROGAN: "Elon is oddly sly about this [UAP] stuff ... He's not commenting on it at all which makes me go, hmm."
BREAKING: Senator Rand Paul announces he will delay the passage of the massive Omnibus Spending Bill if it clears the House, potentially leading to a government shutdown if not passed by Friday.
He is a troll. It's funny though
U.S. 🇺🇸 Bitcoin ETF inflows by day 👇 in $ millions
JUST IN: Saylor says he'd be willing to advise 🇺🇸 President Donald Trump on digital assets if he was asked to do so 👀
AARON RODGERS: “Say whatever the f*** you want about me but before you do … state your vax status … because then when you say things about me people can be like, ‘Oh you are captured by the multi-billion dollar psyop and you’re still upset about it.’” 🤣
Agreed. Luckily there are a few people like nostr:npub1235tem4hfn34edqh8hxfja9amty73998f0eagnuu4zm423s9e8ksdg0ht5 who do what they can to improve user privacy on smartphones. We need more people working on Bitcoin Privacy but right now only thing people care about is Number Go Up
When will the Fed address what they'll do when the liquidity boost from the RRP drainage runs out?
I disagree that the phones today in our pockets are so powerful, it's kind of amazing. However, like everything, they are a double-edged sword. They can make you productive or super distract you. Yeah, a big con is that they are like 95%+ all spyware devices.
Good question I'll try look this up today. Could just be a typical seasonal holiday boost
