Source: CoinTelegraph.com
Nearly half the available Bitcoin (BTC) supply has not moved in the past six months, onchain data confirms.
Continue reading “45% of Bitcoin Supply has not Moved in 6 Months – William Suberg 8/14/24”
The Co-Opting of Bitcoin: BTC Nashville, Peter Thiel, Donald Trump, and Rumble – Derrick Broze 8/1/24
Source: TheLastAmericanVagabond.com
As U.S. Presidential candidates Donald Trump and Robert F. Kennedy Jr. appealed to the Bitcoin community for votes, the right-leaning Big Tech bro’s sunk their claws further into the once potentially revolutionary project.
Former President Donald Trump and Independent Presidential candidate Robert F. Kennedy, Jr courted voters at the BTC Nashville Conference this past weekend. Both men made promises to change the Biden administration’s policy of criminalizing elements of the cryptocurrency industry.
Trump Promises To Make USA The “Bitcoin Super-Power Of The World”; Democrats Panic U-Turn On Anti-Crypto Crusade – ZeroHedge 7/28/24
Source: ZeroHedge.com
In a spirited keynote address, Former President Trump promised to make USA the “bitcoin super-power of the world,” ensuring that cryptocurrency is “mined, minted, and made in the USA.”
UFC Star Launches Meme Coin, Falls to Zero in Minutes Amid Insider Trading Claims – Andrew Throuvalas 7/4/24
The Petro Dollar, China, and CBDC’s – Derrick Broze 6/21/24
Source: TheLastAmericanVagabond.com
Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar?
Continue reading “The Petro Dollar, China, and CBDC’s – Derrick Broze 6/21/24”
Tornado Cash Developer Sentenced to Prison for the Crime of Writing Privacy Preserving Software the State does not Like – Andrea Togni 6/13/24
Source: Mises.org
On May 14, Alexey Pertsev, one of the lead developers of Tornado Cash (TC), was found guilty of money laundering by a Dutch court and sentenced to sixty-four months in prison. TC is a privacy-preserving protocol developed for the Ethereum blockchain: it allows users to deposit funds in a TC pool and withdraw them to a different address, thus making it impossible for external observers to track financial activity. TC is completely noncustodial, meaning that users are in control of their own money at every step of the process. In other words, developers do not have any technical means to control how individuals interact with the TC smart contracts.
The Arrest of Samourai Wallet Developers Shows the US Government Hates Privacy and Freedom – Andrea Togni 5/9/24
Source: Mises.org
On April 24, two lead developers of Samourai Wallet (SW), the most-advanced privacy-centric wallet in the bitcoin ecosystem, were arrested and charged with money laundering and money transmitters offenses by order of the United States Department of Justice (DOJ). This is just the latest assault of an escalating war waged by US regulators on financial privacy and freedom.
What Happened to Bitcoin? – Jeffrey A. Tucker 4/14/24
Source: Brownstone.org
Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Continue reading “What Happened to Bitcoin? – Jeffrey A. Tucker 4/14/24”
SEC Moves Against Decentralized Finance, Targets Uniswap – Rick Findlay 4/11/24
Source: ReclaimTheNet.org
The US Securities and Exchange Commission (SEC) has delivered an enforcement notice to Uniswap, a decentralized cryptocurrency exchange.
Known as a Wells notice, the enforcement wrangle points toward a future legal dispute between the regulatory body and Uniswap, reflecting its reputation as a precursor to enforcement actions.
Continue reading “SEC Moves Against Decentralized Finance, Targets Uniswap – Rick Findlay 4/11/24”
What is the Bitcoin Halving? Unveiling the Most Important Event in Bitcoin’s History – Brian Nibley 3/7/24
Source: FinanceMagnates.com
With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin halving? This is a common question among those wanting to learn more about the Bitcoin protocol. Expected to be the most important event in Bitcoin’s history, the 2024 halving is expected to occur sometime on or around April 13.
Here we will cover the basics of how the Bitcoin halving works, what the Bitcoin halving is, why it happens, and what it may mean for markets this year and beyond….
Zimbabwe Turns Gold-Backed Digital Token into Payment Method – David Attlee 10/10/23
Source: CoinTelegraph.com
On Oct. 5, the gold-backed digital token called, Zimbabwe Gold (ZiG), officially launched as a payment method. The launch was announced by the Reserve Bank of Zimbabwe (RBZ).
Governments Start Calling For Price Controls; Rationing And CBDCs Come Next – Brandon Smith 9/21/23
Source: Alt-Market.us
Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’ I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects of inflation. I also noted that the index had been manipulated downwards by Joe Biden as he flooded the market with oil from the strategic reserves. Because so many elements of the CPI are connected to energy, Biden had created an artificial drop in CPI using this strategy.
Hedging the End of Fiat – Alasdair Macleod 8/24/23
Source: SchiffGold.com
It is slowly coming clear that the fiat dollar’s hegemony is drawing to a close. That’s what the BRICS summit in Johannesburg is all about — rats, if you like, deserting the dollar’s ship. With the dollar’s backing being no more than a precarious faith in it, it is bound to be sold down by foreign holders. Being only fiat, it could even become valueless, threatening to take down the other western alliance fiat currencies as well.
How do you protect your paper wealth from this outcome? Some swear by bitcoin and others by gold.
This article looks at what is likely to emerge as a replacement currency system, and concludes that from practical and legal aspects, bitcoin and the entire cryptocurrency industry will fail with fiat, while mankind will return to gold, as it has always done in the past when state control over currency fails
Continue reading “Hedging the End of Fiat – Alasdair Macleod 8/24/23”
How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23
Source: Mises.org
It is no coincidence that Nigeria, with a population of over two hundred million, became the first serious global testing ground for central bank digital currencies (CBDC) implementation. Not only is it the wealthiest country on the continent where the globalists are making plans, but Nigeria also possesses significant hydrocarbon and metals reserves and talented citizens. For these reasons, it can serve as a relatively good example for the rest of the poorest continents.
Continue reading “How a CBDC Created Chaos and Poverty in Nigeria – Jan M. Fijor 9/1/23”
As Cuba Takes Leap Towards ‘Cashless’ Economy, Entrepreneurs Brace for Impact – Reuters 8/21/23
Source: Reuters
When Cuba in early August announced it was taking a major step towards electronic banking and a “cashless” society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond.
Most alarming to many budding entrepreneurs was a new 5,000 peso ($20) daily cap on cash withdrawals for businesses, one of several measures the government said were aimed at forcing Cubans to do their transactions electronically, via transfer, online payment and bank cards.
NAB, Comm Bank and ANZ Introduce New Transfer Restrictions that Give Them More Control of Your Money; as the Move to ‘Cashless’ Branches Rolls On – Daily Mail 8/6/23
Source: DailyMail.co.uk
Australia’s crypto community is up in arms as the Big Four banks move to stop transfers to digital currency sites in the name of ‘protecting customers’ from scams.
Daily Mail Australia reported on Sunday that the Commonwealth Bank has set a strict $10,000 monthly limit on the amount a customer can transfer to crypto exchanges and related sites.
It can now be revealed that this follows similar moves by NAB, Westpac and ANZ.
Putin Signed Digital Ruble Law Making a CBDC Possible in Russia – CoinDesk 7/24/23
Source: CoinDesk.com
Russia’s president Vladimir Putin signed the digital ruble bill into law today, allowing the country’s central bank to issue its own digital currency.
The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia’s Civil Code. The digital ruble accounts will be managed by the central bank, the law says. The bill passed its third, final hearing on July 11 and had been waiting for the president to be signed.
Brazil’s CBDC Allows Government To Freeze Funds, Developer Discovers – Christina Maas 7/17/23
Source: ReclaimTheNet.org
In a disquieting discovery, the Brazilian Central Bank Digital Currency (CBDC) is reportedly designed with a feature enabling the government to freeze user funds and adjust balances. The revelation emerged after Pedro Magalhaes, a prominent blockchain developer and founder of Iora Labs, managed to decode the underlying technical details of the CBDC.
Analysis: Will Zimbabwe Pave the Way for Gold-Backed Money? – Andrew Moran 5/30/23
Source: TheEpochTimes.com
Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era?
Ordinals Good or Bad for Bitcoin? Supporters and Opposers Raise Voices – Helen Partz 5/11/23
Source: CoinTelegraph.com
Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.
How the War on Crypto Triggered a Banking Crisis – Ellen Brown 4/29/23
Source: EllenBrown.com
According to an article in American Banker titled “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for more financial resources to police the crypto market. Gensler testified at an April 18 House Financial Services Committee hearing:
Continue reading “How the War on Crypto Triggered a Banking Crisis – Ellen Brown 4/29/23”
Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High – ZeroHedge 4/27/23
Source: ZeroHedge.com
Over the last few weeks, it has seemed you can’t turn a page, blink at a pixel, or hear a news report without some form of de-dollarization headline shrieking at you. From Brazil to Saudi Arabia, and from India to Argentina, and increasing number of nations are ‘reportedly’ shifting away from the dollar hegemon.
The IMF Has Just Unveiled A New Global Currency Known As The “Universal Monetary Unit” That Is Supposed To Revolutionize The World Economy – Michael Snyder 4/13/23
Source: TheEconomicCollapseBlog.com
A new global currency just launched, but 99 percent of the global population has no idea what just happened. The “Universal Monetary Unit”, also known as “Unicoin”, is an “international central bank digital currency” that has been designed to work in conjunction with all existing national currencies. This should set off alarm bells for all of us, because the widespread adoption of a new “global currency” would be a giant step forward for the globalist agenda. The IMF did not create this new currency, but it was unveiled at a major IMF gathering earlier this week…
Coinbase, SEC on Collision Course for ‘Existential’ Clash over Crypto Industry – Reuters 3/24/23
Source: LBCGroup.tv
Coinbase (COIN.O) debuted on the US stock market on April 14, 2021 – the same day US senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator.
Gensler, who has called the crypto sector a “Wild West” riddled with fraud, is now embroiled in a battle with the world’s largest publicly-traded crypto firm over a core debate: whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC.
Report: FDIC Asked Signature Buyers to Stop All Crypto Business – Coin Telegraph 3/16/23
Source: CoinTelegraph.com
The United States Federal Deposit Insurance Corporation (FDIC) has reportedly asked potential rescuers of some failed U.S. banks not to support any crypto services.