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https://bitcoinmagazine.com/business/seven-companies-mining-bitcoin SEVEN COMPANIES YOU WOULDN’T EXPECT TO BE MINING BITCOIN What do health and wellness brands, logistics companies and your local Bitcoiner have in common? They’re all hash rate fiends! ZACK VOELL MAY 13, 2022 As the Bitcoin...

Lots of important news, Frederick. I'm glad to see you're enjoying them I'll keep posting important Bitcoin and crypto threads for your reading pleasure This China Bitcoin mining is very important It makes sure that the Bitcoin network is not controlled by the ESG bullshit of the west MARA...

You're correct and that is the point They will no longer have to rely on IMF or ECB or other centralized banking cartels The ability to print fiat currencies with support from the world powers is reserved for very powerful countries The countries that adopt Bitcoin will now be part of the...

El Salvador only put 5% of their treasury to Bitcoin

Pekelo, it's not a failure in El Salvador The thing with acquiring btc on a regular basis is that you buy some at the high, you buy some at the low What's important with El Salvador and all these countries is that they are trying to break from the IMF and USD monetary policy Countries like...

Yup. Doing much better than PayPal, ZM, PTON and many other growth stocks The stock market is in a bear market and Tech Stocks are down quite a bit When btc and cryptos assets are back to all time high, we won't have to deal with the same criticism over and over, until btc goes down to $80k again

Prolly nothing... https://www.forbesindia.com/article/crypto-made-easy/el-salvador-to-host-44-countries-to-discuss-bitcoin/76377/1 El Salvador to host 44 countries to discuss Bitcoin The country also bought the most recent dip, buying about 500 bitcoins By Shashank Bhardwaj Image...

Prolly nothing... https://www.bloomberg.com/news/articles/2022-05-17/china-makes-a-comeback-in-bitcoin-mining-despite-government-ban China Makes a Comeback in Bitcoin Mining Despite Government Ban ‘Covert mining operations’ behind rise, Cambridge Center says Hashrate on the network climbed...

Prolly nothing... Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is...

Tether USDT is the one I prefer to hold out of all the stablecoins. I usually hold more USDT than USDC It has the best liquidity It's accepted in most web3 platforms (i.e. defi yield farming or dex trading platforms) It's on most if not all the major L1 blockchains It's on most if not all the...

I wonder one of them was Novo since he got a Luna(tic) tattoo?

It is not up to date, but Tether has since grown More buyers of Tethers using fiat means more Tethers are printed There were redemptions recently but that is due to the fear of a collapse like what happened with UST UST is algorithmic stablecoin tied to value of Luna and treasury reserve (i.e...

I don't agree that it's reasonable but it certainly is possible Looks like the US stock market futures are nuking tonight, so another week of bloodbath in all markets this week?

You're correct, it's too much demand and not enough supply of Tether USDT Can't really have a bank run on Tether USDT when most of it is stored in wallets that cannot redeem for USD I've posted this several times, but in case you're interested, you can read the whole Twitter thread This has...

Getting close, but now going farther

Yes, the FTX.us has limited crypto markets and no perpetual futures FTX.com is used by the biggest wall street traders, from what I've read

FTX.us does accept US customers

FTX.com is pretty big. They do more volume than Coinbase. I'm pretty sure they can pay a huge windfall The biggest owner and of FTX and a multi-billionaire, Sam, just bought shares of Robinhood recently in the news FTX.com does not accept US residents, fyi

Newton was very very smart, but I'm not, I failed College Calculus. I keep it simple as a result BAYC NFT is not my only holding. Bitcoin is always the core holding Last week, I mentioned converting a lot of my crypto assets (altcoins and NFT's) to USD, so at this time, BTC and BAYC compose...

George (CryptosRus) describes his loss on Terra as the price of a house (not in Cali, probably) I had 6 figures in stablecoins, USDT, USDC and MIM, never held UST (not now, most crypto liquidity got sucked into my BAYC purchase) The big difference in holding USD at an exchange vs holding...