Mic Drop

My Dinner with Andre (1981) directed by Louis Malle

This comes after President Biden agreed to send Ukraine another $800 million in weapons, responding to President Zelenskyy’s urgent call.

No exchange will be able to do to Bitcoin what the LME did above

And why do the buyers of Gold, Silver, Platinum etc....not easily see how they are in the same position as the nickel traders in the video above? mind blowing.

Get out of the corrupt markets, Get out of cash settled fake "bitcoin" etfs, bonds, MBS backed residential RE and stocks.....and get into something solidly based on math where the exchanges cannot just erase a day's worth of trades and "reset" the market for a losing big player.

Now to see how this could become an even larger scandal.... replace the word Nickel above with Silver and/or Gold.

You would typically do it through an exchange like Robinhood app or Coinbase.

Although there are many who believe it is best to exchange the bitcoin with someone directly for cash. You transfer your bitcoin to that person and they hand over the cash to you. I think localbitcoin.com or something like that facilitates that type of exchange.

According to Coinbase CEO, Brian Armstrong:

“Coinbase’s role here is going to be in a very long-term game. We’re making a long-term investment… We know it’s not going to be a straight shot to bring this technology (in the region). We don’t know exactly how it’s going to evolve but we’re committed to working with bank partners, regulators, most importantly, the Indian people because they showed a real spark of interest in cryptocurrency and there’s a real desire to get access to some of these services and products.”

The news comes shortly after Armstrong announced a massive Coinbase hiring spree that will see the exchange’s workforce quadruple with a new 1,000 workers.

It has also been revealed that Coinbase Ventures has already deployed $150 million into Indian cryptocurrency start-ups.

“constantly identifying new opportunities to help Indian founders scale.”

The news comes amidst growing concern from the blockchain community about stringent tax obligations being imposed on crypto users and investors in the Asian country. New tax regulations are imposing a 30% income tax on crypto and other, perhaps more, frightening taxes could be on the way.

That said, Coinbase global chief of product, Surojit Chatterjee, is not deterred:

“We are very happy that the Indian government has been looking at digital assets very closely and they have clarified a few things that virtually digital assets are not tenders, they’re not competing with digital rupee.”

https://www.coinbureau.com/news/british-banking-giant-hsbc-offers-wealthiest-clients-new-metaverse-fund/

...Peter Thiel, founder of PayPal and Palantir, revealed his issues with Ethereum and even called the famous Warren Buffet, CEO of Berkshire Hathaway, a “sociopathic grandpa from Omaha”!!

Thiel also expressed his negative feelings towards JPMorgan top-dog, Jamie Dimon. According to Thiel:

“The central banks are bankrupt. We are at the end of the fiat money regime,”

Thiel believes that BTC and ETH are at complete opposite ends of the spectrum and that gas fees must decrease and that Ethereum should be completely ‘frictionless’ if it is to work.

Thiel further commented negatively on big tech companies like Meta that are “quasi controlled by the government in a way that Bitcoin never will be”.

If this wasn’t enough, he also called ESG firms that consider environmental factors when it comes to investment, a “hate factory” in their attitude to Bitcoin. He even went so far as to compare them to the Communist Party in China!

“When you’re thinking ESG, you should be thinking CCP”

One thing is for certain and that is that PayPal’s founder speaks his mind and isn’t afraid to make waves in the space!

...

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I hate how the news never follows up on their old articles....   

this may have never reached the market at all ... and most likely we'll never know.

Let's hope it wasn't just "fake news" made up for some sensational headline.

Michael Saylor: "The best way to understand Bitcoin is it's digital property for 8 billion people, and it's going to demonetize other forms of property in the same way that digital books sucked the information out of libraries... and the same way that digital music sucked the music out of CDs."

https://podclips.com/c/55yjGo

So it took about 2 years from this protesting for the official "we are a bankrupt state and central bank" statement. Interesting.

I guess I would expect to see a similar pattern in other countries soon.

The Lebanese government announces the bankruptcy of the state and the Central Bank

https://thenewsglory.com/the-lebanese-government-announces-the-bankruptcy-of-the-state-and-the-central-bank/

Lebanon has been robbed via "money printing".

Coming soon to your country.