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OT: 11 Bitcoin ETFs Approved by SEC.

Only problem it’ll never get through senate and even if it did brandon vetoes it

Very true. My hope is that they won't have enough time to implement. FEDNOW is still on the testnet and probably has another year or so before it might go live. Although, if they somehow manage to get the Deep State Cadaver another term, all bets are off. We'll be in a world of pain. They will need to shake the banking system to the core in order to get most people to buy into CBDCs.
 
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Very true. My hope is that they won't have enough time to implement. FEDNOW is still on the testnet and probably has another year or so before it might go live. Although, if they somehow manage to get the Deep State Cadaver another term, all bets are off. We'll be in a world of pain. They will need to shake the banking system to the core in order to get most people to buy into CBDCs.
IF they give us a choice
 
Is that directly from Newsom's Comptroller? It doesn't matter how they allocate the money they collect. The point is that they are taxing their residents at obscene levels in comparison to the rest of the country.

Don't sell people on the virtues of an EV and all of the cost savings, only to backend them with a tax when a large % of the population buys into the lie. This is a big part of the issue with progressive thinking. They can't connect the dots on the backend and realize they've been had. And they certainly are incapable of critical thinking on the frontend.

You don't believe that the State of California knew they were going to take a hit in gas tax revenue before they started pushing EVs down everyone's throat? Of course they did. But you are here to obliviously give them a pass for their latest bait-and-switch.
What something "costs" includes all forms of "cost", ergo, total cost.
 
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It's the best performing asset of all assets since inception.

Check the value of the dollar over time.

Check the fact we're paying almost $1 Trillion a month in debt service because of currency manipulation and overspending by corrupt politicians.

Check the fines banks rake in every year and the penalties they receive from illegal activity directed at consumers.

The message you're getting on mainstream media about Bitcoin is as accurate as their political takes.

Why? Because they want to protect the corrupt legacy banking system which pays their salaries.

Do you believe Blackrock and all the other big players jumped in on a farce?

And they were late and had to pay a big premium...something they typically would never do.

We got the internet 30 years ago. Now we have the currency of the internet.
Bitcoin is an absolute trap. The corporatacracy that controls the federal reserve as well as all the banks are luring people to invest and profit for now because it will all dissapear at the stroke of a key in order to herd people into central bank digital currency which will be tied to a social and carbon credit system that will economically imprison those who participate. This has been a plan for a very long time. If you don't hold it, you don't own it.
 
Bitcoin is an absolute trap. The corporatacracy that controls the federal reserve as well as all the banks are luring people to invest and profit for now because it will all dissapear at the stroke of a key in order to herd people into central bank digital currency which will be tied to a social and carbon credit system that will economically imprison those who participate. This has been a plan for a very long time. If you don't hold it, you don't own it.

How would that happen with the mining and node network? An asteroid would have to hit earth to kill Bitcoin. They could potentially suppress price to a degree with their OTC BTC paper but that's about it.
 
Rate cuts are likely around the corner. The only question now is timing. Most believe it would be Sept. With banks on the brink, they might have to go faster. As soon this happens, risk assets are going to fly hard.

Will major bank failures be the false flag of this election cycle?

 
I would LOVE for that to be the case. I WANT that to be the case. Why? Because Powell and the FED would lower the interest rate. The particular stocks I am in are VERY sensitive to interest rates and would go to the moon if rates were cut. To Powell I say:" the proof is in the pudding (interest rate cut). Cut the rate, Jerome. Jerome, you got inflation slowing, dammit. What are you waiting on?"
 
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Not many are talking about it in the media, but Saudi Arabia not renewing the 50 year old petro-dollar agreement is a big deal. A very big deal. Joetato stands by and does nothing. Probably wanted it to happen.
 
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Not many are talking about it in the media, but Saudi Arabia not renewing the 50 year old petro-dollar agreement is a big deal. A very big deal. Joetato stands by and does nothing. Probably wanted it to happen.

Yep. Blackrock is likely running fiscal policy for this administration. They tried to do the same under Trump.

Blackrock and Fink have been open about a shift in emphasis to Middle East and Asian markets.

Blackrock, State Street and Vanguard need to be broken up and removed from policy decision making.

The main issue is that they've got an endless supply of wealth and bribe/bully anyone who stands in their way.
 
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