Bitcoin revving up, how society keeps you poor, state adoption, inflation, Fed trouble - Ep.125

Today’s Bitcoin news!

PRICE UPDATE:

Today’s Bitcoin price is back up in the $68k range and knocking on the door of $69k. Bitcoin is hanging tough at this elevated level and it’s only a matter of time before we push to a much higher all-time-high! Are you ready???

LEARN BITCOIN, PLEASE:

Allow me to present the most important meme in #BITCOIN . Study this meme. Unravel its secrets. Laugh at first, not realizing the cosmic horror that awaits you. Then tremble as you realize. Those who have hodled hard have seen its prophecy come true. Only the strong survive. POST: https://x.com/americanhodl8/status/1796197143923020147

REALIZE:

Buy $100 worth of #Bitcoin and everyone tells you how risky it is. Spend $100 at the bar and people will give you fist bumps and tell you how good of a friend you are. Society programs you to be poor. You gotta find your own way. POST: https://x.com/CarlBMenger/status/1796166737496297604

ADOPTION:

JUST IN: 🇺🇸 President Biden’s campaign team is reaching out to the #Bitcoin and crypto industry on policy formulation - The Block. Reports of a significant “shift” in tone from the Biden administration...with a new willingness to understand digital assets. First Wall Street. Now Trump and Biden. The political and financial establishments have woken up to Bitcoin. This was a pre-requisite to mainstream adoption...and now we are just about there.
POST: https://x.com/BTC_Archive/status/1796128207126642730
WHITE HOUSE ANNOUNCEMENT: https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/29/president-biden-announces-presidential-delegation-to-the-republic-of-el-salvador-to-attend-the-inauguration-of-his-excellency-nayib-bukele/

Remember, it took Gold ETFs 5 years to cross $50 Billion AUM. #Bitcoin did it in 57 days 🤯. POST: https://x.com/Vivek4real_/status/1796184419742441546

PRIVACY:

Improving Bitcoin Baselayer Privacy with Dandelion++. "Dandelion is a propagation protocol designed to obfuscate where a Bitcoin transaction originated," writes L0la L33tz. ARTICLE: https://www.nobsbitcoin.com/improving-baselayer-privacy-with-dandelion/

ENVIRONMENTAL:

💚 World Economic Forum admits #Bitcoin mining is helps protect endangered animals in Congo’s national forest. POST: https://x.com/BTC_Archive/status/1796198546477097268

FIAT/GOVERNMENT NONSENSE:

If people actually understood how the banking system works, they'd withdraw their deposits ASAP. But this would crash the system… The banking system is backed by ignorant confidence. POST: https://x.com/lopp/status/1796177775688118601

Hyper-inflation here we come!!! United States M2 Money Supply is now positive YoY for the first time since November 2022. POST: https://x.com/CarlBMenger/status/1795797889433678014

The Fed now admits some countries are moving to gold. But says it’s a small group. 🇨🇳 China: 1.4B. 🇮🇳 India: 1.4B. 🇷🇺 Russia: 144M. 🇹🇷 Turkey: 85M. Of course, that “small group” represents 3B people! So 37.5% of the world is moving away from dollars towards gold. POST: https://x.com/balajis/status/1796207832104411597

🚨NEW: @SECGov Commissioner @HesterPeirce has announced a proposal for a joint US/UK “digital securities sandbox” — a special safe harbor where companies in both jurisdictions can safely experiment using blockchain technology for trading securities without fear of regulatory admonishment. Her letter proposes inviting the US to play in the ‘sandbox’ which was first proposed by the @bankofengland and @TheFCA for UK companies. Peirce says a “cross-border sandbox” could be even more transformative than a solely domestic one. POST: https://x.com/EleanorTerrett/status/1796190525352968661

The Dollar is Breaking! POST: https://x.com/Swan/status/1796203603931042095

Written in 1957 and truer than ever today… POST: https://x.com/kestreljc/status/1774873861667852621

Swedish police laughably claiming "only criminals use" Signal. And every journo, human rights worker, dissident, military, CEO… Still shocked by how baldly law enforcement will lie in pursuit of eroding the human right to privacy. POST: https://x.com/mer__edith/status/1796111646080782431

UCLA officials blame diversity for ‘shocking decline’ in medical competence, says report. From Frontline News. University’s medical research ranking drops 300% since illegal ‘diversity’ push.
POST: https://primal.net/e/note1mexejtrluvturwujktnelqjeumm49zc8vx0du5ehztp7hm7gmlpqkp5efq
ARTICLE: https://frontline.news/post/ucla-officials-blame-diversity-for-shocking-decline-in-medical-competence-says-report

NEXT-LEVEL SEARCH:

Perplexity @perplexity_ai — We’re excited to roll out Perplexity Pages, a simple way to turn your research into visually appealing articles. With formatted images and sections, Pages lets you share in-depth knowledge on any topic. Available now for Pro users and rolling out to all users soon! POST: https://x.com/perplexity_ai/status/1796203494401040846

WOW:

Dolomites, Italy 🇮🇹. POST: https://primal.net/e/note1fww4vh75dhlfnx3c9v0rqdueydnknqwvxnj07qasugrdhrt9fhps6gw9c3

TRUTH:

“You don’t look out there for God, something in the sky. You look in you.” ~ Alan Watts. POST: https://primal.net/e/note1056gxtehf2ehc5ucj0slmu8ktll64qc57m00xdme4r85d3h8m2wqksqq2g

LOL:

Imagine telling your boss this was the reason you were late for work. POST: https://primal.net/e/note1etac7y8jqt5p4g2cecewrtv5928wxq85rzfa948xp42xrgcq7sgstg0zlq

The top 12 states to live in. POST: https://primal.net/e/note1mlmqazne4j75f78a7r7hfp49sng2nzn60l75zvcnzcjc0rz73njs0jdmr9

I got pulled over and told my dog to act normal. POST: https://primal.net/e/note1mkksu2yguh3nglhy64fyse0p5hgw26883229479ju4dd4arja82q3sy5qd

FIX THE MONEY, FIX THE WORLD:

🏁 @bitcoin.rocks #bitcoinrocks #btc #bitcoin #nostrfr #fr #france. POST: https://primal.net/e/note160aaaz5247cksvf2xrdr5ak52528npr9f42gwejcyg7ypr9uapjs7t6z69

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