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Bitcoin’s $500M Speculative Attack on the Dollar
Simply Everything Bitcoin / Nov 15th 2021
► Publicly traded Marathon Digital is offering $500 million of senior convertible notes due in 2026 to buy additional Bitcoin and Bitcoin miners. This is a major speculative attack on the US dollar by borrowing a weak currency to purchase a strong currency they followed the exact footsteps of Michael Saylor's Microstrategy.
► Steve Hanke is so desperate he is using CNN articles claiming that ETH will overtake BTC. What is Steve Hanke so afraid, perhaps it's because he knows fiat is loosing the war.
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✔ Daily Fail Sources:
https://bitcoinorshit.com/
https://twitter.com/steve_hanke/status/1459269603909980162?s=21
https://www.cnn.com/2021/11/10/investing/ethereum-bitcoin-cryptocurrencies/index.html
https://www.moneyweb.co.za/in-depth/revix/bitcoin-starts-to-reassert-its-dominance-in-crypto-space/
✔ Epic Memes:
https://twitter.com/hodltarantula/status/1460292494885892098?s=28
https://twitter.com/publordhodl/status/1460287887879114757?s=28
https://twitter.com/firebrand_btc/status/1460141508825395202?s=28
https://twitter.com/btc_bourgeois/status/1459594190757810182?s=28
https://twitter.com/bitcoinliotta/status/1459992706327982081?s=28
https://twitter.com/btcdragonlord/status/1459751927198199810?s=28
✔ BTC News:
https://taproot.watch/
https://twitter.com/tomgiuretis/status/1459756741537591299?s=28
https://twitter.com/breaking911/status/1460068552426278912?s=28
https://twitter.com/apompliano/status/1460237483275390976?s=28
https://twitter.com/nikcantmine/status/1459758530777563137?s=28
https://m.washingtontimes.com/news/2021/nov/14/white-house-pitches-multi-trillion-dollar-budget-c
https://twitter.com/dylanleclair_/status/1460246196421865481?s=28
https://twitter.com/steve_hanke/status/1460279201873809410?s=21
https://www.globenewswire.com/news-release/2021/11/15/2334044/0/en/Marathon-Digital-Holdings-Inc-Announces-Proposed-Convertible-Senior-Notes-Offering.html
https://nakamotoinstitute.org/mempool/speculative-attack/
https://twitter.com/steve_hanke/status/1460279201873809410?s=21
https://twitter.com/bitcoinmagazine/status/1460305086639489033?s=28
► specter desktop v1.7.1:
✔ https://github.com/cryptoadvance/spec...
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✔ Citadel21: ► https://www.citadel21.com
► A Bitcoin cultural zine. Bitcoin culture is rich and varied. It contains a multitude of voices, opinions and flavors. Together they form what is seemingly chaos, but with an abundance of signal. Citadel21 aims to curate this chaos and put some of the best, coolest and weirdest pieces of raw signal on display. Get the latest copy of Citadel 21 while supplies last only 1000 of each volume are made.
► https://www.citadel21.com
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✔ CypherSafe:► https://cyphersafe.io
► When you’ve decided to be your own bank and hold your bitcoin yourself, it’s time to create a physical backup to protect those keys and your bitcoin. CypherSafe offers a full line of physical stainless steel products to help you protect your bitcoin from various modes of failure.
► https://cyphersafe.io
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✔ Special Thanks to these Awesome Bitcoiners:
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► https://t.me/nobullshitbitcoin
► https://twitter.com/DocumentingBTC
DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.
Timecodes:
0:00 - Intro
0:28 - BTC Stats
3:45 - Daily Fail
21:49 - Meme Review
27:27 - BTC News
42:56 - Speculative Attack on Dollar
53:33 - Software Release
#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap
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