Tuesday, December 3, 2024

EP. 3377A – BITCOIN MINING MIGHT BE LAST DEFENSE AGAINST A CBDC, RATE CUT COMING

from X22report:

TRUTH LIVES on at https://sgtreport.tv/

THE BITCOIN STANDARD: WHAT IF IT HAPPENS & YOU DON’T OWN ANY — Guy Gotslak

from SGT Report:

The news from the world of Bitcoin and crypto has been absolutely huge over the past two weeks. Even President Donald J. Trump has jumped on the Bitcoin bandwagon as he vows to never allow a central bank digital currency to be issued in the United States. The President of My Digital Money Guy Gotslak is back to discuss the latest.

My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
https://www.mydigitalmoney.com/

BlackRock adds own Bitcoin ETF to income and bond funds

by Braydon Lindrea, Coin Telegraph:

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin exchange-traded fund (ETF) in the first quarter, regulatory filings show.

BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange Commission filings.

The IBIT shares are a fraction of BSIIX and MAWIX’s investment portfolios, respectively worth $37.4 billion and 776.4 million.

Yep – “Cryptocurrency literally means hidden money and if it ever becomes a currency it means we will never be able to enforce our tax laws.”

18M Americans used or owned crypto last year: Fed survey estimates

by Jesse Coghlan, Coin Telegraph:

Just 1% of United States adults reported using crypto for payment or to send money in 2023.

The number of United States adults reporting crypto ownership or usage dropped to around 18 million last year, according to the latest annual household survey from the Federal Reserve.

In the 12 months to October last year, 7% of surveyed U.S. adults reported using crypto — down from 10% in 2022 and 12% in 2021, according to the Fed’s Survey of Household Economics and Decisionmaking (SHED) published May 21.

What Will CBDCs Mean for Gold?

by Peter Schiff, Schiff Gold:

With the eventual introduction of central bank digital currency (CBDCs) now seemingly inevitable, there are a lot of directions central banks could take with their digital currency projects that would have dramatic implications for the price of gold.

Touted for their “convenience” and “efficiency,” the endgame of digital currencies is not only achieving greater power over the currency but also a means of surveilling and micromanaging the personal finances of each individual. Owe taxes or a parking ticket? It could be automatically deducted. Does the Fed think it needs to cool inflation? Deduct money straight from people’s accounts, or impose a daily spending limit. The possibilities for control and profit are endless, and too tempting for control freak bureaucracies and amoral tech companies to ignore.

Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near

by Brandon Smith, Alt Market:

World reserve status allows for amazing latitude in terms of monetary policy. The Federal Reserve understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The dollar’s petro-status also makes it essential for trading oil globally. This means that the central bank of the US has been able to create fiat currency from thin air to a far higher degree than any other central bank on the planet while avoiding the immediate effects of hyperinflation.

THE BITCOIN BLACK HOLE

from SGT Report:

Bitcoin may well prove to be the only black hole perfectly suited to mop up the tens of trillions of fiat currency sloshing around the world. And not just fiat Dollars. Yen, Rupees, Lira, Yuan and every other rapidly debasing currency around the world is ready to flee into Bitcoin. Peter Schiff has been wrong about Bitcoin for 14 years, but he continues to be unrelenting in his hatred for the asset. I discuss the supply demand metrics and why I think Schiff will continue to be wrong with the President of My Digital Money Guy Goslak. https://www.mydigitalmoney.com/

My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
https://www.mydigitalmoney.com/
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Protect Your Retirement W/ a Gold and/or Silver IRA:
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or CALL( 877) 646-5347 – Noble Gold is Who I Trust

How high will GOLD and BITCOIN go?

from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/

COLLAPSE & NEW MONETARY ORDER INCOMING — ANDY SCHECTMAN

from SGT Report:

President of Miles Franklin and friend of SGT Report returns to discuss the collapse of fiat currencies around the globe, and the rise of silver, gold and Bitcoin.

Get the FREE video report from Dr. Gundry here:
https://gutcleanseprotocol.com/SGT
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———
Protect Your Retirement W/ a Gold and/or Silver IRA:
https://www.sgtreportgold.com/
or CALL( 877) 646-5347 – Noble Gold is Who I Trust

Get some PHYSICAL gold & silver while you still can! I trust & use these premiere sources:

https://noblegoldinvestments.com/

https://sdbullion.com/

https://milesfranklin.com/

Bob Kudla – [CB]/[WEF] Has Failed, Market Crash Headed Our Way, Bitcoin Surge Coming

from X22 Report:

TRUTH LIVES on at https://sgtreport.tv/

If you don’t think the Fed is pursuing a CBDC, think again.

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