from TheSaltyCracker:
TRUTH LIVES on at https://sgtreport.tv/
by Helen Partz, Coin Telegraph:
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.
A Texas lawmaker believes the state’s proposed gold-backed digital currency could play a key role in boosting cryptocurrency adoption.
Cody Harris, a Republican Party member of the Texas State House of Representatives, addressed the development of a gold-backed token in Texas at the North American Blockchain Summit on Nov. 21.
In a fireside chat with Coinbase’s David Duong, Harris argued that a state-issued gold-backed token could serve as a gateway for Texans to explore digital assets like Bitcoin BTC$98,515.
from SGT Report:
The CEO of Van Eck Investments is predicting $350,000 Bitcoin this cycle. Donald J. Trump says he wants the US government to buy 1 million Bitcoins over the next 5 years. Michael Saylor’s MicroStrtegy has bought HALF A YEAR of the total global #Bitcoin supply in just the last 2 weeks. Game theory. is kicking it which will compel this preciously scarce asset to north of $1 million per Bitcoin in the coming years. Can you afford to sit on the sidelines one minute longer? Guy Gotslak, President of My Digital Money joins me to discuss the latest news and data, thanks for tuning in.
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BREAKING: Rumors are swirling that the Trump administration may eliminate capital gains taxes on U.S.-registered crypto assets, potentially allowing tax-free gains on #Bitcoin, #Ethereum, and more! No official confirmation yet—stay tuned!
#CryptoNews #BTC #ETH $XRP #XRP pic.twitter.com/5CiUSQ6i99
— Armando Pantoja (@_TallGuyTycoon) November 14, 2024
The UAE just eliminated taxes on cryptocurrency transactions. They are light years ahead of the rest of the world.
Imagine how much Bitcoin the billionaires in this country are buying ahead of the bull market. pic.twitter.com/f2NJq0gLLf
— The ₿itcoin Therapist (@TheBTCTherapist) October 6, 2024
by Gareth Jenkinson, Coin Telegraph:
It sounds far-fetched, but it’s true. A vault in a secret nuclear bunker in the Swiss Alps protects a significant amount of Bitcoin.
Cointelegraph visited the facility to see how multiparty computation (MPC) shards stored in bunkers are used to provide bleeding-edge security to one of the world’s first Bitcoin BTC $65,733.62 banks.
by Martin Armstrong, Armstrong Economics:
Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale CBDC with a retail one to follow. The Bank of Canada recently shelved plans to create a digital Loonie, but rest assured this is a mere pause as the world will move to digitalization.
by Turner Wright, Activist Post:
The United States Federal Bureau of Investigation (FBI) has reportedly responded to a Freedom of Information Act (FOIA) request from a journalist implying that Bitcoin creator Satoshi Nakamoto was a “third party individual” for whom it could neither confirm nor deny it had records.
According to an Aug. 13 X post by investigative journalist Dave Troy, the FBI issued a “Glomar response” to his request for information on Satoshi —- neither confirming nor denying the law enforcement agency had records identifying the pseudonymous Bitcoin creator.
by Ken Macon, Reclaim The Net:
President Donald Trump has been quite vocal about central bank digital currencies (CBDCs) lately, and today was no exception. In his speech at the Bitcoin 2024 conference in Nashville, he made his stance crystal clear. He said, “There will never be a CBDC while I am president.”
This statement echoes his previous comments on the matter, where he has consistently expressed strong opposition to the idea of a CBDC. He believes that such a currency would give the government too much control over people’s money and could potentially lead to financial tyranny.