Bitcoin bullishness, adoption strong as ever, credit card debt out of control, CBDC’s BAD - Ep.34

Today’s Bitcoin news update!

PRICE:

We seem to be melting upwards. Currently we are hanging around $43.5k and it’s possible that the absorption of the selling related to the ETFs is dwindling, which means we may see a huge jump soon. Some folks believe that when we cross $50k we will never see prices under $50k again.

BULLISH SENTIMENT EVERYWHERE:

NEW: 🇹🇭 Thailand will exempt #Bitcoin and #cryptocurrency transactions from value added tax (VAT) in a bid to encourage the development of a digital asset hub in the country. ARTICLE: https://coingape.com/thailand-exempts-vat-crypto-trading-what-next/ POST: https://primal.net/e/note1hhg899xt828juakhht4jwz69xe9s9wfeh73mzpdsw49r2kwnj8sqh26vq5

In January, @MicroStrategy acquired an additional 850 BTC for $37.2 million and now holds 190,000 BTC. Please join us at 5pm ET as we discuss our Q4 2023 financial results and answer questions about our #bitcoin strategy and business outlook.. POST: https://twitter.com/saylor/status/1754976122607980726

“Everything under $1 million is going to be a rounding error in the future… If you get in at this point, you can be the next superpower of the world.” - @Excellion on the race for Nation States to adopt #Bitcoin. #BitcoinTalk on @titcoinpodcast. POST: https://twitter.com/WalkerAmerica/status/1755032299685527654

BREAKING: Fidelity now allocates 1% to spot #Bitcoin in their All-in-One Conservative ETF! They will ALL do it! 🚀 POST: https://twitter.com/BTC_Archive/status/1755267279296577878

FUNDAMENTALS:

Early #Bitcoin adopter, Davinci Jeremie, believes that Satoshi worked for the NSA and his security clearance gave him the knowledge to develop Bitcoin without leaving any back doors for the government. 🤯 POST: https://twitter.com/TheBTCTherapist/status/1755249971245301983

Many individuals like getting rekt. It is an adrenaline high to lose everything which explains Macau and Vegas. But in terms of managing an economy, attracting builders has been the only winning formula throughout history. POST: https://twitter.com/stacyherbert/status/1755246265422520332

FIAT CRASHING:

BREAKING‼️ Credit card and auto loan delinquencies spiked to their highest since the 2008 Great Recession - Reuters. POST: https://primal.net/e/note145frz6gxfjnlnmnzxyagz0eudxpnqytrmfekuk5t9ge656enns3qaag6ms

NEW: 🇺🇸 Credit card debt hits a ‘staggering’ $1.13 trillion - CNBC. Probably nothing... 🤨 POST: https://twitter.com/RadarHits/status/1754999089635196941

President Obama says #bitcoin 'is everyone walking around with a Swiss bank in their pocket’. POST: https://twitter.com/DocumentingBTC/status/1755227792604639698

Guy Swann video: The Debt "Doesn't Matter”. VIDEO: https://www.youtube.com/watch?v=eyHToXZsgzo

CBDC’s are BAAAAAAD!!!

Listen to this scary message! POST: https://primal.net/e/note13e3gr3n99x5wcxm6gz92dyrtsuk62a02y2v2t0cl0kust4systhq9fhasz

LOCAL BITCOIN ADOPTION:

Wow! @ZEUS Point of Sale integration with Square terminals and inventory management worked flawlessly! Can’t believe how easy it was to set up to take lightning payments in our retail shops! This will allow us to easily train staff on how to accept bitcoin. Incredible work! POST: https://primal.net/e/note1nm4nps35w6sh8dsd2j5r9t8j4p0tssvf0de0ulh42rle4myr8uqqdrcfuf

BITCOIN EVENTS:

Get the lowest price on your tickets to #Bitcoin 2024, Nashville, July 25-27! WEBSITE: https://b.tc/conference/2024

MULTISIG WALLET:

Nunchuk Updates: Byzantine Improvements, Cancel via RBF, Other Fixes. Nunchuk is a Bitcoin multisig wallet with built-in premium features such as inheritance planning, scheduled transactions, emergency lockdown, and more. POST: https://www.nobsbitcoin.com/nunchuk-desktop-v1-9-28-android-v1-9-40-ios-v1-9-37/

SOVERIGN COMPUTING:

ALBY NEWS — We are very happy with this integration - @start9labs has integrated NWC into their StartOS.😍 Their operating system is one of the best entries to #sovereign computing. You can easily run your own server with a bitcoin node, a nostr relay, a lightning node... and many more! POST: https://twitter.com/getAlby/status/1755279119498002444

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