October 5, 2021 – Bitcoin set to become legal payment in Brazil
“Brazil’s Federal Deputy Aureo Ribeiro has revealed that Brazilians could soon be able to buy houses, cars and even McDonald’s with Bitcoin. The South American nation is preparing to vote on a cryptocurrency regulation bill which is expected to be presented to the Plenary of the Chamber of Deputies within the next few days.”
September 28, 2021 – Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions
“Both social media giant Twitter and independent online publisher Substack have officially integrated Bitcoin tipping and payment services through third-party partnerships with Strike and OpenNode, respectively.”
September 28, 2021 – Remarks by Secretary of the Treasury Janet L. Yellen to the National Association for Business Economics
You’ve taken a risk by investing your (already taxed) money. Now they want to tax gains you haven’t even realized. “Capital income received by investors faces tax rates far lower than the burdens that fall on labor income…”
September 19, 2021 – ECB President Issued A ‘Suspicious’ Warning Over Bitcoin, Ethereum, Cardano, BNB, XRP, Solana, And Dogecoin After Huge Price Explosion
What’s most interesting, to me, is that this ECB President (Lagarde) was CONVICTED in 2016 of “criminal charges over massive government payout”, but faced ZERO penalties. Read about it here.
September 15, 2021 – China Evergrande’s liquidity crisis deepens, report flags interest payment miss
“China’s major banks have been notified by the housing authority that Evergrande Group (3333.HK) won’t be able to pay loan interest due Sept. 20, Bloomberg reported, underlining the broadening impact of the property developer’s liquidity crisis.“
September 14, 2021 – Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting
“Bitcoin futures-based products are not a necessary interim step before a Bitcoin ETP,” Fidelity said in the presentation. “Firms should be able to meet investor demand for direct exposure to Bitcoin” through ETFs registered under those 1930s laws, “because the Bitcoin market has matured and can support them.”
September 13, 2021 – Ukraine’s Blueprint To Bitcoin Adoption
“Ukraine’s strategic path to Bitcoin adoption would likely include nuclear-powered mining, and holding Bitcoin as a state reserve asset.”
September 12, 2021 – Visa CEO says he is smart enough to invest in Bitcoin
“Kelly divides the cryptocurrencies into two buckets. Seeing Bitcoin as the digital successor to gold, he mentioned that Visa was working to enable their purchases and enable the seamless conversion of this cryptoactive into fiat currency.”
September 9, 2021 – El Salvador’s new bitcoin wallets could cost Western Union and similar companies $400 million a year
SHOULD be titled “El Salvador’s new bitcoin wallets could SAVE citizens $400 million per year in exhorbitant fees”. From the article, one man: “faces steep fees – 12.5% for a $100 transfer” and the money “takes 3 days to arrive in El Salvador“. Read my thoughts on this one.
September 8, 2021 – Yellen: US on track to default on national debt in October
“The White House and Democratic leaders are planning to tie a debt limit increase to another must-pass government funding bill, daring Republicans to trigger both a government shutdown and a default by opposing the measure.”
August 31, 2021 – “Bitcoin Is About To Make Fiat Institutions Like The IMF Obsolete,” Says Market Analysts
“Despite some skepticism as to the mandated nature of the Bitcoin law, El Salvadorans will have a choice whether to accept and use the currency, or the $30 worth of Bitcoin that is being handed to them commission free.”
August 31, 2021 – El Salvador’s Democratic Assembly Approves $150 Million Bitcoin Trust
“Despite some skepticism as to the mandated nature of the Bitcoin law, El Salvadorans will have a choice whether to accept and use the currency, or the $30 worth of Bitcoin that is being handed to them commission free.”
Breakfast for Bitcoiners 