151 sats \ 0 replies \ @IgnaciobTato 1h \ on: Stacker Saloon
Good Day to All. Have a good weekend and remember:
Bitcoin ETFs have purchased 21,700 BTC ($1.5B) in the month to date.
This is 3X the supply of new bitcoin from miners!
If anyone want to add more information about Silent Payments is free to do... I'm still trying to understand what it means completely. Even the experiment is not complete by the author, but the path it's going seems fruitful.
It is not a matter of Hat or not (I get them and I lose them all the time). It is a matter of making new channels to find the perfect subject for the topic to post. All fees to post increased a lot as well. Would be nice to be back on old times low fees.
From January to April, inflation is slowing and decreasing constantly under fiscal and financial surplus and monetary contraction. Expecting 5% in May.
The interest rate fall from 110% to 40% in 4 months and continue decreasing.
In a couple of month there will be no more financial speculation and investment will go to capital and workfare.
Going to Italy for an exhibition next week. I'm looking forward to ask many of my collegues that I've talked about Bitcoin 1 year ago what they did!
Milei won the presidency (4 years), but every law must be approved by the congress. The problem is that the congress did not renew with him. Only in two years there will be an election for the congress only voting for deputies and senators. It is expected that by that moment Milei will have more power to make the libertarian changes needed. Today it is not the poeple that is blocking him to make changes but some leftist deputies and senators that want to keep their status at all cost.
Even without any law, he has some tools like cutting many ministries and budgets in many areas of the State. In the first 1Q we acchieved fiscal and financial Surpluss. Something that Argentina didn't achieved in more than 20 years. The inflation which was at the limit of colapsing, is now desacelerating due to the monetary contraction. Milton Friedman was right: Inflation is at all moment a Monetary effect.
I fault neither no oune for protecting ther ASSets (hehe) but we as a community are not together to protest or protect these projects. Nobody wants to talk, because if you talk, it means you have BTCs.
At these points, we have a few BTC ambassadors like Saylor, but he didn't make any comment about the last news:
- Close of Samourai
- Close of Phoenix
- Close of Lightning Ln.tips bot
I knew they will fight back, but at their first punch everyone is closing their project! If we can't guarantee a long term project, its all in and out, which doesn't bring trust to btc.