In addition to: The headache of inflation in the Federal Reserve, gets chaos
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General Motors. Today’s news is smoother than bananas in oil. There are no butter operations on the market here – just facts, peeled and slightly roasted.
Bitcoin against teeth.
🍋 News decreases: New Pi Network, Microstrate of Brazil + More
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🍍 Market flavor today
The encryption market gives us nothing complete today – prices are a kind of Go embarrassing side.
It may have to do with what the Fed Jerome Powell chair said yesterday, which is that we You may get used to the high interest rates for a while.
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Why? Shock.
This is mainly when something suddenly spoils with the availability of goods (such as customs tariffs 👀) and leads to an increase in prices even if demand remains the same.
These things Kinda It makes inflation more unpredictableAnd the federal reserve is placed in a sticky position, where you must decide:
👉 Do we raise prices and risk slowing the economy more?
or
👉 Do we only live with high inflation for a period of time?
That is why Powell is not in a hurry to reduce prices.
It is a little from a Problems for encryptionBecause the market Bones Price discounts.
Money becomes cheaper = investors become more willing to put their money in more dangerous assets. The visual representation of how they viewed the work:
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Moreover, we also got two large pieces of data that shows how this economic law is running: Producers prices and retail sale.
The product price index (mainly paid by the goods) increased by 2.4 % during the past year – A slightly cooler than expected, a decrease than 2.7 % in March.
This is one sign that inflation may be softened – at least on the side of the width.
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But the miniaturization is a little, and good feelings fade:
Retail sales – nicknamed people’s spending – increased by only 0.1 % in April, compared to 1.7 % in March. Great slowdown.
This may be because people were buying panic before the customs duties started, and this reinforcement fades in the short term. But it also indicates that consumers are cautious.
Therefore, between companies facing the lowest cost stress and shoppers who are retreating, there is an increasing feeling of that The inflation may cool – but at the expense of the slowdown demand.
This puts more pressure on the federal reserve to see where they go after that without transferring everything.
No pressure, Jerome 👀
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🥝 The harvest is mechanical
I, some hit the gym, and others hit the orbit. This is what walking in the moon RN: 🌕✨
Data from 04:45 AM EST.
Check these memecoins and more here.
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If you spend a lot of time in encryption circles, it is easy to end in a bubble.
We see the headlines on the countries and countries that build strategic encryption reserves and institutions Going go – And to us, it seems to change everything
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But a step outside that bubble for one second … and most people are still ignorant.
Exhibition A: Financial times. One of the most respectable financial newspapers there.
They got documents called Ft movieWhere they cover topics such as financing, politics and technology – All kinds of dangerous things.
They recently dropped a Video on Michael Sailor The former co -founder of the strategy (Microstrategy Bitcoin), The man who does not sell, Man, legend, legend, if you will.
In that, Katie Martin, a market writer in the market in Financial timesExplores the Bitcoin strategy strategy (What we will not separate here – You can see it yourself))Then this line falls:
“Bitcoin Maxis like Jeff Walton and Michael Sailor believed in Bitcoin because of its scarcity. I still don’t get this. My teeth are rare and somewhat useful, but it is not equal to billions of dollars“
And yes … it was online a field day with this:
It is now clear that this was supposed to be a joke. But the fact that this comes from, I repeat, A column writer makes you really think.
Because it indicates that many people – even people who understand traditional financing – I still do not really understand Bitcoin (Or encryption in general).
Certainly, your teeth are rare. You only get 32 of them, hope. Unless you are a penny? But then this becomes more complicated, because how do you read this? Are sharks interested in global financing ?? 🤨
Uh, anyway. Yes, the teeth are rare. So is Bitcoin.
the difference? Bitcoin scarcity Measted, hypothesis, recognized globally. There is a difficult cover: 21 million.
At the same time, the dental limit is not imposed, and no one keeps anyone worldwide, and its value is not convertable or uniform. It is useful, not only in an economic system.
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In addition, the scarcity alone does not make anything valuable. There should be a request too.
Bitcoin has a request because people see it as a Storage of value, investment or hedge against inflation.
in contrast, No one gives the curse of your teeth except you. They do not have this type of global demand in the market.
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And Katie did not stop there. She also said, and I quote:
“Bitcoin is not for a low heart. There is no clear useIt is a speculative bet in nature. “
The first part? Fine, because bitcoin He is volatile.
But the claim that Bitcoin has “There is no clear use.”… that it.
How ’bout:
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Value storage: The most martyred use condition. Bitcoin is used to hedge against inflation and the currency process;
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Censorship: No government or company can freeze, reverse or prevent bitcoin transactions;
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Border paymentsBitcoin allows people to transfer value worldwide without banks, medium or high fees.
Therefore, no, this will not help you chew food like your rare teeth. Pitcoin’s use may not be in person with you personally.
But its useless description is wrong.
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So what are the ready -made meals here?
Even respected smart sounds still do not understand bitcoin. This shows the encryption still lives in a bubble.
Yes, that bubble that now includes institutions, the entire countries – And most importantly you are you 🥰 (See to us the interconnection now return to work). But it is still a bubble.
From the outside, much what seems clear to us – scarcity, interest and long -term value – can seem like nonsense if you are not adjusted.
Frankly? This is good. Because it means that If you are reading this, it is not too late.
You may not buy BTC for $ 1. But you are here Earlier from the Financial Times Market Pillar, the Phenyshal Times.
This is something.
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You are now aware. But think about your friends – maybe they have no idea. I wonder who can fix that … 😃🫵 Spread the word and be the hero you know! |
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🍋 The news decreases
PI launched a $ 100 million fund to support project building on its platform. They want to help apps and companies that use PI or bring more activity to the network.
🤫 The infiltrators bribe some of Coinbase support for the leakage of customer data, and then asked for $ 20 million to keep calm. Instead of paying, Coinbase offered a $ 20 million reward for anyone who can help identify and condemn the attackers.
Méliuz has become the first circulating company in Brazil to make Bitcoin a major part of its financial plan. Michael Silor virus is running internationally …
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