:trump: Trump Media and Technology Group, which operates Truth Social, is nearing an all-stock deal to purchase Bakkt, a struggling crypto trading venue owned by Intercontinental Exchange.
:opinion: Opinion:
"I could see time as the ultimate asset—the primary asset—comparable in significance to #Bitcoin. Time is finite and has a fixed supply. Energy, on the other hand, has a truely uncapped supply similar to a currency. Drawing parallels between energy and currency, it becomes evident that while one can accumulate vast amounts of currency, it is impossible to increase their allotment of time. Despite amassing immense wealth, it remains irrelevant in this context because wealth cannot be converted into time.
The good news is that currency can be converted into #bitcoin."
🇷🇺 Russia eyes crypto mining freeze in energy-hungry regions:
Mining bans proposed in regions with power shortages, targeting winter months from Dec 2024 to Mar 2031. Priorities shift to essential energy needs as crypto takes a backseat. ⚡
Analysis:
What are bitcoiners saying about a U.S. Bitcoin Reserve Strategy?
Volatility raises questions about stability as a reserve.
Speculation about global competition over bitcoin reserves.
Corporate involvement could drive bitcoin prices higher.
Skepticism about perceived over-speculative financial reports.
Typically concerns arise over potential market manipulation.
Some say bitcoin's ethos clashes with government intervention.
Geopolitical responses to U.S. bitcoin adoption vary.
Economic risks linked to potential future government bitcoin sell-offs.
BIS guidelines allow central banks to hold volatile crypto.
Government interest reflects growing trust in Bitcoin.
Gold versus Bitcoin debate reignites while this is discussed.
Most HODLers see validation in potential government adoption.
The domino effect: nations follow the U.S. lead.
Concerns over centralized holdings emerge.
Skepticism toward sensationalist price predictions grows.
Market manipulation worries tied to large-scale adoption.
The market overall views potential U.S. adoption as bullish.
:saylor: "It’s been done before, it’s a very simple idea: figure out where the value is going to be, go buy it cheap and hold it. You’re a nation, this is what nations do. … Bitcoin is manifest destiny for the United States. I think the Trump administration understands it, I think Senator Lummis understands it … that’s why it will happen."
— Michael Saylor, MicroStrategy :microstrategy:
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