To determine the change in purchasing power of the USD when measured against Bitcoin, calculate the ratio of the old price to the new price: Purchasing power remaining = (old price / new price) Γ— 100% = ($0.07 / $121,641) Γ— 100% β‰ˆ 0.00005754% This means the USD has retained only about 0.00005754% of its purchasing power in Bitcoin terms compared to 15 years ago. Therefore, the purchasing power lost = 100% - 0.00005754% β‰ˆ 99.99994246%
Jack on a mission
The executive order by President Trump on August 7, 2025, allowing Bitcoin and crypto in 401(k)s marks a significant shift, building on a 2022 trend where some retirement plans began offering crypto options, despite concerns from the U.S. GAO about high-risk investments lacking full regulatory oversight. This move aligns with growing institutional interest, as seen with Morgan Stanley's $458 million investment in Grayscale Bitcoin Trust by 2022, and could accelerate crypto adoption, though peer-reviewed studies like those from the Journal of Financial Economics (2023) highlight volatility risks that may impact long-term retirement savings. The decision challenges mainstream financial caution, as the Department of Labor’s limited data collection on small 401(k) plans (under 100 participants) may obscure potential risks, prompting calls for stricter fiduciary accountability in light of this policy change.
Pretty cool!
DEATH OF PRIVACY: EU'S DICTATORSHIP CAN COME WITH A SUIT AND KIND WORDS By October 2025, your phone could become a state surveillance device, scanning every message, photo, email, and video before you send it. Encrypted apps? Irrelevant. Chat Control scans your content before encryption, making privacy impossible, just like East Germany’s Stasi, but automated and global. An AI decides what’s β€œsuspicious,” compares your private data to secret government lists, and automatically reports you to authorities, even though 80% of those alerts are false. No judge, no warrant, no context, just a machine watching everything you do, 24/7. This isn’t fighting crime. It’s digital authoritarianism, at a scale that would make the KGB jealous. Source: TechCrunch, Chatiwi
Love it when posting an external link that tracking is removed from the URL :-)
Not great to embed X here - but thought this is important
Petition to restore Satoshi in Lugano
Damn - it seems the Satoshi statue has been stolen in Lugano? Can anyone confirm?