"Optimism is a happiness magnet. If you stay positive good things and good people will be drawn to you."
-Mary Lou Retton
Big News Of The Day: What Will Bitcoin (BTC) Look Like in 2100? Gavin Andresen Releases Sensational Essay
Podcast Of The Day: The Scoop - Okcoin is launching SATs mode as part of wider retail push
Video Of The Day: Aimstone: Bitcoin Bull Run Cash Out Plan! Turing $10,000 into Millions!!
Blog Of The Day: Think PoS Is the Future? Look at USD That Is a Failed Implementation of PoS, Then You’ll Buy Bitcoin
My Hot Take
Will we ultimately see Bitcoin Blockchain disappear as we know it today? I am not sure but I don't believe I will still be here in the year 2100; I dunno. What I do know is that Coinbase is quickly becoming the new JP Morgan bank. Just like Cash App you can now have your paycheck directly deposited into your Coinbase account - nice right? However, 65% of working Americans are willing to be paid directly in Bitcoin, Ethereum, and Dogecoin.
In other news - Morgan Stanley increases their Bitcoin exposure by buying over 58,000 GBTC shares. Raoul Pal still believes we will see "ridiculous" price acceleration in the near future. Maybe that is why Senate Candidate Blake Masters is encouraging folks to buy Bitcoin. Don't look now but Facebook launches a $50MM fund for Metaverse Research and Emurgo launched a $100MM investment fund to power DeFi and NFT projects building on Cardano. Lastly, China-based Ethereum mining pool Sparkpool shuts down all services and Alibaba says it will block sales of Cryptocurrency mining equipment starting next month; guess this whole China banning Crypto is happening - it will be over soon.
With the good comes the bad as Ethereum researcher Virgil Griffith pleads guilty to sanctions violations.
Continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!
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