Bitcoin Should Not Be Legal Tender in El Salvador: IMF
The Wealth Gap View: Bitcoin really isnât any business of the International Monetary Fund (IMF) as Bitcoin doesnât need anything from it. Bitcoin doesnât care!
In itâs own words here is what the IMF does:
The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Thatâs quite a remit. It could be said Bitcoin is working towards the same goals and as we know competition is good for the market.
Bitcoin Hits New All-Time High In Turkey As Fiat Currency Lira Goes Into Freefall
The Wealth Gap View: Fiat currencies (Lira, GBP, USD) all fail over time and Turkey is likely the next in line suffering heavily at the moment. Mind you inflation is rife around the world. If you live in Turkey you should definitely be following Saylorâs advice (we are anyway).
American Football Star, Odell Beckham, to take Salary in Bitcoin
The Wealth Gap View: Quite a few American Football players are making this transition. As they already fabulously wealthy they can afford the risk. Even so we are happy to see it. Strangely we are not saying correlation is causation but we are seeing a lot of professional athletes who donât have bitcoin suddenly collapsing on pitch with âsudden illnessâ đ¤ˇđźââď¸ maybe someone should look into thatâŚ
HILLARY CLINTON FEARS BITCOIN WILL UNDERMINE DOLLAR AS WORLD RESERVE CURRENCY
The Wealth Gap View: We agree. Time to give up on the US dollar and move to a more stable currency that is not at the mercy of politicians and central banks alike. Bitcoin could change the world for the better. Unfortunately for the Clintons, Satoshi is probably already dead so he wonât be hanging himself anytime soon đĽ´
Crypto Enthusiasts Raise $47,000,000 Worth of Ethereum in Effort To Buy Rare Copy of US Constitution
The Citadel CEO Ken Griffin (billionnaire boomer fiat wanker) won the auction for this wonderful relic in a last minute offer. The crypto club created a decentralised autonomous organisation with thousands of members to buy this and this dude swooped in and outbid them for it.
Tosser.
El Salvador is Building the Future
Until Next Time
The Wealth Gap