The Times: "£260bn wiped from valuation of assets in pension schemes" Oops. Maybe it is time to seriously consider adding Bitcoin to their pension portfolios.

£260bn wiped from valuation of assets in pension schemes

Official estimates for the value of assets held in private-sector defined benefit schemes have been slashed after Pension Protection Fund updated m...

'‘Egotistical actions of the US have brought about a situation where the once global system is quickly getting fragmented, the trust in the US dollar is falling quickly.’ Russia’s Foreign Minister Sergei Lavrov

The rather desperate sounding and certainly sinister suggestion last week by the Federal Reserve Bank of Minneapolis that "A legal prohibition against Bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on Bitcoin” reminded of the following warning from lyn@primal.net in her book, Broken Money.

This is Peter Todd whom the makers of the HBO Max documentary "Money Electric"- which aired on Tuesday night - claimed was Satoshi Nakamoto. Yeah, I don't think so. The author of the Bitcoin white paper doesn't come across as a genocidal maniac - unlike Peter Todd.

"Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise the country's volatile economy, is in trouble." #Bitcoin fixes this.

Zimbabwe currency: Bank knocks 40% off value of gold-backed Zig

The central bank says the exchange rate allows for greater flexibility.

No shit, Sherlock. Maybe try accumulating some #,Bitcoin ? https://www.reuters.com/markets/europe/frances-debt-woes-unnerve-eu-partners-markets-2024-09-24/

They just can't help spending more money and stealing from us by debasing our savings. Got #Bitcoin ?

The Telegraph

Reeves prepares to rewrite debt rules to unlock up to £50bn in spending

Chancellor gives clearest signal yet over desire to relax rules ahead of maiden Budget

Fuck Israel. And fuck all the prostitute politicians on the take in the US for funding Israel.

"The invention of the wheel represented an entirely new technology that, once invented, could never be reinvented. Similarly, never in human history had the problem of digital scarcity and true peer-to-peer electronic cash been solved until Bitcoin was invented. Solving this problem was not merely an incremental improvement, but a leap forward or an unlocking of the puzzle of how digital scarcity could exist. " Bitcoin First Revisited, Report by Fidelity Digital Assets, September 2023 📄.pdf

Latest Michael Saylor interview just uploaded two hours ago. This time with Prof. Saifedean Ammous - the author of The Bitcoin Standard.