Can bitcoin be stopped?
Ask chatgpt... "...while Bitcoin’s use and accessibility can be curtailed through regulatory and technical measures, stopping it entirely would require a coordinated, global effort against its decentralized network—a task that seems nearly impossible given its current scale and adoption".
BREAKING 🚨: Brazil Brazilian Real has collapsed to an all-time low against the U.S. Dollar
Source: Barchart
🚨Michael Saylor⚡️
60 public companies can issue equity to buy Bitcoin.
The Russian Ruble has fallen 71% against the US Dollar over the last decade
Source: Visual Capitalist
BREAKING: The Federal Reserve just reported a $19.9 BILLION operating loss in Q3 2024 up from $16.9 billion in Q2.
This marks the 8th consecutive quarter of operating losses for the central bank. As a result, cumulative operating losses reached a massive $210 billion over the last 2 years. This comes as the Fed has been paying hundreds of billions in interest to banks and money market funds. At the same time, income the Fed has earned on Treasuries and Mortgage-Backed-Securities has declined. Source: The Kobeissi Letter
Here’s what different 🇺🇸 generations think financial success looks like
Source: Visual Capitalist
$1.1 trillion into US stocks so far in the roaring 20s.
Source: BofA via @ackmeni via Mike Zaccardi, CFA, CMT, MBA
Office CMBS Delinquency Rate Spikes to 10.4%, Just Below Worst of Financial Crisis Meltdown. Fastest 2-Year Spike Ever.
Office-to-residential conversions are growing, but are minuscule because not many towers are suitable for conversion. Source: www,wolfstreet.com, Wolf Richter
