Bitcoin: Don't look at it, nothing to see, move along...

[Comrade Renski]

$30,047.60, +$1,746.40

If BTC ever hits $30K again, I will send tlhoy ten pounds of peanut M&M's.

[Comrade Renski]

$27,338 -$596

Runaway!

[BigMark]

I blame ransomware, local pd just paid 1.1.

[HappyLittleTrees]

$29,645, +$1,225

If BTC ever hits $30K again, I will send tlhoy ten pounds of peanut M&M's.

I didn't realize what ten pounds of M&M's felt like. It's like... ten pounds.

[HappyLittleTrees]

Just sold the last crypto I had left, some ADA. SEC just called it a security. This crypto thing was fun and I made some money, but I am 100% done with it now. Probably.

[Comrade Renski]

After dropping to $24,877 June 15, it has since rocketed up to $30,126, +$2,041.

Hurry, the bit-train is leaving the station!

[HappyLittleTrees]

No.

[Comrade Renski]

$30,867, +$752

Choo-choo!

Lol.

[HappyLittleTrees]

Maybe I will look at Bitcoin again when your pool is done.

[Comrade Renski]

Ваnk of America is wаrnіng its clients that АLL checking аccоunts are likely to be replaced with digital dоllаrs sооn.

And it's not just Ваnk of America.

More than 110 banks have already enrolled in a pilot program that I believe is the trojan horse for the digital dоllаr.

I'm talking about bаnks like JPMorgan Chase, the largest bаnk in America…

U.S. Ваnk, Wells Fargo, and Citigroup, just to mention a few.

[HappyLittleTrees]

Ваnk of America is wаrnіng its clients that АLL checking аccоunts are likely to be replaced with digital dоllаrs sооn.

And it's not just Ваnk of America.

More than 110 banks have already enrolled in a pilot program that I believe is the trojan horse for the digital dоllаr.

I'm talking about bаnks like JPMorgan Chase, the largest bаnk in America…

U.S. Ваnk, Wells Fargo, and Citigroup, just to mention a few.

How soon is "soon", Chicken Little?

And explain why it matters.

[Rollo Tomassi]

I'm waiting for a digital safe deposit box.

[Comrade Renski]

30,150.44, -1,586.29

The crypto-train is returning to station, lol.

[Comrade Renski]

Sam Bankman-Free...for now.
https://nypost.com/2023/07/27/feds-drop ... man-fried/

The now-dropped charge alleged that Bankman-Fried and his cohorts used tens of millions of dollars in FTX funds to illegally make over 300 donations to curry favor with candidates who could pass laws that would help his company.

Bankman-Fried is on home detention at his family’s house in California on $250 million bond as he awaits trial.

...still faces 12 other charges in the case, though five more of the counts are still in question because they were added after he was extradited.

[BigMark]

I hoped they shaved his head in there.

[Comrade Renski]

Meanwhile, $26,051.

[Comrade Renski]

$27,594, +$1,609

[Comrade Renski]

YUGE!

US House Committee Passes Bill To Block Federal Reserve From Issuing A CBDC
https://insidebitcoins.com/news/us-hous ... ing-a-cbdc
The bill has provisions preventing the Federal Reserve from issuing a CBDC to individuals. It also blocks it from indirectly issuing a CBDC through an intermediary. The Fed will also be barred from using a CBDC to implement monetary policy.



US Anti-CBDC Bill Passes Through House Financial Services Committee Along Party Lines
https://dailyhodl.com/2023/09/22/us-ant ... arty-lines
Emmer (R-MN), who introduced the bill, says the proposed legislation will prevent the American government from issuing a financial surveillance tool that can jeopardize privacy, individual sovereignty and free market competitiveness.

“The right to financial privacy is protected by the Constitution. We support the CBDC Anti-Surveillance State Act – legislation aimed at preventing a CBDC from being issued in the United States.”


"...along party lines"? Why would the democrats want a FedCoin-type of currency/surveillance to, ah, never mind, stupid question.

[Rollo Tomassi]

Well, there goes this year's Hacker convention.

[Comrade Renski]

BTFP Program is Over $100 Billion, What's Going On? Fed's losing control. Banks have borrowed $107 Billion of what was an emergency fund.



10 yr and 30 yr near 5% and a strong jobs market will push the Fed to resume raising rates cause more banks to tap into the BTFP emergency fund.