Bitcoin update

[AlwaysAway2]

Morgan Stanley just made a massive investment in Bitcoin through Greyscale. SEC filing.
They are acting on their clients investment demands.

This while the UK have decided cryptocurrencies are NOT currencies but assets.
They have sneakily started calling them cryptoassets so they can charge capital gains tax on profits.
HMRC recently quietly published new rules.

So the new Chinese digital Yuan is in fact not a currency but a cryptoasset.

How the hell are they going to regulate thousands of cryptocurrencies and tokens?

If they make it difficult to invest via their banks they will over time only make them more in demand.

Disclosure. I have no investment in Bitcoin.

[surge]

I didn't think it was possible, not in my lifetime anyway.

+49.6°C in Canada Flag of Canada That is 121°F!

This is the story of the Canadian heat record that was crushed on 3 consecutive days by an unfathomable margin of +4.6°C (+8°F).

This moment will be talked about for centuries.

https://twitter.com/ScottDuncanWX/st...97020912742404

Once again: heat records are usually broken by tenths of a degree - not 4.6°C.
We're in a climate emergency that has never once been treated as an emergency.

https://twitter.com/GretaThunberg/st...40601451008000

That's bitcoin for you.

[OurManFlint II]

That's bitcoin for you.

Again this is fing boring, its arbitrary and means nothing. 2/3 of ALL electricity is wasted!

[AlwaysAway2]

Again this is fing boring, its arbitrary and means nothing. 2/3 of ALL electricity is wasted!

So true.
In fact much more electricity is going to waste now in China where small hydro plants are being sold off cheap.

Regarding the Regulators..... (wherever they are).... what they really should be worried about is the stablecoins. So under the radar that almost nobody understands what they are. 🤣🤣🤣