Millionaires are starting to realize that the fastest horse in the race will be Bitcoin with the approval of Bitcoin ETF in Jan 2024 it’s just going to get faster. Buying a home requires credit, cash, time, and a large income with steady work to get a loan. but on the other hand, buying Bitcoin only requires DCA dollar cost average as little as $1 Where can the little guy invest their money before Wall Street?
Secretary Yellen a top government official praises Satoshi Nakamoto
Secretary Yellen a top government official praises
Satoshi Nakamoto for resolving the double spend issue with the creation of the cryptograph in the blockchain utilizing bitcoin as the payment.
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El Salvador becomes the first country to make bitcoin legal tender
Bitcoin finds a home and becomes legal tender for the first time in history and at the sametime if Lageo, El Salvador’s state-owned electricity company utilizes unused geothermal energy to mine bitcoin. El Salvador could be one of the world’s wealthiest countries in the world if bitcoin prices reach the million’s as they predict.
El Salvador is the murder capital of the world and president Nayib Bukele, only 37-year-old was elected to help get rid of this corruption and bring jobs and financial investment to the county, and then you will understand his decision to make bitcoin a legal tender and the IMF does not care about any countries problems only the control fiat capital around the world. People need to understand that the IMF does not produce anything they only take take and take. President Nayib Bukele a man with integrity doing what’s best for his people the reason he was elected for and not fill his pocketbook.
Could El Salvador be the financial capital of the world if bitcoin prices reach the millions this is the only country that has adopted Bitcoin as a legal currency and the only non-hostile country and tax-friendly for minors. Its also possible the loan from the IMF may be declined but will the cryptocurrency community step up to help as El Salvador help bring Bitcoin to the mainstream.
Inflation versus Deflation why Bitcoin is changing economics forever
Tom Lee & Rick Falkvinge predicts bitcoins price should reach in the millions of dollars per coin.
How to value bitcoin using Metcalfe’s law … Read Full Article
Powering Bitcoin and supporting the global transition to renewable energy
Powering Bitcoin In a 2020 report by the University of Cambridge, researchers found that 76% of crypto miners rely on some degree of renewable energy to power their operations
Mike Colyer, CEO of Foundry, a blockchain financing provider, believes that crypto mining can support the global transition to renewable energy.
#bitcoin #renewableenergy #naturalresources #alternativeenergy #grounding #energy #naturalresources #energy #alternativeenergy #grounding #renewables #renewables #solar #cleanenergy #solarenergy #climatechange #solar #cleanenergy #solarenergy #climatechange #power #hydrogen #cnbc #foxnews #foxbusiness #energytransition #solarpower #solarpv #power #hydrogen #solarpower #wind #solarpv #university #energystorage #university #infoonbitcoin #infoonb
Citibank Executive Says Bitcoin Could Pass $300K by December 2021
“Bitcoin to reach over 300K by the end of 2021” -A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
New Senator, Cynthia Lummis wants to make Bitcoin part of the National Conversation
Newly elected U.S. Senator Cynthia Lummis talks about Bitcoin being a store of value and also the first US-Senator to “HODL” bitcoin and wants to bring Bitcoin to the national conversation. Now, this could be a good and a bad thing. The obvious thing is that everyone is going to know bitcoin the bad news is that if the US government feel its a threat to the US dollar they could try to create laws or tax bitcoin holder to oblivion.
Fidelity predicts Bitcoin price to reach $1 million by 2024
Fidelity Digital Assets validates a model that predicts Bitcoin price at $1 million by 2024 because of the stock-to-flow ratio. Fidelity President has also Files For New Bitcoin Fund
The trillion-dollar asset manager Fidelity is scrutinizing a popular and controversial Bitcoin price model.
A recent report from Fidelity Digital Assets analyzes the stock-to-flow ratio, which divides the amount of a commodity in circulation by the amount mined per year.
Using the correlation between an asset’s price and its S2F ratio, the pseudonymous crypto analyst PlanB has predicted that Bitcoin’s value will soar to $1 million by 2029.
Although there is a fierce debate on whether the stock-to-flow ratio is an accurate way to forecast Bitcoin’s trajectory, Fidelity says the model is a credible tool for analyzing scarce assets. The firm says historically, the metric is a sound way to judge whether a given commodity will become a successful store of value.
see full story below
https://dailyhodl.com/2020/08/25/asset-giant-fidelity-analyzes-model-that-forecasts-bitcoin-rise-to-1000000/
This shows how small the Bitcoin market cap is compared to real-world companies.
The Truth will set you free. Bitcoin and Black America
What the media is hiding from the people of the world and as the gentleman said the only way to exit the economy and allow the Fiat collapse under its own weight.
And on July 4th, 2020 every person in the world needs to buy any amount of bitcoin to show the world the power of Bitcoin to show our independence and vote with our pocketbook to leave Fiat forever.
Link to support this site https://platinum.crypto.com/r/sbu2p93dj4 to sign up for Crypto.com and we both get $50 USD 🙂 referral code sbu2p93dj4
Bitcoin is a bottom-up approach to bringing black Americans to the top 1% of society’s independence from under the thumb of the Government and the control through social programs to get our vote. We need to stop fighting about black and white, Republican or Democratic, and all work together and exit the economy through Bitcoin.
This is a great book review of Bitcoin and Black America and hearing from the readers and there insight and thoughts on the future of Black Americans.
As America burns and people are losing their jobs and soon to we will have a foreclosure Tsunami approaching wall street is enjoying a rebound in the market from the freshly printed cash thanks to there friends at the federal reserve
Sign up for Crypto.com and receive $50 USD
The MCO Visa Card has added additional rewards that are designed to fit the needs of consumers who are always on the move. Building on the existing travel rewards of the MCO Visa Card, which include free and unlimited LoungeKey™ Airport Lounge Access, interbank exchange rates, and no overseas fees, select cards will have:
- Your Travel – In Style: 10% purchase rebate on each Expedia or Airbnb booking
- Your Music: Spotify. Get 100% rebate for your standard subscription plan
- Your Movies: Netflix. Get 100% rebate for your standard subscription plan
- Best Spending Rewards. Ever. Up to 5% back on ALL spending, local or overseas, no minimum or maximum spending required. Even the Midnight Blue Card now earns 1% back – a long standing request from our community.
Purchase Rebates – Details
Rebates of the purchases will be alloted to cardholders with MCO Tokens locked at their respective card tiers. An ongoing MCO Token lockup is required to continue receiving purchase rebates.
The MCO equivalent to the transaction amount will be deposited to the cardholder’s MCO Wallet, which will be reflected instantly with each eligible transaction.
The limit for the purchase rebates are as follow:
- Expedia: Up to 10% of each purchase with a US$50 limit per month
- Airbnb: Up to 10% of each purchase with a US$100 limit per month
- Spotify: Up to US$12.99 per month
- Netflix: Up to US$12.99 per month
- Amazon Prime: Up to US$12.99 per month rebate of membership fee
Purchase rebates will be reimbursed to the USD equivalent. The rebate cap is reset on the first day of each month.
Increased % back on ALL Card Spending – Details
With an ongoing MCO Token lockup, cardholders will receive the extra % back per card tier as follows:
Obsidian Black – 2% → 5%
Icy White/Rose Gold – 1.75% → 4%
Royal Indigo/Jade Green – 1.5% → 3%
Ruby Steel – 1% → 2%
For Midnight Blue, cardholders will receive 1%, MCO Token lockup is not required.
In the event cardholders choose to unlock, they will still enjoy the existing cashback of up to 2%.
Founding Members – Purchase Rebates and % back Details
Founding Members, who will receive a numbered limited edition Obsidian Black card, will have the flexibility to select their desired MCO Token lockup level to enjoy the new rewards based on the card tier (refer to the chart above).
For % back, in the event a founding member locks up:
- 50,000 MCO Tokens – he/she will receive 5% back
- 5,000 MCO Tokens – he/she will receive 4% back
- 500 MCO Tokens – he/she will receive 3% back
- 50 MCO Tokens – he/she will receive 2% back
- 0 MCO Tokens – he/she will receive 2% back
Founding Members will still receive the basic card % back of 2% for Obsidian Black cardholders in the event that they choose not to lockup.
On top of the 2% back, your card benefits (e.g. LoungeKey™ Access + 1 Guest, fee-free ATM withdrawal limits and Interbank Exchange Rates) will not change.
Icy White, Rose Gold and Obsidian Black cardholders- enjoy additional benefits
A series of upgraded MCO rewards and benefits, together with Crypto.com Private, tailored for our Obsidian Black, Rose Gold and Icy White cardholders***
This builds on our existing benefits for these cardholders which include up 5% back on all spending, unlimited LoungeKey™ Airport Lounge Access with a guest, Airbnb and Expedia rebates among other benefits. Revisit them here.
The upgraded rewards for Icy White, Rose Gold (5,000 MCO) and Obsidian Black (50,000 MCO):
Crypto Earn
Additional 2% p.a. interest on fixed-term deposits (paid in MCO) . Not applicable for MCO or CRO deposits.
How do I get the extra 2% bonus interest on Crypto Earn?
.1. You’re actively staking 5,000 MCO or more
2. Applicable for any non-CRO/MCO fixed term deposits made after March 1, 2020
Please refer to Crypto Earn for more information, includes steps to complete deposits.
Amazon Prime
Be rewarded with up to US$12.99/month rebate on Amazon Prime membership fee
Is it live already?
Yes, please allow up to 36 hours for the reimbursement to be reflected in the App.
How does it work?
Just use your MCO card to pay for the Amazon Prime membership, and get reimbursed in MCO afterwards.
Please note that the reimbursement has a cap of 12.99 USD per month, so please choose the monthly payment option instead of the annual one.
Welcome Pack
Receive exclusive Crypto.com branded merchandise
We are currently completing the sourcing of this. We will be in contact when ready to gather the users sizes. The process has been slowed by the impact of the virus on many production locations.
Private Jet Service*
Special perks when traveling with our preferred private jet partner
How does it work?
*This is exclusive for our Obsidian Black cardholders actively staking 50,000 MCO
With the Private Jet Service, you could unlock exclusive luxury privileges on your first flight with one of the largest private jet network in the world (inc. Dom Perignon service).
Eligible Obsidian Black cardholders, please contact our support team to submit your booking request.
Crypto.com Private
Please refer here on the package of crypto-related services
***In order to enjoy the Crypto.com Private membership, users are required to maintain the following MCO staking levels:
Obsidian Black: 50,000 MCO
Icy White / Frosted Rose Gold: 5,000 MCO
Relevant questions:
- How do I sign up for these benefits?
Sign up for an MCO Visa Card by downloading the Crypto.com App. Existing cardholders may be able to upgrade to a new card tier if desired.
- Do I need to change my current Spotify/Netflix plan in order to enjoy these benefits?
Visit the respective sites and pay for your subscription with your MCO Visa Card*. For existing users of Spotify/Netflix, go to the subscription and payment page to change your payment method to the MCO Visa Card.
Note: Enabling International Usage may be required
- How do I get my rebates for payments toward Spotify, Netflix, Airbnb, Expedia and Amazon Prime? And will I get it immediately after my purchase?
Make your payment as usual using your MCO Visa Card. Crypto.com will deposit the MCO equivalent of the rebate to your MCO Wallet.
- As the MCO equivalent to the transaction amount will be deposited to the user’s MCO Wallet, can it be immediately converted?
The user may immediately convert the MCO Tokens into other cryptocurrencies or fiat currencies.
- Must a user make recurring subscription payments using the MCO Visa Card?
Yes, You should make the payment or change the current payment method to the MCO Visa card for the subscription in order to enjoy the rebates.
- Will a user need to have a certain amount of balance in the Card Wallet for subscription purchases? (i.e. Must have US$20 equivalent in balance at the time of purchase)
You need to have the sufficient amount in your balance for payment.
*This offer is launched by Crypto.com independently and there is no partnership between Crypto.com and the merchants in this offer. Crypto.com has the sole discretion to modify this offer at any time.
For US Customers: BY USING THIS CARD YOU AGREE TO THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
We will both be receiving $50 when signing up
Raoul Pal says “Boomers are in for a rude awaking and Bitcoin going to $1 million by 2025
Raoul Pal says “Boomers are in for a rude awaking The Baby Boomers are totally f*cked I have been publicly warning and warning about this.”
CEO Raoul Pal is noting that the COVID-19 coronavirus pandemic is revealing substantial system weakness in global markets. Summarizing the dramatic market losses seen in the stock market during March, Pal notes the Baby Boomer generation will be hit the hardest.
“The damage this does to the US pension system is incomprehensible. The Baby Boomers will sell every rally they can to protect their last, rapidly diminishing nest egg.”
See full article below
Raoul Pal Says “Boomers Are F*cked” as Macro Report Predicts $1M Bitcoin in 2025