Friday, December 2, 2022

Canadian Government Laments Fact that All Bitcoin Donations to Civil Liberties Protesters Can’t be Seized

by Didi Rankovic, Activist Post:

Recent events around the globe have prompted many to consider how safe and “unconfiscatable” cryptocurrencies are – and whether or not the use of digital money adds to the quality of life, where freedoms and privacy are concerned.

Depending on what cryptocurrency you look at, the verdict may be different, or the jury may still be out; but at least in one case, it seems that a cryptocurrency is attempting to live up to the hype. And this is happening over in Canada, much to the chagrin of the police there.


by Namcios, Bitcoin Magazine:

The largest U.S. oil producer Exxon Mobil is considering expanding its North Dakota bitcoin mining pilot program to further reduce the volume of natural gas it routinely burns off or flares into the atmosphere, Bloomberg reported Thursday.

People familiar with the matter told the news outlet that the oil giant has an agreement with Crusoe Energy Systems to redirect gas that would otherwise be wasted from an oil well pad to mobile bitcoin mines. The report said the pilot project launched in January 2021 in North Dakota’s Bakken and expanded in July; now, it consumes up to 18 million cubic feet of gas per month that Exxon couldn’t otherwise monetize.

Florida Governor Ron DeSantis Says State Is ‘Figuring out Ways’ to Allow Businesses to Pay Taxes in Bitcoin

by Jamie Redman, Bitcoin:

Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on accepting bitcoin “for payments in the state of Florida.”

Prince Philip of Serbia: Bitcoin Is Freedom — Says ‘We Need to Take the Money Away From the State’

by Kevin Helms, Bitcoin:

Prince Philip of Serbia and Yugoslavia says that bitcoin is freedom. Noting that “we need to take the money away from the state,” the prince stressed: “We need to have hard money again. We need to have good quality money that’s not subject to inflation.”

Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash

by Jamie Redman, Bitcoin:

On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital of the Caribbean,” as long as his country continues to embrace blockchain technology and cryptocurrency solutions.

Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money

by Kevin Helms, Bitcoin:

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “a safer haven asset than government fake fiat money.”

Bitcoin Slides Ahead Of EU Vote Which Could “Practically” Ban Key Digital Currencies

from ZeroHedge:

Cryptocurrencies stumbled on Sunday evening after trading rangebound for the past two days, following a delayed market realization, and reaction, that on Monday, the European parliamentary committee will vote on a new regulatory framework for crypto assets, which according to Bloomberg could accelerate passage of a measure that industry executives say could “practically ban key digital currencies including Bitcoin and Ethereum in Europe.”


from SGT Report:

Lior Gantz returns to SGT Report to warn Americans about what is rapidly turning into HYPER inflation. The price of gas, oil, iron ore, corn, wheat, soybeans, copper, palladium and nearly every single staple upon which we rely each day is soaring – hyper inflating. In fact, this week the price of nickel was up nearly 100% in a single day. What is now upon us is going to be absolutely devastating.

Follow the REAL SGT REPORT on Telegram:

Get the special report from Lior & Wealth Research Group


by Geoffrey Grinder, Now The End Begins:

The rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier, but also has substantial implications for consumer protection, financial stability, national security, and climate risk. The United States must maintain technological leadership in this rapidly growing space, supporting innovation while mitigating the risks for consumers, businesses, the broader financial system, and the climate. And, it must play a leading role in international engagement and global governance of digital assets consistent with democratic values and U.S. global competitiveness. That is why today, President Biden will sign an Executive Order outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology

JUST IN – #Bitcoin, cryptocurrencies have soared following the premature release of a U.S. Treasury statement on Biden’s expected executive order on digital assets.

Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities

by Sergio Goschenko, Bitcoin:

The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects from companies and organizations like Aave, Banco Santander, and Mercado Bitcoin were selected to be developed as examples of how a digital real could be used.


from SGT Report:

You won’t believe what the criminal banking cabal got away with on Thursday, again. Rinse and repeat, and no one EVER goes to jail for kneecapping gold and silver with BILLIONS of paper ounces. Bob Kudla joins me to document the high crimes and misdemeanors.


from Bitcoin Magazine:

The draft bill comes after the government gave the green light to Bitcoin regulation, disregarding the Bank of Russia’s concerns.

Russia’s Ministry of Finance has submitted a draft bill on Bitcoin regulation in the country, weeks after the government approved the concept of creating legislation specifically for cryptocurrencies.

“The use of digital currencies as a means of payment on the territory of the Russian Federation will continue to be prohibited,” the Ministry of Finance said in a statement Monday. “Under the proposed regulation, digital currencies are considered solely as an investment vehicle.”

Mark Nestmann: Gold Comes Roaring Back (at Bitcoin’s Expense)

by John Rubino, Dollar Collapse:


Just 15 months ago, pundits were asserting that bitcoin had matured into its own separate asset class from stocks, bonds, and other traditional investments. At the same time, conventional stores of value like gold simply couldn’t keep up with the price momentum of bitcoin and other cryptocurrencies.

Indeed, Bloomberg Quint published an article in December 2020 entitled, “Bitcoin’s Rally Spurs Wall Street to Question Future of Gold.” It pointed out that many investors had cashed in their gold holdings for bitcoin. Numerous hedge funds and family offices had done the same.