The Rabbit Hole's avatar
The Rabbit Hole
therabbithole@nostrplebs.com
npub1ztdt...x9za
Navigating the discourse.
New Zealand 🇳🇿: The New Zealand government will suspend all remaining requirements in combating the C19 pandemic from midnight on Tuesday (15). Prime Minister Chris Hipkins declared that the requirement to wear masks in hospitals and other health facilities would end at midnight, as would the requirement for seven days of isolation for people who have contracted the virus.
🚨 United Kingdom 🇬🇧x🇷🇺Russia: The British Government has published that two British Royal Air Force Typhoon jets intercepted several Russian strategic bombers flying north of Scotland this Monday (14). No incidents were recorded.
Germany 🇩🇪: In a call to defend democracy, authorities and media outlets are considering the possibility of banning the right-wing “AFD” party in Germany. “AFD” currently ranks second in the polls with 21%. The magazine “Der Spiegel” published that: “The AfD has become increasingly radicalized. It is time to defend democracy with better weapons”. Chancellor Olaf Scholz has declared that a ban should be considered if the AfD is categorized as a group of "proven right-wing extremists" by the Federal Office for the Protection of the Constitution. And the president of the German republic, Frank-Walter Steinmeier, said in a speech to the country's domestic intelligence agency that "we all have it in our hands to put those who despise our democracy in their place." The Tagesspiegel newspaper also talks about banning the party.
It's not about how much you want something. It's not about how hard you're willing to work for it. It's about how many times you're willing to start over when you fail. Resilience and consistency will take you to the top. Good week guys.
0.002625 Bitcoin. 262,500 Satoshi. $77 (block time: 802979). This is the amount of #Bitcoin and the price of it in U.S. dollars that each person would have if all Bitcoin were distributed equally. Sounds like little and like an amount to have lying inconsequentially somewhere on a software wallet, but if we look to the year 2064, this will be roughly the amount of fresh Bitcoin per new block. Year 2064: 0.00305175 Bitcoin every ~10 minutes. 305,175 Satoshi. In about 40 years, each block will emit roughly the amount of Bitcoin that a human can own on average. Just one person every ~10 minutes. A global, gigantic participation of people with immense infrastructure, energy, time, work and power will spend their resources to bring this amount of Bitcoin on the stage of our world, so that just one human could own the average. With $77 today, which you can't even refuel your car with in some parts of the world, the next generation gets a complete blocksubsidy of a Bitcoin block that becomes scarcer every four years. If you have 0.002625 Bitcoin sitting in a wallet, in 40 years that will be the most valuable asset for many people. Realize this. Buy Bitcoin, be the owner of a block reward and hold. image
The scary math behind the world’s safest assets: Washington has laid the seeds of a crisis that Wall Street can no longer ignore. Around three-quarters of Treasurys must be rolled over within 5yrs. Say you added just 1ppt to the avg interest rate in the CBO’s forecast and kept every other number unchanged. That would result in an additional $3.5tn in federal debt by 2033. The govt’s annual interest bill alone would then be ~$2tn. For perspective, individual income taxes are set to bring in only $2.5tn this year. image
North Korea 🇰🇵: Citizens of the country must do what they can to protect portraits of the Kim dynasty during a tropical storm that is about to hit the country. This is the exhortation of the main local newspaper Rodong Sinmun, according to which it is of fundamental importance that North Koreans focus on how to "ensure the security" of the paintings and, more generally, of all the propaganda of the Kim family.
United Kingdom 🇬🇧: The British government announced this Sunday (13) that it is creating a regulation that puts an end to unisex bathrooms in new public buildings. It is determined that new buildings must have a women's and a men's restroom. “It is extremely important that women feel comfortable using public facilities, so we are taking steps to restore dignity and privacy at the heart of all future provisions,” said Parliamentary Under Secretary of State for Faith and Communities, Baroness Scott.
Reflection of the day: When people attack you, most of the time... they're just insecure. Deep down, they are projecting their fear. This is their subconscious program triggering. You are not the problem. They are. 😎
USA 🇺🇸: The images are from a report by the “Fox news” station in the Kensington neighborhood of the city of Philadelphia and show how in the open-air drug market users can be seen passed out on the sidewalk or injecting themselves with needles on the main avenue from the neighborhood.
Nicaragua 🇳🇮: The Nicaraguan dictatorship banned the entry into the country of two priests who participated in the World Youth Day in Portugal. They are: Tomás Sergio Zamora Calderón and William Mora.
USA 🇺🇸: By the end of 2023, Amazon intends to launch the “PALM” payment system where the customer (after scanning the palm of the hand) will be able to make payments at Amazon stores and at some Starbucks coffee shops using the palm of the hand. image
Germany 🇩🇪: The German Association of Judges criticized the “marijuana law” project proposed by the Federal Ministry of Health. According to the association, the law will not reduce demand on the black market, on the contrary, demand should increase. The project foresees that the purchase and possession of up to 25 grams of cannabis will remain unpunished in the future, even if purchased on the black market.
Ireland 🇮🇪: In order to reach the goal of reducing agricultural emissions by 25% by 2030, the Irish government continues to consider the possibility of slaughtering 200,000 dairy cows in the country, according to the “Financial Times” newspaper this Friday (12).
New peer-reviewed academic study finds, "#Bitcoin proof of work mining is a potential contributor to renewable energy penetration and net decarbonization of the energy grid. The existing literature has not comprehensively examined this area" image
By the looks of it, the SEC's main concern with #Bitcoin ETFs is market *manipulation*. The word was quoted more than 50 times in the release of the postponement of the decision on the Ark ETF. Interestingly, there are other asset classes that are just as or more manipulated.