Today's world of Keynesian economics and the fractional reserve system, forces banks to hedge their real assets with artificial derivatives, or face collapse. We need to change our time preference. #Bitcoin

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Montana’s ‘right to mine’ crypto bill moves closer to passing as law - right to mine digital assets - prohibit “discriminatory” electricity rates being charged to crypto miners -protect mining that occurs “at home” -strip local governments of the power to use zoning laws to stop crypto mining operations - prohibits additional taxes on the use of crypto as a payment method https://tinyurl.com/2tnadfvz

Gensler in @NYMag on crypto: -everything is a security except bitcoin -every company out there is in violation -crypto is pointless but blockchain is kinda neat Hard to argue you’re acting in good faith if admittedly trying to stamp out an entire industry. pic.twitter.com/Ozw8ZJ3ETO — Alexander Grieve (@AlexanderGrieve) February 26, 2023 Imagine if Biden is re-elected, and Gensler becomes Secretary of Treasury

WSJ: U.S. banks backing away from crypto amid regulatory crackdown https://tinyurl.com/4nwaenxz

The Naira Crisis Is Fueling Bitcoin Adoption In Nigeria https://tinyurl.com/2zw5xb2f

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Can Gary Gensler Survive Crypto Winter? #Bitcoin

Intelligencer

Gary Gensler on Meeting With SBF and His Crypto Crackdown

Following the Bankman-Fried debacle, SEC chief Gary Gensler is getting tough — and answering questions about his role in the mess.

It’s time for Canada to vote out the Trudeau administration. Prime ex of big government out of control, Canada will become the 1st Western nation to default. CA’s fed debt are growing by $878 per second, which is $52K per minute, $3.1M per hour, or $75.9M every single day And now the Canadian gov wants to seize #Bitcoin addresses from wallet provider Nunchuk https://ibb.co/hmC6NZ6

U.S. Legislators Introduce Bill That Would Prohibit Creation Of An American CBDC. Well done Congressman Tom Emmer (R-MN)

Bitcoin Magazine

U.S. Legislators Introduce Bill That Would Prohibit Creation Of An American CBDC

The bill would effectively put an end to the debate over the creation of a Federal Reserve-issued CBDC.

What are your thoughts on lightning exchanges like LN Networks & Kollider? I like the non custodial architecture, have concerns when derivatives are involved…

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Superbacked OS airgapped on iStorage dataShur USB with secure element, perfect solution for encrypted secure backups https://tinyurl.com/2m2rne44