Bern
Member

https://twitter.com/CaitlinLong_/status/1787915390565208510 1787915390565208510

From last week: https://www.msn.com/en-us/news/world/argentina-lawmakers-boost-milei-markets-with-reform-bill-backing/ar-AA1nWhEk Milei is making some progress on shoring up support for his policies, but the Senate might still deny him. Governing with a minority is tough work.

The spot BTC ETFs are fine if you are wanting some crypto investment exposure in one of your tax free investment accounts (IRA, etc.). But that isn't the same as actually owning the crypto yourself, which might be fine with respect to Bitcoin depending upon what your goal is (ie. investment exposure or true ownership). If you want exposure to some of the new evolving technologies like real world asset (RWA) tokenization, DePIN or even decentralized AI, you can find them in various non-Bitcoin crypto tokens/systems, but you can't get exposure to them via ETFs (yet, anyway). It really boils down to whether or not you want to jump into the rabbit hole. I did and I think it's pretty fascinating. I wouldn't know much of anything that's happening in the crypto space if I hadn't.

The Fed is trapped. We're in the end game now.

Bubblicious

https://www.sec.gov/news/speech/peirce-remarks-association-private-enterprise-education-040824 She's diplomatic because she has to work with her colleagues. But she is fighting for a sane/honest approach

Zim is the name of the old Zimbabwe dollar. ZiG = "Zimbabwe Gold". It was originally the name of Zimbabwe's digital gold token when they rolled it out last year. With the recent currency change, they renamed the digital token to be "Gold Back Digital Token" or GBDT so they could name the new currency the ZiG (still short for "Zimbabwe Gold") instead of Zim. Tokenization of assets has been a growth vector in the crypto space for several years. Blackrock is a newcomer to the industry. They are not leading innovation in the space - they are just using their 800lb gorilla size to capture as much of the market as they can. Blackrock had nothing to do with Zimbabwe's token. Zimbabwe's token was developed before Blackrock jumped into the game.

I'm not sure why? It has nothing to do with what is happening in Zimbabwe.

Gold closed the week at $2,434.73 at the SGE (China) - roughly $90 higher than spot through US trading hours. Now er got escalation in the middle east (Iran/Israel). That's a lot of rocket fuel for gold I would think.

Looks like gold is going to close out the week near $2,400. It's still looking strong even with the dollar index rising.

https://www.nysun.com/article/the-miracle-of-milei-argentina-could-spark-a-passionate-embrace-of-individual-liberty-and-prosperity?newsletter-access