Forwarded from The Finance Journal
Socialism is a psychological disorder that puts on ideological clothing to hide what it actually is.
At its core is a specific kind of irrational resentment, that is the inability to accept that in a free society, some people will be simply be more, make more, have more.
And instead of competing or accepting that reality, the disordered mind creates the ideology that demands the system be changed so no one is allowed to rise “too high”.
So they would rather live under a system of enforced mediocrity that limits everyone’s freedom including their own than accept a world where some people can create visibly better outcomes.
They can’t help but eliminate the conditions that make other people’s success possible. And since freedom produces unequal results and that inequality is unbearable to this mindset, then freedom itself must be attacked.
The Finance Journal📈
At its core is a specific kind of irrational resentment, that is the inability to accept that in a free society, some people will be simply be more, make more, have more.
And instead of competing or accepting that reality, the disordered mind creates the ideology that demands the system be changed so no one is allowed to rise “too high”.
So they would rather live under a system of enforced mediocrity that limits everyone’s freedom including their own than accept a world where some people can create visibly better outcomes.
They can’t help but eliminate the conditions that make other people’s success possible. And since freedom produces unequal results and that inequality is unbearable to this mindset, then freedom itself must be attacked.
The Finance Journal
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🇯🇵 BREAKING: Japan passes law officially recognizing CRYPTO as "financial assets".
The law expands FSA oversight, opens a path for Bitcoin ETFs and could lower eligible crypto taxes to around 20%.
It also adds insider-trading rules, stricter disclosures and tougher penalties for unregistered firms.
Changes are expected to take effect within a year.
@headlines
The law expands FSA oversight, opens a path for Bitcoin ETFs and could lower eligible crypto taxes to around 20%.
It also adds insider-trading rules, stricter disclosures and tougher penalties for unregistered firms.
Changes are expected to take effect within a year.
@headlines
🚨ALERT: $ETH just reclaimed $1,900
Ethereum reclaimed $1,900, a level last seen over a month ago on June 2nd.
The recent softer CPI and PPI prints eased inflation concerns and boosted risk appetite.
@headlines
Ethereum reclaimed $1,900, a level last seen over a month ago on June 2nd.
The recent softer CPI and PPI prints eased inflation concerns and boosted risk appetite.
@headlines
🚨ALERT: BITCOIN WHALE MOVES $383 MILLION AFTER EIGHT YEARS OF INACTIVITY
A dormant wallet moved 5,908 BTC worth roughly $383 million to a new address after eight years of inactivity, per Lookonchain.
@headlines
A dormant wallet moved 5,908 BTC worth roughly $383 million to a new address after eight years of inactivity, per Lookonchain.
@headlines
JUST IN: 🇹🇿 Tanzania moves to regulate Africa’s $205B crypto market.
The Bank of Tanzania is reportedly preparing laws and regulations for digital assets as Sub-Saharan Africa’s on-chain crypto activity surpasses $205B.
The move follows new crypto rules in Kenya and Zimbabwe as Africa shifts from restricting crypto to regulating it.
@headlines
The Bank of Tanzania is reportedly preparing laws and regulations for digital assets as Sub-Saharan Africa’s on-chain crypto activity surpasses $205B.
The move follows new crypto rules in Kenya and Zimbabwe as Africa shifts from restricting crypto to regulating it.
@headlines
🚨JUST IN: JPMorgan says Strategy’s $3B cash pile is a BULLISH sign for Bitcoin.
The cash can cover around 20 months of dividends, reducing pressure to sell more of its 843,775 $BTC.
@headlines
The cash can cover around 20 months of dividends, reducing pressure to sell more of its 843,775 $BTC.
@headlines
LATEST: 🇹🇼Taiwan lawmaker Dr. Ko Ju-chun says there is an 80% chance the country will establish a strategic Bitcoin reserve within five years, rising to nearly 100% within a decade.
@headlines
@headlines
🔥MICHAEL SAYLOR: FIAT IS THE PROBLEM AND BITCOIN ALLIES ARE THE SOLUTION
Saylor said, "Fiat currency is the problem. Companies, institutions, securities, and technologies that strengthen Bitcoin are part of the solution."
His comments followed River’s chart that shows how fiat currencies can collapse, be replaced or lose purchasing power.
@headlines
Saylor said, "Fiat currency is the problem. Companies, institutions, securities, and technologies that strengthen Bitcoin are part of the solution."
His comments followed River’s chart that shows how fiat currencies can collapse, be replaced or lose purchasing power.
@headlines
⚖️WHERE DOES THE CLARITY ACT STAND RIGHT NOW?
The bill has passed the House and cleared the Senate Banking Committee but no floor vote has been scheduled.
It needs 60 Senate votes and zero Democrats currently support the latest draft over a standoff on Trump crypto ethics language.
The updated bill text was expected this week but has yet to be made public as lawmakers continue negotiations over the ethics provision.
Polymarket odds have dropped to 32%, its lowest since January.
@headlines
The bill has passed the House and cleared the Senate Banking Committee but no floor vote has been scheduled.
It needs 60 Senate votes and zero Democrats currently support the latest draft over a standoff on Trump crypto ethics language.
The updated bill text was expected this week but has yet to be made public as lawmakers continue negotiations over the ethics provision.
Polymarket odds have dropped to 32%, its lowest since January.
@headlines