And they floated the idea of buying #Bitcoin with US gold reserves.
"#Trump making the tariffs and pulling all that money into govt is what is going to pay for the trillions of tax cuts the Senate just approved. And the oligarchy will use all that extra cash to help pay for buying all the cheap stocks because the market has crashed.
"Biggest heist in history, and #musk will become the first trillionaire as families lose their houses and starve in the streets."
Worldwide, bitcoin mining uses as much electricity as the country of Poland. Now, one company is offering an idea to cut cryptocurrency’s carbon footprint while also making renewable energy more easily accessible in Africa. #bitcoin #mining #africa
Posted into YOUR CLIMATE IS CHANGING @your-climate-is-changing-csmonitor
"Why are they so enthusiastic? Not only can they make fortunes, but crypto advances their long-term aim of shifting financial controls out of a democratically elected government and into their own hands. ...
Trump and his family stand to gain substantially. The rest of the economy — including, increasingly, large Wall Street banks — will be subject to large and unregulated risks. Beware."
#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
/3
"As economist Paul Krugman has said, their market value rests on nothing but 'technobabble and libertarian derp.'
They also use huge amounts of energy — especially for Bitcoin mining.
Eric and Donald Jr.’s mining project is the third major crypto venture that the Trump family has started over the past year. ...
The richest people in America with huge power — the oligarchy, including Elon Musk and Trump — are enthusiastic about cryptocurrencies."
"Yesterday, Eric Trump and Donald Trump Jr. announced they were joining forces with a Bitcoin mining company to create a firm called American Bitcoin. Eric will be co-founder and chief strategy officer. ...
Let me remind you, in addition, that cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion, and scams."
~ Robert Reich
#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
/1
#Trump Family Pushes Further Into #Crypto, Starting Another Venture
Eric Trump & Donald Trump Jr. are investing in a #Bitcoin-mining company called American Bitcoin, created by the merger of two firms.
#law #USpol #scam #fraud #EmolumentsClause
https://www.nytimes.com/2025/03/31/business/trump-bitcoin-mining.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=04953B4E-FEFD-4023-A015-77EA7AB351F3
Just created a @kagihq Feedback thread on crypto payment options.
https://kagifeedback.org/d/6733-more-crypto-payment-options
Currently they use only Stripe billing, Paypal and Opennode's Bitcoin payment gate.
So if you have Ethereum, Monero or any other popular coin, then you're out of luck.
So, please vote if you also want more crypto payment options for privacy-oriented search engine.
P.S. I think this becomes even more relevant since they've recently announced their Privacy Pass.
#Bitcoin has been volatile as usual. It raced up almost 20% when #Trump took office, only to dive nearly 30% when his plans for a #US #cryptocurrency reserve failed to impress.
And if you think that's bad just look at #Musk’s #Tesla share price versus its main rival #BYD since inauguration day. Ouch.
"Stable" #bitcoin. A complete contradiction in terms... Backed by debt thats soooo 'stable' the US has paid nothing on except the interest in your lifetime, because it can't, and will never be able to pay. Nice. You HAVE TO BE an idiot.
"World Liberty Financial, a #crypto project backed by President #Trump and his family, says it will launch a new #stablecoin backed by U.S. government debt"
Via @unusual_whales #btc #cryptocurrency #scam #looting #bitcoin #usecon @useconomy
FT Alphaville weighs in on #MicroStrategy's bizarre new "strife" (#STRF) bitcoin accumulation strategy.
> "#MichaelSaylor has pitched it as a way to tap into the vast pool of fixed-income investors who generally prefer stability and predictable returns. Yet Strife offers neither. It exposes investors to bitcoin’s downside (since Strategy’s creditworthiness hinges on its crypto holdings) without giving them any upside if the cryptocurrency soars. The dividend is fixed, so if bitcoin 'moons', Strife holders are left watching from the sidelines. It’s like being invited to an all-you-can-eat buffet but only allowed to smell the food."
> "Buried in the fine print of the prospectus is a crucial detail: the board can suspend dividends altogether. It’s essentially a 'trust me' deal."
https://www.ft.com/content/20984de7-4a63-4919-979f-04245de33592
"Robert “Bo” Hines, executive director of the President's Council of Advisers on Digital Assets, said that if the move to sell some of the gold in Fort Knox to buy #Bitcoin remained budget-neutral, it could be considered."
The Street https://www.yahoo.com/finance/news/us-government-sell-gold-fort-180016888.html
#USPolitics #TrumpRegime
@briankrebs @ncweaver “#Bitcoin (and other #crypto currencies) is like rat poison squared.” - Warren Buffett
#WashingtonHasFallen and rats 
that have been given #immunity by the corrupt #SCOTUS have overtaken #USpol. #Resist and #DoNotComply.
It’s been a rough week. We could all use a little contracts-adjacent frivolity. Today, we bring you the continuing sage of one man’s attempt to recover $800 million in bitcoin from a Welsh garbage dump.
North Korea Among Top #Bitcoin Holders With $1.15 Billion #BTC
Guess where that came from?
https://bitcoinist.com/north-korea-among-top-bitcoin-holders-with-1-15-billion-btc-stash/
BBVA ofrecerá servicios de compraventa y custodia de #bitcoin y ether en España. Además, dice que no podrá proporcionar asesoramiento al respecto. Ya le estáis diciendo a todas las personas a las que queréis que se alejen de esto, porque todos los sistemas de cripto acaban en la quiebra o en la cárcel https://www.bbva.com/es/innovacion/bbva-ofrecera-servicios-de-compraventa-y-custodia-de-bitcoin-y-ether-en-espana/
nothing to see here, just crypto hastening the collapse of global democracy, all facilitated by America's commerce secretary #HowardLutnick and the company whose money he manages, #Tether.
> "Bitcoin and crypto are now favored as a means of trade among Russia’s oil companies to the extent they would continue to be used even if sanctions were lifted and the U.S. dollar could be used again."
> "Russian oil companies have used #Tether, #bitcoin and #ethereum"
> "Russian oligarchs and billionaires hit by severe financial restrictions following the country’s invasion of Ukraine turned to bitcoin and crypto as far back as 2022."
> "Meanwhile, the Bank of Russia has stated this week it intends to allow a “limited circle of Russian investors” to buy and sell bitcoin and other cryptocurrencies."
