🇩🇪 The Real Impact of Governments Selling Bitcoin | #BitcoinHardTalk Episode 38
Jul 12, 2024Hey hey Wealth Builders!
Episode 38 of Bitcoin Hard Talk just wrapped, and it was a wild ride! We dove deep into some of the biggest stories shaking up the world of Bitcoin, finance, and geopolitics. Here's the lowdown:
Governments Playing Crypto Games?
Germany's been selling off some of their Bitcoin stash, and it's got everyone talking. Is this a sign that governments are turning their backs on crypto? Or is it just a calculated move in a much bigger game? We dissected the motives behind these actions, reminding everyone that Bitcoin, with its decentralized nature, is a double-edged sword for the powers that be.
Celsius: The Courtroom Showdown
As a creditor myself, I'm right in the thick of the legal battle against Celsius and its former bigwigs. The accusations of fraud and utter incompetence are a stark reminder of the risks that come with trusting centralized platforms. Remember folks, self-custody is your best friend in this wild west of finance.
The Old Guard of Finance: A House of Cards?
Let's be honest, the traditional financial system is looking more and more like a Jenga tower on its last legs. Built on a mountain of debt and questionable practices, it's a disaster waiting to happen. Bitcoin, on the other hand, is a beacon of hope – a decentralized alternative that puts power back in our hands.
The World Stage: A Powder Keg of Tension
We broadened our horizons to talk about the NATO summit, conflicts in Ukraine and Palestine, and the growing movement to ditch the US dollar. It's all connected, folks. These global events have a ripple effect on our financial world, and understanding the bigger picture is crucial.
Questions We Need Answers To:
- What's the real agenda behind government actions in the crypto space?
- How can we protect ourselves from the scammers and fraudsters in this industry?
- Is the old financial system truly on the verge of collapse?
- Where does Bitcoin fit into this ever-changing global landscape?
Episode 38 was a rollercoaster, packed with insights and tough questions. Whether you're a Bitcoin veteran or a newbie, I hope this discussion sparked some ideas and gave you a new perspective.
Stay tuned for more episodes of Bitcoin Hard Talk, where we'll continue to dive into the most pressing issues at the intersection of Bitcoin, finance, and global events.
Until next time!
Peace!
Simon Dixon
Newsletter
Hey Hey Wealth Builders,
Join me LIVE shortly over on my YouTube channel at 6pm BST / 1pm EDT / 10am PDT for BitcoinHardTalk Episode #37 - 🇩🇪 The Real Impact of Governments Selling Bitcoin.
Bitcoin Rebounded
This week, Bitcoin rebounded above $58k despite the German government continuing to sell its Bitcoin holdings. This decision is significant, as it was fully traceable on the Bitcoin blockchain, raising questions about the Bitcoin holdings and treasury management policies of other governments.
Trump's Upcoming Bitcoin Conference
Additionally, Trump announced his participation in an upcoming Bitcoin conference in Nashville. There were also notable developments in crypto bankruptcies and fraud cases.
Legal Action Against Alex Mashinsky
Celsius creditors, including myself, launched legal action this week against Alex Mashinsky, Shilomi Daniel Leon, Hanoch “Nuke” Goldstein and others, some of whom are now involved in a new AI startup (Blueskai) after defrauding over $3,000,000,000 from 650k victims in the Celsius Ponzi Scheme, including many individuals' lifetime savings and pensions. I will provide an update on these legal proceedings as part of my live show tonight.
Geopolitics & Macro
On the geopolitical front, tensions escalated during the NATO Summit. Meanwhile, on the macroeconomic side, US inflation fell to 3%.
What I'll Cover...
- Update on this weeks Macro, Geo-Political & Bitcoin News to prepare you for a Bitcoin, Ai & CBDC world;
- The Real Impact of Governments Selling Bitcoin and how it should impact your Bitcoin wealth building goals;
- How you can build & protect your wealth in a Bitcoin, ai, and CBDC world when Governments sell Bitcoin.
Peace!
Simon Dixon
Bitcoin Angel Investor | Author | Bitcoin OG | CEO & Co-Founder, Bnk To The Future
Important Disclaimer
Before we conclude, it’s important to note that this blog post has been generated with the assistance of AI technology. While the content is based on the information provided and crafted to be informative and engaging, it should be understood that AI is responsible for its creation.
Additionally, I want to emphasize that the views and opinions expressed on Bitcoin Hard Talk, including discussions on geopolitics and financial trends, are solely mine. While I strive to provide accurate and insightful analysis based on my experience and research, these discussions should be viewed as educational content and not financial or geopolitical advice.
It’s crucial to conduct your own research or seek advice from qualified professionals before making any financial decisions or forming opinions on geopolitical matters. The topics we cover are complex and can evolve rapidly, so staying informed through multiple sources is essential.
Thank you for your understanding and continued engagement. Let's explore these critical issues together with a commitment to learning and understanding the forces shaping our world today.