"DC Court overturns SEC's Bitcoin ETF denial; a game-changer move injecting hope into crypto economy."
Full article: https://news.satoshis.tech/2023/08/29/dc-court-overturns-secs-rejection-of-grayscales-bitcoin-etf/
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#Bitcoin #BitcoinETF #Bitcoin'sValue #CryptoEconomy #CryptoTrading #Cryptocurrency #DCCircuitCourt #FinancialMarkets #FinancialProducts #FuturesMarkets #Grayscale #JudicialDecision #MarketRegulations #SEC #SpotMarket
Victory for the fraudsters in pinstripe suits.
The European Union's executive body said on Thursday it would propose only a partial ban on banks offering cash incentives to financial advisers who have sold their products, after fierce opposition from industry and key EU states such as <a href="/world/europe/germany-joins-battle-against-eu-ban-financial-product-commission-2023-01-16/">Germany</a>.
@jeffcliff
Yes, but #interestRate hikes will not mean much if the #moneyPump is still pumping 'up the wahzoo'. Also they need to be seen relative to where they need to be.
We have and are seeing a dodgy #financialProducts and schemes being bandied around all over.
A #maximumRentalIncome fixed to the 10% above the #socialSecuriy payment or a UBI would likely help seperate wheat from chaff.
We'll need to keep an eye on a number of things in the melting pot.
This week #MaxKeiser made an interesting point about #Australia's #hotelQuarantine system.
Australia has an extreme number of outrageous #financialProducts designed to prop up #rentseekers and #bankers at the expense of #savers. Rather than taper markets w lower #moneyPrinting or raising #interestRates he posits #hotelQuarantine is used to remove people from the economy.
It may sound conspiratorial, but judging by #building proposals we see a growing weaponisation of #COVID and #mentalHealth.
2/7
While the author, #PatrickWright, may seem to offer commonsense suggestions, the underlying assumption is that #growth is inevitable, you just need to #doYourOwnResearch. Its a re-hashed article from mid-2019 (almost 2 years old) and pumps #financialProducts that we think are of questionable or highly inflated value today. It frames #stockMarket investing as something to aspire towards and neglects to talk about #metals or #bitcoin as #StoresOfValue. What's perhaps most insidious…(2/3)