Ukraine closes series F funding round worth $1.1bn in debt obligations from IMF - The war torn country punching above it’s weight is competing against the Russian Gallactic Empire for sovereignty of the region. They hope to ensure freedom to Europe. The openly anti-Bitcoin IMF has been making several geopolitical moves recently, even while politicians across the world are trying to setup strategic bitcoin reserves. Okay I’m being a bit sarcastic here in an attempt to try and highlight what a wild situation this is turning out to be. No offense to anyone involved intended. www.theguardian.com #
2024/12/22 #
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Outrage as Elon Musk claims ‘only AfD can save Germany’ - Read this to get an idea of the epic pot stiring that is happening. While this will no doubt get many in the UK even more worked up in fist shaking, I think many will be relieved it’s not just the UK that is being proded. I like that it’s opening up conversations that would not otherwise be occuring. It’d also somewhat amusing to see how the left leaning journos are reporting. You can almost feel them being torn between shifting tides. Saying things and not saying things in quite odd ways. Like the whole system is creeking and bending, with many contorsions becoming exposed. www.theguardian.com #
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Greece’s former royal family seeks to regain citizenship 50 years after end of monarchy - I bet it’s horrible to go though this sort of thing, to have your foundations ripped out, to fight for your own existence, even if you are from a priviledged background. There seems to be all these fights between 'the individual' and 'the group' at the minute. We see these high profile cases but I bet, and to some extent I know, this is happening at every level, all over the place. www.theguardian.com #
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Tether expects over $10 billion in net profits for 2024, plans major AI investments - Since these stablecoin companies are making so much money from buying treasuries, it’s interesting to see what they are buying with the money they are making. Presumably they aren’t just going to buy more treasuries, though I guess why not, that kind of play is working out for some. They are investing in companies that align with their vision of the future, trying to grow the whole pie rather than just carving it up, giving themselves the biggest piece. www.cryptopolitan.com #
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El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal - Apparently it’s always been voluntary, and their Bitcoin adoption hasn’t changed. But I think it’s noteworthy because it shows that these big financial institutions are anti-bitcoin. And they say they are doing you a favour, making things safe for you, but is that really the case when they have so much invested in their system? cointelegraph.com #