CNN and FOX journalists in Kiev report hearing explosions.

....So... Putin just invaded Donbass.

Bitcoin discounts incoming
The next 24 hours are critical

How is it political? I even resisted the urge to add "Let's go, Brandon" to the background. By the way, let's go, Brandon.

1.5 million people died in Soviet Kazakhstan, then part of the Russian Socialist Federative Soviet Republic in the Soviet Union, of whom 1.3 million were ethnic Kazakhs

An estimated 38[7] to 42[11] percent of all Kazakhs died, the highest percentage of any ethnic group killed by the Soviet famine of 1932–1933.

The famine began in winter 1930, a full year before the other famine in Ukraine, termed the Holodomor

This famine killed an estimated 5 million people, primarily affecting the Volga and Ural River regions

Aid from outside Soviet Russia was initially rejected...Lenin refused this as interference in Russian internal affairs.

900,000 (Ó Gráda, 2019)[2] with 500,000 deaths in the RSFSR and the BSSR, 200,000 in the UkSSR and 100,000 in the MSSR.

Cobra doesn't agree with this.

UK inflation now at 7.25%

Bank of England raises interest rates 0.25% today

Average household income declining at the fastest rate since 1990.



Andrew Bailey (Governor of the Bank of England): "What we can do is try to prevent inflation spreading, stop inflation becoming more engrained in the system".

BBC reporter: "Are you trying to get inside people’s heads and ask them not to ask for too high a pay rise?

Andrew Bailey: "Broadly, yes.

BBC reporter: "Really?"

Andrew Bailey: "Yes, in the sense of saying we do need to see a moderation in wage rises. Now that’s painful."



So now we have the Bank of England not even mentioning their rampant money printing as a driver of inflation, now trying to persuade people not to ask for pay rises even though their cost of living is spiraling whilst their incomes decline in real terms. In other words, "yes it's painful but the people need to suffer this pain while we stealth tax them through inflation, in order to prevent runaway inflation. Suck it up."

(*you can replace Bank of England with any other central bank of your choosing. The narrative is the same).

They're losing control of the monster they've created. Fuck this system. Buy Bitcoin.

I think they secretly would, although they won't admit it, ever.

The problem is, Putin (or Russia in general) DGAF what "the people" want. Do any rulers ever? What Russia very, very badly wants is a sea port in "warm" waters. Crimea's Black Sea is a good start.

So Hm: based on the voting patterns one could make a pretty reasonable assumption that the area of "land" just above Ukraine, to the right of Poland, and below Lit/Latvia/Estonia would probably be pretty highly "Pro someone other than Russia". Would Russia be ok in ceding that territory in exchange for the areas that voted Russian in the Ukraine?

After all it is geography....

Yes, I do mean when Krustjev gave Crimea to Ukraine.

Well If my neighboring country just invaded and annexed part of my land I too would be happy to have NATO bases on my land to help defend against the invader. If the Russians do get a NATO base on their border it's their own doing.
The Russians have Iskander missiles in Königsberg that can reach Sweden and several NATO countries, NATO has, to the best of my knowledge, nothing like that pointed at Russia.
Russia is a big bully that constantly pokes its neighbors and sometimes invade them a little. They need to be put in their place.

Oh yea, let's bring the old charts where I was wrong as I was learning TA (which no one can be perfect in)
And it went up by 96% before falling down, too bad right.

And simply ignore the charts where I was right  

There is something that bothers me for some time. If someone knows the answers, it would be nice to share them. It is about the derivate markets. It is clear that the cash settled futures contract divert money from acutal invesment in Bitcoin, thus creating an artificial paper liquidity. My quiestion is whether what is happening on the derivate exchanges can lead to a pump/dump of the spot exchanges? It is supposed that derivate exchanges follow the spot exchanges with their index price, not vice  versa, but is this the reality? I have the gut feeling that the spot exchange traders look at the derivate exchanges and if they see a dump there, they also sell. Which is illogical especially for the cash settled contracts. Because nobody can transfer a paper bitcoin and sell it on a spot exchange. But the daily traders have proved many times they have no clue about... anything, even basic math. Also, I wonder if Binance has a physical futures contracts like bakkt,  because a lot of derivate trade is going on there lately and it seems to has an impact on the spot price.

A little bit of light on a dim Monday.  I feel exactly zero sympathy for this asshole.  I feel a little bit for his family.  But I watched him personally cheer on the lawsuits coming out of the project he supported.

What he built was so CLOSE to a good idea but based on such a bad idea there was no saving it.



One more thing.

He STILL hasn't learned his lesson.  Twetch did not fail because of bad PR!  It failed EXACTLY BECAUSE it was anchored to a centralized chain and the centralized actors decided to kick him out, and the market was wise enough to also value the centralized project where it belonged.  But this is just the sort of failure that awaits those who build on a centralized blockchain and then do not stay on the right side of those who control the database...  Twetch did not fail because Calvin likes little girls.  It failed because the idea of writing the entire internet to a blockchain is a retarded.

Asshole still doesn't get it.  (Sorry to any of you WO brothers who still hold out hope for the big chains.)

Well that's the problem. Covid-19 keeps on trucking so people keep on posting.

When I get some time I will post a photo of myself to show my rainbow glasses and my Hodl t-sweater along with a nuts cap a bandanna thanks to covid I can walk into a bank looking like that.

It is one of the few nice things about covid-19 you can say has happened.

To all take it back  step remember thanks to biology none of us will be alive in 2121 so lets stop fighting over mask no mask and or vax no vax. Either way you will be dead in 2121

So sorry for your loss man and i know how it feels to loose somebody you have known from years and shares a special bond with them.We all know that we all have to die at one point as we are not immortal so basically we all have to go but what's shocking is losing someone so early who has no sign of previous heath disorder like in your case bro a perfectly healthy man who has his regular checkup gone within a week is so shocking even for us and i know how much it might have broken you and your family.So condolences to you for that.

I was never interested to speak about covid restraint topic in this thread despite of so many topics and people debating over vaccine related issues but after you shared this incident i can't control myself as i also lost someone very close to me during this pandemic and he was young and only 35 father of two children's living perfect life but the main problem was there was no vaccine introduced at that time and he went too early also leaving all us behind in pain.But the life needs to go away in right manner and we can't fill their loss easily.

But after that there was vaccine introduction and some sign of relief for the surviving one's but then i saw people arguing over it and giving out advise they would rather die then get themselves vaccinated and i was like surprised that what they are doing? You prefer to get yourself the victim of deadly virus who is capable of killing the healthy ones and those who have strong immunity also but no you are against it because of all the reasons i don't know.Then there was lot of debate over this matter but i was not interested in these discussions at all.

There are images being spread out on the internet to create some kind of fake demotivational spirit among the residents to avoid vaccines like this image :



There might be some government scams in these vaccine doses but they are not going to kill you but some will still live in that dilemma or say their prestigious ego that these doses are not correct or are tools to kill them fast but it's not the case which they need to understand.But at last i also don't want any debate as this is my personal opinion which could be entirely different from others.

I am Fully vaccinated and whole of my family members are also and we know the pain you have also faced mate and that's why we know the importance of our closed ones.There are options for you and it all depends on how you use them.

Jury is deciding how many of the coins Faketoshi doesn't own he has to give up That's what happens when you get caught in a lie and then double and triple down to raise the stakes
 
https://twitter.com/CarolinaBolado/status/1465413697812246531

And with that, we are done for the day. The jurors are heading home. Back tomorrow for more deliberations at 10am.

Jury notes: How much of the intellectual property does W&K currently have under the estate? Do we need to select an amount for bitcoin and IP? When answering yes to a question do we have to follow a certain formula or can we leave it blank?

Things are continuing not to go well for Grayscale.
Price continues to be at heavy discount to NAV.
And new ETF?s coming to trade, surely do not help the scenario:



On a side note, as per my spreadsheet BTC in AUM decreased from f655,605 when they locked new shares back in March, to 646,404 help yesterday. These 9,000 BTC went straight into GBTC pockets as management fees, for basically doing... nothing.

Any guess why people are selling shares to buy a future backed ETF at a 0.95% fee.

More on this later, as I am not sure this could be a good trade.