mysticgecko

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mysticgecko

mysticgecko

@hippygecko

A simple techno mystic. meditation, Bitcoin, cats nostr: npub1y6dejdya3zv9ce7t0uw8ec7sx7jhaux07jdnpu3k7c90ces8hwzs7r6y3z

Katılım Mart 2008
1.5K Takip Edilen1K Takipçiler
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mysticgecko
mysticgecko@hippygecko·
"It might make sense just to get some in case it catches on.”
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Polymarket
Polymarket@Polymarket·
JUST IN: China's claims its recent military activities around Taiwan are "entirely justified and reasonable"
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₿itcoin Rachy ⚡️
₿itcoin Rachy ⚡️@BitcoinRachy·
If I sent you .25 bitcoin, would that change your life or is it negligible? I’m trying to see something.
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Ron Sovereignty Swanson⚡️🗝️
I actually hold $FTBC in one of my retirement accounts I think it’s cool that they were one of the first big banks to embrace the trust-less factor, and hold their own keys Respect 🫡
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Dividend Panda
Dividend Panda@DividendPanda74·
I’m using $1 Million in cash to make $8000 per month with very little risk. Is that good or bad?
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Roxom
Roxom@roxom·
Steve Wozniak, co-founder of Apple, said, “Bitcoin is the most amazing mathematical miracle. It’s better than gold.”
Roxom tweet mediaRoxom tweet media
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ساره المالكي
قطة تختبر لطف شاب صغير في القطار ومدى تقبّله لها، ولما تأكّدت من لطفه جلست في حِجْره!. 😀
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Ricardo
Ricardo@Ric_RTP·
Trump is about to lock 157 million Americans out of their own bank accounts. Treasury Secretary Scott Bessent confirmed an executive order forcing every US bank to collect proof of citizenship is "in process." And he just doubled down: "If Treasury and the banking regulators say it's their job, it's their job." This sounds irrelevant but here's what this really means: Per the Congressional Research Service, only 48% of Americans hold a US passport. That leaves over 170 million Americans without one. REAL IDs don't count. Driver's licenses don't count. Social Security cards don't count. Per Wall Street Journal reporting, banks will need a passport or birth certificate. The Brennan Center found 21.3 million voting-age US citizens don't have documents proving their citizenship easily available. These are Americans who are about to lose access to their own bank accounts. And here's the thing: The order applies to new AND existing customers. Banks could be forced to close accounts of people who can't produce documents. Your 78-year-old grandmother born at home in 1948. Your naturalized dad who lost his papers 30 years ago. Your cousin mid-passport renewal. The official story is that this stops illegal immigrants from accessing banking. But the actual reality: Illegal immigrants can't open US bank accounts anyway. Know Your Customer rules already require SSNs or ITINs. The existing system ALREADY blocks what this order claims to block. So who does this actually target? The half of Americans without a passport. Rural Americans. Elderly Americans born before centralized record-keeping. Black Americans in Southern states where birth records were historically unreliable. Low-income Americans who can't afford $225 for an expedited passport. The American Action Forum, a center-right think tank, estimates this adds 33 to 73 million paperwork hours and $2.6 to $5.6 billion in compliance costs. Guess who pays those costs? You do. Through fees. Through closed accounts. Through denied loans. Bessent's defense quote: "I have a place in the UK, they want to know who lives in every apartment." Bessent's net worth: $600 million. He has a "place in the UK." He will not be affected by this. So this isn't really about immigration. For the first time in American history, access to the banking system would be conditioned on proving citizenship to the federal government. That creates a permanent database linking every American's finances to their citizenship status. Once that database exists, it gets used by ICE, voting enforcement, tax enforcement, Social Security, and future administrations for purposes nobody has announced yet. Every future government gets the keys to decide who has a bank account based on paperwork. And Wall Street's reaction tells you everything: Bank execs privately called it "unworkable" and "a complete nightmare." One researcher called it "a way to weaponize the banking system to achieve political ends." They're not pushing back because they love immigrants. They just KNOW the compliance costs are catastrophic and half their customers will walk. Tom Cotton also introduced a companion bill in March making it a federal crime for any unauthorized person to "open or maintain a US bank account." Maintain. Meaning existing accounts. These things are literally being drafted right now. I'm surprised that all of this went under the radar.
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Leo Invests
Leo Invests@Leo_Traydes·
“Bitcoin only” “Those ETFs ain’t gonna do shit for you” While all you maxis celebrate your past two weeks my ETF that “isn’t going to get me anywhere” is running a lot quicker than Bitcoin 🤷‍♂️ But then of course I catch the upside of Bitcoin too when it surpasses SMH % wise eventually This SMH + BTC combo is fantastic As always… why not both?
Leo Invests tweet mediaLeo Invests tweet media
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Dan
Dan@KettlebellDan·
if you had $20k that you didn’t need access to for 4 months what would you do with it?
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Bullionaire
Bullionaire@itsbullionaire_·
What is the most someone should spend on rent in their 20s? $1,000 $1,500 $2,000 $5,000 $10,000+
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mysticgecko
mysticgecko@hippygecko·
It's crazy how much FUD Bitcoin still has.
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Evan | Investments
Evan | Investments@NotA_Bull·
You're handed $50k today but you must invest it immediately. What's the first asset you're buying?
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mysticgecko
mysticgecko@hippygecko·
@kinginvestings Agreed. Of course it depends on what comfortable means. But it's definitely not that right now.
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King Investing 👑
King Investing 👑@kinginvestings·
Making minimum wage should still allow you to live comfortably.
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Bitcoin News
Bitcoin News@BitcoinNewsCom·
NEW: Combining Bitcoin and gold in a portfolio produces superior returns compared to traditional bond-equity mixes.
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