Dubai: Crypto & Coffee at 8: 23rd June 2022! 🚨 2022:⛔Inflation + Recession + Stagflation + Deglobalization + New World Order
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23rd June ⛔Inflation + Recession + Stagflation + Deglobalization + New World Order

Inflation Numbers 📛 US — 8.6% highest in 40 years 📛 UK — 9.1% highest in 40 years 📛UAE — 7.5% expected in 2022

💡Ray Dalio has put up an excellent article via LinkedIn called Reducing inflation will come at a great cost: Stagflation article here https://bit.ly/3OeUCpK He talks about how important it is to raise productivity and central banks are currently not doing that. Excellent examples of bull and bear markets), expansions and recessions. Also explains how debts have been increasing relative to incomes at the same time.

What is Stagflation? Simply put, stagflation or recession-inflation is a situation in which the inflation rate is high as in the current case. #Bidenflation is definitely upon us. The root cause of it is Money Printing by the Democrats?

Because of Covid 19 & Russia / Ukraine situation, the economic growth rate slows has slowed down, and unemployment remains steadily high. Despite attempts to change the definition of Unemployment by the current administration. Currently, stagflation in the USA presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment. A strong political leader is what the USA & the world needs #trump2024?

👀 Where does Bitcoin fit into all this? Well maybe if Bitcoin was created centuries ago we may have not been in a similar situation? — Not True. Check out Blockchain DXB’s suggestion here https://bit.ly/3I0E3f3 on how Bitcoin as an alternate form of money in existence to Fiat currency could maybe ease the current financial crisis? (Still an idea stage & work in progress) . Check our events on #CBDC & #Metaverse below

🚨Nouriel Roubini “Dr. Doom” chief economist from Atlas Capital Team L.P. has a great interview with Bloomberg LP where he talks about US Economy ‘Getting Very Close’ to Recession. YouTube it here https://bit.ly/3zVW240 He reiterated his stance on crypto & the value is 0. He could be, right? Over $2Trillion has been wiped off the crypto market. Earlier in March, with Brunello Rosa he had mentioned that the invasion of Ukraine will have steep stagflationary effects, even in otherwise strong economies, article here https://bit.ly/3QF6LWA via Project Syndicate. They were right

Sam Bankman-Fried , CEO of FTX bails out embattled crypto firms BlockFi and Voyager by providing BlockFi with a $250 million revolving credit facility & committed $500 million in financing to Voyager Digital. Info via Twitter here https://bit.ly/3xJaWbm

⚡Elliptic article via LinkedIn shares detailed info on how #dogecoin is gaining traction for illicit use. Elliptic has identified millions of dollars worth of #dogecoin transactions connected to illicit activity. Detailed & informative info here https://bit.ly/3n9PEyt Surprisingly Tether.to USDT accounts for more illegal activity than #TRX #ETH #Doge combined. Unclear if privacy coins such as Monero, and Zcash account for Other?

Binance US has launched zero-fee Bitcoin trading & in the near future, they plan to eliminate charges for more tokens. Brian Shroder CEO of Binance.US told Bloomberg LP that zero-fee trading is “something that we want to do because we can. More info here via CoinDesk here https://bit.ly/3yeos8l

UAE news: (Check slides below) ✅Metaverse: The Hype, Reality & New World Order by Blockchain DXB via Eventbrite register here: https://bit.ly/39HFC4A ✅Central Bank Digital Currency (CBDC) and how it will impact in the coming years. The Good, The Bad, The threat to Freedom & more. Eventbrite register here: https://bit.ly/3OaWdwQ

For slides click here: https://bit.ly/3QJSFmE

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #duba