Dubai: Crypto & Coffee at 8: 🚨29th Aug 🚨 🥶 Crypto market below $1T, #BTC below $20k & #ETH below $1,500 😡 Inflation & Climate change 🌤️? 🤨Where does Bitcoin fit into all of this?
34:24 Share

🥶 Crypto market below $1T, #BTC below $20k & #ETH below $1,500 Federal Reserve Board chair Jerome Powell gave an immersive speech in Jackson Hole, Wyoming, to deliver an update on the central bank’s fight against inflation. The amount of power the FED has over the markets is truly terrifying. The unfortunate cost to reduce inflation has a strong impact on the cryptocurrency industry. The 8min speech via CNBC ->https://bit.ly/3QZqu2V

❗The Federal Reserve Board also has useful information here https://bit.ly/3PsCXKV that explains things such as

• What is Inflation

• How does the Federal Reserve evaluate changes in the rate of inflation?

A must-visit the page

🤨Where does Bitcoin fit into all of this?

While bitcoin has not proven to be a hedge against inflation A lame article via CoinDesk that does the blame/game on inflation & does not provide any valid explanation or benefits of Bitcoin https://bit.ly/3KvI63Z Sure separation of Money & the state sounds like a brilliant idea BUT the fact the Bitcoin accumulation is in the hand of selected few. How does Bitcoin help with the dynamics of money? Maybe Bitcoin 2.0? Check out Blockchain DXB points on Bitcoin as a World Reserve Currency. still, Work in Progress here https://bit.ly/3R9UUiU Another failed article by Bitcoin Magazine with a headline that states “Bitcoin is freedom from the Fiat system’s walled garden: but gives 0 explanation on how Bitcoin helps. Instead does the easy blame/game about Software giants https://bit.ly/3KpVmXX

😡 Inflation & Climate change 🌤️?

Bitcoin.com article states European Central Bank President Christine Lagarde blames climate change for Europe’s Torrid inflation, article here https://bit.ly/3AtD2bU Original article by Madame Figaro here https://bit.ly/3CFV8KA The article also talks about how Left Wing Biden administration is following the same trend, as the recently implemented bill called the Inflation Reduction Act

🕵🏻 🔍Satoshi Nakamoto’s encoded message on Genesis block “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” may have fallen on deaf ears. Over a decade long and the monetary system is still a failure. The separation of Money & the state will eventually happen it just might take way longer than anticipated

⚒️ Bitcoin mining difficulty set for an 8-month record gain. With the next difficult adjustment to take place in approximately 2 Days and 8 hours how much security is good security? Bitcoin mining consultancy firm BlocksBridge Consulting estimates a new ATH. Data can be seen here via BTC.com https://bit.ly/3ATQAib

👏🏻Binance signs MoU with the City of Busan to further foster Blockchain Industry Development. Details of how Binance plans to develop and foster Busan City’s blockchain sector can be seen here https://bit.ly/3pOGMzI

💥Two UAE news: (Check slides)

⚡ Abu Dhabi to launch a blockchain, virtual assets strategy

⚡ DMCC (Dubai Multi Commodities Centre) Crypto welcomes Gate.io

🎙️ Listen to our Podcast here 🎙️ Anchor: https://bit.ly/3Po8eio Spotify: https://spoti.fi/3y3Fapq iTunes: https://apple.co/3u4Iak7 Google: https://bit.ly/3ysvrL0 Anghami: https://bit.ly/3AiLNp5

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

LinkedIn Profile: https://bit.ly/3AAN504

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

#blockchaindxb #blockchain #blockchaindxb #bitcoin #innovation #digital #community #canada #community #opensource #mining #socialmedia #dubai #project #cryptocurrency #news #blockchaindxb #blockchain #bitcoin #cryptocurrency #bank #blockchaindxb #bitcoin #blockchain #banking #bank #technology #blockchaindxb #cryptocurrency # #blockchain #finance #blockchaindxb #fintech #cryptocurrency #btc #blockchaindxb #crypto #blockchaindxb #cryptocurrency #blo ckchain #news #blockchaindxb#blockchaindxb

#blockchaindxb CNBC Arabia