While in January, German officials were optimistically celebrating “skirting” a recession, their economy was directly heading towards that recession
And there were clear signs for it too, including the negative retail sales prints (eg -5% yoy in Feb 2023)
Never believe officials on the economy
And there were clear signs for it too, including the negative retail sales prints (eg -5% yoy in Feb 2023)
Never believe officials on the economy
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Debt ceiling pause just passed by the House.
The US debt ceiling has been raised 79 times over the last 63 years.
Over the last 10 years alone, the US has added $15 trillion in federal debt.
Since 2020, US debt is up by $8 trillion.
Debt ceiling “debate” is a farce for the masses. Both sides of the aisle need to spend to get the votes.
The US debt ceiling has been raised 79 times over the last 63 years.
Over the last 10 years alone, the US has added $15 trillion in federal debt.
Since 2020, US debt is up by $8 trillion.
Debt ceiling “debate” is a farce for the masses. Both sides of the aisle need to spend to get the votes.
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Forwarded from Ulric (Ser Ulric)
https://twitter.com/stephanlivera/status/1663250999987798029?t=_SqwPT2zh3orsJu97aEQuA&s=19
ARK. An alternative L2 protocol proposal
ARK. An alternative L2 protocol proposal
Twitter
SLP482 @brqgoo Ark: A New L2 Protocol for #Bitcoin
Burak and I chat:
- issues with LN
- ARK overview
- ASPs and vTXOs
- criticisms - capital requirements, soft fork
- is it vapourware?
- covenants
https://t.co/ozsd8sBgnz
Burak and I chat:
- issues with LN
- ARK overview
- ASPs and vTXOs
- criticisms - capital requirements, soft fork
- is it vapourware?
- covenants
https://t.co/ozsd8sBgnz
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ARK - A New Bitcoin L2 Protocol
We are going to have a Twitter Spaces with
@4moonsettler and @Sinz_Bitguide to discuss ARK – the newly proposed Bitcoin L2 protocol that addresses lightning’s inbound liquidity constraints & complements it.
Time: Today, 4pm Eastern Time, 8pm GMT (in about half an hour)
Spaces link:
https://twitter.com/Bitguide_io/status/1667623023183011840?s=20
We are going to have a Twitter Spaces with
@4moonsettler and @Sinz_Bitguide to discuss ARK – the newly proposed Bitcoin L2 protocol that addresses lightning’s inbound liquidity constraints & complements it.
Time: Today, 4pm Eastern Time, 8pm GMT (in about half an hour)
Spaces link:
https://twitter.com/Bitguide_io/status/1667623023183011840?s=20
Bitguide
ARK - A New Bitcoin L2 Protocol We are going to have a Twitter Spaces with @4moonsettler and @Sinz_Bitguide to discuss ARK – the newly proposed Bitcoin L2 protocol that addresses lightning’s inbound liquidity constraints & complements it. Time: Today, 4pm…
If you missed our 3.5-hour talk about ARK, the recording is available below. A technical deep dive with great questions from the audience.
https://twitter.com/Bitguide_io/status/1668067482412646401
https://twitter.com/Bitguide_io/status/1668067482412646401
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Deflationary Process Continues
May CPI MoM only at 0.1 & YoY at 4.0%, below expectations of 4.1%.
Core CPI comes at 5.3%
May CPI MoM only at 0.1 & YoY at 4.0%, below expectations of 4.1%.
Core CPI comes at 5.3%
Forwarded from Deleted Account
The news of BlackRock's Bitcoin ETF has given a significant boost to Grayscale's ETFs. Over the past few days, GBTC has outperformed Bitcoin, narrowing its discount to NAV and currently trading near YTD highs
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Bitguide
While in January, German officials were optimistically celebrating “skirting” a recession, their economy was directly heading towards that recession And there were clear signs for it too, including the negative retail sales prints (eg -5% yoy in Feb 2023)…
Germany in a really bad shape
Germans reported another drop in producer prices.
Already in technical recession, and deflationary pressures continue to build up. CPI and the labor market is to follow soon.
Germans reported another drop in producer prices.
Already in technical recession, and deflationary pressures continue to build up. CPI and the labor market is to follow soon.
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