MERRY BITCOIN CHRISTMAS | RABBIT HOLE RECAP #337
Rabbit Hole Recap
Intro
This chapter explores Bitcoin's potential as a safe haven amidst changing monetary policies and currency devaluation by central banks. The discussion combines festive cheer with critical insights on the financial landscape and the competition between Bitcoin and fiat currencies.
- Russia Enacts 6-Year Blanket Ban on Bitcoin Mining in 10 Regions https://www.nobsbitcoin.com/russia-enacts-6-year-blanket-ban-on-bitcoin-mining-in-10-regions/
- Russia is using bitcoin in foreign trade, finance minister says https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/
- El Salvador Agrees to $3.5B Loan Deal with IMF and others https://www.imf.org/en/News/Articles/2024/12/18/pr-24485-el-salvador-imf-reaches-staff-level-agreement-on-an-eff-arrangement + https://bitcoin.gob.sv
- Tether Invests in Rumble https://tether.io/news/tether-announces-775-million-strategic-investment-in-rumble-to-boost-decentralized-and-community-owned-media-platforms/
- Saylor Digital Asset Framework https://www.michael.com/digital-assets-framework + https://primal.net/e/note1y3skk6qaylm3surrk9ee5426kupgyr0rfvfuss8hallf3ctkml7sgh389r
- Craig Wright Gets Suspended 1 Year Sentence in UK for Continuing to Sue Bitcoin Developers https://www.nobsbitcoin.com/craig-wright-gets-suspended-1-year-sentence-in-uk-for-continuing-to-sue-bitcoin-developers/
- Human Rights Foundation Grants 7 BTC to 20 Bitcoin Projects https://www.nobsbitcoin.com/human-rights-foundation-grants-7-btc-to-20-bitcoin-projects/
- Malaysia | Parliament Passes Repressive Media Bills Amidst Financial Struggles
Earlier this year, Malaysia’s ringgit currency plunged to a 26-year low, driving up prices nationwide. As families struggled with a higher cost of living, officials passed an amendment granting law enforcement the power to freeze bank accounts suspected of fraud. Meanwhile, Malaysia’s parliament is passing two more bills to regulate media and online spaces, allowing officials to censor content and request user data from service providers without approval. Critics warn the vague language in these laws will likely be exploited to silence dissent and stifle public discourse. As financial hardships mount, Malaysia’s online spaces become increasingly controlled, eroding freedom of expression and financial autonomy. FinancialFreedomReport.org
0:00 - Intro
2:47 - Merry Christmas!
6:06 - Dashboard
7:31 - Travel talk
9:59 - Home Alone inflation metric
18:20 - Russia mining ban
27:37 - Halving tracker
31:30 - El Salvador IMF loan
39:31 - Tether Rumble
48:01 - Saylor digital asset framework
59:38 - Craig Wright
1:00:20 - HRF grants
1:01:34 - HRF Story of the Week
1:05:32 - Rate cut yield discrepancy
1:08:20 - Mandibles and Boxing Day drinking
1:11:24 - Anti-self custody trend
1:23:37 - Boosts
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