Simply Bitcoin: Wake Up Call

Simply Bitcoin: Wake Up Call 12-2-2022 (Savings at 17-Year Lows, Russia Hoarding ASICS, and Texas ERCOT Bitcoin Mining Report)


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The Rundown

- Savings Rate Falls To 17-Year Low Amid Relentless Inflation

- FTX was the ‘fastest’ corporate failure in US history — Trustee calls for probe

- Mike Novogratz: Bankman-Fried is ‘delusional’ and headed to jail

- Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices

- Bitcoin mining revenues fell 19.9% in November to about $472.64 million, according to data compiled by The Block Research

- Texas energy grid, ERCOT published new analysis and research explaining how #bitcoin mining is helping the grid as a "flexible load" 21 page report

- @SenTedCruz and I have introduced legislation that will prevent the Federal Reserve from ever issuing a CBDC directly to individuals

- #Bitcoin is a commodity in the eyes of the Federal Courts and in the opinion of the SEC Chairman. There is no dispute...be it wheat, oil, or #bitcoin" U.S. Senator  @JohnBoozman

- Why The Financial Elites Want You To Eat Bugs

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Simply Bitcoin: Wake Up CallBy Simply Bitcoin