@ Felipe

🧠Quote(s) of the week:

My current state of mind:

It is always the same story Government debases the currency and then blames business for profiteering and "the rich" who the Government has actually enriched. The root cause is government, and its addiction to printing money.

The DEBT crisis cannot be sustained. EU, UK, USA, China, etc., cannot continue the Ponzi scheme of printing more money to pay off old money. The previous rate for debt was 0.1%. Countries have to pay their Treasury Bonds, which will be around 4-5%. Wars start so they can all default, and then what comes after is a global financial reset. This is the information the majority of you do not understand or even look at.

Secretary of the Treasury of the United States, Scott Bessent, before the Election: “In the next few years, we are going to have some kind of grand economic reordering. Something equivalent to a new Bretton Woods. There’s a very good chance that happens in the next 4 years and I’d like to be a part of it.”

Any change of the Bretton Woods order will play in the cards of the scarce, politically neutral, immutable money: Bitcoin.

The problem has, and always will be the abuse and misuse of money by those in power. No one should ever have to work for a currency that others can print at will. The foundations are corrupted. Our money is broken.

This is the real problem.

Until that changes, nothing changes.

Educate yourself. Study Bitcoin.

🧡Bitcoin news🧡

On the 1st of April:

➡️The value of Metaplanet’s Bitcoin treasury is now 24x larger than the market cap of the company in April 2024.

On the 2nd of April:

➡️'Foundry just mined the emptiest non-empty block in over two years, containing only 7 transactions and weighing just 5369 units. The last block weighing less than this was by Binance Pool at height 769895 in January 2023 when the mempool was similarly empty, containing only 4 transactions and weighing 4370 units.' - Mononaut

➡️Last week I mentioned that Gamestop now has $ 1.48 billion available to purchase Bitcoin. If they invest that amount, $1.5 billion, in Bitcoin, it will make them the fourth largest Bitcoin holder among public corporations.

https://i.ibb.co/k6x0YLnV/Gne0shqb-QAAnx4-Z.jpg"

➡️Fidelity announces a no-fee Bitcoin retirement account that allows their 49 million customers to buy in Bitcoin.

➡️Publicly traded Enish announces to buy ¥100 million worth of Bitcoin.

➡️94.5% of the 21 million Bitcoin supply has been mined, based on its predictable predetermined issuance schedule—programmed in the protocol code, enforced by consensus, and verified through hundreds of thousands of globally distributed network nodes. Only 5.5% left to be mined over the next 115 years! - Wicked

➡️'Today, Breez launches Misty Breez, their latest application built using the Breez SDK. The Breez SDK was initially developed to simplify the process of integrating Lightning Network support into different consumer applications. Dozens of existing projects and companies currently build on Lightning using the SDK. 

Breez: 'Lightning Made Easy → No channels. No setup fees. Just permissionless P2P payments.
Receive Offline Payments → Receive payments offline using mobile notifications.
Lightning Address Support → Accept payments with a customizable Lightning address.'

Documentation for the Breez SDK Nodeless configuration used by Misty Breez is available here. The Github for the Misty Breez implementation is available here. Lastly, for users who wish to play around with the application, an early access release is available here for Android, and here for iOS.  A direct APK download is available here.' - Bitcoin Magazine

➡️'Managing over 1.62 trillion dollars, the Bank of America CEO just said they would launch a stablecoin once it's legal. That amount of capital will disrupt all of crypto -- but, only a few networks will capture most of that value.' - Austin King

➡️'Bitcoin processed $5.5 trillion worth of transactions in Q1' - Pierre Rochard https://i.ibb.co/nqwkcCvn/Gni-MSFWYAAg7xu-1.png

On the 3rd of April:

➡️New Record Bitcoin Network Hashrate: 840,000,000,000,000,000,000x per second Bitcoin mining hashrate is rapidly approaching 1 zettahash.

➡️Metaplanet Inc. raised ~$17.8 million (¥2.63 billion) in equity capital through the first two days of April to further our Bitcoin Treasury Operations.

➡️Of 2024’s Top Performing Stocks, Only Two Remain Positive in 2025 — Both Are Bitcoin Treasury Firms. - METAPLANET - STRATEGY

➡️Finally, Jack Dorsey's Block enables Bitcoin payments on merchant terminals. "We are working on it" - Jack

➡️The Bitcoin Fear and Greed Index is now back at "Extreme Fear". Hodl the line people, hodl the line!

➡️'Today, the United States stock market lost $1.65 trillion. To help understand that number, it’s more than all Bitcoin combined. Not one coin—every coin. The global supply of Bitcoin is currently worth $1.63 trillion.' - Documenting Bitcoin

Just to give you one more perspective, the stock market has had the single worst day since the Covid crash. Bitcoin went as low as $3,843 during the Covid crash, and now it's $82,000. That is ~21x increase in just 5 years.

➡️Now, no matter what will happen with Bitcoin's price. Not enough people ask how much purchasing power $? will still hold by in the future. The nominal price is only part of the story.

https://i.ibb.co/qY2Rsfn0/Gno-Qu-Ki-WEAEp-EAM.jpg

On the 4th of April:

➡️Fortnite added a Bitcoin mine to the new map.

➡️Mastercard plans to help users send Bitcoin and cryptocurrency. "We've made a sizable bet on this," said Mastercard’s head of digital assets yesterday. The company has 3 billion cards worldwide and over 100 million places that accept them. So you are telling me that Mastercard wants to use a p2p cash system, Bitcoin, wild. Suddenly is becoming more suddenly all of a sudden. Hello, game theory!

➡️Bitdeer releases test footage of their new Bitcoin mining computer. The SealMiner A2 Pro Hyd calculates 500,000,000,000,000 hashes per second. That's some serious computing power. Do you wonder what the energy bill looks like...

https://www.asicminervalue.com/miners/bitdeer/sealminer-a2-pro-hyd

➡️Treasury Secretary Scott Bessent admits "Bitcoin is a store of value". In an interview with Tucker Carlson.

'Bessent was asked, "Why is Gold moving around the world right now?" After giving a one-line answer, he immediately of his own accord started saying "Bitcoin is becoming a store of value" This is quite the signpost for those with eyes to see.',

Ray Dalio was right, there's a change in world order. But it ain't China, it's Bitcoin.

➡️"Bitcoin is showing signs of breaking free from the gravitational pull of technology stocks during the financial market turmoil of the last few days." - Bloomberg

“We think Trump’s aggressive move has sped up a re-thinking of BTC’s longer-term value in a portfolio.” - Augustine Fan

https://i.ibb.co/cX1FLwr5/Gntq-Le-EXEAAZg-QA.jpg

On the 5th of April:

➡️The mysterious inventor of Bitcoin, going only by the username Satoshi Nakamoto, set April 5th—today—as their birthday. No one knows why for sure, but the date may be symbolic: it’s the same day the U.S. ordered citizens to turn in their gold under Executive Order.

➡️'A new Bitcoin Improvement Proposal (BIP) from developer Agustin Cruz suggests destroying unspent transaction outputs (UTXOs) to protect Bitcoin from potential quantum computer attacks. The proposal, “Quantum-Resistant Address Migration Protocol” (QRAMP), would require users to move funds to quantum-resistant wallets before a deadline or face their coins being effectively burned.' -Bitcoin News

This would mean that Satoshi either becomes active again or his/her Bitcoin is forever gone. There should never be a requirement to force move your coins. Try some other quantum-resistant approach.

Any quantum-resistant upgrade to the Bitcoin network should be a soft fork and completely optional. It is unethical to delete anyone's funds if they don't upgrade within an allotted time limit.

On the 6th of April:

➡️'Bitcoin mining difficulty recently adjusted upwards by 6.81% to an all-time high. Expect more small/medium operators to shut down as margins evaporate. Only survivors- those with ultra-cheap power or hobbyists who don't mine for profit. 'Bitcoin miners are the ultimate Bitcoin psychopaths. If you think we'll turn our miners off, you don't understand Bitcoin.' -Tomas Greif

On the 7th of April:

➡️ETH/BTC has fully retraced 5 years, now down 11% over that timeframe. This is catastrophic for the thesis that new cryptos “with more utility” can sustainably outperform the OG Bitcoin.

Willy Woo: 'ETH "ultrasound money" traded at $1569 today. It traded at $1448 in Jan 2018, thus a compounded IRR of 1.2% for a 7-year investment. I just thought I'd post this to help ETH holders as comments like these are what it takes to help an asset put in a bottom.'

➡️ Luke Broyles: '5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% in total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money.

If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe, that would be a $600,000 Bitcoin in late 2026. I don’t care if Bitcoin is $50,000 or $600,000 next year. It is lower risk and more humanitarian than corporate paper.

Stocks had a higher human cost, less upside, and higher downside risk in time frames over 2 years. No matter what prices do I expect the S&P 500 to fall 80% against BTC in the next 5 years. I also suspect in 5 years $60,000 will sound as cheap as $4,000 and most will forget the pain of April 2025 like how most forgot March 2020.'

➡️ There are ~58 million millionaires in the world. And eventually, money printing will turn everyone into a millionaire. But there will only be 21 million bitcoin. 0.362 bitcoin per millionaire alive today. https://i.ibb.co/SDxYXYBz/Gn8-T-xc-XIAAc-GJM.png

➡️ Strategy discloses $5.91 billion in unrealized losses on its Bitcoin holdings for Q1 2025, according to a new SEC filing.

➡️ Cango increased its Bitcoin monthly production to 530.1 bitcoin in March, a 12% rise, with holdings reaching 2,474.8 BTC by month-end, up from 1,944.7 BTC in February. Deployed hashrate remained at 32 EH/s, with the average operating hashrate at 30.3 EH/s.

➡️'Bitcoin's MVRV for supply in loss drops to 0.88. This downturn is milder than previous major corrections in 2018 and 2022; investors remain cautiously optimistic rather than capitulating.' -Bitcoin News

💸Traditional Finance / Macro:

On February 20, JP Morgan CEO Jamie Dimon sold $234 million worth of JPM stock.

On February 22, Warren Buffett disclosed a record $334 billion cash balance. 30 trading days later, the Nasdaq 100 crashed -24%.

How did they know?

And just to show you how F'ed up the traditional markets are and acting like a memecoin:

On the 7th of April, the following sequence happened.

At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."

At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.

By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.

At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.

At 10:26 AM ET, CNBC reported that the 90-day tariff pause headlines were incorrect.

At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."

By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior.

Never in history have we seen something like this.

Wall Street now trades like meme coins.

So basically > a guy reported fake news > all of World Finance aped the news and added 2.5T to the market > The news is fake, so everyone dumped so basically, finance is just memecoins with suits.

What a world we live in...

On the 2nd of April

👉🏽'President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history. S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.' ...'After 3+ years of compounding inflation: 2025 is the year when President Trump, Fed Chair Powell, and Treasury Secretary Bessent all came to the same conclusion. A recession is the only remaining way for inflation AND rates to fall.' -TKL

On the 3rd of April:

👉🏽How bad was today's stock market decline? Of the 11,406 trading days since January 1980, only 29 had larger declines.

https://i.ibb.co/3mg85KLt/Gno34klb-QAAJs52.png

The Magnificent 7 Index is now down over -30% from its all-time high seen on December 18th. While the S&P 500 is down -7.5% year-to-date, most investors are down much more. Large-cap tech is beyond bear market territory.

The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020. US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%. The S&P 500 has lost ALL OF ITS RETURNS since March 2024.

Just to give you perspective. $10T, that’s a lot, right?
For context, the FED balance sheet is $6.7T. US M2 money supply $21.7T.

Meanwhile, Bitcoin is up ~30% in the same period.

March 2020:

The S&P 500 is down 13% Bitcoin down

24% April 2025:

The S&P 500 is down 13% Bitcoin is down 5%

Another perspective, the S&P 500 dropping 10% in two days happened in:

October 1987

November 2008

March 2020

April 2025

On the 4th of April:

👉🏽Retail investors bought $4.7 billion in stocks yesterday, the most in a decade.

On the 5th of April:

👉🏽You can say whatever you wanna say about good ol' Warren Buffett, but he is killing it. https://i.ibb.co/NgfqjF50/Gnudptr-XQAAHPSW.jpg"

🏦Banks:

👉🏽 no news

🌎Macro/Geopolitics:

On the 1st of April:

👉🏽The scandal surrounding Le Pen. She is accused of fraud for allegedly using European Parliament staff for her French party. While everyone in Brussels knows this is exactly how things have worked for years. The whole system is full of these kinds of grey areas and conflicts of interest. Of course, it's not right, but it's also nearly impossible to prove definitively without political motivation. It's a political prosecution, whichever way you look at it. Now, I am no fan of Le Pen, not at all, but isn't it interesting that the unelected ECB President, Christine Lagarde, was accused of fraud, but without a criminal record—so she could become president of the ECB?

What scandal is Christine Lagarde known for, and what was the outcome?

Christine Lagarde was involved in a scandal known as the "Tapie affair" in France. This took place when she served as Minister of Economic Affairs and Finance from 2007 to 2011 under President Nicolas Sarkozy. The scandal revolves around an arbitration ruling in 2008, in which French businessman Bernard Tapie was awarded €403 million in damages in a dispute with the state-owned bank Crédit Lyonnais over the sale of Adidas in the 1990s. Lagarde approved the arbitration, which later became controversial as critics claimed the process was unfair and that Tapie—a known friend of Sarkozy—had been favored.

The outcome of the case came in December 2016, when Lagarde was found guilty of "negligence" by the Court of Justice of the Republic (CJR), a special tribunal for French government officials. The judge cited her “personality” and “international reputation,” as well as the context of the economic crisis during which she had to make decisions. Following the verdict, she remained in her position as managing director of the International Monetary Fund (IMF), which she had held since 2011, and in 2019 she was even appointed president of the European Central Bank (ECB), showing that the scandal did not significantly harm her career. However, the case remains a topic of debate, especially due to the perception of class-based justice and the large amount of taxpayer money involved in the payout.

And that is just one example. Just look up all the scandals around Ursula von der Leyen, president of the European Commission. And remember, unelected. Or our own Dutch EU playboy, Frans Timmermans. Today, the EU Commission publicly admitted that NGOs were paid to lobby Members of the European Parliament in favor of the Green Deal. https://www.eppgroup.eu/newsroom/commission-admits-financing-undue-lobbying-activities

'The European Commission admits it has used EU funds that were supposed to "fight climate change" for financing left-wing NGOs and climate organizations to silence the voices of European conservatives in a secretive influence operation. The funds came from the LIFE Program, which is supposed to fund environmental initiatives and has had a total budget of EUR 9 billion since 2014.'

https://x.com/visegrad24/status/1908561357114352127

Nearly a quarter of the 705 Members of the European Parliament have at some point been involved in a scandal or legal violation, reports Follow the Money. It concerns a wide range of behaviors, says investigative journalist Peter Teffer from FTM — from parking fines to corruption. "Perhaps the most extreme case is a Greek MEP who is currently doing his job from prison."

As mentioned before, it's a political prosecution whichever way you look at it. More and more, judicial systems in the West are being weaponized to crush the political opposition of the globalist elites / the ones that are in power now. Supposedly to save 'the rule of law'. Is it all just a coincidence—or a pattern of lawfare? Ask yourself that question.

I will give you a hint...It’s a tale of two justices: Le Pen faces potential jail time for allegedly misusing €2.9M in EU funds, while Christine Lagarde, found guilty of mismanaging €403M, walks free and now runs the European Central Bank!

Giorgia Meloni strongly criticized the disqualification of Marine Le Pen from the elections: “No one who truly believes in democracy can welcome a decision that targets the leader of a major party and deprives millions of citizens of their right to representation.”

Meloni’s right, banning opposition leaders isn’t democracy, it’s soft authoritarianism. Le Pen’s party earned 42% in the last presidential runoff. Silencing millions through legal tricks is a dangerous game.

For the Dutch readers: https://i.ibb.co/9HHsR3z3/Gnbuq-Pi-Xc-AAB1ye.jpg

We need a DOGE in Europe!

👉🏽'Job postings on Indeed dropped -10% year-over-year last week to the lowest in 4 years. Over the last 3 years, job postings have declined -33%. As a result, available vacancies are just 8% above pre-pandemic levels. Additionally, NEW job postings have dropped -40% since February 2022 to near the lowest since December 2020. Data provided by Indeed has been a leading indicator for the BLS-provided job openings data, suggesting more weakness ahead. The labor market is deteriorating.' -TKL

👉🏽'Despite a drop in unemployment and a rise in the labor force participation rate, the growing burden of retirees and public spending recipients is weighing on our finances and blocking essential reforms.' https://www.lepoint.fr/argent/comment-la-dependance-des-electeurs-a-l-argent-public-bloque-les-reformes-en-france-01-04-2025-2586277_29.php?at_variante=Community%20Management

30 million French citizens are economically dependent on public funds. That’s 44% of the population. 60% of eligible voters consist of civil servants, retirees, the unemployed, and welfare recipients. This is why France must reform — but cannot reform. For the Dutch readers, please click here for more insight: https://x.com/hollandgold/status/1908182490130341985

👉🏽The Top 1% of U.S. earners now have more wealth than the entire middle class.

On the 2nd of April:

👉🏽President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history. As Luke Gromen mentioned last week: "Low tariffs on the world’s factories were part and parcel of the post-1971 structure of USD reserve status. Now that US tariffs are no longer low, the next shoe to drop will be a change to the post-1971 structure of USD reserve status."

UBS says a permanent implementation of President Trump's reciprocal tariffs would result in inflation rising to 5%. This would be a result of prices rising to "adjust to the higher costs of imports." We are on the verge of 5% inflation and negative GDP growth

'The rumor is that Trump is crashing the market so that The Fed cut the rate since several trillion of the national debt needs to be refinanced this year. When he refinances the debt on low rates he removes tariffs and the market moons.' -Bitcoin for Freedom

If true, that’s some 4D chess. The script would be: Get the 10-year down to sub 3.5, refinance the debt, initiate QE, roll back the tariffs, RF rate at 3.5% tech rips stocks up.

But I do find a problem with that theory. Most likely, tariffs will increase inflation, so there will be no QE. Trump is causing stagflation, which will kill jobs and businesses. The only people who benefit are oligarchs/the rich with extra cash to buy the dip.

👉🏽Almost every year since 08', GDP growth has been negative if you take out increases in government spending. You don't believe me:

https://i.ibb.co/8gLcnBT5/Gnke94-LWw-AAXHe-X.jpg"

Debt-fueled growth. Loosen monetary policy, FREE Money, ZIRP. Massive government spending has led to over 36T public debt with over $1T/yr. We have not fixed anything since 08. Just kicked the can down the road.

On the 3rd of April:

👉🏽Orthonormalist on Twitter cracked the tariff formula. It’s simply the nation’s trade deficit with the US divided by the nation’s exports to the US. Yes. Really. Vietnam: Exports 136.6, Imports 13.1 Deficit = 123.5 123.5/136.6 = 90% EU: exports 531.6, imports 333.4, deficit 198.2. 198.2/531.6 is 37, close to 39.

https://i.ibb.co/PG03LQwT/Gnmy-Krq-WQAAOf1-N.jpg

The fact that the Trump tariff rates are a simple calculation of the trade balance with that country means that the intention is to close the trade deficit, NOT negotiate for lower export tariffs. Seems the only way to avoid high tariffs is to improve the trade balance with the USA. Crude method, but ingenious all the same. Whether this approach is wise depends entirely on your economic priorities. Do you value balanced trade above all else, or do you prefer more nuanced economic efficiency and diplomatic stability?

Bottom line: simplistic, yes. Insane, no. Worth debating? Absolutely. Just some examples, the US administration imposed a 10% tariff on exports from Heard and McDonald Islands populated only by penguins. What a time to be alive.

https://i.ibb.co/DHdHRgSd/Gnm5-Eh-OXEAAy-GVc.jpg

I really love the Netflix series Peaky (focking) Blinders. The tiny island of St Pierre et Miquelon, featured in Peaky Blinders, St Pierre was a big warehouse for alcohol headed to the US, now got a 50% tariff because somebody bought 3.4 million worth of goods in July 2024 (most likely crustaceans). The 5,8k inhabitants "only" bought 100k worth of US goods in 2024. In the case of St Pierre, it's funny, but tragic in many others.

The tiny island of St Pierre et Miquelon got a 99% tariff because somebody bought 3.4 million worth of goods in July 2024 (most likely crustaceans) The 5,8 k inhabitants "only" bought 100k worth of US goods in 2024

Students for Liberty:

"It’s bold. It’s nationalist. It’s flawed. Because you can’t tariff your way to prosperity. And you can’t revive American industry without fixing what’s broken. The enemy isn’t foreign competition. It’s a big government. That’s what classical liberals have always warned: When the state manipulates markets, prints money, and micromanages trade, it always ends up hurting the very economy it claims to protect. Tariffs won’t save America. But freedom, competition, and reform might."

Trump and Bessent are orchestrating a grand economic reordering on US terms.

👉🏽President Trump invites President Bukele to the White House to discuss "ways we can support each other."

👉🏽China urges the US to "immediately" cancel reciprocal tariffs or they will take "counter-measures." Reciprocal tariffs on reciprocal tariffs should begin within the next 24 hours.

'China has three options: 1. Concede defeat to whatever terms Trump demands 2. Devalue the yuan by 20-40% 3. Unleash the biggest fiscal stimulus in its history (talking $2-3 trillion), which will push its debt off the chart' - ZeroHedge

I am not sure about that though. China isn’t collapsing—but it’s facing real structural headwinds: an aging population, a deflating housing bubble, rising youth unemployment, declining productivity, and global pushback.

Meanwhile, the U.S. still has deep capital markets, global alliances (well, let's see how the tariffs war will play out haha), energy independence, and innovation leadership.

So no—this is not “China checkmate.” It’s the start of a very long game.

👉🏽China claims that they found 2k+ TONNES of new Gold in the past 6 months that could reshape global markets. You can mine more gold if you want, but you can't mine more Bitcoin. That's the difference.

👉🏽That was quick: Thailand to Negotiate With the US on 36% Imposed Tariffs: PM Next: everyone else

👉🏽The European Union is preparing further countermeasures against newly announced US tariffs of 20%, per CNBC.

Apparently, no one is asking why, if these import tariffs are so harmful, the EU itself imposed high tariffs on imports for years. Tariffs that were actually higher than what the U.S. imposed on EU goods — which is what triggered the conflict in the first place.

On the 4th of April:

👉🏽The "World War 3" of Trade Wars Has Begun: Americans are waking up to the first MAJOR tariff retaliation against President Trump. China has announced 34% tariffs on ALL US goods with the S&P 500's 2-day losses now at -$3.5 TRILLION.

👉🏽'The last time the market dropped 9.5% in two days, the Fed unleashed a multi-trillion bailout of the economy including $500BN in QE, $1 trillion daily repo, and tens of billions in junk bond ETF purchases.' - ZeroHedge

👉🏽Treasury Secretary Scott Bessent tells Tucker Carlson - The top 10% of Americans own 88% of equities, and 88% of the stock market. The next 40% owns 12% of the stock market - The bottom 50% has debt - In the summer of 2024: more Americans were using food banks than they ever have in history

On the 5th of April:

👉🏽EU financed targeted campaigns against political opponents and uncomfortable voices.

👉🏽Germany considers withdrawing 1200 tons worth of gold from a US Federal Reserve vault following new tariffs.

👉🏽'On Thursday ALONE, hedge funds sold $40 BILLION of stocks in their largest daily selling spree since 2010. Short sales exceeded longs by 3 TIMES, with North American stocks accounting for 75% of volume.' -TKL

👉🏽'US job cut announcements spiked 205% year-over-year to 275,240 in March, the 3rd-highest monthly reading on record. This is also up 60% from the previous month when 172,017 cuts were announced. Moreover, this is higher than in any month during the 2008 Financial Crisis and the 2001 recession. Year-to-date, US employers have announced 497,052 job cuts, the highest quarterly total since Q1 2009. The US government has led all sectors with 216,215 cuts in March and 279,445 cuts year-to-date, up 672% from Q1 2024' -TKL

On the 7th of April:

👉🏽Hong Kong's stock market closes down 13.2%, the biggest one-day drop since 1997, and China's stock market officially opens with a -10% drop. China's stock market suffers worst single-day crash since 2008. And this isn't a meme coin, it's the Japanese stock market

https://i.ibb.co/7dqwPSc4/Gn5-Hjqc-Xw-AAzn-Yv.jpg

👉🏽European Commission president Ursula von der Leyen says the EU stands ready to negotiate a zero-for-zero tariff deal with the United States. Meanwhile, the President of the European Central Bank: The European Union wants to abandon the American credit cards Visa and Mastercard, PayPal, and Alipay. Make up your goddamnn minds ladies.

👉🏽If China invades Taiwan, the stock market gets cut in half. Apple, Nvidia, all of it. Conflict/trade issues would cause a global recession on top of it. It would make tariffs and Ukraine look like nothing. Immediate global disaster. Still the ultimate risk. Please read Ray Dalio's book The Changing World Order. When, not if...The fourth turning is real.

https://i.ibb.co/yFw7CkLg/Gnd6yqy-Ww-AAb-GFz.jpg

I am convinced this will happen because they need an excuse for why the market crashed or will crash in the future. The entire system in the USA and China is broken. No money, all fake, constant inflation, and debt.

War solves it for both, as mentioned in my quote at the start of this week's Weekly Recap.

I will end this week's Weekly Recap with the following quote made by Bitcoin Archive:

'Bitcoin is a neutral, global commodity without counterparty risk. Zero tariffs. The only commodity with a verifiably limited supply. 21 million forever. Your 0.01 BTC is the same quality as BlacRock's $50b.'

🎁If you have made it this far I would like to give you a little gift:

Start by taking 30 minutes to watch this video. Spend under 40 minutes of your time watching and showing you simply and compellingly what the problem is and the potential solution. Bitcoin.

https://www.satsvsfiat.com/en/#watch

After watching that video, I have another great video: https://youtu.be/k3NN_NZOdhY?si=xwBkv2lRHvEdCA0y

$13 trillion on war over the past two decades: Funded by inflation, hidden taxes, and silent theft. This is how fiat money became a weapon. In this episode with Lyn Alden: 'This might have been my top interview last year. In person at a conference in Madeira. Published today. An evergreen discussion on the Broken Money thesis. The history of monetary technology and its impacts on current socioeconomic realities.'

Credit: I have used multiple sources!

My savings account: Bitcoin The tool I recommend for setting up a Bitcoin savings plan: PocketBitcoin especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly.

Use the code SE3997

Get your Bitcoin out of exchanges. Save them on a hardware wallet, run your own node...be your own bank. Not your keys, not your coins. It's that simple. ⠀ ⠀

⠀⠀ ⠀ ⠀⠀⠀

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⭐ Many thanks⭐

Felipe - Bitcoin Friday!

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