The Stablecoin Revolution: Battle For Republican Financial Global Emancipation

waqar-jamil (42)in #bitcoin • last year

Introduction: Bitcoin Exchange-Traded Funds (ETFs)

*Urgency for bitcoin is soaring, driving demand for investment products.
*Bitcoin ETFs are one such product sorely needed as bitcoin becomes increasingly scarce.
*ETFs track indices, commodities, or assets, providing a basket of securities.
*They can be traded like stocks, offering flexibility and quick reactions.

Key Advantages of ETFs for Investors:

ONE: Low Costs and Tax Efficiency:

*ETFs have lower expenses compared to traditional mutual funds.
*They generate fewer capital gains distributions, saving taxes.

TWO: Flexibility and Portfolio Adjustments:

*ETFs can be traded throughout the day like stocks.
*Quick adjustments for specific strategies or asset allocation.

THREE: Diversification for Risk Reduction:

*ETFs help spread risk by investing in various securities.
*Exposure to multiple asset classes, sectors, or regions.

Types of Bitcoin ETFs:

*Bitcoin Spot ETFs: Hold bitcoin directly, backed by secure custody.
*Bitcoin Futures ETFs: Use futures contracts to track bitcoin's value.
*Bitcoin Mining ETFs: Allow exposure to profits of mining companies.
*Short Bitcoin ETFs: Profit from bitcoin value decline.
*Long Bitcoin ETFs: Profit from bitcoin value increase.

Why the Need for a Bitcoin ETF?

*Regulated way to access bitcoin for unfamiliar investors.
*No need to directly hold or safeguard bitcoin.
*Offers liquidity, easy trading, and regulatory oversight.

How Does a Bitcoin ETF Work?

*Investors buy ETF shares, representing bitcoin holdings.
*ETF price determined by market demand and bitcoin value.
*Fund provider secures bitcoin, handles buying and selling.
*Shares traded on stock exchange, providing flexibility.

History of Bitcoin ETFs

*No approval for spot bitcoin ETFs in the US.
*Approved futures-based bitcoin ETFs.
*Spot ETFs from BlackRock and others expected to be approved.

Pros and Cons of Bitcoin ETFs:

PROS:

*Access to bitcoin without direct ownership.
*Simplifies storage and security concerns.
*Enhances liquidity and reduces costs.
*Regulated and transparent investment.

CONS:

*Regulatory concerns on market manipulation.
*Futures-based ETFs may enable manipulation.
*Reliance on fund provider introduces counterparty risk.

Should You Buy a Bitcoin ETF?

*Assess investment goals, risk tolerance, and understanding.
*Thorough research and professional advice recommended.
*Provides exposure to bitcoin's potential without direct ownership.

Choosing the Right Bitcoin ETF

*Regulatory approval and reputable exchange listing.
*Understand backing (physical bitcoin or futures contracts).
*Evaluate expense ratio, liquidity, and fund provider reputation.

Tax Implications of a Bitcoin ETF

*Sale or redemption of ETF shares may result in capital gains or losses.
*Income distribution from ETF may be subject to taxation.
*Consult a tax advisor to understand and comply with regulations.

Conclusion: Making Informed Decisions

*Bitcoin ETFs offer regulated exposure to bitcoin.
*Understand mechanics, assess risks and rewards.
*Navigate the evolving world of cryptocurrencies with due diligence.

Bitstamp:

Starting August 29, Bitstamp, a crypto exchange based in Luxembourg, will stop Americans from trading certain altcoins, like Axie Infinity, Polygon, Solana, Decentraland, Chiliz, and the NEAR Protocol.

However, users can still take out these cryptocurrencies or keep them in their wallets. The exact reason for this change is not given, but it's likely because U.S. regulators, including the Securities and Exchange Commission, see these cryptocurrencies as unregistered securities.

Bitstamp regularly reviews the cryptocurrencies it offers due to changing regulations, and this decision is influenced by recent developments in the U.S. regulatory environment.

PayPal Moving Market:

PayPal's Stablecoin Launch and Congressional Concerns:

*Democratic Congresswoman Maxine Waters expressed concerns about PayPal launching its own stablecoin without federal regulatory approval.
*Waters emphasized the need for federal oversight due to PayPal's size and reach.
*PayPal introduced PYUSD stablecoin on Ethereum, aiming to compete with Tether and Circle in the $125-billion stablecoin market.
*Stablecoins are tokens pegged to a sovereign currency, often backed by assets like U.S. Treasuries.
*Federal Reserve Chairman Jerome Powell supports strong federal regulation of stablecoins.
*Waters highlighted the importance of federal guardrails for stablecoins, especially since they represent a new form of money issuance.

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Why The Republican Bill is Superior:

*State-Level Regulation: The Republican-led House Financial Services Committee advances a bill that allows stablecoins to be issued under state regimes. This approach potentially offers more flexibility and tailored oversight compared to a centralized federal framework.

*Diverse Regulatory Environment: State-level regulation could encourage competition among states to create favorable environments for stablecoin innovation, potentially leading to more efficient and adaptable regulations.

*Avoiding Centralization: By avoiding a heavy-handed federal regulatory approach, the Republican Bill may help prevent excessive centralization of power, allowing for a variety of regulatory approaches that could benefit investors and consumers.

*Innovation and Economic Growth: A state-centric approach could foster innovation by allowing experimentation with different regulatory approaches. This flexibility might stimulate economic growth and technological advancement in the stablecoin space.

*Potential for Tailored Solutions: Different states could adopt regulations that suit their unique economic conditions and financial ecosystems, potentially providing more targeted solutions and mitigating risks.

*Faster Implementation: The bill's focus on state-level regulations might lead to quicker implementation compared to a more complex federal regulatory framework.

*Reduced Burden on Federal Agencies: State-level regulation could lessen the burden on federal agencies while still ensuring consumer protection and regulatory oversight.

Waters believes the current Republican bill lacks effectiveness and urges collaboration for a better solution that safeguards consumers and the financial system.

Stablecoins:

https://www.coingecko.com/en/coins/tether
https://www.coingecko.com/en/coins/pax-gold
https://www.coingecko.com/en/coins/usd-coin
https://www.coingecko.com/en/coins/dai
https://www.coingecko.com/en/categories/stablecoins
https://www.coingecko.com/en/categories/seigniorage

Stocks: If it's going down, wait for it to correct before entering, so you don't buy a falling knife. If it's going up wait for it to correct before entering, so you don't buy at the top.

COVID hospitalizations up in US:
https://finviz.com/quote.ashx?t=CYH&p=d
https://finviz.com/quote.ashx?t=THC&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=MRNA&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=LAB&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=JNJ&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=NLS&ty=c&ta=1&p=d

US planning to return to moon:
https://finviz.com/quote.ashx?t=SPCE&ty=c&ta=1&p=d

ETF: Cash Flow Kings: FLOW
https://finviz.com/quote.ashx?t=IEO&ty=c&ta=1&p=d (when oil goes up, this is the ETF)

China Stock:
https://www.chartmill.com/stock/quote/MOXC
https://www.chartmill.com/stock/quote/EH/profile
https://finviz.com/quote.ashx?t=HCM&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=IQ&ty=c&ta=1&p=d

Cancer Stock:
https://finviz.com/quote.ashx?t=RENB&p=d
https://finviz.com/quote.ashx?t=IQV&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=OLMA&ty=c&ta=1&p=d

Nuclear:
https://finviz.com/quote.ashx?t=FLR&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=SMR&ty=c&ta=1&p=d

Sports:
https://en.wikipedia.org/wiki/Pickleball
https://finviz.com/quote.ashx?t=FUBO&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=MANU&ty=c&ta=1&p=d
https://finviz.com/quote.ashx?t=SWBI&ty=c&ta=1&p=d

Digital Assets: during an alt coin season, these coins make excellent swing trades or trend trades, however during a "crypto winter" they can lose 80% of their value fairly quickly as they lose steam, so monitoring for dumpage is very important.

History:
https://en.wikipedia.org/wiki/Charles_Maurice_de_Talleyrand-P%C3%A9rigord
https://en.wikipedia.org/wiki/Walter_Winchell
https://en.wikipedia.org/wiki/Henry_Blodget
https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds
https://historicalhorizons.org/2015/05/15/william-duer-americas-first-wall-street-villain/
https://en.wikipedia.org/wiki/Henry_Lee_III
https://en.wikipedia.org/wiki/Alexander_Hamilton
https://en.wikipedia.org/wiki/Daughters_of_the_American_Revolution

Cancer Survivor:
https://en.wikipedia.org/wiki/Michael_Milken
https://en.wikipedia.org/wiki/Milken_Institute

Medicine: What is Paget's Disease?
https://en.wikipedia.org/wiki/Paget%27s_disease_of_bone

Video, good shows:
https://www.youtube.com/@TheCompoundNews

Biographer of Successful Traders:
https://jackschwager.com/books-by-js/
Jack Schwager - expert on futures

Intelligent Investing:
https://jasonzweig.com/

clothing price not related to durability:
https://issuu.com/hubbubuk/docs/2023-07-18_hubbub_primark_durability_report_issuu

Democrat Ted Wheeler and Democrat Joe Biden's Quantitative Tightening has enslaved women into slavery and prostitution. Going soft on criminals? Bad move. Support the police! America, crime is sky rocketing under the stolen democrat regime. DO NOT LET THEM GET AWAY!

Lana Del Rey working as a waitress at a Waffle House now:
https://www.dailymail.co.uk/tvshowbiz/article-12323645/Lana-Del-Rey-shocks-fans-working-waitress-Waffle-House.html

https://abcnews.go.com/US/after-6-women-found-dead-portland-officials-warn/story?id=99838337
https://edition.cnn.com/2023/08/02/us/fbi-portland-woman-cinder-block-dungeon/index.html
https://www.msn.com/en-us/news/crime/woman-knocked-unconscious-in-random-nw-portland-attack-suspect-wanted/ar-AA1eI1PI#:~:text=P%20ORTLAND%20Ore.%20%28KPTV%29%20%E2%80%93%20Police%20are%20asking,17th%20Avenue%20and%20Southwest%20Yamhill%20Street%20on%20Friday

#crypto #stablecoins #stocks #economy #crime #etf #government

last year in #bitcoin by waqar-jamil (42)

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