Real monkeys paw action here tho because I always liked the idea of BTC as a viable alternate to USD, but, not like this.
Like… what!?
I have no words.
The whole monica lewisnky thing happened because there was an investigation into Clinton making maybe 100k off a partnership with a guy who later got arrested.
Granted that was over 20 years ago now, but like, hillarys emails???
It seems like lots of high level officials are being irresponsible in handling condfidential information.
Either the rules are counter-intuitive, or difficult to follow, or officials are highly incentivized not to follow them.
But for some reason, lots of them aren't.
It makes public accountability very difficult.
Note that this is actually quite different from the Mar-a-Lago case where Trump was asked to return documents, he said he did, then said he didn't have them, then asked people "what if we just said we didn't have them", then he was asked to return them again, and he said he didn't know anything about it.
How exactly are you supposed to respond to the republican weaponization of the investigatory process for partisan political gain?
In the grand scheme of things, it really actually was not a "big deal".
Literally nobody (sane) in the security community would ever say that. On the contrary, they'll tell you that running your own email server for any reason is a whole can of worms that nobody wants to mess with, and if you give them twenty minutes of your time to listen intently, they'll list you a whole laundry-list of reasons why.
There's a been a lot of people doing moves ahead of other tariffs announcements.
They see a giant position placed ahead of a movement in the market and then ask the exchange who placed those trades. The only difference between an exchange and crypto is that cypto you can also see.
If potato prices rise but soybean prices fall, then you can say potatoes got more expensive, soybeans got cheaper, and the dollar is worth the same. But if prices go up all across the economy in general, that is dollar devaluation.
Side question - would you consider the converse, globalization, to be a deflationary force?
Bitcoin maybe as useless as gold, but that doesn’t make it more or less valuable.
Specifically, central banks run by scammers and imbeciles. Nobody with any brains is going to put their reserves in something whose only value comes from the existence of greater fools and has the downside of propping up the North Korean government.
China announced their rare-earth restrictions on 10/9. Trump predictably over-reacts with tariffs on 10/10. The trader had plenty of reason to expect new tariffs, and some reason to expect Bitcoin to go down.
If I were corrupt, I'd always make sure there was some justifying event in advance of my trade, even if I knew there was to be some precipitating event for a market swing. Plausible deniability.