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9.1% Inflation as South Africa & Saudi Arabia Look At Bitcoin

9.1% Inflation as South Africa & Saudi Arabia Look At Bitcoin

Sats O'Clock
July 14, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's July 14, 2022.

Bitcoin is hovering around $20K at the time of writing.

South Africa is embracing Bitcoin.

💥SOUTH AFRICA: #Bitcoin and crypto to be regulated as financial assets by Central Bank.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
7:42 AM • Jul 14, 2022

Inflation is now 9.1%

BREAKING: Inflation just hit 9.1% in the United States.
Unreal.
— Pomp 🌪 (@APompliano)
12:32 PM • Jul 13, 2022

And the president doesn't think the data is accurate.

The President of the United States is now openly admitting that the inflation numbers are inaccurate.
— Pomp 🌪 (@APompliano)
1:50 PM • Jul 13, 2022

Celsius has filed for Chapter 11 bankruptcy.

BIG NEWS 🗞️ #Celsius Network files Chapter 11 protection and announces that the company has initiated a financial restructuring.
#Bitcoin#Crypto
— Plan©️ (@TheRealPlanC)
12:30 AM • Jul 14, 2022

Bitcoin is freedom.

Everywhere in the world, #Bitcoin represents freedom, money, & hope. http
— Michael Saylor⚡️ (@saylor)
8:19 PM • Jul 13, 2022

More ATMs will get Bitcoin availability.

💥BREAKING: 175,000 ATMs will be #Bitcoin enabled in a partnership between DigitalMint and Hyosung America
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
3:59 PM • Jul 13, 2022

Global inflation rates.

Global inflation rates:
🇱🇧 - 211%
🇸🇩 - 192%
🇿🇼 - 192%
🇻🇪 - 167%
🇸🇾 - 139%
The world needs #Bitcoin
— Bitcoin Magazine (@BitcoinMagazine)
3:16 PM • Jul 13, 2022

Global inflation rates:
🇳🇱 - 8.6%
🇺🇸 - 9.1%
🇬🇧 - 9.1%
🇪🇸 - 10.2%
🇧🇷 - 11.9%
🇵🇱 - 15.6%
🇷🇺 - 15.9%
🇦🇷 - 60.7%
🇹🇷 - 78.6%
🇻🇪 - 167%
#Bitcoin is the escape hatch.
— Bitcoin Magazine (@BitcoinMagazine)
8:26 PM • Jul 13, 2022

Remember, not your keys, not your coins.

When BTC hits $100k, it won't matter whether you got it for $21k or $19k.
Learning to secure your #Bitcoin is what's important.
— McShane (@mcshane_writes)
8:08 PM • Jul 13, 2022

Will Saudi Arabia adopt Bitcoin?

JUST IN: 51% of #Bitcoin and crypto investors in Saudi Arabia believe it is the future of finance – KuCoin survey 🙌 🇸🇦
— Bitcoin Magazine (@BitcoinMagazine)
10:40 AM • Jul 13, 2022

TWEET OF THE DAY

CPI has surged to 9.1%.
Only 9.1% of 21m #Bitcoin remain unmined.
— McShane (@mcshane_writes)
10:10 PM • Jul 13, 2022

Some simple math.

With 9.1% inflation it takes 6.5 years to lose half of your purchasing power.
— Amjad Masad ⠕ (@amasad)
7:29 PM • Jul 13, 2022

Reminder... you're still early.

A picture is worth….
— Greg FOSS - Free Open... 🇨🇦 (@FossGregfoss)
8:23 AM • Dec 3, 2021

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