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Uzbekistan & Morocco Embrace Bitcoin
Sats O'Clock
June 29, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's June 29, 2022.
Bitcoin is hovering around $20K at the time of writing.
Uzbekistan understands the positive effect of Bitcoin mining.
JUST IN: Solar-powered #bitcoin mining will be tax free in Uzbekistan πΊπΏ
β Bitcoin Magazine (@BitcoinMagazine)
11:54 AM β’ Jun 28, 2022
Snoop Dogg is bullish on blockchain technology.
Snoop Dogg says record labels are "better served on the #blockchain than sitting in a catalog collecting cobwebs."
β Watcher.Guru (@WatcherGuru)
4:20 AM β’ Jun 29, 2022
Mexico is considering making Bitcoin legal tender.
Mexican Senator Indira Kempis introduced a bill to make #bitcoin legal tender earlier this year π²π½
Her proposal is still under review.
β Bitcoin Magazine (@BitcoinMagazine)
5:27 PM β’ Jun 28, 2022
Another round of stimulus is on the horizon.
California prepares to send out $2100 "inflation relief" checks to offset the inflation caused by the $1050 "inflation relief" checks
Next week California will send out $4200 "inflation relief" checks to offset the inflation from the $2100 "inflation relief" check
β zerohedge (@zerohedge)
5:29 PM β’ Jun 28, 2022
More Brazilians getting access to Bitcoin.
JUST IN - 53 million Brazilians can now buy #bitcoin through digital bank Nubank π§π·
β Bitcoin Magazine (@BitcoinMagazine)
3:35 PM β’ Jun 28, 2022
Some truth.
An interesting pattern on exchange deposits and withdrawals.
#Bitcoin Balance on Exchanges:
Coinbase π
Binance πAny idea what is driving this almost perfect negative correlation?
β Bitcoin Archive πππ (@BTC_Archive)
10:02 AM β’ Jun 28, 2022
Following Hublot and Tag Heuer, another luxury watchmaker now accepts Bitcoin.
JUST IN: Luxury watchmaker Breitling now accepts #bitcoin π
β Bitcoin Magazine (@BitcoinMagazine)
2:03 PM β’ Jun 28, 2022
Russia is removing VAT taxes on crypto sales.
JUST IN: π·πΊ Russia has passed a bill to remove VAT taxes on #cryptocurrency sales.
β Watcher.Guru (@WatcherGuru)
8:45 PM β’ Jun 28, 2022
Morocco seems to be getting ready to embrace Bitcoin.
Global inflation rates. What are you doing about this?
Global inflation rates:
πΊπΈ - 8.6%
πͺπΈ - 8.7%
π³π± - 8.8%
π¬π§ - 9.1%
π§π· - 11.7%
π΅π± - 13.9%
π·πΊ - 17.1%
π¦π· - 60.7%
πΉπ· - 73.5%
π»πͺ - 167%#Bitcoin is the escape hatch.
β Bitcoin Magazine (@BitcoinMagazine)
11:43 PM β’ Jun 28, 2022
If you missed it...
A legendary moment 13 years ago.
It's still running Hal π§‘
β HODL never SODL δΈ° πΈπ» π¨π« π΅π¦ (@HODLneverSODL)
7:55 PM β’ Jun 28, 2022
As shared in previous letters with Nic Carters insight, some miners have started to fail, Compass Mining is currently in the spot-light.
The CEO and CFO of Compass Mining have both resigned.
Trouble brewing.
β Dylan LeClair π (@DylanLeClair_)
9:09 PM β’ Jun 28, 2022
More stimulus is on the way.
Got hedge protection? #Bitcoin
β Sats O'Clock (@satsoclock)
3:30 AM β’ Jun 29, 2022
FINAL THOUGHTS
Remember, if you're not stacking, someone else is!
The smart money is accumulating #Bitcoin at these prices.
βBitcoin Getting Heavily Accumulated as Number of 10K BTC Addresses Soarsβ u.today/bitcoin-gettinβ¦
β Max The Holy Bitcoin Apostle πΈπ»π𧑠(@maxkeiser)
1:41 PM β’ Jun 28, 2022
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