#Bitcoin - what if 👀 | The_Eagle100 on Binance Square

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#Bitcoin - what if 👀

#Bitcoin  - what if 👀

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Is #Grayscale done selling their Bitcoin? 🤔 Today they only moved 1 Bitcoin to #coinbase 👀 This is the lowest since the ETF launch. Bullish🚀

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BITCOIN WHALES HOLDING 1K-10K BTC HAVE ACCUMULATED 266,000 BTC WORTH $17.8 BILLION IN JUST 4 MONTHS 1.4% OF THE BTC TOTAL SUPPLY HAS BEEN SCOOPED IN JUST 4 MONTHS BY WHALES, AND YOU'RE STILL BEARISH BE PATIENT AND DONT GET SHAKEN OUT.

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BITCOIN WHALES HOLDING 1K-10K BTC HAVE ACCUMULATED 266,000 BTC WORTH $17.8 BILLION IN JUST 4 MONTHS 1.4% OF THE BTC TOTAL SUPPLY HAS BEEN SCOOPED IN JUST 4 MONTHS BY WHALES, AND YOU'RE STILL BEARISH BE PATIENT AND DONT GET SHAKEN OUT.

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🤓How do the 0.1% get to keep the wealth??? This is a brilliant question, and it warrants a more detailed answer than something. I can write in a response so I decided to explain it here as to why those closest to the money printer make the most money and the plebs down the line do not. Here is the breakdown: Central banks, such as the Federal Reserve in the U.S., create more money, which they often do by lowering interest rates or buying financial assets like bonds. Banks and financial institutions are usually the first to receive this new money. Banks get this money through loans or other financial deals from central banks. They use this money before it spreads throughout the economy, investing it or lending it out, often making a good profit because they use the money before prices go up due to more money being in circulation. This new money usually moves from banks to big companies and wealthy people who invest in things like stocks, bonds, and real estate. Since there's more demand for these assets, their prices go up, mainly benefiting those who already have investments in these areas. THE MAGIC PART: Large companies and Banks enjoy lower borrowing costs from these lower interest rates. They might issue new bonds at these lower costs, buy back their own shares to increase their stock prices, or even buy other companies. This mainly increases wealth for people who own shares in these companies or who run them. The government also spends new money on projects or services, often awarded to big companies. These companies benefit directly from this government spending and use it to make more money. Regular workers receive this new money last, usually in the form of their wages. By the time they get it, prices for things they need to buy may have already gone up due to inflation, which means they don't get as much out of this new money as those who received it first. There is NO TRICKLE DOWN economics - there is only the Cantillon Effect

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🚨🚨🚨Credit card delinquencies🙈🙈🙈🚨 Credit card delinquencies are approaching levels not seen since the global financial crisis, with no signs of slowing down evident on the chart. It's crucial that the FED see this and take notice of this troubling trend. This situation poses a significant risk to many households. Please exercise caution with your credit use. 🚨Always avoid carrying a balance with an interest rate over 10%—make it a priority to pay it off by any means necessary🚨

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