BITCOIN: “Fox Business” seems to have not noticed who else is seeing “the value of their currency get devalued”

Tuesday, April 21, 2026

https://x.com/BitcoinMagazine/status/2044521149078376730?s=20&utm_medium=email&_hsmi=27161101&utm_content=27161101&utm_source=hs_email

Bitcoin Magazine
@BitcoinMagazine
Apr 15

*** begin quote ***

JUST IN: Fox Business reports that Bitcoin “is a lifeline for many of the Iranian people as they see the value of their currency get devalued.” 🇮🇷

“You can’t freeze somebody’s Bitcoin in the same way you can freeze somebody’s stablecoin”

*** end quote ***

</sarcasm> … IRANIAN …  <sarcasm/>

“Fox Business” seems to have not noticed that “We, The Sheeple” in the good old US of A is getting “the value of their currency get devalued”!

The purchasing power of the U$D … …

*** begin quote ***

AI Overview

The purchasing power of the U.S. dollar (USD) has consistently declined over the long term due to inflation, losing over 90% of its value since 1913. As of early 2026, the consumer dollar’s purchasing power sits near historic lows, measuring approximately 30.3 cents compared to the 1982-1984 base of 100 cents.
Key Aspects of USD Purchasing Power:

Long-Term Decline: The USD has experienced significant devaluation, with 2020 purchasing power equal to only about $1.00 relative to $26.14 in 1913.

Inflation Impact: Purchasing power decreases when inflation rises; it fell about 7.4% between 2021 and 2022 alone.

Current Value: According to, the value of the consumer dollar is at a historic low.

Regional Variation: $100 has different purchasing power across the U.S., generally going further in rural areas and less in large metropolitan areas.

Real vs. Nominal Income: While the dollar has lost value, rising nominal incomes mean consumers may have higher purchasing power in terms of time worked, though they may feel squeezed by rising costs for essentials like housing.

Tools to Measure and Track:

BLS Inflation Calculator: Used to calculate the purchasing power of a dollar over time.
FRED Economic Data: Provides the official Consumer Price Index data for purchasing power.
Purchasing Power Map: Visualizes the real value of $100 by state.

*** end quote ***

… … </sarcasm> … The FED even publishes the “dollar’s demise” … <sarcasm/>

AI can quickly inform with specific citations. 

SO don’t believe me, or the Internet; believe AI!

Argh!

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BITCOIN: OPSEC with your ₿itcoin holdings

Wednesday, May 28, 2025

https://blog.bitbox.swiss/en/dont-talk-about-your-bitcoin/?utm_source=brevo&utm_campaign=BitBoxNewsEN039&utm_medium=email

Bitcoin

Don’t talk about your bitcoin!

Why operational security and being mindful with whom you share information is an important aspect of Bitcoin security.

Sebastian

22 May 2025 • 6 min read

*** begin quote ***

Avoid bragging

Putting the altruistic idea of peer-to-peer cash aside, Bitcoin has been a great asset to own over the last few years when it comes to return on investment. Many have purchased their coins at significantly lower prices than we see today, and some may even consider themselves rich now – and that’s great!

However, this high financial success can also result in a need to share the story with family members, friends or even strangers. First and foremost, you should be aware of when this “desire to brag” comes up and stay on top of it. It may be perfectly fine to share the fact that you own bitcoin with a close friend, but it may be out-of-line to share how much bitcoin you own with a stranger in a café, where even more strangers might be listening in. Of course, this entirely depends on your personal situation and how you value your privacy at any given moment.

In any case, bragging about your wealth is rarely a good idea, especially in front of strangers. The main reason for this is how difficult it can be to accurately predict what the other person is gonna do with the information that, for example, you “own six figures in bitcoin”. They may forget it five minutes later, but they might also start to envy you, develop negative feelings – or in the worst case, come up with a plan on how to get a slice of the pie!

Even if you do want to tease your friends and family a bit with your “Bitcoin gains”, it’s probably better to do so in a private environment and without revealing too many specifics. This is not to say you shouldn’t trust anyone at all, but to be more aware of who you entrust with what information.

*** end quote ***

No one needs to know about your bitcoin holdings except the executor of your estate.

One of the more interesting USE CASEs of ₿ is the ability to transfer assets without the Gooferment involvement.  And, this is important even if you’re NOT in a Third World Country.  Here in the USA, the IRS wants you to report all capital gains.  Even in ₿!  They have coerced the various Crypto Exchanges to cooperate by rating you out to the IRS under KYC rules.

Remember not your keys; not your coins.  

AND

TRUST NO ONE, EVER.

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BITCOIN: Why does the USA want or need a Strategic Bitcoin Reserve

Monday, March 17, 2025

https://manage.kmail-lists.com/subscriptions/web-view?a=RLfipm&c=01HZQZ7P4XRM5XQMEEP6TE2D8R&k=236623793f7051989702ab4333096b92&m=01JNS8CVYW45M6PSCAY7A9XXER&r=01JNSDHS6WQ76EWT97ZNJZBNPB

March 07, 2025 | Block Height 879,567
Bitcoin Price Live | Bitcoin Magazine Pro
Hey Bitcoiner!

Check out today’s top Bitcoin news stories:

BREAKING: 🇺🇸 President Trump signs executive order officially creating a #Bitcoin Strategic Reserve.

JUST IN: 🇺🇸 The White House calls Bitcoin “digital gold” and says “there is a strategic advantage to being among the first nations to create a Strategic Bitcoin Reserve.”

JUST IN: 🇺🇸 President Trump’s Crypto Czar David Sacks said “We’ve decided that Bitcoin is scarce, it’s valuable, and that is strategic for the United States to hold on to this as a long-term reserve asset.”

JUST IN: 🇺🇸 Coinbase CEO says, “I expect many of the G20 to follow” the USA in establishing Strategic #Bitcoin Reserve

# – # – # – # – # 

Dear Usual Suspects:

I’m not sure why the USA or any Gooferment need a “strategic bitcoin reserve” (SBR)? I know I’m only fat old white guy retired injineer who’s a poor old senior citizen on a fixed income and not an Ekky-non-o-mist. I can understand an “oil reserve” like Biden drained, a strategic uranium reserve, or hell even a wildlife preserve. But crypto? If you have any insight I’d appreciate you sharing. To me, since the number of bitcoins is fixed, it can’t be inflated like fiat currencies. And there are several (good imho) understandable use cases: international transfers, wealth carried in the form of a twelve word wallet, wealth preservation in face of inflation, distributed commerce that can’t b e prevented by any Gooferment, and my favorite avoiding / evading estate taxes (i.e., the keys just disappear like the Lost Dutchman’s Mine). None of these seem to fit a Gooferment purpose.  

All an SBR will do is further restrict the supply of bitcoins available in the free market which will drive up the price. Since a bitcoin is infinitely divisible into smaller quantities it really doesn’t affect any of the use cases mentioned. And, unlike a gold or silver coin, you don’t have the problem of “making change” for a purchase.

Of all the Gooferment boondoggles of waste, fraud, and abuse, this seems the least harmful. After all, it won’t disappear like the gold in Fort Knox. Gotta love that indelible blockchain.

Anyway, I just thought I’d share some thoughts and see what anyone else thinks. Even if they really don’t care.

Remember “not your key; not your coin”!

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BITCOIN: What will ₿ be worth in 2140?

Tuesday, October 3, 2023

Annual inflation over this period was 3.94%. 1971 – 2023 https://www.dollartimes.com/inflation/inflation.php?amount=1&year=1971 

₿itcoin’s fixed limit will insure it’s value against any fiat currency. The maximum supply of 21 million bitcoins will be reached around the year 2140. What will it be worth then? 10k$, 100k$, 1M$?

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BITCOIN: Blackrock entering Crypto means ₿ is going mainstream in the financial markets

Wednesday, June 21, 2023

https://www.reddit.com/r/CryptoCurrency/comments/14cf6mo/why_is_blackrock_entering_crypto_a_huge_deal_that/

Subreddit Icon r/CryptoCurrency •Posted by u/Zein313 Tin | SHIB 11

Why is Blackrock entering Crypto, a HUGE deal that shouldn’t be disregarded.

*** begin quote ***

BlackRock, the world’s largest and strongest asset manager with over $8 trillion in assets under management, has officially entered the crypto market in 2023. They have filed for a Bitcoin Fund and are probably buying the dip big time right now.

*** and ***

TLDR: BlackRock’s entry into the crypto market is a game-changer for the industry. It’s a clear sign that digital assets are here to stay and are poised for mainstream adoption. With more institutional investment, professionalization, and regulation on the horizon, the crypto market is about to get a lot more exciting.

*** end quote ***

This is good and bad.  They are the huge elephant in the room capable of making and manipulating the market.

And since “regulatory capture” is the rule un the USA Gooferment, don’t expect any “fairness” or “justice”.

Just look at the manipulation of commodity money metals and be warned.

I’d treat the “Market Price” of ₿ as possibly over or under stated as it suits Blackrock’s needs.

DCA of small savings regularly is the only way we have to address that.

When the lid blows of fiat currencies, then expect ₿ to explode.  Remember that fellow who bought tow pizzas for some bitcoins?  Don’t be that fellow.

Sigh!

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BITCOIN: ALT COINS are OT ₿ and rug-pulls are to be expected

Wednesday, May 31, 2023

https://www.coindesk.com/business/2023/05/22/bitcoin-pizza-day-turns-sour-as-meme-coin-shysters-profit-over-200k-in-rug-pulls/?utm_medium=referral&utm_source=feedly&utm_campaign=headlines

Finance

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

  • Meme coin traders poured capital into several pizza-related tokens on Monday as rug pulls put a dampener on the anniversary of the first purchase made with bitcoin.

By Oliver Knight  — May 22, 2023 at 11:24 a.m. EDT

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Bitcoin Pizza Day has taken a negative turn, with meme coin issuers profiting over $200,000 from pizza-related rug pulls on the 13th anniversary of what’s thought to be the first commercial bitcoin transaction.

According to data from dextool’s “live new pairs” section, there has been 14 pizza-related meme coins issued in the past 24 hours. Four have been confirmed as rug pulls, or schemes in which money is stolen from investors through any of a number of techniques. And at least five others are suspected of being so-called honey pots, in which an asset can be sold only to the contract creator, and purchasers are left holding tokens they can’t get rid of.

Bitcoin Pizza Day is marked on May 22. It dates back to 2010, when computer developer Laszlo Hanyecz bought two pizzas for 10,000 bitcoin.

*** end quote ***

Hard to imagine that these sheep don’t get shorn.

And imagine paying for two pizzas with 10,000 bitcoins.  Unimaginable lack of foresight!

HODL.

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BITCOIN: Bulgaria’s Golden Ticket = Seized Bitcoin

Saturday, April 29, 2023

https://bitcoinmagazine.com/culture/the-future-for-bulgaria-seized-bitcoin?utm_source=Bitcoin%20Magazine&utm_campaign=67e3e40384-EMAIL_CAMPAIGN_2023_04_24_09_03&utm_medium=email&utm_term=0_f7d45fbb67-67e3e40384-357073741&mc_cid=67e3e40384

A Seized Bitcoin Stack Could Be Bulgaria’s Golden Ticket

  • After seizing 213,000 bitcoin in 2017, Bulgaria now has an opportunity to become one of the wealthiest countries on earth.

Ahmed Botan  —  Apr 24, 2023

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The reason for this is its possession of 213,000 bitcoin, which its authorities seized from a group they labeled as criminals in 2017. According to the South East European Law Enforcement Center (SELC), the group hacked the Bulgarian customs agency’s computers and made changes to the system so that their partner companies could import goods while avoiding paying taxes on them.

Immediately following the crackdown, the bitcoin seized was worth about $500,000, however, it would now be worth closer to $6 billion dollars, as of April 2023. While the details around the BTC seizure are unclear, and it is not totally clear whether the country still holds that bitcoin or what it plans to do with the stack if it does, the potential of a nation like Bulgaria holding this much BTC is worth exploring.

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Well, one can only hope they held on to it.  That’s a neat nest egg for the people and Taxpayers of Bulgaria.

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BITCOIN: What is really fake money?

Wednesday, April 26, 2023

FROM BITCOIN MAGAZINE

Fakemoney

# – # – # – # – # 

Many a true word is said in a joke.

Here we have an interesting meme about what really is fake money!

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BITCOIN: If Walmart is not allowed to be a “bank”; then maybe it can be a “miner – fuds transfer agent – broker” all rolled into one?

Friday, April 14, 2023

https://bitcoinmagazine.com/business/what-happens-when-walmart-buys-1-billion-of-bitcoin

What Happens When Walmart Buys $1 Billion Of Bitcoin?

  • Though no purchase has been announced, Walmart’s inevitable allocation to bitcoin will jump start a ripple of hyperbitcoinization.

Clancy Rodgers  —   Mar 29, 2021

*** begin quote ***

MicroStrategy, Square and Coinbase are multimillion-dollar companies traded on NASDAQ with big bitcoin bags, but the everyday American could care less. Ask your average Joe how he feels about Michael Saylor’s MicroStrategy purchasing of 91,326 bitcoins and you’ll probably get a “What is Bitcorn?” and “Michael who?”

Walmart, on the other hand, is a different story because it’s the epitome of working class America. Built off the back of America’s mom and pop, it is now the world’s largest company by revenue raking in $548 billion in 2020. When Walmart adds $1 billion of bitcoin to its balance sheet, you’ll have that same average Joe’s full attention. It will create the ultimate exposure for Bitcoin to blue collar Americans and trigger a global monetary paradigm shift that is long overdue.

As Walmart’s tentacles reach into 24 countries, a Bitcoin tidal wave will blast through its world of ecommerce and brick-and-mortar retail operations. Walmart sources products from more than 100 countries, bringing globalization to Middle America. Instead of having to deal with complex currency conversions with global suppliers, Walmart will accept bitcoin, which will negate the headache of dealing with dozens of fiat currencies. This will simplify accounting and streamline operations. With no middleman bankers pirating off of transactions, the only thing separating Walmart from its global partners will be oceans (if the miners don’t boil them first).

*** end quote ***

I see this as a great SET of “use cases” for WalMart.  

Remember: Wal-Mart Stores abruptly abandoned those plans for its own bank, withdrawing its application to obtain a special banking charter after a firestorm of criticism from lawmakers, banking industry officials and watchdog groups.Mar 17, 2007.

I’m sure that the Banking Industrial Complex used all their political power to block this 800# elephant from entering the competitive area.   Probably more than the BIC (Banking Industrial Complex), everyone else with a vest interest piled on.  What would Wall Street, Credit Unions, Western Union (and all the other funds transfer agencies), Amazon, Target, and the grifter politicians and bureaucrats do if WalMart literally swept up all the unbanked and all the little people’s bank accounts.  Profit margins if any would be cut to zero as WalMart ties in its  bank with its stores.

So now imagine that WalMart adopts bitcoin and see its use cases: (1) funds transfer from its international subsidiaries become cost free; (2) pay suppliers with bitcoin (free and fast); (3) Buy and sell bitcoins for U$D (dollars) globally; (4) avoid all sorts of onerous financial regulations, taxes, and fees.  

It would be a real hoot to see all the politicians and bureaucrats around the globe running around with their hair on fire.

And, in addition to a big win for WalMart, the little people all over the world could avoid the hidden taxation of earnings and savings that fiat currencies enable.

I’d love it.

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BITCOIN: Nigeria is an exemplarfor what could happen here

Saturday, February 11, 2023

https://bitcoinmagazine.com/culture/bitcoin-can-help-nigeria-fight-for-money?utm_source=Bitcoin%20Magazine&utm_campaign=60be7f380b-EMAIL_CAMPAIGN_2023_02_08_06_08&utm_medium=email&utm_term=0_f7d45fbb67-60be7f380b-357073741&mc_cid=60be7f380b&mc_eid=386b7b0895

Nigerians Are Fighting For Their Own Money And Bitcoin Can Help

  • As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system.

Ray Youssef  —     Feb 7, 2023

*** begin quote ***

This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With Bitcoin Foundation.

Imagine standing in endless lines, fighting to get ahold of your own money. Read that again and try to make sense of it. This is life for millions of Nigerians right now, who face a redesign of their banknotes, the naira, which means old naira bank notes will be useless after February 10. This is a problem because while Nigeria hopes to move closer to a digital-cash economy, the country is still heavily cash dependent. The policy is causing a flood of people at bank offices and ATMs, desperate to swap their old bank notes for the new redesign.

Adding fuel to the fire, the Central Bank of Nigeria (CBN) has imposed a weekly cash withdrawal limit which, as of January 9, was 500,000 naira for individuals (around $1,087) and 5,000,000 naira (around $10,087) for organizations. While these weekly limits already seem insane, the actual amount Nigerians can pull out depends on what’s available at each location.

What’s Unfolding On The Ground In Nigeria

My team in Nigeria is witnessing all-day queues — with many people walking away empty handed. Some bank offices and ATMs do not even have cash to dispense. Nigerians are bringing mattresses to ATMs and others are arriving at ATMs at 4:00 a.m. to be 115th in line for when they open at 8:00 a.m. Scarcity is an even bigger issue in some rural areas and individuals have not been able to access any new notes. I’m hearing that, after returning the old notes to the banks through their kids or agents because most are unbanked, they are unable to get new notes. This puts a halt to their day-to-day transactions and livelihoods. And for the individuals who are able to get naira, point-of-sale (PoS) transaction charges skyrocketed by 400% in most cities across the country. This is causing a lot of fear as inflation is already over 20% and Nigerians are struggling to keep up with the cost of living. 

*** end quote ***

While inflation in the USA is not near as bad as in Nigeria, it’s still bad if you’re on a fixed income, a wage slave, or just trying to get by.

Unlike fiat currency, ₿ bitcoin has a mathematical enforced scarcity.  While probably not a good as bullion, it is transportable with the memorized word list.  

And it frees you from Gooferment and its clutches.

Forewarned is forearmed!

—30—

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