Monthly Archives: September 2020

The plant operators did their best to resist the dangerous order, but the directive to attack bitcoin came from on high in the communist party. In the end, the workers had no choice. The outcome was more catastrophic than anyone … Continue reading →

T-Bonds: 30 year loans to US treasury (no collateral) T-Notes: 2-10 year loans to US treasury (no collateral) T-Bills: 1 month to 12 month loans to US treasury (no collateral) Mortgage-Backed Securities: loans to commercial banks (houses as collateral) That’s … Continue reading →

PBOC has 500,000 bitcoin. Following the forum link and digging into this further, I find the claim plausible. Plustoken arrests yielded 220k btc in chinese custody and there were other scams. 2.3% of the total bitcoin supply would be a … Continue reading →