In Australia the 1c & 2c coins are no longer legal tender. But now the 5c coin can not buy anything and can’t even be accepted in a parking meter or a vending machine.
Why does the dollar keep losing value?
To a Turkey every day seems better than the last
Each day brings more and more feed
It gets bigger and stronger
The graph of the Turkeys happiness is below.
Unfortunately, one day ThanksGiving comes and the Turkey Happiness Index crashes along with the whoosh sound of the blade.
In Markets we have to be careful to avoid confirmation bias so that we don’t go the way of the Turkey.
Austrian Economist Friedrich Hayek:
I don’t believe we shall ever have good money again before we take the thing out of the hands of government…all we can do is by some sly roundabout way introduce something that they can’t stop.
The debasement trade is about to take over and whole-coiners are going to become incredibly rare.
There’s $124 trillion in fiat currency looking for a safe home to protect itself.
The rebalancing into bitcoin will be biblical.
There should be no capital gains tax on #Bitcoin.
It is not the same as buying shares or a property.
Although I would support removing #CGT completely as it is a terrible tax that distorts resource allocation and investment decisions
Census night in Australia. Where the ABS collects an enormous amount of personal data under the threat of prosecution and draconian financial penalties in the name of resource allocation.
Penalty: $364 per day for each day that you don’t comply.
$3,640 for providing false information.
Can’t wait until they leak all my data.
🚨 BITCOIN HAS NEVER BROKEN THIS PATTERN
Nothing has changed.
The plan is simple:
$64K → $52K → $43K → $29K
Then the next bull run begins.
Reminder: I publicly called the $17K Bitcoin bottom in 2022 and the $126K top in 2025.
The next call will be posted here first.
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Recent security warnings around hardware wallets have prompted many self-custody investors to re-evaluate their security setups.
To support investors reviewing their options, Stormrake is waiving all custody fees in August for anyone who deposits assets before the end of the month.
Click below to schedule a call with a Stormrake Senior Broker or Reach out to us on +61 385 941 454 (AU) / +1 888 429 9651 (US)
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🚨💥🇯🇵 JAPAN JUST DROPPED A MASSIVE CRYPTO BOMBSHELL!
Japan has officially presented its own version of the CLARITY ACT:
Crypto is now recognized as a FINANCIAL ASSET, banks can hold DIGITAL ASSETS, and the government plans to CUT crypto taxes from 55% down to 20%.🔥
Regulation has come for the Australian #Digital Economy. Digital Asset (Crypto) providers now must submit to financial regulation.
But has the rest of the financial industry caught up. Doesn’t seem to be any digital asset content in the @KPAustralia course.
Time to join the party!
JUST IN: Bitcoin surges over $64,000
The issue of Saylor selling bitcoin:native to fund dividends has been killed off.
The bottom is in.
Don’t be left behind…