Friday, August 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Step Aside Bitcoin, Time For Strategic Beef Reserve? World Economic Forum Day 2 Highlights

23 January 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


A lot is going on – the World Financial Discussion board is now on Day 3, Donald Trump is signing 100 govt orders every day, and McDonald’s McRib is promoting sturdy.

“Might you reside in fascinating occasions.” Folks overlook that isn’t a Chinese language proverb, however a Chinese language curse!

It’s working. This 12 months’s Davos is all about Bitcoin and AI. Right here’s a few of the highlights up to now:

Jamie Dimon on Elon Musk: He’s ‘Our Einstein’

JUST IN: JPMorgan CEO Jamie Dimon says Elon Musk is our “Einstein.”

“SpaceX, Tesla, Neuralink. I imply the man is our Einstein.” pic.twitter.com/GRkzZtBk4c

— Watcher.Guru (@WatcherGuru) January 22, 2025

Jamie Dimon needs the world to know—he and Elon Musk have buried the hatchet. “Elon and I hugged it out,” Dimon casually dropped to CNBC at Davos, the Swiss playground for the worldwide elite. After a chat at a JPMorgan occasion, the 2 ironed out their beef.

Dimon didn’t maintain again with the reward, calling Musk’s ventures—Tesla, SpaceX, Neuralink—monuments of innovation. “The man’s our Einstein,” Dimon declared, rolling out the purple carpet for future collaborations. “I wish to assist him and his corporations nevertheless we will.”

This public rapprochement comes after JPMorgan dumped its $162 million lawsuit in opposition to Tesla over a contract spat involving inventory warrants.  Appears Wall Road has moved on—or at the very least Dimon has.

World Financial Discussion board: Doubts on Bitcoin as a Reserve Asset

Lesetja Kganyago, South Africa’s central financial institution chief, calmly dismantled the notion of Bitcoin as a strategic reserve. Addressing Trump’s pledge for a U.S. bitcoin reserve, he in contrast the thought to hoarding reserves of obscure commodities, dismissing it as impractical.

“There’s a historical past to gold. There was as soon as a gold normal,” Kganyago remarked. “If we now say Bitcoin, what’s subsequent? Platinum? Apples? Strategic beef reserves?”

The governor of the South African central financial institution scoffs on the thought of a strategic Bitcoin reserve asking, “Why not a strategic beef reserve? Why not an apple reserve? Why Bitcoin?!”

Brian Armstrong responds: pic.twitter.com/36LXDUxP5g

— Sam Callahan (@samcallah) January 21, 2025

His sharp comparability underscored his perception that Bitcoin lacks the historic and intrinsic worth of gold, elevating questions on governments adopting it as a reserve asset. Kganyago additionally voiced issues over the affect of crypto trade lobbying in shaping monetary rules.

“If regulation goes to be established by the facility of cash, then we’ve got an issue,” Kganyago famous, pointing to the large sums the crypto trade has poured into political campaigns.

Coinbase CEO Brian Armstrong painted a starkly totally different image, applauding Trump’s stance on crypto and the potential it brings for the trade. Armstrong spotlighted the surge in Bitcoin’s worth following Trump’s re-election and famous the chances a Bitcoin reserve may unlock for the U.S. economic system.

“The Trump impact can’t be denied right here,” Armstrong acknowledged. “To have the chief of the biggest GDP nation on the planet overtly help crypto—that is unprecedented.”

Nooo!! The WEF Is Dangerous, Noo!!!

Whereas components of Davos will be myopic relating to imaginative and prescient, the millionaires and billionaires at WEF additionally need greater taxes for themselves and fewer loopholes.

Based mostly? Hey, we’re not complaining. The factor is, nevertheless, there’s actually nothing stopping them from paying greater than they need to. In the event that they needed that, they might have already been doing it.

So, like at all times, the WEF is a combined bag.

We’ll preserve you up to date in the event that they create that apple and beef tallow reserve, although.

EXPLORE: The Historical past Books Will Bear in mind Crypto 2025: However What’s The Greatest New Crypto to Purchase?

Be part of The 99Bitcoins Information Discord Right here For The Newest Market Updates

The publish Step Apart Bitcoin, Time For Strategic Beef Reserve? World Financial Discussion board Day 2 Highlights appeared first on 99Bitcoins.





Source link

Tags: BeefBitcoinDayEconomicForumhighlightsreserveStepStrategictimeWorld
Previous Post

Bitcoin, Ethereum, and XRP: Market Reacts as SEC Unveils Crypto Task Force

Next Post

How Arbitrage and Aggregated Liquidity Enhance Blockchain Ecosystems and Token Projects

Related Posts

XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’
Bitcoin

XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’

1 August 2025
MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News
Bitcoin

MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News

1 August 2025
A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis
Bitcoin

A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

1 August 2025
NFT Marketplace Rarible Adds Support For Somnia NFTs
Bitcoin

NFT Marketplace Rarible Adds Support For Somnia NFTs

1 August 2025
Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near
Bitcoin

Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near

1 August 2025
JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions
Bitcoin

JPMorgan Chase Partners With Coinbase to Bring Crypto to Millions

1 August 2025
Next Post
How Arbitrage and Aggregated Liquidity Enhance Blockchain Ecosystems and Token Projects

How Arbitrage and Aggregated Liquidity Enhance Blockchain Ecosystems and Token Projects

Silk Road’s mastermind is back

Silk Road's mastermind is back

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Strategy Stock Price Could Nearly Double as Bitcoin Treasury Aims to Dominate Market: Benchmark – Decrypt

Strategy Stock Price Could Nearly Double as Bitcoin Treasury Aims to Dominate Market: Benchmark – Decrypt

1 August 2025
In the new documentary Architecton, buildings collapse and stones dance

In the new documentary Architecton, buildings collapse and stones dance

1 August 2025
Trump Slaps Brazil and Canada With 50% and 35% Tariffs; Mexico Gets Breathing Room – Economics Bitcoin News

Trump Slaps Brazil and Canada With 50% and 35% Tariffs; Mexico Gets Breathing Room – Economics Bitcoin News

1 August 2025
XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’

XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’

1 August 2025
MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News

MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News

1 August 2025
Justin Drake Introduces “Lean Ethereum” Proposal

Justin Drake Introduces “Lean Ethereum” Proposal

1 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$115,271.00-2.38%
  • ethereumEthereum(ETH)$3,617.78-4.10%
  • rippleXRP(XRP)$3.03-1.71%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$764.29-3.41%
  • solanaSolana(SOL)$168.15-4.36%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • staked-etherLido Staked Ether(STETH)$3,608.25-4.25%
  • dogecoinDogecoin(DOGE)$0.208522-3.28%
  • tronTRON(TRX)$0.3271730.02%