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2024-05-13 14:33:14

tftc-yt-bot on Nostr: Here's your summary from Jerome Powell, Tether and Peak Oil | Tom Luongo ...

Here's your summary from Jerome Powell, Tether and Peak Oil | Tom Luongo (https://www.youtube.com/watch?v=6l0BDBVcl1o) on the TFTC channel:
### TLDR:
Tether's market cap has surpassed $110 billion, indicating a significant demand for US Treasuries. Central banks are increasing their gold reserves, potentially signaling a shift in the financial system. The approval of Bitcoin ETFs may be part of a larger strategy to control and utilize Bitcoin as collateral.

### Key Points:
1. Tether's market cap has been steadily increasing, reaching over $110 billion, suggesting a consistent demand for US Treasuries.
2. Central banks are acquiring gold as a strategic asset, potentially indicating a shift in the financial system.
3. The approval of Bitcoin ETFs may be part of a larger plan to control and utilize Bitcoin as collateral in the financial markets.
#bitcoin #nostr #tftc #freaks #opensource #grownostr #ten31 #freedomtech #podcasting #podcasting2.0 #bitcoincommons #bitcoinpark
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