Bitcoin revving up, how society keeps you poor, state adoption, inflation, Fed trouble

Today’s Bitcoin news! 

PRICE UPDATE: 

Today’s Bitcoin price is back up in the $68k range and knocking on the door of $69k. Bitcoin is hanging tough at this elevated level and it’s only a matter of time before we push to a much higher all-time-high! Are you ready??? 

LEARN BITCOIN, PLEASE: 

Allow me to present the most important meme in #BITCOIN . Study this meme. Unravel its secrets. Laugh at first, not realizing the cosmic horror that awaits you. Then tremble as you realize. Those who have hodled hard have seen its prophecy come true. Only the strong survive. POST: https://x.com/americanhodl8/status/1796197143923020147

REALIZE: 

Buy $100 worth of #Bitcoin and everyone tells you how risky it is. Spend $100 at the bar and people will give you fist bumps and tell you how good of a friend you are. Society programs you to be poor. You gotta find your own way. POST: https://x.com/CarlBMenger/status/1796166737496297604

ADOPTION: 

JUST IN: 🇺🇸 President Biden’s campaign team is reaching out to the #Bitcoin and crypto industry on policy formulation - The Block. Reports of a significant “shift” in tone from the Biden administration...with a new willingness to understand digital assets. First Wall Street. Now Trump and Biden. The political and financial establishments have woken up to Bitcoin. This was a pre-requisite to mainstream adoption...and now we are just about there. 

• POST: https://x.com/BTC_Archive/status/1796128207126642730
• WHITE HOUSE ANNOUNCEMENT: https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/29/president-biden-announces-presidential-delegation-to-the-republic-of-el-salvador-to-attend-the-inauguration-of-his-excellency-nayib-bukele/

Remember, it took Gold ETFs 5 years to cross $50 Billion AUM. #Bitcoin did it in 57 days 🤯. POST: https://x.com/Vivek4real_/status/1796184419742441546

PRIVACY: 

Improving Bitcoin Baselayer Privacy with Dandelion++. "Dandelion is a propagation protocol designed to obfuscate where a Bitcoin transaction originated," writes L0la L33tz. ARTICLE: https://www.nobsbitcoin.com/improving-baselayer-privacy-with-dandelion/

ENVIRONMENTAL: 

💚 World Economic Forum admits #Bitcoin mining is helps protect endangered animals in Congo’s national forest. POST: https://x.com/BTC_Archive/status/1796198546477097268

FIAT/GOVERNMENT NONSENSE: 

If people actually understood how the banking system works, they'd withdraw their deposits ASAP. But this would crash the system… The banking system is backed by ignorant confidence. POST: https://x.com/lopp/status/1796177775688118601

Hyper-inflation here we come!!! United States M2 Money Supply is now positive YoY for the first time since November 2022. POST: https://x.com/CarlBMenger/status/1795797889433678014

The Fed now admits some countries are moving to gold. But says it’s a small group. 🇨🇳 China: 1.4B. 🇮🇳 India: 1.4B. 🇷🇺 Russia: 144M. 🇹🇷 Turkey: 85M. Of course, that “small group” represents 3B people! So 37.5% of the world is m