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Jeftovic: The "Bitcoin Only" Era Is Over...
Jeftovic: The "Bitcoin Only" Era Is Over...
Authored by Mark Jeftovic via BombThrower .com,
(From The Sovereign Capitalist Letter #65. I was traveling at the time of the Coinkite vulnerability, surfacing a recurring theme around how to safely balance cold storage and emergency access when on the road).
Just when I thought the sentiment couldn’t get any worse, on July 29-30 reports began to emerge of “certain” Coldcards (which were supposed to be the industry standard of self-custody cold wallets), being drained of their funds.
The reports are true, and this has enormous implications, not just...
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China "Aggressively" Selling Oil In Recent Weeks
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We knew there was a reason why China had accumulated a cool 1.5 billion barrels in its strategic petroleum reserve: the reason, to become the world's strategist petroleum reserve when the time arises... for a price of course.
According to the chief executive officer of commodity trader Mercuria, Chinese oil companies have been aggressive sellers in recent weeks, selling barrels to several nations in tenders.
“What has been happening in the last two or three weeks is actually they have been aggressively selling crude oil,” Mercuria...
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