Over $7 trillion has been wiped off the stock market!

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Over $7 trillion has been wiped off the stock market!

16th May
👹 Extreme Fear: Over $7 trillion has been wiped off the stock market CNN article here https://cnn.it/3LghX8i #gowokegobroke as Netflix hit the hardest!

😱Crypto Fear & Greed Index at 14 💀 — https://bit.ly/3yA9nOV
- Fear & Greed Index at 12 — by CNN https://cnn.it/3sC2ade
- Meanwhile Bitcoin “ Keep calm & #HODL😎

Morgan Stanley, an investment management giant feels that Bitcoin is ‘not immune from stock market volatility. Probably right? More info via Seeking Alpha https://bit.ly/39WsgRL Probably in a couple of decades or less we may say the Stock market is not immune to Bitcoin? A movement toward the Separation of Money and the State will happen but it may take a couple of years for full fruition. In the meantime Bidenflation with Deglobalization on its way The New Yorker has an interesting article https://bit.ly/3PpnE6U they mention Coinbase, a has fallen nearly eighty per cent a good read & more.

🙋🏼‍♂️#Bitcoinfixesthis but how? YouTube influencers push the narrative without giving a concrete explanation on how #BTC fixes this & how it works as a Hedge against inflation. The only two explanations are with cherry-picked information that validates the narrative Supply is #fixed & the price of Bitcoin in comparison to #GOLD & traditional stocks Bitcoin Magazine has an article ‘ The Financial Dark Ages Are Ending Thanks To Bitcoin”, Terrible article the only valid point is “Bitcoin is hope for the globally unbanked” No other explanation beyond that.

The global crypto market cap is $1.31T & Bitcoin is still less than half of its ATH While the crypto & traditional market is in Turmoil. Will Metaverse be an area that may give the country a competitive advantage? Lightning Network adoption in the Metaverse could be a game-changer? Check out our slides here https://bit.ly/3w04zAN where we suggest how Bitcoin can be used in Metaverse!

💥Breaking President Nayib Bukele mentioned via Twitter that 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoinrollout and its benefits in our country. His tweet here https://bit.ly/3lfULw6 This news may seem bullish but it would be interesting to see how International Monetary Fund reacts to this news The Wall Street Journal published an article a few days ago amidst the #cryptocrash. The article talks about Bitcoin losses add to growing fears of a debt default in El Salvador. Article here https://on.wsj.com/3sGhVQr

💡Question
- Is it easier for an Autocratic leader & country to adopt Bitcoin?
- What happens if there is a Fork in Bitcoin?
- Is it best for Politics to leave Bitcoin & let it grow organically?

Two UAE news (Check slides)
- Eros Investments Partners With Dubai’s Crypto Regulator Dubai World Trade Centre
- Dubai’s MetaTerrace: Football legend Dani Alves to launch luxury watch NFT ColossalBit, Backes & Strauss Khaleej Times

For slides click here: https://bit.ly/3NeX4vj

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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