TD₿: "I've Underestimated How Strong This Market's Been" says Fundstrat's Tom Lee - (a video segment) from CNBC
TL;DR: Tom Lee of Fundstrat Global Advisors joins 'Squawk Box' to discuss market trends, the economy, the Fed, the 2024 election, and market outlook.
Hey Bitcoiners,
Tom Lee, the managing partner at Fundstrat Global Advisors, discussed recent market trends on CNBC's 'Squawk Box.' Lee also covers the role of the Federal Reserve's inflation policy and the impact of the upcoming 2024 U.S. election.
Tom strongly believes that sectors like Bitcoin will perform well if Trump's pro-Bitcoin stance were strengthened in the election with better and clearer policy objectives.
Enjoy!
Tick tock next block,
The Swan Education Team
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In the Headlines
Kamala Harris is No Friend of Bitcoin: Policy Agenda Released
Kamala Harris announced a new Bitcoin and digital assets policy to support a regulatory framework to protect Black men who invest in digital assets.
Bitcoin is an open, race-neutral network, but Vice President Harris's policy favors one demographic. In comparison, Donald Trump's pro-Bitcoin policies benefit all Americans without targeting specific racial groups.
On This Day in Bitcoin History
2010 - The First Bitcoin Escrow Transaction Was Completed by Bitcointalk Forum Users
On October 16, 2010, the Bitcoin community witnessed its first documented escrowed transaction. The deal involved two Bitcoin Forum members, Diablo-D3 and Nanotube, with Theymos acting as the escrow agent.
This event demonstrated Bitcoin's capability for more complex financial transactions beyond peer-to-peer exchanges.
Escrow services are crucial for online transactions, offering a way to build trust between unfamiliar parties by involving a neutral third party to hold funds. In this case, Theymos held the bitcoins in escrow and released them once both parties were satisfied with the agreement.
Swan Shortie of the Day
Event of the Day
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The conference, set to take place in Abu Dhabi from December 9-10, 2024, will bring together global leaders, institutional investors, and enthusiasts from the Bitcoin community to explore opportunities, innovations, and challenges related to Bitcoin's growing influence.
Bitcoin MENA will feature keynote sessions, panel discussions, workshops, and networking opportunities, covering key topics like mining, finance, and emerging trends.
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Meme of the Day
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