Weekly market update / outlook and weekly Bitcoin news:

• Treasury Secretary Yellen says US government will take 'any steps necessary' to preserve its financial dominance
• Global reserves held in US dollars fell to less than 50% - official state is has become 'toxic' currency
• Russia to work with digital currencies of other nations
• Economist Peter Schiff warns 'death blow' coming for US dollar - USD to lose reserve currency status
• Arkansas makes gold, silver legal tender; 23 states involved in similar legislation to establish US dollar alternatives
• North Carolina House introduces bill that would prohibit payment to the state in Bitcoin
• Why the EU has MiCA and the US has securities law confusion
• Check out "Housing Market Update - April 2023" on my Bitcoin Fortress substack this week

 

Substack: Bitcoin Fortress

Twitter: Bitcoin Fortress

Books: Amazon Author Page

 

Mentioned in this week's Podcast:\

https://news.bitcoin.com/treasury-secretary-yellen-says-us-government-will-take-any-steps-necessary-to-preserve-its-financial-dominance/

https://news.bitcoin.com/global-reserves-held-in-us-dollars-fell-to-less-than-50-official-states-it-has-become-a-toxic-currency/

https://news.bitcoin.com/russia-to-work-with-digital-currencies-of-other-nations/

https://news.bitcoin.com/economist-peter-schiff-warns-death-blow-coming-for-us-dollar-usd-to-lose-reserve-currency-status/

https://news.bitcoin.com/arkansas-makes-gold-silver-legal-tender-23-states-involved-in-similar-legislation-to-establish-us-dollar-alternatives/

https://bitcoinmagazine.com/legal/north-carolina-house-introduces-bill-that-would-ban-bitcoin-payments-to-state

https://www.coindesk.com/consensus-magazine/2023/04/20/why-the-eu-has-mica-and-the-us-has-securities-law-confusion/

https://bitcoinfortress.substack.com/p/housing-market-update-april-2023