If Bitcoin follows the same patterns it followed in the last cycles,we will have a 200k Bitcoin by the end of 2025.I think we can even have more than 200k because many catalysts will impact the crypto market in 2025:1-Central banks joining the Bitcoin bandwagon in January 2025,2-A new SEC commissioner will be nominated 3-More institutions will come to the market 4-A potential Crypto regulation will come out in 2025 5-FED lowering interest rates all year of 2025...never been a better time to be involved in the market........ I have managed to grow a nest egg of around 3b"tc to a decent 15B'tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Antonio Devon can be crucial. His expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.
With copytrading, you could be sipping coffee on a balcony overlooking a bustling city skyline or lounging on a pristine beach, all while your signals work for you.
Antonio devon analyses go beyond surface-level trends. he delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.
So, the places where electrity is state owned is cheaper and the places where the electricity is privatized, the prices have gone through the roof. We were sold a lie about privatization. We were told it would provide a better service and be cheaper. What they meant to say was: "the service will be worse and it will cost more because now capital that was reinvested into the provider under state control will now be diverted towards shareholders."
Pretty much I live in Canada We are one of the biggest oil producers in the world yet we have no State owned oil company Just a bunch of private corporations who pay us royalties Yet every time oil prices go up we fear going to the gas pump 👇 Are Albertans collecting a fair share of oilsands wealth? New data shows owners of one of the world’s largest oil deposits are getting cut out of the deal Alberta’s 30 most productive oilsands projects accounted for more than 95 per cent of oil produced in 2017, generating $53.5 billion in revenues. The companies producing that oil - including Suncor, Cenovus, Canadian Natural Resources Limited and Imperial Oil - made $10.14 billion in profits, while Albertans collected $2.37 billion in royalties. That means the biggest oilsands companies paid a total royalty rate of 23.37 per cent of profits. * Jim Roy, an Edmonton-based royalty consultant and a former senior advisor on royalty policy for Alberta Energy, told The Narwhal that Alberta’s rates can be comparedto government returns in Saudi Arabia (85 per cent), Norway (78 per cent), China (63.5 per cent) and Australia (58 per cent). Narwhal
Wall st privatized money wants to monopolize power to forever milk the people. They only think in profits and control. Long term projects they don't wish to risk because it could mean losses and cheaper energy would mean less profits. I agree, every country should deprivatized energy and all basic goods and services for the whole of the people. But but...then some people will scream it's socialism and it's a no no 😅
utility such as water, electricity, gas, telecommunications, health care are vital services which should be under state control at cost plus basis, not profit seeking private hands.
Now imagine if the shareholders are all bankers from different countries except yours,..., one of the ingredients for the recipe to make a third world country.
@ where I live we are paying 10 cents per kilowatt hour It is a Provincial crown corporation But we get hydroelectric power So I can’t say it cheap because of it being a renewable energy source or because it’s not some greedy corporation in charge
@@boatsandoutboards9070 Yeah China is spending the money now but will be 88% renewables in 2 decades Better than not spending the money at all on renewables Btw are you one of those same folks crying about over supply or over capacity in China these days??? 👇 JANUARY 30, 2023 3 MIN READ China Invests $546 Billion in Clean Energy, Far Surpassing the U.S. China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF. The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries. Scientific American 👇 Analysis: Clean energy was top driver of China’s economic growth in 2023 Other key findings of the analysis include: Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023. China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 - and similar to the GDP of Switzerland or Turkey. Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year. Clean-energy sectors, as a result, were the largest driver of China’ economic growth overall, accounting for 40% of the expansion of GDP in 2023. Without the growth from clean-energy sectors, China’s GDP would have missed the government’s growth target of “around 5%”, rising by only 3.0% CarbonBrief 👇 China is responsible for 33% of the world’s energy-related CO2 emissions today, but this will reduce to 22% by 2050, a reduction in annual emissions of 8 GtCO2 (three times the size of Europe’s decarbonization over the same period) China’s power mix shifts from 30% renewable today to 88% by 2050 Solar makes up 5% of power generation in China today - this will rise to 38% by 2050 Oil consumption only halves by 2050 from its 2027 peak, while natural gas peaks in the 2030s before returning to today’s levels by mid-century China will further extend its position as the world’s green energy leader with unrivalled build-out and export of renewable technology DNV
Maybe its time. To stop living like a colony. Have supplies ever slowed down? Has it ever existed as just a nation on its own two feet? No, because of that, until that happens, the churn and chaos of your life will only become more mutated from you think it should look like as these forces of your consumption are constantly forced to shift. Because they have no basis in your geography. Maybe Elon will Mars you up.
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Robert L Cox.
Hong Kong does not tax capital gains from investments and it gives it an advantage to compete as the center of bitcoins trading. Hong Kong people’s entrepreneurial spirits have always been the roots of their success, despite all the talks about the city in recent years.
Investing in Bitcoin is the best investment anyone can do, because it has made a lot of people millionaires. I pray that anyone who is reading this will be successful in life..
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
I'm almost certain that at some point, the BRICS Bank will issue a cryptocurrency, let's call it Bricoin, and allow each member to use their dollar reserves to purchase a certain amount of this new currency. Members can then start using Bricoin to trade with each other, and then non-BRICS members can use Bricoin to trade with BRICS members. After several additional steps, Bricoin will eventually be open to all countries, institutions, and individual customers except certain countries. The total amount of Bricoin will increase, but strictly in proportion to the expected transaction value of the tangible commodity. We understand that product prices within the BRICS market should be lower than in the general market.
I don't have great understanding but it seems to me this comment is in contrast to the article. A crytpocurrency is neeeded to bypass US dollar tyranny but also to co-exist with it. But that doesn't need to be Bitcoin with its mining and speculative issues, but nor need it be BRICS-centric. Just a good crypto that can be used as anonymous means of exchange and has input/output facilities. The BRICS angle would just be a source of initial 'subscribers' but could later interface with other cryptos which would have outlets and exchange rates. Simpleton view here I know and more of a question.
As long as it is backed by Bitcoin, it should work, but if its issued by another entity it won't work. Remember part of Bitcoins' value is that its a decentralized comodity.
I'm Chinese. I've been following your channel for almost a year, Kevin. China will not use Bitcoin, but will replace it with an electronic version of the Chinese yuan. China has always been cautious as the uncertainty of Bitcoin is too high. I can only say that Hong Kong, as a financial center, can accept the circulation of Bitcoin from the Hong Kong Stock Exchange, but China's trade will not participate in it
Bitcoin and Digital Yuan are two totally different concepts as a media of exchange. Digital Yuan is a legal currency issued and backed by Chinese government, just in digital form. To me bitcoin is like gold, an asset that is created somewhere in the world, and is valuable just becausee many people in the world willing to pay some money to own it. When one day no one wants it, its value = 0. But at least for the foreseable future, there are enough people in the world willing to pay silly money for it, so you can keep it for now, and use it to buy anything as an exchange.
@@infoseeker1187 Bitcoin is not like gold, it's like IOUs for gold. Gold has inherent industrial value along with decorative value. IOUs have no inherent value if you cannot force someone to honor them.
During the 2008 Beijing Olympics, Amazon suddenly began running US ads on the internet with the lead-in: "Thinking of visiting China? Read this eye opening book before you go." The book was Navarro's "The Coming War With China", and it made the likes of China Uncensored look moderate by comparison. At the time, Navarro was a Professor at the University of California. Navarro was sent to prison for 4 months for contempt of Congress because he refused to respond to a subpoena for documents and a deposition regarding the Jan 2021 riots at the White House.
@@motherlandbot6837 Navarro takes an extreme position - which is indicative of the thinking of .rump. Their super-confidence is troubling. But there is the saying “pride cometh before the fall”. The next administration may change history - in the wrong way.
It's mind-blowing trying to make sense of everything that's happened since the great scam of 20-twenty and to join the dots. I believe it boils down to depop, stakeholder capitalism and digital enslavement.
Thanks Kevin. Easy to understand your reporting. Looks like those HKgers that left for UK are regretting that decision, not wrt Bitcoin.. by to Western lies of prosperity. I have to retire in China!
Thank you again Kevin! Here in Texas they're trying to attract miners but that could take power away from the general population. If they have to choose my bet is that they'll choose corporate interests as we're heading toward corporatism. Stay safe sir!
you should look into this more closely. the miners are restricted to the electricity that they use and when they can use it . power generators are not turned off during non-peak hours. this excess electricity is lost revenue. when electirc companies can sell this electricity, it has the effect of increasing their revenue. this increase in revenue lowers their average cost of production.
wrong. bitcoin miners are highly restricted to using non-essential electricity during off hours when unused electricity goes to waste. electric generators do not turn off during non-peak hours, so this unused electricity can be sold to the bitcoin miners. this helps the power generation companies generate more revenue which keeps their average costs lower.
Thanks man, you are a goldmine. I read daily, but in truth, it's your stuff that gives me real insight. I need to start reading what you are reading. Be good my asian brother.
Hong Kong has a long and not-necessarily-law-abiding history of overcoming trade barriers. Back during the Opium Wars, Hong Kong was a major hub of opium smuggling. When the Chinese economy, under Mao, was closed off from the world, Hong Kong was the place you could get things in and out, if you could do it at all. For a while, relations between China and the West improved, and it looked like Hong Kong would be eclipsed by China's other major ports. But now that the world is trending towards more sanctions and trade barriers, it looks like there'll be demand for Hong Kong's particular expertise once again.
ICB -- I discovered your channel perhaps 8 months ago. The insights your channel provide are unique. Its shocking you only have 84K subscribers. Please keep up the good work. (ps. I also see your videos on TikTok occasionally.)
There will always be loopholes as corruption is everywhere. Truth be told, the business/political elites thrive on corruption through legislative loopholes.
China will be 88% renewable in 2 decades regardless But they lead the world in fusion technology and are the first to go to the far side of the moon where the helium 3 is in the most abundance as the fuel to run those future fusion reactors
I was privy to what industrial rates were when I worked in industry. The rates were always lower than residential by a substantial margin in the USA. We were not allowed to disclose them because consumers would be mad if they knew we could pay rates much less than theirs.
One of the best experiences of my life was flying into Hong Kong's Kai Tak airport, flying past the office buildings and looking in the windows to see people working at their desk was something new for me.
I Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week .i started with 3k in last week 2024..... now i just hit $12,590
Weekly trading is the best way of making money in the market due to lack of experience which resulted in loosing funds.But miss Violet Zyaire, restored hope shes a good woman
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Since I became so rich in her trading I realise that crypto is the future cuz l invested 7k and made up to 36k as weekly profit I appreciate the help of this woman
i have been following bitcoin since its beginning. you have truly nailed it ! anyone who watches this video will understand what bitcoin really is and what the political implications of bitcoin are and why it is so valuable. well done kevin !
As allways, most giving and uplifting! A good and prosperous end of this year are sent to you. And also with the hope and wish for a very Good 2025 for you!
Our current banking industry use 2.5 times more electricity vs Bitcoin mining. Banks doesn't get to choose where their electricity comes from but Bitcoin mining get to choose as renewable energy usually cheaper.
@@kennychewcg I understood that China has been trying to lower the cost of renewable energy to the level of cost from burning coals. This shows that the renewable energy is not very cheap at least for now.
@@ChinaTravelogueChina will be 88% renewable in 2 decades With the amount of money they are spending these days I have feeling they will accomplishing that feat even sooner than we think As they get their people to invest in critical technologies of the future instead of overheated real estate That’s not even including the new technologies on clean energy like fusion reactors that are expected to come online by 2050 as well Where China leads the world in that technology Well they do lead the world in 57 of 64 critical technologies of the future… so pretty much they are at the forefront of almost everything
Wouldn't it be more secured for the Brics to make their own cryptocurrency to trade amongst themselves. I think the dodgy history of Bitcoin is a security threat.
Bitcoin is like USD and oil priced in USD its made by the americans and is weaponised, if BRICS own some of bitcoin it will keep the west and america in check.
You don't understand Bitcoin yet...it can solve why BRICS exists and tries so hard to want to do... dedollarize, decentralize, and one thing no other currency (BRICS included) can do, TRUST.
@mingouczjcz3800 I know, but confidence breeds investment. No way in hell would HK be the financial capital until the communist party falls. Investors will not move to a place where overnight all assets can be stolen or laws changed, as the Chinese do all rhe time.
yeah, it's weird to put colours too closely related, and easily confused for anyone "slightly" red-green weak, seeing purple as "less colorful blue", and blue looks more vibrant in fact, scientifically, so-called "purple" (the pigment) actually a non-spectral colour, it doesn't have a wavelength whereas, in terms of light, "violet" is part of the rainbow spectrum, with specific range of wavelengths
Those prices are probably old from argentina, but the lowest category is for a certain amount of consumption- not unlimited. Many of these countries have inexpensive electricity because people are poor and don't consume very much energy anyway. If any of these people from these countries consumed enough energy to produce one Bitcoin they would be in the highest consumption bracket and be paying the highest prices.
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Some regions in Russia are short of electricity -- there mining became illegal recently. Other regions, especially near big energy stations, offer cheaper electricity and are attractive for miners.
it's not stable because its capitalization is small. As it is adopted and grows, it will stabilize. At full adoption, when prices are no longer in dollars but in bitcoin then dollars will no longer be stable as all value will be denoted in bitcoin.
Your definition of halving is incorrect. The halving is when the amount of bitcoin given as a reward for solving the algorithm, is cut in half. It therefore could not increase the amount of electricity required to solve the problem/algorithm.
Who the hell would want to sell anything to receive a made-up digital coin. What inherent value does it have that makes it desirable? Just because a swindler says that poop is food doesn't make it so.
Dan, For hundreds of millions of people who live in regimes where their savings are confiscated by inflation, or overt govt taking, crypto makes plenty of sense. If you were a Venezuelan, Iranian or Turk, and you kept your savings in your local currency, the buying power of that would erode away.
@@danstenis660you answered your own question, people in the global south are flocking to other means of fiat currency because our mighty government used the dollar as a weapon and gave itself the right to take any dollar stored anywhere if we dont like the government.
Yes, yes, yes! Bitcoin needs to be traded for goods and services. The problem is, it's not worth enough - yet. If you want to start trading, say, oil with Bitcoin it needs to be worth millions per coin or there simply isn't enough bitcoin available. The oil trade is worth approx $4.3 trillion per year, the entire value of bitcoin is $2t, most of which is locked up. Then think of all other commodities, grain, coal, computer chips etc
Video transcript and direct links:
open.substack.com/pub/kdwalmsley/p/bitcoin-and-the-brics-will-make-hong
Most Comments are being Suppressed on this Channel.
Thank you for posting this!✌🏼
@@markpiersall9815 They have to maintain the narrative.
Tap on the "Newest" option in the Comments bar to show hidden comments. This will not recover censored comments.
@@markpiersall9815yes they are!
If Bitcoin follows the same patterns it followed in the last cycles,we will have a 200k Bitcoin by the end of 2025.I think we can even have more than 200k because many catalysts will impact the crypto market in 2025:1-Central banks joining the Bitcoin bandwagon in January 2025,2-A new SEC commissioner will be nominated 3-More institutions will come to the market 4-A potential Crypto regulation will come out in 2025 5-FED lowering interest rates all year of 2025...never been a better time to be involved in the market........ I have managed to grow a nest egg of around 3b"tc to a decent 15B'tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Antonio Devon can be crucial. His expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.
He mostly interacts on Telegrams, using the user-name,
@Antoniodevon⭐
With copytrading, you could be sipping coffee on a balcony overlooking a bustling city skyline or lounging on a pristine beach, all while your signals work for you.
Antonio devon analyses go beyond surface-level trends. he delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market.
Reason i invest in the crypto market; to make my money work for me, to prevent inflation from eroding my savings
Learning something new every single video. Kevin kicks ass
Yup, he tells you like it is!
Very smart man
Agree.
Usually Kevin is the first to break an important financial story.
@@vern146
Not only brilliant, but more importantly, intellectual honest.
Yes! This man is a jewel.
The future of Hong Kong is full of hope and excitement, which is great.
@@cszuhan Absolutely! IT circumvents one Nation controlling it!
Like China.
lol 😂 The CCP turned Hong Kong 🇭🇰 into a broke, forgotten SHITHOLE 💩
Opium is coming back in style.
The exiled hong kongers are saying the opposite
So, the places where electrity is state owned is cheaper and the places where the electricity is privatized, the prices have gone through the roof.
We were sold a lie about privatization. We were told it would provide a better service and be cheaper.
What they meant to say was:
"the service will be worse and it will cost more because now capital that was reinvested into the provider under state control will now be diverted towards shareholders."
Pretty much I live in Canada
We are one of the biggest oil producers in the world yet we have no State owned oil company
Just a bunch of private corporations who pay us royalties
Yet every time oil prices go up we fear going to the gas pump
👇
Are Albertans collecting a fair share of oilsands wealth?
New data shows owners of one of the world’s largest oil deposits are getting cut out of the deal
Alberta’s 30 most productive oilsands projects accounted for more than 95 per cent of oil produced in 2017, generating $53.5 billion in revenues.
The companies producing that oil - including Suncor, Cenovus, Canadian Natural Resources Limited and Imperial Oil - made $10.14 billion in profits, while Albertans collected $2.37 billion in royalties.
That means the biggest oilsands companies paid a total royalty rate of 23.37 per cent of profits.
* Jim Roy, an Edmonton-based royalty consultant and a former senior advisor on royalty policy for Alberta Energy, told The Narwhal that Alberta’s rates can be comparedto government returns in Saudi Arabia (85 per cent), Norway (78 per cent), China (63.5 per cent) and Australia (58 per cent).
Narwhal
Wall st privatized money wants to monopolize power to forever milk the people. They only think in profits and control. Long term projects they don't wish to risk because it could mean losses and cheaper energy would mean less profits.
I agree, every country should deprivatized energy and all basic goods and services for the whole of the people. But but...then some people will scream it's socialism and it's a no no 😅
utility such as water, electricity, gas, telecommunications, health care are vital services which should be under state control at cost plus basis, not profit seeking private hands.
Now imagine if the shareholders are all bankers from different countries except yours,..., one of the ingredients for the recipe to make a third world country.
@ where I live we are paying 10 cents per kilowatt hour
It is a Provincial crown corporation
But we get hydroelectric power
So I can’t say it cheap because of it being a renewable energy source or because it’s not some greedy corporation in charge
I run a financial services business in HK. I wholeheartedly agree.
Alright
Hong Kong equities look very reasonably priced at the time I am writing this (late Dec 2024)....
During the California gold rush, the real profit was made in selling mining and camping equipment to the miners rushing to California.
Showing subsidized household electricity prices on a map , and hiding real electric prices. Very clever
prifit.. wtf is that.. do you mean profits..
@@boatsandoutboards9070
Yeah China is spending the money now but will be 88% renewables in 2 decades
Better than not spending the money at all on renewables
Btw are you one of those same folks crying about over supply or over capacity in China these days???
👇
JANUARY 30, 2023
3 MIN READ
China Invests $546 Billion in Clean Energy, Far Surpassing the U.S.
China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing
Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF.
The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.
Scientific American
👇
Analysis: Clean energy was top driver of China’s economic growth in 2023
Other key findings of the analysis include:
Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023.
China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 - and similar to the GDP of Switzerland or Turkey.
Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year.
Clean-energy sectors, as a result, were the largest driver of China’ economic growth overall, accounting for 40% of the expansion of GDP in 2023.
Without the growth from clean-energy sectors, China’s GDP would have missed the government’s growth target of “around 5%”, rising by only 3.0%
CarbonBrief
👇
China is responsible for 33% of the world’s energy-related CO2 emissions today, but this will reduce to 22% by 2050, a reduction in annual emissions of 8 GtCO2 (three times the size of Europe’s decarbonization over the same period)
China’s power mix shifts from 30% renewable today to 88% by 2050
Solar makes up 5% of power generation in China today - this will rise to 38% by 2050
Oil consumption only halves by 2050 from its 2027 peak, while natural gas peaks in the 2030s before returning to today’s levels by mid-century
China will further extend its position as the world’s green energy leader with unrivalled build-out and export of renewable technology
DNV
@@boatsandoutboards9070what’s your point?
Not to mention the eternal cash cow - rentals and loans.
The US economy is in financial quick sand. With every move it sinks a bit more
Maybe its time. To stop living like a colony. Have supplies ever slowed down? Has it ever existed as just a nation on its own two feet? No, because of that, until that happens, the churn and chaos of your life will only become more mutated from you think it should look like as these forces of your consumption are constantly forced to shift. Because they have no basis in your geography. Maybe Elon will Mars you up.
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Robert L Cox.
Cox demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Robert Cox. I met him at a conference in 2018 and we have been working together ever since.
Hong Kong does not tax capital gains from investments and it gives it an advantage to compete as the center of bitcoins trading. Hong Kong people’s entrepreneurial spirits have always been the roots of their success, despite all the talks about the city in recent years.
Good information thank you
Best channel on RUclips. Thank you all for your efforts.
Wishing our leaders weren’t like spoiled brats. Thanks for the clarity. ✌️
Alright
Exactly 💯
Sanctioning themselves out of the global economy :P
Mission accomplished. 🎉
👌
You're smart dude... respect
He's just saying what is already happening and embellishing.
@@ogkillingpunchlinefeel free to point out what you think he is embellishing
@@FAFORednickincell
Fell free to search the data. It's free.
@@ogkillingpunchlineyou have no idea
He has one of the most instructive channels on RUclips. I can't go a day without watching him .
Investing in Bitcoin is the best investment anyone can do, because it has made a lot of people millionaires. I pray that anyone who is reading this will be successful in life..
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
imagine investing in Bitcoin earlier.... You could have been a multi millionaire presently
You are right. Been thinking of going into gold and cyptocurrency
It's obvious many people is doing this online Investment@@EllaJärvinen-u7i
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Thanks 4 all your valuable information
I'm almost certain that at some point, the BRICS Bank will issue a cryptocurrency, let's call it Bricoin, and allow each member to use their dollar reserves to purchase a certain amount of this new currency. Members can then start using Bricoin to trade with each other, and then non-BRICS members can use Bricoin to trade with BRICS members. After several additional steps, Bricoin will eventually be open to all countries, institutions, and individual customers except certain countries. The total amount of Bricoin will increase, but strictly in proportion to the expected transaction value of the tangible commodity. We understand that product prices within the BRICS market should be lower than in the general market.
I think this comment was the entire idea when BRICS met and announced their own currency a few months ago.
I don't have great understanding but it seems to me this comment is in contrast to the article. A crytpocurrency is neeeded to bypass US dollar tyranny but also to co-exist with it. But that doesn't need to be Bitcoin with its mining and speculative issues, but nor need it be BRICS-centric. Just a good crypto that can be used as anonymous means of exchange and has input/output facilities. The BRICS angle would just be a source of initial 'subscribers' but could later interface with other cryptos which would have outlets and exchange rates. Simpleton view here I know and more of a question.
XRP
I still think it's crazy... This money from thin air thing. 🤔
As long as it is backed by Bitcoin, it should work, but if its issued by another entity it won't work. Remember part of Bitcoins' value is that its a decentralized comodity.
Thanks for the video on BtC . Happy Holidays. Nice drone shot. Keep up the good work.
I'm Chinese. I've been following your channel for almost a year, Kevin. China will not use Bitcoin, but will replace it with an electronic version of the Chinese yuan. China has always been cautious as the uncertainty of Bitcoin is too high. I can only say that Hong Kong, as a financial center, can accept the circulation of Bitcoin from the Hong Kong Stock Exchange, but China's trade will not participate in it
是的，比特幣的波動極高，甚至連做為儲備貨幣都有很大風險，而且是由美元定價
Bitcoin and Digital Yuan are two totally different concepts as a media of exchange. Digital Yuan is a legal currency issued and backed by Chinese government, just in digital form.
To me bitcoin is like gold, an asset that is created somewhere in the world, and is valuable just becausee many people in the world willing to pay some money to own it. When one day no one wants it, its value = 0. But at least for the foreseable future, there are enough people in the world willing to pay silly money for it, so you can keep it for now, and use it to buy anything as an exchange.
@@infoseeker1187 Bitcoin is not like gold, it's like IOUs for gold. Gold has inherent industrial value along with decorative value. IOUs have no inherent value if you cannot force someone to honor them.
Who gives the US sanctions rights to place sanctions on anybody
They think they R choosen by GOD
Nobody, it was TAKEN by them thru securing access to SWIFT and the $$Reserve currency.
Very intentional to "conquer the world"
@@Macsalleh
Just like their masters in the Middle East. They too think they are the chosen people :)
They took the right for themselves, they didn't ask anyone's permission.
@virginiosavani By taking over SWIFT and $$Reservevcurrency.
Saturday treat!!
❤❤
Thank you. Best wishes.
Love Hong Kong. Will go there one day again.
Better have a bunch of cash in your pocket.. Hong Kong is expensive!
Free Jimmy Lai 🇭🇰🇭🇰🇭🇰
Free Hong Kong 🇭🇰🇭🇰🇭🇰
@IsraelROCKS-x6y yes, the queen appointed British governor is the definition of democratic freedom - trying to prove yourself to be an i di. Ot?
@@IsraelROCKS-x6y Who is Jimmy Lai? Can you explain little more about this person.
@@IsraelROCKS-x6yIs not real is fake and it blows your boyfriend!🤣
Eye-popping information! There are at least four major topics discussed here. I’m sure Navarro is very dependent on you.
Navarro the China Hawk? He is still stuck on 1990s solutions for China these days
During the 2008 Beijing Olympics, Amazon suddenly began running US ads on the internet with the lead-in: "Thinking of visiting China? Read this eye opening book before you go."
The book was Navarro's "The Coming War With China", and it made the likes of China Uncensored look moderate by comparison. At the time, Navarro was a Professor at the University of California.
Navarro was sent to prison for 4 months for contempt of Congress because he refused to respond to a subpoena for documents and a deposition regarding the Jan 2021 riots at the White House.
@@motherlandbot6837 Navarro takes an extreme position - which is indicative of the thinking of .rump. Their super-confidence is troubling. But there is the saying “pride cometh before the fall”. The next administration may change history - in the wrong way.
Chinese leaders are very smart and strategic in their thinking.
They play "Go."
It's mind-blowing trying to make sense of everything that's happened since the great scam of 20-twenty and to join the dots. I believe it boils down to depop, stakeholder capitalism and digital enslavement.
No. Haven't you been paying attention to Kevin? It all boils down to China.
Best commentary ever!
Thanks Kevin. Easy to understand your reporting. Looks like those HKgers that left for UK are regretting that decision, not wrt Bitcoin.. by to Western lies of prosperity. I have to retire in China!
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Thank you Kevin excellent video on a topic I knew nothing about
Happy new year to you and your family🎉🎉🎉
Thank you again Kevin! Here in Texas they're trying to attract miners but that could take power away from the general population. If they have to choose my bet is that they'll choose corporate interests as we're heading toward corporatism. Stay safe sir!
you should look into this more closely.
the miners are restricted to the electricity that they use and when they can use it . power generators are not turned off during non-peak hours. this excess electricity is lost revenue. when electirc companies can sell this electricity, it has the effect of increasing their revenue. this increase in revenue lowers their average cost of production.
The issue with bitcoin is the immense amount of pollution it produces and the huge waste of electricity 💀
wrong.
bitcoin miners are highly restricted to using non-essential electricity during off hours when unused electricity goes to waste. electric generators do not turn off during non-peak hours, so this unused electricity can be sold to the bitcoin miners. this helps the power generation companies generate more revenue which keeps their average costs lower.
As opposed to the current huge financial system?
You have listened to main stream media and believed it. Do better
Thanks man, you are a goldmine. I read daily, but in truth, it's your stuff that gives me real insight. I need to start reading what you are reading. Be good my asian brother.
Wow… it’s amazing how many steps people can think to make money and profit.
Hong Kong has a long and not-necessarily-law-abiding history of overcoming trade barriers. Back during the Opium Wars, Hong Kong was a major hub of opium smuggling. When the Chinese economy, under Mao, was closed off from the world, Hong Kong was the place you could get things in and out, if you could do it at all. For a while, relations between China and the West improved, and it looked like Hong Kong would be eclipsed by China's other major ports. But now that the world is trending towards more sanctions and trade barriers, it looks like there'll be demand for Hong Kong's particular expertise once again.
A REALLY interesting and informative commentary!
Thanks Kevin.
Blessings from Australia.....❤
Great explanation for those under educated
ICB -- I discovered your channel perhaps 8 months ago. The insights your channel provide are unique. Its shocking you only have 84K subscribers. Please keep up the good work. (ps. I also see your videos on TikTok occasionally.)
Anything can be overcome if there's a loophole 😮
道高一尺，魔高一丈。
There will always be loopholes as corruption is everywhere. Truth be told, the business/political elites thrive on corruption through legislative loopholes.
Excellent work again sir.
Excellent insights as always
that is why China is investing in nuclear fusion projects. If they can create commercal nuclear fusion power station, China will unban bitcoin.
China will be 88% renewable in 2 decades regardless
But they lead the world in fusion technology and are the first to go to the far side of the moon where the helium 3 is in the most abundance as the fuel to run those future fusion reactors
China doesn't control BTC, so they will keep it banned.
I was privy to what industrial rates were when I worked in industry. The rates were always lower than residential by a substantial margin in the USA. We were not allowed to disclose them because consumers would be mad if they knew we could pay rates much less than theirs.
Industrial Rates are around 8cents per kWh in the USA. In Russia it’s 2 In Iran it’s 2
I love it when seemingly disparate interests collide
Wow Hong Kong China,, Russia and all of BRICS countries.
You are doing great job- keep it up
One of the best experiences of my life was flying into Hong Kong's Kai Tak airport, flying past the office buildings and looking in the windows to see people working at their desk was something new for me.
I Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week .i started with 3k in last week 2024..... now i just hit $12,590
How please can you explain because I've been making a lot of looses trying to make profit trading.
Weekly trading is the best way of making money in the market due to lack of experience which resulted in loosing funds.But miss Violet Zyaire, restored hope shes a good woman
Since meeting Expert Violet Zyaire., I now agree that with an expert managing your portfolio, the rate of profit is high, with less risk.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Since I became so rich in her trading I realise that crypto is the future cuz l invested 7k and made up to 36k as weekly profit I appreciate the help of this woman
i have been following bitcoin since its beginning. you have truly nailed it ! anyone who watches this video will understand what bitcoin really is and what the political implications of bitcoin are and why it is so valuable. well done kevin !
Stakeholder capitalism is being rolled out across the global North (aided and abetted by our 'leaders' ) whilst the BRICS nations are flourishing.
It's called stakeholder capitalism because the endgame of that plan is for the plutocrats to feast on the barbecued remains of everyone else.
I don't know about South Africa, but Brazil and Russia are in a very bad moment.
compliments from Italy, engineer Zanetto Roberto
American people are arrogant, except You
yet another totally new thing i learn here. 👍
Fyi. I dont get all your videos... i need to find them... even when im subscribed. ✌️ peace and thanks ✌️
Thanks for an educational video. Festive greetings from London.
This video is so insightful!
US and the West just couldn't keep up, out witted
VERY INTERESTING.
great expertise ! Thank you for sharing
Hong Kong will replace NY & London?
HK is back!
Fascinating
As allways, most giving and uplifting!
A good and prosperous end of this year are sent to you.
And also with the hope and wish for a very Good 2025 for you!
Hong Kong has reinvented itself as a 'new' financial center of the World.. !☺
Long live free energy
Zelensky will accept Bitcoins for US weapons 😂
Brilliant Kevin .. brilliant video
Pure genius
Very informative..
Seems that BTC mining is not environmental friendly due to very high energy consumption.
Etherium is not.
And the U.S mine coals are....
Our current banking industry use 2.5 times more electricity vs Bitcoin mining. Banks doesn't get to choose where their electricity comes from but Bitcoin mining get to choose as renewable energy usually cheaper.
@@kennychewcg I understood that China has been trying to lower the cost of renewable energy to the level of cost from burning coals. This shows that the renewable energy is not very cheap at least for now.
@@ChinaTravelogueChina will be 88% renewable in 2 decades
With the amount of money they are spending these days
I have feeling they will accomplishing that feat even sooner than we think
As they get their people to invest in critical technologies of the future instead of overheated real estate
That’s not even including the new technologies on clean energy like fusion reactors that are expected to come online by 2050 as well
Where China leads the world in that technology
Well they do lead the world in 57 of 64 critical technologies of the future… so pretty much they are at the forefront of almost everything
Wow, your insight is amazing for lay people like me!! Thx 🙏
Fascinating what is happening in the world right now...
Identify a need and fill it. A basic of business.
Wow sounds like Wolf Warrior is working out for them .
Paper hands are finished, Web3 Infinity is the answer! 🖐️🔥
good one
great video but suggest moving the mic closer or increase sensitivity / volume as it's a bit low volume.
Wouldn't it be more secured for the Brics to make their own cryptocurrency to trade amongst themselves. I think the dodgy history of Bitcoin is a security threat.
Bitcoin is like USD and oil priced in USD its made by the americans and is weaponised, if BRICS own some of bitcoin it will keep the west and america in check.
You don't understand Bitcoin yet...it can solve why BRICS exists and tries so hard to want to do... dedollarize, decentralize, and one thing no other currency (BRICS included) can do, TRUST.
what dodgy history are you referring to?
BTC is future.....
During the Gold Rush, the people who got rich were those selling shovels.
A gorgeous lighthouse with a background of Brutalist buildings. Quite the contrast.
Great video!
So this monetary unit bleeds energy forever, brilliant.
@@rogermoore8977 nobody seems to care about that. Great point
@OneManBanned-MarcTaylor war doesn't just bleed energy. Thousands of people bleed. It's better to have bitcoin than war.
China has been banning btc since the beginning, so what is he talking about?
It's in HongKong, not mainland China
@mingouczjcz3800 I know, but confidence breeds investment. No way in hell would HK be the financial capital until the communist party falls. Investors will not move to a place where overnight all assets can be stolen or laws changed, as the Chinese do all rhe time.
It hasn't stopped millions of Chinese investing in btc and other cryptos.
Winter is coming…for the USA.
0:16 it should be a chart crime to put blue and purple on the opposite ends of a spectrum.
yeah, it's weird to put colours too closely related, and easily confused for anyone "slightly" red-green weak, seeing purple as "less colorful blue", and blue looks more vibrant
in fact, scientifically, so-called "purple" (the pigment) actually a non-spectral colour, it doesn't have a wavelength
whereas, in terms of light, "violet" is part of the rainbow spectrum, with specific range of wavelengths
Thanks
Those prices are probably old from argentina, but the lowest category is for a certain amount of consumption- not unlimited. Many of these countries have inexpensive electricity because people are poor and don't consume very much energy anyway. If any of these people from these countries consumed enough energy to produce one Bitcoin they would be in the highest consumption bracket and be paying the highest prices.
Bitcoin is a pointless use of power and computers... I looked at it and discarded the value. One day They will suddenly crash to zero.
Electricity in Argentina is super expensive and double taxed. Check your table.
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
try working to earn a living for once!!!
You would be better off asking that question to the platforms.
@@guens01 scammers
Some regions in Russia are short of electricity -- there mining became illegal recently. Other regions, especially near big energy stations, offer cheaper electricity and are attractive for miners.
OMG, at least with gold you can make something.
Thanks Kevin, a Bitcoin is not just tulip-speculation it also has a costprice, machine plus electricitity, thanks for this insight
The problem with Bitcoin as a medium of exchange is that its value is not stable.
it's not stable because its capitalization is small. As it is adopted and grows, it will stabilize. At full adoption, when prices are no longer in dollars but in bitcoin then dollars will no longer be stable as all value will be denoted in bitcoin.
@@RPhTomBitcoin is only back by speculation.
@@RPhTom Bitcoin's value is not stable, because it's an instrument of speculation, not exchange, like gold. Gold's value never stabilized.
Your definition of halving is incorrect. The halving is when the amount of bitcoin given as a reward for solving the algorithm, is cut in half. It therefore could not increase the amount of electricity required to solve the problem/algorithm.
Strongly Agree.
Who the hell would want to sell anything to receive a made-up digital coin. What inherent value does it have that makes it desirable? Just because a swindler says that poop is food doesn't make it so.
Dan, For hundreds of millions of people who live in regimes where their savings are confiscated by inflation, or overt govt taking, crypto makes plenty of sense. If you were a Venezuelan, Iranian or Turk, and you kept your savings in your local currency, the buying power of that would erode away.
@@charlesbrown9213 The USA currency is backed by the might of the country. So which government is backing Bitcoin to make it legal tender?
...like a debt-based dollar?
@@danstenis660you answered your own question, people in the global south are flocking to other means of fiat currency because our mighty government used the dollar as a weapon and gave itself the right to take any dollar stored anywhere if we dont like the government.
Good question. And yet our good 'ol US of A government holds more bitcoin than any other country's government in the world.
Yes, yes, yes! Bitcoin needs to be traded for goods and services. The problem is, it's not worth enough - yet. If you want to start trading, say, oil with Bitcoin it needs to be worth millions per coin or there simply isn't enough bitcoin available. The oil trade is worth approx $4.3 trillion per year, the entire value of bitcoin is $2t, most of which is locked up. Then think of all other commodities, grain, coal, computer chips etc
Kevin in reference to this video you should address the issue of secondary sanctions and the transparency of the Bitcoin blockchain.