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World’s Largest Economies Discusses the Possibility of a National Bitcoin Reserve

Famous Billionaire (Dan Morehead)Makes a Statement About the Future of Bitcoin these days..Morehead began his remarks by addressing the US’s dependence on gold as a reserve asset. “The United States stores $600 billion worth of gold,” Morehead said, adding that this amount is equivalent to 11 million years of American wages. Despite its historical importance, Morehead argued that gold is becoming obsolete as a reserve asset in the digital age. Turning to Bitcoin, Morehead described it as a “much better” store of value than gold. He noted that Bitcoin’s digital nature, rarity and global accessibility make it a more efficient and forward-looking reserve asset. “Go to digital gold, go to Bitcoin, it’s much better,” he said. Morehead also explained that...

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A British man sued the government as the 8,000BTC hard drive was lost in a garbage dump and could not be recovered

UK government hit with largest-ever compensation: 647 million magnesium. WalesOnline reported that James Howells, a man from Newport, England and an IT engineer, mistakenly threw away a hard drive containing 8,000 Bitcoins as rubbish due to a misunderstanding in 2013. At the time, the Bitcoins were worth less than 1 million pounds. It is now worth over £500 million.Since then, James Howells has been trying to recover the hard drive from a landfill owned by Newport City Council, but the council has repeatedly refused his requests to excavate the landfill, highlighting the limitations of its environmental permit.For this reason, James Howells has sued Newport City Council, claiming 495,314,800 pounds in Bitcoin losses, and proposed that he can dig up the...

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The European economic situation is grim, and the German economy is showing signs of weakness

Compared with the United States, the challenges facing the European economy are more severe. With weak economic growth, the ongoing conflict between Russia and Ukraine, and rising trade protectionism, the eurozone economy was once on the verge of stagflation.According to data from the European Statistical Office, the eurozone's harmonized CPI grew by 0.2% month-on-month in August, higher than 0 in July. The harmonized CPI in August grew by 2.2% year-on-year, lower than 2.6% in July. But after excluding food and energy, the core harmonized CPI in August grew by 2.8% year-on-year, lower than 2.9% in July, but at a relatively high level.Worse, as a sharp increase in workers' wages pushed up the inflation rate, the eurozone service industry inflation rate...

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Is the policy of subsidizing China's international routes coming to an end?

Recently, there has been a lot of discussion in China's civil aviation circle. It is possible that China's international routes will not be allowed to use fiscal subsidies at will in the future.In the future, the competition among domestic airlines will become more and more fierce, especially concentrated in the "3+7" cities in China.Before discussing this topic, it is necessary to explain "3+7":"3" refers to the three international aviation hubs of Beijing, Shanghai and Guangzhou.On the basis of radiating the surrounding aviation transportation circle, these three cities support the construction of the "Air Silk Road", steadily develop the European and North American channels, actively expand the six major international economic cooperation corridors and the Latin American, South Pacific, Indian Ocean...

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Why do school shootings happen again

On the morning of September 4, a shooting occurred at Apalachee High School in Winder, Georgia, killing at least four people and sending nine others to the hospital. (Earlier reports said that the number of injured was 30) According to CNN, the high school received a telephone threat before the shooting. The caller claimed that a school would be shot and Apalachee would be the first school to be attacked.Authorities said a suspect had been detained, and shockingly, the murderer Colt Gray was only 14 years old! When his classmates recalled him, they all said that he gave the impression of being a "hardly talking" child. He often skipped classes and was almost an "invisible" existence. However, it was unexpected....

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