4 October 2022
We don’t have much commentary today other than some brief words below.
Decided to keep it short this Monday.
Hot
Gary Vaynerchuk Hand-Drawn VeeFriends Doodles Sell For $1.26M
Gary Vee’s five NFT drawings just sold for $1,262,500 at Christie’s.
The auction took place at Christie’s New York on October 1.
This guy seems to have his paws in just about everything, so we don’t find this surprising.
Looks like he made moves fast with regards to the NFT craze earlier this year.
Brazil aims to tighten penalties for crypto-related financial crimes
Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.
Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies like Bitcoin (BTC), according to an official announcement on Wednesday.
The latest regulatory amendments are part of bill 2303/15, increasing the size of the fines from one-third of the amount of laundered money to two-thirds. The bill also proposes to raise minimum prison terms from three to four years, and increase maximum prison time from 10 years to 16 years and eight months, in addition to a fine.
Thought Piece
BITCOIN IS THE ULTIMATE PARADIGM SHIFT
Bitcoin is Satoshi’s solution to a problem that the entire world faces. Digitized encryption has unleashed an idea that has sparked inspiration in the hearts and minds of millions and soon billions of people. It transcends money because it is an idea that cannot be put back into the box. If Bitcoin hasn’t opened a new neural pathway in your mental approach to asset scarcity, financial freedom and a store of value you haven’t done enough research. The good part is there are now tons of ways to learn about this transformative technology on your path to becoming orange-pilled.
If you have the time, give this a read.
It is very thought-provoking and offers great insight into the world of crypto and the theories behind it.
Pour Conclure
We’ll see you tomorrow, friends.
Your Pal,
The Gopher
P.S.
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