What’s more valuable: Bitcoin or teeth

Plus: Fed’s headache inflation becomes Messier

GM. Today’s news is smooth from banana in oil. There is no market charge here – just facts, peeled and slightly baked.

🥊 Bitcoin opposite the teeth.

🍋 NEW FALL: New Pi Network Pi Network, Microstrategy of Brazil + More

🍍 market taste today

Crypto Market does not give us the whole lot today – prices are a kind of clumsily going aside.

It might have something to do with what Feda Jerome Powell’s chair said yesterday, and that is may have to get used to larger interest rates for a while.

Why? Supply of shocks.

This is basically when something suddenly messed with the availability of goods (such as tariff 👀) and causes prices to increase even if demand remains the same.

This kind of thing makes inflation unpredictableand puts the Fed in a sticky situation, where he has to decide:

👉 Do we increase rates and risk slowing economics?

or

👉 Do we only live with greater inflation for a while?

Because of this, Powell does not rush to reduce the footsteps.

And that is a little a Bummer for cryptocurrenciesbecause the market bone Reduction of the rate.

Money becomes cheaper = investors become more prepared to put their money in more risky assets. Visual display of the way BTW look:

On top of that, we have also received two big data showing how this act of economic balance is played: Manufacturers and retail consumption prices.

The manufacturer’s price index (basically what companies pay for goods) has increased 2.4% in last year – A little colder than expected, and in March with 2.7%.

This is one sign that inflation can soften – at least on the supply side.

But zoom in a little, and good vibes are pale:

Retail sale – aka how many people spend – only 0.1% increased in April, compared to 1.7% in March. Great slowdown.

This could be because people bought panic before the tariffs started, and that short -term reinforcement is now fading. But it also suggests that consumers become careful.

So, between companies facing fewer costs and customers who are retreating, there is an increasing sense that Inflation could cool down — but at the cost of a slower demand.

And that makes even more pressure on the Fed to understand where to go without overturning the whole thing.

No pressure, Jerome 👀

🥝 Memecoin vintage

Ay, some hit the gym, others hit the orbit. Here’s what Moonwalking rn: 🌕✨

Data from 04:45 am est.

Check these memecoine and a lot more here.

If you spend a lot of time in crypto circles, it’s easy to end up in a bubble.

We see titles about countries and countries that build strategic crypto reserves, institutions Next Degen – And for us it feels like everything is changing ✨

But get out of that bubble for a second … and most people are still no idea.

Exhibition A: Financial Times. One of the most respected financial newspapers outside.

Have invited documents Ft moviewhere they cover topics such as finances, politics, technologies – All kinds of serious things.

And recently dropped a Video about Michael Saylor – Co -founder of the Strategy (earlier Microstrategy, aka the largest corporate holder Bitcoin), a guy who never sells, Man, myth, legend, if you will.

In it is Katie Martin, a market columnist on Financial Timesexplores the Bitcoin Strategy Strategy (which we won’t unpack here – You can watch it yourself)and then drop this line:

“Bitcoin Maxis like Jeff Walton and Michael Saylor believe in a value embedded in Bitcoin because of their scarcity. I still don’t understand it. My teeth are pretty scarce and quite useful but not worth billions of dollars. “

And yes … the internet had a terrain with that:

Obviously it was supposed to be a joke. But the fact that it comes from, I repeat, The market columnist really makes you.

Because it shows that a lot of people – even people who understand traditional finances – I still don’t understand Bitcoin (or cryptocurrencies in general).

Of course, the teeth are scarce. We hope only 32 of them. Unless you are a shark? But then this becomes even more complex, because how do you read this? Did sharks take care of global finances ?? 🤨

Uhh, anyway. Yes, the teeth are scarce. So is Bitcoin.

Difference? Bitcoin’s scarcity is measurable, forcibly and universally recognized. There are hard limitations: 21 million.

In the meantime, the border of the tooth is not implemented, no one holds a global count, and their value is not transmitted or standardized. They are useful, just not in the economic system.

Plus, just scarcity does not do something valuable. There must also be demand.

Bitcoin has a demand because people see it as a warehouse of value, investment or protection against inflation.

Opposite that, No one cares about your teeth except you. They simply do not have such a demand for the global market.

And Katie didn’t stop. She also said, and I quote:

“Bitcoin is not for visually impaired. With No obvious case of useIt is inherently speculative bet. “

First part? Fer, because Bitcoin is unstable.

But claiming that Bitcoin has “No obvious case of use”… Yes.

How ‘boot:

• Value trade:: The most famous case of use. Bitcoin was used for protection against inflation and currency debasiers;

• Censor resistance: no government or company can freeze, reverse or block bitcoin transactions;

• Cross -border payments: Bitcoin allows people to change globally without banks, medium or high fees.

So no, it won’t help you chew food like your scarce teeth. And maybe Bitcoin’s case of use is not important for you personally.

But calling him useless is only wrong.

So what’s here?

Even smart, respected voices in finances still do not understand Bitcoin. And that shows that cryptocurrencies still live in a bubble.

Yes, that bubble that now includes institutions, the whole country – And most importantly, you 🥰 (Look at us to connect right now BTW). But it’s still a bubble.

From the outside, a lot of what seems obvious to us – scarcity, usefulness, long -term value – may sound like stupidity if you are not adjusted.

And honestly? That’s fine. Because that means If you read this, it’s not too late.

You may not have purchased BTC for $ 1. But you are here earlier than the columnist on the Financial Times market.

And that’s something.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!

🍋 The news falls

💰 Pi Network has launched a $ 100 million fund to support construction projects on its platform. They want to help applications and companies that use PI or bring more activities to the network.

🤫 The hackers bribed some supporters abroad to leak limited customers data, and then asked for $ 20 million to keep quiet. Instead of paying, Coinbase offered a $ 20 million prize to anyone who could help identify and condemn the attackers.

🇧🇷 Méliuz became the first public trading company in Brazil to make Bitcoin a key part of its financial plan. Michael Saylor virus goes internationally …

🍌 juicy mes