What is more valuable: bitcoin or teeth

In addition: Fed’s inflation headache becomes more messy

GM. Today’s news is softer than a banana in oil. There are no market slippers here, only made, peeled and slightly roasted.

🥊 Bitcoin vs. teeth.

🍋 News drows: Pi Network’s new background, Microstrategy of Brazil + More

🍍 Market taste today

The cryptographic market is much less nothing today: prices are a kind of awkwardly by side.

That could have something to do with what Fed president said Jerome Powell, yesterday, which is that we I could have to get used to higher interest rates for a while.

Because? Supply damping.

That is basically when something suddenly puts the availability of goods (such as tariffs 👀) and makes prices increase even if demand remains the same.

This makes inflation more unpredictableAnd put the Fed in a sticky situation, where you have to decide:

👉 Do we further increase rates and the risk of slowing down the economy?

either

👉 Do we live with greater inflation for a while?

That is why Powell is in no hurry to reduce rates.

And it’s a bit annoyance for cryptoBecause the market bone Rate cuts.

The money becomes cheaper = investors become more willing to put their money in more risky assets. Visual representation of how they look by the way:

In addition to that, we also obtained two major data that shows how this act of economic balance is being developed: Producer prices and retail spending.

The producer’s price index (basically what companies pay for goods) increased 2.4% during the past year – A little fresher than expected, and below 2.7% in March.

That is a sign that inflation can be softening, at least on the offer side.

But move away a little and good vibrations fade:

Retail sales, also known as the number of people they are spending, increased only 0.1% in April, compared to 1.7% in March. Great slowdown.

This could be because people were buying panic before tariffs began, and that short -term impulse is now fading. But it also suggests that consumers are becoming cautious.

So, among companies that face less cost pressures and buyers who withdraw, there is a growing feeling that Inflation can cool, but at the expense of the slowest demand.

And that exerts even more pressure on the Fed to discover where to go next without leaning everything.

No pressure, Jerome 👀

🥝 Memecoin harvest

Oh, some hit the gym, others hit the orbit. This is what Moon Walking Rn is: 🌕✨

Data at 04:45 am est.

Check out these memecoras and much more here.

If you spend a lot of time in cryptographic circles, it is easy to end in a bubble.

We see holders about countries and states that build strategic encryption reserves, institutions Going Degén – And for us, it feels like ✨ everything is changing ✨

But leave that bubble for a second … and most people still have no idea.

Annex A: Financial Times. One of the most respected financial newspapers out there.

Have a docuseries called FT moviewhere they cover topics such as finance, politics, technology – All kinds of serious things.

And recently they dropped a Video about Michael Saylor – The co -founder of the strategy (previously Microstrategy, also known as the corporate headline of Bitcoin), the guy who never sells, The man, the myth, the legend, so to speak.

In it, Katie Martin, columnist of the market of Financial TimesExplore the Bitcoin strategy strategy (We will not unpack here – You can see it yourself)And then leave this line:

“Bitcoin Maxis like Jeff Walton and Michael Saylor believe in the value embedded in Bitcoin due to their shortage. I still don’t understand this. My teeth are quite scarce and quite useful, but thousands of millions of dollars are not worth.“

And yes … Internet had a field day with that:

Now obviously, that was destined to be a joke. But the fact that this comes, I repeat, A market columnist really makes you think.

Because it shows that many people, even people who understand traditional finances, I still don’t really understand Bitcoin (or crypto in general).

Of course, your teeth are scarce. You only get 32 ​​of them, hopefully. Unless you are a shark? But this becomes even more complicated, because how are you reading this? Do shark care for global finances? 🤨

UHH, anyway. Yes, the teeth are scarce. It is also Bitcoin.

The difference? Bitcoin’s shortage is measurable, applied and universally recognized. There is a hard limit: 21 million.

Meanwhile, the limit of the teeth does not apply, nobody has the account worldwide and its value is not transferable or standardized. They are useful, but not in an economic system.

In addition, scarcity alone does not do something valuable. There must also be demand.

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

In contrast, Nobody cares about his teeth, except you. They simply do not have that type of global market demand.

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

“Bitcoin is not for the weak hearts. Without obvious useIt is an inherently speculative commitment. “

The first part? Just because Bitcoin is volatile.

But affirm that Bitcoin has “Without obvious use”… Is.

How ‘Fight:

• Value warehouse: The most cited use case. Bitcoin is used to protect against inflation and currency degradation;

• Censorship resistance: No government or company can freeze, reverse or block Bitcoin transactions;

• Cross -border payments: Bitcoin allows people to move value worldwide without banks, intermediaries or high rates.

So, no, it will not help you chew food like your few teeth. And perhaps the case of use of Bitcoin is not relevant to you personally.

But calling it useless is simply incorrect.

So what is the food to take here?

Even intelligent and respected voices in finance still do not understand Bitcoin. And that shows that cryptogram still lives in a bubble.

Yes, that bubble that now includes institutions, whole countries – And most importantly, you 🥰 (Look at us, linking right now). But it is still a bubble.

From the outside, much of what seems obvious to us, the shortage, the utility, the long -term value) may sound nonsense if you are not tuned.

And honestly? That’s ok. Because it means that If you are reading this, it’s not too late.

Maybe you didn’t buy BTC at $ 1. But you’re here before a columnist of the Financial Times market.

And that is something.

🍋

💰 Pi Network launched a $ 100m fund to admit projects that are built on its platform. They want to help applications and companies that use PI or bring more activity to the network.

🤫 The computer pirates bribed some coinbase support contractors abroad to filter limited customers, then demanded $ 20 million to keep it silent. Instead of paying, Coinbase offered a $ 20 million reward to anyone who could help identify and condemn the attackers.

Méliuz became the first company that is quoted in Brazil in making Bitcoin a key part of his financial plan. The Michael Saylor virus is becoming international …

🍌 Juicious memes