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Would you pay your taxes in Bitcoin?

Economist and staunch Bitcoin critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. Schiff took to X to share his observations on the current trading patterns and ETF inflows of Bitcoin. He suggested that while the “smart money” is selling Bitcoin in the spot market, the “dumb money” is buying it through ETFs. In what looked like a cheeky remark, Schiff congratulated the Bitcoin whales for setting ETF investors to be the bag holders, a financial slang used for those who hold on to poorly performing assets. Schiff’s post comes in the wake of Bitcoin’s ongoing stress, compounded by potential sell-offs of billions worth of King Crypto from Tokyo-based cryptocurrency exchange MT.GOX Exchange. Schiff stated last week that 70% of those who bought spot Bitcoin ETFs are losing money when Bitcoin trades at the $54,000 level. He suggested that a decline below $38,000 will push “100% of Bitcoin ETF buyers” into the red. . #peterschiff #etfs

Boeing and the DOJ agreed to a preliminary plea deal, according to a court filing on Sunday night. Boeing will plead guilty to criminal conspiracy to defraud the U.S. after allegedly misleading the Federal Aviation Administration regarding safety on its 737 MAX plane. Two crashes of the 737 Max in 2018 and 2019 resulted in the deaths of 346 passengers. Under the deal, Boeing will spend at least $455 million on safety and compliance over the next three years, according to court filings. The agreement also requires Boeing to install a corporate monitor and allow the court to determine restitution for victims’ families. Robert Reich, Labor Secretary under the Clinton Administration, called Boeing a “sh***y corporation” in the wake of its plea deal. “Boeing’s descent reveals everything wrong with American capitalism today,” Reich posted on X. Reich also alleged that Boeing spent millions on stock buybacks and congressional lobbying instead of using its cash to ensure that its planes were safe. Furthermore, Reich alleged that Boeing’s workplace culture prioritized profits over safety. . #boeing #DOJ #robertreich

Bill Gates hired Steve Ballmer as the first business manager at Microsoft and now is behind him on the billionaire's index. Ballmer’s net worth has now reached $157.2 billion, making him the sixth-richest person globally. The surge in Microsoft shares, which have seen a 21% increase this year, has significantly contributed to Ballmer’s wealth as over 90% of his net worth is tied to Microsoft shares. Gates, with a fortune of $156.7 billion, has diversified his holdings.

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Trump's face on a $500 bill?

Why Whiskey's Flavor Maturation Is a Steady Investment With Anthony Zhang of Vinovest and Vincent Flint-Hill of The Single Cask

At a recent Tesla shareholder meeting, Elon Musk said, "We actually did have two homicidal maniacs in the last roughly seven months come to aspirationally try to kill me and a bunch of other people, so it’s not just me, and then there wasn't like an actual issue that they articulated. They were just in the homicidal maniac career, so I do need to be kind of careful."

Did the recent Boeing flight mishaps make you nervous?