STAY HUMBLE STACK SATS | RABBIT HOLE RECAP #358
- Japan's Prime Minister says his country's financial situation is worse than that of Greece https://fortune.com/2025/05/19/us-debt-top-holder-japan-fiscal-crisis-worse-than-greece/ - Steak and Shake begins accepting bitcoin at all locations https://x.com/TFTC21/status/1923235083978146165 - Nostr passes five million bitcoin transactions https://stats.nostr.band/#total_zaps - Wallet of Satoshi returning to America with self custody product https://x.com/walletofsatoshi/status/1923875750165479768 - China | Injects Billions to Stabilize Economy The Chinese Communist Party (CCP) has injected $138 billion in liquidity through interest rate cuts and a 0.5% reduction in banks’ reserve requirements, in effect expanding the money supply by 12.5% year-over-year. While the state eases monetary conditions to prop up a fragile system, ordinary citizens are left scrambling to preserve the value of their savings. Bitcoin/CNY trading volumes jumped over 20% in response, as people sought refuge from a weakening yuan. But while some can quietly escape to harder money, others are trapped in a system that treats access to money as a privilege. In Hunan, an elderly woman in a wheelchair died outside a…
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