Atlas Weekly Digest April 16th

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Cryptocurrencies

Soros, Rothschilds & Rockefellers Enter Crypto

Last week it was reported that George Soros, the billionaire social activist behind Open Society, has entered the cryptocurrency market by giving internal approval to Soros Fund Management. Last year, Soros revealed the Rothschilds had exposed their portfolio via the Grayscale Bitcoin Trust. Then, this week, the Rockefeller’s $3B VC fund “Venrock” partnered with Coinfund sending prices back over $7,000.

BTC Climbs 15% in 30 Mins

On April 12th, BTC appreciated faster than any other point in 2018, as investors speculated Russian Oligarchs were buying up chunks to avoid sanctions (while prices actually seemed to fall upon the announcement last week). More likely, bearish pressure was relieved with the impending tax day deadline, or the buyers in the previous headline made bigger moves than previously expected.  

Gemini Adds Block Trading

Like the darkpools used by large institutional investors to subvert public trading ledgers, (and reduce individual investors ability to forecast large moves in the market) Gemini has now added a “block trading” feature, allowing its users to trade large orders without exposing them to the public buy/sell order ledger.

Tim Draper the BTC Oracle

This week Tim Draper, a billionaire Silicon Valley VC who famously started his own university (Draper University) predicted the price of Bitcoin to reach $250,000 by the year 2022.

Big Tech

Gambling on HQ…. Amazon’s HQ

While speculative real-estate investing is nothing new, this week, a hedgefund bet $10M (of its $2B real-estate fund) on the assumption that Amazon’s HQ will be located in Arlington, VA. The move would make sense, considering Arlington’s proximity to DC, a city Amazon will need to keep a close eye on as regulatory chatter and Trump’s tweets threaten the business model the company has perfected.

Vacation in Space

Thinking about where to vacation if BTC does hit $250,000? Well, luckily, 2022 will also see the launch of the first space hotel called “Aurora Station” which will be launched in 2021. Travelers will have the opportunity to see 16 sunrises every 24 hours, while viewing the Aurora Borealis from space. The experience will set travelers back $9.5M, or just 30 BTC if Draper’s predictions hold true.

Twitter Blocks @Bitcoin

On April 9th, Twitter suspended the @Bitcoin Twitter account, as its 821,000 followers disappeared prompting many worry that the site’s review mechanism was biased, or an internal decision was made to suspend the account. Jack Dorsey, the CEO of Twitter, also founded Square, which added cryptocurrencies earlier this year. Did @Jack want the account to himself?

What is 10x of Facebook? Google’s Data

While Mark Zuckerberg squirmed before congress, it was revealed that Google has 10 times more data on each user than Facebook. This data includes everywhere you’ve been (using Google Maps, even in the background), what you search (even deleted search history), your Youtube view history, every word you’ve ever written in Google Docs, your photos, the events you have attended, your daily schedule via Calendar, every email you’ve ever sent, and even the apps that you use, “They know how often you use them, where you use them, and who you use them to interact with. That means they know who you talk to on Facebook, what countries are you speaking with, what time you go to sleep.
 

Politics

Regulation Seems Likely

The party is over for social media companies, as representatives on both sides of the aisle have suggested changes that could gut the core business models of ad-sponsored platforms. In the past, social behemoths like Facebook and Twitter have successfully evaded regulations by refusing to be held liable for the content their users post; however, as these megacorporations push further into the sphere of journalism by hiring editors to curate content, regulators have begun to re-examine their status as indemnified free-speech platforms.

U.S., Coalition Launch Airstrike on Syria

A little over one year after President Trump launched an impromptu missile attack against a Syrian airfield in response to Bashar al-Assad’s alleged use of chemical weapons, an American-led coalition once again targeted the war-torn regime after reports surfaced of yet another chemical attack against the Syrian people. The coalition, which included France and Britain, launched over 100 missiles at chemical weapons storage and research facilities near Damascus and Homs. Government officials announced Saturday that the strikes were successful, although they admitted they could not be certain whether all the chemical weapons had been destroyed.

International

American Auto Reinvigorated

This week after worries of a trade-war began to cool, Chinese President Xi offering what appeared to be a concession in the form of reduced import tariffs on American automobiles being exported to China. The news will be welcome for the likes of Ford, GM, and other American manufacturers that have been eager to enter the 1.3B strong consumer market.

Misc

Leak of the Week +++

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While the chemical attacks and subsequent airstrikes in Syria seemed convenient (just as Trump announced plans to withdraw from Syria), Q posted about the retaliatory strikes several days prior adding to the speculation and confusion. To many, it seemed foolish for President Assad to draw us back into a war he desperately wants us to leave. The group with the most motive? Likely the rebel groups President Obama supported in an effort to fight ISIS while sparking a revolution against Russia’s ally, President Assad. Read all the posts here: https://qanonposts.com/

Mark kilaghbianComment