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OTCbid - Federal Reserve Bank of New York Identifies Bitcoin as a Savings Instrument Similar to Gold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

" Past data show that we are approaching one of the best times to buy Bitcoin.

 

 

 

 

 

 

 

 

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" A major development for Bitcoin occurred a few days ago, but it did not receive the proper coverage in the mainstream media.

The Federal Reserve Bank of New York, which is one of the 12 independent banks that make up the US Federal Reserve System (Fed), recently released a scientific study on the nature of Bitcoin and the conclusion it came to is surprising: it identifies Bitcoin as a kind of savings instrument, similar to gold.

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“Monetary surprises”

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This new report, number 1052, from the Federal Reserve Bank of New York entitled “The Bitcoin-Macro Disconnect” was released a few days ago and in which the federal agency tries to understand the nature of Bitcoin.

It is a serious academic paper that uses statistical analysis. In fact, because the report led to unexpected conclusions, it is published under the title “monetary surprises”.

“The key result is that, unlike other U.S. asset classes, Bitcoin is orthogonal to monetary and macroeconomic news. This decoupling is puzzling, as unexpected changes in discount rates should, in principle, affect the price of Bitcoin even when interpreting Bitcoin as a purely speculative asset.” - Read More

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Source: bitnewsbot​

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100K BTC BUYER IN DUBAI, ZURICH 

-6% gross, -3% net, F2F, Dubai, Zurich

 

Seller Mandate Only

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NEW: 100K+ BTC @ -6% gross, -3% net, F2F, Dubai, Zurich - Look For Seller

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(Buyer:  GSAM  USEE-GAIL)

Post: 15.2.23

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• A Buyer is looking for 100K+ BTC @ -6% gross, -3% net

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• Buyer = 3%

• Buyerside = 1.5%

• Sellerside = 1.5% 

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• PROCEDURE : 

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• 1.  Buyer and seller meet F2F in seller’s office

• 2.  SELLER shall perform with a Satoshi from the wallet ______to buyers wallet

• 3.  Buyer is performing with POF during the verification of the seller's BTC wallet.

• 4.  BUYER AND SELLER SIGN A BITCOIN BUY/SELL CONTRACT (BTC) AND A SECOND INVESTMENT CONTRACT.

• 5.  Upon authenticating the Satoshi and the contents of the Investment Receiver’s    BTC wallet, Each Party submits the Investment Agreement to the Bank and, based on the “Bank-to-Bank” principle, conducts compliance for the entire scope of the Agreement.

• 6.  After signing contracts and verifying POC /POF sellers should repeat satoshi a second time from the same wallet :

• 7.   BUYER shall transfer the first tranche of minimum 5000 BTC equivalent in AED to the account of the SELLER within 24 hours or issue Managers Cheque and place it on Sellers account. If payment goes to the next banking day – seller repeats Satoshi right before payment as per p.2 (by this moment Company is fully ready for immediate payment).

• 8.  After the Payment is effected the BUYER provides Payment Documents for the SELLER.

• 9.  Upon confirmation of receipt of the BUYERS cash transfer/managers cheque to the SELLER/reflection on SELLERS account - the SELLER shall immediately release the agreed amount of   BTC to the BUYERS DEAL wallet: __

• 10.  SELLER shall provide video or screenshot of online banking any moment of BUYERS request.

• 11.  The SELLER shall then provide the screenshots to the BUYER and to consultants as a proof that the BTC has been sent.

• 12.  Upon completion of the transaction, both parties sign the affidavit of successful settlement.

• 13.  Parties agree to increase Investment amount up to the equivalent value of __________ BTC as soon as the  first tranche of funds have been successfully transferred to the Investment Receiver.

• 14.  The Parties shall mutually agree on the tranche schedule going forward.

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SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com