December 7th Midday Important Updates Overview
7:00-12:00 Keywords: People's Bank of China, Jensen Huang, a16z
1. The People's Bank of China has increased its gold holdings for the 13th consecutive month;
2. Jensen Huang: Bitcoin turns excess energy into a circulating currency;
3. The European Commission proposes to expand the powers of the European Securities and Markets Authority (ESMA);
4. SEC Chairman: The entire financial system will shift to Bitcoin and cryptocurrencies within a few years;
5. a16z: Governance inefficiencies and dormant tokens are two major issues that pose a more severe quantum threat to BTC;
6. Musk: SpaceX is raising funds at a valuation of $800 billion, which is not accurate.
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