SoCal Solar Power Energy

SoCal Solar Power is making renewable energy more accessible than ever before. With its low costs and high efficiency, solar energy is becoming an increasingly popular choice for home and business owners. Its affordability is one reason why many homeowners have made the switch. Here’s a look at what makes solar power so attractive. If you’re interested in learning more about solar energy and its benefits, please read on. SoCal Solar’s installation services are a great way to get started.SoCal Solar Power

SoCal Solar Energy, Inc. is a California-based company with over 6,000 residential property installations under its belt. The company’s owner, James Pieratt, is a Certified Energy Manager with more than 30 years of experience in the electrical contractor industry. The company has been marketing solar PV systems since 1999 and is a member of the California Solar Energy Association. SoCal Solar’s experienced professionals will design, install, and service your solar panels and system.

The company was founded in the late 1970s and has been in business since. The company’s CEO, James Pieratt, has over 30 years of experience in the electrical contracting industry. He also holds the designation of Certified Energy Manager. This means he has been working in the solar energy industry for more than 15 years and is an excellent choice for your solar PV system. And it’s not expensive. With its low prices, SoCal Solar Power is a great option for anyone looking to save money while protecting the environment.

The company has the expertise and experience to design and install solar photovoltaic energy systems for residential buildings. These systems can range in size from 5 kilowatts to one megawatt. They are especially popular in Orange County and San Bernandino County. In addition to residential solar power systems, SoCal Solar Energy, Inc. also has extensive experience with large-scale solar electric generation. It can develop, manufacture, and install any type of complete California solar power system.

The company provides solar energy and solar electricity. The company’s solar power plant is located in the Mojave Desert and San Joaquin Valley. The company’s products are certified by SMA, BP Solar, and SolarWorld Industries. Despite its small size, SoCal is an early adopter of tech innovations. Its residents have installed over 29,000 photovoltaic homes and have embraced home area networked thermostats.

SoCal Solar Energy, Inc. is a California-based turnkey solar system provider. The company has installed over 5,300 solar systems ranging from residential to commercial to municipal systems. Its safety standards are far beyond industry standards, and its employees receive regular safety training. The company’s staff is trained in all types of procedures for solar installations. Its staff members are NABCEP-certified, which is the highest certification for a solar contractor in the US.

SDG&E has more than 2 million smart meters installed and implemented „reduce your use“ programs that enable residents to save money while saving the environment. The company has been a pioneer in solar energy in California since 2006 and is the largest solar power company in the region. Its customer service is second to none. They have a 100% satisfaction guarantee. This company is highly recommended in southern California. Its reputation has built itself on trust and quality.

The company’s founders are experienced electricians who specialize in solar power. The company has been in business since the mid-1970s. The company’s president, James Pieratt, has over 30 years of electrical experience. He is a certified energy manager and has been in the solar PV industry since 1999. The goal of SoCal Solar Energy is to help residents and businesses save money by generating clean energy. Its customers can also benefit from the increased energy efficiency of their home and business.

The company’s goal is to help individuals and companies in California use solar energy to save money and protect the environment. With solar energy, you can save money and protect the environment at the same time. SoCal Solar Power is a California-based company with national coverage. In addition, its team of certified electricians is committed to the best interests of their customers. With their certified installers, you can be sure your project will be safe and meet all the necessary requirements.

Save Energy Using Solar Panels

Installing solar panels is one of the most cost-effective ways to cut down on electricity bills and the environment. These panels use energy from the sun to power your home, eliminating the need for fossil fuels. If you have excess electricity, you can also sell it back to the grid and receive credits on your electric bill. If you have more electricity than you use, you can store it in your home battery and use it later. Summer is upon us, and that means loud air conditioning units working around the clock. During this time, your electricity bill will increase, but it will be less than it was before. The utility company always raises their rates during peak seasons and when demand for electricity is high. https://socalsolarpower.com/

The biggest advantage of solar panels is that you can reduce your dependence on the National Grid, lowering your monthly power bill. Solar power requires very little energy and is renewable. If you have excess energy, you can store it and sell it back to the grid. With solar power, you can be totally independent of your power supplier and the cost of FIT payments is negligible. In addition, you don’t have to worry about repairing or maintaining the panels.

SoCal Solar Power

It is essential to check whether you need planning permission to install solar panels on your roof. The installation of solar panels doesn’t require planning permission. But you should check with your local authority before you start. Depending on your location in the UK, a typical home solar PV system can save you from 1.3 to 1.6 tonnes of carbon per year. It is essential that you choose the right model and installers to get maximum savings.

Once the solar panels are developed, they are sealed and protected from adverse weather conditions. Non-reflective glass is then wrapped around them to cushion them from external damage. Once the panels are sealed, they are placed into a sturdy frame to prevent deformation due to powerful winds and freezing temperatures. The frame is also designed to provide drainage to the panels to prevent water from building up on the panels. As such, they will provide you with a steady stream of power and reduce your bills.

Installing solar panels is a cost-effective way to cut electricity costs. Unlike other forms of energy generation, solar power does not need electricity for its operation. In fact, most homeowners will see an immediate return on their investment after just a few years. However, the upfront investment is only half the price of installing a solar panel system. The cost of the installation is minimal, and the savings can add up over time.

The cost of installing solar panels is high, but the benefits of installing them on your roof are worth it. It can save you as much as 4,000 trees per year, and it can also lower your power bill. Furthermore, solar panels can help you reduce pollution and the environment, as they are renewable energy. In addition, you can also save money on electricity bills. So, why not use solar power to lower your energy costs?

Installing solar panels can reduce electricity costs, but you will need to pay for installation. The initial cost of installing solar panels is much lower than the cost of electricity from other forms of energy. After installation, you will only pay for the electricity generated by your solar panels, which will offset your electricity bill and reduce your electricity costs. If you have enough solar panels, your savings can be as high as four times higher. The savings will be greater than you could expect.

In addition to reducing electricity costs, a solar panel will also reduce your carbon footprint. On average, a typical home with a solar PV system can save between 1.3 and 1.6 tonnes of carbon per year. Depending on where you live in the UK, this amount of carbon can range anywhere from one to two tonnes. In addition to lowering energy bills, a solar panel system can help you reduce your carbon footprint by up to 50 percent.

3D Number Plates – Are They Legal?

You might be wondering if 3D Number Plates are legal. The fact is that they are. And they’re very visible. That’s why they’re so popular. In addition to increasing the aesthetics of your vehicle, they’re also a legal way to personalise it. Of course, you have to meet certain legibility laws, but that’s up to you. Here’s how you get started.

Number Plate Maker

First off, 3D Number Plates are very expensive. But that’s not the case if you’d like to change the font on them. You can buy a simple numerical plate for about twenty dollars. You can check out the pricing and availability on the website. And if you’re interested in ordering one, you can find out more information about it here. If you’d like to get your own, you’ll need to contact the company that makes it, as there are some restrictions.

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You can get a simple numerical plate for about twenty dollars. So they’re not cheap, but they’re worth it. To get a plate, you’ll need to pay a small fee of about twenty dollars. If you’re interested, you can check out the website below. You can read more about 3D Number Plates on the official website. If you’re interested, you can order a plate from them for as little as twenty dollars.

Getting your 3D Number Plate customized is a legal process. However, you have to follow certain guidelines in order to do so. The font on your 3D number plate is not editable, so it’s important to follow the government’s guidelines before you get started. The font on your 3D number plate must conform to these guidelines. That way, you can enjoy all the advantages of this new technology. So, if you’re thinking about getting a custom license plate, start your search here.

The process of ordering a 3D number plate is actually quite simple. Once you have received your plate, you’ll be able to drive it with confidence. You can even use it as a form of advertising, as it is highly visible. You can also get a customized sticker for your car’s name. And if you’re thinking about buying a 3D license plate, you’ll find it a great choice that’s affordable, educational, and looks great.

The 3D effect is a rounded effect, meaning that you can use any font that you want. The letters on your 3D number plate are completely legal, but you need to be careful. You don’t want to ruin the reflective qualities of your plate. That’s why you can’t use the words „future“ on your license plate. The law does not allow you to put anything on it without a permission from the owner.

There are many myths surrounding 3D Number Plates. Firstly, they are illegal. You can’t use them as vehicle number plates. They are a form of advertising. No one can get them from your mailbox, but they aren’t illegal. You’re just making it up, so it’s a good idea to keep it legal. You can customize it to your own requirements, and your 3D Number Plates will look great on your car. You’ll have to follow the government’s rules to get yours!

You don’t need to be a professional to customize your number plate. You can buy a 3D number plate for your car and have it custom-made in a matter of minutes. It’s a great investment. Besides being an excellent way to customize your vehicle, these plates are also inexpensive. Aside from that, they’re a great way to promote your business. You can even get them to advertise your products for you.

Although the 3D effect can obscure the letters, it isn’t illegal if they have two-tone lettering. The fonts must be identical across all vehicles. This means that a three-dimensional number plate must be legal in all states. If the plate is not legal, it’s illegal. Therefore, it’s important to follow the regulations of your country and get a custom-made number plate for your car.

Immediate Edge Merkmale

Immediate Edge ist vor allem für sein Produkt für Verbraucher bekannt, das es Einzelpersonen ermöglicht, Kryptowährungen über eine Brokerage-Plattform zu kaufen und zu handeln. Im Gegensatz zu einer Handelsplattform ist ein Broker ein Dienst, der von seinen Kunden kauft und an sie verkauft, wie es Immediate Edge anbietet. Daher wird dieser Service von Anfängern, die ihre ersten Schritte im Kryptowährungssektor machen, sehr geschätzt.

Die Benutzer handeln nicht direkt miteinander, und Immediate Edge erhält seine Einnahmen aus dem Kauf der Vermögenswerte zu einem ermäßigten Preis und verkauft sie mit einer Prämie über dem Marktpreis.

Immediate Edge unterstützt fast 60 digitale Vermögenswerte, die zum Einzahlen, Kaufen, Verkaufen und Abheben zur Verfügung stehen. Nicht alle Vermögenswerte sind mit all diesen Funktionen verfügbar. Wie jeder Nutzer mit einem Vermögenswert interagieren kann, hängt weitgehend von seinem Standort und in geringerem Maße von der Infrastruktur von Immediate Edge ab, die den Vermögenswert unterstützt.

Immediate Edge-Kunden können mit der Verbraucherschnittstelle (Immediate Edge.com) über das Web oder die mobile App interagieren. Die Schnittstelle ist intuitiv und eine der am einfachsten zu bedienenden, selbst für Anfänger.

2. Immediate Edge Pro (Handel mit Kryptowährungen)

Immediate Edge startete seine Handelsplattform im Jahr 2015. Unter dem Namen Immediate Edge Exchange war der Handel die natürliche Erweiterung des bereits beliebten Kauf- und Verkaufs-Brokerage-Service. Das Produkt wurde 2016 in Global Digital Asset Exchange oder GDAX und später im Jahr 2018 in das aktuelle Immediate Edge Pro umbenannt.

Der Hauptunterschied zwischen der Verbraucherplattform (Immediate Edge.com) und Immediate Edge Pro besteht darin, dass letztere Tools bietet, die nur Händlern vorbehalten sind. Charting-Software mit Handelsindikatoren, ein in Echtzeit aktualisiertes Orderbuch und Margin-Handel mit bis zu 3-fachem Hebel sind nur einige der verfügbaren Funktionen. Außerdem sind die Gebühren auf der Pro-Plattform deutlich niedriger als beim Kauf und Verkauf auf der Verbraucherplattform.

3. Immediate Edge Prime (Krypto-Dienstleistungen für Institutionen)

Institutionen haben andere Bedürfnisse als Privatanleger, und Immediate Edge geht auf diese ein. Um diese zunehmend wachsende Klientel zu bedienen, startete Immediate Edge am 25. Mai 2021 die Beta-Version des Prime-Produkts. Prime ist im Grunde ein Brokerage-Service, der sich an Nutzer mit hohem Volumen richtet.

Immediate Edge Prime vereint sowohl Verbraucher- als auch Profi-Handelsfunktionen in einem Paket, ist jedoch nur für institutionelle Anleger verfügbar. Der Dienst ist für Fondsmanager, Hedgefonds, Family Offices, Stiftungen und Staatsfonds gedacht, die Zugang zu großen Liquiditätspools benötigen. Darüber hinaus bietet Prime seinen Nutzern Zugang zum OTC-Desk von Immediate Edge für großvolumige Einzelgeschäfte zwischen Krypto-Käufern und -Verkäufern.

Im März 2021 bediente Immediate Edge mehr als 8.000 Institutionen, die seine anderen Produkte wie Custody nutzen, um ihre umfangreichen Krypto-Vermögenswerte zu speichern.

Immediate Edge Prime bietet fortschrittlichen Handel, Datenanalyse, Prime Services und Custody. Prime kann als eine Kombination aus Immediate Edge Retail-Brokerage- und Pro-Produkten mit zusätzlichen, für institutionelle Anleger relevanten Funktionen betrachtet werden.

Immediate Edge Prime Beta ermöglicht Kunden den Zugang zu mehr als 10 Liquiditätspools (Handelsplätzen), intelligentes Order-Routing für die Suche nach den besten All-in-Preisen und die Erleichterung nahtloser Geldtransfers zwischen Custody und aktiven Handels-Wallets. Immediate Edge Custody ist eine segregierte Cold-Storage-Einrichtung, daher ist die Möglichkeit des nahtlosen Geldtransfers zwischen Cold-Storage und Hot-Wallet für jeden Trader ein großer Vorteil.

Andere kryptonormale Funktionen wie Staking und die Teilnahme an der Blockchain-Governance sind mit Prime ebenfalls verfügbar.

Home Security Systems – Passive Infrared Detectors

Home security systems consist of both the physical security equipment placed on a house and people’s personal security practices as part of their overall home protection plan. Security equipment includes burglar alarms, glass break detectors, door and window alarms, fire alarms, and security cameras. People who practice good home security are able to reduce the chance of burglary by identifying it and calling the police in time. A burglar alarm is also an effective way of protecting your home, because when an alarm is set off, the monitoring company will send the authorities to your house in time. https://www.wikihow.com/Protect-Your-Home-When-You-Are-Away

Most home security systems have two types of sensors: passive infrared sensors and optical motion sensors. A passive infrared sensor can detect heat, movement, or the presence of small animals. These sensors are usually installed in windows and doors. They do not send out an electrical signal and are therefore not considered a threat to the life of the individual using the device. 

Home Security Information

Some security systems use cameras to detect intruders and transmit live video to monitoring stations when triggered. If an intruder is identified using these sensors, an alarm will sound and the authorities will be called. However, most intruders are not recognized immediately by security systems due to the difficulty in seeing small objects. Another problem with cameras is that if someone uses fake cameras, the alarm will not trigger. These are two of the reasons why many security experts recommend installing dummy cameras instead of the more advanced real ones.

Some Home Security Systems also uses a Central Station Monitoring System. The Central Station will contact the local police and dispatch emergency services when an alarm is triggered in a house. However, this type of alarm monitoring is not widely used because it is much more expensive than other kinds of alarms and monitoring systems. For most families, central station alarms are far more economical.

Most Home Security Systems are either wired or wireless. Wireless systems can often be hardwired into homes in extreme cases, where the house is in a protected zone but the exterior is unprotected. Wired systems are usually placed inside the house, in the garage or in the basement.

Wireless Home Security Systems utilizes radio frequency technology. When the signal from the motion sensor or photoelectric sensor is detected, the Home Security System’s central station will verify that it is legitimate with the device’s output and send an alert to the monitoring unit or command center if a problem is found. When the video verification is performed, the video is sent to a monitoring unit which either picks up the signal or contacts the local police or fire department for help.

Many Home Security Systems may use the infrared motion detector sensor as well. Infrared sensor units detect heat sources like cooking and heating radiators and can often detect false alarms. Some modern systems may use two or more types of infrared sensors. The main problem with this type of sensor is that it is often located too far from the actual door for most Home Security Systems to pick up the heat signal. Other Home Security Systems may be equipped with an alarm detector that also uses an infrared light to detect false alarms.

Another common type of Home Security System sensor is the passive infrared sensor. These passive infrared detectors are often installed at entrances to buildings or in windows. These detectors can be set to „turn on“, „turn off“ or „scan“ once they detect movement. They do not automatically detect motion, but when a building occupant enters or leaves the building, the sensor can detect that movement and trigger the alarm. Passive infrared detectors have many advantages over other types of detectors and can often be less expensive than other types of sensors.

BITCOIN COLPISCE $ 100.000 NEI MERCATI P2P TURCHI COME LIRA PIUMA

Il costo per l’acquisto di un Bitcoin nei mercati crittografici peer-to-peer della Turchia è salito a oltre $ 100.000.

Secondo i dati recuperati da LocalBitcoins.com, il prezzo minimo Ask per Bitcoin ha raggiunto 509.840 lire turche (~ $ 64.000). Nel frattempo, alcuni scambi offline richiedono fino a $ 100.000 in lire per una criptovaluta di punta, quasi il doppio del suo tasso Ask globale.

LIRA CRASHES

I livelli astronomici dei prezzi appaiono dopo un importante calo del valore della lira turca. La valuta è crollata fino al 14% lunedì dopo che il presidente Recep Tayyip Erdogan ha licenziato il governatore della banca centrale del paese, accreditato per aver tirato fuori la lira dalla sua tendenza ribassista all’inizio di quest’anno.

Naci Agbal, che aveva sostituito il genero del presidente Erdogan Berat Albayrak come governatore della banca centrale, era un sostenitore di tassi di interesse più elevati. Il suo piccolo mandato ha ricevuto applausi da investitori locali e stranieri per spingere la Turchia verso una politica monetaria più ortodossa.

Max Lin, uno stratega valutario dei mercati emergenti presso NatWest Markets, ha dichiarato al Wall Street Journal che la rimozione di Agbal era un segno che il presidente Erdogan non vuole aumentare i tassi di interesse per contenere l’inflazione esplosiva della Turchia, aggiungendo che la lira ora rischia di precipitare ulteriormente. inferiore a causa dell’attuale competitività.

Edward Al-Hussainy, analista senior di tassi e valute presso Columbia Threadneedle, ha inoltre sottolineato che le attività turche subirebbero un’intensa pressione di vendita poiché gli investitori limitano la loro esposizione nel mercato iperinflazionato del paese.

„Svolgere quella che era una politica macro brevemente appropriata sarà doloroso“, ha detto al Financial Times.

RITORNI NARRATIVI AL SICURO

Bitcoin si pone come una risorsa finanziaria di riferimento contro l’inflazione.

La criptovaluta, che opera lontano dalla competenza dei governi e delle banche centrali, è emersa come una copertura interessante nei paesi che subiscono cambiamenti catastrofici della politica economica. L’iperinflazione del Venezuela e dello Zimbabwe, la crisi del debito della Grecia e il controllo dei capitali della Cina hanno aumentato l’appetito di Bitcoin in passato.

D’altra parte, le ricerche di Google con la parola chiave „Bitcoin“ sono quasi raddoppiate dopo lo scivolamento della lira turca.

„Una valuta in calo può essere una benedizione sotto mentite spoglie se porta un paese e i suoi cittadini in BTC molto prima di altri paesi“, ha detto Marc van der Chijs, un investitore macro con sede nei Paesi Bassi.

Nel frattempo, il presidente Erdogan ha nominato Sahap Kavcioglu, un professore di banche poco conosciuto, come nuovo capo della banca centrale. Ha spinto analisti e investitori a prevedere una forte svendita degli asset turchi che eliminerebbe tutti i guadagni realizzati durante il mandato di Agbal.

Robin Brooks, capo economista del think tank dell’Institute of International Finance, ha affermato che la Turchia deve affrontare i rischi di massicci deflussi di capitali. A sua volta, indebolirebbe ulteriormente la lira, il che porterebbe ulteriori opportunità di rialzo per Bitcoin.

Grote correctie voor DeFi toen Bitcoin opnieuw werd afgewezen boven $ 40K: wat nu?

De DeFi-markt heeft hard gecorrigeerd toen Bitcoin onder de $ 40.000 daalde, maar analisten zeggen dat een herstel waarschijnlijk is.

De gedecentraliseerde financiële of DeFi-markt kende de afgelopen 12 uur een scherpe correctie omdat Bitcoin ( BTC ) het niveau van $ 41.000 niet kon breken.

Ondertussen zeggen analisten dat de winsten van grote DeFi-tokens terugvloeien naar Bitcoin , ook al loopt de DeFi-markt nog steeds achter, ondanks het herstel van BTC in de afgelopen week.

Dus wat is de volgende stap voor de DeFi-markt?

Zowel grote bluechip DeFi-tokens als cryptocurrencies met een kleine marktkapitalisatie hebben het afgelopen weekend moeite om te herstellen ten opzichte van Bitcoin.

Typische DeFi bluechip-activa zijn onder meer Aave (AAVE), SushiSwap (SUSHI), Uniswap (UNI), Maker ( MKR ), Compound (COMP) en Synthetix (SNX).

Grote DeFi-tokens met iets kleinere marktkapitalisaties zijn Alpha Finance (ALPHA), Yearn.finance (YFI) en 0x (ZRX)

De belangrijkste reden achter de correctie van de DeFi-markt is dat de winsten van DeFi-tokens naar Bitcoin vloeiden toen BTC begon terug te trekken.

Deze trend versterkte de verkoopdruk op DeFi-tokens, vooral omdat het Bitcoin / Ether ( ETH ) -paar de afgelopen twee dagen op korte termijn zwakte heeft gekend .

De markt voor cryptocurrency is echter snel in beweging en daarom kan de marktdynamiek de komende dagen snel veranderen, vooral met de lancering van CME Ether-futures op maandag.

Tegelijkertijd kan een nieuwe DeFi-rally worden aangewakkerd doordat de prijs van Bitcoin deze keer netjes boven de $ 40.000 uitkomt en tussen $ 41.000 en $ 42.000 consolideert, het hoogste punt ooit.

Om dit te verwezenlijken, zou Ether Bitcoin moeten inhalen en op korte termijn weer een momentum boven $ 1.700 moeten krijgen. Voorlopig loopt ETH achter op Bitcoin, waarbij het ETH / BTC-paar moeite heeft om te herstellen.

Of ETH $ 1.700 terugvordert als ondersteuningsgebied, zou waarschijnlijk de belangrijkste factor zijn die het traject van de DeFi-markt in de nabije toekomst zal bepalen.

Reddit: Partnership with Ethereum Foundation to scale

The social media network says that scaling solutions for Ethereum are the focus of the partnership.

The popular social media network Reddit, which has over 1.7 billion monthly visitors, is deepening its relationship with the Ethereum Foundation.

For the first time, the two platforms are entering into an official blockchain partnership

According to an announcement by Reddit admin u / jarins, the goal of the partnership is to „increase the site’s commitment to blockchain, accelerate scale and resources for the Ethereum Code app ecosystem, and reassure millions of Redditers the value and independence of blockchain- Bringing technology closer „.

In 2020, Reddit had already launched two large, Ethereum-focused projects. The first was an application called Community Points . This is a reward system that rewarded Reddit users with ERC-20 tokens for contributing engaging content on the platform. Reddit then announced a competition called „The Great Reddit Scaling Bake-Off“. This was about submitting Ethereum scaling solutions that could help applications such as Community Points get into the mainnet phase and eventually expand this application to all of the network’s over 400 million monthly users.

This official partnership with the Ethereum Foundation focuses on developing scaling technologies that can support large-scale applications such as community points on the Ethereum blockchain. The project is being led by Reddit’s in-house crypto team and the announcement includes a call to all backend engineers with an interest in scaling up. Even if they would be interested in joining the Reddit crypto team to help work on developing a more decentralized internet.

All of the scaling technology developed by the new partnership will be publicly available, i.e. open-source

According to the post, Community Points are currently in beta on the Rinkeby network and are being tested in r / Cryptocurrency and r / FortNiteBR. Reddit sees the application as a „first attempt at leveraging decentralized technology to give individuals a sense of accountability and ownership of the communities they create and contribute to“.

For the past few days, Reddit users have made headlines for their coordinated daily trading action. In doing so, they wanted to drive up the shares of the game retailer GameStop and thus bring losses to experienced hedge funds.

How the ECB is putting the euro at risk – and what that means for bitcoin

As deflationary money, Bitcoin serves as a hedge against runaway inflation.

It’s already being felt in numerous developing countries. Why the ECB is putting the euro at risk and why we need Bitcoin now more than ever.

Inflation is one of those things. Even if the Bitcoin System community likes to use the central banks‘ expansive monetary policy as a reason to call for high inflation rates: There is currently no talk of inflation. In fact, the price level in Germany is actually declining. To be more precise, the inflation rate officially determined by the Federal Statistical Office for December 2020 was minus 0.3 percent.

And that is quite astonishing in view of the considerable flood of money with which the European Central Bank (ECB) has literally flooded the market over the past twelve months.

#ECB balance sheet back >€7tn ahead of this week’s meeting. Hit fresh ATH at €7,015.7bn as Lagarde keeps printing press rumbling. ECB’s total assets now equal to 69% of #Eurozone GDP vs Fed’s 35%, BoJ’s 130%, BoE’s 36.4%.

The ECB’s balance sheet has grown from just under five trillion euros to now over 7 trillion euros within a year. Meanwhile, the balance sheet total is 69 percent of the Eurozone’s approximately 18 trillion euro GDP.

The purchase programs that have made this unique monetary experiment possible have meaningful titles such as „Pandemic Emergency Purchase Programme“ (PEPP, volume: 1.85 trillion euros) or „Corporate Sector Purchase Programme“ (CSPP). Behind these are ultimately decisions by the ECB Governing Council to inject further liquidity into the market by purchasing assets such as bonds.

The abbreviated conclusion from the expansion of the money supply in the Eurozone would now be an analogous inflation. After all, more money in the face of stagnating economic output suggests an increase in prices. But inflation is not happening. Why is that?

The money is in the hoards

Economists such as Hans-Werner Sinn, former president of the Ifo Institute for Economic Research, don’t believe it. According to them, low inflation rates measured against the basket of goods give a false picture of the actual situation. In reality, Sinn said during his Christmas lecture, appropriately titled „Corona and the miraculous multiplication of money in Europe,“ the ECB has fallen into the liquidity trap.

In a nutshell, this is a market-based situation in which low interest rates meet high savings balances. Accordingly, the large amount of money is not flowing into government bonds, but is sitting in consumers‘ savings accounts, as it is assumed that the economic situation will deteriorate and interest rates will soon rise again. In such a situation, monetary policy is ultimately ineffective.

In this context, there is also talk of „money hoards,“ where all the money is stashed away.

The ECB’s hands are tied in this situation. After all, it has a mandate to guarantee price level stability – and according to the Treaty on the Functioning of the European Union (TFEU), this means inflation of close to two percent. With current conditions close to deflation, the ECB is missing its target by a long way and has a blank check to print money.

The only question is: How long will this last? Because COVID-19 will not last forever. As of today, 1.4 million people in Germany have already been vaccinated against COVID-19 – even if some of them are still waiting for their second dose. As the economy recovers from its forced pause, people’s willingness to spend money should also increase and the historically low velocity of money velocity of money will pick up again.

The treacherous thing about high inflation is the inability of central banks to recapture it. Once the inflation rate gets out of control, it will be hard to push it back down in the short term.

Fortunately, there is Bitcoin

It is precisely for this scenario that investors are stocking up on value-holding tangible assets such as gold and, increasingly, bitcoin. Gold is considered a so-called safe haven asset, i.e., an asset that provides an air of stability in times of crisis.

But in Bitcoin, the precious metal has found a worthy competitor. After all, Bitcoin is even better in the characteristic that gives gold its value, namely its scarcity. While the gold supply increases by about 3,500 tons every year, BTC grows more slowly over time. In 2024, Bitcoin will halve in value for the fourth time. Then the inflation rate will be only about 0.8 percent per year. Bitcoin will then be the hardest monetary asset in human history.

Battle of stores of value – Bitcoin hits new record high in gold

Bitcoin is climbing to a new record price measured in gold.

Bitcoin ( BTC ) reached another record high yesterday, Friday, but this time in the currency pair with gold.

Additional evidence that the demand for the market-leading cryptocurrency is rising into new spheres

While the Bitcoin price climbed above the 29,000 US dollar mark on Friday, the crypto currency also reached a price level of 15.62 ounces of gold, which exceeded the previous high from December 2017, according to data from U.Today demonstrate.

The year 2020 turns out to be more and more a milestone for Bitcoin, because the increased interest of institutional investors has given the crypto currency the strongest soaring in its 11-year history. Bitcoin was able to achieve a gain of almost 300% in 2020.

Gold also had a strong year with significant gains, which pale in comparison to the crypto currency, because the precious metal managed „only“ an increase of 25%

Many crypto experts are convinced that Bitcoin will take over more and more market shares from gold in the future, because in the duel for the place as the leading store of value, the crypto currency offers decisive advantages such as efficiency, easier transferability and scarcity. Even the analysts at the large investment bank JPMorgan Chase now support this thesis .

Some experts suspect that the Bitcoin price will continue to climb in 2021 due to a continuing shortage. As Cointelegraph reported yesterday , the influential wealth management company bought three times as much Bitcoin as it mined in December.