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Euro Pacific Asset Management chief Peter Schiff this week dismissed Bitcoin as a flawed medium of exchange and inferior store of value compared to tokenized gold. He referenced Cathie Wood's revised $1.2 million Bitcoin target for 2030, blaming stablecoins' rise in emerging markets. Amid Bitcoin's 5% year-to-date drop to $90,400, gold has surged 54% while drawing online mockery of Schiff's repeated past predictions.

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Peter Schiff strikes again: Bitcoin is doomed, he says, as stablecoins steal its transaction role and gold crushes it in value storage.

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Beth O'Brien's Wolf Siren won the Carnegie Medal for Writing and the Shadowers' Choice Medal for Writing. Kate Rolfe's Wiggling Words, exploring dyslexia, won the Carnegie Medal for Illustration, while Aimée de Jongh's adaptation of Lord of the Flies won the Shadowers' Choice Medal for Illustration.

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Producer Faruk Turgut, known for the series Daydreamer (Erkenci Kuş), stated in a recent interview that he would not work with Can Yaman again and claimed to have vetoed him. Can Yaman responded via Instagram Stories, sarcastically calling Turgut 'brain-dead' and stating that Turgut's budget could no longer afford his fees due to his international success.

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On June 19, BTS leader RM, whose real name is Kim Nam-joon, was appointed the museum's first global promotional ambassador during a commissioning ceremony. Dressed in a light gray suit, he signed the guestbook with a playful note and cute doodle, promising to share Korea's cultural heritage worldwide. Museum director Yoo Hong-jun handed over the appointment and toured him through exhibits like the Danwon Kim Hong-do painting show. RM expressed his pleasure in the role, building on his passion for art and past support for heritage preservation.

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RM's wide grin lit up the room as he accepted his historic role at the National Museum of Korea, standing in a traditional office with director Yoo Hong-jun by his side.

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Posts highlight Ludwig Erhard's unilateral abolition of price controls and introduction of the Deutsche Mark on June 20, 1948, replacing the worthless Reichsmark amid post-war economic collapse under Allied occupation in West Germany. The reform led to rapid reappearance of goods, over 50% industrial production increase in late 1948, and sustained 8% annual growth through the 1950s with relatively stable prices.

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The Broadway star wore a custom Tanner Fletcher suit in ombré blue-to-green, densely beaded to mimic Seurat's 1884 painting 'A Sunday Afternoon on the Island of La Grande Jatte'—complete with clouds, trees, figures, a dog, and birds. It nodded to the 'Costume Art' theme and Stephen Sondheim's musical 'Sunday in the Park with George,' while fans praised the whimsy and some critiqued the beading. Outlets like Vogue and GQ spotlighted the look for fusing high art with couture on a night of bold fashion statements.

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Ben Platt stepped onto the Met Gala red carpet in a suit embroidered like Georges Seurat's dotted masterpiece, blending art history with his theater roots.

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Vollstandige Zusammenfassung

Posts highlight Ludwig Erhard's unilateral abolition of price controls and introduction of the Deutsche Mark on June 20, 1948, replacing the worthless Reichsmark amid post-war economic collapse under Allied occupation in West Germany. The reform led to rapid reappearance of goods, over 50% industrial production increase in late 1948, and sustained 8% annual growth through the 1950s with relatively stable prices.

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