Wow Bitcoin’s purchasing power, more global adoption, new record hashrate, Bitcoin is family - Ep.67
Today’s Bitcoin news!
PRICE UPDATE:
Over the weekend we dipped into the $64k range but are now hovering around $67k. It’s not surprising that we need a cool-off period after 2 months of going almost straight up.
BITCOIN STRENGTH OF FUNDAMENTALS:
Bitcoin purchasing power… POST: https://primal.net/e/note14cz0mvlrlcjsawp9k2yzgkfharywtzrtr9j3q6ljajp5d43zt6as2ymktw
Bitcoin's halving is unlike others before it: A supply shock colliding with a demand tidal wave. ARTICLE: https://www.businessinsider.com/bitcoin-halving-cryptocurrency-markets-investors-etf-spot-btc-supply-demand-2024-3
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: New Record #Bitcoin Hashrate 600,000,000,000,000,000,000x per second. [Documenting ₿itcoin @DocumentingBTC]. POST: https://twitter.com/DocumentingBTC/status/1769699968686723396
I think it's incredibly bullish to watch what miners do. There's only 6.4% of supply left to mine and they are investing MILLIONS into massive facilities and it's just getting started. For reference, 200MW is like 4x the power consumption of my entire city. For one mining facility! [arkinox arkinox@arkinox.tech]. POST: https://primal.net/e/note14tqjq8sltj75agfv230snsr50gv3hzh4rnxv0qhwcjt4f2q7w2xq4hlrge
ADOPTION:
NEW: The 🇦🇪 Dubai International Financial Centre enacts a new Digital Assets Law, updating its legal framework to recognize #Bitcoin and cryptocurrencies. The law impacts contracts, insolvency, damages, obligations, securities, and personal property. POST: https://primal.net/e/note1n4zljlymqd3tlszw6x7g5zjeckzg48d24muq0syxzwvayhkmmljstxg24g
NEW: #Bitcoin ETFs to list in the UK but only available to “professional investors” - Financial Times. Post: https://primal.net/e/note1fzdsge89c3zp7983na7n3s3qmayj488hjzww4adgh9uaw44l8l0qwss3u9
I’ve started using Strike again after discussing it on The Bitcoin Panel on Friday.
- EPISODE: https://rumble.com/v4jb8qf-the-bitcoin-panel-btc-global-takeover-what-it-means-nostr-buzzing-mar.-15-2.html
- WEBSITE: https://strike.me/
THE BITCOIN FAMILY IS SPECIAL:
The momentum is behind #Bitcoin 💎🤲 @annahhodl @hodlhodl @debificom. [The Core - Bitcoin Education @thecore21m]. POST: https://twitter.com/thecore21m/status/1769722618276442522
WOE IS HE:
Computer expert who accidentally threw out Bitcoin fortune on an old hard drive says it is now worth 1.5 Billion Pounds as he launches legal fight to dig it out of council landfill. POST: https://primal.net/e/note1jfkqewwsjnz30r3t6lwfyc67375nzfpj5qelc40w7k5wg9s6y4hqxh6fvp
FIAT/GOVERNMENT NONSENSE:
"Inflation is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all." ~Thomas Sowell. #InflationIsTaxationIsTheft. [Maria2000 maria2000@iris.to]. POST: https://primal.net/e/note1m7p7j3lv003kn96lrxt0yj85lzf3a5nu3df5frq2w9j7793l3n8q0us9cj
Paper money always dies. It's just a question of when 🫡. World debt has crossed $225 TRILLION. This is unlike anything we’ve seen [Peter St Onge, Ph.D. @profstonge]. POST: https://twitter.com/profstonge/status/1769725799488164206
~50% of SEC enforcement cases were crypto in 2023… The SEC is once again showing their hand, as they are disclosing today that their enforcement crusade against crypto is also a sideshow to distract against their lack of pursuing cases against traditional financial firms. [Austin Campbell @CampbellJAustin]. POST: https://twitter.com/CampbellJAustin/status/1769723012285141005
The most under-reported and under-discussed story of 2023: a federal district court judge, upheld by a unanimous appellate panel, found the Biden WH and FBI committed one of the gravest attacks on the 1st Am in decades by coercing Big Tech to censor dissent online. [Glenn Greenwald @ggreenwald]. POST: https://twitter.com/ggreenwald/status/1769389614513443247
CONFERENCES:
Bitcoin 2024 Ticket Prices Increase FRIDAY 🚨. Get your passes NOW at the lower prices before midnight CDT Friday and save. WEBSITE: 👉 http://b.tc/conference/2024/registration
Cypherpunks 🖤 @BTC Prague. Once again our CEO Lea is joining forces with @juraj @Max Hillebrand & Stick, hosting the coolest side event of BTCPrague! Mark your calendar: Thu 13th of June, 2024 and secure your spot via https://pay.cypherpunk.today/apps/4LEEvtqY8UMnuB7y5wCmjvi2tXy3/crowdfund . POST: https://primal.net/e/note1aex2upllpyp0gjfay4cr8k8elk8ufc432vymuqv27hkqlt6awkqqlwvtuw
NOSTR:
Nostr summed up: You own your data (contact list, posts, profile, etc). This is pretty unique, in every other online app the company owns your data and they are just letting you access it until they say you can’t. Your data is portable, it can be stored on your devices and copied to many relays. This effectively makes your online presence unbannable and undeplatformable. You are not just cattle for big tech to sell ads to. It’s borderless. the protocol integrates the native money of the internet (sats via nostr #zaps) so you can freely transfer value to anyone in the world if you like their post. It’s bridged to other protocols like activitypub so its not isolated to just nostr weirdos. There are 10+ quality clients to choose from if you don’t like the one you first tried. No other social media protocol has this level of client development. POST: https://primal.net/e/note1q378dxn83zlcrrkz25jtwnp0jmxc6qzvx8v7fqntfgsdavmn7rys5553zw
DID YOU KNOW…
Today I learned that aggressive baby goats have to wear horn noodles to avoid hurting each other. POST: https://primal.net/e/note17m6hgllze4359rkv2t4n38pvatdqk7gwmfj2t6efacdyx7px8v7sej4ddp
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