Bitcoin ETF's two major risks, USD collapsing, BTC grassroots adoption racing, Nostr

Today’s Bitcoin news!

10-second Bitcoin price update: BTC made a 21-month high when it crossed ~$46k. Most likely it’ll run to ~$48,250 which is the next significant established level from history.

The Fishcake posted: "This is how I feel about recent nostr trend 🐶🐾🤣😭":

ETF STORIES:

BREAKING‼️ Multiple #Bitcoin ETF issuers expect SEC approval tomorrow and LIVE launch on Thursday. LINK TO POST
The: Daniel ⚡️: "Countdown to every financial advisor suddenly becoming a bitcoin expert in one day after reading three articles". Derek Ross: "Countdown to a plethora of bad advice and incorrect statements from Traditional Finance bros". LINK TO POST
MY OPINION: Much better to hold your own BTC than to buy a spot ETF for self-custody reasons. Though it's understandable for folks who have significant 401k's to allocate some or all of that to spot BTC ETF because the early withdrawal fees are hefty.

USD’S GLOBAL AUTHORITY ON ITS WAY OUT:

JUST IN: 🇮🇷 Central Bank of Iran announces Iran and Russia don't require SWIFT to transact 😱👀 Deputy Governor of the Central Bank of Iran for International Affairs, Mohsen Karimi, announced on Sunday that they no longer need the “SWIFT” system in transactions between them. LINK TO POST

What is SWIFT? The SWIFT system, which stands for "Society for Worldwide Interbank Financial Telecommunication," is the largest and most streamlined method for international payments and settlements. It works by assigning each member institution a unique ID code (a BIC number) that identifies the institution, country, and branch. SWIFT is a member-owned cooperative controlled by its shareholders and overseen by the Group of Ten countries' G-10 central banks. It is crucial to global financial infrastructure, with more than 11,000 global SWIFT member institutions sending an average of 44.8 million messages daily

VOTE FOR BETTER MONEY:

Bitcoin is sovereign because it's a new system, independent from corrupt politicians. LINK TO PAGE

BTC ADOPTION:

Nigeria's Central Bank 'Softens' Its Stance, Permits Bank Accounts for Bitcoin Companies. The decision rescinds a 2021 directive against institutions facilitating cryptocurrency transactions and prohibiting local banks from opening accounts for Bitcoin service providers. LINK TO POST

Bitcoin Circular Economy projects:

At the upcoming @Adopting Bitcoin Cape Town Conference, we will consider a proposal and (potentially) help fund the establishment of a new #Bitcoin Circular Economy project in South Africa. Something much like Bitcoin Beach and our own project, Bitcoin Ekasi. However, it'll be different in that #Bitcoin AND #Nostr will serve as its foundational cornerstones. If succesfull, the announcement will be made at the conference and soon after, on here. Stay tuned.

NostrPHX, Arizona Local Nostr Meetup HQ. Be in the know 👉 NostrPHX.com -- "We are beyond excited to announce the first musician to confirm for Culture Shock. Support @Sara Jade with a follow and check her latest EP “Sink or Swim” on @wavlake".

Derek Ross doing a Twitter Spaces on Jan.10 at 8 PM Eastern Time - "Bitcoin and Nostr: The Purple Pill and the Orange Pill". LINK TO POST

“The boss is on TV” LOL — LINK TO POST