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Today’s Bitcoin news!
PRICE:
Bitcoin is currently racing up to just below $48k. Looking strong! Put on your seatbelts.
NEWS:
JUST IN: Worlds largest asset manager BlackRock says #Bitcoin is creating a "global internet of value.” POST: https://twitter.com/BitcoinMagazine/status/1756003943837057314
‼️JUST IN: #Bitcoin ETFs are the most successful ETFs 1 month after launch EVER! 🚀 (out of 5,535 total launches in 30 years). They hold the #1 ($IBIT), #2 ($FBTC), #20 ($ARKB), and #22 ($BITB) spots. And there is still 2 days left. POST: https://primal.net/e/note1xf8ywv0hgpjqkrpll4lvcxlapasduucg7e4vufwgwaavuhhkw98s0k9f8j
INFLATION: THE SLOW, QUIET SCAM:
UK workers must accept lower pay deals to help beat inflation, says Bank ratesetter. Deputy governor Sarah Breeden also says firms must rein in profits as there is ‘some way to go’ to meet 2% inflation target. ARTICLE: https://www.theguardian.com/business/2024/feb/07/pay-rises-and-profits-must-be-curtailed-to-get-uk-inflation-back-under-control-bank-warns
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/
Today’s Bitcoin news update!
PRICE:
We are finally moving up. We’re having around above $45k. If we make another push up the next possible resistance level is around $48k. Get out your popcorn to watch the Bitcoin show over the next 18 months!
BITCOIN VS FIAT:
How to be free. POST: https://primal.net/e/note1lu297f50zjdes69dr8e89mw4ryupkgsctecel9d56paxvm5u5ajqv8ckue
By the day more influential people wake up to the scam of fiat. Inevitably all roads lead to Bitcoin. POST: https://twitter.com/BITVOLT/status/1755614042146886072
WTF?!?! YELLEN: “WE DON'T HAVE TO GET PRICES DOWN BECAUSE WAGES ARE GOING UP.” POST: https://twitter.com/LynAldenContact/status/1755630149205176661
TRUTH:
JACK MALLERS: Bitcoin Has No Competition. “The worlds value transmitter and the way to store money across time and transit money across space is very obviously #Bitcoin “ - @jackmallers. POST: https://twitter.com/SimplyBitcoinTV/status/1755497004329750621
Edward Snowden explains the very important distinction between right and wrong, and legal and illegal. POST: https://primal.net/e/note1mxrnn34xt8t5th0pmw4yxamqqn4klsy20zjlfjjsmyjc5xhnmfuqf5tmmc
ADOPTION:
🎉New Case Study! We're showcasing how BitcoinPeople.it built a mobile app on top of BTCPay’s API to scale bitcoin to 270 merchants in Italy with a total of €406,283 in transaction volumes. POST: https://primal.net/e/note1dkh3azl7fd6qa407wmafdf9lzcdurq07dmhayssdgyvxmfytgesqqdk0q0
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: MicroStrategy announces plans to be “world's first #bitcoin development company". The company says it will develop #bitcoin blockchain network applications and software. Listen to the founder Michael @Saylor explain at MicroStrategy’s latest Q4 earnings call today:
https://twitter.com/DocumentingBTC/status/1755309307594219902
Look at the Central African Republic 🇨🇫 They made #Bitcoin legal tender than they let shitcoins in and the economy collapsed. Same will happen to China et al. #ElSalvador escaped shitcoin hell thanks to #BITCOIN VIGILANTES stomping on faces! POST: https://twitter.com/maxkeiser/status/1755288407318634591
I have a YouTube channel with almost 11,000 subscribers and they have paid me about $14 a month in ad revenue for the exact same videos I share on NOSTR with only 2k followers. NOSTR zaps on the other hand have made me an average of $30 a month, and it's all in sound money. What platform is more rewarding for creators 💪? POST: https://primal.net/e/note1glmachrlex6qr42g2muw5wq24nwghzj4720cvnqzj5yhmvv9neqqr2yjam
Yesterday, I listed two smartphones for sale on Nostr via Amethyst's Shopstr integration. Today, those phones sold. No Facebook Marketplace. No eBay. Just beautiful decentralized shopping and decentralized payments. I'll ship them tomorrow. We are winning. POST: https://primal.net/e/note1kwjh56gsqr33fwh4f5rherrxrpy6eeu9sty243xg5dkspr489caqv6hehu
BITCOIN AS AN INVESTMENT:
Elon Musk acquired Twitter for $44 billion. If he had bought bitcoin instead, he would now have $94 billion. Here's how much money you'd have today if you purchased bitcoin instead of these 7 items. POST: https://twitter.com/BTCGandalf/status/1755339239682957636
KIDS BOOK:
Book Corner Alert! 📚 @BitcoinSophist, Bitcoin educator & author of "Bitcoin Kids". Senior Marketing Associate for Paxful. 🚀 #BitcoinAtlantis. POST: https://twitter.com/BitcoinAtlantis/status/1755638264885575773
PRIMAL APP:
NEW TUTORIAL: @primal full walkthrough - setup, create & interact in your feed, buy sats in-app, zap posts, send/receive via external wallets (shoutout @blinkbtc), and even migrate to other apps (shoutout @a open source android nostr client as an example). Share this one around to your noob friends. It may be the easiest first exposure to decentralized social media & money in a single solution! POST: https://primal.net/e/note19xkh5027t2x9uqcn9dtnrvm8l6t3kevqex9v20mwmgdrxjc3ffjqmlwcwe
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/
Today’s Bitcoin news update!
PRICE:
We seem to be melting upwards. Currently we are hanging around $43.5k and it’s possible that the absorption of the selling related to the ETFs is dwindling, which means we may see a huge jump soon. Some folks believe that when we cross $50k we will never see prices under $50k again.
BULLISH SENTIMENT EVERYWHERE:
NEW: 🇹🇭 Thailand will exempt #Bitcoin and #cryptocurrency transactions from value added tax (VAT) in a bid to encourage the development of a digital asset hub in the country.
In January, @MicroStrategy acquired an additional 850 BTC for $37.2 million and now holds 190,000 BTC. Please join us at 5pm ET as we discuss our Q4 2023 financial results and answer questions about our #bitcoin strategy and business outlook.. POST: https://twitter.com/saylor/status/1754976122607980726
“Everything under $1 million is going to be a rounding error in the future… If you get in at this point, you can be the next superpower of the world.” - @Excellion on the race for Nation States to adopt #Bitcoin. #BitcoinTalk on @titcoinpodcast. POST: https://twitter.com/WalkerAmerica/status/1755032299685527654
BREAKING: Fidelity now allocates 1% to spot #Bitcoin in their All-in-One Conservative ETF! They will ALL do it! 🚀 POST: https://twitter.com/BTC_Archive/status/1755267279296577878
FUNDAMENTALS:
Early #Bitcoin adopter, Davinci Jeremie, believes that Satoshi worked for the NSA and his security clearance gave him the knowledge to develop Bitcoin without leaving any back doors for the government. 🤯 POST: https://twitter.com/TheBTCTherapist/status/1755249971245301983
Many individuals like getting rekt. It is an adrenaline high to lose everything which explains Macau and Vegas. But in terms of managing an economy, attracting builders has been the only winning formula throughout history.
FIAT CRASHING:
BREAKING‼️ Credit card and auto loan delinquencies spiked to their highest since the 2008 Great Recession - Reuters. POST: https://primal.net/e/note145frz6gxfjnlnmnzxyagz0eudxpnqytrmfekuk5t9ge656enns3qaag6ms
NEW: 🇺🇸 Credit card debt hits a ‘staggering’ $1.13 trillion - CNBC. Probably nothing... 🤨 POST: https://twitter.com/RadarHits/status/1754999089635196941
President Obama says #bitcoin 'is everyone walking around with a Swiss bank in their pocket’. POST: https://twitter.com/DocumentingBTC/status/1755227792604639698
Guy Swann video: The Debt "Doesn't Matter”. VIDEO: https://www.youtube.com/watch?v=eyHToXZsgzo
CBDC’s are BAAAAAAD!!!
Listen to this scary message! POST: https://primal.net/e/note13e3gr3n99x5wcxm6gz92dyrtsuk62a02y2v2t0cl0kust4systhq9fhasz
LOCAL BITCOIN ADOPTION:
Wow! @ZEUS Point of Sale integration with Square terminals and inventory management worked flawlessly! Can’t believe how easy it was to set up to take lightning payments in our retail shops! This will allow us to easily train staff on how to accept bitcoin. Incredible work! POST: https://primal.net/e/note1nm4nps35w6sh8dsd2j5r9t8j4p0tssvf0de0ulh42rle4myr8uqqdrcfuf
BITCOIN EVENTS:
Get the lowest price on your tickets to #Bitcoin 2024, Nashville, July 25-27! WEBSITE: https://b.tc/conference/2024
MULTISIG WALLET:
Nunchuk Updates: Byzantine Improvements, Cancel via RBF, Other Fixes. Nunchuk is a Bitcoin multisig wallet with built-in premium features such as inheritance planning, scheduled transactions, emergency lockdown, and more. POST: https://www.nobsbitcoin.com/nunchuk-desktop-v1-9-28-android-v1-9-40-ios-v1-9-37/
SOVERIGN COMPUTING:
ALBY NEWS — We are very happy with this integration - @start9labs has integrated NWC into their StartOS.😍 Their operating system is one of the best entries to #sovereign computing. You can easily run your own server with a bitcoin node, a nostr relay, a lightning node... and many more! POST: https://twitter.com/getAlby/status/1755279119498002444
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/
Today’s Bitcoin news update!
PRICE: Still hanging around $43k and hasn’t moved much in about two weeks, which is not abnormal at all. Anything above $42k means we are holding strong and poised to ascend anytime.
Joe Rogan holds 5.24 #Bitcoin worth over $226k. He has not sold any since posting his wallet address in 2014. LINK: https://primal.net/e/note1h6w0j8rsd6s00mz75xlxvvx4zwceqzjmt09fzgj5l5gk72s2ug3sndmp93
WAKE UP!:
It's been easier to convince people to hand over half their income, their children to war, and their freedoms in perpetuity - than to engage them in seriously considering how roads might function in the absence of taxation. LINK: https://primal.net/e/note1d8m0ypuwgmvl90p9fre00a5s6xhjc7hzp33d5j7s38cl38q89rzsezy0hy
JUST IN: Tucker Carlson says the dominance of the US dollar is coming apart very fast, while in Moscow to interview Russian President Vladimir Putin 🇷🇺. "These are not small changes. They are history altering developments." 👀 LINK: https://primal.net/e/note1l0jc9pa0kpe7kmgx38sz9p79xa74eupp5arnycunq7e22jwnj57s4d4h5x
FIAT IS THE WORST:
All you need to know:
LINK: https://twitter.com/BTC_for_Freedom/status/1754896390386233806
FUNDAMENTALS:
"Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.” @Maxkeiser said it we do it! LINK: https://twitter.com/streetcyber_art/status/1754898283162472892
DYSTOPIAN FUTURE?:
NEW Article for Bitcoin Magazine: “Tokenized, Inc: BlackRock's Plan To Own The Fractionalized World.” In the aftermath of the recent Bitcoin ETF approvals, BlackRock's Larry Fink revealed that soon everything will be "ETF'd" and tokenized, threatening to fractionalize not just existing assets and commodities, but the natural world, reducing most living things into Wall Street financial products to be traded on a single, universal ledger.
ARTICLE: https://bitcoinmagazine.com/business/tokenized-inc-blackrocks-plan-to-own-the-fractionalized-world-
LINK TO POST: https://primal.net/e/note1kjas6uw0xwdksfe62nra904un50uq6nupxeykhmadyx2rg3dcs0qk6acwa
ADOPTION:
🤖 Discord Zap Bot 🤖 Now open to everyone. Add to your server with this link: https://bit.ly/discordzaps
LINK: https://primal.net/e/note13ws4lwhu8m6cu933suxuf4vshefr2g0k2je7w5ye43u596suftkqyzzlqe
FAKE IDs…UGH:
AI-Powered Service Churns Out Pictures of Fake IDs Capable of Passing KYC/AML for as Little as $15. “A website called OnlyFake is claiming to use “neural networks” to generate realistic looking photos of fake IDs for just $15, radically disrupting the marketplace for fake identities and cybersecurity more generally," reported 404Media. LINK: https://www.nobsbitcoin.com/ai-powered-service-churns-out-fake-ids-capable-of-passing-kyc-aml-for-as-little-as-15/
BUILDING THE BITCOIN SPACE:
📣 NEW: The Maker Space at #Bitcoin 2024 is a hub dedicated to showcasing the latest projects from budding developers, makers, and hackers building on bitcoin.
APPLY HERE: https://b.tc/conference/2024/maker-space#submit
TWEET: https://twitter.com/TheBitcoinConf/status/1754928563139314017
EVENT:
BitcoinSeoul 2024 to Take Place on May 29-31. LINK: https://www.nobsbitcoin.com/bitcoinseoul-2024-dates-announced/
EARN BITCOIN WHILE LISTENING TO PODCASTS:
BIG earnings today on Fountain. In ten years we will look back and think, “HOW was I earning 180 sats for listening to a podcast?!” Stack em while you can. And if you want the best podcast on Fountain, just search “Daily Bitcoin Journey” 😝 LINK: https://primal.net/e/note1d37g7f6qcawc9jny0rzn2nxgdzp25ugvtne09vu0jywlm6lcwcrqsf4tyj
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/
Today’s Bitcoin news update!
PRICE: We are still hanging around $42k. $40-42k is a major support area. The more we hang steady, the more likely it is that we will break out to the upside at some point.
ADOPTION NEWS:
Nayib Bukele Re-elected as President of El Salvador in Landslide Win. President Nayib Bukele secured a thumping victory in El Salvador's elections claiming to have attained more than 85% of the vote. LINK: https://www.nobsbitcoin.com/nayib-bukele-re-elected-as-president/
WHY BITCOIN?:
#Bitcoin is about freedom and self-sovereignty. It is about independence and verifiable truth; extreme ownership and responsibility; hope and human rights. - Gigi ⚡️. LINK: https://twitter.com/Satsback/status/1754525237088006237
Awakening to Freedom with Bitcoin - Govinda @ Bitcoin Freedom Festival. LINK: https://www.youtube.com/watch?v=Kka730oG5as
FUNDAMENTALS:
Bitcoin Will be Scarcer Than Gold After Halving, $500K BTC Price Predicted. LINK: https://cryptopotato.com/bitcoin-will-be-scarcer-than-gold-after-halving-500k-price-predicted/
#Bitcoin has no single point of failure @halfin. LINK: https://twitter.com/SimplyBitcoinTV/status/1754521762635960680
#Bitcoin is antifragile. LINK: https://twitter.com/CarlBMenger/status/1754552363866595627
“Historically, investors who bought and held bitcoin for at least 5 years have profited, no matter when they made their purchases.” LINK: https://primal.net/e/note18a454h9cvvgs6zn4ge9we3jp5map4z2d64x7yf26s8dzrpfmut6qmlw9n7
THE FIAT CALAMITY:
Michael Saylor ⚡️ @saylor: “If you're not worried, you don't need #Bitcoin.” LINK: https://twitter.com/saylor/status/1754530043852673377
Good morning NOSTR 🌞 time to try out these new Tiktok trends 😅. LINK: https://primal.net/e/note1ulr0audsfuake0ykg3872nvfh3ry8he54vsm2dg97vwres67eepsmtft2m
THAT’S THE FUN PART! LINK: https://primal.net/e/note177dfnqafc9tum0f39dex8wn86ztrdezqnsn7q5k6k4zjlht3pjdqkcl5w4
BITCOIN SLAYS ANOTHER WANNABE:
Bad day for Bitcoin Scammer's Version. LINK: https://twitter.com/alistairmilne/status/1754549152149582011
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
LINK: https://www.fractalbitcoin.com/p/the-bitcoin-panel/
Enjoy this awesome discussion!
This is a rare, insightful group of Bitcoiners. Conversations like these are invaluable. You can learn months worth of knowledge in one hour when you learn from folks who have tons of knowledge and experience with Bitcoin. And we are all in this for the right reasons -- not to "get rich quick" but to release the world from its current poisonous fiat shackles and usher in a new world of sound money where individuals and society's can flourishing naturally!
Thanks to AC, Nick, Walter X and Enki!
Enki on Nostr —> https://nostr.com/npub1gnwpctdec0aa00hfy4lvadftu08ccs9677mr73h9ddv2zvw8fu9smmerrq
Nick on Nostr —> https://nostr.com/npub12m2audhtflk3utlfn0alm6ss4d06vv9p83va9c78pka4kwvg54eq6p04fe
AC on LinkedIn —> https://www.linkedin.com/in/adriancercenia/
Walter X —> https://twitter.com/MuchoBitcoin
Fractal Bitcoin on Nostr —> https://nostr.com/npub1jz42cy8qxw6dres86sn0cr42hww24pnjqssa4k9wxqvzm5l0mvqsq2f5ku
Join our Locals community — https://fractalbitcoin.locals.com/
Today we discuss 7 misleading bogus criticisms of Bitcoin that the state disseminates to bolster its fiat propaganda:
1. Bitcoin has no intrinsic value: This critique argues that Bitcoin is purely digital and backed by nothing, and therefore has no intrinsic value. The rebuttal to this is that Bitcoin's value is derived from its scarcity, security, and decentralization, which are all valuable properties.
2. The government will shut Bitcoin down: This critique argues that governments will eventually ban Bitcoin, making it worthless. The rebuttal to this is that Bitcoin is decentralized and operates on a global scale, making it difficult for any government to shut it down completely.
3. Bitcoin is too volatile: This critique argues that Bitcoin's price is too unstable to be a reliable store of value. The rebuttal to this is that Bitcoin is still a relatively new asset and is subject to price fluctuations, but its volatility has decreased over time.
4. Bitcoin wastes energy: This critique argues that Bitcoin mining consumes too much energy and is bad for the environment. The rebuttal to this is that Bitcoin mining is becoming more energy-efficient over time, and renewable energy sources are increasingly being used to power mining operations.
5. Bitcoin is too volatile to be a store of value: This critique argues that Bitcoin's price is too unstable to be a reliable store of value. The rebuttal to this is that Bitcoin's volatility has decreased over time, and it is increasingly being used as a store of value by institutional investors.
6. Bitcoin has failed as a means of payment: This critique argues that Bitcoin is not a viable global everyday currency and has failed as a means of payment. The rebuttal to this is that while Bitcoin is not yet a viable global everyday currency, it is increasingly being used for cross-border payments and is being integrated into payment systems by mainstream institutions.
7. Bitcoin is a giant fraud: This critique argues that Bitcoin is a scam and is used primarily for criminal activity. The rebuttal to this is that while Bitcoin has been used for illegal activities, so have traditional currencies. Additionally, Bitcoin has many legitimate use cases and is increasingly being adopted by mainstream institutions.
LEARN YOURSELF SUMTHIN’:
Read The Bitcoin Standard by Saifedean Ammous —> https://saifedean.com/tbs
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
Today’s Bitcoin news!
PRICE: We are still hanging tight right around $43k. Any price above $40k maintains our bullish outlook.
WOW: $825 billion #Bitcoin market cap. $250 trillion global investable asset base. 👉Bitcoin is just 0.33% of the global asset base. So early… LINK: https://twitter.com/BTC_Archive/status/1753046808106791186
JUST IN: Cathie Wood's ARK says optimal #Bitcoin allocation for portfolios is 19.4%. Up 3x from 6.2% in 2022. LINK: https://twitter.com/BTC_Archive/status/1753042652868518124
ELITES FIGHTING BITCOIN:
US Department of Energy Announced an 'Emergency' Data Collection Initiative Targeting US Bitcoin Miners. The United States Department of Energy (DOE) aims to start collecting data on Bitcoin and crypto miners’ energy consumption from at least 82 mining companies starting next week. LINK: https://www.nobsbitcoin.com/us-department-of-energy-announced-an-emergency-data-collection-initiative-targeting-us-bitcoin-miners/
Welcome to the "then they fight you" stage of #Bitcoin adoption. The ruling class is freaking out; @JoeBiden's handlers attempting to dictate to Americans how to use their own electricity. Great time to reread 16 of @saifedean's The Fiat Standard. LINK: https://twitter.com/HelloGrayson_/status/1753078219950170341
If you are an operator in the bitcoin mining industry in the US it is imperative that you ignore this survey and tell the EIA, the Department of Energy, and the current administration to fuck off. Here's what they have in store for you. LINK: https://twitter.com/MartyBent/status/1752944401972888022
VIDEO: Mathew explains why the bankers hate #Bitcoin⚡️ how it’s beneficial to the environment and why the current US administration will have a lot of trouble standing up to BlackRock and others in the #Bitcoin⚡️ space. LINK: https://www.youtube.com/watch?v=7gNCV7IT1C0
POLITICAL NONSENSE:
Rep @Ilhan gets community noted, then ratioed by @MilenaMayorga 🤌 El Salvador is a sovereign country; the biggest "threat to democracy" is the U.S. interfering their elections… As a side note, @nayibbukele literally has *double* the approval rating of grandpa @JoeBiden. LINK: https://twitter.com/WalkerAmerica/status/1753109402628808827
REAL ADOPTION:
BREAKING: #Argentina eliminates taxes on #Bitcoin. LINK: https://twitter.com/CarlBMenger/status/1753083852447187222
Bitcoin Java Cards Could Help Bank Millions In Africa And Billions Next. LINK: https://www.forbes.com/sites/digital-assets/2024/01/31/bitcoin-java-cards-could-help-bank-millions-in-africa--billions-next/?sh=2143be116bde
Strike app — The global money app for fast, safe, payments and bitcoin. Pay, get paid, and send money globally. Buy, sell, and withdraw bitcoin with ease. Accept and send bitcoin and dollars via the Lightning Network.
NOSTR APPS KEEP BUILDING:
Damus Introduces Purple: Premium Tier For Project Supporters. Damus Purple is a paid membership to Damus that grants users access to exclusive features and helps to fund the project. LINK: https://www.nobsbitcoin.com/damus-introduces-purple/
FALSE FLAGS COMING??:
Predictive programming. The false flag / state of emergency / play to take away moar rights is nearing. “FBI says Chinese hackers targeting U.S. electrical grid, water, transportation”. LINK: https://primal.net/e/note1fkmne7tdrx37n8840cwv6ptzggs668a5km30tl3gpq2evll0n7sqy2denm
EVENT ANNOUNCEMENT:
Riga Bitcoin Week 2024 is hosting NOSTRIGA, the 3rd edition of the Nostr.World Unconference. 🗓️ August 22-23 🇱🇻 Riga, Latvia. Secure your spot: http://baltichoneybadger.com/nostriga
TWEET: https://twitter.com/hodlhodl/status/1753102912950088107
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
*Watch on Fractal Bitcoin channels!
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
Today’s Bitcoin news!
PRICE UPDATE:
Bitcoin has been hovering around $43k for the past few days. Anything above the strong $42k support can indicate an upward move incoming.
What is Bitcoin, reeeally??? LINK: https://twitter.com/SimplyBitcoinTV/status/1666538049268842496
BITCOIN ADOPTION:
How hyperbitcoinization will play out:
1. Rich people will lose trust in The Fed, bonds, real estate, gold and USD
2. They’ll find out what #bitcoin is and get FOMO
3. They’ll buy the remaining 2M BTCs on exchanges. Normies will also sell their coins for high prices to them thinking they can buy back cheaper later
4. Central Banks will print fiat to buy it which will create hyperinflation
5. After USD gets hyperinflation debt will be worthless, many businesses will go broke. The world will clean out everything that is not profitable. We’ll start from clean sheets with Satoshis as the new currency
These steps can last for months or up to three years. Don’t sell your coins to them.
LINK: https://twitter.com/BTC_for_Freedom/status/1752725534755176662
SECURITY:
Ripple Co-Founder Confirms $112.5 Million XRP Hack. Executive chairman Chris Larsen said the stolen tokens came from his personal accounts. LINK: https://unchainedcrypto.com/ripple-co-founder-confirms-112-5-million-xrp-hack/
JUST IN: FTX claims during court hearing that they expect to pay all crypto customers in full amid bankruptcy liquidations. NOTE: They are paying at the prices of November 2022, when Bitcoin was under $17,000. LINK: https://twitter.com/bitcoin_scoop/status/1752727134060126467
FIAT SHENANIGANS:
BREAKING‼️New York Community Bank, $NYCB, falls ~40% after earnings. This is the bank that acquired the collapsed Signature Bank. Bank Crisis II. LINK: https://twitter.com/RadarHits/status/1752715516781690886
BREAKING: Saudi Arabia officially joins BRICS. LINK: https://twitter.com/bitcoin_scoop/status/1752724056053370910
GOVERNMENT NONSENSE:
“Climate change” will be used by Central Banks as an excuse to print more money, & as a scapegoat when inflation gets out of control… In reality, Central Banks and the creation of fiat currency ex nihilo is the most destructive force on the planet. LINK: https://twitter.com/WalkerAmerica/status/1752333983273136371
Don’t fall for it. The government sells fear so they can become your savior. LINK: https://twitter.com/efenigson/status/1752629930037559584
🧵While we were sleeping, the European Commission (via ESMA & ECB) has been creating a report which they plan to label bitcoin…
-environmentally harmful
-a threat to EU energy security
-a haven for financial criminals
Paving the way for 2025 de facto EU bans on BTC & BTC mining
LINK: https://twitter.com/DSBatten/status/1752487657320726890
THE MOST IMPORTANT QUESTION:
Road House (2024) — will it be good or a major flop? LINK: https://www.imdb.com/title/tt3359350/
NEW FRIDAY LIVESTREAM:
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Today’s Bitcoin news update!
PRICE:
Still hanging steady at $43k. With Grayscale selling slowing down, it’s looking like blastoff is right around the corner.
NEW: Grayscale's #Bitcoin outflows have fallen 6 days in a row to just $190m yesterday. 🚀. LINK: https://twitter.com/BTC_Archive/status/1752353687932940531
NEW: #Bitcoin about to close UP 5 for months in a row for the first time since the last bull market. There are people still waiting for 12K 😅. LINK: https://twitter.com/BTC_Archive/status/1752359492006687043
ADOPTION:
JUST IN: 🇺🇸 Elon Musk's X (Twitter) gets money transfer license for payment in Nevada. LINK: https://twitter.com/RadarHits/status/1752328520947077584
Andreas Antonopoulos explain Bitcoin and money. LINK: https://rumble.com/v4a9hvl-andreas-antonopoulos-explain-bitcoin-and-money.html
Governments that own Bitcoin, and how much they own. LINK: https://primal.net/e/note1yd6vteedfgkqcdkl43x02rczyvl8hls22e4nu99f20zhj9rh0awqrfn865
FIAT:
BREAKING: The fiat system. Interest payments exceeds national Defense expenditures for first time in history. Thanks for plotting @henryoloughlin. LINK: https://twitter.com/CarlBMenger/status/1752417189305405516
JUST IN: 🇷🇺 Russia says ditching the US Dollar for trade settlements is a top priority in 2024. LINK: https://twitter.com/bitcoin_scoop/status/1752354854599561334
“Why do these silly #Bitcoin maximalists keep saying the Federal Reserve prints money??” LINK: https://twitter.com/WalkerAmerica/status/1752349664249029097
I think she just broke out of the matrix. LINK: https://primal.net/e/note14ttcm2rmprrp2a8wj0lf7p22lw59wswmkkeleqm8a2yarmx040wqee9ruk
BITCOIN CULTURE:
Bitcoiners don’t do political team play. Bitcoiners hear each other out in full and when we disagree we still respect and support one another. The only team Bitcoiners are on is team #Bitcoin Freedom. @publordhodl @Anders_ @brandon_gentile @DJSATOSHI18 @BTC_MS_THRIVING @michelleweekley. LINK: https://twitter.com/BJdichter/status/1752343312282099985
Alex Gladstein: Why Bitcoin matters for human rights. 💜 #Bitcoin @gladstein #Plebchain. LINK: https://primal.net/e/note18q057q5rwcr6v6rw9ufuq0juevtrl6tkh39znx7mk40nl3tgzvwsp9s3ra
SOVEREIGN COMPUTING:
Start9 servers
LINK 1: https://primal.net/p/npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll
LINK 2: https://twitter.com/RMessitt/status/1752330429259022542
NEW FRIDAY LIVESTREAM:
The Bitcoin Panel
Fridays at 4:00 PM Eastern / 1:00 PM Pacific
*Watch on Fractal Bitcoin channels!
Subscribe to Fractal Bitcoin for your daily Bitcoin news!
…and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;)
Join our Locals community — https://fractalbitcoin.locals.com/
From the publisher's feed