Satoshi's Plebs

Egypt's currency was unpegged this week as part of a plan to secure eight billion dollars of loans from the IMF/World Bank. Within 48 hours the currency lost about 1/3rd of it's value against the USD. As normal this was all tied into stipulations that the IMF require for this so called "bailout". Let's discuss!

Bitcoin Weekly Close Price

March 10rd, 2024: $69,025

Block Height at Time of Recording

834,131

News and Links

https://www.bloomberg.com/opinion/features/2023-09-12/africa-s-lost-decade-economic-pain-underlies-sub-saharan-coups

https://www.economist.com/middle-east-and-africa/2024/03/07/why-africa-is-cryptos-next-frontier

https://thefederalist.com/2024/03/06/the-uns-green-energy-plan-will-widen-the-energy-gap-keeping-the-worlds-poor-in-squalor/

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

A common trope on Bitcoin Twitter and Noster is that you should be "all in" on Bitcoin. Living on the Bitcoin standard, etc. Life is of course more complicated for many of us. Can we get there? How might that work? Let's discuss.

Bitcoin Weekly Close Price

March 3rd, 2024: $63,137

Block Height at Time of Recording

833,0046

News and Links

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week I discuss why I believe that the African continent could lead the way in Bitcoin adoption and potentially lead to a new Renaissance. Let's discuss!

Bitcoin Weekly Close Price

February 25th, 2024: $51,730

Block Height at Time of Recording

832,075

News and Links

Nigeria Tries to Block Access to Crypto Exchanges
Banking and Securities Commission of Honduras Bans Banks From Dealing in Crypto
EIA Suspends Survey of Bitcoin Mining Power Usage
Malmi and Satoshi Emails

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

We are down to the last two months before the halving. For weeks the upward march in price has been intense. Little consolidation and only one brief pullback. Are we continuing upward or is it time to pull back?

The rest of the year is probably going to bring some of the most intense price action ever for Bitcoin. How you prepare for this bull run will help determine your long term success. Let's discuss.

Bitcoin Weekly Close Price

February 18th, 2024: $52,132

Block Height at Time of Recording

831,068

News and Links

Argentina Sees First Balanced Budget in Over a Decade
Spot ETFs Continue to See Inflows
Banks Pushing for Regulation to Be Able to Hold Bitcoin
Justin Sun Pushing for Layer Two Bitcoin Defi Solution
Japan Slips Into Recession

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week I dive into the misconceptions of "Bitcoin is only for the rich" or "Bitcoin is for the middle class". Bitcoin is for everyone - even with the current constraints. Let's discuss!!

February 4, 2024: $42,030

Block Height at Time of Recording

827,896

News and Links

Bitcoin Mining Regulation
Argentina Bitcoin Regulation Stopped
Argentina Removes Taxes on Bitcoin

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

"I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t stop."

F. Hayek

Bitcoin is the completion of Hayek vision. It's possible with worldwide adoption of Bitcoin that we can have signifcant separation of State and Money. If the State isn't printing fiat money I see three aspects of monetary policy improving over time. Let's discuss!

Bitcoin Weekly Close Price

January 28, 2024: $42,030

Block Height at Time of Recording

827,896

News and Links

https://bjwa.brown.edu/29-2/a-wall-of-separation-between-money-and-state-policy-and-philosophy-for-the-era-of-cryptocurrency/

https://www.coindesk.com/consensus-magazine/2023/07/27/cbdcs-wrongfully-break-down-the-separation-between-money-and-state/

https://medium.com/the-bitcoin-times/the-separation-of-money-and-state-eecedcfe8d69

https://watcher.guru/news/us-government-to-sell-130m-worth-of-bitcoin-from-silk-road

https://en.wikipedia.org/wiki/Richard_Cantillon

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

Many people will tell you Bitcoin is "too volatile". After fifteen years and with major Wall Street adoption it's time to revisit this idea. Let's discuss!

Bitcoin Weekly Close Price

January 21, 2024: $41,553

Block Height at Time of Recording

826,772

News and Links

The Bitcoin Handbook

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week we take a look at the toolset I'm building for my new desktop computer and how that will help me become more self-sovereign. These freedom tools are indispensable. One of the projects I'm working on is to make these toolsets available more widely. 

January 14, 2024: $41,572

Block Height at Time of Recording

826,454

News and Links

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week's episode wraps up our privacy discussion. We discuss the common components of privacy and wrap things up by walking through a solid privacy-based toolchain for secure storage of your Bitcoin.

News and Links

Samourai Wallet

Sparrow Wallet

JoinMarket
DMX Decentralized Mixer 

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license