|||

Bitcoin Has No Top

Thought of the Week by Anita Posch

Seems Bitcoin is still for the crazy people. Those who dare to not only think differently than the mainstream, but also have the guts to bear up against accusations such as Bitcoin is boiling the oceans!”. Which it is not. As an environmental conscious person this topic bothers me a lot and I am collecting all sorts of articles and research to write a rebuttal in the next weeks. If you have good resources please send them to me.

“Clean” Mining Is Censored Mining

In my recent interview with Andreas M. Antonopoulos - btw please subscribe to my YouTube channel - we were discussing threats to Bitcoin such as the slippery slope of more and more regulations. In the traditional financial world many banks are over-fulfilling the rules and this is starting to happen in Bitcoin too.

Two of the largest Bitcoin mining companies in North America, Marathon Patent Inc. and DMG Blockchain Solutions Inc., recently joined forces to create the Digital Currency Miners of North America (DCMNA) nonprofit trade group, the first North American mining pool with a legal entity. Together, they’re pioneering a technique they call clean mining,” meaning they’re promising to only mine transactions that the government approves of.

I would call that mining censorship. I interviewed Jameson Lopp this week about strategies and the possible outcomes regarding Bitcoin mining. Interview will be out on Thursday.

Quote of the Week

“Bitcoin has no top, because Fiat has no bottom.” - Max Keiser

Top Stories

Central Bank of Nigeria Bans Cryptocurrencies

This week the Nigerian Central Bank published a directive ordering banks to close down accounts associated with cryptocurrencies. I do not think that this will have a huge impact on the use of bitcoin in the country. Most people use it as a hedge against their inflating local currency and as a store of value. For example the women of the Nigerian Feminist Coalition (watch my interview with them) used bitcoin very successfully to fund their protest movement. (Source)

City of Miami Accepting Bitcoin

The city of Miami is going forward by enabling employees to be paid in bitcoin and by collecting fees in btc and even investing city treasury.

Democrat Andrew Yang Wants to Make Nyc a Bitcoin Hub

Jack Dorsey, JAY-Z and Mr. Carter (Who Ever This Is) Are Funding African Bitcoin Start-Ups

Chamath Palihapitiya on Bitcoin in 2013

I didn’t know that Chamath Palihapitiya was very long bitcoin as early as in 2013. Hear him talking about the importance of Bitcoin in countries that are not a part of the so-called Western world. This thing is still at the beginning.

Tesla Investing 1,5 Billion Usd in Bitcoin

This was just a matter of time. I believe Elon Musk is long bitcoin for many years privately.

Podcast of the Week Audio Only

Building Bitcoin DIY Hardware and Software

Video

Subscribe to (L)earn Bitcoin

Subscribe for my weekly newsletter. It’s free.


If you want to check, here is today’s Bitcoin price.

No financial advice. DYOR.

Up next How to Get a Secure Bitcoin Wallet: Blockstream Green Wallet Tutorial The Blockstream “Green Wallet” by Green Address Ltd. is a non-custodial wallet. This means, that you are the true owner of your bitcoin. The Green Not Having Bitcoin Would Be the Net Waste
Latest posts Education on Zambian Tv Show Bitcoin Flyer in Spanish Bitcoin Flyer in Shona Bitcoin Flyer in Greek Bitcoin Flyer in Catalan Bitcoin Gives People a Choice The Bitcoin Community in Zambia Is Growing The Future of the Internet Is Decentralized and Nostr Could Play an Important Role Bitcoin Flyer in French, German, Slovak and Portuguese Brazilian Bitcoin Transaction Is Unconfirmed and Pending - How to Speed It Up Podcast: The Humanitarian Case for Bitcoin, Pt. 2 Bitcoin Flyer Update: Moving to Phoenix Wallet for Lightning Podcast: The Humanitarian Case for Bitcoin, Pt. 1 Review: The Best Lightning Wallets for Slow Internet 2023 Why I’m Not Podcasting and Are You a Cracker? Great Zimbabwe Second Biggest Monument in Africa Bitcoin Price Surges During a War on Cash in Nigeria Donate and Receive a Bitcoiner for Fairness Outfit (L)earn Bitcoin Audiobook First Bitcoin and Lightning Node in Zambia Bitcoin and Human Rights Article Goes International Bitcoin, Das Geld Der Menschen Podcast: How Bitcoin Solves Financial Apartheid Podcast: 2022 - a Year in Grassroots Bitcoin Adoption for Africa Podcast: Mining Bitcoin With Solar in Zimbabwe 5th Bitcoin for Fairness Meetup in Lusaka, Zambia Video Documentary: How Bitcoin Enforces Human Rights Hosted a Bitcoin for Fairness Meetup in Accra, Ghana Bitcoin Technology Center “Btc” in Edwinase Community Near Kumasi First African Bitcoin Only Conference Sowing the Seeds for Further Adoption Bitcoin Flyer in Luganda


Contact & Imprint | Privacy Policy