Hello Humble Bitcoiners!
Bitcoin underwent a big battle to hold the line of $19,000 as we saw reported inflation set a new 40-year high of 9.1%.
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📝 Today's Rundown - Freedom Money: For Americans cut off from basic financial rights because of their incarcerations, bitcoin can be freedom money.
- Bitcoin Culture: If you see evil toxicity oozing from every corner of Bitcoin, it might be a reflection of your own views on the world.
- Nuclear & Free Energy: Let’s imagine a nuclear power plant that integrates bitcoin mining on site. How does its profitability compare to a standard operation’s?
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How Bitcoin Helps Survivors Of The Prison Industrial Complex
By Leigh Cuen Bitcoin is freedom money for everyone. Unlike the current global banking system, It does not discriminate and functions identically for anyone. Every politician, citizen and even former prisoner have to play under the same set of rules already programmed into the Bitcoin’s protocol, which makes it the best, fairest and most trustworthy monetary system that human civilization has ever invented or discovered.
That characteristic of Bitcoin has allowed the creation of projects such as “Give Back To Community,” a nonprofit organization focused on helping prisoners and returning citizens in Virginia become a positive force in their local communities, rather than feeling ostracized. Bitcoin gives everyone, including inmates and returning citizens, the opportunity to radically change their perspectives for the better by looking forward into the future and allowing them to create generational wealth. |
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Of Monster And Maximalism - Bitcoin Culture Is Created By Value Alignment
By John Vallis Bitcoin maximalists are a special breed. For some internet citizens they might seem part of some toxic online cult made up of intolerant dudes who enjoy intimidating and bullying anyone who opposes their views on economics, politics and life in general. But that's OK — what people think of you speaks more about them than about you.
In general, Bitcoin maximalists are people that, after having realized that humanity’s future is almost certainly doomed due to an extremely poorly designed system, have found in Bitcoin a reason to hope for a better future. The Bitcoin culture is not about being right or wrong, and much less about becoming richer than others. The Bitcoin culture is about freedom and truth, it is about our right to verify, to store value, to work for something meaningful and to hope for a better humankind. |
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| There is often the narrative that Bitcoin incentivises the production of renewable energies and even nuclear energy. But could the incentives be strong enough to create a society with abundant and free energy?
This piece provides a thorough case study on the planning and inception of two nuclear plants: one with bitcoin mining co-location, and a traditional one. It describes a year-by-year scenario with the capital allocation and debt servicing to showcase how bitcoin, as an energy consumer of last resort, can be a great motivation for any energy producer.
"Bitcoin mining can monetize energy that could otherwise never be monetized." – Puru Goyal and Tina Stoddard |
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By Wall Street Memes
Nowadays people are realizing and attempting to understand what inflation actually means, and what is the real reason behind it? In the Bitcoin community, there is the belief that it is a direct consequence of increasing the monetary supply. For some reason, many people disagree.
Whatever that reason is, reported inflation has not stopped ramping up, while salaries are not catching up with the same growth. This makes people start to wonder if our currencies have any value at all.
Seek safety in sats,
Bam |
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Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
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