Hello Humble Bitcoiners!

Happy Bitcoin Independence Day! Today we celebrate the decentralized strength that Bitcoin nodes have — and the collective spirit of Bitcoiners to tirelessly defend that.
📝 Today's Rundown
  • Miners Heading To US: An executive from bitcoin ASIC manufacturer Canaan shared plans to expand its operations to the U.S. in an interview.
  • Bitcoin Independence:  Five years since the first Bitcoin Independence Day, have we forgotten how Bitcoin survived its most existential threat to date?
  • Principles: It is my hope that a transition to a world on a Bitcoin standard will re-center the focus of medicine on the doctor-patient relationship.
Learn More

💻MINERS HEADING TO U.S.

Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations
By Shawn Amick

Canaan, a global leader in bitcoin mining rig manufacturing based in China, shared that they are planning to launch self- or joint-mining operations in the U.S.

Ever since the hash migration out of China last year, miners have been looking for alternative jurisdictions to host their mining and chip production operations to diversify their risk and secure their business as China becomes increasingly hostile to the industry.

The company recently successfully deployed over 10,000 miner units in Kazakhstan and now they are under legal procedures to enter the American market.
Read Full Article

🗽BITCOIN INDEPENDENCE

Bitcoin Independence Day: Luke Dashjr On The Lessons From SegWit That We're Forgetting
By Peter Chawaga

The Bitcoin network and its participants have already participated in a civil war that many people might not be aware of. Bitcoin’s Blocksize War, waged from 2015 to 2017, was an internal conflict between network participants that ended up on a hard fork and a blockchain split.  On the surface the battle was about the amount of data allowed in each Bitcoin block, however, if analyzed deeper, it exposed much deeper issues, such as who controls the rules of Bitcoin.

Bitcoin Independence Day, August 1, 2017, is the day that some consider to be the beginning of the end of the Blocksize War. On that day, Bitcoin users planned to deploy a software upgrade through a user-activated soft fork (UASF) via BIP148, which they hoped would mark a community-based victory by activating SegWit. Bitcoin Independence Day is a day worth remembering, so that we don’t forget our past and we understand the collective power the users of Bitcoin have.
Read Full Article

📰 THE DAILY BITS
1. The fiat system is based on debt and usury, which is antithetical to Islamic law. Bitcoin allows for a monetary system that follows the teachings of the Quran.

2. The danger of letting political interests control supposedly neutral data and science is obvious when terms are made subjective to fit the current narrative.

3. Bitcoin may eventually be labeled as a brand new type of property in the U.S. and U.K. because it doesn’t physically exist in any one specific location.

4. Five years since the first Bitcoin Independence Day, have we forgotten how Bitcoin survived the closest existential threat to date?

5.Santander, to offer bitcoin, crypto services in Brazil, by or before the release of its quarterly results.

6. Surging general interest in Bitcoin, ideal energy sources and other facts make Africa an ideal region for growing bitcoin mining operations.

7. A report cites a restructuring deck where Babel details unhedged ‘risky’ trading practices leading to mass liquidations which require massive debt to recover.

8. FTX exchange will build a headquarters in Dubai to operate exchange and clearing house services for bitcoin and cryptocurrencies through a subsidiary.

9. Bitcoin Valley Hub launches in Honduras, aiming to spur bitcoin adoption and invite more tourism to the region.
📜 PRINCIPLES

The Price Of Principle
By Dr. Bitcoin MD

This is the saga of Dr. Bitcoin MD, contributor to the print Bitcoin Magazine, Bitcoin enthusiast and medical doctor who discovered Bitcoin on his path towards self sovereignty. 

Since he was a child, Dr. Bitcoin MD afforded medicine the importance he believes it deserves. Inspired by ancient philosophers and moved by the Hippocratic Oath, Dr. Bitcoin MD has been clear throughout his career about the role that a medical practitioner should have. He understands that, as a doctor, his role is not to make decisions on behalf of patients but to provide them with the necessary knowledge and communicate the risks and benefits so that they can decide for themselves. 

The COVID-19 pandemic was the perfect excuse for governments and the healthcare system to completely ignore the Hippocratic Oath. Doctors were being ordered to advocate for a particular medical option for all patients, regardless of age, sex, comorbidities or overall risk profile. Those who opposed were sentenced to a career and professional death. Fortunately, a Bitcoin standard can prevent this from happening in the future again.
Read Full Article
💎 256-For-256
BITCOIN WAR BONDS (2022) by Tommy Marcheschi 
Get you hands on the first drop of the new "256-for-256" collection by Bitcoin Magazine. Limited edition, high quality bitcoin art prints.

✅ Signed and numbered by artist.
⭐️ Certificate of Authentication.
💎 Limited to 256 prints.
Shop Art Prints →

MEME OF THE DAY 
By Bitcoin Magazine

Satoshi Nakamoto gave us a beautiful invention, an open monetary network. For the first time there is hope for humanity with a novel way of storing wealth in a digital format, without a central party having the power to censor or debase it.

What a time to be alive.

Stack harder,
Bam
Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking.
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