Hello Humble Bitcoiners!

Safeguarding your wealth in bitcoin is the most important step in securing your future. 
đź“ť Today's Rundown
  •  💪🏼 Ossification: Drivechain could provide an avenue for continuing development on Bitcoin while not compromising the security created by ossification.
  • 🌍 Education In Africa: A new center will focus on financial literacy, foundational mathematics and English skills for the youth while providing Bitcoin education to older cohorts.
  • 👨🏻‍💻 Exposed Profiles : Bankrupt Celsius exposed personal information of thousands of users amid its restructuring process. Here’s what happened and what you can do for protection.
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HODLween is a Bitcoin-only celebration on October 21 and 22 designed to unite us around the idea of self sovereignty through education, play and community. If you hold bitcoin, are curious about bitcoin, or just want to have some fun — HODLween is for you! HODLween features three main events — The Cattlemen's Feast in collaboration with the Beef Initiative, Speakers and Bitcoin Workshops, and an epic HODLween Costume Party!

You don't need permission to be your own bank and you don't need permission to have fun!
Learn More

💪🏼 Ossification

DriveChain Could Ossify Bitcoin’s BlockChain For Good
By Nikata Chashchinskii

The ossification of Bitcoin is a key to guaranteeing its sound money properties: security, immutability and incorruptibility. However, not allowing Bitcoin to change in the future could end up being a double-edged sword. Anything that cannot undergo change is destined to fail. 

Bitcoin requires a mechanism for change and adaptation to achieve victory in the competitive environment it lives in. But, at the same time, sound money has to be unchangeable by the subjective perspective of any single person.

With Drivechain we have a way to reconcile our two “irreconcilable” requirements of change and security. We can preserve Bitcoin’s trustless and distributed nature, and at the exact same time, we can ensure that, in the future, we would be able to adapt as required.
Read Full Article

🌍 Education In Africa

Bitcoin Ekasi Launches Financial Education Center In South Africa
By Shawn Amick

This is the story of Bitcoin Ekasi, a circular bitcoin economy located in South Africa. The non-profit organization has recently opened Bitcoin Ekasi Center, providing financial literacy and bitcoin for local youths, entrepreneurs and businesses.

As of today, Ekasi has already onboarded 10 local businesses to bitcoin in the area, and signed 20 youths up for their education center, with plans for expansion. In just a year of Bitcoin Ekasi's inception, the team has already witnessed financial empowerment through Bitcoin, and improvement  in unrelated social issues.

Some people still think of Bitcoin as a "get rich quick scheme," despite living in a world were money is corrupted. Ekasi reminds us that there is a group of people who are determined to build themselves a better future and better societies through education and a sound monetary system.

As people often say: fix the money, fix the world.
Read Full Article

đź“° THE DAILY BITS
1. Bitcoin’s unique properties of electricity usage and heat generation bring new frontiers to building design.

2. The White House is planning to regulate the Bitcoin and stablecoin industry and they are planning to create a central bank digital currency.

3. Spiral and Braiins establish a working group that will streamline processes for bitcoin miners looking to upgrade to the Stratum V2 communication protocol that connects miners to the network.

4. With a lack of funding, the Tor project is struggling to defend against denial-of-service attacks, putting Bitcoin projects at risk.

5. Google will start accepting bitcoin and cryptocurrency payments for its cloud services in a partnership with U.S. exchange Coinbase.

6. BNY Mellon, world's largest bank, can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York.

7. River’s Lightning service is the backbone for Chivo Wallet in El Salvador and removes the need for developers to have their own Lightning infrastructure.

8. The Financial Action Task Force and its anti-money laundering policies are antithetical to Bitcoin and an attack on human rights everywhere.
Go To Money 20/20
👨🏻‍💻 Exposed Profiles

Why Celsius Exposed User Information And What You Can Do About It
By Namcios

Celsius, a cryptocurrency lending firm currently undergoing bankruptcy processes, was obliged to expose customer information as part of its restructuring process, given the necessary transparency demanded by U.S. law.

Revealing such sensitive information is a terrible privacy violation for Celsius’ clients. Celsius itself put forward the argument that their former customers could become targets of “identity theft, blackmail, harassment, stalking and doxing.”

The author of this article reviews the Celsius narrative and evaluates what can be done to mitigate some threats for those doxxed users. The right to privacy should not be seen as something law-abiding citizens don’t need but rather as the very right that enables all the others.
Read Full Article

MEME OF THE DAY 

By Michael

Each day, Bitcoiners face the chaos of the world with hope that sound money will create a brighter future. 


Stack harder,
Bam
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