Hello Humble Bitcoiners!
Moral seems to be ramping up. It is nice to have some positive price action — let's hope it happens more, while we enjoy some good Bitcoin signal! |
|
📝 Today's Rundown - Pay Me In Bitcoin: Luana Pinheiro will become the first female UFC fighter and first Latin American athlete to receive her paycheck in bitcoin.
- Fiat Falsehood: Finding direction in a fiat world is like using a compass that’s lost its magnetization, leaving it to spin free and unabated.
- Scalability Alternative: Forget Lightning, there is an entirely different approach to Bitcoin scaling that fiat money has obscured.
|
|
|
First Female UFC Fighter To Be Paid In Bitcoin Through Bitwage Partnership
By Shawn Amick Luana Pinheiro will become the first female UFC fighter to be paid in bitcoin. She is currently ranked #15 in the strawweight fighting class, and holds a 10-1-0 record while undergoing a winning streak of eight matches.
Her decision to move into a bitcoin standard was not only influenced by her boyfriend, Matheus Nicolau, who recently did the same, but also her previous experience with Brazilian inflation.
Through a partnership with Bitwage, Luana will be able to receive her salary in bitcoin and feels comfortable as she has a trained low time-preference, developed through her Brazilian Jiu Jitsu career. |
|
How We Should Really Think About Bitcoin Maximalism
By Jimmy Song It is quite incredible how much nearly every aspect of humanity can change due to a single factor: an insufficient monetary system. The fact that money can be printed indiscriminately, automatically makes it worthless, which ultimately affects almost every human interaction, behavior and belief, debasing them to the point of also being worthless, just like the tool used to transact.
The fiat system in which we are currently forced to live in, with its infinite money supply, selective government subsidization and irrational credit issuance, has managed to completely change our perspective on life, its meaning and its importance.
Fiat education has become a substitute for family, fiat companies have become a substitute for real community, fiat politics has become a substitute for real religion, fiat science has become more and more unanchored from reality, fiat art similarly reflects a lack of a metaphysical anchor and almost every human feature that used to be invaluable has now become worthless due to a poorly designed monetary policy. Fortunately, Bitcoin will fix that. |
|
1. Fedi raised $4 million to accelerate the development of the Fedimint protocol and its companion app Fedi — tools that can improve and scale bitcoin custody. 2. Fedi enables people around the world to easily interact with and use bitcoin in a decentralized, private and simple way. 3. Zebedee, the bitcoin gaming company, raises $35 million to scale its expanding demand in partnership with multiple investors including AAA gaming studio, Square Enix. 4. BNP Paribas, with over $13 trillion under management, will reportedly partner with Metaco to offer custodial services for bitcoin and other digital assets. 5. What does it mean to be a “buyer of last resort” and how can Bitcoiners navigate the volatility of the bitcoin markets now and in the coming years? 6. Why a new healthcare system should be the first product developed in Web5 to offer equitable, affordable and patient-centered healthcare for Americans. 7. Bitcoin was designed to empower the individual through the separation of money and state. Self-custody wallets are integral in preserving that goal. 8. As government entities continue to oppress farmers in the Netherlands, Bitcoin stands ready to help those in need. |
|
|
| 💻 SCALABILITY ALTERNATIVE |
|
The Real Scaling Solution For Bitcoin
By Knut Svanholm One of the oldest criticisms about Bitcoin is that it cannot scale to global usage. Skeptics often claim that bitcoin’s on-chain transaction capacity of about seven transactions per second is not enough to sustain current world’s demand, and they might be correct.
However, what most critics fail to understand is that Bitcoin is not here only to replace the current deficient monetary system. Bitcoin is here to change everything, including all sorts of human interaction. Bitcoin will end overconsumption and unnecessary transactions will cease to exist.
Bitcoin will change humanity’s mindset. With a monetary policy that encourages saving, the necessity for transactions per second will diminish since people will prefer quality over quantity. Only significant, essential investments that provide enough value to humanity will be worth making since simply holding on to your bitcoin will be a better strategy in most cases.
It is true that Layer 2 protocols such as the Lightning Network are of great help for the scalability of Bitcoin, however, Bitcoin will also scale itself by scaling humanity first. |
|
By Azor
We all know what real money is by now — and it is not fiat. Personally, I want my money to have transparent issuance rules, with a production cost tied to reality. I don't want a central party arbitrarily deciding whether or not they'll issue new units at zero marginal cost, directly into the pockets of their friends.
Stack harder,
Bam |
|
Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
|
|
|
|
