Hello Humble Bitcoiners!

Finally Friday. The week may come to an end, but Bitcoin never stops. Let's dive in.
📝 Today's Rundown
  • Bitcoin Island: Próspera is a charter city within Honduras that has detailed a framework for making bitcoin legal tender, but what is it really trying to achieve?
  • Affordable Healthcare: Users will have access to Bitcoin’s Lightning Network using OSMO Wallet with IBEX’s infrastructure enabling low-cost, instant payments with cash-out locations.
  • Funding Developers: ₿trust has located the founding member for its new cohort designed to locate and educate new developers in the Bitcoin ecosystem, beginning with Africa.
Learn More

🏖️  BITCOIN ISLAND

The Free City Of Póspera: Can This Island City’s Bitcoin Standard Pave The Way?
By Shawn Amick

Within the paradise of Roatán, a Western Caribbean tropical island off the coast of the northern corridor of Honduras, lays a private charter city and special economic zone that has announced the adoption of a Bitcoin Standard: Póspera. The city is trying to show the world what it means to exist semi-autonomously from nation-state control while still being part of a nation-state.

According to Joel Bomgar, the president of Honduras Próspera Incorporated (the private company behind the creation of Próspera), Próspera is “a free city that has adopted bitcoin as legal tender,” making it clear that Próspera is not just about bitcoin, but about sovereignty. The author of this article explains everything you need to know about this peculiar charter city, its current conditions, its legislation, its growth plans and more.
Read Full Article

💊 AFFORDABLE HEALTHCARE

Bitcoin Incentivizes Patient-Centered HealthCare For Millions Of Americans
By Vishvas Garg

Bitcoin is not here just to replace the malfunctioning monetary policy and its inflationary chaos. Bitcoin is here to change, for the better, any human interaction that involves value, including the patient-data predatory healthcare system. 

After introducing an idea of a new Bitcoin-enabled healthcare system in a previous article, Vishvas Garg now discusses the details of his proposal. By using the example of the private insurance market in the United States, describing the unmet needs in this private insurance market and discussing the idea of a new bitcoin-enabled, patient-centric health plan and a new electronic health-record system where patients own their data, Vishvas describes how Bitcoin can change the healthcare system forever.
Read Full Article

📰 THE DAILY BITS
1. Telsa shows the company sold 75% of its bitcoin holdings, adding $936 million in cash to its balance sheet.

2. The wallet metaphor incorrectly describes the nature of the applications providing Lightning Network services.

3. The U.S. CBDC could be a route to civil liberty erosion — the same liberties that Bitcoin inherently protects.

4. Bitcoin is a first step toward antifragility, but there are many other factors to consider when aiming toward self-sovereignty throughout one’s life.

5. Bitcoin mining incentivizes energy usage that is better for the environment by easing the transition from fossil fuels to wind and solar energy.

6. The Federal Reserve is positioned to raise interest rates for the third month in a row. What effect will this have on the recent bitcoin rally?

7. The European Central Bank’s mishandling of the money printer has endangered the eurozone. Bitcoin offers an alternative that separates money from the state.

8. Bear market rallies look to be playing out for both the S&P 500 Index and bitcoin. How high can the rally go? What do historical rallies look like?

9. Chub Cay, an island in the Bahamas, is actively looking for a Lightning Network wallet provider to launch a bitcoin standard to pioneer financial inclusion.

10. A former Coinbase employee and his brother have been arrested for insider trading at least 25 cryptocurrencies, but another defendant is still at large.

11. It’s time we stop asking for permission. Build a mesh net and make Bitcoin unstoppable.

12. Softchains are a sidechain implementation that interact on a deeper level with consensus mechanisms, which can bring benefits and risks.
🌏 FUNDING DEVELOPERS

Non-Profit ₿trust Is Funding New Bitcoin Developers In Africa
By Shawn Amick

₿trust, a non-profit organization dedicated to furthering the open-source development of bitcoin, is funding development and education of new developers for Bitcoin in Africa.

The organization will locate, educate and pay individuals for their time spent in the program while they learn to build tools for the Bitcoin ecosystem.

The members will receive a mentor and will get support through daily team-based activities, with the aim of building the infrastructure that Africans need. To begin, a large focus will be directed to developments that further custody, as a means to increase the population's sovereignty.
Read Full Article

MEME OF THE DAY 
By Investing

The time of the month has come again where Jerome Powell and his friends make the decision of changing interest rates in an attempt to manipulate our economy. But despite their intentions, we have time and time again suffered from the repercussions of those actions.

It seems crazy that many are basing their investment and lifestyle decisions on the actions of a few people. The only way to strip that power away, is to adopt a money which can't be manipulated — Bitcoin.

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