Hello Humble Bitcoiners!

Get ready for your daily dose of Bitcoin signal!
📝 Today's Rundown
  • Covenants: Bitcoin is a digital bearer asset that gives full private property rights to its users, and development must carefully protect this aspect
  • Canada's Adoption: Canadian politics has transformed from “unimpressive and unambitious” to an exciting new policy direction that includes Bitcoin at the center.
  • Bitcoin And Fitness: Many people are beginning to recognize a relationship between Bitcoin and physical and mental well-being. This is one Bitcoiner’s journey with fitness.

🏦 COVENANTS

Bitcoin SongSheet: Private Property And Covenants
By Jimmy Song

Private property is essential for a society to flourish. Without it, individuals are not motivated to work and produce value for others and for themselves. Public property, something that is not owned by anyone and at the same time is owned by everyone, leads to decivilization and tends to fall into disrepair since nobody feels responsible to take care of it but everyone presumes they have the right to use it as they please. 

The author of this article discusses the concept of property intensely. He mentions how revolutionary Bitcoin is for being the first asset that is truly owned and can’t be expropriated by anyone and how the absolute ownership of value that we have in Bitcoin is unprecedented. He also writes about covenants or programmed restriction and the implication of the proposal of BIP119 for Bitcoin as a potential threat for undermining property rights.
 
Read Full Article
🇨🇦 CANADA'S ADOPTION

Pierre Poilievre Want To Bring Bitcoin Adoption To Canada
By Jessie Willms

“We need to give people the freedom to choose other money. If the government is going to abuse our cash, we should have the right to opt to use other, higher-quality cash,” Pierre Poilievre, the Canadian Conservative Party leadership candidate said during an unprecedented party leadership campaign. He is campaigning to bring Bitcoin adoption to Canadians as a way to give people control and autonomy over their own finances.

This article discusses diverse commentaries from prominent Bitcoiners sharing their point of view about Poilievre’s campaign, his chances of becoming Canada’s Prime Minister and what could happen next for Bitcoin and Canada if that were to happen.
Read Full Article

📰 THE DAILY BITS
1. Over 100,000 Cubans are using bitcoin and other cryptocurrencies to escape harsh conditions created by international sanctions.

2. Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.

3. With a sleepy start to 2022, bitcoin has been outpaced by the classic commodity — but this could change fast.

4. Financial illiteracy is a cardinal issue within societies. By using the Socratic method, we can ask questions that get to the root of the issue.

5. Mode has relaunched an affiliate program allowing users to earn up to 12% cashback in bitcoin on eligible online purchases.

6. A long time ago, in an economic environment far far away the merchant controlled their own financial destiny — so they shall soon again.

7. Decentralized consensus is required to make changes to the Bitcoin code. Clear processes, standards and norms can ease decision-making in the future.

💪🏼 FITNESS & BITCOIN

An Intersection Of Bitcoin And Health
By Mike Hobart

What does the Bitcoin ideology and a healthy lifestyle have in common? Probably a lot more than the average person might think. This is a commentated interview with HumbleWarrior, an anonymous twitter user that embraces the Bitcoin ethos proudly. Her story is an intersection of Bitcoin, low time preference, investing, discipline and many other important concepts.

In this article, the author shares her experiences regarding Bitcoin and the amazing changes it made in her life. She talks about her lifestyle before and after going down the bitcoin rabbit hole, how it affected her personal views on health and fitness, her lifestyle changes and more.

 “All the fundamentals of the Bitcoin network are somehow superimposed upon a lens through which I now experience the world — don’t trust, verify; proof-of-work; time and energy; put in the work and get rewarded.” — HumbleWarrior
Read Full Article

MEME OF THE DAY 
By Bitcoin Gandalf

Mainstream media has framed bitcoin as a "white supremacist" movement numerous times since 2017. Now it seems that they are running out of labels as developing countries with no official currency of their own, decide to adopt Bitcoin as legal tender.

I guess Bitcoiners were right — Bitcoin is for everyone.

With love,
Bam

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