Humble Bitcoiners!
Thank you for joining us for this Christmas Eve edition of the Bitcoin Magazine newsletter. Sit down and get ready for your daily dose of Bitcoin signal! |
|
Today's Rundown: - Revolutionizing Media: Podcasting 2.0 on the Lightning Network.
- Vehicle For Change: Preparing for major innovation and unique opportunities.
- Escaping Exchanges: Balances kept on exchanges have fallen 20%.
|
|
|
Media Is Adopting A Bitcoin Standard
By Marty Bent Bitcoin is revolutionizing media and very few people are paying attention. Podcasting 2.0 is a new format that allows a podcaster to attach a bitcoin Lightning address to the RSS feed that syndicates the audio file to all different platforms and apps.
By incorporating the address, users are now able to pay directly per the value obtained through the session, allowing podcasters to monetize their content, while sats are streamed directly to the podcaster and even split in a desired percentage for different members from the team.
Lightning continues to bring innovation to multiple industries by allowing monetization in ways which were unimaginable before, which in turn leads the way towards further adoption. |
|
Bitcoin And The Means To An End: Appreciation Is Simply A Vehicle For Major Change
By Mark Goodwin The fiat system is collapsing — inflation and debt is soaring all around the world, The Federal Reserve is struggling to manage the situation and is against the sword and the wall trying to decide between keeping the money printer on or raising rates. Bitcoiners may think they have already won, and perhaps they have, but the transition might not be calm and there could be a lot of turbulence ahead of us.
A graceful and peaceful systemic flipping from a fiat standard to a Bitcoin standard will require a concentrated effort. Self-custodial users are crucial for that to happen. Keeping bitcoin on centralized entities would bring the same kind of problems we are currently trying to solve. It is important to redirect your energy and resources into good ideas and sustainable projects for a freer future rather than gambling your ticket to the deflationary world on paper order books on a high margin trading platform. |
|
Click the links:
1. Bitcoin Miner TeraWulf buys 15,000 rigs from Bitmain.
2. Mempool will employ the grant given by Blockstream, to further develop features focused on the Liquid Network.
3. The city of Abilene and Taylor County to build $2.4 billion data center and host bitcoin mining.
4. Why is bitcoin the superlative choice of money for aligning the incentives of the world to the greatest benefit?
5. The proposed El Salvador Bitcoin City would receive tax revenue in an interesting way that appears on the surface more digestible to investors.
6. How to teach your grandmother Bitcoin. |
|
During the last days, the metric most spoken about has been the bitcoin balance on exchanges, suggesting its decrease means essentially "bitcoiners are buying the dip" and exercising their financial sovereignty.
After China's latest crackdown and now with Huobi's operations closing down in China, the exchange balance has fallen by 84%. The selling pressure in Asia has been unprecedented — it would be normal to argue that all of these funds could even be migrating towards other exchanges, but the reality is different: - Huobi balance has fallen 84% since march.
- Since March 2020, balances on all exchanges fell about 630,000 BTC, roughly 20% decline.
It seems that the new buyers are retrieving their bitcoin, claiming their sovereignty, decreasing the availability and mitigating the risk for rehypothecation, which all together will likely end up as a supply shock, meaning we might see abrupt appreciation if the trend continues moving forward. |
|
By Bitcoin Magazine
Bitcoin is a deep rabbit hole, combining subjects such as: - Technology
- Philosophy
- Finance
- Economics
- And even Memes..
All of these are needed to understand bitcoin as the only solution to separating money from state, and to pursue prosperity for humanity.
Have a merry Christmas!
And keep stacking. |
|
 | | Received this newsletter from a friend? Sign up to get the best of Bitcoin delivered straight to your inbox. |
|
Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
|
|
|
|
