🏦 THE SOLUTION

Turkey Inflation Data Shows Annual 70% CPI Increase, Bitcoin Fixes This
By Shawn Amick

Turkey has just released inflation numbers, compiled by the Turkish Statistical Institute, where they showed inflation running at its highest in last two decades, rising almost 70%. If you have been in the bitcoin community long enough, you might have heard that inflaiton is a vector, and it is true. In the report, the institute displayed the rise in prices for specific products:

Currency Of Last Resort
By Alex Gladstein

Alek Gladstein, Chief Strategy Officer at the Human Rights Foundation, Bitcoin enthusiast and Bitcoin Magazine contributor, has taken the time to do a deep investigation and has delivered an incredible story about the Russian invasion of Ukraine.
In this article, he discusses everything you need to know about the invasion, considering all different angles and perspectives. From an overview of Ukraine's history of Russian oppression since ancient times, to the recent stories of bombings and devastation, Gladstein explains the full chronicle.
He recites the stories of several people living through the conflict personally. He writes about Gleb Naumenko, a Bitcoin Core developer that decided to stay in Ukraine to aid his fellow countrymen, Aleksey, a Crimean Bitcoin educator and Alex Bornyakov, deputy minister of digital transformation that raised more than $110 million worth of cryptocurrency for the country’s defense effort. These individuals stories demonstrate how Bitcoin is Ukraine’s currency of last resort.

📰 THE DAILY BITS

☕ MEXICO GOES LIGHTNING

Tauros, IBEX Mercado Partner for Mexico's First Lightning-Enabled Bitcoin Exchange
By Shawn Amick

Tauros, a bitcoin and cryptocurrencies exchange, has partnered with IBEX Mercado with the goal of bringing the first Lightning-enabled bitcoin exchange to the citizens of Mexico. As countries adopt Bitcoin as legal tender, more functionalities and integrations start to develop over Lightning as it grows in popularity and people realize the potential it has for instantaneous transactions at low fees.
Through this integration, customers of Tauros interacting with a Lightning-enabled point of sale will be able to make purchases directly from their Tauros wallet in their local currency in a similar fashion to Strike. The attempt is to allow businesses to accept transactions and choose whether or not they wish to receive bitcoin or fiat currency, opening the doors to adoption.
"Lightning is leading the most radical financial empowerment in history and will set a new standard for the rest of the networks in the market." — Salvador Melendes, CEO of Tauros

MEME OF THE DAY

GET 4 PRINT MAGAZINES / YEAR