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Fear not! Bitcoin Magazine is here to start your day with bullish vibes and great progress. Sit down and get ready for your daily dose of Bitcoin signal! |
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| Today's Rundown: CEO into Bitcoin: Tim Cook said he personally owns bitcoin. Regulatory Clarity: Will India lighten up its regulatory stand for bitcoin? Not Your Keys, Not Your Coins: 1.6 million people on waitlist to retrieve bitcoin from Robinhood. MX: U. |
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Apple CEO Tim Cook Says He Owns Bitcoin
By Namcios Tim Cook, Apple's CEO, said in an interview with CNBC that he personally owns bitcoin. He mentioned he has had a personal interest in bitcoin, but he wouldnt invest his company's treasury into it, at least not yet. It is worth mentioning that Steve Wozniak, Apple's cofounder, previously referred to bitcoin as "mathematical purity," reiterating its immaculate conception and uniqueness.
Tim Cook's news came striking to the bitcoin community and mainstream media, as yet another CEO of a big company has announced his interest in bitcoin. Some of the known tech CEOs who have done the same are: Elon Musk Jack Dorsey Michael Saylor Who will be the next one?
“I do. I think it’s reasonable to own it as part of a diversified portfolio.. I’m not giving anyone investment advice by the way.” - Tim Cook, Apple's CEO |
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LEARN & EARN FREE BITCOIN |
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Will India Create Regulatory Clarity For Bitcoin?By Sunil Tej In the past few months, there have been noticeable challenges from regulators in regards to bitcoin in India, making it hard for exchange services to comfortably operate without fear of being arrested or shut down. In the past, we have had the incidents of Unocoin's founder arrested for installing a Bitcoin ATM and WazirX exchange having received a show-cause notice from The Enforcement Directorate.
But progress has come recently, and banks are no longer required to caution customers dealing with bitcoin and other cryptocurrencies. While the regulators are taking their time in formulating the rules around bitcoin, the author mentions that it is important to take note that it is not technically, socially, or politically feasible to ban bitcoin in India, and now more than before, it is starting to be clear that such an action could mean losing trillions in expected future GDP of the country.
A country of over a billion people has much to gain from legalizing Bitcoin. Hopefully India learns from China's example of banning mining which led to an escape of hashrate and entrepreneurs from the country, only to find bases in friendlier jurisdictions providing wealth and development to local economies of different countries.
Everyone is incentivized to adopt bitcoin, and soon India may realize this. |
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Click the links:
1. The ‘world’s local bitcoin company’ has revamped its brand design, added new features and penetrated the Brazilian market.
2. Reserve risk is a ratio between the current price of bitcoin and the conviction of long-term holders.
3. Mayor Jayson Stewart discusses his mission of giving bitcoin to all residents of his town.
4. The crush of increasing prices continues to grow, and there appears to be only one relief — bitcoin. |
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NOT YOUR KEYS, NOT YOUR COINS |
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Robinhood's Bitcoin Withdrawal Feature Has 1.6 Million People On Waitlist By Namcios
Robinhood, the trading platform, announced in September that they intend to enable bitcoin withdrawals, for which it has now 1.6 million people on its waiting list, expecting to claim their keys and to become their own self sovereign bank.
It is not clear when this new feature will be enabled, but it is important to remark, that this shouldn't be a "new coming feature" — instead it should be expected as a default for any bitcoin service provider from the beginning. When it comes to your money, it's not the intentions that matter, but actions.
Claiming your own keys is a process that every bitcoin should learn and go through, and obviously the earlier the better. |
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BITCOIN MAGAZINE is back in print! |
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By Bitstein
A recompilation of events, from 2020. The signal has been strong since then. Signs of bitcoins path of its current appreciation trend, in retrospect, seem obvious.
From the infinite money printer, to the first company buying bitcoin for its treasury. It is hard to look back and guess how the price would not have risen the way it has, but in the present moment, there is always small when buying bitcoin: "What if I can get it cheaper, or the bear market begins?"
The answer is simple: this is a long-term play and they aren't making more than 21 million bitcoin, so we better:
"Stack sats, or some one else will" - Bitstein |
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