Hello Humble Bitcoiners!
Monday, a day of humble beginnings and rejuvenation. Let's kick off the week with some Bitcoin signal! |
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| 📝 Today's Rundown The Pursuit of Hyperbitcoinization: Lower your time-preference and get on board with hyperbitcoinization as the Bitcoin Conference goes global. Weathering the Storm: While Putin reaps a whirlwind, ordinary Russians look to bitcoin to try to weather the storm. 142,000 Bitcoin: The Mt. Gox rehabilitation trustee asked creditors to choose between bitcoin, cash or Bitcoin Cash to receive repayment, risking pressuring the market further. |
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The Bitcoin Conference And The Pursuit Of Hyperbitcoinization
By Chris Smith Hyperbitcoinization, according to the Bitcoin Magazine glossary, is the inflection point at which bitcoin becomes the world’s preferred medium of exchange. Achieving it must be the end goal of every Bitcoiner determined to make this world a better place for everyone. The benefits and the freedom that Bitcoin brings must reach every continent, every nation, every language and every creed.
Because of that, The Bitcoin Magazine and the team behind Bitcoin 2022 are going global in the quest for hyperbitcoinization and are preparing a monumental event to uplift the trek of bitcoin to all nations and adoption to all people: Bitcoin Amsterdam 2022. This article explains everything you need to know about the Bitcoin Conference and how, since hyperbitcoinization is a journey that is taking place right now, the conference hopes to be involved in every step of the way. |
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| On 24 February 2022, Russia invaded Ukraine in a major escalation of the Russo-Ukrainian War that began in 2014. Not only are millions of Ukranians suffering from the consequences of the decisions the state, but also, the vast majority of Russian citizens have had to bear the economic decline produced by the financial equivalent of a nuclear button.
Due to Vladimir Putin’s actions, the West has imposed sanctions on a scale never seen before in history against the entire population of a nation.
The author of this article discusses all the stress and struggle that the Russian people have had to experience due to a poorly designed monetary system that allows tyranny and manipulation while displaying how Bitcoin, a decentralized and unbendable monetary policy, is helping Russians bear the ramifications of the war.
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1. Voyager files for Chapter 11 bankruptcy due to their large exposure to Three Arrows Capital as the contagion continues to spread across the market.
2. Bitcoin is financial technology that enables real progress for countries that traditionally suffered at the hands of the fiat system.
3. This model for valuing bitcoin can help us understand its growth potential by using political, economic, social, technology, legal and environmental factors.
4. The Silent Payments proposal could help users make bitcoin transactions more privately, but how does it work and why do we need it?
5. June was the largest outflow month for bitcoin leaving exchanges, bringing the remaining balance across exchanges to about 2.4 million bitcoin.
6. Gloria Zhao gained Bitcoin Core maintainer status on Thursday as Marco Falke merged her PGP key fingerprint as a trusted key onto the codebase.
7. A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class.
8. Signature aggregation could bring massive data-efficiency benefits to the network as well as open up more unique use cases. |
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142,000 Bitcoin Could Be Dumped As Creditors Eye Mt. Gox Repayment
By Namcios It has been eight years now since the mythical Mt. Gox implosion, during which over 700,000 bitcoin were drained from customer's accounts. Since then, approximately 150,000 of those bitcoin have been allegedly recovered and will finally be made available by the trustee for the users to recover some of their losses.
The beneficiaries are given the option to receive their designated amounts of bitcoin back as the bitcoin itself, U.S. dollars or Bitcoin Cash — which leaves one to ponder the idea that the situation could pose selling pressures to an already battered market.
However, it remains to see if this will actually trigger a big effect or not. |
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By Lina Seiche
The market goes up and down in cycles, but every bull market is more prosperous than the previous one, because Bitcoiners have a long-term perspective, and we focus on building the best monetary network that has ever existed.
Stack sats,
Bam |
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Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking. |
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