Humble Bitcoiners!

Thank you for joining us for yet another glorious Bitcoin Magazine newsletter. Sit down and get ready for your daily dose of Bitcoin signal!
Today's Rundown:
  • The Perfect Option: A sustainable form of insurance if the market continues with this debt spiral would have to be bitcoin.
  • Creating Efficiency: Lightning Network allowing traders to expose themselves to minimal third-party risk.
  • No Longer Transitory: The real reason why Jerome Powell retired the word 'Transitory'.

THE PERFECT OPTION

Bitcoin Is The Perfect Option, And Central Banks Will Have To Buy In
By Greg Foss and Seb Bunney

Bitcoin is not strictly a financial option, however, it resembles one in the sense that it could work as an insurance contract in the event that fiat currencies fail. In other words, it is a bet against a collapsing global financial system, but unlike any other traditional option, it has unchallenged potential without an expiration date and can perform well regardless of the direction interest rates move, while still benefiting from volatility and uncertainty, like any other option.

In this educational and well written article, the authors describe with clarity:
  • How options work
  • Why they have value 
  • Why Bitcoin is the best option for everyone
They compare options to Bitcoin, a new asset class unlike any other seen before. And finally they conclude  why Bitcoin is the best option not only for the average Joe, but for anyone trying to lessen their exposure to a collapsing financial system, and how banks will eventually, and inevitably, have to buy it.
Read Full Article

CREATING EFFICIENCY

The Bitcoin Lightning Network Is Creating Efficiency For Traders
By Marty Bent

Being an open monetary network, Bitcoin quickly adopted in some of the same features happening in the financial markets, such as trading and derivatives. As we all know, bitcoin has an additional property compared to the traditional markets; final settlement.

The Lightning Network comes as an improvement on the transaction speed to Bitcoin's final settlement, and it has shown to create new efficiencies fo the trading world, where the participants could lower their collateral and being able to move in funds only if necessary to avoid liquidation.

"The Lightning Network is enabling traders to hold less and less sats in a third party wallet while still reaping the same benefits of the trading platforms that they would when doing intra-exchange arbitrage via on-chain transactions." - Marty Bent

Read Full Article

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THE DAILY BITS

Click the links:

1. 
An economic system built upon a decentralized time stamp server does more than just solve the double spend, it commodifies time itself.

2. The BoE has become the first major central bank to raise interest rates since the pandemic by hiking its basic rates to 0.25%.

3. The Bank of Russia is reportedly concerned that cryptocurrency investments might risk the country's financial stability.

4. As bitcoin gains traction in becoming the world reserve currency, why are globalists ignoring it? Whatever the reason, Bitcoiners must stay vigilant.

NO LONGER TRANSITORY

The Real Reason Federal Reserve Chair Powell Retired ‘Transitory’
By Ansel Linder

In testimony given in front of the U.S. Congress on November 30, Federal Reserve Chair Jerome Powell suggested that the term “transitory” is no longer accurate to refer to the inflation that is currently ravaging the economy. Such a statement could persuade the general public to believe that Powell admitted they were wrong about the temporary nature of price increase, but in reality, he was trying to clear the message given months back about current inflation rates. 

This is quite important to acknowledge because the FED’s primary monetary tool is “messaging”. Contrary to what most people might think, the Federal Reserve is not in control of interest rates or quantitative easing, but in fact, “long-running global forces” are the ones in charge and the FED only reacts. Being so, a clever use of messaging is what’s left for the FED to meet market expectations. 
Read Full Article

We're back in Miami! Get your tickets today

MEME OF THE DAY

By Susie

A real image of what is going un inside the Federal Reserve's doors.
They've been flooding the market with dollars, while diluting the value of the current holders, the citizens.

Find safety in sats.


    
 
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