💸 Bitcoin Amsterdam

A Bitcoiner’s Guide To Bitcoin Amsterdam
By Chris Smith

Bitcoin is making history in Europe.

In collaboration with Amsterdam Decentralized and Westergas, the team behind Bitcoin Magazine and Bitcoin 2022 are going global with our mission of hyperbitcoinization.

Bitcoin Amsterdam will take place from October 12-14, 2022, and will gather some of the most brilliant Bitcoin experts, innovators and thinkers from across Europe and beyond, for three days of learning, teaching and discussion around the Bitcoin community. Bitcoin Amsterdam brings the European Bitcoin community to the global stage and will also be a great opportunity to learn, engage and party with other bitcoiners.

The author of this article explains everything you need to know about this wonderful event.

While Others Go Free, Ross Ulbricht Faces Excessive Prison Time
By Peter McCormack

Ross William Ulbricht is an American inmate serving life imprisonment for creating and operating the infamous and anonymous dark-net market website Silk Road, one of the first Bitcoin marketplaces — but also an e-commerce site that facilitated the sale of narcotics and other illegal products.

Although the investigation and the resulting sentencing is subjective, the U.S. government wants him to die in prison. Most likely this is not for the sake of justice, but to prove a point and use him as an example. He was handed an excessive double life sentence plus 40 years, without the possibility of parole.

Ulbricht is a young, well-educated, articulate man who has outstanding entrepreneurial skills and who harnessed the capacity of various technical innovations to bring something new to the world. He should not die in prison, especially when many powerful criminals live free.

1. Savings account interest rates are not reflecting the changes in interest rates. Bitcoin is a hassle-free way to save and take custody of your assets.

2. A group of business leaders along with the South Carolina State Treasurer traveled to El Salvador to learn about the country’s adoption of bitcoin.

3. A renewable energy mix of solar, wind and hydropower will improve bitcoin mining profitability while helping efforts to combat climate change.

4. A proof of concept on a farm in Ireland demonstrates how bitcoin mining can create value from methane and carbon dioxide waste.

5. Luxor launches Hashprice OTC Derivative, the company will track hashrate values through its own index and will pay out in USD or BTC, enabling non-physical access to the bitcoin mining industry.

6. The structure of familial support has been replaced with the encouragement of rent seeking and reliance on government.

7. Bitcoin’s greatest attribute is resistance to the chaos created by central banks’ manufactured crises.

Five Examples Of Bitcoin's Real-World Utility
By Trent Dudenhoeffer

Developed countries have had a harder time digesting bitcoin's value proposition as people often want to see its utility in some alternative method, failing to understand that bitcoin is simply money. Being a monetary asset implies that it has specific properties such as store of value, divisibility, availability, etc. But what does bitcoin have that other fiat currencies and gold doesn't and can now be appreciated by both developed and developing countries?

Censorship-Resistant Money: Meaning, governments can't "turn off" your money, as it has happened in protests.

Extreme Mobility: With just a seed phrase, you can take your money anywhere, allowing you to move easily to friendlier jurisdictions.

Helps Energy Grid: Instead of consuming all the world's energy, it becomes an incentive to over-produce affordable renewable energy.

24/7: In bitcoin, there are no holidays or weekends.

Internet Native: Bitcoin is internet native, and with second layers, such as the Lightning Network, it allows freedom of transactions and novel value-for-value business models.