Hello Humble Bitcoiners!
Bitcoin's hash rate has been on a tear since the beginning of 2022, up 43% YTD 🚀.
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📝 Today's Rundown - 💸 Bitcoin Economy: While as of late American cities have been in decline, their unique dynamics lend themselves to great potential for Bitcoin adoption.
- 🌪️ Uncertain Market: Volatility thrives in market uncertainty and comes out the most in bear markets. It helps to examine the volatility conditions throughout past cycles.
- 🏘️ Bitcoin For Rent: Bitcoin is becoming more popular in its use as a medium of exchange. Some tenants and landlords may prefer to transact exclusively in bitcoin.
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HODLween is a Bitcoin only celebration on October 21 and 22 designed to unite us around the idea of self sovereignty through education, play and community. If you hold bitcoin, are curious about bitcoin, or just want to have some fun — HODLween is for you! HODLween features three main events — The Cattlemen's Feast in collaboration with the Beef Initiative, Speakers and Bitcoin Workshops, and an epic HODLween Costume Party!
You don't need permission to be your own bank and you don't need permission to have fun! |
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Five Reasons Why American Cities Will Be The Engine Of The U.S. Bitcoin Economy
By Frank Nuessle Any country adopting Bitcoin as an official currency will ultimately benefit from the advantages it brings. The U.S., being the current guardian of the world’s reserve currency is definitely the nation that could benefit the most from an early adoption of Bitcoin.
The author of this article discusses how America needs to create a new form of sound money capitalism that values social equity along with human and planetary well-being. The American Bitcoin Economy would best be structured as a network of interconnected city-centered economies, all using Bitcoin and all competing with each other.
Fixing the money also fixes many social issues. With sound money, cities will drive sustainability. A simple, honest system for the exchange of value would do more to enhance the dignity and wellbeing of the common man than any political reform. |
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| As we dive deep into the bear market, volatility is not uncommon. We are living under unprecedented times. Between a pandemic, the war in Ukraine and crazy monetary policy in the U.S. and worldwide, all of this volatility is not surprising.
Unfortunately, bitcoin can feels the impacts too, but lately, its price action has held steady. Despite the major changes in bonds, currencies and global equities, bitcoin has found itself ranging sideways. The price action could be an indication that the speculative mania of the bull market has already been washed out.
In any case, the only uncertainty lies in the price action, but the Bitcoin network remains impervious. |
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1. Bitcoin Amsterdam, the largest Bitcoin only gathering in Europe, is happening in one week — here is everything you need to know about it. 2. The Orange Party Issue Playlist, featured in the latest print edition. 3. The CEO of Marathon Digital Holdings shares updates about the company and their strategy during a bitcoin bear market while hash rate explodes higher. 4. Previously-limited transactions between Russian bitcoin wallets and EU service providers are now completely banned. 5. Drivechain could provide an avenue for continuing development on Bitcoin while not compromising the security created by ossification. 6. Every Bitcoiner should seriously consider the time they spend educating those around them about the technology. |
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Five Advantages Of Using Bitcoin To Pay Rent
By Jenna Hall As time goes by, more and more people and businesses worldwide are starting to allow customers to pay for their products and services with bitcoin. It makes sense, it has many advantages over the traditional monetary system and is a viable alternative to cash and credit for many major retailers.
Whether you’re a landlord or a tenant, there are many advantages to using bitcoin for rent payments: - It is way more flexible. Payments with bitcoin can be fully digital and made on a phone, computer or tablet.
- Renting abroad can be tricky, especially when the landlord and tenant use different currencies. Bitcoin fixes that.
- Most online rent-paying platforms charge a 2.5%-2.9% fee to pay rent with a credit card. Bitcoin fixes that.
- Bitcoin payments are great for tenants who prioritize their financial privacy. Bitcoin, if used correctly, can be private.
- Landlords who are forward-thinking, tech-savvy and want to remain at the front of upcoming trends may want to consider being early adopters and benefitting from the first-mover advantage.
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Bitcoin is an accumulation game. And stacking sats is a great strategy to average out your purchasing price and advocate for its adoption as a savings technology.
Stack harder,
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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