Hello Humble Bitcoiners!
Welcome back to your daily dose of Bitcoin signal! |
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| 📝 Today's Rundown Freedom Forum: During the Oslo Freedom Forum, four international human rights activists considered Bitcoin’s role in enabling democracy. Fiat Science: The never-ending projects fantasized about by scientists promise much without actually delivering anything. Mining Goes Brr: Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody. |
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The Oslo Freedom Forum Asks, Is Bitcoin Compatible With Democracy?
By Anita Posch More than a thousand activists, civil leaders, scholars, artists, technologists, business leaders and journalists got together to discuss the fight for liberty and democracy all over the world in this year’s Oslo Freedom Forum, a human rights conference organized by the Human Rights Foundation (HRF) that took place May 23 to May 25.
Some of the panels were fully dedicated to Bitcoin, a tool that can easily be used against dictatorships to bring fair access to an open monetary system in emerging countries. This article discusses relevant stories shared at this year’s conference, such as those of: Farida Nabourema, a Togolese human rights activist and writer who has fought for democracy in Togo since she was a teenager. Jaroslav Likhachevskiy, a tech entrepreneur and co-founder of the Belarus Solidarity Foundation, which has been building a parallel digital state and economy to get rid of the “last dictator in Europe.” Leonid Volkov, a Russian opposition leader who was sentenced to nine years in prison in March and who has used Bitcoin as an alternative to receive donations to support his cause. Nelson Rauda Zablah, a Salvadoran investigative journalist who has been covering the use of Bitcoin in El Salvador for the independent newspaper El Faro. |
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Bitcoin SongSheet: How Science Became A Fiat Hype Machine
By Jimmy Song In this chapter of Bitcoin Songsheet, Jimmy Song, Bitcoin educator, developer, entrepreneur and Bitcoin Magazine contributor, explains why modern “science” has been totally corrupted due to an untrustworthy and manipulated global financial system and has now become just another way to scam the general public with false promises, wrong predictions and hype.
He also writes about the similarities of hyped technologies, false science and altcoins, how banks and credit play a major role for scams to thrive and how that modus operandi has been extremely successful so far. We are currently living in a fiat delusion where science has become a political god, trusted over real experimentation and engineering. But, fortunately...
Bitcoin is here to get us back on track. |
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1. Goldman Sachs is reportedly looking to integrate services with Bitcoin and crypto exchange FTX.
2. Harry Sudock of Griid qualifies Bitcoin as a responsible use of energy and shares his perspective on the benefits of bitcoin mining for rural areas.
3. Bitcoiners on Twitter Spaces share ways they’ve been impacting by gambling with other cryptocurrencies instead of investing and saving only in bitcoin.
4. Changes in bitcoin’s ranking as a global base money is to be expected as the price changes. A major price jump will make bitcoin the world’s largest base money.
5. Now you can take the Bitcoin Layer 2 implementation wherever you go, giving you the ability to transmit sats everywhere!
6. Crusoe, a Denver-based bitcoin mining company, is deploying equipment to capture flared gasses in Muscat, Oman.
6. Bitcoin can serve as an excellent gift for those trying to introduce people to the technology who may not have taken the plunge on their own. |
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Bitfarms Mined 431 BTC In May, Now Holds $192 Million In Bitcoin
By Shawn Amick It is that time of the month where public mining companies share their production numbers with audiences for the purpose of transparency. Bitfarms, a Nasdaq publicly-traded bitcoin mining company, released its production and mining update for the month of May 2022.
In just these 31 days, the company: Mined a total of 431 BTC valued at $16.6 million Deposited 429 bitcoin into custody (99%) And now holds 6,075 BTC valued over $192.5 million. The company maintains a high focus on globally dispersing its hash-rate in locations such as Quebec, Paraguay and Washington State, focusing mainly on sustainable energy production, with long-term power contracts. “During May, daily average production increased to 13.9 bitcoin/day, up 3% from 13.5 BTC/day in April,” – Emiliano Grodzki, CEO of Bitfarms. |
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By Corntango
There's always another trick up the sleeve of altcoins. Just when you think that they were done sinking, a flash of volatility can prove you wrong.
Bitcoin is the only way here. It is not about the short-term gains, but shifting into a more prosperous future with money that can't be debased.
With love,
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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