Hello Humble Bitcoiners!
Sit down and get ready for your daily dose of Bitcoin signal! |
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| Today's Rundown: Growth: Lightning Network and Taproot signal the future of Bitcoin. Tether: Enabling bitcoin business to operate beyond the rails of banking. Legal Tender: Arizona attempts to become bitcoin friendly. |
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How Lightning Network, Taproot, Growth Signal The Future of Bitcoin
By Shawn Amick Casa, a company focused on building tools at the forefront of bitcoin self-custody, recently hosted Keyfest 2022, a virtual festival celebrating the past, present, and future of personal keys.
The brightest minds in the Bitcoin sphere were invited to participate in workshops and share their thoughts about a future where everyone owns their wealth, identity and data. A lot of tools and development surrounding Bitcoin were discussed, such as the Lightning Network, Taproot, B Trust, El Salvador and its Bitcoin Beach wallet, among others. Don’t worry if you missed it — in this article you’ll find all the highlights of the event. |
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Bitcoin, Tether And Poking The Financial Beast
By Shinobi In this very well written piece of text, the author tells the story of Tether, a company established in 2014 with the intention of having all the benefits of the Bitcoin network but without the volatility. Tether has managed to become a useful tool for businesses and individuals so that they can operate beyond the rails of banking — and as a consequence, it has is seen as a problem by certain organizations.
Tether has seen unreasonable regulations not applicable to digital assets, extreme banking pressure, seized accounts and multiple banking relationships gone wrong. Tether has been subjected to all sorts of coercion for years. It’s gotten to the point that, nowadays, Tether, the company and thus the asset, operates with an extreme risk profile and is on the verge of collapsing — not because of fraudulent or shady behavior, but because it has been forced into that corner. |
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1. To mitigate austerity and resolve debt, Puerto Rico should follow in El Salvador’s footsteps and make bitcoin legal tender.
2. Why is it imperative that Bitcoiners explain the benefits of Bitcoin to Donald Trump?
3. Paying employees in bitcoin offers several benefits and there are numerous desirable payment attributes for remote workers. |
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Bill Introduced To Make Bitcoin A Legal Tender In Arizona
By Namcios Senator Wendy Rogers, a Senator from the Republican party, has introduced a bill that would bitcoin a legal tender in the U.S. state of Arizona.
The bill focuses on "Bitcoin," differentiating it from the rest of the cryptocurrencies, — it describes allowing the freedom to transact with and store wealth in an incorruptible form of money — Bitcoin.
If the bill goes through, it would mean: Bitcoin becomes legal tender for the second time after El Salvador' Bitcoin would be exempt from property taxes Bitcoin nodes would be protected from being considered money transmitters. With Texas also pushing forward on this front, the idea of having bitcoin as legal tender in a U.S. state or in another country after El Salvador, doesn't seem so far fetched now. |
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| | | Discussing Bitcoin with Alex McShane, Bitcoiner Q and CJ Wilson. |
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In this episode of Bitcoin Magazine LIVE host Alex McShane is joined by Bitcoiner Q, and they talk with Bitcoiner, Porsche dealer, policy advocate, and former MLB pitcher CJ Wilson. This episode also features a new segment on Bitcoin mining, as well as an episode of The Break Up with Nolan Bauerle.
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By Bitcoin Magazine
Mainstream media has repeatedly called bitcoin dead these past few weeks. Well there are many of us willing to sink with the ship. Bitcoin is freedom, and if bitcoin fails, freedom fails. "HODLers" create the floor when it comes to its price support, and we are only growing in numbers.
Take that, MSM.
Stack harder.
With love,
Bam |
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Keep on reading, keep on stacking. |
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