Hello Humble Bitcoiners!


The Bitcoin network enables one of the most liquid assets in the world.
In the last 12 months, it settled $62 TRILLION USD worth of Bitcoin 🤯
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📝 Today's Rundown
  • 🏘️ Bitcoin For Nigeria: Built With Bitcoin completes clean water project for 1,000 Nigerian villagers.
  • ⚡ Three Scenarios For BTC:  Analyzing Federal Reserve policy decisions in addition to data from the purchasing managers’ index can give us three scenarios for the bitcoin price.
  • ❤️ Currency Of Love: While many people cheered on their stimulus checks, those same people are unaware of the long-term price they’re paying for endlessly increasing monetary units.
Learn More

🏘️ BITCOIN FOR NIGERIA

Built With Bitcoin Completes Clean Water Project For 1,000 Nigerian Villagers
By Shawn Amick

The Built With Bitcoin Foundation has built a water well in Nigeria which will provide villagers with drinking water and quality bitcoin education.

The Igbaruku Community, in the Kogi state of Nigeria, used to have its more than 1,000 inhabitants be forced to walk miles a day to reach what was their only source of clean water close to them.

Fortunately, after this years' Bitcoin Conference, sufficient donations were collected and utilized to improve the quality of life standards of the village. Without the children having to miss school to get their basic needs covered, they can focus on their education instead.

Read Full Article

⚡ THREE SCENARIOS FOR BTC

The Base, Bull And Bear Cases For Bitcoin Returns In 2022
By Darius Dale

In this article, the CEO and founder of 42 Macro, Darius Dale, presents his three projected scenarios for the near future of the Bitcoin price. 42 Macro is an investment research firm that aims to disrupt the financial services industry by democratizing institutional-grade macro-risk management processes.

By studying the distribution of probable outcomes for the macro-economic environment and financial markets, 42 Macro has come to the conclusion that bitcoin, the asset, has three equally probable scenarios for the next three to six months:

  • The Base Case scenario of deflation calls for an expected return of -10% annualized for bitcoin.
  • The Bull Case scenario of deflation plus policy rate decreases calls for an expected return of +29% annualized for bitcoin.
  • The Bear Case deflation plus quantitative tightening calls for an expected return of -37% annualized for bitcoin.
Read Full Article

📰 THE DAILY BITS

1. Understanding how the internet protocol was built using layers can help paint a picture of the Bitcoin network and how it can develop in a similar fashion.

2. A partnership between Crypto.com, tech firm DataMesh and gas chain OTR is enabling customers to use bitcoin as payment in over 400 stores in Australia.

3. Motiv provided its list of programs which help underdeveloped communities transact in bitcoin, learn job skills and build companies.

4. A timeline of events leading to seven days in Norwegian court for BSV Founder Craig Wright and pseudonymous Bitcoiner Hodlonaut.

5. Current accounting guidelines provide virtually no upside for companies with bitcoin on their balance sheet — but this could change.

6. Ethereum’s switch to proof-of-stakeis scheduled for mid-September. What are the possible risks? How does it work compared to Bitcoin’s proof-of-work consensus?

7. Jamie Dimon’s leaked comments with predictions for the global economy and geopolitics paint a bleak picture about the state of the economy at large.
❤️ CURRENCY OF LOVE

Bitcoin Is A Currency Of Love That Inspires Actions For Peace
By Nozomi Hayase

By changing the world's corrupt monetary policy, Bitcoin will also inspire an attitude change in ordinary people through the empowerment of individuals.

To begin with, Bitcoin was born through an act of love. Satoshi worked on a protocol of sound money tirelessly without compensation and without any guarantee of its outcome. Through his labor of love, engaging in his own activities of value, he discovered a gift for humanity.

Bitcoin is hope for those that acknowledge the economic turmoil we have been struggling with for decades. Our society has also been debased along with our money. Every aspect of humanity has been distorted due to our inability to transact energy correctly. The uncertainty and hidden slavery produced by the fiat system has reduced humanity’s ability to love. Fortunately, Bitcoin can fix that.

Read Full Article

MEME OF THE DAY 

By Ropium

Most of us have been through the phase where we want to make crazy short-term returns without worrying about the fundamentals. Just following the "hype" can be dangerous though, and some of us get burnt in the process.

But it is all a journey, which often leads us to learn about the principles of economics and the history of money, letting us realize that this is not about the short-term speculation, but about fixing the corroded monetary system.

With love,
Bam
Today's email was brought to you with ♥ by Bam.
Keep on reading, keep on stacking.
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