Hello Humble Bitcoiners!
Happy Monday! I hope you all enjoyed your Bitcoin Pizza Day! |
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| 📝 Today's Rundown Pizza Trivia: The Bitcoin Pizza Day story is one of the technology’s most historic tales, but even if you know the Bitcoin pizza price, these facts might surprise you. Ossification: “If it ain’t broke, don’t fix it,” is a classic phrase often repeated, and it naturally applies itself to money that protects our wealth. 44 Countries: El Salvador hosted a financial inclusion event last week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach. |
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7 Surprising Facts About Bitcoin Pizza Day
By Pete Rizzo The year was 2010. Laszlo Hanyecz, an early Bitcoin enthusiast, developer and miner, posted on an internet forum that he was willing to pay 10,000 bitcoin in exchange for a couple of pizzas and, a few days later, Jeremy “Jercos” Sturdivant agreed to the terms and two Papa John’s pies arrived at Hanyecz’s house shortly thereafter, marking the first ever transaction of bitcoin made to buy a real-world good.
Bitcoin Pizza Day is a peculiar holiday celebrated worldwide by many Bitcoin enthusiasts, but there are some interesting facts which could bring more context to what happened 12 years ago. Pete Rizzo gives seven surprising facts about the event itself and the holiday history, such as estimated value of 10,000 bitcoin at the time time it took for someone to accept the deal terms of the transaction outcome of the transacted bitcoin other Bitcoin holidays |
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Why Bitcoin’s Ossification Will Eventually Be Necessary
By Shinobi For the Bitcoin protocol to change, it is a requirement that a supermajority of the network participants agree to enact the change. This feature is what makes Bitcoin the most secure monetary network in history, because it is immune to anyone’s impulsive manipulations and it remains independent of any kind of political or financial power.
The article describes the significance of this characteristic in the Bitcoin protocol, not without first mentioning the importance of upgrading Bitcoin as necessary now in order to make the system as scalable as possible without damaging or destroying the fundamental properties that make it valuable in the first place. However, If Bitcoin is to succeed, it must eventually ossify so that any change becomes practically impossible, as the incentives to protect the world's wealth will be too great. |
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1. Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it.
2. The macro picture in Europe looks bearish and as the Federal Reserve signals a continued hawkish stance, bitcoin provides a hopeful path forward.
3. Content creators and marketers in the Bitcoin space have a responsibility to help users adhere to the “don’t trust, verify” ethos.
4. In a recent AMA on Reddit, Bill Gates explained he does not invest in bitcoin or other cryptocurrencies because they do not add to society.
5. On examination, fiat and shitcoins share the same trick of getting people to give up real value for promises.
6. The bitcoin derivatives landscape plays a major role in the bitcoin price in the short term. We have yet to see signs of a bitcoin macro bottom.
7. Bitcoin battles nihilism and fiat psychology by allowing you to take control of your attention, and directing it toward the betterment of your person.
8. In order to develop into a protocol usable by the entire world, certain scaling improvements for Lightning need to be considered.
9. Bitcoin serves as a defense for financial freedom for members in the military as they serve to defend others and provides economic opportunity.
10. Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks'' omits bitcoin and everything else on the list has performed poorly.
BITCOIN PIZZA DAY ARTICLES
1. How Pizza Day relates to bitcoin mining.
2. Bitcoin Pizza Day, a day of celebration.
3. Bitcoin Pizza Day: P2P digital cash actualized 12 years ago.
4. Celebrating Pizza Day in Knoxville bitcoin meetup. |
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How El Salvador Introduced 44 Countries To Bitcoin This Week
By Shawn Amick On May 15, President of El Salvador Nayib Bukele announced that 32 central bankers and 12 financial authorities from 44 countries would meet in his country for an event about financial inclusion and banking the underbanked through Bitcoin's digital economy.
The participation was an active one, as the assisting members had a chance to visit the famous Bitcoin Beach and where they learned about the Bitcoin ecosystem through experience, using their own bitcoin wallets to purchase different products such as pupusas, coffee and more.
From the vendor experience, there was such cheerfulness to be involved, as they were playing a part in a monumental event. |
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By Lina Seiche
Take a mental note of the differences between G7 and G20 finance meetings and the ones of developing countries. The developing country's' seems much more inclusive to me, as it involves the community around it, while the other happen behind closed doors.
Which one you are rooting for?
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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