Hello Humble Bitcoiners!


Another day and yet another blast of signal straight into your inbox!

It is only the middle of the week, but we are just getting started! 
📝 Today's Rundown
  • Bitcoin Without Fees: The bitcoin financial services provider will remove fees for a customer’s recurring bitcoin purchases beginning a week after the initial purchase.
  • Miners Struggling:  Nearly all publicly-traded bitcoin mining companies have failed to outperform bitcoin year to date as the bear market continues.
  • Hope For Ethiopia: True to their history as an uncolonized people, Ethiopians are more determined than ever to build sovereign value through principled education and civic action.
Learn More

🔥BITCOIN WITHOUT FEES

River Financial Launches Zero-Fee Recurring Bitcoin Purchases
By Shawn Amick

River Financial, a Bitcoin-only technology and financial services company, has launched zero-fee recurring bitcoin purchase orders. In this manner, the company incentivises customers who see bitcoin as a savings technology.

The fintech provider is a strong proponent of DCA, or dollar-cost average. Through constant accumulation over time, the exposure to price volatility is minimized. Meanwhile, it helps the customer to average into a good position over time, and hopefully provides a less stressful experience.

“The best time to start buying bitcoin was when you first heard about it. The second best time is now,” said Alex Leishman, River CEO, per the release.

Read Full Article

⛏️MINERS STRUGGLING

As Bear Market Persists, Public Miners Struggle To Outperform Bitcoin Price
By Zack Voell

Nearly all of the bitcoin mining companies outperformed the bitcoin during the bull market. Today, a different picture is being painted as public bitcoin mining companies suffer strong downturns in comparison to bitcoin and the S&P 500.

Between the five worst performers of the year are:

  • TeraWulf ( -90.9%)
  • BIT Mining (-89.1%)
  • Mawson (-86.6%)
  • Greenidge (82.7%)
  • Stronghold (-81%)
As many of these companies have not only been mining bitcoin, but intentionally accumulating it and holding it on their balance sheet, it is no surprise they've been suffering through a strong correlation.

Despite their bad performance, most of these companies are far from dead, but the question remains if things will get worse before they get better.
Read Full Article

📰 THE DAILY BITS

1. The proposal from England’s Law Commission outlines a new form of property for digital assets, custodial operations and a framework for legal proceedings.

2. We’re at a crossroads between sovereignty and Marxist entropy. Like Bitcoin, "The UnCommunist Manifesto" hopes to guide readers to the former.

3. Lawrence Lepard breaks down how the Federal Reserve has gotten us into a huge economic problem and how Bitcoin is going to be the solution moving forward.

4. Michael Saylor and Aleks Svetski continue their long-form conversation about the implications of Bitcoin and how to spread adoption to everyone.

5. Accelerating Bitcoin adoption, and therefore financial inclusion in Africa means offering Lightning access through lower-tech phones.

6. Even as the bitcoin price struggles, transaction fee data demonstrates that bitcoin miners will weather the storm.

7. Michael Saylor, the current CEO of MicroStrategy will soon become executive chairman to better focus on the company’s Bitcoin strategy.
🌍 HOPE FOR ETHIOPIA

Bitcoin Education Is A Way Out Of Globalist Oppression For Ethiopia
By Kal Kassa

Ethiopia has been struggling over the last century despite the increasing aid, investment and high-risk financing from various institutions. According to the author, the country has experienced being a feudalist monarchy, followed by becoming a Marxist/Leninist State. But there might be a way out and that is through Bitcoin.

Over the last few years, Bitcoin education in the community has been flourishing as people adopt novel technologies such as the Lightning Network and the population walks a path towards financial sovereignty.

Even though there is a long road ahead, the author depicts a bright future. If Ethiopia decided to heavily invest and harness the current and potential energy of hydroelectric power facilities, the country could mine bitcoin, become energy self-sufficient and even get out of debt.

Read Full Article

MEME OF THE DAY 

By Bitcoin Magazine

Everyone wants what is hyped up at the time. But few understand that real opportunity lies where no one is looking.

These are the moments where bitcoin has been forgotten by the media — a great opportunity to build generation wealth.

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