Hello Humble Bitcoiners!

The week is starting and Bitcoin knows it — are you ready for your daily dose of Bitcoin signal?
📝 Today's Rundown
  • Solving Energy Problems: Bitcoin mining has the potential to solve energy crises.
  • Unprecedented Stack: Luna has purchased more than 11,700 bitcoin to build a reserve for its stablecoin UST.
  • Tether On Lightning: The first USDT stablecoin transaction on a Lightning channel. Broader use cases for Bitcoin appear.

🛢️ SOLVING ENERGY PROBLEMS

Great American Mining Is Solving Our Global Energy Problems With Bitcoin
By Mike Hobart

Did you know that natural gas is a consistent byproduct of oil production, and usually a monumental waste?

The people at Great American Mining (GAM) recognized this massive environmental issue and decided to do something about it. GAM is a company that monetizes wasted, stranded and undervalued natural gas throughout the oil industry by using it as a power generation source for bitcoin mining. They offer solutions to oil producers for a more efficient and more profitable operation while helping to reduce natural gas waste and flaring.

While mainstream media usually reports misleading information about bitcoin mining and its environmental impact, GAM and other companies like it are quietly proving the opposite.
Read Full Article
💸 UNPRECEDENTED STACK

After Buying $500 Million Of Bitcoin, What Will Luna Do With It?
By Namcios

Earlier this month, Do Kwon, the founder of Terraform Labs, announced that the Luna Foundation Guard (LFG) will begin to start accumulating an unprecedented amount of bitcoin as a reserve asset to back its main stablecoin UST.

“$UST with $10B+ in $BTC reserves will open a new monetary era of the Bitcoin standard,” Kwon tweeted a few days later. “P2P electronic cash that is easier to spend and more attractive to hold #btc.”

Before the weekend, LFG confirmed it has bought over 11,700 bitcoin, worth roughly $520 million, with the aim of purchasing more. This action has both raised concerns and excitement from different segments of the community, but one thing is certain — it's an example of bitcoin as a chosen form of collateral and store of value.

In this thorough article, you will find what Luna's plan is with these purchases and how they believe this could benefit their foundation and stablecoin in times of crisis.
Read Full Article

📰 THE DAILY BITS
1. Leumi will be the first Israeli bank to offer bitcoin and other cryptocurrency trading in partnership with Paxos, pending regulatory approval.

2. This guide walks you through integrating a bitcoin mining rig into your home’s HVAC system, recapturing heat from the process and saving money.

3. A society built on endless war is only possible given the power to print endless money to finance it.

4. News out of Russia indicates the country is open to accepting bitcoin and other hard assets in exchange for oil and other commodity exports.

5. The ethos of living frugally and investing wisely only gets better when applied to a bitcoin standard.

6. There is evidence from Google Trends to suggest that internet searches for Bitcoin price can help predict major market movements to the upside.

7. The model that attempts to predict the price of bitcoin has come under much scrutiny — is the criticism valid?

☕ TETHER ON LIGHTNING

USDT Pilot Brings Tokens To Bitcoin's Lightning Network
By Namcios

Synonym, a Bitcoin company focused on designing models and strategies to facilitate and accelerate hyperbitconization, has managed to send the first USDT stablecoin transaction on the Lightning Network. By doing so, they have demonstrated that Bitcoin and Lightning can be leveraged for cheap and quick issuance and transfer of tokens and credit.

The firm has a bright future ahead with Blocktank that will add Lightning liquidity and a coming release of a mobile wallet and browser extension wallet that will support tokens on Lightning. In addition, they're experimenting with “Slashtags,” a lightweight, scalable and decentralized "web of trust" protocol for self-sovereign experiences on the Bitcoin and Lightning Network.
 
Read Full Article

MEME OF THE DAY 
By Dylan LeClair

The traditional life path is falling apart. People are waking up and realizing that being able to afford the same things as our parent's generation comes with a way higher cost.

Thankfully, bitcoin exists and it is the stairway to prosperity. Bitcoin is the the way forward for freedom in this digital age, the greatest wealth transfer in history is in front of our eyes and we just need to do one thing.

Dive into that rabbit hole.

With love,
Bam

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