Hello Humble Bitcoiners!

We hope you enjoyed your weekend. While banks were closed, Bitcoin continued to serve as a global network, ceaselessly facilitating permissionless transactions.
📝 Today's Rundown
  •  💸 Uncontrollable Money: The humanitarian work being done by Agua x Vida is another example of the power of permissionless money.
  • 🎨 Power Of Philanthropy: Bitcoin unlocks incredible benefits for organizations which seek to create positive social change in the world.
  • 🤡 Bitcoin 'Failed': Why the nearly-14-year-old cryptocurrency has lost its luster …  according to the “experts.” There are better options in 2022.
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💸 Uncontrollable Money

In A World Of Capital Controls, Bitcoin Reigns Supreme
By Craig Deutsch

Some time in the future, we will look back at our monetary history and realize how ridiculous our current policy is, and wonder, "How did we end up using a completely made up and corrupted system?"
Read Full Article

🎨 Power Of Philanthropy

Using Bitcoin To Power Philanthropy
By Renata Rodrigues

For philanthropies, bitcoin adds in a layer of accountability that fiat donations are unable to replicate. For nonprofits, this makes tracking donations easier and gives people unprecedented visibility on how their donations are used. Using bitcoin for philanthropy brings in other benefits. Sending money using Bitcoin involves minimal costs and is much more efficient than the majority of traditional services. 

In this two-part series on bitcoin and social good, Renata Rodrigues highlights how nonprofits are using bitcoin to impact communities around the world. 
Read Full Article

📰 The Daily Bits
1. Had the publication accepted Lightning micropayments, the New York Times could have realized extensive returns.

2. The first conference organized by BTC Inc. in the Dutch capital is the most popular Bitcoin-only event in Europe.

3. Bitcoin enables a treasure hunt for the inherent skills that make each person unique.

4. The free banking era is the closest example of how banking might look on a bitcoin standard, but will credit and fractional reserves be part of that system?

5. When visiting emerging markets, it’s easy to observe bitcoin being used by locals. Sometimes it takes getting outside our comfort zone to shed our biases.

6. There are various initiatives designed to empower Africans to educate themselves on Bitcoin and exercise their own financial sovereignty.

7. Everyone is waiting for the next big breakout or breakdown before allocating again. Compressed historical volatility tells us that it’s right around the corner.
Want the same hat as Kanye?

🤡 Bitcoin 'Failed'

Bitcoin Has Failed; The 2022 Edition
By Aleksandar Svetski

Bitcoiners just don’t get it. They’re a brainwashed cult full of fascist conspiracy theorists and extremists who are too busy being toxic assholes instead of coming to terms with reality. They are unable to realize that Bitcoin has failed them and died… Again!

Bitcoin has died more than 400 times in just 14 years. When are Bitcoiners going to realize that Bitcoin will keep dying until the end of time? Statistics don’t lie! But maybe this time is different, maybe this is the last time it dies — maybe this time it stays dead because:

  • Bitcoin is old technology.
  • Central banks are raising rates, which means they’ll never again print money.
  • The great leaders at the World Economic Forum have all our best interests at heart.
  • Bitcoin does not have a development budget. Who is going to upgrade it to proof-of-stake?


This article is a satiric masterpiece that discusses some of the ridiculous criticisms that Bitcoin skeptics and shitcoiners tend to preach. 
Read Full Article

MEME OF THE DAY 

By Simply Bitcoin

Lightning allows bitcoin to be sent instantly. Although it is still considered experimental, there are already countries and communities pushing hard for its adoption.

Stack harder,
Bam
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