💸 Working For Bitcoin

NFL Defensive End Alex Barrett Is Taking 100% Of His Salary In Bitcoin
By Shawn Amick

Alex Barrett, defensive lineman for the San Francisco 49ers, has officially partnered with Bitwage to receive 100% of his paycheck in bitcoin.

It has been a while since we have seen this type of news which became popular a year ago while the price was surging, but at these prices, it takes more than bravery; it takes conviction.

It may sound crazy and complicated, but the truth is simple. Bitwage allows anyone in the world to get paid in bitcoin without needing to onboard their employer. By linking a bank account to Bitwage, once the money is paid by the employer, Bitwage converts the money to bitcoin, in the amount determined by the user, and sends it to a bitcoin address of the users desire.

“When I came down to Miami, I saw the Bitcoin revolution in-person. I was bullish before, but something shifted in me. “I was completely sold, and getting to meet the Bitwage team was great. They treated me like their number-one priority, even before I was technically their client.” – Alex Barrett

How Bitcoin Should Be Upgraded In The Future
By Shinobi

The deployment of changes to improve the Bitcoin Core protocol is by no means easy. The consensus of the majority of the network participants is required in order to have a safe and non-disruptive upgrade of the protocol.

If consensus is achieved and no disagreement is found among nodes, the chain will experience a soft fork and the agreed upon blockchain will be valid. Conversely, if nodes can’t find compatibility, a hard fork is presented and two different chains begin existing side by side.

The author of this article explains some of the past activation mechanisms proposed and used before getting into how he personally thinks upgrades should be handled going forward. He writes about BIP9, BIP148 and UASF (user activated soft-fork), BIP91, BIP8 and more.

1. Knowing that I control my money is a type of peace of mind that cannot be provided by a fully “stable” monetary good controlled by central bankers.

2. The U.S. dollar accounts for nearly 100% of stablecoin value, and a window of opportunity for policymakers has emerged with the collapse of UST.

3. BitMEX has released a spot exchange allowing the company to offer direct access to bitcoin and other cryptocurrencies instead of only trading derivatives.

4. Denis Manturov, Russian minister of industry and trade, explains that legalizing bitcoin and other cryptocurrencies as payment will happen given time.

5. Bitcoiner Jobs, a new service aiming to bridge the gap between employees who want to find work in the Bitcoin industry and employers at Bitcoin companies.

6. Yield Curves, Inversion, The Eurodollar and Bitcoin: How can bitcoin serve as a safeguard against the impact?

7. Among Block’s initiatives t o further the Bitcoin ecosystem shared in its 2022 Investor Day is the development of an open-source bitcoin mining ASIC chip.

8. As we enter the Bitcoin holiday weekend, it’s a good time to reflect on the incentives that lead us to celebrate Pizza Day.

Bitcoin Is Venice: Soil And Yield
By Allen Farrington And Sacha Meyers

This is an article in a series of adapted excerpts from the book “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers. In this chapter, the concepts of civilization, agriculture, conservationism, capital, soil and erosion are brought into discussion to demonstrate how mankind, since sedentism started, has always struggled with the consequences of farming and soil usage for crops production.

However, even though soil erosion has always been a permanent feature of the struggle to sustain civilization, the last half century has been particularly and specifically worse than the rest of human history. Coincidentally, with the end of the gold standard and the beginning of the fiat system, extreme soil erosion has degraded an area of agricultural land equivalent to the size of China and India combined in just a few decades. Bitcoin could be a useful tool to fix extreme and irresponsable environmental damage.