Humble Bitcoiners!
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Today's Rundown: - Why Taproot? Making transactions cheaper, more efficient and more private.
- Enabling Btc: Mastercard launches bitcoin payment cards in Asia.
- Spot ETF: BlockFi files for spot bitcoin ETF.
- Making a Difference: Unprecedented financial access through bitcoin.
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Why You Should Care About Taproot, The Next Major Bitcoin Upgrade
By Namcios We are a few days away from the biggest and most significant technical implementation on the Bitcoin Protocol in four years, some may argue since the beginning of Bitcoin. Articles have been written describing the technological improvements and its importance, but it seems that the fundamental reasons might still be not widely understood, which is why the author explains through this piece two fundamental questions: - What does Taproot achieve?
- Why does it matter?
In short, Taproot brings a new type of address that allows bitcoin expenditure to appear similar regardless of the sender making a simple bitcoin transaction, a multi-signature one, or using the Lightning Network. By making transactions simpler and cheaper, it allows the Lightning Network to unleash its full potential while increasing fungibility.
For users, it comes with a big improvement as it sets the stage for extra functionality on the Bitcoin network, opening doors for smart contracts where users will enjoy the benefits of a new era of unthinkable possibilities possibly making alternative cryptocurrencies redundant. |
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LEARN & EARN FREE BITCOIN |
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Mastercard Launches Bitcoin Payment Cards In Asia Pacific Mastercard, the card payment giant, has partnered with Amber Group, Bitkub, and CoinJar to offer bitcoin-linked payment cards across the Asia Pacific region. This will enable users to pay in any place where Mastercard is accepted, and be able to spend bitcoin without the receiver needing to accept it as a payment option.
The integration of bitcoin with our current protocol is now not only inevitable, but there also exists the pressure of not being the last company to implement such changes. The benefits of an interoperable monetary network are undeniable.
“For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit or prepaid cards that will enable them to instantly convert their cryptocurrencies into traditional fiat currency, which can be spent everywhere Mastercard is accepted around the world” - Mastercard |
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Click the links:
1. Atlas, the bitcoin miner, will leverage Luxor's suite of pool services on its under-construction 100 megawatts farm.
2. The government of Zimbabwe is reportedly considering adopting Bitcoin as a legal payment service.
3. Bitcoin Is Generational Wealth: The creators of this fantastic Bitcoin film discuss the process that went into crafting it.
4. Users can use the Visa card internationally to purchase regular goods with cryptocurrency and receive 2% cashback in BTC.
5. In a world where credentials open doors, the Bitcoin industry prefers instead to judge based on proof of work.
6. An interview with two architects behind Panama's proposed cryptocurrency bill, which would legally define bitcoin for the country.
7. To be considered a free society, one must have the ability to choose the most free form of money. |
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BlockFi Files For Spot Bitcoin ETF Through A Joint Venture With Neuberger Berman By Namcios
Through a partnership with Neuberger Berman, BlockFi filed yesterday with the U.S Security and Exchange Commission (SEC) to offer a spot bitcoin exchange traded fund (bitcoin spot ETF). The BlockFi NB BitcoinETF would trade on NYSE and hold actual bitcoin. This is a differenciation to the current Bitcoin Futures ETF which carry only exposure to the price, making it an IOU.
The introduction of a spot bitcoin ETF would serve institutions who desire to hold exposure to the price, without having to hold their own keys. Oc rouse, this would come at the cost that the bitcoin is actually being controlled by a custodian.
“The trust’s investment objective is for the shares to reflect the performance of bitcoins held by the trust, less the trust’s expenses and other liabilities” - Blockfi's filing |
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BITCOIN MAGAZINE is back in print! |
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The Salvadoran Construction Worker Who Inspired The Bitcoin World
By Pete Rizzo Meet Adrian, a Salvadoran construction worker, who never new his story would echo widely across the Bitcoin world. Adrian's story is one of many happening in El Salvador and throughout the world, where through Bitcoin's monetary properties, hard work and savings, he was empowered financially and emotionally. As he saw his savings appreciate, Adrian was able to afford a dental procedure which he could only have dreamt about, bringing back his smile, to be shared with the community.
The story inspired the creation of "Bitcoin Smiles," an organization raising funds for more such treatments, covering all costs related to critical dental care.
Find more about Adrian and Bitcoin Smiles in the article, but also in Bitcoin Magazine's print issue, where Adrian shares his story. |
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By Unknown Author
Bitcoin is making a difference. In a world where people have been always victim of inflation, the exponential loss of purchasing power, bitcoin offers a way to opt out, bettering the lives of many day by day.
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