🏔️ Bitcoin Or Nothing

Going Down With The Ship: Bitcoin Or Nothing
By Aleksandar Svetski

Who said that overthrowing the corrupt, tyrannical and enslaving global financial system was going to be easy?

The Bitcoin movement is a fight against the system, against tyranny and financial oppression, against a world where real ownership is impossible, where all financial activity is traceable and money is as valuable as paper. The Bitcoin movement does not need traders, institutional investment and much less governmental acceptance — the Bitcoin movement requires warriors that acknowledge that a world without Bitcoin is a world not worth living in.

This article is a poetic masterpiece for those worried about the BTC-USD pair. It is a reminder that you should not be buying Bitcoin to have more dollars, but to have less of those worthless pieces of paper.

Michael Saylor List 10 Things For Bitcoin To Become A Stronger Asset
By Shawn Amick

Many Bitcoiners think and claim that bitcoin is in an "inevitable" stage. After this recent price plunge to below 2017's high, it is important to realize that it may not be as impervious as many may think, and it is susceptible to attack vectors. But bitcoin is clearly becoming stronger and more resilient as each block gets confirmed.

In an interview, Michael Saylor, CEO of MicroStrategy, enlisted 10 things that if changed, would definitely make bitcoin a stronger asset:

Absence of a no wash-trading rule.

Lack of regulation on crypto exchanges offering 20x leverage.

19,000 cryptocurrencies being associated with bitcoin.

Fear of the asset class.

Absence of a spot exchange-traded fund (ETF).

1. A group of Bitcoiners traveled to the Central African Republic to meet with the country’s president and discuss pathways for bitcoin adoption.

2. Bitcoin can make a significant difference for a business’s market appeal and revenue stream. Accept bitcoin and grow your company like never before.

3. BOLT 12 and LNURL seem to accomplish the same things for users of the Lightning Network. But what are the technical differences?

4. Today’s virtue signaling is a symptom of the morals imposed by money-printing elites. Bitcoin’s sound money system would put an end to it.

5. The Frogs > Fiat art gallery for bitcoin NFTs opens tomorrow in lower Manhattan, NY and will have many prominent artists and collectors in attendance.

6. ProShares will release a new ETF allowing investors to short bitcoin during harsh market conditions enabling institutions to legally bet against the asset.

7. A lively conversation and response to Jameson Lopp’s recent article that researches the answer to the question, “Has Bitcoin Ever Hard Forked?”

8. Many cryptocurrency lending schemes are eerily similar to banks’ abilities to loan out money and create debt through fractional reserve banking.

Bitcoin Mining Could Be The Answer To Nigeria’s Inflationary Crisis
By Heritage Falodun

Nigeria has the largest economy in Africa. However, it also has many challenges that have contributed to its dwindling growth over the years and one of the most severe challenges is inflation. The situation is so drastic that it has been eating deep into the Nigerian economy, driving the cost of food up by nearly 26% over the last year.

The author of this article shares his analysis around the benefits that the Bitcoin mining industry could bring to a country with economic meltdown and environmental degradation like Nigeria. Bitcoin could not only bring economic stability to Nigerians due to its sound money properties, but also revolutionize the energy sector by incentivizing innovation and expansion on renewable energy technologies. Some of the topics this article covers are:

Overview of Nigeria’s economy.

Nigeria’s carbon emission problem.

Advantages of renewable energy sources in Nigeria.

How bitcoin mining powered by renewable energy is the future of Nigeria.