Hello Humble Bitcoiners!


The week is starting and Easter has passed — but are you ready for your daily dose of Bitcoin signal?
📝 Today's Rundown
  • For Freedom: Modern society must make the decision to succumb to centralized digital money, or rally around the freedom and sovereignty of bitcoin.
  • A Relief Partnership: Bitcoin Magazine partnered with two NBA stars to drive humanitarian relief efforts for those affected by the Ukrainian conflict with a new “Shoe-R” code.
  • El Salvador Story: From Bitcoin Beach to the ongoing challenges in establishing government-led adoption.

🌏 FOR FREEDOM

Slave Coin Or Freedom Coin: Which Way Western Man?
By Aleksandar Svetski

Have you ever heard the phrase “Bitcoin, not crypto”? This article is a great piece to understand the Bitcoin maximalist ideology and why most of the other cryptocurrencies are more akin to tickets to the slaughterhouse than lottery tickets. The author of this article also writes about how mankind has to soon make the decision to succumb to centralized digital money or rally around the freedom and sovereignty of bitcoin.

This article exposes many of the ideas and reasons why Bitcoin matters and why it might be the best discovery yet by humankind. Bitcoin is the removal of “rulers'' and “issuers” of money, the removal of monetary inflation, the de-monopolization of money, the placement of money into the realm of physical and natural laws, the fusion of energy (universal “physical” currency) and money (in the metaphysical sense) and a lot more.

Read Full Article
😌 A RELIEF

Bitcoin Magazine Partners With NBA Stars For Ukranian Relief
By Shawn Amick

Two Ukranian NBA stars, Svi Mykhailiuk of the Toronto Raptors and Alex Len from the Sacramento Kings, have partnered with Bitcoin Magazine to help support humanitarian relief efforts in Ukraine by enabling anyone to donate bitcoin by simply scanning a QR code on the front of the player's shoe.

Both of the NBA players understand Bitcoin's value proposition and are in fact Bitcoiners themselves. Knowing that this is a freedom technology, they decided to unite forces and showcase one of the true powers of bitcoin; sending money across borders with minimal cost and in a censorship resistant way.

"We’re Bitcoiners ourselves, so we know Bitcoin is the most effective way of sending money instantly to those that need it.” – Mykhailiuk and Len

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📰 THE DAILY BITS

1. Developers behind leading Lighting Network firms LND, CLN and LDK described how they’re pushing Layer 2 forward at Bitcoin 2022.

2. Automation platforms help companies step up their marketing, but also come with risks. Companies can protect their clients’ data with help from this guide.

3. Realized market capitalization of bitcoin is one of the best ways to quantify the monetization process and the metric is showing re-accumulation.

4. FediMint could provide the Bitcoin stack with an open source, distributed, censorship resistant custody layer for less technical Bitcoin users.

5. Bitcoin strengthens the grid due to the incentivization of energy production. It supports the people who need electricity and miners as buyers of last resort.

6. Using a credit card to pay for purchases has negative implications for businesses and consumers. Bitcoin provides a better, alternative payment method

☕ THE STORY

El Salvador: One Small Step For Bitcoin
By Aaron Van Wirdum

El Salvador: One small step for Bitcoin, one giant step for mankind. The small Central American country managed to be the first one, and surely not the last one, to recognize the benefits of using a decentralized and scarce monetary system and made Bitcoin legal tender. But the tale of Bitcoin and El Salvador is not that simple — it is full of ups and downs and has many lessons that can give us insight into how hyperbitcoinization could happen. 

From a presentation made by Jack Mallers at Bitcoin 2021 where, in short a recording Nayib Bukele, El Salvador’s president, announced that he will propose a bill to make bitcoin legal tender in El Salvador, to today, the author of this article discusses the history of El Salvador and Bitcoin. He writes about the pushback, the growth, the potential and more.

Read Full Article

MEME OF THE DAY 

By Rope

No one loves selling their bitcoin, not if the intention is to "take profit off the table" or to "buy lower." Bitcoin is a savings and freedom technology, and we should strive together to accumulate more for ourselves. As we give value to it by holding, we are also validating the accumulation effort of every other member of the network.

With love,
Bam

📗 BITCOIN MAGAZINE PRINT

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