Hello Humble Bitcoiners! 

The collapse of FTX has been brutal, but these times do lead people to understand the benefits of Bitcoin Maximalism. 

Get your bitcoin off exchanges!
📝 Today's Rundown
  • 🍊About Maximalism: Though some people are denouncing Bitcoin Maximalism, the ethics of Bitcoin are stronger than ever and the number of Bitcoiners is only growing.
  • ⚡ BIP Bounties: Bitcoin’s protocol is slow to change by design, but incentivizing the BIP feedback process with bounties could improve development.
  • 🔐 Back Up Your Bitcoin: Protecting your Bitcoin seed phrase is a critical security feature, and the Hodlr One Titanium backup offers some serious features.
Moon Mortgage is a first-of-its-kind bitcoin-backed mortgage provider.
We make it possible to leverage your bitcoin to invest in real estate without having to sell it, lose your upside or deal with taxable events.

We partner with Anchorage Digital to ensure your Bitcoin is secured through their industry-leading custodial solutions.

Now you can have your cake and eat it too.
Learn More
🍊About Maximalism

Bitcoin Is Here To Stay And Bitcoiners Aren’t Going Anywhere
By Guy Swann

Today we are going to talk about the “toxicity” within Bitcoin Maximalism.

To begin with, we didn’t even choose the phrase Bitcoin Maximalism. Bitcoin Maximalism was first used by Vitalik Buterin while trying to normalize pre-mining and ICOs, obvious functions of scams. 

However, it doesn’t really matter what you call us — Bitcoin Maximalism is about the principles, the ideology and the ethos of cypherpunks who created Bitcoin.

The reason Bitcoin Maximalists have adopted a culture of pushing back and making people uncomfortable is because that mission is more important than people’s feelings. We don’t care if we miss out on a pump and dump opportunity, we don’t care about your “eco-friendly” pre-mined ICO and we don’t care about your million-dollar JPG of a monkey. We care about those suffering from financial oppression, inflation and the never-ending consequences of the horrible political monopoly over money. We care about humankind and our future.
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⚡ BIP Bounties

How BIP Bounties Will Supercharge The Bitcoin Network
By Ariel Deschaapell

As the name implies, a Bitcoin Improvement Proposal (BIP) is a design document for introducing features to the Bitcoin protocol. BIPs have become the standard way for developers to formally communicate ideas about potential Bitcoin improvements.

Changes or upgrades to the Bitcoin protocol are not easy to materialize. They require consensus on the world's most distributed and decentralized network, something that is not easy to achieve. But this is a feature, not a bug. Sound money has to be unchangeable, no matter the whims of any single person. 

BIP bounties are an attempt at driving Bitcoin development. BIPBounty.org collects donations to fund standardized bounties earmarked for specific BIPs. By supporting BIPBounty.org, we can sustainably accelerate research, development deliverables and discourse across BIPs.
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📰 The Daily Bits
1. The young people of Nigeria are ready to harness the opportunity that Bitcoin represents to lead their country.

2. Bitcoin educators will become targets of government oppression as they seek to keep the masses on the fiat plantation.

3. Lightning enables live, updated crowdfunding in a decentralized manner that limits the impact of third parties involved.

4. Pete Rizzo and Dan Held discuss the release of the Bitcoin white paper and how the cypherpunk community responded to Satoshi Nakamoto’s idea.

5. Politics in today’s world no longer has anything political about it, and how Bitcoin revives The Political.

6. US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.

7. Perth Heat players can now get bitcoin ‘boosts’ through a new Lightning-powered fan engagement feature launched in partnership with IBEX.
Learn More

🔐 Back Up Your Bitcoin

How To Back Up Your Bitcoin In Case Of Emergency With The Hodlr One Titanium
By Economalchemist

We can’t stress enough the importance of self-custodying your Bitcoin!

The Hodlr One Titanium is a self-custodial physical cold storage backup tool made of 100% aerospace grade Titanium. Your 24 words recovery phrase could not be more secure. The Hodlr One Titanium backup can withstand temperatures as high as 1,668°C, roughly 250° higher than stainless steel and nearly double the average temperature of a house fire.

It is made to keep your seed safe from hacks, destruction, loss and theft and it is compatible with any BIP39 / SLIP39 hardware or software wallet. Thanks to the industry standard numerical seed words conversion system, converting and engraving your seed into the metal is very easy and straightforward. 

This article explains everything you need to know about this revolutionary Bitcoin tool.
Read Full Article

MEME OF THE DAY 

By Uwe

Bitcoin changes people. Bitcoiners learn to detach themselves from the materialistic world to accumulate the scarcest asset that has ever existed.

Live frugal and stack harder,
Bam

The #FREEROSS Collection — Fine art prints of select paintings by Ross Ulbricht.

Available for purchase online and the Bitcoin Magazine Art Gallery. 100% of profits donated to @Free_Ross.
Click here to go to the Bitcoin Magazine Store.
Today's email was brought to you with ♄ by Bam.
Keep on reading, keep on stacking.
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