Humble Bitcoiners! It's Tuesday! Get your coffee ready, stack some sats and sit down for your daily dose of Bitcoin signal! The Bitcoin Conference is coming closer and closer: Use code "EMAIL 21" to save 21% |
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Today's Rundown: Monetary Declaration of Independence: The document represents a community effort to separate money from the state. Miner Migration: Russia is benefiting from the Great Chinese Bitcoin Miner Migration. Venture Capitalist: Ten31 launches offering funding for bitcoin companies focused on hyperbitconization. Pay Me In Bitcoin: Legend Aaron Rodgers to take a portion of salary in bitcoin. |
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DECLARATION OF INDEPENDENCE |
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Does The World Need A Declaration Of Monetary Independence? By Mike Hobart About 245 years ago, the world was saturated with authoritarian and aristocratic government rulers. It took a group of courageous individuals, a group of American colonists, to stand up against tyranny, as the rest of the world watched on as they fought for freedom. Today we live in a "free" world thanks to the bravery of this group — the world became a democratic place, but this democracy has slowly but surely been abused, as the state now enjoys excess of liberty with: Unfettered access to our data Power of our time Power of our attention Power over the future.. Ultimate power comes from the possibility to manipulate the monetary issuance, for which many believe bitcoin is the only solution to this problem. By adopting hard money, we have an opportunity to stand, again, for what is right. This time we are not limited to any one nation or geography. Through bitcoin, we all unite together on a peaceful revolution. Join us and sign the Declaration of Monetary Independance |
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LEARN & EARN FREE BITCOIN |
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Why Russia Is Benefiting From The Great Chinese Bitcoin Miner Migration By Jesse Willms In just 6 months since China's 2021 crackdown on bitcoin mining, the global mining landscape shows the new more distributed hash-rate through an analysis from Cambridge University's Center for Alternative Finance: U.S. adoption came first place with 35% of total hash-rate Kazakhstan adoption was second place with 18%. Russia went from 7% to 11% China has gone from 45% to 0% (reported) When it comes to proof-of-work mining, there is probably no better suited place than Russia's Siberia Irkutsk region, where most of the country's mining takes place at the moment. The abundance of hydroelectric power makes it a destination choice, as only 20% of the available energy is currently being used. Some of the benefits from mining in Russia are: The cold climate is ideal. There are large quantities of stranded energy. Russian government has welcomed miners. |
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Click the links: 1. A public education system that wastes taxpayer dollars and disincentivizes independent thought is one of the worst consequences of our fiat base. 2. NYDIG, the institutional Bitcoin services company bought the European Lightning Network payments app for an undisclosed amount. 3. Bitcoin pleb Austin Herbert discusses why he left the world of traditional finance to embrace Bitcoin and the future of money. 4. The bitcoin futures ETF launch is fueling a contango trade that is luring Wall Street in, and retail investors are absent or distracted. 5. Adam Back joins a number of Bitcoin historians to discuss the early cypherpunk days. 6. “Bitcoin is Generational Wealth” is a short film exploring the potential Bitcoin has across generations. 7. The latest trends and indicators suggest that the price of bitcoin is on a journey to $100,000. |
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Ten31 Launches: A New Bitcoin Venture Capitalist Firm By Alex McShane Ten31 is a new organization named after October 31, the day when the Bitcoin Whitepaper was first released out to the public. This new venture fund ethos is to: partner with, invest in, and support exclusively Bitcoin companies whose aim is hyperbitconization. The venture fund is a new kind of VC, which will help facilitate the world transition to a bitcoin monetary system, while donating part of their management fees to fund open source Bitcoin development and grants to contributors in the space. "We believe bitcoin is the tool that will facilitate the freedom of mankind and unlock individual sovereignty and human flourishing.” - Ten31 |
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BITCOIN MAGAZINE is back in print! |
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NFL Legend Aaron Rodgers To Take Portion Of Salary In Bitcoin By Nik Hoffman Aaron Rodgers, Green Bay Packers quarterback legend, announced on twitter that he has partnered with Cash App in order to take a portion of his NFL salary in bitcoin, while at the same time offering some form of a giveaway of $1,000,000 in bitcoin to his fans. It is undisclosed how large a portion of his salary he's chosen to accept in bitcoin, from his estimated annual salary of $33,500,000. With 4.4 million followers, yet another celebrity pushes forward towards hyperbitconization, by normalizing the trend of "pay me in bitcoin," which was initiated by Russel Okung in early 2021 by accepting half of his salary in bitcoin. I guess everyone wants to get paid with the hardest money on earth — some have simply not realized it yet. |
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By PlanB According to PlanB's stock to flow model, Bitcoin price could go north of $98,000 in November, Can we confirm? Not really, but the coloring shows the distance from ATH. Whenever we have a new monthly ATH, throughout history, there has never been only 1, but at least a couple in a row. Keep stacking! |
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