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Humble Bitcoiners!

It's Wednesday, so get your coffee ready, stack some sats and sit down for your daily dose of Bitcoin signal!

Did you stack today?
Today's Rundown:
  • Real Property: An option that doesn't rely on a local authority to protect it.
  • Store Of Value: Navigating the issue of maintaining monetary energy overtime.
  • The Adoption Trend: Big movers making steps in bitcoin payment solutions.
  • Developing Countries: Square joins largest bitcoin investment in Africa.
Let's do this.

REAL PROPERTY RIGHTS

Bitcoin's Private Property Rights
By Dylan LeClair and Sam Rule

For the first time, bitcoin offers humanity the ultimate expression of private property rights, due the networks decentralized nature. Bitcoin offers us a property option that does not rely on a local authority or legal system to protect it.

In this Deep Dive edition, the authors remark on the current situation happening in Berlin, where a referendum took place with the intent of forcing real estate companies to sell off most of their housing units, turning them into socialized public housing.

Without entering the debate of whether this is "right" or "wrong" given the current cities scenario, humanity should have an alternative property right which can serve as a store of value, without the possibility of being artificially debased, censored or confiscated through violence — bitcoin...

I guess there is truly hope for humanity.
 

If you are interested in this macroeconomic insights get a FREE month trial for the Deep Dive newsletter using the code: STACK.
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LEARN & EARN BITCOIN • 1 DAY LEFT TO ENROLL!

 

STORE OF VALUE

Bitcoin Is The Only Asset To Solve The Store Of Value Problem
By Joao De Oliveira Salazar

An interesting first piece in an incoming series, discussing the flaws of the equity markets. Despite its flaws the equity market has been the defacto store of value, even though it is ill-suited to the role. The thesis describes one of its main flaws being that most of companies values are based on future cashflows and are worth a partial amount of the debt the entity holds, which ends up being a package of risk not often talked about.

Is there a way out of this debt spiral?

The solution proposed is bitcoin as a store of value — as the saying goes "bitcoin fixes this". By removing the agency problem associated with storing value, bitcoin provides the ability of holding the barer asset without having to deal with the risk of value-destructive management is a multi-trillion dollar total addresable market in itself.

"Stop wasting time and buy bitcoin. Your future self will thank you." - Joao De Oliveira Salazar
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THE DAILY BITS
Click the links:

1. Honor is a key part in the societal organization that is required for change in the world.

2. With China banning Bitcoin activity in its borders, Americans have a chance to shape the future — as long as regulators don't stop them.

3. Philippe Bekhazi of XBTO Group discusses building a large, diversified Bitcoin company.

4. Bitcoin Magazine got an exclusive interview to further discuss the country’s recent bill legalizing Bitcoin and what is next for Ukraine.

5. Alibaba, the e-commerce giant, said it would delist bitcoin mining equipment from its platforms after the renewed Chinese ban on Bitcoin.

6. Payments solution giant Verifone announced it will enable consumer bitcoin payments on in-store and eCommerce Cloud Services platform purchases in the United States.

THE ADOPTION TREND

Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions
By Alex McShane

Both social media giant Twitter and independent online publisher Substack have officially integrated Bitcoin tipping and payment services through third-party partnerships with Strike and OpenNode, respectively. These announcements came right after bitcoin was declared legal tender in El Salvador, which can be seen as setting the precedent.

Over the last years:

  • Companies started adopting bitcoin on their balance sheet.
  • A country adopted bitcoin and bitcoin lightning payment solutions.
  • Companies adopted bitcoin and bitcoin lightning payment solutions
  • A country adopted bitcoin on its balance sheet.
The game-theoretic prisoner's dilemma of national adoption has started in geopolitics. Countries will soon understand the risk they take in being the last one to adopt bitcoin's technology, and the incentive will become to at least hold some bitcoin, just in case it caches on. Soon, they'll start to realize that it is the scarcest asset ever created.

"It is only a matter of time before companies realize that every Bitcoin MicroStrategy owns is one they probably never will." - Alex McShane
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DEVELOPING COUNTRIES

Jack Dorsey's Square Joins Largest Bitcoin Investment In Arica
By Namcios

Yellow Card, a Pan-African bitcoin exchange, announced yesterday that it raised $15 million in a Series A funding round led by Valar Ventures, Third Prime and Castle Island Ventures. Jack Dorsey's Square, Coinbase Ventures and Blockchain.com Ventures also participated in helping fund the exchange's operations in 12 countries across the African continent.

The difference between developed countries and developing countries in terms of bitcoin adoption has been substantially palpable. The former adopts bitcoin mostly by "luxury" or an "alternative," while the latter adopts bitcoin incentivized by "need," as it provides a more inclusive financial instrument, one whos value doesn't hyper-inflate due to governmental policies. With these kind of investments, bitcoin adoption will likely be accelerated, providing millions of people with an opportunity to have real property rights for the first time.

"Many African countries adopted mobile phones without ever distributing landlines at scale, and many African countries adopted mobile payments without ever distributing credit and debit cards at scale..We see a similar opportunity for crypto; it can enable Africans to leapfrog an entire generation of financial services technology."- James Fitzgerald, founding partner at Valar Ventures
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SPONSORED BY DEEP DIVE

MEME OF THE DAY
By Mining Memo

The mental gymnastics are real. Bitcoin spends around 0.1% of the total energy spent by the world in providing financial freedom and property rights to billions of people. It is not wasted energy — it is useful and needed for humanity to thrive.

Keep stacking!


    





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