Hello Humble Bitcoiners!
Sit down and get ready for your daily dose of Bitcoin signal! |
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Today's Rundown: - Security: Step by step, how to use a Passport cold storage wallet to secure your bitcoin.
- Not Forced: El Salvador is not really forcing citizens to use bitcoin.
- Abundance: A path towards cheap energy and freedom.
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How To Set Up, Use And Secure Your Bitcoin With The Foundation Passport Wallet. By Echonoalchemist Foundation is a U.S. based company that designs and manufactures Bitcoin-centric tools. Its goal is to make Bitcoin and decentralized technologies accessible to anyone in order to build a new era of sovereignty, ownership and privacy. One of its flagship products is called Passport, a new hardware wallet that is fully open source and designed to only be used in a secure, air-gapped fashion. It includes extra features such as easy passphrase entry, security lights, anti-phishing words and supply chain verification.
A hardware wallet is an excellent way to make sure that you are the only one capable of spending your funds, and it gives you full sovereignty over your money, which in the end, is the main goal of Bitcoin. This article will guide you through every step and functionality for correct use of the hardware wallet, from unboxing to setting up multi-sig security. |
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Despite Criticisms, El Salvador Is Not Forcing Its Citizens To Use Bitcoin By Jaime Garcia While most people in the space praise the decision of El Salvador to make bitcoin legal tender, there are some mainstream media journalists that condemn it. Constructive criticism will always be welcome —however there are some media articles that completely misinform the public by ensuring that El Salvador’s government forces their citizens to use bitcoin as a means of payment. In reality, its efforts aim to educate the people with tools so that they can have another currency option.
El Salvador has three currencies as legal tender: The U.S. dollar, bitcoin and the Salvadoran colón — yet, no one uses the last, nor is it forced. The difference with bitcoin is that the government is trying to implement tools for easy adoption so that the population can have the option to adapt quickly to the future of money, and possibly protect themselves against inflation. |
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1. Flushing Bank customers will be able to buy, sell, and hold bitcoin starting in Q1 2022.
2. Belarus’ regulator says it doesn’t want additional restrictions as the Russian Ministry of Finance calls for bitcoin regulation.
3. 21 + 21 more reasons why you should sell all of your bitcoin now.
4. Bitcoin is trading in green territory while the Nasdaq keeps sliding in anticipation of the FOMC meeting.
5. IMF urges El Salvador to ditch bitcoin as legal tender.
6. Why focusing on aspects of Bitcoin that distinguish it fights altcoin spam better than anything. |
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Abundant Power, Open Trade Enabled By Bitcoin Is Path To Peace By Marty Bent Energy is the base of our modern society. It is because of our ability to extract, transport, and convert energy into electricity and fuel sources, that we can enjoy the quality of life that we do in our modern world. It seems that nowadays bureaucrats around the world are waging a war against fossil fuels and energy consumption, instead of shifting focus towards innovation and the generation of stable and abundant energy.
Luckily for us, Bitcoin enables this generation to happen by incentivizing the exploration and production of cheap and reliable energy. At the same time, it provides humanity with a censorship resistant peer-to-peer distributed cash system that cannot be controlled by any centralized third party. Many are aware and working towards harnessing this opportunity which would likely lead to a more peaceful society. |
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| Greg Foss explains how Bitcoin is an insurance product, and its massive price potential. |
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By Simply Bitcoin
At the end of the day, everyone who hates bitcoin, wishes they had bought some earlier. Everything is easy in retrospect — but it is the few who put the work in, learning and earning skin in the game, who will enjoy the benefits of adopting the soundest money before the rest of the population.
There will only ever be 21 million, and once you have some, you secure a fixed percentage of the entire network, forever.
Stack harder. With love, Bam |
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Today's email was brought to you with ♥ by Bam. Keep on reading, keep on stacking. |
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