Giving Thanks For Bitcoin
Grayscale’s bitcoin holdings dwarf the next-largest institutional HODLers, reaching over 633,000 bitcoin!

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📝 Today's Rundown
  • 🩃 Thank You Bitcoin: There is a lot to be thankful for this holiday season.
  • 📜Slow And Steady: Aristophanes wants people who think resisting the regime is "moving too slowly" to realize how much has changed in the last twenty-five years thanks to the internet.
  • 🍊 Bitcoin, Not Crypto: Michael Saylor’s recent dysfunctional relationship comment perfectly summarizes the disconnect between bitcoin and crypto.
Learn More!
 🩃 Thank You Bitcoin

Giving Thanks For Bitcoin And Bitcoiners
By Mickey Koss

Bitcoiners have a lot to be thankful for this season, despite recent developments in the industry. We have a decentralized, immutable currency that can be transacted instantly all the way across the globe. 

Beyond that, we have the wonderful educators within the space highlighting best practices that keep Bitcoiners' coins safe. 

While it might not be the best time to try and convince your family to adopt bitcoin, it's still a great season to reflect on everything that Bitcoin is going to change in the world. 

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📜Slow & Steady

The Chaffening
By Aristophanes

Chaff is the leftovers of the wheat stalk when the edible grain has been removed. It is very flammable and it is quite common in agricultural practices to burn it after the winnowing process was complete. The burning process of chaff is so impressive that even the Hebrew used it as a metaphor for God’s judgment.

In today's age. Information is spreading like chaff on fire. It is unstoppable. Accessing information has become so easy that it has sped up the self-education of the general public to a point where it is becoming a problem for the ruling class. 

The newest generations are questioning the government and the status quo more than any other time in history. And this is a good thing. 

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📰 The Daily Bits

1. Bitcoiners have helped me store my money in a secure way that I know is decentralized and impossible to debase.

2. A data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way.

3. Elon Musk calls FTX media cover-up “one of the biggest failures in US journalistic integrity”

4. People in the Netherlands protesting against the Euro CBDC.

5. New Harvard study argues central banks should hold Bitcoin.

🍊 Bitcoin, Not Crypto

After FTX Implosion, It’s Time To End Bitcoin’s Dysfunctional Relationship With Crypto
By Tim Niemeyer

Bitcoin is in a relationship with crypto — a toxic one. While they all use cryptography at a certain level, Satoshi Nakamoto used it to create a permissionless and decentralized network to replace corrupt monetary policy, where others only see the opportunity to create fraudulent systems.

There are literally countless scams and Ponzis in the crypto-sphere. Even those that some consider interesting experiments have a near-zero chance to succeed. Unfortunately, Bitcoin is being affected by the reputation of "crypto.”

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MEME OF THE DAY 

By Owen

There is a recent movement of exchanges offering zero fees to buy bitcoin. Now even though it sounds nice, this is just a friendly reminder that nothing is free. Either the spread might be big, or they are trying to capture your attention and sell you something else.

Stack harder,
Bam
Today's email was brought to you with ♄ by Bam.
Keep on reading, keep on stacking.
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