📈 This Time Is Different

I Thought This Bitcoin Cycle Was Different
By Cory Tucek

This current cycle has been an interesting one. As the speculation mounted, the narrative of a "supercycle" combined with an uber-optimistic stock-to-flow model made many of us feel not only as geniuses but certain that we knew what we the price would do — until we didn't.

The author shares his story and feelings from his perspective and maybe one of the most popular lessons that we all eventually learn: bitcoin humbles you.

As confident as we are of bitcoin's future, it is important to remember that we can not predict its price action. Perhaps the best strategy, as often mentioned by Matt Odell is to:

"Stay humble and stack sats."

Spacechains: How This New Bitcoin Sidechain Proposal Works
By Shinobi

Have you heard about sidechains?

Actually, sidechains are by no means a modern concept. Ideas and proposals of two completely separate and unrelated chains being mined by the same group of miners have been revolving around the mining industry and Bitcoin Core developers even since Satoshi was still working on the software.

The idea of sidechains comes as a scaling and feature extension mechanism for Bitcoin. The basic idea was to be able to have coins move back and forth between the main Bitcoin blockchain and other sidechains. However, the potential for theft, risks of mining centralization and the technical complexities have not allowed developers to ensure a functional and secure application of the idea.

The author of this article discusses one of the most recent and most promising proposals to solve the current issues facing sidechain development: spacechains.

1. More than a year since Nigeria banned bitcoin services, its SEC has released updated regulations. Will the bitcoin market be affected?

2. Despite repeated statements from Bitcoiners that price does not matter, the price of bitcoin is fundamentally a measure of its success.

3. This July 4th is an opportunity to think about how Bitcoiners reclaimed their own financial independence.

4. By saving in bitcoin and holding your private keys, you can opt out of a flawed financial system and participate in the world’s largest nonviolent protest.

5. Bitcoin is a monetary system that returns to the ideals upon which American independence was built.

6. Fiat knowledge is a result of information sources being centralized and misaligned in incentives.

7. The bear market cycle is in full effect, and these bits of data from the mining sector illustrate the effects of a depressed bitcoin market.

8. Though the bitcoin price is bringing the overall sentiment down, many exciting things are happening in Bitcoin that will make this price drop temporary.

Just As The Harlem Globetrotters Changed BasketBall Forever, The Perth Heat Can Change Sports Forever
By Steven Nelkovski

The Globetrotters played a major role in the desegregation of professional basketball and, by entertaining communities who knew little about basketball, took the game to all parts of the world. In the same way, there is an Australian baseball team ready to change the sports’ industry forever by playing a major role in the global adoption of bitcoin: The Perth Heat.

Back in November, 2021, The Perth Heat became the first team in the world of sports to begin operating on a Bitcoin standard. Athletes understand low time-preference better than most and because of that, The Perth Heat’s players are now being paid in Bitcoin. The author of this article shares his viewpoint about the importance of Bitcoin adoption in the sports industry and how teams like The Perth Heat can introduce the Bitcoin ideology into many new communities.