Government Sats For Sale
If you bought bitcoin in March, you may have been acquiring that bitcoin out of the cold hands of the government. You'll use them better anyways.
📝 Today's Rundown
  • 🇺🇸 Weak Government Hands: US Gov. sells 10,000 bitcoin.
  • ⚡️ RGB And Lightning: Putting altcoins on Bitcoin?
  • 👁️ Blink, Not Beach: Bitcoin Beach Wallet is getting a new name.
Learn More
🇺🇸 Weak Government Hands

The US Government Sold Nearly 10,000 Silk Road Bitcoin
By BtcCasey                   

The US government has sold almost 10,000 bitcoin confiscated from the Silk Road case in 2013 for over $215 million. There are still about 41,490 bitcoin left to be sold, which the government plans to sell in four more batches throughout the year.

Previously, the government has auctioned bitcoin, but this time they opted for open market sales.

The Silk Road was a darknet marketplace used to sell drugs, among other things, and its founder, Ross Ulbricht, was convicted in 2015 and sentenced to life in prison. Ulbricht now seeks clemency for his unfair sentence.
Read The Full Article

⚡️ RGB And Lightning

With RGB, The Bitcoin Lightning Network Can Now Transfer Altcoin Assets
By Federico Tenga

The RGB protocol enables the allocation of altcoins to Bitcoin UTXOs, which in turn enables stablecoin transfers on the Lightning Network.

This is significant, according to author Federico Tenga, as stablecoins like USDT are already widely used for digital payments and remittances, especially in developing countries where the legacy financial infrastructure is not always functional and the local currencies are volatile.

Once there are stablecoins and other assets on the Lightning Network, it becomes possible to have decentralized exchange functionalities directly over Lightning, with two nodes being able to atomically swap bitcoin against other assets at the same speed and cost of a Lightning payment, without counterparty risks.
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📰 The Daily Bits
🧠 The heuristics often described in behavioral economics offer insightful frameworks for understanding mainstream resistance to Bitcoin.
 
🧨 CleanSpark continues to grow its hash rate, with a Washington expansion set to facilitate 86MW of mining capacity.
 
💪 A historically-independent state, Texas’ ongoing embrace of Bitcoin makes it an innovative leader, with or without the rest of the U.S.

👁️ Blink, Not Beach

Bitcoin Beach Wallet Renamed To Blink In Addition To Changes Aimed At Making The App Global
By BtcCasey

The Bitcoin Beach Wallet has been renamed to Blink with changes aimed at making the app global.

The wallet plans to allow any user to set their local currency in Q2 2023 and features in-app Bitcoin education.

Blink also has merchant features that make it easy and flexible for businesses to receive payments over Lightning and on-chain, including LN address, a Lightning cash register, and a printable pay code.

The team's vision for Blink is for it to be available in every language where there's a Bitcoin community project. The name change reflects the wallet's expansion beyond its original intended purpose and its desire to be used by Bitcoin communities across the world.
Read Full Article
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MEME OF THE DAY 

By @satoshibaggins

The contributions of shitposters on Twitter should not be undervalued — many a pleb has been orange pilled by these masters of prose.

Have a fantastic Monday,
@BtcCasey

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