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📝 Today's Rundown
  • 🥷 Bitcoin Core V25.0: The latest version of Bitcoin Core is now out.
  • 🤺 Tax Attacks: Why they won't kill Bitcoin.
  • 🍾 Bottlepay To Shut Down: Users are encouraged to withdraw their funds.
🥷 Bitcoin Core V25.0

Bitcoin Core Version 25.0 Released Bringing New Features And Transaction Use Cases
By BtcCasey          

Bitcoin Core version 25.0 has been released, offering new features, bug fixes and performance enhancements. Users are advised to read the release notes before updating their software. The update includes the ability to process transactions of non-witness size 65 bytes and above, introducing new use cases and improving security.

In addition, scanblocks RPC enables faster wallet rescans by providing relevant blockhashes. RPC updates allow for convenient passing of positional parameter values through the new "args" parameter.

The release prioritizes user experience and security. Users are encouraged to report any bugs encountered and ensure compatibility with their operating systems before upgrading.

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🤺 Tax Attacks

Tax Attacks Won’t Kill Bitcoin: Regulators Must Learn To Accept New Technology
By Conor Chepenik

The article emphasizes that tax attacks and regulatory resistance cannot halt the progress of Bitcoin and its technology.

It criticizes politicians who label Bitcoin supporters as criminals without evidence, highlighting the importance of justice and fairness. Instead of imposing arbitrary taxes, the government should focus on creating a regulatory environment that supports innovation and economic growth.

The article argues against the proposed tax on Bitcoin mining, stating that if market participants have paid for their energy, they should be free to use it as they wish. It also discusses how new technologies, like Bitcoin, challenge established industries and entities, but their adoption is inevitable and can lead to positive change. It concludes by drawing parallels between the resistance faced by zero in the past and the potential success of Bitcoin and its network effects.

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📰 The Daily Bits


It's #FlashCodeFriday again! Unlock an additional 50 sats when this post reaches 800 RTs! 
 
🌴 Check out the recap of Bitcoin 2023 in Miami Beach, with articles and the livestream video on the Bitcoin Magazine website!
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🍾 Bottlepay To Shut Down

Bitcoin Payments App Bottlepay To Shutdown Services
By BtcCasey

Bottlepay, a popular Bitcoin payments app, has announced its shutdown and urged users to withdraw their funds before the closure date.

Failure to withdraw funds by the closure date will result in Bitcoin being converted to fiat currency and returned to the nominated bank account. The company recommends users to save transaction statements before the closure date due to potential tax implications. Bottlepay may contact users with remaining funds and warns against potential scams.

Users should download their transaction history and close their Bottlepay accounts following provided instructions. Bottlepay expressed gratitude to its customers and apologized for the inconvenience caused.

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MEME OF THE DAY 

By @Pete_rizzo_

This may be looked back on as a slight blunder. If Elon had fully embraced bitcoin at that point, he'd be looked at as (even more of) a genius. But instead he got the reputation of pumping a meme coin that will never have any significant value. Oh well.

Have an incredible weekend,
@BtcCasey
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