Bitcoin For Dummies

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BROUGHT TO YOU BY Hey there fellow Bitcoiners, It's Monday again, a great day to mine some fiat and stack some sats, or maybe you are ahead of me and are already mining some sats while sleeping! If the latter is the case, then congratulations, and thank you for securing this beautiful network. Now that the greetings are said and done, it is time again for your daily signal. So grab a coffee, get comfortable, and get ready to get hyped, because we are ALWAYS BULLISH. If you don't feel this way, then nothing better than some good signal for bringing your conviction up! Today's Rundown: Bitcoin For Dummies. Quit trying to understand it. The Rise And Fall Of CBDC The CBDC Empire. Have they learned nothing? Nuclear Is The Way. Humans need energy so get out of the way. A 10 Year Price Chart Worth Sharing. Numbers don't lie.  BITCOIN FOR DUMMIES Stop Trying To Understand Bitcoin By Captain Sidd We often utilize complicated systems without understanding them, and this should be no different for Bitcoin. What is the best way to understand Bitcoin? We don't need to understand its technology. It is as simple as utilizing it, because it satisfies our needs in a better way, allowing us to transfer value in a permission-less and censorship resistant manner. The only thing needing to be understood is value, and how scarcity drives value up! This piece describes a contrast of everyday technologies that humanity utilizes without the need of understanding how they work. But we end up using them anyways because they generate value in our lives. Read More → CBDC - A LIKELY SHORT EMPIRE The Coming Rise And Fall Of Central Bank Digital Currencies By Ammar Naseer Digital currencies are quickly gaining traction in the world; but Bitcoin is poised to maintain superior incentives. According to Thiers Law, good money drives out bad money — meaning all paths lead to bitcoin. The paper outlines several factors that will contribute to the rise of CBDCs in the coming years, as well as the design limitations of CBDCs that will drive demand back to bitcoin. An interesting perspective of how CBDC's might be introduced from the Central Banks, but ultimately not be good enough. Humanity always thrives for innovation, for a better product offering greater value, better experience and more freedom in which CBDCs limitations compared to Bitcoin. Read More → THE DAILY BITS Your daily signal dose: 1. Aaron van Wirdum, host of "The Van Wirdum Sjorsnado," speaks with Bitcoin Beach Wallet developer Nicolas Burtey. 2. Jerome Powell, Federal Reserve Chair, thinks a central bank digital currency would obsolete bitcoin. He's way off. Oldies But Goodies 3. The environmental impacts of gold and banking relative to Bitcoin are much greater than mainstream narratives suggest. 4. The world's reserve currency relies on oil, dictators, inequality and the military-industrial complex. But a Bitcoin standard could change this. SPONSORED BY DEEP DIVE GIVEAWAYS The worlds easiest giveaway continues! Get a shot at winning a hardware wallet and book by following Bitcoin Magazine on social media.  Your reward: you get the best signal in Bitcoin across social media and a chance to win a BitBox and Bitcoin is Venice by Allen Farrington and Sachin Meyer.   Full details at the bottom of this email. NUCLEAR IS THE WAY Is Nuclear Power The Future Of Bitcoin Mining? By Jessie Willms As the bitcoin mining industry grapples with criticism over its energy use, nuclear power is emerging as its source of the future. Over the last week, a great amount of news flooded the bitcoin mining space, and the trend showed one interesting direction; nuclear power for mining bitcoin. The ESG narrative is playing strong lately and pushing miners to be more public about their energy consumption — luckily for them, renewables and nuclear are often cheaper than fossil fuels, unless the latter are subsidized. Read on to find out where the trend is headed and what the desired or even optimal energy mixes may be for prosperous Bitcoin mining and a healthy energy grid. Read More → MEME OF THE DAY By Dan McArdle This is just a reminder that despite the volatility lately, bitcoin is a long-term appreciating asset. Some might even say it is "artificially designed to pump forever." So strap on, stack sats and enjoy the ride, because this is a long term play, a marathon and a revolution. Enjoy the week! GIVEAWAYS SHARE WITH A FRIEND    SUBSCRIBE Was this email forwarded to you? Sign up here.  Today's email was brought to you by Bam and Joe. Keep on reading, keep on stacking. PODCAST   JOBS   SHOP Copyright © 2021 BTC Media, All rights reserved. You are receiving this email because you opted in via our website. Our mailing address is: BTC Media 438 Houston Street Suite 257 Nashville, TN 37203 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

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