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The word mission is important and personal for everyone. As a Bitcoiner, I believe we are on a mission to make the world better through bitcoin adoption. I asked CK, what was Bitcoin Magazine's mission, to which he said:
To accelerate hyperbitconization.
In my opinion there is a path forward to achieve this, and it can be summarized by a simple phrase: Spread the word.
We have seen bitcoin represent hope for many from El Salvador to Nigeria, Palestine, and even for first world countries. Help us share signal, because there is too much noise out there.
- Bam
Do us a favor and share the newsletter with a friend! | | Today's Rundown: - Bitcoin Is Freedom. A walkthrough Palestine's hardships.
- Clients Want Bitcoin. JPMorgan offers bitcoin exposure to retail investors.
- The B Word Recap. Gems dropped in the conference.
LFG! | | | Can Bitcoin Be Palestine's Currency Of Freedom?
By Alex Gladstein Bitcoin gives Palestinians a powerful avenue for peaceful protest, and the opportunity to find sovereignty among oppressive economic policies.
The world has suffered economically due to the pandemic and lockdowns, even in first world countries such as the U.S, "Now imagine what it's been like for us." - Uqab
Another amazing piece by Alex Gladstein, displaying the hardships of reality lived by the people of Palestine through a history of authoritarianism and control. By interviewing locals, such as Uqab, Tatir and Fadi, Gladstein walks you through the history of financial repression and the struggles Palestinians are currently living in a country at war. At the same time it sheds light on how bitcoin has been utilized as a peaceful protest and a way to thrive for people in a place with economic hardships.
In a country where more than 12 billion dollars of foreign aid given to the Palestinians between 2000 and 2008 and 8.7 billion dollars ended up in the Israeli economy, bitcoin is hope, a way to receive remittances without paying a cut to the middleman. | | JPMorgan Becomes The First Big Bank To Give Retail Clients Access To Bitcoin
By Namcios JPMorgan will reportedly give retail clients access to bitcoin investment vehicles starting on July 19, a first in U.S. big banking
It was not so long ago when Jaime Dimon, CEO of JPMorgan, threatened to fire employees who traded bitcoin back in 2017. What is the narrative now? Well it has clearly changed, as bitcoin interest is spiking throughout the world, and JPMorgan clients are no different; they want exposure to bitcoin. This week, JPMorgan became the first bank to give retail clients access to bitcoin exposure via investment vehicles. Amazing news, since it is not limited to wealthy clients only; bitcoin is for everyone. | | Your daily signal dose:
1. Bitcoin bears beware: There are many who have opposed innovation that were proven monumentally wrong in their predictions.
2. ETF provider and Mirae Asset subsidiary Global X has filed for a bitcoin ETF with the SEC, heating up the competitive race in the U.S.
3. Circle K, convenience store chain, partners with Bitcoin Depot to bring bitcoin ATMs to its stores, with over 700 machines already installed.
4. The B Word Bitcoin conference was a travesty of discourse that failed to advance the conversation on Bitcoin as a technology in any meaningful way.
5. Louis Liu, CEO of Mimesis Capital, discussed investing with the belief that fiat-denominated funds will cease to exist.
6. Running a Lightning Node has nuances but can be profitable and effective if done right. | | Analyzing The ₿ Word Virtual Conference
By Dylan Leclair This Daily Dive excerpt highlights some of the comments made during The ₿ Word virtual conference, with charts and commentary.
There are mixed feelings as to whether The B Word Conference advanced the conversation on Bitcoin or not. I am one who thinks we shall always try to find the signal out of every single event. The talks mainly revolve about Elon, and it could be natural as he is one of the people with most influence. However, Kathie Wood and Jack Dorsey gave us some gems through the conference:
- "My hope is that [Bitcoin] creates world peace by fixing a fundamental level of society." -Jack
- "You don't have to trust anyone, you can verify with open source code." - Jack
- "Money has powerful network effect qualities." - Cathie
- "Bitcoin is a hedge not only against inflation but also deflation (counterparty risk)." - Cathie
| | By Bitcoin Magazine
It is Friday! Time to relax after a week of hard work, and read ALL the articles you can about Bitcoin!
The world we are living is a constant struggle of misinformation. Nowadays it is easier to produce misinformation and spread it like wild fire, than to produce good content and make it viral. Because people like click-bait and bad news sells more!
We continue to strive to deliver good content, and we appreciate it when it is shared, because at the end of the day, we all want hyperbitcoinization.
Enjoy the dip and keep stacking! | | Today's email was brought to you by Bam and Joe.
Keep on reading, keep on stacking. | | | | |
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