We Need To Talk About The Climate Problem In Bitcoin Mining

The often cited "issue" in Bitcoin is misunderstood and misrepresented.

Bitcoin contributes only 0.13% of the global emissions, and this assuming the whole bitcoin network is running on fossil fuels. This piece illustrates some numbers and comparisons of the CO2 global emissions with bitcoin's energy consumption, which are good to be aware of. In these times of internet and communication traveling at the speed of light, it has been shown that bad information spreads faster than good information.

We must fight noise by providing signal, whenever these often tell us that "Bitcoin consumes more energy than a specific country," we can answer back with good information.

THE DAILY BITS

Signal signal signal, struggling through the noise to find signal? We've got you:

1. Bitcoin has been experiencing price stagnation, but there are indications that it may be coming to an end.

2. Wasabi Wallet team, after much anticipation, unveils the planned rollout for Wasabi Wallet 2.0.

3. Recent moves by European countries have demonstrated an apparent inclination towards totalitarianism, something Bitcoin can help fight.

4. Bitcoin Optech: This week's newsletter describes BIPs for output script descriptors, standards documents for LN Protocol interoperability, and more.

5. Timothy Massad delineates the case for the SEC to approve a bitcoin ETF, something he claims could benefit retail investors and regulators.

IM LOVIN' IT

To Know Bitcoin Is To Love Bitcoin

By Alexander James

Understanding Bitcoin is a process, and involves an understanding of money itself.

Understanding bitcoin is not a simple task; one needs to be hungry for curiosity and be willing to dedicate hours to educational materials on distinct disciplines. Luckily for us Alexander shows a well thought out perspective and a big question: "What is money?" from an Austrian Economics perspective and through a historical lens. From bones and beads to salt and stone and into the gold standard, we find our way into a superior monetary alternative; Bitcoin.

PAY ME IN BITCOIN

Member Of Argentina's National Congress Submits Bill To Allow Workers To Receive Salary In Bitcoin

By Nik Hoffman

Workers in Argentina may be able to receive pay in BTC and store their wealth without fear of inflation.

José Luis Ramón, a member of Argentina's national Congress, submitted a bill to allow workers to receive their salary entirely or partially in bitcoin. His idea, as he mentioned, is to provide autonomy and the opportunity to retain the purchasing power of their remuneration.

Even though it is still only a bill, and not yet accepted, the news is big. This shows the continuation of the ripple effect started by El Salvador's move to make Bitcoin legal tender. The political movement in South America does not cease to impress, starting with El Salvador, then Paraguay and now Argentina being vocal about Bitcoin's adoption. We can simply wonder, which country is next?

IT'S A BITCOIN PARTY, TODAY!

Tonight we're live streaming the F*ck Elon Tour presented by @maxkeiser & @stacyherbert. It's going to be a party, not a conference!

Stream start at 6pm ET | 3pm PT

Today's email was brought to you by Bam and Joe.
Keep on reading, keep on stacking.

PODCAST JOBS SHOP

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World Investment

Changing The Energy Narrative

CHANGING THE ENERGY NARRATIVE