The Latest News From Bitcoin Magazine | BROUGHT TO YOU BY | | Beloved Bitcoiners! The week is ramping up, and the price is following. As the price builds up and excitement overflows in the space, we also see an abundance of news arriving from distinct sources and sadly it seems that much fake news is also spreading like wildfire. Throughout the noise, we will constantly make great efforts to bring you signal, and strive to be the place where you can find reliability and truth. P.S. We have 4 days left for the "Bitcoin is Venice" book giveaway. All you have to do is click a couple of links to be entered. | | Today's Rundown: - A Guide To Bitcoin. The Fundamentals of Bitcoin explained.
- Super High Signal. We made a highlight reel of Bitcoin 2021.
- Awareness is Rising. A look into Singapore raise of adoption.
- Mining Goes Up. Southeast Asia increases mining.
- Bitcoin Over 'Britcoin'. CBDC propelling bitcoin.
Let's do this. | | | Bitcoin is a paradigmatic transformation of humanity's oldest technology: money. This guide is for those willing to view it through that lens. Why is bitcoin important? Why will it win in the end? These are simple questions which might be clear in our heads but sometimes not as easy to explain to someone else. In this article, the author lays it out, trying to simplify and focus on the most important aspects of the technology and why humans feel such attraction towards bitcoin due to its perfection: - It's the perfect store of value; it can't be diluted.
- It's the perfect medium of exchange; it can't be stopped.
- It's the perfect unit of account; it's infinitely divisible.
As the fundamentals are explained, it boils down to a simple thing: "Money measures three things: time, energy, and natural resources. Three fixed quantities that we cannot create out of thin air." - Svetski | | The Ultimate Bitcoin 2021 Highlight Reel Our team has been busy slicing and dicing content from Bitcoin 2021. You've probably seen clips make their way to Twitter, but we decided to put them in an epic playlist on YouTube. If you want the best of the best, this is what you need to watch. + 109 Videos + Average length 3 Minutes + Let it rip in the background while you're mixing your coins | | Bitcoin Awareness And Adoption In Singapore is Huge By Namcios The IRCI Singapore found that 90% of citizens have heard of Bitcoin while 40% own it, with 39% of Singaporeans seeing it as an investment. We often see or hear that awareness and adoption on bitcoin is growing, but it could be hard to feel it more palpably not within our inner circle of friends or Bitcoin Twitter. Numbers don't lie, however, and now we have some statistics of the evolution of bitcoin adoption in Singapore. Singapore by the numbers: - 90% have heard of Bitcoin
- 40% owns bitcoin.
- 39% see it as an investment asset
- 25% see it as a store of value
- 12% see Bitcoin as Money.
In the path towards monetization, more people will start realizing that it is not only money, but is the hardest store of value ever created. A path forward toward hyperbitcoinization. | | Your daily dose of signal: 1. The duality of evil and good are reconciled in a technology designed to acknowledge inherent human characteristics. 2. Bitcoin-funded IRAs are surging in popularity in the U.S. as Americans seek a wealthier retirement. 3. Mitch Klee discussed what it means for Bitcoin to introduce trustworthy, foundational money to the world. 4. The competition will become clearly one-sided as the black hole of value that is bitcoin absorbs everything around it. 5. The last week has held many bullish events and occurrences, and the price of bitcoin reflected that! | | Major Thai Telecom Operator Plans To Out-Mine All Of Southeast Asia By Alex Mcshane Jasmine Telecom Systems has announced its ambitious Bitcoin mining plans to become the largest BTC miner in Southeast Asia. The Stock Exchange of Thailand (SET) listed subsidiary of Jasmine International (JAS), named Jasmine Telecom Systems (JTS) has announced ambitious bitcoin mining plans. The Thai telecom operator will install 500 mining machines over the third quarter, planning to install 5,000 machines in 2022. | | | | |
Their end game is to ramp up their mining operations with the goal of having
50,000 miners running before the next Bitcoin halving in 2024. The continuous investment seen in the mining industry tells how healthy the network is, and how prosperous the future looks.
Bank Of England 'Britcoin' Will Fuel Rising Bitcoin Prices, Says DeVere CEO By Namcios Nigel Green has reportedly commented on the UK's new CBDC initiative, remarking how it might backfire and help propel Bitcoin adoption. Great Britain has announced its intentions to launch the "Britcoin," a Central Bank Digital Currency (CBDC). Many newcomers often wonder what is the point of bitcoin if we are soon having "government backed cryptocurrencies." Nigel Green, CEO of deVere Group, tells us how the CBDC plan might backfire and instead propel Bitcoins adoption. - Britcoin will be controlled by a handful of people. Bitcoin is controlled by no one.
- Britcoin decisions will be taken behind closed doors. Bitcoin decisions are taken openly.
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Don't let AOC or Biden tell you that inflation doesn't exist and that it is only transitory. This is the reality we are living. This is why we bitcoin Keep stacking! | |
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