Bitcoin miners punch back! Coins moving West to East, Fiat is slow economic torture - Ep.71

Today’s Bitcoin news!

PRICE UPDATE:

Bitcoin has meandered down from around $66K to around $63K. Over the past week we’ve come down due to massive ETF selling by Grayscale, but that should end within weeks.

ETF UPDATE:

Outflows out of grayscale continue, but more importantly, during this dip, the 9 other ETFs have shown consistent inflows. POST: https://primal.net/e/note1khfta2z5aevmtw489v9v4lsdnrje5uthug23e2aeq2jqsx2x4azsh546vq

GLOBAL SHIFT:

Coins have been moving from West to East. Makes a strong case that the Hong Kong ETFs are going to be a far more bullish catalyst than the US ETFs. #bitcoin. POST: https://twitter.com/bitcoinmunger/status/1771147233959837932

BITCOIN MINING:

Greenpeace Catches Hell for Its ‘Explosive’ Bitcoin Mining Report. Bitcoin mining firms have collectively slammed the U.S. group’s accusations about their impact on the environment. ARTICLE: https://decrypt.co/222655/greenpeace-bitcoin-energy-environmental-debate

Daniel Batten: Love this headline because it captures a real shift in the bitcoin mining community. Gone are the days when bitcoin mining companies tried to apologetically defend themselves. They are now counterpunching with interest. POST: https://primal.net/e/note1kmhx2wsswg094uerv8rpcddwc9k37mz4wew3jfk9lp65wkpzy23sqdz9zl

BITCOIN RISK:

Alex Gladstein 🌋 ⚡ @gladstein: Wrote about this risk three years ago as the most likely government attack on Bitcoin. Nocoiners obsessing over 51% attacks were always missing the obvious vector, just cracking down on non-KYC use. Hence why it’s critical to support and invest in non-KYC infrastructure globally. POST: https://twitter.com/gladstein/status/1771200426722914364

EDUCATION:

VIDEO: Lost Bitcoin and the Money Supply (Bitcoin University) — https://www.youtube.com/watch?v=v9tywTYtOX4

VIDEO: The Bitcoin Supercycle Is Here! (ft. BlackRock) — https://www.youtube.com/watch?v=RMBb57vhWKA

VIDEO: The History of Bitcoin's All-Time Highs | Bitcoin Backstage w/ Daniel Prince — https://www.youtube.com/watch?v=_Q_za4SI40g

BITCOIN DEVELOPER TOOLS:

Announcing Strike BLACK, Strike's suite of products and tools for developers looking to build on #Bitcoin. Easily integrate and offer bitcoin buy, sell, send, receive, hold, withdraw, onboard, cash in, and cash out. @primal was one of Strike BLACK's earliest customers and greatly influenced what it has become. Really awesome. If you need Lightning, Bitcoin on-chain, on/off ramps, fiat-over-lightning, etc. you can get started for free today: http://strike.me/black. POST: https://primal.net/e/note18xpu7659s00x4wsktsemr58unrrzrhmrsk9rvnhkzz6aglu67dsqu3jyxj

FIAT/GOVERNMENT NONSENSE:

NEWS: President Biden cancels $6B in student loans for 78,000 public workers. Paid for by your money. Opt-out with #Bitcoin.
POST: https://twitter.com/SimplyBitcoinTV/status/1770942896646357085
ARTICLE: https://www.foxbusiness.com/politics/biden-cancels-nearly-6b-student-loans-public-sector-workers

Inflation is seen as trivial until you understand it. Buy #bitcoin. POST: https://twitter.com/BrianDeMint/status/1771193348499308787

NEWS:💥 Senator Cynthia Lummis gets clarity from Federal Reserve Chairman Jerome Powell on CBDC in The United States. Powell agreed that the Federal Reserve cannot introduce a US CBDC without Congressional authorization. 🇺🇸 #Bitcoin. POST: https://twitter.com/SimplyBitcoinTV/status/1771196540851216745

This devastating piece of legislation from the EU moves Europe further away from the benefits of better money technology. Friendly reminder: You can't ban #bitcoin; you can only ban yourself from it. POST: https://primal.net/e/note1k5anzz48kamk5wun03fkz4c2fml9g9duangsll4ll5jfuz6e4mjq5jqzjm

When Americans were asleep last night. Sneaking this in around 2:30am. The Shitheads in Washington, D.C. released the second half of the omnibus bill. $1.2 TRILLION of taxpayer dollars will be spend on disastrous policies. People do not REALIZE how BIG a TRILLION is!! Including inside it is another $300 MILLION additional funding for UKRAINE. The bill comes down to $5.5 million per word, now thats a stat. 🖕🖕🖕. POST: https://primal.net/e/note1clysvl9zj3gstjquqx09xjfeawn543j6trxklml0e9t407r3trfszp8erf

REMOVE THE LIKE BUTTON AND REPLACE IT WITH WHAT??:

Uxellodunum: I like how the #Lume #Nostr #Client does away with Likes. It shifts focus from meaningless, effortless clicks, to a degree of proof-of-work in showing of value and appreciation, be it in the form of comments or #zaps. What other clients do this? #asknostr. POST: https://primal.net/e/note1u8zwe7ylv87y2jhxdeegkcn9mesa68tjely3u3tqv9xjf7gaj3nsc8fr2e

FUNNY:

Here, let me help you 🤙💜. POST: https://primal.net/e/note1rc7099ezq2x4ehhrmnywms9aqz8pl62cxde9l3ey24nkwxs7m2jsggkw79

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