Bitcoin “is” money (US gov), Bitcoin rights, financial privacy vs money laundering - Ep.96

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin dipped into the $62k range but is now hovering around $64k. Bitcoin is still primed for its next big leg up!

We're back to pre-halving fee rates. POST: https://twitter.com/mononautical/status/1783265779447730643

SAMOURAI WALLET:

🚨 BREAKING NEWS: US Government officially declares that #Bitcoin 𝘪𝘴 money. POST: https://twitter.com/parachutesBTC/status/1783314948170342735

The big take away from the Samourai Wallet 🐂 💩 is a company can't provide privacy, nor a “platform". Protocols are the future. POST: https://primal.net/e/note1hxgzpwx5ry8pygcrfcl69pcjvjwt94q72ta77advat59k9e229vq27c658

FINANCIAL PRIVACY VS MONEY LAUNDERING:

Privacy is normal and good. There has been an effort among authorities to make “money laundering” and “financial privacy” the same thing. That is, the mere act of moving money privately itself becomes a crime. That’s not okay… POST: https://primal.net/e/note1mc36qeww634g6gqt937l50mhals4nszda3uaq07mg34a22cxym5qcealw0

A Cypherpunk's Manifesto, by Eric Hughes. Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world… POST: https://primal.net/e/note19ah4n537tag40pntxu3xhahq0n3uaqmk2vnulnxj2ts9u50x7wfsjvrjxq

LOL:

JUST IN: This "Buy Bitcoin" sign sold for more than $1 Million today. POST: https://twitter.com/BTC_Archive/status/1783424287438713334

RARE SATS???:

JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 BTC worth over $2.1 million. POST: https://twitter.com/wallstreetbets/status/1783537057660391594

BITCOIN ETFs:

NEW: 🇺🇸 BlackRock's 71 consecutive days of #Bitcoin inflows came to an end yesterday with ZERO inflows. This run of consecutive inflow days puts $IBIT in the Top 10 ETFs of all-time. 🙌. POST: https://twitter.com/BTC_Archive/status/1783465025354518828

16th STATE FOR FUNDAMENTAL BITCOIN RIGHTS:

JUST IN: Ohio’s state legislature introduces a “fundamental #Bitcoin rights” bill 👀. Ohio marks the 16th state this year to introduce a bill to protect your right to access #Bitcoin 🙌. POST: https://twitter.com/BitcoinNewsCom/status/1783477037220470791

MINING:

Bitcoin literally fixes this —> Tanzania have shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid. It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production. POST: https://twitter.com/BTC_Archive/status/1783254641485971727

PayPal Proposes Scheme To Selectively Mine With ESG Compliant Miners. The paper proposes routing transactions to whitelisted 'green miners' using low fees and a 'locked' BTC reward in a multisig payout address. ARTICLE: https://www.nobsbitcoin.com/paypal-proposes-scheme-to-selectively-mine-with-esg-compliant-miners/

ADOPTION:

Latin American Fintech Giant Nubank Enables Bitcoin Withdrawals and Deposits. Nubank customers will be able to send and receive Bitcoin, Ethereum, and Solana using its app. ARTICLE: https://cryptopotato.com/latin-american-fintech-giant-nubank-enables-bitcoin-withdrawals-and-deposits-report/

FIAT/GOVERNMENT NONSENSE:

NEW: 🇺🇸 Biden pushing 25% tax on UNREALISED gains for high-net-worth individuals. POST: https://twitter.com/RadarHits/status/1783425821434122500

Housing defaults have now reached the highest level in a decade. Multi-family = Apartments. This is not looking too good. POST: https://twitter.com/WallStreetSilv/status/1783542235843146020

NEW: 🇺🇸 SEC to deny ETH ETFs next month - Reuters. POST: https://twitter.com/RadarHits/status/1783466120290185320

Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions. Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. ARTICLE: https://cryptopotato.com/tether-will-freeze-venezuelan-wallets-being-used-to-evade-us-sanctions/

A BITCOIN WALLET FOR FAMILIES:

Finney by Nunchuk: Bitcoin Wallet for Families. "Finney lets your family hold the reins, ensuring complete financial autonomy and security. With Finney, one can enlist one’s own family to hold a backup key, or backup keys, instead of relying on a trusted third-party," said Nunchuk in a blog post. ARTICLE: https://www.nobsbitcoin.com/finney-by-nunchuk/

TOP ZAPS (PRIMAL):

Introducing Top Zaps. We just released an update to all Primal clients. You’ll notice that we now render several top zaps at the bottom of each note. The top zapper gets their zap message displayed. Brevity is enforced: we only allow room for 4-5 short words. Anyone can zap any note and include any message. Note author can mute abusive users and keep their sats. Let’s see how this goes! POST: https://primal.net/e/note1m78l8yq4svjzerf7ga4muapn6awwp8ld4rc426yvurz5glh84yvqrq6hnp

BTC PRAGUE:

The BIGGEST #bitcoin event in Europe is around the corner! 💥. Don't miss your shot to meet THOUSANDS of like-minded people. 🫂 The vibe of the venue will be UNPRECEDENTED. 🤩. Join us NOW! 🎟️.
POST: https://twitter.com/BTCPrague/status/1783526392409264207
WEBSITE: https://www.btcprague.com/

EDUCATE YOURSELF ON REAL ECONOMICS:

What are Mises’s Six Lessons? From a transcription of lectures he gave in Argentina in 1959: Capitalism, Socialism, Interventionism, Inflation, Foreign Investment, and Politics and Ideas. ARTICLE: https://mises.org/power-market/what-are-misess-six-lessons

REMEMBER:

Cherish your children while you can. POST: https://twitter.com/bitkite/status/1783537250980229384

Uncle Rockstar Developer: We are going to rebuild the global financial system on top of Bitcoin, and there is nothing they can do to stop us. POST: https://twitter.com/r0ckstardev/status/1761941183545114755

You don't sell your bitties. POST: https://twitter.com/LoveIsBitcoin21/status/1783538517030686870

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