✌ Bitcoin For World Peace

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The Deep Dive
Hello Bitcoiners!

It's Friday, so get your coffee ready, stack some sats and sit down for your daily dose of Bitcoin signal!

Did you stack today already?
Today's Rundown:
  • An Era Of Peace: Bitcoin could pave a path toward an era of peace.
  • Learning Opportunities: Bad Investments often reveal the truth; Bitcoin.
  • Benefits Of Bitcoin Standard: It has been a year since the first public company adopted Bitcoin as the standard.
Let's do this.

AN ERA OF PEACE

Can Bitcoin Usher In An Era Of World Peace?
By Marty Bent

How Bitcoin's proof-of-work consensus mechanism is a peaceful alternative to the predominant consensus mechanism: warring militaries.

In this piece, Bent reflects on a recent post from Jason Lowery, where he proposes a thesis that Bitcoin could be the way in which humanity can usher in worldwide peace.

By bringing back pieces of history to add extra context, Bent shares his opinion and agreement on the idea that Bitcoin's proof-of-work consensus is good for global peace.

One of the main arguments is that countries, instead of focusing on gaining property assets in the physical world, would focus on converting their energy resources into hashes that enable them to acquire bitcoin; the best money.

In consequence, the incentives of invading foreign nations, is eradicated, as one cannot easily confiscate bitcoin. Private keys must be voluntarily given.
Read More →

PATH TOWARD BITCOIN

Learning From Bad Investments Will Lead You To Bitcoin
By Nelson Chen

The lessons to be learned from bad investments are the same lessons that lead people to believe in Bitcoin.

This is the ninth part of the series "A Reimagination Of 'Beyond Order' By Jordan Peterson Through The Lens Of Bitcoin."

Chen explains how bitcoiners, after undergoing bad investments in their past, find bitcoin and stick to it given the paramount curiosity of understanding money and its role in the world. The desire for understanding leads to the discovery that not only is our current monetary system broken, but Bitcoin is a tool that transforms the depths of money's potential.

"Maximalists understand that only the Bitcoin tourists get washed out with each dump. It all boils down to time preference and those with high time preference lose in Bitcoin." - Nelson Chen

Read More →

THE DAILY BITS

Click the links:

1. Choice is taking tax-efficient bitcoin investing mobile, and launching on the iOS app store to meet today's investors where they live.

2. The U.S. "wash sale rule" gives bitcoin investors the chance to realize tax breaks. Here's how.

3. Didi Taihuttu spoke about his family's geographically-distributed bitcoin in cold storage. The famous "Bitcoin Family" sold its house, and liquidated its assets in 2017 to buy more bitcoin.

4. Mauricio Di Bartolomeo, the Venezuelan founder of Ledn, believes Bitcoin can be the basis for world access to finance.

5. Representative Don Beyer (D-VA) introduced "The Digital Asset Market Structure And Investor Protection Act."

6. Neuberger Berman to offer bitcoin futures to its $161 million commodity strategy fund, according to a filing with the Securities and Exchange Commission.

BENEFITS OF A BITCOIN STANDARD

MicroStrategy Stock Has Gained 452% In First Year On Corporate Bitcoin Standard
By Dylan LeClair

One year since adopting a corporate Bitcoin standard, MicroStrategy's stock has exploded as the bitcoin price has risen 306%.

One year ago, for the first time, Bitcoin was added to a public company's balance sheet as a treasury reserve asset.

Mainstream media and bitcoin deniers didn't stop speaking out about "how risky the move was" and "how it could be the start of demise for MicroStrategy," and they have all been proven wrong.

Since MicroStrategy adopted its Bitcoin standard, the company's stock has gained 452% while the price of bitcoin has increased over 300%.

Even though it may seem not so long ago, in only a year, bitcoin is being normalized as digital gold and a new asset class, when it used to be cataloged as being "death," entirely speculative or magic internet money.

"This is not a speculation, nor a hedge. It is a deliberate corporate strategy to adopt the Bitcoin standard." - Michael Saylor, CEO of MicroStrategy

Read More →

GIVEAWAY

We're excited to be celebrating our 10th Twitter anniversary in August by giving away 10 Bitcoin 2022 conference tickets.

The giveaway will start Sunday, August 1 at 12:00 p.m. ET and run until August 31 at 12:00 p.m. ET. The winner will be contacted by email on Wednesday, September 1.

To enter, go to: http://www.rafflecopter.com/rafl/display/b28baf753/

Enter Giveaway →

MEME OF THE DAY

By RD BTC

The bitcoin you accumulate is stored energy, available for you to spend in the future, in other words, money.

If you have not yet seen the video podcast episode with Jordan Peterson, John Vallis, Der Gigi, Richard James and Robert Breedlove, I highly recommend you do so.

Peterson has a magnificent way of distilling every argument to its core, and shows an open mind trying to absorb and understand the point of view from Breedlove and company, and contrast it with his personal understanding of the world.

Bitcoin will bring a "net energy gain, not a net energy loss." - Jordan Peterson

Keep stacking!

    



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