One of this weeks news items is that the bitcoin wallets holding less than one bitcoin ("shrimps") are actually stacking more sats than the entire output of Bitcoin Miners. That is terrific news!!!! It turns out, despite what the press might imply, we don't need corporate funding in order to keep bitcoin adoption moving. The businesses and corporation will come.. nation states will adopt bitcoin and eventually it will be reserve currency of the world. But remember we DO NOT NEED THEM.
News and Notes
Central Africa Republic Drops Bitcoin as Legal Tender
Bhutan Has Been Mining Bitcoin For A Few Years
Britons Told to Accept They Are Poorer - Chief Economist Bank of England
Brazil President Supports Trading Currency for BRICS
Block Height at Time of Recording: 787,727
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I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com