issue 77 - week of 04-03-22
curating the good stuff for the casual bitcoin enthusiast each week
news
Billionaire Saylor’s MicroStrategy Takes On $205 Million Loan To Buy More Bitcoin As Experts Eye $50,000 Price.
https://www.forbes.com/sites/jonathanponciano/2022/03/29/billionaire-saylors-microstrategy-takes-on-205-million-loan-to-buy-more-bitcoin-as-experts-eye-50000-price
How One Bond Manager Values Gold and Bitcoin.
https://www.vaneck.com/us/en/blogs/emerging-markets-bonds/how-one-bond-manager-values-gold-and-bitcoin
In Defense of Bitcoin Maximalism.
https://vitalik.ca/general/2022/04/01/maximalist.html
Bitcoin’s “Judas:” The co-founder of a rival cryptocurrency is pushing for a green revolution in mining. It’s not going well.
https://fortune.com/2022/04/02/bitcoin-mining-green-campaign-chris-larsen/
Terra Adds $135 Million in Bitcoin Purchases to Back Stablecoin.
https://www.bloomberg.com/news/articles/2022-03-28/terra-adds-135-million-in-bitcoin-purchases-to-back-stablecoin
Grayscale’s Fight for a Bitcoin ETF Could End in Lawsuit Against SEC.
https://www.bloomberg.com/news/articles/2022-03-28/-all-options-on-the-table-in-grayscale-s-fight-for-bitcoin-etf
Goldman Sachs Co-Signs Bitcoin & Ethereum For High-Net Worth Clients.
https://www.forbes.com/sites/korihale/2022/04/01/goldman-sachs-co-signs-bitcoin--ethereum-for-high-net-worth-clients
World’s 3rd largest department store El Corte Inglés launches crypto exchange for its customers.
https://finbold.com/worlds-3rd-largest-department-store-el-corte-ingles-launches-crypto-exchange-for-its-customers/
The Last Word on Bitcoin's Energy Consumption.
https://www.coindesk.com/business/2020/05/19/the-last-word-on-bitcoins-energy-consumption/
An Interview with Anthony Scaramucci.
https://harvardpolitics.com/an-interview-with-anthony-scaramucci/
Beyond the FUD: Crypto’s Role in Clean Energy.
https://medium.com/@stanfordblockchain/beyond-the-fud-cryptos-role-in-clean-energy-86e50c99fd2c
Is Bitcoin a hedge against inflation?
https://cointelegraph.com/explained/is-bitcoin-a-hedge-against-inflation
Bitcoin nears full supply with 19 million coin milestone.
https://news.yahoo.com/bitcoin-nears-full-supply-19-141151648.html
Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC.
https://cointelegraph.com/news/bitcoin-network-difficulty-reaches-all-time-high-as-miners-pursue-2m-btc
media
Podcast. What Bitcoin Did - Hyperbitcoinisation with Christian Keroles.
Podcast. Anthony Pompliano - Is Bitcoin Ready To Make Another HUGE Move?!
Podcast. WiM162 - Bitcoin and The Sovereign Individual with James Davidson.
tweets
Bitcoin user growth (blue) compared to supply issuance (orange)
This is what programmable scarcity looks like.
Good chart. Basically everyone is scrambling for more and more digital seigniorage, except the original.
vitalik.ca/general/2022/0…
Hey @Greenpeace,
We fixed your #changethecode video for you.
Let us know if you're interested in honest discussion and better sources in the future. It's never too late to learn.
#Bitcoin
$BTC - OBV is nothing but bullish. Looks like next resistance would put us around $50,000. This is some serious strength that we haven't seen in a while. April is historically a very bullish month for #Bitcoin.
#Bitcoin has accomplished all 4 items from the bullish checklist I outlined on 2/25.
This has to be one of the cleanest breakout extensions for $BTC that' we've seen in awhile.
The 45-day Williams%R has blasted through "overbought", indicating high momentum within a bull trend.
Yes. It's not perfect, but alpha available in a probabilistic way. BTC is still early where info asymmetry is clearly available. Very few institutions deeply understand on-chain, and I'm learning more every day.
This chart used no price data, it's all on-chain and fundamentals.
Bitcoin @Bitcoin
The $BTC pattern is called an ascending triangle (right). Read about Asc Tris in Schabacker, Study III, pgs 93-
Also, compare present pattern to similar structure in 2019 (left) #Bitcoin
If you think we’ve missed something important, please send it to us and we’ll be sure to add it to next week’s newsletter… And please share!
See you next week!
