news
Second country to adopt Bitcoin as national currency is the Central African Republic.
https://www.theverge.com/2022/4/29/23048142/bitcoin-adopted-official-currency-central-african-republic-car-why
Fidelity Investments Advances Leading Position as Digital Assets Provider With Launch of Industry’s First-of-Its-Kind Bitcoin Offering for 401(k) Core Investment Lineup.
https://finance.yahoo.com/news/fidelity-investments-advances-leading-position-123000651.html
Goldman Offers Its First Bitcoin-Backed Loan in Crypto Push.
https://www.bloomberg.com/news/articles/2022-04-28/goldman-offers-its-first-bitcoin-backed-loan-in-crypto-push
Panama is poised to approve the use of Bitcoin and 8 other cryptos “without limitation.”
https://fortune.com/2022/04/29/panama-legalize-use-bitcoin-cryptocurrencies-legal-tender/
Buenos Aires City to Allow Residents to Make Tax Payments With Crypto.
https://www.coindesk.com/policy/2022/04/26/buenos-aires-city-to-allow-residents-to-make-tax-payments-with-crypto/
Fort Worth, Texas becomes first in the US to mine bitcoin: “Where the future begins.”
https://www.usatoday.com/story/money/2022/04/27/texas-first-us-city-bitcoin-mining/9551357002/
Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin.
https://www.cnbc.com/2022/04/30/warren-buffett-gives-his-most-expansive-explanation-for-why-he-doesnt-believe-in-bitcoin.html
A former NASA research scientist-turned crypto fund manager breaks down 3 reasons why cash is a high-risk asset compared to bitcoin.
https://www.businessinsider.com/crypto-bitcoin-fund-manager-cash-high-risk-asset-2022-5
Market Sentiment is Not as Strong as On-Chain Activity.
https://bitcoinmagazine.com/markets/market-sentiment-is-not-as-strong-as-on-chain-activity
media
Podcast. What Bitcoin Did: The Bitcoin Adoption Supercycle with Dan Held.
YouTube. Andreas Antonopolous: Livestream Q&A.
Podcast. Investor’s Podcast Network: Bitcoin Talk With Your Advisor w/ Morgen Rochard.
tweets
#Bitcoin price is sideways because of Wall St is selling futures contract in a macro risk-off trade. Meanwhile institutional money is scooping spot BTC at peak rates and moving to cold storage.
It's times like these I remember the Q4 2020 supply shock squeeze.
“#Bitcoin is a better central bank than central banks.
#Bitcoin is a better Visa than Visa.
#Bitcoin is a better Western Union than Western Union.
#Bitcoin is a better Chase than Chase”
This is an excellent slide by @HODLranch that they presented to ERCOT. Best visual I have seen to show the benefits of Bitcoin mining to grids
0/16
BREAKING: Bitcoin mining can slash methane emissions by 2030.
Bitcoin mining can reduce our global emissions by up to 8% by 2030, simply by converting the world’s wasted and dangerous methane emissions into 80x less harmful emissions.
Lightning channel leases is going to be *very* big business. A massive amount of #bitcoin liquidity will need to enter the Lightning network to facilitate future transfer volumes and that requires incentives and doesn’t come for free.
A true “risk free” interest rate is coming.
My interview with @MorganLBrennan & @michaelsantoli discussing demand for #bitcoin in 401k plans, the interaction of traders & technocrats to set $BTC price, the surge in bitcoin mining efficiency & ESG FUD, and @elonmusk's plan to deliver cyber freedom & security via @Twitter.
Based on a regression between price and network size, we can create an estimate for the fair value of Bitcoin down the road, using these two different curves as guides. "Higher than now” is suggested, but “how high” is also important, depending on one’s time horizon. /3
Will Bitcoin become a fixture? Here we see the number of global mobile phone users and global internet users, regressed against the number of BTC addresses. Both analogs support the idea that the Bitcoin (and Ethereum) network has a lot more growing to do. / 🧵
MicroStrategy's @saylor calls #Bitcoin "the ultimate risk-off asset," in spite of recent price action. "The traders and the technocrats control the market trading of $BTC, and it's a function of the tug-of-war between them," says the tech company's CEO. $MSTR
@CNBC
A little leak from the Bitcoin user adoption report our team is working on:
We are so early. Sometimes it's easy to let short-term volatility distract you from the big picture.
youtu.be/yO5BwXFyCIQ
. @aantonop on the #BITCOIN BIP 119 Controversy | "A Speedy Trial Activation is Entirely Inappropriate"
$BTC | 1W: Last time we had 4 consecutive RED weeks was in June of 2020. You can see what happened after that. I'm not 100% convinced that it's going to happen again, just something I'm looking at. On-Chain Metrics are bullish. Weekly close pump? 🤔 #BTC #Bitcoin #Crypto $ETH
So how many people are holding #Bitcoin worth $10.000 round about 0.25 #BTC or more? Fewer than you think… less than 2.5 million people! We are so early… Source bitinfocharts.com/top-100-riches…