“While Bitcoin does not litigate the ethics of hydrocarbon production, it is not controversial to point out that the dollar, in that it is sustained by the continuation of the US military-industrial complex (the single largest consumer of oil in the world), carries an incomparably greater carbon footprint than the Bitcoin network will ever begin…
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I may have gotten ahead of myself but the vote is happening right now in El Salvador’s Congress. It’s being discussed and read on the floor & in order to get this out as quickly as possible, we have the reading of the “Bitcoin Law” proposed and soon voted on in El Salvador.
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If you haven’t seen it, don’t miss out on this moment in history. Jack Mallers’ announcement and speech at Bitcoin2021 on the massive moves they are making with Strike, the infrastructure being built in the developing world, & the move by the President of El Salvador to make Bitcoin a legal Tender within the country and make it part of the national strategy to bring financial inclusion, monetary independence, and an infrastructure that will take them into the future with Bitcoin. This is the beginning of some massive.
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“At the core of economists’ fallacy is the belief that money is money by decree (because the state and its expert economists say so), which means they don’t fully recognize the power held by people’s collective decisions.” – Mick Morucci
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“So far, it seems that when governments try to ban or restrict Bitcoin, it ends up merely accelerating the adoption of the currency inside their countries. Governments that have failed miserably with their Wars on Drugs may find stopping people from holding something that’s invisible, borderless, and teleporting much more difficult.” – Alex Gladstein
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In a world drowning in patent trolls, insane intellectual property restrictions, and a reality where someone who neither can build a product, nor came up with the idea, could make millions by suing those who wish to use it… how can we protect an open source ethos in the Bitcoin and cryptocurrency space? How do we defend an alternative financial system from the intellectual prisons of the legacy system it is replacing?
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Stephan Kinsella joins us today for a fascinating discussion on the morality and concept of property in the digital age. Is it possible to own Bitcoin? Do we legally own it, or are we simply the ones in control via the rules of the Bitcoin system?
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Quick and decisive action by Binance has seen them seek out a new, crypto-friendly home in Malta to accommodate their explosive growth in the cryptoconomy. Listen to hear Amy Castor‘s update at Bitcoin Magazine.
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The US Congress released an economic report that discussed many of the advantages and concerns with cryptocurrencies and blockchain technology. Listen to find out what they had to say.
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Is it possible that the disastrous bit-license could finally be replaced by sensible regulation? Learn more details in today’s Quick Read!
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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