TD₿: Bitcoin is Winning the Information War - Here's Proof - (a Swan original video) with Hurley
TD₿: Bitcoin is Winning the Information War - Here's Proof - (a Swan original video) with Hurley
TL;DR: BlackRock and BNY Mellon back Bitcoin as Bill Maher spreads energy misinformation. Discover how Bitcoin's First Amendment protection, global liquidity and institutional adoption drive its rise.
Hey Bitcoiners,
Bill Maher recently criticized Bitcoin's energy use, spreading misinformation that Bitcoin consumes 8% of global electricity. This claim was swiftly debunked, with data showing that Bitcoin uses only 0.49% of global electricity, including renewable sources. Maher's rant was met with widespread criticism, as many pointed out the benefits Bitcoin provides, particularly for those living under dictatorships or facing hyperinflation.
Critics often argue that energy consumption should not be viewed as inherently bad and that technological advancements, like Bitcoin, directly contribute to human flourishing. Bitcoin supporters also highlighted that the energy debate is outdated and largely misunderstood by those unfamiliar with its global impact.
Meanwhile, institutions like BlackRock and BNY Mellon are increasingly backing Bitcoin, recognizing its potential as a global monetary alternative. BlackRock's head of digital assets described Bitcoin as a scarce, decentralized asset free from traditional counterparty risk, appealing to investors amid concerns about currency debasement and political instability.
Additionally, new research links Bitcoin's price movement with global liquidity, reinforcing its role as a significant financial asset. A recent paper also argues that Bitcoin is protected under the First Amendment, as it represents a form of free speech and protest against government-controlled money systems. As institutional adoption grows, Bitcoin continues to solidify its place in the global economy.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“The return of money is more important than the return on money.”
- Steff
Job of the Day
Remote Operations and Support Manager
Location: Remote (Work from Anywhere)
Job Type: Full-Time
Department: Business Operations / Mining
About Simple Mining
Simple Mining is a leading provider in the Bitcoin mining space, with over 50 MW currently under management and expansion plans for up to 100 MW+ by Q1 2025. We are looking for a reliable and motivated individual to join our team as a Remote Support & Operational Manager.
Job Description
As a Remote Support & Operational Manager, you will oversee the daily operations of our sites, coordinate with site managers, and ensure everything is handled efficiently. Your responsibilities will include, but are not limited to:
Support: Providing remote support ensures site managers and teams run smoothly.
Oversight: Checking in with site managers and repair teams to resolve any issues.
Logistics: Manage logistics and ensure all shipments and deliveries are timely and correct.
Coordination: Liaising with our repair and maintenance teams to ensure equipment is functional, and problems are resolved quickly.
Customer Success: Assisting customers with inquiries, managing support tickets, and ensuring high customer satisfaction. You will help triage and resolve issues as they arise, escalating when necessary.
Additional Projects: You may be involved in further projects based on company needs.
Qualifications
Strong organizational and multitasking skills
Ability to manage logistics and coordinate across teams remotely.
Excellent communication and problem-solving abilities.
Prior experience in operational, logistical, or support roles preferred.
Prior experience within the Bitcoin Mining space is a plus.
What We Offer
Competitive salary and performance-based incentives
Comprehensive health, dental, and vision coverage
Bitcoin benefits plan
Flexibility to work from anywhere
Room for Growth: Significant opportunities for professional development and career advancement within the company.
Training and Development: Ongoing training, mentorship, and access to educational resources in the mining industry.
Supportive Work Environment: Join a collaborative, dynamic, and supportive team where your contributions are valued.
How to Apply
Please send your resume and a brief cover letter explaining why you would be an excellent fit for this role to nick@simplemining.io
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Alby Launches Alby Go: A Mobile App for Self-Custodial Bitcoin Lightning Payments
Alby has launched Alby Go, a mobile app for iOS and Android that allows users to make self-custodial Lightning payments.
The app integrates with Lightning nodes and wallets like Alby Hub, Umbrel, Start9, LifPay, and CoinOS, offering a simple interface for Nostr Wallet Connect-enabled wallets.
Key features include a contact list for storing frequent Lightning addresses, currency conversion, and dark/light mode options. Currently in version 1.5, Alby Go is open-source, inviting user feedback and contributions to improve the app.
PayPal Expands Crypto Offerings for U.S. Businesses: Buy, Hold, and Sell Bitcoin
PayPal has enabled U.S. business account holders to buy, hold, sell, and transfer cryptocurrency, including Bitcoin, directly from their PayPal accounts, though the service is not yet available in New York State.
This new feature expands PayPal's crypto offerings for businesses, building on its 2020 launch of consumer crypto services and the introduction of its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), in 2023.
Brink Donates Over $1 Million to Bitcoin Developers in 2023, Highlights Key Contributions
Brink, a non-profit supporting open-source Bitcoin development, released its annual report highlighting over $1 million in donations to Bitcoin developers in 2023.
Founded in 2020 by John Newbery and Mike Schmidt, Brink received $2.4 million in donations last year, with Jack Dorsey’s StartSmall initiative as a major contributor.
The report detailed $1.6 million in expenses, with over $1.2 million directed to developer salaries and grants, enabling critical work on Bitcoin's protocol. The report emphasized Brink’s role in supporting code review, security, testing, and upgrades, ensuring a stronger decentralized Bitcoin network.
On This Day in Bitcoin History
2012 - Taxizen, from Hertfordshire, UK became the first Taxi service to accept Bitcoin
In Hertfordshire, UK, Daniel Hart's taxi service, Taxizen, became the world's first to accept Bitcoin as payment during the early days of cryptocurrency adoption. Hart saw Bitcoin's potential to solve issues like high transaction fees and currency exchange for travelers.
He offered a 10% discount to customers who paid with Bitcoin to encourage its use. Additionally, Hart ran a "Bitcoin coaching service," teaching others about Bitcoin for 0.25 BTC per hour. He described Bitcoin as having the potential to revolutionize payments, a view he shared in a 2013 Radio 4 interview.
Swan Shortie of the Day
Event of the Day
Bitcoin Amsterdam
Dates: October 9-10, 2024
Location: Westergas, Amsterdam
Following the landmark global Bitcoin Conference held in Nashville this July, where U.S. presidential candidates Donald J. Trump and Robert F. Kennedy captivated audiences, Bitcoin Amsterdam 2024 is poised to be another historic event in the global Bitcoin industry.
Exploring the future
This year's conference theme invites participants to delve into Bitcoin's future. Over the past 15 years, Bitcoin has evolved from an obscure digital experiment to a central player on the global financial stage.
This event, which will include plenty of educational sessions and opportunities for networking, focuses on shaping the future of the Bitcoin ecosystem.
With an expected attendance of 5,000, Bitcoin Amsterdam 2024 is one of Europe's most significant Bitcoin events this year. Last year's conference featured notable speakers such as Edward Snowden and Eva Vlaardingerbroek.
This year promises other influential voices discussing how freedom, finance, and technology converge in Bitcoin. Among the first speakers announced are Jack Mallers, CEO of Strike, and Stella Assange. The lineup is expanding daily, and more speakers will be unveiled in the coming weeks.
Secure your spot: Tickets and updates.
As excitement builds, ticket prices will increase as the event approaches. Attendees are encouraged to secure their tickets early to participate in this pivotal conversation on Bitcoin's future.
For more details, to purchase tickets, and to stay updated on speaker announcements, visit: Bitcoin Amsterdam 2024.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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