TD₿: Bitcoin Nears All-Time High as BRICS Nations Embrace It! - (a Swan original video) with Hurley
TL;DR: Uptober is closing in familiar fashion. From October’s price action to de-dollarization trends, learn why Bitcoin’s role as a global, non-sovereign asset is growing rapidly.
Hey Bitcoiners,
Bitcoin's price surged yesterday in true Uptober folklore, reaching over 100,000 Canadian dollars and nearing all-time highs in U.S. dollars. While inflation concerns continue to rise globally, Bitcoin remains overlooked as a solution by many, partly due to recency bias perception as a U.S.-centric asset.
In today’s episode, Hurley examines a recent BRICS meeting in which several member states, including Russia, Argentina, and the UAE, discussed using Bitcoin in trade to lessen dollar reliance. Meanwhile, VanEck's Matthew Sigel notes a bullish outlook for Bitcoin as the U.S. election approaches, potentially followed by a Moody's downgrade in U.S. debt.
Bitcoin's role as a global, non-sovereign asset is gaining traction, especially in countries seeking alternatives to the dollar.
Enjoy!
Tick tock next block,
The Swan Education Team
The Daily Bitcoiner is Powered by Marathon Digital Holdings - setting the pace for the Bitcoin mining industry.
Sign up for Swan and receive $10 in free Bitcoin today.
Welcome to Bitcoin: 101 Series
Swan understands that learning about Bitcoin can be daunting, and articulating its concepts to your loved ones can often appear like an insurmountable task. So, we created this free 1-hour Welcome to Bitcoin: 101 Series. It’s the best way to orange-pill your friends and family.
With host Natalie Burnell, you’ll learn the many ways Bitcoin can benefit you, such as:
Inflation Protection: Protect your savings from inflation and manipulation.
Investment Opportunity: Potential for substantial returns driven by its scarcity and growing adoption.
Prosperous Future: Decentralized money that serves as a store of value for your hard-earned wealth.
Help kickstart your loved ones Bitcoin journey today!
Quote of the Day
“Bitcoin is a way out of our current system, which is exclusionary and unjust, and tends to prey on the weak and disenfranchised while letting the corrupt Davos crowd walk free.”
- Alex Gladstein
Job of the Day
Bitcoin Mining Technician & Operations
Guardrail Mining Inc
Various states in the USA
Contract / Freelance
Mining Repair & Service / Mining
Guardrail is Hiring Motivated Bitcoin Mining Contractors
If you are ready to join elite Bitcoin mining teams, we will meet YOU and train you on the job.
What We Do At Guardrail
ASIC miner installations
Networking and cable management
Mining operations
Troubleshooting
Repairs and maintenance
Overdeliver
Ideal Candidates
Strong interest in building decentralized infrastructure
Knowledge of the Bitcoin ecosystem
Physically fit, able to lift 45 lbs. equipment throughout the day
Prior experience operating a forklift and scissor lift is a plus
Must sign NDA and Contractor Agreement
OSHA 10 certification required
Willing to work at multiple undisclosed locations
Emphasis on teamwork and flexibility in a dynamic work environment
No anger issues
No criminal record
Confidentiality
Documented to work in the U.S.A. and have a U.S. bank account
Bilingual English and Spanish a plus
To apply and learn more, click the application link here.
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Bitcoin Falls Just $175 Short of All-Time High – Is a New Peak Imminent?
On Tuesday, Bitcoin’s price moved above $73,500, nearing its all-time high of $73,737, set in March earlier this year.
With renewed demand for Bitcoin ETFs and an upcoming Federal Reserve rate decision on November 7, Bitcoin appears poised to reach new all-time highs and potentially surge past $80,000. This marks the first time in five months that Bitcoin has crossed the $70,000 threshold.
Swan Shortie of the Day
Event of the Day
Bitcoin MENA 2024
Dates: December 9-10th
Location: Abu Dhabi
Bitcoin MENA is a major event focused on Bitcoin, specifically targeting the Middle East and North Africa (MENA) region.
The conference, set to take place in Abu Dhabi from December 9-10, 2024, will bring together global leaders, institutional investors, and enthusiasts from the Bitcoin community to explore opportunities, innovations, and challenges related to Bitcoin's growing influence.
Bitcoin MENA will feature keynote sessions, panel discussions, workshops, and networking opportunities, covering key topics like mining, finance, and emerging trends.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
Thanks for reading The Daily Bitcoiner! Subscribe for free to receive new posts and support my work.