TD₿: MicroStrategy's BOLD Bitcoin Play & the DEATH of Crypto! - (a Swan original video) with Hurley
TL;DR: Michael Saylor's MicroStrategy playbook is a reverse Ponzi scheme for the entire system.
Hey Bitcoiners,
Bitcoin has hit $97K, and MicroStrategy's bold strategy of using cheap debt to buy Bitcoin is making waves, turning it into a $100 billion company. Michael Saylor's approach showcases Bitcoin's unmatched value as an appreciating, immutable asset.
In today's video, Hurley dives into why altcoins are bleeding out, how MicroStrategy outperforms the market, and why Bitcoin represents freedom for 8 billion people.
Enjoy!
Tick tock next block,
The Swan Education Team
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Quote of the Day
“[Bitcoin] is the non-violent revolution that we have been hoping and praying for.”
- Erik Cason
Job of the Day
Lightning Protocol Engineer
Lightning Labs
Remote / Full Time
Engineering
We're seeking an experienced Systems Software Engineer versed in applied cryptography, peer-to-peer networks, distributed systems, open-source software, and cryptocurrency protocols.
This includes working on lnd[1] and neutrino[2], conducting novel cryptocurrency research, contributing to the design of BOLT[3] specifications, and helping create the next generation of smart contract applications on Bitcoin.
An ideal candidate would have a strong passion for Bitcoin and a desire to make using Bitcoin cheap, fast, and simple for everyone.
Roles
- Design and implement core Lightning Network (LN) protocols and algorithms
- Contribute to mission-critical peer-to-peer cryptocurrency daemons written in Go
- Collaborate with the greater team on the research and design of future iterations of LN
- Participate in issue triage and code review of open-source contributions to our various repos
- Communicate with the wider community and industry about our software and technology
Skills
- Strong engineering background with solid programming skills
- Experience in Go desired, C or C++ relevant as well
- Thorough understanding of the principles of distributed systems and peer-to-peer networking
- Solid engineering practices and processes, such as testing methodology and documentation
- Experience with Bitcoin, cryptography, and/or financial software
- Prior contributions to crypto protocols and open-source software collaboration preferred
- Quick learner, geared towards implementation
- Eager to develop new skills and willing to take ownership of projects
Check out our Github repos at https://github.com/lightningnetwork/lnd and https://github.com/lightninglabs/
[1] https://github.com/lightningnetwork/lnd
[2] https://github.com/lightninglabs/neutrino
[3] https://github.com/lightningnetwork/lightning-rfc
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
In the Headlines
Bitcoin Surges Past $97,000, Triggers $100M in Short Seller Liquidations
Bitcoin has surged past $97,000, setting new records and sparking optimism for an historic six-figure price. Discussions are underway to establish a White House role dedicated to Bitcoin policy, with industry leaders seeking direct access to the administration.
Sentiment is also buoyed by MicroStrategy's accelerated Bitcoin purchases and the debut of Bitcoin ETF options in the U.S.
Trump's campaign pledged to create a supportive Bitcoin regulatory framework and explore a strategic Bitcoin reserve and has likely played a significant role in the recent price action.
On This Day in Bitcoin History
2021 - El Salvador releases plans to build a Bitcoin city within the country
On November 21, 2021, El Salvador's President Nayib Bukele announced plans for "Bitcoin City," a circular, coin-shaped city powered by geothermal energy from the Conchagua volcano.
Designed as a hub for technological innovation, the city would operate with Bitcoin as its economic foundation. It would feature residential, commercial, and entertainment spaces, as well as an airport and port.
Bitcoin City would have no income taxes, relying instead on value-added tax (VAT) revenue, which would be split between infrastructure development and maintenance.
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
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