Friedensfahnen

• Perth Heat, the Australian Baseball League’s most successful team, announced a new partnership with Bitrefill, Wallet of Satoshi and IBEX that rewards fans in bitcoin every time a player steals a base or hits a home run.
• This innovative fan interaction system brings further excitement to thrilling moments in games by allowing fans to scan a QR code on the game stream or social media channels when a player makes an impressive play.
• The baseball team made headlines earlier this year when they adopted a Bitcoin standard and integrated Lightning, becoming the first professional sports team to do so.

Perth Heat Rewards Fans in Bitcoin

The Perth Heat, the Australian Baseball League’s most successful baseball team, has announced a new partnership that rewards fans in bitcoin every time a player from Perth Heat steals a base or hits a home run.

Innovative Fan Engagement System

The partnership with Bitrefill, Wallet of Satoshi and IBEX will allow fans to “Steal Sats” by scanning a QR code displayed on the game stream or on the team’s social media channels when a player makes an impressive play. Fans will receive their reward instantly after scanning the code with a Lightning-enabled wallet, introducing a novel fan interaction system that brings further excitement to thrilling moments in games.

Bitcoin Standard Adopted

The baseball team made headlines in 2021 when they adopted a Bitcoin standard and integrated Lightning, becoming the first professional sports team to do so. Afterwards, the Heat proved their desire to further integrate Bitcoin, widely introducing Lightning services to their stadium and fan experiences. The team then announced “sats4stats,” which is way to boost fans’ favorite players through the Lightning Network. The latest introduction of Stealing Sats is simply another innovation for them using Bitcoin and Lightning.

Partners’ Excitement

Ry Sterling, business development at IBEX said they seek to play role revolutionizing fan engagement through their program while Chris Pavlesic from Bitrefill mentioned how Stealing Sats allows fan participate in game in whole new way. Daniel Alexiuc CEO at Wallet of Satoshi added his enthusiasm towards Stealing Sats with Perth Heat and how it demonstrates that Bitcoin is easy for everybody.

Conclusion

The latest introduction of Stealing Sats by Perth Heat is another example of how teams are integrating bitcoin into their operations and offering exciting opportunities for their fans

• TBD, a Bitcoin-focused subsidiary of Jack Dorsey’s Block, has announced c=, a new Lightning Network business.
• The purpose of the company is to provide infrastructure using bitcoin from Block’s treasury to make Bitcoin’s Lightning Network more usable and reliable for developers, businesses, and their end consumers.
• In 2022 when Square was renamed to Block TBD’s mission became bridging the old to the new with open protocols and open standards that all can benefit from.

TBD Launches New Lightning Network Business

TBD, a Bitcoin-focused subsidiary of Jack Dorsey’s Block, has announced c=, a new Lightning Network business. The purpose of c= is to provide infrastructure using bitcoin from Block’s treasury in order to make Bitcoin’s Lightning Network more usable and reliable for developers, businesses (such as merchants that accept Lightning payments), and their end consumers.

Benefits for Node Operators

Operating a node on the Lightning Network requires connections; c= provides node operators — whether they are bitcoin wallets, individuals or other entities that want to use the network — with valuable connections and liquidity so transactions via Lightning can happen without having to rely on an intermediary. Additionally, c= will collaborate with developers in order to provide even more efficient routing and liquidity through APIs and services.

TBD Mission Since Renaming

In 2022 when Square was renamed to Block TBD’s mission became bridging the old to the new with open protocols and open standards that all can benefit from. With this entrance into Bitcoin’s second-layer scaling protocol, TBD now has a major presence in lightning infrastructure.

Statement by Nick Slaney

Nick Slaney lead at c= stated: “The Lightning Network is the future of bitcoin transactions but it’s still new and it can be hard to get liquidity where you need it to send receive your payments” “We’re excited to use the bitcoin in our treasury grow the lightning network our company in mutually beneficial way.”

Conclusion

This move into lightning infrastructure marks another milestone for TBD as they seek bridge old technologies with blockchain solutions that benefit everyone involved in cryptocurrency economy.

• Bitcoin is an entire techno-socio-economic transformation, a reinvention of money from the ground up and incompatible with any prior primitives.
• It has the potential to become the single most liquid and valuable “unit of value” on Earth if it’s proven to be superior across every dimension important for money.
• Such a transformation is a big deal, as becoming global money will not be a short or easy process.

Bitcoin: A Techno-Socio-Economic Transformation

Bitcoin is much more than just another technology – it’s an entire techno-socio-economic transformation. It’s a reinvention of money from the ground up, incompatible with any prior primitives. If it proves to be superior across every dimension important for money, then it could become the single most liquid and valuable “unit of value” on Earth. However, such a transformation is no small feat; becoming global money will not be a short or easy process.

The Benefits & Hurdles

The potential upside of this shift is immense; if fixed in supply, Bitcoin could revolutionize how we measure everything from stocks to properties to handbags. Additionally, its incompatibility with existing systems makes it an entirely different kind of paradigm shift that could completely replace traditional forms of currency. Despite these potential benefits however, there are also many hurdles along the way – transitioning into global money will require huge amounts of time and effort before it can reach its full potential.

A New Perspective

As Bitcoiners have become notorious for overestimating how quickly Bitcoin will become widely adopted as money, I am attempting to add some realism and lower my expectations in order to see this journey through until completion. This requires patience and humility but also confidence in Bitcoin’s ability to succeed over the long term.

The Long Game

By taking a longer view on things and having faith in Bitcoin’s ultimate success, we can better appreciate all that needs to happen behind the scenes before widespread adoption takes place – everything from infrastructure development to regulatory guidance must first take place before reaching mainstream acceptance levels worldwide!

Conclusion

While some may think that I’m giving up on my belief in Bitcoin by being more realistic about its future prospects – what I’m really doing is maturing my perspective on its place within our socio-economic system and understanding that success won’t happen overnight but rather over time with dedication and hard work!

• Michael Lewis, best-selling author of “The Big Short” and other titles, will be joining the Bitcoin 2023 Conference to discuss his perspective on financial structures and Bitcoin.
• The conference is hosted by Bitcoin Magazine and has been a platform for breakthrough announcements in the Bitcoin industry.
• Attendees interested in hearing Lewis speak can purchase tickets at B.tc/conference.

Michael Lewis at Bitcoin 2023

Best-selling author of “The Big Short,” “Moneyball,” “Flash Boys,” “Liar’s Poker” and “The Premonition,” Michael Lewis will feature in a fireside chat at the upcoming Bitcoin 2023 conference in Miami, happening May 18-20.

About Michael Lewis

Lewis’ works have been critically acclaimed as both entertaining and accurate depictions of the monolithic financial structures that dictate our world. He offers a unique point of view through the eyes of his real life characters on the motion of the society, and perhaps his most well known work amongst Bitcoiners would be “The Big Short,” in which he describes the impact of the economic crisis in 2008 — along with mentioning Bitcoin. Currently, Lewis hosts a podcast called “Against The Rules” which recently premiered a new monthly series titled, “On Background” featuring interviews with experts to provide background context on the world the characters in his book inhabit.

Excitement For Lewis’ Appearance

“We’re thrilled to have one of the best-selling authors of all time speaking at Bitcoin 2023,” says Pete Rizzo, Chief Content Officer at Bitcoin Magazine. “Michael has spent his career writing stories about those who dared to dream of a better financial industry and we hope to make clear Bitcoin is building that bright future.” Mike Germano, President of BTC Inc., described how the company “is thrilled to be able to provide to our community yet another big speaker that has a lot to offer and perhaps show us the way we are succeeding or failing in understanding bitcoin adoption, the mission that we all have committed to.”

Bitcoin 2023 Conference

Bitcoin 2023 is the world’s largest annual Bitcoin conference, hosted by Bitcoin Magazine. The conference has become a platform for breakthrough announcements in the Bitcoin industry. In addition to that, these fireside chats are an instrument for critical thinkers to discuss adoption and its impact on society as well as cultivate healthy dialogs on related topics.

Purchasing Tickets

Bitcoiners who are interested in attending the conference can purchase tickets at B.tc/conference

Introduction

The Nigerian economy has been in a state of flux since the introduction of the Central Bank Digital Currency (CBDC) known as the eNaira. The government’s restrictions on cash withdrawals – limiting them to $225 per week or 100,000 naira – is an example of their attempt to drive consumers towards alternative options like the CBDC.

Central Bank of Nigeria’s Intentions

Godwin Emefiele, Governor of the Central Bank of Nigeria, believes that introducing the CBDC will ensure more people are financially included and help keep pace with changing global trends. However, many Nigerians have found that this policy has resulted in a situation where individuals are being “un-banked” rather than “banking the unbanked”.

Financial Control

The well-informed youth of Nigeria recognize that these regulations are actually about gaining financial control over citizens through a cashless policy. With complete control over citizens’ finances, they can position their surveillance CBDC eNaria as the final destination for all transactions.

Opposition To Government Restrictions

Many Nigerians have taken to social media to voice their opposition to these policies, such as Oluwasegun Kosemani who tweeted on February 2nd, 2023 just two days after a deadline set by CBN for old naira notes to be returned: “I just spent 1000 Naira from my Naira @Mastercard by @gtbank to buy 10,000 Naira cash from a @palmpay_ng POS. The Nigerian government is intentionally forcing its citizens into a cashless Keynesian economy while they position their surveillance CBDC – eNaria as final destination.”

Conclusion

In conclusion, it is clear that these restrictive policies are implemented not only with intent to increase financial inclusion but also with an intention to gain more control over citizens’ finances by pushing them toward adopting digital currency options like eNaria.

• Bitcoiners are at a mere .01% penetration, meaning only 250,000 out of 2.2 billion people have adopted Bitcoin.
• The author believes that the masses must understand Bitcoin in order to vote with their money and opt out of fiat currencies.
• Despite trying to convince his family and friends about his epiphany on Bitcoin, the author failed due to “Force Pilling”.

Understanding Bitcoin Adoption

Bitcoiners are currently at an incredibly low .01% adoption rate. This means out of 2.2 billion total people, only 250,000 have been convinced to become Bitcoiners. The number could be higher or lower than .01%, but it is still incredibly low considering how much potential there is for cryptocurrency adoption.

The Opportunity To Build A Fair System

As Bitcoiners, we believe that the old system is broken and have an opportunity to build a new one – one that will remain long after we are gone. In order for this new system to work, we need to defund fiat by giving people the chance to vote with their money and opt-out of it.

Origin Story: Trying To Spread The Word

The author reflects on how difficult it is for him to see the world through a non-Bitcoiner’s perspective anymore because he has always thought this way about cryptocurrency since he can’t remember how he viewed the world before being a Bitcoiner himself. He then tries convincing those closest to him about his epiphany on bitcoin but fails due to what he calls “Force Pilling.”

Bitcoin Fixes Everything

The author truly believes that bitcoin can fix everything – from climate crisis and inflation crisis, all the way down to food crisis and authoritarian crisis (and even shitcoin crisis). He wants everyone else to see what he sees so they don’t miss out on this blue ocean of opportunity when the current system collapses.

Conclusion

Ultimately, understanding bitcoin adoption comes down to educating others about its capabilities in order for them make an informed decision about whether or not they want opt-out of fiat currency and invest in cryptocurrency instead. With knowledge comes power – so let’s spread our wisdom as far as possible!

• Twitter is reportedly preparing for payments, potentially including bitcoin and other crypto.
• Elon Musk has expressed interest in adding crypto to the platform’s payment system.
• Twitter is currently applying for regulatory licenses in preparation for their payment system.

Twitter Preparing For Payments

Twitter is reportedly prepping to begin facilitating payments through the app, with a small team already mapping out the architecture needed to enable this functionality. According to a Financial Times report, Elon Musk has stated that he wants fiat payments prioritized first but also made with the ability to enable cryptocurrency later on.

Elon Musk Open To Crypto

Elon Musk has previously accepted Bitcoin for his Tesla electric vehicles, but later retracted the ability due to concerns about renewable energy. However, it appears he remains open to potential interoperability between Twitter and cryptocurrency in the future. Musk has reiterated since his taking over of the social media firm that he wants to see it become more of a generalized “super app” which would benefit greatly from increased functionality of cheap, instantaneous payments using a platform like Bitcoin Lightning Network.

Testing Bitcoin Tipping

Twitter previously tested “tipping” through Jack Mallers’ Strike via the Bitcoin Lightning Network, later adding the ability for users to add a Bitcoin address directly receive tips. This could be seen as an indication that Twitter may eventually move into full-fledged crypto payments on its platform depending on how they choose to develop their payment infrastructure going forward.

Regulatory Licenses

Twitter has reportedly begun applying for regulatory licenses across the U.S., likely in preparation for their payment system launch sometime down the line. It remains unclear at this time what form these regulations will take and if crypto or other alternative forms of payment will indeed be included in this framework going forward, but it appears that preparations are underway nonetheless.

Conclusion

While not much can be conclusively said at this point regarding Twitter’s plans regarding crypto and other alternative forms of payment on its platform, it appears that some groundwork is being laid down behind-the-scenes which could eventually lead to some interesting developments concerning digital currency use on one of today’s most popular apps and websites

• New Hampshire’s Commission On Cryptocurrencies and Digital Assets has recommended that the NH Department of Energy review how bitcoin mining operations could be integrated into a statewide energy plan.
• This recommendation was part of an executive order issued by Governor Sununu in February 2022, which sought to make New Hampshire an attractive jurisdiction for financial services innovation.
• Texas recently released a similar report encouraging lawmakers to make bitcoin an authorized investment for the state and give tax incentives to local BTC miners, indicating that American states are increasingly considering the benefits of embracing bitcoin.

New Hampshire’s Commission On Cryptocurrencies And Digital Assets

New Hampshire (NH) Governor Chris Sununu created a commission via executive order back in February 2022, titled “Commission On Cryptocurrencies And Digital Assets”. The purpose of this commission was to assess how bitcoin mining operations might be integrated into a statewide energy plan with positive impacts on the electricity system such as contributing to a more stable electricity grid, more sustainable generation projects, and lower costs for consumers generally.

Texas Work Group On Blockchain Matters

A couple of months after the creation of New Hampshire’s commission, Texas released a report titled “Texas Work Group On Blockchain Matters” directed at members of the Texas legislature. This report recommended making Bitcoin an authorized investment for the state while giving tax incentives to local BTC miners.

States Considering Benefits Of Embracing Bitcoin

The reports from both New Hampshire and Texas suggest that further research is needed into Bitcoin and indicate that American states are increasingly considering its potential benefits when it comes to financial services innovation. Additionally, regulation is necessary in order protect consumers from potential risks associated with cryptocurrency investments.

Advocacy For Continued Inquiry Into How States Can Integrate The Technology

It is important for those involved in Bitcoin or who have ties to state legislature to advocate for continued inquiry into how states can integrate this technology effectively. States often have greater agility than federal government when it comes to adopting new technologies and could lead the way for other states in terms of Bitcoin adoption if they decide to follow these recommendations.

Conclusion

The findings from both New Hampshire’s Commission On Cryptocurrencies And Digital Assets and Texas’ Work Group On Blockchain Matters suggest that American states are increasingly considering how they can benefit from embracing Bitcoin as part of their financial services innovation strategies. It is important for those involved with state legislative or connected with Bitcoin ecosystem advocacy efforts continue pushing forward these conversations so that states can benefit from this technology effectively.

• Mark Maraia, a professional development author and Bitcoin researcher, has been studying Bitcoin since 2020 and has noticed the vibrant community on Twitter.
• He has had a Twitter account since 2009 but has never used it, seeing it as a huge time and productivity drain and one of the worst addictions of our age.
• On a recent podcast, the host and guest both admitted to having Twitter addictions and discussed the challenges of managing one’s time on the platform.

Mark Maraia has been a professional development author and Bitcoin researcher since 2020, and since then he has noticed a strong, vibrant community on Twitter. Dubbed “Bitcoin Twitter,” this online “country” has its own language, culture, and customs that make it stand out from the rest of the social media world. While Maraia has had a Twitter account since 2009, he has never used it to actually tweet.

This is because he sees social media as a huge time and productivity drain and, for many Boomers like himself, one of the worst addictions of our age. He is not alone in this sentiment as was made obvious in a recent “TFTC” podcast episode. Host Marty Bent and guest Ryan Breslow, the CEO of BOLT, discussed the challenges of managing one’s time on Twitter, both of them admitting to having Twitter addictions.

Breslow described his personal challenge as managing his time on the platform, as he used to check it randomly and often everyday, a habit which gives a dopamine hit and keeps all of us hooked on the technology. It is a difficult challenge to overcome, as there is no silver bullet approach. As Breslow pointed out, it is hard to resist the appeal of something that’s always available and just one button away.

Maraia’s compromise has been to join Telegram, a platform that he finds to be the perfect middle ground for him. However, he still feels excluded from the Bitcoin Twitter community, as he has great ideas to contribute but they won’t be heard unless he becomes more active on Twitter. This is a dilemma that many face, as it is hard to break the addiction when we are constantly surrounded by the temptations of technology. The only solution is to be mindful of our time and to actively manage our addiction.

• The author, Arman The Parman, is proposing a sats symbol made up of a reverse “S” and vertical strikethrough to represent the 21 million Bitcoin hard supply cap.
• The symbol is a vertically-reversed dollar sign, representing the anti-dollar, or dollar-killer.
• The response to the proposed symbol has been overwhelmingly positive, and some have suggested that the reverse “S” and strikethrough represent the first and last letters of “Satoshi.”

Arman The Parman, a Bitcoin educator passionate about privacy, is proposing a new symbol to represent the sats. The symbol is made up of a reverse “S” and vertical strikethrough to represent the 21 million Bitcoin hard supply cap. The reverse “S” and strikethrough together also make 21, referencing the 21 million Bitcoin hard supply cap. The symbol is a vertically-reversed dollar sign, representing the anti-dollar, or the dollar-killer. This is an attempt to create a universally agreed upon symbol for the sats.

The response to the proposed symbol has been overwhelmingly positive. People have expressed that it is a beautiful and poetic solution to the problem of finding a symbol for the sats. Some have also suggested that the reverse “S” and strikethrough represent the first and last letters of “Satoshi.” Additionally, others have noted that the symbol contains elements of Knut Svanholm’s “infinity” divided by 21 million meme.

The symbol is also practical. An actual “2” was suggested instead of an “S” but that can look a little messy when written in front of actual numbers, and is unlikely to get as much support as the inverted dollar sign. The author believes that this symbol is the most likely to be accepted unanimously because it is visually pleasing and has meaningful symbolism.

The symbol proposed by Arman The Parman is a creative and meaningful solution to the sats symbol problem. It is a symbol that is both aesthetically pleasing and has meaningful symbolism, making it a likely candidate for the unanimous choice for the sats symbol.