- Bitcoin In a Nutshell
- Posts
- đź’Ą Lightning Is Exploding
đź’Ą Lightning Is Exploding
ALSO: Bitcoin Collective Beta Team; Bitcoin is Built Different; Livestream Event
Happy Friday - Here is your In A Nutshell from The Bitcoin Collective⚡️
Bear markets are a time for building and we've got something awesome brewing but we need your creativity and input. We’re inviting 15 people to come help us build out our new platform before going into beta. Want to be part of our beta team? Reply to this email “Collective” and we’ll be in touch✌️
This Week’s Big Stories
Bitcoin Is Built Different
Livestream: More Energy Isn’t Bad
Lightning Growth Is Exploding
Generated with Midjourney
đź’ˇ Bitcoin Is Built Different
Fidelity has released an updated version of their study "Bitcoin First" from Jan 2022. This is your one-stop shop for learning why Bitcoin is different to any other cryptocurrency.
TLDR
“As a monetary good, bitcoin is unique. Therefore, not only do we believe that investors should consider bitcoin first to understand digital assets, but that bitcoin should be considered first and separate from all other digital assets that have followed it.”
⚡️ Livestream: More Energy Isn’t Bad
There were no technical glitches… woohoo! Apart from Jordan forgetting he was on mute. We hosted our first livestream event this week with Alexander and Dylan from the Insititute of Risk Management and it has already received amazing feedback.
Generated with Midjourney
💥 Lightning Is Exploding… To The Up Side
River released a Lightning Network research report this week. Analysing and estimating the growth of the network.
TL;DR
6.6 million routed Lightning transactions - up 1,212% from 503,000 in 2021
$78.2 million was publicly routed - up 546% from $12.1m in 2021
🔥 What else have you missed?
1. JP Morgan seems a little confused. Last week “JPMorgan Chase UK imposes a ban on Bitcoin.” This week they have initiated coverage on 4 Bitcoin mining companies.
2. THNDR announces Clinch, an API for non-custodial, depositless, peer-2-peer wagering. Taking their first steps into the gambling market.
3. The World's Largest Podcaster, Joe Rogan says Bitcoin shows the most promise to emerge as “a universal viable currency.” He’s by no means an expert but with 190 million listeners per month, this is another Bitcoin touchpoint for them.
4. Stocks No; Bitcoin Yes. Paul Tudor Jones says he is bearish on US stocks and bullish on Bitcoin and gold.
🍾 Friday Fun
Crossword: “Lightning” is the theme this week but not necessarily to do with the Lightning Network - Play Here
🧞‍♂️ Your wish is our command
What did you think of today's email?Your feedback helps us create better emails for you! |
❤️ Share with Friends
If you like our newsletter, we'd love for you to let your friends know.
👉 To share via text, social media, or email? Just copy and paste this link:
https://bitcoincollective.co/newsletter
Until next week ✌️,
BC Team