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ALSO: BlackRock Reveals Itās Quietly Preparing For A $35 Trillion Crisis, RFKās Letter to The Economist, Bhutan Stackinā Bitcoin, The world's first Bitcoin-backed business school.
Happy Friday, In A Nutshell this week:
š Is Microstrategy The New McDonaldās?
š RFKās Letter to The Economist
š§š¹ Bhutan Stackinā
ā¦and much more
šā° Todayās news should be a ~3.29-minute read (526 words).
š§ Quote Of The Week
āToday, our very survival depends on our ability to stay awake, to adjust to new ideas, to remain vigilant and to face the challenge of change.ā
ā Martin Luther King, Jr.
š McMicrostrategy
You probably think McDonaldās is all about Big Macs and fries, right? Well, what if I told you its secret sauce is actually in real estate?
McDonaldās uses physical land, while MicroStrategy banks on the finite nature of Bitcoin to build āmoatsā for the long term.
š RFKās Letter to The Economist
Robert F. Kennedy Jr. is defending the Bitcoin mining industry from its chorus of media critics concerned about the industryās impact on the environment.
In a letter to The Economist, Kennedy took issue with the publicationās characterisation of the environmental impact of Bitcoin mining, writing that an energy system inclusive of miners is āfar less carbon-intensive than a system with less renewable generation and āpeakerā plants.ā
š¤ The Antidote to Social Media Censorship?
What if there was a social media platform owned not by Mark Zuckerberg, Elon Musk, or the Chinese Communist Party, but by everybody and nobody all at once?
The alternative exists, and it's called Nostr. (5 min watch)
š§š¹ Bhutan Stackinā
Bhutan holds 13,029 Bitcoin, valued at approximately $758 million, surpassing El Salvador, which holds 5,875 BTC worth $331 million.
The Bitcoin holdings are reportedly linked to the Kingdom of Bhutanās investment arm, Druk Holdings and Investments (DHI), which has been mining Bitcoin using the countryās abundant hydroelectric power.
š„ What else have you missed?
1. El Salvador will not spend more than it produces after 2025.
2. MicroStrategy buys 18,300 bitcoin for $1.1 billion, taking holdings to 244,800 BTC
3. The world's first Bitcoin-backed business school.
4. Donald Trump āmakesā his first Bitcoin Transaction at an NYC bar.
5. The Bitcoin ETF as a "unique diversified", BlackRock.
6. BlackRock Reveals Itās Quietly Preparing For A $35 Trillion Federal Reserve Dollar Crisis With Bitcoin.
š§āāļø Your wish is our command
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Until next week āļø,
Jordan & The BC TeamI