⚡️ More Energy Isn't Bad

ALSO: America's Looming Debt Spiral; Block's Bitkey Beta

Happy Friday - here is your In A Nutshell from the Bitcoin Collective⚡️

This Week’s Big Stories
  • Bitcoin and the Energy Transition

  • America’s Looming Debt Spiral

  • Block’s Bitkey Beta

Source: The Bitcoin Collective

⚡️ Bitcoin and the Energy Transition: From Risk to Opportunity

Tackling the question “Bitcoin is bad for the planet” is tricky.

A paper published this week by the Insititute of Risk Management is the best we’ve seen at explaining this, whilst giving real-world examples. Don’t be put off by the length, this is a must-read!

And here’s the best part - we enjoyed it so much that we asked the authors to join us for an online live event with Q&A. Please help us share this event - it will be great for both Bitcoiners and newbies. We’re all about reliability and meeting people where they are.

🎥 Tuesday 10th Oct: Register for free (Only 100 spaces available)

17:30 BST | 12:30 ET | 09:30 PT | 19:30 AST

Source: Bloomberg

⚡️ America’s Looming Debt Spiral

Bloomberg is back at it again. A 6-minute mini-documentary about America’s debt. Do you have a friend who doesn’t quite know the problem that Bitcoin fixes yet? This is a good one to ease them in from a CrEdiBle source.

Total US debt is currently $33.477 trillion. It hit $33 trillion just 2 weeks ago and is set to rise by $1 trillion in 1 month! The US Debt Clock is an excellent tool.

Source: Block Inc.

🧊 Block’s Bitkey Beta

Block Inc. Founded by Jack Dorsey, has released the beta version of their hotly anticipated Bitcoin hardware wallet. Giving people their first in-person glimpse at the wallet.

“Bitkey is the safe, easy way to own and manage bitcoin. It’s a mobile app, hardware device, and a set of recovery tools, for simple, secure self-custody.”

👉 The team have been keeping a development blog as they build the product.

🔥 What else have you missed?

1. The FED are on Instagram. Want a laugh? Check out the comments section of their first Instagram post.

2. Volcano Energy launches the first Bitcoin mining pool in El Salvador with a Luxor Technology partnership.

3. Elon Musk calls fiat currency a scam. In response to a post saying “What’s a scam that’s so normalized that we don’t even realize it’s a scam anymore?”, Elon replied “Fiat currency”

4. Looking for a new car? You can now pay for a Honda with Bitcoin (and other cryptocurrencies) through FCF Pay. 

🍾 Friday Fun

We’re sticking to the theme of energy for this week’s crossword as we prepare for our upcoming event💡 Give it a bash

🧞‍♂️ Your wish is our command

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Until next week ✌️,

BC Team