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- 🙋♂️ Ridin' Solo
🙋♂️ Ridin' Solo
ALSO: Winning The Bitcoin Lottery, The Most Popular Authoritarian, 30,000 US ATMs enable Bitcoin to Cash, The Bitcoin Bowl, 11 rules to keep your Bitcoin safe for generations
Happy Friday, In A Nutshell this week:
🇸🇻 The Most Popular Authoritarian
🤑 Easy Off-Ramp
🛹 The Bitcoin Bowl
…and much more
🚀⏰ Today’s news should be a ~3.02-minute read (431 words).
🧠 Quote Of The Week
“If I had asked the public what they wanted, they would have said a faster horse.”
– Henry Ford
🙋♂️ Ridin' Solo
This week, a solo miner managed to mine block 858,978, taking home a remarkable 3.275 Bitcoin block reward valued at roughly $200,000.
This is an extremely rare event as lone miners have a drastically lower chance of mining a block.
This miner became the 291st solo miner in Bitcoin’s history to win the Bitcoin lottery.
🇸🇻 The Most Popular Authoritarian
Nayib Bukele's leadership in El Salvador, characterised by his "iron fist" approach, has led to a controversial crackdown on crime but this week he’s front and centre of Time magazine.
“We call it the Great Rebranding. It was genius. We could have paid millions to a PR firm to rebrand El Salvador. Instead, we just adopted Bitcoin,” said an advisor.
El Salvador continues to purchase 1 Bitcoin per day.
🤑 Easy Off-Ramp
Global payments company NCR Atleos is launching Bitcoin cash out across +30,000 ATMs. This allows customers in the United States to receive cash for Bitcoin from their ATMs.
“One of the remaining barriers to greater bitcoin adoption by consumers has been the ability to move easily and effortlessly from bitcoin to cash without waiting days for transfers facilitated by ACH or dealing with the complexity of wire transfers.” - LibertyX general manager
🛹 The Bitcoin Bowl
A mini-documentary was released about Bitcoin Ekasi in a South African township.
If you’re interested in seeing what a Bitcoin circular economy looks like then this is a great 13 minute watch.
🔥 What else have you missed?
1. 11 rules to keep your Bitcoin safe for generations.
2. Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says. Disaster waiting to happen!
3. Why Texas Republicans are souring on crypto - Economist + rebuttal.
4. How to make family and friends listen to you about Bitcoin.
6. Buying groceries in Kenya with Bitcoin.
🧞♂️ Your wish is our command
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Until next week ✌️,
Jordan & The BC TeamI