Welcome to the Bitcoin Street Journal, Bitcoin
Market Update, the podcast that brings you daily
live updates on the ever -changing Bitcoin market.
Stay informed with our in -depth Bitcoin technical
analysis as we explore breaking Bitcoin headline
news, market capitalization, and market supply.
Get ready to dive into the world of Bitcoin and
stay ahead of the game. In today's episode, we'll
cover the new section, Notes from the Past, in
the Bitcoin Street Journal, Micro Strategies
Increasing Bitcoin Holdings. Recent developments
in El Salvador's Bitcoin adoption, buying shawarma
with Bitcoin Lightning in Argentina, the benefits
of the Lightning network, and an open source
decentralized publishing protocol offered by
Nostra. So, guys, listen up. We've got an exciting
new section on the Bitcoin Street Journal called
Notes from the Past. It's all about the managing
editor's recollections from his early days in
the computer field. Picture this. It's 1987,
and our editor is a fresh -faced 21 -year -old
ready to take on the world. Now let's dive into
the first installment, shall we? Buckle up, because
this one's a doozy. Our editor started his journey
at a company we'll call MicroSchlepp back in
December 1986. His gig, selling HP mainframe
stuff to those corporate bigwigs we now know
as CIOs, but back then they were called MIS.
Sounds pretty fancy, right? But here's the thing.
Our editor's managers were a unique bunch. Every
single one of them had fought in Vietnam together.
And get this, they were all related. Brothers
or cousins, you name it. Working there must have
felt like boot camp every single day. But hey,
our editor says it was the best education he
ever had. Go figure. So what did they do at Micro
Schlepp? Well, they sold HP to Fortune 500 companies
all around the globe. Big stuff. But there was
one tiny hiccup in our editor's career trajectory.
He found himself competing with colleagues who
were a good 10 to 15 years older than him. And
guess what? They had this annoying habit of stealing
his sales. Not cool guys. Now here's where it
gets interesting. Micro Schlepp had a break room
and you won't believe what was in there. An actual
beer vending machine. Yep, you heard that right.
You could grab a single can of bush beer for
just 50 cents. Our editor admits that sometimes
around 4 p .m. he would find himself fishing
for quarters to get his hands on that liquid
gold. Those were the days. But wait, there's
more. The head honcho, the big boss, the grand
pooba. He was quite the character. Rumor has
it this guy was constantly high on alcohol and
cocaine. Yikes. And one fine morning, he decided
to clean his service weapon while completely
wasted. Guess what happened? Well, the gun went
off by accident, firing a bullet that ended up
lodged in the ceiling. Can you believe it? Just
across from our editor's cubicle, imagine the
panic when one of his co -workers suddenly found
themselves covered in ceiling tile dust. Ah,
the memories. Now you might be wondering what
happened to the boss after such a dangerous mishap.
Well, brace yourself. Nothing happened at all.
Why? Because everyone was terrified of this guy.
I mean, he was the definition of a loose cannon.
Crazy, right? But fear not, my friends, because
our editor has promised to share more of these
wild stories from his micro schlep days in the
future. Trust me, there are plenty more where
that came from. Can't wait to hear all the juicy
details, can you? And here's the best part. The
Bitcoin Street Journal editor is eager to connect
with you. He's a storyteller at heart, so if
you fancy a good tale or just want to make a
new friend, drop him a DM on Nostr. Believe me,
he's all ears and ready to share more true stories
and notes from the early days of computing. So
stay tuned for the next podcast episode, folks.
We're in for a wild ride down memory lane. Now
let's dive into the exciting world of Bitcoin
and the latest news. First up, we have some big
news from MicroStrategy. They have added a whopping
5 ,445 Bitcoin to their treasury, bringing their
total holdings to an impressive 158 ,245 BTC.
That's quite a hefty amount, wouldn't you agree?
MicroStrategy definitely seems to have a bullish
outlook on Bitcoin and is confident in its future.
Speaking of Bitcoin, it has just confirmed its
900 millionth transaction. Can you believe it?
That's a huge milestone for the world's most
popular cryptocurrency. It goes to show just
how widely adopted Bitcoin has become and how
it continues to gain momentum in the financial
world. In other news, we have an interesting
development in the world of politics. Miguel
Albuquerque, a pro Bitcoin candidate, has emerged
victorious in the Medellin regional election.
This is a significant win for the Bitcoin community
and showcases the growing support for cryptocurrencies
in the political arena. But it's not just politicians
who are embracing Bitcoin. Even kids in El Salvador
are now paying for their happy meals using Bitcoin.
Yes, you heard that right. Bitcoin is becoming
more and more mainstream. And this recent development
exemplifies its growing acceptance as a legitimate
form of payment. And speaking of El Salvador,
Did you know that the country is currently experiencing
the highest tourism growth in the entire Western
Hemisphere? It seems like there's something special
about this nation that is attracting international
visitors. Could it be the government's pro -Bitcoin
stance and their efforts to make El Salvador
a Bitcoin -friendly destination? Well, it's definitely
possible. The country's forward -thinking approach
and openness to cryptocurrencies might just be
paying off. Now let's talk about the price of
Bitcoin. It's no secret that the cryptocurrency
market can be quite volatile, and Bitcoin is
no exception. Currently, Bitcoin is down 61 %
from its all -time high, ATH. Despite this drop,
MicroStrategy, as we mentioned earlier, keeps
buying more Bitcoin. They're showing some serious
conviction and faith in the long -term potential
of Bitcoin. It's quite impressive to see such
strong hands in the market, especially when others
might be tempted to sell during a downturn. MicroStrategy's
actions speak volumes about their belief in the
future of Bitcoin and its ability to bounce back.
In conclusion, the world of Bitcoin is always
full of surprises and exciting developments.
From major companies like MicroStrategy adding
to their Bitcoin holdings, to kids in El Salvador
using it to buy their happy meals, Bitcoin's
influence and acceptance continue to grow. The
recent political win of a pro -Bitcoin candidate
and El Salvador's booming tourism industry further
highlight the positive impact that cryptocurrencies
can have. And while Bitcoin may experience fluctuations
in its price, there are those like MicroStrategy
who remain steadfast in their belief that the
future of Bitcoin is bright. So keep an eye out
for more breaking news in the world of Bitcoin
as this digital currency continues to capture
the imagination of people worldwide. So I stumbled
upon this interesting article about buying shawarma
using bitcoins lightning network in Argentina.
How cool is that? It looks like escalator Bitcoin
is really doing some innovative stuff over there.
If you haven't heard of them, they're this awesome
organization dedicated to promoting Bitcoin adoption
and education. You can check them out at x .com
slash sqlite btc dot. They recently shared a
post link HTTPS slash x com sqlite btc slash
status. about the whole shawarma buying experience.
And let me tell you, it's pretty mind blowing.
But before we get into the details, I couldn't
help but notice something quite interesting in
the post. It seems like Michael Saylor and his
company MicroStrategy are really going all in
on Bitcoin. Talk about dedication. They just
keep accumulating more and more Bitcoin, leaving
the rest of us in awe. I mean, can you imagine
having that much Bitcoin? It's like they're trying
to single -handedly dominate the market. Good
for them, I guess. Back to the shawarma adventure.
So, apparently the folks at Esquilita Bitcoin
decided to take the Lightning Network for a spin
and see how it performs in real -world scenarios.
And what better way to test it out than buying
some delicious shawarma? I mean, who wouldn't
want to enjoy a mouthwatering shawarma while
also embracing the power of decentralized digital
currency? Now, I have to admit this episode wasn't
entirely focused on Bitcoin. Michael Saylor during
the discussion started talking about history
and even made an interesting comparison between
crypto forks and schisms within a religion. That's
a pretty unique perspective, I must say. It just
shows you how diverse and broad the world of
cryptocurrencies can be. There's always room
for interesting and unexpected discussions like
this. But let's dive into the main topic, buying
shawarma using the Lightning Network. It's fascinating
how these innovative technologies are revolutionizing
the way we make everyday purchases. Instead of
digging through your wallet for cash or swiping
your credit card, you can now simply scan a QR
code and zap your Bitcoin across the Lightning
Network. It's fast, it's secure, and it's a glimpse
into the future of transactions. One interesting
thing we learned from the article is that transactions
on weekends usually provide the lowest fees.
Isn't that great news for all the low time preference
value oriented frugal individuals out there?
It certainly puts a smile on my face. It's good
to know that we can save a few satoshis when
we choose shawarma Saturdays or Sundays. It's
the little things in life, right? Now if you
want to dive deeper into the dark art of Bitcoin
fee estimation, Jameson Lopp has written a fantastic
article on it. You can check it out at blog .lop
.net. It's quite informative and gives you a
detailed understanding of the challenges and
intricacies of transaction fee estimation. It's
not the most exciting topic for some, but for
those of us who are into the nitty -gritty details,
it's definitely worth a read. So, all in all,
this experience of buying shawarma using the
Lightning Network in Argentina is just another
example of how Bitcoin and its underlying technologies
are reshaping our world. It's a fun adventure,
an experiment, and a step towards a more decentralized
future. Who knows? Maybe one day we'll be buying
everything with Bitcoin and Lightning Network
from shawarma to cars to houses. The possibilities
are endless. So next time you're craving some
shawarma, why not give the Lightning Network
a try? Who knows? Maybe you'll end up being a
part of the Bitcoin revolution while enjoying
a tasty meal. Talk about killing two birds with
one stone, right? Hey there, Bitcoin maximalists.
Let's dive right into the topic of the Lightning
Network and its significance in the world of
Bitcoin. So we all know that one -time transactions
on the Lightning Network will eventually disappear.
But hey, that doesn't mean we should turn a blind
eye to the beauty of this technology, right?
The Lightning Network brings with it the potential
for a whole new level of efficiency. We're talking
about per message transactions, which means that
relays are motivated to maintain 100 % availability.
In this per -message model, it doesn't matter
how influential a particular relay is to users
from a different part of the world. If they aren't
online when you open your client or post a note,
you won't be sending them any SATs. It's simple.
You pay for what you use, no more and no less.
And guess what? Lightning Network makes this
possible. And here's some good news. Just like
podcasting, 2 .0 enthusiasts have managed to
split SATs with show guests, featured artists,
and backend service providers, Noster can do
the same. It's all about embracing the concept
of value for value. Every participant in the
ecosystem deserves their fair share. So let's
bring this mindset to Noster as well. The more
we can spread the value across the network, the
better it will be for everyone. Now let's take
a moment to talk about traditional banks. It's
no secret that the rise of cryptocurrencies,
especially Bitcoin, has put them in a tough spot.
Banks are facing the reality that they might
not make it in a world where Bitcoin reigns supreme.
And you know what? It's not surprising. The centralized
nature of traditional banking goes against the
principles of decentralization that Bitcoin stands
for. Bitcoin, with its open, transparent and
secure infrastructure, presents a true alternative
to the traditional financial system. It offers
a peer -to -peer network where users can be in
control of their own funds, free from the restrictions
and fees imposed by banks. The power of Bitcoin
lies in its ability to provide financial sovereignty
to individuals around the globe. So as Bitcoin
maximalists, we can confidently say that the
future is bright for this digital currency. It
has the potential to revolutionize the way we
transact, store value, and even govern ourselves.
It's a disruptive force that challenges the existing
financial order and opens up new possibilities
for financial inclusion. But let's not get ahead
of ourselves. While Bitcoin has made significant
strides, it still has a long way to go before
it becomes the primary mode of exchange for the
masses. We need to continue pushing for technological
advancements, user -friendly interfaces, and
wider adoption. The more people understand and
embrace Bitcoin, the stronger it becomes. In
conclusion, let's not ignore the incredible potential
of the Lightning Network. Its per -message model
incentivizes relays to strive for 100 % availability,
which brings us closer to a truly efficient and
decentralized financial ecosystem. Nostr, like
Podcasting 2 .0, can adopt a value -for -value
approach to ensure fair distribution of rewards.
As for traditional banks, well, they might have
a tough road ahead. Bitcoin's decentralized nature
stands in stark contrast to the centralized systems
of traditional finance. It's time for us to embrace
the power of cryptocurrencies like Bitcoin and
shape a financial system that is fair, transparent,
and accessible to all. Keep spreading the word,
Bitcoin maximalists. Together, we can bring about
a new era of financial freedom. Hash Bitcoin.
Hey there. Worried about the security of your
private keys on Nostr? Well, I totally get your
concern, but let me just put it out there. You've
already entrusted your credit card information
to numerous websites without even batting an
eye. And let's not forget about how freely you
share your private data on platforms like Facebook
and TikTok. So don't fret too much. Now, if you're
still feeling a bit uneasy, I've got a suggestion
for you. Check out NSECE Bunker. It's a great
platform that provides an extra layer of security
for your private keys. You can give it a try
by creating a new test account with a new client.
Problem solved. See, it's not that complicated
after all. Let's dive a little deeper into Nostr.
So, what does Nostr even stand for? Well, it
stands for notes and other stuff transmitted
by relays. But wait, what exactly is Nostr? It's
actually a simple and open protocol that allows
for truly censorship -resistant and global value
-for -value publishing on the web. Think of it
like HTTP or TCPIP, but specifically designed
for decentralized publishing. Here's the thing,
though. Nostr itself is not an app or service
that you sign up for. Instead, it's an open standard
upon which anyone can build. The beauty of Nostr
lies in its simplicity, enabling anyone to publish
content on the web without worrying about censorship
or centralized control. It's all about empowering
individuals to share their ideas and creations
freely. If you want to learn more about Nostr,
I recommend checking out nostr .how. There, you'll
find all the information you need to get started.
So, go ahead and explore the possibilities of
this amazing protocol. Alright, that's it for
today's episode. Remember to like share and subscribe
to our podcast for more insightful discussions
Until next time stay curious and thank you for
tuning in In this episode we discussed a new
section of the Bitcoin Street Journal featuring
recollections from the managing editors early
days in the computer field MicroStrategy's continued
accumulation of Bitcoin, the growth of Bitcoin
adoption in El Salvador, the benefits of the
Bitcoin Lightning Network, and Noster's offerings
for secure key storage and decentralized publishing.
Thank you for tuning in to the Bitcoin Street
Journal Bitcoin Market Update, your go -to source
for daily live Bitcoin market updates, current
Bitcoin technical analysis, BTC price fluctuations,
market capitalization, and market supply. Make
sure to subscribe and join us for our next episode.