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 Bitcoin BTC headline news,
market capitalization, and market fluctuation.
Get ready to dive into the world of Bitcoin and
stay ahead of the game. In today's episode, we'll
cover Anchor Watch's funding for Bitcoin insurance,
Tech Petrol's Bitcoin mining plans, the statement
from the SEC chair regarding Bitcoin security,
Costco selling gold bars, the Human Rights Foundation's
Bitcoin donations, Marathon's mining pool bug,
Bitcoin's projected value of $100 ,000 according
to Steve Wozniak, Ray Dalio's thoughts on Bitcoin,
Michael Saylor's belief in Bitcoin, Warren Davidson's
desire to remove the SEC chair, the use of Lightning
Network for payments. a Bitcoin transaction to
a refugee, the dispute between Orange Pill app
and Orange Group, the importance of controlling
your own keys on BlockFi, contributing to Nostr
and its various features, and the revolutionary
sponsorship models of Nostr's apps and value
for value podcasting. Hey there, folks. I've
got some exciting news for you today. Anchor
Watch, a company in the crypto space, just announced
that they've secured a whopping $3 million in
funding. This funding round was led by 1031,
and it's going to help Anchor Watch launch their
brand new software called Trident Vault. What's
the software all about, you ask? Well, it's specifically
designed to provide tailored insurance for all
you Bitcoin holders out there. In other news,
we've got something interesting happening in
the world of oil. Tech Petrol, an oil conglomerate,
has decided to get into the Bitcoin mining game.
But here's the twist. They're planning to utilize
vented gas from the site of the world's second
largest shale reserves. Talk about a creative
way to harness energy and mine Bitcoin. Now,
let's dive into the world of Bitcoin's cryptographic
security. Ever wonder how Bitcoin ensures the
safety and integrity of its transactions? Well,
it's all thanks to cryptography. Bitcoin uses
complex cryptographic algorithms to secure its
network and protect your digital assets. This
technology ensures that your transactions are
safe, and cannot be tampered with. So next time
someone asks you how Bitcoin keeps your funds
secure, you can impress them with your knowledge
of its robust cryptographic security. Breaking
news alert. The chairman of the United States
Securities and Exchange Commission, SEC, Gary
Gensler, just made a statement about Bitcoin.
And guess what? He declared that Bitcoin is not
a security. Boom. This statement holds tremendous
significance for the crypto industry as it clarifies
the regulatory status of Bitcoin in the eyes
of the SEC. Gensler's words carry weight, and
this statement provides further validation to
Bitcoin's standing as a distinct digital asset.
On a different note, let's talk about a surprising
discovery at, of all places, Costco. Yes, you
heard that right. Costco, the retail giant, is
selling gold bars. It's intriguing to see Costco
stepping into the precious metals market alongside
its regular offerings. And right alongside the
mention of gold, we have to mention Bitcoin as
well. Both assets have been frequently discussed
in recent years and their place in the world
of finance continues to evolve. Exciting times,
my friends. We've covered some big news stories
in today's podcast script from Anchor Watch's
funding success. To Tech Patrol's innovative
Bitcoin mining plans with vented gas, the crypto
industry never ceases to amaze us. And let's
not forget about Gary Gensler's statement and
the intriguing development with Costco selling
gold bars. It's safe to say that the world of
cryptocurrencies and related assets is full of
surprises. That wraps up today's episode. Thanks
for tuning in and be sure to stay updated for
more exciting news, developments and discussions
in the world of Bitcoin and beyond. Until next
time, folks. So guess what? The Human Rights
Foundation has made a really awesome move. They
recently donated around 19 BTC, which is equivalent
to a whopping $505 ,000 through their Bitcoin
Development Fund to support 15 projects all around
the world. Talk about making a difference. These
guys have been on a roll since the beginning
of 2020, backing over 95 projects globally and
contributing an incredible sum of more than $3
.2 million in both USD and BTC. That's some serious
dedication to making the world a better place.
Now, let's talk about something interesting that
happened recently. Marathon, a company involved
in Bitcoin mining, uncovered a bug in their experimental
development pool. And guess what? This bug led
to the mining of an invalid block. Oops, that's
not good news. But hey, the beauty of the Bitcoin
network is that it effectively rejected this
anomaly. Phew. So in the end, everything seems
to be working smoothly and securely. Bitcoin,
you never fail to impress us. Now picture this.
You're sitting at a family gathering and your
relatives ask you, the Bitcoin enthusiast, about
how your crypto thing is going. Well, my friend,
you can confidently respond by sharing some super
cool news. The Human Rights Foundation's Bitcoin
Development Fund has just awarded grants totaling
more than $500 ,000. Isn't that amazing? These
grants are supporting a wide range of initiatives
from Bitcoin core development to global education.
With these grants, the foundation is truly empowering
change on a global scale. Isn't it great to see
Bitcoin being used for such impactful purposes?
It's all about making the world a better place.
Hey, did you hear what Apple's co -founder Steve
Wozniak said? Brace yourself because this is
exciting. Steve Wozniak expects Bitcoin to reach
a mind -blowing $100 ,000. Wow, that's quite
a prediction coming from someone as influential
as him. It just goes to show how much potential
Bitcoin holds and how people from all walks of
life are recognizing its value. Now let's switch
gears and listen to the wise words of billionaire
investor Ray Dalio. In a recent talk, he delved
into the topic of Bitcoin and the competition
of money. You know what they say, when someone
with such immense wealth and success shares their
insights, it's definitely worth paying attention.
So go ahead and tune into this fascinating conversation
where Ray Dalio explores the future of money
and how Bitcoin fits into the equation. Trust
me, it's going to be an eye -opening discussion.
And that wraps up our conversation for today.
We've covered exciting news about the Human Rights
Foundation's Bitcoin Development Fund, Steve
Wozniak's optimistic prediction for Bitcoin,
and Ray Dalio's perspective on the competition
of money. Make sure to stay tuned for more updates
and insights into the world of Bitcoin and cryptocurrency.
Until next time. He saw the potential of this
digital currency long before most people even
knew what it was all about. Back when he started
spreading the word about Bitcoin, many dismissed
it as a passing fad or a mere speculative investment.
But Saylor knew better. He understood the groundbreaking
technology behind Bitcoin and the transformative
power it held. Now let's fast forward to the
present day. Suppose you're a Bitcoin enthusiast
and your family and friends ask you about your
crypto endeavors. They might be curious or even
skeptical, not fully grasping the potential and
value of Bitcoin. In such situations, it's easy
to get frustrated, especially when you hear remarks
like, how's your crypto thing going? But here's
the deal, my friend. Instead of losing your cool,
it's essential to stay calm. and educate those
around you about the immense possibilities that
Bitcoin offers. Now, there's been some buzz in
the news about Congressman Warren Davidson's
proposed SEC Stabilization Act, which aims to
remove Gary Gensler from his position as the
SEC chair. For those who don't know, Gary Gensler
has been quite involved in the regulatory aspects
of cryptocurrencies. His stance and decisions
have often been a topic of debate within the
crypto community. And now, with this proposed
act, Davidson hopes to bring some changes to
the regulatory landscape surrounding digital
assets. Switching gears, let's travel to Buenos
Aires, Argentina. Imagine paying for a haircut
using the Lightning Network, a second -layer
solution that enables faster and cheaper Bitcoin
transactions. Yes, you heard that right. Buenos
Aires has embraced the Lightning Network and
people are already reaping its benefits. Imagine
the convenience of using Bitcoin to pay for everyday
goods and services, making transactions faster
and hassle -free. It's exciting to witness how
cryptocurrencies are gradually permeating our
daily lives. Oh, and here's something intriguing
that happened recently. Picture this. A reporter
in the United States sent Bitcoin to a Ukrainian
refugee living in Poland. What's remarkable is
that the recipient was able to withdraw the Bitcoin
as cash in less than three minutes. This stunning
display of the global nature and accessibility
of Bitcoin highlights its potential to empower
people across borders. It opens up avenues for
financial inclusion and offers a decentralized
alternative to traditional banking infrastructure.
Now let's delve into a peculiar situation involving
Orange Pill App Inc. and Orange Group. It seems
they're not seeing eye to eye over the use of
the word orange. Yes, you heard that right. Not
the fruit, but the word itself. Intellectual
property disputes can be intriguing, but when
it involves the word orange, it takes things
to a whole new level. We'll have to wait and
see how this colorful clash unfolds and what
it means for both parties involved. In conclusion,
Bitcoin is a force to be reckoned with. Michael
Saylor recognized its potential long before it
became mainstream. And with each passing day,
Bitcoin strengthens its position as a game changer.
It's crucial to educate those around us about
the significance of this digital currency. From
regulatory discussions and lightning network
adoption, to cross -border transactions and linguistic
disputes. the world of Bitcoin keeps evolving.
So my friends, let's keep our eyes peeled for
more exciting developments on the horizon. So
listen up, everyone. I've got some news to share
with you that might save you some trouble in
the world of cryptocurrency. Now, before we dive
into it, let me just say that I've got some firsthand
experience with BlockFi. I used their platform
in the past to buy Bitcoin and then transferred
it to a secure cold storage wallet. Additionally,
I even took advantage of their credit card, which
rewarded me in Bitcoin. Those little satoshis
were accumulating in my BlockFi account until
I felt it was worth the effort to move them out.
But here's the thing. Guess what happened recently?
I received an unexpected gift. in my account.
Well, not exactly a gift, but my remaining rewards
from BlockFi. Why, you ask? Well, it turns out
that BlockFi has filed for bankruptcy. Yes, you
heard me right. Bankruptcy proceedings are underway.
Now here's the important part. If you currently
have anything in your BlockFi wallet, pay attention.
They have indeed started returning those funds.
But, and here's the catch, you have to request
the withdrawal. Don't just sit around waiting
for them to miraculously return your hard -earned
crypto. Take action, my friends. I can't stress
this enough, and it's a golden rule in the cryptocurrency
world. Not your keys, not your coins. I know
it might sound a bit cryptic, but let me break
it down for you. If you don't have control over
the private keys of your crypto assets, you can't
truly claim ownership of them. Think of it this
way. Imagine you have a locker at the bank, and
the bank suddenly shuts down. Poof! Those assets
inside the locker are in limbo. The same principle
applies to your crypto. Now, I know it can be
easy to overlook small amounts of Bitcoin or
any other cryptocurrency. After all, we sometimes
think, hey, it's just a few bucks. Who cares?
But trust me when I say this. Every Satoshi counts.
Those small amounts can add up over time, especially
in the volatile world of crypto. So don't brush
it off as insignificant. Let's also consider
the bigger picture here. We all know that there
will only ever be a total of 21 million bitcoins
in existence. That's it. It's a hard cap. There
won't be anymore. So if you happen to lose your
crypto or have it inaccessible somewhere, that's
it. You're out. There's no magic button to create
more bitcoins. So whether it's BlockFi or any
other platform, keep in mind that you always
need to have control over your private keys.
This is the key to truly owning your crypto.
When you hold your private keys, you hold the
power. Now, I'm not saying that all platforms
or exchanges are destined for bankruptcy like
BlockFi. Many exchanges out there are doing their
best to offer secure and reputable services,
but it's crucial to be prepared and take the
necessary precautions. Do your research, weigh
the risks, and make sure you understand the terms
and conditions of the platform you choose to
use. Ultimately, The cryptocurrency space is
still relatively new and rapidly evolving. It's
exciting and full of potential, but it also comes
with its fair share of risks. It's up to us as
individuals to stay informed, stay vigilant,
and take control of our own financial sovereignty.
So my friends, let this be a reminder to always
be in charge of your own crypto destiny. Don't
rely solely on third -party platforms to safeguard
your funds. Take the time to educate yourself.
explore different wallet options, and understand
how to secure your private keys properly. Remember,
in the world of cryptocurrency, you hold the
power. Don't just be a passive participant. Be
an active player in this game -changing financial
revolution. And with that, I'll leave you with
these words, not your keys, not your coins. Stay
safe and keep rocking the crypto world. So...
We have this exciting new segment called Noster
Tips that we're super stoked to introduce to
all of you. If you haven't heard about Noster
yet, well, let me just say that you're in for
a treat. And if you're interested in helping
out the Noster Project, we've got some awesome
ways that you can contribute to its success.
First off, we'd love for you to contribute to
your favorite client. Get creative and try to
come up with approaches that not only make Noster
fun and useful, but also promote decentralization
and ultra interoperability. We want to make Noster
accessible and adaptable for everyone. Now, if
you're feeling extra ambitious and bursting with
innovative ideas, why not start a new client?
If you think you have new approaches and ideas
that wouldn't fit into an existing app, go ahead
and create something entirely fresh and groundbreaking.
We're all about embracing unique perspectives.
Looking for more inspiration? Check out this
awesome platform called Bouncer. They've got
a bunch of things that might just pique your
interest and help you dive deeper into the world
of Nostr. Trust us, you'll find some pretty cool
stuff there. But hey, while you're exploring
and using Nostr, take a moment to reflect on
it and think about all the fascinating possibilities
it holds. Then spread the word. Let others know
what you've discovered and how this crazy new
idea has captured your imagination. We believe
that the more people who understand and get excited
about Nostr, the better. Another great way to
contribute is by giving feedback to client authors.
Now we know it can be frustrating at times, but
remember to be patient and constructive with
your feedback. We're all here to learn and improve
together. If you really want to make a difference,
you can create or contribute to bounties on Bouncer.
This is a fantastic way to incentivize and reward
those who are actively working towards the success
of Noster. Trust us. People will appreciate the
support. Now here's a power move. Give money
to people who are doing things you think are
good. We all know that financial support can
make a huge difference. So if you see individuals
or organizations that align with your values
and are pushing the Noster mission forward, consider
making a contribution. Every little bit helps.
If you're a wordsmith or a curator at heart,
put those skills to good use by writing explainers
and curated resources. Share your knowledge and
insights about Noster online so that others can
benefit from it. Education is key, and your contributions
can go a long way in helping others understand
the Nostr ecosystem. And let's not forget about
your personal skills. Take some time to assess
how your specific talents can help Nostr software
or contribute to the mission of spreading the
Nostr world. You might be surprised to find that
there are others out there searching for exactly
what you have to offer. Collaborate, partner
up, and let's create something amazing together.
Last but not least, if you have a brilliant concrete
real -world use case for Noster that you want
to use yourself and think others might want to,
make sure to bring it up, share your vision,
and chances are someone else will be just as
interested in building it. Let's turn your idea
into a reality. Now here's a cheeky suggestion.
Annoy content creators, people banned from social
media, and other personalities that you follow.
If you think they might be interested in Noster,
Keep sending those gentle reminders until they
give it a go. Don't be a pest, of course, but
a little nudge here and there might just catch
their attention. So there you have it, a whole
bunch of ways you can contribute to the success
of Nostr. Whether you're a creator, a thinker,
a writer, or a supporter, there's a role for
everyone in this incredible project. Let's come
together and make Nostr the best it can be. Nostra's
apps and value for value podcasting have completely
transformed the traditional sponsorship model
in the podcasting industry. This revolutionary
shift has brought about a direct and meaningful
connection between podcasters and their listeners.
It's an exciting and empowering time for both
creators and fans alike. What sets Noster's apps
and value for value V4V podcasting apart is their
commitment to staying true to the podcasters'
visions. The podcasting landscape has become
saturated with sponsored content that may not
always align with the interests and values of
the creators and their audience. However, with
Noster's apps and V4V podcasts, podcasters have
the freedom to create content that they are truly
passionate about. This newfound power has allowed
podcasters to build a devoted and loyal fan base.
The listeners not only appreciate the authentic
content, but actively engage in supporting and
contributing to the podcasts they love. It creates
a mutually beneficial relationship where podcasters
can continue producing quality content, while
listeners feel valued and involved. The evolution
of podcasting continues to unfold, and Nostr's
apps and V4V podcasts are at the forefront, pioneering
a more collaborative and equitable future. These
platforms have paved the way for a shift in how
podcasts are supported and valued. Traditional
sponsorship models often involve certain compromises
in content creation and may not truly reflect
the interests of the listeners. However, with
Noster's apps and V4V podcasts, the power rests
in the hands of the podcasters and their loyal
fan base. It's important to recognize and appreciate
the various platforms that are supporting podcasts
like the Bitcoin Street Journal. Whether it's
Fountain .com, Nostrad Build, Spotify, Amazon
Music, RSS .com, Pandora, Samsung Podcasts, Apple
iTunes, iHeartRadio, or many others, these platforms
play a vital role in helping listeners discover
and engage with podcasts. So dear listeners,
we kindly ask for your support by liking, sharing,
subscribing, or engaging with the Bitcoin Street
Journal on your preferred platform. Your support
is invaluable and helps us continue creating
content that you love. We are grateful for your
commitment and contribution. Noster's apps and
V4V Podcasting have reimagined the relationship
between podcasters and listeners. They've elevated
the podcasting experience by allowing direct
engagement and support from the audience. As
the podcasting landscape evolves, these platforms
serve as beacons of creativity, collaboration,
and equity. We're living in an exciting time
where listeners have the power to shape the future
of podcasting by actively engaging with and supporting
podcasts like the Bitcoin Street Journal. You
are not only ensuring the longevity of your favorite
shows, but also participating in the democratization
of content creation. Your actions have a direct
impact on the industry and your support is truly
appreciated. So let's come together to celebrate
the power of Noster's apps and V4V podcasting.
Let's appreciate the collaborative and equitable
future they are paving. And most importantly,
let's continue to support the Bitcoin Street
Journal and other remarkable podcasts that inspire,
educate and entertain us. In this episode, we
covered a range of topics including Anchor Watch's
fundraising success, the Human Rights Foundation's
generous Bitcoin donations, BlockFi's bankruptcy
proceedings, and the innovative sponsorship models
of Nostr's apps and Value for Value podcasting.
Thank you for tuning into 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.