Why Bitcoin Eats Altcoins For Lunch.

"The best monetary good (bitcoin) becomes money, and the rest are nothing more than gambling in a casino."

Written by @MimesisCapital.

bitcoinmagazine.com/markets/bi

Government authorities in Argentina are requiring bitcoin exchanges in the country to provide monthly data on users and transactions.

"The Federal Administration of Public Revenue (AFIP)...has ordered all cryptocurrency exchanges operating within the country to file comprehensive transaction data on their customers every month,"

@BTCTybrrr covers the news:

bitcoinmagazine.com/business/a

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Southeast Asia's top bank DBS launches bank-backed trust in Asia.

The trust services are built on DBS Digital Exchange and it would be offering Bitcoin services to private banking clients for asset management.

@hardeyjumoh covers the news:

bitcoinmagazine.com/business/d

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Bitcoin Information Theory: B.I.T.

"Concluding with the trite axiom, “bitcoin fixes this,” does not even begin to do the solution that is bitcoin the justice it deserves. Bitcoin addresses this problem like Cinderella’s slipper."

By @LudiMagistR.

bitcoinmagazine.com/culture/bi

RT @RaspiBlitz
Working with Lightning Network devs to improve system transaction efficiency. Potentially promising.

RT @knutsvanholm
Neither Jack, nor Elon, nor anyone else can change .

Bitcoin will change Jack, Elon and everyone else. twitter.com/jack/status/139331

I’m setting up a mining farm in the middle of nowhere in the Wyoming prairie on stranded natural gas. This is not waste, this is efficient use of energy. This is the flare we are going to snuff out. understands and that’s why I chose to do this here.

The price is trading below @woonomic's NVT Price model

If we zoom out, these have historically been great buying opportunities - except right after a blow-off top

Unless you think that we have just hit an overall market cycle peak, this might be a good time to 👀

overhyped: fiat billionaires
underhyped: sats billionaires

50 Cent should periodically alter his name to reflect currency inflation.
-lundej16, Apr 2015

RT @btcization
Interesting trends with the BTC Futures Open Interest/Market Cap Ratio, which is at pretty healthy levels currently.

In terms of price action, it is preferable to see a lower amount of leverage as a percentage of market cap.

RT @achow101
Earlier today, viabtc began issuing work that signals for taproot.

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