Here are the top three Bitcoin developments I see driving its strength this week in decentralization, adaptability, and adoption in focus:
1. Decentralization Strengthened: This week, Bitcoin Knots hits around 25% network share, with the Decentralization Defense Fund backing diverse devs. Regardless of which side you choose, diversity in software implementation increases resilience.
2. Adaptability Evolving: Portal to Bitcoin’s BitScaler launched this week, enabling atomic swaps & multi-party liquidity pools on native BTC, powering DeFi without custodians or bridges. This is a win for scaling.
3. Adoption Soaring: This week, South Africa’s Pizza Hut & KFC adopted Lightning payments, while institutions grabbed 12.8% of BTC supply in a year. BTC continues to grow.
Stack sats, stay humble.
#Bitcoin #BTC #Decentralization #BitcoinAdoption #HODL
My top three Bitcoin updates for the weekend
1. Japan’s Bitcoin reserve plan
Japan’s exploring Bitcoin as a strategic reserve to address its 254% debt-to-GDP ratio, the highest among advanced economies. Holding Bitcoin could help stabilize the yen and ease fiscal pressures. Stay updated on Japan’s fiscal reforms to understand how this move could boost Bitcoin’s global adoption.
2. Shield yourself from the money printer
The Federal Reserve’s expected rate cuts in September will likely restart the money printer, increasing Bitcoin’s dollar price but driving inflation. Bitcoin’s fixed supply protects against fiat devaluation, making it a necessary protection to preserve your saving's purchasing power.
3. Beyond Bitcoin tech
Jack Dorsey’s Bitchat, a decentralized messaging app using Bluetooth Low Energy, builds on Bitcoin’s peer-to-peer framework for secure, internet-free communication. These innovations strengthen Bitcoin’s ecosystem by showcasing its decentralized principles. Explore these technologies to see their potential impact on Bitcoin’s value.
#â‚ż #Bitcoin #Japan #Bitchat
Bitcoin cuts through the Triffin Dilemma mess.
Unlike fiat, it’s global money that doesn’t force any country to tank its economy just to keep the world spinning. Pure, borderless math.