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$23K BTC As French Bank Adopts Bitcoin
Sats O'Clock
July 20, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's July 20, 2022.
Bitcoin is hovering around $23.6K at the time of writing.
Bitcoin mining is the future.
In Q2 2022, #Bitcoin mining efficiency surged 46% YoY, and sustainable power mix reached 59.5%, above 50% for the 5th quarter in a row. The network was 137% more secure YoY, only using 63% more energy. It is hard to find an industry more clean & efficient.
http— Michael Saylor⚡️ (@saylor)
8:07 PM • Jul 19, 2022
UFC fighters accepting Bitcoin as payment.
JUST IN: Brazilian athlete Luana Pinheiro becomes the first female UFC fighter to be paid in #bitcoin 🙌 🇧🇷
— Bitcoin Magazine (@BitcoinMagazine)
2:06 PM • Jul 19, 2022
Why Bitcoin can't be debased.
"The government is faced with one of two choices - debase or default. They will not default, so they will debase. There is no debasing #bitcoin, and there is adoption continuing to grow. I sleep well at night knowing my wealth is safe in bitcoin." - @LawrenceLepard
— The Best Business Show (@TheBestBizzShow)
10:35 PM • Jul 19, 2022
Whales are buying Bitcoin.
PROOF: #Bitcoin Whales are buying! 🚀
— Crypto Rover (@rovercrc)
4:50 PM • Jul 19, 2022
She has a point.
3 ways to guarantee success:
1. Show up every day
2. Do SMART hard work
3. Buy #bitcoin and forget about it for 5 years— Layah Heilpern (@LayahHeilpern)
5:16 PM • Jul 19, 2022
French banks are now offering Bitcoin services.
JUST IN: €421 BILLION French bank BNP Paribas to offer #bitcoin & crypto custody services - CoinDesk 🇫🇷
— Bitcoin Magazine (@BitcoinMagazine)
3:12 PM • Jul 19, 2022
If you missed it...
Some insane numbers.
JUST IN: #Bitcoin network is on track to process $18 trillion in value this year – Grayscale report 🚀
— Bitcoin Magazine (@BitcoinMagazine)
12:37 PM • Jul 19, 2022
Jack Mallers talks about Bitcoin.
Watched mallers live today and was happy to hear each of his answers on #bitcoin, especially when talking about proof of work.
Worth a watch if you missed it 🍻
— 🏔Adam O🏔 (@denverbitcoin)
1:53 AM • Jul 20, 2022
Jeff speaking the truth.
If humans have never before had an immutable ledger before #Bitcoin, and history is written by the victors who could manipulate money, then "maybe" some of our models are wrong.
The future is truth, hope, and abundance.
h/t @DarinFeinstein
— Jeff Booth (@JeffBooth)
5:32 PM • Jul 19, 2022
Did you stack the dip?
#Bitcoin is up 21% in the last week 🚀
— Bitcoin Magazine (@BitcoinMagazine)
7:07 PM • Jul 19, 2022
Legacy bankers will be salty.
It drives financial professionals crazy that a bunch of plebs dollar cost averaging into bitcoin have outperformed them over the last five years.
Over the next five years we twist the knife.
— ODELL (@ODELL)
1:02 PM • Mar 7, 2021
Bitmex calling out companies that don't have a proof of reserves. Regardless, you should still get your coins off exchanges.
💭If there’s one lesson that we should learn from the industry-wide liquidity/solvency crisis…
…it’s that over-collateralisation of #Bitcoin with proof of reserves should be the standard in the future.
🤿Dive into @BitcoinMagazine’s FREE report here:
blog.bitmex.com/bitcoin-magazi…— BitMEX (@BitMEX)
8:57 AM • Jul 18, 2022
MEME OF THE DAY
Hopefully this keeps up.
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