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Brazil Adopts Bitcoin For Payments As Inflation Report Looms
Sats O'Clock
July 13, 2022
Wake Up! It's Sats O'Clock.
Good morning. It's July 13, 2022.
Bitcoin is hovering around $19.5K at the time of writing.
After Sri Lanka's Central Bank was taken over, they still refuse to accept the fact that their legacy system does not work.
JUST IN☢️: Sri Lankan Central Bank says "virtual currencies are unregulated digital representations of value" and therefore "unregulated financial instruments and have no regulatory oversight or safeguards" - [press release]
ESG COLLAPSES ECONOMY BUT MUST BLOCK EXIT DOOR 🐸☕️
— Simply Bitcoin (@SimplyBitcoinTV)
3:02 PM • Jul 12, 2022
Along way to go.
#Bitcoin has room to grow
— Documenting Bitcoin 📄 (@DocumentingBTC)
11:24 AM • Jul 12, 2022
Brazil is adopting Bitcoin payment systems.
NEW - 65 million users will soon be able to buy #bitcoin through Brazilian payments app PicPay 🙌
— Bitcoin Magazine (@BitcoinMagazine)
1:57 PM • Jul 12, 2022
Dylan talks about the market debt crisis and Bitcoin.
DOLLAR STRENGTH, THE IMPENDING EMERGING MARKET DEBT CRISES & #BITCOIN
— Dylan LeClair 🟠 (@DylanLeClair_)
9:58 PM • Jul 12, 2022
Another reason why Bitcoin works.
Someone transferred $69,990,000 in #Bitcoin and paid a fee of $5.77
That’s a transaction fee of 0.000008244%
No government bank or third party had to verify the transaction, nor could they have STOPPED IT, if they wanted to.
— Watcher.Guru (@WatcherGuru)
5:07 AM • Jul 12, 2022
Kevin O'Leary thinks sovereign funds will buy Bitcoin.
💥KEVIN O'LEARY: Sovereign Wealth Funds will buy #Bitcoin when it is regulated.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
12:24 PM • Jul 12, 2022
US Federal banks are looking into Bitcoin lightning network.
El Salvador is the tip of the spear
The country’s use of the Lightning Network gets special mention in this Fed paper as it leads the way on #Bitcoin adoption and innovation at the nation state level
🇸🇻🆒
— Stacy Herbert 🇸🇻 (@stacyherbert)
3:10 AM • Jul 13, 2022
79% inflation in Turkey!
Turkey has 79% inflation...
Like, what the actual fuck!#bitcoin
— Lark Davis (@TheCryptoLark)
5:27 AM • Jul 13, 2022
Bitcoin mining will change the course of renewable energy.
This, from IEA (International Energy Agency) says:
Demand Response is as crucial as batteries to reliable, renewable, reasonably priced grid energy
#Bitcoin Mining is the world's most instant, precise & enduring form of demand response
It's critical to our renewable future
— Daniel Batten (@DSBatten)
11:37 PM • Jul 12, 2022
She has a point.
If #bitcoin crashed to 4k in March 2020 then climbed to $20,000 and STAYED THERE up to now...
Everyone would be calling it a hedge against inflation.
— Layah Heilpern (@LayahHeilpern)
2:37 AM • Jul 13, 2022
Reminder...
Friendly reminder that the #bitcoin sale is still here.
Only a few moments in the price history that you could stack under realized price levels.
— Plan Marcus ⚡️☣️ (@plan_marcus)
7:12 PM • Jul 12, 2022
If you missed it...
Some fascinating blockchain work.
This message was embedded in #Bitcoin's 666,666th block.
— Bitcoin Magazine (@BitcoinMagazine)
8:23 PM • Jul 12, 2022
If you ever need a refresher on Bitcoin.
10% of my inner circle plebs have #bitcoin (from $20 bucks to $1M) and even fewer can speak intelligently about it. I tell them, #bitcoiners, and #nocoiners to watch these 2 episodes with a "warning" that 8 measly hours (2 ep) can be life-changing.
@saylor@saifedean— Bitcoin Gus (1 sat/∞) (@Gus21MCalderon)
12:17 PM • Jul 12, 2022
TWEET OF THE DAY
We all look forward to the inflation report.
What will the inflation number be tomorrow?
— Pomp 🌪 (@APompliano)
1:46 AM • Jul 13, 2022
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