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India Continues Bitcoin Adoption As Coinbase Tanks

India Continues Bitcoin Adoption As Coinbase Tanks

Sats O'Clock
July 27, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's July 27, 2022.

Bitcoin is hovering around $21.3K at the time of writing.

Adoption of Bitcoin continues in India.

JUST IN: Major Indian exchange CoinSwitch removes ALL fees for buying #bitcoin 🙌 🇮🇳
— Bitcoin Magazine (@BitcoinMagazine)
2:21 PM • Jul 26, 2022

Some cold hard truth.

The same people who said there'd be no inflation are now telling us there is no recession.
Didn't even fool us once. Have some shame.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
8:17 PM • Jul 25, 2022

US Bill may make $50 or less transactions of Bitcoin free.

JUST IN: US Senators introduce bill to make #Bitcoin transactions under $50 tax free 🇺🇸
— Bitcoin Magazine (@BitcoinMagazine)
10:24 AM • Jul 26, 2022

Bukele writes off liquidation fears.

JUST IN: El Salvador President sheds debt default worries amid #Bitcoin downturn.
"El Salvador has the liquidity to pay all commitments." 🇸🇻
— Bitcoin Magazine (@BitcoinMagazine)
6:00 PM • Jul 26, 2022

You can now earn Bitcoin playing Solitaire or Sudoku.

You Can Now Earn Bitcoin by Playing Solitaire and Sudoku - Decrypt

Play-to-earn Bitcoin firm ZEBEDEE and blockchain game developer Viker are teaming up to reintroduce three classic games with a crypto twist.

https://decrypt.co/105965/you-can-now-earn-bitcoin-playing-solitaire-sudoku

Interesting.

FUN FACT: #Bitcoin still has a larger market cap than JPMorgan Chase and Morgan Stanley.
— Watcher.Guru (@WatcherGuru)
4:46 AM • Jul 27, 2022

Further analysis of the Celsius situation.

What Happens to Celsius Creditors if Crypto Prices Recover?

Legal experts survey the undiscovered country that awaits customers of the bankrupt cryptocurrency lending platform.

https://www.coindesk.com/business/2022/07/26/what-happens-to-celsius-creditors-if-crypto-prices-recover/

Not a good day for Coinbase.

Coinbase down a casual 20.86% today.
$COIN
— Dylan LeClair 🟠 (@DylanLeClair_)
7:56 PM • Jul 26, 2022

If you missed it...

Few understand.

as the global economy gets more uncertain
#Bitcoin gets less risky
— McShane (@mcshane_writes)
1:18 PM • Jul 26, 2022

Comprehending the price of Bitcoin if this happens.

💥FORBES: #Bitcoin adoption could hit 10% by 2030.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive)
7:46 PM • Jul 25, 2022

Bond issuance has decreased alot!

High yield corporate bond issuance has plummeted.
— Dylan LeClair 🟠 (@DylanLeClair_)
7:53 PM • Jul 26, 2022

Alot more to come.

electricity is now a luxury
— zerohedge (@zerohedge)
2:50 PM • Jul 26, 2022

TWEET OF THE DAY

Elon explains how money is actually a database.

The US Dollar is a mutable SQL database under the control of bureaucrats.
#Bitcoin is an immutable database secured by entrepreneurs.
A database that cannot be arbitrarily changed or corrupted is the ideal money since it honors individual sovereignty.
— Robert ₿reedlove (@Breedlove22)
7:59 PM • Jul 24, 2022

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