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Nigeria & Australia Continue Bitcoin Adoption

Nigeria & Australia Continue Bitcoin Adoption

Sats O'Clock
August 19, 2022

Wake Up! It's Sats O'Clock.

Good morning. It's August 19, 2022.

Bitcoin is hovering around $21.9K at the time of writing.

The power of Bitcoin, a small example.

This new water well in Nigeria gives over 1,000 people access to safe and clean water, where they had none before 🇳🇬
And it was 100% funded with #bitcoin 🧡
— Bitcoin Magazine (@BitcoinMagazine)
6:01 PM • Aug 18, 2022

The future of Nigeria is bright with Bitcoin.

Nigeria ranks #1 in Africa both in P2P #bitcoin trades and Google searches about #BTC mining.
The future is bright for 🇳🇬
— Bitcoin Magazine (@BitcoinMagazine)
1:13 PM • Aug 18, 2022

Many may have the same question.

Why should you mine #Bitcoin instead of just buying it from an exchange?
@jordanbpeterson had the same question and @saifedean answers it brilliantly 👇
cc: The Bitcoin Standard Podcast Ep. 91
— Blockware Solutions (@BlockwareTeam)
3:50 PM • Aug 18, 2022

You can now use Bitcoin to buy gas.

JUST IN: Australian gas station chain OTR now accepts #bitcoin in its over 170 locations 🇦🇺 🙌
— Bitcoin Magazine (@BitcoinMagazine)
10:54 AM • Aug 18, 2022

How Proof of Work works.

How #bitcoin Proof of Work works
— Documenting Bitcoin 📄 (@DocumentingBTC)
12:27 PM • Aug 18, 2022

All in!

Your #Bitcoin allocation reflects your understanding.
— McShane (@mcshane_writes)
2:10 PM • Aug 18, 2022

He has a point.

“#Bitcoin is so boring, it only does one thing.”
Yeah, you seem confused, that’s the entire point.
— Dylan LeClair 🟠 (@DylanLeClair_)
1:35 PM • Aug 18, 2022

It will decrease even more.

In the past 2,5 years, we saw a decrease of approximately 33% of the Total #Bitcoin Balance on Exchanges.
— Crypto Rover (@rovercrc)
5:58 PM • Aug 18, 2022

Long term holders are winning.

#Bitcoin RHODL Ratio compares the USD wealth of 1 week old coins, to those held by the 1y-2y old cohort.
The RHODL continues to trend lower, indicating the balance of wealth is now firmly back with longer-term holders.
Read more in The Week On-chain glassno.de/3pkrans
— glassnode (@glassnode)
4:57 PM • Aug 17, 2022

If you missed it...

Michael Saylor teaches you the basics of money for free.

Learn about money for free. The latest @saylordotorg course covers the history & theory of money and money markets, along with a review of the Federal Reserve, Eurodollar System, #Bit#Bitcoinyptocurrencies, Stablecoins, & CBDCs, thanks to @timeval@timevalueofbtc//
— Michael Saylor⚡️ (@saylor)
3:59 PM • Aug 18, 2022

TWEET OF THE DAY

You simply can't.

You can't kill #Bitcoin ✊
— Bitcoin Magazine (@BitcoinMagazine)
4:08 PM • Aug 18, 2022

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