Greetings Bitcoiner,

Welcome to Issue #189 of Bitcoin Breakdown, where every Tuesday and Thursday, we bring you the latest must-read Bitcoin thought leadership articles and the newest tools and projects you should know about.

But first, today’s Top Stories:

• 🇨🇳 China's Bitcoin Reserve Ambition

• 💸 US Treasury Department Makes Bitcoin Reporting Easier

• 🇦🇺 Australia's Regs Over Reserves

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Mar 4, 2025

TODAY’S TOP STORIES

🇨🇳 China Rumored To Actively Work On Strategic Bitcoin Reserve

China is rumored to be hurrying its efforts to create its own strategic Bitcoin reserve amid a notable shift in Bitcoin and crypto regulations in the US under the Trump administration. The potential move, ostensibly part of Beijing’s de-dollarization plan to mitigate reliance on US economic structure, contrasts its earlier anti-Bitcoin policy and is marked by closed-door meetings and conspiracy-like chatter among Bitcoiners in Beijing. Crypto Briefing

💸 US Treasury Department Makes Bitcoin Reporting Easier

The Treasury Department has lifted Corporate Transparency Act reporting for domestic Bitcoin and crypto businesses, which is a win for US-based Bitcoin proponents seeking relief from needless red tape. Small businesses now gain operational freedom to innovate while critics worry the rollback could attract illicit fund movements, sparking concerns about transparency. Nonetheless, the measure represents a pro-Bitcoin stance against excessive regulation. CCN

🇦🇺 Australia's Regs Over Reserves

While the Trump administration moves to stockpile Bitcoin and some altcoins, Australia is doubling down on regulation over reserve creation. The government, led by Anthony Albanese, is rather focusing on crafting a fit-for-purpose framework for Bitcoin and crypto platforms. Officials hold that a national reserve could expose risks from price volatility, opting instead for regulation and oversight by Australian Transaction Reports and Analysis Center (AUSTRAC) and Australian Securities and Investments Commission (ASIC). Everybody gets it when they deserve… Atlas21

POLL

OPINION & ANALYSIS

• L0La L33Tz of The Rage, writing for Bitcoin Magazine, examines the Strategic Bitcoin Reserve's incentives and potential for abuse via civil asset forfeiture, warning that government seizure of legally held BTC risks unpredictable overreach and regulatory chaos (Mar 3 | 4 min read).

• Dave Birnbaum, VP of Product at Coinbits, presents an analysis of Trump's Crypto Reserve, arguing that its ambiguous mix risks undermining Bitcoin's proven liquidity and decentralization while also inadvertently spurring wider adoption through growing investor interest in Bitcoin's unique resilience (Mar 2 | 7 min read).

• Conor Chepenik of Bitcoin News writes about Eric Semler's vision of merging healthcare innovation with aggressive Bitcoin accumulation at Semler Scientific, showcasing how early detection can fuel cash flow for BTC purchases while challenging stagnant companies to adopt Bitcoin for financial freedom (Feb 28 | 4 min read).

• OpenSats, a leading supporter of open-source Bitcoin development, highlights privacy solutions like Async Payjoin, Coinswap, and Silent Payments that challenge transaction heuristics and address Bitcoin's on-chain privacy challenges (Feb 28 | 6 min read).

• Jameson Lopp of Casa argues that Jack Dorsey's public activity and inconsistent timestamps strongly refute the claim he is Satoshi Nakamoto, reinforcing the narrative that Satoshi represents an enduring idea rather than any fallible individual (Feb 27 | 10 min read).

• Joakim Book, wriitng for the Sound Money Defense League, illustrates how modern fiat currency systems incentivize escalating debt and force savers to seek returns in unstable economic environments (Feb 27 | 4 min read).

• Gabriel Gatehouse, the journalist behind the 'Seeking Satoshi' documentary, investigates the enigmatic identity of Bitcoin's creator, delving into leads like Adam Back, Hal Finney, and the cypherpunk movement, while diving into the mystery of Satoshi Nakamoto's disappearance (Feb 26 | 12 min read).

• River Financial, a US Bitcoin-only exchange, in a recent report, dives into Bitcoin's rapid adoption, protocol evolution, institutional uptake, and Lightning Network expansion, while noting that adoption remains early (Feb 25 | 30 min read).

• Blockstream provides an insightful analysis of Ethereum's complex multisig vulnerabilities exposed by the Bybit hack, contrasting flawed expressive smart contracts with Bitcoin's robust native multisig design (Feb 25 | 4 min read).

• D-Central Technologies, leading provider of open-source, user-oriented Bitcoin mining solutions, explains how NerdNos transforms the NerdMiner with ultra-low power and USB-C simplicity for accessible, hands-on ASIC mining while enabling educators, hobbyists, and enthusiasts to experience Proof-of-Work firsthand (Feb 24 | 13 min read).

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*You can find more here.

TOOLS & PROJECTS

• Flash Wallet, now available for beta testing, offers merchants a self-custodial solution with Lightning and Liquid integrated, powered by Breez SDK.

• Mi Primer Bitcoin, a nonprofit pioneering grassroots Bitcoin education, hosts its 5th Educators Unconference at Bitcoin Park in Nashville on April 10, 2025, where everyone is a potential speaker

• Global Bitcoin Roundup for March 2025 by Jon Hodl spotlights high-quality, Bitcoin-only networking events.

• Coinos releases its native Android app on Zapstore and Obtainium, and seeks internal testers for the upcoming Google Play Store submission.

• Pete Rizzo, Bitcoin historian, partners with Blockworks, a Bitcoin and crypto media company, to launch ‘Supply Shock’, a Bitcoin media brand that aims to deliver historical insights on mainstream BTC adoption.

• Presidio Bitcoin launches San Francisco's first dedicated bitcoin co-working and events space, offering workstations, and a media studio.

• Nunchuk.io simplifies collaborative Bitcoin custody with a new group wallet featuring two-phase encryption, single-file recovery, and seamless cross-device setup for secure shared ownership

• Vertex launches npub.world to deliver a fast Nostr profile search experience, leveraging web of trust services to find reputable profiles.

• Plebeian.Market adds step-by-step instructions for new users, smarter dashboard tools, and enhanced social sharing functions.

• BetterStrike offers a lightweight, selfhosted Strike wallet that leverages Tor for enhanced privacy and supports onchain and Lightning transactions through Docker deployment.

• Bitcoin Alive 2025, an Australian Bitcoin conference, unites Bitcoin experts at UNSW's Roundhouse on March 8 for panels, workshops, and networking.

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