Greetings Bitcoiner,

Welcome to Issue #203 of the daily Bitcoin Breakdown, where we have some excellent Opinion & Analysis pieces and Tools & Projects for you today!

But first, today’s Top Stories:

• 🇺🇸 Trump to Make Historic Speech at Digital Asset Summit

• 🚀 BlackRock: Recession is $BTC.X ( ▼ 0.35% ) Rocket Fuel!

• 🇨🇿 Czech Central Banker Skeptical of Bitcoin Reserves

TOGETHER WITH GENEVA*

The Science City You Didn’t Know You Needed to Visit

Did you know that the World Wide Web was born in Geneva, Switzerland?

Indeed, the first version of the Internet cropped up at CERN in 1989.

Today the world-renowned center is home to the largest particle accelerator and to the CERN Science Gateway – a must-see hub for science enthusiasts that features hands-on exhibits, immersive virtual reality experiences, and live demonstrations.

Plan your visit and explore the cutting-edge world of physics and innovation at the CERN Science Gateway!

*You can also advertise with us here.

Mar 20, 2025

TODAY’S TOP STORIES

🇺🇸 Trump to Make Historic Speech at Digital Asset Summit

Donald Trump will be the first sitting US president to speak at a Bitcoin and crypto conference, appearing via video at Blockworks' Digital Asset Summit on March 20. Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, spoke at the summit earlier this week. It is anticipated that Trump will provide more detailed regulatory clarity on topics such as stablecoin regulation and taxes. We’re rooting for an announcement on the US mining its own bitcoin. Bitcoin Magazine

🚀 BlackRock: Recession is Bitcoin Rocket Fuel!

BlackRock's head of digital assets, Robbie Mitchnick, says Bitcoin will thrive in a recessionary environment, powered by increased fiscal spending and lower interest rates. He argues that the market isn't well-calibrated to Bitcoin and its properties, which is good for 'sophisticated long-term' investors. Meanwhile, Coinbase analysts argue recession fears and new tariffs could negatively impact Bitcoin. BlackRock's Bitcoin exchange-traded fund holds the highest net assets of any Bitcoin investment product, at $48.7B. Cointelegraph

🇨🇿 Czech Central Banker ‘Skeptical’ of Bitcoin Reserves

Czech National Bank board member Jan Kubicek is 'skeptical' about adding BTC to the bank's hefty reserves, citing legal uncertainties and volatility. While Governor Ales Michl is considering it, Kubicek is worried about Bitcoin's legal status and the difficulties that come with owning it directly. He's unsure if Bitcoin's future volatility will match past trends, especially if institutions get involved, suggesting possible exploration of corporate bonds and equity indices instead. NGMI. Reuters

POLL

OPINION & ANALYSIS

• Coincorner, a Bitcoin payments company, releases a report showing a growing trend of businesses adding bitcoin to their balance sheets, with 84% being micro-businesses, holding for the long term, challenging the idea that Bitcoin is only for large companies (Mar 19 | 3 min read).

• 028559d218, a pseudonymous Bitcoiner, critiques Matthew Kratter of the popular Bitcoin University YouTube channel for allegedly spreading pro-Kremlin disinformation by misrepresenting EU policy and war dynamics (Mar 19 | 8 min read).

• Alles Voor Bitcoin, a Belgium Bitcoin podcast, delivers a sharp critique of lazy guerrilla marketing via bright Bitcoin stickers that according to him clutter urban landscapes, arguing they reflect intellectual deficiency and detract from Bitcoin's potential without generating genuine engagement (Mar 19 | 8 min read).

• Davide Coltro of Atlas21 highlights the contrast between the pro-Bitcoin stance of political figures and the Department of Justice's actions against privacy-focused BTC services and developers in the US (Mar 19 | 7 min read).

• Juraj Bednár, Bitcoiner and entrepreneur, explores Cashu, a Bitcoin freebanking protocol leveraging e-cash and the Lightning Network to enable low-fee, private transactions, drawing parallels to historical free banking systems for efficient and secure financial interactions (Mar 18 | 32 min read).

• Orange Surf, product designer and Bitcoiner, analyzes Bitkey, a bitcoin wallet with strong recovery features, which faces limitations in multisig integration, but potential improvements using FROST that could enhance its flexibility and security while mitigating risks associated with app and server compromise (Mar 18 | 6 min read).

• Jameson Lopp of Casa outlines robust physical and OpSec strategies using multisig setups and fortified home defenses to protect your Bitcoin holdings from low-cost wrench attacks and organized crime (Mar 17 | 5 min read).

• Che Kohler of The Bitcoin Manual argues that altcoins rely on stablecoins like USDT for survival, highlighting TRON's new 'gas-free wallet' as a desperate attempt to retain users amidst rising fees and competition (Mar 14 | 6 min read).

• Andrew Kamsky, chart analyst and Bitcoiner, examines Bitcoin's potential as a strategic hedge during volatile geopolitical events while noting its ongoing volatility and complementary role to traditional assets in diversification and early market sentiment assessment (Mar 19 | 9 min read).

• Frank Corva of Bitcoin Magazine talks to Congressman Nicholas Begich, the politician who introduced the BITCOIN Act in the House, proposing a 1M BTC US strategic reserve and protecting self-custody rights (Mar 18 | 8 min read).

• reMARKLEble, a pseudonymous Bitcoiner, argues that Bitcoin's value lies in its use as a medium of exchange, not just storage, urging users to spend and earn in bitcoin to prevent its extinction, comparing hoarding to suffocating innovation (Mar 18 | 2 min read).

OTHER NEWSLETTERS TO CHECK OUT*

Looking for fresh insights? Check out this curated list by Refind of amazing newsletters! Explore a variety of topics, discover new perspectives, and subscribe to the ones that spark your interest. Happy reading!

*You can find more here.

TOOLS & PROJECTS

• Ark protocol, a Bitcoin scaling solution by Second, launches on signet, inviting the developer community to test, explore, and provide feedback.

• Breez announces 10 new partners across various industries adding Bitcoin payments with the Breez SDK.

• Geyser Fund's interactive map showcases global Bitcoin crowdfunding projects, enabling users to discover and support initiatives worldwide.

• Grid by Orangesurf is an interactive block visualization tool that displays information about the most recent 99 blocks.

• POWR, a local-first, open-source fitness app for Android and iOS, uses Nostr for sharing workout records and offers offline logging, custom exercises, and personalized workout templates.

• Chantools is a collection of tools for managing Lightning Network (LND) channels, providing recovery options for node crashes, missing backups, or unconfirmed channels.

• KaleidoSwap launches Alpha v0.1 for non-custodial RGB asset trading on the Lightning Network.

• Versioned Storage Service is a server-side solution that simplifies Lightning Network and Bitcoin wallet development with secure recovery, real-time state management, and future multi-device access.

• Sovereign Craft seamlessly integrates Bitcoin into Minecraft, offering players an educational platform to earn and spend real digital currency within immersive gameplay.

• CryptoWhale Radar is a Bitcoin Whale Tracking Website that tracks real-time BTC price, highlights the largest transactions, ranks top wallets, and visualizes historical volume.

• Nostr0 helps visualize Nostr events by searching npubs, filtering by date, and displaying details like images, videos, and links.

MEME OF THE DAY

Thank you for reading!

If you received it from a friend and would like to subscribe, you can do so here:

Until our next transmission,

P.S. Looking to start your own newsletter? Use this link to sign up for beehiiv and get a 30-day free trial plus a 20% discount.

Support independent Bitcoin content and consider leaving a Lightning tip:

[email protected]