Greetings Bitcoiner,

Welcome to issue #92 of the Bitcoin Breakdown, where Bitcoin's voluntary, permissionless, and decentralized structure allows it to expand globally through peaceful adoption, rather than through military conquest or coercion like with centralized fiat.

📣 Don't miss out on our newly launched Premium Membership for Supporters—there are only 13 days left to get 50% off! By joining now, you'll support our independent, thoroughly researched Bitcoin-only content and help sustain our efforts for the community.

Happy readings! 👽️ 

TOGETHER WITH CLOAKED*

Celebrate the 4th with True Digital Freedom

Own your data and reclaim your privacy with Cloaked — no more spam, scams, fraud, or doxxing of your personal data!

Use promo code FREEDOM for an exclusive discount on an annual subscription, offering full access to Cloaked's premium features at an unbeatable price.

Cloaked paid subscription includes:

👉️ Identity Theft Insurance: Up to $1 million coverage.

👉️ Cloaked Pay: Protect every payment method with a privacy layer.

👉️ Data Removal: Remove personal info from data brokers.

👉️ Unlimited Email & Phone number aliases so you never have to share your personal info again.

Offer valid until Monday, 8th July, 2024.

*You can also advertise with us here.

⚡️ QUICK BITS

• Trump suggests Bitcoin could serve as a strategic reserve asset to bolster the US economy and counter geopolitical rivals.

• Bitcoin ATMs see a resurgence with nearly 6,000 new machines installed in the past 11 months, bringing the total count to over 38,300 worldwide.

• Central Bank of Bolivia lifts its four-year ban on Bitcoin, but it is however not recognized as legal tender.

• Justin Sun offers to buy all Bitcoin from the German government.

• German government moves $175M in Bitcoin, $75M to exchanges.

• Jack Dorsey says Bitcoin could one day replace the US dollar.

• Bitcoin Core introduces a new security disclosure policy to enhance communication around security issues, categorizing vulnerabilities by severity and standardizes the process for reporting and disclosing them.

• UAE Central Bank might ban the use of bitcoin to pay for products and services.

• Runes transactions on Bitcoin tanked over 88% last month and now only comprise 5-11% of all Bitcoin transactions.

• Sony to relaunch the Japanese Bitcoin exchange Whalefin, which it acquired from Amber Group in 2023.

• FCC wants to make it easier to unlock your phone by proposing a rule that would require all devices to be unlockable within 60 days of purchase.

• Metaplanet buys another $1.2 million worth of BTC, acquiring over 20.2 BTC, bringing its total holdings to to 161.3 BTC.

• Javier Milei reduces Argentina's annualized inflation by 95% in seven months, from 1355% to 4.2%.

• Refugees in Uganda turn to Bitcoin for transactions due to national ID restrictions, enabling access to banking and essential services.

• Denmark denies reports suggesting that the Danish Financial Supervisory Authority plans to ban personal (non-custodial) bitcoin wallets.

• Wolfpack 6 (an 8-week program for founders and teams building on Bitcoin and adjacent technologies) applications deadline is next Monday.

• Proton unveils Proton Docs, a new end-to-end encrypted collaborative document editor that integrates seamlessly into Proton Drive and shares a close resemblance with Google Docs.

• Mozilla acquires adtech startup, Anonym, a trailblazer in privacy-preserving digital advertising.

• Bitdeer to lease industrial park for adding 570 MW to Bitcoin mining.

• Genesis Digital Assets, an Alameda Research-backed Bitcoin mining company, is reportedly exploring the possibility of going public.

• Standard Chartered forecasts Bitcoin to hit ATH in August.

POLL

OTHER NEWSLETTERS TO CHECK OUT*

• I Will Teach You To Be Rich focuses on sharing proven systems and time tested advice so you can make changes fast.

• AI Tool Report teaches you how to save time and earn more with AI.

• Early Bird Stock Market News is the morning financial newsletter that's ruffling feathers.

• Nautilus is a mind-broadening, free newsletter packed with cutting-edge science from the brightest living thinkers.

• The Flyover sends you the most important and interesting stories of the day in your inbox every weekday.

• FryAI scours through 100+ AI news sources every weekday so you don’t have to.

• Stacked Marketer sends out carefully curated digital marketing news, tech, and actionable advice that can be consumed in 7 minutes or less.

*You can find more here.

🎥 QUICK MEDIA

• Heatbit releases short ad featuring the HeatbitTrio – there’s nothing ‘Mini’ about it (Jul 2 | 0:28 min watch).

• Dave Portnoy of Barstool Sports says Bitcoin is the only crypto you should be involved it (Jul 1 | 0:30 min watch).

• Jack Mallers in an interview with Zuby argues that currency debasement steals the collective time and energy from society (Jul 3 | 0:58 min watch).

  

💥 MEME BREAK

AFFILIATES & REFERRALS

• The Bitcoin Way enables you to master Bitcoin self-custody and gain peace of mind.

• Blockstream Jade is the best hardware wallet for you to take self-custody with—enjoy a 10% discount off of with code: BITCOINBREAKDOWN.

• Start9 empowers you to run your own Bitcoin node while also joining the sovereign computing paradigm, where concerns over privacy, censorship, hacks, and fees practically disappear—get a 5% discount by using the code: BITCOINBREAKDOWN.

• Orange Pill App enables you to connect with Bitcoiners and Bitcoin merchants wherever you live and travel.

• BITCOIN WELL is the fastest and easiest way to secure Bitcoin in self custody, offering non-KYC sells and bill payments with a transparent 1% spread, no hidden or withdrawal fees.

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,

Naiw

Ps. 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]