Greetings Bitcoiner,

Welcome to issue #90 of the Bitcoin Breakdown, where we're excited to announce that we’re hiring!

If you're passionate about Bitcoin (only) and keen to join our team, check out the details here and apply!

Happy readings! 👽️ 

TOGETHER WITH THE BITCOIN WAY*

Your Trusted Partner in Mastering Bitcoin

The Bitcoin Way team are dedicated experts that will help you achieve financial sovereignty with their principled Bitcoin support, education and consulting services.

👉️ Wallets & Nodes

👉️ Inheritance Planning

👉️ Plan B Residency and Citizenship

👉️ How to Buy Bitcoin

👉️ Accept Bitcoin Payments

👉️ Collaborative Custody & More

Secure, personalized Bitcoin solutions today: Schedule a free 30-minute call.

*You can also advertise with us here.

⚡️ QUICK BITS

• Denmark to ban Bitcoin wallets as per its latest DeFi guidance which classifies them as ‘interface providers’ that must be regulated, effectively banning unregulated P2P and unhosted wallets.

• Nubank, Latin America's largest fintech bank with about 100M customers, partners with Lightspark to integrate the Bitcoin Lightning Network.

• Florida lawmaker, Matt Gaetz, introduces a bill that would greenlight Bitcoin as an approved payment method for federal taxes.

• LockBit ransomware gang publishes alleged US Federal Reserve data after ransom negotiations broke down.

• Trump is in talks with an eye on speaking at the Bitcoin 2024 convention.

• Cato Institute drops CBDC book - Digital Currency or Digital Control.

• Majority of Japanese institutional investors plan to invest in Bitcoin within three years, finds survey.

• Michael Dell, billionaire founder and CEO of Dell Technologies, intimates at interest in bitcoin, sparking a frenzy online.

• Naval Ravikant, early Twitter investor, calls Bitcoin the only true L1 in terms of store of value.

• US government sends 3,940 BTC linked to a Silk Road vendor and worth over $240M to Coinbase Prime.

• Grokking Bitcoin by Kalle Rosenbaum is now open source.

• Standard Chartered sets up a trading desk for Bitcoin, making it one of the first global banks to enter spot Bitcoin trading.

• $84T wealth transfer from baby boomers to younger generations predicted to push Bitcoin to $600,000.

• Casa momentarily gets deplatformed from Stripe.

• European Union postpones vote on controversial surveillance measures informally dubbed ‘Chat Control 2.0,’ which would have mandated bulk scanning of digital messages, including encrypted communications.

• Tyler and Cameron Winklevoss each donates $1M in bitcoin to Trump’s presidential campaign to support an end to Biden’s war on crypto.

• Marathon uses bitcoin mining to heat a town of 11,000 in Finland.

• Marathon announces they will start mining sh!tcoin Kaspa (KAS) 'to further diversify its portfolio of digital asset compute.'

• Merlin Chain launches Merlin's Adventure, a $210M grant program to boost Bitcoin Layer-2 development.

• Defunct Bitcoin exchange Mt. Gox to distribute $9B in bitcoin stolen in its 2014 hack to victims starting in July 2024.

• Ian Unsworth, co-founder of Kairos Research, explains why selling Mr Gox BTC won’t affect its price so much.

• Bitcoin whale donates $500,000 in bitcoin to cover Julian Assange’s private jet home.

• Geyser launches a fund page to support Julian Assange, with all sats forwarded to Assange to cover his repatriation and health costs.

• Metaplanet, Japan's Microstrategy, announces $6.2M bond sale to buy more bitcoin, stock jumps by 9%.

• German government to sell another $24M Bitcoin of its $3B of bitcoin it seized from a movie piracy website.

• Greenpeace USA spreads FUD again with a new 'study.'

• International Business Times says Bitcoin mining can help achieve 'net zero by 2050.'

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

• Camus posts a video of BlackRock's CEO, Larry Fink, expressing wishes to surveil everyone with a 'true global digital currency' (June 18 | 0:18 min watch).

• PolarBitcoin posts a video of his experience as he buys arancini (Italian rice balls) at the only bar in Syracuse, Sicily accepting Bitcoin (June 19 | 0:57 min watch).

• Rishi Sunak elaborates on his plan to close the bank accounts of young people who refuse 'national service’ (June 22 | 1:31 min watch).

• Coinkite posts a video demonstrating how to use the new NFC (Near Field Communication) push transaction feature on the COLDCARD Q and Mk4 devices in a few easy steps (June 26 | 2:42 min watch).

• Robert Breedlove posts a video of his discussion with Tom Bilyeu on Bitcoin as a revolutionary idea that might feel like a religion now but is becoming a fundamental part of society (June 25 | 4:36 min watch).

• Southern Bitcoiner posts a video explaining how to set up a Bitrefill account and demonstrates making a purchase using Bitcoin (June 23 | 6:00 min watch).

• Africa Free Routing posts a short documentary providing a brief look at the intensive training program at the Lightning Developer Bootcamp, Nairobi 2024 (June 25 | 7:09 min watch).

• The Maxis Club Show, the animated Bitcoin sitcom project inspired by Bitcoin memes, releases its premier episode (June 21 | 7:26 min watch).

• Bit Intelligence posts a video of Andreas Antonopoulos discussing how Bitcoin is revolutionizing finance, empowering individuals with complete control over their money, and shaping a decentralized future (June 20 | 12:39 min watch).

• Only The SAVVY posts a video of Michael Saylor discussing Bitcoin's transformative potential, emphasizing that its adoption is driven by necessity, particularly during economic crises (June 26 | 15:01 min watch).

• Swan Bitcoin posts a 21 Series episode of Samson Mow discussing Bitcoin's transformative impact on global economies, developing nations, and traditional financial systems, while exploring strategies in Bitcoin mining and Bitcoin-friendly jurisdictions (June 25 | 15:58 min watch).

• Get Based explains how Michael Saylor and MicroStrategy exploited the financial and monetary systems to pull off the most clever and successful business manoeuvre of the decade (June 26 | 16:05 min watch).

💥 MEME BREAK

AFFILIATES & REFERRALS

• 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]