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- Strike Launches in Philippines, More NOSTR and SWIFT - Week 25
Strike Launches in Philippines, More NOSTR and SWIFT - Week 25
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News
Strike Launches in the Philippines
On Tuesday, Jack Mallers announced that Strike, the remittance competitor to SWIFT, has launched in the Philippines.
According to a TechCrunch article, there is ~$12.7 billion USD in sent from the US to the Philippines through remittances.
Strike uses Lightning to transfer money for users. The main benefit to the user is saving on costs. Strike users pay only a few cents in fees.
Send Globally 🇵🇭⚡️
Strike users can now send US Dollars direct to banks and mobile money accounts in the Philippines!
#Bitcoin, as an open, global, instant, cheap settlement network, is now acting as the superior payment rail for the world.
🚀⚡️🌏
— Jack Mallers (@jackmallers)
Jan 31, 2023
Nostr Client Damus Launches on App Store
Nostr is a free open-source (FOSS) software that is aiming to be a decentralized alternative to Twitter.
On Tuesday, Damus was officially released on the Apple App Store. People like Jack (ex-twitter CEO and founder) stand behind this open-source software.
The power of Nostr is that no one can shut down or block users from posting, creating an uncensorable platform.
a milestone for open protocols...
#nostr is now officially on the Apple App Store with @damusapp:
— jack (@jack)
Jan 31, 2023
CNN Reports The Benefits of Bitcoin Mining?
Historically, outlets like CNN and CNBC have been against bitcoin mining and its supposed effect on the environment. This video reports how bitcoin miners capture heat that can be recycled and used for flowers, coincidentally “tulips.” In the past, bitcoin bull markets have been compared to the tulip bubble in the 1600s.
Luxor Releases ASIC Broker Exchange
Luxor has just released a new platform allowing users to place machine bids. According to Guzman Pintos, this is the first Request-for-quote (RFQ) platform for Bitcoin miners. More information is in the thread here.
Price
Since the quick climb from $19,000 to $23,800, bitcoin has flattened out, stabilizing around the $23k USD area for the last 24 hours or so.
Bitcoin looks to have broken the long-term holder cost basis again. LTH cost basis is the calculated purchase price of users that purchased one year in the past, according to the analysis of UTXOs. This has historically been a signal that the bear market is over.
Tweets
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: "#Bitcoin is the ₿iggest invention of my lifetime", explains Strike CEO @jackmallers
— Documenting ₿itcoin 📄 (@DocumentingBTC)
Jan 31, 2023
Don’t forget: They printed $10,000,000,000,000 gave out $1,400 in stimmy checks, sent the rest to their homies, left you with 10% inflation and a 8% mortgage rate.
Brilliant for a few, very painful for you. That’s the fiat system. #Bitcoin fixes this.
— Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger)
Jan 31, 2023
📢 🧵THNDR Thread:
Top 5 ways to earn Bitcoin in 2023
[A list with the best and easiest ways to stack more sats in 2023.]
👇
— THNDR (@THNDRGAMES)
Jan 31, 2023
Pure silent heating elegance.
#Bitcoin Space Heater.— CryptoCloaks ™ (@CryptoCloaks)
Jan 31, 2023
Bitcoin has experienced five price declines of over 75% and has still outperformed equities, bonds, and gold.
— Yassine Elmandjra (@yassineARK)
Feb 1, 2023
Jobs
What to read
The Bullish Case for Bitcoin - Vijay Boyapati