The Freedom Edition
Hello Tribe Vibers! 🌟Happy November!
Welcome to another exciting week in Bitcoin! Coming up:
🗞News: The latest Bitcoin News
👩💼Women in Business: Where the action is happening
💰Investors: The hottest startup in Bitcoin this week
💼 Founders: The must-have tool for your Bitcoin-powered business
🐣Moms: Tips on how to teach your kids about Bitcoin
🎧 & 🎥Vibe of the Week: Our content recommendations
📈 Trending Topics in the news
The Scoop:🕵️♀️ The Fed has threatened to sue Bitcoin Magazine over their apparel 👕 which parodies the FedNow, alleging copyright infringement.
Why you should care: The Federal Reserve's cease and desist demand was universally received with derision, especially from Bitcoin Magazine's legal team. The consensus among media experts and Bitcoin scholars is clear: they interpret the Fed's move as a display of deep-seated vulnerability. It underscores the institution's anxiety in the shadow of Bitcoin's unassailable and superior monetary system, which can do everything the Fed does (except print money), but better.
The Scoop: During the recent US Senate Banking Committee hearing, Elizabeth Warren reinvigorated her war on crypto, claiming that if the senate would only ban self-hosted wallets they could choke off funding for Hamas. She blithely ignored that the numbers used to evidence Hamas’ use of crypto were wildly inflated, as well as the fact that the vast majority of terrorist funding comes through existing banking channels…using Fiat. 🤔 Perhaps, she should consider banning Fiat. 📺 You can watch the full hearing here, her statement starts around 1:50 and lasts to 1:55.
Why you should care: Bitcoin was created with the express aim of being a “peer to peer electronic cash system” that allowed for self-custody of assets and the elimination of counterparty risk. However, obliging Bitcoin users to utilise 'sanctioned' centralised services could reintroduce the very counterparty risks and systemic issues inherent in the traditional financial systems that Bitcoin was designed to rectify. Ironically, Senator Warren, a noted critic of major banks, appears to be undermining the very technology that addresses these banking issues. Moreover, it is particularly disconcerting that her actions utilise the recent deplorable terrorist acts by Hamas to further her agenda, compounded by the fact that she has received numerous donations from individuals within the finance sector.
The Scoop: Marathon Digital Holdings, a leading company in the Bitcoin ecosystem, has initiated a 280 kW Bitcoin mining pilot in Utah, utilising landfill methane gas as a renewable energy source, making the operation fully sustainable and off-grid. This innovative project aligns with the United Nations Environment Programme's stance on methane's substantial environmental impact, as it captures and converts methane—a potent greenhouse gas—into electricity for mining, which may significantly reduce emissions. Marathon's Chairman and CEO, Fred Thiel, highlights the dual benefits of environmental improvement and energy cost reduction, with prospects of expanding this initiative if the pilot yields promising results. Marathon encourages further exploration into the role of Bitcoin mining in environmental management through its report "Cashing in on Trash", which you can read in full here.
Why you should care: ⛏ Bitcoin mining is probably the most effective technology for profitably capturing methane. This allows 🌳 environmental initiatives to operate efficiently and provides green incentives that do not require government subsidies.
Women in Business
💼 If you missed our recent female founders course “Every Business Will be a Bitcoin Business” you can still access all the sessions recordings, plus all future content, courses and events for just $80 per year with an Access Tribe premium membership. Apply to join here and use code JOIN for 15% off.
💰To understand why this technology is so important for the future profitability and resilience of your business, watch our opening session below:
Hot Company: Theya Inc has fully launched its mobile, multi-sig, self-custody solution
Launched: Theya graduated from the W23 YCombinator Program, going live earlier this year
📚 Read our recent article about Theya here: https://www.accesstribe.com/post/spotlight-on-theya
Why you should care: Theya provides the first mobile multi-sig solution that is non-custodial, combining both security and convenience
Current Features: Bitcoin-only, self-custodial, multi-sig, mobile
Investment: Theya recently raised an undisclosed seed round.
Must-Have Tool: L402
Summary: Lightning Labs recently introduced L402. In laypersons terms, L402 allows AI to make payments across decentralised networks (like Bitcoin). This is HUGE, because it means that AI can now spend Bitcoin for you.
@BTCCasey wrote a great explainer for Bitcoin Magazine, which breaks the technology down in terms that most people can understand.
Usability: This innovation is still very new, but the applications are extremely exciting.
Why It's Essential: At some point, we will all have AI assistants to do our admin. If the assistant can’t pay your bills, what is the point? 😁
First Steps: Bitcoin technology guru Hannah Rosenberg recently hosted a workshop to explain how to integrate this into your business.
Bitcoin for Kids
Educational Tools: Many of you may already follow Tara Annison, previously Head of Crypto Advisory/Education at Elliptic, and now Head of Product at Twinstake. What you may not know, is that Tara also wrote a Bitcoin book for kids, which you can purchase here. Last year, we gifted 🎁 this book to several children and it was well received!
Vibe of The Week
🎧 & 🎥 Must-Listen/Read/Watch: We recently hosted livestream with Tali Lindberg, founder of Free Market Kids and Host of the Orange Hatter Podcast. Catch up on our conversation below.
🎓Lessons about education, homeschooling, teaching kids about Bitcoin and running a Bitcoin Business.
👋 See you all next week for more Tribe Vibes!