Tribe Vibe - The Halving Edition
A decrease in Bitcoin's reward
☀️ Hello Tribe Vibers! Now that we finally have the US Bitcoin ETFs out of the way, we can move on to talking about something else! Yeah! Phew! 😅
Welcome to another exciting week in Bitcoin! Coming up:
👩🎓 Bitcoin 101 with Penny Wise: The Bitcoin Halving
🗞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
🎓 Penny Wise: The Bitcoin Halving
Hi, I'm Penny Wise 👋
Today I am going to talk to you about Bitcoin halving 🌐. Approximately every four years 📆, the reward for mining new blocks is halved ✂️, decreasing the rate at which new bitcoins are created 💰. This event is known as the Bitcoin halving 🏦. It's significant because it reduces the supply of new bitcoins, which can impact the Bitcoin price 💹 and is a key part of Bitcoin's design to be a deflationary currency 💸
📈 Trending Topics in the News
The Scoop🕵️♂️: LLM training involves gathering diverse data, cleaning it, and training AI models to understand and generate language 🧠. This complex process, needing significant computational power, includes fine-tuning to specialise the model in specific areas 🔍 and reinforcement learning for aligning with human preferences 👥.
Why you should care🚨: Understanding LLM training helps appreciate AI's potential and limits 🌟. Fine-tuning tailors AI for specific tasks, while augmentation like RAG broadens knowledge without changing the core model 📚. As AI intersects with sectors like Bitcoin, grasping these details is key for effective use and recognising true innovation 🚀.
📚 Read more about this fascinating topic in this article by TFTC: https://tftc.io/llm-training/
The Scoop🕵️♂️: Much noise has been made about the fact that Vanguard does not have a Bitcoin ETF, however, they are the second largest shareholder of Microstrategy, which gives them indirect exposure as a firm to Bitcoin.
”Vanguard Group Inc. had an 8.24% stake as of September 2023, making it the second-largest institutional shareholder in MicroStrategy.”
They are also the largest shareholders of Bitcoin miner Marathon Digital Holdings…so lots of Bitcoin exposure (see screenshot below, source: Yahoo Finance).
Why you should care🚨: 💸 Watch what companies do, not what they say. JP Morgan CEO Jamie Dimon has spent years criticising Bitcoin, yet JP Morgan was recently named as an authorised participant for Blackrock’s spot ETF meaning that they are authorised to create and redeem baskets of ETFs.
💼 Women in Business
We discovered an interesting study indexed by Google in 2017 and updated in 2021 by BDC.
Every third woman (36.7%) admits that the main event pushing for interaction with cryptocurrencies was the appearance of someone from personal networks to “inspire” or inform them about the topic (friends, husbands, colleagues, etc.). The second place is occupied by the abundance of news about crypto (17.7%), the third includes getting the main job in crypto (15.7%).
The most popular reason to engage with the cryptosphere is to increase wealth (57%). The second and third places are held by the wish to try something new (50%) and the desire to gain financial independence (44.2%).
Most women prefer to invest in cryptocurrency (49%) or to store (‘hodl’) it (26.5%). At the same time, 19.7% of female respondents are involved in trading.
Freedom is one of the most attractive features the cryptosphere could offer to women. It is expressed in the opportunity to be responsible for their own decisions and manage their own finances, the absence of restrictions for citizens of certain countries, a wide selection of assets for investment/trading, many ways to make money, etc.
Most popular criteria for selecting an asset/project in a portfolio are the current capitalization of the asset (59.2%) and the ability of the project to solve practical issues (52.4%).
The most common problem that women face when trading/investing is the fear of missing (FOMO). This is true for 40.8% of the respondents.
Among non-obvious issues preventing women from entering the cryptosphere are joint family accounts and online communities where male users could verbally harass women.
At the beginning of their journey in the cryptosphere, most women would like to have more educational materials (72.8%).”
🧐 Do you agree with these insights, or not? Either way, we’d love to hear from you and get your thoughts at: firstname.lastname@example.org
Join Access Tribe
Are you curious about Bitcoin but find the tech talk overwhelming? Do you see potential in Bitcoin for your business or investments but don't know where to start? Access Tribe is your gateway to demystifying Bitcoin in a language you understand.
What's Inside for You?
Exclusive Insights: Enjoy podcast interviews with leading women in the Bitcoin industry. Participate in live Q&As and gain insider knowledge.
Meet the Authors: Engage directly with authors of pivotal Bitcoin literature. Dive deep into discussions that matter to you.
Tailored Tech News: Stay ahead with Bitcoin tech news curated for female founders. Discover practical applications for your business.
Hands-On Training: Learn Bitcoin technology at your pace, crafted for non-tech savvy members. Apply these insights directly to your business.
Why Join Us?
Community of Like-Minded Women: Connect with professionals, founders, and mothers who share your curiosity and ambition.
Non-Technical Learning: Our content is tailored to be engaging and easy to grasp, regardless of your prior knowledge.
Real Impact: Apply what you learn directly to your business and personal investments.
Limited-Time Offer: 50% Off Membership
For a short period, our annual membership is just $40! Join us in demystifying Bitcoin and applying it to your business and your life!
👉 Apply here: https://accesstribe.com/membership
🎟 Enter Discount Code: NEWYEAR
💡 Investor Vibes
About: The Lightning Network represents a transformative approach to Bitcoin transactions, allowing for the processing of global financial volumes without central custody of funds. 🌍💡 It operates through a decentralised system of micropayment channels, where value transfers happen off the main Bitcoin blockchain. 🌐🔗 This innovative method enables transactions between untrusted parties, secured by contracts enforceable via the blockchain, especially in cases of non-cooperation or hostility. The technology hinges on a new sighash type to address malleability, ensuring reliable and secure off-chain transactions.
Why you should care🚨: Integrating the Lightning Network into your business can revolutionise how you handle transactions. 💼💫 The Bitcoin blockchain, while promising, faces limitations in scalability and can't efficiently cover global commerce due to its current structure. 🌏📈 The Lightning Network bypasses these constraints, facilitating a high volume of transactions - far exceeding traditional systems like Visa - without the need for extensive bandwidth or storage. 💳💥 This means your business can enjoy the benefits of Bitcoin's decentralisation and security without the downsides of network congestion or reliance on centralised parties. Plus, it ensures low transaction fees, maintaining your business's efficiency and cost-effectiveness. 💰🚀
Investors: Investors looking to gain exposure to this technology can invest in companies like Lightning Labs who “develop software that powers the Lightning Network”.
Must-Have Tool: Nostr
Nostr is a protocol that returns the internet to something closer to what is was imagined to be 30 years ago. Nostr allows you to broadcast messages, which go to multiple relays rather than one centralised server. Anyone can host a relay and there are hundreds of them around the world. This means that your content cannot be censored, restoring free speech and the free flow of information. Users are rapidly shifting to these freedom and privacy preserving technologies. Don’t get left behind, join now!
Why It's Essential:
🔨 Big Tech and governments are in a panic. Controlling the narrative in the digital age is becoming increasingly difficult and they are playing a desperate game of whack-a-mole using increasingly authoritarian technical and legislative means. Don’t become a censorship victim!
💡Find out how to join Nostr with this simple guide step-by-step guide from TFTC: https://tftc.io/nostr-beginners-guide/
👩👧👦 Bitcoin for Kids
💰 Did you know that the Khan Academy finance course for kids includes a unit (Unit 8) which covers all aspects of Bitcoin.
📚 Login and learn here: https://www.khanacademy.org/economics-finance-domain/core-finance
🎧 & 🎥 Vibe of the Week
Must-Listen Podcast: 🎧 We recently interviewed Kristen Ragusin, author of “The End of Scarcity”.
We talked about:
✅ The history of money (not what you think!)
✅ Abundance and Scarcity
✅ What is reality?
📚🏆 KRISTEN RAGUSIN 🌍 is the best-selling author of "The End of Scarcity" professional wealth management advisor with over thirty years of experience. She is a certified digital currency expert 💰💳 and earned her master's degree from the Fletcher School of Law and Diplomacy at Tufts University 🎓.
She holds certificates in FinTech from MIT and in money mechanics from the University of Cumbria, London 🌐. Kristen loves the adventure of life 🌴🎒.
Her journeys throughout the world include climbing Mount Kilimanjaro ⛰️, hiking through the Sahara Desert 🏜️, and studying at a spiritual school in the foothills of Southern India 🕉️🧘.
You can follow Kristen across platforms @KristenRagusin for X, Instagram, Facebook, LinkedIn, Tiktok
📚 Her book is called "The End of Scarcity" and is available on Amazon and other major book retailers.
🎥 Watch our full conversation here:
👋 See you all next week for more Tribe Vibes!