CambsBitcoin

Please welcome our newest addition to the #Bitcoin marketing department.

Jamie Dimon, #bitcoin use cases are: - Money laundering - Fraud - Tax avoidance - Sex trafficking JP Morgan, hold my beer...

@SamanthaLaDuc @Lisa00007369 With respect, you may want to reread that tweet and think on it awhile.

I've done transactions in fiat and bitcoin. I haven't done transactions in gold, Apple stock, or anything else. I can send bitcoin to anyone with an internet connection globally, within the hour on-chain, or within seconds via Lightning, with no centralized party capable of blocking it. Meanwhile, my international fiat wire transfers take days and often get blocked by centralized parties and then I have to sort through layers of bank customer service to figure out which side the blockage occurred on and why. Happens all the time. And recipients of international dollar transfers that don't have access to eurodollar accounts often get forcibly converted into local currency at fake exchange rates, whereas sending bitcoin can reach them directly, around their local banking system. Bitcoin can be brought across borders in unlimited size, whereas fiat and gold are very limited at ports of entry. That doesn't matter much to most Americans but it can matter a lot for people in the 160+ other currency monopolies in the world that often want to leave one country for another with their savings intact. It's not theoretical- I personally know people that have done this and have fled hyperinflationary jurisdictions thanks to it. That's a monetary use case. I've spoken with plenty of human rights advocates in authoritarian countries who turned to bitcoin when their bank accounts were frozen. It helps them keep receiving donations, keep their funds from getting arbitrarily taken, etc. That's another monetary use case. It's the fallback for financial de-platforming, confiscation, censorship, etc. When I travel globally, which I do many times per year, I can't access any of my physical gold in the United States, and all of my modes of payment (other than a small wad of physical cash) are reliant entirely on an international chain of credit- I have to trust my U.S. banking institutions and their various counterparties to keep my cards working. But I can customize some of my bitcoin setup so that I can access self-custodial bitcoin anywhere, which could be helpful in a pinch. In some countries I can spend it directly on merchants, while for others there are peer-to-peer marketplaces to convert it to local currency, which greatly increases my options if need be rather than making me entirely reliant on my institutions back in the US. So, what someone gets by holding bitcoin is optionality and global availability that their other monies can't provide them, and in a package that has less ongoing supply dilution than fiat or gold (and ultimately with zero dilution). And then on top of that, there is an investment thesis that this money will continue to catch on due to having the above-mentioned characteristics, and thus reach closer to its total addressable market (which is basically anyone who wants to hold some nonzero percentage of their net worth in self-custodial and globally portable money that can't be diluted). Even if one is in a jurisdiction where they don't feel those attributes are helpful to them and thus doesn't directly hold it for its monetary properties, they might instead hold it within an investment vehicle because they view those attributes as being attractive to others and thus likely to continue gaining adoption. The majority of bitcoin doesn't move very often, because it's held for savings or a long-term investment outlook. But the fraction that does move, can move with very high velocity due to how efficient it is. Due to the fact that modern monies get rapidly diluted, we tend to treat money and investments as separate, whereas with bitcoin, some portion of it can be locked away as savings/investment, while another portion can be used for spending or working capital.

Driver refuses to stop for Just Stop Oil protesters and keeps his foot on the gas. Would you do the same?

Love this team photo @bitcoin_racing .... and ABSOLUTELY LOVIN' @PantiesBitcoin. Thank you so much for supporting us! Amazing items, incredible quality & simply the best packaging we've ever seen! @freeourmoney @Bitcoin_Mum @bitcoinmum21 @MackenzieBTC @prem_zbd

₿ racing 👌

@BitcoinEventsUK npub1cfuu8p6wqqkvepuhzcxj484qc8xvx55vjuj6fk6u4fneesknjjesz6uhv9

UK #Bitcoin Meetup, #Nostr npub roll-call… Go!

“The society that separates its scholars from its warriors will have its thinking done by cowards and its fighting by fools.”—Thucydides

Honestly if you didn't get to go I am so sorry. The whole team at @SuffolkJungle smashed it and the community being built around @SuffolkBitcoin, @NorfolkBitcoin, @CambsBitcoin and elsewhere in the country is something purely magical. You lot are an absolute treasure.

We present the new Bitcoinize Machine ‼️ The first Point of Sale device optimized for #Bitcoin and #Lightning, ready for contactless payments with the Bolt Card⚡️ Choose your preferred wallet & join the peaceful revolution Buy it until 20/08, only at 👉 Bitcoinize.com

The new global reserve currency #Bitcoin

Great informal ₿ meet up at the Rising Sun pub tonight. Good beer & interesting conversation made for an enjoyable evening.

Six years ago today, bitcoin proved itself as a decentralized system no one controls. Listen to @adam3us explain ↓

NEW: 🇺🇸 US Treasury expects to borrow an additional $1.8 TRILLION by the end of the year 👀😱

🔊New Meetup listed📢 @CambsBitcoin Get ready for more #Bitcoin meetups in Cambridgeshire. Checkout the website for more details. bitcoinevents.uk/cambridgeshire…

Quick #bitcoin story… SAT - I’m playing basketball and notice a dude wearing a @CoinbitsApp tee. Obviously, I acquire this chad’s number SUN - We learn that he owns a coffee shop super close to our apt MON - @Hodlingcarla and I meet him for coffee. We chatted for hours about life & bitcoin WED - He hosts a meetup at his coffee shop. Bitcoiners came through and represented 💪 SAT - Just 7 days later, we paid for the first coffee coffe ever in Guadalajara, Mexico with #bitcoin📍🇲🇽 I fkn love bitcoiners

@BitMan_PoW @BloodIron79 It’s time

DR MIKE YEADON (EX-PFIZER): "We must be compassionate to the deceived and injured. It’s scary to even contemplate what I’m arguing is happening. Denial is a considerable comfort. Unfortunately, it’s also lethal, when you face sock puppet governments who are doing the bidding of powerful, evil people who have no regard for your health or that of your children and grandchildren." covidtruths.co.uk/2021/05/dr-mik…

Meeting for lunch on Tuesday 1st at Milano’s Cafe at 13:30. Any local Cambridge bitcoiners & any others from further afield, please join us for an informal bitcoin chat. Milano Cafe 62 St Andrew's St Cambridge CB2 3RR