🇨🇭 More politicians, diplomats and members of parliament are adopting #Bitcoin in Switzerland – Head of Lugano's Plan ₿.

Bullish 🚀

JUST IN: Asset manager Vanguard Group, with over $7 trillion AUM, has purchased a 10% stake in #Bitcoin  miner Riot Platforms.

Not only are institutions here but they are coming for your #Bitcoin.

Don't give it to them.

🇬🇧 NEW: Bank of England Governor, Andrew Bailey, says Bitcoin has no intrinsic value.

"Bitcoin is highly volatile and has no intrinsic value. It is best treated as extremely speculative investment."

Yet #Bitcoin is a commodity.

Do you know what has no intrinsic value by definition? FIAT money.

🇧🇷 NEW: Developer claims he found lines of code in the open source project of the pilot Brazilian CBDC that would enable Brazil's central bank to freeze funds❗️

"From 1945 to 2022, the total amount of debt (public and private) in the US increased from $363 billion to $93,497 billion ($93.5 trillion).

That was a 7.5% annualized increase. And it was very smooth- there was only ever one time where it decreased slightly: 2009."

- Lyn Alden

#Bitcoin solves this.

Exchanges with 20k #Bitcoin or less.

Luno = 1,898K (0.01%)
https://Gate .IO = 6,297K (0.032%)
Bitstamp = 11,960K (0.062%)
Bithumb = 10,415k (0.054%)
KuCoin = 14,612K (0.075%)
Poloniex = 17,510k (0.09%)
Huobi = 18,258k (0.094%)

Which one goes to 0 first?

Quick reminder to take your coins off of exchanges.

🇮🇹 Italian bank deposits dropped by 💶 €20bn in May, as people seek better remuneration to counter rampant inflation and ECB rate hikes 👀

Study #Bitcoin

Bitcoin broker Coinfinity has integrated the Lightning Network into its services ⚡️🚀

https://www.btctimes.com/news/bitcoin-broker-coinfinity-incorporates-lightning-network

ICYMI: Here's the video of the Former SEC Chairman Jay Clayton saying "companies whose reputation in the market matters think the protections around the #Bitcoin market are sufficient that they're willing to put their name on it. This is an incredible development. Not one that I expected, but it's pretty remarkable."

#Bitcoin hashrate is coming back to all-time highs.

🟠 Bitcoin can be stored literally as colors.

Read that again.

Developers found a way to convert bitcoin "private keys" or "seed phrases" into a sequence of colors linked to their hex codes.

Imagine using a colorful painting on your wall as your secretly encoded bitcoin password.

92.5% of all the bitcoin has officially been mined. Only 7.5% left.

Get yours while you still can.

🇵🇰 NEW: Pakistan Central Bank SBP continues to work on creating its own digital currency, which is expected to replace physical cash 😮

🇸🇻 #Bitcoin education is on the rise in El Salvador as #Bitcoin Core Developer, Peter Todd, explains the inner workings of an ASIC to CUBO+ students 🙌

🇺🇸 JUST IN: ✉️ Open letter to the #Bitcoin & digital asset community asking for taxation suggestions released by US Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo

A tale of two stores of value

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🇺🇸 NEW: CPI at 3.0%. expected at 3.1%