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Correcting Gold Bugs, plus Important Bitcoin Updates - Daily Live from 4/10/23 | E342

Bitcoin & Markets

CHAPTER

Bitcoin Is a Proxy for Great Power Competition

Russia is coming up quickly and I have been reporting on a lot of this news out of Russia with state sponsored hedge funds raising money to invest in Bitcoin mining. What that promotes is this Bitcoin is a proxy for great power competition. And yeah, so I think all of these kind of pieces are falling into place that this will become the meme. We'll see it first Bitcoin has to defeat all the crazy climate people. So all right. Next story is another protocol for pictures on oops on a Bitcoin on Bitcoin Bitcoin stamps. There's a new way of storing images directly on Bitcoin, but they're very different from ordinals.

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