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The World Needs Bitcoiners’ Relentless Optimism – Bitcoin Magazine

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2 years ago

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While the majority seem not to question society’s prescribed way of life, Bitcoiners cannot be tamed.
First off, I recently read Aleksander Svetski’s article “Bitcoiners Are the Remnant, The Masses Don’t Matter.” It hit a chord at my deepest core and what he was elegantly articulating in that piece inspired me to write this.
Bitcoiners, here is my ode to all of you:
“Bitcoin fixes this!”
The phrase has become like a mantra in the Bitcoin space, being spoken on podcasts and used to create memes on social media. For those of us who are already orange pilled, we understand the significance of Bitcoin — the purest form of hard money that has ever been invented in human history.
Bitcoin can starve the beast of central banks that have perpetuated rapacious war, exploitation and oppression. The fiat dark ages are now finally coming to an end. Bitcoin has helped us see a glimpse of a new world in which humanity can become free from misery and suffering created by the few.
This new vision of the future gives us hope. It is the source of bitcoiners’ relentless optimism. The creation of Bitcoin brought excitement in the world. For some people, this enthusiasm over time got transformed into a kind of peacefulness inside them. Personally, I found a sense of relief, as if all of a sudden, a heavy weight on my shoulder got lifted, I became permeated with the sensation that everything is going to be alright.
I am sure that I am not the only one to have experienced this. Many of us have gone through our lives being haunted by the feeling that we can’t quite explain. In the film “The Matrix,” Morpheus told Neo:
“What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad.”
We have been looking for answers to the problems that we can’t quite articulate. This civilization run by the fiat regime operates like the matrix control system. Through the global financial Ponzi scheme that enriches those who are close to money printers, it creates a paradigm of materialism, confining us within a perception of mere physical existence.
In the consumer capitalism harnessed inside “The Matrix,” we are being pushed down to stay in survival fear and become dependent on the system. We are made to seek our sensory pleasure and only to satisfy fleeting desires.
Like me, you might have felt that life is more than just eating, sleeping and being entertained. We have been searching for meaning. Somewhere at a deep level, perhaps we knew that this system does not nurture and nourishes us. In fact, many of us have probably felt that by adjusting to this society, parts of ourselves are dying.
Our culture denies the intrinsic value of our personhood and destroys our dignity. The banking model of education teaches us to be passive students who simply store the information that self-appointed authorities handed down to us. Instead of creating critical thinkers, this mind control program has produced a population that is obedient, being easily manipulated and corralled like a herd by mass media.
In the fiat system’s centrally-planned economy, we all are treated like rats in a Skinner Box. Being conditioned with low expectations of life, people get on a hamster wheel of meaningless nine-to-five jobs to keep a debt cycle going. The incentives that are misaligned with our self interests punish our will to self determination, creativity and the pursuit of happiness. Through stimulus and response, we are made to give up our dreams and are being rewarded for the sacrifices we make for the good of a society.
The world has become full of grown ups who are cynical, pessimistic and can easily become fearful. The fast pace of life made us unable to enjoy the smiles of our children, to cultivate our friendship and appreciate our connection with our loved one. In the environment that has now turned into the corporate wasteland, we became disconnected from beauty that surrounds us every day.
As, one by one, people have been domesticated, we Bitcoiners couldn’t be tamed. While a majority of people seem to not question society’s prescribed way of life and are able to go along with it, we Bitcoiners couldn’t easily accept society’s expectations.
Here, I speak for myself: Growing up, I always felt like an outsider, not being able to fit in. At times, I could not shake off the feeling that I didn’t belong to a culture that I was born into. Being surrounded by people who speak the same language and look like me, somehow I felt like a foreigner. My peers didn’t quite get me and I often felt misunderstood by my colleagues and associates at work.
If you are reading this, you might be able to resonate with this strange feeling that I carried through my life. Let’s face it, you might agree with me saying this. We were called geeks, lunatics, fringe, and radicals, long before Bitcoin came into our lives! We were often ridiculed and called crazy. People around us saw us being eccentric and overly idealistic.
Let’s admit it: We’ve been “toxic” maximalists, freedom lovers and revolutionaries even before we made our first bitcoin transactions. We are remnants who are compelled to reject the status quo. We were willing to remain as a minority, accept all stigma and labels by refusing to trade our authenticity for acceptance. Some interpreted our rebelliousness as us being too stubborn or unreasonable, when in truth we were simply not willing to compromise our values.
Bitcoiners are deviant from the norm — an anomaly that creates a glitch in the matrix. We could not accept the fiat’s standard of living that constantly steals our energy through inflation and keeps us in perpetual state of poverty and sickness. We couldn’t even if we wanted to. Why?
Somehow, we are equipped with an internal guide system that others don’t seem to have. It is like a compass that helped our ancestors navigate in a jungle as they paved the way toward a civilization. We had this laser-eyed vision to see the bright North Star in the dark night sky that shines the light on paths to our destination.
Psychologist and founder of archetypal psychology James Hillman wrote in “The Soul’s Code: In Search of Character And Calling”:
"Sooner or later something seems to call us onto a particular path. You may remember this ‘something’ as a signal calling in childhood when an urge out of nowhere, a fascination, a peculiar turn of events struck like an annunciation: This is what I must do, this is what I've got to have. This is who I am." 
We heard a call, a tiny voice inside us that asks us to remember who we are. It is the heart that communicates with us through calm sensation of love, joy and excitement. While others around us seem to have forgotten this “something” that gives us life, we could not. When a majority of people in our society learned to suppress this subtle signal coming from within through medications and indulging in entertainment, we could not, but choose to follow this internal voice that gently nudges us to do what makes us come alive.
Whether we know it or not, we’ve been searching for our connection to our soul. Our desire to exit from the destructive fiat matrix was driven by our deep yearning to claim our own individuality. Then came the 2008 financial meltdown. As trust in institutions weakened, our reality began to collapse. This has created an existential crisis for humanity. As layers of our identities wrapped up in the modern nation state were slowly being peeled off, a new foundation of our society began to emerge.
Satoshi Nakamoto, the mysterious creator of Bitcoin, cracked open the matrix, beginning to transform it into a womb in which new humanity can be developed. Bitcoin began to activate a soul’s code. Emitting high frequencies, it sent out a signal. We heard the voice that comes to us from the future. We slowly began to remember ourselves in childhood whose boundless imagination could reach the stars!
The signal that now got amplified through the network effect began to transform lives of those who have received it.
Our universe has been taken under the control of power hungry parasites. A global syndicate of central banks warps space and time through money made out of thin air. Through gravity, they create a black hole destroying stars and absorbing all light into their emptiness. In their artificial world maintained through infinite money printing, the land becomes barren and people are made to be sterile and can’t produce anything. As a debt spiral increasingly captures all that moves, now Bitcoin has come to our rescue.
Recognizing an escape route that Bitcoin opens up, the head of the European Central Bank, Christine Lagarde, called for global regulation.
Now, through the darkness inside Bitcoin mining, stars begin to reappear to form a new galaxy. Every 10 minutes, as new bitcoin enter into the world economy, the network gives birth to new humanity that can resuscitate this dying world.
In the novel, “The Neverending Story” (“Die Unendliche Geschicht”) written by Michael Ende, “the childlike empress,” the supreme ruler of a mythical land called Fantasia, has fallen into illness. Her beautiful magical country begins to be destroyed by an evil force. In order for her to regain her strength, she needs a child in the human world who can dream and give her a new name. She calls a young boy, Bastian, to make wishes and keep her alive.
“Bastian: How many wishes do I get?
The Childlike Empress: As many as you want. And the more wishes you make, the more magnificent Fantasia will become.
Bastian: Really?
The Childlike Empress: Try it… The emptiness cannot be destroyed; it has to be filled with love.” 
The world needs human beings who can envision a future with enthusiasm. Without our ability to imagine, the earth will become a hollow desert which nothing can inhabit. It is through our dreams and wishes that the world would come alive. The land becomes fertile and flourishing. Its people become healthy, prosperous and abundant.
The age of Bitcoin has begun. We, Bitcoiners are bringers of hope. For those of us who embraced sats in the heart, we are visionaries, artists, prophets and pioneers of this new world. We are the way shower. We are here to facilitate user activation of the soul’s code across a network.
“Imagine there's no countries
It isn't hard to do
Nothing to kill or die for
And no religion, too
Imagine all the people
Living life in peace…
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will be as one.”
–John Lennon, “Imagine”
Bitcoiners, it’s time for us to wake up to our existence as infinite creative beings. With money backed by our source energies, now we can create a new operating system of reality and upgrade our civilization.
As we reconfigure ourselves by integrating new codes in our field of consciousness, we can now transcend the false matrix, its limiting beliefs and mentality that keep us powerless. Stack harder and HODL to keep our vibrations high. Laser beam focus toward hyperbitcoinization to create a heaven on the earth.
The sky's our limit. With sparkles in our eyes, let’s make magic and show the rest of humanity what is possible.
This is a guest post by Nozomi Hayase. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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Polygon Reveals Details About Its Future Collaboration With LBank During AMA – Press release Bitcoin News – Bitcoin News

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2 years ago

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November 7, 2021

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PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA.
Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, Polygon breaks through these limitations by aggregating scalable solutions on Ethereum and supporting a multi-chain Ethereum ecosystem.
Polygon Outperforms Ethereum In-terms Of Active Users
As a layer 2 solutions aggregator built on top of Ethereum, Polygon has made some great achievements since its birth, its POS chain has over 2000 DApps live and processes over 7 million transactions daily. In fact, Polygon now has more daily active users than Ethereum.
MATIC, the token for the polygon network, is already live on trading platforms like LBank Exchange, and currently the trading volume of it is over 1 billion across exchanges. Polygon team is aiming to make more people hold MATIC tokens, and it’s hoping to see MATIC’s trading volume on LBank Exchange continue to grow as well.
Expanding the Polygon ecosystem
With the power to bring thousands of new users into blockchain, NFT and Gaming markets are strategic sectors that Polygon continues to focus on. There are already some of the largest gaming projects live on Polygon, such as Decentral Games, Sandbox, Somnium Space, Vulcan Verse, etc. As for NFT projects, there are OpenSea, Lazy.com, Autograph, etc.
The team will be bringing many more such games and NFT projects onto Polygon so that its community can enjoy more artwork and fun. In addition, Polygon allows for massive scalability, and compared to Ethereum, minting costs on Polygon are 100,000 times cheaper on average.
Polygon also has products designed for enterprise customers who need privacy and scalability, such as Nightfall, a one-of-a-kind, privacy-focused Rollup that combines Optimistic Rollups with Zero-Knowledge (ZK) cryptography commonly used in ZK Rollups. It creates a scalable and private hybrid of the two popular technologies.
Polygon Nightfall has the power to bring many large enterprises into blockchain, the team believes that it will lead to a large number of transactions on Polygon and further add new projects and users to the Polygon ecosystem.
Big Plans Ahead
The Polygon team has already got some big plans ahead. On the technical side, Polygon is investing heavily into ZK and ZK Rollup technology, for example, the team has already spent $250 million on acquiring Hermez, which is a decentralized, open-source ZK Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum.
Polygon has also acquired another 4 teams to build more ZK Rollup chains, to achieve the goal of building highly scalable EVM enabled ZK Rollup technology. In addition, Polygon has updates coming for its POS chain and details on EIP 1559 implementation.
On the business side, Polygon has many exciting updates as well, with lots of big DApps and integrations planned. Significantly, Arjun, Polygon’s Head of Growth, points out that LBank is enhancing its global branding. He also assures that the love of the community makes the team achieve its goals, so it will continue to collaborate with LBank Exchange to bring more Polygon projects and tokens to the community. Polygon team will keep posting on its official social media accounts such as Twitter to reveal more details about future plans and latest updates.
 
About Polygon
Polygon is a layer 2 aggregating scalable solution on Ethereum that supports a multi-chain Ethereum ecosystem. The platform resolves the blockchain challenges like high gas fees, slow speed without sacrificing security. It is a protocol and framework to build and connect Ethereum-compatible blockchains.
Visit to Know more:
Website: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
Telegram: https://t.me/polygonofficial
Discord: https://discord.com/invite/polygon
 
About LBank
LBank is an ever-growing crypto trading platform which offers safe trading for the users worldwide. The team aspires to build the professional integration services for crypto-assets being a convenient trading platform. It has become popular with over 6.4 million users around the world.
Visit to Know More:
Website: https://www.lbank.info/
Twitter: https://twitter.com/LBank_Exchange
Telegram: https://t.me/LBank_en
LinkedIn: https://www.linkedin.com/company/lbank
Facebook: https://www.facebook.com/LBank.info/
 
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto … read more.
Check all the news here
Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto … read more.
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‘Trillions Of Dollars’—Bitcoin Braced For A Massive Earthquake As The Price Of Ethereum, Binance’s BNB, Solana, Cardano And XRP Soar – Forbes

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2 years ago

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November 7, 2021

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Bitcoin and cryptocurrency prices have rocketed over the last month, with the combined crypto market surging towards $3 trillion as ethereum, Binance’s BNB, solana, cardano and XRP make double-digit percentage gains.
Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains
The bitcoin price has climbed from around $45,000 per bitcoin in early October to all-time highs of $67,000 late last month, in part due to the launch of the first U.S. bitcoin futures exchange-traded funds (ETFs). Bitcoin has recently dropped back—despite huge new price targets even as ethereum and its smaller rivals hit fresh highs.
Now, Michael Saylor, a bullish bitcoin buyer, has predicted “trillions of dollars” will flow into bitcoin once the U.S. regulator approves a fully-fledged bitcoin ETF—helping bitcoin to replace gold and become the primary asset index for the Western world.
Sign up now for the free CryptoCodex—A daily newsletter for the crypto-curious. Helping you understand the world of bitcoin and crypto, every weekday
The bitcoin price has surged through 2021 but much of the crypto market’s gains have come from … [+] ethereum, Binance’s BNB, cardano, solana, and XRP.
“To do that, you need the spot ETF,” said Saylor, the chief executive of business intelligence software company MicroStrategy, speaking this week at Bloomberg‘s Financial Innovation Summit. “And once these spot ETFs roll, I think you’ll see billions, then tens of billions, then hundreds of billions, then trillions of dollars flow into them.”
Over the last year, Saylor has pivoted Microstrategy to a bitcoin acquisition vehicle, buying more than 110,000 bitcoins. The value of the company’s bitcoin holdings is around $7 billion, making up almost all of MicroStrategy’s $8 billion market capitalization.
Saylor said he expects a U.S.-based spot bitcoin ETF would act as an institutional on-ramp for investors who want bitcoin exposure, adding he’ll continue buying bitcoin via MicroStrategy. Such funds are already live in other countries, including Canada.
The launch of two U.S. bitcoin futures ETFs in October generated huge media attention, with the ProShares Bitcoin Strategy ETF accumulating more than $1 billion in assets in mere days. However, some, including general partner at Castle Island Ventures Nic Carter, have called futures-based ETFs “inferior” as they don’t give direct exposure to the underlying asset. Carter, speaking alongside Saylor, said a spot bitcoin ETF would be “the hottest commodity ETF launch of all time.”
“The right answer is: let investors buy a trillion dollars worth of bitcoin via an ETF because the ETFs plug into the existing security structure, the existing prime brokerages, the existing collateral packages,” said Saylor.
CryptoCodex—A free, daily newsletter for the crypto-curious
The bitcoin price has risen more than 300% over the last 12 months, making bitcoin a $1 trillion … [+] asset. However, bitcoin has been left in the dust by ethereum, Binance’s BNB, solana, cardano, and XRP.
Meanwhile, bullish bitcoin and crypto market watchers continue to predict prices will surge into the end of 2021. While bitcoin has lost ground this week, ethereum has added almost 5%, with its too biggest rivals, Binance’s BNB and solana, both surging by around 20%.
“Intraday volatility is completely normal after such a bullish month, but the higher time frame is looking solid for now,” Lukas Enzersdorfer-Konrad, chief product officer at Vienna-based bitcoin and crypto trading platform Bitpanda, said in emailed comments. “The crypto market is more integrated into the world economy every day which only shows how important it is for bigger institutions but on the other hand, is also under pressure from macro events.”
“A melt-up in bitcoin and ethereum into year-end is likelier than retracement, we believe, after 2021 corrections cleansed speculative positions, and with increasing demand and adoption, and declining supply, sustaining a bull market,” Bloomberg Intelligence senior commodity strategist Mike McGlone wrote in his latest market report, pointing to a “tidal wave of U.S. ETFs.”
“The startup of U.S. ETFs and the fact that cryptos counter China bans limit downside risks.”

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XRP Set for Massive Breakout With Altcoins Poised to Steal the Show From Bitcoin, Predicts Top Crypto Analyst – The Daily Hodl

Published

2 years ago

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November 7, 2021

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One closely followed crypto analyst is bullish on XRP and thinks that altcoins are in a prime position to outpace Bitcoin (BTC).
The pseudonymous analyst known as Credible Crypto tells his 257,400 Twitter followers that XRP’s price structure looks very similar to data-sharing protocol OriginTrail, whose native token TRAC just rallied more than 300% following its recent listing on Coinbase Pro.
He expects XRP to follow a similar path to TRAC, taking the cryptocurrency back to its previous all-time high of $3.40.
“The XRP chart below is from my last YouTube video on XRP made in August. The chart next to it is another coin that I came across today that has the same structure but is one step ahead with the 5th wave already in progress. Do you see it now?”
After Ethereum’s new breakout against Bitcoin (ETH/BTC), the trader anticipates ETH’s next leg up to kick off a new alt season.
He also notes that Bitcoin dominance has likely already topped out, further paving the way for an altcoin rally.
“ETH/BTC broke out today, closing above the key resistance zone I was watching. This is a great sign and indicates BTC dominance may have already found its top and alts may be about to steal the show, led by ETH.”
The analyst says that Bitcoin dominance dropping doesn’t necessarily mean that BTC’s price will drop.
No it just means that if BTC is rising alts will probably rise faster. We saw this in 2017 in the latter stages of the bull run as lots of new money started pouring in.
— CrediBULL Crypto (@CredibleCrypto) November 3, 2021

Taking a closer look at the top crypto asset, Credible says that Bitcoin is close to deciding whether it wants to break to the upside or continue ranging.
According to his analysis, a rejection of $63,000-$64,000 could take BTC back to major support around $58.000.
“63-64k tagged BTC. Now to see if we break out to new ATH [all-time high] or reject soon and continue to range.”
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