1. Home
  2. Discover
  3. Crypto
  4. Marty Bent

Marty's Ƀent - February 8th, 2021 - Issue #924

Monday, February 8th 2021 - Issue #924

This is going to happen faster than most people expect
I'm sure by this point in the day you freaks are well aware of the fact that Tesla announced that it stacked a few sats last month. The importance of this development cannot be overstated. One of the most popular companies on the planet run by the richest man on the planet has thrown its weight behind bitcoin as a treasury asset. Even going as far as to allude to the fact that they may never convert their sats back into cuck bucks in their SEC filing that made this news public. Another huge domino has fallen. 

Maybe this should be a personal internal counter-indicator, but I think this Bitcoin thing is going to happen much faster than most people expect. The gravity around the network is simply too strong at the moment. We've been talking about the cultural tipping point that was reached in 2020 for the first six weeks of this year. Tesla's foray into Bitcoin is simply a continuation of the growing trend of cultural acceptance.

Many people like to say that "timing is everything". The timing of the culmination of the cultural tipping point we're witnessing at the moment with the developments around the network and the understanding of its limitations could not be more perfect in your Uncle Marty's humble opinion. There's certainly a lot of work to be done on the technical side of Bitcoin. However, my expectations of the pace of development on, around, and on top of the network are being consistently exceeded.

Just this morning, two things flew past my radar that made me think, "Wow. I was not expecting this." 

First was Bluewallet's announcement that they are releasing something that would turn mobile devices into cold storage devices.    
The second thing that caught my attention was this piece from Breez Wallet that gives a perspective of how to view the Lightning Network, and the scarcity of inbound channel liquidity specifically. 
These two things may seem innocuous at first glance, but I think they highlight two beautiful things that are going on at the moment in the Bitcoin world; massive UX improvements and the market coming to a better understanding of the limitations and value of the Lightning Network.

These things happening at a time when those with tons of capital are beginning to grok Bitcoin to such a degree that they feel compelled to adopt it is going to set off a flywheel of adoption and innovation that is going to make people's heads spin. It is also going to usher in a Bitcoin Standard much faster than most people are currently anticipating.

Ye been warned. I'll leave you with this thought experiment from Preston Pysh. 
Final thought...

That was a weak Super Bowl.
Looking to buy bitcoin with ease? Download the Cash App, use the code "stackingsats", get $10 and Cash App will send $10 to our friends at OWLS Lacrosse.
If you'd like to set up a one-on-one chat to learn more about Bitcoin I offer consulting services for an hourly fee. Please feel free to respond to this email if you're interested.
Share
Tweet
Forward
Hope you enjoyed today's issue. If you have any friends that are looking to find out more about Bitcoin have them sign up for this newsletter here:
 
Get Ƀent

Ƀent noun 1. direction taken, as by one's interests; inclination.

Thanks for reading Marty's Ƀent, a daily newsletter containing all the information I found interesting in the Bitcoin world in the last 24 hours.
Copyright © 2020  TFTC.io, LLC  All rights reserved. 

Want to change how you receive these emails?
You can update your preferences or Ƀent Over!
 

Older messages

The Sat Standard - Bitcoin Weekly - Feb 6 2021

Saturday, February 6, 2021

This week in bitcoin. Straight to the point. No bullshit. Every Saturday. View this email in your browser The Sat Standard This week in bitcoin. Straight to the point. No bullshit. Every Saturday.

Marty's Ƀent - February 5th, 2021 - Issue #923

Friday, February 5, 2021

Friday, February 5th 2021 - Issue #923 Bitcoin is freedom money The Central Bank of Nigeria does not like the fact that Nigerians are using Bitcoin. As you can see from the letter above, the

Marty's Ƀent - February 4th, 2021 - Issue #922

Thursday, February 4, 2021

Thursday, February 4th 2021 - Issue #922 Bitcoin advocates are penetrating governments at all levels One of the biggest lines of FUD (fear, uncertainty, and doubt) that is trotted out against Bitcoin

Marty's Ƀent - February 2nd, 2021 - Issue #920

Wednesday, February 3, 2021

Wednesday, February 3rd 2021 - Issue #921 Increased redundancy is very good Less than two weeks ago that we talked about distributing the layer below the base protocol layer of Bitcoin. When it comes

Marty's Ƀent - February 2nd, 2021 - Issue #920

Tuesday, February 2, 2021

Tuesday, February 2nd 2021 - Issue #920 This is not okay. Change is coming. If it isn't already abundantly clear to you freaks, there is something terribly wrong with our society at the moment. The

You Might Also Like

Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows

Friday, April 26, 2024

BlackRock see back-to-back zero flows as Fidelity's FBTC records first outflow. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Raise your onchain score

Friday, April 26, 2024

New Quests just dropped. Claim APT while you increase your chain score and build your reputation, helping with potential airdrop eligibility Flipside Crypto Hey there, A new Aptos Quest dropped. Claim

NFT & Blockchain Gaming Weekly - 📈 Runes Dominated BTC Transactions Post-Halving

Friday, April 26, 2024

Runes Dominated BTC Transactions Post-Halving. Telegram to tokenise stickers & emojis as NFTs. ApeCoin price drops 66% amid BAYC decline. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

WuBlockchain Weekly: SEC Expected to Reject Ethereum Spot ETF, ConsenSys Sues SEC, CZ trial is approaching and Top…

Friday, April 26, 2024

1. BlackRock's Bitcoin Spot ETF Achieves 70 Consecutive Days of Net Inflows link BlackRock is very pleased with the performance of its Bitcoin spot ETF (IBIT). Since its launch in January of this

Your bi-weekly crypto insights 📊

Thursday, April 25, 2024

Top data-driven insights from across the crypto space, to keep you ahead of trends. This week's top insight: Sei TVL per active address grew 10x since Flipside Crypto Onchain Insider Your bi-weekly

BlackRock’s historic 71-day streak ends as IBIT Bitcoin ETF sees zero inflows

Thursday, April 25, 2024

Fidelity and Ark only ETFs to record inflows as Bitcoin ETFs begin to cool off. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Your Last Chance to Make BANK on Crypto

Thursday, April 25, 2024

Open This or Miss Out ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Inside Parcl: Trade Real Estate Like Never Before?

Thursday, April 25, 2024

Parcl, a pioneering Solana-based platform, aims to revolutionize the real estate market by introducing liquidity to this traditionally illiquid asset class. It created a comprehensive real estate index

Reminder: The 2024 Bitcoin Halving Has Successfully Been Completed

Thursday, April 25, 2024

We bring you the top stories in crypto every week! Stories like... Monday April 22, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR The 2024 Bitcoin Halving Has Successfully Been Completed

April 30 set for historic launch of Bitcoin and Ethereum ETFs in Hong Kong

Wednesday, April 24, 2024

Competitive fee structures revealed for new Bitcoin and Ethereum ETFs in Hong Kong. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏