Building a Financial Fortress
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Bitcoin Fortress
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Episodes
5 days ago
5 days ago
Weekly market update / outlook and weekly Bitcoin news:
Biden, Republicans strike tentative deal to raise US debt ceiling
Moody's on de-dollarization: rating agency labels US debt default a 'near term danger to the dollar's position'
Bitcoin rises back above $27,000 after Hong Kong greenlights some retail crypto trading
Bitcoin holds 200-week average as trader says 'inflection point' is here
Worldcoin and the intellectual decline of venture capital
Tax attacks won't kill Bitcoin: regulators must learn and accept new technology
Check out "Why Multisignature is Important for Cold Storage" on substack
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/biden-republicans-strike-tentative-deal-to-raise-us-debt-ceiling/
https://news.bitcoin.com/moodys-on-de-dollarization-rating-agency-labels-us-debt-default-a-near-term-danger-to-the-dollars-position/
https://www.cnbc.com/2023/05/23/bitcoin-rises-after-hong-kong-greenlights-some-retail-crypto-trading.html
https://cointelegraph.com/news/bitcoin-holds-200-week-average-as-trader-says-inflection-point-is-here
https://www.coindesk.com/consensus-magazine/2023/05/26/worldcoin-and-the-intellectual-decline-of-venture-capital/
https://bitcoinmagazine.com/culture/bitcoin-tax-attacks-are-regulatory-fear
https://bitcoinfortress.substack.com/p/why-multisignature-is-important-for
Sunday May 21, 2023
Sunday May 21, 2023
Weekly market update / outlook and weekly Bitcoin news:
Bitcoin Conference Miami Highlights:
Robert Kennedy Jr. makes campaign debut at Bitcoin 2023: 'free money is as important as free expression'
Big Short author Michael Lewis on the financial crisis, FTX and Bitcoins freedom from intermediaries
Strike moves global HQ to El Salvador, expands to 65 countries
Biden's 30% tax on Bitcoin mining 'isn't going to happen' says Cynthia Lummis
Is Ledger's new Bitcoin key recovery feature safe? Experts have doubts.
Wife finds husband's Bitcoin stash amid divorce proceedings
Bitcoin Ordinals' total mintage fees increase 70% from April: Report
Renowned investor Jim Rogers warns US dollar's time is 'coming to an end' as countries seek alternatives
What does the debt limit showdown mean for Bitcoin?
Check out "Changing the Fiat Mindset" on substack this week
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://bitcoinmagazine.com/culture/robert-kennedy-jr-debuts-campaign-at-bitcoin-2023
https://bitcoinmagazine.com/culture/big-short-author-michael-lewis-on-bitcoin
https://cointelegraph.com/news/strike-moves-global-headquarters-to-el-salvador-expands-to-65-countries
https://finance.yahoo.com/news/bitcoin-miner-30-excise-tax-191117121.html
https://www.coindesk.com/consensus-magazine/2023/05/19/is-ledgers-new-bitcoin-key-recovery-feature-safe-experts-have-doubts/
https://cointelegraph.com/news/housewife-finds-husband-s-bitcoin-stash-amid-divorce-proceedings
https://cointelegraph.com/news/bitcoin-ordinals-mintage-fees-paid-increase-700-since-april-report
https://news.bitcoin.com/renowned-investor-jim-rogers-warns-us-dollars-time-coming-to-an-end-as-countries-seek-alternatives/
https://www.coindesk.com/consensus-magazine/2023/05/17/what-does-the-debt-limit-showdown-mean-for-bitcoin/
https://bitcoinfortress.substack.com/p/changing-the-fiat-mindset
Sunday May 14, 2023
Sunday May 14, 2023
Weekly market update / outlook and weekly Bitcoin news:
US Government faces 'significant risk' of default in June, Congressional Budget Office warns
Sam Bankman Fried's ties to George Santos are just the beginning
Gallup Poll: Americans' preference for real estate, crypt plunges - fondness for gold skyrockets
Bitcoin makes progress in clearing backlog but Lightning Network capacity and channels dropped amid congestion
Ordinals and BRC-20 will disappear in a matter of months, says JAN3 CEO
Liechtenstein Prime Minister says government to accept Bitcoin payments, open to investing reserves in BTC
Binance announces exit from Canada, citing regulator tensions
This Mother's Day, try explaining Bitcoin to your Mom
Check out "Monthly Portfolio Update - May 2023" on substack and also look out for midweek post on "Bitcoin UTXO Management"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/us-government-faces-significant-risk-of-default-in-june-congressional-budget-office-warns/
https://www.coindesk.com/consensus-magazine/2023/05/12/sam-bankman-frieds-ties-to-george-santos-are-just-the-beginning/
https://twitter.com/Erikcason/status/1657048239559020544
https://news.bitcoin.com/gallup-poll-americans-preference-for-real-estate-crypto-plunges-fondness-for-gold-skyrockets/
https://www.youtube.com/watch?v=xuO87Wza_pw
https://news.bitcoin.com/bitcoin-makes-progress-clearing-backlog-lightning-network-capacity-channels-dropped-amid-congestion-issues/
https://cointelegraph.com/news/ordinals-and-brc-20-will-disappear-in-months-jan3-ceo-says
https://news.bitcoin.com/liechtenstein-prime-minister-says-government-to-accept-bitcoin-payments-open-to-investing-reserves-in-btc/
https://www.coindesk.com/business/2023/05/12/binance-announces-exit-from-canada-citing-regulatory-tensions/
https://bitcoinmagazine.com/culture/give-bitcoin-for-mothers-day
https://bitcoinfortress.substack.com/p/monthly-portfolio-update-may-2023
Sunday May 07, 2023
Sunday May 07, 2023
Weekly market update / outlook and Bitcoin news:
Fed reveals 722 banks reported unrealized losses over 50% of capital as concerns over US banking crisis grow
Texas House advances gold-backed digital currency bill
Montana passes bill protecting Bitcoin from unique requirements
New York Attorney General seeks new crypto powers for state regulators
Bitcoin provides insurance against fiat currency failure, says Validus Power Corp's Greg Foss
The business case for implementing Bitcoin's Lightning Network
Bitcoin network overwhelmed by 390,000 unconfirmed transactions and surging fees
Binance closes Bitcoin withdrawals amid congestion on the Bitcoin network
US Justice Department investigates Binance for Russia related sanctions violations: Bloomberg
Check out this week's substack "A look at Bitcoin Adoption"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/fed-reveals-722-banks-reported-unrealized-losses-over-50-of-capital-as-concerns-over-us-banking-crisis-grow/
https://news.bitcoin.com/texas-house-advances-gold-backed-digital-currency-bill/
https://bitcoinmagazine.com/legal/montana-passes-bill-protecting-bitcoin-mining
https://www.coindesk.com/policy/2023/05/05/new-york-attorney-general-seeks-new-crypto-powers-for-state-regulators-report/
https://news.bitcoin.com/bitcoin-provides-insurance-against-fiat-currency-failure-says-validus-power-corp-s-greg-foss/
https://bitcoinmagazine.com/business/implement-bitcoin-lightning-in-your-business
https://news.bitcoin.com/bitcoin-network-overwhelmed-by-390000-unconfirmed-transactions-and-surging-fees/
https://cointelegraph.com/news/binance-closes-btc-withdrawals-amid-congestion-on-the-bitcoin-network
https://www.coindesk.com/policy/2023/05/06/us-justice-department-investigating-binance-for-russia-related-sanctions-violations-bloomberg/
https://bitcoinfortress.substack.com/p/a-look-at-bitcoin-adoption
Sunday Apr 30, 2023
Sunday Apr 30, 2023
Weekly market recap / outlook and weekly Bitcoin news:
Why everyone is keeping a close eye on Mt. Gox and US Government Bitcoin wallets
If US defaults on debt, Bitcoin could rise nearly 70%, says Standard Chartered analyst
US House will have crypto bill in 2 months
Zimbabwe's de-dollarization: Central Bank to issue gold-backed digital currency in early May
US Senator Ted Cruz: "I like BTC for the same reason the Chinese Communist Government doesn't like BTC"
Paypal upgrades crypto services to 60 million Venmo users, allowing transfers to external wallets and exchanges
Lightning Labs unveils upgrade to boost Bitcoin accessibility for billions of people - here's how it works
First Republic auction underway with deal expected Sunday
Check out "Managing the Transition to a Bitcoin Future" on substack
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://finance.yahoo.com/news/why-everyone-keeping-close-eye-120102252.html
https://finance.yahoo.com/news/u-defaults-debt-bitcoin-could-204123010.html
https://www.coindesk.com/policy/2023/04/28/us-house-will-have-crypto-bill-in-2-months-mchenry/
https://news.bitcoin.com/zimbabwes-de-dollarization-central-bank-to-issue-gold-backed-digital-currency-in-early-may/
https://news.bitcoin.com/us-senator-ted-cruz-i-like-btc-for-the-same-reason-the-chinese-communist-govt-doesnt-like-btc/
https://news.bitcoin.com/paypal-upgrades-crypto-services-to-60-million-venmo-users-allowing-transfers-to-external-wallets-and-exchanges/
https://cryptonews.com/news/lightning-labs-unveils-upgrade-boost-bitcoin-accessibility-for-billions-of-people-heres-how-it-works.htm
https://www.reuters.com/markets/deals/first-republic-auction-underway-with-deal-seen-by-sunday-sources-2023-04-29/
https://bitcoinfortress.substack.com/p/managing-the-transition-to-a-bitcoin
Sunday Apr 23, 2023
Sunday Apr 23, 2023
Weekly market update / outlook and weekly Bitcoin news:
Treasury Secretary Yellen says US government will take 'any steps necessary' to preserve its financial dominance
Global reserves held in US dollars fell to less than 50% - official state is has become 'toxic' currency
Russia to work with digital currencies of other nations
Economist Peter Schiff warns 'death blow' coming for US dollar - USD to lose reserve currency status
Arkansas makes gold, silver legal tender; 23 states involved in similar legislation to establish US dollar alternatives
North Carolina House introduces bill that would prohibit payment to the state in Bitcoin
Why the EU has MiCA and the US has securities law confusion
Check out "Housing Market Update - April 2023" on my Bitcoin Fortress substack this week
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:\
https://news.bitcoin.com/treasury-secretary-yellen-says-us-government-will-take-any-steps-necessary-to-preserve-its-financial-dominance/
https://news.bitcoin.com/global-reserves-held-in-us-dollars-fell-to-less-than-50-official-states-it-has-become-a-toxic-currency/
https://news.bitcoin.com/russia-to-work-with-digital-currencies-of-other-nations/
https://news.bitcoin.com/economist-peter-schiff-warns-death-blow-coming-for-us-dollar-usd-to-lose-reserve-currency-status/
https://news.bitcoin.com/arkansas-makes-gold-silver-legal-tender-23-states-involved-in-similar-legislation-to-establish-us-dollar-alternatives/
https://bitcoinmagazine.com/legal/north-carolina-house-introduces-bill-that-would-ban-bitcoin-payments-to-state
https://www.coindesk.com/consensus-magazine/2023/04/20/why-the-eu-has-mica-and-the-us-has-securities-law-confusion/
https://bitcoinfortress.substack.com/p/housing-market-update-april-2023
Monday Apr 17, 2023
Monday Apr 17, 2023
Weekly market update / outlook and weekly Bitcoin news:
Robert Barnes on dollar demise
The fall of Medici Bank: lessons on fractional reserve banking from 15th century Italy
CBDC debate heats up: BIS project sparks controversy among critics; Lynette Zang warns of danger of CBDC's
US House committee publishes draft of stable coin bill
Silk Road Bitcoin thief, once worth $3.4 Billion, receives one year prison sentence
Gold bugs still don't get it: Bitcoin's ledger makes it the better store of value
Check out this week's blog post: "Monthly Portfolio Update - April 2023"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://vivabarneslaw.locals.com/upost/3827119/the-barnes-brief-monday-april-10-2023
https://news.bitcoin.com/the-fall-of-medici-bank-lessons-on-fractional-reserve-banking-from-15th-century-italy/
https://news.bitcoin.com/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/
https://www.coindesk.com/policy/2023/04/15/us-house-committee-publishes-draft-stablecoin-bill/
https://cryptonews.com/news/silk-road-bitcoin-thief-once-worth-34-billion-receives-one-year-prison-sentence.htm
https://bitcoinmagazine.com/culture/bitcoin-ledger-better-than-gold
https://bitcoinfortress.substack.com/p/monthly-portfolio-update-april-2023
Sunday Apr 09, 2023
Sunday Apr 09, 2023
Weekly market news / outlook and weekly Bitcoin news:
1st nuclear powered Bitcoin mine in US reports 9,000 facilities energized in Q1
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
US Treasury warns DeFi is used by North Korea, scammers to launder dirty money
US dollar's greatest enemy as reserve currency is the Treasury
Economist Peter Schiff advises 'Get rid of your US dollars now' warns USD reserve currency status in jeopardy
What is the Lightning Network?
Check out this week's blog post 'Bitcoin Estate Plan...Some thoughts on generational wealth transfer'
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://bitcoinist.com/nuclear-powered-bitcoin-mine-9000-plants-energized/
https://cointelegraph.com/news/bill-protecting-bitcoin-mining-rights-passes-in-arkansas-senate-and-house
https://www.coindesk.com/policy/2023/04/06/us-treasury-warns-that-defi-used-by-north-korea-scammers-to-launder-dirty-money/
https://news.bitcoin.com/economist-jim-rickards-says-us-dollars-greatest-enemy-as-reserve-currency-is-the-treasury/
https://news.bitcoin.com/economist-peter-schiff-advises-get-rid-of-your-us-dollars-now-warns-usds-reserve-currency-status-in-jeopardy/
https://bitcoinmagazine.com/guides/lightning-network
https://bitcoinfortress.substack.com/p/bitcoin-estate-plan-e49
Sunday Apr 02, 2023
Sunday Apr 02, 2023
Weekly market update / outlook and weekly Bitcoin news:
The RESTRICT Act creates blanket authority, with few checks to ban just about anything linked to a 'foreign adversary'
Peter Schiff warns of US dollar devaluation and 'biggest economic disaster' in history
Bitcoin country El Salvador's new bill offers tax breaks for tech investments
US Government plans to sell 41k Bitcoin connected to Silk Road
Microstrategy pays off Silvergate loan and buys more Bitcoin
Bitcoin millionaire Tim Draper advises startups to keep Bitcoin as a hedge against 'domino' run on the banks
In God we trust, all others pay in Bitcoin
Check out this week's blog post 'Bitcoin Rabbit Hole...There are many"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://www.coincenter.org/the-restrict-act-creates-blanket-authority-with-few-checks-to-ban-just-about-anything-linked-to-a-foreign-adversary/
https://news.bitcoin.com/economist-peter-schiff-warns-of-us-dollar-devaluation-and-biggest-economic-disaster-in-history/
https://bitcoinist.com/el-salvadors-new-bill-offers-tax-breaks-for-tech-innovation/
https://cointelegraph.com/news/us-government-plans-to-sell-41k-bitcoin-connected-to-silk-road
https://www.coindesk.com/business/2023/03/27/microstrategy-pays-off-silvergate-loan-buys-more-bitcoin/
https://news.bitcoin.com/bitcoin-millionaire-tim-draper-advises-startups-to-keep-bitcoin-as-a-hedge-against-a-domino-run-on-the-banks/
https://bitcoinmagazine.com/culture/why-bitcoin-is-my-currency-of-faith
https://bitcoinfortress.substack.com/p/bitcoin-rabbit-holes
Sunday Mar 26, 2023
Sunday Mar 26, 2023
Weekly market update / outlook and weekly Bitcoin news:
Sternlicht: "Economy is going to implode"
Ackman: "I fear we are heading for a train wreck"
Gundlach: Fed will cut rates substantially soon
Draper: 2 payrolls' cash in Bitcoin
Treasury Financial Stability Oversight Council held unscheduled, closed meeting
Fed on Custodia Bank denial of application for full reserve bank
How will Bitcoin adapt to banking uncertainty?
US Government top Bitcoin holder with $5.6B
Check out this week's blog post "Orange Pilling Your Parents, it's not as easy as it sounds"
Substack: Bitcoin Fortress
Twitter: Bitcoin Fortress
Books: Amazon Author Page
Mentioned in this week's Podcast:
https://news.bitcoin.com/billionaire-barry-sternlicht-warns-of-hard-landing-says-economy-is-going-to-implode/
https://news.bitcoin.com/billionaire-bill-ackman-on-us-banking-crisis-i-fear-we-are-heading-for-a-train-wreck/
https://news.bitcoin.com/billionaire-bond-king-jeffrey-gundlach-predicts-the-fed-will-cut-rates-substantially-soon/
https://cointelegraph.com/news/businesses-should-hold-two-payrolls-worth-of-cash-in-crypto-tim-draper
https://cointelegraph.com/news/us-treasury-s-financial-stability-oversight-council-held-unscheduled-closed-meeting
https://www.coindesk.com/policy/2023/03/24/federal-reserve-says-custodias-crypto-focused-business-model-is-inconsistent-with-approval/
https://bitcoinmagazine.com/culture/how-bitcoin-adapts-to-bank-failure
https://news.bitcoin.com/us-government-remains-a-top-bitcoin-holder-with-seized-stash-valued-at-5-6-billion/
https://bitcoinfortress.substack.com/p/orange-pilling-your-parents