๐คBitcoin miners rely on energy efficiency to maximise their proof of work.
But how can you optimise your own personal "proof of work" to unlock new levels of success and fulfillment in work and life? #PersonalGrowth#LifeOptimization#ProofofWork
Great event at @AntidoteBTC this evening finding out what plans @bitcoinpolicy have in the UK. @DavidZell_ you should speak to @freddienew about the Bitcoin lending/capital gains tax issue we discussed.
@bitcoinhodlco@RenewaBlox lnurl1dp68gurn8ghj7ampd3kx2ar0veekzar0wd5xjtnrdakj7tnhv4kxctttdehhwm30d3h82unvwqhk5etjv4khj6nrd35kuegd57ahr thank you kindly!
@BTC_UK_@AlexGlasse This. Even better, do it through a mortgage broker. They can secure the deal something like 6 months before the end of your current fix and switch you to a lower rate if rates drop between now and the end of your fix.
So current state of play between Bitcoin adoption and infrastructure in the USA and the UK.
Disclaimers. THESE ARE ALL BITCOIN INITIATIVES AND NOT THE WIDER MISCLASSIFICATION OF CRYPTO with some exception of stablecoins in point 2 below.
1. Bitcoin Mining in the USA is around 42% of the the global market. UK pretty much at 0%
2. Bitcoin recognised as colllateral for down payments for real estate purchases through Fannie Mae and Freddie Mac. UK classifies Bitcoin as a restricted mass market investment !!!
3. @Square today launch Bitcoin payments across 4 million USA retailers. UK has around 150,000 @Square merchants with zero Bitcoin functionality allowed yet.
4. @MorganStanley are launching their own Bitcoin ETF with 16,000 advisors soon to be selling the product into their $6 trillion of managed money. UK doesnโt allow retail investors to buy these products and brokers like @HLInvest@ajbell seem reluctant to acknowledge the industry.
Someone is wrong here.
Either the USA is backing exposure to a horrific Ponzi scheme as per @BorisJohnson comments a couple of weeks ago or the UK is dropping the ball on one of the most exciting and disruptive technologies ever discovered. There is no middle ground here.
I know which side Iโm on and would urge some cross party discussion with haste @UKLabour@reformparty_uk@RestoreBritain_@Conservatives@TheGreenParty@LibDems and we @BitcoinColl and the UK Business Network will assist alongside many others listed below.
All businesses serving UK customers.
Policy and FCA categorisation @bitcoinpolicyuk@CoinCornerUK@xapobankapp@solidifx
Non for Profits. @Evergive_
Energy Optimisation @RenewaBlox
Payments. @Musqet_Bitcoin@Square
Pensions allocation. https://t.co/YKOiWRcnYh
Tax software. @recap_io
Security, Storage and Inheritance. @Evoke_Solutions
Financial Products @hope_currencies
Bitcoin Treasury Listed Businesses. @smarterwebuk@bitcoinhodlco@stackbtc_@XCEofficial@FalconedgePlc
Cc @Nigel_Farage@trussliz@kwasi_stackbtc@AlunCairns