STRATEGIC BITCOIN RESERVE | RABBIT HOLE RECAP #316

- Senator Lummis Unveils Strategic Bitcoin Reserve Legislation: The BITCOIN Act https://www.nobsbitcoin.com/the-bitcoin-act-introduced/

- Tether Q2 2024 Report https://x.com/paoloardoino/status/1818677595858211185

- MARA Buys $100M Worth of Bitcoin, Reactivates 'Full HODL' Strategy https://www.nobsbitcoin.com/mara-buys-100m-worth-of-bitcoin/

- A Bitaxe Has Mined Block 853742 https://www.nobsbitcoin.com/a-bitaxe-has-found-a-block/

- Human Rights Foundation Story of the Week

Russia | Introduces New & Repressive Digital Asset Laws
Russia’s Federal Assembly recently passed two new digital asset laws with significant implications for Russians’ financial freedom. The first law legalizes cryptocurrency mining, and the second establishes an experimental framework for cross-border digital currency transactions. But these laws hint at troubling implications. While the first law permits mining, it confines it to mining entities registered with the Ministry of Digital Development and grants executive supervisory powers to the Central Bank of Russia. It also includes a ban on digital asset advertising. The second law, effective September 2024, mandates that all digital asset platforms obtain licenses from the central bank, which will oversee and collect detailed transaction data. HRF’s nonprofit Bitcoin adoption lead, Anna Chekhovich, warns that these laws place Bitcoin miners and exchanges under the control of the Central Bank while monitoring and targeting activists and nonprofit organizations that rely on digital assets like Bitcoin. Putin is consolidating control over digital assets while undermining financial freedom in Russia and moving forward with central bank digital currencies (CBDCs). FinancialFreedomReport.org

- Proton Launches Proton Wallet - A Self-Custody Bitcoin Wallet https://www.nobsbitcoin.com/proton-launches-proton-wallet-a-self-custody-bitcoin-wallet/

- Alby Hub: A One-Click Lightning Node Connected To All Your Bitcoin Apps https://www.nobsbitcoin.com/alby-hub-intro/

0:00 - Hot Style Takeover
9:55 - Dashboard
15:00 - Bitaxe mined a block
18:20 - Riot Bitfarms
19:50 - Strategic bitcoin reserve
29:55 - Ross & US dumping rumors
34:50- Tether and macro talk
49:35 - HRF Story of the Week
52:30 - Boosts & why Trump was late
1:03:50 - Getting roasted by David Lucas
1:07:50 - Proton
1:14:10 - Satoshi Pacioli
1:15:20 - Alby Hub
1:20:40 - Fold goes public
1:23:50 - Baltic events
1:28:20 - Tennessee attorney general on Dispatch

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