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• Mi Primer Bitcoin has announced a new and improved diploma program in English.
• The program aims to make the course interactive, fun, creative, accessible and easy to understand for all.
• The educational mission of Mi Primer Bitcoin is to provide more people with knowledge of the monetary systems of the world and the new protocol that Bitcoin offers.

Mi Primer Bitcoin Launches Diploma Program in English

Mi Primer Bitcoin, a Bitcoin education program based in El Salvador, has announced a new and improved diploma program in English. According to Dalia Platt, head of curriculum for Mi Primer Bitcoin, the “aim is to change the way people learn about Bitcoin.” The organization has seen exponential growth this year with more than 10,000 students enrolled, 25 times more than last year.

Course Structure

The student workbook shared by Mi Primer Bitcoin shows topics ranging from “What is Money?” to “Navigating Scarcity in a Growing Economy.” As Platt explains, the course is designed “to make it interactive, fun, creative and easy to understand for all” using examples that can reach and impact every corner of the world.

Mission Of Mi Primer Bitcoin

The mission of Mi Primer Bitcoin has not changed since its launch with 35 high school students receiving their diplomas: To provide more people with knowledge of both current monetary systems as well as the new protocol that Bitcoin offers so they can properly assess their options when deciding whether or not to adopt it.

Exponential Growth

Since its launch in June 2022 with 35 high school students receiving diplomas from Mi Primer Bitcon’s program, there have been exponential growth throughout El Salvador thanks largely due an influx of feedback from current and past students as well as teachers which have helped enhance the course further.

Bitcoin Education Essential For Adoption

Bitcoin education plays an essential role for adoption throughout the world due to lack of proper knowledge about money both currently and potentially through cryptocurrency protocols such as bitcoin. Programs like Mi Primer Bitcoins offer these educational opportunities allowing users to unlock potentials they may have not known before learning about them.

• Europeans are not taking full advantage of their purchasing power, leading to a €1.2 trillion loss in financial wealth.
• Reasons behind this include a lack of trust in the financial system, debt, job insecurity, and a lack of financial literacy.
• To combat this issue and be smarter with their money, Europeans should invest in bitcoin or stocks.

Europeans Losing Financial Wealth

It is estimated that Europeans would have €1.2 trillion more in financial wealth if they had invested instead of holding on to cash in bank accounts for emergencies. Data suggests that only 17% own Bitcoin and 15% own stocks— much lower than the 55% ownership rate among Americans.

Causes of Low Investment Rates

The primary reasons why Europeans aren’t investing more are due to a lack of trust in the financial system (many believe it is rigged), debt (especially mortgages), job insecurity, and a lack of understanding about how to manage their finances effectively.

Impact on Millennials

Millennials came of age during the great recession of 2008 which led them to mistrust traditional finance institutions as many experienced firsthand family members losing employment or life savings without punishment for those responsible. This generation has also seen challenging job markets with few opportunities and stagnating salaries combined with COVID-19 pandemic further damaging their career prospects.

Financial Literacy

Many European do not have basic financial knowledge or skills needed to make wise investment decisions which is another factor stopping them from being smart with their money.

Conclusion

To take advantage of their purchasing power, Europeans should consider investing in Bitcoin or stocks instead of keeping money as cash in banks accounts where it will lose its value over time due to inflation and interest rates being too low to compensate for it. However many face various challenges preventing them from doing so such as mistrust in the financial system and low levels of financial literacy which need to be addressed first before they can start making smarter investments decisions with their hard earned money

• The current landscape of cryptocurrency provides various options for users to secure their bitcoin, but one of the simplest ways is by utilizing a non-custodial wallet.
• Custodial wallets give custody of the private key associated with a wallet to a third party, while non-custodial wallets give the user full control over their digital assets.
• Custodial wallets have several drawbacks, such as lack of exclusive control over your assets and the potential for them to be lost in cases of bankruptcy.

What Is A Digital Wallet?

A digital wallet is essential for interacting with Bitcoin. It is an online or physical device that stores digital assets like cryptocurrencies and allows users to send and receive them. In light of recent events within the cryptocurrency industry, it is important to ask yourself what steps you are taking to protect your digital assets.

Custodial Vs Non-Custodial Wallets

When looking for a way to store your bitcoin, you will come across two types of wallets: custodial and non-custodial. The main difference between these two wallets is that when using a custodial wallet, you are entrusting a third party with control over your bitcoin — whereas when using a non-custodial wallet, you are in full control over your digital assets.

Benefits Of Using A Custodial Wallet

Using a custodian wallet has its advantages — such as not having to store your own private keys — all that is required to transact is logging into the wallet with a username and password, then inputting the public key of the intended recipient. Furthermore, if you happen to forget your password, many custodian bitcoin wallets will allow you to reset it.

Drawbacks To Using Custodial Wallets

However there are some disadvantages when using custodian wallets — including lack of exclusive control over your assets and potential risk in cases where they can be lost due unsecured debt being discharged during bankruptcy proceedings. Additionally crypto exchanges have discretion as far as freezing user accounts per terms & conditions agreed upon by the user upon signing up for an account on said exchange platform.

Conclusion

Ultimately it’s important that users make sure they understand which type of wallet they’re using before storing any amount of money in it— which means doing research into each option available before making any decisions about storage or transactions involving cryptocurrency or other digital asset holdings .

• Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with key creditors.
• This agreement includes the sale of Genesis Global Trading and restructurings of the debt that Digital Currency Group owes to Genesis Holdco.
• Gemini will contribute up to $100 million more for the recovery for Earn users, who still do not have access to their funds.

Genesis Reaches Restructuring Agreement

Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with key creditors according to statements by Cleary Gottlieb attorney Sean O’Neal. This would see the sale of Genesis Global Trading, amongst other moves designed to “maximize the recoveries to the estate.”

Debt Restructuring Details

The deal also includes restructurings of the debt that Digital Currency Group, who owns Genesis and its entities, owes to Genesis Holdco. These terms include a second lien term loan facility with a maturation date of June 2024. There will be two tranches: one dominated in U.S. dollars paying 11.5% interest and another denominated in bitcoin paying 5% interest; DCG has agreed to issue convertible preferred stock as well though specifics are still being determined.

Background on Collapse

The lending arm of Genesis was forced to halt withdrawals in November 2022 after contagion from FTX’s collapse earlier that same month; they filed for bankruptcy last month anticipating reaching an agreement with creditors by January 2023. The freeze on withdrawals also affected Gemini Earn users who received yield through arrangements with Genesis’ lending arm and have yet to receive their funds back since then.

Gemini Contribution

Cameron Winklevoss tweeted during today’s hearing that Gemini will contribute up to $100 million more for the recovery for Earn users who still do not have access to their funds.

Conclusion

The restructuring agreement between Genesis and its key creditors is expected to maximize recoveries for all involved parties; however specifics on certain aspects such as issuing convertible preferred stock are still being decided upon at this time whilst Gemini continues providing assistance towards affected Earn users awaiting their funds back from before November 2022

• Strike, a digital payment platform built on Bitcoin’s Lightning Network, has announced the expansion of its “Send Globally” product to the Philippines.
• The new service will allow fast, secure and low-cost money transfers between the U.S. and the Philippines, one of the world’s largest remittance markets.
• Strike uses the Lightning Network to make digital payments faster, cheaper, and more accessible for unbanked individuals.

Strike Expands “Send Globally” Product to Philippines

Strike, a leading digital payment platform built on Bitcoin’s Lightning Network, has announced the expansion of its “Send Globally” product to the Philippines. This will allow for fast, secure and low-cost money transfers between the U.S. and the Philippines – one of the world’s largest remittance markets which relies on more than $35 billion annually in money sent from abroad with over $12 billion coming from just U.S. alone.

Lightning Network Improves Accessibility

Strike uses the Lightning Network to make digital payments faster, cheaper and more accessible – particularly in countries with a high number of unbanked individuals. With Send Globally, dollars are converted into bitcoin which is then sent via the Lightning Network to a third-party partner in the recipient’s country before being converted into local currency and sent directly to their bank or mobile money account.

A New Way To Send Money Abroad

This eliminates any need for either sender or receiver worrying about bitcoin’s tax treatment or dollar volatility or custody implications when sending money across borders quickly and securely.

Jack Mallers’ Comments

Jack Mallers – founder and CEO of Strike – comments: “Remittances are a broken system and Strike delivers an incredibly empowering experience for people to send money around the world in nearly an instant” He goes on by saying that they are excited to partner with Pouch.ph as it advances financial inclusion while bringing fast low-cost cross-border payments via their technology.

“Send Globally” Partnerships

                        
  CoinCorner has also partnered with Pouch.ph in order enable remittances for European customers while Send Globally was launched back in December 2022 starting with transfers from U.S through Nigeria Kenya Ghana etc., making cross border payment experience much easier than ever before..

• A group of 13 Bitcoin projects and companies are organizing a Bitcoin world treasure hunt called “Hunting Sats” starting January 23, 2023.
• The wallet holds 3,454,811 sats that participants can attempt to crack by brute-forcing the seed words and passphrase.
• The 12 partners involved include BTCPay, Trezor Cryptosteel, Blockstream, Bull Bitcoin. Hodl Hodl and more.

Bitcoin World Treasure Hunt

A group of 13 Bitcoin projects and companies are organizing a Bitcoin world treasure hunt called “Hunting Sats” starting January 23, 2023. The wallet holds 3,454,811 sats that participants can attempt to crack by brute-forcing the seed words and passphrase.

How it Works?

The method to crack the seed is brute-forcing which requires general knowledge about bitcoin wallets including script types, derivation paths , checksums ,passphrases and BIP-39 seed words . As more words are revealed , brute-forcing gets easier so time is ticking as people from around the world compete to crack the wallet .

Partners Involved

The 12 partners involved in this game include BTCPayTrezor CryptosteelBlockstreamBull Bitcoin.Hodl HodlBitcoin ReserveCoinkiteSwan BitcoinBTCTKVRmempool.spaceWizardsardine For updates about the words that have been revealed to the public visit HuntingSats.com .

Prize Money

If someone successfully cracks the bitcoin wallet before its expiration date then he/she will be rewarded with all of its sats .

Conclusion

In conclusion , Hunting Sats is a great opportunity for every cryptocurrency enthusiast out there to test their knowledge while competing against others on an international level .

• Samsung Asset Management is launching a Bitcoin ETF in Hong Kong called Samsung Bitcoin Futures Active ETF.
• The ETF seeks to obtain a performance similar to spot BTC by investing in bitcoin futures products listed on the Chicago Mercantile Exchange (CME).
• The launch of the ETF marks a significant milestone in mainstream adoption of Bitcoin, giving retail and institutional investors an easier and more regulated access to Bitcoin exposure.

Samsung Asset Management is launching a revolutionary Bitcoin ETF in Hong Kong, the Samsung Bitcoin Futures Active ETF (3135:HK). This new ETF seeks to provide investors with a performance similar to spot BTC, by investing in bitcoin futures products listed on the Chicago Mercantile Exchange (CME). This is a major step forward in terms of mainstream adoption of Bitcoin, as it provides investors with a much easier and more regulated access to Bitcoin exposure than ever before.

Park Seong-jin, head of Samsung Asset Management’s Hong Kong branch, commented “It is a new option for investors who are highly interested in Bitcoin, and it is a competitive product that reflects Samsung Asset Management’s long-term futures-based ETF know-how and risk management experience.”

This launch of the ETF comes as a response to the increasing interest in the digital asset by investors. Hong Kong’s financial secretary, Paul Chan, has stated that the city will work to attract new businesses from all over the world, and the launch of the first BTC-linked ETF, the CSOP Bitcoin Futures ETF, last month, was a major indication of the city’s commitment to the digital asset.

The ETF is set to provide investors with a much easier access to Bitcoin than ever before. With the ETF, investors can get exposure to fiat price fluctuations of the underlying asset, without having to deal with the complexities associated with the asset itself. This is a major step forward in terms of mainstream adoption of Bitcoin, and Samsung’s offering in Hong Kong promises to further expand awareness about bitcoin and access to bitcoin exposure in the region.

That being said, there are some drawbacks associated with ETFs. While investors can get exposure to the price of the underlying asset, they don’t actually possess the asset itself, unlike if they were to buy it directly. This is an important distinction, especially for Bitcoin, as investors won’t be able to take advantage of certain features such as decentralization and censorship resistance.

Nevertheless, the launch of the Samsung Bitcoin Futures Active ETF is a major milestone in the mainstream adoption of Bitcoin, and is set to provide investors with a much easier and more regulated access to Bitcoin exposure than ever before.

• Sam Bankman-Fried, FTX, SOL, CEL, XRP, ETH, etc., are a few of the high-profile crypto scams and scammers.
• Houston Attorney Andrew J. Cobos of the Cobos Law Firm includes Bitcoin-related legal disputes in his litigation practice.
• Cobos is currently representing an elderly woman who was scammed out of her bitcoin by a young pastor from her church.

In the world of cryptocurrency, there are countless scams and scammers. We hear about the high-profile scams and scammers such as Sam Bankman-Fried, FTX, SOL, CEL, XRP, ETH, etc. But there are also many low-profile ripoffs that fly under the mainstream media radar.

Houston Attorney Andrew J. Cobos of the Cobos Law Firm has taken on a case involving one such low-profile scam. In 2017, an elderly woman was approached by a young pastor at her church, who encouraged her to invest in bitcoin with his help. The woman and the man entered into an oral agreement that she would transfer $80,000 to him, and he would use her money to buy bitcoin and safely store it for her.

But when the woman requested her bitcoin back in July 2020, the pastor gave her a Trezor hardware wallet containing 7.742 bitcoin and a “seed phrase card” that the pastor had completed. Days later, when the woman opened the Trezor, she discovered that all of her bitcoin had been removed from the Trezor device.

Cobos is now representing the elderly woman in a legal dispute, alleging that the pastor maintained a copy of the seed phrase card and recreated the wallet after giving her the Trezor, and thereafter transferred all of the bitcoin to a separate wallet that he controlled. Trial for this case is set for Spring 2023 in Harris County, Texas (case number 2021-51487).

Crypto scams and scammers come in all shapes and sizes. While some are more high-profile than others, the truth is that they can all have devastating effects. This case serves as an important reminder of the importance of being vigilant when it comes to protecting yourself from crypto-related scams and scammers.

• This opinion editorial by Matt Smith discusses how the National Security Strategy will enable the United States to maintain its position as a global leader and remain competitive in the race for Bitcoin accumulation.
• It is necessary for the United States to remain vigilant in its strategic interests as countries around the world seek to de-dollarize the world and shift to the economy of hard assets.
• Matt Smith argues that the White House must use this “decisive decade” to ensure America is on the path to a brighter and more hopeful future through the successful pursuit of its strategic goals.

The United States of America is facing a rapidly changing world. As adversarial competitors seek to de-dollarize the world, the race for Bitcoin accumulation has become a priority for many countries. The National Security Strategy (NSS) is a document designed to ensure that the executive branch follows a roadmap that will maintain the United States’ global influence and position it to outmaneuver its geopolitical competitors. The October 2022 NSS provides a vision for the nation’s future, with the White House stating that this “decisive decade” must be used to advance America’s vital interests and set the world on a path toward a brighter and more hopeful tomorrow.

Matt Smith, an operations officer for the United States Air Force and an assistant professor of aerospace studies at the University of Nebraska-Lincoln, echoes this sentiment in his opinion editorial. He argues that if any missteps are taken in the nation’s strategic interests, it could lead to the United States losing its grip on global influence. Therefore, it is essential that the White House remain vigilant in its pursuit of strategic objectives and seize this pivotal moment to ensure the nation is on the path to a brighter future.

The current geopolitical environment requires the United States to compete for Bitcoin, the world’s hardest and scarcest asset. Countries that have a larger fraction of 21 million will have a greater advantage than their competitors. In order to remain competitive, the United States must take advantage of the opportunities presented in the NSS. This “decisive decade” is a crucial moment for the nation to pursue its strategic interests and remain a leader on the world stage.

In conclusion, the opinion editorial by Matt Smith emphasizes the importance of the United States remaining vigilant in its pursuit of strategic objectives and utilizing the NSS to its advantage. He argues that the White House must use this “decisive decade” to ensure America is on the path to a brighter and more hopeful future. With the world rapidly changing, it is more important than ever that the United States remain competitive in the race for Bitcoin accumulation in order to maintain its position as a global leader.