BF58 - Weekly Bitcoin News - 4/2/23

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