BMR for 26th Sep 2021 - Bitcoin, Lightning network & Twitter

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Here is a headline to wake up to New Twitter Integration Will Drive The Bitcoin Price Above $300,000.

High hopes and I hope it is correct. So here are some highlights from the article:

"Jack Dorsey’s social media platform Twitter has officially enabled third-party bitcoin tipping services for iOS users, giving them the ability to seamlessly pay one another across the globe, nearly instantly."

Sorry to say it is only for iOS to start. But I am sure if as successful as they expect it will becoming to Android and desktops also.

And what I think is the biggest statement in the whole article:

"As demonstrated by Bitcoin’s ongoing supplantment of Western Union and Moneygram in El Salvador — which has already seen the permissionless monetary network cut into those third party’s revenue streams by an estimated $400 million per year — the appetite for more efficient global, digital payments systems is huge."

I guess it is time for the bears to become Ostriches. Keep their heads in the dirt and ignore what is going on with crytpo in the world.

Market Report:

Hive: $0.5805 down 5.45%

Bitcoin: $42,923.98 up 0.36%

Cub: $0.4314 down 2.18%

Chia: $157.18 down 14.96%

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Have a great day all.

Bradley

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