GM.

It’s Arsen, bringing you the 14th edition of TLDR Bitcoin - the newsletter that keeps you informed AND entertained.

First, happy Sunday to 1,507 of you reading today.

As promised in the last edition, I’m giving away something special to celebrate 1,500 subscribers. 🎁

I’ve partnered with the guys over at BitPLATES to give away one of their signature Domino One Starter Packs (retail value €116) to one of you. All you have to do is reply “bitplates” to this email for a chance to win this bad boy.

Go ahead, reply to it. I’ll wait.

Alright, welcome back. Let’s get into it.

Here’s what I got for you this week:

• Bitcoin is finally going nuclear

• Bank of England: have fun staying poor, peasants

• Is Mexico next to adopt Bitcoin?

Estimated read time: 3 minutes and 4 seconds

BITCOIN 🤝 NUCLEAR POWER

Nuclear, meet Bitcoin. Bitcoin, meet nuclear. Now kiss.

TeraWulf (pretty sure this is a video game character), a Bitcoin mining company, has launched a 50-megawatt 100% nuclear-powered mining facility in Pennsylvania, United States.

They’re calling it ‘Nautilus’ (ok, this one has to be from a video game). It’s the first U.S based mining facility that uses nuclear power.

This is Yuuge. Here’s why:

1. 91% of the power generated at the plant is zero carbon (can somebody get Pierre to measure it?)

2. This is a signal to other nuclear plants: you can monetize your energy with bitcoin

Both Bitcoin and nuclear are extremely misunderstood and demonized by the general public. I can already hear the climate propagandists’ mindless screeching…

No, Karen. Bitcoin will not cause a nuclear holocaust.

In reality, Bitcoin and nuclear are a match made in heaven. Here’s why:

• Nuclear energy plants run on base load (which means they continuously generate energy). They will need Bitcoin miners to consume some of it.

• Bitcoin miners benefit from reliable and carbon-free energy sources. And nuclear plants guarantee a number of megawatts to them.

Nuclear is THE cleanest and most effective way to produce energy for the world - and Bitcoin will accelerate its growth.

BANK OF ENGLAND: HAVE FUN STAYING POOR

The UK has many beautiful things. Here are a few:

• Rain

• Great teeth

• Football hooligans

• Rain

• And whatever this monstrosity is

Well, it looks like they have the dumbest central bankers too.

Recently Huw Pill from the Bank of England revealed their new official stance: “Have fun staying poor”

Pill was on record saying: ‘Britons just accept that you are getting poorer.’ Looks like he said the quiet part loud…

For those of you that don’t speak Cantillionairish, here is a translation: “Peasants, just skip a meal and accept that we’ll keep robbing you.“

Even central bankers are not spared from poverty. For example, our friend Mr. Pill ‘Just accept that you are getting poorer’ Pill is also struggling:

• Owns a £1.5m home

• Gets £180,000 yearly salary from taxpayers

Poor guy. I hope he will be okay.

The bureaucrats at the Bank of England believe someone should pay for the inflation crisis. And that someone is you.

Here’s a fun fact: last year, every 1 in 4 pounds in existence have been printed in just the last 3 years. But that can be why inflation is out of control, right? RIGHT?

You probably know what I think of central banking if you read this newsletter. But I’m not even mad. People like Mr. Pill are exposing central banking for what it is. And in the process, forcing people to look for alternative monetary systems.

In the meantime, we’re stuck with this:

Credit: @RD_btc

If you’re feeling generous (and a little entertained), why not share TLDR with a bitcoiner 👇

MEXICO NEXT TO ADOPT BITCOIN AS LEGAL TENDER?

Looks like Mexico is about to pull an El Salvador.

Proof?

Senator Indira Kempis recently tweeted “probably nothing" while posing with our boy Samson Mow in Mexico's Congress.

So yeah, it’s official.

On a more serious note, Samson and Indira spoke in front of Congress to educate Mexican politicians on what Bitcoin can do for their country.

In this press conference, Samson outlines 3 ways a country can adopt Bitcoin:

1. Add Bitcoin to the nation's treasury

2. Introduce Bitcoin bonds and state-sponsored mining

3. Make Bitcoin a legally accepted form of money as El Salvador did

Mexico is a prime candidate to adopt Bitcoin. Mexico has 129 million people. It’s estimated that 60% of the Mexican population is unbanked and cut off from financial services. Time to give power back to the people.

And before you all move to Cabo, this is still just a conversation. No bill has been proposed. But still, the Congress of sovereign nation is discussing Bitcoin as a legal tender in the open. Wild times.

The nations that adopt Bitcoin will keep getting ahead. Those that refuse will face increasing scrutiny from their citizens as inflation keeps destroying their savings.

Credit: @TheBTCTherapist

This week in a meme

Stop watching the news.

Get on Bitcoin Twitter.

Job of the week

The guys at Foundation Devices are looking for a part-time ‘run the numbers’ guy/gal.

If you’re good with 2+2 stuff (I’m not), this might be a job for you.

From the archive

The creator of Gmail on Bitcoin 10 years ago.

You were right, Paul, you were right.

Credit: @pete_rizzo_

That’s it for this one.

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See you next Sunday,

Arsen

PS: Enjoy the newsletter? Please forward it to bitcoiner. It only takes 5 seconds. Writing it takes me 5 hours.