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A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the goal of $5,000.
The book was conceptualized soon after the United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which mandates stringent reporting requirements for the crypto community. According to the authors:
“We set out to write a book to help policymakers understand where Bitcoin users are from and what they care about. We want to dispel the notion that it’s a nerd money and show how it’s impacting so many people in America.”
The Kickstarter was launched by Jimmy Song, a Texas-based crypto entrepreneur and a seasoned author. Other authors include Annaliese Wiederspahn, Gary Leland, Pete Rizzo, Amanda Cavaleri, CJ Wilson, Charlene Fadirepo and Lamar Wilson.
As per the schedule, the manuscript for the Bitcoin book has been drafted and will be finalized by the end of 2021. By January, the authors intend to have the audiobook and paperback available for sale, which will be supported by a “book launch event in Washington DC to promote this book.”
While the Bitcoin book authors have already accounted for the initial funding of $5,000 for the book’s production, the additional funding will be invested in the book’s launch party:
“As authors of this book, we recognized that the impressions in Washington were far from the reality and sought to correct this perception.”
Related: Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US
Supporting the Bitcoin book’s effort to demystify the ecosystem for the regulators, Federal Reserve chair Jerome Powell hinted at a lack of concern about crypto disrupting the nation’s financial stability.
As Cointelegraph reported, Powell also said that stablecoins have the potential to scale, “particularly if they were to be associated with one of the very large tech networks that exist.”
Author Jimmy Song discusses his book “Thank God For Bitcoin” and parellels between Bitcoin and Bible scripture.
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Author, Clubhouse host and Twitter influencer Jimmy Song joined hosts Steven McClurg and C.J. Wilson in episode nine of “Bitcoin Bottom Line” to discuss religion and the production of his book “Thank God For Bitcoin.”
Song kicked off the episode discussing his book, sharing that he wanted to write because producing content is a way to help others on their journey.
“There’s a lot of conflicting voices, a lot of noise,” Song said. “It’s hard to cut through that and understand what’s going on, so I try to simplify things to help others understand.”
McClurg shared that, even after six years of explaining Bitcoin to his wife, she never fully understood the concept until she read “Thank God For Bitcoin.” Since then, she’s been excitedly sending it to all of her friends and sharing it with her community.
“I’m just trying to help others, because Bitcoin has helped me in many ways, especially financially,” Song said.
After working in Corporate America and having his opinions largely beholden to his employers, Song discovered a freedom in expressing his opinion and being authentic. He began sharing his faith at Bitcoin conferences, where he connected with his six coauthors-to-be. This group ended up holding a Zoom Bible study during the COVID-19 pandemic, which led to the writing of “Thank God For Bitcoin.” They studied what the Bible says regarding money and read economic textbooks, integrating Song’s past 10 years of experience with Bitcoin and his religion.
Wilson noted that this links the most futuristic money ever invented and some of the oldest rules ever written. The similarities in the two demonstrate that people haven’t necessarily changed in a lot of ways.
“A lot of the systems we have right now tend to be very alienating to the soul, and corporations tend to be one of those things,” Song commented. “It’s a completely artificial environment that we aren’t necessarily equipped to deal with.”
“Bitcoin gives you a sense of independence from a lot of the controlling systems that exist,” he continued. “There is so much that ends up controlling us that we think is beneficial to humanity, but they end up playing us.”
McClurg then explained that he spent most of his life working for corporations where he had to bury his religious and political beliefs, but he changed that for his employees.
“When Leah and I started Valkyrie, we decided that our values would be instilled in the company and people would be able to express them,” McClurg said.
Wilson closed out the episode with an analogy: “Bitcoin is a guiding North Star as I’m sailing across the ocean,” he said, “I know I’m going to encounter waves and sharks along the way, but Bitcoin’s my light and drives my vision.”
Author of “Programming Bitcoin” Jimmy Song discussed his upcoming appearance at the Bitcoin 2021 conference being held in Miami June 4 and 5.
Jimmy Song will be speaking during the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure that you set a reminder for the Bitcoin 2021 day one YouTube live stream and one for the Bitcoin 2021 day two YouTube live stream now.
View Jimmy Song’s interview on YouTube.
In this interview, host Joe Rodgers sat down with the author of “Programming Bitcoin” and co-author of “Thank God For Bitcoin,” Jimmy Song, to discuss Bitcoin 2021. Song is a long-time Bitcoiner and has spent the last couple of years focusing on education.
His “Programming Bitcoin” course has trained hundreds of Bitcoin developers, including Core contributors, so he has built a reputation as a great communicator and has a deep understanding of how Bitcoin works at a technical level. If you’ve spent any time on Clubhouse over the past year, you’ve probably heard Song in a room spitting fire to veterans and noobs alike.
When asked about what he is most looking forward to at Bitcoin 2021, Song’s answer was simple, it was to be around other Bitcoiners. He spoke about this as a once-in-a-lifetime type of event. There’s never been 10,000 Bitcoiners gathered together and something special will come out of this conference.
Song will share the stage on June 5 with fellow thinkers Robert Breedlove, Guy Hirsch and Guy Swann as they dig into the Moral Case For Bitcoin.
Set Reminder for Bitcoin 2021 Day 2 YouTube Live Stream →
If interested, Song is hosting a ”Programming Blockchain” two-day seminar on June 1 and 2 in Miami before Bitcoin 2021. Be sure to give Song a follow on Twitter, check out his books and say hello to him at the conference.
Song will share more about his outlook on Bitcoin during the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure that you set a reminder for the Bitcoin 2021 day one YouTube live stream and one for the Bitcoin 2021 day two YouTube live stream now.
Join the #Bitcoin2021 party from anywhere in the world by joining our conversation on Telegram. Plus, be sure to subscribe to our newsletter to stay on top of the latest Bitcoin news and all the happenings at Bitcoin 2021.
Bitcoin (BTC) has made the crypto space to erupt in all manner of praise after the leading cryptocurrency went through the roof to break an all-time high (ATH) price of $20,000 set three years ago. BTC has been on a frenzy gaining more than 13% in the last 24 hours and now trading at an astonishing $22,160 at the time of writing, according to CoinMarketCap.
Jimmy Song, a leading Bitcoin educator and advocate, has taken to Twitter to reveal that this price rally made BTC’s daily candle to gain more than $1900. He tweeted:
“The daily candle just closed +$1900. That’s more than double what Bitcoin was worth 4 years ago. Someday, we’re going to see a +$40,000 candle.”
He, therefore, suggests that the current price surge is the tip of the iceberg on what awaits the top cryptocurrency because a time will come when BTC’s daily candle will gain by more than $40,000.
His sentiments can be echoed by the fact that institutional investors are no longer in oblivion to the huge potential Bitcoin has to offer as an inflationary hedge, especially at a time when global governments are employing financial initiatives like quantitative easing (QE) to tame the economic turmoil triggered by the coronavirus (COVID-19) pandemic.
For instance, earlier this month, institutional investors pumped a whopping $429 million into crypto funds and products, with BTC taking the bulk at $334.7 million. This record-breaking move became the second-highest weekly inflow after $468 million was recorded in mid-November.
As Bitcoin continues to make history, Tyler Winklevoss, the CEO of Gemini, spared a moment to poke crypto critic Peter Schiff, who appears as adamant as ever that the market is rising on pure speculation. Schiff has emerged to be a notorious critic of Bitcoin’s true value, especially compared to safe-haven asset gold.
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