The PB Pulse

The Viral Challenge That Has Bitcoin Twitter Pumped

The Viral Challenge That Has Bitcoin Twitter Pumped

Straight out of Bitcoin Twitter, where memes are the language and humor is often the currency, one recent challenge has the community flexing more than just their Bitcoin wallets. The challenge? A staggering 100 pushups a day, all in the name of reaching the elusive $100K Bitcoin price. As the meme gains traction, so does the enthusiasm of Bitcoiners ready to pump up their gains, both in the market and at the gym.Bitcoiners from all walks of life, whether seasoned HODLers or newcomers to the space, are embracing the challenge with open arms (and flexed biceps). Screenshots of push-up counters and sweaty workout selfies flooded timelines, creating a communal sense of camaraderie and motivation. Here are a few of the Bitcoiners that have outwardly proclaimed their commitment to the challenge:@PeterMcCormack@BTCsessions@satoshibaggins@seanclarke911@knox_hodl@noufsmith@Anders_@bitkite@DavidBranscumAs the pushup counters approach the six-figure mark and Bitcoin approaches this historic price level, the 100K pushup challenge is becoming more than just a meme – it’s becoming a testament to the unity and spirit of the Bitcoin community.Bitcoiners know how to pump up the fun ;D
REALITY Lyrics by Tip NZ

REALITY Lyrics by Tip NZ

With great honor, the Pacific Bitcoin team is excited to share the full lyrics to Tip NZ’s powerful song, “REALITY”. If you thought Tip’s performance at Pacific Bitcoin 2023 was moving (which we definitely do not disagree with), try reading the lyrics over when you have five minutes of peace and solitude – a moment to take it all in, line by line.Her words remind us of the power of Bitcoin and what is at stake. Truly moving. Which lines are most impactful to you?  REALITY Lyrics by Tip NZ: With time, a seed becomes a tree, sheltering usWith time, a skill becomes a talent, empowering usWith time, a technology becomes a tool, enhancing usBy nature, time gives value to almost everythingYet the very thing our society gives value to, our money,loses value over timeThis paradox warps our reality by defying the laws of nature and it stems from the belief that...A dollar today is worth more than a dollar tomorrowMeaning money must always lose value and we've built our reality off of this model "Time Value of Money" we call it but in reality this is just dogmaSince we can keep making more of it we end up destroying our own purchasing powerSo we put it in stocksput it in bondsput it in landput it in fundsput it in cryptoput it in goldbut we're not oracles so what do we know?We know that it's hard to get byWe know some people may never retireIs time value of money a lie since it discounts the monetary value of our time?If time is money, how are they moving in different directions?We're working longer for less we end up just giving away our freedomGive up liberty for policiesGive up our agency to the authoritiesBecause when our foundation is built on complexity we simplify humans by giving up our humanityReality check we've strayed too far from the truthThe world economy's a wreck when 1+1 no longer equals to 2And if life's created from the truth along the way something got screwed and we let our own dogma subjectify valueWhen we divorce action from consequenceWe defy the law of physicsWhen we made scarcity infiniteWe disregard the language of mathematicsSo our systems are built on a fallacyOur society is based on a fantasyIn the absence of truth, we're living in the shadows of our own realityAnd that's the root problemMan-made rules can be brokenAs our trust crumbles so does the progress of our civilizationBut one thing remains constantNo one can cheat natureSo why not use it to architect a stronger base layerThe most beautiful buildings are engineered based on these consequencesNatural law drives rigour needed to build something enduringUncompromising on principles that accounts for the flawsBecause when our lives are at stake the gravity of truth cannot be ignoredSo if our monetary system was designed like structuresit would embody energy and matter so the money itself mattersAn unbreakable limit enforced by costliness of creationensures the structure holds value for many generationsA rule based system governed by maths builds a transparent ecosystem that can self error correctWith no one in charge no words are taken as fact only work from computation can actualize truth of timestampsAnd like water flowing off a cliff down the path of gravity computational energy makes time flow one way onlyIt is this irreversibility which gives value to our money by upholding consensus and scarcity to create one shared realityNow the map is the territoryNow we're working with high fidelityNow money is truthfully time and energy bound by finalityNow we have the ability to manifest each of our dreamsWe and build a world that is much more reflective of all of our needsAnd that's the purpose of moneyMerely a tool to shape our realityMerely a function to harness and express individualityJust a way to live freelyJust a means for possibilityBecause when we build on integrity we enhance the beauty of humanityThe most beautiful societies are built from diversity of our thoughts that come to life when we're empowered individuallyBecause when our money tomorrow is worth more than today, we shift from predicting to creating the future ourselvesAnd when our money grows in value we grow thoughtful in how we use itNatural law drives rigour needed to fund something enduringSomething truly worth itSomething that pushes the sky's limitSomething only possible now real value and consequence exist in boundless virtual dimensionsImagine potential creations fuelled by monetary life force lasting for many generationsWe will venture into new territories and unleash these possibilities once we learn to embrace the truth of our reality Tip NZ is coming back to Pacific Bitcoin 2024 with a brand new performance! Get your tickets here.
Wear It Loud, Wear It Proud: How Bitcoin Apparel Ignites Conversations and Fuels Curiosity

Wear It Loud, Wear It Proud: How Bitcoin Apparel Ignites Conversations and Fuels Curiosity

In the dynamic world of Bitcoin, fashion takes on a new role beyond trends and styles. Wearing Bitcoin apparel isn't just about making a statement; it's a silent invitation down the rabbit hole. Because the truth is, we are ALL Bitcoin’s marketing department. Connecting Communities Wearing Bitcoin apparel goes beyond personal style, it creates a sense of community. When enthusiasts spot someone else sporting a Bitcoin logo, it’s an instant connection between like-minded individuals. It's a secret handshake, a fast way for us to know that we are both part of the community that's shaping the future of finance.Kristin Thompson, the Director of Pacific Bitcoin, was just stopped the other night at her favorite sushi spot when a nearby table noticed her Pacific Bitcoin limited edition “Get On the Mission” sweatshirt. Sparking Conversations Bitcoin apparel turns everyday encounters into learning opportunities. From coffee shops to grocery stores, it opens the door for impromptu conversations about Bitcoin, turning curious glances into discussions about financial sovereignty. Influence Through Expression Wearing Bitcoin is more than a fashion choice; it's a form of expression that transcends traditional communication. It’s a subtle yet powerful visual showcase of enthusiasm. Where to Buy Bitcoin Merch FOMO21 has been a long-time favorite Bitcoin apparel company, and Pacific Bitcoin joined forces with Neil Jacobs and his team to bring you exclusive Pacific Bitcoin-inspired clothing and accessories. “The bright, orange future of Bitcoin is not just a vision; it's a reality that's being built every day by communities like those gathered around Pacific Bitcoin. This is why we are thrilled to launch a dedicated Pacific Bitcoin online store”, says Neil Jacobs.You can also find a variety of other Bitcoin-inspired styles here. So, wear it loud, wear it proud, and let the Bitcoin revolution unfold one shirt at a time.
Bitcoin Liberation: Yan Pritzker’s Personal Journey to Freedom

Bitcoin Liberation: Yan Pritzker’s Personal Journey to Freedom

Bitcoin can mean different things to different people. To me, it represents a personal fight for freedom. Having lived in a country where basic freedoms were suppressed, Bitcoin holds a special significance for me. Pritzker family photo, USSR 1989. Yan is second from the left. In 1989, my family left Ukraine, which was then a part of the Soviet Union.There, prices were fixed, capital was controlled, information was censored, people were routinely and arbitrarily jailed, and the government set exchange rates that hid the truth of the ever-devaluing ruble.The economy was failing to supply basic goods. Many people lived in tiny apartments with three generations of family members. A pair of jeans could cost you a month’s salary.If you ever saw a line forming at a store, you would stand in it regardless of what was being offered that day because you would purchase anything you could and exchange it on the black market for what you needed. What They Don’t Teach at School Although I was lucky to receive a high-quality high school and university education after immigrating to the United States, I was unaware of the role of monetary policy in shaping Soviet society until I started learning about Bitcoin at the age of 35.I asked my parents about what happened to our money when we left the Soviet Union. What I learned shocked me.When my family left the Soviet Union, the government only allowed us to exchange $100 per person at their fixed ruble exchange rate.The street value of these rubles was almost nothing, so we took what little we could, along with suitcases of trinkets, to sell on our way to America.  Amount of Deficit Financed by Printing Money Byung-Yeon Kim, “Causes of Repressed Inflation in the Soviet Consumer Market, 1965–1989: Retail Price Subsidies, the Siphoning Effect, and the Budget Deficit,” Economic History Review 55, no. 1 (February 2002): 121.  This was an example of the ugly face of capital controls: we could leave the country, but we had to start over. Our money wasn’t really ours!I discovered this problem wasn’t unique to the Soviet Union. It continues to happen all over the world today. By controlling the flows of capital, governments can effectively control their population, preventing the free movement of people to better jurisdictions and censoring people by cutting off their ties with financial services.Bitcoin fixes this!Bitcoin makes money truly portable and difficult to censor, giving people a real bargaining chip against their leaders for the first time in history. If only my family had access to Bitcoin when fleeing the Soviet Union, we could have left with our wealth intact. Why Many Americans Misunderstand Bitcoin While many native-born Americans may find it difficult to imagine, immigrants are all too familiar with the problems of autocratic governments.Unlike the United States, other countries do not have the privilege of a reserve currency that is widely in demand. Instead, governments there abuse their money printer, leading to massive currency devaluation. As they run into problems, governments tighten controls on money and information in a desperate attempt to hold their population hostage, with predictably disastrous results.We cannot take our privileges for granted. We will lose our freedoms if we do not fight to maintain them. Politicians have lied to our faces about the inflation we experience. Economists have combined inflation into a single irrelevant number while manipulating the components that go into its calculation. We have seen the utter incompetence of our central bank, which created stock market bubbles through a zero interest rate policy, followed by blowing up banks when they raised rates.The United States currently abuses our reserve currency privilege to print ever more currency to finance perpetual war while causing the rest of the world to suffer by exporting our inflation.Now, we are seeing this behavior start to turn on us, with several countries starting to look for alternatives to U.S. hegemony.As our currency devalues, our prices distort, and the government pushes for unconstitutional surveillance over all financial transactions, people have naturally flocked to Bitcoin as an escape hatch.Recent actions led by Sen. Elizabeth Warren demonstrate the government’s attempt to crack down on this escape hatch, and it’s all too reminiscent of the former Soviet Union.First, the proposals are trying to remove all semblance of privacy from our financial transactions by forcing banks into spying on citizens for any attempt to remain private in our financial transactions.On top of that, they are even going after our free speech rights by proposing regulating our Bitcoin nodes with legislation that would call every node a money services business.Do not be misled. These are attempts to prevent you, a “free” citizen, from being free to do what you want with your money. It is an attempt to lock you in, to prevent you from speaking freely, from choosing what to do with your wealth, and ultimately from leaving with your wealth, intact should the need arise. Bitcoin Is a Tool of Empowerment Bitcoin multiplies the internet’s democratizing effect on information by bringing control of money back to the people and creating permanent, free market incentives to develop energy infrastructure critical to human flourishing.Imagine if you could get paid instantly for work you perform in money that cannot be seized by your government? What if governments required consent from citizens before waging wars abroad? What if citizens could protect their wealth from runaway inflation?Well, for the first time ever, in Bitcoin, we have an instrument to protect ourselves from monetary debasement and overreaching governments. And that is something to be optimistic about. Bitcoin is about so much more than merely “number go up.” It’s a tool to reclaim individual economic freedom from those who seek to take that freedom away. About The Author Yan Pritzker is the co-founder and CTO of Swan Bitcoin, the best place to buy Bitcoin with easy recurring purchases straight from your bank account. Yan is also the author of Inventing Bitcoin, a quick guide to why Bitcoin was invented and how it works.
A Recap of the 2023 Pacific Bitcoin Festival

A Recap of the 2023 Pacific Bitcoin Festival

Pacific Bitcoin redefines the boundaries of what an event could be by seamlessly blending the best of Bitcoin education, entertainment, and social connections. It was more than just a conference.