Tribe Vibe - The Business Woman's Edition
Hello Tribe Vibers!
This week we look at the corporate world and why bitcoin is increasingly becoming a key technology for Wall Street, whether they like it or not. You don’t want to miss our upcoming course “Applied Bitcoin” exploring how existing industries are using bitcoin as part of their business operations. Lastly we catch up with Şelale, Founder of the Bitcoin Junior Club and learn about the kids Bitcoin space her company is hosting at an upcoming conference in El Salvador.
Editorial Note
Welcome to another exciting week in Bitcoin! Coming up:
👩🎓 Bitcoin 101: Your go-to resource for Bitcoin basics
🗞 News: Trending News in Bitcoin
👩💼 Women in Business: Where the Bitcoin “Femergy” is happening
📆 Events: Bitcoin events online and across the globe
🐣 Moms: Tips on how to teach your kids about Bitcoin
🎧 & 🎥Vibe of the Week: Our content recommendations
🎓 Bitcoin 101: Bitcoin for Business
It is our firm belief that “every business will be a bitcoin business”. Last year we ran a course by that very name. Here is the introductory session making our case as to why.
📈 Trending News
1. Bhutan holds a third of its GDP in Bitcoin 👀
The Scoop🕵️♂️: Bhutan, a country often celebrated for its happiness index, has taken a remarkable step by allocating nearly a third of its GDP to Bitcoin. This bold move not only positions Bhutan as a leader in governmental adoption but also highlights Bitcoin's potential as a national reserve asset.
Why You Should Care🚨: Bhutan's strategy could set a precedent for other nations, especially smaller economies, to diversify their financial reserves beyond traditional assets. For the average person, this signals Bitcoin's acceptance beyond the realm of finance into national policy, suggesting a future where Bitcoin could play a crucial role in economic stability and perhaps even in measuring a country's wealth or success metrics differently.
What This Means for Bitcoin ✨: The adoption by Bhutan could accelerate Bitcoin's legitimacy as a safe-haven asset, potentially leading to increased global adoption. If more nations follow, we might see Bitcoin not just as an investment but as a fundamental component of a nation's economic strategy, enhancing its value and utility.
2. Bitcoin as a hedge against global uncertainty according to JP Morgan
The Scoop🕵️♂️: JP Morgan’s analysts, whose CEO Jamie Dimon has been a dedicated bitcoin-hater for several years, put out an insightful market note in which they highlight how rising geopolitical tensions are driving investors toward traditional safe-haven assets like gold, as well as Bitcoin. The analysts suggest that with growing uncertainty surrounding global conflicts and economic instability, gold and Bitcoin are increasingly seen as protective hedges. They call this trend the "debasement trade," where investors flee fiat currencies—particularly in emerging markets—due to concerns over inflation and currency devaluation. Interestingly, while gold has been surging, Bitcoin hasn't experienced the same gains, but J.P. Morgan believes its role as a digital gold will persist in the long term.
Why You Should Care🚨: The world is becoming more unpredictable, with political and economic uncertainties mounting by the day. Whether it's geopolitical tensions or shaky national economies, these factors directly influence where investors place their bets. Traditionally, gold has been the go-to asset in times of crisis, but Bitcoin's growing reputation as "digital gold" is gaining traction, making it an essential part of any modern investment strategy. By understanding these market shifts, you can better safeguard your assets and align your financial strategies with the growing trend toward alternative investments.
What This Means for Bitcoin ✨: For Bitcoin, this shift underscores its evolving role as a hedge against global instability and currency depreciation. Though it hasn't yet mirrored gold’s recent performance, J.P. Morgan's analysis indicates that its position in the debasement trade will strengthen as more investors recognise its unique value proposition. As central banks continue to battle inflation and confidence in fiat currencies wanes, Bitcoin’s potential as a store of value could further solidify, making it a crucial asset in both corporate treasuries and personal portfolios alike.
📚 Read the full write up of the analysis in The Block’s write up here.
3. TD Scandal as the bank is fined $3bn for enabling cartel money laundering
The Scoop🕵️♂️: ICYMI TD bank has been fined $3bn for enabling cartel money laundering. AG Merrick Garland stated: “TD Bank create an environment that allowed financial crime to flourish by making its services convenient for criminals, it became one.” TD were issued with the largest ever penalty under the bank secrecy act.
Why You Should Care🚨: It has not escaped the notice of retail bitcoiners and bitcoin businesses that government and the banking industry globally have created a difficult environment for bitcoiners and bitcoin businesses by debanking them without notice or recourse, freezing accounts, and in the case of Chokepoint 2.0 in the US recently, engineering the shut down of entire banks who were solvent because they were providing banking services to digital asset providers. This penalty shows how in reality, it is the fiat system and its banks that facilitate the majority of crime globally.
What This Means for Bitcoin ✨: People often like to say that everything is good for Bitcoin. This is good for Bitcoin. It shows how a sound monetary system of free, non-violent trade is the way forward, and that the faster the traditional finance system is brought to an end, the better it will be for all of humanity.
💼 Women in Bitcoin - 5 Reasons for Women to Hold Bitcoin
👩🍼 Hold an asset that won’t lose value through currency debasement while you take a career break to make a human.
🧑🧑🧒🧒 Save for your children’s future with the best performing asset of this decade.
💰Hold an asset that can be stored in your head, protecting an enforcing your ability to leave a situation with your wealth intact, should the need arise.
🎗️Supporting workers worldwide who are not part of the traditional financial system through frictionless, and fair trade.
🎓 Learn what it means to be truly self-sovereign by being your own bank.
📆 Events
October 15th we kick off with a 4-week course exploring how existing industries are integrating Bitcoin into their operations.
Industry experts from the energy market, healthcare, content creation and more, will share their insights. We wrap the course up with a presentation from Caralie Chrisco, Program Manager at the Wolf NYC Accelerator, a New York based program that boasts some of the most innovative companies using bitcoin amongst its alumni!
SIGN UP NOW
The course is open to Premium subscribers of Access Tribe. If you are not a member already, subscribe now for just $80/year and access all of our courses, archives, future content and member networking sessions.
👩👧👦 Bitcoin for Kids - The Bitcoin Junior Club
15-16 November, San Salvador—Bitcoin Para Niños.
A family-friendly space full of education and fun.
This year at Adopting Bitcoin in El Salvador, you’ll find a dedicated zone called Bitcoin Para Niños, where kids can have fun, make new friends, and explore a variety of topics, from sound money to creative thinking. Some parts of the agenda will also welcome older participants, including parents, teachers, and anyone interested in discussing the importance of Bitcoin for younger generations. The program will be available in both English and Spanish.
FREE admission for all Adopting Bitcoin ticket holders!
Kids under 18 don’t need extra tickets: bring the younger members of your family along!
Bitcoin Para Niños is created in collaboration with the project ‘Bitcoin Junior Club: Sovereign Generation, and is supported by local and global initiatives focused on youth and education. Thank you to everyone involved!
📢 #Bitcoin4Youth #AB24
📍 More details will be released in the coming days.
Education-fun zone for kids, teens & parents alike.
Follow them here:
Webpage: www.bitcoin4youth.com
Nostr: https://njump.me/npub1p0s2hqy2eew49zye7jw79374u0jj4t7erthx4mcsy3r0ddkzkkxqxaa7gv
🎧 & 🎥 Vibe of the Week - Podcast with Sela when done
We caught up with Şelale this week, bashed Big Tech and talked about decentralised alternatives, and her upcoming participation in the Adopting Bitcoin conference in El Salvador as well as the space that the Bitcoin Junior Club will be hosting at the event.
Aza is a bonkers explosion of ideas and energy. Enjoy! 😍
Meme of the Week - Stay fearless! 🧡
📆 Book a free 1 to 1 session with our founder to learn how to Buy and Custody Bitcoin safely:
📺 &🎧 check out our conversations with Women in Bitcoin:
https://accesstribe.com/podcast
👋 See you all next week for more Tribe Vibes!