🚀 Bitcoin's new record 👀

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GM everyone. This is 2036, the crypto newsletter that pays you 💸

Today is Wallet Wednesday - our favorite day of the week.

We're dancing like it's the 21st night of September.

Today is the day we bring sideliners into the crypto game.

And it’s the perfect time. Bitcoin’s making a huge comeback.

So if you’ve been waiting for a good reason to buy bitcoin, today’s newsletter is for you.

🤌 Our Top Picks

Stories to read if you’ve only got 1 minute

1/ US citizens will face 20 years in prison + $250,000 fine for using a VPN to access ‘banned apps’ 

2/ The BRICS has overtaken the G7 in Global GDP

3/ What the Binance lawsuit means for crypto

💡 Learn

Get smarter on crypto in 2 minutes

Bitcoin’s back. 

And although we’re happy with the 60% increase year-to-date, we’re not talking about price.

Bitcoin’s main value proposition is to be a secure form of decentralized wealth - like a Swiss bank account in the cloud.

That’s why it’s different from Ethereum, by the way. Ethereum is a technology company like Google or Meta.

But to be a Swiss bank account in the cloud, it has to be secure.

Cause if your Swiss banker snuck his fingers in your safe, you wouldn’t be entirely happy either.

So to measure the network’s security, we use a proxy called ‘hashrate.’

The hashrate is a function of two things:

• the number of bitcoin miners and

• how hard they have to work to secure the network

Transactions on the bitcoin blockchain are validated by ‘miners’ - machines that compete to solve difficult mathematical problems as fast as possible.

The fastest machine to find the result validates the transaction on the blockchain and gets paid a small reward.

This is how miners make money and why nerds buy loud-ass machines to put in their basements.

This is where bitcoin gets a bad rep, by the way. The World Economic Forum estimated these miners would use up all of the world’s energy by 2020.

In reality, they consume less than ALL tumble driers in the US. Great prediction, WEF. I wonder what else you’re wrong about… maybe this.

The hashrate is a proxy for how hard bitcoin miners have to work to secure the network.

So the higher the hashrate, the more difficult the mathematical problem miners have to solve.

But a higher hashrate also means the network becomes substantially harder to attack.

And this weekend, the bitcoin hashrate hit a new all-time high.

This is important, because it means that regardless of daily price action, the bitcoin network is getting stronger by the day.

And now more than ever - with banks collapsing - we need sound, secure money that won’t be inflated away by governments.

And that’s the role bitcoin plays.

Bitcoin is like a Swiss bank account in the cloud that can't lend out, invest, gamble, dilute, debase, freeze, or seize your assets.

It works all the time, everywhere in the world, and is unstoppable.

That’s why we believe getting bitcoin is one of the most important financial decisions you can make.

And to celebrate the hashrate all-time high, we’ll pay you to do it.

💎 We wrote a report on the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Refer 1 friend using this link and we’ll send over the report.

📝 Task

Earn $50 in BTC for opening a bitcoin wallet

Today’s task is simple: open a bitcoin wallet and send us your address to enter a raffle to win $50 in BTC (bitcoin).

And if you already have a wallet, you can submit that too.

If you’re looking for wallet recommendations, here are the best options out there:

• For offline security backup: Ledger combined with Cryptotag 

• For simplicity and security: Coinbase

• For desktop: Electrum

• For Android: Samourai

• For iPhone: Blockstream Green

• For a web wallet: BitGo

• For privacy nerds: Joinmarket 

• For security nerds: Casa

Just like last Friday, we’ll tally all the participants in a google sheet and mathematically choose a winner at random who’ll receive $50 in BTC.

For transparency, the sheet will be viewable by all and sent out to you in Friday’s email.

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Send this email to 1 friend and receive the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Use this link