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🌀 Enter the Bitcoin Circle: Unveiling the New Era of a Circular Bitcoin Economy, A Bullish Case for Indonesian Adoption of Bitcoin Infrastructure, and Samson's Cryptic Tweet regarding Aqua Wallet's Newest Unreleased Features!

May 30, 2023

The Faucet Newsletter

05/30/23

Bringing you the latest in Bitcoin updates, stories, and culture

Hey there,

Here are the highlights for this edition of The Faucet:

  • Bitcoin-Friendly Farmer's Market Offers Discounts for BTC Payments: Pleblab is organizing a Bitcoin-friendly farmer's market called FreshBytes on July 1st, 2023. In a proof of concept video shared by Toshi Moto (@428a2f98) on Twitter, the market showcased the sale of various goods, including pizza and kombucha, using the Lightning Network. This development is significant as it addresses Bitcoin's historical challenge of peer-to-peer liquidity for everyday transactions. The emergence of outlets like FreshBytes contributes to the growth of circular economies supported by Bitcoin. Watch the promo video of the Farmer’s Market on Twitter.

  • Promoting Bitcoin Infrastructure in Indonesia Despite Payment Restrictions: Dea Rezkitha (@dearezkitha), the organizer of the Indonesia Bitcoin Conference, expressed her optimism about Indonesia's participation in the global adoption of Bitcoin, even though current laws prevent its use as a payment method. Similar to other countries, Indonesia can adopt Bitcoin's infrastructure without subjecting its people to the cryptocurrency's volatility. One approach is to promote Bitcoin companies that act as intermediary exchanges for payments, such as Strike. Click here to read more about Dea’s thoughts on using Bitcoin as a payment infrastructure in Indonesia.

  • Seamless Integration of Lightning and Liquid Networks in Aqua Wallet: Samson Mow, CEO of Jan 3, shared intriguing insights on Twitter regarding the Aqua wallet's new functionality involving the Liquid sidechain. This discussion was initiated by a tweet from Bitcoin influencer @ODELL, who highlighted the potential of a wallet seamlessly integrating Lightning and Liquid networks through swaps. This model, resembling Muun's approach, leverages the advantages of the low fee market observed on the Liquid Network. Read more about Samson’s newest development milestone for Aqua.

That's it for this edition of The Faucet. Stay tuned for more exciting updates in the world of Bitcoin!