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Will Russia Mining Bitcoin for Trade Drive the Next Wave of De-Dollarization?

Welcome back to the Bitcoin Builders Weekly Breakdown. The Weekly Breakdown is a chance to cover the most important news stories in and around the Bitcoin community. This week, NLW looks at:

  • Increase in the percentage of BTC held by entities with less than 1 BTC 
  • Lack of stress around recent price action
  • Bernstein report saying Bitcoin is poised for biggest bull run ever 
  • Arkansas passes right to mine bill 
  • NYT mining fud fails to resonate 
  • Russia exploring mining bitcoin and using crypto for cross-border settlement 

To join the discussion: bit.ly/breakdownpod

Thanks to our sponsor: In Wolf's Clothing // Wolf is the first startup accelerator focused exclusively on Bitcoin and Lightning // Learn more at wolfnyc.com 

Bitcoin Builders is produced and hosted by Nathaniel Whittemore. Lead researcher is Scott Hill. Edited by Kyle Barbour-Hoffman. Images by Midjourney. Theme music is "Everybody Dance" by True Ripper, licensed via Track Club. Ad music is "Easy's First Tiger" by Bossfight

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