GM Brew Crew, in the wee hours of the night, Bitcoin shot up like a caffeinated kangaroo, jolting us from our peaceful slumber. So sip the brew nice ‘n slow today and let this fresh knowledge kickstart your morning! 🦘

Lets Dive In ⬇️

On the menu today:

• 🌐 EX-PAYPAL EXEC THINKS BTC WILL ADVANCE GLOBAL PAYMENTS

• 😱 METAMASK SNAPS ARE INTRODUCED

• 🚨 U.S. CONSUMER PRICE INDEX NEWS COMING TOMORROW

Today’s Charts:

🌐 EX-PAYPAL EXEC THINKS BTC WILL ADVANCE GLOBAL PAYMENTS

David Marcus, former PayPal exec and co-founder of Lightning-focused Lightspark, believes Bitcoin's Lightning Network can streamline cross-border money transfers.

In a Sept. 11 CNBC interview, Marcus emphasized the contrast between connecting with someone swiftly via email and the lack of a similar ease for payments.

You might wonder, "What about Venmo, Zelle, or PayPal?" However, Marcus is referring to global transactions. For non-U.S. recipients, using these apps isn't as seamless.

Currently, transferring money to non-U.S. residents involves a cumbersome process: obtaining bank details, visiting a local bank, and paying a $50 international wire fee.

Enter Bitcoin:

BTC facilitates sending U.S. dollars, which are then converted into the recipient's currency.

Thanks to Bitcoin's settlement layer + Lightning's real-time payments, cash finality is achieved at a remarkably low cost.

To our international readers: What are your thoughts on BTC as a solution to this long-standing issue? 🧐

😱 METAMASK SNAPS ARE INTRODUCED