The Texas-based #Bitcoin mining facility @RiotBlockchain got a text earlier this year during intense weather, “The power grid needs support. Please curtail now.”
The company then immediately shut down their machines and provided their power to 20,000 additional Texan homes. 🏠
It was only a matter of time before they blamed bitcoin for inflation. #bitcoin https://moneyweek.com/investments/alternative-finance/bitcoin-crypto/603510/how-a-bubble-in-bitcoin-could-lead-to
Yes. Very true. Federal law and what various states (both US states and foreign sovereign states) have very quickly diverging opinions on how this should go.
For #Bitcoin transactions in El Salvador, it will be nearly impossible for transaction parties to provide complete know-your customer information, as envisioned under the Bitcoin Law. Red flags by the Financial Action Task Force are imminent.
Bitcoin came into existence after the relentless hard work and sacrifice of many cyberpunks.
Many had to undergo prison and death threats from authoritarian regimes.
#Bitcoin was not designed to make us rich, it was designed to fight for our basic human rights.
We should have approved a #Bitcoin ETF long ago says SEC Commissioner. “With each passing day, the rationale that we have used in the past for not approving seems to grow weaker.” -Hester Peirce
#BREAKING: Today, the US State Department named 14 El Salvadorans, many associated with the Bukele regime, as corrupt or undemocratic actors. First, it was El Salvador's #Bitcoin Law. Now, the State Department is wielding the hammer. https://www.state.gov/reports/353-corrupt-and-undemocratic-actors-report/
BREAKING: 650 US Banks to Start Offering #Bitcoin to 24 Million Clients via 135-Year-Old Payments Giant
No one, not even the FBI, can crack #Bitcoin's security. I explore the math and physics behind this in this week's issue.
New Issue! Now that it's official that El Salvadore has declared #bitcoin legal tender, how does one tactically use it day to day? I've been doing this for years, and I talk about my tool kit in this issue.
/mark rizzn hopkins
crypto-anarchist, thinker, maker, gonzo-blogger.
Creator of theCube (enterprise TV).
An IBM Futurist.
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