Bank of America's global research newsletter recently suggested that large institutions who are too nervous to allocate a % of their treasury to #Bitcoin, should instead take on DeFi yield farming risk.
"Large institution should put billions of $ in CRV liquidity pools."
The IMF has approved a $1.3 billion loan for El Salvador. #Bitcoin adoption was one of the things that persuaded the IMF to provide a loan to this Central American country—Bloomberg
The #Bitcoin Dave Portnoy bought and sold in 2020 would now be worth over $1 million.
El Salvador has started mining #Bitcoin using the renewable energy from Volcanoes. 🌋
China’s authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.S. It’s also a reminder of our huge structural advantage over China.
Things that China has banned:
Google in 2010
YouTube in 2009
Facebook in 2009
#Bitcoin in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021
I am 30 years old and in my life time 2 Ukrainian banks closed down taking my savings with them. It didn't take long to convert me in #Bitcoin
#Ukraine set to become next country to make #Bitcoin legal tender https://www.cityam.com/ukraine-set-to-become-next-country-to-make-bitcoin-legal-tender/
Breaking: Mayor Francis Suarez: "Go out there and elect the next president of the United States to be a pro-#bitcoin president." @FrancisSuarez
I do enjoy it a little bit to see that the account of the President of El Salvador is basically indistinguishable from your run of the mill bitcoin maximalist influencer.
Tons of it.
Here comes the "bitcoin is for terrorists" narrative.
22 year-old Farhan Hotak, living in Afghanistan, “I have very, very, very limited resources to do anything. I’m interested in the crypto world, because I have earned a lot, and I see a lot of potential in myself that I can go further,”
#Bitcoin is hope.
#Bitcoin mining is now the most profitable major industry on the planet.
The real wild part? Half of that industry moved across the planet…overnight.
Where #Bitcoin miners decide to call home, will become the future financial center of the world. 🌎
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. 🏠
/mark rizzn hopkins
crypto-anarchist, thinker, maker, gonzo-blogger.
Creator of theCube (enterprise TV).
An IBM Futurist.
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