Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows Yougov America Inc. conducted a survey Thursday to ascertain whether consumers are for or against adopting bitcoin as legal tender in the U.S. A total of 4,912 adults in the country participated in the survey. Yougov is an international research data and analytics group headquartered in London. Survey respondents were asked: “Would you support or oppose the U.S. making bitcoin a legal form of currency? This would mean that businesses would accept bitcoin in exchange for goods… [Read More...]
Esports Leader & BSC Utility Token Nobility Announces Rostik Rusev for Advisory Board
console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);Press Release: esports company & BSC Utility token Nobility has announced the appointment of Rostik Rusev on its board of advisors as the company gears up for launch. September 10th, 2021, Florida, USA — Nobility (NBL) is a revolutionary new BSC utility token focused on disrupting the esports industry with its unique smart contract capabilities. The project has just announced DeFi enthusiast, crypto entrepreneur, and blockchain business leader, Rostik Rusev as an advisor on its board. Crypto Magician in the Shadows Nobility is proud to announce the appointment of the ‘Crypto Magician in the shadows’ to its advisory board. Rostik Rusev is highly revered in the crypto space and will … [Read More...]
MasterCard acquires crypto intelligence firm CipherTrace
MasterCard has continued expanding its presence in the cryptocurrency sector, with the latest reports detailing it has completed the acquisition of CipherTrace Yesterday, MasterCard disclosed that it had reached an agreement to acquire crypto tracing firm CipherTrace. The financial services giant plans to adopt CipherTrace’s services into its platform to improve cybersecurity around its digital […] [Read More...]
El Salvador endures bumpy first week with bitcoin as legal tender
Bankers and crypto-enthusiasts watch on as central American nation embarks on monetary experiment [Read More...]
Trading Bitcoin Is Comparable To Trading Stamps. Collapse Looming, Says Sweden Central Bank Governor
Bitcoin, and cryptocurrencies in general, has been a controversial topic for a long time. There are many words for what cryptocurrencies pretend to be but are not: decentralized, safe, fair, valuable, stable, a currency, honest, a solution, the future. Much like many other central bankers, Sweden’s Central Bank governor is very skeptical about Bitcoin trading. The Sveriges Riksbank Governor’s Take On Bitcoin According to a Bloomberg article, the governor of Sveriges Riksbank, the central bank of Sweden, questioned the staying power of currencies without government backing. He compared buying and selling Bitcoins to trading stamps. Speaking at a banking conference in Stockholm, Sveriges Riksbank governor Stefan Ingves argued, “Private money usually collapses sooner or later,”. Further remarking, he said, “And sure, you can get rich … [Read More...]
Daily Discussion, September 11, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
Sotheby’s Sells Rare Diamond for $12.3M in Crypto
The auction house said “a milestone was reached in the adoption of cryptocurrencies.” [Read More...]
Retail Investors Will Drive A $1 Million Bitcoin Price
It’s time for retail investors to get out of their comfort zone, and spread the good word of bitcoin.To HODL bitcoin is to love bitcoin. And love, being the primary experience which we were set upon this earth for, should be spread like pollen in the wind. If you truly love the people around you, you need to be educating them about bitcoin. Every single time a negative event occurs that is a direct result of the fiat standard that we live in, they must be reminded of this. Knowledge is power, and in a society with a crumbling monetary system, power is key to maintaining stability for your loved ones. A major benefit of bitcoin is its ability to show its merits through reward, thus … [Read More...]
Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7, when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey… [Read More...]
Guardian Link Announces Partnership with BeyondLife.Club, Launching Amitabh Bachchan’s First-ever NFT Collection
console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);Press Release: No-code NFT platform Guradianlink.io announces its strategic partnership with Beyondlife.Club, an exclusive platform for artists, brands, and celebrities from different fields of entertainment. 3 September 2021, Singapore — Influential Indian actor, producer, and TV host Amitabh Bachchan is all set to launch his first set of NFTs with BeyondLife.Club, powered by Guardian Link. The blockchain R&D company will partner with the exclusive brand platform BeyondLife.Club, owned by Rhiti Entertainment, Singapore to make the purchase of NFT art belonging to Amitabh’s legacy a reality for any individual. Taking NFT Art Global This sphere creates a platform for global artists, athletes, and celebrities where they … [Read More...]
Solana ($SOL) Price Eyes $200 Amid 5X Monthly Growth and Increased NFT Hype
Solana ($SOL), the seventh-largest cryptocurrency by market seems to be in hurry to stall its current bullish momentum. The altcoin posted a new all-time-high (ATH) earlier today of $150.4 and is up 70% over the past week. The market cap of $SOL grew over $42 billion helping it replace Dogecoin ($DOGE) to take the seventh […] [Read More...]
Cryptocurrencies: developing countries provide fertile ground
Sometimes dismissed as a fad in advanced economies, crypto holds more appeal in countries with a history of financial instability [Read More...]
Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss
The Chairman of the Securities and Exchange Commission (SEC) has called for the crypto space to work with regulators. The Financial Times reported that Chairman Gary Gensler had asked Congress to empower his agency so they will be better able to govern the market. It is still not clear yet which agency has oversight of the cryptocurrency industry, as regulators mainly classify bitcoin as more of a commodity than it is a security. Related Reading | Deloitte Survey Shows 76% Of Finance Execs Think Physical Money Is Nearing Its End It is estimated that less than 10% of the world currently knows about crypto. But nevertheless, it is still a large enough number that has prompted regulators to start looking into ways of properly regulating these digital … [Read More...]
Daily Discussion, September 04, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
S&P Crypto Index Has 243 Coins. DOGE Is Not One of Them
The index company’s Broad Digital Market tracker dives deep – very deep – into the digital asset universe, CoinDesk found. [Read More...]
Bitcoin’s Price Rises Rapidly Due to Absolute Scarcity
The fundamental structure of bitcoin quite literally ensures that bitcoin’s price will go up.Let’s talk about scarcity: what it is, and how it relates to the dollar, gold and bitcoin. First let’s start by defining it. Scarcity is the gap between the limited supply of various resources and the limitless want of humans. The principle of scarcity is a core concept in the study of economics. Thomas Sowell, an economist at the Hoover Institute, defines economics as such: “The study of the allocation of scarce resources with alternative uses.” There Are Two Different Types Of Scarcity: Relative Scarcity And Absolute Scarcity First we’re going to talk about relative scarcity, and we’re going to use gold, a relatively scarce good, to illustrate it. If there is … [Read More...]
Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021
The post Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021 appeared first on 99 Bitcoins. ? MicroStrategy buys more bitcoin, Cuba recognizes cryptocurrencies and free BTC for everybody in town…but … Cuba Recognizes Cryptocurrencies | This Week in Crypto – Aug 30, 2021 Read More » [Read More...]
3 ways traders use Bitcoin futures to generate profit
Most traders think futures contracts are only used to place ultra risky high leverage bets, but the instruments actually have a variety of uses. Leverage, Binance, Futures, Trading, FTX, Liquidation, cold walletRead More [Read More...]
Former Mastercard International President Baldomero Falcones Joins Card Division For Bit2Me
console.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);Bitcoin Press Release: Former President of Mastercard International, CEO of the construction company FCC, and director of operations at Santander Baldomero Falcones will now assist in growing the Bit2Me card division. 26th August 2021, Madrid — Bit2Me continues to add talent to its project. Baldomero Falcones, a Spanish executive with a long and recognized track record of professional achievement, will become part of the cryptocurrency platform’s team as Senior Advisor. His mission will be to expand Bit2Me Card, the company’s debit card service. Baldomero Falcones Experience Among other management positions, Falcones was President of Mastercard International between 2002 and 2006, chairman of FCC, a construction company listed … [Read More...]
CDC eviction ban ended by Supreme Court: 4 questions about its impact answered by a housing law expert
The Supreme Court lifted the CDC’s eviction ban. AP Photo/Elise Amendola The Supreme Court on Aug. 26, 2021, ended the Biden administration’s ban on evictions, putting millions at risk of losing their homes. The ruling, by a divided court, said the Centers for Disease Control and Prevention exceeded its authority in continuing a moratorium on […] [Read More...]
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