Shownotes Transcript
30th Sep Elon Musk, The U.S. government should “do nothing” when it comes to regulating the crypto space!
The Ceo of Tesla ,SpaceX & Co-founder of Neuralink said while speaking at the Code21. He also told CNBC “It’s not possible to, I think to destroy crypto” https://cnb.cx/3CXUvZD. Some good points in favour of crypto shared by him details can also be found via Cointelegraph here https://bit.ly/3AY6OEO
Republicans for Bitcoin & Opensource innovation! 🟥 Francis X. Suarez The Mayor of Miami sees the crypto crackdown by the Chinese government as an opportunity for his city and the U.S. He told Bloomberg LP. Loss for China is the USA’s gain Senator Pat Toomey (R-PA) also said “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,” said Congressman Patrick Mc Henry said, “China’s decision to restrict access presents a perfect opportunity for American leadership on cryptocurrency.” Mayor at City of Cool Valley Jayson Stewart gives $1,000 in Bitcoin to every household! He told Bitcoin Magazine & news was also discussed in the oldest podcast Speaking of Bitcoin Podcast #482.
President Bukele is all in for Bitcoin! Via Twitter, he posted a video of a geothermal Bitcoin mining farm https://bit.ly/3kSkY4A. On June 9th he tweeted https://bit.ly/3kV4R68his instruction to the president of geothermal electric company LaGeo. Looks like promises made are being kept! In similar news, National Bank of Ukraine has just posted an ad via LinkedIn for Blockchain Developer. Looks like they are hiring a blockchain expert who will likely support its digital currency project. Job posted by Vladimir Nagornyuk.
Will Ethereum flip Bitcoin? In terms of Market cap definitely yes, especially with successful London Hardfork & EIP 1559. Altair upgrade on the 27th of this month & Beacon chain in the very near future. Ethereum 2.0 is on its way The supply of ETH is better managed! Sandeep Nailwal Polygon’s co-founder feels it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-1 protocol. He also believes Ethereum will eventually become “the ultimate settlement layer” for the Defi space. Great info by him here https://bit.ly/2YfVyFo. Do u think Ethereum will be 🦇🔊 ultra-sound money?
The future may be like this. -Bitcoin as Store of Value -Ethereum as Store of Value + Medium of Exchange -Stable Coins ( CBDC + Facebook DIEM) as Medium of Exchange
Bitfinex accidentally paid $22.7 million in transaction fees after sending $100,000 worth of USDT. Transaction details here via Etherscan here https://bit.ly/3m8htq9 The good thing is DeversiFi tweeted that block 13307440 miner announced it will be returning all transaction fees
UAE
- Dubai hosts MinePlex conference for the blockchain industry ( check slides)
- Dubai Economy signs agreement with DSOA, DMCC & DAFZA to participate in UAE KYC Blockchain Platform (check slides)
For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_blockchaindxb-activity-6849163235665481728-2cno
Our website: www.blockchaindxb.com
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