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cover of episode Dubai ! Crypto & Coffee at 8: 06th June 💡Is Bitcoin Modernizing or Americanizing?

Dubai ! Crypto & Coffee at 8: 06th June 💡Is Bitcoin Modernizing or Americanizing?

2022/6/6
logo of podcast Blockchain DXB

Blockchain DXB

Shownotes Transcript

06th June 💡Is Bitcoin Modernizing or Americanizing?

đŸ’„Bitcoin price predictions are 100% right, 50% of the time. Maybe it’s time to revisit a brilliant article written back in 2002 by Yoichi Shimemura called “Globalization vs. Americanization” & compare it with Bitcoin as Bitcoin has become the most important economic, political, & cultural phenomenon of our time. Article here https://bit.ly/3GZBSI4 With Deglobalization set as the next agenda where & how does Bitcoin fit in the New World Order? Treasury Secretary Janet Yellen of U.S. Department of the Treasury admitted last week that she had failed to anticipate how long high inflation would continue. She told CNN’s Wolf Blitzer on “The Situation Room” Article here https://cnn.it/3PZInhX

🙄#Bitcoinfixesthis is a narrative pushed by Bitcoin Maximalists without giving any concrete reasoning & explanation. The only explanation is Bitcoins supply is fixed! Where does Bitcoin fit in with Inflation, Deglobalization & New World Order? Currently, bitcoin is on track to record 10 consecutive weeks of losses for the first time! Demand vs Supply (Fixed) + Game Theory + Human Greed = Price Volatility.

CoinDesk published an article “Bitcoin Might, in Fact, Be the Great ‘Equalizer’ https://bit.ly/3tgIY56 that takes into consideration a global survey by BLOCK. Quite a misleading report for instance it states Nigeria finds it more appealing to use Bitcoin, while this may seem true but basic common sense will tell us average citizen in Nigeria cannot afford to buy or send funds using Bitcoin Report here https://bit.ly/3x7sVYw The report is written with a woke mentality and mentioned the gender gap is more pronounced in America but less male-dominated when looking at the rest of the world.

Meanwhile all crypto price influencers via YouTube, Instagram TikTok are preaching two things 😆

đŸ‘ŽđŸ» #BTC price is Low = Buy Bitcoin now it’s on Discount đŸ‘đŸ» #BTC price if High- = Buy Bitcoin now it’s only going to go higher

🚹24-hour volume of stable coins is $38.01B (Side no 2 below)

Is 2022 the year of Binance? It announced it is the Official Sponsor of The Weeknd’s Global Concert Tour. The Weeknd’s ‘After Hours Til Dawn’ tour will be the first concert to introduce web 3.0 technology, The sponsorship was possible after a collaboration inked with HXOUSE official info via blog here https://bit.ly/3tgWOVn

Yuga Labs’ Bored Ape Yacht Club, OtherSide Discord group has been breached for over 145 ETH. As per Cointelegraph the attack was conducted by hacking into the Discord account of Boris Vagner. The article here https://bit.ly/3zn4lWi has more info. Now since Block+Chain Technology is Immutable what happens to the NFTs stolen? Is Code Law?

Two UAE news ( Check slides) Both great use cases for Crypto

  • Dubai charity Al Jalila Foundation to accept donations in cryptocurrency
  • Dubai’s Binghatti Developers to sell property against Bitcoin, Ethereum Muhammad BinGhatti

For slides click here: https://bit.ly/3NSCtxk

Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6