08th June
🔴🔵Bitcoin: Right Wing/ Left Wing or is Bitcoin Apolitical?
In theory, Bitcoin should be Apolitical but in reality, it is far different? Right-wing politicians & Republicans are generally in favour of Bitcoin, Opensource & Freedom. Forbes has just released an article that states Republican +Democratic Senators release Bitcoin bill that would bridge crypto& traditional finance. Info here https://bit.ly/3aBuqXd
🔴🔵Responsible Financial Innovation Act by U.S. Senators 9D) Kirsten Gillibrand & (R) Cynthia Lummis. A detailed breakdown & Section-by-Section Overview can be found here https://bit.ly/3mpyooA The idea is to redefine the U.S. government’s relationship with bitcoin and other cryptocurrencies. Bitcoin Magazine has an article here to https://bit.ly/3xrSAMR
Is this a good idea? or should let the growth & adoption of Bitcoin be organic & the governments should just leave it free. The separation of Money & the state will eventually happen. Will Bitcoin lead the way or an altcoin dominates the crypto sector in coming decades?
🚔U.S. Securities and Exchange Commission is currently investigating Binance for its 2017 Binance BNB has been down since the news broke out by Bloomberg LP. Article here https://bloom.bg/3xajA2h
🙄Reuters in perfect timing has also accused Binance of money laundering of over $2.35 billion in illicit funds & how it has become a hub for hackers, fraudsters and drug traffickers. Article here https://reut.rs/3NtGlVD
🚨Binance has fired back at Reuters’ money laundering allegations & claims it’s misleading. Mainstream media is often known to mislead the general public. Response from Binance via their blog here https://bit.ly/3NWbNM8
❓How do u think this ends SEC vs Binance & who’s side are u on?
đź’ˇNews from the East!
Coins.ph from the Philippines has partnered with Philippine Basketball Association (PBA). Coins.ph brand will be showcased at the premier tournament during the Philippine Cup. Wei Zhou, the CEO of Coins.ph has some interesting statements on this partnership & more information can be seen via Bitcoin.com in the article here https://bit.ly/3NyQbpm Back in late 2015 Philippines had one of the highest numbers of Bitcoin users. With a new President could this mean that usage of cryptocurrency & blockchain protocols see an increase in the Philippines?
Chainlink Labs seems to be the only outlier which is up by over 8% in the last 24 hours. Two reasons for the price hike ? Updates via Twitter 1) Infura is joining the Chainlink Network as a Node Operator info here https://bit.ly/3MuMShN & the 2nd news is about Chainlink staking ie Exploring the Long-Term Goals, Roadmap, and Initial Implementation. More info here https://bit.ly/3xqCkfg
Two UAE news: (Check slides)
-UAE female-founded start-up accepting Bitcoin for a public speaking masterclass
For slides click here: https://bit.ly/3QkqBGD
Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795
Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6
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