Dubai: Crypto & Coffee at 8: 🚨08th Sep 🚨 🚫 A failed experiment? Bitcoin officially made a legal tender! 🙋🏼‍♂️❓ ETH Merge & Centralization🤫 + CBDC event by Blockchain DXB
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08th Aug 🚫 A failed experiment? Bitcoin was officially made a legal tender in El Salvador a year ago.

💥Price info (See Slide no 3 for detailed info)

❗06th Sep 2021 ( A day before) Bitcoin = $52,738 Bitcoin Market Cap = $989 Global Crypto market $2.32Trillion Dollar

❗07th Sep 2021 — Legal Tender Bitcoin = $46,811 Bitcoin Market Cap = $880 Global Crypto market $2.01Trillion Dollar Tether.to USDT was $167B

❗08th Sep2022- Today Bitcoin = $19,031 Bitcoin Market Cap = $364 Million Global Crypto market — $987 Billion

💰 Cointelegraph has reported that On Sept. 6, 2021, the Salvadoran government made their first Bitcoin purchase, buying 200 BTC at $10.36 million, or at an average price of $51,800. Article here https://bit.ly/3RLdPR6

🗣️El Salvador’s president, Nayib Bukele, has stated that Bitcoin adoption will hugely benefit the 70% of the local population that lacks access to banking services. And this move could save citizens $400 million in fees on remittances sent home from abroad every year.

🔻 A year later, just a few weeks ago Simon Dixon the OG of Bitcoin & CEO of BnkToTheFuture.com went to EL Salvador to discuss how To transform El Salvador With Bitcoin. El Salvador bitcoin recovery plan! He posted via LinkedIn that In the land of Bitcoin reform is coming currency reform, banking reform, pension reform & security reform You can watch more info about the discussion here via YouTube https://bit.ly/3AWgvVh . Info here https://bit.ly/3KVlbPJ

🙋🏼‍♂️❓ Would it have been better for El Salvadorians to just implement stable coins instead? It does solve Banking the Unbanked & remittance problems too.

🤫ETH Merge & Centralization Samson Mow claims a few node operators have the power to change, delay or even cancel the upcoming Ethereum Merge. Info via his Twitter here https://bit.ly/3RHypBP He also cited an old blog dated 01st July here https://bit.ly/3KS56KS He is clearer a big advocate for Lightning Network & rightly so. But ironic that he highlights Ethereum Centralization issues while he himself was working for Blockstream

⚡That being said Lightning Network NOT Blockchain could solve a lot of the problems and the narrative is slowly building momentum. Lightning Network does solve Scalability, Security, Decentralization & Privacy but LN is still lightning years away.

❗Money corrupts people or Money is corrupted itself ❗ 🤴🏻Even Prince Philip Hereditary Prince of Serbia and Yugoslavia is bullish on Bitcoin Cointelegraph has published a video via YouTube that clearly shows that he is a strong proponent of Bitcoin & he criticizes altcoins for being mere attempts to copy the original cryptocurrency. https://bit.ly/3RnNIzW I 100% agree with him. Great info on Pre-mining, CEO, marketing department, history of money & how war is financed & a lot more.

Two UAE news (Check slides)

• Palazzo Versace Dubai taps Binance to accept crypto payments
• Blockchain DXB event on Central Bank Digital Currency

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For slides click here:https://www.linkedin.com/posts/r-a-george-19b102104_blockchaindxb-btc-activity-6973443626676727808-W9RJ?utm_source=share&utm_medium=member_desktop

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Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795

Cardano address:addr1qxwu4h9uw4ptc6jp4zzhvckcjua7nda9u5fkvmdfrge00n3dpznq9000nxdcvklpdtw320zku7eeju483l2pg6gtw3eqp8e4q6

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