Mic Drop
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Intel has signed a four-year contract with crypto-mining startup GRIID for its "BMZ2" mining ASICs. Intel will begin delivering the ASICs this year. The chip is designed for ultra-low-voltage and energy-efficient Bitcoin mining. Intel won't confirm nor deny if the chip will be made available to customers.
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I suspect you have to make an account on them that creates a wallet for you but I have never done it because I didn't want to create an account.... it could also be that you’re supposed to give it a wallet address to send it to ... just not sure how that is handled in most cases.
Bitcoin ATM markups are wild. Between 10-20% markup before the actual on-chain transaction fee. But it may be the only viable way for some people to get a hold of some BTC.
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the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT
Three days after announcing it was launching services in Argentina, the Lightning Network-powered app Strike is only supporting Tether’s USDT stablecoin in the country.
Argentine users have complained the app will not allow them to buy, sell or hold bitcoin as Strike users in other countries can. The company made no mention of supporting only Tether at the time of its Tuesday launch announcement.
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The company said Tuesday that Argentines will be able to make bitcoin remittance payments, receive bitcoin tips on Twitter and use Strike's peer-to-peer transaction services.
- Argentina is the first step in a 2022 Latin American expansion that will include Brazil, Colombia and "other Latin American markets," the company added in a statement. The company launched its payment app in El Salvador last March.
- Strike is currently working with merchants, consumers and individuals in Argentina, according to the statement. So far, the company has launched initial integrations and activations in the southern city of San Martin de los Andes, located in Patagonia.
- The company quadrupled its Latin American team for its Argentina start and plans to continue hiring in the region.
- "Argentina is one of the most exciting countries for building the Bitcoin economy, leveraging Bitcoin as both a superior asset and a superior payments network," Strike founder and CEO Jack Mallers said in the statement.
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If Russia starts buying BTC then watch the u.s. change their tune about not banning crypto.
It's an arms race. If the US were to ban Bitcoin in response to Russia buying, it would be like banning nukes because your rival has some.
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There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers," Fidelity analysts Chris Kuiper and Jack Neureuter wrote in a note, adding they "wouldn't be surprised to see other sovereign nation states acquire bitcoin in 2022 and perhaps even see a central bank make an acquisition."
...even a 1% allocation is prudent in light of game theory. the asymmetric risk vs reward is too enticing even if you are anti-bitcoin. if bitcoin fails no harm done. but if you’re wrong and bitcoin continues to be adopted by nations and institutions you’ll lose out immensely. also institutions and high networth individuals are constantly navel gazing that if one of their peers outperforms them with bitcoin they will not idly stand by. tick tock.
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"There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers," Fidelity analysts wrote. "A small cost can be paid today as a hedge compared to a potentially much larger cost years in the future," they added.
https://www.fidelitydigitalassets.com/articles/2021-trends-impact
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Stat: Charli D’Amelio raked in $17.5 million in 2021, making her the highest-earning dancing TikToker last year, according to Forbes.
But it’s probably time to call her a “business genius” instead: D’Amelio’s compensation was more than the CEOs of Exxon Mobil, Starbucks, Delta, and McDonald’s, per the WSJ.
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They plan to offer Bitcoin on all of their devices.
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Rio de Janeiro’s Mayor Eduardo Paes presented his plans at Rio Innovation Week as he discussed the subject in a lecture with the bitcoin-loving mayor of Miami – Francis Suarez.
“We are going to launch Crypto Rio and invest 1% of the Treasury in bitcoin,” Paes said.
The 52-year-old member of Brazil’s Social Democratic Party praised Suarez’s efforts to transform Miami into a cryptocurrency hub. The latter previously said he is open to exploring the idea of putting 1% of his city’s Treasury reserves in bitcoin.
While Miami has positioned itself as the cryptocurrency center of the USA, Rio aims to become the South American hub for the digital asset industry, Paes asserted:
“Rio de Janeiro has everything it takes to become the tech capital of South America. Events like the Rio Innovation Week come to strengthen the city’s image as the perfect place to work, live, and innovate.”
The possible bitcoin adoption is considered a massive step for the development of the primary cryptocurrency since Rio de Janeiro is the financial heart of Brazil. Its economy is also one of the largest in the Latin American region and among the fastest-growing globally.
https://cryptopotato.com/rio-de-janeiros-mayor-to-invest-1-of-the-citys-treasury-in-bitcoin/
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Eye opening documentary on the next chapter in NYC's real estate world.
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It only took 2 years to find out Fauci was behind the funding of the virus....
check out these damning details: https://www.zerohedge.com/covid-19/hidden-military-documents-reveal-nih-intent-create-sars-cov-2-using-gain-function-research
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The 'Doomsday Clock' Is VERY Close To Midnight!
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