Cryptocurrency 

Tanzania’s First Female President Wants the Country to Go Crypto

Samia Suluhu Hassan, the president of Tanzania, is striving to embrace cryptocurrency with open arms. This move follows that of El Salvador adopting Bitcoin as legal tender.  No doubt the World Bank will not be happy with yet another developing nation jumping on crypto. However, when large swathes of your population is unable to take advantage of the world’s technology boom, any way of jumping in seems like a good idea. While Tanzania doesn’t want to adopt Bitcoin as currency right away, President Hassan directed the Bank of Tanzania to…

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Cryptocurrency 

The Great Bitcoin Mining Migration

3d illustration of bitcoin over circuit background with china flag Beijing told China’s cryptocurrency miners that they have to go. The People’s Republic’s recent crypto ban is not surprising considering the decentral nature of crypto. Qinhai and Xinjiang are two more provinces that added bitcoin mining to their hit list.  This follows an especially harrowing announcement on May 21 by Liu He at the 51st meeting of the State Council on Financial Stability and Development Committee. This reads like it’s straight of a George Orwell novel. The document states: Chinese…

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Cryptocurrency 

What is it and why is Kim Kardashian pumping it?

They weren’t thinking about Kim Kardashian when the official website for Ethereum described Ethereum as the “Foundation for our digital future.”  Her Instagram account to over 200 million followers received her advertisement for Ethereum Max. This made it the single biggest piece of social media crypto promotion ever in terms of absolute reach. The only one to have more influence over crypto via social media is Elon Musk.  “Are you guys into Crypto???? This is not financial advice but sharing what my friends just told me about the Ethereum…

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Cryptocurrency 

Why Elon Musk is Pushing Renewable Energy for Cryptomining

San Francisco / USA – Mar, 2020: Elon Musk, CEO of SpaceX, founder of Tesla. Famous entrepreneur. Vector portrait illustration. The ‘Dogefather’ Elon Musk  delivered his ultimatum on Sunday, essentially.  It’s pretty easy to see why. When the goal of your business is to reduce fossil fuel consumption, it’s important to take a lead. Elon Musk’s tweets about Bitcoin are the all-time best example of just how much power he holds.  There are many things we can admire Elon Musk for, and chief among them is this move. Regardless of…

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Cryptocurrency 

Biden Eyes Taxing Crypto, Thailand Clamps Down

The first half of this year saw massive rallies in crypto, and big regulatory moves in response.  Key Points: Biden Administration to require banks/exchanges/blockchain/crypto/defi companies to report Crypto transactions over $10,000 to the IRS. Thailand SEC Cracks Down: Effective June 11, 2021, Meme Tokens (Such as Doge), Fan Tokens, NFTs and Exchange Tokens cannot be traded in Thailand. Regulation fears one reason for the recent crypto dip. Some worry more regulation will cause further declines for all cryptocurrencies. Crypto Regulation in the US Rears its Ugly…

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Cryptocurrency 

Elon to Put Dogecoin on the Moon by 2022

By 2022, Tony Sta… I mean Elon Musk says he will be putting a real physical Dogecoin on the moon.  No one ever said the man wasn’t brilliant, if not a little eccentric. His backing of the cryptocurrency that was once just a joke is not just for fun. Dogecoin holders earned 12,000% returns since January 1st of 2021. Courtesy of Coindesk It’s incredible how an “investment” that generated 12,000% over less than 5 months was started as a joke. Imagine how many Sheba Inu dogs can be adopted for…

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