Crypto world beach
The hanging art inside a new bistro on Clearwater Beach depicts rocket ships, bitcoin symbols, quotes from Elon Musk and Jeff Bezos and colorful illustrations of the dog meme from dogecoin. The unique decor has a purpose, said Ricardo Varona. The restaurant on the ground level of the Residence Inn by Marriott hotel at Coronado Drive had its grand opening earlier this month. It occupies a space formerly held by Cousins Maine Lobster.
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Content:
- Bitcoin pyramid schemes wreak havoc on Brazil’s ‘New Egypt’
- Art and crypto: a marriage made in Miami
- For the crypto world, bipartisan infrastructure package brings a 'political awakening'
- Is blockchain the future of art? Four experts weigh in
- Powerful for developers. Fast for everyone.
- IMF urges El Salvador to ditch Bitcoin as more countries clamp down
- ERAU Cryptocurrency Club
- IMF urges El Salvador to scale back its push for Bitcoin as legal tender
- Explained: In legalisation of Bitcoin in El Salvador, the takeaways for India
- El Salvador becomes 1st nation to adopt Bitcoin as legal tender
Bitcoin pyramid schemes wreak havoc on Brazil’s ‘New Egypt’
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Art and crypto: a marriage made in Miami
Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs. Choose your reason below and click on the Report button. This will alert our moderators to take action. Nifty 17, Union Bank India Market Watch.
For the crypto world, bipartisan infrastructure package brings a 'political awakening'
The move is being seen as a doubling down on his bet to harness the cryptocurrency to fuel investment in the Central American country. Speaking at an event closing a week-long promotion of Bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for value-added tax VAT. Half of the VAT levied would be used to fund the bonds issued to build the city, and the other half would pay for services such as garbage collection, Bukele said, estimating the public infrastructure would cost around , Bitcoins. El Salvador in September became the first country in the world to adopt Bitcoin as legal tender. Although Bukele is a popular president, opinion polls show Salvadorans are skeptical about his love of Bitcoin, and its bumpy introduction has fuelled protests against the government. Likening his plan to cities founded by Alexander the Great, Bukele said Bitcoin City would be circular, with an airport, residential and commercial areas, and feature a central plaza designed to look like a Bitcoin symbol from the air. El Salvador planned to issue the initial bonds in , Bukele said, suggesting it would be in 60 days time. After a five-year lock-up, El Salvador would start selling some of the Bitcoin used to fund the bond to give investors an "additional coupon," Mow said, positing that the value of the cryptocurrency would continue to rise robustly. The bond would be issued on the "liquid network," a Bitcoin sidechain network.
Is blockchain the future of art? Four experts weigh in
Curious tourists poured into the town and foreign businesses set up shop. The Bitcoin law, which came into force on Sept. Salvadoran President Nayib Bukele claims 2. Crypto has achieved its highest penetration mostly in countries where banking systems are costly and complicated to use, or where local economies and currencies are unstable.
Powerful for developers. Fast for everyone.
Many businesses in the popular vacation site adopted bitcoin three years ago, after an anonymous donation of the digital currency kickstarted the Bitcoin Beach project. Nowadays, everyone from Canadian tourists to local construction workers conduct transactions or receive salaries in bitcoin, a dynamic that President Nayib Bukele has hailed in his push to adopt the cryptocurrency nationwide. Canadian tourist Simon, who declined to give his last name, agreed. Beyond the tourism-dependent economy of El Zonte, proponents of bitcoin's adoption say it will help Salvadorans save hundreds of million a year on commissions for remittances, while giving access to financial services to those with no bank account. But critics of bitcoin's adoption say the move may fuel money laundering and financial instability, and that the poorest may struggle to access the technology needed to make bitcoin work in El Salvador, where nearly half the population has no internet and many more only have sporadic access.
IMF urges El Salvador to ditch Bitcoin as more countries clamp down
What is the American Crypto Summit? Should you subscribe to the Palm Beach Letter? Keep reading to discover everything you need to know about the webinar and what to expect. Throughout the webinar, Teeka discloses the names of several cryptocurrencies he believes will rise in the near future. The summit features John Burke the host and Teeka Tiwari the interviewee. Anyone can view the webinar online for free. Or, you can read a transcript summarizing the main points of the event.
ERAU Cryptocurrency Club
In March , crypto entrepreneur and investor David Johnston moved his parents, wife, three daughters, and company with him to Puerto Rico. The year-old, who has been involved in the crypto ecosystem since , says the decision to relocate from Austin was kind of a no-brainer. Beyond the fact that Puerto Rico offers a year-round tropical backdrop with picturesque beaches, the U.
IMF urges El Salvador to scale back its push for Bitcoin as legal tender
RELATED VIDEO: Teeka Tiwari: The Most Explosive Event in Crypto HistoryThe brother of Dave Kleiman, who died in , alleges that the late computer scientist collaborated with Wright on the early development of bitcoin and that the estate is entitled to half the value of a cache of as many as 1. Whether that stash can still be recovered is by no means guaranteed. Craig Wright claims to have invented Bitcoin. Credit: BBC News.
Explained: In legalisation of Bitcoin in El Salvador, the takeaways for India
Yet for one small Salvadoran beach town, crypto is already part of daily life. Bukele, who was elected in from the centre-right Grand Alliance for National Unity party, has since festooned his Twitter account in crypto branding. This is going to evolve fast! But not everyone is celebrating. Bukele has also been moving closer to China. Wild swings in the value of Bitcoin could make a real difference on that scale.
El Salvador becomes 1st nation to adopt Bitcoin as legal tender
Mike Peterson was a California surfer whose search for the perfect wave led him to this sleepy beach town in El Salvador. There was just one condition: It would be paid in bitcoin — and distributed directly to residents of El Zonte with the aim of kickstarting a local bitcoin economy. Two years later, El Zonte is known as Bitcoin Beach — one of the only places on the planet where people can use a cryptocurrency for routine transactions such as buying groceries or paying the electric bill — and bitcoin fever has swept the nation.
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