We asked for it for years and got all excited about institutional investing. I've been against it as I see them simply taking over and holding a majority stake with the wealth they have accumulated. It's kind of a punch in the gut to all of crypto and what it was meant to represent in my opinion.
Needless to say it's still going to happen so let's dive into some coming soon "features" to crypto.
Facebook is working on a QR version of payment processors for crypto. Most likely this till be tapping into one of the stable coins again such as USDT. It will be similar to Venmo's QR codes. I guess when your grand plan of LIBRA fails you go to this?
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Grayscale has recently added chainlink or (LINK) to it's portfolio. It also has filed with Delaware corporate registry in the US for a Ethereum based second layer blockchain. But more importantly Grayscale is looking into converting from a TRUST to a ETF.
Is it just me or does the only thing bitcoin cash have going for it is attacking everyone and trying to sue them in order to try and fund their crap coin the only option they have to hit headlines and get funds? Seems like it to me. Godaddy listed bitcoin.com as for sale and so our wonderful Mr. Ver lashes out and want's to sue them for spreading "fake news" lol come on my guy.
NBA's Sacramento Kings basketball is offering players, coaches staff and backroom employees the option to receive their payments in BTC. I'll be honest with you I'd still take the FIAT and covert what I want of my paycheck into BTC or another coin. That's just a personal preference as I don't feel BTC is stable enough yet and has a very real possibility of doing a hard crash at some point.
I'm honestly not a fan of these so called crypto dividend paying places. I don't believe in letting go of your keys and crypto in order to earn what really is a very small percent on your assets. I understand wanting to grow your assets but you need to be seriously aware you are giving a unregulated company your assets. In any case NEXO is now in a class action lawsuit for removing XRP as collateral without warning back in December.
If you enjoy these day break details let me know in the comments. Each day as I scour the web for news in crypto land I write them down and though it might be a cool idea to do a end of day snippet of things going on. Most of these don't need a full article in themselves so I wanted to test this out.
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You know anything that’s going to edemucate me, I m all for @bitcoinflood - this format periodically is welcome snapshot especially for a layman like me.
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Yeah I like snapshots myself and deeper dives into the bigger more detailed things. Snapshots help me gain a better understand of crypto as a whole and kind of make educated guesses as to what ones will move and in what way.
I didn't realize Facebook moved to a new QR version for crypto payments. I also agree with you and I wonder what exactly happened to Libra. I remember a bunch of people talking about it when it first came out then it just disappeared into oblivion.
Lol about Bitcoin cash and "fake news".
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I caught wind of some LIBRA 2.0 which is a dumbed down version of the original but I have a feeling they wont bother honestly. I feel like Facebook has been losing a lot of skin in the game.
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That seems interesting but yea I don't think it will succeed. Yea I feel like Facebook hasn't really been coming out with anything new recently. Despite this and the massive leak, their stock price pumped. I don't think I will be touching it since the QQQ looks bullish though.
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Thanks @bitcoinflood for the news. Some of the crazy and cool things happening in the Crypto space. These big corps due to their size and bureaucratic structure, don't give freedom for innovation outside their scope. That's where they must die. 😁
Keep "Today in Crypto" posts coming. Cheers!
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It does worry me a bit about mega corps jumping in and buying it up. Those of course with a lot of crypto at the start are profiting nicely but that's only a few. We will see though it's going to be an interesting year and I feel like adoption full scale is possible this year compared to 2107.
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I agree with you @bitcoinflood. Major payment providers are doing crypto expansion in all of their services, adoption is imminent this year.
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Good article colleague. Cryptos are slowly being adopted worldwide, the optimism in cryptos and Bitcoin is gigantic. Analysts and big investors agree that BTC this year will reach $100K minimum, others say it will reach $300K. They have practically decreed this for BTC and this is probably what we will see, as well as a growth of alts this year dragged upwards by BTC. Let's see what happens at the end of the year, but cryptos are getting deeper and deeper into the world.
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I don't see those levels happening soon. If they get to those levels you can be sure that governments will start stepping in and really putting control on things.
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And according to Yahoo Finance:
MicroStrategy Buys $15M More of Bitcoin
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Not again. Seriously 😳 Looks like they want to beat Satoshi.
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Nope, I'm fully with you on that.
Honestly, I'm a bit amazed just how aggressive these guys are. It's the same on noise.cash - just posting "BCH is the real Bitcoin!" will get you dozens of tips. In reality, BCH is one of these coins nobody really needs. It doesn't have the market cap the old tokens have and it's not nearly as innovative as the new ones. To tell the truth, I'm just converting all BCH I earn on noise.cash and never look back...
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