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Showing posts with the label bitcoin community

German Parliament member ’staunch opponent' of digital Euro, all in on Bitcoin

EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin. The European Union has been actively preparing for what it envisions as the future of money. Over the last year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets regulation (MiCA), which is due to take effect in 2024, after closing its second consultation in October.  It has also made progress in its plan to introduce a central bank digital currency (CBDC), which is coming to fruition as the “ digital euro.” The Bank of the Netherlands has described it simply as an “electronic form of public money - the coins and notes in our wallets.” Many local regulators are embracing the digital euro and touting its potential benefits, though not everyone is on board. A recent survey out of Spain revealed that as much as 65% of Spaniards are not interested in using the digital euro. Slo...

Gangsters, cats and Bitcoin: 9-year-old Henry takes BTC to the classroom

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A young Andreas Antonopolous in the making, a nine-year-old in the United Kingdom, tried to orange pill his classroom. A nine -year- old boy's efforts show that Bitcoin (BTC) is for everyone and Bitcoin Education is for all ages. Henry, who lives in the U.K., gave a talk on Bitcoin to his classmates in an engaging and funny presentation. Cointelegraph spoke to Henry’s mother, an author and Bitcoin advocate who goes by Decentrasuze on social media, to find out more. My son orange pilling Year 5! Teacher feedback: ‘It was very informative, engaging and he really knew his subject knowledge well.’#Bitcoin  #Education #Environment pic.twitter.com/EVfWEejfVE — Decentra Suze (@DecentraSuze) January 31, 2023 Decentrasuze, or simply Susie, explained that Henry gave the talk to his class mates to help them learn about a subject that he finds fascinating, probably because his Mum and Dad are infatuated with Bitcoin: “Henry is surrounded by Bitcoin. His father and I talk about it all the t...

Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction

Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency. As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC), sparking various discussions over the viability of BTC as a national currency.  On Jan. 22, the two South American countries announced they starting to prepare to create a common currency that would run parallel with the Argentine peso and Brazilian real. The move could potentially create the second-largest currency bloc. As the news broke, Armstrong took to Twitter to suggest that BTC would be the “right long-term bet” and wonder if the two countries would consider it. Global Macro Investor founder and CEO Raoul Pal opposed the idea. According to Pal, having a national currency that “declines 65% in the down part of the business cycle and rises 10x in the up cycl...