FedNow is LIVE... Will This Be the End of Bitcoin?
Ever felt the thrill of Bitcoin dangling by a $30k thread? Or seen a banking giant like the Fed step into real-time settlements? Buckle up!
We're diving into the 'blockchain-not-token' shift, the unstoppable rise of decentralized stablecoins, and Bitcoin's greener mining future. Wondering about Twitter's new ad revenue scheme? Spoiler alert: it's not all rainbows.
In this episode of Crypto Daily:
- BTC still hanging on to $30k by a thread
- FedNow is officially live, offering instant settlement to FED customers (banks)
- A move from "everyone needs their own token" to "everyone needs their own blockchain"?
- Decentralized stablecoins are growing in market adoption and dominance
- Bitcoin mining continues to become more environmentally friendly
- Twitter Ad checks have started paying out... but there's a huge catch. If only a better platform for earning ad checks existed!
Click here to watch the full Crypto Daily Episode!
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Mmm it Is extrange product.
It's a settlement product
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Hi Khal. I am a beginner in this crypto universe but I always try to learn. I don't speak English and it bothers me a bit but I've still been trying to keep up with its content. Hug!
Nice news rundown.
I like your observation about the shift from tokens to blockchains, this gives much more control, and I that people understand the contrast between decentralized blockchains and centralized government blockchains, this knowledge will push people to the decentralized ones like BTC. The Canadian governments actions have not gone un-noticed.
I am encouraged by the news about greener Bitcoin.
Many saw that as an achilled heel, but I agree with you that the amount of energy BTC uses is very small compated to other global industries, and BTC mining is uniquely suited to supporting renewable forms of energy generation, which require steady 24 hour need, which is the opposite of what humans need, but exactly what miners need.
Plus new uses are popping up all the time like your salmon farm story, very encouraging.