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ccccloud45455 · 3 months
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Upcoming Event: 24th July Bitcoin Conference Tennessee Nashville
Are you passionate about Bitcoin and looking to expand your knowledge and network within the industry? Mark your calendars for the 24th July Bitcoin Conference in Tennessee, Nashville! This conference is designed for Bitcoin investors, enthusiasts, and professionals who want to delve deeper into the world of cryptocurrency.
Why Attend?
The 24th July Bitcoin Conference promises to be a premier event, bringing together some of the brightest minds in the Bitcoin industry. Whether you're a seasoned investor or just starting your journey, this conference offers invaluable insights and opportunities to enhance your understanding and skills.
Key Highlights
1. Bitcoin Services in Nashville:
Learn about the various Bitcoin services available in Nashville. From secure wallets to reliable trading platforms, you'll discover the best resources to manage your Bitcoin investments.
2. Nashville Bitcoin Exchange:
Get an in-depth look at the Nashville Bitcoin Exchange. Understand how it works, its benefits, and how you can use it to trade Bitcoin efficiently. Experts will be on hand to provide demonstrations and answer your questions.
3. Sell Bitcoin Nashville:
Thinking about selling your Bitcoin? Learn the best strategies and platforms for selling Bitcoin in Nashville. Get tips on maximizing your returns and ensuring secure transactions.
4. Bitcoin Workshops in Nashville:
Participate in interactive workshops led by industry leaders. These workshops are designed to provide hands-on experience and practical knowledge. Topics will include Bitcoin mining, investment strategies, and advanced trading techniques.
What to Expect
Expert Speakers: Hear from renowned Bitcoin experts and thought leaders who will share their insights on the future of Bitcoin, investment strategies, and technological advancements.
Networking Opportunities: Connect with fellow Bitcoin enthusiasts, investors, and professionals. Build relationships that can help you in your Bitcoin journey.
Exhibitions: Explore exhibits showcasing the latest in Bitcoin technology, services, and innovations. Get a first-hand look at cutting-edge tools and platforms.
How to Register
Registration for the 24th July Bitcoin Conference in Tennessee, Nashville, is now open. Visit our website https://ccccloud.org/ to secure your spot. Early bird discounts are available, so don't miss out!
The End
The 24th July Bitcoin Conference in Nashville is an event not to be missed. Whether you are looking to learn more about Bitcoin services in Nashville, explore the Nashville Bitcoin Exchange, or gain practical knowledge through Bitcoin workshops, this conference has something for everyone. Join us and be a part of the Bitcoin revolution!
For more information and updates, visit https://ccccloud.org/
Contact No.: +1-307-222-8351
Read More: https://ccccloud.org/services/
Let me know if you need any changes or additional details!
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From La Stampa (translated from Italian):
“Make Finance Great Again,” Trump family makes its own cryptocurrency and allies with Silicon Valley It will be called “World Liberty Financial,” will have tech investors and real estate developers from Chase Herro and Zak Folkman to Steve Witkoff inside. Sons Eric and Donald Jr. will coordinate. And his backer Tyler Winklevoss jokes, “Donald has been orange-pilled, indoctrinated.” Jacopo Iacoboni Sept. 17, 2024 Updated 11:00 a.m. 3 minutes of reading
They want to do a kind of “make finance great again,” along the lines of MAGA, the election slogan and the Make America Great Again campaign. Donald Trump's sons, Don Jr. and Eric, of course with their father's imprimatur, are about to launch a new cryptocurrency platform that will be called “World Liberty Financial,” and will allow users to make even massive transactions without a bank getting in the way and extracting fees (and with a very low level of tax tracking, it should be added). A couple of concepts familiar to bitcoin fans, for example, but which the Trump family now has ambitions to decline on a large scale. It is not certain that this marriage between Trumpism and decentralized finance, DeFi, is a harbinger of only positive developments. The board of “World Liberty Financial” will also consist of former crypto investors such as Chase Herro and Zak Folkman, and Steve Witkoff, a real estate developer and old friend of Trump. But thanks to documents filed with the U.S. Federal Election Commission that we have been able to read we know that in general the entire Trump campaign - Make America Great Again Inc. - received money not only from Musk, but cryptocurrency from billionaire twins Cameron and Tyler Winklevoss, who lead the cryptocurrency company Gemini: about $3.5 million in Bitcoin on July 19, the day after Trump's speech at the Milwaukee convention. The Winkelvosses also poured in money to America PAC, the tech investor-backed group that Musk helped launch in 2024 (Trump had bragged that Musk was giving him $45 million a month; Musk said his contribution is “at a much lower level”). Another co-founder of a cryptocurrency exchange, Jesse Powell, boss of Kraken, and venture capitalists Marc Andreessen and Ben Horowitz (who created a16z) who have invested billions of dollars in cryptocurrency startups, have also made endorsements and poured money into Trump. In short, for the Trump family to embark on this big cryptocurrency project is a natural consequence of the fact that these are almost becoming a Republican asset in the campaign, and the “libertarian” wing of the old Gop is now a kind of very, very rampant ideologized “cyberlibertarianism.” The real boss of the “tech bros” according to many is not Elon Musk, but Peter Thiel. Zuckerberg's longtime partner in Facebook, co-founder of PayPal, Thiel's fortune has at least doubled during the Trump presidency. Palantir-a much-discussed software company variously accused of extracting data from Americans and profiling them-has managed to get a contract from the Pentagon. Other donors to MAGA Inc include Jacob Halberg, Palantir's princely analyst, and Trish Duggan, a wealthy Scientology funder and friend of the tech bros. Trump's vice presidential candidate, J. D. Vance, traveled to Silicon Valley and the Bay Area, celebrating a dinner at the home of BitGo CEO Mike Belshe, 100 people each pouring in between $3,300 a plate and a $25,000 roundtable. Trump in 2021 called bitcoin a “fraud against the dollar.” A few weeks ago, speaking in Nashvill at the bitcoin fan conference, he promised, “The United States will become the crypto capital of the planet.” Better than his friend Putin's Russia, although this Trump did not say so explicitly. The fact is that after his speech, Tyler Winklevoss ran on X (now the realm of cyberlibertarians) and joked that Donald had been “orange-pilled,” making a Matrix analogy, had been “indoctrinated,” or had finally seen the real reality behind the appearances.
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mariacallous · 5 days
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Eric and Donald Trump Jr., the sons of former president Donald Trump, have pledged to “make finance great again” with a new family-run crypto endeavor called World Liberty Financial.
Introduced in a meandering livestream on X Monday, the Trump family and their associates described World Liberty Financial as a crypto platform that would let users conduct transactions without a bank sitting in the middle and extracting fees—a concept known as decentralized finance, or DeFi.
While short on details, Donald Trump, Jr. and Eric Trump both stressed repeatedly that World Liberty Financial’s primary goal was to make DeFi more broadly accessible. “It’s truly our job to make it understandable,” said Eric Trump during the livestream. “We have to make it intuitive, we have to make it user-friendly, and we will.”
Former President Donald Trump joined the call as well, stressing his pro-crypto stance. “I do believe in it,” said Trump of cryptocurrency generally. “It has a chance to really be something special.”
The Trumps aren’t alone in leading World Liberty Financial. They’re joined by crypto veterans Chase Herro and Zak Folkman, as well as Steve Witkoff, a real estate investor and friend of Donald Trump’s. In addition to the platform itself, World Liberty Financial will come with a governance token, WLFI, which will provide owners the right to vote “on matters of the platform.” Approximately 63 percent of the tokens will be sold to the public; 17 percent are set aside for user rewards, and 20 percent will be reserved for World Liberty Financial team compensation.
The Trump brothers had teased the new endeavor repeatedly in the weeks leading up to the announcement. In an X post on August 6, Eric wrote that he had “truly fallen in love with crypto/DeFi.” The following day, in another post, Donald Jr. said he was “about to shake up the crypto world” and warned his followers not to “get left behind.” On August 22, in a somewhat cryptic post on Truth Social, the former president himself promoted the project: “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand—together,” wrote Trump.
World Liberty Financial marks the latest development in Trump’s bid to court the crypto industry, members of which are broadly supportive of his reelection campaign.
Some high-profile crypto figureheads have thrown millions of dollars at the Trump campaign, in the hope of ousting the Democrat administration under which financial regulators have cracked down on crypto. Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, each donated $1 million to Trump, as did Jesse Powell, cofounder of another exchange, Kraken. Venture capitalists Marc Andreessen and Ben Horowitz, founders of a16z, which has invested billions of dollars in crypto startups, have also publicly endorsed Trump.
“The degree to which crypto executives are getting involved in politics is a marked shift from previous elections. It’s inarguable, the degree of politicization that has happened in the industry,” says Molly White, author of crypto-skeptic newsletter Citation Needed and creator of Follow The Crypto, a project that traces the impact of crypto industry donations on the upcoming US election. “There has been a concerted effort to present [crypto] as an election issue and convince politicians they need to take a stance on it, or lose out on voters.”
As it turned out, Trump was readily convinced: Despite having previously dismissed bitcoin as a “scam,” Trump has recently taken to pitching himself as the crypto president. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump promised to turn the US into the “crypto capital of the planet” and establish a national “bitcoin stockpile” if reelected. In a post on X after the speech, Tyler Winklevoss celebrated the former president having been “orange-pilled”—crypto lingo meaning “indoctrinated.”
Initially, when Eric and Donald Jr. first began to hint at the World Liberty Financial project, there was speculation they were gearing up to launch an official Trump crypto token.
In the last year, tens of Trump-inspired memecoins have come to market, becoming something of a bellwether for the upcoming election, fluctuating in price along with changes in Trump’s political fortunes. One such token, DJT, issued in early June, surged in price amid rumors that it originated with the Trump family. In a broadcast on X, Martin Shkreli, of “pharma bro” fame, claimed to have created the token in partnership with Barron Trump, the former president’s 18-year-old son. On August 6, the price of DJT sank by 90 percent after large quantities were sold off by an anonymous token holder. “Wasn’t me!” said Shkreli, in an email to WIRED, when asked whether he knew who was responsible for the sell-off. The price of DJT was $0.0002441 per coin on Monday.
The press office for the Trump campaign did not respond to questions about Barron’s alleged involvement with the DJT token. In a post on X in the leadup to announcing World Liberty Financial, Donald Jr. warned followers to “beware of fake tokens claiming to be part of the Trump project.”
World Liberty Financial will face steep competition in a DeFi market already crowded with similar services, among them Aave, Compound, Venus Protocol, and others. “DeFi is pretty mature, especially on the over-collateralized side,” says Zach Hamilton, founder of crypto startup Sarcophagus and venture partner at VC firm Venture51.
But the Trumps need not necessarily do anything novel, if they can capitalize on their mammoth public platform to peddle the new venture. “[World Liberty Financial] is launching with the most free marketing that any crypto company could ever get,” says Hamilton. “Trump is the king of living rent free in people’s minds.”
Incumbents in the DeFi industry are cautiously optimistic about the prospect of the Trump family’s arrival; at once glad of the publicity and wary of the reputational damage World Liberty Financial could cause if it were to fall on its face, or if a technical snafu were to result in financial losses.
“I welcome any effort to bring DeFi into the mainstream,” says Brad Harrison, CEO of Venus Protocol. “But like the autopilot in a Tesla, DeFi may give the appearance of something that’s simple, but the inner workings are complex. Without a solid grasp of its nuances in the hands of seasoned technologists and financial engineers, a new platform risks being more of a branding exercise than a substantive and safe contribution to the space.”
Irrespective of the risk in placing trust in a crypto platform yet to be battle tested, industry enthusiasts are likely to patronize World Liberty Financial if only to signal support for Trump’s political endeavors. “We are definitely dealing with crypto as a right-wing Republican commodity now,” says Jacob Silverman, coauthor of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. “The industry is so aligned with the Republican party and they are the biggest donors of any industry this cycle.”
In the spirit of various British politicians who have retired into crypto positions, World Liberty Financial could represent an attempt by Trump to hedge against a loss in the upcoming election—to set up for himself a fallback gig.
“Maybe the raucous reception at the crypto conference in Nashville has given him an impression this is the world he wants to be in, because they love him and he can make money,” says Silverman. “For all his faults, he does understand the crowd.”
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unpluggedfinancial · 2 months
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Major Crypto Events This Week: Impact on Bitcoin and Ethereum Prices
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In a week filled with significant developments, the crypto market is abuzz with anticipation and excitement. With former President Donald Trump and Vice President Kamala Harris set to speak at the BTC Nashville convention and a massive $1 billion inflow into the Ethereum ETF, the potential impact on Bitcoin, Ethereum, and the broader cryptocurrency market cannot be overstated. Let’s delve into these events and explore their potential ramifications.
Anticipating Trump and Kamala Harris at BTC Nashville Convention
Background
The BTC Nashville convention is a major event in the cryptocurrency community, drawing attention from investors, policymakers, and enthusiasts worldwide. This year, the convention is set to be particularly noteworthy, with high-profile speakers such as former President Donald Trump and Vice President Kamala Harris scheduled to address the attendees.
Potential Content of Trump’s Speech
Given Trump’s influential status, his speech at the BTC Nashville convention could be a game-changer. Speculation is rife about what he might discuss. Could he be hinting at a pro-crypto stance, potentially advocating for the inclusion of Bitcoin in the U.S. Treasury reserves? Such a move would likely send shockwaves through the market, boosting investor confidence and driving up prices.
Potential Content of Kamala Harris’s Speech
Vice President Kamala Harris’s speech is equally anticipated. As a key figure in the current administration, her views on cryptocurrency regulation and policy could shape the future landscape of the market. If Harris signals a supportive regulatory framework, this could pave the way for greater institutional adoption and integration of cryptocurrencies.
Possible Market Impact
The speeches by Trump and Harris could significantly influence market sentiment. A supportive stance from both could lead to a bullish trend, driving up the prices of Bitcoin and other cryptocurrencies. Conversely, a critical or cautious approach could introduce volatility and uncertainty. Investors will be closely watching for any hints of policy changes or endorsements that could impact their portfolios.
$1 Billion Trading Volume Ethereum ETF
Overview
The Ethereum ETF represents a major step forward for institutional investment in cryptocurrencies. An ETF, or Exchange-Traded Fund, allows investors to gain exposure to Ethereum without directly purchasing the cryptocurrency. This provides a more accessible and regulated way for large investors to enter the market.
Details of the Inflow
Yesterday, the Ethereum ETF saw a staggering $1 billion in volume traded, marking a significant milestone. This influx of capital indicates strong institutional interest and confidence in Ethereum’s future. Notable investors, possibly including hedge funds and large financial institutions, are likely behind this substantial investment.
Market Reaction
The market reacted positively to the news of the $1 billion inflow, with Ethereum’s price experiencing a noticeable uptick. This surge in investment not only boosts Ethereum’s price but also underscores the growing acceptance and legitimacy of cryptocurrencies in mainstream finance.
Long-term Impact
In the long term, this significant investment could lead to sustained price growth for Ethereum. As more institutional investors flock to Ethereum ETFs, the increased demand could drive prices higher. Additionally, the influx of institutional capital can lead to greater stability and reduced volatility, making Ethereum a more attractive asset for a broader range of investors.
Broader Market Implications
Investor Sentiment
These events are likely to have a profound impact on investor sentiment. The potential for supportive speeches from Trump and Harris, combined with the substantial inflow into the Ethereum ETF, could bolster confidence in the market. Positive sentiment often translates into increased buying activity, driving up prices across the board.
Regulatory Outlook
The regulatory landscape is a crucial factor in the future of cryptocurrencies. If Trump and Harris signal a favorable regulatory environment, this could lead to increased adoption and integration of cryptocurrencies in traditional finance. On the other hand, hints of stringent regulations could introduce uncertainty and caution among investors.
Future Trends
Looking ahead, these events could set the stage for significant trends in the crypto market. Increased institutional investment, regulatory clarity, and mainstream acceptance are all potential outcomes. As Bitcoin and Ethereum continue to gain traction, we could see a broader shift towards digital assets as a staple in investment portfolios.
Conclusion
This week’s events hold immense potential for the cryptocurrency market. The anticipated speeches by Trump and Harris at the BTC Nashville convention and the substantial $1 billion inflow into the Ethereum ETF could shape the future trajectory of Bitcoin, Ethereum, and the broader crypto ecosystem. Investors should stay informed and consider these developments when making investment decisions, as the market could be poised for significant movements.
Call to Action
What are your thoughts on these upcoming events and their potential impact on the crypto market? Share your insights in the comments below. For more updates and in-depth analyses, subscribe to our blog and stay ahead of the curve in the ever-evolving world of cryptocurrencies.
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blockinsider · 2 months
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Bitwise Revamps Bitcoin Approach in Response to US Politicians’ Crypto Pledges
Key Points
Bitwise’s Chief Investment Officer, Matt Hougan, reconsiders Bitcoin’s potential after US politicians’ endorsement.
Significant institutional interest in Bitcoin ETFs, political acceptance, and regulatory shifts could influence Bitcoin’s growth.
Matt Hougan, Chief Investment Officer at Bitwise, has revised his outlook on Bitcoin.
This comes in the wake of several US politicians’ recent endorsement of the cryptocurrency at a conference in Nashville.
Political Promises Boosting Bitcoin
Promises made at the conference by influential figures such as Donald Trump, Wyoming Senator Cynthia Lummis, and Robert F. Kennedy Jr. have sparked this reevaluation.
Trump proposed to establish a strategic national Bitcoin reserve, Lummis announced a Bitcoin reserve bill to address the $35 trillion debt, and Kennedy Jr. committed to having the US Treasury purchase 500 Bitcoins daily until reaching 4 million.
Hougan highlighted the significant shift in political sentiment towards Bitcoin, noting that less than two years ago, Bitcoin was trading at $17,000 and faced skepticism.
Now, politicians are openly discussing the creation of a ‘Bitcoin Fort Knox’.
Regulatory Shifts and Predictions
Hougan also emphasized the shifting regulatory landscape, noting the US Department of Justice’s recent partnership with Coinbase, a year after the US Securities and Exchange Commission (SEC) sued the firm for allegedly operating as an unregistered securities exchange.
While some politicians may be capitalizing on Bitcoin’s growing popularity rather than genuinely supporting it, this political sway is seen as a crucial factor in Bitcoin’s potential rise.
Bitcoin investor Michael Saylor forecasted Bitcoin to reach $13 million by 2045, with a bullish scenario hitting $49 million. Crypto asset manager VanEck also predicted Bitcoin could reach $52 million by 2050.
Despite these bullish predictions, Bitcoin has seen a decline of over 7.80% since almost hitting $69,800 on July 29, and it remains 12.78% below its all-time high of $73,750 set on March 14.
Significant institutional interest in Bitcoin ETFs has also been noted. Since the SEC approved 11 spot Bitcoin ETFs in January 2024, they have attracted over $12.15 billion in assets.
Hougan expects institutional inflows to accelerate, potentially surpassing $5 billion by the year-end.
The increasing institutional and political acceptance of Bitcoin could pave the way for substantial growth and mainstream adoption, significantly impacting the crypto landscape.
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36crypto · 2 months
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Trump's Bold Promise at Bitcoin Conference Sparks Ripple in XRP Community
At the 2024 Bitcoin Conference held in Nashville, former President of the United States of America, Donald Trump, delivered a thundering speech in which he vowed to radically transform the existing legal framework of cryptocurrencies. Trump announced that when he returns to the White House, he will dismiss Gary Gensler, the head of the Securities and Exchange Commission (SEC), whom he accuses of…
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coineagle · 2 months
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Ethereum Breaks $3400: What’s Next as ETF Launch Date Looms?
Key Points
The SEC is finalizing drafts from potential spot Ethereum ETF issuers.
Ethereum [ETH] value is rising, and the approval of a U.S. spot Ethereum ETF is anticipated next week.
The Securities and Exchange Commission (SEC) is currently finalizing drafts from potential issuers of spot Ethereum ETFs.
The value of Ethereum (ETH) has seen an increase, reaching over $3400 recently.
Spot Ethereum ETF Update
Despite a drop below $3000 last week, Ethereum has recovered, trading 12.8% higher in the last seven days at press time.
These gains follow reports of an anticipated approval of a U.S. spot Ethereum ETF next week.
Nate Geraci, an ETF market commentator, predicts that the SEC will soon approve the resubmitted registration statements.
Bloomberg ETF analyst Eric Balchunas supports Geraci’s prediction, stating that only an unforeseen last-minute setback could delay the launch.
Market anticipation
Despite the specific approval date being unclear, market excitement has been growing since the SEC approved applicants’ forms 19b-4 in May.
In June, the SEC provided feedback on the filed S-1 forms, highlighting areas needing review.
Last week, the securities regulator requested the eight asset managers seeking approval for their spot Ethereum ETFs to submit amended S-1 registration statements.
The approval of a spot Ethereum ETF is expected to significantly impact the Ethereum market and the broader crypto industry.
The ETF offerings, which are tied to the spot price of Ether, provide investors with a new avenue to gain exposure to the altcoin through a regulated financial product.
Most market analysts predict that the Ether ETFs could attract investment flows from institutional investors, potentially replicating the inflow of spot Bitcoin ETFs observed in the first half of the year.
U.S. spot Bitcoin ETFs have drawn in $16.12 billion in inflows since their launch earlier this year.
The predicted launch date coincides with the week of the 2024 Bitcoin conference at Nashville.
The conference will feature prominent speakers, including MicroStrategy executive chairman Michael Saylor, ARK founder Cathie Wood, independent U.S. Presidential candidate Robert Kennedy Jr, and Republican U.S. presidential candidate Donald Trump.
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cryptogids · 2 months
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Bitcoin stijgt als Trump-optimisme Crypto stuwt na schietpartij
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Bitcoin beleefde de grootste stijging in bijna twee maanden na een dramatische reactie van Donald Trump op een moordaanslag, wat speculaties aanwakkert dat de herverkiezingsvooruitzichten van de pro-crypto ex-president zijn verbeterd. De uitdagende reactie van Trump geeft Bitcoin een boost Op maandag steeg de Bitcoin met wel 5% tot boven de $63.000, de grootste dagelijkse stijging sinds 20 mei. Deze piek volgde op de verklaring van Trump dat hij in zijn rechteroor was geschoten tijdens een rally in Pennsylvania op zaterdag. Het incident leidde tot wereldwijde verontwaardiging over politiek geweld en had een aanzienlijke impact op de Amerikaanse presidentiële campagne. https://twitter.com/greg16676935420/status/1812836585236304362 Weddenschap markten reageren op de kansen van Trump De gokmarkten pasten zich snel aan, waardoor de kans op een overwinning van Trump toenam. Trump, die zichzelf afschilderde als een cryptovriendelijke kandidaat om onbesliste kiezers aan te trekken, leek de stijging van de Bitcoin te beïnvloeden. Deze rally weerspiegelde de korte stijging van de Bitcoin-prijzen na het slechte debat van president Joe Biden tegen Trump eind juni. Benjamin Celermajer, Chief Investment Officer bij Magnet Capital, merkte op: "De Republikeinse partij is pro-crypto, en de toegenomen waarschijnlijkheid van een presidentschap van Trump is een positieve factor die de cryptomarkten een boost geeft." De "Trump Trade" en zijn implicaties Een cruciale vraag op de wereldwijde markten is of de "Trump-handel" momentum zal krijgen, met het argument dat zijn terugkeer naar het Witte Huis zou leiden tot belastingverlagingen, hogere tarieven en lossere regelgeving. De organisatoren van een Bitcoin-conferentie die gepland staat voor 27 juli in Nashville, Tennessee, hebben bevestigd dat Trump nog steeds het evenement zal toespreken. Marktanalist Tony Sycamore van IG Australia Pty schreef in een notitie: "Bitcoin won aan momentum nadat de moordaanslag Trumps kansen op herverkiezing versterkte." Om 9:20 uur in Londen werd Bitcoin verhandeld op $63.000. Bitcoin als bescherming tegen politieke onrust Voorstanders van Bitcoin beweren dat het dient als een opslagplaats van waarde en een afdekking tegen politieke instabiliteit, hoewel deze bewering omstreden is vanwege de inherente volatiliteit van Bitcoin. Trump's ontmoeting met Bitcoin-miners In juni ontmoette Trump Bitcoin-miners en postte later op zijn Truth Social-account dat Bitcoin-mining "onze laatste verdedigingslinie tegen een CBDC" zou kunnen zijn, verwijzend naar een digitale valuta van een centrale bank. Hij benadrukte zijn wens dat alle overgebleven Bitcoin "MADE IN THE USA!!!" zou zijn. Politieke invloed van de cryptosector De cryptosector steunt actief kandidaten die gunstig staan tegenover digitale activa, door aanzienlijke donaties aan het Fairshake politieke actiecomité. Deze inspanning maakt deel uit van een bredere strategie om een regelgevingsaanval onder leiding van de Securities and Exchange Commission tegen te gaan. De campagne van Trump accepteert donaties in digitale activa en bronnen geven aan dat Trump het cryptobeleid heeft besproken met miljardair Elon Musk. Recente prestaties van Bitcoin Bitcoin bereikte een recordhoogte van bijna $74.000 in maart, gedreven door de vraag naar speciale Amerikaanse Exchange-Traded Funds. De waarde van de token daalde later echter door een afnemende instroom, een schijnbare verkoop van in beslag genomen tokens en zorgen over de verkoop door schuldeisers van de failliete Mt. Gox-beurs. De recente rally van Bitcoin, aangewakkerd door optimisme over de pro-crypto houding van Trump, benadrukt de gevoeligheid van de cryptocurrency voor politieke gebeurtenissen en de mogelijke rol ervan in de komende presidentsverkiezingen. Interessante links Crypto-gids.nl: - Telegram kanaal. - Alle projecten - Bitcoin Mining: - Crypto/Forex - LinkTree - Satoshi bot - Hamster Kombat Airdrop Read the full article
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harinicrypto · 3 months
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Crypto Updates: Crypto Index Hits 18-Month Low; Trump to Speak at Bitcoin 2024
The cryptocurrency market is experiencing significant changes, with the Fear and Greed Index dropping to 30, its lowest in 18 months, signaling increased caution among investors. Former U.S. President Donald Trump is expected to speak at Bitcoin 2024 in Nashville, highlighting crypto's growing political attention. The German government transferred 400 BTC (~$24 million) to exchanges, sparking speculation. Kanav Kariya resigned as Jump Crypto President amid a CFTC investigation. ZKSync launched the ‘Elastic Chain,’ competing with Polygon’s AggLayer. Arbitrum proposed delegate staking rewards, while Tether ceased USDT support for EOS and Algorand. BitGet introduced pre-market trading for the Hamster Combat token. Major token unlocks in ALT and GTAI may cause market volatility.
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trylkstopocket · 2 years
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ARK’s Cathie Wood weighs in on venture capital and her plans to launch a crossover fund
Venture capitalists may be predicting trouble ahead for the private markets—but Cathie Wood has always danced to the beat of her own drum.
The chief executive of ARK Invest, the asset manager known for its bold—and risky—bets on tech and innovation, said yesterday afternoon that ARK is planning to launch a fund that will invest across both public and private markets. Right now, ARK’s funds invest solely in public equities.
“We’re going to start a crossover fund,” Wood said in an on-stage interview at the UP.Summit, a mobility conference taking place in Bentonville, Ark. this week. Wood declined to speak further about the fund because of Securities and Exchange Commission regulation, but an SEC filing from earlier this year reveals it will be a closed-end fund that will invest in public equities, early to late-stage startups, and venture capital funds, among other investments.
While ARK may be known for its ETFs, whose performance soared to remarkable heights during the pandemic, Wood isn’t new to the world of private investing. She is personally a limited partner in UP.Partners, a $230 million early-stage venture capital fund focused on mobility, whose partners are co-hosting the Summit in Bentonville.
But while it may not be an entirely new rodeo for Wood, it’s still a rather challenging time to debut a crossover fund. Hedge funds like D1 Capital Partners or Tiger Global that straddle both public and private investments have reported billions in losses this year as public tech stocks plunge, and Wood’s publicly traded funds have tumbled, with its flagship ARK Innovation ETF trading more than 50% lower than it was in January. 
With the path to an IPO largely closed for the moment, and some of the industry’s tech darlings starting to cut their valuations, asset managers like Fidelity are proactively trimming the value of their own positions and players like T. Rowe Price are rolling back their pace of deals. Some growth equity investors are turning focus to earlier-stage investments or companies most poised for profitability.
Wood made her name taking early—and sizable—bets on Tesla and, more recently, cryptocurrencies like Bitcoin. She likens ARK’s approach to the public markets to venture investing: “We are the closest thing you’ll find to venture capital funds in the public equity markets,” she says. But she’s also critical of how VCs are moving their money in the space. Wood mentioned that, at a former UP.Summit in 2018, venture capitalists repeatedly got up on stage complaining of high costs and said “oh, we would never invest in this.”
“There is a lot of capital moving into the asset-light part of the business,” Wood says, but she says that funds are still avoiding investments in companies that are spending a lot on the hardware or underlying technology. “We think that will change,” she says.
And she knows just the fund manager with the guts to do it. 
Jackson Fordyce curated the deals section of today’s newsletter.
VENTURE DEALS
Multiverse, a London-based career apprenticeship platform, raised $220 million in Series D funding.** StepStone Group**, Lightspeed Venture Partners, and General Catalyst co-led the round and were joined by investors including** Founders Circle Capital, Audacious Ventures**, BOND, D1 Capital Partners, GV, and Index Ventures. 
CareBridge, a Nashville-based health care company for patients receiving home and community-based services, raised $140 million in funding led by Oak HC/FT.
Vanta, a San Francisco-based compliance and software automation security company, raised $110 million in Series B funding. Craft Ventures led the round and was joined by investors including Sequoia and YC.  
Codat, a London-based software startup connecting small businesses with financial institutions, raised $100 million in funding. JPMorgan Chase’s growth-equity arm led the round and was joined by investors including Canapi Ventures, and Shopify,Index Ventures, and PayPal Ventures. 
Ever/Body, a New York-based cosmetic dermatology and med spa company, raised $55.5 million in Series C funding. Addition led the round and was joined by investors including Tiger Global, ACME Capital, Declaration Partners, Fifth Wall Ventures, and Imaginary Ventures.
HYCU, a Boston-based cloud data protection company, raised $53 million in Series B funding. Acrew Capital led the round and was joined by investors including Bain Capital Ventures, Atlassian Ventures, and Cisco Investments. 
Anagenex, a Boston-based machine learning-enabled, small molecule, drug discovery company, raised $30 million in Series A funding. Catalio Capital Management led the round and was joined by investors including Lux Capital, Khosla Ventures, Obvious Ventures, Airstreet Capital, and Menlo Ventures. 
CreativeX, a New York-based data platform for brands, raised $25 million in funding. Guggenheim Investments on behalf of certain clients, Beringea, the Brandtech group, and Conviction invested in the round. 
Entropy, a Brooklyn, New York-based crypto custody platform, raised $25 million in seed funding. a16z led the round and was joined by investors including Dragonfly Capital, Ethereal Ventures, Variant, Coinbase Ventures,** Robot Ventures**, Inflection, the Komerabi Fund, and other angels. 
Skolem Technologies, a New York-based asset management and execution services provider, raised $20 million in Series A funding. Galaxy Digital led the round and was joined by investors including Point72 Ventures, Jump Crypto, Fenwick and West, Morpheus Ventures, and Dragonfly Capital.
Continual, a San Francisco-based operational A.I. platform for data stacks, raised $14.5 million in Series A funding. Innovation Endeavors led the round and was joined by investors including Amplify Partners,** Illuminate Ventures**, Inspired Capital, Data Community Fund, Activation, New Normal, GTMfund, Dremio founder Tomer Shiran, and dbt Labs founder Tristan Handy.
Teleo, a Palo Alto-based construction robotics company, raised $12 million in Series A funding. UP.Partners led the round and was joined by investors including F-Prime Capital,** K9 Ventures**, Trucks Venture Capital, and other angels. 
​​Valkyrie Investments, a Nashville-based investment manager focused on digital assets, raised $11.15 million in funding. BNY Mellon, Wedbush Financial Services, Clearsky, Zilliqa Capital, C-Squared Ventures, Belvedere Strategic Capital, and **SenaHill Partners **invested in the round. 
Securesave, a Seattle-based emergency savings fintech platform, raised $11 million in funding. Truist Ventures led the round and was joined by investors including Stearns Financial Services and FTX.
Decimal, an Indianapolis-based accounting automation platform, raised $9.22 million in seed funding. Arthur Ventures **led the round and was joined by **Service Providers Capital and other angels. 
Shoreline, a Stavanger, Norway-based workflow automation and asset simulation SaaS company for the wind industry, raised $7.5 million in funding. Ecosystem Integrity Fund, Blue Bear Capital, Ferd Capital, Alliance Venture, and Investinor invested in the round.
Extracker, a San Francisco-based change order communication platform for the construction industry, raised $7 million in Series A funding. Cloud Apps Capital Partners led the round and was joined by investors including Building Ventures and Jackson Square Ventures.
Overalls, a New York-based insurance-based benefits company, raised $4.6 million in funding. RPM Ventures led the round and was joined by investors including** Frontier Ventures**, former NFL player Jerod Mayo, and others. 
Five to Nine, a Chicago-based employee initiative software management platform, raised $4.25 million in seed funding. Black Ops Ventures led the round and was joined by investors including Slack Fund and Cleveland Avenue.
Curio, a Santa Monica, Calif.-based NFT analysis, raised $3.7 million in a seed funding round. 776 led the round and was joined by investors including Gary Vee,** Cozomo de Medici**, Polygon CEO JD Kanani, OpenSea CEO Devin Finzer, OrangeDAO, Coinbase Ventures, and other angels.
De Oro Devices, a San Luis Obispo, Calif.-based medtech startup specializing in Parkinson’s and other mobility disorders, raised $2.8 million in seed funding. True Wealth Ventures led the round and was joined by investors including AARP, StartUp Health, Capital Factory, Wai Mohala Ventures, Kachuwa Impact Fund, Barton Investments, HealthTech Capital, Wealthing VC Club, Rockies VC, and** Mentors Fund**. 
PRIVATE EQUITY
Citizens Financial Group, acquired DH Capital, a New York-based private investment banking firm. Financial terms were not disclosed. 
Mercer Global Advisors, backed by Oak Hill Capital and Genstar Capital, acquired Berkson Asset Management, a Woodland Hills, Calif.-based tax and accounting firm. Financial terms were not disclosed. 
OTHER
​​Descartes Systems Group acquired XPS Technologies, a Cottonwood Heights, Utah-based ecommerce multi-carrier parcel shipping solutions provider, for $65 million. 
Achieve Partners acquired a majority stake in Boclips, a Boston-based educational video platform for student learning. Financial terms were not disclosed. 
Desert Peak Minerals and Falcon Minerals have merged creating Sitio Royalties, a Denver-based oil & gas, mineral, and royalty interests company. Financial terms were not disclosed.  
DotCom Therapy acquired Wolf+Friends, a New York-based community for parents and families raising children with special needs. Financial terms were not disclosed.  
WorkGenius acquired JBC, a New York-based staffing company, financial terms were not disclosed. 
FUNDS + FUNDS OF FUNDS
-** Biospring Partners**, a New York-based growth equity firm, raised $245 million for a fund focused on tech companies in the life sciences sector.
PEOPLE
CapitalG, the San Francisco-based growth fund of Google parent company Alphabet, hired Melissa Sobel as communications partner and Stanley Onyimba as vice president of growth. Formerly, Sobel led a VC-focused communications consultancy and Onyimba was with Google Search.
This is the web version of _Term Sheet, _a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
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ccccloud45455 · 3 months
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The Race For The First Bitcoin ETF
Valkyrie Investments reckons it just vaulted to the front of the queue for approval from the Securities and Exchange Commission for the first U.S. Bitcoin exchange-traded fund thanks to a quirk that allows smaller issuers to file confidentially for new offerings.
The Nashville, Tennessee-based firm two months ago sought regulatory permission for a futures-based fund, likely the first company to do so before an onslaught by others following positive comments on the structure by the SEC. The request was revealed Tuesday after the Nasdaq exchange, where the Valkyrie XBTO Bitcoin Futures Fund would be listed, filed a response to the SEC.
The application remained hidden thanks to an idiosyncrasy afforded to smaller companies, which allows them to file confidentially without fear of getting their ideas copied by bigger players, said Steven McClurg, chief investment officer at Valkyrie Investments.
https://www.bloomberg.com/news/articles/2021-08-24/tiny-issuer-thinks-it-just-got-the-edge-in-race-for-bitcoin-etf
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blockinsider · 2 months
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Imminent Crypto Collapse: Market Expert Peter Schiff Sounds Alarm
Key Points
Peter Schiff, a financial analyst, predicts a potential crash in the cryptocurrency market.
Schiff also expresses concerns about possible sell-offs in gold, silver, and stocks.
Peter Schiff, a well-known financial analyst, has raised concerns about the current conditions of the cryptocurrency, gold, silver, and overall financial markets. He anticipates a ‘hard landing’ for the financial market.
Signs of an Impending Crypto Crash
On his social media page, Schiff noted that despite the introduction of eight Ethereum exchange-traded funds, the crypto market continues to decline. He highlighted that Ethereum has fallen by over 7% in the last 24 hours, while Bitcoin has dropped by 2% within the same timeframe. Schiff believes these developments signal the beginning of a crypto crash, coinciding with an upcoming Bitcoin conference in Nashville. He stated:
“In case you haven’t noticed, despite yesterday’s launch of 8 Ethereum ETFs, Ether is already down over 7% in the past 24 hours. Bitcoin is down too, falling 2% over the same time period. The stage is set for a crypto crash, just in time for the Nashville Bitcoin conference.”
Concerns Over Gold, Silver, and Stocks
Schiff also expressed his worries about gold and silver, stating they are not immune to market sell-offs. He noted that gold has decreased by nearly 2% in the last 24 hours. Despite the overall financial market downturn, he does not foresee a significant downside for gold. However, he predicts a dramatic drop for both Bitcoin and Ethereum.
The financial expert disclosed that stocks are falling, commodity currencies like the Australian dollar are experiencing similar trends, while safe haven currencies such as the yen and Swiss franc are on the rise. He cautioned that a recession might ensue with a stock market crash if the Fed does not cut rates soon enough. He stated:
“Stocks are selling off. Safe haven currencies like the Japanese yen and Swiss franc are rising while commodity currencies like the Australian dollar are falling. If the Fed doesn’t cut rates soon the #recession may start with a stock market crash.”
Schiff questioned whether the Federal Reserve would allow this downturn to persist or intervene to prevent a major stock market crash, financial crisis, and recession before the election.
Schiff, a gold proponent, believes Bitcoin’s bear market is far from over. He recently predicted on his social media page that if Bitcoin’s price falls below $15,000, it could plummet to $3,500.
Contrarily, billionaire businessman Robert Kiyosaki suggested that the prices of gold, silver, and Bitcoin could surge if former president Trump wins the upcoming US election. He predicted that by August 2025, gold could reach $3,300 an ounce, Silver could hit $79.00 an ounce, and Bitcoin could rise to $105,000.
At the time of writing, Bitcoin’s price has further decreased by more than 3% in the last 24 hours, while Ethereum’s price has fallen by over 8%. The influence of the newly launched Ethereum ETF on digital currency prices remains to be seen.
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ccccloud45455 · 2 months
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Join Us at the 24th July Bitcoin Conference in Nashville!
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New Post has been published here https://is.gd/9wDr2N
Research Firm Messari CEO: Threatening Calls After Critical XRP Report Were Made by ‘Punk Kids’
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This post was originally published here
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Ryan Selkis, the CEO of cryptocurrency analytics firm Messari, has allegedly received threats after his company published a critical analysis of Ripple (XRP) cryptocurrency. Selkis made this claim in a tweet posted on Jan. 24.
Research firm Messari published a report on Jan. 24, claiming that the market capitalization of XRP is likely overvalued by $6.1 billion. The company reportedly based its analysis on data from cryptocurrency exchanges and third party cryptocurrency data services.
Following the publication, the CEO and founder of Messari, Ryan Selkis, posted a tweet alleging that he received a threatening call from an anonymous caller:
“Someone just called me from a Nashville number and recited my wife’s birthday to me. Then hung up.”
In a follow-up tweet, Selkis announced that he received two more threatening calls, and asked several high-ranking employees of Ripple — including its CEO Brad Garlinghouse, CTO David Schwartz and SVP of Marketing and Communications Monica Long — to denounce the threats against his family, which, as he alleged, are coming from the XRP community:
“I want @Ripple @bgarlinghouse @MonicaLongSF @CoryTV @JoelKatz @warpaul to denounce any $xrp community threats against my family. I’m going to the fbi and local police after THREE calls. Ensuring our family doesn’t get swatted.”
As of press time, neither Ripple itself, nor any of its individual employees mentioned in Ryan Selkis’ tweet have commented on the alleged threatening calls. Both Messari and its CEO have not yet responded to Cointelegraph’s request for comment.
After going to a police station to report the calls, Selkis posted another tweet, apparently confirming that the callers were not actually affiliated with Ripple:
“I’m at the police station. It’s a punk kid most likely.”
In its recent Q4 2018 report, Ripple has revealed that the sales of its XRP tokens have declined from Q3 of the same year: the company sold $129 million and $163 million worth of tokens in the respective time periods.
At press time, XRP’s market capitalization is just under $13 billion, making it the second largest cryptocurrency, according to CoinMarketCap data.
#crypto #cryptocurrency #btc #xrp #litecoin #altcoin #money #currency #finance #news #alts #hodl #coindesk #cointelegraph #dollar #bitcoin View the website
New Post has been published here https://is.gd/9wDr2N
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joshuajacksonlyblog · 6 years
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Living on Bitcoin Day 3: Brother, Can You Take a Sat?
This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2.
I woke up on day 3 and made a pact with myself: I had resolved to not rely on Uber Eats that day.
I still think that buying this credit from an exchange like Bitrefill or Paxful is in line with the experiment, but I haven’t made a PoS purchase yet and I want to make today about going out and actually using bitcoin with merchants.
Only once I ventured out to actually try this did I realize that the trend I unearthed yesterday would become an insurmountable obstacle.
I woke up in a bed this time (one had been freed up after Christian’s roommate and friends left to move to LA). Like the day before, I immediately hit the coffee and continued to work on the write-up of the previous day. Little of note happened. Christian left to go back to Nashville to then go to Miami for a conference. Riggins, who had slept on the couch the night before, went with him.
To prep for a day of no Uber Eats, I looked up some of the places that I hadn’t checked with yet to see if they still took bitcoin. The preliminary results were disheartening. Bamboo Asian and Ramen Underground are closed on Sundays. Three Babes Bakery no longer accepts crypto and neither does Elixart, even though their Nevada location does. So my prospects here in San Francisco were looking grim.
Surely somewhere, I thought.
Resolved to make something of the day, I decide that I should just throw myself out there and see if I could stumble upon a place that would take BTC. If all the online bitcoin-as-payment finders had it wrong, maybe there were a few stores that did accept it but weren’t listed.
Clinging to this hope, I ordered an Uber for Haight-Ashbury, starting off my search with a toy shop called Woot Bear that supposedly accepted bitcoin. I wasn’t holding my breath.
An Uber pool took me a block away from Woot Bear and Haight street. Walking that way, I took out a sign I had prepped for my promenade in San Francisco’s hippie district.
“If you buy me food or coffee, I’ll send you bitcoin. I’ll help you set up a wallet and be your friend!”
I figured the absurd gesture would be in character for Haight-Ashbury’s rabble of itinerants, tourists, burnouts and homeless population. People probably thought the sign was asking for handouts. It wouldn’t be the first time I would be mistaken for homeless (happened earlier this year while passing out Thanksgiving meals around Nashville).
Woot Bear’s caretaker was out for lunch, so I walked around, sign in front, and went searching for food (I hadn’t eaten yet) or any place that would take my coins. I didn’t expect to waltz into a place and find that they take bitcoin, no more than I expected someone to take my sign seriously. Still worth the attempt. The reactions themselves when I asked were worth it.
Finding a thrift store I visited last time I was in San Francisco, I went in and glanced at a few shirts. A tall woman with jet black hair was preoccupied with her phone behind the cashier’s desk.
After browsing some flannels, I walked up to ask a question I already knew the answer to.
“Yes?” she asked, a little annoyed, looking up from the phone after I had loomed over the desk for a few seconds.
“What are the chances you could be swayed to accept bitcoin?”
Lips pursed on a to-go drink straw, she slowly shook a lowered head.
“No.”
“Yeah, I expected as much,” I said resignedly.
A little farther down the strip, I walked into a run-of-the-mill smoke shop. I asked the dude working it if they accept bitcoin.
He just shook his head.
“Know of any places around Haight that do,” I asked, grasping at anything I could get.
“Nope. Cash is king here.”
Cash is king, I thought. Yeah, no kidding, bucko. What’d you expect?
I slipped into probably half a dozen more shops, receiving the same result and a mixture of reactions. One young, nose-studded barista looked like I had offended her with my question, another was simply amused and gave me a free coffee. Most young dudes that I asked would just laugh at the question, answering, “No, sorry!” with a grin. The majority of people were simply confused. Some probably didn’t know what it was, but they knew that they didn’t accept it.
A bit defeated, I went back to Woot Bear. Now that it was open, I asked the shopkeeper if they still accept bitcoin.
“Bitcoin?” she asked, pausing her phone conversation for a moment. “Oh, no, I’m sorry we don’t anymore.”
I expected as much — past results were becoming indicative of future ones.
I asked her why they’d stopped. She told me that, apparently, the payment processor they used was no longer operational.
Still, she went on to sing bitcoin’s praises emphatically to the fellow who was still on the other end of her phone call.
“Bitcoin was great!” she told him. “It was fee-less and it would automatically convert to money in your bank account.”
She was treating it like some arcane truth, stammering while explaining how they used to use it and the value it carried.
“I don’t know what it is,” she ultimately confessed.
Phone calls, store visits, solicitations, holding that sign like a lunatic. Nothing would bring me the opportunity to spend bitcoin.
I left Woot Bear — the coincidental significance of its name including “bear” only now starting to register — with my confidence in disrepair. Still, I tried a few more shops to no avail and had an encounter that I won’t recount here for fear of being put on an FBI watch list.
Stopping to record what just happened (and clueing my buddies in — we have a running tally on surreal encounters), I was interrupted by an older, flustered, Indian man.
“Is that you?” he asked, pointing to my sign as it rested on the shop’s sandwich-board sign.
Thinking he was interested in my sign (he was the first person to stop to read it), I enthusiastically replied in the affirmative.
“Well, stop it. This is my sign, my shop.” The man gestured at the storefront.
“Oh, sorry, I was just typing something up — just using your sign for a second.”
“Okay, I don’t care if you need it for a minute,” he said as he stepped farther out on the sidewalk, seemingly to monitor my loitering.
Walking to the panhandle of Golden Gate Park, I was resigned to not finding anywhere on Haight that would take bitcoin, but not to finding nowhere that would take it.
Posted up on a bench outside a public basketball court, I called up a few places I had left to check with.
Nothing.
They’d all stopped taking bitcoin some time ago. A tone of brisk agitation usually followed my questions.
Frustrated, I gave up. The constant Google queries, calls and typing — all my activity had been eating into my phone’s battery — with hunger eating at my concentration: I’d had enough. My phone was at 5 percent, so I called an Uber and retreated to the apartment.
I’m typing this in the Uber and it’s honestly hard to focus with this empty burning in my gut.
San Francisco’s roller coaster landscape didn’t help. Most of what I wrote in the Uber was crap.
Back at the apartment, I ordered Curry Up Now again. The deconstructed samosas and sexy fries were very much a transcendent experience, probably both because they were undeniably delicious and because my stomach was ready to turn in on itself.
I was fed, but I wasn’t satisfied. My pact was broken: I couldn’t use bitcoin in any stores or restaurants, and the reality was becoming very clear that I likely wouldn’t get the chance.
I wasn’t thriving like I would have hoped — or really expected. Sure, saying I’ve been surviving wouldn’t be quite right, because it’s been unequivocally easy to use Bitrefill to get more Uber credit. But there’s no diversity in purchases, just travel and food. Not only have I not been able to spend it in the city, but I haven’t been able to experience the different ways that I could spend it.
Frustrated and disappointed, I watched the Saints play (and beat) the Eagles in the NFC division round and wrote a little more. Another night of being fed by a friend, as Michelle cooked risotto and had her folks over.
Before dinner was served, I heard Michelle talk about the experiment with them. Her mother took to the topic with quick fascination but diagnosed the potential difficulties with it.
“Oh, that’s going to be tough, but if he can do it anywhere, it would be here,” her mom said.
Let me tell ya, lady — you have no idea.
As Kashmir Hill did in her original journey, Colin is accepting BTC tips to help him along the way.
Tip jar: 3CnLhqitCjUN4HPYf6Qa2MmvCpSoBiFfBN
This article originally appeared on Bitcoin Magazine.
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