Post
Topic
Board Economics
Merits 2 from 1 user
Topic OP
Bitcoin fans have developed into a political force. Is this the dawn of victory?
by
Aliceooo78
on 24/08/2021, 06:46:35 UTC
⭐ Merited by paxmao (2)
Bitcoin fans develop into a political force]https://www.wsj.com/articles/bitcoin-fans-are-suddenly-a-political-force-11629115380]Bitcoin fans develop into a political force

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Bitcoin's current rally is inseparable from the assists of the giants. On August 23, local time, the US payment giant PayPal announced the launch of a cryptocurrency service in the UK. Starting this week, it will allow UK customers to buy, hold and sell digital currencies. This action marks the first international expansion of PayPal's cryptocurrency service outside the United States, and the company first launched this type of service in the United States in October last year.

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In addition to PayPal, last week United Wholesale Mortgage, the second largest mortgage lender in the United States, also announced a plan to accept bitcoin for mortgage payments, setting a precedent in the industry.

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Walmart is hiring directors to develop a cryptocurrency strategy. A job advertisement on Wal-Mart’s website in mid-August showed that the company was hiring a senior director at its headquarters in Bentonville, Arkansas, who was responsible for “determining customer needs and converting them into product requirements,” and at the same time determining the relationship with cryptocurrency. Related investments and partnerships.

However, after Bitcoin's strong rebound broke through the $50,000 mark, the biggest risk facing the cryptocurrency market in the future is still regulatory issues.

If an organization composed of Bitcoin fans develops into a political force, I think that bringing new vitality and growth space to digital currency is also an important opportunity for the wider application of Bitcoin. I am looking forward to it. I even think this is a historic step. Imagine that if Bitcoin forum members (consensus) can form a community organization, will they be able to run for the president of the United States? If you want to be more exaggerated, a virtual sovereign state appears on the Internet. Just like in online games, you can even find a girlfriend, which feels amazing.