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In 1918
Nicholas Klein spoke to the Amalgamated Clothing Workers of America at
Baltimore with a quote that best describes the current journey from Bitcoin to
consumer adoption. He said,
"And my friends, in this story, you have a history of all this movement. First of all, they ignore you. Then they ridicule you. And then they attack you and want to burn you. And then they build you monuments.
Nobody is
building monuments at Bitcoin for the moment, because those who launch such projects are
busy attacking and looking for ways to ban and burn Bitcoin.
Congressman
Bradley Sherman, for example, proposed a bill to ban crypto
in the USA. He called on Congress to "smother this in the egg, "Which apparently is not the first
opposite position taken by the Congressman against digital currencies.
Sherman reasoned that "… Much of our world power comes from
the fact that the dollar is the standard unit of international finance and
transactions. Clearing through the New York Fed is essential for major oil
transactions."
Well,
Bitcoin will stifle the manipulation of the global economy in the bud
Sherman is going
to add that "… it's the
announced goal of cryptocurrency supporters to take this power
from us, to put us in a position where the most important sanctions we have
on Iran, for example, would become useless. "
In these rare
Mr. Sherman explains to Congress why Bitcoin has such utility and
real value and why its mass adoption has become unstoppable. Manipulation
of global politics via the dollar is something crypto will do one thing
the past.
Somewhere else
twins from Winklevoss, Gemini and Flexa, a payments-focused start-up
partnership that could open wide the gates of the use of cryptography in the general public
Trade. The Spedn cryptography application from Flexa has been
integrated into payment scanners of large retailers such as Barrel, Crate,
Whole Foods and Nordstrom.
In one
Tyler Spalding, CEO of Flexa, said:
"This is the first real example of decentralized global retail payments, with the power to make trade more efficient and accessible for billions of people around the world. Existing payment systems are complicated and expensive. This solution offers crypto-currencies a way to solve these problems and allows merchants to carry out low-cost and fraud-resistant transactions. "
This will
help crypto owners pay for property using Bitcoin, Ethereum, Bitcoin Cash or
Gemini Dollar. The real-time payment interface will pay traders in fiat or
crypto according to their choice. Thanks to the ecosystem of Flexa, traders will not be able
no longer have to worry about real-time transaction permissions which once hindered
cryptographic purchases.
Heritage
Financial institutions move massively for Bitcoin
Bitcoin
prices are still rising, their value now being 8,106.
Institutional investors turn to Bitcoin, the bull of the season
could be on. Massive Wall Street Wheeler-Dealer Application Intercontinental Exchange In
the US Commodity Futures Trading Commission (CFTC) for their Bitcoin Futures
Approval is imminent in the category "User Acceptance Testing for Bitcoin Retention and Term Transactions in July".
Bakkt
operations were hampered by a multitude of regulatory hurdles, but the
The firm has eyes fixed on the month of July as launch date. Giant Financial Services
The encrypted trading platform of Fidelity Investment is also in preparation. the
The platform should be deployed "in a few weeks," sources said. Fidelity's platform attracts institutional investors
interested in Bitcoin investments.
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