PAYPAL CAVES: Will Now Allow Bitcoin Withdrawals ep176
Episode description
📰 Citing unexpectedly massive demand, PayPal and Venmo will allow users to send Bitcoin to external wallets and services.
https://www.thestreet.com/crypto/bitcoin/paypal-to-start-allowing-bitcoin-withdrawals
📰 Billionaire investor and previous Bitcoin skeptic Ray Dalio says he holds “some” Bitcoin 👀. (Likely still short, though)
📰 Billionaire investor Carl Icahn says he “may”… “eventually”… invest $1 billion in “cryptocurrency” 👀. (Definitely still short).
📰 Michael Saylor, Elon Musk, and major North American bitcoin miners announce the formation of a Bitcoin Mining Council to, allegedly, promote “greener” mining practices.
📰 … Compared to the carbon footprint of the legacy financial sector, though, Bitcoin is clean AF 🤷♂️.
📰 Blaming power outages, Iran’s government bans Bitcoin mining for 4 months. Great way to command a monopoly on it 😂.
📰 The UK’s Advertising Standards Authority bans a “time to buy” bitcoin bus ad for being “irresponsible”. View at your own risk…
https://www.cnbc.com/2021/05/26/bitcoin-time-to-buy-ad-banned-by-the-uk-for-being-irresponsible.html
📰 Alex Gladstein publishes an in-depth look at "The Humanitarian and Environmental Case for Bitcoin”.
https://twitter.com/gladstein/status/1397623086631964673?s=09
📰 Bitcoin sidechain RSK touts more 2021 growth than Liquid or Lightning.
📰 Ark Invest buys almost $20 Million of Bitcoin in their latest round of paper-hand soul collecting.
📰 Speaking of green Bitcoin mining, Taproot signalling looks increasingly likely to cross the 90% threshold in the next activation period.
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