Conversation Street #5

By MikeZillo | Blockchain Insights | 4 Jul 2022


Also this week I have compiled a dense list of important news, an indication that the financial world is moving.
Enjoy your reading!

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https://it.cryptonews.com/news/global-anti-money-laundering-watchdog-presses-countries-crypto-exchanges-to-implement-key-requirement-faster-it.htm
Regulation is necessary, and it protects everyone, investors and individuals.
This inaction on the part of institutions is quite embarrassing....

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https://it.cryptonews.com/news/following-microstrategy-el-salvadors-bukele-buys-another-bitcoin-dip-too-skeptics-chime-in-it.htm
A "trader" in government… Who better to have an overview of the market and especially sound money management?
These characteristics could become a trump card when it comes to the economic management of a state.
Especially in anticipation of cutting unnecessary costs!

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https://cryptonews.net/news/bitcoin/8847901/
The world is waking up, people are waking up, and they understand the importance of cryptocurrencies in relation to the possibilities they offer.
In Mexico more than half of the inhabitants cannot have access to banking institutions, crypto can be a possibility.
And some governors are aware of this....

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https://cryptonews.net/news/bitcoin/8844953/
This could have implications, globally interesting (disastrous?): The digital Yuan could yes be in the race with BTC, but being a hybrid cryptocurrency, it still would not have the border problem...and thus could even replace the dollar as the world currency.
Who knows, it could be a way for China to manage the world economy?

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https://cryptonews.net/news/nft/8835623/
Interesting project, I am working on a similar one.
My project will also involve a contemporary artist I have already told you about... Stay tuned!

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https://cryptonews.net/news/altcoins/8835011/
In addition to personal data, this company would also have the ability to manage our money movements.
I think it would have gone a little too far....

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https://cryptonews.net/news/other/8829647/
DAOs also have a sociological impact: they involve communities with the same goals, but how strong are they and how much can they keep DAOs alive?
Topic I plan to explore in a future article!

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https://www.binance.com/en/blog/markets/tiktok-star-khaby-lame--binance-team-up-to-drive-crypto-awareness-421499824684904073
Going beyond what is the business gimmick of Khaby Lame's signature NFTs, the thing that I think is crucial is the popularization of crypto concepts to the whole public in order to be able to have their own idea about it.

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https://en.cryptonomist.ch/2022/07/02/zimbabwe-lebanon-countries-adopt-bitcoin/
Here the use of cryptocurrencies helps countries with extremely high inflation 211% Zimbabwe and 192% Lebanon, as they are known to be inflation-controlled.
This benefits nations in foreign dealings: since they do not have to go through the local currency, purchasing power vis-à-vis other states is not vartitioned.

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MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Blockchain Insights
Blockchain Insights

Working as a consultant for Blockchain projects, an operative experience comes by itself. In this Blog I am share Blockchain applications, pros and cons, practical use cases I got in touch with. Of course, a good understanding of the topic will be provided with dedicated contents

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