Several cases of Cryptocurrency Mass adoption: make sure not being the wrong mass this time!

Several cases of Cryptocurrency Mass adoption: make sure not being the wrong mass this time!

By MikeZillo | Blockchain Insights | 10 Sep 2022


Armenia aims to position itself as a Bitcoin mining hub

https://cointelegraph.com/news/armenia-aims-to-position-itself-as-a-bitcoin-mining-hub

Armenia, thanks to its agile tech infrastructure is aiming to become a mining hub. Are these a good or bad news? Well, centralizing computational power is never a good thing BUT if the conditions are good, this may be a good impulse to the network. Anyway, we must be careful to not end like Ethereum after the Merge, which is a serious attempt to the real democracy of Ethereum.


Hermès reveals plans for Metaverse fashion shows, crypto and NFTs

https://cointelegraph.com/news/hermes-reveals-plans-for-metaverse-fashion-shows-crypto-and-nfts

Adidas, Lacoste, Gucci and several other has entered the NFT space. Are all those NFT a real deal or just another service to be sold from the Minter company?


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https://en.cryptonomist.ch/2022/09/01/bitcoin-mining-difficulty-increased-9-26/

Despite the recent increase of electricity price and electronic devices costs, BTC hashrate keeps growing thanks to jurisdictions off-grid or almost off-grid like Iceland, Armenia, Russia and Kazakhstan.


rsz-adobestock-491936807-min.jpg

https://cryptonews.com/news/analysts-advise-ethereum-users-to-avoid-transacting-on-merge-day-outline-numerous-risks.htm

When the Merge will approach, analysts suggest to suspend transactions to avoid overlaps across the chains: if your transactions comes from before the Merge but the fee paid makes it to be approved blocks later, after the Merge. Who is going to validate it? At what Gas cost?


Binance Pay partnership allows UAE entrepreneurs to set up business using crypto

https://cointelegraph.com/news/binance-pay-partnership-allows-uae-entrepreneurs-to-repay-loans-using-crypto

That’s clear: Binance pay comes to the United Arabic Emirates making instant for all business owner to adopt it as a tool of payment granting access to the crypto-space to thousands of shops.


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https://en.cryptonomist.ch/2022/08/30/cryptocurrency-atm-bitbase-opens-venezuela/

New store in Alicante, Valencia and other Spanish areas. Bitcoin ATMs are getting popular in Spain and they are going to open soon another branch in Venezuela.

 

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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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