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- 2023-09-06
2023-09-06
🎰 Who Hit the Jackpot with Bitcoin?
Howdy, DailyCoiners,Fun fact: September is historically the worst month for Bitcoin.
October, on the other hand....usually pretty good!
💥 Billionaire Bitcoin Boom
🥊 ECB vs. PayPal
🫂 Visa Embraces Solana
🧮 Bitcoin Billionaires Multiply: Numbers Unveiled!
In a world teeming with millionaires, a fascinating tidbit has surfaced.
A recent "Crypto Wealth Report” from London's Henley & Partners revealed some eye-popping numbers: out of the 88,200 crypto-holding millionaires globally, a whopping 40,500 prefer Bitcoin.Okay, so that's kinda obvious! #slownewsday 🙄But the crème de la crème? 78 individuals who proudly own over $100 million in crypto are devout Bitcoiners.Moreover, when it comes to the billionaire club, Bitcoin seems to be the golden ticket, with six out of 22 crediting their vast fortunes to Bitcoin trading.Again...kinda obvious given that Bitcoin was the first crypto and, therefore, has had the most time to acquire both value and holders.
However, these numbers are mere drops in the ocean. Of the estimated 56.1 million millionaires worldwide, a mere 0.2% have dipped their toes in the crypto pool.👙As global attitudes shift, many are looking to safeguard their digital treasures from potential bans and harsh tax regimes.Just imagine what the crypto markets will look like in five years....But like a teacher trying to win over the last few hesitant students, experts say jurisdictions are slowly warming up to the idea of crypto-wealth. Remember the 2022 crypto crash? Seems like a forgotten history lesson now.
🏦 European Central Bank Eyes Digital Euro, Warns PayPal
The digital realm seems to be the new Wild West, and the European Central Bank (ECB) might be getting ready to stake its claim.
Earlier this week, ECB bigwig Fabio Panetta took the digital stage, hinting that the European Union might be a step closer to minting its very own digital Euro.This update comes after a three-year-long pondering session since the ECB first discussed a Central Bank Digital Currency (CBDC) in 2020.
Panetta envisions two cornerstones for the digital Euro.First, it would be as accessible as, say, "electricity and water." Secondly, he promises a high-tech payment solution with ironclad privacy and data protection, a feature that might rival superhero masks for preserving identities.Yes, but what can the government see and track? That's what we really need to know! 🤔
Yet, the climax of his address was a digital duel challenge to PayPal, which recently unveiled its own stablecoin.Panetta argued that leaving the digital coin realm solely to private sector giants, such as PayPal, might be as risky as leaving cookies unsupervised at a kids' party. ...or maybe they won't share their information with you??? Just saying! 🤥
Closing his digital sermon, Panetta painted a picture of the digital Euro as a unifying tool, much like a favorite song everyone knows the lyrics to.As the digital currency wave sweeps across the globe, with only 11 countries having fully dived in, the ECB's move could set a tone for others to follow.
🧢 Visa Teams Up with Solana for Speedy Global Payments
Imagine if sending money across the world were as easy as sending a text message!
With the latest buzz around town, that dream might not be too far away.Visa, the global payments superstar, has now teamed up with Solana, a blockchain heavyweight, aiming to simplify the tangled web of global payment transactions using stablecoins.
Yesterday, Visa revealed its shiny new strategy: to zoom up its financial settlement pilot using Solana's blockchain racetrack.The outcome? A smoother, faster highway for digital cash flow, making it easier for folks worldwide to send and receive money.
According to Solana, this collaboration will be the caffeine jolt the traditional payment world needs, highlighting the power of stablecoins.Well, they would say that...let's just hope their blockchain has seen the last of...er... hiccups!🙏Visa's Head of Crypto, Cuy Shuffield, painted a picture of a global tag team, with Visa partnering with Worldpay and Nuvei.Together, they aim to flex their digital muscles, streamlining payment settlements via the Solana network.
Among the online chatter, crypto enthusiasts are buzzing like bees around honey, seeing this as a massive leap toward global cryptocurrency adoption. Now, who has been saying Web2 adoption of Web3 features is the key to crypto mass adoption for ages?... Yeah, that's right... me! 😎
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