Major industries. You have big coin at the very in there. You have gold in the middle and then over on the right side you have of course the Banking System and get this. So big coin uses about 113. 00 tera, what hours a year in total. Compare that to the Banking System and the Banking System uses 260. 00 tara one hours per year. So if the World Bank were being honest, which theyre not, if they were trying to actually speak from a place of conviction, which theyre not, they would admit that the Banking System as it is right now, is far vastly worse for the environment. Them bitcoin is okay. So its almost laughable that they would choose those 2 issues that they claim they have with bitcoin because theyre too busy dealing with everything else with their own organization as opposed. Now, christy, what do you make of this move . I mean, is this a positive move for salvador to become less reliant on the dollar and good for bitcoin as well . Well 1st of all, i just had to agree with everythi
This is going business show you cant afford to miss. Im rachel. Love is in washington coming up, the world think is refusing to help El Salvador, implement bitcoin as an alternative to the u. S. Dollar claiming it has environmental concern. Well discuss Slot Market react to the federal Reserve Plan to raise Interest Rate sooner than expected. But will be soon enough as inflation takes the whole on the overall recovery, then china 3, after not through its own self to those Base Station for the 1st time ever. So what does this mean for the international re fan where it is the u. S. Stand, we have a lot to get to. So lets get started. Following a Landmark Decision to adopt bitcoin as a legal currency, all salvador is seeking technical assistance to make its vision a reality. The country has already responded to pressure from the international monetary fund by saying the Goal Isnt to replace the existence of the us dollar, but to allow a parallel alternative. However, the World Bank is alr
What does this mean for the international re fan . Where does the u. S. Stand . We have a lot to get to. So lets get started. Following a Landmark Decision to adopt bitcoin as a legal currency, all salvador is seeking technical assistance to make its vision a reality. The country has already responded to pressure from the international monetary fund by saying the Goal Isnt to replace the existence of the us dollar. But to allow a parallel alternative, however, the World Bank is already saying it has no plans to provide assistance. I spoke 1st and confirm that help was requested, but said the World Bank cannot one support given the quote, environmental and transparency shortcomings of bitcoin as a currency. So joining me now to discuss the latest jo, host, an Crypto Analyst Bend on and kristi i been lets start with you here. So why has the World Bank been so quick to say that it wont provide any assistance in implementing bitcoin as a currency . Yeah, i think the answer that is pretty s
up that gavel has been struck in the united states has decided to ban popular apps tick tocking we chat as china u.s. tensions continue to climb straight ahead we break down the social media crossfire plus the fate of a coronavirus vaccine has a glimmer of hope as experts are aiming to have one on mass production by the end of 2020 we ll take a look around the globe at the state of coping 1000 infections and where we stand with here and a later space x. has hit turbulence launching starling satellites as the private sector set its sights on space exploration with a packed show today so let s dive right in. and president trump has made his decision rejecting by dancers compromise of selling a portion of their widely popular social media app to talk to us company oracle now the president has now announced that tick tock will be banned in the united states on app stores beginning sunday the commerce department said friday that as of sunday any moves to disk. or maintain we chat
sights on space exploration with a packed show today so let s dive right in. and president trump has made his decision rejecting byt dances compromise of selling a portion of their widely popular social media app tick-tock to u.s. company oracle now the president has now announced that tick tock will be banned in the united states on app stores beginning sunday the commerce department said friday that as of sunday any moves to distribute or maintain we chat or tick tack on an app store will be prohibited this means that while users who are ready have downloaded the apps may be able to continue using the software the restrictions mean updated versions of the apps can not be downloaded joining us now to discuss our boom bust co-host bents want to christiane they ve been covering this story with us all week long so thank you so much for that there s another twist on a friday ben i want to start with you because even though we have heard a lot of talk about banning tick tack by t