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As El Salvador makes bitcoins tender, traders mull where that leaves the dollar

Jun 14, 2021
El Salvador’s bold move to accept Bitcoin as legal tender has Wall Street once again wondering whether a cryptocurrency could really ever replace the old-school dollar.
It’s a question that had appeared, at least to some, to already be nearly answered, after a handful of trailblazing companies including Tesla Inc., MicroStrategy Inc. and Square Inc. incorporated bitcoins into their balance sheets without igniting a broader corporate revolution. Now, the focus is turning to governments.
El Salvador, which started using the U.S dollar as its currency more than 20 years ago, last week became the first country in the world to pass legislation allowing use of bitcoins in any transaction. President Nayib Bukele says the point is to counter the fact that relatively few citizens have bank accounts and to cut the cost of sending remittances, such as money workers ship back to their families in El Salvador from other countries. ....

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Bitcoin versus old-school dollar

Bitcoin versus old-school dollar
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As Bitcoin Goes Green, Investors Will Come - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

May 20, 2021
As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors.
Ninepoint Partners, a Toronto-based investment firm managing $8 billion in assets, and Greenidge Generation, a New York-based power provider and bitcoin mining company, have each announced that they will be using carbon offsets to compensate for any carbon emissions resulting from their operations, signaling the growth of a significant new trend for the industry.
Carbon offsets allow companies like Ninepoint and Greenidge to pay for a reduction in carbon dioxide emissions somewhere else to compensate for any carbon emissions resulting from their own business practices. ....

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Blockchain Research Institute Announces New Wave of Global Expansion Into Africa, Middle East, and Korea

/CNW/ The Blockchain Research Institute (BRI), the world s largest independent blockchain think-tank, is launching a new wave of global expansion into. ....

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Blockchain Research Institute expands into Africa

May 19, 2021
The Blockchain Research Institute (BRI), an independent blockchain think-tank, is launching a new wave of global expansion with the announcement of BRI Africa, BRI Middle East, and BRI Korea.
BRI Africa will be launched in partnership with Standard Bank Group, while BRI Middle East will be launched in partnership with Konnect & Co, and BRI Korea will be launched in partnership with Bosagora Foundation.
The three global partnerships will establish think-tanks to promote blockchain education, innovation and adoption in their regions of expertise.
“This global expansion of the Blockchain Research Institute is another step towards realizing the potential of blockchain for the global digital economy,” says Don Tapscott, co-founder and executive chairman of the BRI. ....

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