El Salvador is likely to become the first country to adopt bitcoin as legal tender.
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El Salvador has become the first country to adopt bitcoin as legal tender. This is a noble idea, but unworkable in the long term.
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Chinese bitcoin mining could consume as much energy as the whole of the UK by 2024.
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Tesla’s stance has also shone the spotlight further onto the carbon footprint of cryptocurrency – an issue that will not go away soon.
From dawn til Musk.
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Bitcoin prices have plunged after the world’s second richest person tweeted that Tesla would no longer accept the cryptocurrency.
The Ys and wherefores.
AnaKins27
The digital yuan could make transactions faster, cheaper and more transparent, but there are dangers for the global economy.
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Bitcoin has been widely criticised for its enormous energy footprint. A new cryptocurrency may solve that problem, but might bring some unintended consequences.
B is for bank restrictions.
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NatWest and HSBC are restricting customers in their crypto-dealings.
Why buy Coinbase when you can buy bitcoin?
Burdun Iliya
America’s number one crypto exchange is floating via a direct listing.
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NFTs don’t even exist in the real world, but the market around them has a big effect on the planet.
NFTs can be used to prove who created and who owns digital items like these images by the artist Beeple shown at an exhibition in Beijing.
Nicolas Asfouri/AFP via Getty Images
NFTs are made the same way as crypto coins, but where every crypto coin is like every other, each NFT is a unique digital item – from images to sound files to text.
A NFT is a digital file with verified identity and ownership.
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It might sound ridiculous but the explosive market of crypto-collectibles and crypto-art is no joke. Here’s an explainer to make sense of it all
Still from ‘Mars’ by Grimes x Mac.
Grimes x Mac
The digital tokens are a way to create scarcity and an aura of authenticity in an online world of infinite copying, pasting and remixing.
Sascha Steinbach / EPA
Tesla spending billions on Bitcoin is bad news for the company’s shareholders and for Elon Musk’s admirers - not to mention the planet.
Everydays: The First 5000 Days.
Beeple
To quote the artist: ‘bruh… this crypto space seems super interesting though and i see a ton of potential to do some weird shit nobody has done yet.’
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Bitcoin is attracting attention from big buyers like Tesla. But don’t be fooled – it’s still a disaster for the climate.
‘It’s a one-way bet.’
EPA
There could be a reckoning coming with global regulators.
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Despite having no real basis as a financial asset, cryptocurrency Dogecoin recently reached a market cap of more than A$12 billion.
The COVID-19 pandemic has resulted in border closures and an increased desire to localize production and use supply chains that are close to home.
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The COVID-19 pandemic has seen a rise in digital localism — consumers using online local sites to buy and supply goods. Do platforms born during COVID-19 have a chance of survival?
Welcome to web 3.0.
Inked Pixels
While bitcoin is only a currency, the second-largest cryptocurrency is at the heart of a platform that aims to transform the internet.
B is for blast-off (but also bubble).
3DJustincase
Some say the world’s leading cryptocurrency will hit six figures before Christmas. Are they right?