From Bitcoin’s ability to take over fiat to a new home for sale in VeChain, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin (BTC)
Reddit co-founder Alexis Ohanian is mapping out why he’s bullish on Bitcoin.
“Right now, it looks like as a store of value, there is some real traction. And actually, as we’re seeing countries like Turkey that are having significant economic crisis, where people are losing faith in the Turkish lira, we’re going to see money move over to Bitcoin. Because as unstable as it is, it is actually a lot more stable for a lot of people than their own nation’s fiat currency. But right now, we’re still in the earliest, earliest stages.”
Ethereum co-founder and founder of ConsenSys Joe Lubin just gave a wide-ranging interview with YouTube’s Hidden Forces. Among other things, Lubin covers the progress being made at Consensys, the future of DApps and how Ethereum can overcome its scalability challenges.
The IOTA Foundation just released its long-awaited Trinity desktop wallet to the public. IOTA is looking for feedback on the public beta, which was rolled out after passing multiple security audits.
Cardano creator Charles Hoskinson recently gave a speech on how his platform is working to come out on top in the race for the winning protocol. In his presentation, he cites BitTorrent, which was recently acquired by Tron, as an example of a decentralized platform that achieved huge success due to its ability to scale.
The first Dutchman offering to sell his home for VeChain is explaining why he’s bullish on the coin. “The Chinese government is putting a lot of stock in VeChain’s future as well,” Dian van Heijningen told Dutch daily newspaper Algemeen Dagblad. “In collaboration with different government entities, an authentication system has been created to verify whether vaccinations are genuine or not.”