A Must read Thread for Saturday reading.
Crypto Nation State Adoption.
A big development in the world if Bitcoin and crypto has happened this month and it hasn't got much attention from the crypto world.
A thread exploring Crypto Nation state adoption in Europe via Tether.
Crypto Nation State Adoption.
A big development in the world if Bitcoin and crypto has happened this month and it hasn't got much attention from the crypto world.
A thread exploring Crypto Nation state adoption in Europe via Tether.
A news for all individuals who want to leave fiat and move to crypto, like me.
Lugano, Switzerland started its journey to become the European capital of crypto via "Plan B".
Reports suggest that more European cities will follow, thanks to @Tether_to which is fueling adoption.
Lugano, Switzerland started its journey to become the European capital of crypto via "Plan B".
Reports suggest that more European cities will follow, thanks to @Tether_to which is fueling adoption.
For Crypto-
BTC and Tether will become the facto currency, at Par with Swiss Franc.
Findings- I have heard that Tether in partnership with other local Crypto firms has pledged 110 Million USD for Crypto adoption in Lugano, helping local shops to adopt it as a payment system.
BTC and Tether will become the facto currency, at Par with Swiss Franc.
Findings- I have heard that Tether in partnership with other local Crypto firms has pledged 110 Million USD for Crypto adoption in Lugano, helping local shops to adopt it as a payment system.
Best Part?
It includes 500 scholarships for students in blockchain, crypto-security, development, and beyond via entirely new higher education programs to find crypto Jobs
This is a big impetus for other cities to adopt crypto since it's economic impact on job creation.
It includes 500 scholarships for students in blockchain, crypto-security, development, and beyond via entirely new higher education programs to find crypto Jobs
This is a big impetus for other cities to adopt crypto since it's economic impact on job creation.
For the local government, this plan means Speed-
For the entire public service with instant payments via the Lightning Network, taxes, fees, transit tickets, will be emitted and available for payment in a matter of seconds, simplifying the workflow - therefore reducing costs.
For the entire public service with instant payments via the Lightning Network, taxes, fees, transit tickets, will be emitted and available for payment in a matter of seconds, simplifying the workflow - therefore reducing costs.
Lugano will get a faster and reliable payment system for the tourists to the city.
Which will translate into more money to the locals, leading to more disposable income and more jobs.
A crypto city, run entirely on crypto is a reality now, allowing us crypto users to escape.
Which will translate into more money to the locals, leading to more disposable income and more jobs.
A crypto city, run entirely on crypto is a reality now, allowing us crypto users to escape.
This will also make the neighboring citizens to witness and experience the freedom of crypto.
We will see the great migration based on crypto.
This will help the middle class on a grass root level is always crucial.
@PaoloArdoino stated it better:
We will see the great migration based on crypto.
This will help the middle class on a grass root level is always crucial.
@PaoloArdoino stated it better:
How will the city make more money?
Tether will lead in mining in Lugano by leveraging not only renewable sources of energy but also optimizing the city's energy infrastructure.
Bitcoin will be mined by the excess energy produced to bring more wealth to the city of Lugano.
Tether will lead in mining in Lugano by leveraging not only renewable sources of energy but also optimizing the city's energy infrastructure.
Bitcoin will be mined by the excess energy produced to bring more wealth to the city of Lugano.
Further diversification of BTC mining operations will be undertaken by Tether, which is crucial for all cryptocurrencies:
Mining in concentrated regions demerits the decentralized direction for currency which are the fundamental pillars for Bitcoin.
Mining in concentrated regions demerits the decentralized direction for currency which are the fundamental pillars for Bitcoin.
Tether helping cities to setup a local economy with crypto with more jobs, more tourism is a great news for real world crypto adoption.
ElSalvador, Lugano and now Rio and Miami are in the race to be the crypto capital. A competiton that we must encourage.
ElSalvador, Lugano and now Rio and Miami are in the race to be the crypto capital. A competiton that we must encourage.
Opinion- I am loving this adoption (Mostly for tax purposes) and not having to deal with banks.
I hope you liked this thread about Bitcoin news.
Will try to publish one such thread every weekend to keep you updated with Bitcoin news.
Also, Be ready for the Trading competition.
I hope you liked this thread about Bitcoin news.
Will try to publish one such thread every weekend to keep you updated with Bitcoin news.
Also, Be ready for the Trading competition.
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