Nation-state command-and-control will transform into a self-organized digital society: Viva la Evolution\u2122The World\u2019s Richest Man Endorses and Buys Bitcoin + TIMELINEElon Musk first added a #bitcoin onto his Twitter profile, which sent the bitcoin market soaring over the next few hours. It then reversed all gains before finding its footing then moving to new highs over the ensuing days. Musk then tweeted his company Tesla, is buying $1.5 B worth of bitcoin. Bitcoin shot to new highs. This sets an important precedent for the world\u2019s richest man endorsing bitcoin. He is also eyeing ethereum and decentralized finance (DeFi).Expect an avalanche of companies onboarding bitcoin in the coming months to guard against falling fiat. There is speculation that Apple (AAPL) may buy some bitcoin given its massive war chest of over $200 billion, though, its current CEO Tim Cook has little to no understanding of the technology and utility behind bitcoin, and blockchain so may take his time. Meanwhile, the CFO of Twitter said the company was considering buying bitcoin, and the CEO of Uber said they will look at using bitcoin and other cryptocurrencies as a form of payment. And while Visa is also getting involved in cryptocurrencies, not to be outdone, Mastercard will let merchants accept payments in bitcoin and crypto later this year. The Bank of New York Mellon Corp, the nation\u2019s oldest bank, says it will custody bitcoin and other cryptos on behalf of its asset-management clients. And now, for the first time, a central bank is switching to bitcoin. The Central Bank of Kenya announced plans today to switch to bitcoin to solve problems with its devaluating national currency. This is just the beginning before bitcoin potentially becomes the world\u2019s reserve currency.In addition, DeFi TVL (total value locked) is now at $38 B, up from just\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Nation-state command-and-control will transform into a self-organized digital society: Viva la Evolution\u2122The World\u2019s Richest Man Endorses and Buys Bitcoin + TIMELINEElon Musk first added a #bitcoin [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3507"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3507"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}