Sunday, November 24, 2024
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‘Hyperbitcoinization’ Is Coming to an Emerging Market Near You, Paxful’s Ray Youssef Says

“The Global South is very interesting, particularly places like Africa, because the people there don't need anything,” Youssef remarked. “They are under such restrictive financial regimes, that honestly, it's a miracle they're not extinct. They're ingenuity and resourcefulness will create amazing wealth.” Source

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Blockchain Bites: MicroStrategy’s BTC Buy, Bitmain’s Power Struggle, Paxful’s Goodbye

MicroStrategy has put even more of its treasury into bitcoin, Paxful is pulling out of Venezuela and the Bitmain power struggle appears to have found a short-term solution.  Top shelfBitcoin buyMicroStrategy, a business intelligence company, told the U.S. Securities and Exchange Commission on Monday it “may increase” its BTC holdings beyond the $250

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