Dave's Daily Crypto Take

DDCT #64 - 10/11/2021 (Is the U.S. Dollar Going Digital?)


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#Bitcoin #VitalikButerin #USdollar


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Dave's Daily Crypto Take


In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.


My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.


ARTICLES used in today's video:


https://www.theblockcrypto.com/post/119980/vitalik-buterin-calls-out-bitcoin-maximalists-el-salvador-comments?utm_source=rss&utm_medium=rss


Vitalik Buterin calls out 'Bitcoin maximalists' for supporting El Salvador's president Nayib Bukele


Ethereum creator Vitalik Buterin criticized El Salvador president Nayib Bukele on Friday for forcing businesses in the country to adopt bitcoin. Buterin also called out "Bitcoin maximalists" for supporting Bukele.


"Making it mandatory for businesses to accept a specific cryptocurrency is contrary to the ideals of freedom that are supposed to be so important to the crypto space," Buterin wrote in a Reddit post.


https://ambcrypto.com/why-new-investors-are-choosing-cardano-over-bitcoin-ethereum/


Why new investors are choosing Cardano over Bitcoin, Ethereum

Hoskinson is the co-Founder and CEO of IOHK, the company behind Cardano, and is active on social media platforms. On his channel, he explains concepts that include Cardano’s update proposals, global crypto challenges along with conducting regular AMA or ‘ask me anything’ sessions.


It might essentially mean that he can deliver clarity to first-time investors on his project, according to Krüger.


https://www.forbes.com/sites/billybambrough/2021/10/10/executive-order-bombshell-bitcoin-ethereum-cardano-bnb-xrp-solana-and-dogecoin-are-braced-for-a-massive-earthquake-amid-huge-price-pump/


Executive Order Bombshell: Bitcoin, Ethereum, Cardano, BNB, XRP, Solana And Dogecoin Are Braced For A Massive Earthquake Amid Huge Price Pump



The bitcoin price has rocketed 20% over the last month, adding over $10,000 per bitcoin. The price of ethereum, cardano, Binance's BNB, Ripple's XRP, solana and dogecoin have followed bitcoin higher, helping the combined cryptocurrency market soar to over $2.3 trillion.


Amid the huge crypto price pump, the Biden administration is weighing an executive order that would see a raft of new rules related to bitcoin and cryptocurrencies, it was reported by Bloomberg, citing anonymous sources familiar with the matter.


https://ambcrypto.com/why-bitcoin-investors-need-to-restrain-their-bullishness-for-now/


Why Bitcoin investors need to ‘restrain their bullishness’ for now


Bitcoin has been the best performing asset out of all the top 10 coins in the market this week. It has once again justified its king coin status. But as the king, it also faces a lot of threats from altcoins sometimes.


However, in this particular instance, the threat comes from its very own investors. And that too not in the form of selling but actually buying.


https://greekreporter.com/2021/10/10/digital-dollar-usd/


Is the U.S. Dollar Going Digital?



As the U.S. dollar is entering the crypto age, the U.S. government is considering the tremendous change the digital dollar would bring.


According to a Bloomberg report, the guidance will come through three pending reports related to public and private efforts to digitize the world’s global reserve currency. 


https://alternative.me/crypto/fear-and-greed-index/


https://coinmarketcap.com/


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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.


Thank you very much


Dave



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Dave's Daily Crypto TakeBy Dave D