Thursday, 10 June 2021

Millionaire Chicken, inflation in Venezuela and the use of BCH

Millionaire Chicken, inflation in Venezuela and the use of BCH submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/nw9sfp/millionaire_chicken_inflation_in_venezuela_and/

Bitcoin law has been approved in El Salvador.

The law doesn't make any difference between custodian service or on-chain payments.

https://read.cash/@francis105d1/bitcoin-law-has-been-approved-in-el-salvador-662cd91a

submitted by /u/francis105d1
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source https://www.reddit.com/r/btc/comments/nw9liw/bitcoin_law_has_been_approved_in_el_salvador/

The member.cash web of trust has had a major upgrade.

The member.cash web of trust has had a major upgrade. submitted by /u/freetrade
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source https://www.reddit.com/r/btc/comments/nwapdd/the_membercash_web_of_trust_has_had_a_major/

Now that El Salvador named Bitcoin as a legal tender, does this mean Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Wendys, Dominos, Olive Garden, Denny's, Papa Johns, all operating in El Salvador will now accept Bitcoin?

Now that El Salvador named Bitcoin as a legal tender, does this mean Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Wendys, Dominos, Olive Garden, Denny's, Papa Johns, all operating in El Salvador will now accept Bitcoin?

In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law.

The companies named all operate in El Salvador: Walmart, Gap, Forever 21, McDonalds, Sears, Claires, Payless Shoes, Burger King, Starbucks, KFC, Pizza Hut, Wendys, Subway, Dominos, Olive Garden, Denny's, Papa Johns

Restaurants: https://logos.fandom.com/wiki/Category:Restaurant_chains_in_El_Salvador

Retail: https://logos.fandom.com/wiki/Category:Retail_outlets_in_El_Salvador

Specifically Act 7 & Act 8.

https://preview.redd.it/fp309lwqua471.jpg?width=1247&format=pjpg&auto=webp&s=0295a20ffbbe81b7d5824a8e76bdf6d92916f140

*edited

Also Amazon, Google, and even Apple also possibly need to offer services with Bitcoin. According to the El Salvador president last night, they will. Unless these companies want to black out their companies in countries that adopt Bitcoin as legal tender, they will need to start accepting Bitcoin if they offer services (including online e-commerce).

submitted by /u/neverpersonal
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[Bukele] Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos πŸŒ‹ Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor πŸ‡ΈπŸ‡»

[Bukele] Our engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos πŸŒ‹ Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor πŸ‡ΈπŸ‡» submitted by /u/SleepyChino
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huge BTC short squeeze??!! what’s going on?

huge BTC short squeeze??!! what’s going on? submitted by /u/captainasw
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source https://www.reddit.com/r/btc/comments/nw4ypt/huge_btc_short_squeeze_whats_going_on/