Welcome to Arry's Airdrop #05!
Calling all policy makers! This week’s crypto headlines make is clear that now is the time to equip yourself for the imminent flood of important issues, debates, regulations and investigations that are on the horizon for policy makers that interface with the global crypto and blockchain industry.
Whether you’re into blockchain for technological innovation or looking to trade crypto, it all starts with fundamentals, and without a doubt that means understanding the grandpa of the whole space: Bitcoin.
My Blockchains & Cryptos Fundamentals Course starts in less than 1 week! Seats are now more than 80% sold out. Use the code AIRDROP10 to get 10% off until the final application deadline tonight, September 7th, at 11:59PM PST.
Sign up before this session fills up.
Bitcoin Achievement Level Unlocked September 7th
Bitcoiners have been talking about this milestone for years. It's finally here.Bitcoin is a legal sovereign currency. El Salvador made the first move in the global game theory being the first nation to adopt Bitcoin as legal tender. El Salvador's President Nayib Bukele even doubled down by purchasing yet another 200 bitcoins recently - which means, El Salvador now holds 400 bitcoins, worth nearly $21mm at this point in time. Today, Tuesday September 7th, 2021, all eyes globally are on El Salvador as they pioneer the adoption of Bitcoin nationally. Every El Salvadorian will receive $30 in BTC.
Why you should care: To celebrate this momentous milestone, people globally will also be participating in purchasing $30 in BTC (or $300, or $3,000, or $30,000, etc...) in true global communal support. Crypto traders say, Bitcoin will go into a true price discovery phase after this date. In terms of game theory, what other nations will join the ranks of El Salvador? What if the other 150 nations around the world do the same, ahead of the comfortable top G20 nations like the US, Germany, France, China, and South Korea? Game on!
Crypto Recognition And Regulation Heats Up
Cryptocurrencies are now recognized under commercial law in Texas. Two crypto related bills were passed by both chambers in the state legislature in May, and signed into law in June by Greg Abbott (Governor). The laws came into effect on September 1.
Lee Bratchner, President of Texas Blockchain Council said that H.B. 4474 helps to better define the security interests for different cryptocurrencies in order to allow institutional investors to get involved with sizable investments. Nice job, Texas!
Buy Bitcoin From Your Bank In Oklahoma
Vast Bank, an independent bank based in Tulsa, Oklahoma, has recently become the first bank in the United States with Federal Reserve charter and FDIC insurance to offer Bitcoin and other cryptocurrency services.
The bank’s new Crypto Banking service is available via a user-friendly mobile application which simplifies the buying and selling of cryptocurrencies directly with bank accounts, according to their press release issued on August 25th.
Reminder, whether you're into blockchain, distributed ledger technology, or looking to trade crypto/digital assets, it all starts with the fundamentals, and that means understanding the grandpa of the whole space (the cryptocurrency, the network, the protocol): Bitcoin.
Join my weekly AMA every Friday, 12-1pm PST
Blockchain is a game changer as a powerful alternative technology to what most businesses use today.
Cryptocurrencies and other kinds of digital tokens are fascinating. We have seen their rise over the past couple of years. This meet up is all about focusing our time on global impactful topics, not just crypto-fluffery.
Join us if you want to get into real authentic discussions about what really matters in the blockchain space and have some actual FUN while we're at it, via the Blockchain Underground.
See you next week!
– Arry (@ArryinSeattle)
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Arry is the Chair of the Cascadia Blockchain Council, a group supported by the Washington Technology Industry Association (WTIA), the largest US tech association representing technology companies from Oregon to British Columbia. She is also the co-organizer for the States' Assn for Blockchain and was one of the early pioneers that completed a $32m tokensale in an Initial Coin Offering (ICO) back in 2017. She founded the Cascadia Blockchain Council in 2018 and has been an avid educator, advocate, investor, and innovator in the space since 2016.