Unhashed Podcast - El Salruption - a podcast by The LTB Network

from 2021-06-18T07:47

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On this episode of the Unhashed Podcast, the gang's all back together, covering influencer tweets and price movements, was Miami a super-spreader event, Mara pool getting their act together, Taleb aligning with BSV fraudsters, El Salvadorean volcano mining, decentralized social networks, and hot takes on hippie clothing. Elon Musk tweeted Sunday that Tesla would again accept Bitcoin payments for Teslas if miners could demonstrate that 50% of their energy sources came from renewables. The next day, Billionaire hedge fund manager Paul Tudor Jones made a bullish comment regarding bitcoin on CNBC's 'œSquawk Box: 'œI like bitcoin as a portfolio diversifier. Everybody asks me 'œwhat should I do with my bitcoin?' The only thing I know for certain, I want 5% in gold, 5% in bitcoin, 5% in cash, 5% in commodities,'. The cryptocurrency began its latest surge on Sunday after Tesla CEO Elon Musk said the electric vehicle maker could accept bitcoin transactions again in the future. Bitcoin pumped to $39,000 following Musk's comments and was pushed over the edge to above $40k following Tudor's. Was Bitcoin2021 a 'œsuper spreader' event? If you follow CNBC then yes...maybe. However there appears to be very little evidence beyond the anecdotal for this. Eric Wall appears to have been beset by one of the more serious cases, tweeting (and then deleting) Thursday that he had 'œJust tested positive for COVID' and sharing a photo of himself in an ambulance or hospital attached to medical equipment. We wish Eric the best. The Miami Mayors office responded to claims of the conference being a super spreader event: 'œWe have no reason to believe the conference was a '˜Super Spreader.' At this point, with the information we know, this characterization of the event is not only unfair but also irresponsible,'. Bitcoin Magazine also responded that all attendees were provided with 'œthe current recommendations of the CDC and State of Florida,' and they had expressed to the audience that 'œthose who were high risk or hadn't been vaccinated should consider waiting until next year.' It should also be noted that any US citizen has had access to vaccines for almost a month now, meaning that any risks taken put only the individual who took them at risk. VOLCANO POWERED BITCOIN is the latest meme on Bitcoin Twitter following Salvadorian president Nayib Bukele's announcement that they would be using Geo-thermal energy produced from a volcano to mine Bitcoin: 'œOur engineers just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanoes. Starting to design a full #Bitcoin mining hub around it. What you see coming out of the well is pure water vapor'. Attached to the tweet was a video of a well spewing water into the air at incredible pressure. These comments follow a much larger announcement at Bitcoin2021 by Jack Mallers that El Salvador would pass a law that would recognize Bitcoin as Legal Tender and perhaps even keep Bitcoin as a reserve on the government's books. The move is not without its criticism, primarily coming from those who have rightly pointed out Bukele's historical strong man tactics in government and borderline authoritarian control over it. Perhaps most strangely of all the people who praised the move is none other than Bitcoin critic Frances Coppola, who tweeted 'œMy unpopular opinion (well, perhaps popular in some circles): the President of El Salvador's decision to adopt BTC as an alternative to the USD for transactions in his country is actually quite sensible.' Following news that the law had actually been passed was further proclamation from leaders in Brazil, Paraguay, Mexico, Argentina and other Central and South American countries that they would be considering similar laws in order to 'œde-dollarize' their economies. Mara Pool, the bitcoin mining pool operated by digital asset technolog

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