The Weekly News Roundup, ending 14 November 2021

By Brian in Chicago on November 14, 2021 • ( 0 )

All kinds of interesting news this week. And the powers that be double down on policies based on disproven logic that didn’t work before.

Any comments or suggestions, feel free to reach out – hello@tinycryptoblog.com

Be well, Everyone. Think for yourself, and let NO ONE take your agency.

QUOTE OF THE WEEK
“If history teaches us anything it is that we should never concentrate absolute power in centralized authority.“
-Twitter

Follow TinyCryptoBlog – Website | YouTube | BitChute | Odysee | Brighteon | Twitter | Minds | Spotify | Facebook | Soundcloud | Medium

Articles on Medium this week

Tinycryptoblog on Medium

Podcasts

The Co$t of Crypto Podcast home page

This Week In Twitter

Crypto in a nutshell pic.twitter.com/bTnCGiCv2y
— Bitcoin Meme Library (@bitcoinmemelib) November 11, 2021

In an SEC filing today, Virtue Capital Management, a family financial planning and wealth management firm in Brentwood, Tennessee, reported owning 6,787 shares of Grayscale BTC.

Why does this matter? See here:https://t.co/UckIVdb4YW

Filing today:https://t.co/7MUv62y78U
— MacroScope (@MacroScope17) November 12, 2021

Some said an open-world experience this immersive wasn’t possible. But it’s already here. And you don’t even need silly VR headsets.

Introducing, ✨Icelandverse✨#icelandverse pic.twitter.com/b1cf1REKl9
— Inspired by Iceland (@iceland) November 11, 2021

#CryptoScams https://t.co/wuv5ZoM03G
— Brian of Tiny Crypto – #DecentralizeEverything (@TinyCryptoBlog) November 12, 2021

the mf standard #Bitcoin

strike officially supports sats

you can buy as little as 800 sats (as of writing) ($0.50) on strike. no fees.

update your apps we’re stacking SATS y’all pic.twitter.com/50iDJKxxFx
— Strike (@ln_strike) November 11, 2021

Dude, you should check out the Luna PR list. Almost every account here is on it. pic.twitter.com/ZxqYh6B56S
— Two Comma Pauper (@twocommapauper) November 13, 2021

Read through the comments.

Wait until one btc is worth $100 million.
— Brian of Tiny Crypto – #DecentralizeEverything (@TinyCryptoBlog) November 11, 2021

Feel free to quote me, but you’re going to have to wait 10 or 15 years to prove me wrong (and calculate the cost in 2021 dollars)

pic.twitter.com/W3BXPNYGwZ
— cryptob0t.eth (@thecryptob0t) November 13, 2021

Image 1 = signed in
Image 2 = not signed in, no cookies
This is not popular. #YoutubeDislike pic.twitter.com/aHWJmyqhhP
— Brian of Tiny Crypto – #DecentralizeEverything (@TinyCryptoBlog) November 12, 2021

If history teaches us anything it is that we should never concentrate absolute power in centralized authority.
— conspiracybot (@conspiracyb0t) November 11, 2021

If I could only give one message to people, just one last thing I could say for the rest of time it would be this.

Do not live in fear.

That’s it. That’s the message.
— Michael Krieger (@LibertyBlitz) November 12, 2021

Recommended Viewing

ADDING THIS FOR A PERSPECTIVE FROM THE OUTSIDE. HALFPASTHUMAN.COM

WHY U.S. LEGISLATORS WILL START CREATING “BITCOIN-FRIENDLY” STATES

Headlines

Adoption
AMC Now Begins Accepting Crypto Payments in BTC, ETH, BCH, LTC
Zimbabwe Could Be Next Country to Adopt BTC as Legal Tender
Mastercard Partners with Crypto Service Providers to Launch First Crypto Payment Cards in Asia-Pacific
Multi-brand Restaurant Landry’s to Offer Bitcoin to Diners on Each Dollar Spent
CONGOLESE REFUGEES USE BITCOIN TO BUILD GRASSROOTS ECONOMY
The city of Philadelphia rolls out its own blockchain initiative
Doctors Without Borders is now using blockchain tech for medical record storage
As Patreon tests the waters, can crypto open doors for content creators?

CBDC (are just Surveillance Tokens)
PBOC Unveils Machine that Converts Foreign Currencies to Digital Yuan as CBDC Debuts at CIIE
China’s JD Begins Accepting Digital Yuan on Its e-Commerce Platform
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins

Company / Product News
Amazon Will Start Accepting Payment for Purchases Using PayPal’s Venmo from 2022
Binance Wants to Become Digital Asset Provider in France by 2022
TAPROOT IS COMING TO BITCOIN: HOW IT WORKS, ITS HISTORY AND IMPLICATIONS
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
Miami will hand out free Bitcoin to residents from profits on city coin

Chatter, Commentary and Opinions
Ethereum Will Eventually Take Over Bitcoin, Citadel CEO Ken Griffin Say
Social Network Discord Considers Ethereum Integration with Metamask
Apple CEO Tim Cook Says He Owns Cryptocurrencies
NFTs Are Causing More People to Venture into Crypto Space, According to Visa Executive
New ATH renews faith in PlanB’s prediction of $98K BTC by December
Crypto’s climate impact: Are carbon offsets good enough?
Two firms account for the majority of Tether received: Report
Pew Research Center: At least 16% of Americans have owned crypto

Crime/Scams
How to spot a rug pull in DeFi — 6 tips by Cointelegraph

DeFi
Dutch Bank ING Considers DeFi Lending Project
How to spot a rug pull in DeFi — 6 tips by Cointelegraph

DYOR

Exchanges
Crypto Exchange FTX US Reports 52% Increase in User Count in Q3 2021
Huobi Group is moving to Gibraltar following China crackdown

Implementation
Coinbase Opens Standalone Browser Extension Wallet
Brave Announces Partnership Agreement with Solana Labs
BITCOIN EXCHANGE LOCALBITCOINS LAUNCHES IOS APP

Legistlation & Regulation & Legal Matters
Travel Rule Compliance Firm Notabene Raises $10.2M in Series A Round
RUSSIAN DEPUTY PROPOSES BILL TO LEGALIZE BITCOIN MINING, FORMS WORKING GROUP
Kazakhstan Senate approves legislation regulating crypto service providers
Nigerian banks tracking customer accounts for crypto trading
Russian Duma creates working group to tackle crypto mining regulations

Mining
COMPASS MINING ANNOUNCES NEW SERVICE FOR TRADING USED ASICS
THE APARTMENT DWELLER’S GUIDE TO MINING BITCOIN – featured post coming soon…
BITFARMS ENTERS US BITCOIN MINING MARKET WITH 24 MW HYDROPOWER FARM
Influx of crypto miners to Kazakhstan reportedly strains energy supply
Bitcoin miners look toward nuclear power for sustainable energy
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

NFT (Tokenization)
FC Barcelona to Launch NFT Series in Latest Partnership with Ownix
Manchester City to Launch Its Own Fan Token on Binance
Rarible Integrates Flow Blockchain to Leverage on Added NFT Experience
OpenSea extends NFT dominance with $10B cumulative volume
The International Chess Federation is first global sports association with its own NFT marketplace
Sotheby’s will take ETH bids in real time for Banksy auction
MyEtherWallet allows users to mint Ethereum blocks as NFTs

Taxation

The Wall Street
KEEP AN EYE ON THIS –> https://bitcointreasuries.net/
CHECK IT OUT –> https://www.buybitcoinworldwide.com/treasuries/
Financial Institutions Likely to Capitalize on Growing Stablecoin Industry
US SEC REJECTS VANECK SPOT BITCOIN ETF [It won’t until the regulator structure is in place, but the SEC might not do so until the outside pressure is too great to ignore]

Time Capsule

Outside News
BREAKING: Evergrande Defaults on $148 Million Bond Payments
Stock Market Retreats as Inflation Figures for October Soars

Surging Power of Labor: Record Churn & Quits among Workers as Employers Desperate to Fill Huge Number of Job Openings.
Millions of people are still watching this spectacle from the sidelines.https://t.co/KfwVSSgJ3q
— Wolf Richter (@wolfofwolfst) November 12, 2021

Supply Shocks

$8 GAS????

That’s I Am Legend prices pic.twitter.com/9jZHUJCoPh
— No 🔑 No 🧀 (@bitcoinzay) November 12, 2021

Shutting down multiple pipelines, no drilling in ANWAR and Fed lands. Killing funding for CapEx. And they whine about the middle East and Russia not producing enough. We are down in the US 2 billion barrels a year after Trump. totally Biden and his policies, no other explanation https://t.co/qYlcUrniG2
— John Mauldin (@JohnFMauldin) November 11, 2021

You Do Not Change Bitcoin. Bitcoin Changes You.
Nothing of note this week.