Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Bitcoin 2021: Here's a live update of the biggest movers and shakers of Day 2

The largest-ever Bitcoin conference continued on Saturday. Here's a rundown of what you may have missed.

Some of crypto’s most influential people headlined the second day of Bitcoin 2021 Miami, offering words of wisdom about the future of decentralization, privacy and financial inclusion.

Day 2 began with a panel discussion centered around Bitcoin’s macro landscape, where Morgan Creek Digital founder Mark Yusko drew attention to the destruction of the dollar caused by the Federal Reserve’s endless money printing. “Thirty-nine percent of all dollars were created in the last 12 months,” he said, adding that the U.S. dollar is “the biggest shitcoin of them all.” 

The heavy panel discussion surrounding Bitcoin and monetary policy was followed by legendary skateboarder Tony Hawk discussing what happens when a counterculture goes mainstream. “It was very fast, it was international, for me it was the future of finance,” he said of Bitcoin. “I did buy Bitcoin in 2012.”

Hawk then hit the half-pipe to show off some of his legendary skills.

The Nakamoto Stage also featured a panel discussion called, “The Moral Case for Bitcoin,” where investor, educator and notable Texan Jimmy Song talked about the importance of property rights: "Property rights are the most basic human right... there is no other right without property rights.”

Lightning Labs’ co-founder Elizabeth Stark and leading macro analyst Lynn Alden shared the stage in the early afternoon for a session titled, “Bitcoin for Billions, Not Billionaires.”

““There are billions of people in the world that don’t have access to financial services. Bitcoin is extremely important,” Stark said, adding:

“We’ve heard a lot about Bitcoin that is bad, but I really care deeply about bringing this technology to people that may not be allowed on Twitter, that don’t even speak English!”

“Every decade or so, there are new victims for government debts,” Alden said, adding that we should focus more on Bitcoin’s use cases rather than solely its investment appeal.

“Making Bitcoin Infrastructure Ubiquitous” was the next topic to grace the Nakamoto Stage, with Galaxy Digital CEO Mike Novogratz and Paxos co-founder Charles Cascarilla leading the discussion.

“Bitcoin is already the most held asset outside of the U.S. dollar,” Novogratz said, adding that he’s “wildly optimistic” about institutional adoption of cryptocurrencies.

Cascarilla talked about the “unbelievable possibility” of Bitcoin beyond just price appreciation:

The stage for green energy, which was headlined by angel investor Steve Lee and Bitcoin Magazine technical editor Aaron van Wirdum, had an unexpected interruption when a member of the DOGE army swarmed the stage: 

Follow Cointelegraph on Twitter for a complete recap of Bitcoin Miami 2021. And make sure to read our Day 1 recap of the historic event.

This article is being updated live. 

https://ift.tt/3ge8rVG

Comments

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...