Happy Tuesday, Blockfolians
The Lede
Well it’s only Tuesday yet we’ve had enough news for a month, it feels like.
Ray Dalio is a bitcoin owner.
China gave us more details about it’s mining ban (at least in Inner Mongolia)
And speaking of mining, Elon Musk and Michael Saylor have teamed up with a group of North American mining companies collectively representing about 10% of global hashpower to launch the “Bitcoin Mining Council.”
The group is focused on two things: 1) creating energy use reporting standards that members follow, and 2) advocating for greener energy.
Sounds good right? In fact, it was a source of INCREDIBLE debate almost immediately. Here are two fairly good characterizations of the two polls:
vs.
What’s for sure is, knowing this community, the debate has just begun.
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Highly Relevant Reading
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Michael Saylor follow up comments on BMC
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Mark Cuban invests in Polygon/Matic
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The 8 measures of Inner Mongolia’s Crypto Mining ban
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A CBDC rollout would require Congress to give the Fed more authority
Community Commentary
Is ransomware the next FUD?
Seems big!
A Really Big Number We Should Be Paying Attention To
$220,000,000
That’s the amount on offer from Dfinity for Developer Grants
Final Thought
Super interesting conversation
