Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and cryptocurrencies. Using a Trusted Intermediary...
RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor Discusses Impact of CBDCs on Cryptocurrencies RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) on cryptocurrencies, like bitcoin and ether, at a webinar organized...
Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon. Elon Musk’s Bad Feeling About the U.S. Economy Tesla CEO Elon Musk said he has a “super bad feeling” about the U.S. economy in an email to executives seen by Reuters. The email, titled “pause all hiring worldwide,” was...
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there are thousands of merchants worldwide that accept...
Reddit Warns U.S. That Upload Filters Threaten Free Expression and Creativity
For several years, U.S. lawmakers have considered options to update the DMCA so it can more effectively deal with today’s online copyright issues. Many proposals have come and gone, without resulting in any significant legislative update. That could change in the near future. Following repeated nudges from Senators Thom Tillis and Patrick Leahy, the U.S. Copyright Office started looking into automated tools that online services can...
