“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 4

This article was first published on Wanchain - Medium
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“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 4

reHash issued for October 9th to October 15th 2020

Welcome to this week’s edition. While the eyes of the world are on the USA election and Brexit, the pace of cryptocurrency related updates seems to pick up. This week marks more news regarding CBDC, publicly traded companies buying more Bitcoin and John McAfee’s caper in a Spanish prison. Hope you enjoy reHash as much as McAfee is (reportedly) enjoying prison!

NOTE:
reHash is not intended to be original journalism. It is intended to be brief summary of significant articles and events from the past week with links to the original sources. Sources will always be linked and credited. If you know any good newsletters or Twitter accounts which provide news we have been missing, please mention them in the comments!

ADOPTION

  1. 1 Euro in BTC has been sent to all 350 deputies of the Spanish Congress; goal is to educate them and make them aware of cryptocurrencies and possibilities cryptocurrencies bring; Spain is also preparing a bill to force disclosure of cryptocurrency holdings
    SOURCE: 1, 2, 3, 4, 56
  2. 13 publicly traded companies hold nearly 600 thousand BTC together, a total of approx $6.7 billion; slowly the investment of a small % of portfolio in cryptocurrency is regarded as good hedge; as Chamath Palihapitiya sees the Bitcoin as a kind of a insurance in case of global collapse of the financial system; according to Tyler Winklevoss “the tsunami is coming” with more and more companies adopting Bitcoin as investment; also the MicroStrategy’s purchase of Bitcoin means that all Norwegians own indirectly a small part of BTC
    SOURCE: 1, 2, 3, 4, 5, 6, 7, 8...

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