3 big events
Not one, but three major events occurred in the past week. These seem commonplace now, but in 2017, any one of these would be news in the crypto world for a month.
1) Panama
The Panama legislature approved a crypto-friendly law, with lawmakers voting for it 40-0. It stopped short of declaring bitcoin legal tender, but it exempted digital assets from capital gains tax. Gabriel Silva, the lawmaker who proposed the bill, tweeted that the bill would "help Panama become a hub of innovation and technology in Latin America!" For the bill to take effect, President Laurentino Cortizo must sign it.
2) Joe Rogan
The controversial podcaster called bitcoin a "viable form of currency" and compared its growth to the early years of the Internet. While this isn't exactly shocking news to those of us working in crypto, this is massive in terms of adoption. His podcast, the Joe Rogan experience, was launched in 2009 and had millions of listeners by 2015.
It is the most popular podcast in the world, according to a Newsweek article published last November.
Per one report, there are an estimated 200 million downloads of his podcast each month. That's a lot of ears.
3) Elon Musk Bored Ape Picture For Proof
I am sick of hearing the word "ape". You have heard about apes twice in the past week even if all you did was read our columns. But my opinion doesn't matter in this case.
When Elon Musk pins you as his PFP and trolls you in a tweet, that's great advertising. After all, he's followed by almost 91 million people and bots.
Congratulations to Yuga Labs for surviving their problematic metaverse land sale and to the holders who experienced the 20% pump of apecoin (APE) this morning. |