extremism-and-cryptocurrency:-the-story-too-big-to-ignore

Extremism and Cryptocurrency: The Story Too Big to Ignore

On this episode, Anna Baydakova, Danny Nelson and Tanzeel Akhtar talk about why one of Justin Sun’s firms is linked to extremism, the revolt of the Capitol on a blockchain, Iran taking the mining industry below retain an eye on and to boot if Europe can retain an eye on bitcoin.

Rioters storming the U.S. Capitol on Jan. 6, livestreamed the action in DLive; a video streaming platform owned by BitTorrent, which, in flip, is owned by the Tron founder Justin Sun. To boot they got donations thru the blockchain-based mostly carrier. Crypto, extremism, deplatforming and the history of Justin Suns’ ventures all are wrapped up on this fable, which is too sizable to omit.

The govt.of Iran wants to manipulate crypto mining and has clamped down on miners once more. In January, the country shut down 1,620 unlawful cryptocurrency mining farms. The mining operations like been disconnected from the national vitality grid and miners will face prosecution. Iran has been money-strapped by the international sanctions for years, and bitcoin appears to be like fancy one other ability to web the govtthe money it wants. But will it work? And can like to soundless the the leisure of the sector allow it?

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In Europe, European Central Financial institution President Christine Lagarde is fervent to poke after “silly industry” within the cryptocurrency markets. Lagarde believes the sector wants to undertake comprehensive regulation to pause criminals, equivalent to money launderers, from turning to bitcoin for encourage. She has known as bitcoin a “extremely speculative” asset. Here is no longer the first time Lagarde has cautioned that cryptocurrencies can like to soundless be taken seriously and known as for world cooperation amongst worldwide regulators. Whether or no longer or no longer Lagarde is being taken seriously is but to be considered.

CoinDesk journalists Anna Baydakova, Danny Nelson and Tanzeel Akhtar mentioned these tales in at the unique time’s episode:

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